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Meridian Energy Reports Strong Retail Growth and Hydro Storage as Prices Decline

6:38am on Friday 17th of April, 2026 AEST Energy
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Meridian Energy Reports Strong Retail Growth and Hydro Storage as Prices Decline

6:38am on Friday 17th of April, 2026 AEST
Key Points
  • Retail sales volumes up 11.4% year-on-year in March
  • National hydro storage remains near historical averages with North Island at 180%
  • Electricity futures prices on ASX continue to decline
  • FY26 capital expenditure guidance lowered to $280-$310 million
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