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1199 posts

Uber Geek
Inactive user


  #2044600 27-Jun-2018 09:30
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muppet:

 

I just switched to Flick this week to see what it's like.

 

So far, it's been fun hehe.

 

 

 

Edit: I can't understand anyone complaining about price spikes.  IT SAYS RIGHT THERE WHEN YOU SIGN UP IT MIGHT HAPPEN.

 

 

Yea seeing large spikes today for the first time in a while. Normally the spike lasts just a short time, today mine is been hovering at about 95cents per unit since early this morning. Something must be up.


109 posts

Master Geek

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  #2044602 27-Jun-2018 09:31
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Edit: I can't understand anyone complaining about price spikes.  IT SAYS RIGHT THERE WHEN YOU SIGN UP IT MIGHT HAPPEN.

 

 

Just to be a clear: I don't like the spikes, but I'm not moaning. I'm more interested in understanding the behaviours of the market.


21209 posts

Uber Geek

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Lifetime subscriber

  #2044603 27-Jun-2018 09:32
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Wiggum:

 

muppet:

 

I just switched to Flick this week to see what it's like.

 

So far, it's been fun hehe.

 

 

 

Edit: I can't understand anyone complaining about price spikes.  IT SAYS RIGHT THERE WHEN YOU SIGN UP IT MIGHT HAPPEN.

 

 

Yea seeing large spikes today for the first time in a while. Normally the spike lasts just a short time, today mine is been hovering at about 95cents per unit since early this morning. Something must be up.

 

 

Its cold, high demand, its winter. Spikes will come and go, its normal


84 posts

Master Geek


  #2044604 27-Jun-2018 09:33
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I can't understand anyone complaining about price spikes


I don't mind the spikes. It's the lumps that get me...

1199 posts

Uber Geek
Inactive user


  #2044606 27-Jun-2018 09:39
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tdgeek:

 

Its cold, high demand, its winter. Spikes will come and go, its normal

 

 

Like I said today is a bit unusual for us. Its been cold and winter for a while now. Today seems to be a bit more than just a spike, its been hovering like this for over 3 hours now. All my spikes to date have not lasted more than 30 minutes (except for one in early May)


1996 posts

Uber Geek

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  #2044609 27-Jun-2018 09:43
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Spikes or lumps last winter sometimes lasted for a few hours.

 

Expect the same tonight from 5 until 7:30 or so!





CPU: Intel 3770k| RAM: F3-2400C10D-16GTX G.Skill Trident X |MB:  Gigabyte Z77X-UD5H-WB | GFX: GV-N660OC-2GD gv-n660oc-2gd GeForce GTX 660 | Monitor: Qnix 27" 2560x1440

 

 


84 posts

Master Geek


  #2044617 27-Jun-2018 10:02
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84 posts

Master Geek


  #2044664 27-Jun-2018 11:19
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Forecast prices are nuts today:

 


83 posts

Master Geek


  #2044686 27-Jun-2018 12:10
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pogo:

 

What's up with Huntly? 

 

http://www.em6live.co.nz/PlanningRegion.aspx?planningregion=usi

 

 

 

 

What's wrong with Huntly,
It's my home country...

 

 

 

Are they affected by the gas shortage?

 

https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12078114


SBQ

91 posts

Master Geek


  #2044706 27-Jun-2018 12:41
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pogo:

 

Forecast prices are nuts today:

 

 



As I posted before, demand will always be high during the winter months. I suffered the high winter prices in 2017 with Flick. What I realised was during the winter months, I would consume 2/3rd of my total annual electricity use. The remaining 1/3rd of electricity I used over the summer months did not matter because you can only save so much on 1/3rd of the power used. Could not get away from Flick fast enough. My Genesis bill came in the other week and boy am I glad (NO SHOCK billing). No more having to check the Flick App every 30 minutes to cry over how expensive meals will cost to cook.

I've found when the demand for electricity in winter months is consistently high, the spikes will reflect that to the point that overall, prices will remain high all through the day. Even at night time the night rate price is elevated much higher than the flat rate Genesis offered me prior.

How are the Flick customers in Christchurch ? I share your pain.


501 posts

Ultimate Geek


  #2044716 27-Jun-2018 13:09
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The main difference is that as Flick customers (and customers of other retailers selling at spot prices) we get hit with the high prices as they happen and get the low prices for the rest of the time, for everyone else (unless they’re on fixed term contracts) the retailers will raise the prices which you’ll have to pay the increased cost to cover the high prices over the rest of the year, and they’ll make certain they have a buffer as they want to make a profit. Yes the prices may currently be high, but paying at spot prices will still be cheaper in the long run as when the prices go back down we get to pay those instead of paying the prices of a retailer trying get to make up for past high prices and potential future ones.

84 posts

Master Geek


  #2044717 27-Jun-2018 13:20
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As I posted before, demand will always be high during the winter months. I suffered the high winter prices in 2017 with Flick. What I realised was during the winter months...

 

If you haven't been paying attention to the thread, something is different as of yesterday and today. So far this winter we've seen short-term spikes in cold-snaps, as expected, but over the past 16 hours or seen we've seen sustained high prices that are very similar to last year's dry winter. Last year lake-levels were nearing danger levels, but this year is fine: