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Vector changes approach to loss rental rebates

Loss rental rebates (LRRs) are the difference between the price and quantity of electricity generated and the price and quantity of electricity received, creating a difference in cost, which is only known later on. LRRs are allocated to electricity distributors around the country including Vector in Auckland. This is complicated so stick with us as we try to explain it.

financial results for the year to 30 June 2020

Vector Group (NZX: VCT) is pleased to announce a steady earnings performance for the 12 months to 30 June 2020, with adjusted earnings before interest, tax, depreciation and amortisation (Adjusted EBITDA) [1] of $490.0 million, $4.2 million ahead of FY19.

Full year results 2020 date & investor webcast details

Vector Limited will announce its financial results for the year ended 30 June 2020 on Thursday, 27 August 2020.

Vector and AWS Join Forces to Accelerate the Future of Energy

Strategic alliance to develop New Energy Platform aims to change how energy is managed, delivered, and consumed

Vector welcomes Government investigation into pumped storage

Vector has today welcomed the Government’s plans to push closer towards a 100% renewable electricity system by exploring hydro projects that pump and store water to better manage dry year risks and the intermittency of renewable generation.

Operational Performance for the year ended 30 June 2020

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