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How Is Contact Energy Slashing Generation Costs While Sales Dip?
7:38am on Wednesday 15th of October, 2025 AEDT
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Energy
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How Is Contact Energy Slashing Generation Costs While Sales Dip?
7:38am on Wednesday 15th of October, 2025 AEDT
Key Points
Mass market electricity and gas sales slightly down year-on-year
Netback prices for electricity improved notably
Wholesale generation volumes and sales declined but unit generation costs fell sharply
Hydro storage levels remain well above average across New Zealand
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