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$100 Electricity Credit - $25 for Four Months (Powershop)

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$100 Electricity Credit - $25 for Four Months (Powershop)
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Silverbird on 27/04/2019 - 07:04 powershop.com.au (403 clicks)
Last edited 27/04/2019 - 11:47 by 2 other users

Hi Guys,

Take advantage of this generous $100 statement credit from Powershop. I have been with them for a couple of years now and can say that they are the cheapest and most transparent electricity company I’ve dealt with. You can also purchase electricity in advance for bigger discounts. They are based in New Zealand and customer service is also great. Also they have no lock in contracts.

Note $100 bonus is only until end of April then reverts back to $75

Edit:
Sorry I didn’t really give any details of rates. I’m paying 84.80c daily supply charge and 24.46c per kw/h for the all day usage plan. I live in Victoria and my supplier is Powercor
For comparison Momentum energy has a higher supply charge of 104.9c but lower rate of 22.6c per kw/h. I guess if you’re using more than 10kw/h per day momentum might represent better value. My usage is between 3-6kw/h per day so for me powershop is the cheapest.
Thanks all for your feedback

Cheers

Referral Links

Referral: random (355)

Referrer receives $75 credit and referee receives $75 credit on first bill.

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closed Comments

  • [Deactivated] on 27/04/2019 - 07:46
    +13

    they are the cheapest and most transparent electricity company

    I'd give that prize to Tango/Pacific Hydro down here in Jemima (Nth-side Melbourne).

    Flat rate, no pretend discounts, no buying power in sale. And according to vicgov compare, these guys are more expensive

    https://compare.energy.vic.gov.au

    • gimme on 27/04/2019 - 09:21
      +1

      Yea tango are great no frills no bs provider. No fancy websites, no app or dashboards but i don't care. It just means I'm not paying for fluff i don't need

    • mmcs on 27/04/2019 - 10:20
      +2

      Used to be with powershop but the way they calculate the power and buying for power packs just doesn't make it any cheaper. And yes Tango is the way to go for the moment.

    • Silverbird on 27/04/2019 - 11:58
      +1

      Thanks. I didn’t even know of Tango! I can’t see that they distribute to my area though. I live in south east Melbourne and my distributor is Powercor. I’ll have to give them a call on Monday

    • paul11 on 28/04/2019 - 15:49
      +1

      I moved to GloBird 6 months ago. Saving almost $20/month. I think GloBird is the cheapest in Melbourne market.

  • thedragon on 27/04/2019 - 07:54
    +6

    +1 for tango. Easy to connect. Good price. Bills are easy to read and arrive on time.

  • blandest on 27/04/2019 - 07:57
    +1

    These guys are carbon neutral which is a huge added bonus. Plus cheap and great. Nothing to lose whatsoever.

  • seamonkey on 27/04/2019 - 07:59
    +5

    Pains me to say as someone that was with PowerShop for years. They WERE the cheapest. They WERE the most transparent. They got so bad I had to leave. All started awhile ago when they started tinkling with the app, refusing to enable you to track certain views. Read the app reviews. That tells the story. Sad because I really liked them. I am Tango now, my bills have been insanely cheap compared to PowerShop over the last 6+ months.

    • bloom on 27/04/2019 - 08:04
      +2

      Yeah I'm the same, powershop was great at the start but moved onto pacific/tango, definitely cheaper

      • [Deactivated] on 27/04/2019 - 13:32
        +1

        Me three. Ex Powershop user, moved to Tango.

        Tango were Pac Hydro. Despite the hydro connection, I'm not clear on any green/carbon neutral credentials they have company wide. Definitely cheaper tho.

  • Azoo on 27/04/2019 - 08:02

    Poor feed in tariff if you've got solar panels

  • R1ngSt1nger on 27/04/2019 - 08:07
    +4

    Definitely not the cheapest.
    They used to be great but they got greedy.
    Go with Tango for the best rates.

  • donkcat on 27/04/2019 - 08:18
    +2

    They would have to be one of the most confusing power providers out there, you need to prepay energy with power packs to maximize savings.

  • placard on 27/04/2019 - 08:33
    +5

    Tango is the cheapest and not dealing with stupid discounts to confuse you.

    • su3050 on 27/04/2019 - 18:23

      They aren't in NSW from the look of the website.

  • asa79 on 27/04/2019 - 08:37
    +1

    What makes them the cheapest you haven't posted their rates. Just a referral link

    • [Deactivated] on 27/04/2019 - 09:10
      +2

      This deal isn't about them being the cheapest. It's about a $100 credit.

      • asa79 on 27/04/2019 - 09:12

        But you probably get charged more then $100 over your current plans so that's not a deal

      • asa79 on 27/04/2019 - 09:14
        +2

        It's also only $25 over 4 months so you are locked in to get it

      • [Deactivated] on 28/04/2019 - 18:56
        -1

        that'd be refarral spam then.

  • gooddealmate on 27/04/2019 - 09:09
    +1

    PowerShop QLD 21.99c kwh, 97.83 Daily charge

    Alinta QLD 20.185 kwh, 108.9 Daily Charge

    Alinta work out cheaper based on 500 kWh a month usage.

    And you get $70 cash back with Cash Rewards too. https://www.cashrewards.com.au/compare-energy-and-gas

  • john_conner on 27/04/2019 - 09:19
    -1

    Tango was cheapest and most transparent for me. I found power shop requirements quite confusing. Ended up going with Lumo as they have online signup and same price (Tango unfortunately doesn’t have an online form and I was in a hurry). Lumo have recently changed to a simpler (no discounts - just cheap price) structure.

    Most companies have sign up bonuses, an extra $25 isn’t going to count for much if the rates are no good!

    • binary01 on 27/04/2019 - 18:51
      +1

      Sorry, not related to PowerShop, but for any others considering Tango, I also found it slightly inconvenient not having online sign-up, but I called them and was straight through to local call centre and service was very fast and easy. No BS discounting schemes, etc, just cheapest rates I could find in my area.

  • Stahh on 27/04/2019 - 09:50

    If in NSW check out Qenergy was cheapest for me no discount just 1 rate.

    • Dealhunter967671 on 27/04/2019 - 09:57

      They don't seem to advertise rates without requiring filling in all your details for a quote…maybe I'm missing something here?

      • Stahh on 27/04/2019 - 10:42
        +1

        I pay 20.7c then 20.5c per kw then 77c day supply no bonus no discount.

        • Elijha on 27/04/2019 - 11:13

          Thanks for putting in those numbers. As a WA resident it seems a pain to have to think about / deal with power supplier selection and I wondered if it gives any real savings to consumers vs leaving it government owned. Looking at my most recent bill .. maybe
          Supply charge 92.31c /day, Residential Anytime consumption 25.752 /kWh

        • Steptoe on 27/04/2019 - 11:36

          Can you link the fact sheet or plan name?

          https://www.qenergy.com.au/What-Are-Your-Options

        • chiesel21 on 28/04/2019 - 22:24

          According to https://www.qenergy.com.au/flux-content/qenergy/pdf/2017/Aus…, rate is 42.757c/Kwh GST Inc. How do you get that rate? unless they reduced their rate this year to 20.5c/Kwh, maybe you can point us? the direction?

          • Stahh on 28/04/2019 - 22:29
            +1

            @chiesel21: Yeh not sure I didn't negotiate or anything it's just there base rate worked out cheaper then 20-30% off at other providers I signed up to direct debit and bill smoothing which brought the rate down slightly.

          • Stahh on 28/04/2019 - 22:32

            @chiesel21: Usage
            VARIABLE HOME OFFPEAK EA011 94.39 kWh 20.7900 c/kWh $19.62
            Retail 20.7900 c/kWh
            VARIABLE HOME PEAK EA011 51.41 kWh 20.5800 c/kWh $10.58
            Retail 20.5800 c/kWh
            VARIABLE HOME SHOULDER EA011 170.06 kWh 20.5800 c/kWh $35.00
            Retail 20.5800 c/kWh
            Service To Property Charge 28 Days 0.7700 $/day

            This is from my bill

  • profeeder55 on 27/04/2019 - 10:55
    -4

    Does not provide sufficient details and with a weak sign up bonus. Not sure how this gets posted in the "Deals" page.

  • MuddyClear on 27/04/2019 - 11:03

    What’s cheapest in SA, still tango or agl?

  • Sapiens on 27/04/2019 - 13:30
    +1

    Northcote, 3070. PowerShop buying monthly 70$+ per month, Globird 50$ for month in same quarter with similar usage.

  • samehada on 27/04/2019 - 13:33
    -2

    They used to be the cheapest, not anymore. With their current expensive pricing and complicated powerpack purchase rule it is no longer worth to switch to them.
    Credit is not lump sum but spread across many months. No Deal at all.

  • GaryG on 27/04/2019 - 13:44
    +1

    Used to be with them but switched to Globird -much cheaper and simpler.

    As other posts were talking about Tango I just had a look and still found Globird a better deal.

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