Vector depreciation bid rejected in ComCom DPP reset

Vector depreciation bid rejected in ComCom DPP reset
Gavin Evans
By Gavin Evans May 29 (BusinessDesk) - Vector, the country’s biggest electricity distributor, has had its request to accelerate depreciation on its network assets turned down by the Commerce Commission. The company had sought a higher depreciation rate on its network assets to reflect the increased risk it sees to them as more firms and households invest in solar and batteries to reduce their demand from the grid. But the Commerce Commission, in a draft decision today, says it's not inclined to exercise the new discretion it has under...

More Infrastructure

Tonkin and Taylor announce Vanessa Stoddart as chair
Infrastructure

Tonkin and Taylor announce Vanessa Stoddart as chair

Stoddard is a director of the Channel Infrastructure board.

Arise Winston, minister of railways
Policy Analysis

Arise Winston, minister of railways

The NZ First leader has regained ministerial oversight over KiwiRail.

Govt unveils ferry plans
Infrastructure

Govt unveils ferry plans

NZ will get two new ferries, which are expected to start operations in 2029.

Oliver Lewis 11 Dec 2024