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Thursday, May 28, 2009

Public Hearing into NB Powers Rate Hike Wraps Up

2009-05-28

14:56:14

Saint John lawyer Gary Lawson says NB Power needs an attitude and culture change.  Lawson says the utility needs to re-think the way it tries to save money because it has a history of going over budget.

An Energy and Utilities Board public hearing into NB Power's 3 per cent rate increase has just wrapped up at the Delta in Saint John. The utility is facing a 94 million dollar loss even with the rate increase and Lawson admits it's unlikely there could be enough savings made this year to avoid the hike. But Lawson says the effort should still be made to demonstrate leadership in efficiency.


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