Bill 263: Performance-based Regulation Review Act

This bill primarily affects Nova Scotia Power Incorporated, the province's main electricity utility, as the direct subject of the regulatory review. However, the outcomes will touch virtually every electricity customer in Nova Scotia — from residential households to commercial businesses and industrial operators — since the new framework will shape how electricity rates, service quality, and reliability are regulated going forward. Small businesses and large industrial users will have a voice through dedicated advocates appointed to the proceeding. Third-party energy suppliers and aggregators who offer grid services or participate in procurement processes may also see new opportunities or obligations depending on the metrics the Board ultimately recommends.