Operational Performance for the 6 months ended 31 December

OPERATIONAL PERFORMANCE FOR THE
6 MONTHS ENDED 31 DECEMBER 2018



MARKET RELEASE
23 January 2019
6 months ended 31
December


2018 2017 % change
Electricity
Customers
1, 5
567,009 559,777 1.3%
New connections
Net movement in customers
2

5,160
3,933
6,090
4,677
(15.3%)
(15.9%)
Volume distributed (GWh)

4,390 4,352 0.9%
SAIDI (minutes) – 9 months to 31 December
3

Normal operations
4
156.7 168.1 (6.8%)
Extreme events 361.4 0.0 n/a
Total 518.1 168.1 208.2%

Gas Distribution
Distribution customers
1, 5
110,489 108,270 2.0%
New distribution connections
Net movement in distribution customers
2

1,669
1,260
1,656
1,600
0.8%
(21.3%)
Distribution volume (PJ)

7.7 7.7 0.0%

Gas Trading
Natural gas sales (PJ)
6
8.7 9.6 (9.4%)
Gas liquid sales (tonnes)
7
44,020 40,752 8.0%
9kg LPG bottles swapped
8

Liquigas LPG tolling (tonnes)
9

358,208
81,718
351,962
89,147
1.8%
(8.3%)

Technology
Electricity: smart meters
1, 10
1,480,851 1,333,208 11.1%

MEDIA RELEASE
23 January 2019

1. As at 31 December.
2. Net number of customers added during the period, includes disconnected, reconnected and
decommissioned ICPs.
3. SAIDI (minutes) for the 9 months ended 31 December 2018 is an unaudited value and subject to
change.
4. Normal Operations SAIDI includes the impact of 7 Major Event Days at the cap of 3.37 SAIDI
minutes for each event.
5. Billable ICPs.
6. Excludes gas sold as gas liquids. These sales are included within the gas liquids sales tonnages.
7. Total of retail and wholesale LPG and natural gasoline. Includes wholesale volumes from Kapuni
and retail volumes via OnGas. Product sold from Kapuni to OnGas is counted twice for the purpose
of this metric.
8. Number of 9kg LPG bottles swapped and sold during the year.
9. Product tolled in Taranaki and further tolled in the South Island is counted twice for the purposes of
this metric.
10. The number of smart meters deployed as at 31 December 2018 includes 146,062 meters managed
but not owned by Vector (31 December 2017: 118,961).
The Excel version can be found at: http://vector.co.nz/news

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 75.1%, is Entrust.
For further information, visit www.vector.co.nz



Contact
MEDIA QUERIES:
Richard Llewellyn
External Relations
Mobile 027-523-2362
ANALYST QUERIES:
Dan Molloy
Chief Financial Officer
Mobile 021-441-311