Manitoba Public Utilities Board Denies Manitoba Hydro Application for Rate Increases
January 19, 2012 by Michael Styczen, P.Eng
On January 17, the Manitoba Public Utilities Board issued its Order no. 5/12 respecting Manitoba Hydro's 2010-2012 general rate application.
Hydro had applied for an average rate increase of 2.9% effective April 1, 2010, and a further rate increase of 2.9% effective April 1, 2011. The Manitoba PUB denied the application, and instead granted an average rate increase of 1.9% for 2010 and 2.0% for 2011.
The Order is notable because the Board set out, in great detail, a number of areas in which Hydro had failed to make its case for the required increase. Some of the more notable findings of the Board included:
The Board's decision can be found here.