Is NB Power Private?
NB Power is a vertically-integrated Crown Corporation wholly owned by the Government of New Brunswick and is responsible for the generation, transmission, and distribution of electricity.
Where does NB get its power?
New Brunswick has a generating capacity of 4 521 megawatts (MW). In 2018, approximately 39% of New Brunswick’s electricity generation was from nuclear, 30% was from fossil fuels (natural gas, coal, and petroleum), and 21% was from hydroelectricity. The remainder was produced from wind and biomass.
Is NB Power unionized?
What union represents the majority of NB Power employees? Please note: all Casual employees associated with the TDCC Collective Agreement are now unionized.
Is NB Power profitable?
2020-08-20 FREDERICTON, N.B. – NB Power reported today its financial results for the first quarter of the fiscal year 2020/21, showing that it had recorded operating earnings of $53 million and net earnings of $42 million.
Is NB Power a Crown corporation?
NB Power is the largest electric utility in Atlantic Canada and is responsible for the generation, transmission and distribution of electricity throughout New Brunswick. As a provincial Crown Corporation, the Government of New Brunswick is the owner and sole shareholder of NB Power.
How much does NB Power charge per kWh?
Business Rates (effective March 31, 2021)
| General Service 1 (standard) | |
|---|---|
| First 5000 kilowatt hours | 13.69¢/kWh |
| Balance kilowatt-hours | 9.71¢/kWh |
| General Service 2 – closed to new customers | |
| Service Charge: | $23.79 |
How many nuclear plants are in New Brunswick?
Canada has developed a unique nuclear reactor technology, CANDU; there are 18 CANDU reactors in Ontario, 1 in New Brunswick and 10 in operation outside of Canada.
How do I contact NB Power?
Call our Customer Service department at 1 800 663-6272.
Who owns NB Power?
the Government of New Brunswick
Our more than 2,400 employees across the Province are dedicated to providing customer value to our more than 400,000 direct and indirect customers in New Brunswick. As a provincial Crown Corporation, the Government of New Brunswick is the owner and sole shareholder of NB Power.
Who owns Nova Scotia Power?
Emera
Nova Scotia Power/Parent organizations
Emera is shareholder-owned and publicly traded on the Toronto Stock Exchange, and is the sole owner of Nova Scotia Power. Emera is not publicly regulated, but most of its subsidiary operating companies, like Nova Scotia Power, are.
Is electricity cheaper in New Brunswick?
The average utility costs in New Brunswick are $284 per month. New Brunswick is the largest of Canada’s three maritime provinces….Average Monthly Utility Bill Cost in Fredericton.
| Utility | Average Monthly Cost |
|---|---|
| Electricity 1000 kWh @11.38¢/kWh | $137 |
| Water 10 m3 | $57.21 |
| Gas | $130 |
How many power stations does NB Power have?
Power generation. NB Power operates 13 generating stations with a total installed capacity of 3,513 MW as of 2013. The generation fleet uses a variety of energy sources: heavy fuel oil (972 MW), water (889 MW), uranium (660 MW), diesel (525 MW), and coal (467 MW). The main generation facilities are spread across the province.
Why did NB Power build a new generation mix?
To ensure we have a reliable power supply for our customers, NB Power has grown our generation mix from a small, 5 megawatt (MW) hydroelectric generating station in Musquash to one of the most diverse systems in North America.
Is NB Power a crown utility?
The Province of New Brunswick will amalgamate the NB Power group of companies into a single vertically integrated Crown utility. In October 2004, the Electricity Act divided NB Power into five separate companies, providing a legal and financial structure to support a decentralized organization.
Who is the CEO of NB Power?
Darren joined NB Power’s executive team in 2007, and in addition to his current role, he has held executive responsibilities for a number of areas including Vice President of Distribution and Customer Service and Vice President of Transmission, Human Resources, Corporate Environment, Corporate Health and Safety and Corporate Information Systems.