Aurora Energy has announced that it would continue to invest in the development of electrical infrastructure vital to Tasmania's future economic growth.
John Devereaux, general manager of networks at Aurora Energy, said: While we are still assessing the impact of the regulator’s final pricing determination he has clearly recognized the obligation on our business to provide the critical electricity infrastructure which is necessary to underpin growth in the Tasmanian economy.
The growing demand for electricity and rising input costs, such as copper used in the distribution network, are putting pressure on Aurora’s ability to meet business and community expectations in terms of providing a safe and reliable electricity supply. Tasmania has been undergoing a significant period of economic growth in recent years and we must ensure we can meet forecast load growth over the next 10 years.