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![Poorly installed heat pumps spark deluge of complaints](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Poorly installed heat pumps spark deluge of complaints
Issues being raised include quality of installation, building code compliance and significant power bill increases.
![Contact Energy profits halved to $117m](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Contact Energy profits halved to $117m
Contact Energy has unveiled full year profits of NZ$117.5 million, exactly half last year's NZ$237.1 million after a shocker year of coinciding negative factors.
![Contact Energy profits fall 50pc to $117m](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Contact Energy profits fall 50pc to $117m
Contact Energy has reported a 50.4 per cent fall in full year net profit to $117.5 million, hurt by transmission constraints and the need to buy electricity at high wholesale prices in last winter's drought.
![<i>Grant Bradley:</i> Low power prices? Don't hold your breath](/pf/resources/images/placeholders/placeholder_l.png?d=795)
<i>Grant Bradley:</i> Low power prices? Don't hold your breath
Today's Government review will not see a quick drop in electricity prices, says the Herald's energy writer.
![Lines companies should be allowed to retail power - review](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Lines companies should be allowed to retail power - review
An energy review recommends overturning a ban on lines companies selling electricity, introduced due to fears they would abuse their market power.