Do I have to be a shareholder?
“No. You can opt out of being a shareholder. You will still receive our annual discounts, but you will relinquish your shareholding, and we will refund to you the value of any shares that have already been paid off.”
Electricity Ashburton is a Co-operatively-owned electricity distribution and networking company based in Ashburton, New Zealand.
“No. You can opt out of being a shareholder. You will still receive our annual discounts, but you will relinquish your shareholding, and we will refund to you the value of any shares that have already been paid off.”
“Our system tries to recognise situations where the same customer has more than one electricity supply. Sometimes it is difficult to tell that the customers with two or more accounts are the same, and we set up separate shareholders.”
“We assess the distribution charges that we have applied for each connection where you have been a customer during the year to 28 / 29 February. Then, as long as you were still a customer with a current power account on 28 / 29 February, we calculate a share of the total discount pool based on those distribution charges.”
“To ensure you get the discount on all distribution charges, we add up the charges that we have applied for all your connections throughout the year, including where you might have been a customer for less than the full year.”
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