Electricity Rates
At Hydro, we are dedicated to delivering safe, reliable, least-cost power our customers.
We know that customers are counting on us to manage electricity costs as much as possible. It’s our responsibility to manage rates and take steps to reduce costs and operate as efficiently as possible, while ensuring we continue to provide reliable service for our customers.
July 1, 2018 Rate Adjustment
Rates for Newfoundland and Labrador Hydro’s Island Interconnected, L’Anse au Loup, and Isolated Rural customers increased effective July 1, 2018. For more information and to learn why rates are changing, please click here.
Update on Hydro’s Application for 2018-19 Electricity Rates
On July 28, 2017, Hydro filed an application with the Newfoundland and Labrador Board of Commissioners of Public Utilities (PUB) proposing new electricity rates for 2018 and 2019. The review of this rate application is still underway and, as part of the process, the rates originally proposed have recently changed.
Estimated customer electricity rate increases for January 1, 2019, for most residential customers on the island, is now 1.2%.
To learn more about proposed rates, please click here.