Topic:"2025 Ace Plan" in M12594

Reason for Variance The decrease of $354,387 from the approved budget in the 2018 ACE Plan of $2,032,393 is primarily due to a design change that allowed the transformer to be relocated away from the power plant building, thereby eliminati...

AI summary The decrease of $354,387 from the 2018 ACE Plan budget is due to a design change that eliminated the need for a fire suppression system. NS Power acknowledges delays in the FIN application and outlines steps to improve future submissions. Environmental remediation and a 2025 cyber incident also contributed to the delay.

The Board has reviewed Nova Scotia Power Inc.'s (NS Power) letter dated December 1, 2025, requesting approval of the following final cost work order: Approved Amount Final Cost Variance CI 52314 1C-GT1 and 1C-UT1 Transformer Replacement $2...

AI summary The Board has reviewed Nova Scotia Power Inc.'s (NS Power) request for approval of a final cost work order for a transformer replacement project. The approved amount was $2,032,393, but the final cost was $1,678,006, resulting in a variance of $354,387. The project was originally approved in the 2018 ACE Plan.

2025 ACE Plan Capital Items for Subsequent Approval • CI C0053699 – Renewable to Retail Implementation - $5,644,468 2025 ACE amount $5,062,652 $4,635,351 spent as at September 30, 2025 Technical setup work and business process updates have...

AI summary The 2025 ACE Plan includes two capital items requiring subsequent approval: the Renewable to Retail Implementation and the HYD Lower Great Brook Stoplog Replacement. Both have incurred costs as of September 30, 2025, with the former nearing completion and the latter partially confidential.

2024 ACE Plan Capital Items for Subsequent Approval • CI C0032664 – Energy Control Centre – Optimization Tools - $7,486,068 2024 ACE amount $4,329,150 $1,776,697 spent as at September 30, 2025 Non-Confidential

AI summary The document outlines a capital item under the 2024 ACE Plan for the Energy Control Centre – Optimization Tools, with a total cost of $7,486,068, and details the amount spent as of September 30, 2025.

The Board has reviewed Nova Scotia Power Inc.'s (NS Power) letter dated December 1, 2025, requesting approval of the following final cost work order: Approved Amount Final Cost Variance CI 52314 1C-GT1 and 1C-UT1 Transformer Replacement $2...

AI summary Nova Scotia Power Inc. (NS Power) has requested approval for a final cost work order related to the replacement of transformers at 1C-GT1 and 1C-UT1, with a final cost lower than the approved amount by approximately $354,387. This capital item was originally approved in the 2018 ACE Plan.