Operational Performance for the 3 months ended 30 Sept 2019

creating a new energy future


OPERATIONAL PERFORMANCE FOR THE
3 MONTHS ENDED 30 SEPTEMBER 2019


3 Months ended 30
September


2019 2018 % change
Electricity
Customers
1, 6
573,522 564,991 1.5%
New connections
Net movement in customers
2

3,214
2,397
2,635
1,915
22.0%
25.2%
Volume distributed (GWh)

2,363 2,368 (0.2%)
SAIDI (minutes) – 6 months to 30 September
3

Normal operations 92.2
4
100.5 (8.3%)
Extreme events 3.0
5
347.3 (99.1%)
Total 95.2 447.8 (78.7%)

Gas Distribution
Customers
1,6
112,316 109,789 2.3%
New connections
Net movement in customers
2

832
674
800
560
4.0%
20.4%
Distribution volume (PJ)

4.4 4.4 0.0%

Gas Trading
Natural gas sales (PJ)
7
4.3 4.1 4.9%
Gas liquid sales (tonnes)
8
20,820 23,638 (11.9%)
9kg LPG bottles swapped
9

Liquigas LPG tolling (tonnes)
10

164,927
31,361
163,279
31,627
1.0%
(0.8%)

Technology
Electricity: smart meters
1, 11
1,599,717 1,440,345 11.1%

1. As at 30 September.
2. Net number of customers added during the period, includes disconnected, reconnected
and decommissioned ICPs.
3. SAIDI (minutes) for the 6 months ended 30 September 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.
market release
21 October 2019

creating a new energy future


market release
21 October 2019
5. This is the amount over and above the MED cap.
6. Billable ICPs.
7. Excludes gas sold as gas liquids. These sales are included within the gas liquids sales
tonnages.
8. Total of retail and wholesale LPG and natural gasoline.
9. Number of 9kg LPG bottles swapped and sold during the year.
10. The group has revised the methodology for Liquigas LPG tolling to reflect new contractual
terms and calculates product tolling domestic and exports. Product further tolled in South
Island has been removed.
11. The number of smart meters as at 30 September 2019 includes 160,389 meters managed
but not owned by Vector (30 September 2018: 137,229).
The Excel version can be found at: http://vector.co.nz/news


ENDS

Investor contact
Jason Hollingworth, Chief Financial Officer, Vector
Jason.hollingworth@vector.co.nz, 021 312 928

Media contact
Elissa Downey, Senior Manager Corporate Communications, Vector
Elissa.downey@vector.co.nz, 021 866 146


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