Tag: UARB

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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Regulator OKs Nova Scotia Power’s $354M battery project | CBC News

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Nova Scotia Power is gearing up to build battery systems at three sites to help bring energy stability to the grid as the province moves to replace fossil fuels with renewable energy sources. The utility expects the project to cost about $354 million, with about $116 million covered by a federal grant and the remaining $237 million footed by ratepayers. NSP has financed some of the cost through the Canada Infrastructure Bank, with investment from the Mi’kmaw-owned Wskijnu’k Mtmo’taqnuow Agency. Read full story here: Regulator OKs Nova Scotia Power’s $354M…

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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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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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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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