Topic:"Cost Deferral" in M12600

The Company has the following categories on the Consolidated Balance Sheets related to derivatives receiving regulatory deferral: As at December31 December31 millions of dollars 2025 2024 Derivative instrument assets (current and other ass...

AI summary The Company's Consolidated Balance Sheets show changes in derivative instrument assets, regulatory assets, and related liabilities as of December 31, 2025, and December 31, 2024, with a net asset of $2 as of December 31, 2025.

The Company recognized the following net (losses) gains in income related to derivatives receiving regulatory deferral: For the Year ended December 31 millions of dollars 2025 2024 Fuel for generation and purchased power (1) $ $ (12) (36)...

AI summary The Company recognized net losses in income related to derivatives receiving regulatory deferral, specifically $12 million in 2025 and $36 million in 2024, under 'Fuel for generation and purchased power'. These losses are from settled derivative instruments and hedging relationships that have been terminated or are no longer probable.

Chair. 1 CROSS-EXAMINATION BY MS. RUDDERHAM 12 Ms. Power has a few questions. 13 THE CHAIR: Thank you. 14 Ms. Power? 15 MS. POWER: Thank you, Mr. Chair. 16 17 18 19 1 CROSS-EXAMINATION BY MS. POWER 2 Hi, Mr. Mollard. Q. 3 A. Good morning....

AI summary The text discusses the deferral of costs by Nova Scotia Power Inc. and the possibility of recovering these costs in future GRAs, with the need for Board approval. It also touches on the responsibility for costs not directly caused by the utility.