Effective asset management is crucial for electricity distributors. Sound asset management is an integral part of ensuring that distributors improve efficiency and provide services at a price and quality that reflects the demands of electricity consumers.
We assess electricity distributors asset management practices to understand their current practices and improve their performance through disseminating good practice; both in terms of asset management practices and the disclosure of those practices within the electricity distributors asset management plan (AMP).
The asset management practices of Electricity Distribution Businesses (EDBs) underpin their investment and operational activities. Effective asset management facilitates the provision of a more reliable and efficient electricity network service and is an integral part of ensuring that EDBs provide services at a price and quality that reflects the demands of electricity consumers.
In 2013 electricity distributors, for the first time, publicly disclosed self-assessments of the maturity of their asset management practices. These assessments use the asset management maturity assessment tool, or AMMAT.