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  Reply # 2178067 14-Feb-2019 08:48
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Thanks @Aredwood makes a lot of sense, as usual


SBQ

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  Reply # 2178120 14-Feb-2019 09:56
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Great response aredwood. In the past i've made references to current high spot prices but vaguely recall the exact reason despite a website that shows current spot prices around the country. I've never linked that logic if say farmers nearby run their irrigation or a massive demand in the N Island due to high temperatures. Though.... basic logic would tells me that if temperatures outside are low where I live, I would expect electricity prices to be low too. That can't apply anymore.

 

From heapsort's response, I understand each to their own and can choose who they want for services. It seems that the large power retailers have an edge where they can do generation. The thing is, can you blame them? It's like in that other thread where I posted about Spark's loyalty credit scheme. Yes it wasn't easy for me to switch away from Spark to Now! for my ISP. But it seems a lot of people want to save even if it's a small amount. I was not happy that Spark discontinued my loyalty credit and raised my monthly fee by $15/month. I'm looking at a $45/month savings which is nothing to sneeze at over the year. Likewise with Flick, if it worked out that I was paying maybe 5% more in power with them than if I was with Genesis.. then I wouldn't bother switching.. but when I can see a 20% savings over the year? Maybe for some even 25% savings wouldn't be enough to move them. Each is to their own. But the most important thing is, being able to LOOK and see what other retailers are offering (hence why i'm looking at my Flick dashboard). There was a recent report (on Stuff.co.nz?) that was saying MORE people could save on electricity but they could not bother with the hassles of switching (or they are completely unaware and assume all prices are the same over the long term). ?

Keep cool Christchurch! Suppose to go +32C today.


 
 
 
 


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  Reply # 2178197 14-Feb-2019 11:19
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I have no problem with anyone else choosing which provider suits them for their own reasons. I wouldn't switch to a large generator-retailer on principle because (from my own perspective) regarding the current issues in the NZ electricity market, large generator-retailers are a part of the problem. Reading the Undesirable Trading Situation claim currently lodged by Flick and other small retailers primarily against Genesis and Contact, I'm happy with my decision.

 

Also not convinced the potential amount I could save by switching is as great as 20%. I've no doubt it was that much or more comparing with Flick Freestyle during severe spot price peaks late last year, but I'm on Fixie now and at a glance a comparable Genesis plan appears to have about the same fixed daily charge, night/weekend rate 25% cheaper, and weekday rate 20% more expensive. Probably similar overall with my usage. There's also other factors such as troubles I've heard of people getting the night rate from 9pm or paying a three-figure sum to have their smart meter reconfigured.


SBQ

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  Reply # 2178230 14-Feb-2019 12:34
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heapsort:

 

I have no problem with anyone else choosing which provider suits them for their own reasons. I wouldn't switch to a large generator-retailer on principle because (from my own perspective) regarding the current issues in the NZ electricity market, large generator-retailers are a part of the problem. Reading the Undesirable Trading Situation claim currently lodged by Flick and other small retailers primarily against Genesis and Contact, I'm happy with my decision.

 

Also not convinced the potential amount I could save by switching is as great as 20%. I've no doubt it was that much or more comparing with Flick Freestyle during severe spot price peaks late last year, but I'm on Fixie now and at a glance a comparable Genesis plan appears to have about the same fixed daily charge, night/weekend rate 25% cheaper, and weekday rate 20% more expensive. Probably similar overall with my usage. There's also other factors such as troubles I've heard of people getting the night rate from 9pm or paying a three-figure sum to have their smart meter reconfigured.

 

 

In Christchurch, the savings is considerable. When I was with Flick they didn't honor Orion's low weekend (Sat & Sun) night rate and instead, Flick would do a simple only on 9pm to 7am DAILY. Don't know why? So I was seeing $180/month in peak summer and now with Genesis, i'm down to little over $100/month with 2/3rd of the energy use on off peak rate. Why? Because the weekend rate would be at least 20% savings as it's 2 out of the 7 days that will be on the night right. Works out 98 night rate hours and 70 day rate hours in a week. I'm not sure why a Chch resident would only pick the day & night plan that doesn't offer the low weekend rate? (of course if you compare apples with apples to Flick, sure the savings won't be 20%. But the day rate isn't that much difference (around 30c/kw/hr which is comparable to what N. Island people pay). The primary motivation leaving Flick is having cheap Sat & Sunday and that makes the wife happy.

Now I must admit it was not easy getting Genesis to do a meter reconfiguration as I had to inquire 3 times and a $180 electrician call out fee. But when you can pay up to 3 thousand dollars a year on electricity, this meter change fee is minimal.

The large retailers have an advantage, and Flick isn't happy with that. But life isn't fair. Bottom line is if the big retailers can provide lower pricing for their customers, then why try to level the playing field by having small retailers like Flick complaining to the commerce commission? Are they being sore losers? Just look at the telco / ISP business. The largest being Spark has the highest price (though their service may be better, it doesn't stop customers from choosing small retailers like Now! which who knows.. may become a large retailer).


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  Reply # 2178232 14-Feb-2019 12:48
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SBQ:

 

In Christchurch, the savings is considerable. When I was with Flick they didn't honor Orion's low weekend (Sat & Sun) night rate and instead, Flick would do a simple only on 9pm to 7am DAILY. Don't know why? So I was seeing $180/month in peak summer and now with Genesis, i'm down to little over $100/month with 2/3rd of the energy use on off peak rate. Why? Because the weekend rate would be at least 20% savings as it's 2 out of the 7 days that will be on the night right. Works out 98 night rate hours and 70 day rate hours in a week. I'm not sure why a Chch resident would only pick the day & night plan that doesn't offer the low weekend rate? (of course if you compare apples with apples to Flick, sure the savings won't be 20%. But the day rate isn't that much difference (around 30c/kw/hr which is comparable to what N. Island people pay). The primary motivation leaving Flick is having cheap Sat & Sunday and that makes the wife happy.

 

I have no idea why you wouldn't have received the low weekend rate. To my knowledge it is not standard for Flick to exclude it from their customers in the Orion distribution area. I get the 9pm to 7am night rate all day on weekends with Flick, and always have since day one. Even back on Freestyle, my prices during the day on weekends were around the same as overnight rates. Great for oven meals, laundry, the electric lawnmower, etc. I never needed to ask for this or get any special meter calibration. Perhaps there was something unusual about the setup of your meter at the time.


SBQ

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  Reply # 2178233 14-Feb-2019 12:53
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Flick's reason at the time I looked into it (maybe 2 years ago) was they never offered it. Maybe because customer support was speaking from Wellington and unaware of Orion configurations. However, they were well aware of the Orion 'winter' surcharge. Wife is happy not having to look at the Flick dashboard all the time to see if prices are excessive. I don't think she would care to change.


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  Reply # 2178250 14-Feb-2019 13:05
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That is strange. Sounds like a meter configuration or customer support stuff-up somewhere. I'm in suburban Christchurch and I switched to Flick two years and two weeks ago. Continued to get off-peak weekend days just as with my previous retailer.


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  Reply # 2178262 14-Feb-2019 13:45
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I admittedly have switched from Flick to a Meridian 3 year fixed rate plan. (Switched approx 1 year ago). The price was such that whenever wholesale prices are more than approx $95/MW Meridian will be making a loss selling power to me. Instead of being able to sell it on the wholesale market.

And that before any allowance for Meridian to cover their general overheads. Or whether they even have enough water available in their hydro dams to be able to generate enough power to cover their existing customers usage. And any hedge contracts they have sold. There may even be a point where they might not be able to generate enough power themselves, in which case they would be forced to purchase power on the wholesale market.

Even better for me, there are no break fees if I want to exit the fixed term early. So I'm definitely having a laugh to myself, looking at the current wholesale prices.

I would love to go back to Flick one day. But the government need to sort out the Resource Management Act, So large scale renewable generation can actually be built. And the current game of ”Chicken” in relation to the Bluff Smelter needs to finish.

Getting rid of the Low user regulations would also solve lots of problems as well.





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  Reply # 2178265 14-Feb-2019 13:56
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Last time I checked the Orion network pricing, they charge the retailers capacity fees. And assuming that those fees are charged on an overall basis for a retailers customers. Having more customers allows cross subsidies between different customers of that retailer. While the low user regulations mean that Flick can't simply pass through the capacity charges to their end users. Like they do with lines fees in every other network area.

Getting rid of the Low user regulations, would also make it possible for Flick to charge higher fixed fees. And then pass through the wholesale power prices without any markups.





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  Reply # 2178269 14-Feb-2019 14:18
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Aredwood: I admittedly have switched from Flick to a Meridian 3 year fixed rate plan. (Switched approx 1 year ago).

 

I am beginning to wonder if I am the only current Flick customer actually active on this thread. Ha! But seriously, good for you on finding a great deal.


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  Reply # 2185365 22-Feb-2019 12:52
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nickb800:

 

heapsort:

 

In Christchurch here, been with Flick for years and on Fixie since October. Recently received an offer to re-fix (or rather re-Fixie) early for another six months starting from now at the same prices. I'll probably take this, and look at how spot prices are for Freestyle 6 months from now.

 

 

That's interesting that Flick are offering similar prices for further fixed terms. I've enjoyed being on Fixie but whenever I check em6 I see spot prices north of $100 so wonder how they can offer a hedged price that is consistently below the market average. Perhaps they are looking out beyond the Pokohura gas outage and see prices settling back to their previous norm of $60-70

 

 

I've received an email from Flick to extend my Fixie term for a further six months - has anyone else got this?

 

The offer was for the same price - 7.8 + 0.15 cents in the Electra area. 

 

I jumped on it, as it looks very good compared to current spot prices. Although I guess they will settle when Pokohura comes back in April?


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  Reply # 2186917 25-Feb-2019 13:35
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This is one thing I can’t manage to wrap my head around is what power company to use and understanding what is a good deal and not. In the past I have just gone with what powerswitch and Glimp have recommended but I’m sure there is more to it than just that.

Currently looking at switching to either Flick or Powershop (based off of the above sites recommendations)

Current power company is contact.

What should I be considering when switching as I usually go for the lowest estimated monthly price.

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  Reply # 2186952 25-Feb-2019 15:08
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Dial111: This is one thing I can’t manage to wrap my head around is what power company to use and understanding what is a good deal and not. In the past I have just gone with what powerswitch and Glimp have recommended but I’m sure there is more to it than just that.

Currently looking at switching to either Flick or Powershop (based off of the above sites recommendations)

Current power company is contact.

What should I be considering when switching as I usually go for the lowest estimated monthly price.


Definitely not Flick at the moment due to high wholesale prices, and you need to be able to time shift a decent part of your usage to get the best savings with them.

While Powershop, you need to keep logging into their website to buy the limited time special power packs to get the overall cheap quoted rate.

Consider Electric Kiwi (1 hour of free electricity each day) Also have a look at Pulse energy.

I have seen an add from Contact Energy, claiming 1 month of free power. But I haven't checked the terms of that. Might be that over a year, they will check which month you used the least power, and make that the free month.





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  Reply # 2188396 27-Feb-2019 18:52
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Well last night saw several hours of electricity close to $0, well 0.01 - which was a nice surprise (first time in a while the grid charged my battery storage 100%) even tonight is forecast to have some nice low points. 

 

 

 

I'm assuming some of the gas maintenance has finished? combined with a bit more rain lowering the irrigation demand, although last night was a pretty significant change from the past couple of months. 


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  Reply # 2188422 27-Feb-2019 19:58
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Pohokura has returned from it's outage though there are another 14 days of work scheduled before April. The rain has helped, but the main contributor has been the cooling off of temperatures as reduced aircon demand and also reduced irrigation demand significantly.


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