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Tuesday, July 27, 2010

Liberals Make Energy Changes


(Energy Minister Jack Keir speaks at today's energy announcement)
(Photo by Jim Hennessy)

The Liberal government has unveiled a number of improvements it says will protect electricity ratepayers.

There are five key changes including all rate increases regardless of size must be approved by the EUB and cabinet will no longer be able to reverse or modify any decision from the EUB that deals with rates.

Energy Minister Jack Keir says all of these changes will strengthen the regulatory framework of the Energy and Utilities Board.

The changes still need to be approved in the legislature when it resumes this fall.