Regulatory matters form a critical part of Vector's strategic and operating environment. Vector regularly engages with the:
- Commerce Commission, which regulates Vector’s electricity and Auckland gas businesses
- Electricity Commission, which determines the market and governance arrangements for the electricity industry
- Telecommunications Commissioner, which shapes the regulatory/ commercial environment that Vector Communications operates within
- Gas Industry Company, which makes recommendations to the Minister of Energy on a wide range of industry matters, including rules and regulations in relation to the wholesaling, processing, transmission, distribution and retailing of gas
- Ministry of Economic Development, Treasury, EECA and Ministry for the Environment on broad policy and environmental issues.
We base our regulatory and government relations work in our Wellington office in order to maintain close involvement with the public sector, and also have regulatory staff based in our Auckland office. As a regulated infrastructure company we strive to ensure the regulatory environment we sits in strikes the right balance between consumer and shareholder interests and, in particular, encourages investment and innovation. Investment in particular is critical to economic growth.
We aim to provide constructive input into policy and regulatory processes, focusing on providing approaches and alternatives that contribute to long-term policy stability and, therefore, certainty for our investors and consumers alike.
Our key submissions for the last year are provided here. If you require any additional information about our views on regulatory matters, please contact our regulatory team