Z Energy launches Z Electric to compete in retail electricity market

New Zealand's Z Energy is bringing its innovation and energy expertise to the retail electricity market by launching Z Electric, a new power offer.

Z Electric offers New Zealand’s first electricity and fuel rewards bundle with no fixed-term contracts and no exit fees.

The fuel retailing company will give customers the chance to get their electricity from a New Zealand-owned company that offers regular fuel rewards through Z’s virtual fuel tank, Sharetank in Z App.

Z’s Chief Innovation Officer, Scott Bishop said that Z Electric is a power offer that is all about being relevant to the daily lives of New Zealanders now and into the electric future.

“We know we need to use less fossil fuels wherever possible. But for many people, their options are currently limited to petrol and diesel to get around, do their jobs and take care of their whānau. That’s why we wanted to offer a power deal that helps people with their everyday lives and budgets, but without the fixed term contracts and catches of other offers,” said Bishop.