Latest Electric Utilities News

Meridian Energy's August 2025 report reveals a decline in hydro storage levels alongside a notable increase in electricity demand and retail sales, highlighting operational challenges and market dynamics.

AGL Energy has clarified that its FY25 underlying earnings aligned with market forecasts and published guidance, dismissing any material surprises in its financial results. The company also addressed statutory profit volatility and confirmed compliance with ASX disclosure rules.

Contact Energy's July 2025 report reveals stable electricity sales with improved netback prices and significantly reduced generation costs, alongside ongoing investments in renewable projects.

Contact Energy Limited has announced a total dividend of NZD 0.2529 per share for the six months ending June 2025, including an ordinary and supplementary dividend, with a Dividend Reinvestment Plan available.

AGL Energy reported a statutory loss for FY25 but maintained solid underlying profits, while setting ambitious growth and sustainability targets for FY26. The company’s evolving strategy highlights investments in battery storage and renewable capacity as it adapts to market challenges.

Contact Energy's June 2025 report reveals stable mass market electricity and gas sales with improved netback prices, alongside rising wholesale revenues and ongoing renewable energy investments.

Contact Energy's May 2025 report reveals a decline in mass market sales yet highlights improved generation efficiency and rising netback prices, alongside steady progress on key infrastructure projects.

Contact Energy's May 2025 report reveals a decline in mass market sales but improved netback prices and generation efficiency, alongside mixed progress on key infrastructure projects.

Meridian Energy's April 2025 report reveals a notable rise in hydro storage levels and a dip in national electricity demand, alongside a significant increase in generation prices.

Contact Energy has received clearance from the New Zealand Commerce Commission to proceed with its acquisition of Manawa Energy, marking a pivotal step in the country’s energy transition.