Nova Scotia Power Rate Hike
This is a news story, published by Global News, that relates primarily to Nova Scotia news.
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Nova Scotia PowerGlobal News
•N.S. regulator greenlights 2.4% power rate hike; would be higher without bailout - Halifax | Globalnews.ca
72% Informative
Nova Scotia regulator approves 2.4 per cent power rate hike for 2025 .
Nova Scotia Power had to purchase fuel at a higher-than-normal price to provide electricity to its customers.
Ottawa offered utility a $500-million loan guarantee in September to reduce the costs of borrowing money to cover the added fuel charges.
VR Score
79
Informative language
82
Neutral language
59
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formal
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English
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60
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Time-value
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