Electric Kiwi is different from your usual power company. We think electricity should be smarter, simpler and cheaper – and wherever possible, we use technology to achieve that.
One way we do this is by having online-only billing options (credit card or direct debit). These are provided by our payments partner Debitsuccess. Their billing technology is the most efficient way for us to manage your bills – which ultimately helps us deliver cheaper power.
Check out Debitsuccess’ article on Electric Kiwi here: New technology partnership powers cheaper electricity
New technology partnership powers cheaper electricity
29 September 2015
Payments specialist Debitsuccess has made its first foray into providing options for one of the most common monthly bills - power.
The company is providing paperless billing options for online power company Electric Kiwi, an electricity retailer designed specifically for customers with smart meters.
Electric Kiwi managing director Julian Kardos says an ‘online-only’ approach to billing contributed to being able to provide some of the lowest power prices in the market.
"We saw a gap for a company that could maximise technology to provide cheaper electricity. Digital readings from smart meters means we’ve been able to design a platform that brings every single aspect of electricity retailing online – from signing up and connecting through us, to automatic meter readings, online accounts, customer service and of course, billing.”
"Using Debitsuccess’ billing technology is a very efficient way for us to manage and process payments, which ultimately means we are able to provide lower power prices for our customers.”
With an integrated credit control offering, Debitsuccess is the only full-service payment processor in New Zealand.
National sales manager Jesse Harris says the company works across a range of industries and is committed to stringent data security.
“We work with a raft of organisations across different industries from health and fitness to education and insurance. We’re excited to be partnering with Electric Kiwi as our first power client.”
Harris adds: “The security of personal information is upmost in many people’s minds. Being assured that there is excellent data security encourages recurring payment options to be considered, and our billing platform enables people to allocate their own payment schedule to suit their needs.”
Debitsuccess is part of Transaction Services Group (TSG), a leading global payment solutions provider with a presence in Australasia, the United Kingdom and the United States.
The article also appeared in:
Metering.com: Online utility Electric Kiwi buys new paperless billing system
In New Zealand, online electricity retailer Electric Kiwi has signed a deal with a paperless billing company in a bid to continue its offering of low price power.
Electric Kiwi, which is a 100% online retailer specifically targeted at smart meter customers, will capitalise on payment company DebitSuccess’ billing technology, according to New Zealand newspaper Voxy.
The paperless billing solution will also improve Electric Kiwi’s security in managing customer data, a move that DebitSuccess estimates will encourage recurring online purchases of electricity.
Electric Kiwi, a digital retailer
The ‘online-only’ approach to billing forms part of Electric Kiwi’s strategy to offer some of the lowest electricity prices in the New Zealand market, said managing director Julian Kardos.
“We saw a gap for a company that could maximise technology to provide cheaper electricity.
“Digital readings from smart meters means we’ve been able to design a platform that brings every single aspect of electricity retailing online – from signing up and connecting through us, to automatic meter readings, online accounts, customer service and of course, billing.”
Mr Kardos added: “Using DebitSuccess’ billing technology is a very efficient way for us to manage and process payments, which ultimately means we are able to provide lower power prices for our customers.”
Electric Kiwi offers customers one free hour of power per day as part of its marketing drive to recruit smart meter households.
New Zealand smart meters
The development comes as New Zealand records an increase in smart meter adoption, which has resulted in consumers reporting decreases in electricity bills.
In Q1 2015, Metering reported customers of utility Contact Energy in the Marlborough region experiencing monthly bills drop from NZD600 (US$465) in winter and NZD400 (US$300) in summer to less than NZD200 (US$154) due to smart billing.
One householder interviewed attributed the reduction in energy costs to more accurate meter readings.
Meanwhile, other electricity distributors and retailers are gearing up smart meter rollouts.
Genesis Energy integrated a new smart metering system into its grid and Contact Energy installed 500 units by Q1 2015.
Trustpower also announced plans to begin a pilot early this year.
Trustpower’s community relations manager Graeme Purches said contractors would begin meter installation from mid-2015, but they would not be installed in Marlborough until 2016.
Yahoo! Finance News: Debitsuccess provides paperless billing for Electric Kiwi
Payments specialist Debitsuccess has made its first foray into providing options for one of the most common monthly bills - power.
The company is providing paperless billing options for online power company Electric Kiwi, an electricity retailer designed specifically for customers with smart meters.
Electric Kiwi managing director Julian Kardos says an ‘online-only’ approach to billing contributed to being able to provide some of the lowest power prices in the market.
"We saw a gap for a company that could maximise technology to provide cheaper electricity. Digital readings from smart meters means we’ve been able to design a platform that brings every single aspect of electricity retailing online - from signing up and connecting through us, to automatic meter readings, online accounts, customer service and of course, billing."
"Using Debitsuccess’ billing technology is a very efficient way for us to manage and process payments, which ultimately means we are able to provide lower power prices for our customers."
With an integrated credit control offering, Debitsuccess is the only full-service payment processor in New Zealand.
National sales manager Jesse Harris says the company works across a range of industries and is committed to stringent data security.
"We work with a raft of organisations across different industries from health and fitness to education and insurance. We’re excited to be partnering with Electric Kiwi as our first power client."
Harris adds: "The security of personal information is upmost in many people’s minds. Being assured that there is excellent data security encourages recurring payment options to be considered, and our billing platform enables people to allocate their own payment schedule to suit their needs."
Debitsuccess is part of Transaction Services Group (TSG), a leading global payment solutions provider with a presence in Australasia, the United Kingdom and the United States.
OF Week: New technology partnership powers cheaper electricity
What’s New in Fitness (Debitsuccess is best known as a payments provider for the gym industry): Debitsuccess payments specialist direct billing
New technology partnership powers cheaper electricity
Payments specialist Debitsuccess has made its first foray into providing options for one of the most common monthly bills – power.
The company is providing paperless billing options for online power company Electric Kiwi, an electricity retailer designed specifically for customers with smart metres.
Electric Kiwi managing director Julian Kardos says an ‘online-only’ approach to billing contributed to being able to provide some of the lowest power prices in the market.
“We saw a gap for a company that could maximise technology to provide cheaper electricity. Digital readings from smart meters means we’ve been able to design a platform that brings every single aspect of electricity retailing online – from signing up and connecting through us, to automatic meter readings, online accounts, customer service and of course, billing. Using Debitsuccess’ billing technology is a very efficient way for us to manage and process payments, which ultimately means we are able to provide lower power prices for our customers.”
With an integrated credit control offering, Debitsuccess is the only full-service payment processor in New Zealand. National sales manager Jesse Harris says the company works across a range of industries and is committed to stringent data security.
“We work with a raft of organisations across different industries from health and fitness to education and insurance. We’re excited to be partnering with Electric Kiwi as our first power client.”
Harris adds: “The security of personal information is upmost in many people’s minds. Being assured that there is excellent data security encourages recurring payment options to be considered, and our billing platform enables people to allocate their own payment schedule to suit their needs.”
Debitsuccess is part of Transaction Services Group (TSG), a leading global payment solutions provider with a presence in Australasia, the United Kingdom and the United States.
