power prices

Majority government owned gentailers generated nearly $600 million in dividend entitlements for the Government during the June 2026 year as power prices rose

Majority government owned gentailers generated nearly $600 million in dividend entitlements for the Government during the June 2026 year as power prices rose

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

Energy Collective's Eleanor Briggs looks at what El Niño reveals about our struggling energy sector

Energy Collective's Eleanor Briggs looks at what El Niño reveals about our struggling energy sector

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

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

New Zealand’s economy is recovering gradually but global turbulence, unemployment, 'subdued' net migration and high electricity prices are impacting momentum, an OECD economic survey report says

New Zealand’s economy is recovering gradually but global turbulence, unemployment, 'subdued' net migration and high electricity prices are impacting momentum, an OECD economic survey report says

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

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

The country's four largest electricity generator-retailers have been given the regulatory go-ahead covering a 10-year period for a dry winter plan involving a fuel reserve and usage of the old Huntly Power Station

The country's four largest electricity generator-retailers have been given the regulatory go-ahead covering a 10-year period for a dry winter plan involving a fuel reserve and usage of the old Huntly Power Station

Commerce Commission ‘provisionally satisfied’ with New Zealand’s largest electricity generator-retailers plans, including the establishment of a strategic energy reserve at Huntly Power Station

Commerce Commission ‘provisionally satisfied’ with New Zealand’s largest electricity generator-retailers plans, including the establishment of a strategic energy reserve at Huntly Power Station

Richard Meade says we should make it harder, not easier, for consumers to change power supplier

Richard Meade says we should make it harder, not easier, for consumers to change power supplier

If one of the Rankine units in Huntly gets removed, wholesale electricity prices could increase by up to 12% between 2026 to 2028, gentailers say

If one of the Rankine units in Huntly gets removed, wholesale electricity prices could increase by up to 12% between 2026 to 2028, gentailers say