NB Power’s Request for April 1 Rate Hike Denied, New Rate Delayed

NB Power’s request for April 1 rate hike denied, new rate delayed

NB Power’s request to increase rates in April has been rejected by the New Brunswick Energy and Utilities Board (EUB), with a new rate expected in either June or July.

New Brunswick utilities board rejects April 1 power rate increase

A proposed 4.75 per cent increase in electricity prices that N.B. Power was hoping to impose on customers April 1 will instead be delayed until June or, potentially, July.

NB Power barred from raising rates in April

NB Power won’t be allowed to impose a steep interim rate hike to electricity prices on April 1. The New Brunswick Energy and Utilities Board rejected the stopgap request for a 4.75 per cent increase Monday morning as the first order of business in a hearing to decide if the rate should rise sometime later […]