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Operational Performance for 9 Months Ended 31 March 2019

Operational Update22 April 2019VCTUtilities

OPERATIONAL PERFORMANCE FOR THE
9 MONTHS ENDED 31 MARCH 2019




MARKET RELEASE

23 April 2019

9 months ended 31

March



2019 2018 % change

Electricity

Customers

1, 5

568,897 561,233 1.4%

New connections

Net movement in customers

2


7,889

5,821

8,421

6,133

(6.3%)

(5.1%)

Volume distributed (GWh)


6,304 6,264 0.6%

SAIDI (minutes) – 12 months to 31 March

3


Normal operations

4

198.6 226.2 (12.2%)

Extreme events 347.1 31.2 n/a

Total 545.7 257.4 112.0%


Gas Distribution

Distribution customers

1, 5

110,867 108,738 2.0%

New distribution connections

Net movement in distribution customers

2


2,374

1,638

2,137

2,068

11.1%

(20.8%)

Distribution volume (PJ)


10.6 10.5 1.0%


Gas Trading

Natural gas sales (PJ)

6

12.0 14.0 (14.3%)

Gas liquid sales (tonnes)

7

59,278 56,615 4.7%

9kg LPG bottles swapped

8


Liquigas LPG tolling (tonnes)

9


508,157

115,064

495,205

129,340

2.6%

(11.0%)


Technology

Electricity: smart meters

1, 10

1,517,677 1,362,210 11.4%



MEDIA RELEASE

23 April 2019


1. As at 31 March.

2. Net number of customers added during the period, includes disconnected, reconnected and

decommissioned ICPs.

3. SAIDI (minutes) for the 12 months ended 31 March 2019 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 March 2019 includes 151,472 meters managed but

not owned by Vector (31 March 2018: 125,472).

The Excel version can be found at: http://vector.co.nz/news


ENDS








About Vector


Vector is New Zealand’s leading network infrastructure company which runs a portfolio of

businesses delivering energy and communication services to more than one million homes

and commercial customers across the country. Vector is leading the country in creating a

new energy future for customers and continues to grow and invest in the growth of Auckland

and in a wide range of activities and locations. 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:

Elissa Downey

External Relations

Mobile 021-866-146

ANALYST QUERIES:

Cameron Baudinet

Corporate Development

Mobile 021-400-498

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.