Nova Scotia Energy Board IN THE MATTER OF The Public Utilities Act, R.S.N.S. 1989, c.380, as amended
AI summary This document initiates a regulatory proceeding under the Public Utilities Act in Nova Scotia. It sets the context for the proceeding and references relevant legislation.
APPLICABILITY The Securitization Cost Recovery Rider (SECRR) is non-bypassable, is imposed on, and is part of, all customer bills, and shall be collected in accordance with a Financing Order issued pursuant to section 35G of the Public Uti...
AI summary The Securitization Cost Recovery Rider (SECRR) is a non-bypassable charge applied to all customer bills from NS Power, regardless of whether customers switch to alternative suppliers. It is enforced under a Financing Order from the Public Utilities Act.
This tariff is only available to customers employing electric-based heating systems utilizing Electric Thermal Storage (ETS) equipment, and electric in-floor radiant heating systems utilizing thermal storage, and appropriate timing and con...
AI summary The tariff is restricted to customers using specific electric heating systems and is available for domestic use in private residences. It may also apply to outbuildings on residential property under certain conditions, as outlined in the Public Utilities Act.
Licenced Retail Supplier (LRS) : A Retail Supplier who: - (a) holds a valid Retail Supplier Licence; and - (b) has a valid LRS Participation Agreement executed with NS Power. For certainty, a Wholesale Customer is not a Licenced Retail Sup...
AI summary The text defines key terms related to Licensed Retail Suppliers (LRS), including the requirements for holding a retail supplier licence and entering into an LRS Participation Agreement with NS Power. It also outlines regulatory frameworks, such as the NS Power Regulations and Open Access Transmission Tariff, and provides definitions for terms like 'Real Power Losses' and 'Renewable Low-Impact Electricity'.
ced in the utility industry with respect to power generation, delivery, purchase and sale. Licenced Retail Supplier (LRS) : A Retail Supplier who: - (a) holds a valid Retail Supplier Licence; and - (b) has a valid LRS Participation Agreeme...
AI summary The text defines key terms related to the utility industry in Nova Scotia, including Licenced Retail Suppliers, NS Power, and various regulatory frameworks such as the Open Access Transmission Tariff and Renewable Electricity Regulations.
Licenced Retail Supplier (LRS) : A Retail Supplier who: - (a) holds a valid Retail Supplier Licence; and - (b) has a valid LRS Participation Agreement executed with NS Power. For certainty, a Wholesale Customer is not a Licenced Retail Sup...
AI summary The text defines a Licensed Retail Supplier (LRS) and related terms, including the LRS Participation Agreement, NS Power, and the Open Access Transmission Tariff (OATT). It outlines the requirements for being an LRS, the role of NS Power, and references regulatory frameworks such as the Public Utilities Act and Renewable Electricity Regulations.
Licenced Retail Supplier (LRS) : A Retail Supplier who: - (a) holds a valid Retail Supplier Licence; and - (b) has a valid LRS Participation Agreement executed with NS Power. For certainty, a Wholesale Customer is not a Licenced Retail Sup...
AI summary The document defines key terms related to Licensed Retail Suppliers (LRS) in Nova Scotia, including licensing requirements, agreements with NS Power, and definitions of renewable low-impact electricity. It also references regulatory frameworks and tariffs approved by the Board.
Dear Vivek Sood: In order to manage sharp increases to electricity costs for Nova Scotians, the Government of Nova Scotia has continued its engagement with Nova Scotia Power and other relevant stakeholders to develop an approach that would...
AI summary The Government of Nova Scotia is engaging with Nova Scotia Power and stakeholders to develop a financing order for securitization of prematurely retired coal assets. The process involves enacting regulations under the Public Utilities Act and providing a provincial indemnity to secure favorable credit ratings for bonds issued to securitize costs.
NOVA SCOTIA ENERGY BOARD NOTICE OF PUBLIC HEARING Application by Nova Scotia Power Incorporated For Approval of a Financing Order authorizing the securitization of $1 billion in costs, collected through a Securitization Cost Recovery Rider...
AI summary Nova Scotia Power Incorporated has applied for approval to securitize $1 billion in costs through a Securitization Cost Recovery Rider. The costs include asset retirement, fuel and purchased power under-recoveries, and deferral account balances. The application is filed under the Public Utilities Act and Financing Orders and Securitized Bonds Regulations.
NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: The Public Utilities Act, R.S.N.S. 1989, c.380 as amended IN THE MATTER OF: The Financing Orders and Securitized Bonds Regulations
AI summary The document pertains to a regulatory proceeding under the Public Utilities Act and the Financing Orders and Securitized Bonds Regulations in Nova Scotia.
Request IR-5: Section 2.3 PHP Deferral proposes that $12.2 million as of December 31, 2026 is proposed for securitization made up of the actual deferral account balance as at August 30, 2026; the forecast deferrals from September 1, 2026 t...
AI summary Request IR-5 seeks clarification on NSPI's proposal to securitize a PHP deferral balance, including the timing of the deferral balance reference, the interest portion, and the justification for securitizing accrued interest under the Public Utilities Act.
Request IR-6: Section 2.4 IESO Deferral states that $20.2 million as of December 31, 2026 is proposed for securitization made up of the actual deferral account balance as at August 30, 2026; the forecast deferrals from September 1, 2026 th...
AI summary The document requests clarification on the proposed securitization of $20.2 million as of December 31, 2026, including the reference date for the deferral account balance and the treatment of accrued interest under the Public Utilities Act.
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