Latest from Contact Energy

'Real concern': Expert says Kiwis won’t see 'material change' in power prices after Govt review

The Government's energy plans are 'tinkering around the edges' – Labour's Megan Woods.

Dry year cover: Commission backs deal to keep Huntly generators online

Genesis had warned it would retire Rankine Unit 2 in January 2026 without a deal.

‘The market created this’: Big power buyers warn of grid vulnerability

The long awaited Frontier Report on the electricity sector is due out this week.

'We will all run dry': Locals warn fast-track energy plan risks water supply

A 2023 council report warned drops could cut off Hāwea Flat’s drinking water.

'The market is not broken': Contact pushes back on reform calls

Contact chairman Rob McDonald says lower prices depend on building new power capacity.

'Build more renewables': Contact's strategy for energy stability

Retail power prices rose 11% in the year to July, gas prices up 14%.

Market close: Comvita buzzing after takeover bid

The S&P/NZX 50 Index climbed 0.63% to close at 12,970.64.

Top KiwiSaver funds named amid strong market returns

ANZ had the biggest market share of Kiwisaver in the June quarter, followed by ASB.

NZ's big four power companies team up to stockpile coal

NZ's gentailers are joining forces to stockpile coal at Huntly Power Station, in a bid to keep the lights on and manage power usage.