Nova Scotia ratepayers will continue to be charged almost the full cost of the Maritime Link this year, despite the fact deliveries of hydroelectricity from Muskrat Falls are still only a fraction of what was contracted in 2013. The $1.76 billion subsea cable built by Nova Scotia Power Maritime Link (NSPML) has been in service […]
Nova Scotia Power seeks three annual rate increases of 1.5% for residential customers
Nova Scotia Power has filed an application that would see power rates rise 1.5% a year for residential customers in each of the next three years, if approved by the Utility and Review Board (UARB). The increases are related to rising fuel costs and purchases of imported power. Commercial and industrial class customers will see […]
UARB kicks Maritime Link costs down the road; orders small credit to ratepayers
If Nova Scotia Power wants to recover a larger portion of the $1.6 billion cost of the construction of the Maritime Link from ratepayers, it’s going to have to be patient. The Utility and Review Board has ruled that NSP cannot bill the full amount requested from ratepayers until after electricity begins to flow from...