Ice storm costs Maritime Electric $400K
Utility says P.E.I customers will not pay price
Maritime Electric has done a tally of the cost of repairs from the ice storm that hit P.E.I. in late March.
The March 31 storm cost the utility about $400,000.
"We had a significant amount of wires down, also we had some pole mount transformers that were damaged, we had some other equipment that was damaged," said Kim Griffin, the spokeswoman for Maritime Electric. "So it was pretty significant for us in terms of storm repair."
Griffin said it will not mean a rate hike for customers on P.E.I.
"There will be no impact on rates because it came out of our storm contingency budget fund that was negotiated under the energy accord. So it's not that customers are going to see an impact on rates," said Griffin.
Crews continue to make repairs at remote cottage locations. Griffin said that work should be complete within a few weeks.