Annual Report

MainPower produces and mails out to all shareholders and customers a copy of our Annual Review for the year ending 31 March each year. The company’s Annual Report and Financial Statements are available on the website; hard copies can be posted on request. An Interim Report as at 30 September is prepared, covering the first six months of each financial year. A summary of the Interim Report is also published in local newspapers.

Asset Disclosures

MainPower’s Asset Management Plan documents our asset management risks, objectives, processes and plans with specific focus on service targets, and the development, maintenance and replacement plans for our assets. The plan provides customers and stakeholders with insight and explanation on how we intend to provide electricity distribution services to our consumers over the next ten years. It complies with the requirements of clause 2.6.1 of the Electricity Distribution Information Disclosure Determination 2012.

Loss Code

MainPower

Description

Loss Code

Loss Factor

MainPower Average

M01

1.0630

MainPower 11kV Actual (McAlpines 11kV)

M11

1.0300

Ashley GXP (Daiken GD only)

M12

1.0000

Kaiapoi 11kV Actual (Sutton Tools)

K11

1.0300

Pricing Disclosures

Security of Supply

Disclosure in accordance with the Electricity Industry Participation Code 2010.

Under the above noted regulations, electricity distributors are required to prepare a Participant Outage Plan (POP) which specifies the actions that would be taken to reduce the consumption of electricity in the unlikely event a supply shortage is declared by the Electricity Commission.

The Participant Outage Plan must:

  • comply with the Electricity Industry (Enforcement) Regulations 2010, the Electricity Industry Participation Code 2010 and subsequent amendments; and
  • comply with the requirements of the System Operator Rolling Outage Plan (SOROP); and
  • supplement the System Operator Rolling Outage Plan (SOROP)

Use of System Agreements