New Brunswick utilities board rejects April 1 power rate increase | CBC News

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new-brunswick-utilities-board-rejects-april-1-power-rate-increase-|-cbc-newsNew Brunswick utilities board rejects April 1 power rate increase | CBC News

New Brunswick

A proposed 4.75 per cent increase in electricity prices that N.B. Power was hoping to impose on customers April 1 will instead be delayed until June or, potentially, July.

N.B. Power has itself to blame for a delays at its rate hearing, board rules

Robert Jones · CBC News

· Posted: Mar 09, 2026 2:29 PM EDT | Last Updated: 1 hour ago

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Aerial shot of a natural gas generating plant.N.B. Power requested and got an expedited hearing into its request to have a new natural gas generating station built in Tantramar, which threw its planned rate hearing off schedule. (ProEnergy)

A proposed 4.75 per cent increase in electricity prices that N.B. Power was hoping to impose on customers April 1 will instead be delayed until June or, potentially, July.

In a ruling Monday, the New Brunswick Energy and Utilities Board found that a five-week delay in starting N.B. Power’s rate hearing is the utility’s own fault and it will have to bear the consequences.

“The delay was caused by factors within N.B. Power’s control,” EUB chair Christopher Stewart said at the opening of the rescheduled rate hearing Monday morning 

“An interim rate order is an extraordinary remedy and it is not intended to shield utilities from the known or reasonably foreseeable consequences of their own business decisions. 

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