Dividend

LineTrust pays out up to 90% of its profits to consumers as a credit on their electricity account .

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Dividend

Each year LineTrust pays out up to 90% of its profits to consumers as a credit on their electricity account. These dividends go straight into the South Canterbury economy. This is a direct result of the Trusts shareholding in Alpine Energy

90% of the LineTrust
South Canterbury

Profits are paid as a credit on consumers’ electricity accounts
Dividend

Trust Distribution for the year ended 31 August 2023

Consumer’s electricity accounts will be credited with the distribution in December 2023/January/March 2024.
 

Low User Sites

Under 15kVA

3×60 amp

Gross Dividend Distribution

$26.86

$26.86

$19.58

Imputation Credits

$7.52

$7.52

$5.48

RWT

$1.34

$1.34

$.98

Total Distribution

$18.00

$18.00

$13.12
For commercial consumers not included in these categories the distribution received is fully imputed to 28%, and 5% RWT.

FAQs

What does the Trust do with its profits?
The Trustees distribute up to 90% of its profits, after deducting the Trust’s running expenses, by arranging a credit on consumers’ electricity accounts.
When is the dividend paid?
In December/January as a credit on consumers’ electricity accounts.
Who receives the dividend?
Any consumer connected to the Alpine Energy Limited network.

Managing the consumer shareholding in
Alpine Energy Limited

South Canterbury


Address

Ford Simpson Ltd
Second Floor, 18 Woollcombe Street
PO Box 540, Timaru, South Canterbury

Contact