If you are a family or a business who gets your electricity via the Vector network, you are eligible to receive a payment of $15.
This is your share of a credit that we receive from Transpower known as loss rental rebates (LRRs)
Loss rental rebates (LRRs) are the surplus created once the costs in the electricity wholesale market have been worked out.
This year, we will be passing on $15 to each power account holder on the Vector network in the Entrust District.
For customers on the Northern network, we will be passing this payment on to power companies who should then provide their customers with a credit on their power bill of $15 later this year.