Latest Retail Electricity News

Meridian Energy's June 2026 report reveals record-high hydro inflows and storage, robust generation growth, and rising retail sales, offset by sharply lower wholesale prices and rising costs.

Mercury has lifted its FY2026 EBITDAF guidance by 5%, citing better-than-expected renewable generation from hydro and new assets. The upgrade signals disciplined portfolio management but remains sensitive to hydrological variability.

Ampol Limited posted a statutory net loss of $25.3 million for the first half of 2025, impacted by significant items and inventory losses, while continuing to invest in electric vehicle infrastructure and fuel supply chain enhancements.

Meridian Energy's July report reveals a notable decline in hydro storage levels alongside a surge in retail electricity sales, highlighting a complex energy landscape in New Zealand.

Genesis Energy reported a robust FY25 Q4, marking strategic milestones including a non-binding agreement to extend Rankine unit operations to 2035 and the start of Huntly BESS construction, while expanding customer flexibility programs.

Meridian Energy’s June 2025 report reveals hydro storage levels exceeding historical averages and a notable rise in retail electricity sales, despite lower generation prices. The company also signals the end of its smelter demand response agreement.

Ampol Limited is divesting its retail electricity businesses in New Zealand and Australia to sharpen its focus on electric vehicle charging and renewable fuels, aiming for a leaner, more profitable energy future.