Contact, Meridian and Genesis outline multibillion-dollar transition plans – and the politics to match

Hydro remains the backbone of the electricity system. (Image: NZME)

Fri, 28 Nov 2025

Three of the four major electricity companies have outlined ambitious investment plans for the next decade, promising to keep paying healthy dividends even as they spend heavily.The real test of those strategies may come not from investors but from politicians – how much appetite there will be for household and business bill increases, and whether the public will tolerate forecast returns for shareholders alongside rising prices.Contact, Meridian, and Genesis (with Mercury the only gentailer not to brief investors in the past week) all pr...

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