Flick Electric CompanyThe Blog

What impact will the Winter Energy Payment have on #FlickLife

With temperatures cooling down across the country (brrrr!), it’s great to hear the news that the Government has announced the details of their Winter Energy Payment.

The proposal was first announced back in October last year, and it’s been something we’ve supported right from the get-go. Why? Because, here at Flick, we believe that the message of ‘use less power’ to those of us struggling with the cost of energy is the wrong one. We’re proud to offer a new model of buying electricity – at a fair and transparent price – that means our customers can afford to use the energy they need to live well.

Let’s take a look at what the Winter Energy Payment will mean for Flicksters.

First up, am I able to receive the payment?

You’re eligible if you’re on one of the following schemes: New Zealand Superannuation, Veteran’s Pension, Jobseeker Support, Jobseeker Support Student Hardship, Sole Parent Support, Supported Living Payment, Youth Payment, Young Parent Payment or the Emergency Benefit.

You don’t need to do anything to get the payment if you’re eligible for it – it’ll be paid to you automatically.

How long does the payment run?

2018’s payment will be paid out over 13 weeks, from July to October. In 2019 this will be extended to 22 weeks, running from May until October.

Great! What amount will I receive?

For couples, you’ll receive $413.66 over the 13 week period, or $31.82 a week. Singles will get $265.98 over the 13 week period, or $20.46 a week.

And, even better, when the payment scheme is fully implemented over 22 weeks in 2019, it’ll amount to $450 for single people with no dependent children and $700 for couples or single people with dependent children.

Do I have to spend it on my power bill?

Not at all. You can choose to use it on whatever you think will best benefit your household through the colder winter months. That might mean investing in some thick thermal curtains or draught-stoppers for around your doors and windows, installing insulation, or purchasing a load of firewood. It’s up to you.

Can I put the money into my Flick Volt?

Oh you #CleverFlicker, you! If you do choose to use your payment on your Flick bill, then tucking it away in your Flick Volt could be a flickin’ good option to help manage the weekly budget and keep your home toasty all winter long.

How will Volt work with the Winter Energy Payment plan? It’s all plain sailing here, Flicksters! That’s because when you open a Flick Volt you get to choose a Regular Payment amount to pay to Flick each week in order to build up your Volt for those higher bills. If the amount you pay is higher than your bill, the difference goes into your Volt and the money in your Volt then works like a credit against your Flick account, that’s only used when the criteria you’ve set are met.

So, simply by adding the Winter Energy Payment onto your Regular Payment amount in Volt, you’ll be able to lift your regular contributions to Volt easily – and always have the extra money there for when you need it. Sweet!

Is there anything else that can help me keep my home warm?

There sure is. EECA has rolled out their new Warmer Kiwi Homes programme, too. It’s offering grants to low-income home owners to help with some of the costs of installing underfloor and ceiling insulation, as well as moisture barriers. Funding is limited, though, so if you (or anyone you know) is eligible to apply, head over to their website (link above), find a service provider in your area and give them a bell.

Wait! I’ve still got a few questions…

No worries! Give us a bell on 0800 4 FLICK, or drop us a line at hello@flickelectric.co.nz. We’re always here to help!

Volt is Flick’s new kid on the block, designed to help you save money to cover those higher-than-usual bills. Check out all the details here!

How’s winter looking? Have a read of our spot price forecast blog!