TECT proposal ‘outrageous deal’

Re B Murphy's letter ‘TECT proposal right thing to do' (The Weekend Sun, February 23). No, it isn't.

The trust has a responsibility to the people who buy their power from Trustpower (and it is their money that makes the distribution of funds possible). The current trust deed makes this very clear. Currently, they (TECT) are offering around $4000 for something that is actually worth around $14,000 and anyone who checks the details can see that it is an outrageous deal for people who have been loyal to Trustpower over many years.

The right thing to do is to offer the current subscribers a fair deal that reflects their loyalty to Trustpower, and the fact that they have paid more for their electricity than they needed to for quite some time.

Of course the community benefits from TECT and that is good, but it should be secondary to taking care of the subscribers. We can all support the community in many ways; it doesn't have to be at the expense of Trustpower customers.

Going for 100 per cent makes me think there is another agenda here. Maybe to finance some things that would be difficult to get through TCC because of public objection?

P Dashwood, Tauranga.

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