The Board directed Newfoundland Power to reduce the proposed overall average customer rate increase of 9.3% to 7.0%, to become effective August 1, 2024.
The Public Utilities Board has released Reasons for Decision in regards to an order that was issued on July 10th. The Board directed Newfoundland Power to reduce the proposed overall average customer rate increase of 9.3% to 7.0%, to become effective August 1, 2024. The unrecovered portion of Newfoundland Power’s March 31, 2024 rate stabilization account balance will remain in the account and will be considered as part of its application for July 1, 2025 rates. The Board’s Order is intended to reduce concerns in relation to rate shock and contribute to rate stability while providing Newfoundland Power with timely recovery of prudent costs.
24 year old man caught doing speeds up to 163km/hr in a 100 zone on the TCH near Deer Lake
Application deadline is next week for the NL Home Heating Supplement Program
"Try Rugby Day" this Sunday at Corner Brook Regional High School
No mail delivery or collection in Corner Brook or Stephenville today
Cabinet committee touring areas damaged by wildfires this past summer and speaking with those affected
