Contact raises retail prices despite tepid demand
Electricity prices will need to rise to justify the cost of a new power station.
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Hawke’s Bay
Fresh from chalking up a rare profit increase, albeit small, from its retail operations, Contact is now lifting retail prices.
That’s despite a backdrop of tepid demand – Contact says demand fell in the first three quarters of the last financial year and the final quarter was a one-in-four-year
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Jenny Ruth
Wed, 16 Aug 2017
Wed, 16 Aug 2017
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Contact raises retail prices despite tepid demand
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