β¨ Electricity Information Disclosure
30 SEPTEMBER 2005
NEW ZEALAND GAZETTE, No. 166
4189
DISCLOSURE OF OPTIMAL DEPRIVAL VALUE (ODV) PURSUANT TO REGULATION 19 OF THE ELECTRICITY INFORMATION DISCLOSURE REGULATIONS 2004
ODV as per latest valuation:
| 2005 | 2004 | 2003 | 2002 | |
|---|---|---|---|---|
| $905,101,595 | $905,537,817 | $703,286,496 | $377,155,971 |
Disclosure of Energy Delivery Efficiency Performance Measures and Statistics Pursuant to Electricity Information Disclosure Amendment Requirements 2004, Schedule 1, Part 4, Requirement 20.
20.1 ENERGY DELIVERY EFFICIENCY PERFORMANCE MEASURES
(a) Load Factor
| Year | Powerco |
|---|---|
| 2005 | 67.4% |
| 2004 | 67.2% |
| 2003 | 71.7% |
| 2002 | 65.9% |
(b) Loss Ratio
| Year | Powerco |
|---|---|
| 2005 | 5.58% |
| 2004 | 6.82% |
| 2003 | 6.57% |
| 2002 | 5.86% |
(c) Capacity Utilisation
| Year | Powerco |
|---|---|
| 2005 | 27.5% |
| 2004 | 28.8% |
| 2003 | 25.7% |
| 2002 | 29.44% |
Note:
20.1 (a): 2003 load factor is calculated using the time weighted average method. The load factor calculated using full year actual data is 66.5%.
20.1 (d): 2003 loss ratio is calculated using full year kWh data for Western area, and 5 month (Nov 2002 to Mar 03) kWh data for Eastern area.
It is a time weighted calculation based on actual data.
20.1 (b): Loss ratios depend on information gathered from retailers.
20.1 (c): 2003 capacity utilisation is calculated using the time weighted average method. The capacity utilisation calculated using full-year actual data is 28%.
20.2 STATISTICS
(a) System Length
| Nominal Voltage | 2005 (Powerco Total System Length (km)) | 2004 (Powerco Total System Length (km)) | 2003 (Powerco Total System Length (km)) | 2002 (Powerco Total System Length (km)) |
|---|---|---|---|---|
| 110kV | - | - | - | 1,030.28 |
| 66kV | 151.36 | 150.31 | 62.64 | - |
| 33kV | 1,427.15 | 1,444.60 | 1,153.80 | - |
| 22kV | 120.93 | 107.08 | 107.06 | 107.70 |
| 11kV | 9,592.24 | 9,607.71 | 9,154.54 | 9,378.32 |
| 6.6kV | 440.12 | 442.02 | 442.59 | 446.73 |
| LV | 7,728.17 | 6,940.16 | 6,626.99 | 3,753.62 |
| Total | 230/400V 9,442.98 | 230/400V 7,554.75 | 230/400V 5,893.85 | 4,481.57 |
| 28,811.69 | 24,939.64 | 19,560.11 |
Note: 20.2 (a)-(c): 2003 system lengths are calculated using the weighted average method. The system length (HV and LV) using actual data at the financial year-end is 24,978 km.
(b) Overhead Line Length
| Nominal Voltage | 2005 (Powerco OH Line Length (km)) | 2004 (Powerco OH Line Length (km)) | 2003 (Powerco OH Line Length (km)) | 2002 (Powerco OH Line Length (km)) |
|---|---|---|---|---|
| 110kV | - | - | - | 1,030.28 |
| 66kV | 150.35 | 150.23 | 62.61 | - |
| 33kV | 1,334.35 | 1,343.01 | 1,122.13 | 984.31 |
| 22kV | 120.50 | 106.71 | 108.71 | 107.37 |
| 11kV | 7,829.02 | 7,924.91 | 7,623.32 | 7,705.07 |
| 6.6kV | 244.70 | 245.17 | 252.91 | 254.86 |
| LV | 13,763.22 | 13,763.39 | 10,959.88 | 9,376.37 |
| Total | 230/400V 21,563.63 | 230/400V 20,774.90 | 230/400V 16,272.59 | 14,457.62 |
(c) Underground Line Length
| Nominal Voltage | 2005 (Powerco UG Line Length (km)) | 2004 (Powerco UG Line Length (km)) | 2003 (Powerco UG Line Length (km)) | 2002 (Powerco UG Line Length (km)) |
|---|---|---|---|---|
| 110kV | - | - | - | - |
| 66kV | 1.00 | 0.08 | 0.03 | - |
| 33kV | 92.80 | 101.59 | 31.67 | 45.96 |
| 22kV | 0.43 | 0.36 | 0.35 | 0.33 |
| 11kV | 1,763.22 | 1,682.79 | 1,531.22 | 1,672.25 |
| 6.6kV | 195.42 | 196.85 | 189.68 | 191.87 |
| LV | 3,654.05 | 2,525.50 | 1,693.93 | 1,238.66 |
| Total | 230/400V 5,707.92 | 230/400V 4,507.18 | 230/400V 3,447.81 | 3,149.07 |
Note: The increase in 230/400V System Lengths (both overhead and underground) in 2005 is reflective of the system increase in both the Eastern and Western regions and also due to a backlog of as-built information being processed in the 2004 - 2005 period.
(d) Transformer Capacity (kVA)
| 2005 | 2004 | 2003 | 2002 | |
|---|---|---|---|---|
| Powerco | 2,841,773 | 2,580,877 | 1,816,103 | 1,312,237 |
(e) Maximum Demand (kW)
| 2005 | 2004 | 2003 | 2002 | |
|---|---|---|---|---|
| Powerco | 727,421 | 692,246 | 466,001 | 373,232 |
(f) Total Electricity Entering the System (before losses of electricity), in kilowatt hours
| 2005 | 2004 | 2003 | 2002 | |
|---|---|---|---|---|
| Powerco | 4,231,951,861 | 4,073,819,337 | 2,823,495,350 | 2,077,336,916 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 166
Gazette.govt.nz —
NZ Gazette 2005, No 166
β¨ LLM interpretation of page content
π
Powerco Limited Financial Statements Notes
(continued from previous page)
π Trade, Customs & IndustryFinancial Performance Measures, Operating Surplus, Depreciation, Fixed Assets, Equity, Powerco Limited
π Disclosure of Optimal Deprival Value (ODV) Pursuant to Regulation 19 of the Electricity Information Disclosure Regulations 2004
π Trade, Customs & IndustryOptimal Deprival Value, Electricity, Powerco, Financial Disclosure
π Disclosure of Energy Delivery Efficiency Performance Measures and Statistics Pursuant to Electricity Information Disclosure Amendment Requirements 2004, Schedule 1, Part 4, Requirement 20
π Trade, Customs & IndustryEnergy Delivery Efficiency, Load Factor, Loss Ratio, Capacity Utilisation, Powerco, Statistics