Jan 11, 2018 - Nelson-based power retailer NextGen Energy announces it is now accepting Bitcoin for payment of electricity bills. The social enterprise company operates as a not-for-profit, uniquely donating all net profits to local schools and charities. “NextGen Energy is creating disruptive opportunities within the NZ electricity sector, and actively pursues the adoption of new technologies.” says Tom Wheatley, CEO, “NextGen is already supplying power to a number of crypto-currency mining operations, and the ability to pay for the power in Bitcoin simply makes sense. We are now extending this option to all our customers.”
The company is also active in developing blockchain based technology applications for data transfer, meter reading and peer to peer trading applications, as well as electric vehicle charging payments.
This move by NextGen makes them the first power company in NZ to accept Bitcoin payments.
| A NextGen release || January 12, 2018 |||