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Orders in Council Database

Order Details

Order Number:

OC2010-216

Order Date:

2010-07-28

Department:

Natural Resources

Authority:

Electrical Power Control Act

Order Text:

Under the authority of section 5.1 of the Electrical Power Control Act, 1994, the Lieutenant Governor in Council is pleased to direct the Board of Commissioners of Public Utilities to:

i)  change Newfoundland and Labrador Hydro’s rate structures to adopt a policy that, upon application by Newfoundland and Labrador Hydro, amends the Load Variation provision of Newfoundland and Labrador Hydro’s Rate Stabilization Plan to effect a reduction in the balance of the Rate Stabilization Plan attributable to the Industrial Class load variation in the amount of $10 million being the same amount that the Government of Newfoundland and Labrador contributed to the Industrial Customer component of the Rate Stabilization Plan, as approved by the Board under Order No. P.U. 31(2006); and

ii)  adopt a policy as to Newfoundland and Labrador Hydro’s rate structures that, upon application by Newfoundland and Labrador Hydro for such a change in the Rate Stabilization Plan, the amount so deducted from the balance in the Industrial Customer Load Variation component to be reimbursed to the Government of Newfoundland and Labrador be approved, and that there will be no changes to Newfoundland and Labrador Hydro’s rates to its customers or deemed changes to its other costs, cost structures, or other components of the Rate Stabilization Plan, resulting from that application.

 

 

 

 

 

 

 

 

 

 

 

 

 

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