Accessibility/Mobile Features
Skip Navigation
Editorial News
Classified Sites

Brandon Sun - ONLINE EDITION

PUB approves 2.75 per cent rate hike for Manitoba Hydro

Manitoba Hydro won't send a crew in to Cross Lake to restore power because of threats made to its employees.

JOHN WOODS / WINNIPEG FREE PRESS ARCHIVES Enlarge Image

Manitoba Hydro won't send a crew in to Cross Lake to restore power because of threats made to its employees.

Hydro customers will see their rates rise by 2.75 per cent effective May 1.

The Public Utilities Board approved the interim increase in a ruling today. It was less than the 3.95 per cent hike Manitoba Hydro had been seeking.

In its decision, the PUB approved a two per cent increase to cover inflationary costs. It OK’d another 0.75 per cent increase to help with the funding of the Bipole III transmission line.

In a news release, the PUB said it approved the rate increase because of reduced Hydro revenues from export sales, higher Hydro operating costs with respect to the Wuskwatim Generating Station and higher corporate operating costs, among other reasons.

Hydro had sought a rate increase of just under four per cent so it could implement a development plan that involves the construction of both the proposed Keeyask and Conawapa generating stations.

The PUB is still studying that plan in what is known as a Needs For and Alternatives To (NFAT) review process.

"The issues and decisions that result from the NFAT review will have impacts on the rates set in future general rate applications," the PUB said in a news release.

Manitoba Hydro’s next general rate increase application is expected this fall.

  • Rate this Rate This Star Icon
  • This article has not yet been rated.
  • We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn’t know, mark it high. If you thought it was well written, do the same. If it doesn’t meet your standards, mark it accordingly.

    You can also register and/or login to the site and join the conversation by leaving a comment.

    Rate it yourself by rolling over the stars and clicking when you reach your desired rating. We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn’t know, mark it high.

Sort by: Newest to Oldest | Oldest to Newest | Most Popular 0 Commentscomment icon

You can comment on most stories on brandonsun.com. You can also agree or disagree with other comments. All you need to do is register and/or login and you can join the conversation and give your feedback.

There are no comments at the moment. Be the first to post a comment below.

Post Your Commentcomment icon

Comment
  • You have characters left

The Brandon Sun does not necessarily endorse any of the views posted. Comments are moderated before publication. By submitting your comment, you agree to our Terms and Conditions. New to commenting? Check out our Frequently Asked Questions.

letters

Make text: Larger | Smaller

Election 2014
Brandon Sun Business Directory
The First World War at 100
Why Not Minot?
Welcome to Winnipeg

Social Media