Compare Power Companies has the expertise and knowledge to be able to ask the right questions, and obtain the right information from a customer’s power supplier so that they can get competitive power supply offers
Being independent means there is no bias towards any particular company
Compare Power Companies is a local business owned by Mike Foot, a Christchurch based energy consultant. He knows the energy industry very well and is totally independent.
In 2021, we managed to save a cool-store owner $35,000
This year 2022, we have just recently saved a school $29,000 a year, simply because we knew the system and how to make changes that will benefit the customer.
We have extensive experience in the New Zealand electricity industry with networks into their tendering desks.Read More
Through Mike's knowledge and experience, we can request data in the correct format, and then can go to market and compare each time of use offer, year by year, site by siteRead More
Knowledge is power, and CPC has plenty of both. We can advise if you need to remain on time of use pricing or have the options of changing and we know how that is done.Read More
We’ll analyse your existing contract and usage history before exploring the deals currently available to find the best one.Read More
We have extensive contacts in the industry, so we have access to deals and offers that might not otherwise be available to you.Read More
Mike here in Christchurch, customer service, support, was
over & above. He took time to explain & supported me. Such awesome person. No job too hard for Mike.
Using my expertise, knowledge, and experience in the NZ energy industry, I have developed a tried and tested process for finding the best business school or farm electricity deals.
At Compare Power Companies, I provide power comparison services to companies all over NZ, ensuring they get the best possible energy deals. I have extensive experience and contacts in the industry, and you’ll be working with the owner-operator of the business who is based in Christchurch when you contact CPC.
Power company pricing representatives are located all over New Zealand because of covid 19, and they are often hard to find.
You will get a personal level of service and expert advice fully customised to your needs. I am fully independent, so I compare the major power companies in NZ to find you the best deal for your business or home. All contact is done remotely, as is contract acceptance and billing implementation. Businesses get a detailed report and recommendation, and then we arrange the switch if it is deemed necessary to get the best deal.
To find out more about our service to compare electricity and gas prices for NZ businesses or homes, please give us a call today.
Complete the form, and I will get back to you.
Are you getting the best price for power?
Consider the costs of checking the market yourself against using an energy professional. Do you have the time and networks to get a great price or do you trust your power company representative?
If you spend a reasonable amount on power, a good consultant is worth the investment.
Energy Prices Can Fluctuate
Wholesale energy prices in 2022 have increased significantly, which is flowing through to the time of use and non half hour markets albeit at different rates and speeds
New Zealand’s electricity market, because it influenced heavily by the weather due to its dependence on hydro generation, will trend upwards if lake storage is low, and below historical levels. It is 1 May 2022 and the current spot price in Christchurch where I am is $206.63 /MWH.
The market is also supplemented using Natural Gas and Coal to cover those shortfalls. Natural gas is in short supply, and coal has a high environmental impact. They also have a higher cost to generate per MWH
We are seeing prices trend upwards. It is not uncommon to see 30% increases being passed on to customers, and they are being told that is the market and everyone is the same. I can tell you that is not the case, yes the market is moving but at different rates for different power companies
When a customer takes electricity from the grid, it comes from the same place and comes out from the same grid exit point (GXP) no matter who your power retailer is. What matters is the price you pay and how its billed to you
Time of Use pricing
Not many customers truly understand TOU pricing. It was being sold for many years as a way to access cheap wholesale energy when lakes were full and gas was plentiful. As time went on, the markets changed. Oil and gas exploration slowed due to policy changes, meaning gas which was cheap, has increased significantly in cost, and is being supplied commercially by a select few.
But there is an option that is available but not discussed by power companies to their customers. Its an option to change from TOU pricing, if the circumstances are right, and you need to know the right circumstances. The information is not shared within power companies, it is held at a higher level, and very rarely offered to the SME market. Mike at Compare Power power companies was fully aware of this, but the wholesale market was cheap for some time, but that is no longer the case.
Time of use contracts are more secure for the power company, for you cannot switch suppliers mid contract like you can with a non half hour product. This gives the power companies a huge incentive to keep customers on TOU pricing.
If your time of use contract is expiring soon or has expired, talk to Compare Power Companies, talk to me. We will treat you fairly and you will get an honest opinion on what are the best options. We wont guess, we will use your last 12 months usage profile, and go to market for you and we will present all offers received.