Contact Energy - CEN Chart

[Snoopy]

The threat is that anyone can and will do it,

Yes, but you are assuming that 'anyone' can be better asset managers than the likes of Contact. Solar panels still have to be paid for. They have to be kept clean. They have to be checked to see if they are maintaining an adequate generation performance. I am sure that someone like you could do all of these things. But could the average person do it? That is an entirely different question!

Some will leave the grid with solar plus batteries and this will hurt the generators and transmission more than distribution.

Huh? If more power is generated 'on the spot', then the ultimate result of that is much less reliance on the distrbution grid, surely?

As well loads are declining due to efficiency.

I think loads are also declining due to the hollowing out of heavy manufacturing. Once this trend stops I believe that power consumption will rise annually again, albeit not as fast as GDP , like it did before, due to the efficiency gains you allude to.

SNOOPY