Energy Minister Simeon Brown puts heat on electricity companies to cut power costs in line with big falls in forward prices

Business Reporter·NZ Herald·11 Aug, 2026 05:00 PM4 mins to read‌Energy Minister Simeon Brown has written to the chief executives of the big four power companies – Meridian, Mercury, Genesis and Contact – about big falls in forward electricity prices. Photo / Mark Mitchell Energy Minister Simeon Brown has asked the Electricity Authority to look into whether the big four generator-retailers are passing on substantial falls in forward power prices to consumers quickly enough. Brown has written to the chief executives of the big four power companies – Meridian, Mercury, Genesis and Contact –