Emera Inc. Subsidiary Nova Scotia Power Reaches Settlement Agreement on General Rate Application, Including Fuel and Non-fuel Rates for 2023 and 2024
Retrieved on:
Thursday, November 24, 2022
Alternative Energy, Energy, Utilities, Oil, Gas, Investment, Toronto Stock Exchange, Inc., Carbon, Barbados Stock Exchange, DSM, Nova Scotia Power, Georgian Industrial Group, Environment, News, Energy demand management, Risk, Nova Scotia Utility and Review Board, TSX, Weather, Small business, FAM, Nova, The Bahamas, GRA, NS, Dalhousie University, Industrial group, SEDAR, Electricity, Bahamas Securities Exchange, EMA, Pharmaceutical industry, Risk management, Emera, TECO Energy
Emera Inc. (TSX: EMA) and its wholly-owned subsidiary Nova Scotia Power (NS Power) announced today that NS Power has filed a proposed settlement agreement for its 2022-2024 General Rate Application (GRA) with the Nova Scotia Utility and Review Board (UARB).
Key Points:
- Emera Inc. (TSX: EMA) and its wholly-owned subsidiary Nova Scotia Power (NS Power) announced today that NS Power has filed a proposed settlement agreement for its 2022-2024 General Rate Application (GRA) with the Nova Scotia Utility and Review Board (UARB).
- If approved by the UARB, the settlement will implement Bill 212, the provincially legislated cap on non-fuel rates for 2023 and 2024.
- Nova Scotia Power Inc. is a wholly-owned subsidiary of Emera Inc. (TSX-EMA), a diversified energy and services company.
- Nova Scotia Power provides 95% of the generation, transmission and distribution of electrical power to approximately 540,000 residential, commercial and industrial customers across Nova Scotia.