ELECTRICITY INFORMATION DISCLOSURE HERE ARE AURORA ENERGY’S NEW LINE CHARGES EFFECTIVE 1 APRIL 2020

Aurora Energy is your local electricity network, this price change will be given in our updated pricing distributing electricity to more than 90,000 homes, methodology, due for publication on our website DUNEDIN NETWORK Supply from South Dunedin and Halfway Bush grid exit points farms and businesses in Dunedin, Central Otago and (www.auroraenergy.co.nz) on, or before, 31 March (Dunedin City excluding Waitati, Waikouaiti, Strath Taieri) Queenstown. 2020. Transmission charges represent 29% of total delivery prices, on average. All charges exclude GST. Aurora Energy’s line charge prices recover the direct Prices effective from 1 Apr 2020 to 31 Mar 2021 Prices effective from 1 Apr 2019 to 31 Mar 2020 costs of distributing electricity to you across our CONNECTIONS DISTRIBUTION PASS-THROUGH TOTAL DISTRIBUTION PASS-THROUGH TOTAL network (Distribution prices), and other indirect ELECTRICITY PRICING costs including incentives, rates, regulatory levies RESIDENTIAL and transmission of electricity across Transpower’s NETWORKS Daily fixed price (15 kVA) 48,109 15.00 15.00 15.00 15.00 ¢ / day national grid (together, Pass-through prices). Daily fixed price (8 kVA) 532 4.10 4.10 4.10 4.10 ¢ / day DUNEDIN Uncontrolled – summer 8.91 0.41 9.32 6.41 2.41 8.82 ¢ / kWh The Commerce Commission regulates to constrain QUEENSTOWN Uncontrolled – winter 10.12 3.86 13.98 7.28 5.93 13.21 ¢ / kWh the revenues of distribution businesses like Aurora CENTRAL OTAGO All inclusive – summer 4.39 1.14 5.53 3.16 2.33 5.49 ¢ / kWh Energy, to protect the interests of consumers, and All inclusive – winter 6.51 1.65 8.16 4.68 3.55 8.23 ¢ / kWh sets stringent standards for service performance. Controlled 2.80 0.71 3.51 2.01 1.10 3.11 ¢ / kWh Aurora Energy provides network distribution services Night boost 2.28 0.58 2.86 1.64 0.76 2.40 ¢ / kWh to electricity retailers and bills them line charges. Night only 0.61 0.61 0.44 0.44 ¢ / kWh Line charges are just one component of your power All inclusive – summer day 8.15 0.13 8.28 5.86 2.37 8.23 ¢ / kWh bill, and each retailer decides how it will reflect line All inclusive – summer night 0.61 0.61 0.44 0.44 ¢ / kWh All inclusive – winter day 8.65 3.61 12.26 6.22 6.15 12.37 ¢ / kWh charges in the amount you pay. Accordingly, Aurora All inclusive – winter night 0.61 0.61 0.44 0.44 ¢ / kWh Energy cannot guarantee the line charges specified here are the line charges that retailers bill consumers. WANAKA GLENORCHY GENERAL CONNECTIONS For retail electricity prices please contact your retailer. ARROWTOWN Street lighting 2 QUEENSTOWN CROMWELL Effective from 1 April 2020, this disclosure details Daily fixed price – South Dunedin connections $382.35 $61.57 $443.92 $274.96 $130.27 $405.23 Total per GXP / day our new line charge prices in accordance with the ALEXANDRA Daily fixed price – Halfway Bush connections $750.83 $47.59 $798.42 $539.94 $255.79 $795.73 Total per GXP / day Electricity Distribution Services Default Price-Quality Distributed Unmetered Load 2 Daily fixed price – per consumption fitting 5.72 5.72 4.11 4.11 ¢ / day Path Determination 2020 and Electricity Distribution ROXBURGH Information Disclosure Determination 2012. Volumetric price 2.04 0.52 2.56 1.47 2.02 3.49 ¢ / kWh 1 kVA (unmetered supply) 92 New prices result from a combination of three DUNEDIN Daily fixed price 46.57 6.39 52.96 33.49 24.40 57.89 ¢ / day principal factors; increased distribution revenue 2 kVA (unmetered builders’ temporary supply) 158 allowed by the Commerce Commission under the Daily fixed price 96.69 17.23 113.92 69.53 52.70 122.23 ¢ / day recently reset default price-quality path, a regulatory 8 kVA 410 incentive adjustment that has reduced allowable Daily fixed price 4.31 4.31 3.10 3.10 ¢ / day pass-through revenue, and decreased transmission Daily capacity price 5.94 -1.14 4.80 4.27 2.79 7.06 ¢ / kVA (capacity) expenses. A full explanation of the factors affecting Daily control period demand price 36.99 24.86 61.85 26.60 29.76 56.36 ¢ / kW (demand) 15 kVA 2,925 Daily fixed price 4.31 4.31 3.10 3.10 ¢ / day Daily capacity price 5.31 -0.81 4.50 3.82 2.42 6.24 ¢ / kVA (capacity) Supply from Frankton grid exit point QUEENSTOWN NETWORK Daily control period demand price 36.99 24.86 61.85 26.60 29.76 56.36 ¢ / kW (demand) (includes Queenstown, Arrowtown, Glenorchy) 16 – 149 kVA 3,108 Daily fixed price 9.33 9.33 6.71 6.71 ¢ / day Daily capacity price 6.76 -2.10 4.66 4.86 0.65 5.51 ¢ / kVA (capacity) Prices effective from 1 Apr 2020 to 31 Mar 2021 Prices effective from 1 Apr 2019 to 31 Mar 2020 Daily control period demand price 36.99 24.86 61.85 26.60 29.76 56.36 ¢ / kW (demand) CONNECTIONS DISTRIBUTION PASS-THROUGH TOTAL DISTRIBUTION PASS-THROUGH TOTAL 150 – 249 kVA 103 Daily fixed price 170.00 170.00 122.00 122.00 ¢ / day RESIDENTIAL Daily capacity price 11.15 -3.52 7.63 8.02 1.53 9.55 ¢ / kVA (capacity) Daily fixed price (15 kVA) 10,647 15.00 15.00 15.00 15.00 ¢ / day Daily distance price 0.11 0.11 0.08 0.08 ¢ / kVA-km Daily fixed price (8 kVA) 106 4.10 4.10 4.10 4.10 ¢ / day Daily control period demand price 25.25 24.32 49.57 18.16 26.82 44.98 ¢ / kW (demand) Uncontrolled – summer 8.45 0.26 8.71 6.62 2.56 9.18 ¢ / kWh 250 – 499 kVA 91 Uncontrolled – winter 10.28 2.80 13.08 8.05 5.69 13.74 ¢ / kWh Daily fixed price 170.00 170.00 122.00 122.00 ¢ / day Controlled (20hr) 4.86 0.89 5.75 3.81 2.46 6.27 ¢ / kWh Daily capacity price 10.25 -3.52 6.73 7.37 1.53 8.90 ¢ / kVA (capacity) Controlled (16hr) 2.16 0.40 2.56 1.69 1.72 3.41 ¢ / kWh Daily distance price 0.11 0.11 0.08 0.08 ¢ / kVA-km Night boost (13hr) 3.18 0.58 3.76 2.49 2.15 4.64 ¢ / kWh Daily control period demand price 25.25 24.32 49.57 18.16 26.82 44.98 ¢ / kW (demand) Night boost (11hr) 1.94 0.36 2.30 1.52 1.12 2.64 ¢ / kWh 500 – 2499 kVA 73 Night only 1.38 1.38 1.08 1.08 ¢ / kWh Daily fixed price 427.00 427.00 307.00 307.00 ¢ / day Daily capacity price 5.48 -0.82 4.66 3.94 2.11 6.05 ¢ / kVA (capacity) GENERAL CONNECTIONS Daily distance price 0.11 0.11 0.08 0.08 ¢ / kVA-km Street lighting 3 Daily control period demand price 21.33 24.32 45.65 15.34 26.82 42.16 ¢ / kW (demand) Daily fixed price per lamp 3.72 3.72 3.72 3.72 ¢ / day Monthly transformer lease price (if applicable) 70.00 70.00 70.00 70.00 ¢ / kVA (capacity) Volumetric price 1.26 0.23 1.49 0.99 2.04 3.03 ¢ / kWh 2500+ kVA 7 1 kVA (unmetered supply) 102 Daily fixed price 427.00 427.00 307.00 307.00 ¢ / day Daily fixed price 42.62 15.52 58.14 33.38 21.18 54.56 ¢ / day Daily capacity price 3.64 -0.97 2.67 2.62 1.40 4.02 ¢ / kVA (capacity) 2 kVA (unmetered builders’ temporary supply) 199 Daily distance price 0.11 0.11 0.08 0.08 ¢ / kVA-km Daily fixed price 77.21 36.88 114.09 60.47 47.98 108.45 ¢ / day Daily control period demand price 13.36 24.32 37.68 9.61 26.82 36.43 ¢ / kW (demand) 8 kVA 175 Monthly transformer lease price (if applicable) 70.00 70.00 70.00 70.00 ¢ / kVA (capacity) Daily fixed price 4.02 4.02 3.15 3.15 ¢ / day Daily capacity price 5.36 -1.87 3.49 4.20 3.65 7.85 ¢ / kVA (capacity) Daily control period demand price 25.24 19.06 44.30 19.77 25.81 45.58 ¢ / kW (demand) 15 kVA 1,078 CENTRAL OTAGO AND WANAKA NETWORK Supply from Clyde and Cromwell grid exit points Daily fixed price 4.02 4.02 3.15 3.15 ¢ / day (includes Wanaka, Cromwell, Alexandra, Roxburgh) Daily capacity price 5.02 -1.87 3.15 3.93 3.47 7.40 ¢ / kVA (capacity) Daily control period demand price 25.24 19.06 44.30 19.77 25.81 45.58 ¢ / kW (demand) 16 – 149 kVA 1,455 Prices effective from 1 Apr 2020 to 31 Mar 2021 Prices effective from 1 Apr 2019 to 31 Mar 2020 Daily fixed price 6.52 6.52 5.11 5.11 ¢ / day Daily capacity price 6.29 -1.73 4.56 4.93 1.39 6.32 ¢ / kVA (capacity) CONNECTIONS DISTRIBUTION PASS-THROUGH TOTAL DISTRIBUTION PASS-THROUGH TOTAL Daily control period demand price 31.21 22.76 53.97 24.44 23.32 47.76 ¢ / kW (demand) RESIDENTIAL 150 – 249 kVA 25 Daily fixed price (15 kVA) 16,810 15.00 15.00 15.00 15.00 ¢ / day Daily fixed price 148.00 148.00 116.00 116.00 ¢ / day Daily fixed price (8 kVA) 85 4.10 4.10 4.10 4.10 ¢ / day Daily capacity price 14.49 -1.73 12.76 11.35 2.33 13.68 ¢ / kVA (capacity) Uncontrolled – summer 12.83 -1.95 10.88 10.18 1.59 11.77 ¢ / kWh Daily distance price 0.11 0.11 0.09 0.09 ¢ / kVA-km Uncontrolled – winter 17.70 -1.36 16.34 14.05 3.58 17.63 ¢ / kWh Daily control period demand price 19.63 13.80 33.43 15.37 19.00 34.37 ¢ / kW (demand) Controlled (20hr) 9.37 -0.97 8.40 7.44 1.91 9.35 ¢ / kWh 250 – 499 kVA 27 Controlled (16hr) 6.77 -0.62 6.15 5.37 1.12 6.49 ¢ / kWh Daily fixed price 148.00 148.00 116.00 116.00 ¢ / day Night boost (13hr) 7.62 -0.79 6.83 6.05 1.61 7.66 ¢ / kWh Daily capacity price 13.25 -1.73 11.52 10.38 2.33 12.71 ¢ / kVA (capacity) Night boost (11hr) 6.24 -0.64 5.60 4.95 0.85 5.80 ¢ / kWh Daily distance price 0.11 0.11 0.09 0.09 ¢ / kVA-km Night only 5.34 5.34 4.24 4.24 ¢ / kWh Daily control period demand price 19.63 13.80 33.43 15.37 19.00 34.37 ¢ / kW (demand) 500 – 2499 kVA 19 Daily fixed price 389.00 389.00 305.00 305.00 ¢ / day GENERAL CONNECTIONS Daily capacity price 7.20 -0.04 7.16 5.64 3.79 9.43 ¢ / kVA (capacity) Street lighting 5 Daily distance price 0.11 0.11 0.09 0.09 ¢ / kVA-km Daily fixed price per lamp 3.72 3.72 3.72 3.72 ¢ / day Daily control period demand price 22.64 13.80 36.44 17.73 19.00 36.73 ¢ / kW (demand) Volumetric price 5.09 -0.49 4.60 4.04 1.17 5.21 ¢ / kWh Monthly transformer lease price (if applicable) 70.00 70.00 70.00 70.00 ¢ / kVA (capacity) 1 kVA (unmetered supply) 103 2500+ kVA 1 Daily fixed price 66.83 -24.29 42.54 53.04 14.08 67.12 ¢ / day Daily fixed price 389.00 389.00 305.00 305.00 ¢ / day 2 kVA (unmetered builders’ temporary supply) 352 Daily capacity price 1.71 -0.04 1.67 1.34 4.40 5.74 ¢ / kVA (capacity) Daily fixed price 127.44 -49.65 77.79 101.14 35.46 136.60 ¢ / day Daily distance price 0.11 0.11 0.09 0.09 ¢ / kVA-km 8 kVA 309 Daily control period demand price 15.56 13.80 29.36 12.19 19.00 31.19 ¢ / kW (demand) Daily fixed price 4.70 4.70 3.73 3.73 ¢ / day Monthly transformer lease price (if applicable) 70.00 70.00 70.00 70.00 ¢ / kVA (capacity) Daily capacity price 10.37 -4.07 6.30 8.23 0.76 8.99 ¢ / kVA (capacity) Daily control period demand price 59.47 16.57 76.04 47.20 21.48 68.68 ¢ / kW (demand) 15 kVA 1,747 SUPPLY FROM FRANKTON GRID EXIT POINT (SUB AREA) Daily fixed price 4.70 4.70 3.73 3.73 ¢ / day 16 – 149 kVA 198 Daily capacity price 9.58 -5.99 3.59 7.60 0.49 8.09 ¢ / kVA (capacity) Daily fixed price 5.87 5.87 4.60 4.60 ¢ / day Daily control period demand price 59.47 16.57 76.04 47.20 21.48 68.68 ¢ / kW (demand) Daily capacity price 5.66 -1.73 3.93 4.44 1.39 5.83 ¢ / kVA (capacity) 16 – 149 kVA 1,880 Daily control period demand price 28.09 22.76 50.85 22.00 23.32 45.32 ¢ / kW (demand) Daily fixed price 9.88 9.88 7.84 7.84 ¢ / day 150 – 249 kVA 9 Daily capacity price 8.09 -2.60 5.49 6.42 0.13 6.55 ¢ / kVA (capacity) Daily fixed price 122.00 122.00 96.00 96.00 ¢ / day Daily control period demand price 51.31 16.23 67.54 40.72 18.83 59.55 ¢ / kW (demand) Daily capacity price 11.95 -1.73 10.22 9.36 2.33 11.69 ¢ / kVA (capacity) 150 – 249 kVA 86 Daily distance price 0.11 0.11 0.09 0.09 ¢ / kVA-km Daily fixed price 189.00 189.00 150.00 150.00 ¢ / day Daily control period demand price 16.19 13.80 29.99 12.68 19.00 31.68 ¢ / kW (demand) Daily capacity price 9.65 -3.42 6.23 7.66 0.20 7.86 ¢ / kVA (capacity) 250 – 499 kVA 8 Daily distance price 0.13 0.13 0.10 0.10 ¢ / kVA-km Daily fixed price 122.00 122.00 96.00 96.00 ¢ / day Daily control period demand price 55.29 13.64 68.93 43.88 18.29 62.17 ¢ / kW (demand) Daily capacity price 10.93 -1.73 9.20 8.56 2.33 10.89 ¢ / kVA (capacity) 250 – 499 kVA 50 Daily distance price 0.11 0.11 0.09 0.09 ¢ / kVA-km Daily fixed price 189.00 189.00 150.00 150.00 ¢ / day Daily control period demand price 16.19 13.80 29.99 12.68 19.00 31.68 ¢ / kW (demand) Daily capacity price 8.56 -3.42 5.14 6.79 0.20 6.99 ¢ / kVA (capacity) 500 – 2499 kVA 9 Daily distance price 0.13 0.13 0.10 0.10 ¢ / kVA-km Daily fixed price 301.00 301.00 236.00 236.00 ¢ / day Daily control period demand price 55.29 13.64 68.93 43.88 18.29 62.17 ¢ / kW (demand) Daily capacity price 5.58 -0.04 5.54 4.37 3.79 8.16 ¢ / kVA (capacity) 500 – 2499 kVA 39 Daily distance price 0.11 0.11 0.09 0.09 ¢ / kVA-km Daily fixed price 496.00 496.00 394.00 394.00 ¢ / day Daily control period demand price 17.55 13.80 31.35 13.74 19.00 32.74 ¢ / kW (demand) Daily capacity price 6.97 -3.51 3.46 5.53 0.13 5.66 ¢ / kVA (capacity) Monthly transformer lease price (if applicable) 70.00 70.00 70.00 70.00 ¢ / kVA (capacity) Daily distance price 0.13 0.13 0.10 0.10 ¢ / kVA-km 2500+ kVA 1 Daily control period demand price 49.37 13.64 63.01 39.18 18.29 57.47 ¢ / kW (demand) Daily fixed price 301.00 301.00 236.00 236.00 ¢ / day Monthly transformer lease price (if applicable) 70.00 70.00 70.00 70.00 ¢ / kVA (capacity) Daily capacity price 1.33 -0.04 1.29 1.04 4.40 5.44 ¢ / kVA (capacity) 2500+ kVA 1 Daily distance price 0.11 0.11 0.09 0.09 ¢ / kVA-km Daily fixed price 496.00 496.00 394.00 394.00 ¢ / day Daily control period demand price 12.06 13.80 25.86 9.45 19.00 28.45 ¢ / kW (demand) Daily capacity price 6.15 -3.51 2.64 4.88 0.13 5.01 ¢ / kVA (capacity) Monthly transformer lease price (if applicable) 70.00 70.00 70.00 70.00 ¢ / kVA (capacity) Daily distance price 0.13 0.13 0.10 0.10 ¢ / kVA-km Daily control period demand price 49.37 13.64 63.01 39.18 18.29 57.47 ¢ / kW (demand) NOTES Monthly transformer lease price (if applicable) 70.00 70.00 70.00 70.00 ¢ / kVA (capacity) Winter rates apply 1 May to 30 September. Summer rates apply 1 October to 30 April Prices exclude GST. APPLICABLE TO ALL GRID EXIT POINTS The Frankton sub area is defined by Aurora Energy as comprising connections at threat of uneconomic bypass as a result of competitive, grid-connected, distribution. A prudent discount policy applies. Monthly price per equivalent corrective capacitance applies n/a $7.10 $7.10 $7.10 $7.10 $ / kVAr If connections in capacity groups 16kVA and above satisfy the criteria in the Electricity (Low Fixed Charge Tariff Option for Domestic Consumers) Regulations 2004 to be classified as domestic, then Residential if the installation power factor is required to be improved to 0.95. pricing applies as the low fixed charge option. Pricing information, including a copy of this notice, is maintained on Aurora Energy’s website www.auroraenergy.co.nz

Keep safe Always keep well clear of fallen power lines FOR ANY 0800 22 00 05 or damaged electrical equipment and treat [email protected] around them as live at all times. QUESTIONS electricity GET IN TOuCH www.auroraenergy.co.nz