Mike Yardley: Government has rewarded the lazy and idle with power price changes
(Photo / Getty) Tue, 15 Dec 2020, 3:41PM
I don’t know if you’ve come across this, but MBIE claims the average residential power bill in New Zealand has now reached a 10 year low.
Apparently the average annual bill is a smidge over $2,100. And the Electricity Retailers association claims the downward pressure on bills can be sheeted homes to competition and massive improvements in insulation.
But when it comes to competition, are the best of times now being blunted by a sticky-beaked government?
I’m a switch-flicking recidivist when it comes to shopping around for the sharpest deals. In the past 10 years, I have switched suppliers eight times, including some boomerang returns to the existing supplier on the swift seduction of a win-back deal.