Tag: Fleecing

Nova Scotia Power customers to foot $24M in storm recovery costs | CBC News

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Nova Scotia Power customers will see rates go up next year to pay for the utility’s cost of dealing with storms in 2023. In a newly released decision from the Nova Scotia Utility and Review Board, Nova Scotia Power got the green light to charge ratepayers $24 million starting in January 2025 through a mechanism called the storm cost-recovery rider. According to the board, the impact on rates will vary depending on the customer, but on average, rates will rise about 1.4 per cent. There were six storms in 2023 that…

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Federal loan to shield Nova Scotia Power customers from 19 per cent rate hike | CTV News

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HALIFAX – The Canadian government have offered a $500 million loan to Nova Scotia Power(opens in a new tab) and the provincial government that will not only help green the power grid and meet greenhouse gas targets, but also avoid the impact of a 19 per cent rate hike for Nova Scotia Power customers next year. Canada’s Minister of Energy and Natural Resources Jonathan Wilkinson was in Halifax Monday to make the announcement and said the $500 million loan addresses an energy shortfall due to significant and unexpected delays in…

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N.S. Power wants ratepayers to cover $22M bill for last year’s storm damages, repairs | CTV News

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Nova Scotia Power has filed an application with the province’s Utility and Review Board (UARB) to have ratepayers cover the cost of last year’s storm damage to the tune of $22 million. It’s a request that isn’t sitting well with Premier Tim Houston. “I wish Nova Scotia Power would have more empathy towards Nova Scotians,” Houston says. “Folks are already paying a lot in Nova Scotia when it comes to power. If you look at the last couple of years, you’ve seen combined increases near 15 per cent bills and…

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Air Canada joins WestJet in hiking checked-bag fee. Could carry-on charges be next? | CBC News

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It comes as no surprise to some industry experts: Air Canada hiked its first checked-bag fee by $5 for economy-type fares this week, shortly after WestJet made the same move. “It’s a business,” said Karl Moore, an associate professor with McGill University’s faculty of management. “You’re leaving money on the table if you don’t do it. There’s no outrage about it, so you can make some more money.” It remains to be seen, however, if customers do express outrage once they’re hit with the higher bag fee. Even if they…

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

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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…

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NSP Ordered To Refund Millions To Customers, But Bills Not Likely To Shrink | CBC News

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Nova Scotia Power was ordered to pay a multi-million dollar refund to customers Friday by regulators who ruled a mega-project once again failed to deliver promised benefits. Ratepayers are on the hook for the $1.57-billion Maritime Link, which was completed on time and on budget in 2017 to bring electricity from the Muskrat Falls hydro project into Nova Scotia via subsea cable across the Cabot Strait. The problem is customers haven’t been getting what they paid for. The Maritime Link has not delivered any electricity from Muskrat Falls. That project…

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