Meridian Energy monthly operating report for January 2016

Meridian Energy has released its monthly operating report for the month ended 31 January 2016 (PDF 1.7MB).

Highlights this month include:

  • National hydro storage increased to 90% of historical average by 11 February 2016
  • South Island storage sat at 87% of average and North Island storage at 113% of average on 11 February 2016
  • Meridian's January 2016 monthly inflows were 85% of historical average
  • Meridian’s Waitaki catchment storage decreased from 97% to 93% of average at the end of January 2016
  • National electricity demand in January 2016 was 3.4% lower than the same month last year
  • This was driven by North Island demand growth and lower South Island irrigation with rainfall during January 2016
  • Meridian’s retail sales volumes in January 2016 decreased by 13.9% compared to January 2015, largely as a result of lower South Island irrigation
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