Topic:"Rate Base" in M12779

Regulatory Matters Regulatory accounting applies where rates are established by, or subject to approval by, an independent third-party regulator. The rates are designed to recover prudently incurred costs of providing the regulated product...

AI summary Regulatory accounting ensures rates recover prudently incurred costs, with regulatory assets deferred if recovery is probable. Management asserts existing assets are recoverable based on regulatory precedent, and notes refer to additional details.

Refund of prior year assessments to NSPI On November 29, 2024, the NSEB approved NSPML's application for the creation of a $500 million regulatory asset relating to a refund to NSPI for a portion of previous NSPML assessment payments to he...

AI summary The NSEB approved the creation of a $500 million regulatory asset for NSPML to refund NSPI for prior assessments related to the delayed Muskrat Falls project. The asset was amortized over 28 years, with $18.6 million amortized in 2025 and the unamortized balance at $481.4 million as of December 31, 2025.

Other Regulatory Assets

AI summary The section 'Other Regulatory Assets' is mentioned in the context of Nova Scotia regulatory proceedings, though no detailed content or analysis is provided in the given text. Key entities and acronyms related to regulatory and accounting frameworks are referenced.

NSP Maritime Link Inc. millions of Canadian dollars 2025 Rate Base Cash Restricted Cash 15.3 Due from related parties 0.3 Regualtory Assets 39.8 1.3 1.3 Note 3 Other current assets 1.1 Total current assets 57.8 Accumulated Depreciation (39...

AI summary The document provides a financial overview of NSP Maritime Link Inc. in 2025, detailing assets, liabilities, equity, and depreciation. Key items include regulatory assets, accumulated depreciation, and long-term debt. The note references an approved depreciation study.

M12779 – NSP Maritime Link Inc. (NSPML) - 2025 Financial Statements and Cost Containment Report Nova Scotia Power Maritime Link filed its 2025 Audited Consolidated Financial Statements on March 31, 2026. NSPML also filed its 2025 Regulated...

AI summary NSP Maritime Link Inc. (NSPML) submitted its 2025 financial statements and cost containment report. The Board reviewed the filings and accepted confidentiality requests for certain responses to information requests. The Board confirmed the offsetting of future income tax regulatory assets and deferred income taxes, noted NSPML's regulated return on equity, and acknowledged a minor variance in equity thickness. The Board also accepted NSPML's proposal to integrate cost containment reporting into future assessment applications.