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ARTICLE · 25 JUNE 2018

Nova Scotia Regulator Approves Smart Meter Project

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The largest benefit forecasted for the project involves the reduction of meter reading and field work. NSPI estimates that the AMI will eliminate 99% of manual meter reading and 55% of other meter-related service...

CanadaEnergy and Natural Resources
David Stevens
David Stevens
David Mba
David Mba
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Almost a year after receiving Nova Scotia Power Incorporated's (NSPI) application, the Nova Scotia Utility and Review Board (UARB) has approved the $133.2 million Advanced Metering Infrastructure (AMI) project that is expected to see the installation of 500,000 digital smart meters in Nova Scotia by 2020.

NSPI's application indicates that the installation will not cost Nova Scotian customers any money in the long run. NSPI estimates that the overall cost of the project, $169.8 million (inclusive of capital and operating costs), will be offset by savings of $207.9 million that will result in a net benefit of $38.1 million.

The largest benefit forecasted for the project involves the reduction of meter reading and field work. NSPI estimates that the AMI will eliminate 99% of manual meter reading and 55% of other meter-related service order field work, which leads to a projected annual cost saving of $4.6 million.

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