Can I get near free electricity?

A colleague once told me her monthly electricity bill exceeded $1200 a month. I didn’t believe her, until she told me she had more than one fridge, a spa pool and underfloor heating. Underfloor heating? How about you go put on a jersey and save yourself hundreds?!

Now I’ve been in my new house for two full months, I’m starting to get an idea of my ongoing fixed costs, including my average monthly electricity bill.

For the past month, my bill has come to NZD$57, not bad I think. But it gets a whole lot better. Every year, the line company provides a dividend for bill payers to the tune of $280. As long as you’re paying a bill on August 5, you qualify. I moved in on August 1, so I’ll take that entire amount thank you very much :-). Over the course of the year, the dividend is $23.33/month, so my bill comes down to just $34/month.

But could I get my bill all the way down to $23 a month and therefore pay nothing at all?

Firstly, there is a fixed cost of $10/month for the lines charges. It doesn’t matter if you spend $34 or $1200 a month, you pay this regardless. So this leaves just $13/month for actual usage (down from $34). Not sure this is entirely feasible, but I’m going to give it a go.

I’ve setup a FREE ELECTRICITY challenge page where you can track my daily kw/hr and costs by day.

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