WEL Energy Trust has a 100% shareholding, on behalf of the community, in WEL Networks Ltd. WEL Networks Ltd owns the electricity lines and equipment in Hamilton, most of the Waikato District and a small part of the Waipa District.
The Trust is a special purpose body with responsibilities under its Trust Deed to:
Since its inception in 1993, the Trust had supported the return of over $240 million to WEL Networks customers through a discount on individual electricity accounts. It has also invested over $60 million in community and energy efficiency grants. In 2014-15, over $2 million dollars was invested in the community through grants.