NS Power update on reducing cost for customers

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Nova Scotia power workers work on a Barrington street pole in this undated file photo.

Nova Scotia Power is focused on reducing costs for its customers, with the goal of minimizing cost pressure on electricity rates in 2015 and in the future, the company stated in a release today. 

Presently, NS Power is in the middle of a two-year Rate Stabilization Plan, which was negotiated with customer representatives and approved by the Nova Scotia Utility and Review Board (UARB) in 2012. The agreement required that $27.5 million be taken out of Nova Scotia Power’s cost structure. 

“We have an obligation to look at every option to further reduce costs for our customers, whether that’s in our capital program, our day-to-day operations, or our fuel purchases,” said Bob Hanf, President and CEO of Nova Scotia Power. “We are reviewing every part of Nova Scotia Power to make sure our customers are getting the best value for their dollar.” 

As part of this process, NS Power is investigating outsourcing opportunities. The company is asking outside vendors whether they could supply certain services at a lower cost structure than NS Power is currently able to provide, including operations and maintenance at the Tufts Cove generating station, maintenance at other power plants, some line work, and meter reading. Decisions on whether outsourcing any of these services could reduce costs for customers will be made by early next year. 

“We will undertake a full and rigorous process, including discussions with our employees and the union that represents some of our employees, before any final decision is made,” Hanf said. 

Nova Scotia Power has previously contracted out functions including: line work, tree trimming, boiler and turbine work, information technology, printing services, billing services, coal handling, and various aspects of capital construction and infrastructure maintenance. 

Approximately 80 positions have been eliminated in Nova Scotia Power this year through retirements, not filling vacancies, and layoffs. There are approximately 1,530 regular, full-time employees at Nova Scotia Power. NS Power has

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Recent comments

  • Valerie
    October 22, 2013 - 06:23

    Do you really think laying off 250 employees is going to help the situation? The shaving of the budget needs to start at the top overpaid management level. It seems to me this is an attempt to break up a union and put 250 hard working employees out of work.

  • Jean Sanord
    October 19, 2013 - 13:58

    What about the rebate that NSP should provide to its customers when they overcharged us for fuel purchases of 22 million dollars...where is my check?

    • johnny smoke
      October 20, 2013 - 20:45

      Have you checked your mail box recently? I got mine-only kidding-

  • Terry G.
    October 18, 2013 - 14:41

    Other Provinces have services where solar power roof panels are provided to households at no cost to the home owner. The solar panels generate enough power for the needs of the house with surplus power returned to the grid. Why don't we have this service here?

    • foghorn leghorn
      October 19, 2013 - 09:15

      Hey Terry G, What make belief province gives solar roof panels away? Fraggle Rock? What do u do when there is rain for 2 weeks and no sun? Get a free trip to Florida until the sun comes around again?

    • Johny Mac
      October 22, 2013 - 12:00

      @ foghorn When there’s no sun you would use power from the grid, When there is sun any excess power goes to the grid. You pay for any power taken off the grid, get a credit for any power given to the grid ... it’s not a hard concept and makes sense. I don't think NS power should be giving these away but should be promoting the concept for sure.

  • Terry G.
    October 18, 2013 - 14:39

    Other Provinces have services where solar power roof panels are provided to households at no cost to the home owner. The solar panels generate enough power for the needs of the house with surplus power returned to the grid. Why don't we have this service here?