Electricity Rates: Lt Gov

Rate Categories Dept: The speech promises to bring in an Electrical Rate Reduction Act, part of a new PEI Energy Accord that will cut power costs for consumers starting in March of next year. The reduction is part of a two-year plan that will also hold rates steady in 2012 across all rate categories, according to CBC. "My government has approached this challenge by developing structural changes which attack the roots of this problem." P.E.I. residents will see their electricity rates cut 14 per cent by "legislative means," the provincial government pledged Friday in a throne speech opening the fall legislature session. "For generations, Island governments have grappled with the challenges of our nearly total dependency on external and costly sources of electricity," Lt.-Gov. Barbara Hagerman read to the legislature. As reported in the news.
@t island governments, sources of electricity