Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.




2672 posts

Uber Geek

Trusted

# 170918 30-Mar-2015 21:28
Send private message

I wonder if it's still a good idea to sign up to another two year contract with my current electricity provider: Mercury Energy?

I mean, for those industry experts, do you think electricity rates will increase a lot for a justification to sign another two year contract? We've already signed a three year one. We are on their anytime: low user plan.




Create new topic
1245 posts

Uber Geek


  # 1273828 30-Mar-2015 22:25
Send private message

Crystal ball gazing here. Try and put things to perspective, especially those who get locked into 24 month contracts just to get the latest smartphone - most jobs and relationships don't last that long and some governments last a little over that period. Same applies to power companies. If you can stomach that thought and commitment, then go ahead

4025 posts

Uber Geek

Trusted

  # 1273843 30-Mar-2015 22:36
Send private message

We originally entered a contract when we joined up with them but its run out.

 

Now mercury salespeople come to our door asking if we want to sign up with their special offers. We explain we're already mercury customers, but look at their deal anyway, which is the same plan but somehow worse value than the one we currently have, by quite a large margin. I don't know why.
As is every other electricity provider who calls up or coming to the door.

Odd, but in our favour i suppose.

 
 
 
 


1990 posts

Uber Geek

Lifetime subscriber

  # 1273871 31-Mar-2015 01:41
Send private message

eXDee: We originally entered a contract when we joined up with them but its run out.

Now mercury salespeople come to our door asking if we want to sign up with their special offers. We explain we're already mercury customers, but look at their deal anyway, which is the same plan but somehow worse value than the one we currently have, by quite a large margin. I don't know why.
As is every other electricity provider who calls up or coming to the door.

Odd, but in our favour i suppose.


They usually send a letter saying "your special rates are due to end" and tell you the new rates. Did you get a letter at the end of the contract period? If not, then are you certain that the contract period has ended?

4025 posts

Uber Geek

Trusted

  # 1273983 31-Mar-2015 09:50
Send private message

It was a two year contract period, and our rates have definitely gone up since we joined years ago.

784 posts

Ultimate Geek
Inactive user


  # 1274289 31-Mar-2015 12:49
Send private message

Would have to be a very special deal for me to sign for 2 years.



2672 posts

Uber Geek

Trusted

  # 1274645 31-Mar-2015 17:22
Send private message

They said for the same rate:

Daily Charge Electricity: 33.33 cents per day
Variable Inclusive Electricity: 26.35 cents per kWh.

Is anybody getting better deals? If so, what provider? We may switch to them instead! 




2385 posts

Uber Geek

Trusted

  # 1274657 31-Mar-2015 17:41
Send private message

I was with Mercury and contract had ended... Another Provider came to be and I said yes to moving to them (as they where better than Mercury). Mercury then called me and offered me a much better deal and large credit on my bill so I took it.



 
 
 
 




2672 posts

Uber Geek

Trusted

2385 posts

Uber Geek

Trusted

  # 1274783 31-Mar-2015 20:27
Send private message

Genesis I think

The Prices quoted online are not usually the best ones a company can give you.
If a company wants you they will offer you a better price/deal than advertised.

606 posts

Ultimate Geek


  # 1274817 31-Mar-2015 21:51
Send private message

We are currently shopping around as well.
Currently with meridian who sent the letter stating our fixed term was up, but get this, they were going to automatically move us onto their new fixed term rates, and bind us in that contract for 2 1/2 years with penalty fees if we moved elsewhere. Needless to say i sent a response saying move us onto their variable rates whilst i looked for a new provider.
Apparently it is perfectly legal to automatically fix your customers into a contract without their express permission!
Way to go meridian!



2672 posts

Uber Geek

Trusted

  # 1274819 31-Mar-2015 21:55
Send private message

I guess I will not sign the contract (which is due by tomorrow). Really don't want to bind into another contract if I don't have to.




262 posts

Ultimate Geek


  # 1275026 1-Apr-2015 10:28
Send private message

I got a call last week from Mercury offering to a new 2-year contract with them as my current 3-year contract is expiring.
I was offered a lower daily rate of 33 cents from my current 110 cents with a small increase in the variable rate from 21 to 25 cents.
The rep was always emphasizing the immediate savings of $22/month from that and doesn't want to discuss the change in variable rate.

Putting it in excel shows that I would actually pay $15 more per month with their new offer.
I can imagine some people can easily fall for that without computing the total cost. I know my wife will.






2672 posts

Uber Geek

Trusted

  # 1275547 1-Apr-2015 17:25
Send private message

russelo: I got a call last week from Mercury offering to a new 2-year contract with them as my current 3-year contract is expiring.
I was offered a lower daily rate of 33 cents from my current 110 cents with a small increase in the variable rate from 21 to 25 cents.
The rep was always emphasizing the immediate savings of $22/month from that and doesn't want to discuss the change in variable rate.

Putting it in excel shows that I would actually pay $15 more per month with their new offer.
I can imagine some people can easily fall for that without computing the total cost. I know my wife will.





I expect you probably got the same one as me. Yeah, a rep from Mercury kept calling, but we kept holding them back. Glad I decided not to sign up to the contract!




Create new topic



Twitter and LinkedIn »



Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





News »

Major Japanese retailer partners with smart New Zealand technology IMAGR
Posted 14-Oct-2019 10:29


Ola pioneers one-time passcode feature to fight rideshare fraud
Posted 14-Oct-2019 10:24


Spark Sport new home of NZC matches from 2020
Posted 10-Oct-2019 09:59


Meet Nola, Noel Leeming's new digital employee
Posted 4-Oct-2019 08:07


Registrations for Sprout Accelerator open for 2020 season
Posted 4-Oct-2019 08:02


Teletrac Navman welcomes AI tech leader Jens Meggers as new President
Posted 4-Oct-2019 07:41


Vodafone makes voice of 4G (VoLTE) official
Posted 4-Oct-2019 07:36


2degrees Reaches Milestone of 100,000 Broadband Customers
Posted 1-Oct-2019 09:17


Nokia 1 Plus available in New Zealand from 2nd October
Posted 30-Sep-2019 17:46


Ola integrates Apple Pay as payment method in New Zealand
Posted 25-Sep-2019 09:51


Facebook Portal to land in New Zealand
Posted 19-Sep-2019 18:35


Amazon Studios announces New Zealand as location for its upcoming series based on The Lord of the Rings
Posted 18-Sep-2019 17:24


The Warehouse chooses Elasticsearch service
Posted 18-Sep-2019 13:55


Voyager upgrades core network to 100Gbit
Posted 18-Sep-2019 13:52


Streaming service Acorn TV launches in New Zealand with selection with British shows
Posted 18-Sep-2019 08:55



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.


Support Geekzone »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.