Halifax Water has applied for a 16.2 per cent increase in residential bills because it is facing “significant” operating deficits due to inflation, depleted reserve funds and aging infrastructure.
According to the municipally-owned utility, the application to the Nova Scotia Regulatory and Appeals Board (NSRAB) is asking for a 16.2 per cent increase in average residential bills in 2025/26 and a 17.6 per cent increase in 2026/27.
Halifax Water estimates the average annual bill will increase by $148.01 in 2025/26 and $186.56 in 2026/27.
Operating deficits are projected to be $18.7 million for 2024/25 and $34.1 million for 2025/26, Halifax Water said in a Monday news release.
“We understand that requests for rate increases come at a time when many households are already feeling the pinch of rising costs, but it is unavoidable,” said Kenda MacKenzie, general manager and CEO of Halifax Water, in the release.
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“Operating as a not-for-profit, …