Flick customer base drops to 15-month low amid high power prices

Mon, 17 Dec 2018

By Gavin Evans Dec. 17 (BusinessDesk) - High wholesale power prices saw Flick Electric’s customer base drop to a 15-month low in November. The firm, 70-percent owned by Z Energy, supplied just under 21,500 customers on Nov. 30 – down about 1,400 last month and down almost 3,500 during the past two months. The latest count is the lowest for the firm since August 2017, according to Electricity Authority data. The company, formed to sell power on a spot electricity price-based model, has been offering to fix customers’ prices for six mont...

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