Elec­tric­ity dis­count com­ing

Selwyn and Ashburton Outlook - - AUTOZONE - ERIN TASKER

Mid Can­ter­bury elec­tric­ity cus­tomers are in for a share of a $3.3 mil­lion wind­fall.

EA Net­works has an­nounced that it will this year be pro­vid­ing a de­ferred dis­count for its elec­tric­ity cus­tomers of $3.3 mil­lion, in­clud­ing GST.

In a state­ment an­nounc­ing the dis­count, EA Net­works said many lo­cals may not re­alise that as an elec­tric­ity cus­tomer in Mid Can­ter­bury, they are very likely to also be a share­holder of EA Net­works.

As New Zealand’s only lo­cally owned co-op­er­a­tive elec­tric­ity distri­bu­tion com­pany, EA Net­works is in the unique po­si­tion of hav­ing share­hold­ers that are also di­rect cus­tomers. That fo­cuses the com­pany on de­liv­er­ing value back to the com­mu­nity.

The dis­counts will come in the form of a credit on the cus­tomer’s re­tail elec­tric­ity ac­count and will be based on the amount of line charges paid the pre­vi­ous year.

Cus­tomers should ex­pect to see it in the April or May elec­tric­ity ac­count.

EA Net­works owns and op­er­ates the re­gion’s elec­tric­ity distri­bu­tion net­work, a high speed fi­bre-op­tic broad­band net­work.

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