New Zealand has one of the fasting switching times around the globe. This year alone, hundreds of thousands of Kiwi households have switched their power company. Have you been thinking about changing power companies yourself? If so, there’s no time like the present to start reaping the rewards of another energy company!

Reduce Your Energy Costs

By easily using Switchme’s free, online calculator, see how your household’s energy costs compare to similar households. Within seconds of entering certain data, find out if you’re overpaying on your electricity and gas bills. With an average of only four and half days to change over to the new company you choose, you’ll experience price savings almost right away!

More Ways to Pay

Be sure to check out what companies are offering regarding electricity plans and payment options. Even though a company may offer the cheapest rate, their billing arrangement may not work the best with your own household’s needs.

Many companies also offer new consumers freebies and account credits. If you’re currently on a fixed term contract involving a break fee, talk to the new, prospective company. To get your business, many may work with you to offer a deal you simply can’t refuse!

Start Saving More Money!

When managing a household, one of the best ways to save money is to look at reducing your current overhead costs. By switching power companies to a more affordable energy provider, you can start seeing the savings add up fast!

In 2015 alone, the Electricity Authority (EA) estimated that an average of $175 was saved when Kiwis switched to the cheapest power retailer available. Switch to a cheaper power company and put away extra money for Christmas gifts, buy new shoes for your kids or start saving for a family vacation. What you choose to spend that extra savings on is entirely up to you!

Plenty of Choices on the Market

Because more people are switching power companies these days, new companies are getting involved in the power industry. This, in turn, makes the price for electricity and gas more competitive for Kiwis.

Although the big five retailers are still the most dominant, there has been a surge of small, independent companies. In 2016, these small companies had a customer base of almost 80,000, which was 12% more than the previous year. With the popularity of these new retailers increasing, the major retailers cannot afford to be as complacent now as they were in the past.

Let Switchme Help You Find a Better Deal on Energy!

Whenever you’re ready to consider the options of switching to a new energy provider, Switchme is here to help you! Between our free, online comparison calculator and our phone line support, we provide an easy, stress-free way of finding the best energy deal on the market. Contact us today for more details!

Not happy with your current energy provider? Or, looking for a better deal on power? If so, it’s comforting to hear that New Zealand has one of the fastest switching times in the world! Partnering with Switchme ensures you can switch power companies as quickly, easily and pain-free as possible.

Switching Power Companies is Easy with Switchme!

Using Switchme’s free power comparison calculator to help you find the best energy deal will get you on your way to energy savings in no time. In just three steps, you can become the newest customer of another retailer!

Step #1: Enter Your Address and Usage Details

First, simply enter your usage and address details from your bill. Easily choose as many metres as needed and also the period length. If you’re moving to a new property or simply do not have an old bill handy, simply select “Estimate My Usage.” After indicating the number of people in your household, Switchme can figure the rest of the calculation out!

Step #2: Review Your Results

Right away, review the offers from various Retailers who can supply energy to your property. Take some time to review the various prices and details before choosing the best Retailer for your needs. Once you make your decision, click “SWITCH.”

Step #3: Complete Your Application

Complete your application by filling in your name, contact and property details before hitting “SUBMIT.” Your application will then be delivered to your new Retailer so that it can be switched immediately. To ensure the process runs smoothly, Switchme will monitor your request and be available for any follow-up questions.

Switchme: A Process You Can Trust

By helping over 60,000 kiwis to date, Switchme has a reputation that you can trust when it comes to switching power companies! We have years of experience dealing with New Zealand’s energy industry and offer rates and incentives you won’t find anywhere else. While providing free, independent advice, we pride ourselves on finding the best energy deals for kiwis!

Switchme Can Find You a Better Deal on Energy!

Whether you’re looking for a better price on energy for your home or business, Switchme is here to help! Between our free, online comparison calculator and our phone line support, we provide the easiest way to compare and switch companies. Let us help you find the best energy deal! Contact the experts at Switchme today.

According to data from the Electricity Authority, if every New Zealander switched power companies within the last year, a combined total of $307 million could of been saved.

In the year to December 2015, 12 of New Zealand's 16 regions had an increase in the number of electricity retail brands available for consumers to choose from.

Consumers switched among them in record numbers – almost 418,000 consumers changed their electricity supplier during the year.

The Electricity Authority said the average amount they could save was $175 a year.

Carl Hansen, Electricity Authority chief executive, said the market was becoming increasingly competitive, as consumers started to take more notice of what was available to them.

The report showed growth in small, independent brands. Together, these brands now have almost 80,000 customers, up 12 per cent compared to the year before.

"While many of these retailers remain small, they are adding competitive pressure from the margins, which means the larger players need to keep innovating in order to maintain their market share," Hansen said.

"As well as more choice in the number of retailers available, a big trend in 2015 was more innovative electricity plans and payment options on offer," he said.

The number of pre-pay electricity contracts has increased substantially. At the end of 2015 there 43,560 pre-pay accounts, compared with 30,804 pre-pay accounts at the end of 2014. There is also a trend for contracts that have different pricing at different times of the day—119,953 consumers are now on this type of contract."

The Authority's review lists a range of other new options that are now available to electricity consumers including one retailer offering a "free hour of power", one retailer bundling electricity with gas, telecommunications and pay TV, other retailers passing on spot electricity prices and a range of new consumer apps and web tools available to help customers manage their bills or monitor their usage online.

Some retailers are now offering electricity plans targeted to electric vehicles or solar schemes.

Hansen said consumers should regularly check they were getting the best deal they could.

Source: Stuff.co.nz

When it comes to consumers switching power companies, New Zealand has been ranked number two, according to a World Energy global study, with New Zealand ranking up from 5^th place in 2009 to 2^nd place in 2011.

The report shows a steady increase in New Zealanders looking for cheaper options and getting the best deal for their money by switching energy retailers.

New Zealand was noted to be a fastest rising in rankings, fast approaching the ranked number one, Victoria Australia. Thanks to comparisons services such as the Electricity Authority’s What’s My Number campaign and independently owned Switchme.co.nz, both offering free energy comparisons.

New Zealand’s switching rate has been heading upwards since 2008, from an annual rate of 10.5% in the year 2008 to a high 19.5% in the year 2011. The report shows that there has been an increase in retail competition, giving the consumer more of an incentive to switch power companies. Proving the free comparison services such as What’s My Number and Switchme are working.

Carl Hansen, The Electricity Authority Chief Executive says placing greater pressure on the electricity companies has made the energy industry much more competitive, which is increasing the number of consumers to switch to another energy company that can offer them a better deal.

“From our perspective switching rates are part of a more complex equation. What we may in fact find in the future is that lower switching rates may also indicate a highly competitive market as it may show that retailers are being driven to offer very similar prices, removing the incentive for consumers to switch.”

Over 350,000 New Zealanders choose to switch power companies in 2011 and collectively stood to save $8.7 m. In the first six months of 2012 almost 180,000 made the switch to a new retailer.

The What’s My Number and Switchme have also combined to launch a free comparison tool (RFP) for businesses. This is the first free business comparison tool to be launched in New Zealand and will revolutionise the small to medium businesses compare sign sign up to a cheaper power company. So far the Request for Pricing (RFP) tool has proven to be very popular and already has saved businesses across New Zealand thousands on their power bills.

For more information regarding saving money on your energy bills for your home or business, please call the Switchme team on 0800 179 482 or visit Switchme.co.nz.

Source: www.voxy.co.nz