Nine months ended 31 March

% change

2016

2015

Electricity

Customers1, 2, 6

548,279

542,826

1.0%

New connections

Net movement in customers3

5,855

3,766

5,626

3,672

4.1%

2.6%

Volume distributed (GWh)

6,273

6,266

0.1%

SAIDI (minutes) - 12 months to 31 March4

Normal operations

117.6

155.3

(24.3%)

Extreme events

7.9

341.0

(97.7%)

Total

125.55

496.2

(74.7%)

Gas Transportation 7

Distribution customers1, 6

165,838

162,252

2.2%

New distribution connections

Net movement in distribution customers3

2,993

2,373

2,905

2,514

3.0%

(5.6%)

Distribution volume (PJ)

17.4

16.8

3.6%

Transmission volume (PJ)8

77.0

84.3

(8.7%)

Gas Trading

Natural gas sales (PJ)9

12.6

16.0

(21.3%)

Gas liquid sales (tonnes)10

56,835

52,095

9.1%

9kg LPG bottles swapped11

Liquigas LPG tolling (tonnes)12

427,723

130,912

380,210

141,278

12.5%

(7.3%)

Technology

Electricity: smart meters1, 13

1,086,508

913,566

18.9%

  1. As at 31 March.
  2. Theelectricity customer number as at 31 March 2015 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. SAIDI (minutes) for the 12 months ended 31 March 2016 is an unaudited value and subject to change.
  6. Billable ICP's.
  7. The group's gas transmission and non-Auckland gas distribution business (Vector Gas) were sold to First Gas on April 20, 2016. This will be the last operating statistics release that includes statistics from the Vector Gas business. The operating statistics for the period to 30 June 2016 will not include gas transmission volumes whilst gas distribution volumes will only relate to the Auckland network.
  8. Based on billable volumes.
  9. Excludes gas sold as gas liquids as these sales are included within the gas liquids sales tonnages.
  10. Total of retail and wholesale LPG and natural gasoline.
  11. Number of 9kg LPG bottles swapped and sold during the nine month period.
  12. Includes product tolled in Taranaki and further tolled in the South Island.
  13. The number of smart meters deployed as at 31 March 2016 includes 45,080 meters managed but not owned by Vector. The number of smart meters disclosed as deployed at 31 March 2015 has been restated to include 1,605 meters managed but not owned by Vector.

VCT Market Release Q3 21 April 2016

Vector Limited issued this content on 21 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 April 2016 21:08:02 UTC

Original Document: https://vector.co.nz/newsdisplay/Operational-performance-for-the-nine-months-ended-31-March-2016