EDF Energy puts up power bills
EDF said it reviewed regional electricity prices in response to recent increases in the cost of distribution and transmission. The price rise will affect 37 per cent of its electricity customers, and works out to an average of £10.82 a year extra per household. Customers on fixed-price deals and those with gas supplied by EDF will not be affected.
EDF claimed the move "better aligned" regional prices and followed a 16 per cent increase in transmission costs since its last price rise in March last year.
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Nova Scotia regulator approves 14% electricity rate hike, defying premier
HALIFAX - Nova Scotia regulators approved a 14 per cent electricity rate hike on Thursday, defying calls by Premier Tim Houston to reject the increase.
Rates will rise on average by 6.9 per cent each year in 2023 and 2024.
The Nova Scotia Utility and Review Board (UARB) issued a 203-page decision ratifying most of the elements in a settlement agreement reached between Nova Scotia Power and customer groups after Houston's government legislated a rate, spending and profit cap on the utility in November.
The board said approval was in the public interest and the increase is "reasonable and appropriate."
"The board cannot simply…
