$60 Northpower Trust Distribution

$60 Northpower Trust Distribution

Northpower Electric Power Trust (NEPT) is granting their customers a $60 credit on their September power accounts.

Eligible Northpower consumers will receive a credit, regardless of which electricity retailer sends out their power account.

NEPT Chairman Erc Angelo says the distribution being paid out, is the customer’s share of Northpower’s profits paid to the Trust by Northpower. The NEPT owns Northpower on behalf of the beneficiaries, which are ultimately the customers.

“We are pleased to be able to pass on a distribution to consumers, which reflects the continuing success of our lines company, Northpower.”
In addition to the distribution from the NEPT, customers have also enjoyed line holidays from Northpower.

Northpower supplies electricity to the region through a number of electricity retailers, including Meridian, Genesis, Contact, Trustpower, Mercury, Simple Energy and Pulse Utilities.

The credit is paid on each power installation (ICP) connected to the Northpower network as at midnight 10th August 2010. If, for any reason, customers do not receive the $60 credit on their September power accounts they should contact the NEPT information line on 0800 434 100.

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