Topic:"Fuel Cost Adjustment" in M12640

December 18, 2025 Crystal Henwood Clerk of the Board Nova Scotia Energy Board 1601 Lower Water Street, 3rd Floor Halifax, NS B3J 3S3 Re: Nova Scotia Power Incorporated 2026 FAM AA / BA Riders Dear Ms. Henwood: As the Nova Scotia Energy Boa...

AI summary This letter discusses NS Power's collaboration with provincial and federal governments and customer representatives to address fuel-related rate pressure through the Invest Nova Scotia purchase of a $117 million receivable and a $500 million Federal Loan Guarantee.

$500 Million FLG In 2024 NS Power and NSPML worked with the Government of Canada to arrange for NSPML to issue $500 million in federally guaranteed debt, repayable over 28 years. The proceeds were provided to NS Power as a refund of Mariti...

AI summary NS Power is requesting the renewal of the AA rider on an interim basis to avoid temporary rate reductions caused by the expiration of the FAM riders before the GRA decision is finalized. This approach ensures rate stability without increasing customer costs.

IN THE MATTER OF the PUBLIC UTILITIES ACT - and - IN THE MATTER OF AN APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval to renew its existing Fuel Adjustment Mechanism (FAM) AA rider and BA rider on an interim basis effective Janu...

AI summary This document pertains to an application by Nova Scotia Power Incorporated to renew its Fuel Adjustment Mechanism (FAM) AA and BA riders on an interim basis, effective January 1, 2026, under the Public Utilities Act.

INTERIM ORDER Nova Scotia Power Incorporated (NS Power) applied to the Nova Scotia Energy Board on December 18, 2025, for approval to extend its existing Fuel Adjustment Mechanism (FAM) Actual Adjustment (AA) rider and Balancing Adjustment...

AI summary Nova Scotia Power Incorporated (NS Power) applied for an interim extension of its Fuel Adjustment Mechanism (FAM) Actual Adjustment (AA) and Balancing Adjustment (BA) riders, which are set to expire on December 31, 2025. The Board granted the interim extension to avoid a rate change inconsistent with known and approved costs, pending the final determination of NS Power's 2026 FAM AA/BA rider application and its general rate application (M12451).

The Board orders that: - 1. The existing FAM AA rider and BA rider will continue on an interim basis, effective January 1, 2026, until further order of the Board, or as ordered in NS Power's ongoing general rate application and its 2026 FA...

AI summary The Board has ordered the continuation of the Fuel Adjustment Mechanism (FAM) Actual Adjustment (AA) rider and Balancing Adjustment (BA) rider on an interim basis, effective January 1, 2026, until further order or as determined by NS Power's ongoing applications. Payments during this period will be subject to confirmation or adjustment in the final order.

IN THE MATTER OF the PUBLIC UTILITIES ACT - and - IN THE MATTER OF AN APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval to renew its existing Fuel Adjustment Mechanism (FAM) AA rider and BA rider on an interim basis effective Janu...

AI summary Nova Scotia Power Incorporated has applied for approval to renew its Fuel Adjustment Mechanism (FAM) AA rider and BA rider on an interim basis, effective January 1, 2026, under the Public Utilities Act.

INTERIM ORDER Nova Scotia Power Incorporated (NS Power) applied to the Nova Scotia Energy Board on December 18, 2025, for approval to extend its existing Fuel Adjustment Mechanism (FAM) Actual Adjustment (AA) rider and Balancing Adjustment...

AI summary NS Power applied for an interim extension of its Fuel Adjustment Mechanism (FAM) riders to maintain the status quo and avoid a rate change inconsistent with approved costs. The FAM riders are set to expire on December 31, 2025, and the Board granted an interim order under s. 69 of the Public Utilities Act.

The Board orders that: - 1. The existing FAM AA rider and BA rider will continue on an interim basis, effective January 1, 2026, until further order of the Board, or as ordered in NS Power's ongoing general rate application and its 2026 FA...

AI summary The Board has ordered that the existing Fuel Adjustment Mechanism (FAM) AA rider and BA rider will continue on an interim basis until further order, or as determined by NS Power's ongoing general rate application and its 2026 FAM AA/BA rider application. Payments made during this interim period will be subject to confirmation or adjustment in the final order.