Asset Management Plan
PowerNet is responsible for the electricity lines and equipment (or network assets) on behalf of The Power Company Ltd (TPCL) and its stakeholders.
TPCL’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 TPCL are consulted about the service levels they prefer and the price they are willing to pay. This is known as the price/quality trade off or the cost of power supply versus number of power cuts. Customers’ views about service levels are combined with TPCL and the Government’s required service levels to form the foundation of the AMP.
TPCL Directors and PowerNet have to find the right balance between cost to the customer, safety, environmental requirements, service levels and network investment.
The Electricity Distribution Information Disclosure Determination 2012 requires the Plan to be publicly available.
We invite submissions from all stakeholders prior to the next review. This process starts in August each year and the new plan is published by 31st March the following year.
Submissions should be addressed to:
Network Assets Manager
P O Box 1642
You are welcome to download the Asset Management Plan PDF or you can request the Plan on a CD or hardcopy. Remember to include your full mailing address and postal code.