Topic:"Asset Retirement Obligation" in M12898

NSPI Responses to Consumer Advocate Information Requests 1 work. Applying an average rate to total labour would not accurately reflect the D055 2 person hours. 3 4 (c) The primary costs and drivers of D055 are determined by asset condition...

AI summary NSPI explains that the primary costs of D055 are driven by asset condition data, customer notifications, and engineering assessments, noting an increase in high-priority deficiencies identified in 2024 and 2025. The company attributes the variance in spending to dynamic prioritization, where higher-priority work necessitated deferring lower-priority projects. Bin Work and Field Driven Work are described, with examples of asset replacements.

NON-CONFIDENTIAL 1 Request IR-30: 3 There is also a Condition Modifier factor based on known adverse conditions that are not covered 4 by the other five factors that can be scored by NS Power subject matter experts as either a 1 or 2, 5 de...

AI summary The document discusses the calculation of feeder condition scores based on factors like inspection, loading, and forestry, with a modifier for adverse conditions. It also addresses maintenance access as a modifying factor for feeder criticality, with no direct inclusion of asset condition in the criticality score.

NON-CONFIDENTIAL 1 Request IR-8: 2 3 (a) Please confirm whether any of the assets have been replaced prematurely. 4 5 (b) If so, please provide a list of those assets, remaining useful life cost, along with the 6 justification. 7 8 Respons...

AI summary The response to Request IR-8 indicates that assets under D055 have not been replaced prematurely and are only replaced when necessary due to risk. No additional information is provided as part of the response.

Request IR-8: - a) Please confirm whether any of the assets have been replaced prematurely. - b) If so, please provide a list of those assets, remaining useful life cost, along with the justification.

AI summary Request IR-8 asks whether any assets have been replaced prematurely and seeks a list of such assets, their remaining useful life cost, and the justification for replacement.

3.3.2 Feeder Inspection Findings and Bin Work Costs The primary assets requiring intervention in 2025 were deteriorated poles and transformers identified through feeder inspection activities. The volume of pole replacements completed under...

AI summary The text discusses increased Bin Work expenditures in 2025 due to a significant rise in the volume of pole and transformer replacements, driven by feeder inspection findings. The increase is attributed to higher work volumes and improved workforce capacity, rather than changes in work complexity.