Google
 

Aardvark Daily

New Zealand's longest-running online daily news and commentary publication, now in its 24th year. The opinion pieces presented here are not purported to be fact but reasonable effort is made to ensure accuracy.

Content copyright © 1995 - 2018 to Bruce Simpson (aka Aardvark), the logo was kindly created for Aardvark Daily by the folks at aardvark.co.uk



Please visit the sponsor!
Please visit the sponsor!

Proof that electricity is overpriced

27 October 2017

In yesterday's mail was one of those "to the person in charge" envelopes that you just know is a piece of junkmail.

Normally these go straight into the recycling but this time I decided to take a peek inside, to see what kind of stuff was being pitched to the dim and gullible.

Well this time it was a brightly coloured brochure and a letter from TrustPower.

Apparently, if I switch my electricity and internet to TrustPower, they will *GIVE* me a brand new Samsung Smart TV... for FREE!

Hmmm... I was always taught that "there are no free lunches" so I decided to investigate a little more deeply.

Sure enough, depending on which broadband plan I chose, TrustPower would give me a brand new Smart TV -- varying from a 43" "FHD" model if I was on the $99 ADSL/VDSL or 100Mbps fibre plan, right through to a fancy 55" UHD 4K set if I signed up to the 200/200 fibre plan.

Gosh, a fancy schmancy 4K UHD 55-inch Smart TV for free... just for switching my power and broadband to them?

Wow... isn't that fantastic?

Well no, it's not.

That's a $2,300 TV set so even amortised over the qualifying 24-month contract, it's almost $100/month.

If we assume that TrustPower haven't suddenly become a charity, then they must be expecting to still make a profit from your power and broadband charges while you're participating in this offer so the margins on their prices must clearly include $100/month of fat.

As if the bill didn't already prove it, this concession that they can effectively give you a $100/month discount on your bill and still make a profit surely hints that the prices NZers pay for their electricity is woefully excessive.

I've written columns before in which I question just how come Kiwis pay so very much for their power, when the majority of it comes from generators that were built and paid for generations ago and which are powered by renewable sources that cost nothing.

Well here's your answer... the power companies are fleecing us to the tune of a free 55-inch UHD 4K TV set every two years.

Now I am not going to be signing up to TrustPower's offer. In fact this glossy offer has meant that I will probably *never* consider this company as a viable provider of my power and internet. Hell, they're effectively admitting that they're gouging their customers.

I'd much rather buy my power and internet from a company that simply says "we'll operate with a fair profit margin and you can buy your own damned TV set with the savings".

What do readers think?

Is this a great offer from TrustPower?

Or does it betray the outrageous profit margins that power companies are inflicting on poor, unsuspecting customers?

Please visit the sponsor!
Please visit the sponsor!

Have your say in the Aardvark Forums.

PERMALINK to this column


Rank This Aardvark Page

 

Change Font

Sci-Tech headlines

 


Features:

Beware The Alternative Energy Scammers

The Great "Run Your Car On Water" Scam

 

Recent Columns

Time, the ultimate creator
No, I haven't been smoking the wacky-baccy or indulging in mind-altering substances (beyond a glass of wine with my dinner) but you might think so after reading today's column...

Peak smartphone?
There was a time when many of us upgraded our PCs every couple of years because the technology was moving at such a fast pace that you'd see a significant improvement in power and performance with each new machine...

BBC resorts to clickbait
Sigh... clickbait and fake news are the stock and trade of the mainstream media these days and it appears that even the (once) almighty BBC are engaged...

A *billion* dollar idea
As I mentioned in my last column, Google has now equipped its Chrome browser with the ability to defeat the worst in aggressive advertising formats on the Web...

Chrome anti-competitive?
Google's Chrome browser now has a feature that will reportedly stop 97 percent of all those really annoying ads from interrupting your browsing experience...

What ever happened to fuel cells?
Electric vehicles are set to become the next big thing...

Can you sense the frustration?
When the current CEO of the South Waikato District Council took up his position several years ago, I invited him to my studio-workshop to discuss how I could help promote the district he now managed...

Is now a good time to wait?
I ran a CPU benchmark on my video rendering machine last night and was gobsmacked at how much slower it is than "state of the art" silicon...

Beyond a joke
Yes, today's column is another of those boring gripes about CAA and drones...

Plastic, a bigger threat than climate change?
A regular reader sent me an email the other day containing a link to a worrying report that everyone should read...

Babies versus boosters, no contest
Yesterday was a fantastic day for any geek, space enthusiast or anyone who has the heart and imagination of a little boy...