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Electricity Rates

We understand how important it is to offer our customers safe, reliable electricity service at the lowest possible cost. We continue to work hard to manage costs within our control, while ensuring safety, continued reliability and exceptional customer service.

Current Electricity Rates

Effective July 1, 2026, there was an overall average increase of 2.3% in customer electricity rates as the result of an increase in power supply cost by NL Hydro.

The actual amount of the rate increase will vary for individual customers depending on your type of service and the amount of electricity used.

 

 *Rates do not include Harmonized Sales Tax (HST)

Residential Rates Commercial Rates  Understanding Your Bill

   

To help understand how your home or business uses energy and to get practical advice on how to save money on your monthly electricity bills, visit TakeChargeNL.ca.