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1262 posts

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  #2486091 19-May-2020 09:39
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I think it depends on what sort of person you are as to how much EK will benefit you. If you are mindful about when you run things, you will save a bit. If you are fanatical, you could save a lot. 

 

I find that Winter is the best time of year for saving money with EK as heating will generally use a lot of power so running heating during the free hour will increase your free usage proportion. Over Summer, the savings were much less. As someone touched on, it could encourage people to be wasteful, "must use the power because it is free", so there could be some downside to it.

 

It is reasonably easy to remember to run the dishwasher / dryer etc during the free hour though. It also gives you the chance to get the house warm during that time. The % also depends on how much power you normally use throughout the day. I don't use much (low user), therefore, the hour of free power can use a higher proportion of the days power as the rest of the time the usage is low.

 

My overall average is 15.7%, and that's just from being quite mindful of when to run things to maximise the benefit. 

 

In my area, the stay ahead 200 plan seems to be the best overall deal. Even without the free hour, the unit / day charge was the best. 

 

 

 

Having said all that, there was a day where I went all out to see how much I could use vs other times (was heating / cooking / dryer - all useful, not wasteful). Here are the results below (47.8%).

 

 

 

Click to see full size

 

 

 

 

 

 

 

 




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  #2486097 19-May-2020 09:57
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I tried powerswitch.co.nz and did the questionnaire as well as provided my address etc to get approx cost/year. 

 

For some reason EK, Flick and Powershop they are all within $35 difference per year. If I switch to EK it will save $35 than my current provider. Not sure how they are calculating it - maybe they don't take the free hour into account?

 

 

 

EDIT: Powerswitch for some reason assumes I'm on 'free weekend plan' with Powershop which I'm not. They offered it to us but wasn't sure if it was better than the $150 as free weekend is just the 1st weekend of the month.


 
 
 
 


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  #2486098 19-May-2020 09:59
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Last time I compared I only needed 6% savings to make it better than all the other providers. My average is something like 13% but I also have since then changed to their stay ahead 200 plan - not sure it's still available but it effectively adds an extra 9% to the savings - no brainer IMO; though they also slightly increase my KWH charge in the interim so I might need to compare again sometime in the near future;  I would be surprised if any other supplier could beat the HOP plus stay head 200 savings for me...

 

 

 

EDIT: the problem with any comparison site is that all the providers have a different gimmick to give you savings, making it somewhat tricky to compare. 


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Ultimate Geek


  #2486119 19-May-2020 10:37
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My average hour of power saving is only at 10.6%

 

I personally haven't been trying to actively save during this time lately and its usually only that the heat pump gets cranked up a bit for an hour

 

My power bills are only $80ish


'That VDSL Cat'
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  #2486216 19-May-2020 11:33
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average at the moment is 7.5% that was 14-16% before lockdown, but with me working from home usage has gotten far more flat.





#include <std_disclaimer>

 

Any comments made are personal opinion and do not reflect directly on the position my current or past employers may have.

 


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Ultimate Geek


  #2486242 19-May-2020 12:02
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42.3% is my average and 56% is my top. I've become a little obsessed with beating the previous day's number.

 

Would thoroughly recommend Electric Kiwi. If you want a $50 account credit any existing customer can give you a referral (they get a credit too).





62 posts

Master Geek


  #2486256 19-May-2020 12:17
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hhan:

 

Average 34.7% Best 47.3%.

 

 

 

Usually around 30%, doing cooking and washing things during 4-5pm everyday.

 

 

 

 

This is what it looks like on a 47.3% day.

 

 

 

 

 

 

 


 
 
 
 


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Master Geek


  #2486285 19-May-2020 12:51
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Average over the last 2.5 years is 20.9%, goes up to about 25-30% during winter using more heating. It's hard to get better than that with a few servers/NAS/beer fridge(s) running 24/7, but I live by myself so it's pretty easy to optimise the free hour.

 

Usually have my free hour at 9 or 10pm, turn the hot water back on, run the washing machine/dishwasher etc and some extra heating in winter.

 

I turn off the hot water in the morning, and the free hour is usually enough to recover from the day's usage.

 

I'm on the stay ahead 200 plan which actually has a lower kWh rate than the regular plan that I was on.


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  #2486287 19-May-2020 12:54
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Interested in this thread.

 

I am currently with Mercury but looking into EK. EK website reckons I will save $108 on loyal kiwi. I've worked out my annual useage and plugged in the various numbers to compare against Mercury but loyal comes out more expensive. The mercury 12% prompt payment discount make them competitive. It appears Mercury is cheaper than EK for all bar the Stay ahead plan.  I have assumed the Elec authority levy is the same for all suppliers. Is the main saving generated by the free hour of power?

 

Couple of questions for EK customers

 

1. Did you go with Loyal kiwi or stay ahead. I work out stay ahead only works out better due to the $20 bonus for every $200 ( equals 10% credit). 

 

2. What times do you have your free power. My partner is home all day and i have 2 school kids at home. I dont get home till 6.30/7 each night so we dont usually eat till 7-8pm. Gas hotwater so no benefit there. was thinking 9-10 for winter when the heat pumps will be on and possibly the dishwasher. 

 

 

 

calcs below

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




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Ultimate Geek

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  #2486290 19-May-2020 12:56
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Great, so a common theme is most users average about 15-25% depending on how good you go in setting up the 1 hour. 




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Ultimate Geek

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  #2486292 19-May-2020 12:58
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mortonman:

 

Interested in this thread.

 

I am currently with Mercury but looking into EK. EK website reckons I will save $108 on loyal kiwi. I've worked out my annual useage and plugged in the various numbers to compare against Mercury but loyal comes out more expensive. The mercury 12% prompt payment discount make them competitive. It appears Mercury is cheaper than EK for all bar the Stay ahead plan.  I have assumed the Elec authority levy is the same for all suppliers. Is the main saving generated by the free hour of power?

 

Couple of questions for EK customers

 

1. Did you go with Loyal kiwi or stay ahead. I work out stay ahead only works out better due to the $20 bonus for every $200 ( equals 10% credit). 

 

2. What times do you have your free power. My partner is home all day and i have 2 school kids at home. I dont get home till 6.30/7 each night so we dont usually eat till 7-8pm. Gas hotwater so no benefit there. was thinking 9-10 for winter when the heat pumps will be on and possibly the dishwasher. 

 

 

 

 

From what I can see yes the bulk of savings will have to come from the free hour of power. Everything else including the "stay ahead 10%" discount is quite similar to other companies offering prompt payment discounts. 


149 posts

Master Geek

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  #2486322 19-May-2020 13:26
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antonknee:

 

42.3% is my average and 56% is my top. I've become a little obsessed with beating the previous day's number.

 

Would thoroughly recommend Electric Kiwi. If you want a $50 account credit any existing customer can give you a referral (they get a credit too).

 

 

 

 

Ill grab a refferal code from you. Makes the saving worth swapping over. 


15905 posts

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  #2486336 19-May-2020 13:50
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Anyone wants a referral link for $50 discount you can use mine if you want.


35 posts

Geek


  #2486354 19-May-2020 14:29
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Has anyone actually got a comparison of price per KW after all discounts/gimmicks etc taken into account for different providers?

Looking to potentially switch from Energy Online but I just can't be bothered with free hours, buying packs, or anything like that. As someone else said it's so hard to compare across providers.

16167 posts

Uber Geek


  #2486355 19-May-2020 14:30
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Wolf555: Has anyone actually got a comparison of price per KW after all discounts/gimmicks etc taken into account for different providers?

Looking to potentially switch from Energy Online but I just can't be bothered with free hours, buying packs, or anything like that. As someone else said it's so hard to compare across providers.

 

 

 

Doesn't the powerswitch website work this out on their site?


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