N-1Affiliate Code of Conduct 2025 Report - Redacted
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1 Figure 1: Comparison of Transactions Between NS Power and NSPEMI in 2025 Category NS Power Provided to NSPEMI, $ NSPEMI Provided to NS Power, $ Goods & Services (Contracted Amounts) Rentals Labour & Expenses Corporate Transactions Manage...
AI summary The text discusses the year-over-year comparison of transactions between NS Power and NSPEMI in 2025. It highlights an increase in natural gas sales by NSPEMI to NS Power and an increase in M&A services provided by NS Power to NSPEMI. It also mentions a decrease in purchases of natural gas and electricity by NSPEMI for NS Power compared to 2024.
1 3.0 OVERVIEW OF TRANSACTIONS WITH NSPML 2 3 In 2025, NS Power provided services to NSPML valued at $ million (compared to $ million 4 in 2024; a decrease of $0.1 million). There was $184.9 million worth of transactions in which NS 5 Powe...
AI summary In 2025, NS Power provided services to NSPML valued at a decrease of $0.1 million compared to 2024. NS Power received $184.9 million in services from NSPML, an increase of $509.1 million from 2024, mainly due to a one-time refund of $485.9 million from a federal loan guarantee. The Maritime Link assessment in 2025 was $158.2 million, excluding the FLG2, and $12.3 million lower than the Board-approved amount due to financing cost reductions and adjustments.
2025 Affiliate Code of Conduct Report Appendix B Page 2 of 3 Corporate Objective Targets Weighting (%) Result Approved Payout (%) Deliver value for customers and improve reliability. Threshold: Develop customer experience training content...
AI summary The 2025 Affiliate Code of Conduct Report Appendix B outlines a corporate objective focused on delivering value for customers and improving reliability. It includes targets such as developing customer experience training, engaging stakeholders, optimizing work scheduling, and achieving a 75% reliability customer satisfaction score by 2025.
Appendix C 2025 Utility Performance Report Category Measure 2025 2024 2023 Notes the CAM. Each M&A Service is allocated individually as specified in section 14.0 of Feb-25 3267654 Nova Scotia Limited (Terminal Road) 5112 9S-10-R 9S M & A S...
AI summary The text presents a portion of the 2025 Utility Performance Report, detailing various transactions and allocations related to M&A services, including sales and purchases with pricing exceptions and references to the Cost Allocation Manual (CAM). Notes mention sublease rates and specific sections of the CAM.
(Y/N) Reference Period Company InterCo ID Tag Pricing Exception Line Description Amount Purchase/Sale FMV/FAC/Pricing Exception Explanation Aug-25 Tampa Electric 6P-80 6P TECO Audit charges Labour ($1,556) Purchase FAC Sep-25 Tampa Electri...
AI summary The document outlines various financial transactions and adjustments made by companies such as Tampa Electric and Emera Inc. during specific periods, including audit charges, incentive payouts, and corporate allocations. These transactions are categorized under Fair and Appropriate Cost (FAC) and include details on non-regulated adjustments and affiliate transactions.
Date Nova Scotia Power Energy Marketing Inc. (NSPEMI) Jan-25 Nova Scotia Power Energy Marketing Inc. (INSPEMI) 1S-25 1S NG Sale Sale Pricing Exception NSEB approved Pricing Exception (M08911). Transactions between NSP and NSPEMI use a flow...
AI summary The document outlines the approval by the Nova Scotia Energy Board (NSEB) of a Pricing Exception (M08911) for transactions between Nova Scotia Power (NSP) and Nova Scotia Power Energy Marketing Inc. (NSPEMI). These transactions use a flow-through pricing protocol based on the market price NSPEMI charges or pays, as outlined in the Cost Allocation Manual (CAM).
Appendix 10(b): NSPI 2025 Statistical Allocator M&A Group Statistical Allocator January Allocator February Allocator March Allocator April Allocator May Allocator June Allocator July Allocator August Allocator September Allocator October A...
AI summary The document provides a statistical allocator table for NSPI 2025, showing the distribution of Full Time Equivalent (FTE) and other metrics across various departments and groups, such as Total Rewards, Enterprise Risk Management, and Corporate Health and Wellness, with percentages for each month.
2025 Affiliate Code of Conduct Report Appendix H Page 20 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Code Sections NS Power Employee Guidance Code Sections (d) NS Power's FAC costs plus, if applicable, the price charged by a third-pa...
AI summary This section of the 2025 Affiliate Code of Conduct Report discusses NS Power's FAC costs and potential third-party supplier pricing in relation to code sections. It outlines guidance provided to NS Power employees regarding these costs.