With energyclubnz you pay for your electricity at cost plus a small weekly Club Fee ($2.40 for Low Users, $5 per week for Standard Users).
You will receive 'low everyday rates' on your electricity which means that you know exactly what you will be paying. We don't do what the industry calls 'spot pricing' which is where your rates can fluctuate during the day dependent on what is happening in the wholesale electricity market. 'Spot pricing' can be beneficial for customers when prices are low but exposes customers to the risk of high electricity bills when prices are high. We think that people have more important things to worry about than what the latest cost of their electricity is, so we smooth our prices across an entire year.
To do this we have to estimate the costs across a year. If we manage to deliver lower costs than we originally expected from our suppliers we will give the saving back to the future benefit of our Club members.