Memorandum of Understanding Signed Between Qulliq Energy Corporation and Nunavut Nukkiksautiit Corporation for Developing a Commercial Framework

The Iqaluit Nukkiksautiit Project (INP) achieved an important milestone on August 29th, 2025, with the signing of an MOU between its owner, Nunavut Nukkiksautiit Corporation (NNC), and the territorial electricity utility, Qulliq Energy Corporation (QEC).

QEC’s Standby Power Rate Application

Qulliq Energy Corporation (QEC) has submitted an application requesting the approval
to create a new standby power rate. The application has been submitted to the Minister responsible for QEC and will be reviewed with input from the territory's Utility Rates Review Council (URRC).

The proposed rate is solely charged to commercial customers who opt to generate
their own electricity but rely on QEC to be on standby for backup power when their
self-generation system is not operating.

Yesterday, Qulliq Energy Corporation (QEC) was made aware that Nunavut’s Workers’ Safety and Compensation Commission (WSCC) charged QEC under the Safety Act in relation to a tragic incident that took place in Naujaat on July 5, 2024 which resulted in the death of a QEC electrician. 

The Utility Rates Review Council (URRC) has authorized Qulliq Energy Corporation (QEC) to implement interim electricity rates, effective April 1, 2025. 

QEC submitted a General Rate Application (GRA) to the Minister responsible on November 29, 2024, requesting rate increases to meet the utility’s revenue needs for the 2025–2026 fiscal year. 

QEC is currently accepting applications for the QEC Board of Directors. The corporation is looking for dedicated members wtih the vision, passion, and leadership skills to makes a positive contribution.