Wednesday, July 25, 2012

NS Government; Neither Port Hawk Owner Nor Taxpayers Will Pay More


Taxpayers could be the ones footing the bill if more renewable energy has to be added to the electrical grid because of a deal to help restart a shuttered Cape Breton paper mill.
The province told the regulator Friday that neither the mill’s would-be owner, Pacific West Commercial Corp. of Vancouver, nor Nova Scotia Power customers would have to pay any such cost.
But the government didn’t say exactly who would foot the bill to ensure provincially mandated renewable energy targets are met.
“The government commits to ensuring that if the mill load does trigger an additional (renewable energy) obligation during the term of the proposed mechanism, and if this results in incremental costs, then the province guarantees that neither (Pacific West) nor other ratepayers will be required to pay these incremental costs,” deputy energy minister Murray Coolican said in a letter to the province’s Utility and Review Board.
Pacific West has asked the board for an expedited decision on the rate proposal because it wants to reopen the mill by Sept. 1.