The Premier of Nova Scotia, Tim Houston, has expressed strong criticism against the province's electric utility, Nova Scotia Power, stating that it is "out of touch" with the needs of its customers. His remarks come in the wake of the utility's announcement regarding plans to increase power rates.

On a recent Tuesday, Nova Scotia Power revealed that it had reached an agreement with customer representatives that would result in a power rate hike across various customer classes. According to the plan, power rates are set to increase by an average of 2.1 percent in both 2026 and 2027. For residential customers specifically, the increase is slated to be more pronounced, rising by 4.1 percent in each of those years. However, these proposed rate increases still require approval from the independent Nova Scotia Energy Board (NSEB), which was previously known as the Utility and Review Board.

In a statement released by Nova Scotia Power, the utility emphasized that the rate increase settlement is the fruit of collaborative discussions with customer representatives. The company highlighted the importance of balancing affordability for customers while still making necessary investments in the electrical grid, thereby ensuring reliable service. The representatives included various stakeholders such as the Consumer Advocate, Small Business Advocate, Industrial Group, and local commissions from Berwick, Riverport, Mahone Bay, and Antigonish, as well as Port Hawkesbury Paper.

Responding swiftly to the news, Premier Houston conveyed his discontent regarding the timing of the proposed rate increases. He pointed out that Nova Scotia Power should not be seeking to raise rates, particularly after being involved in one of the largest data breaches in the province's history, which has left many residents feeling betrayed. Houston's statement called for Nova Scotia Power to "withdraw or significantly reduce their application," underscoring that the current climate does not warrant an increase in electricity costs for residents of Nova Scotia.

In addition, Nova Scotia Power has indicated that it plans to file its rate application with the NSEB later in September, furthering the discussion regarding the adjustments in power rates that could impact consumers across the province.