NB Power will get an increase in rates, but it looks like it won’t be as much as they had hoped for.
The Energy and Utilities Board released a decision yesterday, but they’ve asked that NB Power revise its calculations That’s a move that will reduce the overall requested hike of 2 per cent.
The Energy and Utilities Board is expected to have a revised amount by the end of the week, and the increase is expected to go into effect on April 1st.
