Should I use Electric Kiwi over Genesis?

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jonathan18

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#2326326 28-Sep-2019 15:26

We have our hour of power set from 6-7am, and everything goes on via the timers built into each appliance - that is ducted heatpump, electric car, washing machine, and the dishwasher; plus a convection heater on an external timer.

2tukapa1 - does your calculation of the one-year contract plan being cheaper than the stay ahead 200 include the 10% discount? It's just that the rates I saw were a bit cheaper, but would not lead to certainly anything like a 10% cheaper bill.

If you're looking for a $50 credit for a referral, my link is:

https://www.electrickiwi.co.nz/go/refer-a-friend?TAph9wIwklmp9GGgsuPtfg%3D%3D

timmmay

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#2326328 28-Sep-2019 15:47

tukapa1:

Our heat pump comes on at 5am, so I would probably use 5am-6am for the free hour of power, but would want the washing machine, dryer and dishwasher to kick on at 5am as well.

Question - do you all just use the built in delay start features on your appliances?

Wash the clothes at night, dry them at 5am using the drier's timer. Putting a timer on the hot water cost me about $250 but paid for itself in less than a year. Everything we have has ok timers, and will be a key feature requirement when we upgrade appliances.

Hammerer

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#2327623 1-Oct-2019 12:12

Hammerer:

Stay Ahead 200 10% top-up bonus

By the way, Electric Kiwi are not providing a 10% discount. It is a "10% top-up bonus" which is equivalent a 9.09% discount.

Pay $200 and get free 10% = $20 bonus. So we paid $200 for $220 power. The discount is "discount value"/"undiscounted price" which is 20/220 = 9.09% and not 20/200 = 10%.

jonathan18

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#2327683 1-Oct-2019 13:18

timmmay:

Everything we have has ok timers, and will be a key feature requirement when we upgrade appliances.

Yes, it's a matter of know thy appliance to make the most of the free hour.

A case in point - the timer on our washing machine (a relatively new Bosch) runs around 13 minutes early plus it only goes in hourly increments, meaning it needs to be started 10-15 past the hour (the usual cycle we use is an hour). I'll often set a timer on my watch to ensure I do it at approximately the right time!

timmmay

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#2327719 1-Oct-2019 13:49

Yeah, our older F&P drier runs about 15 minus early too.

sidefx

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#2328338 2-Oct-2019 10:58

Hammerer:

By the way, Electric Kiwi are not providing a 10% discount. It is a "10% top-up bonus" which is equivalent a 9.09% discount.

Pay $200 and get free 10% = $20 bonus. So we paid $200 for $220 power. The discount is "discount value"/"undiscounted price" which is 20/220 = 9.09% and not 20/200 = 10%.

Still bloody good. Last time I compared their rates I only had to use 6% of my power during my free hour of power to break even. I easily get more than 12% (yeah in winter I can bump up into the 30s or 40s... I just checked and managed 45% once, and an average of 14% since joining) and now another 9% from the topup bonus... excellent!

"I was born not knowing and have had only a little time to change that here and there." | Octopus Energy | Sharesies
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Hammerer

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#2333506 9-Oct-2019 17:51

sidefx:

Still bloody good. Last time I compared their rates I only had to use 6% of my power during my free hour of power to break even. I easily get more than 12% (yeah in winter I can bump up into the 30s or 40s... I just checked and managed 45% once, and an average of 14% since joining) and now another 9% from the topup bonus... excellent!

Totally agree. That additional 9% discount makes them the cheapest option for me.

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michaelmurfy

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#2333518 9-Oct-2019 18:18

Hey guys - no more referral codes please. You're free to offer advise but if it is for your own personal gain then don't.

Michael Murphy | https://murfy.nz
Referral Links: Quic Broadband (use R122101E7CV7Q for free setup)

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