The Northpower Trust owns Northpower on behalf of consumers connected to Northpower's electricity network in Whangarei and Kaipara districts. Since 1993 the Northpower Trust has returned almost $100 million to these electricity consumers.
Every year the Northpower Trust distributes a share of Northpower's profit to consumers in Whangarei and Kaipara.
This normally happens around December and appears as a credit on your electricity bill, referred to as 'Northpower Trust Distribution'.
The Trust is committed to returning profits to the people in the communities we serve.
As a single owner, the Trust is accountable for the stewardship of the Trust’s assets - funded by previous generations of consumers - for the benefit of current and future generations of beneficiaries.
All connected consumers are beneficiaries and receive pricing discounts, returning wealth to the local area while retaining ownership of a critical local infrastructure asset.
Northpower is transitioning from providing a dividend to the NEPT for distribution to consumers, to a model that blends dividends to NEPT and discounts to connected energy customers.
This change will result in lower net line charges to consumers, via reduced costs on their energy bills for most consumers. Please see our Pricing discount FAQs