ST. JOHN'S, N.L. — Newfoundland and Labrador Hydro is proposing a new electricity rate for the use of surplus power and it has drawn the attention of some ...
NL Hydro is proposing to change the rate charged for excess power in the province to reflect the market value of exporting it. Photo by Matthew Henry on UnsplashST. JOHN'S, N.L. — Newfoundland and Labrador Hydro is proposing a new electricity rate for the use of surplus power and it has drawn the attention of some big industrial customers in the province.
“To determine a just and reasonable rate for a non-firm service offering on the Labrador interconnected system, Hydro has reviewed the approach to non-firm rates by other utilities as well as the non-firm energy rate that is currently in effect for Hydro’s island industrial customers,” the application reads. “Hydro’s application generally reflects accepted utility practice in other Canadian jurisdictions.
According to BlockLAB’s submission, the application runs contrary to Hydro’s legislated mandate to provide power within the province at rates that are reasonable and not unjustly discriminatory, referring to it as"offensive" and setting a"dangerous precedent."
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