Stephen England-Hall: Chief Retail Officer at Genesis on the reason they're raising their prices for the second time in eight months

Published Jan 23, 2024, 9:18 PM

Electricity prices are continuing to bite as kiwis deal with a scorcher of a summer. 

Genesis Energy is raising its prices for the second time in the span of eight months, increasing rates for 11% of their customers. 

Inflation is being blamed. 

Genesis’ Chief Retail Officer Stephen England-Hall told Tim Dower that the cost of energy is growing with demand, as kiwis seek to decarbonize their lives and increase their electricity usage as a result. 

He said that they’re trying to be as fair and reasonable as they can, as they’re very conscious of the cost-of-living crisis.  

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