Meridian Energy monthly operating report for March 2016

Meridian Energy has released its monthly operating report for the month ended 31 March 2016 (PDF 2MB).

Highlights this month include:

  • In the month to 12 April 2016, national hydro storage increased from 102% to 106% of historical average
  • South Island storage sat at 107% of average and North Island storage at 99% of average on 12 April 2016
  • Meridian’s March 2016 monthly inflows were 115% of historical average
  • Meridian’s Waitaki catchment storage increased from 98% to 110% of historical average at the end of March 2016
  • National electricity demand in March 2016 was 0.8% lower than the same month last year
  • This was driven by Easter 2016 falling in March and higher South Island irrigation
  • Meridian’s retail sales volumes in March 2016 decreased by 1.1% compared to March 2015, as a result of lower corporate sales volumes and higher 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