Tag: Nova Scotia Power

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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New year sees Nova Scotia Power rate increase take effect | CBC News

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Nova Scotia Power customers will pay 6.5 per cent more on average for electricity in 2024, after a rate increase took effect on Jan. 1. The rate hike was ratified in February last year as part of a 13.8 per cent jump to bills over two years. At the time, increases of 6.9 per cent were forecast each year, but that has changed slightly bringing this year’s change to 6.5 per cent. Read full story here: New year sees Nova Scotia Power rate increase take effect | CBC News

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Nova Scotia Power wants customers to foot leftover $25M Fiona bill | CBC News

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Post-tropical storm Fiona may be in the rear-view mirror but it’s still on the front burner for Nova Scotia Power. The company is stuck with a $24.6-million bill that it says is threatening its profits. This week Nova Scotia Power asked regulators for permission to collect $24.6 million in Fiona-related operating costs — like meals, travel and overtime — from ratepayers over an unspecified period of time. It is the first time the company has asked the Nova Scotia Utility and Review Board (UARB) to defer so-called operating, maintenance and…

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Emera Refuses To Cut Shareholder Returns For ‘Grossly Overestimated’ Maritime Link | CBC News

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The parent company of Nova Scotia Power has rejected a request from regulators to voluntarily reduce shareholder returns on the $1.5-billion Maritime Link, instead announcing a donation to the Salvation Army as compensation over delays. The Nova Scotia Utility and Review Board had urged Emera — through its affiliate Nova Scotia Power Maritime Link — to lower its nine per cent rate of return because the project has failed to deliver promised benefits. The transmission system was completed three years ago to import hydroelectricity from the massive turbines at Muskrat Falls in Labrador. Read full…

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N.S. Power Applies To Get Time-Of-Day Pricing To Give Option For Lower Electricity Prices | CTV News

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HALIFAX — Nova Scotia Power customers will soon be asked if they’re willing to do laundry late at night to save some money on their bills. With an electric scooter as a primary mode of transportation, Ed Julian is certainly aware of what he pays for power every month, and like many Nova Scotians, it’s too high for his liking. After being shelved for a while because of COVID-19, the power utility has ramped-up its smart meter replacement program again, with an aim to have half-a-million installed by next year.…

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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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Why Concerns Persist About The Supposed Health Risks Of Smart Meters | CBC News

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As Nova Scotia Power works to install $133 million worth of smart meters in the homes and businesses of its 500,000 customers, it’s also going to have to fight unfounded claims that they’re bad for people’s health. The meters will allow the company to automatically measure how much electricity people consume, eliminating the need for meter readers to manually take the measurement. The utility says the meters will also provide consumers better information about their usage and will automatically generate outage notifications, resulting in more efficient power restoration. Despite statements from groups such as Health…

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Nova Scotia Power Testing Tesla Batteries In Electrical System – Halifax | Globalnews.ca

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Nova Scotia Power is testing Tesla batteries in a pilot project exploring how they can be used to provide a more reliable power supply. A couple dozen battery compartments, each about the size of an enclosed portable toilet, have been installed at an electrical substation in Elmsdale, N.S. The modular arrangement is called a Powerpack system; essentially a giant rechargeable battery. A smaller-scale system was installed in Australia. “The wind blows when it blows, the sun shines when it shines, but people like to watch TV at night,” Jill Searle, the NSP’s…

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More Fast-Charging Stations Coming For Electric Vehicles In The Maritimes | The Chronicle Herald

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HALIFAX — Driving an electric car along Canada’s rugged East Coast is about to get a lot easier. Electric utilities in both Nova Scotia and New Brunswick are moving ahead with plans to install more charging stations along major highways. “It’s a good step forward,” says Wayne Groszko, renewable energy co-ordinator with the Halifax-based Ecology Action Centre. “When they’re in place, people will be able to drive their electric cars farther. I see that as a good thing.” In Nova Scotia, the province’s electric utility announced Wednesday it will set up 12 more stations along the province’s 100-series highways,…

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