New Brunswick’s Energy and Utilities Board has said “no” to NB Power’s application to install smart meters in the province.
The application was part of a marathon public hearing which sat for 31 days over three months.
READ MORE: EUB hearing intervener questions fairness of NB Power energy efficiency program
The board concluded that the estimated capital cost for the project — more than $90 million — did not constitute a positive business case and therefore was not in the public interest at this time.
Get daily National news
However, NB Power argued the meters would lead to decreased consumption and lower costs for the utility.
Smart meters make it possible to transmit individual customer consumption data back to NB Power in real time, instead of being read in person once a month.
WATCH: Smart meter program under scrutiny during annual EUB hearing in Saint John
- B.C. Conservatives plan to repeal no-fault insurance, leaked letter shows
- Ontario asks OPP to look into OSAP payments at private career colleges
- ‘Tipping recession’: Atlantic Canadian hospitality workers feeling the pinch
- Westwood Hills residents welcome work on new emergency exit, but want more routes
-
![]()
Ottawa and Washington relationship ‘the worst in modern history’: Ex-US Ambassador to Canada -
![]()
U.S. Coast Guard suspends search for missing Ontario air ambulance crew, passengers -
![]()
BC Lions Gravy Bowl Game -
![]()
Alicia Keys’ musical ‘Hell’s Kitchen’ hits Toronto with story about family, love and self-discovery
The utility is required to gain the board’s permission for any capital expenditure in excess of $50 million.
Comments
Want to discuss? Please read our Commenting Policy first.