I would suggest to the Member that if we weren’t contributing the $13.8 million that we were to cushion the rate increases over the last couple of years and the next coming years that the impact would be dramatically different, and, yes, the Rate Stabilization Fund, which hasn’t had an increase in five years, requires some replenishment, once again, tied to the cost of energy. We are continuing to do all the things that we can, both as the Power Corporation and as a government, to invest millions to branch out into alternate energy, the issues I’ve already answered in the previous question, and these aren’t platitudes. This is cold, hard cash. These are projects on the ground. These are standards that have been changed. These are projects that are meant to achieve the goals of the government and help contain the cost of energy.
Michael Miltenberger on Question 276-17(5): Addressing Rising Energy Costs
In the Legislative Assembly on March 12th, 2014. See this statement in context.
Question 276-17(5): Addressing Rising Energy Costs
Oral Questions
March 11th, 2014
See context to find out what was said next.