GNE - Genesis Energy

[iceman]

No i did not change electricity companies because GNE raised their prices. But because I got a much better offer from Meridian ($0.17/KWh vs $0.12/KWh from GNE). We export about 12MWh each year, so the difference is $600, or $3K over 5 years. Plus, with Meridian, everything is fixed for 5 years, even the low user daily fee. Strangely, the 5 year fixed only applies to Meridian's side of the deal, I am only locked in for 2 years. I fully expect to stay for 5 years though

We export every month except June where we are neutral. I built the system this way

Great stuff. Thanks for the response. That’s a great buyback rate you’ve got from Meridian. I better start looking around 😀

[stoploss]

Have a look here
https://poweredge.nz/

[xafalcon]

Have a look here
https://poweredge.nz/

That is a very good buy back rate, and hot off the press in the last few days. But always check that your export credit will be paid out. Some companies (like Octopus) only allow the solar buy back credit to be used to offset your electricity purchases. So if your buy back credit exceeds your power purchases, you effectively get a reduced buy back rate

Meridian also gave me a $300 welcome credit, which will pay my daily fixed charges ($0.69/day incl gst for us) for about a year

[kiora]

"FORESTA SECURES 10-YEAR WOOD SUPPLY AGREEMENT FOR PLANNED LOW EMISSIONS FUEL PLANT AT KAWERAU"
"The plant will produce torrefied black wood pellets which are a seamless drop-in replacement for coal as a fuel source in boilers without any loss of energy intensity while also significantly reducing carbon emissions. A recent Genesis trial at Huntly power station using similar pellets reduced emissions by at least 90%."
http://www.sharechat.co.nz/article/3...+12+April+2024