- Newfoundland Power
Infobox_Company
company_name = Newfoundland Power
company_
company_type =Public
foundation = 1924
location =St. John's, Newfoundland ,Canada
key_people = Earl Ludlow, President & CEO
industry =Electricity generation & distribution
num_employees = 1,150 (2005)
products =Electricity
revenue =
homepage = [http://www.newfoundlandpower.com www.newfoundlandpower.com]The Newfoundland Light and Power Company Limited, a
Canadian utility company, was formed by theRoyal Securities Corporation ofMontreal in 1924. It is regulated by thePublic Utilities Commission . Newfoundland Power as it is now the primary retailer of electric power in Newfoundland andLabrador .In the year of its incorporation it purchased the assets of the
St. John's Light and Power Company which had been formed originally byRobert Reid as theSt. John's Street Railway Company in 1896. Those assets included Newfoundland and Labrador's first hydro electric generating station at Petty Harbour, Petty Harbour Hydro Electric Generating Station.After 1924 Newfoundland Light and Power Company became a subsidiary of the International Power Company, and it remained a subsidiary until 1949, when the parent company sold its shares in it to the general public.
The Newfoundland Light and Power Company supplied the general needs of the St. John's urban area and operated the city's electrical street car system. In 1948 the street railway was disbanded and the company became solely an electric company.
Newfoundland Power currently operates 23 hydro generating plants, three diesel plants and three gas turbine facilities for a total installed capacity of 139.4 MW. [ [http://www.newfoundlandpower.com/AboutUs/QuickFacts.aspx Newfoundland Power] , accessed March 3, 2008]
Highlights in the history of Newfoundland Power
* 1926 the company increased the generating capacity of the
Petty Harbour Generating Station
* 1931 completed a 3 MW hydro electric generating station at Pierre's Brook
* 1931 laid two 13 kW cables across theBell Island tickle in Conception Bay to supply the iron ore mines on Bell Island
* 1951 purchased fromBowater's Newfoundland Pulp and Paper Mills andBay of Islands Light and Power Company the distribution systems in Corner Brook and Deer Lake.
* 1956 obtained from theAnglo Newfoundland Development Company the distribution system in Grand Falls, Windsor, Bishops Falls and Botwood.
* 1958 completed a 12.5 MW hydro electric generating station at Rattling Brook.
* 1958 obtained from theDepartment of Transport the distribution system in Gander.
* 1962 converted the Grand Falls, Windsor, Bishop's Falls and Botwood distribution systems from50 cycles (50Hz voltage signal) to theNorth America n standard of60 cycles .
* 1966Union Electric Light and Power Company became part of the Newfoundland Light and Power Company.
* 1966 the company had eleven generating plants with an installed capacity of 95 MW.
* 1970 the company sold over the one billion kW·h (1TW·h ).
* 1981 the company had twenty-one hydro stations, threegas turbines , sevendiesel generating plants and onethermal generating plant for a total installed capacity of 241 MW.
* 1987 shareholders of Newfoundland Light & Power Co. formFortis Inc. as a holding company with 100% ownership of the regulated electrical utility.
* 1990 Newfoundland Light & Power Co. changes its corporate name to Newfoundland Power.
* 1998 the company changed its legal name from Newfoundland Light & Power Co. to Newfoundland Power Inc.ee also
*
Newfoundland and Labrador Power Commission
*Newfoundland and Labrador Hydro References
External links
* [http://www.newfoundlandpower.com Official site]
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