Government Moving Ahead with 15 per cent Electricity Discount Starting in January, Doubling Oil Heating Supplement - VOCM
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The provincial government is moving ahead with a commitment to lower energy costs for Newfoundlanders and Labradorians with a previously announced 15 per cent discount on electricity bills associated with the Churchill Falls agreement. Premier Tony Wakeham says government understands people need help now, and they will be going ahead with the discount starting in January. Listen to “Premier Tony Wakeham makes an announcement” on Spreaker. “…rather than waiting until the final agreement is completed, beginning in January 2027, residential customers will see a 15 per cent reduction in their Newfoundland Power and NL Hydro electricity bills.”Finance Minister Craig Pardy at NL Hydro (Government of NL)In the meantime, government is doubling the home heating supplement – from $500 to $1000 for eligible residents who heat their homes with oil. according to Finance Minister Craig Pardy. Those who have already applied, will not need to reapply to get the added support.
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