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  Reply # 1819417 11-Jul-2017 10:29
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tdgeek:

 

Wiggum:

 



Other things to consider. If the storm causes widespread power cuts. The reduction in load caused by the power cut can often lower wholesale prices. And people who have wood fires or coal range's are more likely to light them than use electric heating. As they know it will be cold enough to make lighting the fire worthwhile.

 

I think you right there. We have adequate heating with 2 heat pumps in the house, but my first thought when I heard of this cold snap coming was that I should fire up the wood burner tonight. Not to save on electricity, but just for fun! Nothing like an evening glass of wine and a warm fire when the weather outside is crap. Our woodburner hardly gets any use these days as the heat pumps are just easier. But this cold snap is definitely going to be an excuse to use it.

 

 

I miss mine on days like this, and especially weekends. Be a hard row to hoe to get the wife to authorise a logburner. I could perhaps create some VERY localised power cuts, then have a great idea when we walk past some very cool logburners at the store...

 

 

I use to hate my woodburner, we lived in a freezing cold rental many year ago. Zero installation. Had to get up early to get the fire going, sometimes the wood was wet, and wood not burn, sometimes running out of kidding. I vowed back then that I would never rely solely on a wood burner for heating. Ever. 

 

But times change, a woodburner is great when its complimented by heatpumps.

 

When we moved into our new house it had a wood burner, this house is well insulated, but i installed a heatpump anyway. Woodburner is hardly used, but it is great when we do use it, and really great to not worry about getting it going just to warm up the house.


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  Reply # 1821111 12-Jul-2017 10:43
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So today is looking like its going to be a very expensive day for us in Kapiti.

 

Currently 37.2cents/unit and climbing.

 

Cold today, and school holidays so both heat pumps are doing what they meant to be doing! Pumping hot air!. Its times like this when flick makes 0 cents to me. Whats the point of a notification that prices are spiking? It does not make sense to switch off today. I guess I should have got the wood burner going before I left for work.


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  Reply # 1821177 12-Jul-2017 12:04
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Wiggum:

 

I guess I should have got the wood burner going before I left for work.

 

 

I won't be the only reader who found their sympathy for your plight rapidly evaporating at this sentence.


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  Reply # 1821198 12-Jul-2017 12:13
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Wiggum:

 

So today is looking like its going to be a very expensive day for us in Kapiti.

 

Currently 37.2cents/unit and climbing.

 

Cold today, and school holidays so both heat pumps are doing what they meant to be doing! Pumping hot air!. Its times like this when flick makes 0 cents to me. Whats the point of a notification that prices are spiking? It does not make sense to switch off today. I guess I should have got the wood burner going before I left for work.

 

 

You pay spot prices, so I assume you also pay lower prices than most of us, most of the time? If so, its a minor anomaly over the course of a year. If subscribers joined Flick in the normal times and exited each winter, they would go bust


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  Reply # 1821222 12-Jul-2017 12:40
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tdgeek:

 

 If subscribers joined Flick in the normal times and exited each winter, they would go bust

 

 

I do wonder about that. Lets say Flick had zero customers over the 3 months of winter.  They have no hedging to make a loss on, just the fixed costs to run the company, staff, advertising, compliance etc.  Those fixed costs would need to be split over 9 months of business instead of 12, so Flicks relatively small margin they add would increase by 25%.

 

It's the companies you switch to that would be more at risk of going bust, as they are actually losing money on each customers that joins just for winter to enjoy retail costs being lower than spot prices.


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  Reply # 1821225 12-Jul-2017 12:43
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dantheperson:

 

tdgeek:

 

 If subscribers joined Flick in the normal times and exited each winter, they would go bust

 

 

I do wonder about that. Lets say Flick had zero customers over the 3 months of winter.  They have no hedging to make a loss on, just the fixed costs to run the company, staff, advertising, compliance etc.  Those fixed costs would need to be split over 9 months of business instead of 12, so Flicks relatively small margin they add would increase by 25%.

 

It's the companies you switch to that would be more at risk of going bust, as they are actually losing money on each customers that joins just for winter to enjoy retail costs being lower than spot prices.

 

 

I agree on both counts. I assume Flick has no contract which is an enticer, but also a problem. Should encourage customers to pay a fixed payment through the year to offset this, but the average person may go ouch when even then they get a big bill


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  Reply # 1821237 12-Jul-2017 13:04
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I had enough too, I'm jumping ship.

 

Got a really good deal from Meridian with no contract.

 

I might be back when the prices settle a bit :)


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  Reply # 1821247 12-Jul-2017 13:16
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Hammerer:

 

Wiggum:

 

I guess I should have got the wood burner going before I left for work.

 

 

I won't be the only reader who found their sympathy for your plight rapidly evaporating at this sentence.

 

 

Dont get what you mean?


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  Reply # 1821264 12-Jul-2017 13:59
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Hint: if you're on Flick, right now is not the time to be baking fish fingers in the oven, especially if you're in the South Island.

Baby Get Shaky!
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  Reply # 1821265 12-Jul-2017 14:00
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Flick price in Chch at present is just over 60c per kwh.  I hate to think what it is going to be come 5pm. Glad we jumped ship and wouldn't hesitate to do it again.


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  Reply # 1821266 12-Jul-2017 14:01
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kingjj:

 

Flick price in Chch at present is just over 60c per kwh.  I hate to think what it is going to be come 5pm. Glad we jumped ship and wouldn't hesitate to do it again.

 

 

 

 

If I am reading the forecast right, it is going to double that by 6pm.


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  Reply # 1821268 12-Jul-2017 14:02
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kingjj:

 

Flick price in Chch at present is just over 60c per kwh.  I hate to think what it is going to be come 5pm. Glad we jumped ship and wouldn't hesitate to do it again.

 

 

 

 

Ha, I was just going to email the wife to suggest sandwiches and not a roast for dinner.


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  Reply # 1821293 12-Jul-2017 14:55
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  Reply # 1821304 12-Jul-2017 15:10
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I'm not even getting notifications through the app.. anyone else has that problem?

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  Reply # 1821345 12-Jul-2017 15:38
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Got this message on the electric kiwi website when trying to signup "Thanks for your interest in joining Electric Kiwi. Due to the current high volume of customers joining Electric Kiwi, in order to keep delivering our award-winning customer service, we are temporarily limiting new customers in some areas at this time. Check back soon as we expect to be on top of demand before too long."


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