NL Hydro's Strategic Extension!

In a game-changing move for the region, Newfoundland and Labrador Hydro has officially extended its agreement with Corner Brook Pulp and Paper until March 31. This crucial partnership enables the utility to continue purchasing excess electricity from the Deer Lake hydro plant, a lifeline especially vital during the frigid winter months.

Powering Through Winter!

With temperatures plummeting, securing a reliable power source is paramount. The extended agreement guarantees that NL Hydro will have access to additional energy, ensuring smooth operations and stability in electricity supply.

No Impact on Ratepayers!

The best part? Hydro assures the public that this arrangement will have no adverse effects on consumer rates. This deal not only supports sustainable energy production but also keeps the community's costs in check.

What’s Next?

NL Hydro is known for paying above the average market rates for the electricity, highlighting its commitment to fostering local energy independence. As the winter approaches, this agreement stands as a testament to the utility's dedication to both community and sustainability.