The territorial government says its decision, announced this week, to replace the Northwest Territories Power Corporation’s board with deputy ministers will save $1 million per year.
Meanwhile, the power corporation is proposing a new series of annual rate increases — to follow a set of four annual hikes that concluded last year. In the coming year, the average N.W.T. resident is told to expect up to $10 extra on their monthly power bill.
Where does that $1 million saving fit into all the other numbers swirling around NTPC, and where does the corporation’s money go? Here are some of the figures.
For more on NTPC: Behind the Power Cut at Power Corp