The proposed rate change is necessary for Newfoundland Power to have a reasonable opportunity to earn a just and reasonable return in each of 2025 and 2026 in accordance with section 80 of the Public Utilities Act.
A public hearing is ongoing concerning Newfoundland Power’s 2025-2026 General Rate Application is on-going. It starts daily starting at 9am through 1:30pm at the Board’s hearing room in St. John’s but Daily transcripts and audio files can be found here on the Board’s website. All media outlets and the public are invited to attend. Public Participation Day is scheduled tentatively for Tuesday, July 9th All media outlets and the public are invited to attend on Public Participation Day scheduled for Tuesday, July 9th. Newfoundland Power is asking that the Public Board approve an overall average increase in customer rates of 5.5%, with effect from July 1, 2025. The proposed rate change is necessary for Newfoundland Power to have a reasonable opportunity to earn a just and reasonable return in each of 2025 and 2026 in accordance with section 80 of the Public Utilities Act. A copy of the Application has been posted to the Company’s website at www.newfoundlandpower.com.
http://www.pub.nl.ca/applications/NP2025GRA/transcripts.php
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