This Electricity $150 Welcome Credit Promotion provides you with a $150 welcome credit on your electricity account when you sign up for electricity on a 12-month fixed-term contract.

Please note that:

• - This promotion is available in conjunction with MEGA Saver Promotion (however, please be aware that by using this promotion you are signing up to a 12 month fixed term for electricity).

That means, if you are a new Megatel electricity customer who signs up for a 12-month fixed- term contact for electricity plus another eligible service (gas, broadband or mobile), you will receive:

• - a $150 credit on your new electricity account (this promotion); and
• - ongoing discounts on all services while they remain connected with Megatel!(Mega Saver)

Eligibility

1. To be eligible for this promotion:

• a) You must be a new residential Megatel electricity customer, meaning that you must not have an existing electricity account with Megatel, and your property must not have been powered by Megatel electricity for at least the past 6 months.
• b) You must meet our standard acceptance criteria and sign up for electricity on a 12-month fixed-term contract at your primary residential address.
• c) Your electricity service must be connected at your primary residential address within one month from the date you signed your application. Your primary residential address means the property where you actually live, which is not vacant, not under renovation/construction, and not an investment property or holiday home. If electricity is not connected within one month (for any reason), then this promotion and any supply obligations will automatically cease (and any account credit will be reversed).

Promotion credit

2. This promotion comes with a $150 account credit and a 12-month fixed term supply contract. The account credit will be applied to your energy account and will show on your first bill, and is not transferable, exchangeable, refundable nor redeemable for cash or any other use apart from being applied as a credit to your Megatel energy account.

Pricing and termination fees

3. if you end your supply contract or your service is terminated for any reason before the end of your 12-month contracted supply term, an early termination fee of $150 (including GST) will apply.

4. If you move to a different address during your contracted service term, the early termination fee will not apply:

• a) where you continue to take our service at your new address (in which case, the fixed term contract will transfer to your new address); or
• b) if your new address is where Megatel does not provide electricity services in New Zealand, and you provide us with reasonable evidence of your move (such as a lease agreement, settlement statement, or utility bill for the new address) within 30 days of your move-out date. The waiver will be granted at Megatel’s sole discretion upon verification of the provided documents.

5. Once your electricity connection has been provisioned, your pricing will stay the same for your contracted supply term unless we adjust your pricing:

• a) due to changes to taxes (e.g., GST), levies (including the Electricity Authority Levy and/or Gas Industry Company Levy), the NZ Emissions Trading Scheme, or any other governmental or regulatory changes; or
• b) due to changes in third party costs, for example network company, transmission, and metering charges (which may apply to both the Daily Charge and the Variable Charge components of your electricity pricing); or
• c) if, for any reason, the information we have relied on to set your pricing is incorrect and/or requires amendment (e.g., if your metering set-up or capacity and/or your pricing category is incorrect or changes); or
• d) if your electricity capacity requirements are changed by you or a local network company; or
• e) if you move to a different property.

General

6. Standard acceptance criteria apply. Our standard installation / reconnection fees and additional service charges (published on our website) also apply.

7. Our Promotional Terms and Conditions, General Terms and Conditions, Energy Plan Special Terms on our website apply to this promotion. Please take some time to read them thoroughly. Our Privacy Policy also applies.

This promotion is only valid until 31 December 2025 and Megatel reserves the right to withdraw or amend this promotion without notice at any time.