TPC Consolidated reported a modest 1.7% revenue rise to $196.3 million for FY26 alongside a striking 1247% jump in net profit, buoyed by calmer wholesale energy prices and strategic investments in battery storage and AI.
Meridian Energy's May 2026 report reveals robust hydro storage reaching 125% of historical average by early June, despite a record dry month. Retail sales volumes jumped 7.8% year-on-year, while average generation prices plunged over 60%.