Lump-Sum Payment Coming for Power Customers #nlpoli
Premier Ball and Minister Coady provided details today regarding initiatives to support electricity customers through the COVID-19 pandemic.
Customers will receive a lump sum payment.
The payment is because the cost of oil has fallen and as a result, NL Hydro spent less money purchasing oil.
The amount will vary based on customer's usage habits.
An additional $2.5 million will be allocated for overdue accounts.
Customers needing help with payments may call Newfoundland Power or NL Hydro to discuss flexible payments.