Operational performance for the year ended 30 June 2019

OPERATIONAL PERFORMANCE FOR THE
YEAR ENDED 30 JUNE 2019



MARKET RELEASE
19 July 2019
Year ended 30 June

2019 2018 % change
Electricity
Customers
1, 6
571,125 563,076 1.4%
New connections
Net movement in customers
2

11,000
8,049
11,135
7,976
(1.2%)
0.9%
Volume distributed (GWh)

8,410 8,442 (0.4%)
SAIDI (minutes) – 3 months to 30 June
3

Normal operations 46.2
4
62.0 (25.5%)
Extreme events 3.0
5
347.3 (99.1%)
Total 49.2 409.3
6
(88.0%)

Gas Distribution
Distribution customers
1, 7
111,642 109,229 2.2%
New distribution connections
Net movement in distribution customers
2

3,322
2,413
3,165
2,559
5.0%
(5.7%)
Distribution volume (PJ)

14.4 14.5 (0.7%)

Gas Trading
Natural gas sales (PJ)
8
16.1 18.3 (12.0%)
Gas liquid sales (tonnes)
9
79,170 77,656 1.9%
9kg LPG bottles swapped
10

Liquigas LPG tolling (tonnes)
11

658,159
152,206
652,859
183,540
0.8%
(17.1%)

Technology
Electricity: smart meters
1, 12
1,558,291 1,405,936 10.8%

MEDIA RELEASE
19 July 2019

1. As at 30 June.
2. Net number of customers added during the period, includes disconnected, reconnected and
decommissioned ICPs.
3. SAIDI (minutes) for the 3 months ended 30 June 2019 is an unaudited value and subject to
change.
4. Normal Operations SAIDI includes the impact of 1 Major Event Day (MED) at the cap of 3.37 SAIDI
minutes for each event.
5. This is the amount over and above the MED cap.
6. The prior year included the April 2018 storm event.
7. Billable ICPs.
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. 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.
10. Number of 9kg LPG bottles swapped and sold during the year.
11. Product tolled in Taranaki and further tolled in the South Island is counted twice for the purposes of
this metric.
12. The number of smart meters deployed as at 30 June 2019 includes 156,713 meters managed but
not owned by Vector (30 June 2018: 135,284).
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, technology 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:
Elissa Downey
External Relations
Mobile 021-866-146
ANALYST QUERIES:
Cameron Baudinet
Corporate Development
Mobile 021-400-498