Waitomo Group Competitors

Our business is in lines and pipes, the vital infrastructure that connects homes and businesses with the electricity and gas they need. Powerco is New Zealand’s largest electricity distributor in terms of network length (27,900km) and has the second largest number of electricity connections (336,000). The company also has the second largest gas distribution network (5815km) and the largest number of gas connections (106,000). It is one of only two dual-energy distributors in the country. We have around 430 (full-time equivalent) employees across branches in New Plymouth, Palmerston North, Wellington and Tauranga.

We are New Zealand's largest distributor of electricity and gas, owning and operating networks which span the Auckland region. Our vision is to create a new energy future, by identifying and developing solutions that provide customers with value, choice and reliability. We haven’t been afraid to challenge the status quo. As leaders of the transformation of the energy sector, we know the ‘same old’ just won’t cut it. We have the confidence to forge new solutions and for our people to work differently, to think differently. We have collaborated with global technology companies and thought leaders who share our view that innovation and digitalisation are key to meeting the future needs of energy systems and fast-evolving customer demands. As governments, businesses and consumers urgently take action to decarbonise, at Vector we are clear on our vision – creating a new energy future.

Life at Full Power ⚡ We’re all about helping Kiwi homes and businesses get more from their energy and more from life. Every day, we provide smart, simple energy solutions to over 500,000 customers across Aotearoa, offering electricity, solar, gas, LPG, and internet plans tailored for homes, businesses, and EV drivers alike. We're working toward a low-carbon future, and our Gen35 strategy is our bold commitment to getting us there. We are investing around $3 billion to build new renewable generation and storage, evolving our Huntly site to deliver up to 1,300 MW of flexible backup generation, and partnering with our customers to support their transition to cleaner energy. But we’re more than just an energy company; we’re a people company. We’re proud to foster an inclusive, supportive workplace where diversity is celebrated and our teams are empowered. From pay and gender equity initiatives to wellness programmes, social events, and volunteer days, we’re creating a space where everyone can truly thrive.