IQALUIT, Nunavut (September 21, 2017) – Qulliq Energy Corporation (QEC) has applied to the Minister responsible for QEC for a new Fuel Stabilization Rate (FSR) refund of 5.41 cents per kilowatt hour. The proposed refund covers the period of October 1, 2017 to March 31, 2018.
“This is the fifth consecutive FSR refund that QEC has requested since November 2015. I look forward to consulting with the Utility Rates Review Council regarding QEC’s application,” said the Honourable Johnny Mike, Minister responsible for QEC.