Meridian Energy Secures Water Reserve Boost | Auckland News

Auckland News Today | 2 Min News | The Daily News Now! · Jul 2, 2026 · 1m

Meridian Energy just won approval to access hidden water reserves at Lake Pūkaki for three years — a major move to guard against power shortages during dry spells. With hydro making up 60% of our electricity and storage limits tight, this buffer could be crucial. They’ll use it sparingly, only if absolutely necessary, and are also reinforcing the dam to protect it. While rising bills sting, the CEO says prices will ease with new off-peak pricing rules and big investments in future energy sources. If you’re feeling the squeeze, they’re urging customers to reach out. Listen in comfort:Get a…