Nova Scotia Power seeking to overturn $10M fine
Nova Scotia Power is appealing a $10-million fine for allegedly failing to hit its renewable electricity standards.
The power utility is asking the Nova Scotia Utility and Review Board to overturn the fine from the province, which was issued in 2023.
The Department of Energy says it fined Nova Scotia Power $10 million for failing to meet the Renewable Electricity Standards from 2020 to 2022.
'We need to green our grid so it's important that the Renewable Electricity Standards are met – and that Nova Scotia Power is held accountable if they are not,' an emailed statement from the department reads. 'The fine comes from shareholders, not ratepayers.'
According to the Renewable Electricity Regulations, the Renewable Electricity Standard for 2020 required the utility to supply customers with renewable energy that was equal or greater to 40 per cent of the total amount of supplied electricity.
The public hearing for the appeal started on Monday and could continue into Friday if necessary.
For more Nova Scotia news, visit our dedicated provincial page
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