Topic:"Capital Expenditures" in M12456

REDACTED (CONFIDENTIAL INFORMATION REMOVED) CI C0074130 Robie Street Underground REDACTED September 2, 2025 a Scotia An Emera Company NSEB APP ROVAL SHEET Project Title: Robie Street Under CI Number: C0074130 Date: September 2, 2025 Expend...

AI summary This document contains a redacted portion of a regulatory proceeding related to the Robie Street Underground project by an Emera Company, NSEB APP, and ROVAL SHEET. It includes expenditure profiles, budget amounts, and project estimates for the years 2025 to 2027, with a total estimated cost of $4,465,119. The document was approved by the Nova Scotia Energy Board on August 28, 2025.

Summary of Related CIs +/- 2 years Pursuant to Section 11.2 of the CEJC, related CIs for Distribution projects include "work completed on the same asset class (Padmount transformers, Breakers, etc.) or in the same location (feeder, Transmi...

AI summary The document outlines the criteria for identifying related Capital Investments (CIs) for Distribution projects under Section 11.2 of the CEJC, focusing on asset classes and locations. No projects are listed for 2023 to 2027, and the depreciation class and estimated asset life are provided with a focus on the 'Requirement to Serve' sub-criteria.

Why do this project now? The QEII project is planning to invest in an underground supply for their hospital expansion between Jubilee Rd and Bell Rd. By leveraging the existing construction plan and proposed route of the hospital's new und...

AI summary The QEII project plans to install an underground power supply for a hospital expansion along Robie St, leveraging existing construction plans to reduce costs and avoid future traffic disruptions. This infrastructure will support new developments and future load growth, with the project expected to be energized in December 2026 and finalized in December 2027.

REDACTED CI C0074130 Page 3 of 11 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Description Unit Quantity Ur nit Estimate Tot tal Estimate Cost Support Reference Completed Si Projects (FF - Regular L - _ 10.555 Electrician PD 125 $ 388 48,55...

AI summary The document contains a table with various cost estimates for projects and services, including labor costs for electricians, project management, engineering, and power line technicians, as well as material costs for underground conductors, wood poles, and submersible switches. The table also includes contingency costs, administrative overhead, and a total estimated cost of $4,403,113.

Division : Energy Delivery Date : 28-Aug-25 Department : Distribution CI Number: C0074130 Project No. : Alternative After Tax WACC PV of Revenue Requirement PV of EVA / NPV Rank (based on PV of RR) IRR Disc Pay Α Underground 2025: NS Power...

AI summary The table presents different project alternatives with financial metrics such as after-tax WACC, PV of revenue requirement, PV of EVA/NPV, and IRR. The projects include underground infrastructure initiatives by NS Power and QEII, with rankings and financial performance indicators provided.

Project No. : Alternative After Tax WACC PV of Revenue Requirement PV of EVA / NPV Rank IRR Disc Pay A Underground 2025: NS Power + QEII 5.81% 3,657,851 -3,032,801 3 -8.62% 0.0 years B Underground 2027: NS Power 5.81% 4,427,665 -3,663,632...

AI summary The document presents a comparative analysis of different alternatives for an underground project, focusing on financial metrics such as After Tax WACC, PV of Revenue Requirement, PV of EVA/NPV, IRR, and Discounted Payback. The alternatives include Underground 2025: NS Power + QEII and Underground 2027: NS Power, with various variances on capital spend and avoided expenses. All alternatives show negative NPV and negative IRR, indicating poor financial viability.

Division : Date : Department : CI Number: Project No. : 28-Aug-25 C0074130 Energy Delivery Distribution Year Avoided Replacement Energy Costs 2025 2026 Avoided Unplanned Repair Costs 2025 2026 Total Annual Avoided Costs 2025 2026 Replaceme...

AI summary The document presents a table with zero values for avoided replacement energy costs, avoided unplanned repair costs, and total annual avoided costs for the years 2025 and 2026. It also includes a section on the total capital cost of an alternative, which is listed as $4,465,119 for the Underground 2027 project by NS Power.

Underground 2025: NS Power + QEII Avoided Applicable Year Total Revenue Operating Costs Expenses Capital CCA UCC CFBT Taxes CFAT PV of CF Discount Factor CNPV 2024 - - - - - - - - - - 1.00 - 2025 - - - (1,133,587.6) - - (1,133,587.6) - (1,...

AI summary The document presents a financial analysis table for the 'Underground 2025: NS Power + QEII' project, detailing capital expenditures, capital cost allowances (CCA), undepreciated capital cost (UCC), cash flow before taxes (CFBT), taxes, cash flow after taxes (CFAT), present value of cash flow (PV of CF), discount factors, and cumulative net present value (CNPV) from 2024 to 2037.

Underground 2027: NS Power Avoided Applicable Year Total Revenue Operating Costs Expenses Capital CCA UCC CFBT Taxes CFAT PV of CF Discount Factor CNPV 2024 - - - - - - - - - - 1.00 - 2025 - - - - - - - - - - 0.95 - 2026 - - - - - - - - -...

AI summary The document presents a financial table for NS Power's Underground 2027 project, detailing capital expenditures, CCA, UCC, CFBT, taxes, and CNPV across the years 2024 to 2038. The table shows negative cash flows and increasing discount factors over time, indicating the financial impact of the project.

QEII-DUCTBANK SERVICE COST SHARE SPLIT Date: July 25, 2025 Phase 1-Actualized / Work Complete Phase 2-Rough Order of Magnitude Budget (ROM) Contract Price Cost Share Solit Total Cost PCL/BNS Portion NSPI Portion % NSPI Portion PHASE 1-BELL...

AI summary This document outlines the cost share split for the QEII-DUCTBANK service project, detailing the responsibilities and contributions of PCL/BNS and NSPI for Phase 1 and Phase 2 of the project, including excavation, concrete work, and infrastructure installation.

NON-CONFIDENTIAL 1 Request IR-5: 2 3 Page 1 of the application states: "By leveraging existing construction and crew mobilization, 4 it is expected to result in savings of approximately $2 million compared to completing as a 5 standalone p...

AI summary NS Power estimates that leveraging existing construction and mobilization efforts with the QEII project would result in cost savings of approximately $2 million compared to completing the project as a standalone initiative. This estimate is based on shared costs and adjusted for inflation.

CI C0074130 – Robie Street Underground (NSEB M12456) NSPI Responses to NSEB Information Requests 1 Request IR-10: 14 (a) The total cost-shared contract amount of $ (included on page 8 of 10 of 15 Attachment 1 of the application under the t...

AI summary The text discusses NSPI's responses to NSEB information requests regarding the Robie Street Underground project, including cost allocations, contingency planning, and economic analysis models. It outlines how material and labour costs were separated and how the sensitivity analysis and capital cost estimates for alternatives were developed.

M12456 - Nova Scotia Power Inc. - CI C0074130 Robie Street Underground - $4,465,119 (P&A) The Board has reviewed Nova Scotia Power Inc.'s (NS Power) application dated September 2, 2025. NS Power requested Board approval for a capital expen...

AI summary Nova Scotia Power Inc. (NS Power) requested approval for a $4.465 million capital expenditure to install underground electrical infrastructure along Robie Street in Halifax. The project supports the QEII Halifax Infirmary Expansion Project and anticipated load growth from nearby developments. The Board approved the request, finding the project necessary, cost-effective, and beneficial for long-term reliability.

NSEB APPROVAL SHEET Project Title: Robie Street Underground CI Number: C0074130 Date: September 2, 2025 Expenditure Profile Type of Filing Year Budget Amount Project Estimate Capital Project Authorization X Unforeseen and Unbudgeted (U&U)...

AI summary The NSEB Approval Sheet outlines the Robie Street Underground project, detailing its expenditure profile, including budget amounts and project estimates for the years 2025 to 2027. The document includes approval signatures from Nova Scotia Power Incorporated and the Nova Scotia Energy Board.

September 2, 2025 Crystal Henwood Regulatory Affairs Officer/Clerk Nova Scotia Energy Board 1601 Lower Water Street, 3rd Floor P.O. Box 1692, Unit "M" Halifax, NS B3J 3S3 Re: Capital Items Filed Outside the Quarter Package Dear Ms. Henwood...

AI summary A document dated September 2, 2025, from an individual to Crystal Henwood, Regulatory Affairs Officer/Clerk at the Nova Scotia Energy Board, regarding the submission of capital items for review and approval outside the quarter package.

Planned & Advanced (P&A) Capital Items • CI C0074130 – Robie Street Underground – $4,465,119 $2,364 spent as at June 30, 2025 Partially Confidential

AI summary The document lists a planned and advanced capital item, CI C0074130, related to the Robie Street Underground project, with a total cost of $4,465,119 and $2,364 spent as of June 30, 2025. The item is partially confidential.

Request for Confidentiality Pursuant to Rule 12 of the Board Regulatory Rules, NS Power requests confidential treatment of certain portions of the material filed in support of the following Capital Work Order: 1. CI C0074130 – Robie Street...

AI summary NS Power is requesting confidential treatment for certain portions of the material filed in support of Capital Work Order CI C0074130 – Robie Street Underground, in accordance with Rule 12 of the Board Regulatory Rules.

Request IR-12: - With regards to the "Capital Project Detailed Cost Estimate" on page 3 of the application: - a) Please reconcile the noted "Materials" and "Contracts" costs with the project costs identified on page 8 of 10 of Attachment 1...

AI summary Request IR-12 asks NS Power to reconcile 'Materials' and 'Contracts' costs in the 'Capital Project Detailed Cost Estimate' with those on page 8 of Attachment 1, and to explain the 10% contingency applied to the completed Phase 1 (Bell Road and Jubilee Road) costs.

M12456 - Nova Scotia Power Inc. - CI C0074130 Robie Street Underground - $4,465,119 (P&A) The Board has reviewed Nova Scotia Power Inc.'s (NS Power) application dated September 2, 2025. NS Power requested Board approval for a capital expen...

AI summary Nova Scotia Power Inc. (NS Power) requested approval for a $4,465,119 capital expenditure to install underground electrical infrastructure along Robie Street in Halifax. The project supports the QEII Halifax Infirmary Expansion and anticipated load growth from nearby developments. The Board approved the request, citing necessity, cost savings from shared construction, and long-term reliability benefits.

NSEB APPROVAL SHEET Project Title: Robie Street Underground CI Number: C0074130 Date: September 2, 2025 Expenditure Profile Type of Filing Year Budget Amount Project Estimate Capital Project Authorization X Unforeseen and Unbudgeted (U&U)...

AI summary The NSEB Approval Sheet outlines the Robie Street Underground project, detailing its expenditure profile, budget amounts, and project estimates for the years 2025 to 2027. The document includes authorization for overspending and scope changes, with approvals from Nova Scotia Power Incorporated and the Nova Scotia Energy Board.