Network Tasman Annual Result 2020

Published 28/08/2020

Electricity lines company Network Tasman Limited reported an operating surplus after tax of $11.0 million for the year ended 31 March 2020. The Chairman of the company Mr John McCliskie noted that "This year's financial result reflects 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 641 for the year bringing the total number of connections to 41,031. Mr. McCliskie said that "Network...

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Trees and power lines don't mix

Published 24/08/2020

Trees and vegetation can cause power cuts. That's why it is important to manage them so that they don't grow too close to power lines. Our vegetation team surveys the network regularly, checking for trees and other vegetation that is a risk to the power lines. Before you plant anything near power lines, consider how big it will grow. We send 'cut and trim' (CT) notices to property owners where we find any trees growing too close to our power lines. We are required to do this...

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Media Release - New Appointment to the Board of Network Tasman Limited

Published 05/08/2020

More than fifty applications were received for a position on the Board of Network Tasman Limited. These were whittled down to a shortlist who were finally interviewed in person by the Trustees of the Network Tasman Trust. The Trust holds the shares in Network Tasman Limited on behalf of the consumers connected to its network, which extends from Golden Bay and Murchison and back to Cable Bay and Hira. The Trustees appoint the directors of the Board. Trust Chair Gwenny Davis said "Trustees are delighted to appoint...

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Network Tasman increases discounts to consumers

Published 08/07/2020

Network Tasman's consumers will receive a larger than usual discount credit on their July power bill. Network Tasman has announced that it is bringing forward the first of the two discounts it pays consumers each year from October to July. In addition we will also increase the discount payable to all consumers this July to return the previously advised 4% line increase. We are very aware of the impact COVID-19 is having on the Nelson Tasman region and recognise that all of our consumers are affected by...

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