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Vector Limited (NS) — Regulatory Filings 2017
Jan 23, 2017
66298_rns_2017-01-24_a2438c27-eb13-46d0-8874-7f0f61408eb1.pdf
Regulatory Filings
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MARKET RELEASE 24 January 2017
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Operational performance for the 6 months ended 31 December 2016
| nded 31 December 2016 | |||
|---|---|---|---|
| 6 months | ended 31 | ||
| December | % change | ||
| 2016 | 2015 | ||
| Electricity | |||
| Customers1, 6 | 552,948 | 547,319 | 1.0% |
| New connections | 4,583 | 3,916 | 17.0% |
| Net movement in customers2 | 2,890 | 2,806 | 3.0% |
| Volume distributed (GWh)3 | 4,340 | 4,368 | (0.6%) |
| SAIDI (minutes) – 9 months to 31 December4 | |||
| Normal operations | 119.8 | 78.3 | 53.0% |
| Extreme events | 2.4 | 0.0 | 0.0% |
| Total | 122.25 | 78.3 | 56.1% |
| Gas Distribution7 | |||
| Distribution customers1, 6 | 105,918 | 102,908 | 2.9% |
| New distribution connections | 1,907 | 1,538 | 24.0% |
| Net movement in distribution customers2 | 1,596 | 1,343 | 18.8% |
| Distribution volume (PJ) | 7.6 | 7.6 | 0.0% |
| Gas Trading | |||
| Natural gas sales (PJ)8 | 9.3 | 9.1 | 2.2% |
| Gas liquid sales (tonnes)9 | 38,557 | 41,120 | (6.2%) |
| 9kg LPG bottles swapped10 | 319,685 | 302,109 | 5.8% |
| Liquigas LPG tolling (tonnes)11 | 77,688 | 86,868 | (10.6%) |
| Technology | |||
| Electricity: smart meters1, 12 | 1,203,482 | 1,044,613 | 15.2% |
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As at 31 December.
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Net number of customers added during the period, includes disconnected, reconnected and decommissioned ICPs.
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Volumes were impacted by the partial closure of a significant industrial customer in October 2015
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The SAIDI audited value for normal operations for the regulatory year ended 31 March 2016 was 117.0 minutes.
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SAIDI (minutes) for the 9 months ended 31 December 2016 is an unaudited value and subject to change. 6. Billable ICPs.
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The group’s gas transmission and non-Auckland gas distribution business (Vector Gas) was sold to First Gas on 20 April 2016. The operating statistics for the period to 31 December 2016 relate only to the Auckland network, and the prior period comparatives have been adjusted accordingly.
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Excludes gas sold as gas liquids. These sales are included within the gas liquids sales tonnages.
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Total of retail and wholesale LPG and natural gasoline.
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Number of 9kg LPG bottles swapped and sold during the year.
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Includes product tolled in Taranaki and further tolled in the South Island.
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The number of smart meters deployed as at 31 December 2016 includes 78,037 meters managed but not owned by Vector (31 December 2015: 32,804).
The Excel version can be found at: http://vector.co.nz/news
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MEDIA RELEASE
24 January 2017
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ENDS
About Vector
Vector is New Zealand’s leading multi-network infrastructure company which delivers energy 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 75.4%, is Entrust (formerly Auckland Energy Consumer Trust).
For further information, visit www.vector.co.nz
MEDIA QUERIES: Melanie Tuala External Relations Mobile 021-518 459
ANALYST QUERIES: Dan Molloy Chief Financial Officer 64-9-213-5179 Mobile 021-441-311
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