gentailers

Lower wholesale electricity prices drive 50% profit drop for Genesis Energy, despite 14% rise in operating earnings to $518 million

Lower wholesale electricity prices drive 50% profit drop for Genesis Energy, despite 14% rise in operating earnings to $518 million

Meridian Energy reports a turnaround $130 million net profit, promises power price restraint for households and small businesses in the next year and says building new renewable generation and firming assets are key to long-term power price affordability

Meridian Energy reports a turnaround $130 million net profit, promises power price restraint for households and small businesses in the next year and says building new renewable generation and firming assets are key to long-term power price affordability

Mercury Energy boss says residential power price increases will be ‘at or under CPI’ inflation in the year ahead as the state-controlled generator and retailer looks to pass through its transmission and distribution pricing

Mercury Energy boss says residential power price increases will be ‘at or under CPI’ inflation in the year ahead as the state-controlled generator and retailer looks to pass through its transmission and distribution pricing

Mercury Energy’s operating earnings top $1 billion on the back of higher hydro generation, while annual profit surges to $321 million from just $1 million

Mercury Energy’s operating earnings top $1 billion on the back of higher hydro generation, while annual profit surges to $321 million from just $1 million

Contact Energy's annual net profit jumps to over $400 million following Manawa Energy acquisition, unveils Infratil-backed Taranaki data centre proposal

Contact Energy's annual net profit jumps to over $400 million following Manawa Energy acquisition, unveils Infratil-backed Taranaki data centre proposal

Consumer NZ calls for changes to electricity market saying NZ can continue to patch over the problems, or it can redesign the electricity system around customers

Consumer NZ calls for changes to electricity market saying NZ can continue to patch over the problems, or it can redesign the electricity system around customers

Mercury NZ secures 12.7% stake worth $53 million in Datagrid NZ’s $3.5 billion Southland AI datacentre project

Mercury NZ secures 12.7% stake worth $53 million in Datagrid NZ’s $3.5 billion Southland AI datacentre project

Energy Minister Simeon Brown places the cost of planned LNG import facility on power companies, with the Government backing down from electricity levy on consumers

Energy Minister Simeon Brown places the cost of planned LNG import facility on power companies, with the Government backing down from electricity levy on consumers

Responsibility for keeping the lights on to 'sit squarely with the electricity sector,' Energy Minister Simeon Brown says, with plans for LNG import terminal pushing forward, albeit it won't be funded by a levy on power bills

Responsibility for keeping the lights on to 'sit squarely with the electricity sector,' Energy Minister Simeon Brown says, with plans for LNG import terminal pushing forward, albeit it won't be funded by a levy on power bills

Gentailer crackdown: Electricity Authority moves to level the playing field in the electricity market between the so-called gentailers and other retail competitors

Gentailer crackdown: Electricity Authority moves to level the playing field in the electricity market between the so-called gentailers and other retail competitors

The Electricity Authority wants to know more about what's pushing power costs up for households, as it asks companies for more details on electricity prices

The Electricity Authority wants to know more about what's pushing power costs up for households, as it asks companies for more details on electricity prices

NZ First, the Greens and Labour all eyeing change to the gentailer model

NZ First, the Greens and Labour all eyeing change to the gentailer model

Winston Peters says NZ First wants to break up power gentailers ‘so they can no longer control both the power and the price’

Winston Peters says NZ First wants to break up power gentailers ‘so they can no longer control both the power and the price’

Earl Bardsley argues the Government's rush to seek dry year security via LNG should be slowed down

Earl Bardsley argues the Government's rush to seek dry year security via LNG should be slowed down

Government confirms it will buy up to $200 million of new Genesis Energy shares, purchase makes sure the Crown retains 51% of energy gentailer

Government confirms it will buy up to $200 million of new Genesis Energy shares, purchase makes sure the Crown retains 51% of energy gentailer