I joined Mighty River Power today.
They visited and offered me $150 incentive payment, no contract and a cheap rate guaranteed until April 2013. So, I intend to use them through winter, use up my $150 credit, then switch back to powershop when their rates get lower again…
But couldn’t help wondering – am I part of a push to up their user numbers in preparation for sale? So the numbers look good on the books, even if people (like me) might not stay?
What will happen to the share price when lots of users leave after the Government’s flogged 49% off?