About the TECT Rebate
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. In November 2018, TECT distributed $28m to 55,293 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.
HOW MUCH Do CONSUMERS GET?
The proposed Annual Distribution Plan for 2019 has been published for consumer feedback. Learn more HERE.
WHEN ARE REBATES MADE?
The distribution in 2019 will be made in November 2019.