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New Zealand’s residential customers are paying more than their fair share for power. According to Consumer.org, power prices for residential customers have climbed since the early 1980s but have fallen or remained steady for commercial and industrial accounts. Even so, if you’re a residential customer, you can get lower rates without having your family pose as a factory. Shop around! The Consumer PowerSwitch website supplies city-specific price comparisons and makes it easy to change providers.
Power Companies Choose Different Rate Increases
The increases in residential rates are industry-wide. Ironically, they reflect the government’s attempt to lower energy prices through privatization. Energy companies insist that it’s their administrative costs, not corporate greed, that has caused increases in electricity and gas prices.
Whatever the reasoning behind the rate increases, the changes haven’t been uniform – and that’s what makes shopping around pay off. For example, the PowerSwitch website makes it clear that in central Auckland, Trustpower’s prices have had the fastest rate of increase while Mercury Energy’s prices have risen more slowly.
Compare Power Prices and Switch Today
Visit the PowerSwitch website to get a quick and accurate electricity price comparison for the Auckland, Christchurch, Dunedin or Wellington area. You’ll need to have a recent power bill handy. After you enter your location and previous energy use, PowerSwitch will list the best company and plan for your needs. Switching is surprisingly easy: Simply call the number provided by PowerSwitch. Your new energy provider will take care of transferring your account.