Credit Coming To NS Power Customers

Posted on Monday, September 11, 2017 11:20 AM

Nova Scotia Power customers will be getting refund.

The Nova Scotia Utility and Review Board ruled because of delays getting the Muskrat Falls power project up and running, the utility must reimburse Nova Scotians for some charges that are already built into their power bills.

$52.5 million in project depreciation costs and financing expenses that were due to be paid in each of 2018 and 2019 will instead be returned to customers over the next three years in the form of a credit.

Customers will see the first applied to their bills by April 30, 2018.

Delays have set back completion of the Muskrat Falls generating station in Newfoundland and Labrador until at least 2020.