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17-11-2017, 01:53 PM
#1451
Originally Posted by Hectorplains
Operating report out. Electricity customer numbers are still drifting down. LPG customer base continues slow growth though - how 'sticky' are these customers?.
It doesn't appear that the fuel loyalty scheme is doing much to retain or attract customers? The recent announcement of bundling internet (but only for current customers) feels like a belated 'me too' response to Trustpower's success in this.
How important is the customer base as a metric for CEN?
I see this metric as a function of wholesale prices-a positive metric if wholesale prices are low and negative when high.
eg in a drought with high demand a gentailer would have to buy power to supply customers they cannot supply by their own generation at higher prices than they can recoup from the customer.
I dont know what this price point is but want to know if anyone has the answer?
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17-11-2017, 03:41 PM
#1452
Don't know thw answer, fish, but the theory sounds logical to me. Of course, the other factors would be individual gentailers' mix of generation - hydro, wind, geothermal, fossil fuel - and the weightings between retail and commercial/industrial customers.
A separate question would be - If Contact and Genesis are losing customers, which gentailers are winning them?
Last edited by macduffy; 17-11-2017 at 03:44 PM.
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17-11-2017, 03:55 PM
#1453
Originally Posted by macduffy
Don't know thw answer, fish, but the theory sounds logical to me. Of course, the other factors would be individual gentailers' mix of generation - hydro, wind, geothermal, fossil fuel - and the weightings between retail and commercial/industrial customers.
A separate question would be - If Contact and Genesis are losing customers, which gentailers are winning them?
MEL.Meridian's customer numbers are up 1.9% since June 2017.
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18-11-2017, 07:16 AM
#1454
Mercury called me with a good deal this week. Pricing locked in till 2019 . Also no contract so free to leave whenever . Roughly $ 500 pa saving , Trustpower would only offer $ 200 to stay .( I was Energy Direct before it was merged)
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18-11-2017, 10:42 AM
#1455
Originally Posted by stoploss
Mercury called me with a good deal this week. Pricing locked in till 2019 . Also no contract so free to leave whenever . Roughly $ 500 pa saving , Trustpower would only offer $ 200 to stay .( I was Energy Direct before it was merged)
I guess you didn't sign on for gas and internet
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18-11-2017, 03:41 PM
#1456
I had gas with Trustpower, and much cheaper price via Mercury and daily charge is way less as well .
If for whatever reason this doesn’t work out I can go elsewhere ...
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18-11-2017, 06:45 PM
#1457
Originally Posted by stoploss
I had gas with Trustpower, and much cheaper price via Mercury and daily charge is way less as well .
If for whatever reason this doesn’t work out I can go elsewhere ...
Ha, all good, I’m not really commenting on your individual choice (which seems like a good move), just that Trustpower would probably argue that the multi customer segment is more “sticky “
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19-11-2017, 02:55 PM
#1458
All companies get you in and hope your laziness makes them stay. Look at gym memberships I know of at least 5 people who have gym memberships and never go
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30-11-2017, 06:45 PM
#1459
A TA dream
A few Contact shares (7.1% of the company) changed hands in the NZX close today.
Add in another 4% for the rest of the day and that is 'quite a lot'.
Also down 2.2% in price, if you are into On Balance Volume and similar indicators you are going to need to widen your chart scales !
Best Wishes
Paper Tiger
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30-11-2017, 09:21 PM
#1460
Originally Posted by Ggcc
All companies get you in and hope your laziness makes them stay. Look at gym memberships I know of at least 5 people who have gym memberships and never go
I think the same applies to my set and forget portfolio in which CEN sits. Gone nowhere in 5 years
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