A 19-day hearing begins today before the Nova Scotia Utility and Review Board (UARB) that will decide how much more Nova Scotians will pay on their power bills. Nova Scotia Power is requesting an average increase of 11.6% over three years that is being driven by higher costs for fossil fuel and less hydroelectricity from […]
What politicians say they will do about higher power bills stemming from delays at Muskrat Falls
As the Halifax Examiner reported on Monday, Nova Scotia Power anticipates it will spend an extra $174 million this year to buy more fossil fuels and more carbon credits to offset GHG emissions that are higher than permitted under Nova Scotia’s cap-and-trade legislation. “Due to reduced availability of Muskrat Falls energy as compared to what […]
For the first time this year, Nova Scotia has gone a week without any reported COVID deaths
Morning File, Friday, August 5, 2022
News 1. COVID For the first time in 2022, the province is reporting zero new deaths from COVID for the most recent reporting period, July 25-August 1. During the same reporting period, 54 people were hospitalized because of COVID. Nova Scotia Health provided the status of COVID hospitalizations as of yesterday: • in hospital for […]
The poise and dignity and badassedness of women’s righteous anger
Morning File, Monday, June 27, 2022
News 1. Atlantic Gold “St Barbara Ltd, the Australian mining company that owns Atlantic Gold and Atlantic Mining NS, which operates the Touquoy open pit gold mine in Moose River, is in trouble,” reports Joan Baxter: This week, St Barbara’s share prices crashed 14% “to a multi-year low,” after the company released a statement that […]
Electrifying politics: NDP, Liberals to introduce bills that will change how Nova Scotia Power operates
What if…the Nova Scotia government acted to restrict profits at Nova Scotia Power and introduced a program to help low-income people pay their power bills? What if… a portion of the power company’s earnings were tied to meeting performance standards for reliable service and reducing carbon emissions? What if… a mechanism could be found so...
Emera president Scott Balfour received $8.28 million in compensation in 2021
Emera Inc. president and CEO Scott Balfour took home a whopping $8.28 million dollars in total compensation in 2021, including salary and stock options. Enough to make you gag in your green beer, the figures for Emera’s top five executives were reported on St.Patrick’s Day in the company’s Management Circular. Here a short summary of […]
Lots of jobs available as Nova Scotia Power kicks coal, committee hears
There are plenty of jobs for Nova Scotia Power workers as the province transitions away from coal, officials told MLAs at a committee meeting on Tuesday. The provincial standing committee on natural resources and economic development held a live-streamed hybrid meeting, with MLAs in the legislative chamber at Province House and witnesses appearing by videoconference,...
Emera sees record profits
The year 2021 delivered record profits for shareholders of Emera Inc, the parent company of Nova Scotia Power. Earnings per share were up 11% from $2.68 in 2020 to $2.81 in 2021. Emera earned $723 million in profit; Nova Scotia Power made $241 million profit, an increase of $20 million from 2020. Higher natural gas […]
Nova Scotia ratepayers will pay $169.4 million this year for the Maritime Link, despite lack of significant energy deliveries
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 proposes shifting millions of dollars in costs to consumers
With inflation running at close to 5% these days, Nova Scotia Power might be forgiven for seeking a 3.3% increase in each of the next three years. That cost works out to an extra $5 a month. (Caveat: the 5% inflation rate is based on month-to-month comparison from a deflated pandemic economy last year and […]
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