UPDATE: Genesis Energy sees growth in electricity retailing as customer numbers stabilise

Tue, 20 Oct 2015

(Updates customer numbers in second paragraph to reflect latest quarterly report) By Jonathan Underhill Oct. 20 (BusinessDesk) - Genesis Energy said it has seen growth in electricity sales in the first three months of the new financial year after New Zealand's biggest electricity and gas retailer halted a slide in customers in the face of "aggressive" competition. The company's total customers rose 0.1 percent to 652,523 in the three months ended Sept. 30, from a year earlier. Electricity customers rose 0.3 percent to 521,035 and gas c...

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