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.
Read more Business News
- Traffic stop payoutVernon / N. Okanagan - 12:17 pm
- Officer charged with murderBC - 11:52 am
- Grizzly chomps on cameraBC - 12:10 pm
- Traffic delays along highwayWest Kelowna - 12:44 pm
|QHR Technologies Inc||1.12||+0.01|
|Anavex Life Sciences||0.191||+0.001|
|Copper Mountain Mining||1.99||+0.05|
|Sunrise Resources Ltd||0.06||0.00|
|Mission Ready Services||0.45||0.00|
This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...
Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...
The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...