• Mass market electricity and gas sales of 365GWh
• Electricity and steam net revenue of $169.49/MWh
• Unit generation cost, including acquired generation, of $49.26/MWh

Contact Energy has released its May 2025 operating report, providing an overview of the company's operational performance. The key highlights include:The Customer business recorded mass market electricity and gas sales of 365GWh, down from 413GWh in May 2024, with a mass market netback of $145.13/MWh, up from $130.41/MWh in the prior year.The Wholesale business recorded contracted Wholesale electricity sales, including that sold to the Customer business, totalling 768GWh, down from 778GWh in May 2024. Electricity and steam net revenue was $169.49/MWh, up from $163.31/MWh in the prior year. Electricity generated (or acquired) was 842GWh, up from 821GWh in May 2024, with a unit generation cost, including acquired generation, of $49.26/MWh, down from $61.80/MWh in the prior year.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 regional demand changes.The company's total customer connections as of May 2025 stood at 642,000, up from 619,000 in the prior year.