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WILLIAM CAIRNS (CHAIR)
MICHAEL BUCZKOWSKI (DEPUTY CHAIR)
ALASTAIR BELL
PAUL HUTCHISON
KAREN SHERRY
Advocacy on behalf of energy consumers
Consumer trust Entrust was formed more than 25 years ago to ensure that stewardship over Auckland’s electricity network remains in the hands of Aucklanders. Entrust acts in the interests of its 336,000 families and businesses in Auckland, Manukau, northern Papakura and eastern Franklin. Entrust protects the $3 billion investment in Vector through its role in the appointment of Entrust is proud of the work it has undertaken for its beneficiaries and all Aucklanders. Passing on a share of Vector’s profits to beneficiaries Vector’s growth and operating performance enables Entrust to distribute an annual dividend to beneficiaries through its 75.1% stake in Vector. directors to Vector’s Board. Here for the community
In September 2019, each of Entrust’s 336,000 beneficiaries received a $360 dividend – that’s more than $120 million going straight into the Auckland economy.
Entrust regularly advocates on behalf of energy consumers on important matters such as the Electricity Pricing Review
and transmission pricing. Enabling projects with direct benefit
Entrust has an agreement with Vector that requires an average of $10.5 million to be invested in projects in the Entrust District every year. In the year to 30 June 2020, key undergrounding projects have been undertaken in Mt Albert, Coronation Road (Mangere Bridge), Selwyn Street (Onehunga), Powell Street (Avondale), Ngahue Drive (Stonefields), Campbell Crescent (Epsom), Norwich Street (Newton), Ruskin Street (Parnell), and Bella Vista Road (Herne Bay).
More than 228 undergrounding projects have been completed since the programme began, in Auckland, Manukau and northern Papakura.
Entrust, majority shareholder of Vector
Entrust, majority shareholder of vector
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