Nova Scotia Power issued 25 undertakings during the 2026 GRA hearing, covering rate design, depreciation methodology, cost of capital, and cybersecurity billing concerns, all due January 20, 2026.

M12451 · Nova Scotia Power Inc. - 2026 General Rate Application (GRA)

AI summary

The Board and intervenors issued 25 undertakings (U-1 through U-25C) to Nova Scotia Power Inc during the Hearing Procedures for Matter M12451, with all responses due January 20, 2026.
Several undertakings (U-3, U-5, U-6) require NSPI to update its Rate Design Cost-of-Service Study and stepwise RC ratio calculations, including scenarios reflecting changes to PHP 3CP demand (from 65MW to 8MW) and a 1.5 kW per-customer minimum system credit, as requested by the Industrial Group and the Board.
Undertakings U-7, U-8, U-11, and U-12 address Depreciation Amortization methodology, requiring NSPI to provide comparative analyses of the Average Life Group (ALG) and Equal Life Group (ELG) methods, including Gannett Fleming model outputs and earlier depreciation study versions covering Mersey, Wreck Cove, and Tusket hydro system decommissioning costs.
U-14 and U-16 relate to Return On Equity and capital structure, directing NSPI to update Concentric cost of capital models with current market data and to explain the treatment of preferred share dividends in regulated financial statements.
U-23 raises Cybersecurity and Billing Procedures concerns, requiring NSPI to explain how its pre-defined billing anomaly threshold functions and whether it was affected by a prior cybersecurity breach and recent high-billing complaints; two confidential undertakings (U-24C, U-25C) address Maritime Link energy accounting under the Board's M10431 decision.

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What was filed

Documents filed on this day

100588 Undertaking List other_documents