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Tuesday, June 22, 2010

NB Power Under the Gun Before Energy and Utilities Board







Officials from NB Power are being interrogated before the Energy and Utilities Board about its request to raise electricity rates by 3 per cent. The utility's Lori Clark concedes NB Power is a long way from being self sufficient.
Intervenor Kurt Peacock, representing small consumers, tells CHSJ News NB Power also has a long way to go to cut costs and questions why the utility gave out salary increases last February. David Plante, representing manufacturers and exporters in the province, maintains NB Power should do more cutting before asking consumers to pay more.
Another NB Power official, Darren Murphy says you can't compare the utility to private business because it doesn't have the luxury of discontinuing service if it hurts the bottom line.