Electricity price rises on way despite jump in profit - News Summed Up

Electricity price rises on way despite jump in profit


Photo: Supplied / Genesis EnergyGenesis Energy cannot guarantee its customers won't receive further price increases this year. It comes as customers are told their electricity prices will increase at the end of March. Despite Johns saying there wouldn't be any, England-Hall said he couldn't guarantee there would be no further price increases in 2026. England-Hall said "no one was very happy or thrilled" about price increases but inflation was driving it and it was beyond their control. "Over the last few years we've had price increases that we've tried to hold.


Source: Otago Daily Times February 24, 2026 12:10 UTC



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