Game On - NS Electricity System Review Begins
January 20, 2014
By Michael Simms, at McInnes Cooper
On January 16, 2014 the NS Government announced the kick-off of its Electricity System Review:
Two Phase Review. The Government says the review will have two phases, and it will release a report summarizing the review’s consultation findings in Spring 2015:
- Phase 1 will consist of a technical review and expert analysis to evaluate factors that affect the NS electricity system and understand its economics in a local and regional context.
- Phase 2 will consist of public consultation on future electricity policy based on input from Nova Scotians and information from Phase 1.
The public can provide initial feedback on the review’s scope until February 7, 2014.
Electricity Reform Act. The Review is pursuant to the NS Electricity Reform Act. The NS Government passed the Act into law on December 12, 2013 but it only comes into force on the date it’s proclaimed – which hasn’t happened yet. The Act fundamentally changes the game in the NS electricity sector: it ends the monopoly of Nova Scotia Power Inc. and the municipal electric utilities over the retail electricity market in NS and allows licensed suppliers to sell renewable low-impact electricity directly to end-users. The Act requires the NS Government to complete public consultations within 12 months of the date the Act becomes law and to table a report respecting it to the NS Legislature. The Government says its target for the deregulation of the NS renewable electricity market is to take effect is 2015. Read McInnes Cooper’s December 2, 2013 article: NS Government Proposes a Game Changer In NS Power Market.
Read the NS Government’s press release on the Electricity System Review.
Please contact your McInnes Cooper lawyer or any member of our McInnes Cooper Electricity Team to discuss this topic or any other legal issue.
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