Concerns
Why has the City not provided any background material or documentation to enable the public to make an informed input into the process?
Why has it has asked for public input during the Christmas recess – a tactic often used by those seeking minimum feedback and input from the public?
“Our initial analysis indicates that a broadly viable distribution industry as a whole can be achieved, but that this depends crucially on … key assumptions: o Prices: financial viability requires significant price increases (around 50%) for domestic (conventional credit) customers, in most REDs. Such tariffs would be in line with our initial estimates of the “correct” LRAIC prices for such customers. o Generally prices to commercial, agricultural and industrial customers should remain broadly at current levels (in real terms) or, in some cases, should initially decrease from the average tariffs currently charged by some municipal distributors. However, for most REDs over the period from 2001 to 2010 prices are expected to increase in real terms though only to a relatively minor extent. This is explained by the fact that for most REDs the average cost of distribution is increasing in real terms as more low consumption “electrification” customers are added.We believe that the REDs should be opposed for the following reasons:
What can you do?