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… the terrain does not make this realistic. X Very expensive. Undergrounding is not economically justified when compared …

… 5.3 4.5 Customer investment contracts 30.6 27.8 Undergrounding and transmission realignment 4.3 4.4 Other … recognises this revenue over the life of the asset. Undergrounding and transmission realignment contracts are … asset Transmission revenue Customer investment contracts Undergrounding and transmission realignment - Government …

… 5.3 4.5 Customer investment contracts 30.6 27.8 Undergrounding and transmission realignment 4.3 4.4 Other … recognises this revenue over the life of the asset. Undergrounding and transmission realignment contracts are … asset Transmission revenue Customer investment contracts Undergrounding and transmission realignment - Government …

… based on the cost being higher than other options. Undergrounding is very expensive compared to overhead lines. … which are not as efficient as a 6km run, and • expensive undergrounding of local distribution company lines. When …

… the cost of these assets over the life of the asset. Undergrounding and transmission realignment – in 2018, $9.9 … 4.5 4.3 Customer investment contracts 27.8 28.0 Undergrounding and transmission realignment 4.4 14.6 Other … $M Deferred income Customer investment contracts 53.2 35.4 Undergrounding and transmission realignment 73.2 58.8 Other …

… the cost of these assets over the life of the asset. Undergrounding and transmission realignment – in 2018, $9.9 … 4.5 4.3 Customer investment contracts 27.8 28.0 Undergrounding and transmission realignment 4.4 14.6 Other … $M Deferred income Customer investment contracts 53.2 35.4 Undergrounding and transmission realignment 73.2 58.8 Other …