Orders Issued by the Board during 2006 under the Public Utilities Act

Newfoundland and Labrador Hydro                                                                     P.U. 1 (2006)

Application:

For approval, pursuant to Sections 70, 71 and 75 of the Act, of certain rules, regulations and rates pertaining to the supply of electrical power and energy to one of its industrial customers, Aur Resources Inc.

Decision:

1.       Unless and until varied by further order of the Board, the Board approves, pursuant to section 75 of the Act:

(a)    Interim Firm Rates for Aur Resources Inc., attached hereto as Schedule “A”, to be effective for consumption on or after Jan. 20, 2006;

(b)    Interim Non-Firm Rates for Aur Resources Inc., attached hereto as Schedule “B”, to be effective for consumption on or after Jan. 20, 2006.

2.   Hydro shall pay the expenses of the Board incurred in connection with this matter.

Date Issued:

January 20, 2006

Newfoundland and Labrador Hydro                                                                     P.U. 2 (2006)

Application:

For approval, pursuant to Section 70 of the Act, of the Rate Stabilization Plan components of the rates to be charged to Island Interconnected Industrial Customers.

Decision:

1.       The Board hereby approves the Firm Rates for Hydro’s Island Interconnected Industrial Customers attached hereto as Schedule “A” to be effective for consumption on or after January 1, 2006.

2.       Unless and until by further Order of the Board, the Board approves, pursuant to Section 75 of the Act Interim Firm Rates for Aur Resources Inc., attached hereto as Schedule “B”, to be effective for consumption on or after January 27, 2006.

3.       Hydro shall pay the expenses of the Board incurred in connection with this matter.

Date Issued:

January 27, 2006

Newfoundland Power                                                                                              P.U. 3 (2006)

Application:

Pursuant to Sections 70, 78 and 80 of the Act,

(a)    approving its forecast rate base for 2006 in the amount of $743,976,000;

(b)    approving the operation of the automatic adjustment formula (the “Formula”) to determine a rate of return on rate base for 2006; and

(c)    providing final approval of a schedule of rates, tolls and charges on all electrical usage on and after January 1, 2006.

Decision:

The Board approves:

                                                        i.      pursuant to Section 78 of the Act, the forecast rate base for 2006 of $743,976,000;

                                                      ii.      pursuant to Section 80 of the Act, a rate of return on rate base for 2006 of 8.68% in a range of rate of return on rate base of 8.50% to 8.86%; and

                                                    iii.       pursuant to Sections 70 and 80 of the Act, the continued use of the Customer Rates approved in Order No P. U. 16(2005) as Newfoundland Power’s schedule of rates, tolls and charges for all electrical usage on and after January 1, 2006.

Date Issued:

January 27, 2006

Newfoundland Power                                                                                              P.U. 4 (2006)

Application:

For approval, pursuant to Section 91(5) of the Act, to amend an existing committed revolving term credit facility to extend the maturity date.

Decision:

1.       Pursuant to Section 91(5) of the Act, the Board approves the extension of the maturity date associated with the Committed Facility as contemplated by the Amended Facility.

2.       Newfoundland Power shall pay all costs and expenses of the Board incurred in connection with this Application.

Date Issued:

January 27, 2006

Newfoundland Power                                                                                              P.U. 5 (2006)

Application:

For approval, pursuant to Section 41(5) of the Act, of a contribution in aid of construction (CIAC) for a line extension to serve cottage area customers in a Cottage Area at Belbin’s Pond off the Salmonier Line.

Decision:

Pursuant to Section 41(5) of the Act, the Board approves the Non-Refundable Contribution in Aid of Construction in the amount of Four thousand seventy-six dollars and eighty-two cents ($4,076.82), including HST, as calculated under the Policy, to provide single-phase service to Domestic Customers located in a Cottage Area at Belbin’s Pond off the Salmonier Line, Newfoundland and Labrador.

Date Issued:

January 27, 2006

Newfoundland Power                                                                                              P.U. 6 (2006)

Application:

For approval, pursuant to Section 41(3) of the Act, to proceed with the construction and purchase of certain improvements to its property and supplemental to its 2006 capital budget approved by Orders No. P. U. 30(2005) and P. U. 34 (2005).

Decision:

1.       Pursuant to Section 41(3) of the Act, the Board approves the second supplemental 2006 capital expenditure of:

(i)   Lease of a replacement Colour Photocopier as proposed in the Application at an annual cost of $27,960.

2.   NP shall pay the expenses of the Board arising from this Application.

Date Issued:

January 27, 2006

Newfoundland Power                                                                                              P.U. 7 (2006)

Application:

For approval of (i) Revised Distribution Line Cost per Metre for CIACs; (ii) Revised Distribution Plant Upgrade Cost for CIACs; and (iii) Revised Contribution in Aid of Construction (CIAC) Cost Factors.

Decision:

1.       (a)  Schedule “A”, Appendix A, Page 1 of 1, of the Contribution in Aid of Construction Policy: Distribution Line Extensions for Domestic CIACs, approved by Order No. P.U. 27(2005) be and it is hereby rescinded and replaced by Schedule “A”, Appendix A, Page 1 of 1, Revised February 1, 2006, appended to this Order.

(b)  Schedule “B”, Appendix A, Page 1 of 1 Effective July 1, 2005,

      Schedule “C”, Appendix B, Page 1 of 1 Effective July 1, 2005, and

      Schedule “D”, Appendix C, Page 1 of 1 Effective July 1, 2005

of the Contribution in Aid of Construction Policy: Distribution Line Extensions and Upgrades to General Service Customers, approved by Order No P.U. 27 (2005) be and they are hereby rescinded and replaced by the following Appendices, and appended to this Order:

Schedule “B”, Appendix A, Page 1 of 1 Revised February 1, 2006,

Schedule “C”, Appendix B, Page 1 of 1 Revised February 1, 2006, and

Schedule “D”, Appendix C, Page 1 of 1 Revised February 1, 2006.

2.   The revised cost factors submitted with the application dated January 13, 2006, and approved above, are to be used in the calculation of all CIAC’s with effect from February 1, 2006, and, where advantageous to customers of the Newfoundland Power, on all CIAC’s quoted but unpaid as of February 1, 2006.

3.   Newfoundland Power submit a revised CIAC Policy in its entirety incorporating the revisions approved herein.

Date Issued:

February 14, 2006

Newfoundland Power                                                                                              P.U. 8 (2006)

Application:

For approval, pursuant to Section 41(5) of the Act, of a Contribution in Aid of Construction to provide single-phase service to Domestic Customers located in a Cottage Area at Placentia Junction off the Argentia Access Road.

Decision:

Pursuant to Section 41(5) of the Act, of the Non-Refundable Contribution in Aid of Construction in the amount of Three thousand three hundred eight dollars and ninety-six cents ($3,308.96), including HST, as calculated under the Policy, to provide single-phase service to Domestic Customers located in a Cottage Area at Placentia Junction off the Argentia Access Road.

Date Issued:

March 9, 2006

Newfoundland and Labrador Hydro                                                                     P.U. 9 (2006)

Application:

For approval, pursuant to Section 38 of the Act, for consent to decommission its diesel generating station and to abandon its service of the electrical distribution system situate at Davis Inlet.

Decision:

1.       Pursuant to Section 38 of the Act, the Board consents to and approves the abandonment and decommissioning by Hydro of its diesel generating station and electrical distribution system in the Community of Davis Inlet.

2.       Hydro shall pay all costs and expenses of the Board incurred in connection with this Application.

Date Issued:

March 13, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 10 (2006)

Application:

For approval, pursuant to Section 41(3) of the Act, of a proposed capital project for 2006 – Charlottetown – Replacement of Diesel Generator.

Decision:

1.       Pursuant to Section 41(3) of the Act, the Board approves the supplemental 2006 capital expenditure as follows:

                                                                    i)      an amount of $183,800 for the replacement of a diesel engine for a generating unit at Hydro’s Charlottetown diesel generating station.

2.       Hydro shall pay the expenses of the Board incurred in connection with this matter.

Date Issued:

March 13, 2006

Newfoundland and Labrador Hydro          *P.U. 11 (2006) RESCINDED* see P.U. 29 (2006)

Application:

For approval, pursuant to Section 41(5) of the Act, of a contribution in aid of construction in the amount of $432,736.00, including HST, for the supply of single-phase electrical service to one general service customer, Aliant Telecom Incorporated’s Rocky Ridge Communications Tower, located off the Burgeo Highway, Route 480.

Decision:

Pursuant to section 41(5) of the Act, the Board approves the contribution in aid of construction in the amount of four hundred and thirty-two thousand, seven hundred and thirty-six dollars  ($432,736.00), including HST, for the supply of single-phase electrical service to one (1) general service customer, Aliant Telecom Incorporated’s Rocky Ridge Communications Tower, located off the Burgeo Highway, Route 480, as calculated under the Policy.

Date Issued:

April 7, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 12 (2006)

Application:

For approval, by Newfoundland and Labrador Hydro (“the Applicant”), pursuant to Section 41 (3) of the Act, requesting approving of a 2006 Capital Budget Proposal for the acquisition of a parcel of land upon which Hydro owns four high voltage transmission lines near the Hardwoods Terminal Station located in Paradise.

Decision:

Pursuant to Section 41 (3) of the Act, the Board approves the additional 2006 expenditure of $174,000 for the acquisition of approximately 12.7 acres of land adjacent to the Hardwoods Terminal Station located in Paradise.

Date Issued:

April 27, 2006

Newfoundland Power                                                                                            P.U. 13 (2006)

Application:

For approval, pursuant to Section 41(2) of the Act, to proceed with the construction and purchase of certain improvements to its property, amending its 2006 capital budget approved by Order No. P.U. 30(2005) and supplemental Order P. U. 34(2005).

Decision:

1.       Pursuant to Section 41(3) of the Act, the Board approves the supplemental 2006 capital expenditures of $705,300 to renovate the Grand Falls-Windsor Service Building.

2.       The Applicant shall pay the expenses of the Board arising from this Application.

Date Issued:

May 10, 2006

Newfoundland Power                                                                                            P.U. 14 (2006)

Application:

For approval, pursuant to Sections 69(3) and 78 of the Act, for approval of the balance of the weather normalization reserve as of December 31, 2005.

Decision:

NP’s weather normalization reserve of a Negative Balance of $10,100,170 as at December 31, 2005 is hereby approved.

Date Issued:

May 10, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 15 (2006)

Application:

For approval, pursuant to Section 91 of the Act, to issue debentures in aggregate not to exceed $275,000,000 during the year ending December 31, 2006.

Decision:

1.       Approval be and it is hereby given to the Applicant to issue Debenture(s) with an aggregate value not to exceed $275,000,000 Canadian in the principal amount subject to the following conditions:                                                

(a)          The Debenture issue(s) shall be issued on or before December 31, 2006.

(b)           The Applicant shall provide to the Board an Affidavit specifying the terms and conditions of the Debenture issue(s) within twenty-four (24) hours (non-business days excepted) after such terms and conditions have been successfully negotiated.  In particular, the Affidavit shall set forth the following:

                                                                                                              i)      date of the issue,

                                                                                                            ii)      term,

                                                                                                          iii)      maturity date,

                                                                                                          iv)      principal amount,

                                                                                                            v)      interest rate,

                                                                                                          vi)      particulars of sinking fund, if any,

                                                                                                        vii)      price to the public and to the underwriters,

                                                                                                      viii)      yield to the public,

                                                                                                          ix)      the underwriting fee,

                                                                                                            x)      actual cost (i.e. yield) to Applicant, and

                                                                                                          xi)      any other material terms or conditions not contemplated at the date of the application but forming part of the negotiated terms and conditions.

(c)          The Applicant shall provide to the Board a copy of the Underwriting Agreement relating to the Debenture issue(s) within twenty-four (24) hours after its terms and conditions have been accepted by both the Applicant and the Underwriters.  The Underwriting Agreement shall not significantly vary and shall be modeled upon the draft Underwriting Agreement filed with the Board in support of the application.

(d)             The Applicant shall provide to the Board a copy of the Order in Council, which provided approval to the Applicant to issue such Debenture issue(s).

(e)             The proceeds from the Debenture issue(s) shall be used in the manner set out in paragraph 4 of the application and the Applicant shall report by Affidavit to the Board on the disposition of the proceeds no later than January 15, 2007.

2.       The Applicant shall pay all expenses of the Board arising from this Application.

Date Issued:

May 10, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 16 (2006)

Application:

For approval, pursuant to section 71 of the Act, of the cost of Low Sulphur Fuel as a fuel cost component to be recovered through the Rate Stabilization Plan charged to Newfoundland Power Inc. and the Island Industrial Customers.

Decision:

1.       Hydro’s request for an order approving, as a prudent fuel purchase expenditure to be recovered through the RSP, Hydro’s costs of purchasing 1% sulphur fuel is hereby denied.

2.       Hydro shall pay the expenses of the Board arising from this Application.

Date Issued:

June 2, 2006

Newfoundland Power                                                                                            P.U. 17 (2006)

Application:

For approval to proceed with the construction and purchase of certain improvements to its property pursuant to Section 41(3) of the Act amending its 2006 capital budget approved by Order No. P.U. 30(2005) and supplemental Orders No. P.U. 34(2005) and P.U. 13(2006)

Decision:

1.       Pursuant to Section 41(3) of the Act, the Board approves the supplemental 2006 capital expenditures of $1,294,000 to construct a proposed line extension to serve the Howley Cottage Area.

2.       The Applicant shall pay the expenses of the Board arising from this Application.

Date Issued:

June 12, 2006

Newfoundland Power                                  *P.U. 18 (2006) RESCINDED* see P.U. 24 (2006)

Application:

For approval of a contribution in aid of construction (CIAC) for a line extension to serve domestic customers residing in a cottage area pursuant to Section 41(5) of the Act.

Decision:

Pursuant to Section 41(5) of the Act, the Board approves the Non-Refundable Construction in Aid of Construction in the amount of Three thousand four hundred and five dollars and seventy-seven cents ($3,405.77), including HST, as calculated under the Policy to provide single-phase service to Domestic Customers located in the Howley Cottage Area.

Date Issued:

June 12, 2006

Newfoundland Power                                                                                            P.U. 19 (2006)

Application:

For approval of a contribution in aid of construction (CIAC).

Decision:

Pursuant to Section 41(5) of the Act, the Board approves the Contribution in Aid of Construction.

Date Issued:

June 12, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 20 (2006)

Application:

For approval of the Rate Stabilization Plan component of the rates to be charged to Newfoundland Power Inc, pursuant to Section 70(1) of the Act.

Decision:

1.       The Board hereby approves the Rates to be charged by Hydro to Newfoundland Power as attached hereto as Schedule A to be effective for consumption on or after July 1, 2006.

2.       The Board hereby approves the modification to the fuel rider component of the RSP to reflect a reduction in the amount of No. 6 Fuel forecast to be consumed at the Holyrood Generating Station.

3.       Hydro shall pay the expenses of the Board incurred in connection with this matter.

Date Issued:

June 21, 2006

Newfoundland Power                                                                                            P.U. 21 (2006)

Application:

For approval of (1) Rate Stabilization and Municipal Tax Adjustments to be applied to the rates of NP for the period July 1, 2006 to June 30, 2007; and (2) a Revised Schedule of Rates, Tolls and Charges reflecting the amended Rate Stabilization and Municipal Tax Factors, effective July 1, 2006 to June 30, 2007, pursuant to Section 70 (1) of the Act.

Decision:

1.       The Board hereby approves the following:

                                                                          i)      the Rate Stabilization Adjustment of 1.595 cents/kWh as set out in Schedule A and the Municipal Tax Adjustment factor of 1.02393 as set out in Schedule B to be applied to all bills based on consumption on and after July 1, 2006 to June 30,2007; and

                                                                        ii)      the rates proposed by NP to be effective on all electrical consumption on and after July 1, 2006 to June 30, 2007, set out in Schedule C.

2.   NP shall pay the expenses of the Board in connection with this Application.

Date Issued:

June 21, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 22 (2006)

Application:

For approval of a change in the rate structure charged for the supply of power and energy to Island Interconnected Customers (excluding Burgeo school and library) (Rate Class 1.1, 2.1, 2.2, 2.3, 2.4 and 4.1), Isolated Rural Domestic Customers (excluding Government departments) (Rate Class 1.2D), and Isolated Rural Street and Area Lighting (excluding Government departments) (Rate Class 4.1D), pursuant to Section 70 of the Act.

Decision:

1.       The Board hereby approves the Schedule of Rates for Hydro’s Island Interconnected customers (excluding Burgeo school and library), attached hereto as Schedule A, and the Schedule of Rates for Hydro’s Isolated Rural Domestic customers (excluding Government departments) and for Isolated Rural Street and Area Lighting (excluding Government departments), attached hereto as Schedule B, to be effective for consumption on and after July 1, 2006.

2.       Hydro shall pay the expenses of the Board incurred in connection with this application.

Date Issued:

June 21, 2006

Newfoundland Power                                                                                            P.U. 23 (2006)

Application:

For approval of a contribution in aid of construction (CIAC) for Cottage Area Customers located at Northwest Brook near Winterland, pursuant to Section 41(5) of the Act.

Decision:

Pursuant to section 41(5) of the Act, the Board approves the Non-Refundable Contribution in Aid of Construction in the amount of Six thousand two hundred fifty-five dollars and fifty-three cents ($6,255.53), including HST, per Customer as calculated under the Policy to provide single-phase service to Domestic Customers located in a Cottage Area at Northwest Brook near Winterland.

Date Issued:

June 29, 2006

Newfoundland Power                                                                                            P.U. 24 (2006)

Application:

For approval of a contribution in aid of construction (CIAC) for a line extension to serve domestic customers residing in a cottage area pursuant to Section 41(5) of the Act.

Decision:

1.       Order No. P. U. 18(2006) is rescinded.

2.       Pursuant to Section 41(5) of the Act, the Board approves a deviation from the CIAC Policy a Non-Refundable Construction in Aid of Construction in the amount of three thousand four hundred and five dollars and seventy-seven cents ($3,405.77), including HST, as calculated under the CIAC Policy to provide single-phase service to Domestic Customers located in the Howley Cottage Area.

Date Issued:

July 6, 2006

Newfoundland Power                                                                                            P.U. 25 (2006)

Application:

For approval of a contribution in aid of construction (CIAC) for a line extension to serve cottage area customers located on Valley Road near Carbonear.

Decision:

Pursuant to section 41(5) of the Act, the Board approves the Non-Refundable Contribution in Aid of Construction in the amount of Two thousand seven hundred eighty-nine dollars and ninety cents ($2,789.90), including HST, per Customer as calculated under the Policy to provide single-phase service to Domestic Customers located in a Cottage Area on Valley Road near Carbonear.

Date Issued:

August 15, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 26 (2006)

Application:

For approval of the lease of office space to support its 2006 regulatory activities, pursuant to Section 41 of the Act.

Decision:

1.       Pursuant to Section 41(3) of the Act, the Board approves the Applicant’s proposed six-month lease of office space in the Prince Charles Building, commencing September 1, 2006, for a rental amount of $2,500 per month, plus HST.

2.       The Applicant shall pay the expenses of the Board arising from this Application.

Date Issued:

August 17, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 27 (2006)

Application:

For approval to Abandon and Decommission the Temporary Diesel Generating Station at Rencontre East, pursuant to Section 38 of the Act.

Decision:

1.       Pursuant to Section 38 of the Act, the Board consents to and approves the abandonment and decommissioning by the Applicant of its Rencontre East diesel generating station.

2.       The Applicant shall pay the expenses of the Board arising from this Application.

Date Issued:

September 6, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 28 (2006)

Application:

For approval of, inter alia, rate to be charged its customers effective January 1, 2007.

Decision:

1.       The Registered Intervenors in this proceeding are as set out in the Distribution List attached as Appendix “A” to this Order.

2.       The intended Order of Witnesses is as set out in Appendix “B” to this Order, which may be changed with appropriate notice to the Board and other parties to the hearing.

3.       The Schedule of Dates as set out in Appendix “C” to this Order shall be observed by the parties, unless otherwise accepted by the Board.

4.       The Rules of Procedure as set out in Appendix “D” to this Order shall be observed by the parties, unless otherwise directed by the Board.

5.       The request set out in paragraph 6 (6) (o) of the Application for approval, in principle, of the straight line and equal life group depreciation methodology will be addressed after the conclusion of the Application in a process to be established by the Board beginning in 2007.

Date Issued:

September 12, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 29 (2006)

Application:

For approval of the revised Contribution in Aid of Construction for Aliant’s Rocky Ridge Communications Tower, Route 480

Decision:

1.       Order No. P.U. 11 (2006) dated April 7, 2006, approving a contribution in aid of construction in the amount of $432,736.00, including HST, be and it is hereby rescinded.

2.       Pursuant to section 41(5) of the Act, the Board approves the revised contribution in aid of construction in the amount of $537,927.00, including HST, for the supply of single-phase electrical service to one general service customer, Aliant Telecom Incorporated’s Rocky Ridge Communications Tower, located off the Burgeo Highway, Route 480, as calculated under the Policy.

Date Issued:

September 27, 2006

Newfoundland Power                                                                                            P.U. 30 (2006)

Application:

For approval of its 2007 Capital Budget of $62,166,000 and fixing and determining its average rate base for 2005 in the amount of $745,446,000.

Decision:

1.       Pursuant to Section 41 of the Act, NP’s capital purchases and construction projects in excess of $50,000, as set out in Schedule A to this Order, are approved.

2.    Pursuant to Section 41 of the Act, the 2007 Capital Budget for improvement and additions to NP’s property in an amount of $ 62,166,000 is approved.

3.       Pursuant to Section 78 of the Act, the rate base for the year ending December 31, 2005 is hereby fixed and determined at $ 745,446,000.

4.    Unless otherwise directed by the Board, NP shall file an annual report to the Board on its 2007 capital expenditures by March 1, 2008.

5.    Unless otherwise directed by the Board, NP shall provide in conjunction with the 2008 Capital Budget Application, a status report on the 2007 capital budget expenditures showing for each project:

(i)     the approved budget for 2007;

(ii)   the expenditures prior to 2007;

(iii) the 2007 expenditures to the date of the application;

(iv)  the remaining projected expenditures for 2007;

(v)    the variance between the projected total expenditures and the approved budget; and

(vi)  an explanation of the variance.

6.    NP shall pay all costs and expenses of the Board incurred in connection with the Application.

Date Issued:

September 29, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 31 (2006)

Application:

For approval of Rate Stabilization Plan components of the rates to be charged to Industrial Customers.

Decision:

1.       The Board hereby approves the Firm Energy Rates for Hydro’s Island Interconnected Industrial Customers attached hereto as Schedule “A” to be effective for consumption on or after October 1, 2006.

2.       Hydro shall pay the expenses of the Board incurred in connection with this matter.

Date Issued:

October 5, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 32 (2006)

Application:

For approval of the cost to be recovered through the Rate Stabilization Plan charged to Newfoundland Power Inc. and the Island Industrial Customers of consuming No. 6 Fuel not exceeding 1% Sulphur by weight.

Decision:

1.       The Board hereby approves as an operating expense to be recovered through the Rate Stabilization Plan, Hydro’s costs of burning 1% sulphur content No. 6 fuel at its Holyrood Thermal Generating Station after October 20, 2006.

2.       The costs of the fuel shall be calculated in accordance with the usual operation of the Rate Stabilization Plan from October 20, 2006 or  date thereafter determined by Hydro.

3.       Hydro shall pay all costs and expenses of the Board incurred in connection with this Application.

Date Issued:

October 20, 2006

Newfoundland Power                                                                                            P.U. 33 (2006)

Application:

For approval of a contribution in aid of construction (CIAC) for a line extension to serve cottage area customers located in a Cottage Area known as The Pond That Feeds The Brook located near North River, Conception Bay.

Decision:

Pursuant to Section 41(5) of the Act, the Board approves the Non-Refundable Contribution in Aid of Construction in the amount of Five thousand eight hundred fifteen dollars and sixty-three cents ($5,815.63), including HST, per Customer as calculated under the Policy, to provide single-phase service to Domestic Customers located in The Pond That Feeds The Brook Cottage Area, near North River, Conception Bay.

Date Issued:

October 20, 2006

Newfoundland Power                                                                                            P.U. 34 (2006)

Application:

For approval of capital expenditures supplemental to NP’s 2007 Capital Expenditure Budget.

Decision:

1.       Pursuant to Section 41(3) of the Act, the Board approves:

(a)          the supplemental 2007 capital expenditures of $685,000 to renovate the Maple Valley Road Building as set forth in Schedule “B” to the Application; and

(b)          the revised 2007 capital budget as set forth in Schedule “C” to the Application.

2.       The Applicant shall pay the expenses of the Board arising from this Application.

Date Issued:

October 20, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 35 (2006)

Application:

For approval of: (i) its 2007 Capital Budget of $41,421,000, (ii) 2007 capital purchases and construction projects in excess of $50,000, (iii) proposed estimated contributions in aid of construction for 2007; and (iv) fixing and determining its average rate base for 2005 in the amount of $1,473,759,000.

Decision:

1.       Pursuant to Section 41 of the Act, Hydro’s capital purchases and construction projects in excess of $50,000, as set out in Schedule A to this Order, are approved.

2.       Pursuant to Section 41 of the Act, the following projects as proposed by Hydro are not approved:

(i) Holyrood Condition Assessment (p. B-14) $3,334,900; and

(ii)     Construct Transmission Line Equipment Off-Loading Ramps (p. B-32) $402,000.

3.       Pursuant to Section 41 of the Act, the 2007 Capital Budget for improvement and additions to Hydro’s property in an amount of $37,684,100 is approved.

4.       Pursuant to Section 78 of the Act, the rate base for the year ending December 31, 2005 is hereby fixed and determined at $ 1,473,759,000.

5.       Unless otherwise directed by the Board, Hydro shall file an annual report to the Board on its 2007 capital expenditures by March 1, 2008.

6.       Unless otherwise directed by the Board, Hydro shall provide in conjunction with the 2008 Capital Budget Application, a status report on the 2007 capital budget expenditures showing for each project:

(i) the approved budget for 2007;

(ii)           the expenditures prior to 2007;

(iii)          the 2007 expenditures to the date of the application;

(iv)         the remaining projected expenditures for 2007;

(v)           the variance between the projected total expenditures and the approved budget; and

(vi)         an explanation of the variance.

7.       Hydro shall pay all costs and expenses of the Board incurred in connection with the Application.

Date Issued:

November 3, 2006

Newfoundland Power                                                                                            P.U. 36 (2006)

Application:

For approval of a contribution in aid of construction (CIAC) for a line extension to serve cottage area customers located at George’s Lake, near Corner Brook.

Decision:

Pursuant to Section 41(5) of the Act, the Board approves the Non-Refundable Contribution in Aid of Construction in the amount of Four thousand five hundred eleven dollars and thirteen cents ($4,511.13), including HST, per Customer as calculated under the Policy, to provide single-phase service to Domestic Customers located in Boy Scout Road Cottage Area, located at George’s Lake, near Corner Brook.

Date Issued:

November 14, 2006

Newfoundland Power                                                                                            P.U. 37 (2006)

Application:

For approval of a contribution in aid of construction (CIAC) for a line extension to serve cottage area customers located at Nine Mile Road near St. Catherine’s.

Decision:

Pursuant to Section 41(5) of the Act, the Board approves a deviation from the Contribution in Aid of Construction Policy in the calculation of a Non-Refundable Contribution in Aid of Construction in the amount of Three thousand nine hundred sixty-two dollars and thirty-four cents ($3,962.34), including HST, per Customer as calculated under the Policy, to provide single-phase service to Domestic Customers located in a Cottage Area, at Nine Mile Road near St. Catherine’s.

Date Issued:

November 14, 2006

Newfoundland Power                                                                                            P.U. 38 (2006)

Application:

For approval of:

(i)       a revised rate of return on rate base for 2007 and a revised definition of the Excess Earnings Account; and

(ii)     permitting deferral of an application for a revised schedule of rates, tolls and charges effective January 1, 2007 to a date no later than December 15, 2006;

as required by the automatic adjustment formula (the “Formula”) approved pursuant to Order No. P.U. 19(2003).

Decision:

The Applicant’s request for a deferral of the application for a revised schedule of rates, tolls and charges effective January 1, 2007 to a date no later than December 15, 2006 is approved.

Date Issued:

November 30, 2006

Newfoundland Power                                                                                            P.U. 39 (2006)

Application:

For approval of:

(a)    a certain amortization and the deferred recovery of certain costs for 2007;and

(b)    forecast values for rate base and invested capital for use in the automatic adjustment formula for the calculation of the rate of return on rate base for 2007 pursuant to Order No. P.U. 19(2003).

Decision:

1.       NP’s proposal to amortize $2,714,000 of the 2005 Unbilled Revenue as revenue for regulatory purposes in 2007 is approved.

2.       NP’s proposal to defer recovery, until a further Order of the Board, of the amount of $5,793,000 in 2007 related to the conclusion of the Depreciation True-Up in 2005 is approved.

3.       NP’s proposal to defer recovery, until a further Order of the Board, of the amount of $1,147,000 related to replacement energy costs associated with the Rattling Brook project is approved.

4.       Pursuant to s. 80 of the Act, the forecast 2007 values for rate base of $785,271,000 and invested capital of $787,990,000 for use in the Automatic Adjustment Formula to calculate NP’s rate of return on rate base for 2007 is approved.

5.       NP shall pay the expenses of the Board arising from this Application, including the expenses of the Consumer Advocate.

Date Issued:

December 5, 2006

Newfoundland Power                                                                                            P.U. 40 (2006)

Application:

For approval of:

                                                        i.      a revised rate of return on rate base for 2007 and a revised definition of the Excess Earnings Account; and

                                                      ii.      permitting deferral of an application for a revised schedule of rates, tolls and charges effective January 1, 2007 to a date no later than December 15, 2006;

as required by the automatic adjustment formula (the “Formula”) approved pursuant to Order No. P.U. 19(2003).

Decision:

The Board approves:

                                                        i.      pursuant to Section 80 of the Act, a rate of return on rate base for 2007 of 8.47% in a range of 8.29% to 8.65%; and pursuant to Section 58 of the Act, a revised definition of the Excess Earnings Account as set out in Schedule 1.

Date Issued:

December 8, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 41 (2006)

Application:

For approvals of, under Section 70 of the Act, changes in the rates to be charged for the supply of power and energy to Newfoundland Power Inc., Rural Customers and Industrial Customers; and under Section 71 of the Act, changes in the Rules and Regulations applicable to the supply of electricity of Rural Customers; and

Revised application, pursuant to Section 70 and 75 of the Act, by Hydro for approval of, inter alia, rates to be charged its customers (the “Application”).

Decision:

Pursuant to section 75 of the Act the Board approves, on an interim basis, the schedule of rates, tolls and charges attached as Schedule “A” to this Order to be effective on all energy consumed on and after January 1, 2007.

Date Issued:

December 14, 2006

Newfoundland Power                                                                                            P.U. 42 (2006)

Application:

For approval of pursuant to Sections 70, 75, 78 and 80 of the Act and  Order No. P.U. 19(2003) to revise its schedule of rates, rules and regulations (“Customer Rates”) to:

                                                                    i.      reflect the revised rate of return on rate base for 2007 resulting from the operation of the Automatic Adjustment Formula (the “Formula”);

                                                                  ii.      permit recovery of additional costs payable to Newfoundland and Labrador Hydro (“Hydro”) for the supply of power as a result of a revised wholesale rate effective January 1, 2007;

                                                                iii.      approve a revised rate stabilization adjustment to apply to the rates of Newfoundland Power for the period January 1, 2007 to June 30, 2007; and approve a revision to Newfoundland Power’s Rate Stabilization Clause.

Decision:

1.       Pursuant to section 75 of the Act the Board approves, on an interim basis, the schedule of rates, tolls and charges attached as Schedule “A” to this Order to be effective on all energy consumed on and after January 1, 2007.

2.       The proposed RSA factor of 0.444¢ per kWh to be applied to Customer Rates for the period January 1, 2007 to June 30, 2007 is approved.

3.       The Rate Stabilization Clause set out in Schedule “B” with effect from January 1, 2007 is approved.

Date Issued:

December 14, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 43 (2006)

Application:

For approval of, under Section 70 of the Act, changes in the rates to be charged for the supply of power and energy to Newfoundland Power Inc., (Newfoundland Power”), Rural Customers and Industrial Customers; and under Section 71 of the Act, changes in the Rules and Regulations applicable to the supply of electricity to Rural Customers; and approval of Rate Changes to Hydro’s Rural Island Interconnected Customers and Isolated Non-Government Rural Customers.

Decision:

Pursuant to Section 70 & 71 of the Act the Board hereby approves, on an interim basis, the schedule of rates attached as Schedule “A” to this Order, to be effective for consumption on and after January 1, 2007.

Date Issued:

December 19, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 44 (2006)

Application:

For approval of deferral of expenses associated with the repair of the Unit 2 Boiler at the Holyrood Thermal Generating Station as a Major Extraordinary Repair, pursuant to Sections 69, 78 and 80 of the Act.

Decision:

1.       The Board hereby approves:

(i)      treatment of the costs associated with the Unit 2 boiler tube repairs at the Holyrood Thermal Generating Station as a Major  Extraordinary Repair;

(ii)    the amortization of the actual expenses for the repairs together with interest, estimated to be $2,666,000, over a five-year period beginning in 2006; and

(iii)   the inclusion in the rate base of the unamortized balance of the deferred costs of the repairs.

2.       Hydro shall pay the expenses of the Board arising from this Application.

Date Issued:

December 21, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 45 (2006)

Application:

For approval of, under Section 70 of the Act, changes in the rates to be charged for the supply of power and energy to Newfoundland Power Inc., (Newfoundland Power”), Rural Customers and Industrial Customers; and under Section 71 of the Act, changes in the Rules and Regulations applicable to the supply of electricity to Rural Customers; and approval of Rate Changes to Hydro’s Rural Island Interconnected Customers and Isolated Non-Government Rural Customers – interim rates for Hydro’s Labrador Interconnected Customers.

Decision:

Pursuant to Section 70 & 71 of the Act the Board hereby approves, on an interim basis, the schedule of rates attached as Schedule “A” to this Order, to be effective for consumption on and after January 1, 2007.

Date Issued:

December 22, 2006

Newfoundland and Labrador Hydro                                                                   P.U. 46 (2006)

Application:

For approval of, under Section 70 of the Act, changes in the rates to be charged for the supply of power and energy to Newfoundland Power Inc., (Newfoundland Power”), Rural Customers and Industrial Customers; and under Section 71 of the Act, changes in the Rules and Regulations applicable to the supply of electricity to Rural Customers; and approval of Rate Changes to Hydro’s Rural Island Interconnected Customers and Isolated Non-Government Rural Customers – amendments to the Rate Stabilization Plan.

Decision:

1.       Pursuant to Section 75 of the Act, the Board approves, on an interim basis, the monthly amount of the 2007 automatic rate adjustment for the Rural Labrador Interconnected system be increased from ($117,901) to $92,560 which amount arises from the phase-in of the credit from secondary energy sales to CFB Goose Bay to the rural deficit, leaving the CFB Revenue Credit applied to the rural deficit in Hydro's Final 2007 Test Year Cost of Service and future years, as formerly set out in the table of clause 1.3(b) of the Rate Stabilization Plan, to be determined later by final order of the Board; and

2.       Pursuant to Sections 69 and 75 of the Act, the Board approves, on an interim basis, that Hydro shall set up a reserve account to maintain the December 31, 2006 Rate Stabilization Plan Hydraulic Variation balance, net of the normal 25% December 31, 2006 allocation, with normal Rate Stabilization Plan financing charges applied, until the balance in the account is disposed of later by final Order of the Board.

Date Issued:

December 29, 2006