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Why Are Contact Energy’s Sales Falling Despite Rising Prices and Efficiency?
8:43am on Tuesday 17th of June, 2025 AEST
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Energy
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Why Are Contact Energy’s Sales Falling Despite Rising Prices and Efficiency?
8:43am on Tuesday 17th of June, 2025 AEST
Key Points
Mass market electricity and gas sales down 12% year-on-year
Netback prices for customer and wholesale businesses increased
Electricity generation rose with lower unit generation costs
Te Huka 3 project nearly on target; Battery Energy Storage System lags
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