close
MENU
General Business
3 mins to read

Meridian, Contact face big bills to correct UTS

Electricity Authority releases proposal on how best it can correct undesirable trading situation.

Reweti Kohere Thu, 11 Mar 2021

Meridian Energy, the biggest South Island electricity generator, could face an $11.3 million bill to fix an undesirable trading situation (UTS) experienced in the wholesale market more than a year ago.

And the listed powerco isn’t the only power giant facing the expense – Contact Energy

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Reweti Kohere Thu, 11 Mar 2021
Contact the Writer: reweti@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Meridian, Contact face big bills to correct UTS
General Business,
86651
true