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N.S. Tories noncommittal on 2024 pledge to cap power rate hikes to national average

Nova Scotia Power proposes an 8.1% residential rate increase amid government uncertainty on capping hikes as opposition parties highlight affordability concerns.

  • On Jan. 6, 2026, Nova Scotia's Progressive Conservative government declined to confirm if capping rates to the national average remains under consideration, despite Premier Tim Houston's 2024 campaign promise.
  • After absorbing fuel costs in 2024, the government absorbed $117 million and secured a $500-million federal government loan that averted a 19 per cent hike, shaping current Nova Scotia Power rate debates.
  • Opposition parties argued `After campaigning on a promise to prevent these huge increases, the Houston government has failed to take action to ensure Nova Scotians can afford their power bills`, Iain Rankin said in an interview Tuesday.
  • A Nova Scotia Energy Board hearing begins Wednesday in downtown Halifax and could continue until Jan. 16, with Department of Energy representatives and opposition leaders set to appear.
  • Nova Scotia Power argues the hikes fund a $1.3-billion plan to strengthen the grid and improve storm response, generating $180 million over two years and potentially affecting credit ratings, Morrison Park Advisors warned.
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15 Articles

NiagaraFallsReview.caNiagaraFallsReview.ca
+3 Reposted by 3 other sources
Lean Left

Nova Scotia Power wants to hike residential rates, premier says utility out of touch

HALIFAX - A provincial energy board hearing on Nova Scotia Power’s application to raise residential electricity rates begins today.

·Niagara Falls, Canada
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Winnipeg Free PressWinnipeg Free Press
+7 Reposted by 7 other sources
Center

N.S. Tories noncommittal on 2024 pledge to cap power rate hikes to national average

Breaking News, Sports, Manitoba, Canada

·Winnipeg, Canada
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Winnipeg Free Press broke the news in Winnipeg, Canada on Tuesday, January 6, 2026.
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