EPISODE · Aug 31, 2023 · 7 MIN
Consumer NZ's signals concern over a historically high profit made by our biggest power companies.
from Matt Heath & Tyler Adams Afternoons · host Newstalk ZB
Consumer NZ's signalling concern over a historically high profit made by our biggest power companies. Meridian, Contact, Genesis and Mercury made a combined 2.7 billion in operating profits in the past year - the largest single-year profit ever.. Consumer NZ estimates during that time, 40 thousand households couldn't afford power. Chief Executive Jon Duffy says making profits is a normal part of business - but consumers also need to be benefit. He joined James Daniels and Tyler Adams on the show. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Consumer NZ's signals concern over a historically high profit made by our biggest power companies.
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