Thank you, Mr. Speaker. Mr. Speaker, there are no wide-scale power rate increases planned. As far as I know, the Power Corporation is not planning a general rate application before a year from now at the earliest. The Member could be referring to a news story about a community where there may be a problem with the power plant. If we are looking at replacing power plants, or upgrading power plants, in any community, then that community would have to bear the costs of whatever upgrade or replacement was necessary. Obviously, though, Mr. Speaker, the recapture of the expenditure of funds would take place over a number of years, because you do not have to pay for all the capital expenses of a business in one year. I cannot say whether or not there are any large increases planned. I would expect that, since I have not heard of any, that there are not and, I believe that, if anything, the corporation would be at an early stage of looking at alternatives to deal with problems that may exist in a community. Thank you, Mr. Speaker.
Charles Dent on Question 103-13(6): Potential Increases To Power Rates
In the Legislative Assembly on September 23rd, 1998. See this statement in context.
Return To Question 103-13(6): Potential Increases To Power Rates
Question 103-13(6): Potential Increases To Power Rates
Item 6: Oral Questions
September 22nd, 1998
Page 175
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