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The Lines Company NEWS

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Industry experts to review TLC pricing

21 September 2016

The TLC Board has announced the selection of two high profile experts from the energy industry to lead the review of The Lines Company’s serviced-based pricing strategy.

They are a former chief executive of Orion - Christchurch’s lines company, Roger Sutton and the leader of PwC’s Energy Markets Sector Group, Lynne Taylor.

Roger Sutton will lead the project and prepare the resulting recommendations while Lynne Taylor will provide analytical support around industry and technical matters. The review will include wide consultation with the community and consideration of alternatives and variations to the present policy. Consultation will involve key stakeholders and customers, including any customer groups that wish to provide constructive feedback.

Roger Sutton was Chief Executive of the Canterbury local body owned lines company Orion for eight years including during the 2010 and 2011 earthquakes. He was then chosen to lead the Canterbury Earthquake Recovery Authority until 2015 and built a strong reputation for clear and compassionate communication in one of the toughest of social environments.

He has also served as Chairman of the Energy Efficiency and Conservation Authority and, for many years, was a Board member of Community Energy Action, a Christchurch charity that assists disadvantaged households with improving their efficient use of energy.

Roger is currently a director of Network Tasman and Independent Lines Services and a range of not-for-profit organisations including The Church Property Trust that has responsibility for the Canterbury Anglican churches including ChristChurch Cathedral.

Lynne Taylor is an economist and advisor with over 25 years of broad experience in the utilities sector, employed as a Director in the Finance and Economics consulting practice and currently heads PwC’s Energy Markets Sector. Since joining the New Zealand firm from the UK, Lynne has worked primarily in the electricity, gas and water sectors. She has undertaken a number of projects for infrastructure businesses and assisted in electricity, gas and water industry reform in New Zealand, Australia, Asia, the Pacific and Europe.

Lynne has advised a number of utilities clients during extended periods of economic and market reform - with specific expertise in privatisation, regulation, price control, valuations, investment analysis, ownership reviews, capital structuring, and performance.

TLC Chair Mark Darrow commented “We are delighted to have two extremely high calibre industry leaders to undertake this important external and independent review. We are keen to get the process underway, and receive ideas and feedback from all quarters in order to improve our service-based pricing approach. Our target is to lead the industry in providing a pricing approach that encourages efficient and equitable outcomes for all stakeholders. With the current approach having been in place for nearly 10 years, it is an appropriate time for a full and thorough review.”

 

For more information contact: 

Louisa Last
Senior Communications Advisor
07 878 0637
0278390980

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