Appendix C: Indicative list of ELBs (qualifying trust-owned businesses are shaded)

Cabinet Paper: Review of Parts 4 and 4A of the Commerce Act

Hon Lianne Dalziel, Minister of Commerce and Hon David Parker, Minister of Energy

[ Last Updated 22 January 2008 ]

Company	100% consumer owned or controlled	More than 90% overlap customers and voting consumers	All consumers benefit	Below 100,000 ICPs
Alpine Energy	x 60% council-owned	N/A	N/A	29,000
Aurora Energy	x Council-owned	N/A	N/A	76,000
Buller Electricity	√	√	√	4,000
Centralines	√	√	√	8,000
Counties Power	√	√	√	35,000
Eastland Network	√	√	√	25,000
Electra	√	√	√	40,000
Electricity Ashburton	√	√	√	16,000
Electricity Invercargill	x Council-owned	N/A	N/A	17,000
Horizon Energy Distribution	x 77% owned by trust but publicly listed	√	x	24,000
Main Power NZ	√	√ (90.6%)	x Only to trust beneficiaries	31,000
Marlborough Lines	√	√	√	23,000
Nelson Electricity	x Investor-owned	N/A	N/A	9,000
Network Tasman	√	√	√	34,000
Network Waitaki	√	√	√	12,000
Northpower	√	√	√	51,000
Orion New Zealand	x Council-owned	N/A	N/A	181,000
OtagoNet Joint Venture	x Investor-owned	N/A	N/A	14,000
Powerco	x Investor-owned	N/A	N/A	304,000
Scanpower	√	√	√	7,000
The Lines Company	√	√	√	26,000
The Power Company	√	√	√	32,000
Top Energy	√	x Trust appointed by local MPs and council chair	√	28,000
Unison Networks	√	x (57%)	x Only to trust beneficiaries	105,000
Vector	x 75% trust-owned but publicly listed	x (45%)	x	660,000
Waipa Networks	√	√	√	22,000
WEL Networks	√	√	√	79,000
Westpower	√	√	√	12,000

Printed: 26/11/2009