Nova Scotia Power - in The News

In The News

In 2012 Nova Scotia Power (NSP) was the subject of an audit commissioned by the Utility and Review Board, and conducted by Liberty Consulting Group. This audit alleges that NSP overcharged its customers to the tune of $22 million dollars because it paid too much for fuel over a two-year period. In August 2012 a hearing was held to determine if NSP could keep blacked out sections of the audit secret. The matter has been put on hold until later this year. The current Premier of Nova Scotia, Darrell Dexter, has said that customers of NSP will get their money returned if the review board determines that it was not spent properly.

This is not the first instance of public dissatisfaction with NSP. Over the past 10 years the power rates have perpetually increased to the point where some estimates suggest that they are the highest in Canada. The continued rate hikes have caused public outcry and calls for the government to intervene on behalf of the people. The most vocal cry is for the company to once again fall under the control of the Nova Scotia government. With an election in the future some parties have stated that they will address the matter if elected.

Read more about this topic:  Nova Scotia Power

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