2. Need to Address issue of Interest and Interpretation of s. 64AB of the PUA
p. pp. 1-2
2. Need to Address issue of Interest and Interpretation of s. 64AB of the PUA In this application, NSPI is not seeking the Board's approval for recovery of interest on the BA amounts. NSPI's proposed financing costs for the 2026 BA, set ou...
AI summary NSPI is seeking clarification on the interpretation of s. 64AB of the PUA regarding the recovery of interest on BA amounts. The Board has deferred this issue and plans to initiate a generic proceeding. NSPI argues it is entitled to interest at its WACC, while the Industrial Group supports the generic proceeding and suggests the 2026 DCRR should be approved without interest on BA balances.