Source-linked briefing Business

Nova Scotia Power Seeks $1B Refinancing That Could Lift Bills Further

Nova Scotia Power Seeks $1B Refinancing That Could Lift Bills Further

Nova Scotia Power plans to refinance nearly $1 billion in assets under a proposal that could add to an already approved electricity rate hike next year. Regulators and consumers are watching closely amid concerns over affordability and reliability.

Original headline

Power bills in Nova Scotia may spike as utility looks to refinance $1B in assets