CSA Z462 Arc Flash Training – Electrical Safety Compliance Course
Our customized live online or in‑person group training can be delivered to your staff at your location.
- Live Online
- 6 hours Instructor-led
- Group Training Available
Regular Price:
$249
Coupon Price:
$199
ST. JOHN'S, Newfoundland - Newfoundland Power Inc. said on Friday its first-quarter profit fell because of slightly lower electricity prices and the lack of a tax refund that padded earnings in the first quarter of 2001.
Newfoundland Power, owned by utility holding firm Fortis Inc., made a profit of C$10.3 million ($6.6 million), or C$1 per share, down from a profit of C$12.2 million, or C$1.18 per share, in the year-ago quarter.
Revenue fell slightly to C$115.4 million from C$116.1 million.
The company said its operating expenses are at their lowest level in nearly a decade.
During the quarter, the company reduced electricity rates 0.6 percent, which also added to the drop in earnings.
The company's shares were up 17 Canadian cents to C$47.40 a share in Friday morning trade on the Toronto Stock Exchange.
($1=$1.57 Canadian)
Related News
Russian Strikes on Western Ukraine Cause Power Outages
Ukraine Energy Grid Attacks intensify as missile strikes and drone raids hit power plants, substations,…
View more
Is tidal energy the surge remote coastal communities need?
BC Tidal Energy Micro-Grids harness predictable tidal currents to replace diesel in remote Indigenous coastal…
View more
Met Office joins REVISE to protect United Kingdom overhead transmission lines
Met Office REVISE Project will provide high-resolution weather data to refine static line ratings for…
View more
In Europe, A Push For Electricity To Solve The Climate Dilemma
EU Electrification Strategy 2050 outlines shifting transport, buildings, and industry to clean power, accelerating EV…
View more
Cape Town to Build Own Power Plants, Buy Additional Electricity
Cape Town Renewable Energy Plan targets 450+ MW via solar, wind, and battery storage, cutting…
View more
NB Power signs three deals to bring more Quebec electricity into the province
NB Power and Hydro-Québec Electricity Agreements expand clean hydroelectric exports, support Mactaquac dam refurbishment, add…
View more
Sign Up for Electricity Forum’s Newsletter
Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.
Electricity Today T&D Magazine Subscribe for FREE
Stay informed with the latest T&D policies and technologies.
- Timely insights from industry experts
- Practical solutions T&D engineers
- Free access to every issue
