Meridian Energy July 2026 Monthly Operating Report
Key points
- Record July electricity demand in New Zealand
- Hydro storage levels decreased in July
- Retail sales volumes increased by 2.3% year-on-year
Full summary
Meridian Energy's July 2026 monthly operating report highlights record electricity demand in New Zealand, with July 2026 being the highest on record. The company managed to meet this demand through increased renewable generation. Hydro storage levels decreased from 136% to 128% of historical average by 10 August 2026. Despite this, Meridian's July 2026 monthly total inflows were 162% of historical average, and water storage in key catchments remained above average. Retail sales volumes increased by 2.3% compared to July 2025, with notable increases in residential, small medium business, large business, and agricultural sales.
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