Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Combined Rural Traders renews power deal

Combined Rural Traders renews power deal with Meridian Energy

Deal with power retailer Meridian Energy for the provision of a power offer to its 9000 farmer-shareholders.

Meridian Energy is offering CRT’s farmer-shareholders a discounted rate for electricity, in conjunction with an account management service.

The electricity will also be charged directly to farmer-shareholder CRT accounts (rather than a separate invoice), with each $40 of spend earning a point under CRT’s Choices rewards programme.

Existing and new CRT farmer-shareholders do not have to pay entry fees or commit to a fixed-term contract to take advantage of the special deal.

The ongoing relationship with CRT is part of Meridian Energy’s developing commitment to the energy needs of farmers, says Nigel Broomhall, Meridian Energy’s Business and Rural Segment Manager.

“Meridian Energy is looking at ways that farmers can benefit from new technologies for metering, energy efficiency, on-farm energy production, as well as new billing regimes which better fit farmers’ seasonal cash-flow profiles,” he says.

Dunedin-based CRT was established 40 years ago as a co-operative society, fully owned by its farmer-shareholders, with the aim of reducing farm input costs.

Turnover is now more than $173 million a year, with 15 CRT FarmCentres at strategic locations around the South Island.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news