Commerce Commission Preparing to Evaluate Aurora Energy’s Proposed Investment Plan

  • May 19, 2020 NZST
  • Team Kalkine
Commerce Commission Preparing to Evaluate Aurora Energy’s Proposed Investment Plan

Aurora, the supplier of electricity to 90,000 farms, homes and businesses in Central Otago, Dunedin and Queenstown Lakes, is anticipated to apply to the Commission in the month of June to spend about $400 million in the upcoming three years to address reliability and safety issues.

The company’s investment plan is to tackle the historic under-investment in its network due to which there has been a steady weakening of its equipment like poles, lines and transformers.

A decision is due to be made by the Commission on the investment plan in March 2021.

 


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