VCT
23/04/2015 08:30
QUARTER
PRICE SENSITIVE
REL: 0830 HRS Vector Limited
QUARTER: VCT: Operational performance for the nine months ended 31 March
Nine months ended 31 March
% change
2015 2014
Electricity
Customers1, 2 542,826 537,757 0.9%
New connections
Net movement in customers3 5,626
3,672 4,504
3,324 24.9%
10.5%
Volume distributed (GWh) 6,266 6,143 2.0%
SAIDI (minutes) - 12 months to 31 March4, 10
Normal operations 155 141 9.9%
Extreme events11 339 10 3,290.0%
Total 494 151 227.2%
Gas Transportation
Distribution customers1, 5 162,252 158,735 2.2%
New distribution connections
Net movement in distribution customers3 2,905
2,514 2,899
1,783 0.2%
41.0%
Distribution volume (PJ) 16.8 16.3 3.1%
Transmission volume (PJ)6 84.3 82.8 1.8%
Gas Wholesale
Natural gas sales (PJ)7 16.0 18.5 (13.5%)
Gas liquid sales (tonnes)8 52,095 52,742 (1.2%)
Liquigas LPG tolling (tonnes)9 141,278 123,505 14.4%
Technology
Electricity: smart meters1, 12 911,961 638,517 42.8%
1. As at 31 March.
2. The electricity customer number as at 31 March 2014 has been restated to
remove 4,799 ICPs following a data cleanse by retailers. There was no
consumption for any of these ICPs in the current period.
3. Net number of customers added during the period, includes disconnected,
reconnected and decommissioned ICPs.
4. Regulatory year - 12 months to 31 March.
5. Billable ICP's.
6. Billable volumes.
7. Excludes gas sold as gas liquids as these sales are included within the
gas liquids sales tonnages.
8. Total of retail and wholesale LPG and natural gasoline.
9. Includes product tolled in Taranaki and further tolled in the South
Island.
10. SAIDI (minutes) for 12 months ended 31 March 2015 is an unaudited value
and subject to change.
11. In the 12 months to 31 March 2015 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 the Penrose Grid Exit Point.
12. 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:00263431 For:VCT Type:QUARTER Time:2015-04-23 08:30:58
