The leader of P.E.I.'s NDP says he disappointed with the report of the P.E.I. Energy Commission released Friday saying the commission missed its mark by not including sufficient information and analysis on a number of key issues, including public ownership of Maritime Electric's electric generation.
Mike Redmond said the report jumps quickly to a hybrid model, where the province would take over ownership of Maritime Electric's generation capacity, leaving many unanswered questions on the respective roles of Maritime Electric and the P.E.I. Energy Corporation.
The report recommends a three-person panel within the Island Regulatory and Appeals Commission (IRAC) to provide scrutiny of Maritime Electric’s cost of service, and a consumer advocate to represent individual ratepayers.
“These new panel and advocacy structures would not be necessary if government were doing its job of representing Islanders," said Redmond. “And if the goal is to have Maritime Electric conform to some real expectations on prices then we should be up front about the Electric Power Act and its regulations.”
"Islanders are right to expect better from this kind of public expenditure," - NDP leader Mike Redmond
The commission report discusses community-based renewable energy innovations such as small wind turbines on farms and at municipal facilities and commercial establishments, but only advocates further studies.
“It really feels like we did not get enough out of this commission’s work to see any tangible benefit to Islanders, both as consumers and producers of energy at the local level. This report seems, at first look at least, like a corporate deal where government is taking on more and more of a private corporation’s debt. Islanders are right to expect better from this kind of public expenditure."