March 2025 Operating Report

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Stock Contact Energy Ltd (CEN.ASX)
Release Time 7 Apr 2025, 7:30 a.m.
Price Sensitive Yes
 Contact Energy reports March 2025 operating results
Key Points
  • Mass market electricity and gas sales of 282GWh
  • Wholesale electricity sales, including to Customer business, totalled 701GWh
  • Unit generation cost, including acquired generation, was $70.12/MWh
Full Summary

Contact Energy has released its March 2025 operating report, providing an overview of the company's performance during the month. In the Customer business, mass market electricity and gas sales totaled 282GWh, down from 297GWh in March 2024, with a mass market netback of $182.13/MWh, up from $142.10/MWh in the prior year. The Wholesale business recorded contracted electricity sales, including to the Customer business, of 701GWh, down from 740GWh in March 2024. Electricity and steam net revenue was $135.72/MWh, up from $129.99/MWh. Electricity generated (or acquired) was 767GWh, up from 749GWh, with a unit generation cost, including acquired generation, of $70.12/MWh, up from $60.74/MWh. The report also provides updates on the progress of the Te Huka 3 and Battery Energy Storage System (BESS) projects, as well as information on hydro storage levels, wholesale electricity pricing, and the company's contracted gas volume. The report covers operational data for the month, quarter, and nine-month period ending March 2025.