Entrust’s 2021 dividends has been distributed to 346,000 Aucklanders.
The payments of $303 each went into back accounts on September 22.
In total, $97 million is being paid to power consumers connected to Vector’s network in the Entrust district – mainly in central, south and east Auckland.
It’s some good news during a turbulent time for Auckland household and businesses, Entrust says.
This year’s Entrust payments have not been without challenges, including banks stopping the use of cheques, the Covid level 4 lockdown and limited ability to communicate with beneficiaries.
Entrust chairman William Cairns says payment preference forms were sent to all Entrust beneficiaries in July as part of a proactive and ramped up dividend payment programme including social media.
For those who chose payment by direct credit or by credit to their power account, these payments are being made.
“If we didn’t hear from you in July, or if you’ve moved or switched power company recently, you will be posted a dividend notification form which I urge you to complete and post or email back so we can put the money into your bank account.
“The sooner we receive beneficiaries’ details, the sooner we can transfer the dividend to them. We’ve expanded our call centre to accommodate the extra likely contacts,” he said.
Cairns says even so the Entrust dividend will be welcomed by Aucklanders who have faced a challenging year due to the impacts of Covid-19.
“We will pay out a total of $97m to 346,000 families, flatmates, businesses and organisations this year,” he says.
“It’s a boost to the economy and to households. It’s not been an easy year for our city and it’s great to be able to announce this dividend and see it distributed.”
