2.2 O&M Costs 5 NSPML's forecasted O&M costs for 2027 and 2028 are $27.2 million and $21.6 million, respectively. As presented in this Application and consistent with past filings, O&M costs are comprised of the cost categories outlined in...
AI summary NSPML's forecasted O&M costs for 2027 and 2028 are $27.2 million and $21.6 million, respectively, as outlined in the Application and consistent with past filings.
Table 2: O&M Forecast – 2027 and 2028 vs. 2026 ($ millions) O&M Costs (Amounts in Smillions) 2026 (approved) 2027 2028 Maintenance & Inspections (Note 1) 7.7 12.8 7.1 Labour and Administration 9.5 9.8 10.0 Insurance 4.5 4.3 4.2 Independent...
AI summary Table 2 outlines the O&M forecast for 2027 and 2028 compared to 2026, showing fluctuations in maintenance, labour, insurance, and other costs. The note explains that certain costs are aggregated to protect commercially sensitive information.
2.2.1 Maintenance & Inspections 16 17 18 19 20 15 Overall, the 2027 O&M required for maintenance & inspections increased by ~$5.1 million in 2027 versus 2026 and then decreases by ~$5.7 million in 2028 (as compared to 2027). Of note is tha...
AI summary The 2027 and 2028 maintenance and inspection costs for NSPML show an increase followed by a decrease, influenced by changes in marine survey costs and the expiration of an HVDC service agreement. NSPML is implementing an integrated vegetation management approach using data-driven methods to optimize long-term maintenance practices.
Table 2 O&M Costs ($m) 2025 Actuals 2026 (approved) 2026 (forecasted) 2027 2028 Maintenance and Inspections 5.2 7.7 8.0 12.8 7.1 Labour and Administration 9.1 9.5 9.5 9.8 10.0 Insurance 4.0 4.5 4.5 4.3 4.2 Independent Engineer 0.2 0.3 0.3...
AI summary Table 2 presents O&M costs for NSPML across several years, including maintenance, labour, insurance, and other categories. The document also references NSPML's responses to information requests from the Nova Scotia Energy Board.
REDACTED 1 Request IR-03: 2 - 3 Reference: Table 2: O&M Forecast, pg.7 - 4 Please provide, on a confidential basis, a table showing the breakdown of forecast - 5 maintenance and inspection costs for 2027 and 2028 as well as approved 2026 c...
AI summary A request for confidential information regarding maintenance and inspection costs for 2025, 2026, 2027, and 2028, broken down into specific categories such as converters, substation operations, marine surveillance, and service agreements, is made and responded to.
6 Request IR-2: - 7 Reference: Table 2: O&M Forecast, pg.7 - 8 Please update Table 2 to add two columns showing a comparison to 2025 actual costs incurred - 9 and 2026 forecast costs. 10
AI summary The request asks to update Table 2 in the O&M Forecast by adding columns that compare 2025 actual costs with 2026 forecast costs.
11 Request IR-3: - 12 Reference: Table 2: O&M Forecast, pg.7 - 13 Please provide, on a confidential basis, a table showing the breakdown of forecast maintenance - 14 and inspection costs for 2027 and 2028 as well as approved 2026 costs and...
AI summary The request asks for a confidential breakdown of forecasted maintenance and inspection costs for 2027 and 2028, along with approved 2026 costs and incurred 2025 costs, categorized into converters and substation operations, marine surveillance, and service agreements.
18 Request IR-4: - 19 Reference: Section 2.2.4 Labour & Administrative - 20 a) Please confirm, or clarify otherwise, that only 50% of forecast incentive payments are 21 included in the assessment amount. - 22 b) Please provide a table show...
AI summary The text requests clarification and detailed information regarding labour and administrative costs, including incentive payments, inflationary adjustments, and FTE projections for NSPML. It also inquires about vacancy allowances and changes in staffing.
1 Request IR-1: 2 3 Please provide the actual, approved and forecast O&M costs at the most detailed level in which 4 each is tracked by NSPML for 2019 to 2028, including both approved and actual, proposed or 5 forecast, as applicable. Plea...
AI summary The request asks for detailed operating and maintenance (O&M) costs tracked by NSPML from 2019 to 2028, including approved, actual, and forecast figures, to be provided in an Excel workbook with supporting accounting records.
1 (c) Please quantify the regulatory cost savings NSPML attributes to a two-year 2 versus a one-year assessment process. 3 Request IR-2: 4 Reference: Section 2.2, Table 2, O&M Forecast 2027 and 2028 vs 2026 ($ millions) (p. 7) 5 (a) Please...
AI summary The text contains regulatory requests directed at NSPML, asking for quantification of cost savings from a two-year assessment process, updates to O&M forecasts, explanations of variances, and details on the existing LTSA for the HVDC Converter Station Service Agreement.
- 26 (d) Please explain what NSPML is requesting when it states "if the Board 27 directs NSPML to implement smoothing…. NSPML would request flexibility 28 to adjust DER impacts…" 1 Request IR-10: 2 Reference: Section 2.2.5, Insurance (p. 1...
AI summary The document includes requests for clarification on insurance cost forecasts and the timeline for completing the Cable Protection Project, as well as the process for reviewing an updated depreciation study. The focus is on financial planning and project timelines.
Disclaimer: These summaries were generated by AI from the filings they describe. We take care to make them accurate, but errors are possible - and they aren't advice. Only the filings themselves are the record: if you're relying on something here, confirm it against the source documents or the Nova Scotia Energy Board's own record. Full disclaimer →