NL Hydro President and CEO Jennifer Williams says it’s not known what will happen after 2030 since there will be changes.
NL Power customers will soon see an increase in their power bills, but the increase has been capped at 2.25 percent annually for costs associated with the Muskrat Falls project. For example, starting July 1st, an electricity bill of $300 a month will go to $307, which could have been double if government had not committed to paying $740 million a year until 2030. NL Hydro President and CEO Jennifer Williams says it’s not known what will happen after 2030 since there will be changes. Industry Minister Andrew Parsons says there will be another increase coming next year but again, capped at 2.25 percent with government’s $740 million investment. Williams says evolution in power systems is happening in every jurisdiction as people switch from fossil fuels to electricity. There are 275,000 NL Power customers.
Winning lotto ticket sold at Pasadena Irving
Municipal Awareness is next week, celebration at the Civic Centre next Friday
Student Job Fair today at Employment Centres in Corner Brook and Stephenville
No more meetings at the Hughes Brook Community Hall for one church group
