Mutual Energy's Paddy Larkin told an assembly committee this was his preferred solution to the faults.
BBC: Moyle electricity interconnector repairs could cost ?60m
The cost of the repair, revealed in Mutual Energy's accounts, is still being examined by the insurers.
The repairs were carried out on Moyle Interconnector, owned by Mutual Energy.
Mr Larkin explained to the enterprise committee that Mutual Energy was owned by electricity consumers in Northern Ireland, was operated in their interests, and had no shareholders.
BBC: Moyle electricity interconnector repairs could cost ?60m
The economist, John Simpson, said the extra charges imposed on electricity customers stemmed from an agreement that was made when Mutual Energy was set up over a decade ago.
According to its annual report, Mutual Energy said that it was awaiting specialist reports before deciding what action to take, either to repair the cables, or convert them to a lower operating capacity, or look at other options.
"We have an obligation to Mutual Energy as electricity consumers indirectly to make up any shortfall in their revenue, otherwise they won't be able to pay the cost of their borrowing - which we have guaranteed from the day they undertook that borrowing, " Mr Simpson explained.
Visegrad is also pushing for EU rules on mutual help in energy crises.
Second place was the Winslow Green Growth ( WGGFX) mutual fund (7.4% return), which is one of what I consider to be the three best clean energy mutual funds.
Review my full list of ratings and rankings along with reports on all 20 ETFsand 73 mutual funds in the energy sector.
Exxon is one of my favorite stocks held by energy ETFs and mutual funds and earns my very attractive rating.
Investors need to tread carefully when considering energy ETFs and mutual funds.
Similarly, mutual funds like the Junior Energy Fund and venture capital firms like Solios Asset Management have made big bets that growth in nuclear power is inevitable.
The President reaffirmed his commitment to working in close relationship with Costa Rice on issues of mutual interest, including clean energy, climate change, and security for the benefit of both countries and for the people of the Americas.
"Clearly there are mutual interests in terms of large energy suppliers and consumers, but there will be stress points, of course, " said Ben Simpfendorfer, co-founder of Silk Road Associates, an investment advisory firm specializing on trade between the Middle East and Far East Asia.
Macaulay worked several jobs--among others, as energy analyst for Oppenheimer's mutual funds--before going out on his own.
"There is a level of mutual dependence - we depend on them for energy supplies and we are energy consumers for them, " he said.
We also have a mutual interest in deepening and enhancing engagement on sustainable energy.
In future, the argument runs, mutual suspicion will co-exist with Russia's westward energy sales, just as in the last years of the Soviet Union.
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We seek cooperation to advance our mutual interests in the prosperous future that will come from an energy supply that's clean and secure and addresses climate change.
Chesapeake Energy, one of the biggest positions in their flagship mutual fund, Longleaf Partners, was hit by a barrage of negative publicity as its brash billionaire chief executive, Aubrey McClendon, came under fire for alleged self-dealing.
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Through managed accounts and three mutual funds, Southeastern holds positions in companies like Loews, Directv, FedEx and Consol Energy.
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On stage, she celebrated their spirited energy, talked up the expanded "power sellers" program and offered health insurance through Physicians Mutual for the biggest merchants.
And we remain open to a dialogue with Venezuela on a range of issues of mutual understanding -- including counter-narcotics, counterterrorism and the commercial relationship between the countries, including energy.
In short, while Moscow's leverage over the Baltic states in the energy sector may be fairly significant, dislocations in the event of a Soviet economic boycott would actually be mutual.
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