Topic:"Depreciation Amortization" in M12799

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

AI summary The document outlines related Capital Investments (CIs) for Distribution projects under Section 11.2 of the CEJC, specifying asset classes like Padmount transformers and Breakers. No projects are listed for 2024–2028. Depreciation classes include Distribution Plant – Underground Conductors and Devices, with an estimated asset life of 40 years.

CI C0080101 – 539N-210 Big Island Subsea Cable Replacement (NSEB M12799) NSPI Responses to NSEB Information Requests 1 Request IR-11: 4 5 (i) What was the remaining undepreciated capital cost of the cable at the time of 6 its failure? 7 8...

AI summary The document discusses NSPI's response to NSEB's information requests regarding the undepreciated capital cost of a failed subsea cable. NSPI explains that it does not track individual asset values and instead uses pooled asset tracking, as approved by the Board. NSPI also clarifies that no undepreciated capital cost was expensed related to the failed cable.

Request IR-14: - a. When did the 1999 cable fail? - i. What was the remaining undepreciated capital cost of the cable at the time of its failure? - ii. Please confirm that once the cable failed and was no longer used and useful, NSP expens...

AI summary Request IR-14 asks NS Power to clarify the 1999 cable failure's financial implications, including its remaining undepreciated capital cost at failure, expensing practices post-failure, current undepreciated cost, and returns on rate base earned since the failure.