Nova Scotia Power updates NSEB on Renewable to Retail tariff development and defers time-variable pricing to 2028 framework review

M12551 · Nova Scotia Power Inc. - 2026 Annually Adjusted Rates (AARs)

AI summary

NS Power provided REI with three additional years (2021–2023) of historical hourly marginal cost data on July 16, 2026, consistent with 2024–2025 data shared April 17, 2026; REI is still evaluating whether a monthly marginal cost with true-up methodology is warranted for Fuel Cost Adjustment under the EBS Tariff.
NS Power opposes introducing Rate Design time-variable pricing (TVP) in the 2027 AAR Application, arguing customer operational data will be insufficient until at least late 2026 when REI customers begin service; TVP consideration is proposed for the end-of-2028 review in proceeding M13008.
Implementation costs from M12588 and deferred costs from M06214 will be recovered through existing EBS and Standby Service tariff administrative charge frameworks over a 10-year amortization period, subject to confirmation that financing costs are recovered at NS Power's Rates And Money weighted average cost of capital; costs incurred before the Board's 2027 AAR decision will be tracked in a deferral account.
On July 31, 2026, NS Power filed the RtR Market Element Updates Application (M13008) jointly with REI, proposing revisions to the SS Tariff, EBS Tariff, Distribution Tariff, and Licensed Retail Supplier Terms and Conditions, and establishing a new Distribution-connected Aggregation Service (DAS) Tariff (M13008, Exhibit N-1, p. 2–4).
Large Industrial Interruptible (LIIR) tariff revisions will not be filed separately; NS Power and REI intend to have these addressed within M13008 to promote regulatory efficiency and avoid piecemeal tariff amendments.

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What was filed

Documents filed on this day

103379 Letter from NSPI re Update on RtR Tariffs other_documents