Gas Distribution Asset Management Plan

Market release
27 June 2025





Gas Distribution Asset Management Plan

Vector today published its Asset Management Plan (AMP) to comply with the Gas
Distribution Information Disclosure Determination 2012.

The AMP covers the ten years from 1 July 2025 to 30 June 2035. The AMP can be
downloaded from Vector’s website (vector.co.nz/about-us/regulatory).

This AMP contains an updated connections forecast that reflects market uncertainty,
scarcity of gas and rising costs. This results in a connections forecast where we see
customers disconnect at a faster rate than new customers connect from FY26, with new
connections stopping in FY29.


ENDS



Media contact
Vector media team
0508 V MEDIA (0508 863 342).



About Vector
Vector is an innovative New Zealand energy company, delivering energy and
communication services to more than 630,000 residential and commercial customers
across New Zealand. Vector has a leading role in creating a new energy future through
its Symphony strategy which puts customers at the heart of the energy system. 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.