Operational performance for 6 months ended 31 December 2016

Operational performance for the 6 months
ended 31 December 2016


6 months ended 31
December

% change
2016 2015


Electricity


Customers
1, 6
552,948 547,319 1.0%
New connections
Net movement in customers
2

4,583
2,890
3,916
2,806
17.0%
3.0%
Volume distributed (GWh)
3
4,340 4,368 (0.6%)
SAIDI (minutes) – 9 months to 31 December
4


Normal operations 119.8 78.3 53.0%
Extreme events 2.4 0.0 0.0%
Total 122.2
5
78.3 56.1%


Gas Distribution
7



Distribution customers
1, 6
105,918 102,908 2.9%
New distribution connections
Net movement in distribution customers
2

1,907
1,596
1,538
1,343
24.0%
18.8%
Distribution volume (PJ)

7.6 7.6 0.0%


Gas Trading


Natural gas sales (PJ)
8
9.3 9.1 2.2%
Gas liquid sales (tonnes)
9
38,557 41,120 (6.2%)
9kg LPG bottles swapped
10

Liquigas LPG tolling (tonnes)
11

319,685
77,688
302,109
86,868
5.8%
(10.6%)


Technology


Electricity: smart meters
1, 12
1,203,482 1,044,613 15.2%

1. As at 31 December.
2. Net number of customers added during the period, includes disconnected, reconnected and decommissioned ICPs.
3. Volumes were impacted by the partial closure of a significant industrial customer in October 2015
4. The SAIDI audited value for normal operations for the regulatory year ended 31 March 2016 was 117.0 minutes.
5. SAIDI (minutes) for the 9 months ended 31 December 2016 is an unaudited value and subject to change.
6. Billable ICPs.
7. The group’s gas transmission and non-Auckland gas distribution business (Vector Gas) was sold to First Gas on 20 April 2016.
The operating statistics for the period to 31 December 2016 relate only to the Auckland network, and the prior period
comparatives have been adjusted accordingly.
8. Excludes gas sold as gas liquids. These sales are included within the gas liquids sales tonnages.
9. Total of retail and wholesale LPG and natural gasoline.
10. Number of 9kg LPG bottles swapped and sold during the year.
11. Includes product tolled in Taranaki and further tolled in the South Island.
12. The number of smart meters deployed as at 31 December 2016 includes 78,037 meters managed but not owned by Vector
(31 December 2015: 32,804).
The Excel version can be found at: http://vector.co.nz/news

MARKET RELEASE
24 January 2017

MEDIA RELEASE
24 January 2017

ENDS


About Vector

Vector is New Zealand’s leading multi-network infrastructure company which delivers energy and communication
services to more than one million homes and businesses across the country.

Vector is listed on the New Zealand Stock Exchange with ticker symbol VCT. Our majority shareholder, with
voting rights of 75.4%, is Entrust (formerly Auckland Energy Consumer Trust).

For further information, visit www.vector.co.nz



Contact

MEDIA QUERIES:
Melanie Tuala
External Relations
Mobile 021-518 459
ANALYST QUERIES:
Dan Molloy
Chief Financial Officer
64-9-213-5179
Mobile 021-441-311