Hydro Rate Increases

Residential electricity rates in the province will increase on average by 8.1 per cent, effective July 1st, 2017.

The average increase in commercial rates ranges from 8.5 to 11.9 per cent, depending on the class of service.

The actual amount of the increase will vary for individual customers, depending on the type of service and the amount of electricity used, Newfoundland Power said.

The monthly rates for street and area lighting will increase on average by 1.9 per cent.