MainPower New Zealand Revenue and Competitors

Rangiora-based MainPower New Zealand Limited owns and operates the electricity network across the North Canterbury and Kaikoura regions. The MainPower network delivers electricity to a population of over 65,000 people via 5,017 km of overhead lines and underground cable. MainPower customers in the communities of North Canterbury and Kaikoura own MainPower New Zealand Limited through the MainPower Trust. Community ownership of MainPower entitles customers and the local communities to a share of profit. Profit distribution is made in two ways. Qualifying Customers are entitled to a monthly Customer Rebate which is paid out via power accounts. MainPower also provides profit distribution in the form of community initiatives.