Topic:"Capital Expenditures" in M13016

NSEB APPROVAL SHEET Project Title: 101S and 79N Reactor Replacements CI Number: C0059046 Date: August 4, 2026 Expenditure Profile Type of Filing Year Budget Amount Project Estimate Capital Project Authorization 2023 857 866 Unforeseen and...

AI summary The NSEB Approval Sheet outlines the expenditure profile and type of filing for the 101S and 79N Reactor Replacements project. It includes budget amounts, project estimates, and various types of approvals such as Unforeseen and Unbudgeted, Subsequent Approval Item, and Authorization to Overspend.

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

AI summary The document outlines related Capital Investment (CI) projects for Transmission under the CEJC, focusing on work completed on similar asset classes or locations. No other related projects are scheduled from 2022 to 2026. The depreciation class is identified as Transmission Plant – Station Equipment.

Reason for Variance - FIN The decrease of $632,853 compared to the approved 2024 ACE Plan budget of $1,460,062 is due to cost minimization opportunities identified during detailed design to reduce project costs while still achieving all pr...

AI summary The project's budget decreased by $632,853 due to cost-saving measures like reusing existing reactor pedestals and using smaller reactors than initially estimated. These savings were partially offset by higher crane and relocation costs and an external insulation study. The project was completed in December 2024, with the final cost date set for August 2026 to allow for financial reconciliation after a cyber event.

Please refer to the variance sheet for additional detail. C0059046 - 101S and 79N Reactor Replacements Account Approved FIN Submission Variance Reason for Variance Other Income - Salvage (398) (398) Regular Labour $ 54,360 $ 19,780 (34,580...

AI summary The document outlines variances in costs for the reactor replacement project C0059046, including reductions in labour and materials due to the reuse of reactor pedestals and the procurement of smaller reactors, as well as increases in contract and consulting costs.

The Board has reviewed Nova Scotia Power Inc.'s (NS Power) letter dated August 4, 2026, requesting approval of the following final cost work order: Approved Amount Revised Cost Variance CI C0059046 Replacements - 101S and 79N Reactor $1,46...

AI summary The Board has reviewed NS Power's request for approval of a final cost work order related to a capital item originally approved in the 2024 Annual Capital Expenditure Plan. The approved amount, revised cost, and variance are provided in a table.

The Board understands that the reduction of $632,853 from the approved budget is primarily attributable to design changes that allowed existing reactor pedestals and infrastructure to be reused eliminating the need for new pedestal fabrica...

AI summary The Board acknowledges a $632,853 reduction in the approved budget for a project due to design changes and lower reactor costs. However, it notes the late submission of the Final Invoice (FIN) and emphasizes the need for timely submissions. The Board approves the final cost of $827,209.

NSEB APPROVAL SHEET 101S and 79N Reactor Replacements Project Title: CI Number: C0059046 Date: August 4, 2026 Expenditure Profile Type of Filing Year Budget Amount Project Estimate Capital Project Authorization 2023 2024 2025 2026 857 - 1,...

AI summary The document outlines the expenditure profile for the 101S and 79N Reactor Replacements Project, including budget amounts, project estimates, and authorization types for various years. It also includes a total expenditure figure and mentions the Final Invoice (FIN) as a filing type.

August 4, 2026 Crystal Henwood Clerk of the Board Nova Scotia Energy Board 1601 Lower Water Street, 3rd Floor Halifax, NS B3J 3S3 Re: Second Quarter 2026 Capital Items and Reports Dear Ms. Henwood: Enclosed for your review and approval are...

AI summary A document dated August 4, 2026, addressed to Crystal Henwood, Clerk of the Board at the Nova Scotia Energy Board, outlines the submission of capital items and reports for the second quarter of 2026 for review and approval.

Authorization to Overspend (ATO) Capital Item(s) • CI C0053295 - L5004 Kearney Lake Structure Replacement - $6,836,784 Original approval received in the 2025 ACE Plan for $2,478,537 ATO amount $4,358,247 $1,230,107 spent as at June 30, 202...

AI summary The document outlines an Authorization to Overspend (ATO) for the replacement of the L5004 Kearney Lake Structure, with an original approval amount of $2,478,537 and an ATO amount of $4,358,247. As of June 30, 2026, $1,230,107 has been spent on this project.

Final Cost (FIN) Capital Items • CI C0059046 - 101S and 79N Reactor Replacements - $827,209 Original approval received in 2024 ACE Plan for $1,460,062 Decreased spend amount $632,853 Non-Confidential

AI summary The document outlines a capital item related to the replacement of reactors at locations 101S and 79N, with an original approval amount of $1,460,062 in the 2024 ACE Plan, but a decreased spend of $632,853.

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 Orders: 1. CI C0068719 - IT - Distri...

AI summary NS Power is requesting confidential treatment for certain cost details in a capital work order related to IT distributed intelligence apps. The request aims to protect competitive pricing information from being used by competitors or customers, which could lead to higher costs and reduced competition.

Capital Reports Also included in this package are the 2nd Quarter 2026 capital reports ending June 30, 2026. - Report 1 Overview of capital expenditures showing actual spending, by function and classification, compared to the 2026 ACE Plan...

AI summary This document outlines the 2nd Quarter 2026 capital reports, including an overview of capital expenditures, active projects, deferred and cancelled projects, and FIN reports. These reports are provided in PDF and Excel formats and are submitted in accordance with various regulatory orders and commitments.

2010 ACE Plan Directive The Board's Order dated May 11, 2010, included the following directive: …a process whereby the Board will be informed in advance, to the extent possible, of proposed Unforeseen and Unbudgeted ("U&U") expenditures, t...

AI summary The 2010 ACE Plan Directive outlines a process for informing the Board of proposed Unforeseen and Unbudgeted expenditures, their justification, and subsequent project updates with final costs. NS Power has not identified any such expenditures requiring Board approval at this time.

2nd Quarter Overview - as of June 30, 2026 Generation Distribution Transmission General Property Total NS Power 2026 ACE Plan Total 2026 Submitted ACE Total 178,201,702 190,470,777 241,059,096 92,358,890 702,090,465 Total YTD Spend 77,304,...

AI summary The 2nd Quarter Overview as of June 30, 2026, provides a detailed breakdown of spending under the 2026 ACE Plan across Generation, Distribution, Transmission, and General Property categories. It highlights the variance between the total ACE Spend and YTD Spend, as well as changes to ACE items, projects cancelled, and deferred projects, leading to an estimated 2026 Potential Capital Spend.

The Board has reviewed Nova Scotia Power Inc.'s (NS Power) letter dated August 4, 2026, requesting approval of the following final cost work order: Approved Amount Revised Cost Variance CI C0059046 Replacements - 101S and 79N Reactor $1,46...

AI summary The Board has reviewed a request from Nova Scotia Power Inc. (NS Power) for approval of a final cost work order related to a capital item originally approved in the 2024 Annual Capital Expenditure Plan (ACE Plan). The approved amount, revised cost, and variance are provided in a table.

The Board understands that the reduction of $632,853 from the approved budget is primarily attributable to design changes that allowed existing reactor pedestals and infrastructure to be reused eliminating the need for new pedestal fabrica...

AI summary The Board acknowledges cost reductions of $632,853 in a project due to design changes and lower reactor costs, though some additional expenses were incurred. NS Power submitted the FIN late, which the Board notes as a concern for regulatory compliance. The final approved cost is $827,209.

NSEB APPROVAL SHEET 101S and 79N Reactor Replacements Project Title: CI Number: C0059046 Date: August 4, 2026 Expenditure Profile Type of Filing Year Budget Amount Project Estimate Capital Project Authorization 2023 2024 2025 2026 857 - 1,...

AI summary The document outlines the expenditure profile for the 101S and 79N Reactor Replacements Project, including budget amounts, project estimates, and types of filings such as Unforeseen and Unbudgeted, Planned & Advanced, and Final Cost. The total budget and project estimate are provided for the years 2023 to 2026.