Has Slingshot Increased their Prices in 2024?

Slingshot Power Prices 2024

We have not found an announcement that Slingshot is increasing their prices yet. However, due to the volatile nature of inflation, it is important to be ready for changes in prices. Their Standard User plan power add-on is currently sitting at $0.2351/kWh. 

If you have noticed increases in your power bill, don’t panic. There are a few things you can do to help manage your power bill, such as reducing your energy consumption. One of the most effective ways to do so, such as turning off your devices and appliances at the wall when you aren’t using them, using cold water to run your washing machine, and investing in energy efficient appliances. Energy efficient appliances will use less energy to perform their job. That means a fridge, washing machine, heat pump, or dryer that has a high energy star rating will not gobble up lots of energy, but will still do what they are meant to do! They may come with a premium upfront price, but they will save you hundreds of dollars on power over the course of a year. 

7 Other Tips to Save Power

It’s also effective to compare power prices. Use the form on this page to compare costs and see if you can unlock a better deal and make savings that will help you achieve your financial goals. 

As power prices continue to increase, you may want to check whether you qualify for the winter energy payment, which can help cover some of your monthly power bill. It’s also a good idea to check if you are eligible for power credits.

Remember, prices vary across the country. The Slingshot prices quoted in this article are based on an Auckland address.  For an accurate estimate at your property remember to compare power prices based on your address!

Why Do Energy Retailers Increase Prices?

Energy retailers must regularly review the costs of the electricity supply chain. There are many different parts of the electricity supply chain that require maintenance and upgrading such as towers, power stations, lines, and poles. As inflation rises, these costs change, which is why energy retailers adjust their prices accordingly.

Disclaimer: *The electricity prices quoted on this article are sourced directly from provider websites for an address in Auckland and are intended for example purposes only. Please note that these prices will not accurately reflect the rates applicable in your specific area as these change across the country.