WEL Networks Annual Report 2016

 

At WEL, our core business is to provide electricity distribution but we also play an essential role in the region’s economic and social development.

The 2016 WEL Networks Limited Annual Report highlights our ability to identify and invest in new technologies that benefit our communities, modernise our network and future-proof our region.  

Read the full 2016 Annual Report



Key business highlights include:

  • The successful rollout of 58,000 smart meters in the Waikato. We’re now providing significant benefits for our customers through network management efficiencies and faster fault response.
     
  • April’s completion of the ultrafast broadband rollout brings fibre faster to Hamilton, Te Awamutu, Cambridge, Tauranga, Tokoroa, Whanganui, New Plymouth and Hawera. Completed on time and to budget the $300 million fibre network makes up around 13% of the Government’s national UFB1 initiative and provides access to fibre for more than 183,000 end users. Read more.
     
  • With interest in electric vehicles growing, WEL Networks we wanted to understand the effects that charging these vehicles will have on our network. Our solution - to purchase a Nissan LEAF electric car for WEL’s vehicle fleet and to install Waikato's first fast-charger at our site. Learn more.
     
  • From 1 April, our field teams began operation as a wholly owned subsidiary: ‘WEL Services’. The change provides a more transparent view of the costs and processes required to run the field operations delivering an improved service for customers and greater business efficiency. Read more.

 

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