Newfoundland Power
Encyclopedia
Newfoundland Power Incorporated, is a Canadian utility company, was formed by the Royal Securities Corporation
of Montreal
in 1924. It is regulated by the Public Utilities Commission
. Newfoundland Power as it is now the primary retailer of electric power in Newfoundland and Labrador
.
In the year of its incorporation it purchased the assets of the St. John's Light and Power Company which had been formed originally by Robert Reid
as the St. 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.
Royal Securities Corporation
Royal Securities Corporation Limited was a Canadian stock brokerage firm founded in Halifax, Nova Scotia in early 1903 by John F. Stairs, its first president. The company was the first brokerage firm to be opened east of Montreal, Quebec, the then financial center of Canada.A prominent and...
of Montreal
Montreal
Montreal is a city in Canada. It is the largest city in the province of Quebec, the second-largest city in Canada and the seventh largest in North America...
in 1924. It is regulated by the Public Utilities Commission
Public Utilities Commission
A Utilities commission, Utility Regulatory Commission , Public Utilities Commission or Public Service Commission is a governing body that regulates the rates and services of a public utility...
. Newfoundland Power as it is now the primary retailer of electric power in Newfoundland and Labrador
Labrador
Labrador is the distinct, northerly region of the Canadian province of Newfoundland and Labrador. It comprises the mainland portion of the province, separated from the island of Newfoundland by the Strait of Belle Isle...
.
In the year of its incorporation it purchased the assets of the St. John's Light and Power Company which had been formed originally by Robert Reid
Robert Reid
Robert Reid may refer to:*Robert Reid , Scottish architect*Robert Reid , merchant and member of the Victorian Legislative Council*Robert Reid , American basketball player...
as the St. John's Street Railway Company
St. John's Street Railway Company
The St. John's Street Railway Company was formed by Robert G. Reid in 1896 to build an electrical railway in St. John's to provide urban transportation using street cars....
in 1896. Those assets included Newfoundland and Labrador's first hydro electric generating station at Petty Harbour, Petty Harbour Hydro Electric Generating Station
Petty Harbour Generating Station
The Petty Harbour Hydro Electric Generating Station which began construction in 1898 was the first hydroelectric generating station in Newfoundland and Labrador. It was built by the St. John's Street Railway Company, a company established by Robert Reid. Operation commenced on April 19, 1900.In...
.
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.
Highlights in the history of Newfoundland Power
- 1926 the company increased the generating capacity of the Petty Harbour Generating StationPetty Harbour Generating StationThe Petty Harbour Hydro Electric Generating Station which began construction in 1898 was the first hydroelectric generating station in Newfoundland and Labrador. It was built by the St. John's Street Railway Company, a company established by Robert Reid. Operation commenced on April 19, 1900.In...
- 1931 completed a 3 MW hydro electric generating station at Pierre's Brook
- 1931 laid two 13 kW cables across the Bell IslandBell IslandBell Island is a Canadian island located off Newfoundland's Avalon Peninsula in Conception Bay.Measuring 9 km in length and 3 km in width, Bell Island has an area of 34 km²...
tickleTickletickling is the act of touching a part of the body lightly so as to cause involuntary laughter or contraction of the muscles;The word tickle can refer to:...
in Conception BayConception BayConception Bay is a Canadian bay located on the northeast coast of the island of Newfoundland. The bay indents the Avalon Peninsula with the opening of the bay to the Atlantic Ocean at the northeast. It is bounded by Cape St. Francis in the south and Split Point near Bay de Verde in the north...
to supply the iron ore mines on Bell Island - 1951 purchased from Bowater's Newfoundland Pulp and Paper Mills and Bay of Islands Light and Power Company the distribution systems in Corner BrookCorner Brook, Newfoundland and LabradorCorner Brook is a city located on the west coast of the island of Newfoundland in Newfoundland and Labrador, Canada....
and Deer LakeDeer Lake, Newfoundland and Labrador-External links:*...
. - 1956 obtained from the Anglo Newfoundland Development Company the distribution system in Grand Falls, Windsor, Bishops Falls and BotwoodBotwood, Newfoundland and LabradorNorthwest: Point LeamingtonNorth: Northern ArmNortheast: Bay of Exploits, Burnt Arm, LaurencetonWest: Division No. 6, Subd. CBotwoodEast: Bay of Exploits, Division No. 6, Subd. A...
. - 1958 completed a 12.5 MW hydro electric generating station at Rattling BrookRattling Brook, Newfoundland and LabradorTown of Rattling Brook|Rattling Brook is a small inlet coastal village located in North Central Newfoundland, close to Baie Verte, Springdale and other coastal towns nearby. Formerly a fishing village, it's main residents are retirees and seasonal tourists...
. - 1958 obtained from the Department of TransportDepartment of TransportDepartment of Transport may refer to:* The Irish government department, see Department of Transport * The UK government department formerly known as the Department of Transport, see Department for Transport...
the distribution system in GanderGander, Newfoundland and LabradorGander is a Canadian town located in the northeastern part of the island of Newfoundland in the province of Newfoundland and Labrador, approximately south of Gander Bay, south of Twillingate and east of Grand Falls-Windsor...
. - 1962 converted the Grand Falls, Windsor, Bishop's Falls and Botwood distribution systems from 50 cycles (50Hz voltage signal) to the North AmericaNorth AmericaNorth America is a continent wholly within the Northern Hemisphere and almost wholly within the Western Hemisphere. It is also considered a northern subcontinent of the Americas...
n standard of 60 cycles. - 1966 Union 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 (1 TW·h).
- 1981 the company had twenty-one hydro stations, three gas turbines, seven dieselDiesel engineA diesel engine is an internal combustion engine that uses the heat of compression to initiate ignition to burn the fuel, which is injected into the combustion chamber...
generating plants and one thermal generating plant for a total installed capacity of 241 MW. - 1987 shareholders of Newfoundland Light & Power Co. form Fortis Inc.Fortis Inc.Fortis Inc. is a St. John's, Newfoundland and Labrador based international diversified electric utility holding company. It primarily operates in Canada and the Caribbean. In 2005, it earned a profit of $137.1 million Canadian from revenue of $1.44 billion....
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.