Submission
Which option do you prefer?
Option Two – The alternative option – Keep Aurora Energy
Further comment
There are several reasons why a power Aurora Energy should not be sold. Here are some key arguments against selling the company:
1. Public Interest and Accountability: Power lines companies often provide essential services to communities, ensuring that homes, businesses, and critical infrastructure have access to electricity. Selling such a company could jeopardize the public interest by prioritizing profit motives over service reliability and affordability. Additionally, when a company is publicly owned, it is subject to greater scrutiny and accountability mechanisms, ensuring that it operates in the best interest of the community it serves.
2. Service Reliability: A privately owned power lines company may prioritize profit maximization over investing in infrastructure maintenance and upgrades, potentially leading to service disruptions, outages, and compromised safety standards. Publicly owned utilities tend to prioritize reliability and safety since they are accountable to the public and regulatory bodies.
3. Long-Term Planning and Investment: Publicly owned utilities can undertake long-term planning and investment strategies that prioritize sustainability, resilience, and innovation without the pressure of immediate profit concerns. This allows for strategic investments in renewable energy, grid modernization, and infrastructure upgrades that benefit the community in the long run.
4. Rate Stability and Affordability: Private ownership may lead to increased electricity rates as the company seeks to maximize profits for shareholders. In contrast, publicly owned utilities can prioritize rate stability and affordability, ensuring that electricity remains accessible to all members of the community, including low-income households and small businesses.
5. Community Control and Input: Public ownership allows for greater community control and input in decision-making processes regarding energy policies, infrastructure development, and resource allocation. This ensures that the needs and priorities of the community are adequately addressed and considered in utility operations.
6. National Security Concerns: Critical infrastructure such as power lines are vital for national security. Privatizing such assets could potentially introduce security risks if the new owners prioritize profit over robust security measures, leaving the infrastructure vulnerable to cyberattacks, sabotage, or other threats.
7. Economic Stability and Local Jobs: Publicly owned utilities often contribute to economic stability by providing local jobs and supporting the local economy through procurement and investment activities. Selling a power lines company could lead to job losses, outsourcing, or reduced investment in the local community.
In conclusion, retaining public ownership of a Aurora ensures that it remains accountable to the public, prioritizes service reliability and affordability, and contributes to long-term sustainability and community well-being. Privatization of such a critical infrastructure asset should be carefully evaluated in light of these considerations to ensure that the best interests of the community are upheld. We know what has happened in he past and we don't want a repeat.
Supporting information
No associated documents with this submission.
Submitter
Submission id number: 1039439
Submitter name:
Neil Turner
Organisation