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

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.   LISTEN ABOVE See omnystudio.com/listener for privacy information.