9:35 pm - Saturday, January 25 2020
Home / News / Nova Scotia Power seeks approval for continued rate stability
DSC_6874_wm

Nova Scotia Power seeks approval for continued rate stability

**** NSP Media Release

NOVA SCOTIA POWER HAS APPLIED TO THE NOVA SCOTIA UTILITY AND REVIEW BOARD TO IMPLEMENT A THREE-YEAR
FUEL STABILITY PLAN THAT, IF APPROVED, WOULD HOLD AVERAGE FUEL RATE INCREASES For RESIDENTIAL CUSTOMERS TO 1.5 PERCENT IN 2020, 2021 AND 2022.

FOR THE AVERAGE HOUSEHOLD, THIS EQUATES TO ROUGHLY TWO DOLLARS PER MONTH. NOVA SCOTIA POWER PRESIDENT AND CEO KAREN HUTT SAID NOVA SCOTIA FAMILIES AND BUSINESSES WANT CONTINUED RATE STABILITY, WITH A CLEAR EMPHASIS ON MINIMIZING PRICE INCREASES, AND THAT NOVA SCOTIA POWER IS COMMITTED TO DELIVERING ON ITS CUSTOMERS’ EXPECTATIONS. RESIDENTIAL POWER RATES IN NOVA SCOTIA HAVE INCREASED BY LESS THAN INFLATION SINCE 2014.

THE UTILITY AND REVIEW BOARD HAS SCHEDULED A HEARING INTO NOVA SCOTIA POWER RATE APPLICATION FOR
OCTOBER, WITH A DECISION EXPECTED BEFORE THE END THE YEAR.

About Haligonia Editors

See news happening near you? Tell us. Click here to email our team.

 

The views and opinions expressed in this content are those of the author and do not necessarily reflect those of haligonia.ca.

You might also like...

FB_IMG_1579887118790

Forestry Contractors Financing Program Available Soon

**** PREMIER’S OFFICE Media Release Forestry Contractors Financing Program Available Soon —————————————————————...

20200124_114646

BTWIN Baby Seat 100 BCLIP for bicycles recalled due to a fall hazard

**** Recall via Health Canada BTWIN Baby Seat 100 BCLIP for bicycles recalled due to...