Meridian Energy monthly operating report for February 2016

Meridian Energy has released its monthly operating report for the month ended 29 February 2016 (PDF 1.8MB).

Highlights this month include:

  • In the month to 10 March 2016, national hydro storage increased from 90% to 102% of historical average
  • South Island storage sat at 101% of average and North Island storage at 109% of average on 10 March 2016
  • Meridian's February 2016 monthly inflows were 132% of historical average
  • Meridian’s Waitaki catchment storage increased from 93% to 98% of average at the end of February 2016
  • National electricity demand in February 2016 was 2.6% higher than the same month last year
  • This was driven by higher leap year working days with lower South Island irrigation
  • Meridian’s retail sales volumes in February 2016 decreased by 7.5% compared to February 2015, as a result of lower South Island irrigation and lower corporate sales volumes
For investor relations queries, please contact: For media queries, please contact:

Owen Hackston
Investor Relations Manager
021 246 4772

Philippa Norman
External Communications
04 806 4607