Massive bill hike looms for Otago lines company customers
The Commerce Commission is reviewing a massive spend-up signalled by an Otago lines company.
Aurora Energy has signalled it needs to spend $400 million to address historic under-investment in its ageing power pole network which has led to safety issues and unplanned power cuts.
Aurora, under its draft plan to the Commerce Commission, estimated an average household’s monthly electricity bill would increase by 18 per cent, or about $21 a month in residential line charges.
The final proposed line charges from the Dunedin City Council-owned company, via another holding company, would be known in June.
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