South Auckland holds the key to the Entrust Election
Source: City Vision Wealthier areas of Auckland traditionally have a much higher voter turnout than other parts of Auckland benefiting C&R (National Party aligned candidates) in the Entrust Election. The daily voting document returns as at 19 October showed the Remuera area at 11.5% compared to the area around Manukau at just over 6%. Fortunately […]
Read More →A vote for City Vision secures $350 and stops the privatisation of Vector
Source: City Vision Voting documents need to be posted by Monday 22 October to protect and maintain your dividend of $350 and stop the privatisation of Vector. How is it possible that C&R (National party aligned candidates) are making the misleading claim that “$350 = Vote C&R”? Entrust owns 75.1% of the shares in Vector […]
Read More →Keeping our communities safe: Why the undergrounding of power lines is an important issue
Source: City Vision While some newer suburbs in Auckland are not visually blighted by strings of black power lines on their grass berms, suburbs built in the 1920s to 1960s throughout Auckland have the familiar wooden poles and strung overhead lines. Any greenfield subdivision built after 1972 has undergrounded lines. When the Auckland Electric Power […]
Read More →First day Entrust Election numbers well up on 2015
Source: City Vision The returning officer for the Entrust trustee’s election has reported a first day vote count of 3078 way more than the 471 recorded on the first day of voting back in 2015. Entrust (formerly called the Auckland Energy Consumer Trust) holds 75.1% of the shares in Vector Auckland’s electricity lines company on […]
Read More →Voting in the Entrust Election 2018 is now underway
Source: City Vision Voting documents are arriving in the mailbox for all electricity account holders in the old Auckland and Manukau City Council areas and parts of Franklin. It’s time to vote change the Trustees at Entrust Why you need to vote for a change. The Entrust trustees are fighting amongst themselves, rather than working together to […]
Read More →Setting the record straight on privatisation
Source: City Vision Peter Neilson, City Vision for Entrust Team Leader comments on C&R’s statement made by William Cairns on the further privatisation of Vector. Entrust the former Auckland Energy Consumers Trust (AECT) owns 75.1% of the shares in Vector the Auckland electricity lines company. The voting papers for the Entrust trustee elections start arriving […]
Read More →Commerce Media Release: Commission penalties for Vector show why it’s time to change the Entrust Trustees
Source: City Vision 10 October 2018 Commerce Commission penalties for Vector show why it’s time to change the Entrust Trustees Today it was revealed that Vector, the Auckland lines company, will face Commerce Commission penalties for failing to deliver its contracted reliability service standards in the 2015 and 2016 financial years. Entrust, the renamed Auckland […]
Read More →City Vision for Entrust policies and principles
Source: City Vision Auckland needs a team at Entrust (formerly the Auckland Energy Consumer Trust) who are committed to working together to maintain and protect your annual dividend and the reliability of our electricity supply. If elected we will: Protect and maintain your dividend: We oppose any privatisation of Vector Electricity reliability and resilience: […]
Read More →Media release: Petition launched to stop sale of Vector assets
Source: City Vision Media release 7 October 2018 Subject: Entrust Election 2018 Petition launched to stop sale of Vector assets The failure of C&R Entrust trustees to come clean on asset sales has sparked an online petition. “We asked Entrust for clarity around asset sales and their response was ambiguous – there is definitely something […]
Read More →Meet City Vision’s candidate Simon Mitchell
Source: City Vision Freeman’s Bay resident and barrister Simon Mitchell is standing to be an Entrust Trustee. He explains why. 320,000 electricity account holders in Auckland have the opportunity to vote in the upcoming Entrust election. Entrust holds a majority shareholding in Vector. The Trust pays a dividend to Auckland Electricity account holders every year. […]
Read More →Sign the petition: Stop the sale of Vector
Source: City Vision Entrust is in a mess and the Entrust trustees are fighting amongst themselves, rather than working together to protect our annual dividend and improve the resilience of the electricity supply across Auckland. Despite weak denials about a share sale, The Australian and the National Business Review both report that UBS has a […]
Read More →Media Release: Voters relying on evasive and misleading information from Entrust
Source: City Vision Media release 1 October 2018 Subject: Entrust election 2018 Voters relying on evasive and misleading information from Entrust Voters will be lacking important information as a result of the current Entrust trustees failure to respond to crucial questions ahead of the Entrust election starting on 11 October. City Vision for Entrust Team […]
Read More →City Vision for Entrust policy: sustainability, solar tax, renewables and climate change
Source: City Vision Sustainability At the moment smart metering serves big users and power companies more than it serves ordinary households. We want to see Vector empowering households to use their own data to save money. Smart meters and customers data represent the single greatest untapped potential in addressing climate change and sustainability goals. City […]
Read More →City Vision for Entrust policy: Good governance
Source: City Vision Good governance We will ensure that Entrust operates in an open way by: Making information available about the Trust, and will provide information to media and beneficiaries unless good reason exists to withhold it We will amend the Trust Deed to make the principles of the Local Government Official Information and Meetings […]
Read More →City Vision for Entrust policy: Undergrounding
Source: City Vision What should be done to secure of supply of electricity and accelerate undergrounding City Vision will look at ways we can underground faster. The $10.5 million ring fenced by the Trust for undergrounding of lines in 2005 has not always been spent as intended. In recent years it has been spent on […]
Read More →Sell-down of Vector on the cards
Source: City Vision Time for a change at the Trust: Vector, Entrust and the investment bank There are plans to reduce the Entrust share of Vector, cutting or eliminating your dividend and giving the sales revenue to Council say the City Vision team standing for election to Entrust. City Vision team leader Peter Neilson calls […]
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