IQALUIT, Nunavut (December 5, 2018) – Qulliq Energy Corporation (QEC) has applied to charge customers a fuel rider of 1.25 cents per kilowatt-hour for the period of November 1, 2018, to March 31, 2019. The application was submitted to the Minister responsible for QEC, who will seek recommendations from the territory’s Utility Rates Review Council.
“The requested fuel rider charge is the result of the recently announced increase in territorial fuel prices,” said the Honourable Jeannie Ehaloak, Minister responsible for QEC. “This will be the first fuel rider charged to QEC’s customers since 2013.”
A fuel rider is an additional charge or refund on customer bills that is intended to reflect the difference between the fuel prices reflected in the electricity rates and the actual cost of fuel paid by QEC.
“QEC customers can expect the charge to be automatically applied to their monthly bills, starting with the November utility bill, with the exception of public housing tenants who are subsidized under the User Pay Program,” said Bruno Pereira, QEC’s President and CEO.
Customers who use approximately 500 kilowatt-hours per month can expect to see an increase of approximately $6.25 (excluding GST) on their monthly bill.
More information on QEC’s fuel rider application is available at www.qec.nu.ca.
Acting Manager, Corporate Communications
Qulliq Energy Corporation