“Make no mistake, this cap does not protect Alberta consumers,” said Interim Leader and MLA for Calgary-Hays, Ric McIver. “Whether families pay through increases in their electricity bills or through increases in their taxes, Albertans will be left to cover the difference. The NDP government must take responsibility for the price volatility that they themselves have created.”
Today’s announcement also continues the NDP’s concerning trend of failing to consult with stakeholders before implementing ideological policies. This is yet another example of an industry completely blindsided by a government policy announcement before consultations have taken place.
“We need to be perfectly clear, Alberta’s electricity rates will skyrocket because of ideological NDP policies like the accelerated phase out of coal,” said Rick Fraser, Progressive Conservative Energy critic and MLA for Calgary- Southeast. “The NDP is interfering with an electricity market that has provided a reliable source of electricity at an affordable price. It’s clear that these policies will only serve to drive up cost while driving down business confidence.”