N-12025 WACC and AFUDC Rates Application - Redacted
4 passages
WACC and AFUDC Rate Application CONFIDENTIAL (ATTACHMENT ONLY) - 1 The proposed WACC/AFUDC rate is supported by the information contained in Appendix A . - 2 Appendix A provides the forecast cost of capital for NS Power in 2025, including...
AI summary NS Power proposes a 6.66% WACC/AFUDC rate for 2025, supported by Appendix A and the Board's 2018 methodology. They reference M08416 and M08876, aligning debt and interest rates with FOR-10 and FOR-11.
1 2.0 FINANCING OUTLOOK & METHODOLOGY 2 - 3 NS Power is an asset intensive business that owns and operates many large facilities and systems. - 4 As a result, the Company's financing costs are significant. To minimize these costs, it is es...
AI summary NS Power requires diverse financing to manage costs and ensure cost-effective service. They request a 6.66% WACC/AFUDC rate for 2025, using past methodologies and a 40% equity ratio as per Board Order M10431.
REDACTED 2025 WACC AFUDC Application - Appendix A Page 2 of 6 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Nova Scotia Power Inc. CS-1-3 Capital Structure and Ratios Year Ended December 31st Millions of Dollars
AI summary The document is part of Nova Scotia Power Inc.'s 2025 WACC and AFUDC application, focusing on capital structure and financial ratios for the year ended December 31st. It includes a table detailing capital structure data.
2025 Budget (1) (2) (3) (4) (5) Proposed Rates Actual Interest Projected Interest Weighted Average Interest Total Interest 2025 Rate Rates Rate Cost Capitalization: Debt % 60.0% Common % 40.0% Total Regulated Capitalization ($): $6,002 Fin...
AI summary The 2025 Budget outlines the proposed capitalization structure, financial ratios, and details of debt for the entity. It includes a breakdown of short-term and long-term debt, interest rates, and total interest costs. The debt composition includes multiple series with varying maturity dates and interest rates, along with forecasted issuance from the Canada Infrastructure Bank.
N-4NSPI (NSUARB) RIR - 1 to 12 - Redacted
5 passages
2025 Budget 1 (1) (2) (3) (4) (5) (6) (7) (8) 2 2025 Cost Cost Weighted Weighted Average Capital Pre-tax After-tax Pre-tax After-tax 3 Opening Closing Capital Ratio Factor Factor Cost Cost 4 5 Estimated Cost of Capital 6 7 Short-term debt...
AI summary The document provides an overview of the 2025 budget, focusing on the estimated cost of capital, including details on short-term and long-term debt, common equity, and weighted average costs. It includes figures for opening and closing balances, capital ratios, and cost factors.
REDACTED 2025 WACC and AFUDC Rates NSUARB IR-2 Attachment 1 Page 2 of 6 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Nova Scotia Power Inc. CS-1-3 Capital Structure and Ratios Year Ended December 31st Millions of Dollars
AI summary Nova Scotia Power Inc. (NSP) submitted its 2025 Weighted Average Cost of Capital (WACC) and Allowance for Funds Used During Construction (AFUDC) rates to the Nova Scotia Utility and Review Board (NSUARB) as part of IR-2 Attachment 1. The document includes a redacted table detailing NSP's capital structure and financial ratios for the year ended December 31.
REDACTED 2025 WACC and AFUDC Rates NSUARB IR-2 Attachment 1 Page 4 of 6 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Nova Scotia Power Inc. Details of Long-Term Debt Interest Calculation Year Ended December 31st Millions of Dollars
AI summary The document is part of a Nova Scotia regulatory proceeding involving Nova Scotia Power Inc.'s 2025 Weighted Average Cost of Capital (WACC) and Allowance for Funds Used During Construction (AFUDC) rates. It includes a table detailing long-term debt interest calculations for the year ended December 31, 2025, as part of the NSUARB IR-2 Attachment 1.
REDACTED 2025 WACC and AFUDC Rates NSUARB IR-2 Attachment 1 Page 5 of 6 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Nova Scotia Power Inc. Details of Short-Term Debt Interest Calculation Year Ended December 31st Thousands of Dollars
AI summary The document details Nova Scotia Power Inc.'s short-term debt interest calculations for the year ended December 31, 2025, as part of the NSUARB IR-2 proceeding. It focuses on WACC and AFUDC rate determinations, though specific figures are redacted due to confidentiality.
PARTIALLY CONFIDENTIAL (Attachment Only) 1 Confidential Attachment 1 showing the Company's cost of capital and forecast capital 2 structure using the unadjusted equity ratio as per the 2025 Budget. Date Filed: January 30, 2025 NSPI (NSUARB...
AI summary Confidential attachment from NSPI (Nova Scotia Power Inc.) detailing cost of capital and forecast capital structure using the 2025 Budget's unadjusted equity ratio, filed with NSUARB on January 30, 2025.
N-5NSPI (SBA) RIR - 1 to 3
3 passages
Financial Information 12 mos. ended Sep. 30 For the year ended December 31 2024 2023 2022 2021 2020 2019 Cash flow/total debt (%) 10.7 9.9 9.8 12.9 12.6 14.4 Total debt in capital structure (%)1 64.5 66.3 69.9 66.3 66.6 62.4 EBIT gross int...
AI summary The table presents financial metrics for a company over multiple years, including cash flow to total debt ratios, total debt in capital structure percentages, and EBIT gross interest coverage multiples from 2019 to 2024. Data shows trends in liquidity, leverage, and interest coverage over time.
Page 12 of 13 Assessment of Regulatory Framework Page 12 of 13 Criteria Score Analysis Page 12 of 13 1. Deemed Equity Page 12 of 13 Page 12 of 13 Excellent Good Satisfactory Below Average Poor NSPI's target-regulated ROE is based on an act...
AI summary The document evaluates the regulatory framework for NSPI, highlighting aspects such as deemed equity, allowed ROE, fuel cost recovery, and political interference. Bill 212 is noted for capping equity and ROE, introducing volatility, and limiting rate increases. The NSUARB's role in auditing fuel costs and disallowing some recovery is also discussed.
Capital structure As of Sept 30, 2024, Emera's consolidated capital structure consists of close to C$18.7 billion of long- and short-term debt, C$2.3 billion of junior subordinated notes, and C$1.4 billion of preferred stocks.
AI summary As of September 30, 2024, Emera's consolidated capital structure includes approximately C$18.7 billion in long- and short-term debt, C$2.3 billion in junior subordinated notes, and C$1.4 billion in preferred stocks.