{"id":62183,"date":"2026-02-06T20:10:07","date_gmt":"2026-02-07T00:10:07","guid":{"rendered":"https:\/\/thelaker.ca\/?p=62183"},"modified":"2026-02-06T20:10:07","modified_gmt":"2026-02-07T00:10:07","slug":"province-maintains-position-on-n-s-powers-rate-request","status":"publish","type":"post","link":"https:\/\/staging-z.thelaker.ca\/?p=62183","title":{"rendered":"Province maintains position on N.S. Power’s rate request"},"content":{"rendered":"\n
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HALIFAX:<\/strong> The province continues to urge the Nova Scotia Energy Board to reject the residential electricity rate increase proposed by Nova Scotia Power for 2026\u201327.<\/p>\n\n\n\n

The utility submitted its response to closing statements by intervenors on February 6. Nothing in this submission changes the province\u2019s position.<\/p>\n\n\n\n

\u201cElectricity is a basic necessity and people in Nova Scotia are already struggling to pay their bills,\u201d said Premier Tim Houston. <\/p>\n\n\n\n

\u201cThis out\u2011of\u2011touch request for a residential rate increase should be denied. Nova Scotia Power needs to prioritize improving its performance and rebuilding public confidence.\u201d<\/p>\n\n\n\n

ADVERTISEMENT:<\/strong><\/p>\n\n\n\n

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In its closing statement on January 30, the province said the utility has not demonstrated that the residential rate increase is \u201cjust and reasonable\u201d under the Public Utilities Act and encouraged the board to take a number of actions, including:<\/p>\n\n\n\n

– set the utility\u2019s return on equity at 7.6 per cent to reduce pressure on ratepayers<\/p>\n\n\n\n

– treat securitization as unproven unless there is clear benefit to ratepayers<\/p>\n\n\n\n

– conduct a transparent review on how assets are valued<\/p>\n\n\n\n

– question the need for 507 additional full\u2011time equivalent positions in 2026

\u201cThe energy board\u2019s role is to make sure power rates are fair and reasonable,\u201d said Premier Houston. <\/p>\n\n\n\n

\u201cOur position is straightforward: before Nova Scotians are asked to pay more, the utility needs to show better performance and greater transparency.\u201d

Additional Resources:
<\/strong>Submissions to the Nova Scotia Energy Board on this matter are available by searching Matter M12451 at: https:\/\/uarb.novascotia.ca\/fmi\/webd\/UARB15<\/a> <\/p>\n\n\n\n

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HALIFAX: The province continues to urge the Nova Scotia Energy Board to reject the residential electricity rate increase proposed by Nova Scotia Power for 2026\u201327. The utility submitted its response to closing statements by intervenors on February 6. Nothing in this submission changes the province\u2019s position. \u201cElectricity is a basic necessity and people in Nova […]<\/p>\n","protected":false},"author":2,"featured_media":26386,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,957],"tags":[260,1077,4336,1453,10277,2517],"class_list":["post-62183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-news","tag-n-s-power","tag-nova-scotia","tag-nova-scotia-power","tag-nsp","tag-power-rate-request","tag-premier-tim-houston"],"_links":{"self":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts\/62183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62183"}],"version-history":[{"count":0,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts\/62183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/media\/26386"}],"wp:attachment":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}