NL Hydro recommends rate increase for all of Labrador
Newfoundland and Labrador Hydro is recommending an electricity rate increase for Labrador.
The rate change — which would take effect on January 1, 2014 — must first be approved by the Newfoundland and Labrador Board of Commissioners of Public Utilities.
According to a press release by NL Hydro, the general rate application, if successful, will cause a rate decrease for most of Newfoundland, while all of Labrador and other “rural isolated customers” will see an increase.
“With this application, the majority of residential customers in the province will see a decrease in their electricity rates,” stated the press release. “Residential customers in Labrador and rural isolated customers will see increases in their rates.”
The proposed increases can be found at www.hydrogra.ca.
Hydro is proposing a full one-cent increase, from 3.9 cents per kWh to 4.9 cents for the majority of Labradorians who live in Labrador West and central Labrador, which accounts for 10,500 customers on the Labrador interconnected system.
The 2,600 customers who live on Labrador’s coast, meanwhile, would see a price jump from 6.9 cents per kWh to 8.3 cents per kWh.
According to the website, the customers on the L’Anse au Loup system, who are connected to the Hydro-Quebec Lac Robertson system, will see an increase from 8.0 cents per kWh to 8.4 cents per kWh.
All these prices are for residential electricity rates.
The full one-cent per kWh increase that’s being proposed for non-isolated Labradorians is by far the highest out of all the regions in the general rate application. But Newfoundland and Labrador Hydro Vice President, Rob Henderson, says that the proposed rate increases are not about preferring one region against another.
Newfoundland and Labrador Hydro is proposing rate increases for Labrador customers come January 2014.