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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
1 mins to read

Electric Kiwi calls halt on new customers

Retailer says a wholesale market failure is restricting its ability to compete.

Electric Kiwi chief executive Luke Blincoe.

Tim Hunter Thu, 18 Jul 2024

Small electricity retailer Electric Kiwi says a lack of hedging products offered by generators in the wholesale market has forced it to stop taking on new customers.

Chief executive Luke Blincoe said although risk management products for base load could be accessed on the ASX, peak load risk could

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Tim Hunter Thu, 18 Jul 2024
Contact the Writer: thunter@nbr.co.nz
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Electric Kiwi calls halt on new customers
General Business,
104937
true