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Topic:"Prudency Review" in M04265

Matter: P-871 - Nova Scotia Power Inc. - Application for a Load Retention Rate (2000)
1 passage 1 document

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07380Post-Hearing Brief - NSPI 1 passage
SHAREHOLDERvsRATEPAYERCOST
lternate source of energy. NSPI's business decision to seek the proposed rate is meant to allow it to reduce this real risk to its customers. It is not taking a risk for potential shareholder benefit. NSPI could, of course, take no action...

AI summary NSPI argues that seeking a load retention rate is necessary to mitigate customer loss risks and benefit all customers, not just shareholders. The company asserts that the incentive to maintain stable rates is already in place due to competition. Dr. Rosenberg notes that shareholders are at risk until the next rate case, and the Board may disallow unreasonable costs.

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