1 / 5

E.T.N.Z.

E.T.N.Z. NOV. CONFERENCE 2011. RECENT CHANGES TO THE INDUSTRY. GOVERNMENT DRIVING S.O.E.’S SALE VALUE Asset swaps. Targeting Retail Margins Increased Consumer payments Line Cos Changes. Asset Swaps , Retail Margins. The contractural and physical swapping of assets

alanna
Download Presentation

E.T.N.Z.

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. E.T.N.Z. NOV. CONFERENCE 2011

  2. RECENT CHANGES TO THE INDUSTRY • GOVERNMENT DRIVING S.O.E.’S SALE VALUE • Asset swaps. • Targeting Retail Margins • Increased Consumer payments • Line Cos Changes

  3. Asset Swaps , Retail Margins • The contractural and physical swapping of assets between Genesis, M.R.P, and Meridian enhanced Overall value. Targeting Retail Margins Through the Electricity Authority increased S.O.E’s market share. Forward Hedge Markets increases price paths and hence sale value.

  4. Consumer Payments, Supply Cos • There are increases for consumers thru High Transpower charges. • Probable reversal of D.C. Charges. • Competition penalising the disadvantaged. • Heavy regulation of Supply Companies forcing under investment without lowering prices to customers. • Possible amalgamation of Supply Companies to make it easier for S.O.E.’s to enhance margins.

  5. OVERVIEW • My impression is that the mood of Government has been more negative to Supply Companies recently. • Electricity Reforms have been great for the Owners, terrible for the consumers. • The next Govt will be under extreme pressure to reduce debt , improve productivity.

More Related