Topic:"Cost Deferral" in M12551

Application for Annually Adjusted Rates for 2026 Redacted 1 against unforeseen schedule delays and so the request to extend the deadline for selling renewable 2 low-impact electricity to March 31, 2027 was approved.39 3 4 From a project ex...

AI summary Nova Scotia Power has completed most of the setup work for a renewable energy project, with remaining tasks expected to be completed within seven months prior to retail sales. The company has calculated the RTR Tariff Administration Charges based on near-term forecasted costs and anticipates future recovery starting in 2027. The Energy Balancing Service Tariff is a mandatory requirement for LRS customers.

FOR THE YEAR ENDING DECEMBER 31, 2026 (IN THOUSANDS OF DOLLARS) OPER. & MAINT STEAM 60,957 30,440 2,062 12,907 2,031 1,481 2,523 3,895 4,476 693 449 E-1A OPER. & MAINT HYDRO 1,940 969 66 411 65 47 80 124 142 22 14 E-1A (10) OPER. & MAINT W...

AI summary The document presents a detailed breakdown of operating and maintenance costs for various energy generation sources in Nova Scotia for the year ending December 31, 2026, including steam, hydro, wind, biomass, and other generation technologies. It also includes depreciation and interest expenses, with some line items referencing specific allocations and procedures.

M12551, Exhibit N-1, the Application, page. 9 of 45, at lines 26-31 through page. 10 of 45, at lines 1-22. 1 (a) Please confirm when NS Power plans to re-initiate stakeholder engagement with a 2 schedule for offering a TVP structure for AA...

AI summary The document discusses NS Power's plans to re-initiate stakeholder engagement for TVP structures in AARs following the 2025 AAR proceeding (M11989) and provides details on the calculation and recovery of RtR Tariff Administration Charges, including deferred costs and future recovery starting in 2027.

NON-CONFIDENTIAL - 1 (b) The costs would be deferred into the current regulatory asset and would attract NS Power's 2 approved WACC. - 4 (c) Refer to part (b).

AI summary The text discusses deferring costs into a regulatory asset and applying NS Power's approved WACC. It references a prior section for additional details.

Cross Subsidization The SBA also notes the request for the deferral of Renewable-to-Retail (RtR) costs is being made without knowing the magnitude nor any explicit details regarding the timing of recovery of the deferred amount. 5 The SBA...

AI summary The SBA raises concerns about the deferral of Renewable-to-Retail (RtR) costs without a clear recovery mechanism, potentially leading to cross-subsidization across time periods and customer classes. While the AAR process is not the appropriate forum to define the recovery mechanism, the lack of clarity is acknowledged as a potential issue.

The SBA also notes the request for the deferral of Renewable-to-Retail (RtR) costs is being made without knowing the magnitude nor any explicit details regarding the timing of recovery of the deferred amount. The SBA recognizes that NS Pow...

AI summary The SBA highlights concerns regarding the deferral of Renewable-to-Retail (RtR) costs, noting that NS Power lacks clear details on the timing and magnitude of recovery. While the AAR process is not the appropriate forum to define the recovery mechanism, the absence of such a mechanism may lead to unintended cross-subsidization across customer classes and time periods.

NS Power Response: NS Power acknowledges the SBA's concern and agrees that the magnitude and timing of recovery of RtR costs cannot yet be precisely defined, given that the RtR framework and associated market arrangements are still under d...

AI summary NS Power acknowledges the SBA's concerns regarding the uncertainty in the recovery of Renewable-to-Retail (RtR) costs, noting that the framework is still under development. NS Power emphasizes that deferral of costs is intended to be recovered exclusively from the RtR market, and the proposed deferral account aims to ensure transparency and regulatory oversight.

COLUMN A B C D E F G H I J K L M N O P Q R S T U V X Cost Allocation Fact tors Fuel-re lated Cos ts from COS Residential 97.159% 4,353,838 64.027806% 5,644,778,858 49.7998% 5,213,776,964 $220,605,297 $44,140,315 $4,108,568 $3,130,679 $3,44...

AI summary The text presents a table with detailed cost allocations across various categories, including residential, small general, and general demand. It outlines percentages, monetary values, and cost-related factors, providing a breakdown of different cost components for analysis.

Request IR-4: Refer to M12551, Exhibit N-1, the Application, Section 7.0 Renewable to Retail Market (RtR) Tariffs and the proposed RtR Tariff Administration Charge , which states: The Company has calculated the RtR Tariff Administration Ch...

AI summary The document discusses NS Power's proposed RtR Tariff Administration Charge, including the deferral of costs incurred in 2026 and anticipated recovery starting in 2027. Questions are raised about current estimated costs, whether interest costs will be applied, and the expected interest rate.

Multiple Moving Variables The ELIADC is a below-the-line ("BTL") rate. The ongoing General Rate Application ("GRA " ), Matter M12451, assumes PHP takes above-the-line ("ATL") service, as of January 1, 2026 – the same timeline in which PHP...

AI summary The document discusses the ELIADC rate and the GRA application, highlighting the uncertainty around PHP's transition to ATL service and the potential cost implications. NSPI seeks to defer risks through a deferral account, while concerns are raised about the fairness of granting PHP interim relief without similar measures for other customer classes.