Oct 29 (Reuters) - ERM Power Ltd EPW.AX :
* "In FY 2016 we see anticipated higher hedging costs across summer months ahead of a forecast warmer than usual summer"
* Says the FY 2016 earnings will be reduced by approximately $7 million compared to FY 2015
* Finance costs are expected to be $3M higher than FY 2015, with the increase primarily related to the credit financing arrangements for the US business"
* Company plans to maintain, at a minimum, the current level of dividends" Aim to grow load in the US to around 2-2.5 twh"
* Says expectation for the US business is for breakeven in FY 2016, including the credit financing cost
* Expect to grow our sme customer base to about 50,000 to 60,000 customers by 2018"
* Key growth will come from the US business, generating about 21% of our income in 2018"
* Source text for Eikon ID:nASX93snr0