Mighty River may be a better bet. Although the price has not settled.
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http://www.stuff.co.nz/business/indu...ore-affordable
This is of interest. Out of reach of many, but a consideration I have for my own place. Not a bad return on investment in my eyes. A consideration for all who invest in electricity generators. Lowering the price of producing your own electricity. Something that could influence the return power generators receive. I consider it like a car, years ago, one car was a real luxury for many families, now, it is common for most family households to have at least 2. Same goes for electricity production. And even then, the true efficiency that could be achieved if other technologies became main stream, would be enormous. Forget about your energy saver bulbs... start looking at heat recovery and heat exchange. I am all for reducing consumption on non renewable resources (coal in this case).
ill stick with my earlier post 20c in it + divs after 18 mths more if nat win election
I think MELCA will list at a premium but like MRP will they shortly thereafter drop below issue price?
I doubt it, being installment receipts and with such a relatively high dividend yield, and being issued at a much more realistic price than MRP.
I'm planning on holding these for the yield and possible uptick on another National led Government.
I would consider getting out if Lab/green re emphasize their energy policy, campaign on it and look like they may get over the line. All doubtful IMO.
Disc. Hold quit a few so I'm biased.
Apparently David Cunliffe won't commit to the electricity buying authority saying instead that Labour would look at it once elected. Seems an odd backdown or fudge - anyone know more?
Good thoughts F4T. My bro has just got back from England and couldnt believe the number of solar panels on Houses(subsidies?). I guess being lucky; having a North facing roof is necessary to convert enough energy too. Must be good feeling too knowing if the GRid goes down , your comforts and necessities don't.Thinking Global acting local.
has that been quoted anywhere. They have been strangely quiet this IPO
if it goes down during the day. Otherwise you need to consider some kind of battery storage for nights:
http://vector.co.nz/solar
Parker was dead against it until Shearer came out with Russel Norman in favour of change. It was a political stunt to derail the partnership floats. It cost the taxpayer, but should benefit investors because the proposal will probably get quietly forgotten. Anyway, National has an excellent chance of winning a 3rd term.