AI-generated summary
· Order · 10/20/2025
NSERB issues Amended Hearing Order and Board Counsel consultant files 41 information requests in NS Power's 2026 General Rate Application proceeding.
AI summary
- The Nova Scotia Energy Board issued an Amended Hearing Order (Exhibit 99704) on October 20, 2025, scheduling the Nova Scotia Power Incorporated Hearing Procedures public hearing to commence January 7, 2026, at Summit Place, Halifax, running through January 16, 2026 if necessary; the evening session originally slated for January 8 is cancelled per the Amended Notice of Hearing (Exhibit 99705).
- The Amended Notice confirms NS Power seeks Rate Design increases of 3.8% (2026) and 4.1% (2027) for domestic customers, while large industrial and medium industrial customers would see decreases of up to 6.9% and 6.4% respectively in 2026; the Fuel Cost Adjustment Base Cost of Fuel is proposed at $927.3 million (2026) and $850.9 million (2027).
- Key application proposals include maintaining Return On Equity at 9.0% with an 8.75%–9.25% earnings band and 40% common equity ratio; a coal-asset securitization with the Province that could save up to $90 million over 2026–2027; and interim Depreciation Amortization deferral at WACC if securitization is not completed by January 1, 2026.
- Board Counsel Consultant Emrydia Consulting Corporation filed 41 information requests (Exhibit 99706, IR-1 to IR-41) directed primarily to Gannett Fleming (NS Power's depreciation study consultant) and NS Power, seeking granular asset-level data, Iowa curve analyses, reserve imbalance reconciliations, Average Life Group and Equal Life Group recalculations, and full documentation on the Decarbonization Deferral Account and planned securitization.
- The proceeding timetable sets IR responses due November 5, 2025; intervenor evidence due December 2, 2025; leave requests for further IRs or rebuttal evidence due December 9, 2025; and opening statements on January 5, 2026.
Disclaimer: This summary was generated by AI from the filings it describes. We take care to make it accurate, but errors are possible - and it isn't advice. Only the filings themselves are the record: if you're relying on something here, confirm it against the source documents or the Nova Scotia Energy Board's own record. Full disclaimer →
What was filed
Documents filed on this day
- 99704 Amended Hearing Order
- 99705 Amended Notice of Public Hearing
- 99704 Amended Hearing Order
- 99705 Amended Notice of Public Hearing
- 99706 ECC (NSPI) IR-1 to IR-41