There wasn’t an answer there, but I do congratulate Lutselk’e by taking the bull by the horns and finessing a power purchase agreement, a rare animal indeed, from the Power Corporation.
Cabinet has severely restricted the power of the supposedly arm’s-length Public Utilities Board to protect the public by restricting their ability to adjust power rates by more than 1 percent per year. This change means correction to the 30 percent excess NTPC charges South Slave Power was assessed in 2008, the last time they did a cost of power study, could take decades.
As the government has arbitrarily taken this regulatory power away from the PUB, are they
similarly prepared to arbitrarily roll back this unfair windfall for the Power Corporation at the expense of power consumers in the South Slave? Mahsi.