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Genesis leaks customers as electricity industry churn intensifies

New Zealand's largest electricity retailer says it wants to compete on service and product innovation rather than price.

Calida Smylie
Wed, 14 Feb 2018

Genesis Energy [NZX: GNE] continues to leak customers as price competition heats up in New Zealand.

The electricity generation retailer lost another 7000 customers in its first half, from a base of about 510,000.

“This is disappointing but it’s an incredibly competitive market,” chief

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Calida Smylie
Wed, 14 Feb 2018
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Genesis leaks customers as electricity industry churn intensifies
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