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Welcome to Z Electric, a new NZ electricity provider

Z Electric
Wednesday, March 10, 2021

Z Energy has announced the launch of Z Electric, a new power offer for Kiwi consumers. As a power company, Z Electric offers an innovative electricity and fuel reward bundle with no fixed-term contracts and no exit fees.

Z Electric’s new power offer will be supported by a subsidiary, Flick Electric, which will also provide customer support and billing for the service.

A power deal that offers electricity and fuel bundled together

How will the electricity and fuel bundle work? Customers that sign up to Z Electric will have the chance to get their electricity from a New Zealand-owned company that offers regular fuel rewards through Z’s award-winning virtual fuel tank.

At launch, Z Electric are offering customers 50 litres of fuel when they join and 5 litres for every $100 of on-going electricity spend. Rewards are automatically deposited into a customer's virtual fuel tank, Sharetank, in the Z App.

Z’s Chief Innovation Officer, Scott Bishop said that Z Electric is a power offer that is all about being relevant to the daily lives of New Zealanders now and into the electric future.

“We know we need to use less fossil fuels wherever possible. But for many people, their options are currently limited to petrol and diesel to get around, do their jobs and take care of their whānau. That’s why we wanted to offer a power deal that helps people with their everyday lives and budgets, but without the fixed term contracts and catches of other offers.

“With Z Electric, customers get the benefit of fuel rewards through Sharetank in Z App as soon as they join and on an ongoing basis, and they can leave at any time without an exit fee. What’s more, Sharetank enables customers to share their fuel rewards with up to five people so their friends and whānau can benefit.

“With Z Electric, we want to learn from our customers about how we can best support them as we all head into the electric future that we know is coming. We aim to meet them wherever they are along the way with real options to solve what matters for them in a low carbon moving world,” said Scott.

Welcome to Z Electric!

Power Compare welcomes new power providers to the market – increased competition in the marketplace helps to drive new innovative offerings for our customers. We believe that an innovative new player like Z Electric, offering electricity and fuel bundled together, will be a great option for Kiwis looking for regular fuel rewards.

See Z Electric Plans

 

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