Nunavut-wide (November 1, 2022) – Qulliq Energy Corporation is announcing new territory-wide electricity rates for its customers. The Honourable Craig Simailak, Minister responsible for Qulliq Energy Corporation, approved the following new rates to come into effect on October 1, 2022:
Non-government residential rates at 62 cents per kilowatt hour
- Under Nunavut’s Electricity Subsidy Program, all non-government residential customers pay 50% of the Iqaluit rate (now 31 cents per kilowatt hour) on energy usage up to 700 kilowatt hours from April 1 to September 30 and 1000 kilowatt hours from October 1 to March 31. Any usage exceeding the subsidy limit is billed at full cost. The territory-wide rate structure will provide significant savings to customers whose monthly usage exceeds the territorial subsidy.
- Non-government commercial rates at 51 cents per kilowatt hour
- Government residential rates at 93 cents per kilowatt hour
- Government commercial rates at 87 cents per kilowatt hour
To minimize the financial impacts of this rate change on non-government residential and commercial customers, government electricity rates have increased to lower rates for non-government customers. A new municipal tax-based rate was also approved at the same rates as non-government customers to avoid negative financial impacts on residents. The corporation was also approved to increase streetlight rates by 5%.
“This new territory-wide rate structure means all customers of the same type would pay the same rate for electricity regardless of where they live,” said the Honourable Craig Simailak. “The government decision to further subsidize power supports Piliriqatigiinniq and Ikajuqtigiinniq by implementing changes that are significantly more equitable for Nunavummiut who already pay some of the highest electricity rates in Canada.”
“The new rates will allow the corporation to secure the revenue needed to continue providing safe and reliable energy to the territory in a way that’s more affordable for our customers,” said Rick Hunt, QEC’s President and, CEO. “This was made possible by significant investment from the Government of Nunavut that further promotes economic growth in Nunavut communities.”
Acting Manager, Corporate Communications
Qulliq Energy Corporation