The 2012 AECT dividend payment is $320 for everyone who was an AECT income beneficiary on 8 August 2012. Payment was made on 26 September 2012.
You are an AECT income beneficiary if you pay Vector Electricity lines charges (these are included in your power bill) residing in the Trust district of Auckland, Manukau and the northern parts of Papakura. The dividend is paid to AECT beneficiaries regardless of who their electricity retailer is. The customer is the person whose name is on the power bill sent by your electricity retailer. In the case of rental properties, this is usually the tenant rather than the owner of the building.
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Since it was formed in 1993 the AECT has distributed $1 billion in dividends back to the community.
Dividend payments to each beneficiary in recent years have been: