The Board has been requested by Government to undertake a review of electricity rate mitigation options and impacts in relation to the Muskrat Falls Project in accordance with the reference from the Lieutenant-Governor in Council under section 5 of the Electrical Power Control Act issued on September 5, 2018. The Board has been directed to review and report on: 1) options to reduce the impact of the Muskrat Falls Project costs on electricity rates; 2) the amount of required and surplus energy and capacity from the project; and, 3) the rate impacts of the identified options based on the most recent project cost estimates.

Government has appointed Dennis Browne, Q.C. as Consumer Advocate for the purposes of participating in this review. Mr. Browne may be contacted here

 


Update
The Board’s interim report to Government addressing its preliminary findings is required by February 15, 2019.

The Board has received interim reports from its experts, The Liberty Consulting Group and Synapse Energy Economics. Nalcor's response to the Interim Reports was filed with the Board on January 9, 2019. The Board will also consider other submissions and comments as part of its interim report to Government. The filing deadline for the receipt of other submissions and comments is 3:00 pm of Friday, January 18, 2019.

For additional information see the links below:
Media Release - Release of Interim Reports and Invitation for Submissions and Comments - January 2, 2019

Review Workplan and Schedule
Information on how to file a submission or comments