News Release
Office of the Official Opposition

   

 

Electricity rates go up again

Reid says rebate program should be examined

June 17, 2005

Opposition Leader Gerry Reid says government should examine the possibility of creating a rebate program to offset the increasing price of electricity for low income families and seniors.

Yesterday, the Public Utilities Board (PUB) announced a electrical rate increase of 5.2 per cent to take effect July 1st. This increase is in addition to the ten per cent rate increase that was implemented last year.

"While the high price of oil may be driving this most recent rate increase, government has a moral responsibility to ensure that low income earners and seniors do not suffer from these increases," said Mr. Reid. "Government has established rebate programs over the past few years to assist low income earners who heat their homes with oil. I believe government should now seriously consider putting together a rebate program that will help people deal with the increasing cost of electrical heat in their homes.

"While these increased costs may not immediately be noticed, this is the perfect time for government to develop a rebate program before the colder fall and winter weather sets in. This would be a proactive move by government to ensure that the poorest people of our province do not have to suffer.

"Low income earners and seniors struggle to make ends meet throughout the year. This impact is felt much more during the winter months when electricity costs increase dramatically. This latest increase may force low income earners and senior citizens to choose between heat and the amount of groceries they buy. This is not acceptable and should be addressed.

"I encourage government to evaluate the impact these latest rate increases will have on the people of the province. As demonstrated by this latest increase, the price of oil and electricity are directly related. Government is making increased profits from offshore oil royalties and will receive more money from the HST portion of these increased electricity rates. I am hopeful that Minister Sullivan and Minister Byrne will do the right thing, develop a rebate program and protect the most vulnerable people in our province from these rising costs."

 

Media Contact:
Darrell Mercer
Director of Communications
Office of the Official Opposition
709-729-6151 or 709-687-0477