Topic:"Affordability" in M12696

1 Q46. SINCE THE LIL COMMISSIONING IN APRIL OF 2023 HAVE NSPI'S 2 CUSTOMERS BEEN HARMED BY UNDER DELIVERIES OF THE NS BLOCK? 3 A46. No, they have not. For the Compliance Period, Nova Scotians have received approximately 4 170% of the contr...

AI summary NSPI customers have not been harmed by under deliveries of the NS Block since the LIL commissioning in April 2023. Customers received 170% of contractual volumes, and the Maritime Link provided economic value exceeding $90 million annually. No financial harm was incurred, and Muskrat Falls assets are expected to deliver increasing benefits.

NSPML Responses to Consumer Advocate Information Requests 1 2 3 4 5 accordance with the 30-day outage coordination period previously established by the system operators for outages affecting the delivery of the NS Block, including planned...

AI summary The document contains a request from the Consumer Advocate to NSPML regarding the distribution of a retained holdback and the recovery of an additional $1.1 million in 'updated WACC consideration.' The request also inquires about the delay in applying for a review of the holdback mechanism and its impact on intergenerational equity.

PARTIALLY CONFIDENTIAL traditional oversight of holding NSPML and NS Power responsible for management of its assets and the associated agreements with NLH. NSPML believes it is important to acknowledge that 100 percent of the holdback disa...

AI summary NSPML argues that holdback disallowances stem from counterparty performance, not their own, and emphasizes alignment with the Lower Churchill Project's goals, including renewable energy offsetting fossil fuels and capacity enabling plant closures. They assert the Board did not expect perfectly level energy deliveries.

NSPML Responses to Small Business Advocate Information Requests

AI summary NSPML provided responses to information requests from the Small Business Advocate, addressing regulatory compliance, cost structures, and program impacts. Key themes include affordability, cost recovery, and stakeholder engagement in regulatory proceedings.

11 - 13 Q. For the four months in which deliveries were below threshold, did NSPML claim - 14 that the deficiencies were explained by "good utility practice" and/or "exceptional - 15 circumstances?" 48 NSPML Application, page 10 lines 12 t...

AI summary NSPML claims that deficiencies in NS Block volumes during four months were due to 'good utility practice' and 'exceptional circumstances,' specifically citing a planned LIL outage in July 2023 and other factors related to the LIL's performance, not Muskrat Falls or the Maritime Link.

22 Request IR-4: 3 11 19 21 27 30 33 36 43 23 On p. 6 of Exhibit N-1, NSPML requests that in addition to distributing $15.4 million in retained 24 holdback (see Appendix B), the Board also require that NS Power distribute $1.1 Million in 2...

AI summary NSPML requests the Board to distribute $1.1 million in 'updated WACC consideration' alongside retained holdback funds, but inconsistencies exist in their exhibit. The Board is asked to confirm the request, identify justification, explain the two-year delay in reviewing the holdback mechanism, and assess intergenerational equity impacts.

1. Please refer to Exhibit N-1, page 11 lines 15-16 and footnote 11, and Appendixes A and C. 2. Please confirm that NSPML has not included Supplemental Block volumes from the “Make-up Balance” and “Make-up Balance (%)” columns in Appendix...

AI summary The text consists of a series of requests for information related to the inclusion of Supplemental Block volumes in Appendix A and Appendix C, the availability and performance of the Maritime Link, and references to specific exhibits and board matters. These requests are part of a regulatory proceeding involving Nova Scotia Power (NSPML) and the Nova Scotia Utility and Review Board (NSUARB).

ACC is paid to the utility when customers owe money. Should the Board agree with NSPML's request in this Application, the $15.3 million should have been paid to NSPML in 2024 and 2025.[14](#page-3-6) Although the Board has previously allow...

AI summary The document discusses a request by NSPML for ACC payments, with a recommendation by Mr. Wilson to adjust the carrying charge due to a 21-month delay in the application. The CA supports this recommendation, and the Consumer Advocate submits their comments to the Board.

d to pay for replacement cost energy would be paid over to NSPML. This holdback mechanism will continue in each and every month during 2022 and then will be reviewed by the Board in January of 2023. [32] The fact that today's customers are...

AI summary The document discusses the holdback mechanism implemented by Nova Scotia Power Maritime Link (NSPML) to address intergenerational equity concerns related to the Maritime Link project. The holdback is intended to ensure that current customers contribute to the replacement cost of energy, with the mechanism being reviewed by the Board in 2023. The Board believes this approach will not jeopardize NSPML's ability to service its federal loan-guaranteed debt.

y attributable to ML underperformance, to also be required to compensate NSPML with interest on Holdback funds that accumulated because of NSPML's self-inflicted inaction in bringing this Application. It is further worth noting that NSPML...

AI summary The document discusses NSPML's failure to act promptly on the Holdback application, resulting in the accumulation of Holdback funds. It notes that NSPML retained legal counsel in 2024, but the delay was attributed to other priorities. The Board previously allowed WACC on released Holdback funds, but this applies to regulatory delays, not those caused by the party's own inaction.

- tower designs. The icing in March / April 2024 was approximately four times greater than prior icing in the same region. - That the Haldar Report does not question the prudence of the initial engineering design of the NLH transmission st...

AI summary NSPML submits that the conditions to end the Holdback have been met, citing that owed energy fell below the 10 percent threshold in March 2024 and that the Labrador Island Link was commissioned in April 2023. The company argues that post-commissioning work is standard practice and does not indicate poor performance. The Consumer Advocate and Bates White support ending the holdback, while the Small Business Advocate defers to the Board on relief for months below the 90 percent delivery threshold.