Transpower is a State Owned Enterprise, tasked with owning and operating New Zealand’s National Grid - the network of high voltage transmission lines and substations that connect areas of generation with towns and cities across the country.
Transpower keeps New Zealand’s energy flowing by:
Transpower transports bulk power from areas of generation to areas of demand. It doen't sell or buy electricity – just transport it for others like generator and lines companies. They pay to use our assets, but by the time the power gets to your home or business we make up just a small proportion of your electricity bill – on average around 8%.
Towers, poles, lines, cables and substations stretching and connecting the length and breadth of the country represent our asset base - known as the National Grid. It includes:
Because our transmission network is a natural monopoly our investments and transmission charges are regulated by the Commerce Commission.
|Website investor page||Transpower|
|Corporate credit ratings(s)||Standard & Poors (S&P) AA-||Stable|
|Moody's Investors Services A1||Stable|