Wednesday, July 1st26.7°C
26836

Hydro-Quebec granted rate increases by provincial energy regulator

MONTREAL - Quebec's energy regulator has approved a 4.3 per cent increase in Hydro-Quebec rates as of April 1.

The Regie de l'energie released its decision late Thursday afternoon.

Hydro-Quebec had originally asked for a 5.8 per cent increase but the energy regulator revised several of the Crown utility's calculations.

The increase for large industrial clients will be 3.5 per cent.

Hydro-Quebec cited losses incurred in windmill-energy contracts as one reason for seeking the hikes.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX14553.33+63.18
S&P CDNX671.49+4.40
DJIA17716.68+97.17
Nasdaq5004.98+18.11
S&P 5002073.78+10.67
CDN Dollar0.7946-0.006
Gold1168.60-2.90
Oil57.61-2.49
Lumber288.00-0.30
Natural Gas2.778-0.054

 
Okanagan Companies
Pacific Safety0.16-0.01
Knighthawk0.010.00
QHR Technologies Inc1.52-0.01
Cantex0.04-0.01
Anavex Life Sciences0.4545+0.0045
Metalex Ventures0.075+0.010
Russel Metals22.73+0.05
Copper Mountain Mining1.16-0.01
Colorado Resources0.08-0.02
ReliaBrand Inc0.006-0.000
Sunrise Resources Ltd0.04+0.01
Mission Ready Services0.185+0.015
Decisive Dividend Corporation2.50+0.42

 



26908

FEATURED Property
2163668518 Knowles Road
4 bedrooms 3 baths
$699,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Active listening

Has this ever happened to you? You had an initial meeting with a prospect. You asked that prospect what seemed to be all the right questions. You had what felt to you like a good conversation, and bas...


The price of money

Money is not a commodity. By definition, a commodity is a generic product that is bought and sold on price alone. Money, Canadian bills for example, look the same, smell somewhat the same, and are ava...


TFSA strategies

Photo: Thinkstock.comThe federal government has increased the annual contribution limit of Tax-Free Savings Accounts (TFSA) to $10,000. Going forward, the annual limit will no longer be indexed to inf...

_








Member of BC Press Council


25831