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Power Rates Increase 2.48%

NB Power customers are now paying an extra 2.48 per cent for their electricity.

The Energy and Utilities Board approved the rate hike Thursday — which is also when the increase takes effect.

The utility had requested a 2.9 per cent hike for residents and a 1.7 per cent increase for commercial customers.

But in a decision earlier this week, the EUB ordered NB Power to calculate a uniform increase for all customers.

Water heater and heat pump rental rates will remain the same.

Author

  • Brad Perry is an award-winning news anchor and reporter and a 2013 graduate of the NBCC journalism program. Based in New Brunswick, he is also the assistant national news director for Acadia Broadcasting. Contact Brad at perry.brad@radioabl.ca.

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Moncton, NB
7:42 am, Jun 10, 2026
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