Starts ~1.8¢ in 2027.
ReportedLast verified 2026-10-14
The starting price on the press graph — not the fifty-year average.
PowerOpen People · Costs
Seven price stories. We will not merge them.
Open People will not sell this as one cheap-power number. We keep the price stories apart: the old export lore; the new paper’s dollar-and-inflation structure, which is not a locked industrial tariff; what Hydro posts for Labrador households; the mine tariff, which is a formula, not one cent; and two public Hydro-Québec export stories — a start and a life average — that are different measurements.
Last verified public documents onlyUNKNOWN labelled
Heritage export
What Hydro-Québec pays under the 1969-lineage renewal, to 2041.
Rejected 2024 MOU
The IRC's decomposition of the expired MOU's average into its two blocks. History.
Reported new HQ export path
Press and utility descriptions of the DCIA export price. Not a signed PPA cent.
Published Labrador tariffs
What Hydro posts today for Labrador households; the mine rate is a formula, not a rung.
Island grid (not Labrador)
A different grid and a different tariff. Shown so nobody quotes it as Labrador.
Québec data-centre rate (proposed)
What Hydro-Québec wants to charge compute at home. Context, not a Labrador tariff.
Signed industrial ¢ for retained power
The number that would matter for a new Labrador mine or any new load.
1969 renewal, two mills
Export price under a specific contract (2016–2041). Not a rate anyone here can buy at.
Each row measures something different. A starting price, a fifty-year average and a household tariff cannot be subtracted from one another. The desk labels them and refuses to merge them. Source for each rung is under its number.
Contested communications — not a locked industrial ¢
Two public prices. Different measurements.
Averages ~7.4¢ over the life.
ReportedLast verified 2026-10-14
The life average on the same graph — not the 2027 starting price.
Those are two different measurements, not a contradiction to mash into one number. The paper pays target dollars, then inflation. Nobody has published how to turn that table into a locked industrial cent. We do not invent it.
01 — Heritage
Two mills.
The old Hydro-Québec renewal price is two , two tenths of a cent. It is lore about what left the border, not a rate anyone here can buy power at today.
02 — Structure
Not a locked ¢ schedule.
The describe how later are supposed to be built: an for Hydro-Québec, for NL Hydro, a , leftover-power options, three-year notice. The rejected MOU's ¢ path is on this page only so nobody treats it as current.
Retained power
Public framing: up to 2,350 MW from Churchill Falls and Gull Island. Announcement language, not a signed allocation.
Framework, not executed. These are Material Terms for later contracts.
03 — Published Labrador rates
A household cent, and a formula for mines.
Hydro posts 3.154¢/kWh for households on the Labrador interconnected grid. Mines are on : demand charges plus a monthly firm-energy formula. We do not collapse that into one cent.
04 — All markers
Every price we will publish, with its status.
Heritage
Heritage export (1969 renewal)
Two mills — two tenths of a cent — is the old Hydro-Québec renewal price, not a rate anyone in this province can buy power at today.
Structure
Rejected 2024 MOU path (IRC)
The old memorandum’s “average” hid a cheap front and a steep back. The independent review took that paper apart. That path is history — not the August framework.
Structure
DCIA HQ payments (structure)
The new paper pays Hydro-Québec’s Churchill Falls offtake as a schedule of target dollars, then nudges it with a Canadian inflation band. That is not a posted industrial cent rate.
Reported
Reported HQ ¢ path (not a locked PPA)
NL Hydro has described a rising export price toward 2041. Treat that as a public description of direction — not a signed industrial rate, and not a data-centre tariff.
Structure
Unused-retain / synthetic export options
If NL does not use power at home, the paper already lists ways to sell it west — some at a discount if nobody gave three years’ notice.
Published rate
Labrador Interconnected domestic (Rate 1.1L)
Household power on the Labrador interconnected grid is posted at a bit over three cents a kilowatt-hour, plus a small monthly customer charge. That is a domestic tariff — not a mine rate, and not the Churchill Falls export lore.
Structure
Labrador Industrial (LAB-IND-1)
Mines on the Labrador bulk grid do not pay one posted household-style cent. They pay demand charges plus a monthly mix of a development energy block and a market energy block. Open the July 2026 PDF. We do not flatten that into a single ¢/kWh.
Published rate
Island Industrial Firm (Island grid — not Labrador)
Island mills and mines sit on a different grid and a different tariff than Labrador. Do not quote this as a Labrador rate.
Structure
17 Aug deal package (announcement language)
The August announcement says NL may keep up to 2,350 MW, sell unused retain to Hydro-Québec at a 150% premium, and holds 985 MW of export transmission. The province values the package at $49 billion in 2026 dollars, with $3.5 billion NPV in federal support, and a 15% residential rebate after the definitive agreements. That is announcement language, not signed contracts.
Structure
Wind project capital cost (estimate)
The public agreement summary puts the estimated capital cost of the 2,000 MW wind study at $8 billion. No developer is named.
Reported
15% residential rebate — after finals
The 15% residential rebate is promised only after the definitive agreements are signed. VOCM reported it may not show on bills until April if talks run to the framework’s March end.
Reported
HQ proposed Rate CD (data centres ≥5 MW)
Québec’s filed data-centre tariff is a demand charge plus an energy charge, not one cent. Newfoundland and Labrador has published no equivalent.
Reported
US duty on Canadian energy
The United States put a 10% duty on Canadian energy. ISO New England was approved to pass that cost through to customers. Power used in Labrador is not at that border.
Reported
5 Wing Goose Bay — Labrador electricity
Ottawa announced up to $8 billion for Goose Bay, starting with a $187 million contract to switch heating to Labrador electricity. The base’s megawatt need is not published.
UNKNOWN
Signed industrial ¢ for new retain
There is no public, locked cent rate that says what a new Labrador mine — or any other new load — pays for retained Churchill / Gull Island megawatts under the still-unsigned PPAs. No NL data-centre rate or firm-MW value has been published.
Schedule-era — not current
Older Labrador Industrial PDF (2015 figures)
An older Labrador Industrial schedule is still on Hydro’s site. Its 2015 energy-block numbers are history. Use them only as a then-versus-now of the same formula, not as today’s mine rate.
Island retail on older campaign copy (“11–13¢ delivered”) matches Newfoundland Power's tail-block general-service energy charges only; first-block and demand-inclusive bills run higher, roughly 11–15¢ before demand charges and HST. Not a Labrador rate and not a locked PUB figure here. Hydro's current-rates page quotes 15.587¢ first-block for Island Interconnected and isolated diesel domestic; that is not Labrador. Binding DCIA industrial cents remain not published.