Topic:"Dcrr" in M12835

Regulated Statements of Income For the Three months ended Year ended millions of Canadian dollars December 31 December 31 Actual Test Year Prior Year Actual Test Year Prior Year 2025 2024 2024 2025 2024 2024 Operating revenues $ 504 $ 468...

AI summary The document presents financial data for a regulated entity, including operating revenues, expenses, and net income across three months and year-ended periods. Key items include fuel costs, fuel adjustment mechanisms, demand-side management cost recovery riders, and depreciation. Net income for 2025 is reported as $32 million (three months) and $165 million (year-ended).

2022 GRA and Settlement Agreement On February 2, 2023, the NSEB approved the GRA Settlement Agreement between NSPI, key customer representatives and participating interest groups. This resulted in average customer rate increases of 6.9 per...

AI summary The 2022 GRA Settlement Agreement approved by NSEB on February 2, 2023, resulted in 6.9% and 6.5% average rate increases in 2023 and 2024, respectively. It established storm and DSM riders for cost recovery, with the storm rider enabling recovery of major storm restoration costs exceeding $10M annually, and the DSM rider allowing NSPI to recover DSM program costs via a regulatory asset/liability.

Regulated Statements of Income For the Three months ended Year ended millions of Canadian dollars December 31 December 31 Actual Test Year Prior Year Actual Test Year Prior Year 2025 2024 2024 2025 2024 2024 Operating revenues $ 504 $ 468...

AI summary The document presents financial data for operating revenues, expenses, and net income across three months and year-ended periods for 2024 and 2025. Key figures include operating revenues of $504M (2025) and $1,943M (year-ended), with significant expenses related to fuel, depreciation, and demand-side management cost recovery riders. Net income shows a decline from $57M (2024) to $32M (2025).

2022 GRA and Settlement Agreement On February 2, 2023, the NSEB approved the GRA Settlement Agreement between NSPI, key customer representatives and participating interest groups. This resulted in average customer rate increases of 6.9 per...

AI summary The NSEB approved a 2022 GRA Settlement Agreement, resulting in rate increases of 6.9% in 2023 and 6.5% in 2024. The agreement includes a storm rider for major storm restoration costs and a DSM rider for EfficiencyOne's programs, with cost recovery and deferral mechanisms managed through the NSEB's FAM process.

Energy Efficiency Legislation In April 2014, the Province announced energy efficiency legislation to remove a previous charge for conservation and efficiency programs from power bills of customers in the Province effective January 1, 2015....

AI summary In 2014, Nova Scotia introduced legislation to remove a conservation charge from power bills and required NSPI to purchase efficiency activities from EfficiencyOne. The NSEB approved a $35 million DSM deferral recoverable over eight years, with a portion financed by EfficiencyOne. As of 2023, the deferral was fully recovered, and the balance was repaid. In 2022, the NSEB approved a $173 million budget for 2023–2025, reduced by $4 million due to EfficiencyOne's underspend.

ova Scotia Power Incorporated 11931 4938 RC0001 1 2 3 4 5 6 Row Name of CFA Amounts determined for variable A in the definition of IFE for the affiliate Proportion determined under subsection 18.2(2) Amount G in Part 2K % Denied amount und...

AI summary The text provides a table with various financial and tax-related calculations, including amounts determined for variable A in the definition of IFE, proportions under subsection 18.2(2), denied amounts, and the corporation's share of denied amounts. The table includes references to tax years, percentages, and specific tax-related clauses.