New Electricity Rates

Your Electricity Rates

New electricity rates have been approved by the Island Regulatory and Appeals Commission (IRAC) covering the three year period from March 1, 2016 to February 28, 2019. Electricity costs for typical customers will increase 2.3% annually during this period. Maritime Electric service charges have not increased but the costs for electricity usage has, so depending on usage patterns individual customer electricity cost changes will vary. Please see the chart below for more information on electricity rates.

To review the 2016 General Rate Agreement and the Approved Order from IRAC, please click here.

If you require additional information, please email or phone us during business hours at 1-800-670-1012.