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$150 Free Power When You Switch to Powershop

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$150 Free Power When You Switch to Powershop
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hamza23 on 15/09/2015 - 14:13 powershop.co.nz (162 clicks)
Last edited 16/03/2023 - 12:03

Switch your main home to Powershop and we’ll give you $150 free power, spread over your first three months.

We also guarantee to save you at least $150 over the year compared to your old power company (savings include the $150 free power you’ll get over your first three months).

No contracts so you can leave at anytime. Looks like a decent deal and appears available in all areas. Powershop also has a mobile app to track your usage. As always compare the rates with your current and other offers and keep in mind their savings guarantee.

No expiry listed in terms.

Referral Links

Referral: random (20)

Referrer receives $100 credit. Referee receives $150 credit.

Home & Garden Electricity

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closed Comments

  • neil on 15/09/2015 - 14:59

    I'm not too sure about this one.

    I had a look at other retailers using Consumer Powerswitch and Powershop came up with an estimated $1,621/year (inc $150 signup) compared to the best rate of $1,490/yr with Flick Electric Co. Those results are for Auckland.

    • Kiwi on 15/09/2015 - 16:26

      One thing to note with Flick is that you are basically "buying" your electricity at spot prices, so it's similar to buying shares, if you can work it to buy/use it when it's low, then you will win, if not, you won't be much, if any, better off.

      That's how I understand it anyway, someone please correct me if I'm wrong.

      • neil on 15/09/2015 - 16:34

        Don't know about Flick but I'm on Powershop and you essentially pre-purchase units which fluctuate depending on the time of the year. They also have packs which you can bulk buy to save the price rises. Sounds like a similar system.

        • Kiwi on 15/09/2015 - 16:36

          Na, as I understand it, Flick is even more micromanaged than that, you pretty much pay live market rates as you use the power, and pay them a monthly fee for providing it, rather than a flat or pre arranged rate, it all depends on the time, conditions, etc.

    • shami on 15/09/2015 - 17:03

      I switched to Flick from Powershop 2 months ago.
      Comparing the rates, I was paying around 30cents/unit with Powershop and with Flick 22-24 cents/unit. These rates are during last few months, when Powershop price is little higher in winter. I also read that Flick price is less in winter than summer (which is the other way around Powershop).

      With Powershop I can pay using credit card and their mobile app is also cool. Flick charges extra for paying with credit card.

  • relishpuke on 16/09/2015 - 20:24

    I've been with Flick about 5 months. I get about the same average as Shami 20c vs 30+ with Powershop. There are times I'm paying more in the moment, but most of the day I'm paying much less using the spot prices. They were running a $75 credit a couple months back for new signups, which made it even sweeter. I wonder if you could keep changing back and forth every few months to whichever no contract supplier is having the best promotion? I would be a hassle but might be worth it. Changing is relatively easy and it's not like ISPs where you can be out for a few days without service during a switch.

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