Topic:"Operating Expenses" in M12959

NON-CONFIDENTIAL 1 Request IR-5: 2 3 (a) Please provide a breakdown of the operating costs of $1,331,000 for 2025. 4 5 (b) Are the operating costs of $1,331,000 included in the requested approval amount of 6 $4,392,251 or an additional req...

AI summary The document includes a request for a breakdown of operating costs of $1,331,000 for 2025, and whether these costs are included in the requested approval amount of $4,392,251 or an additional amount. It also asks whether these costs are intended to be capitalized, expensed, or included in the FAM balance.

N2. Accordingly, the Board directs NS Power to continue to submit for Board approval any LIN2 Cl projects, collectively, as a Winter Capacity Requirement project application, until directed otherwise. Furthermore, in its decision dated Jun...

AI summary The Board has approved the inclusion of $1,331,000 in operating expenditures for the LIN2 project in 2025 as regulated operating expenditures. This approval applies only to expenditures up to December 31, 2025, and NS Power must seek further approval for any costs beyond that date.

Request IR-5: - a) Please provide a breakdown of the operating costs of $1,331,000 for 2025. - b) Are the operating costs of $1,331,000 included in the requested approval amount of $4,392,251 or an additional requested amount? - c) Are the...

AI summary Request IR-5 asks for a breakdown of $1,331,000 in operating costs for 2025, whether these costs are included in the $4,392,251 approval amount, and how these costs are to be treated (capitalized, expensed, or included in the FAM balance).

N2. Accordingly, the Board directs NS Power to continue to submit for Board approval any LIN2 Cl projects, collectively, as a Winter Capacity Requirement project application, until directed otherwise. Furthermore, in its decision dated Jun...

AI summary The Board has directed NS Power to continue submitting LIN2 Cl projects as a Winter Capacity Requirement project application until otherwise directed. NS Power requested approval to include $1,331,000 in operating costs for LIN2 in its 2025 regulated net income and return on equity calculation, which the Board approved as reasonable.