Contact Energy Releases June Operating Report
Key points
- Customer business recorded mass market electricity and gas sales of 410GWh
- Wholesale business recorded contracted wholesale electricity sales of 810GWh
- Electricity and steam net revenue of $186.08/MWh
Full summary
Contact Energy's June 2025 operating report provides a detailed overview of the company's performance during the month. The Customer business recorded mass market electricity and gas sales of 410GWh, compared to 416GWh in June 2024, with a mass market netback of $146.32/MWh, up from $126.34/MWh in the prior year. The Wholesale business recorded contracted wholesale electricity sales, including that sold to the Customer business, totalling 810GWh, up from 795GWh in June 2024. Electricity and steam net revenue was $186.08/MWh, compared to $167.12/MWh in the prior year. The report also includes information on electricity generation, unit generation costs, and hydro storage levels. Additionally, the report provides updates on Contact's renewable development projects, including the Glenbrook BESS, Kowhai Park Solar, and Te Mihi Stage 2 geothermal projects.
Guidance
Contact's contracted gas volume (including contracted swaps) for the next 12 months is 7.5PJ.
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