Electricity System More Accountable to Nova Scotians

Nova Scotia -

The Nova Scotia Utility and Review Board now has the authority to impose financial penalties on Nova Scotia Power for not meeting customer service standards.

Government proclaimed this last section of the Electricity Plan Implementation Act today, Nov. 16, as the board continues with the process of setting performance standards.

In 2015, Nova Scotia's electricity plan introduced performance standards for service reliability and storm response, and customer service.
     
"Nova Scotians told us they want Nova Scotia Power to be held more accountable and that they want the electricity system to work better for them," said Minister of Energy Michel Samson. "That's why performance standards were a cornerstone of our electricity plan and why we made sure penalties will be paid by Nova Scotia Power shareholders, not ratepayers."
        
Nova Scotia Power could face penalties of up to $1 million annually if it does not meet performance standards when they are in place. The penalty provision for reliability and storm response standards is already in force.

Predictable and stable power rates, and bringing innovation and competition into the electrical system are other commitments of Nova Scotia's electricity plan, Our Electricity Future.

Rates did not change for most Nova Scotians in 2015 and they went down in 2016. For the first time ever Nova Scotians will have stable rates, well under the rate of inflation, for the next three years. This has been achieved while Nova Scotia takes aggressive action on climate change.

Source: Nova Scotia Energy

Related News

uk-energy-industry-divided-over-free-electricity-debate

UK Energy Industry Divided Over Free Electricity Debate

LONDON - In recent months, the debate over free electricity in the UK has intensified, revealing a divide within the energy sector. With soaring energy prices and economic pressures impacting consumers, the discussion around providing free electricity has gained traction. However, the idea has sparked significant controversy among industry stakeholders, each with their own perspectives on the feasibility and implications of such a move.

The Context of Rising Energy Costs

The push for free electricity is rooted in the UK’s ongoing energy crisis, exacerbated by geopolitical tensions, supply chain disruptions, and the lingering effects of the COVID-19 pandemic. As energy…

READ MORE
electricity consumption graph

After rising for 100 years, electricity demand is flat. Utilities are freaking out.

READ MORE

france-price-fixing-probe

French Price-Fixing Probe: Schneider, Legrand, Rexel, and Sonepar Fined

READ MORE

Barakah nuclear power plant

Several Milestones Reached at Nuclear Power Projects Around the World

READ MORE

smart grid in china

Dewa in China to woo renewable energy firms

READ MORE