Mr. Speaker, the Public Utilities Board sets rates for both NTPC and Northland Utilities. NTPC did apply for 114 per cent in 2013-2014 based on a calculation of revenue-to-cost coverage. The Public Utilities Board rejected this calculation and directed that NTPC bill electricity at 98 per cent which is where it remains to this day. Thank you.
Louis Sebert on Question 378-18(2): Territorial Power Rates, Generation And Distribution Systems
In the Legislative Assembly on October 25th, 2016. See this statement in context.
Question 378-18(2): Territorial Power Rates, Generation And Distribution Systems
Oral Questions
October 24th, 2016
See context to find out what was said next.