On Demand Power Distribution
PowerNet Limited, based in Invercargill, New Zealand, is a joint venture
company that manages the electricity reticulation networks of The
Power Company Limited, Electricity Invercargill Limited, and OtagoNet
Joint Venture. Established on July 1, 1994, the company’s core business
is to manage electricity network assets in a cost-effective way.
This strong commercial focus means PowerNet is able to achieve efficiencies
in a monopoly-controlled industry.
PowerNet is responsible for the distribution of electricity to 64,000
rural, residential and industrial customers. The company adheres to a
vision and value code to serve its customers through understanding
their needs and expectations and responding accordingly.
One of the ways they do that is make the most of the technology
available to them. This allows them to reward their stakeholders – customers,
employees, suppliers, and owners – by producing a sound
financial performance and contributing to the wellbeing of the community
and the environment.