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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 24 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 24 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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Point to regions on the map for details or scroll down for the key:
Network Company
Energy Assets Sold To
Controlling Shareholder
Old Names:
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1. Top Energy
2. Northpower
3. Vector (UnitedNetworks)
4. Vector
5. Horizon Energy Dist.
6. Counties Power
7. WEL Networks |
8. Waipa Networks
9. The Lines Company
10. Powerco
11. Eastland Network
12. Hawke's Bay Network
13. Centralines
14. ScanPower |
15. Electra
16. Nelson Electricity
17. Marlborough Lines
18. Network Tasman
19. Buller Network
20. Westpower
21. MainPower |
22. Orion Group
23. Electricity Ashburton
24. Networks South
25. Delta Utility Services
26. PowerNet
27. Stewart Island |
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© 2008 Energy Trusts of New Zealand.
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