Asset management plan

PowerNet is responsible for the stewardship of the electricity lines and equipment, known as assets, on behalf of Electricity Invercargill Ltd (EIL) and its stakeholders.

EIL’s Asset Management Plan (AMP) details how PowerNet intends to build, maintain and reinforce the distribution network over the next 10 years while meeting agreed service, safety, quality and profitability targets.

Customers of EIL are consulted about the service levels they prefer and the price that they are willing to pay. This is known as the price / quality trade off (more simply, the cost of power supply versus the number of power cuts). Customers’ views about service levels are combined with EIL and the Government’s required service levels to form the foundation of the AMP.

EIL Directors and PowerNet have to find the right balance between the cost to the customer, safety, environmental requirements, service levels and network investment.

The Electricity Distribution Information Disclosure Determination 2012 requires the AMP to be publicly available.

The AMP looks ahead for the next 10 years and is updated annually.