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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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