Wholesale electricity prices stable

Wholesale electricity prices were stable during much of the past week as increasing demand coincided with above average inflows to hydro lakes.

Figures out yesterday from electricity market administrator M-co show the seven-day rolling average price at 7.97c a kilowatt hour, down just slightly from 8.09c on Sunday last week.

That compared with 7.99c a month earlier and 8.09c a year ago.