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.
Investigation continues after a fatal collision yesterday on Branch Road near Aspen Cove
Over 600 people visited the Corner Brook Visitor Information Centre in June
Communities can host e-waste and hazardous waste collection day, and get a stipend
Pre-employment training and job placements with nonprofits for young people through ASCEND
Deer Lake man operating an ATV arrested after fleeing from police on the TCH
