Topic:"Public Utilities Act Nova Scotia" in M12779

Matter: NSP Maritime Link (NSPML) - Audited Financial Statements - December 31, 2025 and 2025 Cost Containment Report

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Public Utilities Act Nova Scotia across all matters →

N-42025 Cost Containment Report 1 passage

2.0 BACKGROUND p. pp. 2-3

2.0 BACKGROUND In its 2021 Interim Assessment Decision (M09810), the Board directed NSPML to track its O&M cost containment and reduction initiatives and report on these measures in its annual financial reporting to the Board. NSPML contin...

AI summary The document outlines NSPML's commitment to cost containment and operational efficiency, referencing the Board's 2021 Interim Assessment Decision (M09810) and NSPML's adherence to Good Utility Practice. NSPML is required to report on O&M cost reduction initiatives and must seek NSEB approval for capital expenditures over $1 million, as mandated by the Public Utilities Act.

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