Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


TrustPower Takes Close Look At Metering Options

TrustPower Takes Close Look At Metering Options

Listed electricity retailer/generator and telco provider TrustPower has gone to the market with a smart meter Request for Information (RFI).

The purpose of the RFI is to seek information from the market around:

• the smart metering technologies and capabilities currently available in the NZ market (TrustPower believes there has been a recent decrease in technology costs);
• potential business models that could be pursued (i.e. could TrustPower buy and operate the meters itself or take a service, or a mixture of the two);
• what propositions could be offered to TrustPower’s retail customers through the use of smart metering

The RFI requests proposals with respect to TrustPower’s retail customer base only (206K ICPs).

TrustPower will use the RFI process to determine whether or not there is a business case/proposition to transition some (or all) of its retail customers on to advanced metering. If the process shows that a business case does exist, TrustPower would then look to undertake a pilot/proof of concept towards the end of 2013 calendar year.

Simon Clarke, TrustPower’s General Manager Business Solutions and Technology, says TrustPower has not made any decision to transition its customer base to smart metering. The RFI process is simply designed to discover if or where a value proposition exists.

“We are issuing the RFI to a selected bunch on industry players to see what options are available, because we think there has recently been a significant move downwards in technology costs which may make the business case more attractive. We also think the advanced meter market has begun to mature, and we are keen to understand what business model options may be available to us.”

Mr Clarke said that TrustPower’s existing in-house metering model, where the company owned its own meters and employed its own readers (rather than contracting the service out), made it more difficult for the company to demonstrate a good business case.

“There are two reasons for this. One is the fact that our meter asset and reading team has done such an excellent and efficient job, delivering a quality asset and the standard of service we want and our customers expect. The other is our customers, because to date, we have not been able to identify any real benefits from advanced metering for the people we sell power to. If that has changed, we will make a move towards smart metering.”

TrustPower’s RFI closes at the end of February.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Sky City : Auckland Convention Centre Cost Jumps By A Fifth

SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 million to build an international convention centre in downtown Auckland, with further gambling concessions ruled out. The Auckland-based company has increased its estimate to build the centre to between $470 million and $530 million as the construction boom across the country drives up building costs and design changes add to the bill.
More>>

ALSO:

RMTU: Mediation Between Lyttelton Port And Union Fails

The Rail and Maritime Union (RMTU) has opted to continue its overtime ban indefinitely after mediation with the Lyttelton Port of Christchurch (LPC) failed to progress collective bargaining. More>>

Earlier:

Science Policy: Callaghan, NSC Funding Knocked In Submissions

Callaghan Innovation, which was last year allocated a budget of $566 million over four years to dish out research and development grants, and the National Science Challenges attracted criticism in submissions on the government’s draft national statement of science investment, with science funding largely seen as too fragmented. More>>

ALSO:

Scoop Business: Spark, Voda And Telstra To Lay New Trans-Tasman Cable

Spark New Zealand and Vodafone, New Zealand’s two dominant telecommunications providers, in partnership with Australian provider Telstra, will spend US$70 million building a trans-Tasman submarine cable to bolster broadband traffic between the neighbouring countries and the rest of the world. More>>

ALSO:

More:

Statistics: Current Account Deficit Widens

New Zealand's annual current account deficit was $6.1 billion (2.6 percent of GDP) for the year ended September 2014. This compares with a deficit of $5.8 billion (2.5 percent of GDP) for the year ended June 2014. More>>

ALSO:

Still In The Red: NZ Govt Shunts Out Surplus To 2016

The New Zealand government has pushed out its targeted return to surplus for a year as falling dairy prices and a low inflation environment has kept a lid on its rising tax take, but is still dangling a possible tax cut in 2017, the next election year and promising to try and achieve the surplus pledge on which it campaigned for election in September. More>>

ALSO:

Job Insecurity: Time For Jobs That Count In The Meat Industry

“Meat Workers face it all”, says Graham Cooke, Meat Workers Union National Secretary. “Seasonal work, dangerous jobs, casual and zero hours contracts, and increasing pressure on workers to join non-union individual agreements. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news