FAQ

What is the role of the Trust?

The Waipa Networks Trust owns Waipa Networks Ltd on behalf of the electricity consumers supplied by Waipa Networks Ltd. It appoints the directors who manage the Company.

How often are the Trustees elected?

Every three years by postal ballot. The last elections took place in October 2009.

Does the Trust pay a dividend to consumers?

The Trust does not pay a dividend however has instructed the Company to maintain low electricity charges and to return funds to consumers in the form of twice yearly customer discounts.

How else does the Trust benefit it's electricity consumers?

The Trust believes it is important to promote energy efficiency and has funded several projects. Details of these can be viewed under the "Energy Efficiency" section of this website.

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