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Aug 25, 2023 · The second 1.4 per cent increase, effective April 1, 2024 will also result in an increase of less than $1.50 and $3 a month for average residential customer without and with electric heating, respectively. Manitoba Hydro originally submitted a request for a 3.5 per cent rate increase in each of the next two years.
Manitoba Hydro 2023/24 & 2024/25 General Rate Application. Manitoba Hydro has applied to the Public Utilities Board for a 3.5 per cent average increase to electricity rates efective September 1, 2023 and a further 3.5 per cent average increase efective April 1, 2024. As part of this application, Manitoba Hydro is seeking final approval of the ...
2% increases in 2023/24 & 2024/25 (with 3.6% interim) have a significant effect on results over the forecast. Without the 2% increases in 2023/24 & 2024/25 both net income and the debt ratio are impacted In certain years forecasted net income is near break-even or is a o loss, and that’s assuming average conditions.
Nov 15, 2022 · Manitoba Industrial Power Users Group (MIPUG) (PDF, 7.6 MB) Manitoba Keewatinowi Okimakanak Inc. (MKO) (PDF, 271 KB) Rebuttal evidence. Cover Letter – dated May 5, 2023 (PDF, 218 KB) Rebuttal Evidence of Manitoba Hydro (PDF, 4.5 MB) Final argument. Manitoba Hydro’s Written Final Argument – dated June 19, 2023 (PDF, 5.6 MB) Reply
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.
The province notes that Manitoba Hydro requested a 3.5 per cent increase for this fall; however, the Manitoba government is proposing an increase of 2.5 per cent in 2021, 2022, and 2023. This proposal is subject to approval from the legislative assembly. “In spite of the huge debt problem at Manitoba Hydro, our government is working to strike ...
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Presentation to the Public Utilities Board of Manitoba Re: Manitoba Hydro 2023/24 & 2024/25 GRA. June 2023. Morrison Park Advisors Introduction. GRA In Context. Manitoba Hydro: A Unique Electricity Utility (Recap) Capital Structure and Financial Targets (Recap) Revenue Requirement for Manitoba Hydro Domestic Customers (Recap) The Case For Near ...
