The days of free power will come to an end in mid-June, to be replaced by the new discounted rate under phase two of the economic response plan.
The discount for Covid-affected commercial users will remain the same – they will continue to receive a 60 per cent discount, for the second three month period.
Deputy Prime Minister Mark Brown, who announced this initiative, said the phase two discounts from Te Aponga Uira will be effective from the middle of June meter reading in Rarotonga.
“The Phase 1 and 2 discounts offered by Te Aponga Uira are substantial, remarkable and unprecedented,” he said.
“Approximately $6 million 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.”
Mata Nooroa, chair of Te Aponga Uira, said: “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.”
Michael Henry, chair of the Cook Islands Investment Corporation, added: “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.”