Consumer Advocate Questions Reasoning Behind Latest Hydro Rate Increase Application

The province’s consumer advocate is questioning the reasoning behind another rate increase application by Newfoundland and Labrador Hydro.

The utility has filed for a 13 per cent rate hike over the next two years, citing their commitment to safe, reliable service and preparation for interconnection with the North American grid.

Dennis Browne says he’s concerned with the wording of Hydro’s Friday release.

He says it needs more explanation. The application proposes to help offset future rate increases that savings gained from bringing cheap power from Labrador or Nova Scotia be set aside, and Browne questions why they are talking about bringing power from Nova Scotia at all.

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