OtagoNet (OJV) is the major electricity network services provider for most of Otago.
Covering such a large area from near St Bathans in the North to the Chaslands in the South and inland from the Blue Mountains in the West to Shag Point on the North East coast, our crews do over 100 kilometres of overhead line renewals every year worth about $5.7 million.
In 2019-20, $16.5 million was invested in capital expenditure. The projects are largely replacing lines and rebuilding 11kV and 33kV lines, but also include substation upgrades and work on transformers, amongst other planned works.
OJV has 15,193 customers and a Regulatory Value of $180 million made up of 4,511km of lines and cables and 4,275 distribution transformers, with a capacity of just over 192.7MVA.
Three companies, including TPCL & EIL, formed OJV in 2002 following the purchase of the electricity network assets from the shareholders of the consumer co-operative company Otago Power Ltd.
OJV is now part of the largest electricity network company in the lower South Island after EIL and TPCL bought Marlborough Lines Limited’s 51% share in 2014.
TPCL owns 75.1% of OJV, with EIL holding the other 24.9%.
It is a big job keeping the OJV infrastructure in tip-top shape.
Our asset management strategy to reduce the average age of our network ensures our customers get the safety, security, and reliability of supply they need for their homes and businesses.