Topic:"Rate Base" in M12719

March 11, 2026 Crystal Henwood Clerk of the Board Nova Scotia Energy Board 1601 Lower Water Street, 3rd Floor Halifax, NS B3J 3S3 Re: Fourth Quarter 2025 Capital Reports Dear Ms. Henwood: Capital Reports In this package are the 4th Quarter...

AI summary The Fourth Quarter 2025 Capital Reports detail capital expenditures, active projects, deferred/cancelled projects, and unapproved spending under the 2025 ACE Plan. Reports include compliance with the Board's 2009 ACE Plan Order and NS Power's 2016 ACE Plan commitments.

the 2016 ACE Plan stakeholder engagement process.) - Report 5 Q4 Requirement Only Unapproved Spending Report. This report includes all projects that have been removed from rate base per the conditions established and approved in the CEJC a...

AI summary The text discusses NS Power's 2016 ACE Plan stakeholder engagement and reporting requirements for unapproved capital spending, including adjustments to rate base per CEJC and Accounting Policy 1520. It references Board directives from 2012, 2017, and 2019, including a $1M approval threshold effective 2019, and cites M08013 – IR‐9 as a key reference.

As of December 31, 2025 This report includes all projects that have been removed from rate base per the conditions as established and approved in the CEJC and Accounting Policy 1520 - Rate Base, and their associated 2025 Income Statement i...

AI summary This report outlines capital items with unapproved plant in service above the $1,000,000 threshold, as established by the Board. It includes amendments related to the 'Forgone Earning Potential' column and the approval threshold change effective October 30, 2019.

(2) Capital Spend above $1,000,000 ($250,000 prior to October 30, 2019) associated with a preliminary engineering project that has been inactive (i.e. no internal or external engineering or scoping work, exceeding $10,000, being carried ou...

AI summary The document outlines capital spend details for a hydro plant project, including unapproved depreciation and interest expenses, and potential impacts on the 2025 income statement. The project, titled 'WRC LEM Penstock Intake,' has a threshold of $1,000,000 and a balance of $206,698, with a potential 2025 impact of $5,891.

Unapproved Spending Over $1M As of December 31, 2025 This report includes all capital projects greater than $1 million that are within the rate base thresholds as established and approved in the CEJC and Accounting Policy 1520 - Rate Base,...

AI summary This report details unapproved capital projects over $1M as of December 31, 2025, that are within rate base thresholds established by the CEJC and Accounting Policy 1520. It was included in compliance with a letter from the NSEB dated August 30, 2017 (M07568).

Note 2: This report has been amended to reflect the new Board approval threshold of $1,000,000, effective October 30, 2019. T

AI summary This note indicates that the report has been updated to reflect a new Board approval threshold of $1,000,000, effective October 30, 2019.

This report includes all capital projects greater than $1 million that are within the rate base thresholds as established and approved in the CEJC and Accounting Policy 1520 - Rate Base, that have not been approved by the Board at December...

AI summary This report lists capital projects over $1 million within approved rate base thresholds, excluding those approved by the Board by December 31, 2025. It differs from the Unapproved Spending report, which includes projects removed from the Rate Base. The report was included in compliance with a letter from the NSEB dated August 30, 2017 (M07568).