Monday, March 7, 2016 - 13:30
Hay River employees gathered on March 4 to recognize the success of NTPC's franchise proposal to Hay River council.
On Thursday, March 3, Hay River Town Council passed a motion to move forward with the next steps towards Northwest Territories Power Corporation (NTPC) acquiring the electrical distribution system and entering into a franchise agreement to distribute electricity to the town. The Town's franchise agreement with its current service provider, Northland Utilities expires in November, 2016.
NTPC is pleased to offer affordable power, along with the reliable power we already provide, to the residents and businesses of Hay River.
- The rates in our proposal bring Hay River in line with other South Slave communities already served by NTPC.
- The proposed rate overall, will be at least 20% lower than current rates.
- NTPC is happy to be serving the people of Hay River where our 80 employees and our head office reside.
- As part of the transition process, NTPC will offer jobs to employees of the existing franchise.