Overview
- Regulators approved an amended general rate increase for Nova Scotia Power that trims some of the utility’s proposed costs.
- Final customer rates will be confirmed after a compliance filing that implements the board’s changes.
- Nova Scotia Power had sought about an eight percent increase over two years, including residential hikes of 3.8% in 2026 and 4.1% in 2027.
- The board said some increases are necessary but ordered reductions that are expected to leave residential bills rising by slightly less than first requested.
- The utility cited higher operating costs, grid upgrades, growing demand, and the move away from coal, while the provincial government urged rejection and called for tighter oversight.