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

 


Record number of power switches in 2013

Electricity Authority reports a record number of power switches in 2013

The number of Kiwis shopping around for a better power deal continues to rise, with an 11 per cent increase in recorded switches in 2013, compared with 2012.

There were a total of 396,376 completed switches in 2013, compared with 356,881 in 2012.

“It is great to see so many Kiwis exercising their choice to switch electricity suppliers and realising the cost savings and other benefits they can get from shopping around,” Electricity Authority Chief Executive Carl Hansen says.

“We’d encourage everyone to use the What’s My Number online tool to check what deals are available. Even if you have already switched, it’s important to keep checking your options regularly.”

What’s My Number spokesperson, Judy Bailey, says finding out if you’re getting the best deal for your power is quick and easy.

“The What’s My Number online tool is simple to use, it only takes a couple of minutes – if you can potentially save money, why not check?” she says. “As winter begins to bite, now is a really good time to look at your provider. We all have different needs – depending on our lifestyle and where we live. What’s My Number gives us an easy way to find out whether we’re getting the best possible deal.”

The average annual household saving in 2013 was $155, but checking your power deal doesn’t always have to be about how much money you could save.

“It’s also about looking into different providers which might offer different deals or incentives. Some might be a better fit for you, because they offer reward points, while others may check your meter online instead of coming to your house. It’s all about finding the best fit for you.”

Carl Hansen adds, “Shopping around for a better power deal is all part of maintaining a competitive market. Retailers are offering different deals to attract different customers, making checking very worthwhile for all households.

“Checking also doesn’t have to mean switching – we are seeing more retailers offering discounts as an incentive to stay with an existing supplier. The key is having informed customers with the ability to choose a deal that best suits their needs.
“We’ve heard reports that residential consumers are being offered between $80 and $300 per year in discounts, which effectively gives them a price reduction ranging from 3.7% to 13.8% for an average customer.”

What’s My Number is run by the Electricity Authority in partnership with Consumer NZ, putting choice in consumers’ hands by helping them to shop around. To find out if you’re getting the best deal for your power, visit www.whatsmynumber.org.nz and don’t forget to check!

---ENDS---

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

ETS Review: Modelling Documents Released

Three technical documents are being released to help New Zealanders engage with the Emissions Trading Scheme (ETS) review, Climate Change Minister Paula Bennett says. More>>

ALSO:

Northland: Govt Plan Targets Transport, Web, Maori Assets

The government has released a 10-year plan to attract investors and lift economic growth in Northland, a region that perennially underperforms the rest of the country even while being endowed with natural beauty, productive land, minerals, a potential workforce, scope for manufacturing, forestry and aquaculture, and proximity to Auckland. More>>

ALSO:

Statistics: Unemployment Rate Falls To 5.3 Percent

The unemployment rate fell to 5.3 percent in the December 2015 quarter (from 6.0 percent), Statistics New Zealand said today. This is the lowest unemployment rate since March 2009. There were 16,000 fewer people unemployed than in the September ... More>>

ALSO:

Employment: Labour Urges Talley’s To End AFFCO Lockout

Labour has urged Talley’s to resolve the ongoing industrial dispute with AFFCO workers which is having a severe effect on the employees, their families and their communities, Labour’s Workplace Relations spokesperson Iain Lees-Galloway says. More>>

ALSO:

Three Kings: Govt To Oppose Appeal Blocking $1.2B Auckland Housing Plan

Environment Minister Nick Smith and Housing New Zealand have joined legal proceedings in support of Auckland Council and Fletcher Building opposing a bid by community groups to only allow low-rise housing in a $1.2 billion housing redevelopment on the disused site of the Three Kings quarry. More>>

ALSO:

Transport: Jetstar Expands Regional Network With Three New Routes

More New Zealanders than ever before will have access to Jetstar’s affordable flights when new services take off today from Auckland to New Plymouth and Palmerston North, and Nelson to Wellington. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news