Give PUB oversight of Muskrat Falls, Michael says
NDP House Leader Lorraine Michael (MHA, St. John’s East-Quidi Vidi) says in light of the many concerns raised by today’s release of the Ernst Young interim report of the Muskrat Falls Project, government must immediately engage the province’s Public Utilities Board in overseeing the Muskrat Falls hydroelectric project.
“The PUB is responsible for the regulation of the electric utilities in the province to ensure that the rates charged are just and reasonable, and that the service provided is safe and reliable,” says Michael. “What better choice could there be to ensure the Muskrat Falls project is proceeding as it should and the investment of the people of this province is protected?”
Michael notes the Nova Scotia government passed legislation to ensure their Utility and Review Board had full authority over the Maritime Link project to ensure the province’s ratepayers were protected. Government instructed the UARB to ensure the Maritime Link project would benefit Nova Scotians.
“In this province the government of the day tried to tie the hands of the PUB in its review of the proposed project, and in response the agency refused to render a decision on the project’s viability, stating they did not receive sufficient information to make a decision,” said Michael.
“The current government, despite its claims of transparency and concern for people, is doing little more than the last one did. The Muskrat Falls project costs are spiraling up, and ratepayers in this province are on the hook for every penny.
“Had the PUB been allowed to do a complete review of the project in the first place, we would probably not be in the financial crisis we are today.”