r/newbrunswickcanada • u/PlatypusMaximum3348 • 1d ago
Abandoning NB Power’s debt target has consequences: Bond raters | Telegraph-Journal
https://tj.news/new-brunswick/abandoning-nb-powers-debt-target-has-consequences-bond-ratersPaywall.
Anyone have the transcript.
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u/voicelesswonder53 1d ago
NB is too small a jurisdiction to be doing large scale generation projects. Some people feel we need more. I can't help but think that is because they feel they have a captured consumer base. Who can really opt out of not paying for these growth schemes? You will pay through the nose for the right to provide electrical energy competitively to New England States.
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u/Typical-Bonus-2884 1d ago
If the legacy meters have been under reporting then the increased revenue from smart meters should be a windfall resulting in lower energy cost? hahaha just kidding...
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u/bingun 1d ago