Thursday, September 30, 2010

New Democrats Call for Review


Opposition New Democrats are calling on Premier McGuinty to review an Ontario Energy Board decision that raised the guaranteed rate of return for electricity distributors and transmitters.

Kenora-Rainy River MPP Howard Hampton says those rates went up despite recommendations no change was needed.

"Independent Canadian experts and consumer and business groups said that no change was needed," says Hampton, "but American consultants, paid for by the big utilities, said that Ontario consumers should pay an extra $240 million a year for their electricity and gas. And what a surprise: Under the Liberal government, the big utilities won."

Energy Minister Brad Duguid says the NDP's figures are inaccurate.