Power Rates in Nova Scotia: A comparison of rates across Canada and around the world
It’s no secret—Nova Scotian’s love to complain the about the cost of electricity almost as much as they love to talk about the weather! Recently, there has been growing concern about high power bills. This has prompting many to wonder why, without much thought about how our rates compare to those in other parts of Canada, let alone the world. With power rates in the province being a frequent topic of discussion, it’s important to take a closer look at how Nova Scotia’s rates stack up against both Canadian averages and global figures. Understanding these comparisons helps to clarify why power rates are what they are, and what factors contribute to the cost of electricity in our region.
Let’s start by taking a look at how power rates in Nova Scotia compare to the rest of the country.
How Do Rates Compare Across Canada?
Power rates in Canada vary significantly depending on the province or territory, with distinct regional factors influencing the cost of electricity. In 2023, Nova Scotia’s average rate was 18.3 cents per kWh, which is below the national average of 19.2 cents per kWh. However, when we look deeper into the rates across Canada, some provinces have much higher or lower rates due to their unique energy resources and infrastructure.
For example, Quebec enjoys the lowest rates in Canada, at just 7.8 cents per kWh, largely due to its abundant hydroelectric power resources. Hydroelectricity is one of the most cost-effective ways to generate electricity, and Quebec has invested heavily in this sector, allowing for some of the lowest energy prices in the country.
This chart shows the average cost of power (2023) across Canada by province/territory. (Source: Energy Hub (2024); Statista (2024))
On the other hand, provinces like Alberta face higher rates, with an average cost of 25.8 cents per kWh. This can be attributed to the province's reliance on fossil fuels, including natural gas and coal, for power generation. These sources of energy are more expensive and less environmentally friendly than hydroelectric power, which impacts the price consumers pay.
In Nunavut and the Northwest Territories, rates are significantly higher due to the logistical challenges of providing electricity to remote areas. In 2023, power rates in Nunavut reached 35.4 cents per kWh, and in the Northwest Territories, they hit 41.0 cents per kWh. These high costs reflect the added expenses of transportation, maintenance, and the use of more expensive energy sources in isolated communities.
If we exclude the extreme outliers of Nunavut and the Northwest Territories, the average cost of power in Canada drops to around 16.0 cents per kWh, which is much closer to Nova Scotia’s rate. This demonstrates that, while Nova Scotia’s rates may seem high to some residents, they are actually quite competitive when compared to the broader Canadian landscape.
To take it one step further, let’s explore how Nova Scotia—and Canada—compare on the world stage of electricity prices!
How Do Rates Compare Around the World?
Looking beyond our borders, Nova Scotia’s electricity rates remain relatively affordable from a global scale.
Around the world, power rates differ dramatically based on local energy sources, government policies, and infrastructure. In 2024, Nova Scotia’s average rate of 18.3 cents per kWh was well below the global average of 27.3 cents per kWh, which includes rates from 29 countries worldwide, including Canada.
In Europe, power rates tend to be among the highest, driven by a combination of renewable energy investments, taxes, and the cost of importing fossil fuels. Ireland, for instance, leads the pack at 63.5 cents per kWh. Italy, Belgium, the United Kingdom, and Germany (who are tied a third highest!) follow closely behind. Their rates come in around 55-60 cents per kWh. The high costs in these countries are often attributed to their aggressive transition to renewable energy, reliance on imported energy, and the introduction of carbon taxes designed to reduce greenhouse gas emissions. While these taxes are beneficial for the environment, they add to the overall cost of electricity for consumers.
This chart shows the average cost of power (2024) around the world in comparison to Nova Scotia and Canada. (Source: Energy Hub (2024); Statista (2024))
The United States, a major North American player, has an average rate of 21.6 cents per kWh in 2024, which is higher than Nova Scotia’s but still lower than the global average. In comparison, Mexico has relatively low rates at 14.9 cents per kWh, similar to Nova Scotia’s cost, while Brazil, with its growing economy, faces rates of 20.3 cents per kWh.
Other countries that fall within a similar range to Nova Scotia include Norway, which has an average rate of 18.9 cents per kWh, just slightly higher than Nova Scotia’s rate, but lower than Canada’s average. Norway benefits from abundant hydropower, much like Quebec, but it has higher costs due to investment in the energy sector and policies surrounding energy production.
On the opposite end of the spectrum, countries like Nigeria have incredibly low rates of just 2.7 cents per kWh. These low costs are often reflective of limited electricity infrastructure, unreliable service, and a reliance on heavily subsidized power generation, but they remain one of the most affordable places for electricity in the world.
Overall, when comparing power rates globally, Nova Scotia fares relatively well, with electricity costs that are lower than many European countries and in line with other parts of North America. However, the provincial monopoly and perceived lack of competition contribute to the frustration felt by residents, even though rates are on par with many other regions worldwide.
Why Are Power Bills in Nova Scotia So High, Then?
Despite Nova Scotia's relatively reasonable rates compared to both national and global averages, many locals still feel that their power bills are too high. One key factor contributing to this sentiment is the fact that power generation in Nova Scotia is produced by a private company with a monopoly on electricity generation in the province. This creates a sense of frustration, particularly when there is little competition to drive prices down.
Adding to the complexity is the province’s aging infrastructure, rising costs related to climate change, and the need for continual investments in renewable energy. Further, many people felt a greater disconnect between the power provider and consumers during the peak of the COVID-19 pandemic, when historic dividends were paid to shareholders while Nova Scotians struggled financially. This perception of unfairness—combined with rate hikes and the growing cost of living—has fueled public discontent and heightened concerns about the affordability of power.
What Can You Do to Reduce Your Energy Usage?
Although we have little control over the rates set in Nova Scotia, we can take steps to reduce our personal electricity consumption. Small changes can add up over time, helping you save money on your energy bills and reduce your carbon footprint. Here are some practical tips* for using less energy:
1. Unplug Devices When Not in Use
Many electronic devices consume power even when they’re turned off—a phenomenon known as "vampire power" or standby power. To avoid unnecessary energy consumption, it's a good idea to unplug items such as phone chargers, televisions, and kitchen appliances when they’re not in use. By doing so, you can reduce your overall energy usage and lower your electricity bill without making significant changes to your lifestyle.
2. Turn Off Lights and Electronics
Make it a habit to turn off lights when leaving a room, as this simple action can help reduce your energy consumption. Additionally, powering down electronics such as computers, TVs, and game consoles when they’re not in use is another effective way to cut down on unnecessary energy usage. These small changes can add up over time, making a noticeable difference in both your energy bills and environmental impact.
3. Be Mindful of Air Conditioning and Heating
Air conditioners and heat pumps can be major energy drains. Use them sparingly, and consider using fans or opening windows for ventilation when possible.
Set your thermostat to an energy-efficient temperature, especially during extreme heat or cold.
4. Invest in Energy-Efficient Appliances
Air conditioners and heat pumps can be major energy drains, so it’s important to use them sparingly. Whenever possible, consider using fans or opening windows for natural ventilation to keep cool. Additionally, setting your thermostat to an energy-efficient temperature—particularly during extreme heat or cold—can help reduce your energy consumption and keep your bills in check. Small adjustments like these can make a significant impact over time.
If you’d like to take longer-term action that has wider benefits, consider using vegetation, such as trees, to create more shade. This action will take some patience to reap the benefits, but it does help with natural cooling that doesn’t require the cost of electronics. However, if you choose this option, make sure to stay clear of power lines, and don’t plant too close to your house. This can help to prevent damage during significant wind storms, such as hurricanes, or wildfires.
5. Reduce Screen Time and Tech Usage
We often underestimate how much electricity is used by our constant use of smartphones, tablets, televisions, and laptops. Reducing screen time can help lower your energy bill and give you more time to enjoy activities that don’t need electricity. Whether it's reading a book, going for a walk, or playing a board game, finding alternatives to screen time can benefit both your wallet and your well-being.
And speaking of taking a break from screens, many of these screen-free activities provide an opportunity to socialize with friends or family! Why not involve those closest to you in some good ‘ol fashion fun while reducing your energy consumption together!
*Recognizing that everyone is facing different realities, this list was not intended to make light of the rising costs of basic necessities, including the cost of electricity—especially amid the beginning stages of a global trade war, of which, once again, our must vulnerable populations are at great risk of the most devastating of consequences.
When it comes to power rates in Nova Scotia, it’s clear that the province’s rates are competitive both within Canada and on the global stage. While the monopoly held by Nova Scotia Power, alongside rising costs and infrastructure needs, has contributed to public frustration, there are steps we can take to reduce our personal energy consumption. From turning off unused devices to adopting energy-efficient technologies, every action counts. Ultimately, staying informed and advocating for responsible policy changes can help ensure that electricity remains affordable and sustainable for everyone in Nova Scotia.
