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November 16, 2021. This article was published in November 2021 and may be outdated. Manitoba Hydro filed its 2021–22 Interim Rate Application with the Public Utilities Board (PUB) yesterday requesting an overall average five per cent electricity rate increase, effective Jan. 1, 2022. The Corporation was directed to file an application with ...
Feb 16, 2021 · Manitoba Hydro announced today the reorganization of its subsidiary Manitoba Hydro International (MHI). The reorganization follows an independent review of MHI operations and helps ensure the subsidiary’s business aligns with Strategy 2040, Manitoba Hydro’s long-term strategic plan – developed to enhance the focus on the utility’s core business of delivering clean, affordable and ...
- Costs of Major Capital Projects
- Keeyask In-Service Deferral Account
- 4.0 Interveners’ Positions
- Manitoba Keewatinowi Okimakanak (“MKO”)
Manitoba Hydro’s recent capital investments have resulted in a significant portion of its annual revenue requirement, to be paid by ratepayers, being made up of carrying costs as well as the operating and maintenance costs of the assets that are utilized to provide service to customers. While assets are under construction, the capital expenditure...
Manitoba Hydro sought to introduce a Keeyask In-Service Deferral Account in order to maintain its prior accounting practice with respect to the timing of the recognition of costs related to its hydroelectric generating stations under construction. Now that Manitoba Hydro has adopted International Financial Reporting Standards, it states that the Ke...
A brief summary of the rate increase recommendations by Interveners includes:
MKO recommends that no rate increase be approved for residential customers – which now includes the former First Nations On-Reserve Residential customer class members. Because the proposed rate increases are not just and reasonable for a portion of residential customers, no rate increase should be approved for the entire Residential customer class....
Order No. 140/21 December 31, 2021. Page 4 of 6. In Manitoba Hydro’s rate structure, the individual rate components for the basic. are common among the GeneralService Small Non-Demand (“GSSND”), eneral Ser. (“GSSD”), and General Service Medium (“GSM”) customer classes. Due to the. cise increases targetedfor each class (2.4% for.
Nov 18, 2015 · Quarterly Gas Commodity rate. Effective August 1, 2024, the Gas Commodity rate is decreasing from 9.18¢ to 7.85¢ per cubic metre, and the Delivery rate is remaining at 12.19¢ per cubic metre. The combined bill impact for the typical residential customer’s annual natural gas bill is a decrease of approximately 4.6 per cent or $30 per year.
Jul 29, 2024 · In February 2021, a reorganization of Manitoba Hydro International included the decision to wind down MHI operations. With today’s decision, MHI will begin the process to reinstate the full scope of its operations bidding on energy projects around the world in fields such as technical and advisory services and international power line technician training, the minister noted.
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Dec 24, 2021 · Published Dec. 24, 2021 12:22 p.m. PST. Share. The Public Utilities Board approved a 3.6% interim hydro rate increase that will go into effect on January 1st, 2022. Manitoba Hydro was initially ...
