The Northpower Electric Power Trust (NEPT) Deed requires that options for the future ownership of shares in Northpower be reviewed every five years. The Trustees of the NEPT must carry out a consultation process with Northpower consumers to determine if the current Trust ownership structure is what consumers want, or if consumers would prefer a change.

Northpower Electric Power Trust (NEPT) conducts an Ownership Review of the shares in Northpower Limited every five years and this process is underway now.

You can make submissions (in writing) on the Ownership Review in accordance with the Trust Deed no later than 4pm, 28 April 2017, addressed to:

Submission to the Trustees
Northpower Electric Power Trust
PO Box 1609

Submitters should indicate if they wish to be heard in support of their submission.

The Ownership Review document can be downloaded below or collected from Plus CA Accountants, 134 Bank St, Whangarei. 

Public meetings to discuss the Ownership Review options: 

Option 1 - Retain the Northpower Ltd shares in the Trust; 

Option 2 - Dispose of a portion of the shares and retain the remainder in the Trust; 

Option 3 - Dispose of all the shares.

Public meetings:

Thursday 16 March – 11am

Plus CA Pavilion, Cobham Oval, Okara Drive, Whangarei

Monday 20 March – 11am

Kaiwaka War Memorial Hall, 4-6 Kaiwaka-Mangawhai Rd

Thursday 23 March – 11am

Dargaville Town Hall, 42 Hokianga Road

More information:

Julie Noel (NEPT Secretariat) – Ph 09 438 3322

Or Freephone – 0800 434 100 

View the public submissions received on the 2012 Ownership Review.

For more information about Northpower's ownership reviews read the:

2012 Ownership Review (1.2mb PDF)

2007 Ownership Review (1.7mb PDF)

2002 Ownership Review (300kb PDF)

For more information about the review process visit these websites:

Electricity Commission

Commerce Commission

Energy Trusts of New Zealand