Nova Scotia’s utility board approves Facility Association’s request for cost of capital provision

Nova Scotia’s Utility and Review Board has granted the Facility Association permission to modify its rates and risk-classification system for miscellaneous vehicles.
Miscellaneous vehicles include motorcycles, mopeds, and all-terrain and snow vehicles.
The Facility Association had applied to the board in August 2011 to amend its existing rates and risk-classification for miscellaneous vehicles to include a cost of capital provision in its rates.
“The Board, in its decision, granted Facility, subject to restrictions, the ability to include a Cost of Capital Provision in its rates,” a bulletin from the Nova Scotia Utility and Review Board says.