Meridian disputes $3.5b excess profits claim
Electricity users’ group claims largest supplier is making billions in excess profits.
Meridian Energy is countering claims by the Major Electricity Users Group (MEUG) that it made excess profits of $3.5 billion over the past 20 years, including $1.96b in the past five years. The country’s biggest electricity supplier says the analysis lacks credibility and that industry members
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