N.B. Power has recalculated the rate increases it can charge this year, and next, following a ruling by the Energy and Utilities Board. Residential rate increases of 9.7 per cent are now up for final approval. That’s slightly less than the 9.8 per cent increase households have been paying since April and will require a small refund by the utility — really small. Most residential customers are likely to see a credit of $2 or less.
