Submission
Which option do you prefer?
Option Two – The alternative option – Keep Aurora Energy
Further comment
Uncorrected years of asset stripping and underfunding followed by a sale at this point can only result in a poor return on what should be a valuable asset. Once sold, the losses are permanent.
Once sold, Dunedin ratepayers no longer have any input or control over a vital community asset which will be in private (probably offshore) hands. An initial purchaser may merely perform further 'optimisation' - read asset stripping - and sell it on or leave the disenfranchised Dunedin rate payers with a service that will inevitably charge more and more while possibly delivering no better or even a poorer services.
One way or another, ratepayers are going to have to pay for the refurbishment and expansion of the local electricity lines provision - at least by keeping it under Council control, they will have some say in the service outcomes.
Supporting information
No associated documents with this submission.
Submitter
Submission id number: 1043264
Submitter name:
Ken Bagnall
Organisation