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Speaker 1: A bit of movement over the the the power Pylon,

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Speaker 1: par Labor, Transparer and Mixim have donated a million bucks

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Speaker 1: to a fund that will support northern projects in the economy.

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Speaker 1: It's a good will jest, do you Transparer CEO John

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Speaker 1: Clark with us on this morning, Mike, I've already heard

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Speaker 1: this morning people including local MPs saying this is not enough,

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Speaker 1: it's a joke, all of that sort of thing. Were

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Speaker 1: you expecting that level of pushback or you're disappointed.

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Speaker 2: We've believe we've done our best to hooper Northland something

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Speaker 2: back that will help improve the energy resilience and also

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Speaker 2: help plan for the future and make sure we've got

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Speaker 2: between ourselves and our two distribution partners up there, we've

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Speaker 2: got for Purpose network and.

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Speaker 1: When you say, when you say increase resilience, what what's

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Speaker 1: the money actually for and can't they do with it

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Speaker 1: whatever they want.

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Speaker 2: Certainly we've left with the community, Northland Community and Aukland

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Speaker 2: think we've indicated along with Northland Inc. That you know,

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Speaker 2: if it's used the community resilience projects, the things that

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Speaker 2: help communities cope with storms and the other challenges that

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Speaker 2: Northland have, or things that help economic development in Oakland,

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Speaker 2: other sort of things that we've been seen. But we

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Speaker 2: are leaving it your right to Northland and the Northland community.

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Speaker 1: How do you come up with a million? Apart from

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Speaker 1: the fact it's a round number.

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Speaker 2: And ex both talk between ourselves and in our case

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Speaker 2: we identify what things we could putrecide so that we

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Speaker 2: could bree up some money to do this community initiative.

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Speaker 1: Has insurance played a part at all or not?

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Speaker 2: The insurance has nothing to do with us. This is

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Speaker 2: not about compensation. As reiterated, compensation is not something that

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Speaker 2: happens with utility services. The scale of any economic loss

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Speaker 2: is often far more significant than the cost of the

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Speaker 2: utility service. For instance, the cost will we recover from

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Speaker 2: Northland for the transmission grid, which shows need a lot

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Speaker 2: of maintenance up there, works out on average to about

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Speaker 2: one dollar per day for each of the electricity consumers

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Speaker 2: in Northland.

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Speaker 1: So you do accept that the damage done was somewhere

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Speaker 1: between thirty and eighty and so one million's just a gesture.

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Speaker 2: The economic loss of not having a service like electricity

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Speaker 2: or water or gas is always way higher than what

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Speaker 2: has charged there, so we do acknowledge their economic costs

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Speaker 2: if you work that out, is in what we've arranged

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Speaker 2: Different people have come to calculate that.

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Speaker 1: And is compensation still on the table or as a

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Speaker 1: millionaree Thanks for coming by by and go away.

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Speaker 2: Well, we've reiterated the domestic reidential consumers can talk to

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Speaker 2: their retailer if they have sufficles. Obviously larger industries approaching

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Speaker 2: us with their insurance claims, we'll deal with those. That's

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Speaker 2: that's you know, those seven years are open. But this

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Speaker 2: is something back to the Northland community to allow it

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Speaker 2: to move forward and for us to help them with

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Speaker 2: not only their electricity supply, with some of the other

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Speaker 2: challenges they have.

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Speaker 1: Well, I can't understand, John. I mean, ultimately you are

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Speaker 1: responsible because you employer maxim I get that part, But

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Speaker 1: essentially they're idiots that didn't do their job. Why aren't

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Speaker 1: they paying nine hundred and ninety nine thousand, nine hundred

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Speaker 1: and ninety nine and U toss in the scent.

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Speaker 2: Well, we are responsible and we while we could argue

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Speaker 2: who how much should be shared, we're comfortable that it's

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Speaker 2: a fifty to fifty arrangement that seems appropriate and we're

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Speaker 2: doing a lot of work and we've seen the various

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Speaker 2: reports and recommendations which we're all on to make sure

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Speaker 2: we support our provide. I'd just like to make them

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Speaker 2: so that they get things right and something like this

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Speaker 2: never happens again.

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Speaker 1: Well that's type not John go Well, John Clark, who's

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Speaker 1: the transparer CEOs.

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Speaker 2: For more from The Mic Asking Breakfast, listen live to

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Speaker 2: news talks.

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Speaker 1: It'd be from six am weekdays, or follow the podcast

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Speaker 1: on iHeartRadio