Island Regulatory & Appeals Commission

Prince Edward Island

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NOTICE: IRAC has issued Order UE26-07, which approves the rate changes outlined in the compliance report. Rate changes will come into effect on August 1, 2026.

As directed by the Commission in Order UE26-04, Maritime Electric has filed a compliance report to collect approved costs related to Hurricane Fiona from customers. The report includes customer rate impacts, with new rates proposed to take effect on August 1, 2026.

How does this impact customers?

Residential customers will see an annual increase of 3.1%* on August 1, 2026.   The chart below outlines the approved rate increases. *This is calculated for an average residential benchmark customer who consumes 1,000 kWh of electricity per month.

Customer ClassApproved Increase
Residential3.1%
General Service2.8%
Large Industrial2.9%
Street Lighting2.9%

For more information and to view the Order, click here.

Note: Order UE26-04 approved Maritime Electric to collect 90% of the requested costs in their application. Click here to see Order UE26-04. (Plain Language Summary) **Please also note that Order UE26-04 is currently subject to an appeal at the Court of Appeal.

UE21505 – MECL Application to Collect Operating and Capital Costs Related to Hurricane Fiona

Compliance Filings

Exhibit List

Applicant Exhibits

Commission Exhibits

Energy Democracy Now! Co-operative Limited

Public Exhibits