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Weekly Newsletter
for week ending 20/09/2018
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This Weeks Top Stories
Contact posts biggest customer loss in seven years
13 Sep 2018 19:41 Scoop
Sept. 13 (BusinessDesk) - Contact Energy posted its biggest customer loss in seven years last month after its contract with a major commercial client came to an end.  more...
Renewables, market power may force electricity change
14 Sep 2018 18:12 Scoop
Sept. 14 (BusinessDesk) - New Zealand may have to consider changing its wholesale electricity market as increasing volumes of solar and wind energy make it harder to fund traditional large-scale generation, an Auckland academic says.  more...
Meridian axes 'unjustifiable' prompt payment discounts
14 Sep 2018 21:09 Scoop
Sept. 14 (BusinessDesk) - Meridian Energy has axed "unjustifiable" prompt payment discounts, effectively cutting its power prices to all customers by the 10-to-16 percent discount it has traditionally offered to those who pay their electricity ...  more...
Meridian to replace unfair prompt payment discounts
14 Sep 2018 18:02 Scoop
Meridian Energy will replace prompt payment discounts with a monthly guaranteed discount of equal value to all customers from 1 October.  more...
NZ Dollar gets lift on trade talks proposals
13 Sep 2018 11:30 Scoop
Sept. 13 (BusinessDesk) - The New Zealand dollar was trading higher after investor risk appetite was stoked by news that US officials are looking to re-open trade talks with China.  more...
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