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.
Resource Enforcement officers looking for information about a fire in Trout River
Wild Cove opens for regular operations but crews continuing to smother the fire
Qalipu First Nation Chief and Council met in St. John's for the first time to include members in that area
Route 340 near Lewisporte is closed both ways due to a motor vehicle collision
Electrofishing to start this weekend to continue getting goldfish out of Link Pond in Massey Drive
