Topic:"Public Utilities Act Nova Scotia" in M11990

Nova Scotia Utility and Review Board IN THE MATTER OF The Public Utilities Act, R.S.N.S. 1989, c.380, as amended -and- IN THE MATTER OF an Application for approval of NS Power's Pre-Tax Weighted Average Cost of Capital (WACC) and Allowance...

AI summary The Nova Scotia Utility and Review Board is considering an application by NS Power under the Public Utilities Act for approval of its Pre-Tax Weighted Average Cost of Capital (WACC) and Allowance for Funds Used During Construction (AFUDC) rates.

2. Political intervention in the ratemaking process In November 2022, the Province passed Bill 212, which amended the Public Utilities Act to cap the baserate increase for NSPI's most recent GRA at 1.8% during the 2022 to 2024 period, excl...

AI summary In November 2022, the Province passed Bill 212, amending the Public Utilities Act to cap NSPI's GRA baserate increase at 1.8% (excluding DSM and fuel costs) and limit ROE and deemed equity. The text argues political interference in ratemaking introduces instability and undermines regulator independence, negatively impacting credit.

Appendix 2—Regulation - NSPI operates under the NSUARB's regulatory environment using a COS methodology that allows the Company to recover all prudently estimated operating expenses and earn a reasonable return on approved capital investme...

AI summary NSPI operates under NSUARB regulation with a target ROE range of 8.75-9.25%. Bill 212 capped base-rate increases at 1.8% (2022-2024) and limited ROE to 9.25%. A 2023 rate settlement approved a 6.9% average increase, including DSM and fuel adjustments. NSUARB also approved a Storm Rider in 2024. NSPI's FAM allows fuel cost recovery, with a 2024 asset sale to the Province. NSPML's 2024 debt issuance reduced FAM liabilities.

Nova Scotia Utility and Review Board IN THE MATTER OF The Public Utilities Act, R.S.N.S. 1989, c.380, as amended.

AI summary The Nova Scotia Utility and Review Board is conducting a proceeding under the Public Utilities Act, which governs utility regulation in Nova Scotia. The Act, amended and in effect since 1989, provides the legal framework for utility oversight and regulatory decisions.

IN THE MATTER OF THE PUBLIC UTILITIES ACT - and – IN THE MATTER OF AN APPLICATION by NOVA SCOTIA POWER INCORPORATED (NS Power) for approval of Weighted Average Cost of Capital and Allowance for Funds Used During Constructions Rates for 202...

AI summary Nova Scotia Power Inc. (NS Power) seeks approval for 2025 Weighted Average Cost of Capital and Allowance for Funds Used During Construction Rates under the Public Utilities Act. The proceeding is before Bruce H. Fisher, a regulatory board member.

IN THE MATTER OF THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF AN APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of its 2025 pre-tax WACC/AFUDC Rate for both capital and non-capital matters BEFORE: Bruce H. Fisher, MPA, CPA...

AI summary Nova Scotia Power Incorporated seeks approval for its 2025 pre-tax WACC/AFUDC rate under the Public Utilities Act. The proceeding is before Bruce H. Fisher, a regulatory member, addressing capital and non-capital matters.

NOVA SCOTIA UTILITY AND REVIEW BOARD IN THE MATTER OF: The Public Utilities Act , R.S.N.S. 1989, c.380 as amended - and - IN THE MATTER OF: NS Power's Application for 2025 WACC and AFUDC

AI summary The Nova Scotia Utility and Review Board is conducting a proceeding under the Public Utilities Act, addressing NS Power's application for 2025 WACC (Weighted Average Cost of Capital) and AFUDC (Allowance for Funds Used During Construction) calculations.

IN THE MATTER OF THE PUBLIC UTILITIES ACT - and – IN THE MATTER OF AN APPLICATION by NOVA SCOTIA POWER INCORPORATED (NS Power) for approval of Weighted Average Cost of Capital and Allowance for Funds Used During Constructions Rates for 202...

AI summary Nova Scotia Power Inc. (NS Power) seeks approval for Weighted Average Cost of Capital and Allowance for Funds Used During Constructions Rates for 2025 under the Public Utilities Act. The proceeding is before Bruce H. Fisher, a regulatory board member.

NOVA SCOTIA UTILITY AND REVIEW BOARD IN THE MATTER OF: The Public Utilities Act, RSNS 1989, c.380, as amended - and - IN THE MATTER OF: An application by Nova Scotia Power Incorporated (NS Power) for approval of Weighted Average Cost of Ca...

AI summary Nova Scotia Power Incorporated (NS Power) has applied for approval of Weighted Average Cost of Capital and Allowance for Funds Used During Construction Rates for 2025 under the Public Utilities Act, RSNS 1989, c.380, as amended.

NOVA SCOTIA UTILITY AND REVIEW BOARD IN THE MATTER OF: The Public Utilities Act - and - IN THE MATTER OF: An application by Nova Scotia Power Incorporated (NS Power) for approval of Weighted Average Cost of Capital and Allowance for Funds...

AI summary Nova Scotia Power Incorporated (NS Power) has applied for approval of Weighted Average Cost of Capital and Allowance for Funds Used During Construction Rates for 2025 under the Public Utilities Act. The Nova Scotia Utility and Review Board is overseeing the proceeding.

NOVA SCOTIA UTILITY AND REVIEW BOARD IN THE MATTER OF: The PUBLIC UTILITIES ACT -and- IN THE MATTER OF: An Application by NOVA SCOTIA POWER INCORPORATED for approval of Weighted Average Cost of Capital and Allowance for Funds Used During C...

AI summary The Nova Scotia Utility and Review Board is considering an application by Nova Scotia Power Incorporated under the Public Utilities Act for approval of Weighted Average Cost of Capital and Allowance for Funds Used During Construction Rates for 2025.

NOVA SCOTIA UTILITY AND REVIEW BOARD IN THE MATTER OF: THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF: AN APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of its WACC and AFDUC Rates Application for 2025 INFORMATION REQUESTS T...

AI summary Nova Scotia Utility and Review Board is requesting information from Nova Scotia Power Incorporated regarding their 2025 WACC and AFDUC Rates Application. Responses are due by January 30, 2025, with contact details provided for follow-up.

3. Use of WACC/AFUDC Rate for Non-Capital Deferrals The Application indicates that NS Power intends to continue to apply the WACC/AFUDC to its noncapital deferrals. The issue of whether the WACC is the proper interest rate for non-capital...

AI summary NS Power seeks to continue using WACC/AFUDC for non-capital deferrals. The Board previously addressed this in proceeding M11912, with a plan to establish a generic proceeding under s. 64AB of the Public Utilities Act. The Consumer Advocate will participate in future proceedings and submit further comments.

IN THE MATTER OF THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF AN APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of its 2025 pre-tax WACC/AFUDC Rate for both capital and non-capital matters BEFORE: Bruce H. Fisher, MPA, CPA...

AI summary Nova Scotia Power Incorporated seeks approval for its 2025 pre-tax WACC/AFUDC Rate under the Public Utilities Act. The proceeding is before Bruce H. Fisher, a regulatory board member, who will assess the application for both capital and non-capital matters.