AI-generated summary
· Application · 08/13/2026
NSEB Board Staff issue second set of information requests to Nova Scotia Power probing 2025 cybersecurity incident costs and regulated financial statement adjustments
AI summary
- Board Staff issued IRs 13–19 (Document 332420, filed August 13, 2026) to Nova Scotia Power Incorporated in Matter M12835, with responses due September 3, 2026.
- IRs 13–16 focus extensively on the 2025 Cybersecurity incident, seeking confirmation of costs recorded in regulated statements, a breakdown by cost category and account number, insurance recovery amounts, indirect costs (premiums, legal, staffing, customer notification), and accounting/regulatory treatment.
- IR-15 asks NSPI to explain changes to its Chart of Accounts (Attachment 7), including whether any new accounts or cost centers were created specifically to record cybersecurity incident costs.
- IR-17 and IR-18 target broader Accounting Policies transparency, requesting a reconciliation of operating expenses between audited and regulated statements, details on unregulated retained earnings items (including customer credit monitoring and manual meter reading costs), and a breakdown of unregulated compensation for 2023–2025.
- IR-19 requests a breakdown of accounts payable by major category and an explanation of the increase from 2024, signalling Board Staff scrutiny of Operating Expenses and balance sheet movements.
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What was filed
Documents filed on this day
- 103196 NSEB (NSPI) IR-13 to IR-19