What does AECT mean in COMPANIES & FIRMS
The Auckland Energy Consumer Trust (AECT) is an independent trust fund set up by Auckland Council in 2014 to manage the finances of Vector Limited. Vector serves over 1 million customers in the Auckland Region, delivering gas and electricity services. The AECT helps to ensure that Vector's profits are reinvested back into the energy infrastructure of the region for the benefit of consumers
AECT meaning in Companies & Firms in Business
AECT mostly used in an acronym Companies & Firms in Category Business that means Auckland Energy Consumer Trust
Shorthand: AECT,
Full Form: Auckland Energy Consumer Trust
For more information of "Auckland Energy Consumer Trust", see the section below.
Essential Questions and Answers on Auckland Energy Consumer Trust in "BUSINESS»FIRMS"
What is the AECT?
The AECT is an independent trust fund set up by Auckland Council in 2014 to manage the finances of Vector Limited.
What does the AECT do?
The trust helps to ensure that Vector's profits are reinvested back into the energy infrastructure of the region for the benefit of consumers.
Who benefits from AECT?
Customers in the Auckland Region who are served by Vector benefit from AECT as it helps ensure that Vector's profits are reinvested back into their energy infrastructure.
How long has AECT been around?
The AECT was established in 2014 and has been providing its services since then.
Who manages funds of the AECT?
Funds managed by the AECT are overseen by an independent board and managed according to a set of principles outlined in legislation.
Final Words:
The Auckland Energy Consumer Trust (AECT) has been an important part of Auckland Regional's energy infrastructure since its inception in 2014 and provides consumers with safe, reliable power at competitive prices. Its mission is to help drive economic development within Auckland through investing responsibly back into their energy systems for future generations to come.
AECT also stands for: |
|
| All stands for AECT |