Contact Energy June 2026 Operating Report
Key points
- Mass market electricity and gas sales increased by 20.7% year-over-year
- Wholesale electricity sales increased by 30.4% year-over-year
- Unit generation cost decreased by 29.1% year-over-year
- Contact Energy's renewable development projects are on track for completion
- Contact Energy's contracted gas volume for the next 12 months is 7.8PJ
Full summary
Contact Energy's June 2026 operating report highlights a significant increase in mass market electricity and gas sales, up 20.7% year-over-year. Wholesale electricity sales also rose by 30.4% compared to the previous year. Notably, the unit generation cost decreased by 29.1%, reflecting more efficient operations. The report also details ongoing renewable development projects, which are on schedule for completion, and confirms a contracted gas volume of 7.8PJ for the next 12 months. Hydro storage levels are above average, and electricity demand saw a slight decrease compared to the previous year but increased compared to the same period last year.
Guidance
Mass market electricity and gas sales increased by 20.7% year-over-year, wholesale electricity sales by 30.4%, unit generation cost decreased by 29.1%
Outlook
Contact Energy's renewable projects are on track for completion, and the contracted gas volume for the next 12 months is 7.8PJ.
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