Vector settles with ComCom on reliability breaches

Tue, 09 Oct 2018

By Gavin Evans Oct. 10 (BusinessDesk) - Vector has agreed a settlement with the Commerce Commission for breaches of its network quality standards in 2015 and 2016. The company, the country’s biggest electricity distributor, said the breaches for those years also reflected increased storm frequency, slower response times due to increased Auckland’s traffic congestion, and the company’s decision to reduce live-line work as a safety measure. “A penalty hearing will take place in due course at which the details of the settlement will be he...

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