IQALUIT, Nunavut (June 1, 2018) – The Minister Responsible for Qulliq Energy Corporation (QEC) has approved a 6.6% increase to Nunavut’s electricity rates. The increase will be applied to customer bills over a two-year period. The first increase will be retroactive to May 1, 2018, and the second increase will be applied on April 1, 2019.
QEC’s proposal to shift from the current varied rate structure to a territory-wide rate structure was not approved.
“The electricity rate increase will meet QEC’s revenue requirements and ensure that the Corporation is able to provide a continued supply of safe and reliable power to our territory,” said the Honourable Jeannie Ehaloak, Minister Responsible for QEC. “These changes are going to be applied over two years to help reduce the impact on customers.”
The final decision by Minister Ehaloak on QEC’s General Rate Application (GRA) follows a thorough review process by the Utility Rates Review Council (URRC) and public consultations. After consideration of URRC’s final report on the GRA, QEC lowered its proposed rate increase from 7.6% to 6.6%. The increase will affect all residential and commercial customers, with the exception of customers in public housing.
As a result of the decision to keep the current rate structure, the Executive Council recommended a review of the Nunavut Electricity Subsidy Program to evaluate the range of different rates currently charged to each community.
“As instructed by Minister Ehaloak, QEC is committed to working closely with the Government of Nunavut to assess the current subsidy program administered through the Department of Finance,” said Bruno Pereira, President and Chief Executive Officer of QEC.
More information on the General Rate Application is available on www.qec.nu.ca/customer-care/general-rate-application or by calling Customer Care at 1-800-710-4200.
Manager, Corporate Communications
Qulliq Energy Corporation