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18756 posts

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  # 2341478 21-Oct-2019 18:28
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Hammerer:

 

tdgeek:

 

MikeB4:

 

tdgeek:

 

Ok, lets stick to letting the market manage itself, that works well for electricity and petrol. At least with electricity, the prices are extremely transparent. You can see all the plans and prices, some give the breakdown for these prices and levies, its not hard to make discounts illegal and watch them. There are enough innovators and competition, especially as the smaller ones will have it easier than they do now, and they already do ok now. But of you feel that all of these  power companies, as a group, have it all over whatever Government is in place, well we may as well just de regulate everything. And the poor can worry about themselves. Thats not really fair

 

 

Been there done that, I think I still have the tee shirt.Beware of Labour governments bring promises of glad tidings with power reforms. Another Labour government promised fair and affordable power with reforms and delivered, errrr higher cost power for all.  The way to make power or anything more affordable is for the government to encourage and assist in building a high growth, full employment economy with good earning potential and higher wages. Regulating pricing structures will not achieve this.

 

 

Right now we have full employment and growing wages. The review was not to regulate prices. It was to remove fake discounts and fake credits that are used to gain market share at the expense of the poor who cannot manage keeping up with the fake discounts and fake credits that they end up paying for. You are blaming Labour, thats fine, but power prices increases exceeding inflation have been around for a long time. I guess National will fix this. But to suggest that we just add high growth, add high employment, add high wages and automatically its all sorted is odd.

 

Next year, I will ask the politicians for what they will do and they will all  say " we will add high growth, add high employment, add high wages"

 

We will stick to the electricity market managing us

 

 

Get a room. This argument appears to be way off-topic for a Genesis power shout discussion? 

 

But this would make a good start for a topic on the Electricity Price Review 2018-2019.

 

 

Dont tell me to get a room! But yes, you are right, apologies.


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  # 2341517 21-Oct-2019 21:18
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I feel the politics is relevant here. The government has stated they wish power suppliers to cease discounts and these power shouts are a discount. It has been some time since we received one from Genesis and I suspect political pressure is present.





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There is no planet B

 

 


 
 
 
 


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  # 2341554 22-Oct-2019 07:19
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MikeB4:

 

I feel the politics is relevant here. The government has stated they wish power suppliers to cease discounts and these power shouts are a discount. It has been some time since we received one from Genesis and I suspect political pressure is present.

 

 

I feel a power shout isn't a discount. Everyone gets it, you dont need to comply with payment by a due date or do anything special, everyone is eligible. To me, its part of the price, its transparent, and you get emailed. EK does something similar, its innovative. Genesis have their version so they are seen to be innovative also

 

You can rightfully argue its a discount, but it benefits the customer, it doesnt get used to benefit some while others miss out. If its not available on old grandfathered plans, so old plans are more expensive and the customer isn't right-planned, that is what the review is about


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  # 2341561 22-Oct-2019 07:55
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@tdgeek the Genesis shout is by invitation so I doubt they offer it to tardy accounts. Genesis is owned by the government, you can draw your own conclusions as to if the ministers has influenced.




Mike
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The views stated in my posts are my personal views and not that of any other organisation.

 

There is no planet B

 

 


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  # 2341562 22-Oct-2019 08:04
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MikeB4: @tdgeek the Genesis shout is by invitation so I doubt they offer it to tardy accounts. Genesis is owned by the government, you can draw your own conclusions as to if the ministers has influenced.

 

Its 49% owned by the public Id be surprised if the public ownership is compromised by dropping a transparent innovative bonus. But we can wait and see if my power provider that offers a daily free hour is forced to remove that benefit.

 

Do you feel that everyone's power will increase if that review goes ahead?


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  # 2341572 22-Oct-2019 08:43
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tdgeek:

 

MikeB4: @tdgeek the Genesis shout is by invitation so I doubt they offer it to tardy accounts. Genesis is owned by the government, you can draw your own conclusions as to if the ministers has influenced.

 

Its 49% owned by the public Id be surprised if the public ownership is compromised by dropping a transparent innovative bonus. But we can wait and see if my power provider that offers a daily free hour is forced to remove that benefit.

 

Do you feel that everyone's power will increase if that review goes ahead?

 

 

In the short term no. In the long term yes, the minister has clearly signaled what she wants the "review" to conclude, so why continue the charade. The government's intent will interfere with the natural process of competition and very much limit what the service providers can offer.





Mike
Retired IT Manager. 
The views stated in my posts are my personal views and not that of any other organisation.

 

There is no planet B

 

 


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  # 2341812 22-Oct-2019 13:54
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I created a topic Electricity Price Review 2018-2019 so this sort of speculation about political pressure can move out of the specific issue of the Genesis power shout.

 

 


 
 
 
 




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  # 2348510 5-Nov-2019 16:11
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Finally got offered one this month, 5 hours.

So they are still doing them.

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  # 2348532 5-Nov-2019 17:39
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rugrat: Finally got offered one this month, 5 hours.

So they are still doing them.

 

 

 

I would far rather cheaper prices, than these power shouts. That way everyone benefits, and people aren't being wasteful of power. It is  similar situation to these prompt payment discount things, where if they just had a single low everyday price, then everyone benefits. I get 7 free hours every week with electric kiwi, which is also good, and as it is just a free hour each day, you can schedule all the high drain things to go on during that time. 5 hours IMO is too long, as even a dishwasher  only run for up to about 3 hours in duration.


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  # 2348617 5-Nov-2019 20:18
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mattwnz:

 

rugrat: Finally got offered one this month, 5 hours.

So they are still doing them.

 

 

 

I would far rather cheaper prices, than these power shouts. That way everyone benefits, and people aren't being wasteful of power. It is  similar situation to these prompt payment discount things, where if they just had a single low everyday price, then everyone benefits. I get 7 free hours every week with electric kiwi, which is also good, and as it is just a free hour each day, you can schedule all the high drain things to go on during that time. 5 hours IMO is too long, as even a dishwasher  only run for up to about 3 hours in duration.

 

 

Exactly. What can you do in 5 hours free power?  Wash everything 5 times? Facetious yes, but it means that a benefit isn't as usable as it appears.




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  # 2348651 5-Nov-2019 21:10
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Need to look at whole package. Do you get 10% discount EK?

And yes I know have to compare prices first, before discount.
Plus at present my hot water only heats at night time so with Showers etc harder to control hour of hot water heating, but at least I know at night rate charges, which on other side of coin day rates are more expensive.

I don’t know how people do 37% plus power savings in an hour a day, my only power gobblers are cooking and heating, and washing. Heater when needed more then 1 hour.

Even with day time water heating how can you be sure ripple control is not preventing water heating in free hour.


I’ll wait for a real hot day and as well as cooking in that 5 hours use heat pump to cool house.
Usually use a ceiling fan to save money but the heat pump a lot better.

Yes with EK could super cool the house 1 hour every day (Summer) and do free cooking, washing. So I may look at it in future.

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  # 2348746 6-Nov-2019 07:34
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rugrat: Need to look at whole package. Do you get 10% discount EK?

And yes I know have to compare prices first, before discount.
Plus at present my hot water only heats at night time so with Showers etc harder to control hour of hot water heating, but at least I know at night rate charges, which on other side of coin day rates are more expensive.

I don’t know how people do 37% plus power savings in an hour a day, my only power gobblers are cooking and heating, and washing. Heater when needed more then 1 hour.

Even with day time water heating how can you be sure ripple control is not preventing water heating in free hour.


I’ll wait for a real hot day and as well as cooking in that 5 hours use heat pump to cool house.
Usually use a ceiling fan to save money but the heat pump a lot better.

Yes with EK could super cool the house 1 hour every day (Summer) and do free cooking, washing. So I may look at it in future.

 

EK doesn't have a "discount" but if you pay by CC on the pay ahead plan, $200, you will be credited with $220, so thats effectively a 9-09% discount

 

Think of that hour as 30 hours real time per month. If people get given a 5 hour day, how much of that is saved by using power you would not use anyway? We set dishwasher and washing machine. I have Solar HW with grid boost so the HW on both elements comes on then. If winter, instead of saving one hours heatpump power, I turn it up, then turn it/them off, so I save 2 to 3 hours

 

I miss night rates, but my day rate is lower. The 37% numbers are likely summer when the denominator is lower so savings look better, % wise. I think the rule is that if you do nothing to maximise the free hour, its still 12%


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  # 2348853 6-Nov-2019 09:37
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I got the latest power shout also.   Turned out to be convenient timing as I was having a gaming session with 6 people round.  So for the duration of that, with all the computers plugged in, stereo running, dinner being cooked (though I did BBQ a roast, the veges went in the oven for space reasons) and one of the group charging his Leaf, I think I did ok out of it.

 

Wasn't overly bothered if there hadn't been one as, like mentioned earlier, the savings are in the single digit dollars but it was handy timing for it.





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  # 2348871 6-Nov-2019 10:17
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I end up with 2 as dual power. Sunday took one as saw was going to be hot. 32 degrees, had 2 heat pumps on cool, did 4 loads washing plus a pyrolytic cycle (clean) on the oven. I can usually get about $6-8 out of it.  


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  # 2349137 6-Nov-2019 22:31
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We got our two five hour slots offered to us as well last week.

Maybe they send them to everyone at the same time?

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