Thursday, July 12, 2012

N.S. Liberals Would Break Up Power Monopoly If Elected As Government


South Shore residents, stung by constantly increasing power rates, are owed money from Nova Scotia Power.  That comment from the province's Liberal leader Stephen McNeil.

He tells CKBW and Hank-Fm News, a recent fuel adjustment audit shows NSP paid 22-million dollars more for natural gas and coal for generator fuel than it should have.



McNeil says NSP won't lower rates and return money to customers because its a monopoly and can do what it wants. He says if he becomes premier after the next provincial election, he will seek to break the monopoly. McNeil says previous governments have refused to tackle the issue but he says he's determined to tackle it ... head-on!



McNeil says power rates would be a lot lower if there wasn't a monopoly. He says consumers have felt the benefits of opening up the telecommunications market to competition back in the 1980's and the same would happen with the supply and price of power.