Menu
person holding white printer paper

Hearings begin for NB Power rate hike

,

Further examination will begin today as the New Brunswick Energy and Utilities Board Public considers a proposed 4.75 per cent rate hike for NB Power.

Public hearings begin on Monday morning at 9:30 and are scheduled to continue until March 20.

NB Power filed its application for the increase in October last year

The crown utility claims the current rates will be insufficient to provide for the full recovery of its revenue requirements for the 2026/27 fiscal year.

If the increase is approved, it will go into effect on April 1.

Author

  • Tara Clow

    Tara Clow is a multi-award-winning news anchor and reporter with more than 30 years of experience at radio stations across Canada. She is a graduate of the Radio and TV Arts program at Toronto Metropolitan University and the Humber College radio broadcasting program. She is based in Moncton and covers stories across Canada. Contact Tara at clow.tara@radioabl.ca.

Related Posts