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Welcome to Energy Trusts of New Zealand
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This resource is for the members of Energy Trusts of New Zealand Inc (ETNZ)
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About the ETNZ:
- The ETNZ is the national organisation for 23 energy trusts, the majority of whom own shares in companies that operate electricity networks (lines businesses).
- Member trusts have investments of more than $5 billion in these lines companies.
- The trusts that own most of the lines industry on behalf of communities or consumers are not involved in day-to-day management. However, like any group of shareholders, have rights to appoint suitably qualified directors to the boards of the companies they own.
- While some of the Trusts have deeds and responsibilities which are similar, many are varied and may include community trusts, consumer trusts and a mix of appointed/elected people on them.
- Consumer ownership allows local businesses, industry and individuals to have input on issues like the supply stability of the networks and the pricing mechanisms of their local lines company.
- Trusts are obliged to foster an environment that enables lines companies to operate as successful businesses. This is very difficult under the current heavy regulatory regime.
- For example, the removal of cross-ownership restriction would enable lines companies to freely generate and retail electricity. This would positively encourage increased investment and competition in both generation and retailing, to the benefit of consumers.
- Currently, retailers do not have to separate the energy and distribution costs on the bill. ETNZ supports more transparent billing information for consumers.
- ETNZ works closely with the Electricity Networks Association (ENA) which represents the interests of the country's electricity lines companies - the lines sector.
- ENA's members are the lines companies marked on the diagram below. They range in size from Vector, with about 660,000 end users, down to Buller Electricity, with about 4000.
- The ETNZ Conference provides a forum for representatives from the energy trusts to share knowledge and to hear from key stakeholders involved in the energy sector.
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If you have any questions or feedback about this site, or about ETNZ, please contact:
Energy Trusts of New Zealand Inc.
Secretary Joy Stevens P.O. Box 109 626 AUCKLAND Phone 09 978 7673 Fax 09 978 7516 Contact Us
or
Chair Janya Lobb Phone: 03 688 2712 email: janya@farmside.co.nz
Contact Us
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Scroll down for the key |
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Lines Companies of New Zealand 1. Top Energy 2. North Power 3. Vector
4. Counties Power 5. WEL Networks 6. Waipa Networks 7. The Lines Company
8. Powerco
9. Horizon Energy 10. Eastland Network
11. Unison Network Ltd
12. Centralines 13. ScanPower 14. Electra 15. Wellington Electricity Lines 16. Nelson Electricity
17. Marlborough Lines
18. Network Tasman 19. Buller Electricity 20. Westpower 21. MainPower 22. Orion Group
23. Electricity Ashburton
24. Alpine Energy
25. Aurora Energy (DELTA) 26. PowerNet
27. (Stewart Island - PowerNet) 28. OtagoNet Joint Venture
29. Network Waitaki
Approved 100% consumer owned |
Controlling Shareholder Top Energy Consumer Trust Northpower Electric Power Trust Auckland Energy Consumer Trust Counties Power Consumer Trust WEL Energy Trust Waipa Networks Trust Waitomo Energy Services Consumer Trust, King Country Electric Power Trust Queensland Investment Corporation Eastern Bay Energy Trust Eastland Energy Community Trust Hawke's Bay Power Consumers' Trust CHB Consumer Trust ScanPower Consumer's Trust Electra Trust CKI Ltd Tasman and Marlborough (50/50 JV) Marlborough Electric Power Trust Tasman Electric Power Trust Buller Electric Power Trust West Coast Electric Power Trust MainPower Trust Christchurch City Council (87.6%) Ashburton City Council & local Co-operative Timaru District Holdings, LineTrust South Canterbury, Waimate & Mackenzie District Councils Dunedin City Council Invercargill City Holdings, Southland Electric Power Supply Consumer Trust (Southland District Council) Marlborough Lines, Electricity Invercargill & The Power Company Waitaki Power Trust
Trust members of ETNZ |
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© 2010 Energy Trusts of New Zealand.
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