Delays in construction at Muskrat Falls impacting power bills in Nova Scotia
HALIFAX — Nova Scotia Power customers will be getting some money back over the next three years as a result of the delays in completing the Nalcor-owned Muskrat Falls generating station in Newfoundland and Labrador.
The Nova Scotia Utility and Review Board has given NSP Maritime Link Inc., a subsidiary of Emera Inc., approval to charge Nova Scotia Power and its customers for costs related to the construction of the Maritime Link — the transmission system to get the power from Muskrat Falls.
The Maritime Link is expected to be complete by the end of this year, on time and on budget, however power from Muskrat Falls isn’t expected to flow until 2020 at the earliest.
The review board’s interim assessment, released Monday, is for $109.5 million in 2018 and $111.5 million in 2019. The amounts are already being collected from customers in Nova Scotia as part of a three-year rate stability plan for 2017-2019.