Topic:"Prudency Review" in M12451

Inclusion of Forecasted Costs - Mr. Briggs disputes the use of forecasted costs in the derivation of net book value and depreciation - expense associated with poles. [29](#page-73-2) It is appropriate to use both capital and O&M forecasted...

AI summary Mr. Briggs disputes the use of forecasted costs in calculating net book value and depreciation expense for poles. The NSUARB argues that both capital and O&M forecasted costs should be used in calculating the pole attachment rate, as the GRA revenue requirement is based on forecasted rate years. The prudency of these costs will be reviewed as part of the GRA.

2026-2027 GRA Cleary IR-1 Attachment 7 Page 2 of 5 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Nova Scotia Power Inc. NSPI was fined $10 million for failing to remain compliant under the Renewable Electricity Regulations (RER). Under the p...

AI summary Nova Scotia Power Inc. (NSPI) was fined $10 million for non-compliance with the Renewable Electricity Regulations (RER), citing uncontrollable factors like delays in the Muskrat Falls project. NSPI is appealing the penalty with the UARB. The RER also mandates 80% renewable electricity by 2030, requiring significant investments, including new transmission lines and grid-scale batteries. The company is seeking to recover prudently incurred costs amid inflation and high interest rates.

Weather Risk A Material Adverse Effect may arise from weather seasonal variations impacting energy consumption, as well as severe weather events, changing air temperatures, wildfires and other severe weather conditions that are expected to...

AI summary The text discusses the risks posed by weather variations and severe weather events to Nova Scotia Power Inc. (NSPI), including impacts on energy consumption, infrastructure damage, service outages, and potential financial losses. These risks are exacerbated by climate change and may lead to a Material Adverse Effect if not mitigated through insurance or regulatory processes.

ate Schedules, pp. 23–24 ("ratepayers benefit from the plant additions when they are in-service and . . . ratepayers should not be responsible for providing a return on plant that is not in-service"). Once a company has proven that propert...

AI summary The document discusses the requirements for including capital investments in a utility's rate base, emphasizing that such property must be both used and useful and that the investment must have been made prudently and reasonably. Legal references and case law are cited to support these principles.

r No. 23); Decision, June 30, 2021, Docket No. 20-07-01, PURA Implementation of Section 3 of Public Act 19-35, Renewable Energy Tariffs and Procurement Plans (20-07-01 Decision) p. 54 (Order No. 22)). With respect to the Residential Renewa...

AI summary The Authority ordered UI to recover reasonable and prudently incurred expenses related to the RRES and NRES Programs through the Rate Adjustment Mechanism. UI argues that it does not recover capital costs through RAM and contends that recovery in base rates is appropriate to avoid intergenerational inequities.

ority's adjustment is $23,556,152. These two figures differ because OCC refers to gross plant as shown on Ex. UI-CIP-4, whereas the Authority refers to net plant as calculated within the Plant Model. Further, UI concedes that it does not f...

AI summary The document discusses discrepancies in the calculation of pole attachment make-ready capital costs, highlighting the disparity between contributions from pole attachers and ratepayers. It argues that the company has not acted prudently in managing these costs, with ratepayers shouldering the majority of the burden.

a. Summary The Authority permits utilities to make pro forma adjustments to the test year plantin-service for plant additions identified in the application but made after the test year. Specifically, a utility is permitted to include new p...

AI summary The Authority allows utilities to adjust the test year plantin-service for plant additions made after the test year, provided they are used and useful and costs were prudently incurred. The Company proposed significant adjustments but failed to quantify savings or risks, and must provide this information in future requests. The Authority approved a portion of the requested adjustments.

l, installation of an engineered control, and site restoration, in addition to support activities that include permitting, contractor oversight, and preparation of a final report. Ex. UI-ERP-1, p. 11. The Authority previously permitted the...

AI summary The Company is seeking recovery of $3,744,144 for East Shore Project expenses not deferred, citing expected remedial work and a competitive RFP process. The Authority previously allowed deferred accounting for these expenses, subject to prudency review.

4. Pleasure Beach Island The Company serves two customers located on Pleasure Beach Island (PBI) the WICC radio station and a pavilion owned by the City of Bridgeport. Ex. UI-RRP-1, p. 134. In its application, the Company states that it in...

AI summary The Company serves two customers on Pleasure Beach Island with a solar-plus-Battery Energy Storage System (BESS) microgrid project, but clarified it will not be used before the end of the Rate Year. The Authority previously approved the project as a cost-effective solution and authorized deferred accounting to track its costs, which will be reviewed for prudence and reasonableness in the next rate case proceeding.

- On behalf of the Board of Commissioners of Public Utilities of Newfoundland and Labrador, provided two expert reports (with co-author) in the matter of Newfoundland and Labrador Hydro's 2025 Application for Capital Expenditures for the P...

AI summary The text outlines various testimonies and expert reports provided by individuals on behalf of different regulatory bodies in matters related to energy regulation, capital expenditures, fuel adjustment mechanisms, and prudence reviews. These proceedings involve entities such as Nova Scotia Power, Inc., Newfoundland and Labrador Hydro, and Mississippi Power Company.

Exhibit N-40, Opening Statement of NS Power. N-32 Evidence – Cleary page 6 lines 4-5; N-37, Evidence - Synapse Evidence page 18, lines 1-3; N-35, Evidence - Bates White, page 14, lines 11-16. 1 was a consideration of the parties is evident...

AI summary NS Power outlines its OM&G expense forecasts for 2026 and 2027, citing a 18% share of its revenue requirement. It notes a $24 million increase over the 2024-2026 period, with a $5.7 million reduction due to a labour vacancy adjustment. A ScottMadden benchmarking study supports the reasonableness of its costs compared to peer utilities.

uests that the Nova Scotia Energy Board reject Nova Scotia Power's requested prorating approach and ensure that Nova Scotians aren't retroactively charged a higher price on power they've already used. We request that the suggestion of the...

AI summary The letter requests the Nova Scotia Energy Board to reject Nova Scotia Power's prorating approach and ensure ratepayers are not retroactively charged higher prices. It suggests that any rate increase should apply only to the next full billing cycle, with the cost of implementing the change borne by shareholders, not ratepayers.

2026-2027 GRA Reply to Comments on NS Power's Compliance Filing Non Confidential In providing their comments, the CA and SBA both acknowledge this point and support the use of proration for billing purposes in this matter, while the IG has...

AI summary NS Power responds to comments from the Consumer Advocate (CA) and Small Business Advocate (SBA) on proration methodology for rate changes. The CA and SBA support proration but suggest upgrading the CIS system to eliminate the need for proration in the future. NS Power confirms its commitment to assessing system upgrades and states that the Board's concerns have already been addressed.

M12451 – Nova Scotia Power Inc. – 2026 General Rate Application (GRA) The Board's March 25, 2026, decision in this matter approved NS Power's application, subject to certain changes and other directives. NS Power was directed to submit a c...

AI summary The Board approved NS Power's 2026 General Rate Application with conditions, including the submission of a compliance filing. The Board raised concerns about the use of proration in light of a recent cyberattack and NS Power's investment in AMI meters. Various stakeholders submitted comments on the compliance filing.