The Chairman of the company Mr John McCliskie noted that “The results for the year reflect strong contributions from all of the company’s businesses including the core electricity, fibre and investment property business units.” Buoyant regional growth continued in Network Tasman’s electricity distribution area, with consumer connections increasing by 704 for the year bringing the total number of connections to 41,735.
Mr. McCliskie said that “Network Tasman paid a total of $13.5 million in line discounts to consumers including a one-off discount of $950k paid immediately following the Covid-19 lockdown”.