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Contact Energy Cuts Generation Costs as Netback Prices Climb in December
7:44am on Thursday 23rd of January, 2025 AEDT
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Energy
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Contact Energy Cuts Generation Costs as Netback Prices Climb in December
7:44am on Thursday 23rd of January, 2025 AEDT
Key Points
Mass market electricity and gas sales dipped slightly to 274 GWh
Customer netback rose to $156.56/MWh from $145.23/MWh year-on-year
Wholesale electricity sales increased to 699 GWh with generation costs falling to $30.68/MWh
Te Huka 3 and Battery Energy Storage System projects near completion targets
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