Contact Energy customer numbers fall in March

Contact Energy Ltd said it had 460,000 electricity customers as at March 31, down from 478,500 at the same time last year.

The company had 461,500 customers at the end of February.

The numbers were in the company's monthly update for March, which also showed hydro lake storage levels in the South Island at 113% of mean, and in the North Island at 166% of mean.

High storage levels, transmission constraints and lower South Island demand caused the price received for electricity generated in the North Island to be higher than the price for electricity generated in the South Island during March.

NZPA

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

February 20th Morning Report
SCL - Chief Financial Officer Transition
BLS - Strong YTD performance
CEN announces opening of NZ$75 million Retail Offer
AIA - 1H26 Interim Results
February 19th Morning Report
TWL - Share Purchase Plan Results
GMT revaluation, unit buyback and proposed structure update
Devon Funds Morning Note - 17 February 2026
CEN - Contact successfully completes NZ$450m Placement