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Meridian, Contact face big bills to correct UTS

Electricity Authority releases proposal on how best it can correct undesirable trading situation.

Reweti Kohere Thu, 11 Mar 2021

Meridian Energy, the biggest South Island electricity generator, could face an $11.3 million bill to fix an undesirable trading situation (UTS) experienced in the wholesale market more than a year ago.

And the listed powerco isn’t the only power giant facing the expense – Contact Energy

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Reweti Kohere Thu, 11 Mar 2021
Contact the Writer: reweti@nbr.co.nz
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Meridian, Contact face big bills to correct UTS
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