Vector launches electrification strategy targeting smarter network use as Auckland power demand rises

• Vector rolled out a refreshed electrification strategy to meet rising power demand from homes, businesses, electric vehicles across Auckland.
• Plan targets higher network utilization via data-driven planning, limiting new builds to areas with demonstrated need to support affordability.
• Five-minute smart meter data coverage set to rise to 95% by 2031 from about 50%, guiding targeted network investment.
• Customer flexibility programs to expand, building on 2,500+ households shifting demand away from peaks for incentives.
• Two new units launched: Nexos for major connections; Catalyst to help commercial customers electrify via equipment replacement, solar, batteries.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vector Limited published the original content used to generate this news brief on September 25, 2026, and is solely responsible for the information contained therein.