NB Power

It's the Crown Utility's first multi-year rate plan, which it says will help households and businesses plan ahead.

NB Power says the money is needed to maintain and modernize an aging system.

If approved by the regulator, the new rates could take effect next April.

New Brunswickers are being invited to weigh in on the province's review of natural gas development.

As the balance has grown, the approved recovery period has stretched from two to eight years.

The report found the mechanism has boosted NB Power's reported net earnings by about three hundred and eighty-four million dollars since it was introduced, yet the utility has continued to miss its financial targets.

After this word, Campobello Island is facing supply questions after US Customs and Border Protection refused entry to a bonded truck traveling to the island.

And a new women-led construction social enterprise has launched in St. John's.

It's a big part of the conversation for, uh, you folks here in L'sibooktuk, and K'j-Bit Lodge, and MTI, and these consultations are playing out.

NB Power executives say, "Well, you know, these consultations, yes, are going on, and we'd love the support of local First Nations communities.

But you know what? We're gonna build this anyway, regardless of whether we get that support or not." And I wonder, um, how you feel about that.

Like, what, what is the value of consultation in your view right now on questions of land use?

PEI has now invested significantly in waste to energy and other types of baseload they can source.

Historically, they got their baseload from New Brunswick Hydro.

New Brunswick is also constrained.

I think you can imagine how much worse that situation will become in 2026, this winter and next winter.

Is that part of the new strategy moving forward to actually produce more energy?

As I mentioned, 85% of their electricity comes from NB Power.

15% is from a new wind farm.

They have 10 turbines, I think, that produce 40 megawatts of power.

We have started to see the inflection point in terms of the demand for electricity, you know, growing.

So I believe that the steps we have taken in the past to, you know, improve efficiency and now that we're on more of a growth trajectory in terms of load, that's going to serve us really well into the future.

a lot of your energy comes from NB Power.

We've all been following what's going on at NB Power.