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Nova Scotia Premier Advocates Competition to Lower Electricity Rates

3/28/2026

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Story summary
  • Premier Tim Houston of Nova Scotia pushes to increase electricity-market competition to curb rates and improve Nova Scotia Power’s service.
  • The Nova Scotia Energy Board approved residential rate increases for 2026 and 2027.
  • He says more competition is essential and cites affordability measures such as rent subsidies and tax cuts.
  • A provincial program to break the electricity monopoly has seen limited success, with only one licensee developing a wind farm.