CHB Consumers Power Trust announces dividend payment

July 31, 2020 10:36 AM

Central Hawke’s Bay power consumers will receive a winter bonus, with the Trustees of the Central Hawke’s Bay (CHB) Consumers Power Trust announcing that a dividend payment will be made from 4 September. 

The Trust have announced a $400 tax-paid dividend to power consumers, following Centralines’ excellent financial results and network performance. All Central Hawke’s Bay power consumers connected to the Centralines network on 30 June 2020 will receive payment.

Trust Chairman, Alistair Setter said the dividend amount reflected Centralines’ excellent performance over recent years. 

“In addition to maintaining a strong financial position, Centralines has continued to explore growth opportunities while delivering a reliable network. We are optimistic that continued growth and investment in the business will ensure the company is in a strong position to continue to assist and give back to our consumers, particularly those who have been negatively impacted by drought and Covid-19,” said Mr Setter.

This year a direct credit option is available for power consumers to have their dividend paid directly into their bank account. Direct credit registration cards have been mailed out this week allowing consumers to go online and register their details.

“Both the Trust and Centralines receive many enquiries from the community regarding the payment of the dividend. In the first instance, we encourage consumers to visit Centralines’ website for a full list of frequently asked questions and answers.

“Any consumers who haven’t received their direct credit registration card by Wednesday 12 August are encouraged to contact our Help Desk on 0800 990 057 during business hours,” said Mr Setter.

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