AI-generated summary
· Order · 09/02/2026
NSEB releases written Decision and formal Order for NS Power's 2026 ACE Plan, confirming $275.7 million in approvals, denying the RTU Deployment project, and issuing 15 binding directives
AI summary
- The September 2, 2026 Decision (2026 NSEB 19) and accompanying Board Order are now available, providing written reasons for the June 18, 2026 interim approval of Capital Expenditures totalling approximately $275.7 million ($68.4 million in discrete projects plus $207.3 million in routine capital), while formally denying CI C0080111 – 2026 RTU Deployment ($8.32 million) pending the Synapse Energy Economics final report in Matter M12558.
- The Board issued 15 directives to Nova Scotia Power Incorporated, including a new requirement to provide a rolling five-year cost and productivity breakdown for each Routine program beginning with the 2027 ACE Plan, a new scope-change notification letter process triggered when potential budget increases exceed twice the ATO threshold, and a rate impact analysis for 2028–2030 to be filed with the 2027 ACE Plan.
- On System Reliability, the Board expressed serious concern that SAIDI has missed the 4.29 performance target in every year from 2021–2025 despite substantial vegetation management and storm hardening spending, warning NS Power it 'should not assume that the project approvals this year will lead to similar approvals in years to come.'
- The Decision addresses the NS Power–Ieso Nova Scotia transition, noting a $365 million Synchronous Condenser project was effectively halted by a April 15, 2026 Ministerial letter directing the IESO to lead all such procurements; the Board directed NS Power to approach the IESO about participating in a joint panel on The Path to 2030 Update in the 2027 ACE Plan.
- On Cybersecurity, the Board directed that every capital application for IT or cyber-related projects filed in 2026, 2027, and 2028 must specifically reference whether any cost variance was caused or contributed to by the April 2025 cyber incident, and confirmed that cyber restoration costs were borne by insurers or shareholders rather than ratepayers.
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What was filed
Documents filed on this day
- 103410 Decision
- 103411 Board Order
- 103410 Decision
- 103411 Board Order