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Dunedin City Council – Kaunihera-a-rohe o Otepoti

Aurora Submission

Submission

Which option do you prefer?
Option Two – The alternative option – Keep Aurora Energy

Further comment
Do not sell assets. The money will disappear and 10 years from now you will be in the same position Aurora is paying the citizens in its network a dividend by maintaining reasonable rates, while it substantially upgrades its networks. Maybe set some revenue targets that ensure that it repays debt in 10 years and starts paying a dividend after that. Infrastructure assets are a long game. Not sure if I'm right - read recent Listener article on the state of waterways in Britain following privatisation of water and sewage there. Who is paying to fix it - ratepayers, even though they don't own it.

Supporting information

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Submitter

Submission id number: 1045179

Submitter name:
Heather RIVETT

Organisation

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