Posted inBusiness and Development

Nova Scotia Power files for even higher power rates due to rising fuel costs, failure to meet emissions targets

Nova Scotia Power is asking for a rate increase for households of 11.6% over three years instead of the 10% it requested in January. The company cites rising fuel costs, higher-than-expected prices for power purchased from other utilities, and the costs of failing to meet greenhouse gas targets. “The forecast fuel and purchased power costs […]