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N.S. premier asks energy board to reject Nova Scotia Power rate hike
Summary
The Nova Scotia government has asked the provincial energy board to reject Nova Scotia Power's proposed residential rate increase, saying the company did not prove the hike is just and reasonable.
Content
The provincial government, led by Premier Tim Houston, has submitted that the Nova Scotia Utility and Review Board should reject a proposed rate increase from Nova Scotia Power. The Department of Energy argues the utility did not demonstrate the requested increase is just and reasonable. Opposition NDP and Liberal parties also called during recent hearings for the board to deny the application.
Key details:
- The government submission says the company failed to prove the increase is just and reasonable.
- Nova Scotia Power has proposed residential rate increases totaling about eight per cent over the coming year.
- Public hearings took place earlier in the month and the energy board's decision is pending.
Summary:
The government's challenge adds a formal objection to the board's review and highlights public and political concern about the proposed increase. Undetermined at this time.
