NSP

NSP suspends plan to charge ratepayers $18M for dam cost overruns

NSP suspends plan to charge ratepayers $18M for dam cost overruns

Nova Scotia Power has suspended its application to charge ratepayers $18 million for cost overruns on an ill-fated hydro dam as water migration at the construction site persists. The utility said it is not clear yet what impact continued water infiltration will have on the replacement of the small dam at Tusket near Yarmouth. Unexpected water seepage has already doubled the cost to $36 million and pushed the project three years behind schedule.