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Tuesday, November 17, 2009

Graham Continues to Sell the Proposal














          (Graham Speaking to Chamber)
             (Photo by Jim Hennessy)

Premier Graham was the guest speaker at the KV Chamber of Commerce Luncheon yesterday. The topic up for discussion of course was the proposed deal between NB Power and Hydro Quebec. Graham says he has heard the concerns about what happens after the five year rate freeze comes to an end, and between 2003 and 2008, there has been an increase of 25% on rate payers bills.


Graham adds other long terms savings under the proposal include the decommissioning of Point Lepreau in 30 years and the Mactaquac Dam upgrades which both become responsibilities of Hydro-Quebec.