Nova Scotia Premier Urges Energy Board to Reject Power Rate Hike Request

The Nova Scotia government is pressing the energy board to deny a rate increase requested by the province’s primary private utility, Nova Scotia Power. Premier Tim Houston, who oversees the Department of Energy, claims the utility has not sufficiently demonstrated that its proposed rate hike is justified.

Details of the Proposed Rate Increase

Nova Scotia Power is seeking an approximate eight percent increase in residential rates, projected for implementation by next year. If accepted, the rate hike would be implemented in two stages:

• The first increase of 3.8 percent retroactive to January 1, 2026.
• The second increase of 4.1 percent, effective January 1, 2027.

Financial Context Considerations

The Department of Energy’s submission emphasizes the importance of considering the current economic climate. Many Nova Scotians are experiencing financial strain, and the government reflects this sentiment in its opposition to the increase.

Political Response

Both the New Democratic Party (NDP) and the Liberal Party have voiced their opposition to the proposed increase. Representatives from both parties urged the energy board to reject the application during public hearings held earlier this month.

This political consensus underscores the broader concerns within the community regarding the rising cost of living and its impact on residents across Nova Scotia.