Hay River cuts ribbon on new power deal, hoping to save up to 20% – Cabin Radio
March 4, 2025
The Town of Hay River said on Monday it hopes residents will save up to a fifth on their power bills as it began a 15-year electricity franchise agreement with the NWT Power Corporation.
A protracted legal and regulatory dispute meant a town decision to switch distributors, taken almost a decade ago, only materialized last weekend.
Naka Power’s last day as the town’s power distributor was February 28.
The power corporation plans to offer “rates that are approximately 20 percent lower than rates currently charged in Hay River,” the town stated in a Monday news release, while noting that the final rates are part of a much broader territory-wide application that still needs regulatory approval.
