N.b. Premier Vows ‘necessary’ Changes After Public Utility Review - Beritaja

New Brunswick Premier Susan Holt says she’s committed to making the changes basal to reside NB Power’s soaring energy rates.

Holt says the province’s troubled nationalist inferior will require structural changes to present predictable and affordable powerfulness for residents.

A third-party reappraisal of NB Power released past week said politically motivated decisions for illustration complaint freezes person added much than $1 cardinal to the utility’s $6-billion debt.

The study called for an extremity to governmental interference astatine the utility, wherever rates had accrued much than 20 per cent complete 2 years.

Holt has not said whether her authorities would norm retired complaint caps aliases freezes, blaming past administrations for the utility’s existent state.

The Liberal provincial authorities is expected to springiness a general consequence to the NB Power study successful May.

“We will make the changes basal successful bid to present to New Brunswickers predictable and affordable increases to their costs and power,” Holt said successful an interview.