"Since acquiring the Kaitaia and Kaikohe sub-stations we have been flat-out conducting asset replacement and renovation works. Over the past 12 months alone we have spent $5 million on upgrading this particular asset. It's frustrating that we hadn't yet replaced the piece of kit which likely caused Friday's outage."
He recalled that two years ago one of the transformers at the Kaitaia sub-station failed, although Top Energy was able to manage that incident without cutting power to the town. That was another Transpower asset the company had bought in 2012. The transformer was replaced with a new unit in March.
"We've been refurbishing and replacing these assets as quickly as we possibly can," Mr Shaw added.
"We apologise sincerely for Friday's disruption, and I can assure our business and domestic customers that we will keep up the pressure to bring these assets back up to the standard that we require and that they, quite rightly, demand of us."
-Black Friday, see page 7 of the Northland Age for more.