The cold snap has caused an earthquake in wholesale electricity prices Wednesday morning. Take a look at the the recent and long term wholesale electricity prices. Wholesale electricity Select chart tabs Daily average Haywards Otahuhu monthly average Haywards monthly average Benmore monthly average $/MWHr Source: MCo $/MWHr Source: MCo $/MWHr Source: MCo $/MWHr Source: MCoAnd now look at prices at 8am this morning. This is the sort of change that will rock large industrial electricity consumers. It won't have an immediate impact on retail prices - unless this is indicative of where future trends are heading.

Source: New Zealand Herald May 08, 2024 03:01 UTC