Orders Issued by the Board during 2008 under the Public Utilities Act

Newfoundland Power                                                                                              P.U. 1 (2008)

Application:

Application for approval of:

                                                         i.      revised distribution line cost per metre for Contributions in Aid of Construction (CIAC’s);

                                                       ii.      revised distribution plant upgrade cost for CIAC’s; and

                                                      iii.      revised CIAC cost factors.

Decision:

1.       The revised cost factors submitted with the application and contained in the Schedules appended to this Order are approved to be used in the calculation of all CIAC’s with effect from February 5, 2008, and, where advantageous to customers of Newfoundland Power, on all CIAC’s quoted but unpaid as of February 5, 2008.

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

Date Issued:

January 31, 2008

Newfoundland Power                                                                                              P.U. 2 (2008)

Application:

Application for approval of a Contribution in Aid of Construction (CIAC) for Cottage Area Customers located at Terrence’s Pond near Clarenville.

Decision:

1.       The Board approves the Non-Refundable CIAC of four thousand three hundred thirty-one dollars and twenty-nine cents ($4,331.29), excluding HST, as calculated under the Policy to provide single-phase service to Domestic Customers located in the Combined Thorburn Lake Cottage Area for a 20-year period from the date the Terrence’s Pond Extension is placed in service, pursuant to s. 41(5) of the Act.

2.       The Board approves the refund to each of the existing customers in the Thorburn Lake Cottage Area of the amount of one hundred thirty-six dollars and one cent ($136.01), excluding HST.

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

Date Issued:

April 10, 2008

Newfoundland Power                                                                                              P.U. 3 (2008)

Application:

Application for approval of a capital expenditure supplemental to Newfoundland Power Inc.’s 2008 Capital Budget (1st Supplemental – Replacement of power transformer in NP’s Pierre’s Brook hydroelectric system, the Southern Shore Highway)

Decision:

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

                                                                           i.            capital expenditures estimated in the amount of $486,000 related to the work that is required to accommodate the replacement transformer at the Pierre’s Brook substation as set forth in the application; and

                                                                         ii.            an increase in the amount of $400,000 to the Allowance for Unforeseen Items approved in Order No. P. U. 27(2007).

2.   Newfoundland Power shall pay the expenses of the Board arising from this application.

Date Issued:

April 10, 2008

Newfoundland and Labrador Hydro                                                                        P.U. 4 (2008)

Application:

Application for Rate Changes to Labrador Interconnected Customers

Decision:

1.       The decrease of the monthly amount of the 2008 automatic rate adjustment in the Rural Rate Alteration for the Labrador Interconnected customers in the Rate Stabilization Plan from $92,560 to $32,433, is approved on a final basis, as attached in Schedule A.

2.       Pursuant to Section 70 of the Act, the Schedule of Rates for the Labrador Interconnected customers, as attached in Schedule B, is approved on a final basis, effective January 1, 2008.

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

Date Issued:

April 30, 2008

Newfoundland and Labrador Hydro                                                                        P.U. 5 (2008)

Application:

Application for Rate Changes to Island Interconnected Customers and Isolated Rural Customers

Decision:

1.       Pursuant to Section 70 of the Act the rates as attached in Schedule A are approved on a final basis, effective for consumption on and after January 1, 2008.

2.       The continuation of the rebate to Hydro’s domestic customers served from the Labrador Isolated and L’Anse au Loup (Labrador Straits) system is approved on a final basis.

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

Date Issued:

May 2, 2008

Newfoundland Power                                                                                              P.U. 6 (2008)

Application:

Application for an Order of the Board providing for disposition of the balance in the Purchased Power Unit Cost Variance Reserve Account pursuant to Sections 58 and 80 of the Act.

Decision:

1.       The Board approves the amended Rate Stabilization Clause set out in Schedule “A” to this Order, which adds clause 6 to the Rate Stabilization Account at page 5 of 5.

2.      The Board approves the disposition of the 2007 balance in the Purchased Power Unit Cost Variance Reserve Account by means of a credit to the Rate Stabilization Account, as of March 31, 2008, of $481,611.

3.      Newfoundland Power shall pay all expenses of the Board arising from this Application.

Date Issued:

May 29, 2008

Newfoundland Power                                                                                              P.U. 7 (2008)

Application:

Application for approval of the balance of the balance of the Weather Normalization Reserve as of December 31, 2007 pursuant to Sections 69(3) and 78 of the Act.

Decision:

1.       The Board approves Newfoundland Power’s Weather Normalization Reserve of a Negative Balance of $10,516,682 as at December 31, 2007, pursuant to Sections 69(3) and 78 of the Act.

2.       Newfoundland Power shall pay all the expenses of the Board arising from this Application.

Date Issued:

May 15, 2008

Newfoundland Power                                                                                              P.U. 8 (2008)

Application:

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

Decision:

1.      The Board approves the Refundable contribution in aid of construction of four thousand seven hundred twenty-seven dollars and ninety-six cents ($4,727.96), excluding HST, as calculated under the Policy to apply to Domestic Customers in the Golden Gullies and Goulds Big Pond Cottage Area, pursuant to Section 41(5) of the Act.

2.      Newfoundland Power shall pay all expenses of the Board arising from this Application.

Date Issued:

May 15, 2008

Newfoundland and Labrador Hydro                                                                        P.U. 9 (2008)

Application:

Application for approval to lease office space - Labrador Region Operations, pursuant to Section 41 of the Public Utilities Act.

Decision:

1.       The Board approves Hydro’s proposed 20-month lease of office space for Happy Valley-Goose Bay in the amount of $6,337.50 per month, plus HST, pursuant to Section 41 of the Act.

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

Date Issued:

May 28, 2008

Newfoundland Power                                                                                            P.U. 10 (2008)

Application:

Application for approval of the establishment of a 2008 Income Tax Deferral Account and a 2008 Income Tax True-up.

Decision:

1.       The Board approves:

(a)          the definition of the 2008 Tax Deferral Account contained in Schedule “A” of this Order;

(b)          a credit of $560,000 of the 2008 Income Tax True-up to the 2008 Tax Deferral Account as of March 31, 2008;

(c)          a transfer of $560,000 from the 2008 Tax Deferral Account to the Rate Stabilization Account as of March 31, 2008; and

(d)          a reduction in Newfoundland Power’s base rates of 0.177% to be effective July 1, 2008.

2.   Newfoundland Power shall pay all the expenses of the Board incurred in this Application.

Date Issued:

May 29, 2008

Newfoundland and Labrador Hydro                                                                      P.U. 11 (2008)

Application:

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 Public Utilities Act.

Decision:

1.   The Board approves:

(i)      the proposed modifications to the fuel rider component of the Rate Stabilization Plan;

(ii)     the rates to be charged by Hydro to Newfoundland Power, as set out in Schedule “A” to this Order, to be effective for consumption on or after July 1, 2008;

(iii)    the Rate Stabilization Plan Rules as set out in Schedule “B” to this Order, to be effective July 1, 2008; and

(iv)    the revised Industrial Customer Interim rate sheets, as set out in Schedule “C” to this Order, to reflect the name change of “Aur Resources Inc.” to “Teck Cominco Limited”.

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

Date Issued:

June 12, 2008

Newfoundland Power                                                                                            P.U. 12 (2008)

Application:

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

Decision:

1.   The Non-Refundable CIAC of four thousand five hundred eighty-eight dollars and ninety-four cents ($4,588.94), excluding HST, as calculated under the Policy to provide single-phase service to Domestic Customers located in the Cottage Area known as Sandy Point (Area 2) located near the community of Norris Arm South, is approved.

2.   Newfoundland Power shall pay all expenses of the Board arising from this Application.

Date Issued:

June 19, 2008

Newfoundland Power                                                                                            P.U. 13 (2008)

Application:

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

Decision:

1.   The Non-Refundable CIAC of eight thousand four hundred thirty-six dollars and fifty-three cents ($8,436.53), excluding HST, as calculated under the Policy to apply to Domestic Customers located in the Cottage Area known as Smith’s Pond, is approved.

2.   Newfoundland Power shall pay all expenses of the Board arising from this Application.

Date Issued:

June 19, 2008

Newfoundland Power                                                                                            P.U. 14 (2008)

Application:

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

Decision:

1.   The Non-Refundable CIAC of two thousand three hundred ninety-two dollars and twenty-four cents ($2,392.24), excluding HST, as calculated under the Policy to apply to Domestic Customers located in the Combined Valley Road Cottage Area for a 20-year period from the date the Line Road Extension is placed in service, is approved.

2.   The refund to each of the existing customers in the Valley Road Cottage Area of the amount of thirty-three dollars and seventy-six cents ($33.76), excluding HST, is approved.

3.   Newfoundland Power shall pay all expenses of the Board arising from this Application.

Date Issued:

June 19, 2008

Newfoundland Power                                                                                            P.U. 15 (2008)

Application:

Application for approval of Rate Stabilization Adjustment and Municipal Tax Adjustment to be effective July 1, 2008.

Decision:

1.       The Rate Stabilization Adjustment of 0.761 cents/kWh and the Municipal Tax Adjustment factor of 1.02359, to be applied to all bills based on consumption on and after July 1, 2008 to June 30, 2009, are approved.

2.      The rates proposed by Newfoundland Power to be effective on all electrical consumption on and after July 1, 2008 to June 30, 2009, as set out in Schedule A to this Order, are approved.

3.      Newfoundland Power shall pay the expenses of the Board in connection with this Application.

Date Issued:

June 24, 2008

Newfoundland and Labrador Hydro                                                                      P.U. 16 (2008)

Application:

Application for Rate Changes to Island Interconnected Customers (excluding Burgeo School and Library) and Isolated Rural Customers (excluding Government departments) to be effective July 1, 2008

Decision:

1.       The rates proposed by Hydro for its Island Interconnected customers (excluding Burgeo School and Library) and Isolated Rural customers (excluding Government departments) to be effective on all electrical consumption on and after July 1, 2008, as set out in Schedule A to this Order, are approved.

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

Date Issued:

June 24, 2008

Newfoundland and Labrador Hydro                                                                      P.U. 17 (2008)

Application:

Application for approval of three capital projects affecting the Holyrood Thermal Generating Station, pursuant to Section 41(3) of the Act.

Decision:

1.   The additional 2008 capital expenditures of:

(a)    $4,446,200 to replace the Unit 1 Superheater at the Holyrood Thermal Generating Station; and

(b)    $1,278,500 to replace the public address (paging) system at the Holyrood Thermal Generating Station;

are approved.

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

Date Issued:

June 27, 2008

Newfoundland Power                                                                                            P.U. 18 (2008)

Application:

Application for approval of capital expenditures supplemental to Newfoundland Power Inc.’s 2008 Capital Budget (2nd Supplemental – wind generation facilities – Newind Group Inc – Burin Peninsula and SkyPower Facility – Fermeuse).

Decision:

1.   The Board approves the following capital expenditures associated with the interconnection of the Wind Farms to Newfoundland Power’s transmission system:

                                                                           i.      $487,000 to make additions and modifications to Newfoundland Power’s Laurentian Substation at St. Lawrence to accommodate the interconnection of the Newind Facility;

                                                                         ii.      $928,000 to make additions and modifications to Newfoundland Power’s Fermeuse Substation on the Southern Shore of the Avalon Peninsula to accommodate the interconnection of the SkyPower Facility, and for associated metering and protective relaying additions and modifications at Newfoundland Power’s Cape Broyle, Mobile and Big Pond Substations; and

                                                                        iii.      $88,000 to make modifications to Newfoundland Power’s transmission line terminating at Laurentian Substation to accommodate the interconnection of the Newind Facility.

2.   Newfoundland Power shall pay all the expenses of the Board arising from this Application.

Date Issued:

July 11, 2008

Newfoundland Power                                                                                            P.U. 19 (2008)

Application:

Application for approval of capital expenditures supplemental to Newfoundland Power Inc.’s 2008 Capital Budget (3rd Supplemental –Underground civil infrastructure for utility power cables in Water Street and Harbour Drive areas of St. John’s).

Decision:

1.      The Board approves the additional 2008 capital expenditures of $1,930,000 associated with the installation of underground civil infrastructure for utility power cables in Water Street and Harbour Drive areas of St. John’s.

2.      Newfoundland Power shall pay all the expenses of the Board arising from this Application.

Date Issued:

July 31, 2008

Newfoundland and Labrador Hydro                                                                      P.U. 20 (2008)

Application:

Amended Application for the approval, pursuant to Sections 78 and 80 of the Act, for inclusion in rate base of certain Interconnection expenditures incurred by Hydro, and for the deferral and recognition of certain power purchase costs incurred by Hydro, all with respect to two wind energy purchase agreements.

Decision:

1.       Hydro’s proposal to set up a deferral account for the unrecoverable Interconnection Costs associated with the Power Purchase Agreements, at an estimated cost of $500,000, together with financing costs, is approved (the “Deferral Account”).

2.       Hydro’s proposal to include the unamortized balance of the Deferral Account in the rate base for 2008 is approved.

3.       Hydro shall recognize the balance of the Deferral Account as an expense in 2009.

4.       Hydro shall pay the expenses of the Board incurred in connection with this Application.

Date Issued:

September 3, 2008

Newfoundland Power                                                                                            P.U. 21 (2008)

Application:

Application for approval to proceed with the construction and purchase of certain improvements to its property pursuant to Section 41(3) of the Act. [Reference Order No. P. U. 27(2007) – NP 2008 Capital Budget]

Decision:

The Board approves the amount of $70,000 in leases for 2008 pursuant to Section 41 of the Act.

Date Issued:

                  September 8, 2008

Newfoundland Power                                                                                            P.U. 22 (2008)

Application:

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:

a)       the extension of the maturity date associated with the Amended Committed Facility to August 29, 2011;

b)      such further extensions of the maturity date as may be requested by Newfoundland Power and agreed to by the lenders; and

c)      the deletion of the material adverse change provision described in paragraph 6 of the Application

d)      all as contemplated by the Second Amending Agreement.

2.   Newfoundland Power shall pay all the expenses of the Board arising from this Application.

Date Issued:

      September 17, 2008

Newfoundland and Labrador Hydro                                                                      P.U. 23 (2008)

Application:

Application for approval to undertake a Condition Assessment and Life Extension Study for the Holyrood Thermal Generating Station pursuant to Section 41(3) of the Act.

Decision:

1.       An additional 2008 expenditure of $420,000 to begin the proposed Condition Assessment and Life Extension Study for the Holyrood Thermal Generating Station, which involves the issuance of a request for proposals, evaluation of the proposals and the preparation of a detailed scope of work, is approved.

2.       Newfoundland and Labrador Hydro shall pay all the expenses of the Board arising from this Application.

Date Issued:

September 25, 2008

Newfoundland Power                                                                                            P.U. 24 (2008)

Application:

Application for approval to proceed with the construction and purchase of certain  improvements to its property pursuant to Section 41(3) of the Act (the “Application”).

Decision:

1.       Pursuant to Section 41(3) of the Act the Board approves the additional 2008 capital expenditures associated with the purchase of 17 photocopiers as proposed in the Application.

2.      Newfoundland Power shall pay all the expenses of the Board arising from this Application.

Date Issued:

October 1, 2008

Newfoundland and Labrador Hydro                                                                      P.U. 25 (2008)

Application:

Application for approval of a capital project to purchase a front end loader, pursuant to Section 41(3) of the Act.

Decision:

1.       Pursuant to Section 41(3) of the Act, the Board approves the additional capital expenditures of $220,000 for the purchase of a front end loader.

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

Date Issued:

October 1, 2008

Newfoundland and Labrador Hydro                                                                      P.U. 26 (2008)

Application:

Application for approval to install neutral grounding resistors at Come By Chance terminal station and approval of an associated customer contribution, pursuant to Sections 41(3) and 41(5) of the Act.

Decision:

1.       Pursuant to Section 41(3) of the Act the Board approves the capital expenditure of $272,271 for installation of neutral grounding resistors at the Come By Chance terminal station, which asset will be specifically assigned to North Atlantic Refining Limited upon completion of the capital project.

2.       Pursuant to Section 41(5) of the Act the Board approves the contribution from the customer, North Atlantic Refining Limited, of the final capital cost of the project.

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

Date Issued:

October 1, 2008

Newfoundland Power                                                                                            P.U. 27 (2008)

Application:

Application for approval of, pursuant to Sections 41 and 78 of the Act:

a)       its 2009 Capital Budget of $61,571,000;

b)      its 2009 leases of $11,000 per year; and

c)      fixing and determining its average rate base for 2007 in the amount of $793,703,000.

Decision:

1.       Pursuant to Section 41 of the Act Newfoundland Power’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 2009 Capital Budget for improvements and additions to Newfoundland Power’s property in an amount of $61,571,000 is approved.

3.       Pursuant to Section 41 of the Act the 2009 leases of $11,000 per year, as set out in Schedule B to this Order, are approved.

4.       Pursuant to Section 78 of the Act the average rate base for the year ending December 31, 2007 is hereby fixed and determined at $793,703,000.

5.       Unless otherwise directed by the Board, Newfoundland Power shall file an annual report to the Board on its 2009 capital expenditures by March 1, 2010.

6.       Unless otherwise directed by the Board, Newfoundland Power shall provide in conjunction with the 2010 Capital Budget Application, a status report on the 2009 capital budget expenditures showing for each project:

                                                                                 i.      the approved budget for 2009;

                                                                               ii.      the expenditures prior to 2009;

                                                                              iii.      the 2009 expenditures to the date of the Application;

                                                                             iv.      the remaining projected expenditures for 2009;

                                                                               v.      the variance between the projected total expenditures and the approved budget; and

                                                                             vi.      an explanation of the variance.

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

Date Issued:

November 12, 2008

Newfoundland Power                                                                                            P.U. 28 (2008)

Application:

Application for approval to proceed with the construction and purchase of certain improvements to its property pursuant to Section 41(3) of the Act (the “Application”).

Decision:

1.       The Non-Refundable CIAC of Three thousand one hundred eighty-four dollars and seventy-one cents ($3,184.71), excluding HST, as calculated under the Policy to apply to Domestic Customers located in the Cottage Area known as Monroe’s Pond, is approved.

2.       Newfoundland Power shall pay all expenses of the Board arising from this Application.

Date Issued:

November 20, 2008

Newfoundland Power                                                                                            P.U. 29 (2008)

Application:

Application for approval to remove a distribution line from service in the Stephenville Flood Zone pursuant to Section 38 of the Act (the “Application”).

Decision:

1.       Pursuant to Section 38 of the Act, the Board consents to the removal of the Line from the Flood Zone as proposed in the Application.

2.       Newfoundland Power shall pay all expenses of the Board arising from this Application.

Date Issued:

November 20, 2008

Newfoundland and Labrador Hydro                                                                      P.U. 30 (2008)

Application:

Application by Newfoundland and Labrador Hydro (“Hydro”) for the approval of an upgrade to transmission lines TL-227 and TL-262 (the “Application”), pursuant to Section 41(3) of the Act.

Decision:

1.       Pursuant to Section 41(3) of the Act, the Board approves the capital expenditure of $350,300 for the upgrade to transmission lines TL-227 and TL-262.

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

Date Issued:

November 20, 2008

Newfoundland and Labrador Hydro                                                                      P.U. 31 (2008)

Application:

Application by Newfoundland and Labrador Hydro (“Hydro”) for the approval of the deferral of expenses associated with the repair of the Unit 2 Turbine at the Holyrood Thermal Generating Station as a Major Extraordinary Repair (the “Application”), pursuant to Sections 69, 78 and 80 of the Act.

Decision:

1.       The Application is denied.

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

Date Issued:

December 18, 2008

Newfoundland and Labrador Hydro                                                                      P.U. 32 (2008)

Application:

Application by Newfoundland and Labrador Hydro (“Hydro”) for the approval to extend the amortization period for deferral of Major Extraordinary Repairs from five to seven years (the “Application”), pursuant to Sections 69, 78 and 89 of the Act.

Decision:

1.       The Application is denied.

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

Date Issued:

December 18, 2008

Newfoundland and Labrador Hydro                                                                      P.U. 33 (2008)

Application:

Application by Newfoundland and Labrador Hydro (“Hydro”) for the approval of a Contribution in Aid of Construction (“CIAC”) for a single-phase line extension to serve the Walsh’s River Cottage Area, near Labrador City (the “Application”), pursuant to Section 41(5) of the Act.

Decision:

1.       The Contribution in Aid of Construction in the amount of $475,704.62, including HST; to be paid in two separate amounts of $93,000.00 in 2008 and $382,704.62 in 2009, for the supply of single phase electrical service to 19 domestic customers, located at the Walsh’s River Cottage Area near Labrador City, as calculated under the Policy, is approved.

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

Date Issued:

December 18, 2008

Newfoundland and Labrador Hydro                                                                      P.U. 34 (2008)

Application:

Application by Newfoundland and Labrador Hydro (“Hydro”) for the approval of changes in the rates to be charged for the supply of power and energy to Labrador Interconnected customers and related changes to the Rate Stabilization Plan Rules, (the “Application”), pursuant to Sections 70 and 71 of the Act.

Decision:

1.       The decrease of the monthly amount of the 2009 automatic rate adjustment in the Rural Rate Alteration for the Labrador Interconnected customers in the Rate Stabilization Plan from $32,433 to ($5,766), is approved on a final basis, as attached in Schedule A.

2.       The Schedule of Rates for the Labrador Interconnected customers, as attached in Schedule B, is approved on a final basis, effective January 1, 2009.

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

Date Issued:

December 22, 2008

Newfoundland Power                                                                                            P.U. 35 (2008)

Application:

Application for approval of the Operation of the Automatic Adjustment Formula for 2009.

Decision:

1.       The Board approves:

                                                                     i.            a rate of return on rate base for 2009 of 8.37% in a range of 8.19% to 8.55%; and

                                                                   ii.            Newfoundland Power’s continued use of the current Customer Rates approved by Order No. P. U. 15(2008), with effect from January 1, 2009.

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

Date Issued:

December 22, 2008

Newfoundland and Labrador Hydro                                                                      P.U. 36 (2008)

Application:

Application for approval of (a) its 2009 Capital Budget of $47,856,000; (b) its 2009 capital budget purchases and construction projects in excess of $50,000; (c) its 2009 leases of $6,720 per year; (d) the proposed estimated contributions in aid of construction for 2009; and (d) fixing and determining its average rate base for 2007 in the amount of $1,484,545,000.

Decision:

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

2.       Pursuant to Section 41 of the Act, the 2009 Capital Budget for improvements and additions to Hydro’s property in an amount of $ 47,856,000 is approved.

3.       Pursuant to Section 41 of the Act, the 2009 lease in the amount $6,720 is approved.

4.       Unless otherwise directed by the Board, Hydro shall file an annual report to the Board on its 2009 capital expenditures by March 1, 2010.

5.       Unless otherwise directed by the Board Hydro shall provide, in conjunction with the 2010 Capital Budget Application, a status report on the 2009 capital budget expenditures showing for each project:

                                                                     i.            the approved budget for 2009;

                                                                   ii.            the expenditures prior to 2009;

                                                                  iii.            the 2009 expenditures to the date of the application;

                                                                 iv.            the remaining projected expenditures for 2009;

                                                                   v.            the variance between the projected total expenditures and the approved budget; and

                                                                 vi.            an explanation of the variance.

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

Date Issued:

December 23, 2008

Newfoundland and Labrador Hydro                                                                      P.U. 37 (2008)

Application:

Application by Newfoundland and Labrador Hydro (“Hydro”) for the approval of the Rate Stabilization Plan components of the rates to be charged to Island Industrial Customers (the “Application”), pursuant to Section 70(1) of the Act.

Decision:

1.       The continuation of the rates, rules and regulations for Hydro’s Island Industrial Customers is approved on an interim basis from January 1, 2009 to March 31, 2009, with the Schedule of Rates as attached in Schedule A.

2.       Hydro shall make application to finalize the interim rates, rules and regulations for the Island Industrial Customers by January 30, 2009.

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

Date Issued:

December 24, 2008

Newfoundland and Labrador Hydro                  P.U. 38 (2008) is Rescinded see P.U. 1 (2009)

Application:

Application for Rate Changes to Island Interconnected Customers and Isolated Rurual Customers (Interim Order).

Decision:

1.       The Board approves on an interim basis the rates as attached in Schedule A to be effective for consumption on and after January 1, 2009 until a final order of the Board with respect to the within matter.

2.       The continuation of the rebate to Hydro’s domestic customers served from the Labrador Isolated and L’Anse au Loup (Labrador Straits) system is approved on an interim basis.

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

Date Issued:

December 31, 2008