27 Aug 2021

Power profits up for Big Five

From Nine To Noon, 9:20 am on 27 August 2021
Photo Picture of the Classic Electricity Pylon Pole

Photo: 123RF

The big five power companies have posted positive results for the year, while smaller outfits are turning customers away and struggling to survive.

Earlier this week a 15-strong group of New Zealand's major industries released a report analysing the trend towards 'super profits' at Meridian since 2002, fanning the flame for sector reform.

Kathryn speaks with Executive director of the Major Energy Users Group, John Harbord.