Saint John Energy is going to be able to provide the same energy rates to it’s customers as NB Power if the proposed sale to Hydro Quebec goes through.
President Eric Marr says in the Memorendum of Understanding it stated all rates would be frozen for residential and commercial customers, and Saint John Energy wanted to do the same.
Marr says the rebate on their utility taxes will help them provide the same rates as NB Power.
As for year six, Marr says he’s still not sure what effects it will have on the municipal utility.