Electricity Rates

We’re dedicated to delivering safe, reliable, least-cost power to our communities―people who count on us to manage electricity rates and take steps to reduce costs and operate as efficiently as possible. We are equally committed to controlling the cost of our operations while supporting environmental and sustainable practices.

Recent Electricity Rate Updates:

Electricity rates are changing for most customers, effective July 1, 2023 (June 28, 2023)
Customer Rate Adjustment Expected July 2023 (April 21, 2023)
Electricity rates remain stable, decreases in most rate categories, effective July 1, 2022 (July 4, 2022)
Customer Electricity Rates Expected to Remain Stable this July Following Hydro’s Annual Rate Application (June 1, 2022)
Financial Restructuring Agreement for Third Federal Loan Guarantee and LIL Investment Finalized (March 31, 2022)

Current Rates

Here you'll find information on the current electricity rates for customers across the province.

Frequently Asked Questions

Get answers to popular questions about how the price of fuel impacts electricity rates in our province

Regulatory Information

The Newfoundland and Labrador Board of Commissioners of Public Utilities (PUB) is responsible for the regulation of the electric utilities in the province.