Energy poverty in the spotlight during N.B. Power rate hearings

N.B. Power is proposing a 50% increase in energy rates over six years, a move that raised concerns about energy poverty during public rate hearings. Stakeholders, led by the Human Development Council's executive director, pressed executives on the social and affordability impacts, signalling potential political and regulatory pushback and heightened scrutiny of consumer cost exposure.

Analysis

N.B. Power is proposing a 50% increase in energy rates over six years, a move that raised concerns about energy poverty during public rate hearings. Stakeholders, led by the Human Development Council's executive director, pressed executives on the social and affordability impacts, signalling potential political and regulatory pushback and heightened scrutiny of consumer cost exposure.