The $68 million increase in earnings was the result of a number of factors, including an $84-million reduction in expenses for fuel, purchased power and transmission.
Sharon Murphy of the Conservation Council tells CHSJ News if NB Power wants to stay in the black, it sould continue buying cheap hydro electricity from Quebec because it's far less expensive than nuclear power from the Point Lepreau plant.
NB Power is still saddled with big debt estimated at 4.5 billion dollars, as of the end of last year.
