June 3, 2022: Newfoundland Power and its employees will be celebrating 25 years of environmental stewardship by hosting their annual EnviroFest beautification projects during National Environment Week, June 5 - 11, 2022.
Read MoreApril 27, 2022: Newfoundland Power Inc. announced today the closing of $75 million, 4.198 per cent First Mortgage Sinking Fund Bonds, due April 27, 2052. The net proceeds from the private placement will be used by the Company to repay its short-term borrowings, which were incurred principally to fund capital expenditures, to redeem maturing first mortgage bonds, and for general corporate purposes.
Read MoreMarch 28, 2022: Newfoundland Power Inc. (“Newfoundland Power”) today announced that it has voluntarily applied to the Ontario Securities Commission (the “OSC”), as principal regulator, for an exemptive relief order under the securities legislation of each of the provinces of Canada (the “Jurisdictions”) to cease being a reporting issuer in each of the Jurisdictions (the “Order Sought”). The ultimate outcome of the application and timing of an order are uncertain.
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February 17, 2022: Newfoundland Power Inc. has received an order from the Newfoundland and Labrador Board of Commissioners of Public Utilities (PUB) on its 2022/2023 General Rate Application (GRA). The PUB order approves the Company’s GRA based on the settlement agreement filed with the PUB on November 23, 2021. As a result, there will be an average decrease of 1.1% in electricity rates for residential and commercial customers effective March 1, 2022.
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December 20, 2021: Newfoundland Power's employees, retirees and customers have generously donated 4 new blanket warmers for cancer patients receiving radiation treatment at the Dr. H. Bliss Murphy Cancer Centre. This gift, valued at over $24,000, is a direct result of fundraising efforts for Newfoundland Power's corporate Charity, Power of Life.
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November 24, 2021: The Canadian Electricity Association (CEA) honoured Newfoundland Power with the Resilience and Reliability Award for their dedication to meet the electricity needs of customers. Newfoundland Power is the recipient of CEA’s first ever Reliability Award having overcome obstacles and developing long term solutions in asset management, innovation in reliability, outage communications and overall reliability management.
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November 23, 2021: A settlement agreement was filed today with the Newfoundland and Labrador Board of Commissioners of Public Utilities (PUB) regarding Newfoundland Power Inc.'s 2022/2023 General Rate Application (GRA). Recent negotiations have resulted in the settlement of all maters related to this application. If approved by the PUB, there will be an average decrease of 1.1% in electricity rates for residential and commercial customers effective March 1, 2022.
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June 28, 2021: Newfoundland Power is extremely concerned with the recent frequency of acts of vandalism to the province’s electricity system. There have been break-ins at three of the Company’s high voltage facilities over the last couple of months. Vandals illegally entered Glenwood Substation, Topsail Hydroelectric Generating Plant and Boyd’s Cove Substation, causing damage to electrical equipment and stealing copper grounding wire that was connected to the high voltage electricity grid.
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June 24, 2021: Today the Canadian Electricity Association (CEA) is proud to honour Newfoundland Power with the Sustainable Electricity Company Designation for their achievement in prioritizing sustainability practices. Newfoundland Power is the 10th company to receive this prestigious designation. As the primary distribution utility in Newfoundland and Labrador, Newfoundland Power has been providing electricity to the province for 135 years.
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June 4, 2021: Newfoundland Power is announcing the successful EnviroFest projects for 2021 in recognition and celebration of National Environment Week, May 30 - June 5, 2021.
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May 27, 2021: Newfoundland Power Inc. today filed a 2022/2023 General Rate Application (GRA) as ordered by the Newfoundland and Labrador Board of Commissioners of Public Utilities (PUB). In the application, the Company is proposing an average increase to current electricity rates of 0.8%, or 80 cents on a $100 electricity bill, effective March 1, 2022, for both residential and commercial customers. As a regulated utility, Newfoundland Power is required to file a GRA about every three years. This process includes a full review of the Company’s costs and customer rates.
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April 22, 2021: Newfoundland Power is pleased to announce it is accepting proposals for EnviroFest 2021. These annual environmental grants assist community-minded organizations and groups develop or improve environmentally-friendly projects in communities across the island.
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July 21, 2020: The Board of Directors of Newfoundland Power Inc. today announced that Gary Murray has been appointed as President and Chief Executive Officer, replacing Peter Alteen who is retiring effective August 1, 2020.
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June 17, 2020: Today, Newfoundland Power Inc. received approval from the Board of Commissioners of Public Utilities for its plan to apply a one-time bill credit to customers’ electricity bills in July 2020.
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March 10, 2020: Newfoundland Power employees in Burin have generously donated 5 Sleeper Chairs to the Burin Peninsula Health Centre. This gift, valued at $7,000, is a result of fundraising efforts by Newfoundland Power employees, retirees and their families for Power of Life.
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December 13, 2019: Newfoundland Power employees in Stephenville have generously donated a Cuddle Bed for cancer patients receiving care at the Sir Thomas Roddick Hospital. This gift, valued at almost $20,000 is a result of fundraising efforts by Newfoundland Power employees, retirees and their families for The Power of Life Project.
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October 24, 2019: Newfoundland Power and Newfoundland and Labrador Hydro held the 2nd Annual takeCHARGE Luminary Awards today. The awards recognize people, organizations and communities committed to energy efficiency.
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June 19, 2019: The Fluvarium will be holding its annual Atlantic Salmon Federation's Fish Friends Salmon Release on Thursday, June 20.
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May 31, 2019: Newfoundland Power employees will be hosting their annual EnviroFest celebrations across the province during National Environment Week, June 2 - 8, 2019.
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April, 1, 2019: Newfoundland Power employees in Clarenville have generously donated chemotherapy recliners, family chairs and a vital signs monitor to be used in the Chemotherapy Room at the Dr. G.B. Cross Memorial Hospital. This gift, valued at $11,000 is a result of fundraising efforts by Newfoundland Power employees, retirees and their families for The Power of Life Project.
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March 13, 2019: Newfoundland Power employees in Grand Falls-Windsor have generously donated 14 patient and family chairs to the surgery unit at the Central Newfoundland Regional Health Centre. This gift, valued at over $11,000, is a result of fundraising efforts by Newfoundland Power employees, retirees and their families for The Power of Life Project.
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January 25, 2019: Newfoundland Power Inc. received an order from the Newfoundland and Labrador Board of Commissioners of Public Utilities (PUB) on its 2019-2020 General Rate Application (GRA). The PUB order approves the proposals outlined in the Company’s GRA based on the settlement agreement that was filed with the PUB on November 14, 2018. As a result, there will be no general increase in electricity rates for residential and commercial customers.
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January 23, 2019: Newfoundland Power employees in the Corner Brook area have generously donated a new sleeper chair for family members of cancer patients receiving care at the Western Memorial Regional Hospital in Corner Brook. This gift, valued at $3,500, is a direct result of fundraising efforts by Newfoundland Power employees, retirees and their families for The Power of Life Project.
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November 22, 2018: Newfoundland Power employees in the Gander area have generously donated much-needed cancer care equipment for cancer patients receiving treatment at the James Paton Memorial Hospital in Gander. This gift, valued at $10,000, will make a big difference for cancer patients receiving treatment and is the direct result of fundraising efforts of local Newfoundland Power employees, retirees and their families, for The Power of Life Project.
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November 20, 2018: Newfoundland Power employees in the Port aux Basques area have generously donated much-needed cancer care equipment to the Dr. Charles L. LeGrow Health Centre. This gift, valued at $7,000, will make a big difference for cancer patients receiving chemotherapy and is the direct result the fundraising efforts of local Newfoundland Power employees, retirees and their families for The Power of Life Project.
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November 14, 2018: A settlement agreement was filed today with the Newfoundland and Labrador Board of Commissioners of Public Utilities (PUB) regarding Newfoundland Power Inc.’s 2019-2020 General Rate Application (GRA). Recent negotiations have resulted in the settlement of all matters related to this application. If approved by the PUB, there will be no general increase in electricity rates for residential and commercial customers.
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October 24, 2018: Today, Newfoundland Power and Newfoundland and Labrador Hydro held their first ever Luminary Awards. All across Newfoundland and Labrador, people, organizations and communities are committing to energy efficiency. The takeCHARGE Luminary Awards were created to recognize their endeavours and inspire others to follow their brilliant lead. The winners were announced today at the Luminary Awards event, held at Lester’s Farm.
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June 22, 2018: The Newfoundland and Labrador Board of Commissioners of Public Utilities (PUB) have approved an average increase in customer electricity rates, effective July 1, 2018, of approximately 6.8%. This rate increase is the net result of a flow-through adjustment to Newfoundland Power’s customer electricity rates resulting from a ruling on Newfoundland and Labrador Hydro’s (Hydro) Interim Rates Application related to its 2017 General Rate Application and the annual review of the Rate Stabilization Account (RSA).
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June 18, 2018: The Suncor Energy Fluvarium will be holding its annual Atlantic Salmon Federation's Fish Friends Salmon Release on Tuesday, June 19.
Read MoreJune 1, 2018: Newfoundland Power Inc. today filed a 2019-2020 General Rate Application (GRA) as required by the Newfoundland and Labrador Board of Commissioners of Public Utilities. In the application, the Company is proposing an overall average increase to current electricity rates of 1.2% effective March 1, 2019, for both residential and commercial customers.
Read MoreApril 30, 2018: The Board of Directors of Newfoundland Power Inc. today announced that Peter Alteen has been appointed as Interim President and Chief Executive Officer, replacing Jocelyn Perry who has been appointed Executive Vice President, Chief Financial Officer of Fortis Inc. Both appointments are effective June 1, 2018.
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Newfoundland Power employees in the Carbonear area are pleased to unveil a newly renovated chemotherapy unit at the Carbonear General Hospital. The much-needed upgrades were the result of a $10,000 donation on behalf of Newfoundland Power’s corporate charity, The Power of Life Project.
Read MoreOctober 23, 2017: Newfoundland Power Inc. is proud to announce the Provincial Hard Hat Drive, as part of The Power of Life Project, held on Saturday, October 21, raised over $30,000 for cancer care in our province.
Read MoreSeptember 28, 2017: Newfoundland Power and Newfoundland and Labrador Hydro (Hydro) are celebrating 25 years of offering rebates on attic and basement insulation. Since 1992 over 14,000 homeowners have been able to top up their insulation with the help of these rebates.
Read MoreSeptember 19, 2017: Newfoundland Power’s corporate charity, The Power of Life Project, is celebrating 15 years of supporting cancer care across the province. In celebration of 15 years, The Power of Life Project is donating $100,000 to purchase a wide range of equipment from chemotherapy chairs and blanket warmers to therapeutic gardens.
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July 20, 2017: Through its takeCHARGE program, Newfoundland Power recently donated over 3,000 LED light bulbs to several local, non-profit organizations across the island.
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June 28, 2017: Newfoundland Power Inc. today announced that its Victoria Hydroelectric Plant has been inducted into the Hydro Hall of Fame for 2017 by Hydro Review, a leading hydro magazine in North America.
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June 02, 2017: Newfoundland Power employees will be hosting the 20th annual EnviroFest celebrations across the province during National Environment Week, June 4 - 10, 2017...
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May 29, 2017: Newfoundland Power is proud to announce its live feed Osprey NestCam is now available for public viewing...
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March 22, 2017: Newfoundland Power is pleased to announce its EnviroFest 2017 Grant Program to assist community-minded organizations and groups develop or improve environmentally-friendly projects in communities across the island...
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January 12, 2017: Newfoundland Power and Newfoundland and Labrador Hydro (Hydro) wish to advise that the distribution of the Rate Stabilization Plan (RSP) refund to current customers will begin on February 15, 2017...
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