We buy 93% of the power we deliver to our customers from the Crown Corporation, Newfoundland and Labrador Hydro, the primary generator of electricity in the province. The cost of purchasing power is our single largest expense and it represents approximately 2/3 of all of our costs. Increases in the cost of supply have a direct impact on electricity rates for our customers.
We understand the impact electricity rates can have on our customers and we remain committed to managing our costs. We have been able to consistently beat inflation when it comes to our operating costs. Providing the safest, most reliable service to our customers, at the least-cost possible, is what guides all of our business decisions.
For more information about rates visit