April Operating Report

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Stock Contact Energy Ltd (CEN.ASX)
Release Time 12 May 2025, 7:30 a.m.
Price Sensitive Yes
 Contact Energy Releases April Operating Report
Key Points
  • Mass market electricity and gas sales of 284GWh
  • Wholesale electricity sales, including to Customer business, totalled 655GWh
  • Electricity and steam net revenue of $146.59/MWh
  • Unit generation cost, including acquired generation, was $49.48/MWh
Full Summary

Contact Energy Ltd has released its April 2025 operating report, providing an overview of its retail and wholesale performance during the month. In the Customer business, the company recorded mass market electricity and gas sales of 284GWh, with a mass market netback of $148.59/MWh. In the Wholesale business, contracted electricity sales, including to the Customer business, totalled 655GWh, with electricity and steam net revenue of $146.59/MWh. The company's electricity generation, including acquired generation, was 722GWh, with a unit generation cost of $49.48/MWh. The report also provides updates on the progress of the Te Huka 3 project (99.7% vs. 100% target) and the Battery Energy Storage System (BESS) project (66% vs. 74% target). Additionally, the report includes information on hydro storage levels, wholesale electricity pricing, and the company's contracted gas volume for the next 12 months.