Wholesale electricity market summary 25 July 2004
25 July 2004
Spot Market Daily Average Reference Point Prices 0.00 2.00 4.00 6.00 8.00 10.00 27 Apr 12 May 27 May 11 Jun 26 Jun 11
Jul Price (c/kWh)
Otahuhu Haywards Benmore 18-Jul 19-Jul 20-Jul 21-Jul 22-Jul 23-Jul 24-Jul 25-Jul Sun Mon Tue Wed Thu Fri Sat Sun Daily
Average Reference Price (c/kWh) Otahuhu 0.83 2.21 3.48 3.11 4.09 3.84 3.03 2.70 Haywards 0.77 2.00 3.15 2.83 3.75 3.54
2.74 2.47 Benmore 0.69 1.73 2.47 2.59 3.18 3.20 2.34 2.21 18-Jul 19-Jul 20-Jul 21-Jul 22-Jul 23-Jul 24-Jul 25-Jul Sun
Mon Tue Wed Thu Fri Sat Sun Daily Average Reference Price (c/kWh) Otahuhu 0.83 2.21 3.48 3.11 4.09 3.84 3.03 2.70
Haywards 0.77 2.00 3.15 2.83 3.75 3.54 2.74 2.47 Benmore 0.69 1.73 2.47 2.59 3.18 3.20 2.34 2.21
M-co Electricity Price Index (c/kWh) New Zealand 3.01 2.38 2.37 2.36 2.58 2.74 2.85 3.06 The M-co Electricity Price
Index is a demand weighted seven-day rolling average that smoothes out price volatility distortions. The wholesale
electricity price differs from the retail electricity price, which is the price domestic consumers see on their
electricity bill. The wholesale price is only one of the factors that influence retail prices.
ENDS