Powershop

Powershop NZ
Type of businessSubsidiary
Founded2007
Headquarters,
New Zealand
Area servedIn New Zealand: Auckland, Hamilton, Tauranga, Rotorua, Taupo, Napier, New Plymouth, Wanganui, Palmerston North, Wairarapa, Wellington, Christchurch, Dunedin, Queenstown, Invercargill
Founder(s)Ari Sargent
Key peopleMargaret Cooney, Head of Powershop
IndustryElectricity retailing
ProductsElectricity
EmployeesOver 200
ParentMeridian Energy
URLpowershop.co.nz
Powershop Australia
Founded2012
Headquarters,
Australia
Area servedIn Australia: Victoria, New South Wales, South East Queensland and South Australia.
Key peopleEd McManus, CEO
IndustryElectricity retailing
ProductsElectricity & Gas
Employees150
ParentShell Australia
URLpowershop.com.au
Powershop UK
Founded2016
Dissolved2021
Successor(s)E.ON Next
Headquarters,
United Kingdom
Area servedIn the United Kingdom: England, Wales and Southern Scotland
Key peopleDavid Winter, Head of Powershop UK
IndustryEnergy retailing
ProductsElectricity, gas
Employees10–50
ParentNPower
URLpowershop.co.uk

Powershop is an online electricity retailer founded in New Zealand, and also available in Australia. In New Zealand, Powershop is a subsidiary of Meridian Energy, 51% of which is owned by the New Zealand Government. The retailer operates through an online platform offering pre-pay and post-pay options.

In November 2021, it was announced that a consortium of Shell Australia and Infrastructure Capital Group would be acquiring Meridian Energy Australia Group, including Powershop Australia. Though subject to regulatory approvals, the transition was due to be completed in early 2022.[1] This development caused an uproar among many customers who opposed the takeover of Australia's greenest electricity provider by a multinational oil company.[2]

  1. ^ "Shell to acquire energy retailer, Powershop Australia".
  2. ^ Crellin, Zac (23 November 2021). "'Disgusted' Powershop customers abandon ship over Shell takeover". The New Daily. Retrieved 5 January 2022.

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