Yellowknife customers to receive refunds from Northland Utilities

Main Street of the hamlet of Sachs Harbour on Banks Island in the Northwest Territories. (Erika Larsen/Redux)

People of Yellowknife will see lower power rates on their next energy bill.

The Public Utilities Board has found Northland Utilities made 30 per cent more profit than expected on its Yellowknife business in 2016. The company made $842,000 more than estimated.

The company said a combination of factors resulted in the surplus including wage savings and revenues from development projects paying for power hook-ups.

This may come as a surprise to Yellowknife residents who saw rates from NTPC rise back in July.

Customers will see a roughly 1.8 percent decrease on their next bill.

About the Author

Owen Fullerton
Owen is brand new to the radio industry. Graduating from Niagara College in 2017 with a broadcasting for radio and TV diploma, Owen decided to start his career up here in the North. A huge sports fan, music junkie, and Netflix binge watcher, he is pretty talented at wasting an obscene amount of time on these things. Owen is excited to see what the North and CKLB radio has in store for him.

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