Refunds for customers with active electricity accounts with NL Hydro and Newfoundland Power will be issued beginning on February 15, 2017.
If you are currently a customer of NL Hydro or Newfoundland Power , you will be among the first to receive your refund.
They are focusing on getting the refund to customers who have active accounts now. This represents about 85% of the total RSP balance owing to customers, or approximately $120 million.
The next step will involve locating eligible former customers.
Customers of NL Hydro or Newfoundland Power that paid for power between January 1, 2007 and August 31, 2013 are eligible for a refund.