✨ Electricity Performance Measures




2208 NEW ZEALAND GAZETTE No. 92

TAURANGA ELECTRICITY LIMITED

PERFORMANCE MEASURES AND OTHER INFORMATION

The Regulations require electricity companies which operate a line business to publicly disclose and have available upon request a variety of Financial Reliability and Efficiency Performance Measures and Statistics.

In order to achieve consistency in these measure, and to allow comparisons between electricity company, the Regulations require a number of adjustments to be made to the Financial Statements, thus there can be variations in the Financial Statements supplied in Part B of this disclosure and those calculated in this Part C.

  1. Financial Performance Measures
    The Financial Performance Measures, as per Regulation 13, and Part II, Clause 1 of the First Schedule to the Disclosure Regulations, are:
1997 1996 1995
Accounting return on assets 12.40% 12.37% 11.8%
Accounting return on equity 10.78% 10.95% 9.8%
Accounting rate of profit 11.13% 9.76% 8.1%
  1. Efficiency Performance Measures
    The Efficiency Performance Measures as per Regulation 13 and Part II, Clause 2, of the First Schedule to the Disclosure Regulations are:
1997 1996 1995
Direct line costs per kilometre $3,212.83 $2,775.47 $2,416.14
Indirect line cost per electricity customer $209.49 * $209.68 * $205.03

[* denotes a corrected comparative figure]

  1. Energy Delivery Efficiency Performance Measures - Part III, Clause 1

a] Load Factor

89,117,058 / (21,512 x 8,760) x 100 / 1 = 47.29 45.19 50.82

b] Loss Ratio

2,264,819 / 89,117,058 x 100 / 1 = 2.54 2.60 3.82

c] Capacity Utilisation

21,512 / 51,315 x 100 / 1 = 41.93 41.37 33.55



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