They're looking to increase residential rates 11.6 per cent by 2024.
The Tufts Cove power plant in Dartmouth works overtime in the February cold. - Eric WynneA lawyer representing the province challenged Nova Scotia Power executives Tuesday about the company’s transition from coal and its decarbonization efforts over the past 17 years.
“We were certainly supportive of provincial acquisition of renewable energy, windfarm developments,” Gregg said. Gregg responded by again referencing the equivalency agreement in place between the utility and the province for a 2040 elimination. The company has also asked the utility and review board, its regulator, to approve an increase in the range of its earnings from investments from the current range of 8.75 per cent to 9.25 per cent to a range of 8.5 to 9.5 per cent.
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