What does TECT mean in ENERGY
The Tauranga Energy Consumer Trust (TECT) is an entity set up to benefit the people of the Bay of Plenty region in New Zealand, who have electricity and gas supplied by the local network of the lines company Powerco. TECT receives dividends from regulated investments and makes distributions to its beneficiaries through grants, community sponsorships and services.
TECT meaning in Energy in Governmental
TECT mostly used in an acronym Energy in Category Governmental that means Tauranga Energy Consumer Trust
Shorthand: TECT,
Full Form: Tauranga Energy Consumer Trust
For more information of "Tauranga Energy Consumer Trust", see the section below.
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Essential Questions and Answers on Tauranga Energy Consumer Trust in "GOVERNMENTAL»ENERGY"
What is TECT?
TECT stands for the Tauranga Energy Consumer Trust. It was established to provide benefits to people in Bay of Plenty, New Zealand who are serviced by Powerco's local electricity and gas network.
Where does TECT get its income?
TECT gets its income from dividends received from regulated investments.
What type of distributions does TECT make?
Distribution is made in the form of grants, community sponsorships and services.
Who are the beneficiaries of TECT's programs?
The beneficiaries are individuals, communities or organisations located within Bay of Plenty Region in New Zealand who receive electricity and gas from Powerco's local network.
What other services does TECT offer aside from providing grants, community sponsorships and services?
Aside from these services, TECT also provides advice on energy efficiency and savings initiatives in order to help reduce costs for NZ households.
Final Words:
In summary, TECT is a trust set up to benefit people in the Bay of Plenty region with their electricity and gas supplied by Powerco's local network. They receive dividends from regulated investments which they distribute through a variety of grants, community sponsorships and services as well as offering advice on energy efficiency measures.