This winter there has been a bit of hullabaloo about high ‘spot’ power prices resulting from low hydro lake levels in the South Island. This caused some bill shock for customers of power companies with prices that follow the wholesale electricity market.
While at Powershop our prices do rise slightly through autumn and winter, then ease back down through spring and summer, these changes follow a set pattern. You’re not exposed to the volatility of wholesale pricing.
What’s more, at Powershop you are always just a couple of taps or a clicks away from seeing what your actual electricity rates are, not just this month but also into the future. So there are no nasty surprises.
You can get to ‘Your Rates’ from the app menu or the Usage tab on your desktop account. There’s also a link to your Standard Rates table from the product detail page of each Powerpack. Of course with Powershop you end up paying less than your standard rates through buying our special discounted Powerpacks. You can see the impact of buying specials on your pricing under the ‘Special Rates’ tab.
This shows what you would effectively pay if you buy the monthly Simple Saver and other specials throughout the year. Change back to ‘Standard Rates’ to compare with your undiscounted rate.
You can save even more than our special rates through buying Future Packs (these now pack a discount of up to 10% if you buy them six months ahead) and our fixed value Powerpacks such as the Nifty Fifty and Snack Attack.
If you’re not yet a Powershop customer, when you use our ‘Find your Price’ calculator, we give you a quick estimate of the average rate you’ll pay over the year (based on buying the monthly Simple Saver and other special packs). You can also scroll down to see detail of what you would pay each month across the year.
You can find all you need to know about our prices, and pretty much everything else about using Powershop, on our Help Site.