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This rate is the standard price residential customers pay for their energy use in their home. It is a flat rate throughout the day, all year round and changes based on your energy power use.
We are regulated by the Nova Scotia Energy Board—they are responsible for ensuring customers receive power at fair rates. The Nova Scotia Energy Board uses a “cost of service” method which ensures that rates are set at a level that will allow us to recover costs plus a reasonable profit. Without a reasonable return, investors would not be willing to invest in the utility.
A full breakdown of how rates are set by the Nova Scotia Energy Board can be found on their website.
Residential and business customers have two charges on their bills: a base charge and an energy rate. The base charge is a set charge for the cost of delivering and maintaining electricity service. The energy charge is the price per kWh of energy used, which changes based on energy use habits for that period. The energy charge includes costs associated with the fuel used to make electricity and energy efficiency programs.
The visual above is for demonstrative purposes only based on the standard residential rate (domestic service tariff). The monthly base charge would be additional.
FUEL (Fuel Adjustment Mechanism - FAM)
The cost of fuel and purchased power we require to serve customers and meet their electricity needs. This includes many forms of fuel like oil, coal, and biomass, as well as purchased power, including from hydro and wind facilities, as well as imported electricity. Learn more about fuel-related costs.
OPERATIONAL COSTS & INVESTMENTS (Non-Fuel)
The cost to invest in and maintain assets, such as generation facilities (making of power) and transmission and distribution infrastructure (delivery of power). Examples include our power plants, fleet trucks, and poles and wires.
ENERGY EFFICIENCY PROGRAMS (Demand Side Management Cost Recovery Rider - DSM)
The cost of delivering energy efficiency programs that encourage cost savings for customers. Learn more about Energy Efficiency Programs.
We offer different rate plans to provide you with options to suit your energy usage preferences and lifestyle. Click the links below to find the best rate plan for you and your family.
This equipment-based rate plan is available for our customers with electric thermal storage heating systems, including electric thermal storage room units, furnaces and in-floor heating systems.
Shift to save! Shift your weekly energy usage in the winter to save on your annual power bill by unlocking summer savings.
Beat the peak - Save money by shifting your energy use away from periods of peak demand for electricity.