5th Session, 61st General Assembly
Nova Scotia
62 Elizabeth II, 2013
Chuck Porter
Hants West
First Reading: April 16, 2013
Second Reading:
Third Reading:
Be it enacted by the Governor and Assembly as follows:
1 This Act may be cited as the Ratepayer Fairness Act.
2 Chapter 380 of the Revised Statutes, 1989, the Public Utilities Act, is amended by adding immediately after Section 45 the following Section:
(a) results in a return on common equity that is fair to electricity ratepayers;
(ii) the risk-free rates of return yielded by Government of Canada long-term bonds;
(d) takes into account a separate fuel-adjustment mechanism.
(2) The Board shall not consider the results of a settlement conference or an agreement reached by an electric public utility's stakeholders in establishing an allowable return on common equity for the utility.