Nova Scotia Power says it will apply later this month to raise rates in 2026 and 2027 to help pay for $1.3 billion in maintenance and improvements to the electricity grid, while continuing to hit the publicly traded company’s target profit margin. The average rate increase for all customers would be 2.1 per cent for each of the next two years, with the residential rate going up about 4.1 per cent each year. The rate hikes would take effect on Jan. 1 of each year. Read full story here: Nova…
Read MoreNova Scotia Power proposes single-digit rate hikes for next 2 years | CBC News
