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NB Power Applies To Hike Rates in 2017

NB Power has once again applied to raise rates by two per cent.

The application was made to the Energy and Utilities Board this week

If approved, the rate increase would take effect April 1 of next year.

The application from NB Power states that the increase would allow the utility to continue repaying debt while also investing in outage prevention and customer reliability.

It maintains its position as the utility with the lowest electricity rates in the Maritimes.

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