![Contact coy over profit guidance](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Contact coy over profit guidance
Contact Energy avoided providing profit guidance for this financial year at its annual meeting in Wellington today.
Contact Energy avoided providing profit guidance for this financial year at its annual meeting in Wellington today.
Electricity company TrustPower has been fined $17,000 for failing to give customers adequate information about low user tariff options.
State-owned power company Genesis Energy has reported a full year loss of $136 million after writing down by $183 million the value of its Huntly power station.
More than 300,000 Auckland power customers could get money next month.
Profits at New Zealand's largest energy distributor, Vector, have risen 16.3 per cent, but the recession means growth in new connections has slowed and volumes are down.