Topic:"Depreciation Amortization" in M12743

Summary of Related CIs +/- 2 years: Pursuant to Section 11.2 of the CEJC, related CIs for General Plant projects include "work completed on the same asset (applicant, building, etc.)" • No other related projects in 2024, 2025, 2026, 2027,...

AI summary The text outlines related Capital Investments (CIs) under Section 11.2 of the CEJC, specifying that projects involve work on the same asset. No other projects are listed from 2024–2028. The depreciation class is General Plant - Office Furniture and Equipment - Computer Software, with a 10-year estimated asset life.

NON-CONFIDENTIAL Filing Matter Number CI# Project Title Approved Budget (including contingency) Contingency ACE Plan Notes Scope 21 depreciating since placed in service in December 2022. Under the use of Amortization Accounting, 22 which w...

AI summary The text discusses the depreciation of computer assets under amortization accounting, referencing the 2026-2027 GRA Decision (M12451). It also includes a request and response regarding the timing of an application for a project that began in 2024, noting a cybersecurity incident in April 2025.

CI C0068714 – IT – Identity and Access Management (NSEB M12743) NSPI Responses to Nova Scotia Department of Energy Information Requests 1 Request IR-9: 2 3 Considering these similar projects completed between 2022 and 2023, what is their 4...

AI summary Nova Scotia Power Inc. (NSPI) responds to requests regarding the remaining useful life of assets from previous projects and the reasons for implementing a new Identity and Access Management (IAM) project. NSPI explains that older projects will be replaced with a modernized SaaS solution and highlights the need for updated IAM capabilities due to evolving cybersecurity threats.

REDACTED 1 Request IR-4: 2 3 Refer to Exhibit N-1, the C0068714 Project-Redacted, in the section Contingency Statement, 4 on page 2 of 5 and Reason for Variance, on page 2 of 5 and refer also to Exhibit N-1(C) NS 5 Power Inc. Application f...

AI summary The document discusses responses to information requests regarding the C0068714 Project-Redacted, focusing on the 2026 ACE Plan variance and the capitalization of software costs. It outlines reasons for the increase in the ACE Plan estimate and clarifies that software service agreements are not capitalized, but assets from the project are depreciated over 10 years. Cybersecurity updates are managed by the vendor, with expected updates occurring a few times per year.

DATE FILED: July 7, 2026 Page 3 of 17 1 2.0 RESPONSE TO CA SUBMISSIONS 2 3 The CA's submissions raise three concerns and two recommendations, including: 4 5 • the prudency of replacing NS Power's prior PAM solutions with a SaaS-based alter...

AI summary The CA raises concerns about NS Power's decision to replace its prior PAM solution with a SaaS-based alternative, questioning the prudency of the move and the accounting implications. NS Power disagrees with recommendations to disallow AFUDC and amend the requested contingency.

2.1.3 Amortization Accounting - The CA also raises concerns regarding NS Power's accounting treatment of assets associated with - prior PAM projects being replaced by the current IAM initiative. Specifically, the CA submits that - NS Power...

AI summary The CA raises concerns about NS Power's accounting treatment of assets from prior PAM projects being replaced by the IAM initiative, noting that unamortized balances were not addressed. The 2026–2027 GRA introduced amortization accounting, which recovers an asset's cost over its service life and retires it upon full amortization, differing from traditional pooled depreciation. Assets from CIs 49094 and C0054455 will continue to depreciate under their approved amortization periods.

Request IR-8: - In reference to the Capital Project Detailed Estimate: - a) Please explain the basis of the unit estimate for Regular Labour. - b) Why is HR/HR IT included in Regular Labour for implementing a capital project? - c) What is...

AI summary Request IR-8 seeks explanations on the Capital Project Detailed Estimate, including labor cost bases, HR/IT inclusion, IAM roles, travel expenses, license useful life, consulting expenses, and internal staff limitations. Questions focus on cost breakdowns, roles, and justification for external consulting.

c) Please explain which specific investments areas in these prior projects failed to provide the 'automated credential lifecycle management' and 'credential vaulting', now deemed critical in this application. d) Given that NSPI has frequen...

AI summary The text includes a series of questions related to identity and access management (IAM) and privileged access management (PAM) systems, including past investments, current capabilities, and future capital needs. It also asks about post-breach audit findings, depreciation accounting, and the reasons for not including certain capabilities in earlier IAM projects.

arly in the project alternative review process. Just four years later – and only two to three years after the PAM projects' assets were placed in service – NS Power issued the RFP for the IAM project. Given the circumstances identified abo...

AI summary The Consumer Advocate raises concerns about NS Power's decision to pursue the PAM project, suggesting that SaaS could have been a more reasonable option at the time. Additionally, concerns are raised regarding the proposed amortization accounting for PAM assets and whether it aligns with NS Power's accounting policies.