Thank you, Mr. Chair. I’m not sure how it would fit in conjunction with the PUB, but I was reading, I guess in the province of New Brunswick they were suggesting from the appropriate Minister that they do a regular annual review through the PUB on New Brunswick power utility. What they want to do is...I get the sense that they want to keep current so that way if prices certainly go down, that they are certainly reflected of the actuals. It would be certain that if there is no application for increases, you know, in the context if everything keeps dropping. But yet, on the other hand, there’s nothing that guarantees the rates will drop down next year because there’s no review to trigger that scenario. One person may say, well, if you do a review every year that gives justification to increase, but at least the argument on the other side is when prices adjust or calm down to some degree that they’re more reflective of the actual times. I suspect with the way the oil has dropped to a third of what it was last year and that was...It was at its peak, as we all remember quite distinctly, when the application was made to the PUB to increase the rates. Is there any type of philosophy to consider that type of approach that they go through, re-justify their cost every year? Thank you, Mr. Chair.
Robert Hawkins on Consideration in Committee of the Whole of Bills and Other Matters
In the Legislative Assembly on March 5th, 2009. See this statement in context.
Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters
March 4th, 2009
See context to find out what was said next.