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.
Missing hunter near Hughes Brook located safely within hours on Friday
Intimate partner violence is on the rise but not getting reported, according to the head of Willow House
Deer Lake RCMP looking for male driver seen in Dairy Queen parking lot Friday evening
RCMP Traffic Services West arrests four drivers and hands out multiple tickets this past weekend
RNC offers easier process to get criminal record checks done
