The Government of Newfoundland and Labrador today announced the appointment of Kevin Fagan as Chairperson of the Board of Commissioners of Public Utilities (PUB).

Mr. Fagan’s appointment is for a seven-year term, effective immediately. Biographical information is provided in the backgrounder below. The appointment is based on a recommendation of the Independent Appointments Commission.

The PUB is an independent, quasi-judicial tribunal constituted under section 6 of the Public Utilities Act. It is responsible for the regulation of the electric utilities in the province to ensure that the rates charged are just and reasonable, and that the service provided is safe and reliable. The PUB is also responsible for the supervision of rates charged by automobile insurers for the various automobile insurance coverages under the Automobile Insurance Act; limited regulation of the motor carrier industry in relation to certain passenger and ambulance operations under the Motor Carrier Act, as well as conducting hearings and other required activities under the Expropriation Act. Since 1994, the PUB has been responsible for the regulation of maximum prices for petroleum products in the province in accordance with the Petroleum Products Act.

Quotes
“I welcome Kevin Fagan to this new role, where his considerable experience in the electric utility industry will bring a fresh perspective to the Board of Commissioners of Public Utilities. His unique background will help to strengthen the oversight and governance of the PUB.”
Honourable John Hogan, KC
Minister of Justice and Public Safety

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Board of Commissioners of Public Utilities

BACKGROUNDER

Kevin Fagan

Kevin Fagan has worked in various regulatory roles in the electric utility industry for approximately 40 years. Most recently as Vice President, Regulatory and Stakeholder Relations at Newfoundland and Labrador Hydro, he was responsible for regulatory matters including wholesale and industrial pricing and development of regulatory mechanisms, which balance cost recovery and customer rate stability. Prior to this, he was employed at Newfoundland Power working in the areas of rate design, regulatory policy, statistical analysis and customer service. Kevin Fagan is a Memorial University graduate with a Bachelor of Science in Mathematics (Statistics) and a Diploma in Business Administration.