Topic:"Asset Retirement Obligation" in M12833

NON-CONFIDENTIAL 1 TABLE OF CONTENTS 1 (1) A continuity schedule of amounts reclassified to the DDA for each unit/plant for the year ended 2 December 31, including the beginning balance of the DDA for each asset, any amounts transferred 3...

AI summary The document outlines requirements for NS Power to provide detailed schedules related to the Decarbonization Deferral Account (DDA), including continuity schedules, unrecovered net book value, decommissioning costs, and updates on forecast retirement dates and amortization plans.

Unrecovered Cost for DDA Assets at December 31, 2025 ($ Millions) Unrecovered Forecast Total Unrecovered Unit/Plant Remaining NBV Decommissioning Costs Dec. 31, 2025 Point Aconi 356.1 25.7 381.8 Trenton 5 91.2 - 91.2 Trenton 6 152.0 - 152....

AI summary The table outlines the unrecovered costs for DDA assets at December 31, 2025, and 2029, including remaining net book value, decommissioning costs, and deferred financing costs for various units and plants.

NON-CONFIDENTIAL 1 Remaining NBV at December 31, 2025. Please refer to Appendix B(1) for the detailed 2 calculations. 3 2. The unrecovered forecast decommissioning costs are calculated as the difference between the Forecast Decommissioning...

AI summary The text discusses the remaining Net Book Value (NBV) at the end of 2025 and the calculation of unrecovered forecast decommissioning costs by 2029, referencing appendices for detailed calculations.

8 Plant Forecast Retirement Date (End of) Forecast Decommissioning Costs (Inflation Adj.) Cumulative Accretion Unrecovered Forecast Decommissioning Costs Point Aconi 2029 35.5 11.5 24.0 PTMT 2029 9.0 4.7 4.3 INP 2029 19.7 - 19.7 Trenton 20...

AI summary The table provides a forecast of plant retirement dates and decommissioning costs for various facilities, including cumulative accretion and unrecovered costs. The data includes Aconi, PTMT, INP, and Trenton, with total decommissioning costs estimated at $107.5 million.

10 11 3. No. Provided the scope of the securitization transaction remained the unrecovered NBV of 12 assets expected to be within the scope of the DDA as of December 31, 2025, there would 13 be no change in the forecast unrecovered balance...

AI summary The text discusses the scope of a securitization transaction, specifically focusing on the unrecovered Net Book Value (NBV) of 12 assets expected to be within the scope of the DDA by December 31, 2025, and notes that this would not change the forecast unrecovered balance by December 31, 2029.

Background On April 30, 2026, Nova Scotia Power Inc. ("NS Power") filed its Decarbonization Deferral Account 2025 Annual Report (the "Report") with the Nova Scotia Energy Board (the "Board"). The Decarbonization Deferral Account, or DDA, w...

AI summary NS Power submitted its DDA 2025 Annual Report to the Board, detailing $784 million in unrecovered costs for retiring thermal assets by 2030. NS Power proposed securitization of coal plant costs in its 2026-2027 GRA, but this has not occurred due to lack of legislative authorization.