03/25/2026
Provincial regulators have approved Nova Scotia Power's request for rate increases. Rates will increase by 3.8% in 2026 and 4.1% in 2027 (roughly 8% total).
Regulators approved the hike with reductions. Including $8 million annually in expenses and $1.8 million in fuel costs. NS Power must also cut executive pay and scrap the smart meter opt-out fee.
The rate request comes after the spring 2025 cyberattack that disrupted billing systems and exposed customer data.
