30 Jun 2020

Meridian chose not to turn excess water into electricity

From Midday Report, 12:15 pm on 30 June 2020

The Electricity Authority has found that consumers paid about $80 million too much for power at the end of last year.

It found Meridian Energy unnecessarily spilled excess water that it could've generated into power, following a complaint from seven smaller companies.

One of the complainants was Flick Electric.

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Photo: Supplied

Its chief executive, Steve O'Connor, spoke to Māni Dunllop about why they took their concerns to the Authority.