Vector warns regulator over likely breach of electricity service quality agreement

Fri, 20 Feb 2015

By Fiona Rotherham Feb. 20 (BusinessDesk) - Vector, the Auckland gas and electricity distribution monopoly, is in discussions with the Commerce Commission over a likely breach of its service quality agreement on its network for the second year in a row. The winter of 2014 was the stormiest on record with the highest ever sustained wind speeds lasting for long periods and that, coupled with the October fire at Transpower’s Penrose substation, which cut power to around 85,000 Auckland businesses and households, had an impact on network reli...

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