Meridian Energy Power Offer May Be Misleading

Meridian Energy Power Offer May Be Misleading

Thursday 15 September 2011

A recent post on the financial website www.moneymarket.co.nz highlights the danger of accepting offers from power companies at face value.

The article reports how a Christchurch subscriber got a letter from Meridian telling him that he could save $15 a month by switching to their Low User Plan because he was using under 9000 units a year. However when he did the calculation on last month's bill he found it would have cost him another $21 a month! He warns people not to be trapped with an offer based on yearly consumption when the bill is calculated on a monthly basis.

The Post is also looking for feedback on people’s experiences with changing power company based on the whatsmynumber.org.nz website. Do the calculated savings stack up in reality?

ENDS

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