NON-CONFIDENTIAL
p. pp. 13-14
NON-CONFIDENTIAL 1 The SCRR already provides appropriate regulatory oversight. Where Level 3 and Level 4 costs 2 exceed base rate allowances, NS Power must seek Board approval, and all costs are subject to 3 prudence review. This framework...
AI summary The text argues that the existing regulatory oversight by the SCRR is sufficient, and introducing a hindsight-based standard for outage predictions could discourage prudent planning. NS Power emphasizes that lessons learned from storm events are already documented in individual storm reports rather than in the annual Storm Restoration Cost Report.