INTERVENTION IN NTPC GENERAL RATE APPLICATION

YELLOWKNIFE, NORTHWEST TERRITORIES | NOVEMBER 15, 2024

Today, the Town of Hay River and the City of Yellowknife registered as interveners in the Northwest Territories Power Corporation (NTPC) General Rate Application (GRA) with the Public Utilities Board (PUB) for an overall power rate increase of 24.8%. Both communities will participate in the proceedings to ensure that rates remain as low as possible.
As residents are aware, NTPC is the primary generator of electricity in the NWT and also the primary operator of electricity transmission infrastructure and services throughout the territory. Pricing is determined by the PUB.
Residents in the north already experience a high cost of living. NTPC’s proposed increase to power rates will significantly contribute to the economic challenges that many residents and businesses are currently facing.
“In the current reality of rising costs, ensuring the delivery of reliable and sustainable power to residents and businesses at the lowest possible rate is of utmost importance,” says Mayor Rebecca Alty.
“The Town of Hay River continues to honour its commitment to ensuring the most cost effective, reliable, and safe electrical services are being provided to its residents and businesses.” – Mayor Kandis Jameson