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22 Jan 2026 19:36
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  •   Home > News > Business

    A wet spring and early summer is good news for the energy market - for 2026

    A wet spring and early summer is good news for the energy market - for 2026


    Meridian Energy's recent operating report shows generation volumes are up 13 percent - and retail sales 12 percent higher than the first half of the last financial year

    Storage is above the long-term average, leading to extended spilling into hydro-storage catchments.

    CEO Mike Roan says this means savings for commercial customers - but not for residential, whose bills will increase - driven by Commerce Commission-approved lifts to distribution charges.

    © 2026 Newstalk ZB, NZCity

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