The Northpower Electric Power Trust (NEPT) was formed to provide consumers with control over their network and to ensure Northpower maintained a uniquely Northland focus.
The Trust consists of seven Trustees who hold all the shares in Northpower on behalf of the Trust's owners - consumers connected to our network. This ownership structure ensures the ownership and control of Northpower remains in the Northland community.
Each year, the Northpower Trust returns a distribution to consumers in Kaipara and Whangarei who are connected to Northpower’s electricity network.
The Trustees are elected from the Whangarei and Kaipara districts every three years at the same time as the local body elections.
Northpower's ownership structure is a key feature of the company with 100% of all shares owned by consumers and held in trust by the Northpower Electric Power Trust (NEPT).
The Trust documentation shows the historic activities of the Trust, along with the current Annual Plan (2015 to 2016).
The seven Trustees and Trust Secretary were appointed in the last elections held in 2016.