
31 March 2025

Proactively managing our network assets
Our distribution network carries electricity from local substations to homes and businesses 24 hours a day, 365 days a year. We have made significant investments to ensure our communities have a safe and reliable network that will support their electricity needs for generations.
A new approach to replacing historic assets
We have moved to a more proactive, risk-based approach to replacing our network assets (including transformers, lines, and poles).
Network assets are traditionally replaced as inspections are carried out and defects are identified on the network.
This approach has been appropriate in the past when our asset fleets had significant life remaining. As our assets age and the investment to keep them running increases, we needed to shift to a more proactive approach that enables more efficient planning and accurate forecasting of replacement requirements.
This new approach involves inspecting the network to understand the current condition of our assets and then using this to help predict when assets need to be replaced. By understanding these details, we can plan more efficient replacement programmes and manage the risk on our network more effectively.
$400m
investment over the next 10 years
$47.2m
spent in network upgrades
$26.6m
spent on upgrading substations



Investing into our communities
We’re prudently managing our network assets to ensure they’re fit for purpose and future ready as the economy electrifies, providing a reliable and resilient supply for our communities and local economy.
We are investing $400 million over the next 10 years towards ensuring our network continues to operate reliably, safely and meet future demand.