I see today that Electric Kiwi are hiking their prices including their daily rate by a lot. The on peak rate is now over 70 cents per kWh. I had only switched to them a month ago after rank Energy shut down. Anyone got a recommendation for a low power user in a more rural area where rates are a lot more than cities.
Well I locked Meridian in as our provider for two years at fixed rates which are:
32.14 c/kWh Anytime
21.59 c/kWh Controlled
138.0 Daily charge…….
This is their "EVERYDAY ECONOMY FIXED RATE PLAN"
I don't know if it's stil available but if it is I can say it seems to be relatively reasonable. Also a point to note - and PUSH this if you're applying to them - is that they can offer you a $200 credit on your plan for joining up with them.
I refixed my plan with them earlier this year as I had been on a 2 year fixed plan previously and it ran out in January. It took me a bit of fiddling around to get the rates I thought were ok, (the ones I've shown here), and then I asked the guy on chat "Hey how about this $200 credit" he told me they only do this for new customers not for existing customers. I said - ok well I"ll think about this and get back to you. A day or so later I got a different chat guy and I pushed this and he said - Oh yeah we can offer a 'retention' credit of $200 to you………………so it pays to push a bit if you want to …………I got my $200 credit but if I hadn't been a bit pushy I wouldn't have.
Anyway I think their pricing is ok- ish.
Is it 2 years fixed term, or a 2 year fixed price term. A work colleague recently moved house and locked ito Mercury 2 year fixed term, thinking it was a fixed 2 year pricing.
Is https://www.powerswitch.org.nz/ still good for a price comparasion checker, or are there better ones out there these days?
The MoneyHub website has some good information including a comprehensive spreadsheet you can download and put in your usage information for comparison.
https://www.moneyhub.co.nz/power-company-comparison.html
Everyone is and will be raising their prices sadly.
We are on Powershop, house of 3.. only heating is two heatpumps.
Currently around $400 a month.
Will depend where you are. We were with frank and went with Powershop. Seems to be abit cheaper although requires some work with buying packs of power when discounted.
Based in urban christchurch.
Like others have mentioned you need to basically check the rates and your usage for your specific address across each retailers website.
The rates vary not just regionally, but within region as well. For example if i input 2 different Wellington address i receive 2 different rates on offer from the same company.
It's a scandal how we're being forced onto these higher prices. Yesterday Electric Kiwi advised that my electricity is rising by approx $1.05 a day and my broadband by $9 a month. I've suddenly got to find another $500 a year to just live.
Regarding PowerSwitch, after putting in my info they've recommended a different Electric Kiwi plan called Go250. I'm currently number 72 in a chat queue with EK to arrange the switch as they still seem to be the cheapest for me out of all the (poor) options.
EK just doesn't seem very competitive now, and the Gen Retailers in my area seem to be the cheapest because they can price the small players out of the market. The powerswitch website is also pretty poor as it is largely estimated, so very difficult to get an accurate figure. I personally would never bundle broadband with the power supplier unless the deal is very good. Skys starter plan at the moment looks like a good deal if it goes up to 100/50 with the fibre increases.
Powerswitch is a bit crap as it only takes an average for time of use pricing e.g. that Go260 plan assumes:
This result is based on an assumption that 26.85% of the households electricity usage is consumed on Sunday and during the free hour period on other days.
EK is gonna be more pricey for me compared to otehr providers. That makes me wondr if the other companies will be raising prices post EK price raise after they get people jumping ship.
Advice is the same as all these "best power company?" posts. You really need to contact them all yourself. Your rates will be tied to your location. Everyone uses power differently as well. So it depends how much you use during peak and off peak