Nova Scotia Power’s credit rating has taken another hit as the company and its customers await a decision on its rate application that could see ...
The Tufts Cove generating station in Dartmouth in September. - Tim Krochak / The Chronicle HeraldNova Scotia Power’s credit rating has taken another hit as the company and its customers await a decision on its rate application that could see residential ratepayers shelling out 14 per cent more for electricity over the next two years.
NSP’s short-term debt is obtained largely through its $500-million commercial paper program, a debt issued to investors in the short term with maturities of anywhere from a day to less than one year and which is lower in cost than borrowing on the company’s revolving corporate credit facility, the letter explained.
In late November, NSP struck an agreement with customer representatives, the intervenors in its general rate application first filed in January. “Although consumer group representatives reached the settlement agreement with NSP behind closed doors and without participation by the province, some of the terms exceed the recommendations experts retained by these same consumer group representatives.”
Dartmouth South MLA Susan Leblanc responds to the provincial government's climate crisis plan after an announcement in Dartmouth at the Centre for Ocean Ventures and Entrepreneurship in Dartmouth on Dec. 7 - .Ryan Taplin - The Chronicle Herald In its final submission to the board filed in mid-December, the NDP said the nature of NSP’s application was “radically changed” by the passage of Bill 212 by the Houston government.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Your need-to-know on new year celebrations for Truro, Nova Scotia | SaltWireThe new year is being welcomed with several activities lined up in the Truro area. | SaltWire
Read more »
SaltWire Today: Your online Halifax newscast | SaltWireHALIFAX, N.S. — ...
Read more »
Search for missing Nova Scotia fisherman suspended, RCMP to take over - Halifax | Globalnews.caRescuers began looking for the fisherman after Halifax's Joint Rescue Coordination Centre received a mayday at 8:21 a.m. Monday about a man overboard.
Read more »
Search suspended for Nova Scotia fisherman missing off Cape Sable IslandRescue crews were unable to locate the missing Nova Scotia fisherman. The file will be handed over to the RCMP to be treated as a missing person case
Read more »
Late March decision expected in appeal of Kings council approval of Canning, N.S., development | SaltWireICYMI The outcome of an appeal launched over a council decision to approve a controversial residential development agreement for Canning should be known by late March. | SaltWire
Read more »
Emergency crews searching for fisherman overboard off Cape Sable Island, N.S.Search continues for fisherman overboard off Nova Scotia
Read more »