Time of Use Customers (TOU) – Cheap Comparisons!

January 27 2012 Categorized Under: Business Electricity Prices, Commercial Electricity, Switching Power Companies, Switchme News, TOU Meters No Commented

Electricity consulting for commercial customers becomes affordable.

With power prices constantly on the rise in residential and SME markets, commercially supplied business are also facing increases in commercial time of use rates. Higher levels of consumption, compounded by the uncertainty of the New Zealand electricity spot market are making a business’s choice of energy provider more critical than ever. With the potential difference in retailers being thousands of dollars annually, mistakes are often costly and irreversible. As a result businesses need to be asking the following questions:-

  • Are they getting the best deal?
  • Are they with the best electricity retailer?
  • Are they getting as many competitors’ quotes as possible?
  • Are they being offered the best plan for their business needs?
  • Do they have the ability to accurately assess offers to know exactly what they are agreeing too?

These are all important factors for large electricity consumers with time of use meters to consider. The commercial half-hourly- metered billing system used by all energy retailers is complex and often confusing, this is even before a consumer considers the renewal process.

Unlike most businesses with standard metering, time-of-use customers do not have one fixed unit rate to depend on. In fact, the tariffs offered all depend on time, month, season and the state of the often volatile national electricity spot-market. Consequently, consumers need to be sure that the offer that they are accepting is the best they can possibly negotiate.

Unfortunately, most businesses are happy to simply renew their supply agreements with their current retailers and incur the increased tariffs based on the presumption that power price rises are inevitable. This is also often due to the complicated and time-consuming process of requesting multiple tenders to compete for the power supply and the absence of expert analysis from an industry consultant at an affordable rate.

Switchme has created an easy online service for businesses requiring independent and accurate tender management at an affordable price. Switchme has relationships with all electricity retailers and employs consultants with proven experience in the commercial electricity retail industry.  Switchme will distribute tenders to all major retailers, compile and provide detailed reporting on results, make recommendation on the best retailer for you and assist you with any necessary transition.

Why spend hours contacting all electricity retailers, filling out forms and supplying information to prospective suppliers only to still receive complex tariff data and the potential for further indecision?

Switchme have the tools, relationships and expertise to negotiate the best deal for time-of-use consumers at one fixed affordable rate of $199.00+GST. With the potential to save hundreds of dollars in time and potentially thousands of dollars by having retailers actively compete for your supply, accompanied with the assurance of advice from industry experts, every business can now have the benefit of a comprehensive electricity-supply tender process.

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