Mild weather saps Vector's June-qtr volumes

Thu, 18 Jul 2019

By Gavin Evans July 19 (BusinessDesk) - Mild weather in May and June left Vector’s power and gas volumes for the June year marginally lower than a year earlier. The firm, which benefited from a colder winter in the first half, had said that good electricity volumes during the rest of the year would help push operating earnings toward the top end of the $480-490 million range it had forecast. Electricity volumes had been up 0.6 percent for the nine months to March, but lost ground in the June quarter. They fell to 2,106 gigawatt-hours i...

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