Checking in on Network Tasman’s Performance
Network Tasman is owned by the Network Tasman Trust on behalf of consumers connected to our network.
As a consumer-owned company, we think it’s important to be transparent about our performance so you, our consumers, can be assured you’re receiving an efficient service that’s value for money.
For each of the last five years, Network Tasman has chosen to set the prices it charges to retailers well below the level allowed by the Commerce Commission. As indicated in the graph (right), after discounts our network charges for residential consumers are the lowest in New Zealand.
For almost all consumers on our network, our line charges in 2018/19 are only two percent higher than they were five years ago.
During the last year, Network Tasman paid $11.8m (including GST) in discounts to our consumers. Since 1993 we have returned more than $165m in discounts to our consumers.
Network Tasman Trust – Delivering returns to consumers
As the owner of Network Tasman on behalf of consumers, the Network Tasman Trust provides an annual distribution to consumers. Last year this distribution was $3m.
In addition, the Network Tasman Trust provides approximately $100k of community grants and education scholarships.
As your electricity lines company it’s our job to provide a safe, reliable and fit-for-purpose network and to stay
up-to-date with changes in demand for electricity and in the way people choose to use electricity.
If you have any questions about our service please don’t hesitate to contact us.
Network Tasman’s lines charges will decrease from 1 April 2019. This is good news for almost all consumers as it means the average residential customer’s lines charge will fall by $3.50 per month (including GST).
Electric vehicles are attracting a lot of interest in our region and it's great to see the community using the charging stations Network Tasman has installed.
Two new stations to fill up your car are being built in the region but there won’t be a drop of fuel in sight. Rather than the traditional petrol and diesel pumps, the two stations in Takaka and Nelson will be pumping energy.