Is PowerHub right for you? Start with your monthly power bill

Most of the answer sits in one number: what you spend on electricity in an average month at the property you want on the plan. Membership is a one-off fee, so the question is whether your usage is big enough to recover it and keep going.

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Under about $350 a month

• Not yet. At that level of use, buying at the market price is unlikely to recover a membership fee in a sensible time.

• We will still price your bill against the actual market for free, and we will tell you plainly if the answer is no.

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About $350 a month or more

• Membership starts to pay. You buy at the half-hourly market price plus a flat two cents a kilowatt-hour, with no retail margin on top.

• Network, metering and Electricity Authority levy charges are passed through at cost, the same as with any retailer.

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About $450 a month or more

• A battery subscription starts to pay as well. The battery charges in the cheapest half-hours and runs the property through the expensive ones, which is what turns market exposure into a position you can manage.

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Three things need to be true

• You use enough. Below about $350 a month of spend, membership does not recover its fee.

• You can store or shift power. Taking market pricing with no battery leaves you fully exposed to price spikes, and we do not recommend that to anyone.

• You can absorb a bill that moves. Your monthly cost varies with the market. Most months it sits well below a fixed rate; in a sustained high-price market it will be higher.

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If all three are true, the next step is a free bill analysis. Send us a recent power bill and we will price that same usage against the actual half-hourly market. It takes a couple of days, it costs nothing, and there is no obligation.

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Get a free bill analysis  ·  See the full fee schedule  ·  Is wholesale power cheaper?