Gentailers' earnings: Don't look back in anger

The fate of electricity companies relies on lake levels such as those at Pukaki. (Image: NZME)

Fri, 14 Feb 2025

The major electricity companies’ half-year results will reflect the varying impacts of the energy crunch last winter, but they will also be looking to the challenges presented as colder seasons approach.Contact kicks off reports next Monday, with the rest following over the next two weeks.The early part of the first half of the 2025 financial year ending Dec 31 was dominated by low hydro lakes, light winds and a scramble for expensive gas, coal and even diesel to fill the gaps.However, it was a half financial year of two quarters, with th...

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