The Honourable Mark Brown, Deputy Prime Minister today announced details of the support to be provided by Te Aponga Uira under Phase 2 of the Economic Response Plan. The Phase 2 electricity discounts from Te Aponga Uira to Rarotonga electricity consumers will be effective from the middle of June meter reading, the stage at which the generous 3 month Phase 1 discounts announced in the middle of March will expire. The Deputy Prime Minister said “the Phase 1 and 2 discounts offered by Te Aponga Uira are substantial, remarkable and unprecedented. Approximately $6m of savings is being granted to Rarotonga households and businesses by Te Aponga across phases 1 and 2, a truly remarkable contribution, to keep the economy running and to provide much needed support to households. The phase 2 discounts continue to offer a generous discount to all households and targeted discounts to those businesses who currently receive government support. Every household will be credited for their electricity costs up to $100 each month and every business who currently receives or is eligible to receive government support, will continue to receive a 60% discount, for the second 3 month period.”
Mr Mata Nooroa, Chair of Te Aponga Uira, said “this is Te Aponga’s way of giving back and continuing its support to help the nation during these continuing challenging times. We understand there may be questions about the phase 2 discounts and more information will be released in the near future, though please do feel free to call our friendly customer services team also if required.”
Mr Michael Henry, Chair of the Cook Islands Investment Corporation, said “Te Aponga’s continued support is an example of a concerted effort from the Cook Islands Investment Corporation and its State Owned Enterprises to support the Nation, to collaborate extensively and find innovative solutions, required during these unprecedented times.”