GNWT introduces temporary electricity rate relief to prevent sharp increase to electricity bills
Recognizing the impact of inflation, the Government of the Northwest Territories (GNWT) is introducing temporary relief to electricity rates. The relief will offset significant increases in the price and consumption of diesel over the past year and a half in the territory.
To keep consumer electricity bills at their current levels, the GNWT is making a one-time contribution of $15.2 million to the Northwest Territories Power Corporation (NTPC).
Two significant uncontrollable events have occurred that have driven the cost to provide power much higher.