NS Power receives a return from Prime Minister after the proposed rate increase

Electricity Rates in Nova Scotia Set to Increase Despite Prime Minister’s Opposition
The Prime Minister of Nova Scotia has expressed his concerns over the proposed increase in electricity rates in the province, stating that it comes at a time when the utility should be focusing on rebuilding trust with its customers.
Recently, Nova Scotia Power announced a deal with customer representatives that would see power rates rise by an average of 2.1 percent in 2026 and again in 2027. For residential customers, the increase would be 4.1 percent each year. These rates are subject to approval by the Independent Nova Energy Board (NSEB).
In response to the news, Prime Minister Tim Houston criticized Nova Scotia Power for seeking a rate hike so soon after a major data breach that exposed sensitive information of current and former customers. The utility has offered credit monitoring for five years to those affected by the breach.
“This is not the time for a rate increase. Nova Scotia Power should be focusing on rebuilding trust with Nova Scotians,” said Prime Minister Houston in a statement.
Despite the opposition, Nova Scotia Power plans to submit its rate application to the NSEB later this month. The utility has emphasized the need to balance affordability for customers while continuing to invest in infrastructure to ensure reliable service.
Customer representatives, including consumer advocates and small business lawyers, were involved in the negotiations with Nova Scotia Power. The utility expressed appreciation for their input in finding a balance between affordability and necessary investments.
It remains to be seen how the NSEB will respond to Nova Scotia Power’s rate application, but the issue has sparked a debate over the utility’s priorities and the impact on consumers in the province.