Board Decision

This document is a Board Decision from the Nova Scotia Energy Board (NSEB) regulatory matter concerning NSP Maritime Link Incorporated's application for approval of its 2026 revenue requirement and cost assessment. It covers the Board's approval of the revenue requirement and cost assessment with a reduced return on equity, compliance filing requirements, the status of the Long-Term Asset Management Plan (LTAMP), operating and maintenance costs, capital structure revisions, and discussions on the fair return standard for utilities, including differing expert analyses on return on equity and capital cost recovery.