Tag: Utility

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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Three Ways Blockchain Could Kill the Old-School Utility Model | Bloomberg Quint

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(Bloomberg) — If utilities think rooftop solar panels and batteries are bad for business, blockchain should scare the bejeezus out of them. That’s because in addition to helping more people slapl panels on their rooftops — which eats into power sales and taxes grids — the distributed, digital ledger that’s proliferated across industries can also be used to trade electricity without a utility even knowing it. Imagine your neighbor with a solar panel directly selling you cheap power to charge your Tesla. Sure, there are some utilities that see the…

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