Transpower in nz used this argument to drastically cut its maintenance budget in the 90s using "distributed generation will strand the assets" type reasoning. N

Transpower in nz used this argument to drastically cut its maintenance budget in the 90s using "distributed generation will strand the assets" type reasoning. Nz suffered the consequences. Who pays taxes and who booked imaginary accounting profits is left as an exercise for the reader. So yeah, it's not obviously wrong as a concern.