Updated General Rate Application: A Message to our Customers

The Company has filed an Application and subsequent amendments with the Island Regulatory and Appeals Commission (IRAC) proposing to set customer electricity rates for the two year period from March 1, 2020 to February 28, 2022. This Application was filed in accordance with IRAC Order UE19-08 [PDF-27 MB] issued September 27, 2019 requesting updated financial information from the Company for the 2019 – 2021 period. 

The Company is proposing a general rate increase of 1.1% on March 1, 2020, and 1.2% on March 1, 2021 for a typical customer.

The increase is required to recover the Company’s cost of providing service to our customers, the recovery of post-tropical storm Dorian restoration costs, and to fund the provincial energy efficiency programming during the period.

 

Proposed monthly electricity bill for a typical customer

  March 1, 2020 March 1, 2021
Typical Rural Residential customer using 650 kWh
(year over year change)

$130.37
1.1%

$131.88
1.2%
Typical General Service customer using 10,000 kWh*
(year over year change)
$2,195.42
1.1%
$2,220.89
1.2%

* 50 kW demand

 

The filing [PDF-1 MB] can be viewed on IRAC's website.

For more information, please email us at customerservice@maritimeelectric.com or call us Monday to Friday between 8 am and 5 pm at 1-800-670-1012.