From CBC Nova Scotia:

Residential customers of Nova Scotia Power are on track for rate increases of 1.3 per cent in each of the next three years.

A decision released by the Nova Scotia Utility and Review Board on Tuesday clears the way for the increases, part of NSP's fuel stability plan as required by provincial legislation.

The rates come following a consensus agreement the utility signed last month with the province's consumer advocate, small business advocate, industrial group and municipal electric utilities. Although Port Hawkesbury Paper did not sign the agreement, the company does not oppose it.

For more see Nova Scotia power rate increases approved by UARB