Advertisement

Delays in construction at Muskrat Falls impacting power bills in Nova Scotia

The construction site of the hydroelectric facility at Muskrat Falls, Newfoundland and Labrador is seen on July 14, 2015.
The construction site of the hydroelectric facility at Muskrat Falls, Newfoundland and Labrador is seen on July 14, 2015. Andrew Vaughan/ The Canadian Press

Nova Scotia Power customers will be getting some money back over the next three years as a result of construction delays at the Nalcor-owned Muskrat Falls generating station in Newfoundland and Labrador.

The Nova Scotia Utility and Review Board has given NSP Maritime Link 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.

READ MORE: Muskrat Falls hydro project price tag rises by another billion: CEO

For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.

Get breaking National news

For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.

The interim assessment, released Monday, is for $109.5 million in 2018 and $111.5 million in 2019.

The amounts are already being collected from Nova Scotia customers as part of a three-year rate stability plan for 2017-2019.

WATCH: Muskrat Falls won’t be sold to Quebec: Newfoundland Premier

Click to play video: 'Muskrat Falls won’t be sold to Quebec: Newfoundland Premier'
Muskrat Falls won’t be sold to Quebec: Newfoundland Premier

However, the board ruled that $105 million in costs should not be recovered yet, and as a result, ratepayers should receive an annual credit on their power bills over the next three years.

Story continues below advertisement

The Maritime Link is expected to be complete by the end of this year, on time and on budget, but power from Muskrat Falls isn’t expected to flow until 2020 at the earliest.

Sponsored content

AdChoices