Vector
- Company typePublic
- Founded1999
- HeadquartersAuckland, New Zealand
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
Vector firmographics
Firmographics- Name
- Vector
- Legal name
- Vector Limited
- Website
- https://vector.co.nz
- Company type
- Public
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
Vector industry classification
Industry- Product category
- Regulated Utility Infrastructure (Electricity and Gas Distribution)
- NAICS
- Electric Power Distribution (221122), Electric Power Transmission, Control, and Distribution (22112), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911), Natural Gas Transmisison & Distribution (4923), Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Electric Distribution System Owners (Wires-Only Companies) (EUADABAI)
- akta.pro secondary industry
- Supply Chain, Third-Party & Vendor Risk Management (Hardware/Firmware/Software) (EUADANAH)
Keywords
Where Vector is headquartered
LocationHeadquarters
- HQ city
- Auckland
- HQ country
- New Zealand
- HQ region
- Oceania
Offices1 record
Markets served
Vector business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Personnel, Technology or R&D, Operations, Supply Chain, Marketing or Sales
Revenue model
- Regulated Network Charges: Revenue primarily driven by regulated electricity and gas network charges, set under Commerce Commission determinations (Default Price-Quality Path). Revenue is earned from electricity and gas retailers who pay line charges and transmission costs.
- Gas Distribution: Gas distribution services to homes and businesses across Auckland, billed to gas retailers.
- Metering Services: Revenue from metering services within New Zealand.
- Technology Solutions: Vector Technology Solutions providing technology services to accelerate the energy transition.
- Fibre Services: Fibre network solutions for connecting with new technology, cloud environments, and core locations across Auckland.
- Cybersecurity Services: Cyber-threat protection services for the convergence of IT/OT environments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Residential ICP-based line charges with 7.8% weighted average increase from April 2026 |
| Subscription | Monthly | Gas distribution prices with 2.2% weighted average increase from October 2025 |
| Usage-based | Monthly | Time of Use (TOU) residential pricing |
| Subscription | Monthly | Controlled pricing for residential customers with load control |
| Usage-based | Monthly | Commercial and industrial price categories |
| Subscription | Monthly | Commercial gas pricing by consumer group |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels6 records
Vector product offering
Product offeringCore offering
Vector owns and operates regulated electricity distribution (18,000+ kms of lines and cables from Wellsford to Papakura), gas distribution, and fibre networks across Auckland. The company bills electricity and gas retailers for network and distribution charges, and additionally offers technology solutions, cybersecurity services, new connections, outage management, and time-of-use pricing to support Auckland's energy transition.
Product overview
Vector Limited is a New Zealand utility company providing critical infrastructure services across Auckland. The company's product portfolio consists of core infrastructure networks (electricity distribution, gas distribution, fibre) supplemented by technology solutions (Vector Technology Solutions, Cybersecurity Services) and customer-facing connection/pricing services. The electricity and gas networks form the primary infrastructure backbone, while Vector Fibre, Technology Solutions, and Cybersecurity represent technology-enabled service extensions. Customer connection services include simple and complex electricity and gas connections, temporary builder supplies, and outage management. Pricing services feature time of use (TOU), controlled load, and distributed energy resource (DER) tariff options for residential and commercial customers. The company also offers specialized services like smart hot water load control and EV charger compliance management.
Differentiator
Problem solved
Functional benefit
Brands
- Vector Fibre: Fibre solutions helping customers connect with new technology, cloud environments, and core locations across Auckland
- Vector Technology Solutions
- Vector Lights
Products and services
- Electricity Network Distribution Regulated electricity distribution service delivering power across Auckland from Wellsford to Papakura through more than 18,000 kms of overhead lines and underground cables. Service is provided to electricity retailers (Contact, Mercury, Genesis, and others) who bill end consumers.
- Gas Distribution Network Regulated natural gas distribution service to homes and businesses across Auckland, billed to gas retailers. Includes new connections, regular maintenance, and 24/7 emergency response.
- Vector Fibre Fibre connectivity solutions helping Auckland customers connect with new technology, cloud environments, and core locations.
- Vector Technology Solutions Technology solutions service accelerating the transition to the new energy future, including distributed energy resource management and smart grid technologies, aimed at businesses undergoing energy transition.
- Cybersecurity Services Cyber-threat protection services for the rapid convergence of IT and OT environments, supporting businesses managing energy infrastructure and operational technology security.
- Simple Electricity Connection Standard new electricity connection service for straightforward residential or small commercial installations, typically completed within 6-8 weeks of payment receipt.
- Complex Electricity Connection Custom new electricity connection service for complex installations that require customer works agreements and easements, with extended delivery timeframes relative to simple connections.
- Builder's Temporary Supply Temporary power supply service for builders or tradespeople working at construction sites that lack an existing electricity supply.
- Simple Gas Connection Standard new gas connection service for Auckland properties, typically completed in approximately 6-8 weeks, with a $350 assessment fee.
- Complex Gas Connection Custom new gas connection service for complex installations that require customer works agreements, easements, and longer delivery timeframes.
- Power Outage Management Service providing real-time outage information, customer outage reporting, and restoration updates for both unplanned and planned power outages across the Auckland electricity network.
Quantifiable outcome
- 97% of residential ICPs have bill impact less than $10 per month from April 2026 price changes
- +4 more outcomes
Companies that use Vector
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
Vector technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability3 records
Feature5 records
Vector partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Commerce CommissioncoreVector received the inaugural Commerce Commission innovation grant of over $750,000 for the PRISMED project. The project aims to develop methods for real-time smart meter data analysis to reduce costs and improve service quality by enabling operational and strategic decision-making based on the data.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Vector competitors and assessment
Company assessmentDirect peers
- Powerco: New Zealand electricity and gas distribution network owner covering the North Island (Taranaki, Waikato, Bay of Plenty, Manawatu, Wellington). Closest comparable to Vector as another regulated multi-utility lines business operating under the same Commerce Commission DPP regime.
- Orion New Zealand: Electricity distribution network operator for Canterbury including Christchurch. Same regulated distribution business model as Vector, with similar exposure to NZ energy transition and Commerce Commission regulation.
- Wellington Electricity: Lines company operating the electricity distribution network in the Wellington region under Commerce Commission DPP. Direct peer as a regulated NZ electricity distribution business serving a major metropolitan area.
- First Gas: Operator of gas transmission and distribution networks across the North Island. Directly comparable to Vector's gas distribution business and faces the same NZ gas-demand decline dynamics.
Regional players
- Unison Networks: Electricity distribution network serving Hawke's Bay, Rotorua, and Taupo regions. Comparable as another NZ regulated EDB but operates in different geographic territories than Vector.
- WEL Networks: Electricity distribution network serving Waikato and surrounding regions. Smaller-scale NZ EDB operating under the same regulatory framework as Vector, comparable as a regional lines business.
Broad incumbents
- Chorus New Zealand: Owner of New Zealand's national fibre access network. Comparable to Vector Fibre as a regulated network infrastructure operator in NZ, though focused on telecommunications rather than energy.
- Mercury NZ: NZ-listed electricity generator and retailer with renewable generation assets. Overlaps with Vector as a major NZ energy player and counterparty (one of Vector's billing retailers), though focused on generation/retail rather than distribution.
- Contact Energy: One of NZ's largest electricity generators and retailers, listed on the NZX. Customer of Vector's distribution network and operates in the broader NZ electricity value chain.
- Genesis Energy: NZ-listed integrated energy company spanning generation, retail, and exploration. Counterparty to Vector as one of its billing electricity retailers and operates in the same NZ energy market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Vector social profiles
Digital presenceVector compliance and trust
Trust signalCompliance4 records
Vector financial estimates
Financial estimateRevenue estimate
Valuation estimate
Vector leadership team
Management profileNumber of profiles
Profiles4 records
Vector funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Vector M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Vector
What does Vector do?
Vector owns and operates regulated electricity distribution (18,000+ kms of lines and cables from Wellsford to Papakura), gas distribution, and fibre networks across Auckland. The company bills electricity and gas retailers for network and distribution charges, and additionally offers technology solutions, cybersecurity services, new connections, outage management, and time-of-use pricing to support Auckland's energy transition.
Is Vector a public or private company?
Vector is a public company. It is classified as public and is currently operating.
When was Vector founded?
Vector was founded in 1999. It employs 1,001 to 5,000 people.
Where is Vector based?
Vector is headquartered in Auckland, New Zealand, in the Oceania region.
How does Vector make money?
Six revenue lines are on record. Regulated Network Charges are the primary driver. The others are gas Distribution, metering Services, technology Solutions, fibre Services and cybersecurity Services.
Who are Vector's main competitors?
Direct peers on record are Powerco, Orion New Zealand, Wellington Electricity and First Gas. Regional players are Unison Networks and WEL Networks. Broad incumbents are Chorus New Zealand, Mercury NZ, Contact Energy and Genesis Energy.
Does Vector have an API?
No public API is recorded for Vector.
What industry is Vector in?
Vector's product category is Regulated Utility Infrastructure (Electricity and Gas Distribution). Its primary akta.pro industry code is EUADABAI, Electric Distribution System Owners (Wires-Only Companies), with a secondary code of EUADANAH, Supply Chain, Third-Party & Vendor Risk Management (Hardware/Firmware/Software). Its NAICS code is 221122 and its SIC code is 4911.