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Nova Scotia Power Averts Large Rate Hike with Federal Government Support

Sep 26, 2024 | Regional News

Central Nova MP Sean Fraser says a large rate hike by Nova Scotia Power has been warded off, with an intervention from the federal government.

Nova Scotia Power photo

Fraser says the utility was looking at an increase of 19 per cent because of cost overuns due to delivery delays of Muskrat Falls electricity.  Fraser says as a result, the utility had buy other energy at a higher cost, and NSP was looking a rate hike to recoup that.

In a filing to the Utility and Review Board on Wednesday, NSP confirms that without the loan, the average rate hike would be 19.2 per cent. However,  with the bailout, next year’s average increase would be 2.4 per cent

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Price of Diesel Rises for the Second Day in a Row

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For the second day in a row, there's been a sharp rise in the price of diesel. Once again, the Nova Scotia Energy Board invoked the Interrupter Clause to raise diesel by 10.6 cents a litre. On Tuesday, diesel jumped by 6.3 cents a litre. The price for a litre of...

Canadian Radio Awards: 989 XFM Small Market Station of The Year

Broadcast Dialogue has announced the winners of the inaugural Canadian Radio Awards, which we’ve dubbed “The Howards” after our publisher emeritus Howard Christensen.

When Howard, a radio veteran and one of the original Broadcast News anchors, founded Broadcast Dialogue in 1992, he saw a need for both timely delivery of Canadian broadcast industry news, but also recognized the importance of creating a sense of community.

989 XFM is very proud to be the winner of the 2020 Station of Year – Small Market award.