Government of Nova Scotia
Economic Development
Business Climate Index

2002

Electricity Cost Index

Electricity cost index measures the Mining and Manufacturing (M&M) average price per kilowatt-hour (Statistics Canada, 1999).

Issue:
  • Electricity costs in Nova Scotia are high but stable.
Action to be taken:
  • Within the framework of the Nova Scotia Energy Strategy "Seizing the Opportunity":

    • Encourage the implementation of three-phase power. Three-phase power will reduce the overall operating cost of generating power by industry.

    • Develop a strategy to maintain a stable power rate structure in the province.

    • Examine partial deregulation of the electricity distribution industry and alternative energy resources.
Outcome:
  • Competitively priced and available power in Nova Scotia will make it a more competitive place to do business.
Action taken by:


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    Updates:

    • April 2003