Aurora Energy at ODT 24.2.17 follows #LGOIMA

Broad spectrum (?!) LGOIMA request from earlier this week and interim acknowledgement:

From: Elizabeth Kerr
Sent: Monday, 20 February 2017 7:24 PM
To: Grady Cameron
Cc: Elizabeth Kerr
Subject: Aurora Energy Ltd – Official Information Request (LGOIMA)

Attention Grady Cameron
Chief Executive, Aurora Energy Ltd

Dear Grady

How is Aurora Energy Ltd funding the $30million pole replacement programme you speak about – from capex (capital expenditure), opex (operational expenditure), a combination of the two? or by other means? (please state)

Will Aurora Energy Ltd attempt to raise line charges for Otago power consumers, to achieve the number of (dangerous) pole replacements required in the next 3-5 years – how soon will line charges increase and by how much given regulatory scrutiny by the Commerce Commission?*

Is Aurora Energy Ltd solvent at this time? Explain.

Please provide any financial detail(s) salient to these matters.

Sincerely

Elizabeth Kerr
Dunedin

*emphasis added 24.2.17

—————————————-

From: Grady Cameron
Sent: Wednesday, 22 February 2017 1:02 p.m.
To: Elizabeth Kerr
Subject: Aurora Energy Ltd – Official Information Request (LGOIMA)

Dear Elizabeth

Thank you for your enquiry. We acknowledge receipt of your official information request received by us on 21 February regarding Aurora Energy (our reference 0945).

We will endeavour to respond to your request as soon as possible and in any event no later than 21 March, being 20 working days after the day your request was received. If we are unable to respond to your request by then, we will notify you of an extension of that timeframe.

Kind regards,
Glenda

****

Received.
Fri, 24 Feb 2017 at 1:58 a.m.

[click to enlarge]

ODT 24.2.17 (page 4)

odt-24-2-17-aurora-planned-power-outages-p4

ODT 24.2.17 (page 5)

odt-24-2-17-aurora-energy-notification-of-electricity-delivery-prices-p5

Posted by Elizabeth Kerr

This post is offered in the public interest.

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2 Comments

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2 responses to “Aurora Energy at ODT 24.2.17 follows #LGOIMA

  1. nick

    I’ll save Grady some obfuscation.
    Aurora makes its annual lines charge adjustments each year effective from 1st April. This last adjustment just published only has some incremental changes, because the ComCom has already determined how much Aurora can charge through until 2021.

    Then the bad stuff will happen.

    Aurora will be putting everything into convincing the Commisssion that HUGE increases are necessary – (to pay for all the misappropriated charges that have been spent on everything from inflated executive salaries through to multi million dollar Stadium subsidies – and not on the network maintenance where they should have been). They will lobby extremely hard at this point, along with all the other Lines Companies in NZ, as that reset date approaches.
    The Commission will have some interesting deliberations to make by then, given the appalling state of Aurora’s network, and the now very public reasons why this is so.

    And just who decides whether a lines company is actually competent enough to be entrusted with running an essential energy distribution network??

    Where’s Max Bradford these days?

  2. Elizabeth

    Excerpts from Richard Healey’s Facebook 21.2.17:

    richard-healey-facebook-21-2-17-comment-excerpts

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