The Muskrat Falls hydroelectric project is years behind schedule and billions over budget. (CBC)

With their July electricity bill, Newfoundland Power customers have begun paying for Muskrat Falls, though bills haven’t significantly increased — yet.

In a July newsletter, Newfoundland Power said electricity bills were set to decrease by 6.4 per cent as part of the annual rate stabilization adjustment, which reflects the cost of electricity generation.

Instead, that decrease has been offset by a 6.1 increase in electricity rates so Newfoundland and Labrador Hydro can begin recovering the cost of Muskrat Falls, the $13-billion hydroelectric megaproject that is billions over budget