Vector is pleased to learn today that its submission for co-funding of a range of smart chargers on Waiheke Island has been approved

The release today of the Electricity Authority’s report on transmission pricing methodology (TPM) confirms Vector’s firm view that a Government Policy Statement is needed to shape a transmission pricing regime that is fair for all New Zealanders.

Vector, New Zealand’s largest electricity distributor, has today welcomed the Government’s proposed plan to encourage more New Zealanders into electric vehicles (EVs) using price incentives.

Vector is backing a more holistic approach to energy resilience amid mounting evidence that new technology will play an ever-increasing role in meeting customers’ evolving energy needs.

The world of energy is changing rapidly through innovation and new technology, especially when it comes to the electrification of transport in the city of Auckland.

Loss rental rebates (LRRs) are the surplus created once the costs in the electricity wholesale market have been worked out. We receive this as a credit note from Transpower.