Trustpower

ELECTRIC DREAMS: Electric Kiwi MD and co-founder Julian Kardos

Retail minnow trying to disrupt electricity pond

Fri 1 Jul

Two things have happened to bust open the electricity market: the advent of the Electricity Authority in 2011, to referee the market and foster retail competition, and the advent of smart meters, which over the past few years have found their way into most urban homes.

KCE chairman Toby Stevenson

Trustpower-controlled King Country Energy reports $8.1m profit

Wed 15 Jun

The company, which operates four hydro stations in the King Country and one in Manawatu, is now controlled by Trustpower, which built up a 65 percent stake in the business over the summer.

Trustpower chief executive Vince Hawksworth

TrustPower will 'vigorously' fight loss of revenue from TPM proposal

Thu 19 May 2

Trustpower's annual revenue includes about $25 million of avoided cost of transmission payments.

Toulouse School of Economics professor Thomas-Olivier Leautier

Real-time electricity pricing more profitable – but few retailers offer it

Fri 6 May 9

Some have been slower than others to roll out smart meters but none of the major retailers are offering real-time electricity pricing. With special feature audio.

Trustpower chief executive Vince Hawksworth

Trustpower earnings dip on weak electricity demand, marketing costs

Fri 29 Apr

Ebitdaf came in 1 percent lower than last year at $329 million.

Craigs Investment Partners head of institutional research Grant Swanepoel

Retail electricity margins have probably hit rock bottom

Mon 4 Apr 1

Electricity retailers can maybe look forward to slightly fatter profit margins in the short term. With special feature audio.

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