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Napier Hastings Power Dividend Rises | Auckland News
Description
Napier and Hastings residents are getting a sweet financial boost as the Hawke’s Bay Power Consumers Trust hikes its annual dividend from $270 to $275 — marking the third straight year of growth since $230 in 2021. This local ownership model, born in the 1990s, ensures profits stay in the region, with $18.3 million returned this year alone. Since 1999, over $303 million has flowed back to consumers, proving community-owned power delivers real, lasting benefits — all decided by public vote every five years.
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