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.
Light rain overnight but Badger forest fire continues; residents have been evacuated
Corner Brook looking for software proposals for on-demand transit
RCMP issue arrest warrant for Leon William Francis of Port aux Basques
Province wide outdoor fire ban now in effect due to a forest fire near Badger
Everyone is invited to Saturday's Sunrise Ceremony in Corner Brook as part of Indigenous Peoples Day
