Brief: Vector Says Commerce Commission Released Final Decision On Default Price Quality Path
26/11/2019 23:10
Nov 27 (Reuters) - Vector Ltd VCT.NZ :
* COMMERCE COMMISSION RELEASED FINAL DECISION ON DEFAULT
PRICE
QUALITY PATH APPLICABLE TO ELECTRICITY DISTRIBUTION NETWORKS FOR
5 YEAR PERIOD
* DECISION HAS SET VECTOR'S ELECTRICITY NETWORK A MAXIMUM
ALLOWABLE REVENUE OF $389 MILLION FOR REGULATORY YEAR STARTING 1
APRIL 2020
Source text for Eikon: ID:nNZW1lfrfC
Further company coverage: VCT.NZ
((Reuters.Briefs@thomsonreuters.com;))
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