2009-05-27:
10:43:45:
The Energy and Utilities Board has begun its public investigation into NB Power's 3 per cent rate hike that came into effect on April first. Vice President of Transmission and Distribution, Darren Murphy says the decision was made in the context of the global economic crisis.
The rate hike came after the EUB approved a 5.9 per cent increase for NB Power in 2007. A report must be submitted to Energy Minister Jack Keir by June 30th on the justification of the increase.
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