Submission
Which option do you prefer?
Option Two – The alternative option – Keep Aurora Energy
Further comment
The proposal to sell Aurora Energy warrants a closer examination. While the DCC seeks short-term financial gains, we must consider the long-term impact on our community. Here are compelling reasons to oppose the sale:
1. Capital Value and Profit Potential: Aurora Energy is an invaluable asset. Its capital value is poised to increase over time, driven by growing demand and infrastructure development. Selling now would deprive us of future profits. Imagine a scenario where Aurora becomes profitable enough to consistently provide dividends—this potential should not be overlooked.
2. Community Influence and Accountability: As the current owner, the DCC has a say in Aurora’s direction. Selling would relinquish this influence. We risk losing control over critical decisions, including service quality, pricing, and investment priorities. Our community deserves a voice in shaping Aurora’s future.
3. Infrastructure Stability and Reliability: Aurora Energy plays a vital role in our daily lives. It ensures electricity distribution across Dunedin. Selling it could disrupt service reliability, affecting homes, businesses, and essential facilities. We cannot compromise on infrastructure stability for short-term gains.
4. Debt Reduction vs. Strategic Investment: Clearing Aurora’s debt is essential, but we must balance it with strategic investments. The proposed diversified fund may yield returns, but it lacks the direct impact of maintaining Aurora. Let’s explore alternatives that address debt while safeguarding our energy infrastructure.
5. Transparency and Public Trust: Redacting significant financial information raises concerns. Citizens deserve transparency regarding Aurora’s valuation and potential asking price. Without clarity, public trust erodes. Let’s prioritize openness and ensure informed decision-making.
Selling Aurora Energy risks our community’s long-term interests. Instead, let’s focus on prudent debt management, strategic investments, and maintaining control over our critical infrastructure. Our future depends on it.
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Submission id number: 1045083
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