Entrust is a private trust that owns the majority of Vector on behalf of our 320,000 beneficiaries.
Entrust was established in 1993 as a private trust to run for 80 years, until 2073. It was originally called the Auckland Energy Consumer Trust (AECT). In 2016 we changed our name to Entrust, a simple combination of energy and trust. Find out more about the role of Entrust, the trustees and our people below.
In June 2016 we changed our name from the Auckland Energy Consumer Trust (or AECT) to a new name, Entrust.
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Entrust is a private trust established in 1993. It acts in the interests of its beneficiaries, over 320,000 households and businesses in Auckland, Manukau and parts of Papakura.
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Entrust is made up of elected trustees. All of them are electricity customers who live inside the Entrust area
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Trustee elections happen every three years in line with the requirements of the Trust Deed.
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Entrust owns 75.1% of Vector, meaning our investment is worth approx $2.1 billion – a major asset in anyone’s books!
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