The Trust has a significant role in our community… looking after consumers’ interests in Alpine Energy. The Trust owns 40% of Alpine Energy and pays its shareholder dividend to you.
LineTrust South Canterbury was formed in 1992 when the South Canterbury Power Trust was resettled. It holds 40% of the shares in Alpine Energy Limited, the company which owns the electricity lines in South Canterbury region.
Alpine’s network extends over all South Canterbury with a total length of lines exceeding 3,600 kilometres and connecting over 32,000 consumers and has a book value of approximately $140 million. The Trust receives dividends from Alpine Energy that are paid to the shareholders quarterly. The Trustees distribute up to 90% of its profits, after deducting the Trust’s running expenses, by arranging a credit on consumers’ electricity accounts.
Line Comapny
‘Alpine Energy’
40%
owned by LineTrust SC
Homes, Factories,
Farms and Business
90%
Profits are paid as a credit on
consumers’ electricity accounts
Ultimately we make sure your assets are protected and managed in a way that delivers maximum benefit, by carrying out these key roles.
The objective of this site is to make available all relevant publications, reports and contact details of the Trust.