“This Bill aims to solve a problem that the NDP itself created,” said Rick Fraser, Progressive Conservative Energy Critic and MLA for Calgary-South East. “Policies like the carbon tax, the accelerated coal phase-out and the PPA debacle have created massive uncertainty in Alberta’s electricity market. Now, the NDP are attempting to use taxpayer dollars to cover up the negative consequences of their actions, all while falsely claiming to protect consumers.”
Even more alarming is the fact that the NDP refuses to disclose how much this rate cap scheme will cost Albertans.
“At the very least, this government owes Alberta taxpayers an accurate picture of how much this mismanagement of our electricity system is going to cost them,” said Fraser. “The NDP consistently fails to realize that ratepayers are also taxpayers. Whether families pay through increases to their electricity bills or through increases to their taxes, Albertans will still wind up footing the bill for this NDP incompetence.”