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ARTICLE · 25 JANUARY 2012

Manitoba Public Utilities Board Denies Manitoba Hydro Application For Rate Increases

On January 17, the Manitoba Public Utilities Board issued its Order no. 5/12 respecting Manitoba Hydro's 2010-2012 general rate application.

CanadaEnergy and Natural Resources

On January 17, the Manitoba Public Utilities Board issued its Order no. 5/12 respecting Manitoba Hydro's 2010-2012 general rate application.

Hydro had applied for an average rate increase of 2.9% effective April 1, 2010, and a further rate increase of 2.9% effective April 1, 2011. The Manitoba PUB denied the application, and instead granted an average rate increase of 1.9% for 2010 and 2.0% for 2011.

The Order is notable because the Board set out, in great detail, a number of areas in which Hydro had failed to make its case for the required increase. Some of the more notable findings of the Board included:

  • The Board expressed displeasure that Hydro had not filed proposed export contracts with the Board for review

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