Posted inBusiness and Development, Province House, Utilities

Nova Scotia Power’s request for ‘storm cost recovery rider’ could mean additional hike in power rates

It’s hurricane season and with the prospect of a lashing from Fiona this weekend, Nova Scotia Power explained to regulators on Tuesday why the company wants a new way to get money from ratepayers if big storms exceed its annual budget. The mechanism is called a “storm cost recovery rider” and would apply only to […]