Archive for March 1st, 2009

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Great breakdown of Powershop’s electricity deal

March 1, 2009

Powershop are offering a new model for electricity supply that may or may not save you money.

Over at half-pie, Alan has worked through the details brilliantly.

Right now, Powershop has a Wellington-area standard price of 18.18 cents per unit for a household metered like mine. One’s first instinct might be to multiply this price – it’s all-inclusive of line charge and GST – by the last two years’ unit consumption to get a figure ($3,590) to compare to that $4,560 above. And thus decide that Powershop is going to save us 21% on our power bills.

Not so fast…

Read the whole thing.

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