Specifically, cold winter mornings, when we get up, boil the jug and crank the heating. This will typically result in lower wholesale power pricing overnight, compared to during the day.There are 29 different electricity lines companies in New Zealand and unfortunately, they can all set their pricing structures differently.Luckily most of them agree on how to define Day Rate and Night rate power.Using our real-world Total NZ Demand chart from above, this is what Day vs Night rates look like:One of the most progressive distribution networks in the country for cost-reflective pricing is Electra who provides power to the Kapiti Coast and Horowhenua regions. Flick stores each of the 48 readings in their database and then calculate your peak and offpeak usage. This is also a super-important question, especially if you have an electric vehicle or energy-thirsty appliances. NathanHi, we are in the king country lines company, they have changed from a winter peak use model (which did not include hot water since it was controlled during peak measuring) to a peak , shoulder , off peak model which is applied all year around. I am reluctant to time control the fridge and freezer incase temperature rise , what are your thoughts on this ? As there would be little tolerance for the network failing on a cold winter morning.This means at times outside of the winter mornings, the network as a whole is operating The Electricity Authority is advocating for distribution companies to move further towards ‘cost-reflective’ and ‘service-based’ pricing models. If it’s only a tariff change, then this may be able to be done remotely.Even with the most efficient business processes, you are one of around 2.1 million power consumers in NZ. That is, to better reflect in their prices the cost of doing business.towards ‘price reflective’ pricing models.A growing trend is for distribution companies to increase rates at peak load periods, and decrease rates by For a small country, New Zealand has a large variety of power generators. It’s … Power pricing is well stitched up and the power distributors (like the gas stations) are in it together to keep prices up.Hi Jeremy/Christine. The Electra Day and Night charges look like this at the time of writing (excl. The meter change (it may not be a change, but an update/reconfiguration of the same meter – depends on the meter) is to compensate for the system restrictions.Here’s an example: Let’s saw you have a modern, cost effective smart meter with a single ‘register’ (or memory slot) in which to save your power comsumption. If everyone makes changes to cut their bills I am sure a new tariff system will be implement , being the cynic I am. I will edit text above reflecting that another options is to speak direct with the power distribution company.
So my question then is why can’t other retailers offer the same service as Flick? This is a common tactic to encourage people to go controlled. Rinse and repeat.This is also a super-important question, especially if you have an electric vehicle or energy-thirsty appliances. When do you use lighting, heating, cooking, cooling?As a residential consumer, with no-one at home during the day, then you are probably going to be like most kiwis and use the majority of your power during the morning and evening peaks.If you are a business, opening up at 8 am and closing at 5 pm, then you will be using the majority of your power off-peak.A friend of That Power Guy run’s a bakery and the ovens go on at 3 am. Or is, because our home is in the Counties Power “area”, are we stuck with whatever they say?Interesting question Jeremy! Are there any cheaper options to get my meter changed if I wanted to so that I could use the Meridian/Genesis offer? This is are businesses built around this model with large grid-connected batteries – charge at low rates / ‘generate’ onto the grid at peak rates. If I was operating a business on the Kapiti Coast using a lot of power for say five hours of the workday – instead of turning on my equipment at 8 am, I could defer this until the 11 am to 5 pm ‘off-peak’ period., This would allow me to access significantly cheaper power, and assist Electa in managing their network load.An example of a lines company who have recently implemented cost-reflective pricing is Waipa Networks, who cover Te Awamutu, Cambridge and surrounding areas.The use a Peak / Offpeak / Shoulder arrangement which looks like this:Very similar to the Electra example, but with slightly different periods for Peak and Off-peak to reflect their individual network constraints.Hopefully, now you understand a bit more about Day / Night and Peak / Offpeak / Night rates.
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