Best power company with no contract

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timmmay

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#1574587 15-Jun-2016 18:04

u13turbo: I'd 18-25c a unit including line fees and gst?

That sentence makes no sense, could you clarify? Price depends on where you are in the country, time of day, demand. You can pay as little as 4c/kwh up to 30c/kwh under normal conditions.

Shoes2468

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#1576380 18-Jun-2016 22:18

timmmay:
u13turbo: I'd anyone else with powershop around canterbury? I just can't understand why I'm paying $.30/kWh when some of you are paying half that.

I'm not that keen on swapping again unless it's definitely worth it

Flick Canterbury charges (11.3c/kwh peak, 2.7c/kwh off peak), plus the national floating rate. That means right now you'd be paying around 16c/kwh plus GST, peak time you might pay 20c/kwh plus GST, and for off peak stuff like dishwasher, clothes drier, and water heating you could be paying 7c/kwh.

The Canterbury line rates are a bit higher than Wellington.

This is an overly simplistic view, in canterbury in the winter it is important to note that there is a peak rate 19.335c/kw (normal user) +spot price excluding gst. Times are mon-friday 7am-10am 5pm-7pm. So it is important to avoid these time in winter for non essentials.

timmmay

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#1576466 19-Jun-2016 09:06

Shoes2468:

This is an overly simplistic view, in canterbury in the winter it is important to note that there is a peak rate 19.335c/kw (normal user) +spot price excluding gst. Times are mon-friday 7am-10am 5pm-7pm. So it is important to avoid these time in winter for non essentials.

Oh wow, they have a winter peak rate, I didn't even see that, that's crazy! This is when time shifting hot water and non-essential things would be good. Start heating on a timer earlier so they house is warm, as warming up the house takes more power than maintaining temperature.

What are prices from regular retailers like down there?

Shoes2468

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#1576772 19-Jun-2016 21:20

timmmay:
Shoes2468:

This is an overly simplistic view, in canterbury in the winter it is important to note that there is a peak rate 19.335c/kw (normal user) +spot price excluding gst. Times are mon-friday 7am-10am 5pm-7pm. So it is important to avoid these time in winter for non essentials.

Oh wow, they have a winter peak rate, I didn't even see that, that's crazy! This is when time shifting hot water and non-essential things would be good. Start heating on a timer earlier so they house is warm, as warming up the house takes more power than maintaining temperature.

What are prices from regular retailers like down there?

Pretty dud. Currently with meridian anytime 27.76c, 14.74c night only meter. Inc gst

u13turbo

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#1576773 19-Jun-2016 21:26

I thought powershop was suppose to be a cheaper option? Seems to be false as I'm paying $0.297 per kwh

michael001

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#1576832 20-Jun-2016 05:50

I'd posted this is the power thread in off topic a while back - seems relevant here. Free Hour of Power is now saving me 30% of my power bill each month and I am using a lot more heating.

I have a group of family and friends who I recently followed over to Electric Kiwi (about 7 households in total). Electric Kiwi have a free hour of power each and every day. In our house we have our showers just prior to the free hour of power, we turn on the dishwasher and washing machine. More so, we run our heaters in the morning to warm the house up, and its all free. So far we've saved 29% of our power bill for a month.The only issue we had was finding the first person in the chain to start referring people to make sure everyone got $50 credit. Just in case you want to set something up with your friends and family, here is mine, start your chain with $50 Electric Kiwi - Michael's referral link

Anyway, in a few months time we'll all be swapping back to Powershop no doubt to take advantage of of delay in charges and the refer-a-friend bonuses which are much higher. With the savings, the referral bonuses and the delays in being charged during a changeover, I think we might end up with a couple of months free power per year - not too shabby.

timmmay

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#1576846 20-Jun-2016 07:23

Shoes2468:

Pretty dud. Currently with meridian anytime 27.76c, 14.74c night only meter. Inc gst

I agree, it makes it less attractive for most people. If it's 20c/kwh line charge, plus peak power is between 5c and 15c/kwh, that could be 28c normally to 40c in the evening. This is balanced out somewhat by the very low night rates, so water heating, dish washer, clothes drying could be done for 7c/kwh or so depending on market rates.

I wonder if the line company capacity is low, that's why they have to charge so much in peak periods. Maybe it's just because it's colder down there any people use more power.

sbiddle

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#1576851 20-Jun-2016 07:38

u13turbo: I thought powershop was suppose to be a cheaper option? Seems to be false as I'm paying $0.297 per kwh

Doesn't Powershop build all line costs into it's charges though? Some of these other companies don't, which makes it hard to directly compare pricing.

timmmay

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#1576853 20-Jun-2016 07:46

Also that winter peak pricing is for around 4h per day, it's lower the rest of the day and very low off peak.

u13turbo

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#1576872 20-Jun-2016 08:47

Yes the line charges are built in. That's what's been confusing me, so I'm not really over paying.

nova

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#1578703 22-Jun-2016 22:46

Your prices with Powershop seem high to me. Do you have a day/night meter?

I'm in Christchurch, with Flick, and I'm using about 350 kWh a week at the moment, paying around 16 cents per kWh, all up including lines charges and GST. About half my usage is at night rates (my hot water heats only at night). Last week was cheaper still, 370 kWh for $52.

Powershop do give you a 5c/kWh rebate for weekend daytime usage (in Christchurch, due to the Orion pricing model). So your pricing might work out a little cheaper, but is still high. Powershop tend to be more expensive during winter. The thing I didn't like about powershop is the personalised pricing, where each user gets a different rate based on their usage profile. I prefer the model which breaks out the components, which allows you to get immediate payback by shifting your power use to night rates.

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