Mercury Energy Steps Up Competition In Gas Market

Media Release

MONDAY 13 MAY

Mercury Energy steps up competition and service in gas market

Mercury Energy is bringing competition and improved service to the Auckland energy market, with its expansion into gas retailing.

Mercury, the retail arm of state-owned generator Mighty River Power, is offering to supply gas to its existing Auckland electricity customers for the first time, giving them the convenience of one monthly bill for both electricity and gas.

The gas and electricity offer - to be marketed under the name Mercury Energy Duo - is initially available to existing Mercury Energy customers with a gas connection in Auckland City, Manukau and Papakura.

"Until now, Aucklanders haven't had a lot of choice of gas suppliers. We're giving customers that choice through a dual fuel option that we believe will be attractive to them," said Mercury General Manager John Foote. "We plan to extend the gas and electricity product to other parts of Auckland later this year, and to other regions in the future."

Mr Foote says customers will benefit by competition in the marketplace and a choice of supplier.

"Mercury Energy Duo is a competitive offer, both in terms of service and price.

"Meter readers will read gas and electricity meters at the same time every month. This will improve the accuracy of customers bills and help them budget for their electricity and gas.

"Mercury Energy Duo customers will also receive a dual fuel discount of 15 cents per day off the fixed charges on their bill."

Mercury customers who pay their account by direct debit, telebanking, automatic payment or telephone banking will earn an additional two percent discount on the combined total. This is on top of the standard 10 percent prompt payment discount Mercury Energy offers to customers.

Mercury is sourcing its gas from Wanganui Gas.

Media inquiries:

John Foote Mercury Energy General Manager Ph: 09 580 3615

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