Electric Kiwi passes 50,000 customers, urges faster reform

Electric Kiwi passes 50,000 customers, urges faster reform
Jenny Ruth
Power retailer Electric Kiwi is celebrating having signed up its 50,000th customer five years after its first but is complaining at the slow pace of implementing last year's electricity price review recommendations.The company is highlighting its offer of a daily free hour of off-peak power as a major factor in its success, but its hedging position is possibly an even bigger factor."We're pretty disciplined in terms of risk management and that's allowed us to grow through what's been reasonably volatile conditions," chief executive Luke Blincoe...

More Retail

Foodstuffs weighing appeal after ComCom full decision
Retail

Foodstuffs weighing appeal after ComCom full decision

The Commission released its determination to decline the merger.

Gregor Thompson 23 Oct 2024
Toyworld co-ops sales down 13%
Retail

Toyworld co-ops sales down 13%

Directors of the co-operative that oversees New Zealand’s Toyworld store network say their business has been impacted by “unfavourable macroeconomic factors”.Associated Retailers NZ is a subsidiary of Associated Retailers, a company registered in Australia. The company is princip...

Gregor Thompson 23 Oct 2024
Uber Eats expands to regions
Retail

Uber Eats expands to regions

Move will take number of NZ cities and towns serviced by Uber Eats to 29.

Gregor Thompson 23 Oct 2024