Certainly, there have been increased in power rates over the last five or six years, and we are anticipating increases over the next three years. However, this increase in rates is driven by several factors. The cost of fuel is certainly one of the factors. Also, too, the amount of power that the corporation actually sells is not increasing, and so costs tend to be stable or increasing while the amount of power actually sold is decreasing. Therefore, unless we are able to find a major export market, it would seem to me that power rates may continue to increase.
Louis Sebert on Question 196-18(2): Plan To Address The High Cost Of Power Rates
In the Legislative Assembly on June 9th, 2016. See this statement in context.
Question 196-18(2): Plan To Address The High Cost Of Power Rates
Oral Questions
June 8th, 2016
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