N-1Affiliate Code of Conduct 2025 Report - Redacted
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17 4.1 Year-over-year comparison of NS Power charges to Affiliates - 19 NS Power charges to affiliates in 2025, as shown in Figure 7 , were $1.4 million lower than in - 20 2024. This decrease is attributable to a number of factors includin...
AI summary NS Power's charges to affiliates in 2025 decreased by $1.4 million compared to 2024, primarily due to lower Labour and Expenses ($3.5M) and M&A Services ($2.1M). This year-over-year comparison highlights cost reductions in specific operational categories.
2025 Affiliate Code of Conduct Report Appendix B Page 2 of 3 Corporate Objective Targets Weighting (%) Result Approved Payout (%) Asset Management Operate, maintain and invest in the assets serving our customers to foster trust through imp...
AI summary This document outlines the 2025 Affiliate Code of Conduct Report Appendix B, which includes corporate objectives related to asset management and financial sustainability. Targets and results for cost reduction, outage duration, net income, and cash flow from operations are detailed, with some targets not being met.
Appendix C 2025 Utility Performance Report Category Measure 2025 2024 2023 Notes that allow NS Power to maintain a low cost of capital to the benefit of customers. Earnings reported are NS Power legal entity results (i.e. before adjustment...
AI summary The 2025 Utility Performance Report highlights that NS Power's net earnings were below the approved ROE range, with operating expenses increasing due to higher customer operations costs. Customer satisfaction dropped to 65% in 2025 from 69% in 2024.
(Y/N) Reference Period Company InterCo ID Tag Pricing Exception Line Description Amount Purchase/Sale FMV/FAC/Pricing Exception Explanation Aug-25 Tampa Electric 6P-80 6P TECO Audit charges Labour ($1,556) Purchase FAC Sep-25 Tampa Electri...
AI summary The document outlines various financial transactions and adjustments made by companies such as Tampa Electric and Emera Inc. during specific periods, including audit charges, incentive payouts, and corporate allocations. These transactions are categorized under Fair and Appropriate Cost (FAC) and include details on non-regulated adjustments and affiliate transactions.
Date Nova Scotia Power Energy Marketing Inc. (NSPEMI) Jan-25 Nova Scotia Power Energy Marketing Inc. (INSPEMI) 1S-25 1S NG Sale Sale Pricing Exception Jan-25 654 3267654 NOVA SCOTIA LTD Global Intercompany 2412325 3 5056 Term Rd Parking Ja...
AI summary The document details various financial transactions and allocations involving Nova Scotia Power Energy Marketing Inc. (NSPEMI), including intercompany sales, mass allocations, and charges related to real estate, M&A services, and IT support. These entries reflect specific financial activities and cost allocations over several months.
2025 Affiliate Code of Conduct Report Appendix D(10) Page 1 of 1 REDACTED (CONFIDENTIAL INFORMATION REMOVED) APPENDIX D(10) - M&A Services charged to NS Power Corporate Compliance Cost Recovery 347,915 082 530050 - 535100 Full Time Equival...
AI summary This document presents a detailed breakdown of various cost recovery and overhead expenses associated with different corporate functions and departments within Nova Scotia Power and its affiliates, including compliance, tax, safety, and risk management, with specific figures and classifications.