The House of Assembly is debating amendments to change the way the Public Utilities Board operates.
Among the changes, the board will have to consider whether power is being provided in an environmentally sustainable manner, besides just being the least-cost option.
NTV’s Rosie Mullaley reports.
Power rates are expected to increase by almost 7 per cent July 1. That’s after applications from Newfoundland and Labrador Hydro and Newfoundland Power. The PUB still has to approve the hikes, which are not related to Muskrat Falls.
The Public Utilities Board has launched the first phase of its products pricing review with a consultation process.
The review was requested by Service NL’s Sarah Stoodley last June. It will examine the pricing mechanism as well as benchmark pricing for wholesale markups of petroleum products. The feedback form for consultations can be found on the PUB’s website.
