Ditching prompt payment discounts
Meridian Energy was the first New Zealand electricity retailer to remove prompt payment discounts (PPDs). Why? Because we believe that prompt payment discounts are unfair, but mostly to those who struggle to pay their power bills or are late for a payment date. We replaced PPDs with new lower tariffs that are simpler and easier to understand.
The recent Electricity Price Review commended our actions. We’re proud to be industry leaders in this area by making a decision that’s fairer for all.