The West Coast Electric Power Trust

The West Coast Electric Power Trust was formed in 1992 as a consequence of the passing of the Energy Companies Act 1992. The six Trustees hold the shares of Westpower Ltd and the associated companies on behalf of the electricity consumers of the West Coast.

Trust elections are held every two years, with three members of the Trust retiring in rotation prior to each election. Retiring trustees are eligible to make themselves available for re-election.

Interests of Consumers

While the Trustees have no direct input into the management of Westpower they are diligent in ensuring that the best interests of consumers are served.

The Trustees appoint Directors to the Company and review in advance the company's proposed Statements of Corporate Intent.

The Trust works in harmony with the Directors to ensure that a secure and reliable supply of energy is delivered throughout the region at a price that is acceptable to the consumer.