N.B. Power

2023 - 1 - 16

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Image courtesy of "CBC.ca"

'Yo-yo' rebate scheme will see N.B. Power gift customers $15M ... (CBC.ca)

A $15 million rate rebate N.B. Power has been promoting to customers as a "good news" benefit they will begin to receive in April will likely be clawed back ...

The decision to track actual revenues and expenses of N.B. He doesn't believe the utilities board has the authority to reject N.B. Power writes in its official explanation of what will likely happen to those who get a rebate this year. Power acting president Lori Clark announced that under new rules created by the New Brunswick government, the utility is required to deliver rebates or impose surcharges on customers each April depending on whether it is over or under budget on revenues and expenses by Oct. is irresponsible," wrote Robert Knecht, who analyzed the rebate in a package of evidence he submitted regarding N.B. Power bought to protect itself against the prices for oil, coal, natural gas and uranium rising this year. Power to recover its โ€ฆ But not mentioned at the time was that N.B. Knecht was hired to analyze N.B. In a briefing for reporters Dec. "The company's yo-yo proposal โ€ฆ A $15 million rate rebate N.B.

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