(Aug. 12/14) More than 1,200 small businesses in Nova Scotia, including many restaurants, can save up to $580 a year on their electricity bills because of a change in tariffs. The Nova Scotia Utility and Review Board (NSUARB) recently approved this change, after Restaurants Canada and other business associations showed concern over the switch to demand electrical meters.
Under the new agreement, small businesses using between 32,000 and 45,000 kWh of electricity will get to choose between the General and Small General Tariff. Businesses can switch rate classes twice every two years, but are locked in for six months after changing classes.
The changes take effect on Nov. 1, 2014. More information on the program will soon be made available by Restaurants Canada and Nova Scotia Power.