VCT
23/01/2015 08:40
GENERAL
PRICE SENSITIVE
REL: 0840 HRS Vector Limited
GENERAL: VCT: Operational performance for the 6 months ended 31-12-14
Six months ended 31 December
% change
2014 2013
Electricity
Customers1 547,128 541,444 1.0%
New connections
Net movement in customers2 3,780
3,175 3,003
2,212 25.9%
43.5%
Volume distributed (GWh) 4,337 4,271 1.5%
SAIDI (minutes) - 9 months to 31 December3, 9
Normal operations 116.9 105.1 11.2%
Extreme events10 348.2 9.8 3,453.1%
Total 465.1 114.9 304.8%
Gas Transportation
Distribution customers1, 4 161,752 158,315 2.2%
New distribution connections
Net movement in distribution customers2 2,112
2,014 2,039
1,363 3.6%
47.8%
Distribution volume (PJ) 12.1 11.6 4.3%
Transmission volume (PJ)5 58.0 59.3 (2.2%)
Gas Wholesale
Natural gas sales (PJ)6 12.5 13.0 (3.8%)
Gas liquid sales (tonnes)7 37,580 36,659 2.5%
Liquigas LPG tolling (tonnes)8 99,628 84,528 17.9%
Technology
Electricity: smart meters1, 11 884,453 597,596 48.0%
1. As at 31 December.
2. The net number of customers added during the period, includes
disconnected, reconnected and decommissioned ICPs.
3. Regulatory year - 9 months to 31 December.
4. Billable ICP's.
5. Billable volumes.
6. Excludes gas sold as gas liquids as these sales are included within the
gas liquids sales tonnages.
7. Total of retail and wholesale LPG and natural gasoline.
8. Includes product tolled in Taranaki and further tolled in the South
Island.
9. This is an unaudited value and subject to change.
10. In the nine months to 31 December 2014 we have experienced four extreme
events. Three were caused by extreme weather conditions with wind speeds
peaking at 78 km/h in April, 104 km/h in June and 109 km/h in July. These
weather events caused widespread damage and were the highest winds Auckland
had experienced in the last 10 years. The fourth extreme event was caused by
a fire in the cable trench at Transpower's Penrose substation.
11. On 1 December 2014, Vector acquired Arc Innovations Limited, Meridian
Energy's smart metering business which increased the number of smart meters
by 139,118.
The Excel version can be found at: http://vector.co.nz/news
End CA:00259985 For:VCT Type:GENERAL Time:2015-01-23 08:40:15
