Unison networks has announced an increased dividend to its shareholder, the Hawke's Bay Power Consumers' Trust.
Unison chairman Kevin Atkinson said the result was pleasing, despite a decline in the after-tax profit this year.
He said the power company was committed to meeting increasing customer needs in the wake of emerging technologies altering the energy landscape.
The benefits of Unison's embedded real-time network control operating platform and smart technologies deployed across the network were now being realised.
Mr Atkinson said he was pleased that Unison Fibre and Unison Contracting Services were delivering positive results.
Customer volume continued to strengthen while no serious harm incidents or lost time injuries had happened, he said.
Hawke's Bay Power Consumers' Trust chairman John Newland said the company's performance met targets set by the trust.
"It is pleasing to witness Unison's ongoing commitment to operating a sustainable business, whilst delivering a reliable and high quality service to the consumers of Hawke's Bay."
Unison chief executive Ken Sutherland said in 2015/16, Unison was focussed on delivering a service enabling customers to do what was important to them.
"As the environment is changing around us, we are not standing still, we are changing with it."
"We continue to embrace technology and use it to adjust and adapt as the energy future crystallises."
Mr Sutherland said future-proofing the network through advanced data analytics and automation was re-inventing traditional power distribution into a next-generation version.