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Auckland Energy Consumer Trust - Latest News [Page 1]
Increase in Auckland transmission prices still on table
Tuesday, 17 May 2016, 3:35 pm | Auckland Energy Consumer Trust
Auckland consumers will pay a significant increase in electricity transmission costs, under an Electricity Authority consultation paper released today, says Auckland Energy Consumer Trust (AECT) Chairman, William Cairns. More >>
AECT trustees to be scrutinized over poor Vector results
Thursday, 29 October 2015, 2:17 pm | Auckland Energy Consumer Trust
The five incumbent Auckland Energy Consumer Trust (AECT) Trustees will be held to account and asked to front up about their controversial performance at the Trust’s AGM this evening (Thursday 29 Oct) at 7pm, just 22 hours before voting closes for ... More >>
Election on target for record low turnout
Tuesday, 27 October 2015, 10:11 am | Auckland Energy Consumer Trust
Only 7.3% of eligible voters have returned voting papers in Auckland Energy Consumer Trust (AECT) election compared with 13.25% at the same time in the last election. With only 2 more days for the approximately 320,000 eligible voters to return postal ... More >>
Record number of Aucklanders receive $345 in dividend
Wednesday, 23 September 2015, 9:19 am | Auckland Energy Consumer Trust
A record number of Aucklanders receive $345 in today’s dividend pay-out New Zealand’s biggest dividend distribution, the Auckland Energy Consumer Trust dividend, hits Aucklanders’ pockets today. The Auckland Energy Consumer Trust (AECT) is distributing ... More >>
AECT calls for generators to pay their share
Tuesday, 11 August 2015, 2:58 pm | Auckland Energy Consumer Trust
The Auckland Energy Consumer Trust (AECT) is calling on the Electricity Authority (EA) to remove the historic bias in transmission pricing which currently sees customers, rather than electricity generators paying the majority of the cost to transmit electricity ... More >>
AECT dividend set to boost Auckland’s economy
Tuesday, 4 August 2015, 10:48 am | Auckland Energy Consumer Trust
The annual Auckland Energy Consumer Trust dividend is coming to you in late September – cut-off date for paperwork 10 August. More >>
Are you ready to receive your dividend?
Monday, 29 June 2015, 10:52 am | Auckland Energy Consumer Trust
Auckland Energy Consumer Trust prepares to deliver dividends to a record number of beneficiaries in 2015 More >>
Pakuranga’s disappearing power poles
Monday, 22 June 2015, 11:14 am | Auckland Energy Consumer Trust
One hundred and ninety five homes in Pakuranga have been converted to the new underground electricity network as part of the AECT/Vector undergrounding programme underway in the area. More >>
Multi-million dollar increase in transmission prices?
Wednesday, 17 June 2015, 12:47 pm | Auckland Energy Consumer Trust
The Auckland Energy Consumer Trust (AECT) today expressed disappointment at the three transmission pricing options released yesterday by the Electricity Authority, all of which will result in Auckland households and businesses paying a significant ... More >>
EMA’s Kim Campbell Misleading Aucklanders
Thursday, 18 December 2014, 9:41 am | Auckland Energy Consumer Trust
The Auckland Energy Consumer Trust (AECT) has again been forced to correct misinformation about its legal status and that of the shares in Vector Ltd (NZX: VCT) that it holds in trust for the benefit of Vector lines customers in Auckland, Manukau and northern ... More >>
Aect Calls on Commission for Price Reset Transparency
Friday, 28 November 2014, 12:28 pm | Auckland Energy Consumer Trust
Auckland, 28 November 2014 - The AECT (Auckland Energy Consumer Trust), on behalf of their more than 316,000 beneficiaries, note the impact of today’s Commerce Commission decision on the Electricity Default Price Path reset for Vector along with the Commission’s ... More >>
Independent Experts to Lead Technical Investigation
Friday, 10 October 2014, 1:00 pm | Auckland Energy Consumer Trust
AECT Welcomes Appointment of Independent Experts to Lead Vector-Transpower Technical Investigation Auckland, 10 October 2014 – The Auckland Energy Consumer Trust (AECT), the majority owner of infrastructure group Vector Limited welcomes the appointment ... More >>
Restoring Power to Auckland
Tuesday, 7 October 2014, 10:16 pm | Auckland Energy Consumer Trust
Auckland, 07 October 2014 – The Auckland Energy Consumer Trust (AECT), the majority owner of infrastructure group Vector Limited is pleased that the power supply is now being restored following the recent Penrose substation outage. Trust Chairman, ... More >>
Auckland Energy Consumer Trust Increases Dividend to $335
Thursday, 25 September 2014, 9:51 am | Auckland Energy Consumer Trust
Auckland, 25 September 2014 – The Auckland Energy Consumer Trust (AECT), the independent consumer trust and majority owner of infrastructure group Vector Limited, announces an increased annual dividend of $335 per AECT beneficiary, up from $330. More >>
AECT Welcomes Electricity Authority Inquiry
Friday, 7 March 2014, 9:26 am | Auckland Energy Consumer Trust
Auckland, 06 March 2014 – the Auckland Energy Consumer Trust (AECT), New Zealand’s largest consumer trust and majority owner of infrastructure group Vector Limited, today called for greater transparency in communication with retail electricity customers, ... More >>
Auckland Energy Consumer Trust Increases Dividend
Thursday, 26 September 2013, 9:20 am | Auckland Energy Consumer Trust
Auckland, 26 September 2013 – the Auckland Energy Consumer Trust (AECT), the independent consumer trust and majority owner of infrastructure group Vector Limited, today announced an increased annual dividend of $330 per beneficiary, up from $320. More >>
Aucklanders Should Benefit from Lowered Electricity Charges
Wednesday, 24 July 2013, 3:03 pm | Auckland Energy Consumer Trust
The Auckland Energy Consumer Trust, the independent consumer trust and majority owner of infrastructure group Vector Limited, says it is disappointed that Auckland’s residential electricity customers are not benefitting from the recent decrease in ... More >>
Voters not aware of their valuable asset
Friday, 16 October 2009, 9:58 am | Auckland Energy Consumer Trust
Only 21% of eligible voters cast their votes in the last election for the trustees of the Auckland Energy Consumer Trust in 2006. This low turnout is surprising because the asset of the Trust is worth approximately $1.5 billion – a 75.1% holding in ... More >>
Auckland power customers pocket $96 million bonus
Monday, 24 September 2007, 9:18 am | Auckland Energy Consumer Trust
Over 300,000 Auckland electricity customers will find a very welcome letter in their mailbox over the next few days, as they receive their $320 annual dividend from the Auckland Energy Consumer Trust. More >>
Judgment Allowed Trust To Act Responsibly
Wednesday, 22 September 2004, 9:00 am | Auckland Energy Consumer Trust
The Chairman of Auckland Energy Consumer Trust (AECT), Warren Kyd, says the judgment of Justice Winkelmann allowed the Trust to act properly and in accordance with its Trust Deed in terms of its responsibilities to Vector Ltd and to its beneficiaries ... More >>
