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3 Jul 2025 16:48
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  •   Home > News > Business

    One of the country's largest electricity generators and retailers is adamant the market is working as it should be

    One of the country's largest electricity generators and retailers is adamant the market is working as it should be


    The Electricity Authority and Commerce Commission are continuing to look into accusations of price gouging by so-called "gentailers" -- companies that both generate electricity and provide it to consumers.

    It comes after four mills announced they were either downsizing or planning on shutting entirely, blaming soaring prices.

    Contact Energy chief executive Mike Fuge says Government interventions will slow the market down.

    © 2025 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    Tupou Vaa'i has been tasked with moving to the blindside flank in a new-look All Blacks pack for Saturday's first test of the year against France More...


    BUSINESS BUSINESS
    Consumer spending's continuing to pick up More...



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