Northpower's 52,000 electricity users will get credits of between $35 and $45 as the company gives a $5 million "lines holiday".
Northpower will provide all consumers connected to its network with a line charge holiday, totaling $5 million, as a way of putting some of its profits back into the community.
The
credit will appear with the description "Northpower Line Holiday" on March power accounts, regardless of the electricity retailer used by the customers. The credit was distributed to all consumers connected to Northpower's lines at midnight yesterday.
Northpower network consumers who use between 2000-15,000 units per year will receive a $95 credit. Small consumers, using fewer than 2000 units, will receive $35 and the large consumers, using more than 15000 units, will get $145.
The amount of credit is based on the power account's consumption over the past 12 months.
Northpower chairman Warren Moyes said: "Consumers will save a total of $5 million on line charges. This amount is what the company would have expected to receive for maintaining and operating the lines, transformers, and poles for nearly two months. Included in this amount, Northpower is also returning a $360,000 industry rebate to consumers."
He said the line-charge holiday was the best way Northpower could reduce annual electricity charges.
Northpower is a Northland-owned electricity distribution company with over 52,000 electricity customers connected to its network over an area of some 5700 square kilometres covering the Whangarei and Kaipara districts.
Northpower Contracting, a division of Northpower, is a leading supplier of electricity distribution network design, maintenance and construction services with branches across the North Island and in Perth, Western Australia.
