Look at how wonderful this electricity company is

[Brian d marge]

http://www.stuff.co.nz/business/industries/7858001/Power-retailer-NZs-fastest-growing-firm

I cant for the life of me see how this lowers electricity prices , from which IMHO should at the very least be an SOE

and why would I not be surprised to see more of these feel good article coming out now the dicks are railroading assets sales through
Just a though that’s all

Stephen

[davereid]

http://www.stuff.co.nz/business/industries/7858001/Power-retailer-NZs-fastest-growing-firm

I cant for the life of me see how this lowers electricity prices , from which IMHO should at the very least be an SOE

and why would I not be surprised to see more of these feel good article coming out now the dicks are railroading assets sales through
Just a though that’s all

Stephen

Yes, yet another company lauded by Deloittes, politicians and its shareholders. Yet it hasnt actually created anything. It hasnt made a powerline or a power station, dug up any coal or planted any veges.

All its done is piggy back on its parent companys metering technology to allow a wide range of instant tarrfifs to be used, ensuring no one actually knows what they pay for electricity.

30 years of electricity reforms have taken NZ from a country where power was so cheap we only needed to read the meter once every two months, to a place where we need to read it every two minutes.

But apparently we have "... flat demand for electricity, a surplus of generation "...http://www.stuff.co.nz/business/industries/7858840/Deal-to-preserve-smelter-on-cards

hmm who is bulshitting me now ?

[Hitcher]

To have grown its customer base by as much as it has, this company has at least to be doing something better than its competitors?

[Tigadee]

I switched recently from Contact Energy to Mercury because they promised lower bills and that I'd be supporting a NZ company (Contact being Aussie). So far, I see little difference in my power bill for the same period last year with Contact...

And if history repeats itself (been a Merc customer long ago), once summer comes round, Mercury will charge me more by bumping me up to the 'High User' rate. Dunno if it was worth switching...:(

[steve_t]

I switched recently from Contact Energy to Mercury because they promised lower bills and that I'd be supporting a NZ company (Contact being Aussie). So far, I see little difference in my power bill for the same period last year with Contact...

And if history repeats itself (been a Merc customer long ago), once summer comes round, Mercury will charge me more by bumping me up to the 'High User' rate. Dunno if it was worth switching...:(

I thought Mercury had a deal where you switch over and they promise not to raise their unit prices for 3 years

[Jantar]

...I cant for the life of me see how this lowers electricity prices , from which IMHO should at the very least be an SOE...

Pulse was origionaly a service company contracting to a couple of the larger power retailers. It only started as a power retailer in its own right just over 3 years ago, so its no wonder that the percentage increase in customersis so large. It still only has 34,000 customers in total which is about the same as most other retailers have in a single city.

However they are an attractive alternative to the big 5.

It is in no way intended to lower electricity prices overall. The electrcity market idea was to raise electricity prices through duplication of services and management, splitting of a efficient essential services and making the overall cost of supply skyrocket. Thank you Max Bradford.

[Brian d marge]

but but competition lowers prices , I was promised

Stephen

[Tigadee]

I thought Mercury had a deal where you switch over and they promise not to raise their unit prices for 3 years

Just one year... That'll be worse then because it'll happen in the middle of winter.:crazy:

[SPman]

Fuck it - we're planning to just go off-grid - power rates over the ditch have increased by up to 75% over the last 5 yrs!