Malvern Electric Power Board (1923-1964)
Dates
- Existence: 1923 - 1964
Biography
The Malvern Electric Power Board was established in 1923 and amalgamated with the newly formed Central Canterbury Electric Power Board in 1964. Bounded by the Waimakariri and Rakaia and extending from Banks Peninsula to Arthurs Pass, the CCEPB was originally formed in 1963 by the amalgamation of the Springs-Ellesmere Electric Power Board and the Banks Peninsula Electric Power Board. As electricity use increased and customer numbers grew, in 1989, a joint venture between the MED, the Central Canterbury Electric Power Board, Riccarton Electricity and the Port Hills Energy Authority was formed called Southpower. Following government reform in 1998 Southpower sold its electricity retail activities and retained its network activities – renamed Orion New Zealand Limited. Orion remains a community owned entity with two key shareholders – the Christchurch City Council (through its subsidiary Christchurch City Holdings Ltd - 89.3%) and the Selwyn District Council (10.7%).becoming part of Southpower in 1989.