Nova Scotia Power wants customers to pay $1.7M interest on leftover Fiona bill, documents show | CBC News

Nova Scotia Power has provided details on a plan to have ratepayers pick up a $24.6-million bill left over from post-tropical storm Fiona — including nearly $2 million in interest charges.

The brutal September 2022 storm is long gone but cleanup costs are still on the books.

On Friday, Nova Scotia Power proposed collecting the $24.6 million from ratepayers over a five-year period starting in 2025, after a provincial government rate cap expires. That would cost customers another $1.7 million in interest, according to documents submitted to the Nova Scotia Utility and Review Board.

Read full story here: Nova Scotia Power wants customers to pay $1.7M interest on leftover Fiona bill, documents show | CBC News

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