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Dunedin City Council – Kaunihera-a-rohe o Otepoti

Aurora Submission

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Electricity companies typically generate stable and predictable cash flows. This can provide a consistent source of income. Electricity is an essential service with consistent demand regardless of economic conditions. This makes electricity companies relatively recession-resistant compared to other industries. Holding onto such a business can provide a reliable income stream over the long term and may include tax benefits. The electricity sector is undergoing significant transformation with the shift towards renewable energy sources and smart grid technologies. Holding onto the company allows the DCC to potentially benefit from these industry advancements and capitalize on future growth opportunities. It contributes to job creation and plays a critical role in supporting our community. Keeping the company can have positive social and economic impacts beyond financial considerations.

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Submission id number: 1039626

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