Operational Performance for 9 Months Ended 31 March 2019
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.