INNISFAIL, ALBERTA--(Marketwire - July 12, 2012) -
The recent decision from the Alberta Utilities Commission (AUC) that denied Central Alberta Rural Electrification Association's (CAREA) application for a declaration was just that - a decision that denied CAREA's application.
Central Alberta REA Chairman, Mr. Jim Towle expressed his disappointment in Fortis Alberta's recent misrepresentation of the actual decision. Mr. Towle states, "Obviously this is one more example of an arrogant giant utility company, accustomed to bullying rural based competition, using their own interpretation to mislead the public."
Mr. Towle says, "The fact that REAs operate a transparent business model delivering electricity at cost to rural Albertans and setting a benchmark for the actual cost of that electricity delivery in the province seems to go unrecognized. CAREA is, and will continue to be, the first choice rural electricity distributor within our service area and will offer at-cost services to rural Albertans."
Since 1949, Central Alberta REA has had deep roots within the numerous rural Alberta communities it serves, demonstrating sound fiscal responsibility, providing best services and best value for its members and returning positive economic impacts for rural Alberta. As noted by Mr. Towle, "We opened up and developed our service area over the last half century to bring electric service to rural Albertans, so it is disappointing to see this commitment and these efforts ignored."
Mr. Towle further comments, "Central Alberta REA hopes it is not the Province's intent to hand a protected service area to a giant utility company whose entire focus is to produce guaranteed profits for its stockholders at the expense of higher costs for consumers."
Central Alberta REA remains committed to ensuring that rural Albertans will not be denied access to the efficient and cost effective services that CAREA can and does provide. CAREA is seeking legal advice to determine if the decision should be appealed to the Courts.
As a member -owned rural electricity provider spanning 16 Alberta counties, Central Alberta REA's mission is to deliver efficient energy services to its rural consumers. CAREA prides itself on operating area offices within the regions it serves, providing employment for rural Albertans and having a Board of Directors who live and work amongst the CAREA community.