Meridian Energy September 2026 Monthly Operating Report
Key points
- Despite mild weather, hydro storage and inflows remained above historical averages.
- Meridian's retail sales volumes decreased by 6.4% compared to September 2025.
- Over 245,000 customers migrated to the Kraken platform.
Full summary
Meridian Energy's September 2026 monthly operating report highlights that despite mild weather conditions, the company maintained high levels of hydro generation due to inflows and lake storage above historical averages. However, retail sales volumes decreased by 6.4% compared to September 2025. Additionally, the company reported a slight increase in customer connections, with over 245,000 customers migrated to the Kraken platform. The report also noted that Meridian's total capital expenditure guidance for the 2027 financial year remained unchanged at $370 million to $410 million.
Guidance
Meridian Energy's total capital expenditure guidance for 2027 remains at $370 million to $410 million.
Outlook
Meridian Energy expects to maintain high levels of hydro generation due to favorable inflows and lake storage conditions.
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