A comprehensive guide to saving hundreds on two household bills!
How much do you spend on your broadband & power bills?
It’s an important question to ask yourself! These are two household bills that over the year can end up costing you a decent chunk of money. Yet, there are actually heaps of ways you can save on them. You can in fact save hundreds of dollars!! It’s also super easy to do!
So, how can you save so much money, you ask? Read on to find out how!
Investigating how much Kiwis spend on their bills!
Before we jump into how you can save on your bills, we have to first gauge how much Kiwis are spending on broadband and power. This will help give you a sense of whether you are overpaying for your bills or not!
The team at NZ Compare recently conducted two polls on Neighbourly asking Kiwis how much they spend on broadband and power per month.
The results were surprising! Kiwis are spending way more than they should on their broadband bills and there’s still room for some Kiwis to save more on their power bills.
How much are Kiwis spending on broadband?
The first Neighbourly poll that was posted by NZ Compare asked Kiwis: How much is your monthly BROADBAND bill?
Voters could choose from three options:
- Under $75
- Between $75-$85
- Over $85
A whooping 1,532 people voted on the poll within a few days! A staggering 44.3% said they spend over $85 on their monthly broadband bill, while a further 27.8% spend between $75-$85. Only 28.4% spend less than $75 on their monthly broadband bill.
The majority of Kiwis surveyed spend more than $85 a month. A quick look on Broadband Compare will show you that you can get broadband deals that cost you well under $85 a month, with some as low as $60 a month. So it’s clear that a lot of Kiwis are spending way more than they should on their broadband plan!!
Top tips to save on broadband bills!
So, what’s the best way to save on your broadband plan? Here are our top two picks!
1). Compare compare compare!
Our top recommendation is to compare different broadband plans! By doing so, you’ll find a different plan that saves you money and suits your household’s needs better.
We’ve run the numbers and for over 70% of the people who responded to the poll, they could save anywhere between $13 to $38 a month. So, you could save up to $456 a year just by switching to a new plan!
2). Grab a deal!
Another tip we recommend is to take advantage of any joining deals or special perks on offer. In the highly competitive world of broadband, providers are constantly offering new discounts to try and attract new customers. Looking on Broadband Compare, you’ll find many enticing offers like discounted months of broadband, free streaming service subscriptions, or bundle options which will save you heaps!
How much are Kiwis spending on power?
The team at NZ Compare followed up with a second poll on Neighbourly that asked Kiwis: How much is your monthly POWER bill?
Voters could choose from four options:
- Under $200
- Between $200-$300
- Between $300-$400
- Over $400
More than 1,000 people voted on this poll with the results showing 63.7% of people spend under $200 a month, 25.5% spend between $200-$300 a month, and 10.8% spend $300 or more.
The majority of respondents spent less than $200 a month. It’s great to see so many Kiwis are spending less on power and saving plenty of money. However, it’s likely these people are what we call ‘low users.’ Did you know low user daily charges are being phased out? So your bill will start to go up over the next couple of years without you changing a thing.
Also, there’s still a small number of Kiwis who spend $300 or more per month on their power according to the poll. Of course, high usage will impact the price of a power bill but we still think that these Kiwis who spend over $300 a month can find an alternative cheaper plan!
Top tips to save on power bills!
So, how can Kiwis who are spending a lot on their power bills save? Here are our top three recommendations!
1). Compare power plans!
Again, our number one recommendation is to compare power plans! All it takes is a few minutes out of your day to look on Power Compare and find a better new power plan. You’ll find a plan that is cheaper or better value AND one that suits your lifestyle better!
2). Are you a low user or a standard user?
Power plans are currently split into two options. You can choose a low use plan or a standard use plan. The right plan for you will depend on your usage. Currently, many people (including the majority who were polled) will likely be on a low use plan. However, low use plans are slowly being phased out which means that many users will have to start paying more each month. So, it’s important to check you are on the right plan for your home.
To find out more, read our explainer!
3). Be smart with your power!
There are plenty of small ways that you can save heaps of money in the long run on your power bills.
To start, check if you have a smart meter! These modern meters measure your power usage and have many benefits that’ll save you money. Also, see if you can find a new plan with free hours of power! This is a relatively new feature of power plans that offers you FREE power to use at specific times. It’ll save you bucket loads of cash!
There are plenty more ways to save, just check out this list of what the experts recommend.
As the chilly weather approaches, now is the time to take control of your power plan to avoid bill shock this winter!
Head to NZ Compare!
The best way to save on your broadband & power bills is by heading to NZ Compare!
NZ Compare is the home of comparison websites including Broadband Compare and Power Compare. These two websites are dedicated to allowing consumers to easily compare and switch broadband or power plans!
It’s easy as, just follow these simple steps:
- Jump onto the website.
- Type in your address.
- Select some filters that match your preferences.
- Hit enter!
- Browse all the different plans available to you & compare them side-by-side.
- Find one you like and switch!
Alternatively, if you’d rather talk to a friendly human, then give our customer support team a free call on 0508 22 66 72.
Photo Supplied: Image by rawpixel.com on Freepik