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.
Latest Update on 2019 Rates:
On September 11, 2019, Hydro received an order from the Newfoundland and Labrador Board of Commissioners of Public Utilities (Board) approving electricity rate changes for customers, effective October 1, 2019. These rate changes are part of our ongoing General Rate Application (GRA). Final electricity rates for most customers are expected in the coming weeks, following final applications by both Hydro and Newfoundland Power to the Board, to approve and implement the rate changes. Click here for the latest update.
Recent Electricity Rate Updates:
- Hydro receives approval from Public Utilities Board for proposed 2019 electricity rates (September 13, 2019)
- Hydro files proposed electricity rates for 2019 in ongoing rate application (July 12, 2019)
- Hydro receives Board order for current General Rate Application (May 15, 2019)
- Hydro proposes revised options for 2019 electricity rates (August 3, 2018)
- Interim Rates & Annual Rate Stabilization Plan in effect for most customers (July 25, 2018)
