Vector loses court bid to spread upgrade costs
Vector wanted costs passed on to other grid users.
A High Court judge has thrown out a bid by Vector [NZX: VCT] to “socialise” or pass on $3.2 million of upgrade costs to other electricity grid users.
The case, which challenged the Electricity Authority’s interpretation of its own Transmission Pricing Methodology, was heard last November.
The
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Victoria Young
Wed, 21 Jan 2015
Wed, 21 Jan 2015
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Vector loses court bid to spread upgrade costs
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