Restructuring of New Brunswick's electricity market

Market Advisory Committee

Saint John Energy is currently participating on the Market Advisory Committee to ensure the electricity market in New Brunswick works to the best interest of its Customers. Saint John Energy represents the interests of the three municipal utilities at the Market Advisory Committee.

Transmission Tariff

NB Power applied last year to the Public Utility Board for approval of an Open Access Transmission Tariff, which describes the terms and conditions for the use of the grid by all generation and load facilities. Saint John Energy, in collaboration with other NB Municipal utilities, participated as a formal intervenor in these hearings. The Transmission Tariff came into effect on September 30, 2003.

Transmission Tariff Review

NB Power has applied to the Public Utility Board for changes to its Open Access Transmission Tariff. Saint John Energy, in collaboration with other NB Municipal utilities, will participate as a formal intervenor in these hearings to ensure our Customers are represented and their issues are addressed.

Market Rules

Saint John Energy has represented the NB Municipal Utilities, as a member of the Market Rules Advisory Committee, to help clarify specific rules that will govern how the electricity market will operate. The government has not yet scheduled the date for the Market to open.

Standard Service

Standard Service is the service (rate) a Municipal Utility or Industrial Customer can elect to receive if they choose not to choose an alternate supplier. With the risks and uncertainty associated with leaving a reliable supplier at the beginning of market opening and in the interest of its Customers, Saint John Energy has chosen to stay with its existing supply contract for the time being.

Effects on Customers of Saint John Energy

Saint John Energy expects, through assurances from NB Power and the provincial government, that its electricity supply and rates will be consistent with past history and "business as usual".