Indie retailers power up market complaints against gentailers

Contact CEO Mike Fuge says NZ's electricity market is free and fiercely competitive. (Image: Contact Energy)

Fri, 17 Nov 2023

Independent electricity retailers have laid further complaints against the “big four” energy generator-retailers with the Commerce Commission for alleged abuse of market power, BusinessDesk understands.In September, Electric Kiwi alleged the so-called gentailers Genesis, Mercury, Contact and Meridian were driving out competitors and not giving them access to hedged wholesale contracts to smooth out prices across peak-use periods. BusinessDesk has been told other independents had now complained to the commission, but none w...

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