21-08-2024, 02:12 PM
Yes its a bit of a concern, for now Im not paying much for power at all, but it has gone up the best part of 50 dollars a month in the last 12 months or so, quite often in the summer months my bill was typically under $100.
Customer loyalty has been a big driving force with electricity retailers for some time, Trustpower(now mercury) was among the worst.
They would lock you into fixed term contracts, tempt you with their free home appliances which were low value to begin with and make it look like you have a good deal. Even with the rebate cheque they would give you in the post, was not enough to make up with the savings to be had elsewhere.
Im with powershop and cant really complain, they have been good to deal with and give good discounts, yes they give you a loyalty bonus too, but there are no contracts.
Powerswitch seems to suggest their rates are the lowest as far as my area and usage goes anyway so I may as well stick with them.
My main concerns are how much power is likely to increase going forward and is ever more tempting to install solar. But be warned, these installers are ripping everyone off on solar systems too.
Im a good DIY'er with electronics experience so am saving up to go off grid, I dont need much of a system to make up for my low use either.
We are being ripped off with the prices of solar gear too, ive got a friend who has wholesale access to top brand solar panels and can get 430W panels for only around $150 each.
Driving EV's will be less popular if electricity prices to charge them soar, having a solar system will make it a more attractive option for sure.
Battery technology is not only advancing rapidly but prices are falling fast too, today is not a better time to go solar.
Customer loyalty has been a big driving force with electricity retailers for some time, Trustpower(now mercury) was among the worst.
They would lock you into fixed term contracts, tempt you with their free home appliances which were low value to begin with and make it look like you have a good deal. Even with the rebate cheque they would give you in the post, was not enough to make up with the savings to be had elsewhere.
Im with powershop and cant really complain, they have been good to deal with and give good discounts, yes they give you a loyalty bonus too, but there are no contracts.
Powerswitch seems to suggest their rates are the lowest as far as my area and usage goes anyway so I may as well stick with them.
My main concerns are how much power is likely to increase going forward and is ever more tempting to install solar. But be warned, these installers are ripping everyone off on solar systems too.
Im a good DIY'er with electronics experience so am saving up to go off grid, I dont need much of a system to make up for my low use either.
We are being ripped off with the prices of solar gear too, ive got a friend who has wholesale access to top brand solar panels and can get 430W panels for only around $150 each.
Driving EV's will be less popular if electricity prices to charge them soar, having a solar system will make it a more attractive option for sure.
Battery technology is not only advancing rapidly but prices are falling fast too, today is not a better time to go solar.