“Job-creators look at all their costs when they decide where to locate, and for many businesses, the cost of electricity can be a large factor. The NDP has made costly and unnecessary changes that have pushed out investment and whose costs are only beginning to appear on the bills of energy consumers. A United Conservative government will ensure Alberta has a market-based electricity system that welcomes green power, providing affordable electricity for job creators that to get Albertans back to work.”
A United Conservative Government Will Make Energy More Affordable By:
- Welcome market-driven green power to Alberta and the jobs that renewable energy producers will create.
- Consult on whether Alberta should return to an energy-only market or create a capacity market.
- End costly subsidies will ask the Auditor General to conduct an audit of the NDP-incurred financial losses on their misguided power purchase agreements.
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For decades, Alberta’s competitive market for electricity kept prices low and encouraged investment, including market-financed green power.
The NDP government has made costly, and unnecessary changes to the system worth billions of dollars and which Alberta’s electricity consumers are only just beginning to see the costs of due to this ideological approach.
Before the NDP, a market-friendly electricity system brought $20 billion in investment dollars to Alberta to build 10,000 megawatts of new power since 1996, including 1,727 megawatts of market-based green energy without subsidies. In the future, EDC Associates estimates that a market-driven approach to renewables will add 1,566 megawatts of renewable power through 2030, without the need for any new taxpayer or consumer subsidies.