Nova Scotia Energy Board IN THE MATTER OF The Public Utilities Act, R.S.N.S. 1989, c.380, as amended
AI summary The Nova Scotia Energy Board is addressing a regulatory proceeding under the Public Utilities Act, R.S.N.S. 1989, c.380, as amended. The document establishes the legal context for the proceeding but does not yet detail specific issues, arguments, or decisions.
The above excerpt is consistent with NS Power's position on the future amortization periods and amounts associated with costs within the DDA. NS Power believes the amortization schedule for these costs is best determined at a future date,...
AI summary NS Power advocates deferring decisions on future amortization periods for DDA costs until more data is available. It emphasizes securitization for coal asset recovery, citing the 2024 Energy Reform Act's amendments to the Public Utilities Act, which enable securitization under new section 35G. NS Power argues securitization benefits customers and aligns with legislative intent, though implementation remains pending.