Record Number of Power Company Switches in 2017
Are you one of the record number of New Zealanders who made the switch to another electricity company during 2017?
If not, what are you waiting for?!
Almost 441,000 Kiwis Switched Companies in 2017
It’s no surprise that 2017 now holds the record for the number of Kiwis who switched power companies. With more and more New Zealanders realizing the options when it comes to energy companies and more energy companies entering the market, more switches are being made.
In fact, almost 441,000 households switched to another power company last year as opposed to almost 418,000 households in 2015.
Compared to 22 years ago, there are currently 48 retail brands in the energy market, making shopping around a smart consumer decision.
Whether you want to get a better deal or take advantage of an innovative business model, switching is worth looking into!
Save Money – and Headaches
No longer are Kiwis resigned to stick with a power company if they’re unhappy with their service. Due to the high competition in the retail electricity market, there are many other companies that could be used to provide New Zealanders with the same service.
Not only does New Zealand’s competitive electricity market make it easy to switch when you’re unhappy with your provider, but it also provides a great way to save money. Certain companies not only offer better prices, but there may be credits and freebies that you’re eligible for from the new company.
Plus, electricity products can now be purchased in ways unavailable in the past – saving headaches with billing.
Competition Keeps the Market Stable
Because of the competitive pressure in the electricity market, prices have remained stable in both the retail and wholesale components.
Plus, the increased competition gives retailers of all sizes a chance to secure new customers. New companies in the electricity market are creating innovative offers to attract new consumers and grow their customer base by up to 20 percent.
And it looks like it’s working: more than 10 percent of the retail market is now comprised of these small and medium-size retailers!
Switchme Makes Switching Power Companies Easy!
With Switchme, New Zealand’s biggest, non-government funded switching site, it’s easy to see if you can get a better energy deal!
With our free online comparison calculator, find out right away (in only two steps!) if you could be saving money by switching. If so, we make the process easy and are here to help you along the way!
Why wait? Check out https://switchme.co.nz/ today to find out how much money you could be saving by switching your electricity provider!