GrownUps New Zealand

Taking the Shock Out of Your Power Bill

 Read more Oily Rag articles by Frank and Muriel Newman 

The clocks have gone back, the days are shorter, and the nights are cooler. That means it’s time to turn a frugal mind to cutting electricity costs – more so given that power companies have said electricity prices will rise over the next few months.
 
Fortunately there are lots of ways to cut costs – many can be found in our book and lots are listed on our www.oilyrag.co.nz website.
 
The first thing is to find out if you are getting the best deal from your electricity supplier.  A reader writes, “I recently became aware of PowerSwitch.  It took me a couple of minutes to see that I could cut my electricity bill by about $900 by switching to another power company. It’s a big saving because we use a lot of electricity, but it’s better in our pocket than theirs! “
 
The Ministry of Consumer Affairs says, “Consumer PowerSwitch is an online service that allows you to compare prices for electricity supplied in your area. Even if you don't want to switch companies, you can compare your plan against other plans offered by your current electricity provider. This service is funded by government and supplied by the Consumers' Institute. The service is free.”
 
The Powerswitch site is well worth a visit (www.powerswitch.co.nz). All you need is a copy of your latest electricity account – one based on an actual reading, not an estimate – that is fairly typical of what you would pay. The online calculator will compare your current annual electricity cost with what you would be charged with the other providers in your area.
 
Once you are getting the best deal, the next thing is to minimise power usage. Here are some tips:

There are lots and lots of ways to cut back on electricity costs. If you have a hot tip, please go to www.oilyrag.co.nz to send it in.

* Frank and Muriel Newman are the authors of Living off the Smell of an Oily Rag in NZ. Readers can submit their oily rag tips on-line at www.oilyrag.co.nz . The book is available from bookstores and online at www.oilyrag.co.nz .