Nova Scotia Power is pushing the Utility and Review Board to allow it to charge ratepayers for an estimated $93 million in capital costs, its share of building the 102-megawatt South Canoe wind project in Lunenburg County. Nova Scotia Power will also be asking the regulator to approve $23 million in transmission and system upgrades needed for the wind farm.
A group of six developers, whose bids were rejected by the administrator, were required to include their construction costs in the price for the electricity over a 20-year contract. Although Nova Scotia Power was allowed to participate in the process, it doesn’t believe it has the same construction costs restrictions.
No other applicant, including the utility’s partners in South Canoe, could apply to have their construction costs picked up by ratepayers.
If there is a delay in the construction of the South Canoe wind farm, Nova Scotia Power would fine itself for not delivering wind-generated electricity from South Canoe by the Jan. 1, 2015, deadline. Nova Scotia Power would take $7,497 per day from the ratepayer's pocket and put it into their own.
IF YOU ARE AGAINST NS POWER USING RATEPAYER'S MONEY TO INVEST IN THE SOUTH CANOE WIND FARM, PLEASE SIGN HERE
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