About the TECT Rebate
The below information relates to the annual consumer rebate in November. For information on the one-off special consumer rebate in July, view FAQs here.
TECT Trustees send out an Annual Distribution Plan for consultation at the beginning of each year. This determines the level of the consumer rebate and the eligibility criteria for that year. After consideration of the feedback received, TECT Trustees have confirmed their Annual Distribution Plan for 2019-20, which will see $30 million distributed to eligible consumers. The payment is tax-free to consumers.
WHO IS ELIGIBLE FOR THE 2019 CONSUMER REBATE?
In 2019, the eligibility criteria is:
Be a Trustpower power customer in TECT's District (basically in the Tauranga City or Western Bay of Plenty region [note1]); and
Have an active Trustpower power account in the same name on 1 April 2019 and continuously through to 30 September 2019.
If you move properties during the qualifying period, we allow a grace period of 30 days between the time you disconnect at the old property and reconnect at the new property.
Note 1: Parts of Waihi Beach are excluded from the TECT District. 106 Seaforth Rd - Bowentown end is included in TECT's District. 104 Seaforth Rd - Waihi Beach is excluded.
View the TECT District map HERE
HOW MUCH Do CONSUMERS GET?
The Annual Distribution Plan for 2019 has been confirmed. Learn more HERE.
Eligible consumers this year will receive:
- $440 fixed (minimum) amount
- Plus a variable amount based on their total spend over the qualifying period
WHEN ARE REBATES MADE?
The distribution in 2019 will be made in November 2019.