$80 cash credit from Northpower Trust

 

A cash credit will soon be in the hands of Northpower's electricity
consumers throughout Kaipara and Whangarei.

The Northpower Trust has announced its annual distribution which will see
$80 credited back to everyone connected to the Northpower network. There
are 57,500 electricity connections on the Northpower Network in the
Kaipara and Whangarei Districts.

The credit will be displayed on power bills sent out by electricity
retailers in either December or January.

Northpower Trust Chairman Erc Angelo says the latest distribution will
provide a financial boost to local economy of around $4.5m and takes the
total amount given back to residents in Kaipara and Whangarei by the Trust
since 1993 to well over $90 million.

"What is really pleasing with this latest distribution is reaching such a
significant milestone and being able to continue consistently giving back
to our consumer beneficiaries once again," says Mr Angelo.

"The Northpower Trust distribution brings a direct benefit to our
community and we know from talking to families within our community that
this credit is really helpful around the Christmas period."

Mr Angelo says the distribution reflects Northpower's steady growth in its
locally-owned electricity and broadband networks, along with its
contracting business which works with numerous electricity distribution
networks throughout the North Island.