2018 ANNUAL REPORT & AGM
Every year TECT releases its Annual Distribution list as part of the annual reporting requirements. This list outlines all of the great causes that were supported over the last 12 months, as well as the total distributed to TECT Consumers via the TECT cheque.
TECT distributes the majorityof its annual income directly to Consumers via the TECT cheque. In November 2017, TECT distributed $28,000,000 to eligible Consumers. Each Consumer received a fixed amount of between $435 and $585 depending on the services they receive from Trustpower, plus a small variable amount based on their total spend over the qualifying period.
TECT also granted $7.8 million to community organisations in 2017-18. Details of grant recipients for the year are on pages 10 & 11 of the Annual Report which is available for viewing HERE.
Consumers are also invited to attend the TECT AGM on 31 July 2018. The full AGM notice can be viewed HERE