Hey Canterbury Flicksters, the cooler months are on their way, and in your neck of the woods that means your prices will change a bit. In true Flick style, we want to keep things as clear and simple as possible – so here’s the info on what’s going down.
Every year from 1 May to 31 August your lines company, the Orion Network, increases its charges through the peak demand times of 7am – 10am, and 5pm – 7pm, on weekdays (off-peak times still run from 9pm through til 7am, and outside of the Winter Pricing times and off-peak times, standard variable charges apply). They do this to encourage households to change the times they use electricity, and subsequently reduce peak demand on local lines during the cold winter months. If you notice an increase in your weekly bills, it’s likely this is the reason why.
So, how can you keep your bills low? Keep an eye on your clock! Make sure you’re using things like your washing machine, dryer and dishwasher during off-peak hours when prices are much lower (and if you’re not home during those times, invest in a timer – it’s worth it!). As an added bonus, winter power prices tend to be much lower than they are during the warmer months, which means using electricity in off-peak times can really pay off in winter – check out our blog on winter power prices for more. Load-shifting your electricity usage is not only kinder on your wallet, it’s also kinder on our infrastructure too. Win-win!
As a #CleverFlicker, we know you’re in it for long-term gain. Each passing year will encounter its fair share of fluctuations, but overall the benefits of being a Flickster are huge – and we’ve got the data to prove it! In the year ending April 2018 (which, it’s worth noting, includes winter 2017), our Christchurch customers saved an average $204. Wahoo!
At the moment, price forecasts for the months ahead are looking sweet as, too. Hydro storage is sitting at a whopping 119% of average (at 29 April, 2018), which is one of the highest percentages we’ve seen in the last 20 years! The spot price forecast for the next three months (late April – July 2018) is also looking pretty positive, sitting at a tidy 7.3 cents per kWh (as at 21 April 2018). These spot price forecasts are based on historical data, and, as with any forecast, there’s always a chance that things can change – but for those of you who appreciate being in the know, you can keep an eye on spot price forecasts here.
Remember, folks – a little uncertainty every now and then is a small price to pay for some long-term savings. And that’s just what you can get when you’re with Flick Electric Co. and NZ’s Fairest Power Deal.