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Friday, June 21, 2013

Concerns About Higher Energy Rates

Opposition Energy and Mines critic and MLA for Charlotte the Isles Rick Doucet is concerned your energy rates could be going up--and the Tories aren't going to tell you about it. 

He says it's very convenient that the Electricity Act is going to be changed before NB Power has to have its next rate hearing. The cabinet will not be able to overrule rate increases needed to pay down the debt.
NB Power is currently in massive debt and the concern is that debt is going to be paid back by the rate-payers via increased fees.