NTPC set
to introduce new rate schedule
The
NWT Public Utilities Board (PUB) has approved final power rates that
the Northwest Territories Power Corporation (NTPC) can now charge its
customers. These new rates will come into effect on November 1st, 2003.
This announcement
brings to a conclusion the 2 ½ year comprehensive General Rate
Application (GRA). The GRA process saw most of the communities served
by the Corporation participating during the course of proceedings.
With final rates
now approved the majority of residential customers will see minor increases
of less than $2 per month in their electricity bills compared with what
they are currently paying.
NTPC’s business
customers, including municipal, territorial and federal government operations,
are now grouped together under the broad heading of General Service.
The majority of general service customers will see decreases from what
they are paying today.
It should also be
noted that the current revenue shortfall rider that relates to the provision
of services in 2002-03 and is presently being paid by some customers,
is expected to end in all communities by April 2004.
For more information
relating to the new rates, customers can call their regional NTPC office
or visit NTPC’s website, www.ntpc.com.
For further information
please contact:
Judith
Goucher
Director, Finance & Chief Financial Officer
(867) 874-5234
or
Peter
Watt
Marketing & Communications Officer
(867) 874-5215
(867) 874-1288 (cell)
