From 2002/2003 the Company has implemented a discount scheme.
| Discounts paid to date: |
| |
Total Discount |
Average Residential Discount |
Maximum Payable |
| 2002/2003 |
$9,450,000 |
$127 |
$337 |
| 2003/2004* |
$12,900,000 |
$171 |
$517 |
| 2004/2005 |
$15,950,000 |
$517 |
$517 |
| 2005/2006 |
$20,900,000 |
$266 |
$837 |
| 2006/2007 |
$22,200,000 |
$272 |
$1687 |
| 2007/2008 |
$22,900,000 |
$275 |
$1856 |
| 2008/2009 |
$22,880,000 |
$275 |
$1856 |
| 2009/2010 |
$20,800,000 |
$244 |
$1856 |
| Total: |
$147,980,000 |
* For a 12 month period
Note: These figures include GST.
For further information on WEL Networks Ltd's discount scheme and a copy of the area map go to : www.wel.co.nz.