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


$10 million in savings on offer for Mercury Energy customers

$10 million in savings on offer for Mercury Energy customers

Mercury Energy today announced an extra 2% Prompt Payment Discount (PPD) for its residential customers receiving their bills by email and paying by direct debit.

General Manager, James Munro, said the extra discount (on top of Mercury’s standard 10% PPD) – on bills from 1 May 2014 – would apply to all residential customers who receive bills by email and pay by direct debit, including those on fixed-price contracts.

“150,000 homes, which is over half of our residential customers, will either automatically get this discount or only need to make one small change to get it as they’re either already receiving their power bills by email, or paying by direct debit. If all our residential customers take up the offer they’ll save over $10 million in total every year.”

“It’s really fast and simple to change to email billing or direct debit payment on our website ( We’ll also be communicating with customers in the coming days to make sure they know about the new discount and how to get it. It’s a simple way to reward customers by passing on our reduced costs that come from them choosing lower-cost billing and payment options.”

“Last December we announced we would not increase our energy prices until April 2015 at the earliest. Now we are going further and passing on cost savings to customers in the form of a bigger discount. On top of that we recently announced results from our free online Good Energy Monitor service, showing how active users of GEM are lowering their power bills1.”

“With this new discount and with GEM, a large number of Mercury customers will see their bills going down. The payback for us is that customers value these services and are more likely to stay with Mercury, which is important in this intensely competitive market.”

[1] Customers who most actively use GEM save 3.4% more power than customers who don’t use GEM.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Trade: NZ Trade Deficit Widens To A Record In September

Oct. 27 (BusinessDesk) - New Zealand's monthly trade deficit widened to a record in September as meat exports dropped to their lowest level in more than three years. More>>


Animal Welfare: Cruel Practices Condemned By DairyNZ Chief

DairyNZ chief executive Tim Mackle says cruel and illegal practices are not in any way condoned or accepted by the industry as part of dairy farming.

Tim says the video released today by Farmwatch shows some footage of transport companies and their workers, as well as some unacceptable behaviour by farmers of dragging calves. More>>


Postnatal Depression: 'The Thief That Steals Motherhood' - Alison McCulloch

Post-natal depression is a sly and cruel illness, described by one expert as ‘the thief that steals motherhood’, it creeps up on its victims, hiding behind the stress and exhaustion of being a new parent, catching many women unaware and unprepared. More>>


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


International Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news