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Topic/Matter Intersection

Topic:"Rate Design" in M12451

Matter: Nova Scotia Power Inc. - 2026 General Rate Application (GRA)
1788 passages 136 documents

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N-1Letters of Comment - Redacted 10 passages
\ \ EXTERNAL EMAIL / COURRIEL EXTERNE \ \ p. pp. 10-17
\ \ EXTERNAL EMAIL / COURRIEL EXTERNE \ \ Exercise caution when opening attachments or clicking on links / Faites preuve de prudence si vous ouvrez une pièce jointe ou cliquez sur un lien Sir , I have heard the ns power board is looking to...

AI summary A Nova Scotian resident criticizes Nova Scotia Power (NSP) for requesting a 2.5% rate increase amid personal financial hardship, including data breaches and poverty. They argue that consumers should not bear the cost of NSP's corporate failures, demanding accountability and rejecting further financial burden.

Good afternoon p. p. 10
Good afternoon I am writing to oppose this rate increase in its entirety. As one of those affected by the recent cyber security breach at NSP, I feel that we the customers are being asked to cover the cost of NSP's complete and utter lack...

AI summary Nancy Selig opposes a rate increase by NSP, citing a cybersecurity breach and lack of due diligence. She argues customers should not bear costs of NSP's failures, highlighting the company's monopoly and inadequate security measures. Selig emphasizes that customers have no alternative power suppliers and criticizes NSP's prioritization of executive bonuses over reliable service.

\ \ EXTERNAL EMAIL / COURRIEL EXTERNE \ \ p. p. 10
\ \ EXTERNAL EMAIL / COURRIEL EXTERNE \ \ Exercise caution when opening attachments or clicking on links / Faites preuve de prudence si vous ouvrez une pièce jointe ou cliquez sur un lien Hello, I wish to complain to the rate hike you agre...

AI summary Steve writes to express concern over Nova Scotia Power's rate hike, arguing that increased costs should be shared by shareholders, not solely taxpayers. He advocates returning NSP to a crown corporation. The email is forwarded by Sandra LeBlanc with a subject referencing a grievance about NS power rates.

\ \ EXTERNAL EMAIL / COURRIEL EXTERNE \ \ p. p. 10
\ \ EXTERNAL EMAIL / COURRIEL EXTERNE \ \ Exercise caution when opening attachments or clicking on links / Faites preuve de prudence si vous ouvrez une pièce jointe ou cliquez sur un lien On Thu, Sep 4, 2025 at 6:17 PM Sandra LeBlanc wrote...

AI summary Sandra LeBlanc opposes Nova Scotia Power's proposed rate increase, citing unaffordability for low-income individuals and its impact on families fleeing abusive households. She argues the hike will deter vulnerable populations from seeking safety and comfort due to financial constraints.

\ \ EXTERNAL EMAIL / COURRIEL EXTERNE \ \ p. p. 10
\ \ EXTERNAL EMAIL / COURRIEL EXTERNE \ \ Exercise caution when opening attachments or clicking on links / Faites preuve de prudence si vous ouvrez une pièce jointe ou cliquez sur un lien To Whom It May Concern, I am writing to formally ex...

AI summary The email opposes Nova Scotia Power's proposed rate increases, citing affordability concerns, lack of infrastructure improvements, and opposition to electric vehicle subsidies. It argues that rate hikes risk deepening energy poverty and demands evidence of responsible management and sustainable energy progress. The matter number M12451 is referenced.

5) The case for public control p. p. 10
5) The case for public control Electricity is a public necessity. Given the high rates, fossil-fuel reliance, cybersecurity lapses, and reliability shortfalls, I believe the Province should bring Nova Scotia's electric utility under public...

AI summary The text argues that Nova Scotia's electric utility should be under public ownership due to high rates, fossil-fuel reliance, cybersecurity issues, and reliability problems. The author emphasizes public interest over shareholder returns. The email chain includes multiple participants but lacks direct references to regulatory matters.

Hi Lisa p. pp. 17-23
Hi Lisa Yes.. The real focus is that NSP is not following approved % rates with the OFF PEAK %.. They are EXCEEDING THE APPROVED % and have for 16 of last 19 years.. Sure appears sneeky to me.... But if you believe thats OK, please advise....

AI summary Peter alleges that Nova Scotia Power (NSP) has exceeded approved off-peak rate percentages for 16 of the last 19 years, violating regulatory approvals. He questions the legitimacy of this practice and seeks clarification.

Re: M12451 – Nova Scotia Power Inc. – 2026 General Rate Application (GRA) – Letter of Comment p. p. 23
Re: M12451 – Nova Scotia Power Inc. – 2026 General Rate Application (GRA) – Letter of Comment On behalf of the Kwilmu'kw Maw-klusuaqn Negotiation Office (KMKNO) and the Assembly of Nova Scotia Mi'kmaw Chiefs, we respectfully submit comment...

AI summary The Kwilmu'kw Maw-klusuaqn Negotiation Office (KMKNO) and Assembly of Nova Scotia Mi'kmaw Chiefs request a dedicated Mi'kmaq Rate Class under Matter M12451, citing disproportionate energy burdens from historical underinvestment, remote geography, and low incomes. They argue existing programs inadequately address unique challenges and emphasize the need for energy sovereignty and affordability.

Evidence of Disproportionate Energy Burden p. p. 23
Evidence of Disproportionate Energy Burden - Mi'kmaq households consistently spend a larger share of income on electricity than non-Indigenous households. - Weatherization and Demand Side Management (DSM) programs have historically underse...

AI summary Mi'kmaq households face disproportionate energy burdens due to higher electricity costs, underserved weatherization and Demand Side Management (DSM) programs, and the inability of Band facilities to reduce consumption without harming community services. Rate increases exacerbate these issues through non-linear impacts.

Regulatory Justification for a Mi'kmaq Rate Class p. p. 23
Regulatory Justification for a Mi'kmaq Rate Class The Nova Scotia Energy Board has the authority to approve differentiated rate classes where materially different circumstances exist among customer groups. - Mi'kmaq communities meet all te...

AI summary The Nova Scotia Energy Board is urged to create a Mi'kmaq Rate Class due to unique socio-economic, geographic, and historical circumstances of Mi'kmaq communities. This rate class would address energy poverty, enhance equity in DSM programs, and align with reconciliation principles. The proposal is supported by public interest benefits, including reduced arrears and community resilience, under Matter M12451.

N-3Direct Evidence - General Rate Application 33 passages
Nova Scotia Energy Board p. p. 15
Nova Scotia Energy Board IN THE MATTER OF The Public Utilities Act, R.S.N.S. 1989, c.380, as amended - and - IN THE MATTER OF an Application by Nova Scotia Power Incorporated for Approval of Certain Revisions to its Rates, Charges, and Reg...

AI summary The Nova Scotia Energy Board is considering an application by Nova Scotia Power Incorporated to revise its rates, charges, and regulations under the Public Utilities Act. The proceeding involves regulatory approval for proposed changes to the utility's pricing structure.

2026-2027 General Rate Application M12451 p. p. 15
2026-2027 General Rate Application M12451 Partially Confidential (Attachments Only) September 18, 2025

AI summary The document titled '2026-2027 General Rate Application M12451' is marked as partially confidential, with attachments. It was submitted on September 18, 2025, and pertains to a regulatory proceeding involving rate applications for the specified period.

Support for 2026-2027 GRA p. p. 15
Support for 2026-2027 GRA - Further to the letter filed with the Nova Scotia Energy Board (NSEB or Board) on September 2, - 2025, Nova Scotia Power Incorporated (NS Power or Company) is filing this General Rate - Application for 2026-2027...

AI summary Nova Scotia Power Incorporated (NS Power) submits a 2026-2027 General Rate Application (GRA) supported by customer representatives after a collaborative process. The GRA is based on a Cost-of-Service Study (COSS) and excludes cybersecurity attack costs. It reflects negotiated outcomes with reduced costs due to regulatory efficiencies.

Overview of 2026-2027 GRA p. p. 15
Overview of 2026-2027 GRA - NS Power submits this GRA to the Board to request approval of revenue requirements for the - utility and request adjustments to electricity rates for 2026 and 2027, effective January 1, 2026 - and 2027. - The NS...

AI summary NS Power seeks approval for 2026-2027 rate increases (1.8% and 2.4%) to fund system reliability, resilience, and decarbonization goals. Residential rates would rise 3.8% and 4.1%, while industrial rates decrease. The proposal emphasizes cost-effectiveness, citing benchmarking showing NS Power's costs align with industry norms. The application aims to balance reliability, affordability, and customer needs amid rising costs.

Roadmap of the Application p. p. 15
Roadmap of the Application - This application is organized into several key components, each critical to determining the - proposed rate adjustments: - 1. Status of Prior GRA-Related Directives: An update on the various directives from the...

AI summary The application outlines components for determining rate adjustments, including prior GRA directives, load forecasts, fuel costs, operating expenses, depreciation, rate base, capital structure, revenue requirements, cost-of-service studies, rate design, proposed rates, and regulatory changes. NS Power collaborates with customer advocates to balance affordability, reliability, and clean energy goals.

2 Electricity Rate Impact p. p. 15
2 Electricity Rate Impact - 3 In this GRA, Nova Scotia Power is forecasting and seeking approval for a total revenue - 4 requirement of $2.0 billion in 2026 and $2.0 billion in 2027. As previously noted, the rates that - 5 are being applie...

AI summary Nova Scotia Power's GRA seeks approval for $2.0 billion revenue requirements in 2026 and 2027, leading to average rate increases of 1.8% and 2.4% respectively, though some customer classes will see rate decreases. Figure 2-1 details the breakdown by customer class.

3 Figure 2-2 – 2026 Proposed Rate Summary p. p. 18
3 Figure 2-2 – 2026 Proposed Rate Summary Proposed Rate Changes Units Current 2025 Proposed for 2026 Percentage Change DSM Rider ¢/kWh 0.646 0.646 0.0 Large General Tariff Demand Charge $/kVA 11.201 11.201 0.0 Energy Charge ¢/kWh 11.397 10...

AI summary The document presents a summary of proposed rate changes for 2026, showing no changes in DSM Rider rates across various tariff categories, while energy and demand charges show both increases and decreases across different customer segments.

Preamble p. pp. 27-85
- 5 increase in FAM customer rates from 2026 and a reduction of 1.7 percent in 2027. - 6 The price of commodities continues to be volatile, and NS Power will continue to mitigate the - 7 price fluctuations through hedging to provide value...

AI summary NS Power proposes a 5% increase in FAM customer rates in 2026 and a 1.7% reduction in 2027, citing commodity price volatility and the use of hedging strategies to manage price fluctuations. The hedging program and related documents are detailed in several appendices and filings, with a minor administrative update to the Fuel Manual's preamble.

7 OPERATING COSTS p. p. 30
7 OPERATING COSTS

AI summary Section 7 of the regulatory proceeding document outlines operating costs, referencing key acronyms such as FFO, CFFO, and DBRS. It highlights the involvement of entities like the Nova Scotia Energy Board (NSEB) and programs including the Fuel Adjustment Mechanism (FAM). The section sets context for cost analysis and regulatory considerations.

Depreciation Study p. p. 30
Depreciation Study - NS Power owns significant assets, referred to as Plant, which were placed into service at different - times. The Company is permitted to recover its prudently incurred costs, which include - depreciation costs over the...

AI summary NS Power's depreciation study outlines its use of straight-line depreciation to recover asset costs over estimated useful lives. The last update was in 2011 via a settlement agreement. The Board directed a new study in the 2023/2024 GRA, with Gannett Fleming's report included as Appendix 8A. Categories of Plant include generation, transmission, and distribution assets.

Amortization Accounting for General Plant Assets p. p. 40
Amortization Accounting for General Plant Assets - The Depreciation Study also proposes the adoption of Amortization Accounting for five General - Plant accounts, discussed in Part V of the Gannett Flemming Report, Appendix 8A . Amortizati...

AI summary NS Power proposes adopting Amortization Accounting for five General Plant accounts, referencing Appendix 8A of the Gannett Flemming Report. Previous adoption was blocked by the Settlement Agreement, which only approved rates. If approved in this GRA, Amortization Accounting would retire vintaged assets, leading to a $600,000 annual depreciation expense and a reserve imbalance charge.

Additions to Plant p. p. 40
Additions to Plant - In 2026, depreciation and accretion expense is forecast to increase by $2.5 million over the 2024 - GRA Compliance Filing. In 2027, depreciation and accretion expense is forecast to increase by - $18.4 million from the...

AI summary The document discusses NS Power's capital expenditures and depreciation forecasts for 2026 and 2027, highlighting increases due to updated depreciation rates and capital additions. These investments aim to improve reliability, ensure safe service delivery, and meet decarbonization targets. The capital plan aligns with the 80% Renewable Electricity Standard and coal phase-out by 2030.

Figure 9-4 – Retired Assets Continuity Schedule p. pp. 55-57
Figure 9-4 – Retired Assets Continuity Schedule ($ million) 2025 2026 2027 Beginning Period Balance - 6.5 5.2 Additions Roseway Hydro 4.8 - - Smart Grid NS 1.7 - - Annapolis Tidal - - 25.8 Total Additions 6.5 - 25.8 Amortization Roseway Hy...

AI summary Figure 9-4 presents a Retired Assets Continuity Schedule detailing additions and amortization of retired assets from 2025 to 2027, including Roseway Hydro, Smart Grid NS, and Annapolis Tidal. The section also introduces the Decarbonization Deferral Account (DDA) in 9.2.5.7.

Overview p. pp. 59-77
Overview - NS Power is a capital-intensive business with an obligation to serve its customers. The Company - requires a significant amount of capital to invest in generating plants, transmission and distribution - equipment and supporting...

AI summary NS Power, a capital-intensive utility, requires significant investment in infrastructure and faces financing costs from debt and equity. The company seeks to balance customer affordability with financial health, proposing a 9.0% ROE and 40% equity ratio, despite Concentric Energy Advisors' recommendation of 9.9% ROE and 45% equity. The discussion includes infrastructure investments, capital structure, and cost-of-capital considerations.

10.2.1 Debt/Equity Ratio p. pp. 59-62
10.2.1 Debt/Equity Ratio The capital structure is the combination of the debt and equity used by NS Power to finance its overall operations and rate base. Debt is the long-term and short-term financing provided by commercial lenders and in...

AI summary NS Power's capital structure includes a 40% approved equity ratio, with 60% debt. Concentric Evidence suggests increasing the equity ratio to 45%, aligning NSPI with Canadian peers like Newfoundland Power and below U.S. averages. This adjustment considers NSPI's risk profile and financing costs.

Requested Capital Structure and Cost of Capital p. pp. 68-70
utilities. In particular, factors contributing to this greater business risk include: 1) NSPI's ownership of regulated generation assets, - and the need to transition from coal and gas-fired generation toward more - renewable resources by...

AI summary NSPI faces higher business risks due to regulated generation transition, volumetric risks, weather exposure, DSM targets, and political intervention. The Concentric Evidence suggests a 9.9% required ROE for NSPI, but NSPI requests maintaining its 9.0% ROE to mitigate customer rate impacts. The analysis compares North American and Canadian proxy group averages.

CUSTOMERS FOR RECOVERY IN A FUTURE PROCEEDING. RATE DESIGN p. p. 77
CUSTOMERS FOR RECOVERY IN A FUTURE PROCEEDING. RATE DESIGN

AI summary The document discusses considerations for customers in recovery processes within a future regulatory proceeding, focusing on rate design implications. Key entities and acronyms related to energy regulation and financial metrics are referenced, with potential implications for rate structures and customer impact.

Update to Domestic Service and Small General Customer Charges p. p. 77
Update to Domestic Service and Small General Customer Charges - In the 2023-2024 GRA, NS Power proposed to increase the customer charge for Domestic Service - and Small General customer classes to better align with rates which reflect the...

AI summary NS Power proposes increasing Domestic and Small General customer charges by ~8% annually, aligning with non-fuel cost revenues. Previously, 75% of 2023-2024 GRA proposed increases were implemented via settlement. A 2026-2027 COSS analysis suggests a potential 50% jump in 2026 if charges were tied directly to customer-related costs.

Treatment of Fuel Costs p. p. 80
Treatment of Fuel Costs - As part of this GRA, the Company is seeking to update the BCF in the 2026 and 2027 test years. - Nova Scotia Power is adjusting the BCF rates in 2026 and 2027 to facilitate smoothing the overall - rate impact for...

AI summary Nova Scotia Power is adjusting the Base Cost of Fuel (BCF) for 2026 and 2027 as part of a General Rate Application (GRA) to smooth customer rate impacts. The Fuel Adjustment Mechanism (FAM) Plan of Administration (POA) mandates resetting BCF every two years through GRA or as directed by the Nova Scotia Energy Board (NSEB), with changes aligned to the Cost-of-Service Study (COSS).

DSM Rider p. pp. 80-81
DSM Rider - In the 2023-2024 GRA, the NSEB approved NS Power's application for a DSM Rider. The DSM - costs are billed as part of the energy charge on customers' bills. Since the GRA, the NSEB has - approved the DSM Rider for 2024 and 2025...

AI summary The NSEB approved the DSM Rider for 2024 and 2025, and NS Power proposes continuing to recover DSM program costs through the rider. The 2025 legislation extended the DSM Supply Agreement with EfficiencyOne, capping recoverable costs at $63.75 million. Changes to the Balance Adjustment (BA) calculation include annual volume variance adjustments and an End of Approved DSM Term Adjustment.

Storm Cost Recovery Rider p. p. 81
tal preparation, response and restoration-related costs for Level 3 and 4 storms will be eligible for inclusion in the SCRR, including: - o Storm preparedness (including crew staging and related logistics); - o Incremental wages, benefits...

AI summary The Storm Cost Recovery Rider (SCRR) outlines eligible costs for recovery following Level 3 and 4 storms, including preparedness, employee wages, external service providers, materials, and temporary repairs. Recoverable costs are capped at 2% of NS Power's forecast retail revenues, with excess costs deferred to the SCRR in the following year, and financing costs calculated using NS Power's approved Weighted Average Cost of Capital.

NS Power proposes the base rate allowances for storm restoration OM&G costs during the GRA period as set out in [Figure 13-2](#page-84-0) below. p. pp. 81-84
NS Power proposes the base rate allowances for storm restoration OM&G costs during the GRA period as set out in [Figure 13-2](#page-84-0) below. Figure 13-2 – Storm Restoration OM&G Costs (Levels 1-4) Level 1 & 2 ($ million) Level 3 & 4 ($...

AI summary NS Power is proposing base rate allowances for storm restoration OM&G costs during the GRA period, as outlined in Figure 13-2. The NSEB previously emphasized the importance of a formalized Climate Adaptation Plan to support prudency assessments in SCRR applications.

Non-Standard Meter Service (AMI) Opt-Out Fee p. p. 84
Non-Standard Meter Service (AMI) Opt-Out Fee - In January 2022, the Company filed its GRA which included a proposed AMI opt-out charge of - $3.67 per month for customers whose meters are currently read bi-monthly, and $22.01 per month - fo...

AI summary NS Power proposed an AMI opt-out fee in its GRA, but the Board did not approve it in February 2023. The Company has since addressed the Board's general direction in Appendix 13B and is now proposing a revised monthly opt-out charge schedule outlined in Figure 13-3.

Figure 13-3 – Proposed Schedule of AMI Opt-out Fee Monthly Charges for 2026 and 2027 p. pp. 84-85
Figure 13-3 – Proposed Schedule of AMI Opt-out Fee Monthly Charges for 2026 and 2027 Standard Customer Meter Proposed Opt-out Proposed Opt-out Charge Read Frequency Customer Meter Read Frequency in 2026 in 2027 Bi-monthly (6 times per year...

AI summary Figure 13-3 outlines the proposed AMI opt-out fee monthly charges for 2026 and 2027, showing different rates based on read frequency. The charges increase for bi-monthly meters and remain unchanged for monthly meters. This aligns with the 2023-2024 GRA approach.

Pole Attachment Fees p. pp. 85-86
Pole Attachment Fees - NS Power charges telecommunications carriers a rate to attach their equipment to poles owned by - NS Power (pole attachment fee). This issue was canvassed in the 2023-2024 GRA, and the - telecommunications carriers (...

AI summary NS Power charges telecommunications carriers (Eastlink, Rogers, Xplore) a pole attachment fee of $22 per pole annually, with 2% increases in 2023-2024. NS Power proposes continuing the 2% annual increase, leading to 4% in 2026 and 2% in 2027. The 2023-2024 GRA settlement agreement and NSEB Decision M10431 are referenced.

Distribution Tariff p. p. 87
Distribution Tariff - With respect to service in the Renewable to Retail Market, NS Power has reviewed and updated - charges for the distribution and retail services offered under the Distribution Tariff (DT) and - Distribution Tariff Rate...

AI summary NS Power is updating the Distribution Tariff (DT) and Distribution Tariff Rates (DTR) to address gaps in cost recovery for transmission-connected Large Industrial Rate (LIR) customers migrating to Licensed Retail Suppliers (LRS) under the Renewable to Retail (RTR) market. Proposed changes include separate charges for distribution- and transmission-connected customers and inclusion of Storm Cost Recovery Rider (SCRR) and Demand Side Management (DSM) provisions.

FAM Tariff and POA Updates to Account for Load Migrations p. p. 87
FAM Tariff and POA Updates to Account for Load Migrations - As part of its Decision and Order in the 2024 FAM AA/BA proceeding, the NSEB directed NS - Power to amend the FAM Tariff to account for customers moving out of the FAM class and b...

AI summary The NSEB directed NS Power to update the FAM Tariff to handle load migrations between FAM and non-FAM classes, including MEU and RTR Market customers. Current processes address MEU migrations but require further consideration for small RTR Market customers. Amendments to Special Condition 3 and the POA are proposed, with potential future updates for RTR-related migrations.

14 PROPOSED RATES p. p. 87
14 PROPOSED RATES

AI summary The section outlines proposed rates for a regulatory proceeding, involving entities like Nova Scotia Power Inc. and the Nova Scotia Energy Board. Key topics include rate design, fuel adjustment mechanisms, and decarbonization deferral accounts, with references to various regulatory frameworks and financial metrics.

Rate-setting Process Overview p. p. 87
Rate-setting Process Overview - Once the revenue requirement has been established, it is apportioned among rate classes based on - their usage through COSS. The COSS results provided foundation for determination of class - revenue responsi...

AI summary The rate-setting process establishes revenue requirements, apportions them among rate classes via COSS, and adjusts classes outside the 95-105 revenue-to-cost ratio band. Adjustments inform customer rate revisions, ensuring equitable revenue distribution based on usage and cost allocations.

Proposed Rates p. p. 87
Proposed Rates - In keeping with the proposed Cost of Service Study, rate design for this Application encompasses - customer, demand, and energy charges as well as specific items outlined in Section 13. - The revenue responsibilities attri...

AI summary The proposed rate design includes customer, demand, and energy charges, referencing SR-01 and OR-01 for revenue responsibilities and calculations. Figure 14-1 details percentage increases by customer class for fuel and non-fuel components.

4 Figure 14-2 – Proposed 2026 Rates p. pp. 92-94
4 Figure 14-2 – Proposed 2026 Rates Proposed Rate Changes Units Current 2025 Proposed for 2026 Percentage Change Distribution Cost Adder $/kVA 1.632 2.332 42.9 Energy Charge (Firm Transmission) ¢/kWh 10.799 10.614 -1.4 Energy Charge (Firm...

AI summary The document presents proposed rate changes for 2026 and 2027, including increases in distribution cost adders and customer charges, while some energy charges are reduced. The DSM Rider remains unchanged across all categories.

Regulations 1.1, 5.1, 7.1 and 7.3 p. p. 94
Regulations 1.1, 5.1, 7.1 and 7.3 - NS Power's updated request for an AMI opt-out fee is presented above in section 13.7. Such a - change will require an update to Regulation 1.1 as provided in PR-03 Attachments 1a and 2a, - Regulation 5.1...

AI summary NS Power seeks updates to Regulations 1.1, 5.1, 7.1, and 7.3 to incorporate AMI opt-out fees, including revised definitions, meter reading policies, and updated charge schedules. Changes are detailed in PR-03 Attachments 1a–2d.

16 RELIEF REQUESTED p. p. 94
16 RELIEF REQUESTED - NS Power seeks an order approving the following: - 1. The 2026 and 2027 revenue requirements as described in Section 11 to enable NS Power to recover the prudent and reasonable costs of providing service to customers...

AI summary Nova Scotia Power is requesting regulatory approval for various financial and operational measures, including revenue requirements for 2026 and 2027, amendments to the Fuel Adjustment Mechanism Plan of Administration, deferrals related to the Decarbonization Deferral Account and EIFEL, and updates to the Cost-of-Service Study. The request also includes continuation of the Storm Cost Recovery Rider pilot and adjustments to the Base Cost of Fuel amounts.

N-42026-2027 GRA PR 01-03 - Proposed Rates (Tariffs) 127 passages
3 Proposed Rates (Tariffs). p. p. 3
3 Proposed Rates (Tariffs). 4 5 Submission: 6 - 7 The proposed tariffs are provided as Attachment 1 (clean versions) and Attachment 2 (redline - 8 versions), as follows: 9 10

AI summary The document outlines proposed tariffs for a Nova Scotia regulatory proceeding, with clean and redline versions provided in Attachments 1 and 2. The submission includes these attachments as part of the rate proposal process.

11 Clean Versions of Tariffs for which approval is requested: p. p. 3
11 Clean Versions of Tariffs for which approval is requested: Attachment Description PR-01 Attachment 1 a Domestic Service Tariff PR-01 Attachment 1 b Domestic Service Critical Peak Pricing Tariff PR-01 Attachment 1 c Domestic Service Time...

AI summary The document lists clean and redline versions of various tariff attachments for which approval is requested, including Domestic Service, General, Industrial, and Municipal Tariffs, as well as specific riders like the Fuel Adjustment Mechanism and Demand Side Management Cost Recovery Rider.

NS Power 2026-2027 General Rate Application NON-CONFIDENTIAL PR-01 p. p. 3
NS Power 2026-2027 General Rate Application NON-CONFIDENTIAL PR-01 Attachment Description PR-01 Attachment 2 n Medium Industrial Tariff PR-01 Attachment 2 o Large Industrial Tariff PR-01 Attachment 2 p Municipal Tariff PR-01 Attachment 2 q...

AI summary NS Power is proposing 2026-2027 rate changes, including tariffs for industrial, municipal, and outdoor lighting services, along with the Fuel Adjustment Mechanism (FAM) and Demand Side Management Cost Recovery Rider (DCR). Attachments detail various rate structures and cost recovery mechanisms.

DSM COST RECOVERY RIDER p. pp. 3-143
DSM COST RECOVERY RIDER The Demand Side Management Cost Recovery Charge (in cents per kilowatt-hour) applicable to the Tariff for the current rate year, shown in the Demand Side Management Cost Recovery Rider, shall apply, in addition to t...

AI summary The Demand Side Management Cost Recovery Rider establishes a charge (in cents per kilowatt-hour) applicable to the current rate year's Tariff, to be applied in addition to the energy charge. This charge is specified within the DCR Rider framework.

STORM COST RECOVERY RIDER p. pp. 3-45
STORM COST RECOVERY RIDER Storm Cost Recovery charges or credits (in cents per kilowatt-hour) applicable to the Tariff for the current rate year, shown in the Storm Cost Recovery Rider, shall apply, in addition to the energy charge.

AI summary The Storm Cost Recovery Rider applies additional charges or credits (in cents per kilowatt-hour) to the Tariff for the current rate year, in addition to the energy charge.

AVAILABILITY p. pp. 3-45
AVAILABILITY This tariff is applicable to electric energy used by any customer in a private residence for the customer's own domestic or household use, including lighting, cooking, heating, or refrigeration purposes. Upon application to th...

AI summary The Domestic tariff applies to residential electric energy use for domestic purposes, including specific conditions for outbuildings. It distinguishes between personal and commercial use, with the Public Utilities Act, R.S.N.S. 1989, c. 380, as amended, governing its applicability.

Optional Green Power Rider p. pp. 3-9
Optional Green Power Rider Customers taking service under this rider may choose to support NSPI's Green Power program by purchasing "blocks" of Green Power. For every block purchased, NSPI will provide 125 kWh per month from green energy s...

AI summary The Optional Green Power Rider allows customers to support NSPI's Green Power program by purchasing blocks providing 125 kWh/month of green energy at $5/month, in addition to standard Domestic Service rate charges. This displaces fossil fuel energy usage.

PURPOSE p. pp. 4-116
PURPOSE This is an optional tariff designed to promote the shifting of load from peak to off-peak periods. This tariff is available to customers who are eligible for service under the Domestic Service Tariff.

AI summary An optional tariff designed to shift load from peak to off-peak periods, available to customers eligible under the Domestic Service Tariff. The purpose emphasizes load management through time-based pricing incentives.

CUSTOMER CHARGE p. p. 4
CUSTOMER CHARGE per month Effective January 1, 2026 $20.24 Effective January 1, 2027 $21.38 ENERGY CHARGE cents per kilowatt-hour During a Critical Peak Event Non-critical Peak Hours Effective January 1, 2026 183.593 15.511 Effective Janua...

AI summary The document outlines the customer charge and energy charge rates effective January 1, 2026, and January 1, 2027. The customer charge increases from $20.24 to $21.38 per month. The energy charge includes a higher rate during Critical Peak Events (183.593 cents per kilowatt-hour in 2026, 193.231 cents in 2027) compared to non-critical peak hours (15.511 cents in 2026, 16.081 cents in 2027). A Critical Peak Event is defined as a four-hour period during the winter months.

Preamble p. pp. 4-231
The Critical Peak Event pricing applies when a Critical Peak Event is called. In all other hours in the Winter Period, and for all hours in the Non-Winter Period, the rate shall be the Non-critical Peak Hours rate in the table above.

AI summary The document outlines the application of Critical Peak Event pricing, which is only applicable during a Critical Peak Event. Outside of these events, the rate defaults to the Non-critical Peak Hours rate during the Winter and Non-Winter Periods.

CRITICAL PEAK EVENT PROCEDURE p. pp. 4-22
CRITICAL PEAK EVENT PROCEDURE - (1) In the Winter Period, Critical Peak Events exclude all hours on the following holidays: January 1, Nova Scotia Heritage Day, Good Friday, Easter Monday, November 11, December 25 and December 26. If Janua...

AI summary The Critical Peak Event Procedure outlines exclusions for holidays during the Winter Period, criteria for scheduling events (e.g., high energy usage, outages), notification protocols, and rate adjustments during events. Events are limited to 18 per winter season, with specific weekday/weekend restrictions. Customers face higher charges during events and are encouraged to reduce consumption.

FUEL ADJUSTMENT MECHANISM (FAM) p. pp. 5-45
FUEL ADJUSTMENT MECHANISM (FAM) The FAM Actual Adjustment (AA) and Balance Adjustment (BA) charges or credits (in cents per kilowatt-hour) applicable to the Tariff for the current rate year, shown in the FAM Tariff, shall apply, in additio...

AI summary The Fuel Adjustment Mechanism (FAM) applies Actual Adjustment (AA) and Balance Adjustment (BA) charges or credits in cents per kilowatt-hour to the Tariff for the current rate year, in addition to the energy charge. These adjustments are outlined in the FAM Tariff.

FUEL ADJUSTMENT MECHANISM (FAM) p. pp. 7-143
FUEL ADJUSTMENT MECHANISM (FAM) The FAM Actual Adjustment (AA) and Balance Adjustment (BA) charges or credits (in cents per kilowatt-hour) applicable to the Tariff for the current rate year, shown in the FAM Tariff, shall apply, in additio...

AI summary The Fuel Adjustment Mechanism (FAM) outlines Actual Adjustment (AA) and Balance Adjustment (BA) charges or credits (in cents per kilowatt-hour) applicable to the Tariff for the current rate year, as detailed in the FAM Tariff. These adjustments apply in addition to the energy charge.

Section 42 p. pp. 11-12
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 This tariff applies to customers with electric heating systems, including Electric Thermal Storage and in-floor radiant heating, and is available for domestic use in private residences. Specific rules apply for outbuildings on residential property, depending on their primary use.

Section 67 p. pp. 18-19
- (a) The customer must commence service under this tariff on November 1st, unless NSPI grants a waiver. - (b) The customer must be equipped with a standard Smart Meter. - (c) NSPI may limit the number of customers who may subscribe to thi...

AI summary This section outlines the conditions for customers to subscribe to a specific tariff, including requirements to commence service on November 1st, the need for a Smart Meter, and restrictions on seasonal and net metering services.

DEMAND CHARGE p. pp. 21-124
DEMAND CHARGE per month per kilowatt of maximum demand Effective January 1, 2026 $9.838 Effective January 1, 2027 $10.709 32 cents per kilowatt reduction in demand charge where the transformer was owned by the customer prior to February 1,...

AI summary The document outlines the demand charge rates effective January 1, 2026, and January 1, 2027, at $9.838 and $10.709 per month per kilowatt of maximum demand, respectively. It also mentions a 32-cent reduction in demand charge per kilowatt for customers who owned transformers prior to February 1, 1974, or under Special Condition (2).

ENERGY CHARGE p. p. 21
ENERGY CHARGE cents per kilowatt-hour For the first 200 kilowatt During a hours per month per Critical Peak maximum demand after Event Critical Peak Event usage For all additional kilowatt-hours Effective January 1, 2026 143.408 12.265 10....

AI summary The document outlines the Energy Charge structure, including rates for the first 200 kilowatt-hours and additional usage during Critical Peak Events, effective January 1, 2026, and January 1, 2027. A Critical Peak Event is defined as a four-hour period during the Winter Period, between 6:00 AM and 11:00 PM.

MAXIMUM PER KWH CHARGE/MINIMUM BILL p. pp. 22-33
MAXIMUM PER KWH CHARGE/MINIMUM BILL The maximum charge per kWh, applying to that portion of the bill which is not concerned with determination of the cost of the Critical Peak Events, will be that for a billing load factor of I 0% except t...

AI summary The text outlines the maximum charge per kWh applicable to portions of the bill not related to Critical Peak Events, with a billing load factor of 100%, and specifies that the minimum monthly bill cannot be less than a defined amount.

DEMAND CHARGE p. pp. 24-132
DEMAND CHARGE per month per kilowatt of maximum demand Effective January 1, 2026 $9.838 Effective January 1, 2027 $10.709 32 cents per kilowatt reduction in demand charge where the transformer was owned by the customer prior to February 1,...

AI summary The document outlines the demand charge rates effective January 1, 2026, and January 1, 2027, at $9.838 and $10.709 per month per kilowatt of maximum demand, respectively. It also mentions a 32-cent reduction per kilowatt for customers who own transformers predating February 1, 1974, or under Special Condition (2).

The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill shall not be less than the following. p. pp. 25-125
The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill shall not be less than the following. per month Effective January 1, 2026 $22.16 Effective January 1, 2027 $23.07 AVAILABILITY CO...

AI summary The text establishes a minimum monthly bill requirement, ensuring that even with a billing load factor of 10%, customers are not charged less than specified amounts effective January 1, 2026, and January 1, 2027.

ENERGY CHARGE p. pp. 27-127
ENERGY CHARGE cents per ki cents per kilowatt-hour Non-winter Period Off-peak On-peak April 1 through October 31 9:00 PM to 7:00 AM 7:00 AM to 9:00 PM Effective January 1, 2026 11.877 14.104 Effective January 1, 2027 11.858 14.081 cents pe...

AI summary The document outlines energy charge rates for Nova Scotia Power Inc. (NSPI) during non-winter and winter periods, with distinct on-peak, mid-peak, and off-peak pricing effective January 1, 2026, and 2027. Peak rates apply on weekends and specific holidays, including January 1, Good Friday, and Christmas.

DSM COST RECOVERY RIDER p. pp. 27-143
DSM COST RECOVERY RIDER The Demand Side Management Cost Recovery Charge (in cents per kilowatt-hour) applicable to the Tariff for the current rate year, shown in the Demand Side Management Cost Recovery Rider, shall apply, in addition to t...

AI summary The Demand Side Management Cost Recovery Rider (DCR) imposes an additional charge per kilowatt-hour on the Tariff, applied alongside the energy charge. This mechanism allows Nova Scotia Power Inc. (NSPI) to recover costs associated with demand-side management programs.

DEMAND CHARGE p. pp. 30-42
DEMAND CHARGE As follows, per month per kilovolt ampere of maximum demand of the current month or the maximum actual demand of the previous December, January, or February occurring in the previous eleven (11) months.

AI summary The demand charge is calculated monthly based on the kilovolt ampere of maximum demand from the current month or the highest actual demand recorded in the previous December, January, or February over the past eleven months.

SPECIAL CONDITIONS p. pp. 33-34
SPECIAL CONDITIONS - (1) Metering will normally be at the low voltage side of the transformer. Should the customer's requirements make it necessary for the Company to provide primary metering, then the customer will be required to make a c...

AI summary The special conditions outline requirements for metering and service provisions. Metering is typically at the low voltage side, but primary metering requires customer capital contributions to cover cost differences. Adjustments to kWh readings occur at high voltage levels. Non-standard service provisions may require customer ownership of transformers. Rate Code 22 applies to specific power ranges.

MINIMUM MONTHLY CHARGE p. pp. 34-35
MINIMUM MONTHLY CHARGE The minimum monthly charge shall be as follows.

AI summary The document outlines the minimum monthly charge, though specifics are referenced in an image. NSPI is involved in the proceeding, but no detailed arguments or methodologies are presented in the provided text.

As follows, per kilovolt ampere of maximum demand of the current month or the maximum actual demand of the previous December, January, or February occurring in the previous eleven (11) months. p. pp. 36-135
As follows, per kilovolt ampere of maximum demand of the current month or the maximum actual demand of the previous December, January, or February occurring in the previous eleven (11) months. per month Effective January 1, 2026 $9.280 Eff...

AI summary The text outlines a rate structure based on kilovolt ampere of maximum demand, with specific rates effective January 1, 2026, and January 1, 2027. It also references a 'Distribution Cost Adder' section, indicating potential additional costs related to distribution.

INTERRUPTIBLE RIDER TO THE LARGE INDUSTRIAL TARIFF (RATE CODE 25) p. p. 39
INTERRUPTIBLE RIDER TO THE LARGE INDUSTRIAL TARIFF (RATE CODE 25) Customers who qualify for interruptible service will receive a per month per kilovolt ampere reduction in demand charge for billed interruptible demand, as shown in the tabl...

AI summary The Interruptible Rider to the Large Industrial Tariff (Rate Code 25) provides a monthly kilovolt-ampere reduction in demand charges for qualifying customers. The credit is based on the difference between contracted firm demand and billing demand, with specific rules for when the credit applies.

reduction per kilovolt ampere reduction in demand charge p. p. 39
reduction per kilovolt ampere reduction in demand charge Effective January 1, 2026 $7.638 Effective January 1, 2027 $7.667 AVAILABILITY

AI summary The document provides the reduction per kilovolt-ampere reduction in demand charge for the years 2026 and 2027, with values of $7.638 and $7.667 respectively.

Availability p. pp. 45-163
Availability These rates shall be applicable to the supply, operation, and maintenance, or where indicated, operation and maintenance only, of street and area lighting. Except where otherwise indicated, the rates apply to fixtures operatin...

AI summary The rates apply to supply, operation, and maintenance of street and area lighting, excluding costs from vandalism, which are charged to the customer. Fixtures operate approximately 4,000 hours annually.

Rates p. p. 45
Rates

AI summary The document section titled 'Rates' is present but contains no substantive content or analysis. Key acronyms related to regulatory mechanisms and entities are noted but not elaborated upon in the provided text.

(a) Operating, Maintenance, and Capital (full charge) p. pp. 49-206
(a) Operating, Maintenance, and Capital (full charge) kWh per per month ($) Rate Code Watts month 2026 2027 Other 121 250 100 26.76 28.87 122 400 150 36.51 39.40 123 70 32 13.47 14.54 124 100 45 16.00 17.27 125 150 65 20.01 21.59 126 100 9...

AI summary The table outlines rate codes (121-126) with associated wattage, kWh per month, and monthly charges for 2026 and 2027, reflecting operating, maintenance, and capital cost structures. Rate code 126 includes a note on 'Continuous operation.'

Demand Charge p. pp. 54-162
Demand Charge per month per kilowatt of connected load Effective January 1, 2026 13.499 Effective January 1, 2027 14.568 Energy Charge cents per kilowatt-hour for the first 200 kilowatt-hours per month per kilowatt of maximum demand for al...

AI summary The text provides details on demand and energy charges effective from January 1, 2026, and January 1, 2027, including rates per kilowatt of connected load and per kilowatt-hour of energy consumption.

Section 185 p. p. 54
The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill for the electric power and energy portion of the Miscellaneous Lighting Rate shall be $ as follows per month if such unmetered se...

AI summary The document specifies that the maximum charge per kWh is based on a billing load factor of 10%, with a minimum monthly bill for the electric power and energy portion of the Miscellaneous Lighting Rate, applicable when unmetered service is billed separately from any metered account.

Maintenance Charge (if applicable) p. pp. 55-162
Maintenance Charge (if applicable) Cost of normal fixture maintenance and bulb replacement on the basis of current cost levels shall be used to calculate the monthly maintenance charge. This portion of the rate does not include any provisi...

AI summary The maintenance charge is calculated using current costs for normal fixture maintenance and bulb replacement. It excludes globe washing, cleaning, and vandalism-related repairs, which are billed separately to customers.

Maximum per kWh Charge/Minimum Bill p. pp. 55-56
Maximum per kWh Charge/Minimum Bill The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill shall be as follows per month if such unmetered service is billed separately from any metered...

AI summary The document outlines the maximum charge per kWh based on a 10% billing load factor and specifies that a minimum monthly bill applies for unmetered services billed separately from metered accounts.

FUEL ADJUSTMENT p. p. 57
FUEL ADJUSTMENT The applicable charges for electric service to the Company's retail and municipal customers shall be increased or decreased to the nearest 0.001 cents per kWh to recover or credit the difference in actual fuel cost from the...

AI summary The Fuel Adjustment Mechanism (FAM) adjusts charges for electric service to NSPI's retail and municipal customers based on actual fuel costs compared to base rates using a rate class-specific formula.

Fuel Adjustment Rider = AA + BA p. p. 57
Fuel Adjustment Rider = AA + BA Where: "AA" is a rate class-specific Actual Adjustment which is the difference between fuelrelated costs recovered from a rate class through the application of the base rates during the previous calendar yea...

AI summary The Fuel Adjustment Rider is calculated as the sum of AA and BA. AA represents the difference between fuel costs recovered through base rates and actual fuel costs for a rate class. BA adjusts for over- or under-collections from prior adjustments.

(1) Base Cost of Fuel p. p. 57
(1) Base Cost of Fuel The Base Cost of Fuel can be re-set in a General Rate Application or, absent a General Rate Application, every second year as part of the FAM adjustment process. Changes in the Base Cost of Fuel will be reflected in c...

AI summary The Base Cost of Fuel is reset via General Rate Applications or every two years through the FAM adjustment process. Changes affect customer rates using the Board-approved Cost of Service Methodology, applied consistently across customer classes.

(2) Incentive p. pp. 57-166
(2) Incentive For a total fuel cost variance of up to $50 million dollars (Actual Fuel Costs - [(Actual Sales) x (Base Fuel Cost $/MWh)]), 90% of any savings or increase in cost will be credited or charged to customers. The portion of any...

AI summary The incentive structure outlines that for fuel cost variances up to $50 million, 90% of savings or additional costs are passed to customers. Excess variances are fully applied in the 'AA' calculation. Credits and charges are applied to the energy component of rates on a cents per kWh basis.

(a) To non-FAM classes p. p. 58
(a) To non-FAM classes When a customer transitions its load, whether in whole or in part, from a FAM class to a non-FAM class, NS Power shall determine the outstanding fuel cost imbalance of the customer at the time of transition. This det...

AI summary When customers transition from FAM to non-FAM classes, NS Power must calculate and adjust fuel cost imbalances, subject to NSEB approval. Adjustments are resolved through agreement between NS Power and the customer or by NSEB determination if unresolved.

(b) From non-FAM classes p. pp. 58-166
(b) From non-FAM classes When a customer transitions its load, whether in whole or in part, to a FAM class from a non-FAM class, the customer will pay (or be reimbursed) outstanding FAM balances outside of the Fuel Adjustment Rider, on rea...

AI summary When customers transition from non-FAM classes to FAM classes, they pay or are reimbursed outstanding FAM balances outside the Fuel Adjustment Rider on reasonable terms agreed between the customer and NS Power, subject to NSEB approval. The process outlines charge structures by rate class.

Point-to-Point Transmission Service p. pp. 62-171
Point-to-Point Transmission Service 2026 Delivery Period Charge ($) Yearly: One twelfth of $1,953.42 /MW of Reserved Capacity per year Monthly $162.79 /MW of Reserved Capacity per month Weekly $37.57 /MW of Reserved Capacity per week On-pe...

AI summary The document outlines Reserved Capacity charges for Point-to-Point Transmission Service in 2026 and 2027, detailing varying rates per delivery period (yearly, monthly, weekly, etc.).

Nova Scotia Power Incorporated Page 5 of 23 Open Access Transmission Tariff p. pp. 65-173
Nova Scotia Power Incorporated Page 5 of 23 Open Access Transmission Tariff 2027 Delivery Period Charge ($) Monthly $176.94 /MW of Reserved Capacity per month Weekly $40.83 /MW of Reserved Capacity per week On-peak daily $8.17 /MW of Reser...

AI summary The document outlines Nova Scotia Power Inc.'s (NSPI) Open Access Transmission Tariff, specifying reserved capacity charges for different time periods (monthly, weekly, daily on/off-peak, and hourly on/off-peak). On-peak days are defined as Monday to Friday, with on-peak hours from 09:00 to 24:00 Atlantic Time.

SCHEDULE 3: REGULATION AND FREQUENCY RESPONSE SERVICE p. pp. 66-175
SCHEDULE 3: REGULATION AND FREQUENCY RESPONSE SERVICE Regulation and Frequency Response Service is necessary to provide for the continuous balancing of resources (generation and interchange) with load and for maintaining scheduled Intercon...

AI summary Regulation and Frequency Response Service ensures continuous balancing of generation/load and maintains 60 Hz frequency. The Transmission Provider (or Operating Area operator) must offer this service, with Transmission Customers required to purchase it or arrange alternatives. Monthly charges apply, with costs passed through if the Operating Area operator provides the service.

The minimum period for which this service is available from the Transmission Provider is one day. p. pp. 71-72
The minimum period for which this service is available from the Transmission Provider is one day. 2026 Delivery Period Charge ($) Yearly: One twelfth of $3,099.33 /MW of Reserved Capacity per year

AI summary The document specifies that the minimum service period from the Transmission Provider is one day and outlines a yearly charge of $3,099.33 per MW of Reserved Capacity, divided into twelve monthly payments.

The Transmission Customer shall compensate the Transmission Provider each month for Reserved Capacity at the sum of the applicable charges set forth below. p. p. 74
The Transmission Customer shall compensate the Transmission Provider each month for Reserved Capacity at the sum of the applicable charges set forth below. 2026 Charge ($) Yearly delivery: One twelfth of the demand charge of $63,996.09 /MW...

AI summary The Transmission Customer is required to pay the Transmission Provider monthly fees for Reserved Capacity based on different delivery periods (yearly, monthly, weekly, on-peak daily, and off-peak daily) with varying rates for 2026 and 2027.

Nova Scotia Power Incorporated Page 21 of 23 Open Access Transmission Tariff p. pp. 77-78
Nova Scotia Power Incorporated Page 21 of 23 Open Access Transmission Tariff - (ii) any customer-initiated requests for discounts (including requests for use by one's Wholesale Merchant or an affiliate's use) must occur solely by posting o...

AI summary The document outlines rules for discount requests and postings on OASIS, requiring equal application of discounts to all eligible customers on unconstrained paths. On-peak days are defined as Monday to Friday, and on-peak hours as 09:00 to 24:00 Atlantic Time.

SCHEDULE 9: REAL POWER LOSS FACTORS p. pp. 78-189
SCHEDULE 9: REAL POWER LOSS FACTORS For Point-to-Point service, the Transmission Provider will seasonally calculate loss factors to be used on a path-by-path basis. For each season, winter and summer, the power flow models used to calculat...

AI summary The document outlines procedures for calculating and applying real power loss factors for Point-to-Point and Network Service by the Transmission Provider (NSPI). Seasonal and annual loss factors are determined, with system average factors for Network Service and locational factors for new generation. Loss factors are posted on OASIS, and customers must account for losses in their service requests.

APPLICABILITY p. pp. 80-192
APPLICABILITY This schedule provides charges for Distribution System Access applicable to distribution-connected Renewable to Retail (RtR) Customers receiving supply of renewable low-impact electricity from a Licenced Retail Supplier as pr...

AI summary The schedule outlines charges for Distribution System Access applicable to Renewable to Retail (RtR) customers in Nova Scotia, who receive renewable low-impact electricity from licensed retail suppliers under the Electricity Act (Nova Scotia).

\ Note: for certainty, all capitalized terms shall, unless otherwise defined herein, have the meanings ascribed thereto in Distribution Tariff. p. pp. 81-196
\ Note: for certainty, all capitalized terms shall, unless otherwise defined herein, have the meanings ascribed thereto in Distribution Tariff. Small Industrial Demand Charge ($/kVA) Minimum Monthly Charge ($/month) Transformer Ownership C...

AI summary The document outlines proposed changes to demand charges and minimum monthly charges for various customer categories in Nova Scotia, effective January 1, 2026, and 2027. Rates are adjusted for small, medium, large industrial, and unmetered customers, with transformer ownership credits applied where applicable. The note clarifies the application of demand charges based on historical demand data.

DEMAND SIDE MANAGEMENT (DSM) COST RECOVERY RIDER p. pp. 81-196
DEMAND SIDE MANAGEMENT (DSM) COST RECOVERY RIDER The Demand Side Management Cost Recovery Charge (in cents per kilowatt-hour) applicable to the Tariff for the current rate year, shown in the Demand Side Management Cost Recovery Rider, shal...

AI summary The Demand Side Management Cost Recovery Rider imposes an additional charge per kilowatt-hour on the Tariff for the current rate year, applied alongside the energy charge. This mechanism enables cost recovery for demand-side management initiatives.

STORM COST RECOVERY RIDER p. p. 81
STORM COST RECOVERY RIDER Storm Cost Recovery charges or credits (in cents per kilowatt-hour) applicable to the Tariff for the current rate year, shown in the Storm Cost Recovery Rider, shall apply, in addition to the energy charge.

AI summary The Storm Cost Recovery Rider outlines charges or credits in cents per kilowatt-hour applicable to the current rate year's Tariff, in addition to the energy charge.

MAXIMUM PER KWH CHARGE/MINIMUM BILL p. pp. 81-122
MAXIMUM PER KWH CHARGE/MINIMUM BILL The same maximum per kWh charges and minimum bills will apply as stated in tariffs for NS Power Bundled Service for each Rate Class listed above.

AI summary The document states that maximum per kWh charges and minimum bills for NS Power Bundled Service will follow existing tariff rates for each Rate Class, as outlined in the proceeding.

RATE FOR 2025 p. pp. 94-95
RATE FOR 2025 Tariff Storm Riders in cents per kWh1 Domestic Service, Domestic Service Time-of-Day, Domestic Service Time-of-Use, Domestic Service Critical Peak Pricing 0.374 Small General, Small General Time of Use, Small General Critical...

AI summary The document outlines the storm riders for 2025 and 2026, showing varying rates per kWh across different tariff categories. Notably, the rate for Domestic Service Critical Peak Pricing drops to 0.000 in 2026, while other categories maintain or adjust their rates.

RESPONSIBILITIES OF FRANCHISE HOLDER p. p. 96
RESPONSIBILITIES OF FRANCHISE HOLDER It is the responsibility of the holder of the electric efficiency and conservation franchise granted under Section 79C of the Public Utilities Act (Franchise Holder) to apply to the NSEB to seek approva...

AI summary The Franchise Holder must apply to NSEB for approval of DSM activities and costs. NS Power must apply for the DSM Cost Recovery Rider and pay monthly to fund DSM costs, as per the Public Utilities Act.

DEMAND SIDE MANAGEMENT COST RECOVERY RIDER (DCRR) p. p. 96
DEMAND SIDE MANAGEMENT COST RECOVERY RIDER (DCRR) The monthly amount computed under each of the rate schedules to which this DSM Cost Recovery Rider is applicable shall be increased or decreased by the DCRR at a class-specific rate per kil...

AI summary The Demand Side Management Cost Recovery Rider (DCRR) adjusts monthly rates based on a class-specific formula (DCRR = PCR + BA) applied to kilowatt-hour consumption under applicable rate schedules. This mechanism recovers DSM program costs through consumption-based rate adjustments.

PCR = Program Cost Recovery p. p. 96
PCR = Program Cost Recovery The PCR includes all estimated costs for the upcoming calendar year for the DSM Plan that has been requested by the Franchise Holder and approved by the NSEB (Approved DSM). It includes the cost of planning, dev...

AI summary The Program Cost Recovery (PCR) encompasses estimated costs for the approved Demand Side Management (DSM) Plan, including planning, implementation, and administrative expenses. Costs are allocated per rate schedule using Schedule B's methodology, as approved by the Nova Scotia Energy Board (NSEB).

BA = Balance Adjustment p. pp. 96-97
BA = Balance Adjustment The BA is comprised of two components: - (1) BA1 = Annual Volume Variance Adjustment calculated for each rate class separately on a previously completed calendar year basis and is used to reconcile the difference be...

AI summary The Balance Adjustment (BA) consists of two components: BA1, which reconciles revenue variances using a two-year lag, and BA2, which adjusts for discrepancies between approved DSM funding and actual expenditures. Both components ensure accurate billing based on historical data and program costs.

Total BA = BA1 + BA2 p. p. 97
Total BA = BA1 + BA2 The BA shall be updated annually to reflect BA1, and at the conclusion of each Approved DSM Term to reflect BA2. The NSEB-approved DCRR shall be placed into effect with bills rendered on and after the effective date of...

AI summary The Balance Adjustment (BA) is updated annually and after each Approved DSM Term, with the NSEB-approved DCRR taking effect in bills after its effective date. This ensures alignment with DSM program costs and regulatory approvals.

SCHEDULE A p. p. 97
SCHEDULE A Effective: January 1, 2026

AI summary Schedule A, effective January 1, 2026, outlines regulatory provisions for Nova Scotia Power Inc. (NSPI) under the jurisdiction of the Nova Scotia Energy Board (NSEB). Key elements include the Fuel Adjustment Mechanism (FAM) and Demand Side Management Cost Recovery Rider (DCRR).

Applicable Tariff PCR (cents per kWh) BA (cents per kWh) DCRR (cents per p. pp. 97-98
Applicable Tariff PCR (cents per kWh) BA (cents per kWh) DCRR (cents per kWh) Domestic Service, Domestic Service Time-of-Day, Domestic Service Time-of-Use, Domestic Service Critical Peak Pricing 0.657 -0.024 0.633 Small General, Small Gene...

AI summary The document outlines various applicable tariffs with corresponding Program Cost Recovery (PCR), Balance Adjustment (BA), and Demand Side Management Cost Recovery Rider (DCRR) rates for different service categories. It also references the Approved DSM Term and provides an example of how BA2 is calculated and applied over the remainder of the DSM Plan period.

DSM Cost Allocation Method p. p. 98
DSM Cost Allocation Method - Step 1 Allocate the class and participation benefits by directly assigning 100% of the DSM investment identified for each participating customer class. - Step 2 For NS Power bundled service customers, divide th...

AI summary The DSM Cost Allocation Method outlines a five-step process for allocating Demand Side Management (DSM) costs. It involves assigning DSM investments to customer classes, calculating program cost recovery based on electricity sales, direct billing for Wholesale/Renewable to Retail (RtR) customers, and annual/term-end true-ups referenced in Balance Adjustment (BA) sections. The method applies to NS Power bundled service and market-specific recovery mechanisms.

Conditions p. p. 98
Conditions - For bundled service customers other than those who take service in the Wholesale Market (whether in whole or in part), this approach applies to classes as a whole (not to individual customers). - For customers who take service...

AI summary Conditions differentiate bundled service customers (not in Wholesale Market) from those in the Wholesale Market, applying the approach to classes versus individual customers. The approach also applies to total Approved DSM costs.

STORM COST RECOVERY RIDER p. pp. 98-196
STORM COST RECOVERY RIDER Storm Cost Recovery Ccharges or credits (in cents per kilowatt-hour) applicable to the Tariff for the current rate year, shown in the Storm Cost Recovery Rider, shall apply, in addition to the energy charge.

AI summary The Storm Cost Recovery Rider establishes charges or credits (in cents per kilowatt-hour) applicable to the Tariff for the current rate year. These charges apply in addition to the energy charge, as outlined in the rider.

Optional Green Power Rider p. pp. 101-107
Optional Green Power Rider Customers taking service under this rider may choose to support NSPI's Green Power program by purchasing "blocks" of Green Power. For every block purchased, NSPI will provide 125 kWh per month from green energy s...

AI summary Customers under the Optional Green Power Rider may purchase 'blocks' of Green Power from NSPI for $5/month, receiving 125 kWh/month from renewable sources. This charge is added to the Domestic Service rate bill, displacing fossil fuel energy.

Special Terms and Provisions p. pp. 101-102
Special Terms and Provisions - (1) Green Power, as defined for the purposes of this rider includes energy produced from renewable resources that have minimal impact on the environment, and could be independently certified by third party en...

AI summary The document defines 'Green Power' as renewable energy with minimal environmental impact, certifiable by third parties. Service under the rider may be limited by the company based on available green energy levels. A rate code (70) is referenced, though no specific matter or board orders are cited.

PURPOSE p. pp. 102-105
PURPOSE This is an optional tariff designed to promote the shifting of load from peak to off-peak periods. This tariff is available to customers who are eligible for service under the Domestic Service Tariff.

AI summary This optional tariff aims to encourage load shifting from peak to off-peak periods. It is available to customers eligible under the Domestic Service Tariff, promoting energy use during lower-demand times.

DOMESTIC SERVICE CRITICAL PEAK PRICING TARIFF Page 2 of 3 p. p. 103
DOMESTIC SERVICE CRITICAL PEAK PRICING TARIFF Page 2 of 3 Rate Code 70 - (3) When a Critical Peak Event is scheduled, subscribers to this tariff will be notified in advance and the Critical Peak Event Energy Charge (higher rate) will be in...

AI summary The Critical Peak Pricing Tariff (Rate Code 70) outlines procedures for notifying customers of high-rate periods during winter, limiting events to 18 per season, and requiring customer responsibility for contact updates.

DOMESTIC SERVICE TIME OF USE TARIFF Page 3 of 3 p. p. 107
DOMESTIC SERVICE TIME OF USE TARIFF Page 3 of 3 Rate Code 80

AI summary The document is page 3 of 3 for the Domestic Service Time of Use Tariff, listing Rate Code 80. No further details or arguments are provided in the text.

Effective: February 2, 2023 p. p. 107
Effective: February 2, 2023 Annliachla in Dasamhan cents per ki lowatt-hour Applicable in December, January, and February 7:00 AM to 12:00 PM 12:00 PM to 4:00 PM 4:00 PM to 11:00 PM 11:00 PM to 7:00 AM Effective February 2, 2023 21.377 16....

AI summary The document outlines electricity rate schedules effective from February 2, 2023, with different rates for various time periods throughout the day. The rates are set to change on January 1, 2024, 2026, and 2027, with the 2026 rates highlighted. These rates apply to weekdays, with special billing for weekends and statutory holidays.

DOMESTIC SERVICE TIME-OF-DAY TARIFF (OPTIONAL) Page 3 of 3 Rate Codes 05, 06 p. p. 110
DOMESTIC SERVICE TIME-OF-DAY TARIFF (OPTIONAL) Page 3 of 3 Rate Codes 05, 06 Any outbuilding located on residential property adjacent to a domestic dwelling and supplied electrically through a separate meter shall have rates applied in acc...

AI summary The document outlines rules for applying tariffs to outbuildings on residential property. If supplied via a separate meter, rates are based on actual use. For personal use, the Domestic tariff applies; for commercial use, General or Industrial tariffs are used.

MINIMUM MONTHLY CHARGE p. pp. 110-115
MINIMUM MONTHLY CHARGE The minimum monthly charge shall be as follows:

AI summary The document outlines the 'Minimum Monthly Charge' section, though no specific details or calculations are provided in the text. A table image is referenced but not described, suggesting the charge structure may be visually represented elsewhere.

SMALL GENERAL CRITICAL PEAK PRICING TARIFF Page 2 of 3 p. p. 114
SMALL GENERAL CRITICAL PEAK PRICING TARIFF Page 2 of 3 Rate Code 72 - (2) Critical Peak Events will be scheduled, at the sole discretion of NSPI, when NSPI is expecting conditions including, but not limited to, high energy (kWh) usage, hig...

AI summary NSPI may schedule up to 18 Critical Peak Events annually during winter (November-March), with no more than three per week or on weekends. Customers are notified 24 hours in advance of higher energy charges during these events, encouraging reduced usage. Notifications are the customer's responsibility, and contact details must be updated promptly.

Section 368 p. pp. 117-118
- (a) The customer must commence service under this tariff on November 1st, unless NSPI grants a waiver. - (b) The customer must be equipped with a standard Smart Meter. - (c) NSPI may limit the number of customers who may subscribe to thi...

AI summary The text outlines conditions for customers subscribing to a specific tariff, including requirements to start service on November 1st, the use of a Smart Meter, and restrictions on seasonal and Net Metering services.

The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill shall not be less than the rates in the table below. p. p. 119
The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill shall not be less than the rates in the table below. per month Effective February 2, 2023 $21.28 Effective January 1, 2024 $21.28...

AI summary The document outlines the maximum charge per kWh based on a billing load factor of 10%, with a minimum monthly bill requirement as specified in the table. The rates are set for specific effective dates from 2023 to 2027.

SPECIAL CONDITIONS p. pp. 119-138
SPECIAL CONDITIONS - (1) Metering will normally be at the low voltage side of the transformer. Should the customer's requirements make it necessary for the Company to provide primary metering, then the customer will be required to make a c...

AI summary Special conditions outline customer responsibilities for metering costs, non-standard service provisions, and load management to maintain power system integrity. Customers may bear capital costs for primary metering, own transformers for non-standard services, and ensure their load does not compromise system reliability, harmonic levels, voltage stability, or fault levels.

PURPOSE p. pp. 120-127
PURPOSE This is an optional tariff designed to promote the shifting of load from peak to off-peak periods. This tariff is available to customers who are eligible for service under the General Tariff.

AI summary This optional tariff aims to encourage customers to shift electricity usage from peak to off-peak periods. It is available to those eligible under the General Tariff, promoting load management and efficient energy use.

GENERAL CRITICAL PEAK PRICING TARIFF Page 2 of 4 p. p. 121
GENERAL CRITICAL PEAK PRICING TARIFF Page 2 of 4 Rate Code 73 December 26. If January 1, November 11, December 25 or 26 fall on a weekend, the Critical Peak Events also exclude the weekday the holiday is observed. - (2) Critical Peak Event...

AI summary The document outlines the rules for the Critical Peak Pricing Tariff (Rate Code 73), including scheduling criteria, notification procedures, and event limitations during the winter period. NSPI has sole discretion to schedule events based on high usage or outages, with advance notifications and restrictions on the number of events per season and week.

PURPOSE p. p. 124
PURPOSE This is an optional tariff designed to promote the shifting of load from peak to off-peak periods. This tariff is available to customers who are eligible for service under the General Tariff.

AI summary This optional tariff aims to encourage customers to shift electricity usage from peak to off-peak periods. It is available to those eligible under the General Tariff, promoting load management and efficient energy use.

LARGE GENERAL TARIFF Page 1 of 2 p. p. 129
LARGE GENERAL TARIFF Page 1 of 2 (2,000 kVA or 1,800 kW and over) Rate Code 12

AI summary The document outlines a section of the LARGE GENERAL TARIFF, specifying Rate Code 12 for customers with 2,000 kVA or 1,800 kW and over. The page is part of a regulatory proceeding in Nova Scotia, though no further details or arguments are provided in the excerpt.

DEMAND CHARGE p. p. 129
DEMAND CHARGE As follows, per month per kilovolt ampere of maximum demand of the current month or the maximum actual demand of the previous December, January, or February occurring in the previous eleven (11) months.

AI summary The demand charge is calculated based on the maximum demand of the current month or the highest actual demand from the previous December, January, or February within the last eleven months, measured in kilovolt amperes per month.

per month p. p. 129
per month Effective February 2, 2023 $13.845 Effective January 1, 2024 $13.845 Effective January 1, 2026 $11.201 Effective January 1, 2027 $12.003 32 cents per kilovolt ampere reduction in demand charge where the transformer is owned by th...

AI summary The document outlines monthly effective rates starting from February 2, 2023, with a reduction in demand charge for customers owning transformers, providing a financial incentive for demand-side management.

LARGE GENERAL TARIFF Page 2 of 2 p. p. 129
LARGE GENERAL TARIFF Page 2 of 2 (2,000 kVA or 1,800 kW and over) Rate Code 12

AI summary This document outlines the LARGE GENERAL TARIFF for customers with electrical capacity of 2,000 kVA or 1,800 kW and over, designated under Rate Code 12. It is part of the second page of the tariff document, specifying rates for high-capacity users.

SMALL INDUSTRIAL TARIFF p. p. 132
SMALL INDUSTRIAL TARIFF (up to 249 kVA or 224 kW) Rate Code 21 Page 1 of 2

AI summary The document outlines the Small Industrial Tariff for customers up to 249 kVA or 224 kW under Rate Code 21, part of a regulatory proceeding involving Nova Scotia Power Inc. (NSPI) and the Nova Scotia Energy Board (NSEB).

SMALL INDUSTRIAL TARIFF Page 2 of 2 p. p. 133
SMALL INDUSTRIAL TARIFF Page 2 of 2 (up to 249 kVA or 224 kW) Rate Code 21

AI summary The document outlines the Rate Code 21 for the Small Industrial Tariff, applicable to customers with up to 249 kVA or 224 kW capacity. However, the provided text lacks detailed information on tariff structure, cost recovery mechanisms, or regulatory considerations.

The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill shall not be less than as follows. p. p. 133
The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill shall not be less than as follows. per month Effective February 2, 2023 $21.28 Effective January 1, 2024 $21.28 Effective January...

AI summary The text outlines the maximum charge per kWh based on a billing load factor of 10%, with specific minimum monthly bill amounts set for different effective dates, starting from February 2, 2023, up to January 1, 2027.

MEDIUM INDUSTRIAL TARIFF Page 1 of 2 p. p. 133
MEDIUM INDUSTRIAL TARIFF Page 1 of 2 (250 kVA or 225 kW to 1,999 kVA or 1,799 kW) Rate Code 22

AI summary The document outlines the Medium Industrial Tariff (Rate Code 22) applicable to customers with electrical demand between 250 kVA/225 kW and 1,999 kVA/1,799 kW. No detailed discussion of rate structure, costs, or regulatory arguments is present in the provided text.

DEMAND CHARGE p. p. 133
DEMAND CHARGE per month per kilovolt ampere of maximum demand Effective February 2, 2023 $13.796 Effective January 1, 2024 $8.332 Effective January 1, 2026 $10.728 Effective January 1, 2027 $11.277 32 cents per kilovolt ampere reduction in...

AI summary The document presents the demand charge rates effective from February 2023 to January 2027, along with a reduction incentive for customers owning the transformer. The rates are listed in dollars per kilovolt ampere of maximum demand.

LARGE INDUSTRIAL TARIFF Page 1 of 6 p. p. 135
LARGE INDUSTRIAL TARIFF Page 1 of 6 (2,000 kVA or 1,800 kW and over) Rate Code 23

AI summary The document outlines the Large Industrial Tariff for customers with 2,000 kVA or 1,800 kW and over, using Rate Code 23. It is part of a regulatory proceeding under the Nova Scotia Energy Board (NSEB) involving Nova Scotia Power Inc. (NSPI). Key elements include tariff structure and potential cost recovery mechanisms.

For customers connected at distribution level, the following charge also applies, subject to the same provisions as the Demand Charge section above. p. p. 135
For customers connected at distribution level, the following charge also applies, subject to the same provisions as the Demand Charge section above. per month Effective February 2, 2023 $1.632 Effective January 1, 2024 $1.632 Effective Jan...

AI summary A new charge applies to customers connected at the distribution level, with rates increasing from $1.632 in 2023 to $2.527 in 2027. Additionally, a 32-cent reduction in demand charge per kilovolt ampere is available for customers owning the transformer.

The minimum monthly charge shall be the greater of the demand charge or the amounts in the table below. p. p. 135
The minimum monthly charge shall be the greater of the demand charge or the amounts in the table below. per month Effective February 2, 2023 $21.28 Effective January 1, 2024 $21.28 Effective January 1, 2026 $22.16 Effective January 1, 2027...

AI summary The text outlines the minimum monthly charge, which is determined as the greater of the demand charge or the values listed in the table, with amounts increasing over time starting from February 2, 2023, up to January 1, 2027.

LARGE INDUSTRIAL TARIFF Page 3 of 6 (2,000 kVA or 1,800 kW and over) p. p. 138
LARGE INDUSTRIAL TARIFF Page 3 of 6 (2,000 kVA or 1,800 kW and over) Rate Code 23 - (2) Metering will normally be at the low voltage side of the transformer. Should the customer's requirements make it necessary for the Company to provide p...

AI summary The Large Industrial Tariff (Rate Code 23) outlines metering requirements, minimum load conditions, service agreements, and power supply integrity standards. NSPI may withdraw the tariff if customers fail to meet load thresholds, with exemptions for interruptible service customers. Customers must ensure their operations do not compromise power system reliability, harmonic levels, or stability.

INTERRUPTIBLE RIDER TO THE LARGE INDUSTRIAL TARIFF (RATE CODE 25) p. p. 138
INTERRUPTIBLE RIDER TO THE LARGE INDUSTRIAL TARIFF (RATE CODE 25) Customers who qualify for interruptible service will receive a per month per kilovolt ampere reduction in demand charge for billed interruptible demand, as shown in the tabl...

AI summary The Interruptible Rider to the Large Industrial Tariff (Rate Code 25) provides a monthly demand charge reduction for qualified customers based on billed interruptible demand, which is the difference between contracted firm demand and billing demand. The billed interruptible demand is determined using the maximum interruptible demand from the current month or the previous eleven months.

LARGE INDUSTRIAL TARIFF Page 5 of 6 p. p. 140
LARGE INDUSTRIAL TARIFF Page 5 of 6 (2,000 kVA or 1,800 kW and over) Rate Code 23 - (3) Following interruption, service may only be restored by the customer with approval of the Company. - (4) Failure to comply in whole or in part with a r...

AI summary The document outlines penalty charges for non-compliance with load interruption requirements under Rate Code 23 for large industrial customers. It specifies two types of penalties: a Threshold Penalty based on firm billing costs and a Performance Penalty calculated using a formula involving kVA values.

Where: p. p. 140
Where: "A" is any residual customer demand (above that required by the interruption notice) remaining in the third interval directly following two complete 5-minute intervals after the interruption call is initiated and sent by NSPI. "B" i...

AI summary The document outlines rules for interruptible service under the DCR rider, including penalty calculations based on residual demand, service conversion requirements (5-year notice for firm service, 2-year return to interruptible), and interruption limits (16 hours/day, 30% monthly, 15% annual). NSPI sets these terms for capacity availability and billing.

DEMAND CHARGE p. p. 140
DEMAND CHARGE As follows, per month per kilovolt ampere of the higher of: - (a) maximum actual demand of the current month; or - (b) the maximum actual demand of the previous December, January, or February occurring in the previous eleven...

AI summary The demand charge is calculated monthly based on the higher of the current month's maximum actual demand or the maximum actual demand from the previous December, January, or February within the last 11 months, excluding peak demands during the first two hours after outage restoration. Customers are encouraged to manage demand peaks post-outage.

AVAILABILITY p. p. 143
AVAILABILITY This tariff is applicable to three phase electric power and energy, supplied at the low voltage side of the bulk power transformer, to municipal electric utilities. Meter readings shall be increased by 1.1% for each transforma...

AI summary The tariff applies to three-phase electric power supplied to municipal electric utilities at low voltage. Meter readings are adjusted by 1.1% per transformation between the meter and the bulk power transformer to account for losses, with reductions applied when metering occurs at transmission voltage.

Page 2 of 20 p. p. 146
Page 2 of 20 D-4- C- d- Watta kWh per per mo nth ($) Othor Rate Code Rate Code Watts 2026 2027 Other 001 300 and less 97 25.14 27.16 002 Greater than 300 154 36.27 39.16 (b) Operating Only Rate Code Watts kWh per per mo onth ($) Other mont...

AI summary The text presents a table with rate codes and associated costs for different wattage levels in 2026 and 2027, as well as historical data from previous years. The tables are part of a regulatory proceeding document discussing electricity rates and pricing structures.

Section 523 p. p. 162
The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill for the electric power and energy portion of the Miscellaneous Lighting Rate shall be $ as follows per month if such unmetered se...

AI summary The text outlines a regulation for the Miscellaneous Lighting Rate, specifying the maximum charge per kWh based on a 10% billing load factor and setting a minimum monthly bill for unmetered service billed separately.

Maximum per kWh Charge/Minimum Bill p. p. 163
Maximum per kWh Charge/Minimum Bill The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill shall be as follows per month if such unmetered service is billed separately from any metered...

AI summary The document outlines the maximum charge per kWh at a 10% load factor and specifies that a minimum monthly bill applies when unmetered service is billed separately from metered accounts.

UNMETERED SERVICE RATES Page 20 of 20 Rate Code 41 p. pp. 164-165
UNMETERED SERVICE RATES Page 20 of 20 Rate Code 41 A flat rate shall be calculated for any service requiring the supply of power and energy only, with a predeterminable usage, and where metering is considered to be impractical, such as: Te...

AI summary The document outlines the calculation of flat rates for unmetered services in Nova Scotia, specifically Rate Code 41. These rates apply to services with predeterminable usage where metering is impractical, such as telephone booths, traffic control lights, and railway signals. The approach ensures billing based on estimated consumption rather than actual metered data.

APPLICABILITY p. p. 165
APPLICABILITY This schedule is a mandatory rider to all electric rate schedules, except the following tariffs: Generation Replacement and Load Following, Extra High Voltage Time-of-Use Real Time Pricing, High Voltage Time-of-Use Real Time...

AI summary The schedule applies to all electric rate schedules except specified tariffs. FAM adjustments apply to certain tariffs and Additional Energy under the Mersey System Agreement when priced at applicable tariffs.

FUEL ADJUSTMENT p. p. 165
FUEL ADJUSTMENT The applicable charges for electric service to the Company's retail and municipal customers shall be increased or decreased to the nearest 0.001 cents per kWh to recover or credit the difference in actual fuel cost from the...

AI summary The document outlines a formula to adjust electric service charges for NSPI's retail and municipal customers, increasing or decreasing rates by 0.001 cents per kWh to reconcile actual fuel costs with base rate costs. This mechanism ensures alignment between recovered fuel costs and established rates.

Fuel Adjustment Rider = AA + BA p. p. 165
Fuel Adjustment Rider = AA + BA Where: "AA" is a rate class-specific Actual Adjustment which is the difference between fuelrelated costs recovered from a rate class through the application of the base rates during the previous calendar yea...

AI summary The Fuel Adjustment Rider (AA + BA) adjusts rates based on actual fuel costs and prior adjustments. AA reflects the difference between fuel costs recovered via base rates and actual costs, while BA corrects over or under-collections from previous periods. This mechanism ensures accurate cost recovery and rate adjustments for each rate class.

(1) Base Cost of Fuel p. p. 165
(1) Base Cost of Fuel The Base Cost of Fuel can be re-set in a General Rate Application or, absent a General Rate Application, every second year as part of the FAM adjustment process. Changes in the Base Cost of Fuel will be reflected in c...

AI summary The Base Cost of Fuel is reset via General Rate Applications or every two years through the FAM process. Adjustments affect customer rates using the Board-approved Cost of Service Methodology, applied uniformly across customer classes.

(a) \ To non-FAM classes p. p. 166
(a) \ To non-FAM classes When a customer transitions its load, whether in whole or in part, from a FAM class to a non-FAM class, NS Power shall determine the outstanding fuel cost imbalance of the customer at the time of transition. This d...

AI summary When customers transition from FAM to non-FAM classes, NS Power must calculate their fuel cost imbalance, adjust it in future FAM proceedings, and seek NSEB approval. Adjustments are resolved through agreement between NS Power and the customer or via NSEB determination if unresolved.

Page 4 of 4 p. pp. 168-169
Page 4 of 4 Effective upon the date of the Board's decision ecision_ Rate Class Actual Adjustment (AA) in cents per kWh Balance Adjustment (BA 1) in cents per kWh Balance Adjustment (BA-2) in cents per kWh FAM AA/BA Combined\nin cents per...

AI summary The document presents adjustments for different rate classes, showing Balance Adjustments (BA) in cents per kWh for various categories, with the FAM AA/BA Combined value indicated for each. The Municipal and Outdoor Recreational Lighting categories have highlighted values.

Nova Scotia Power Incorporated Page 3 of 23 Open Access Transmission Tariff p. p. 171
Nova Scotia Power Incorporated Page 3 of 23 Open Access Transmission Tariff Delivery Period Charge ($) Yearly: One twelfth of $4,177.65 /MW of Reserved Capacity per year Monthly $348.14 /MW of Reserved Capacity per month Weekly $80.34 /MW...

AI summary The document outlines Nova Scotia Power Inc.'s Open Access Transmission Tariff (OATT) with reserved capacity charges for various delivery periods (yearly, monthly, weekly, on-peak/off-peak daily/hourly). On-peak hours are defined as 09:00–24:00 Atlantic Time, Monday to Friday.

(Point-to-Point Transmission Service) p. pp. 175-176
(Point-to-Point Transmission Service) 2023 Delivery Period Charge ($) Yearly: One twelfth of $2,620.80 /MW of Reserved Capacity per year Monthly $218.40 /MW of Reserved Capacity per month Weekly $50.40 /MW of Reserved Capacity per week Dai...

AI summary The document outlines point-to-point transmission service charges for reserved capacity across 2023, 2024, and 2026. Rates are structured by delivery period (yearly, monthly, weekly, daily) with consistent values for 2023 and 2024, except for a slight increase in the 2026 yearly charge. Charges are calculated per MW of reserved capacity.

Nova Scotia Power Incorporated Page 19 of 23 Open Access Transmission Tariff p. p. 187
Nova Scotia Power Incorporated Page 19 of 23 Open Access Transmission Tariff 2027 Charge ($) Off-peak daily delivery $207.40 /MW of Reserved Capacity per day The total demand charge in any week, pursuant to a reservation for Daily delivery...

AI summary The document outlines the off-peak daily delivery charge of $207.40 per MW of Reserved Capacity per day under the Open Access Transmission Tariff for 2027. It also specifies that the total demand charge for a week cannot exceed the rate multiplied by the highest Reserved Capacity in any day of that week.

SCHEDULE 10: NETWORK INTEGRATION TRANSMISSION SERVICE RATE p. pp. 189-192
SCHEDULE 10: NETWORK INTEGRATION TRANSMISSION SERVICE RATE (1) The rate charged for Network Integration Transmission Service is: For 20236: $4,888.134,317.55/MW-month For 20247: $5,658.784,317.55/MW-month based on the Transmission Customer...

AI summary Schedule 10 outlines the Network Integration Transmission Service rate for 2023 and 2024, based on the Transmission Customer's Net Non-coincident Monthly Peak Demand. A formula is provided for calculating transmission congestion charges based on redispatch costs and load factors.

CHARGES p. pp. 192-193
CHARGES Domestic Service, Domestic Service Critical Peak Pricing, Domestic Service Time-of-Use Customer Charge ($/month) Distribution Charge (¢/kWh) Minimum Monthly Charge ($/month) Effective February 2, 2023 19.17 1.786 19.17 Effective Ja...

AI summary The document presents tables showing changes in customer charges, distribution charges, and minimum monthly charges for various service types, including Domestic Service, Domestic Service Time-of-Use, and Small General, effective from February 2, 2023, and January 1, 2024, with further changes planned for January 1, 2026.

MAXIMUM PER KWH CHARGE/MINIMUM BILL p. p. 196
MAXIMUM PER KWH CHARGE/MINIMUM BILL The same maximum per kWh charges and minimum bills will apply as stated in tariffs for NS Power Bundled Service for each Rate Class listed above.

AI summary The document states that maximum per kWh charges and minimum bills for each rate class will follow the same rules as the NS Power Bundled Service tariffs, ensuring consistency across rate classes.

(11) Light Emitting Diode (LED) – Operating, Maintenance, and Capital (full charge) p. pp. 212-213
(11) Light Emitting Diode (LED) – Operating, Maintenance, and Capital (full charge) Data Cada Watts kWh per per mo onth ($) Othor Rate Code Watts month 2023 2024 - Other 724 55 18 6.75 7.02 740 190 63 15.02 15.15 741 261 87 17.38 17.48 742...

AI summary The document presents a table detailing Light Emitting Diode (LED) rate codes, associated wattage, kWh consumption, and monthly costs for 2023–2027. Rate codes 724, 740–743 are listed with varying wattage and cost adjustments over time, including deleted and updated values. The data reflects changes in pricing structures for LED-related charges.

RATE FOR 2026 p. pp. 214-215
RATE FOR 2026 1 OATT in $/kW 2 Usage in kW under OATT

AI summary The document outlines the 2026 rate structure under the Open Access Transmission Tariff (OATT), specifying charges in dollars per kilowatt (kW) and usage metrics in kW. Key entities involved include Nova Scotia Power Inc. (NSPI) and the Nova Scotia Energy Board (NSEB), which oversee regulatory proceedings related to electricity rates and transmission tariffs.

APPLICABILITY p. p. 216
APPLICABILITY This schedule applies to all electric rate classes with the exception of the Wholesale Market Non-Dispatchable Supplier Spill Tariff, the Load Retention Tariff, and the Extra Large Industrial Active Demand Control Tariff. For...

AI summary The schedule applies to most electric rate classes, excluding specific tariffs. For Wholesale and Renewable to Retail customers, DSM costs defined in Section 79A of the Public Utilities Act are directly billed via the customer's energy bill, as if served by NS Power under bundled offerings, approved by the NSUAREB.

RESPONSIBILITIES OF FRANCHISE HOLDER p. p. 216
RESPONSIBILITIES OF FRANCHISE HOLDER It is the responsibility of the holder of the electric efficiency and conservation franchise granted under Section 79C of the Public Utilities Act (Franchise Holder) to apply to the Nova Scotia Utility...

AI summary The Franchise Holder must seek NSUAREB approval for DSM activities and costs. NS Power must apply annually by October 1 for DCRR amounts and monthly fund DSM costs approved by NSUAREB under Section 79C of the Public Utilities Act.

DEMAND SIDE MANAGEMENT COST RECOVERY RIDER (DCRR) p. p. 216
DEMAND SIDE MANAGEMENT COST RECOVERY RIDER (DCRR) The monthly amount computed under each of the rate schedules to which this DSM Cost Recovery Rider is applicable shall be increased or decreased by the DCRR at a class-specific rate per kil...

AI summary The DCRR adjusts monthly amounts for applicable rate schedules using a class-specific rate formula (DCRR = PCR + BA), reflecting Nova Scotia's regulatory framework for demand-side management cost recovery.

BA = Balance Adjustment p. p. 217
BA = Balance Adjustment The BA is comprised of two components: (1) BA1 = Annual Volume Variance Adjustment – is calculated for each rate class separately on a previously completed calendar year basis and is used to reconcile the difference...

AI summary The Balance Adjustment (BA) comprises two components: BA1, which reconciles revenue differences using a two-year lag, and BA2, which adjusts for DSM program costs. These mechanisms ensure accurate billing based on actual usage and expenditures.

Total BA = BA1 + BA2 p. p. 217
Total BA = BA1 + BA2 The BA shall be updated annually to reflect BA1, and at the conclusion of each Approved DSM Term to reflect BA2. The NSUAREB-approved DCRR shall be placed into effect with bills rendered on and after the effective date...

AI summary The Balance Adjustment (BA) is annually updated to reflect BA1 and BA2, with the NSUAREB-approved DCRR implemented post-effective date. BA1 relates to annual updates, while BA2 applies at the end of Approved DSM Terms. The DCRR's activation is tied to NSUAREB approval.

Allocation of DSM Program Costs p. p. 219
Allocation of DSM Program Costs System benefits are allocated to all applicable customer classes in accordance with the Cost of Service Study (COSS) methodology reflecting allocation of generation rate base as per the most recent rate case...

AI summary System benefits from DSM programs are allocated to customer classes using the Cost of Service Study (COSS) methodology based on the latest rate case decision. Remaining costs are assigned proportionally to participating classes according to their investment in DSM programs.

DEMAND SIDE MANAGEMENT COST RECOVERY RIDER (DCRR) Page 5 of 5 p. p. 220
DEMAND SIDE MANAGEMENT COST RECOVERY RIDER (DCRR) Page 5 of 5 - For bundled service customers other than those who take service in the Wholesale Market (whether in whole or in part), this approach applies to classes as a whole (not to indi...

AI summary The DCRR applies differently to bundled service customers and Wholesale Market participants. For non-Wholesale Market bundled customers, the approach applies to classes as a whole, while Wholesale Market customers are treated individually. The method applies to total Approved DSM costs.

Baseline Data p. p. 220
Baseline Data NS Power Customers Customers Meter Reads Opt-out Customers Annual O&M Cost Tax $ 13,497 $ 14,868 $ 13,726 $ 11,896 Customer Care Rep $ 70,090 Average Total Cost (2025 to 2027) 825,335$ Total Cost $ 879,705 $ 830,884 $ 765,417...

AI summary The text presents baseline data related to NS Power customers, including annual O&M costs, customer care representative costs, and proposed AMI opt-out monthly charges for 2026 and 2027. It includes details on meter reads, opt-out customers, and proposed rate changes.

Interpretation and Definitions Page 3 of 6 p. p. 227
Interpretation and Definitions Page 3 of 6 " M et ٦r se ·al " "Meter seal" "meter seal" means either the seal placed on the meter by Industry Canada to prevent fraudulent interference with the passage of electricity through the meter or th...

AI summary The document defines 'meter seal' as a seal placed on a meter by Industry Canada or the Company to prevent fraudulent interference with electricity passage, including seals on demand reset and other required installations.

METER READING FOR NON-STANDARD METER SERVICE p. pp. 233-234
METER READING FOR NON-STANDARD METER SERVICE Charges apply to a Customer who is eligible to be provided with a meter which can be read remotely but who opts out and requires the meter to be read on the Customer's premises. These charges ar...

AI summary The document outlines charges for customers opting out of remote meter reading, detailing fees for connection, disconnection, and other services based on meter type and year (2026, 2027). Rates vary for customers with or without remote connect-enabled meters, with higher fees for non-remote options.

Regulation 7.1 Schedule of Charges Page 3 of 3 p. p. 234
Regulation 7.1 Schedule of Charges Page 3 of 3 (m) All pole attachments for telecommunication common carriers, or broadcasters, exclusive of those under joint use agreements. $22.4423.81 per pole in 20236 and $22.8924.29 in 20247. per pole...

AI summary The document outlines pole attachment charges for telecommunication and broadcasting entities, excluding those under joint use agreements, and specifies non-standard meter reading charges under Regulation 5.1 for different customer categories in 2026 and 2027.

AMI Opt-Out Meter Reading p. pp. 245-246
AMI Opt-Out Meter Reading "Opting out" or "opt-out" in the context of these Regulations refers to the process where customers choose non-standard meter service and incur the associated monthly charges. An opt-out request must be made by su...

AI summary The document defines 'opt-out' in AMI regulations, allowing customers to choose non-standard meter service with monthly charges. Pre-AMI opt-outs retain existing meters, while post-AMI opt-outs use disabled smart meters requiring manual reads. Domestic/Small General customers have semi-annual readings, while classes with demand charges require monthly readings. Billing between reads uses estimated data.

N-52026-2027 GRA Appendix 1-6 - Redacted 119 passages
TABLE OF STANDARDIZED FILINGS AND ATTACHMENTS p. p. 25
TABLE OF STANDARDIZED FILINGS AND ATTACHMENTS Attachment 1 – COS Procedures Attachment 1a – Cost of Service Methodology Attachment 1b – Determination of Revenue Responsibilities by Rate Class Attachment 1c – Fuel and Purchased Power Relate...

AI summary The document lists standardized filings and attachments for a regulatory proceeding, covering cost-of-service methodologies, revenue responsibilities, fuel costs, unmetered services pricing, OATT calculations, and distribution tariff computations for 2026-2027. Attachments include partially confidential data and rate component tables.

PR-02 Cost Support for Proposed Regulation Changes p. p. 25
PR-02 Cost Support for Proposed Regulation Changes Attachment 1 – AMI Opt-out Fee Development Attachment 2 – Miscellaneous Charges Development (Partially Confidential) Regulation 7.3 Schedule of Load Research Monitoring, Reporting and Anal...

AI summary The document outlines attachments related to AMI opt-out fee development and miscellaneous charges, alongside references to Regulation 7.3 concerning load research monitoring, reporting, and analytical charges. It pertains to cost support for proposed regulatory changes in Nova Scotia.

2026-2027 GRA Direct Evidence Appendix 1B Page 2 of 4 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 25
2026-2027 GRA Direct Evidence Appendix 1B Page 2 of 4 REDACTED (CONFIDENTIAL INFORMATION REMOVED) COSS Cost of Service Study CRA Canada Revenue Agency CWIP Construction Work in Progress DCRR DSM Cost Recovery Rider DDA Decarbonization Defe...

AI summary This document is part of a 2026-2027 General Rate Application (GRA) appendix, listing acronyms and their expansions related to energy regulation, cost recovery mechanisms, and environmental policies in Nova Scotia. Key terms include Demand Side Management (DSM), Distributed Energy Resources (DER), and legislative frameworks like the Environmental Goals and Climate Change Reduction Act (EGCCRA).

2026-2027 GRA Direct Evidence Appendix 1B Page 4 of 4 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 25
2026-2027 GRA Direct Evidence Appendix 1B Page 4 of 4 REDACTED (CONFIDENTIAL INFORMATION REMOVED) OT Overtime OTE Overhead Transmission Equipment PCB Polychlorinated Biphenyls PCR Program Cost Recovery (for DSM) PHB Port Hawkesbury Biomass...

AI summary This document is an appendix from a 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia, containing a list of acronyms and their expansions relevant to energy regulation, infrastructure, and financial terms. The content is redacted, with confidential information removed, and focuses on technical, operational, and regulatory terminology used in the proceeding.

2026-2027 GRA Direct Evidence Appendix 3A Page 1 of 14 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 25
2026-2027 GRA Direct Evidence Appendix 3A Page 1 of 14 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary This document is a redacted appendix from the 2026-2027 General Rate Application (GRA) proceeding, focusing on direct evidence. Key elements include regulatory considerations, cost recovery mechanisms, and potentially rate design issues, though specific details are confidential.

Appendix 03A – Status of 2023-2024 GRA Directives p. p. 25
Appendix 03A – Status of 2023-2024 GRA Directives Information about each directive is found below. A status summary table is provided at the end of this Appendix.

AI summary This appendix outlines the status of 2023-2024 GRA Directives, with a summary table provided at the end. No specific details or arguments are included in the text provided, focusing only on the directive status overview.

1. Storm Cost Reporting p. p. 25
1. Storm Cost Reporting The directive related to storm cost reporting is at para. 332 of the Board's 2023-2024 GRA Decision: [T]he Board directs NS Power to submit annual reports summarizing actual storm restoration costs for each year of...

AI summary The Nova Scotia Energy Board (NSEB) requires NS Power to submit annual storm restoration cost reports from 2024 to 2026, assessing the Storm Rider's effectiveness and equity. NS Power has complied with the initial reports for 2023 and 2024, with the 2025 report due in 2026. These reports evaluate cost overruns/underruns against base rate allowances.

2026-2027 GRA Direct Evidence Appendix 3A Page 2 of 14 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 25
2026-2027 GRA Direct Evidence Appendix 3A Page 2 of 14 REDACTED (CONFIDENTIAL INFORMATION REMOVED) and recovery above the level in base rates for 2025, it may choose to make an application in 2026 for recovery in 2027. That will complete N...

AI summary NS Power may apply in 2026 for recovery in 2027 to comply with the Nova Scotia Energy Board's directive on the Storm Rider from the 2023-2024 GRA, ensuring alignment with base rates for 2025.

4. DSM True-Up p. p. 25
4. DSM True-Up The Board's directive is found at para. 359 of the 2023-2024 GRA Decision: As the issue of DSM true-up for prior period variances was not addressed in the GRA Settlement Agreement, the Board makes no determination at this ti...

AI summary The Nova Scotia Energy Board (NSEB) has not determined DSM true-up variances from the GRA Settlement Agreement, directing NS Power to provide updates with future DCRR applications. NS Power addressed historical DSM true-up in M11352 and considers the matter complete.

6. Depreciation Study p. p. 25
6. Depreciation Study The Board's directive regarding the depreciation study is found at para. 374 of the 2023-2024 GRA Decision: The Board agrees that a depreciation study is necessary and directs NS Power to file a depreciation study pri...

AI summary The Nova Scotia Energy Board (NSEB) directed NS Power to file a depreciation study prior to its next General Rate Application (GRA), including thermal assets with retirement dates beyond 2030 and specific facilities. The study aligns with the Decarbonization Deferral Account (DDA) process, though depreciation rates for pre-2030 assets will not be increased. The report is included in the current GRA filing.

2026-2027 GRA Direct Evidence Appendix 3A Page 5 of 14 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 25
2026-2027 GRA Direct Evidence Appendix 3A Page 5 of 14 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is a redacted appendix from a 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia. It contains confidential information removed, with no explicit content provided beyond the heading and page reference.

8. Annapolis Tidal Generation Facility p. p. 25
8. Annapolis Tidal Generation Facility The Board issued the following directive at para. 387 of the 2023-2024 GRA Decision: In the Board's opinion, the inclusion of the Annapolis Tidal Generation Facility in NS Power's regulatory amortizat...

AI summary The NSEB directed NS Power not to include the Annapolis Tidal Generation Facility in regulatory amortizations, citing a prior decision. NS Power has since forecast decommissioning the facility in 2027 and plans to apply for approval in 2026 to recover the remaining net book value over ten years.

9. Low-Income Customer Collections and Arrears p. p. 25
9. Low-Income Customer Collections and Arrears In discussing the need to address concerns about rates for customers, the Board provided the following directive at paragraph 411 of the 2023-2024 GRA Decision: The proposed review and consult...

AI summary The Nova Scotia Energy Board directed NS Power, the Affordable Energy Coalition, and the Consumer Advocate to review the 2013 rate changes and establish a systematic evaluation method. A working group, including these entities, has implemented initiatives to assist low-income customers and those in arrears, with reports due by April 30, 2023.

2026-2027 GRA Direct Evidence Appendix 3A Page 6 of 14 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 25
2026-2027 GRA Direct Evidence Appendix 3A Page 6 of 14 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary Redacted appendix from the 2026-2027 General Rate Application (GRA) proceeding, focusing on direct evidence. Context involves regulatory considerations for utility rate structures, cost recovery mechanisms, and potential impacts on customer classes.

10. Alternative Treatment of Interruptible Loads p. p. 25
10. Alternative Treatment of Interruptible Loads There were four directives arising from the 2023-2024 GRA which relate to the wholesale market, Open Access Transmission Tariff (OATT) and capacity-based ancillary services. The Board direct...

AI summary The Board directed NS Power to explore alternative treatment of interruptible loads following MEUs' support for the GRA Settlement Agreement and recommendations by Mr. Marshall. NS Power indicated interruptible loads are counted toward reserves when generation resources are insufficient. The Board urged analysis of cost implications for alternative treatments in the next GRA.

11. Alternative Treatment of -16 MW in AGC p. p. 25
11. Alternative Treatment of -16 MW in AGC The Board's directive on this item is set out at para. 482 of the 2023-2024 GRA Decision: Prior to the next GRA, NS Power is directed to explore alternative treatment of the - 16 MW requirement an...

AI summary The Nova Scotia Energy Board directed NS Power to explore alternative treatment of -16 MW in AGC to avoid double-charging transmission customers, as outlined in the 2023-2024 GRA Decision. NS Power addressed this in its report (SR-01 Attachment 1e).

12. Wreck Cove Spinning and 10-Minute Supplementary Reserve p. p. 25
12. Wreck Cove Spinning and 10-Minute Supplementary Reserve The Board addressed this directive at para. 485 of the 2023-2024 GRA Decision: Regarding the suggestion that Wreck Cove capacity may be over-credited in the 10 minute spinning res...

AI summary The Nova Scotia Energy Board evaluated NS Power's evidence regarding potential over-crediting of Wreck Cove capacity in 10-minute spinning reserve cost calculations, as outlined in para. 485 of the 2023-2024 GRA Decision. The Board considered NS Power's argument that units are utilized for both spinning reserve and 10-minute supplementary reserve purposes.

2026-2027 GRA Direct Evidence Appendix 3A Page 7 of 14 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 25
2026-2027 GRA Direct Evidence Appendix 3A Page 7 of 14 REDACTED (CONFIDENTIAL INFORMATION REMOVED) supplementary reserve, so the CBAS charges reflect that actual use of those assets. However, considering Mr. Marshall's questioning of the c...

AI summary The text addresses the need for NS Power to clarify its calculation methodology for spinning reserve and 10-minute supplementary reserve utilization in CBAS charges, as directed by a regulatory proceeding. NS Power has responded to this directive in SR-01 Attachment 1e.

13. Exclusion of CT Units from 30-Minute Supplemental Reserve p. p. 25
13. Exclusion of CT Units from 30-Minute Supplemental Reserve The final directive concerning capacity-based ancillary services is at para. 486 of the 2023-2024 GRA Decision: Regarding inclusion of less expensive CTs in the CBAS costing cal...

AI summary The Nova Scotia Energy Board (NSEB) directed NS Power to provide a more detailed explanation in its next GRA regarding the exclusion of CT units from 30-minute supplemental reserve calculations, finding NS Power's previous justification insufficient. NS Power addressed this in SR-01 Attachment 1e.

14. Updated FAM Tariff p. p. 25
14. Updated FAM Tariff In the NSEB's Decision and Order for approval of the 2024 FAM AA/BA Rider, the Board directed NS Power to amend the FAM Tariff language to account for the transition of customers moving both to and from FAM rates. Pa...

AI summary The NSEB directed NS Power to amend the FAM Tariff to address customer transitions between FAM rates, as outlined in Para. 52 of the 2024 FAM AA/BA Decision. Amendments must be submitted for approval in NS Power's next general rate application.

Status Summary of 2023-2024 GRA Directives p. p. 25
Status Summary of 2023-2024 GRA Directives Directive Status a. Submit annual reports on April 1, 2024-2026 Ongoing summarizing actual Levels 1-4 storm restoration costs for each yar of the Storm Rider trial period 2024 Filing: M11631 [para...

AI summary The document outlines various directives related to the 2023-2024 General Rate Application (GRA) for Nova Scotia Power (NSP). These include submitting annual storm restoration cost reports, including detailed storm restoration costs in cost recovery applications, developing a Climate Change Adaptation Plan, filing DSM true-up updates, submitting progress reports on stakeholder engagement for studies, and conducting a depreciation study as part of the Decarbonization Deferral Account (DDA) process.

2026-2027 GRA Direct Evidence Appendix 3B Page 6 of 54 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 27
2026-2027 GRA Direct Evidence Appendix 3B Page 6 of 54 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is a redacted appendix from a 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia. It contains confidential information removed, with no substantive content provided in the excerpt.

2026-2027 GRA Direct Evidence Appendix 3B Page 15 of 54 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 38
2026-2027 GRA Direct Evidence Appendix 3B Page 15 of 54 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary This redacted document is part of a Nova Scotia regulatory proceeding related to the 2026-2027 General Rate Application (GRA). It lists acronyms and references a Direct Evidence Appendix but contains no substantive content due to confidentiality restrictions.

2026-2027 GRA Direct Evidence Appendix 3B Page 16 of 54 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 39
2026-2027 GRA Direct Evidence Appendix 3B Page 16 of 54 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary This document is a redacted appendix from the 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia, with confidential information removed. It is part of a regulatory process involving utility cost recovery and rate design considerations.

2026-2027 GRA Direct Evidence Appendix 3B Page 32 of 54 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 54
2026-2027 GRA Direct Evidence Appendix 3B Page 32 of 54 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is a redacted page from a 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia, focusing on direct evidence. Key content is confidential and removed, with no explicit claims or arguments visible in the provided text.

Re-design p. p. 62
Re-design Re-design typically requires engineering input to modify/redevelop an asset to incorporate changes to reduce the risk of failure. In some cases, it may involve changing the design standard to ensure new assets of a particular typ...

AI summary Re-design involves modifying assets to reduce failure risks, often requiring engineering changes. It may alter design standards to improve performance or capacity, with costs classified as capital or operating expenditure. For example, increasing conductor sizing and re-designing fasteners can mitigate risks from wind events like hurricanes.

2026-2027 GRA Direct Evidence Appendix 3B Page 40 of 54 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 62
2026-2027 GRA Direct Evidence Appendix 3B Page 40 of 54 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary This document is a redacted appendix from a 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia, specifically Appendix 3B, Page 40 of 54. The content has been removed due to confidentiality, but it is part of a regulatory process involving cost recovery and rate-setting.

2026-2027 GRA Direct Evidence Appendix 3B Page 44 of 54 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 67
2026-2027 GRA Direct Evidence Appendix 3B Page 44 of 54 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is a redacted page from the 2026-2027 General Rate Application (GRA) Direct Evidence Appendix 3B, part of a Nova Scotia regulatory proceeding. No substantive content is visible due to redaction, but it is associated with cost recovery, rate design, and regulatory processes.

2026-2027 GRA Direct Evidence Appendix 3B Page 46 of 54 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 69
2026-2027 GRA Direct Evidence Appendix 3B Page 46 of 54 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is a redacted appendix from a 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia. It includes a list of acronyms and terms relevant to energy regulation, cost recovery mechanisms, and infrastructure planning, though the actual content is confidential and removed.

2026-2027 GRA Direct Evidence Appendix 3C Page 9 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 86
2026-2027 GRA Direct Evidence Appendix 3C Page 9 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary This document is a redacted page from Appendix 3C of the 2026-2027 General Rate Application (GRA) proceeding. It contains confidential information removed, focusing on regulatory evidence related to cost recovery, rate design, and energy management programs in Nova Scotia.

2026-2027 GRA Direct Evidence Appendix 3C Page 14 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 91
2026-2027 GRA Direct Evidence Appendix 3C Page 14 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is a redacted page from the 2026-2027 General Rate Application (GRA) Direct Evidence Appendix 3C, part of a Nova Scotia regulatory proceeding. No substantive content is visible due to redaction, but it is part of a broader rate-setting process involving cost recovery and regulatory analysis.

2026-2027 GRA Direct Evidence Appendix 3C Page 20 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 97
2026-2027 GRA Direct Evidence Appendix 3C Page 20 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is a redacted appendix from a Nova Scotia regulatory proceeding related to the 2026-2027 General Rate Application (GRA). Confidential information has been removed, and no substantive content is visible for analysis.

2026-2027 GRA Direct Evidence Appendix 3C Page 25 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 102
2026-2027 GRA Direct Evidence Appendix 3C Page 25 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is a redacted appendix from the 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia, containing confidential information removed. It is part of a larger document with 38 pages, currently on page 25.

2026-2027 GRA Direct Evidence Appendix 3C Page 30 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 107
2026-2027 GRA Direct Evidence Appendix 3C Page 30 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is part of a 2026-2027 GRA (General Rate Application) proceeding in Nova Scotia, with the content redacted. It is Appendix 3C, Page 30 of 38, and contains confidential information removed.

2026-2027 GRA Direct Evidence Appendix 3C Page 37 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 114
2026-2027 GRA Direct Evidence Appendix 3C Page 37 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary This document is a redacted appendix from a 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia. The content is confidential and removed, but the appendix is part of a regulatory process involving cost recovery, rate design, and utility operations. Key entities include Nova Scotia Energy Board (NSEB) and Nova Scotia Power Energy Marketing Inc. (NSPEMI).

REDACTED (CONFIDENTIAL INFORMATION REMOVED) REDACTED 2026-2027 GRA Direct Evidence Appendix 5A Page 1 of 38 p. p. 116
REDACTED (CONFIDENTIAL INFORMATION REMOVED) REDACTED 2026-2027 GRA Direct Evidence Appendix 5A Page 1 of 38

AI summary The document is a redacted appendix from a 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia. It contains confidential information and is part of a regulatory process involving utility rate structures and cost recovery mechanisms.

APPENDIX 5A 2026-2027 FUEL AND PURCHASED POWER p. p. 116
APPENDIX 5A 2026-2027 FUEL AND PURCHASED POWER

AI summary Appendix 5A outlines fuel and purchased power considerations for 2026-2027, referencing regulatory frameworks, cost recovery mechanisms, and energy management programs. It includes acronyms related to Nova Scotia's energy sector, such as DSM, FAM, and CRA, indicating focus areas like demand-side management, fuel adjustment, and compliance with environmental legislation.

REDACTED 2026-2027 GRA Direct Evidence Appendix SA Page 7 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 122
REDACTED 2026-2027 GRA Direct Evidence Appendix SA Page 7 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is a redacted appendix from a 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia, containing confidential information. Key acronyms related to energy regulation, cost recovery, and infrastructure are listed, though no substantive content is visible due to redaction.

REDACTED 2026-2027 GRA Direct Evidence Appendix 5A Page 9 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 123
REDACTED 2026-2027 GRA Direct Evidence Appendix 5A Page 9 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is a redacted appendix from a 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia. It contains confidential information removed, with no substantive content provided in the excerpt.

Preamble p. p. 123
- 5 Fuel costs are comprised of the delivered cost of solid fuels, natural gas, oil, and purchased power. - 6 The annual 2026-2027 GRA BCF is forecast to decrease from $1,039.1 million in the 2025 FAM - 7 Budget to an average of $918.5 mil...

AI summary The 2026-2027 GRA BCF is forecast to decrease from $1,039.1 million in 2025 to an average of $918.5 million, with total costs over two years reaching $1.8 billion. Fuel costs include solid fuels, natural gas, oil, and purchased power. Environmental regulations, such as the OBPS, are influencing costs, with compliance obligations increasing from $5.7 million in 2026 to $14.6 million in 2027.

1 Figure 5 – 2024-2027 NS Power Fuel and Purchased Power Costs Per MWh p. pp. 123-127
1 Figure 5 – 2024-2027 NS Power Fuel and Purchased Power Costs Per MWh 4 Figure 6 – 2026 BCF Component Cost Changes vs 2024 GRA Refresh 2 3 - 6 As shown above in Figure 6 , there is a total fuel cost decrease of $22 million in the 2026 GRA...

AI summary Figure 5 and Figure 6 illustrate NS Power's fuel and purchased power cost trends from 2024-2027, highlighting a $22 million decrease in 2026 BCF component costs compared to the 2024 GRA Refresh. This reduction is attributed to key cost drivers outlined in the analysis.

REDACTED 2026-2027 GRA Direct Evidence Appendix SA Page 13 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 128
REDACTED 2026-2027 GRA Direct Evidence Appendix SA Page 13 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary Redacted section of the 2026-2027 GRA Direct Evidence Appendix, focusing on regulatory proceedings related to rate applications and cost recovery mechanisms. Key terms include DSM, AA, and F&PP, though specific details are confidential.

REDACTED 2026-2027 GRA Direct Evidence Appendix SA Page 14 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 129
REDACTED 2026-2027 GRA Direct Evidence Appendix SA Page 14 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary Redacted page from a 2026-2027 GRA Direct Evidence Appendix in a Nova Scotia regulatory proceeding. Contains confidential information removed, with a list of acronyms related to energy regulation, cost recovery, and operational metrics.

1 Figure 10 - 2025 Breakdown of BCF by Fuel and Purchased Power Type p. pp. 129-130
1 Figure 10 - 2025 Breakdown of BCF by Fuel and Purchased Power Type REDACTED 2026-2027 GRA Direct Evidence Appendix SA Page 15 of 38

AI summary Figure 10 from the 2025 BCF breakdown by fuel and purchased power type is part of the 2026-2027 GRA Direct Evidence Appendix SA. It provides a visual representation of fuel cost allocation, contextualized within Nova Scotia's energy regulatory proceedings.

REDACTED 2026-2027 GRA Direct Evidence Appendix SA Page 16 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 131
REDACTED 2026-2027 GRA Direct Evidence Appendix SA Page 16 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is a redacted page from the 2026-2027 GRA Direct Evidence Appendix, part of a regulatory proceeding. Confidential information has been removed, and the content is not available for analysis.

1 Figure 12 - 2027 Breakdown of BCF by Fuel and Purchased Power Type p. pp. 131-132
1 Figure 12 - 2027 Breakdown of BCF by Fuel and Purchased Power Type 2 3 4 The following sections provide details on NS Power's 2026-2027 foel requirements compared to 5 the 2024 GRA Refresh. All commodities purchased in USD have been conv...

AI summary NS Power's 2026-2027 fuel requirements are compared to the 2024 GRA Refresh, with USD commodities converted to CAD using a forecasted exchange rate. The methodology for deriving this rate is detailed in Section 1.2.11 of the Application.

1 1.2.3 Long-Term Contracts 2 3 Long-term contracts are contracts which have a duration of four years or more. 4 5 NS Power for solid fuel within the 2026-2027 GRA Period for which the contract 6 term spans four years or more as set out in Confidential 14. 7 8 Figure 14 – CONFIDENTIAL 2026-2027 Long-Term Solid Fuel Contracts 9 Supplier Solid Fuel Type Contract Start Date Contract Expiry 10 11 1.2.3.1 Medium-Term Contracts 12 13 Medium-term contracts are defined as contracts with duration of one to three years. 14 15 NS Power for solid fuel within the 2026-2027 GRA Period for which the term 16 spans one to three years as set out in Figure 15. Volumes associated with these contracts are shown 17 in OE-01E . 18 19 Figure 15 – CONFIDENTIAL 2022-2024 Medium-Term Solid Fuel Contracts 20 Supplier Solid Fuel Type Contract Start Date Contract Expiry p. p. 132
1 1.2.3 Long-Term Contracts 2 3 Long-term contracts are contracts which have a duration of four years or more. 4 5 NS Power for solid fuel within the 2026-2027 GRA Period for which the contract 6 term spans four years or more as set out in...

AI summary The document outlines NS Power's long-term (four+ years) and medium-term (1-3 years) solid fuel contracts during the 2026-2027 GRA period, referencing Confidential Figures 14 and 15. Medium-term contracts are further detailed in Figure 15, with volumes in OE-01E. Long-term contracts span 2026-2027, while medium-term contracts cover 2022-2024.

24 1.2.6 Heavy Fuel Oil p. p. 132
24 1.2.6 Heavy Fuel Oil - 26 Depending on the relative market prices of each fuel, Tufts Cove may generate using HFO rather - 27 than natural gas in the dual-fired steam boilers (Units 2 & 3). 5 Swap contracts are financial instruments use...

AI summary Tufts Cove may use Heavy Fuel Oil (HFO) instead of natural gas based on market prices. Financial instruments like swap contracts and forward price curves are used to manage fuel costs. The Approvals of Natural Gas Transportation Contracts Regulations (N.S. Reg. 80/2019) under the Public Utilities Act allows approval of long-term transportation contracts.

REDACTED 2026-2027 GRA Direct Evidence Appendix SA Page 27 of 38 p. p. 132
REDACTED 2026-2027 GRA Direct Evidence Appendix SA Page 27 of 38

AI summary The document is a redacted appendix from a 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia. It includes technical and regulatory terminology related to energy management, cost recovery mechanisms, and utility operations, though no specific content or arguments are visible due to redaction.

1 1.2.9 Imports p. p. 132
1 1.2.9 Imports - 2 Over the 2026-2027 GRA period, there are two ways in which energy will be impoited into Nova - 3 Scotia: impo1ts through the Maritime Link and impo1ts through the interconnection between Nova - 4 Scotia and New Brnnswic...

AI summary The 2026-2027 GRA defines imports as energy from the Nova Scotia-New Brunswick interconnection and surplus Maritime Link energy, excluding the NS Block and Supplemental Energy. Confidential Figure 24 estimates total imports between 1,418 GWh and 1,435 GWh.

14 1.3.1 Background p. p. 132
14 1.3.1 Background - 15 The NSUARB approved forecast Maritime Link Project costs in each year for inclusion in rates to - 16 reflect the forecast interim assessment for the Maritime Link. 17 - 18 The Nova Scotia Block commenced in mid-Aug...

AI summary The NSUARB approved forecast costs for the Maritime Link Project for inclusion in rates. The Nova Scotia Block, initiated in 2021, is expected to deliver 894 GWh of base energy by 2026-2027, with supplemental energy agreements concluding in 2027. NS Power plans to purchase market-priced energy from Nalcor via the Maritime Link during 2026-2027.

REDACTED 2026-2027 GRA Direct Evidence Appendix 5A Page 34 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 132
REDACTED 2026-2027 GRA Direct Evidence Appendix 5A Page 34 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary Redacted page from a Nova Scotia regulatory proceeding related to the 2026-2027 General Rate Application (GRA) Direct Evidence Appendix 5A. The document contains confidential information and includes a list of acronyms relevant to energy regulation, utility operations, and environmental policies.

18 1.4 HEDGING PLAN p. p. 132
18 1.4 HEDGING PLAN 19 20 Fuel costs are subject to a variety of risks including commodity market, volumetric, basis, and 21 counterparty risk. Reducing market exposure through physical and financial hedges enables the 22 Company to manage...

AI summary NS Power's Fuel Hedging Plan (FHP) was filed in 2016 under the Electricity Plan Implementation (2015) Act to manage fuel cost volatility through physical and financial hedging. The FHP was approved by the Board for the 2017-2019 Rate Stabilization Period.

REDACTED 2026-2027 GRA Direct Evidence Appendix 5A Page 35 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 132
REDACTED 2026-2027 GRA Direct Evidence Appendix 5A Page 35 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED) 1 RSP progresses, the strategies and principles in the Plan could be validly applied to 2020 and 2 beyond assuming similar market...

AI summary NS Power's Fuel Hedging Plan (FHP) has effectively protected customers from commodity price increases since 2016. The plan aims to reduce F&PP cost volatility and prevent significant fuel-related deferrals. NS Power intends to continue using the same hedging approach as previous periods, despite no legislative requirement for UARB approval.

REDACTED 2026-2027 GRA Direct Evidence Appendix 5A Page 36 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 132
REDACTED 2026-2027 GRA Direct Evidence Appendix 5A Page 36 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is part of a 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia, with confidential information redacted. It references regulatory processes involving cost recovery, rate adjustments, and energy management systems, though specific details are omitted.

REDACTED 2026-2027 GRA Direct Evidence Appendix 5A Page 38 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 132
REDACTED 2026-2027 GRA Direct Evidence Appendix 5A Page 38 of 38 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary This redacted document is part of a Nova Scotia regulatory proceeding related to the 2026-2027 General Rate Application (GRA). It contains confidential information removed from Appendix 5A, Page 38 of 38, likely involving evidence or data pertinent to rate-setting, cost recovery, or compliance with energy regulations.

11 1.4.4.2 Financial Contracts p. p. 132
11 1.4.4.2 Financial Contracts 12 13 Financial contracts primarily take the form of futures, forwards, and swaps. Generally, NS Power 14 is the buyer of these contracts which means it will be obligated to pay a fixed price known at the 15...

AI summary NS Power uses financial contracts (futures, forwards, swaps) to hedge fuel and purchased power costs, stabilizing expenses by offsetting price volatility. Contracts obligate NS Power to pay fixed prices in exchange for floating payments tied to market prices, reducing cost variability and enhancing predictability. Options and structured products may be used if economically viable and market conditions permit.

2026-2027 GRA Direct Evidence Appendix 5C Page 1 of 2 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. pp. 132-156
2026-2027 GRA Direct Evidence Appendix 5C Page 1 of 2 REDACTED (CONFIDENTIAL INFORMATION REMOVED) PNS-53466-P1K7V0 March 25, 2025 David Pickles COO, Nova Scotia Power Incorporated PO Box 910 Halifax, NS B3J 2W5

AI summary This document is a redacted appendix from a 2026-2027 General Rate Application (GRA) proceeding, submitted by Nova Scotia Power Incorporated. It includes a letter from David Pickles, COO, dated March 25, 2025, addressing the GRA process. The content is partially redacted, likely due to confidential information.

2026-2027 GRA Direct Evidence Appendix 6A Page 1 of 10 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 156
2026-2027 GRA Direct Evidence Appendix 6A Page 1 of 10 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is a redacted appendix from a Nova Scotia regulatory proceeding related to the 2026-2027 General Rate Application (GRA). It contains confidential information and no substantive content is visible in the provided text.

Appendix 6A p. p. 156
Appendix 6A FAM Framework

AI summary Appendix 6A discusses the Fuel Adjustment Mechanism (FAM) framework, a regulatory component for managing fuel cost fluctuations in energy pricing. It outlines methodologies for adjusting rates based on fuel expenses, ensuring alignment with operational costs and compliance with Nova Scotia's energy regulatory guidelines.

REDACTED (CONFIDENTIAL INFORMATION REMOVED) 2026-2027 GRA Direct Evidence Appendix 6A Page 2 of 10 p. p. 156
REDACTED (CONFIDENTIAL INFORMATION REMOVED) 2026-2027 GRA Direct Evidence Appendix 6A Page 2 of 10

AI summary The document is a redacted page from a Nova Scotia regulatory proceeding related to the 2026-2027 General Rate Application (GRA) Direct Evidence Appendix 6A. It is page 2 of 10, with confidential information removed. The GRA process involves rate-setting and cost recovery mechanisms for utility services.

1 FAM FRAMEWORK p. pp. 156-160
1 FAM FRAMEWORK The Fuel Adjustment Mechanism (FAM) is governed by the Plan of Administration (POA) which was introduced for the 2009 calendar year and which is periodically updated and approved by the NSEB. The FAM also uses the Cost of S...

AI summary The Fuel Adjustment Mechanism (FAM) is governed by the Plan of Administration (POA), introduced in 2009 and updated by the Nova Scotia Energy Board (NSEB). The FAM uses Cost of Service (COS) data to allocate fuel costs among customer classes.

1.1 FAM Plan of Administration p. pp. 160-161
1.1 FAM Plan of Administration The POA outlines the application and administration of the FAM. It includes descriptions of the base cost of fuel, adjustment components, calculation methodologies, audit provisions, and stakeholder review an...

AI summary The Fuel Adjustment Mechanism (FAM) Plan of Administration (POA) outlines procedures for resetting the Base Cost of Fuel (BCF) and adjusting rates. NS Power seeks approval for an updated POA as part of the 2026-2027 General Rate Application (GRA), including a new BCF. The current POA, approved by the Nova Scotia Energy Board (NSEB) in January 2024, allows BCF resets via GRA, legislation, or NSEB orders.

1.2.3 Balance Adjustment (BA) p. pp. 161-163
1.2.3 Balance Adjustment (BA) The BA represents the difference in the prior year between the actual fuel costs and the fuel-related revenue recovered from customers. As noted above, although the FAM AA calculation uses 12 months of actual...

AI summary The Balance Adjustment (BA) reconciles differences between actual fuel costs and recovered revenue, incorporating deferred Fuel Adjustment Mechanism (FAM) amounts and non-fuel revenue overrecoveries. BA rates are calculated using cumulative variances divided by forecast sales, with residual balances carried forward. The reporting process was updated in 2018 to use annual actual data, and the Plan of Administration (POA) is revised to include a Community Solar Energy Credit Rider.

2026-2027 GRA Direct Evidence Appendix 6A Page 7 of 10 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 163
2026-2027 GRA Direct Evidence Appendix 6A Page 7 of 10 REDACTED (CONFIDENTIAL INFORMATION REMOVED) The last paragraph of the application stated: The on-bill credit related to the Community Solar Program, and other emerging customer renewab...

AI summary NS Power seeks approval for a Community Solar Energy Credit Rider and plans to revise the FAM POA to include on-bill credits from renewable programs as FAM costs. The NSUARB approved the rider, and the SWG had no comments on the POA revisions.

1.4.6 Housekeeping Updates p. p. 166
1.4.6 Housekeeping Updates The revised POA submitted includes a number of changes related to housekeeping items, including: - References to Nova Scotia Utility and Review Board (NSUARB) are changed to Nova Scotia Energy Board (NSEB); - Upd...

AI summary The revised POA includes updates to references from NSUARB to NSEB, revised dates for the 2026/2027 GRA process, and adjustments in section 3.1 for transitioning to a FAM class.

2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 1 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. pp. 166-168
2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 1 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary Redacted appendix for the 2026-2027 General Rate Application (GRA) in Nova Scotia, focusing on direct evidence. The document is part of a regulatory proceeding involving cost recovery mechanisms and energy management systems, with confidential information removed.

NS Power FUEL ADJUSTMENT MECHANISM PLAN OF ADMINISTRATION IN EFFECT FOR 2026-2027 p. p. 168
NS Power FUEL ADJUSTMENT MECHANISM PLAN OF ADMINISTRATION IN EFFECT FOR 2026-2027

AI summary NS Power's Fuel Adjustment Mechanism Plan of Administration for 2026-2027 outlines the framework for managing fuel costs and related adjustments. The plan is subject to regulatory oversight by the Nova Scotia Energy Board (NSEB) and involves mechanisms like the DSM Cost Recovery Rider (DCRR) and General Rate Application (GRA).

1.0 GENERAL DESCRIPTION p. pp. 168-170
1.0 GENERAL DESCRIPTION This document describes the plan for administering Nova Scotia Power Inc.'s (NS Power) Fuel Adjustment Mechanism (FAM), which was approved by the Nova Scotia Utility and Review Board (as of April 1, 2025 referred to...

AI summary The document outlines Nova Scotia Power Inc.'s Fuel Adjustment Mechanism (FAM), approved by the Nova Scotia Energy Board (NSEB), which recovers fuel costs from customers. The Base Cost of Fuel is reset every two years via General Rate Applications (GRA) or Board orders, with stakeholder input and audits ensuring transparency. The FAM adjusts rates based on actual vs. base fuel costs.

2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 4 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 170
2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 4 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Interest will be added to all over/under-balance amounts and calculated at NS Power's Annual Weighted Average Cost of Capital (WACC)...

AI summary Interest is applied to over/under-balance amounts using NS Power's WACC. The Fuel Adjustment Mechanism (FAM) recovers fuel cost changes via Actual Adjustment (AA) and Balancing Adjustment (BA) for each rate class, calculated as the difference between actual fuel costs and Base Cost of Fuel (BCF) on a ¢/kWh basis.

2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 5 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 170
2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 5 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary This document is a redacted appendix from a 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia. Confidential information has been removed, and the content pertains to direct evidence submitted as part of the regulatory process.

2.0 FAM COMPONENTS p. pp. 170-172
2.0 FAM COMPONENTS Each January 1 through December 31 period shall constitute a distinct FAM year. Under the FAM, an adjustment will normally be calculated once per year to reflect the over/-under recovery. The FAM adjustment will consist...

AI summary The Fuel Adjustment Mechanism (FAM) establishes annual adjustments (January 1–December 31) to recover fuel and purchased power costs. Adjustments are calculated yearly and consist of two components for cost recovery.

2. The Balancing Adjustment Component (BA) p. p. 172
2. The Balancing Adjustment Component (BA) - a. The Balancing Adjustment Component will provide for a correction to ensure that over/under-recovery produced by the Actual Adjustment Component is tracked and refunded to or recovered from cu...

AI summary The Balancing Adjustment Component (BA) ensures correction of over/under-recovery from the Actual Adjustment Component by refunding or recovering funds from customers. It may also defer fuel and purchased power costs under specific Board approval, including those from FAM adoption or future decisions.

3.0 CALCULATION OF THE FAM RATE p. pp. 172-173
3.0 CALCULATION OF THE FAM RATE NS Power's FAM is a forecasted base fuel rate operating on an annual cycle that includes an over/under recovery mechanism consisting of an Actual Adjustment (AA) and Balance Adjustment (BA). The following fo...

AI summary NS Power's Fuel Adjustment Mechanism (FAM) uses an annual formula combining Actual Adjustment (AA) and Balance Adjustment (BA) to reconcile fuel costs. AA reflects over/under recovery of Base Cost of Fuel (BCF) at specific dates, with October-December adjustments deferred. BA manages prior adjustments and deferred costs approved by the Board.

2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 7 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 173
2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 7 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) The BA rate is calculated for the following year (year 2) on the basis of the overor under-recovery of the Actual Adjustment and Bal...

AI summary The document outlines the calculation methodology for Balance Adjustment (BA) and Actual Adjustment (AA) rates, referencing Appendix A for FAM calculations and the FAM Tariff in Appendix D. Fuel-related costs are allocated to specific customer classes using test year principles, with a focus on non-FAM and ATL classes.

2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 8 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 173
2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 8 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Wholesale Market Backup/Top-up Service Tariff (BUTU). - 2. For ATL and BUTU classes the following costs and credits - a. NS Power's...

AI summary The document outlines cost allocation methodologies for Wholesale Market Backup/Top-up Service Tariff (BUTU) and Above-the-Line (ATL) classes, including fuel costs, biofuel expenses, import costs, and export credits. Fuel costs are allocated based on energy contribution, while demand-related costs use load factors and peak contributions. Scaling via revenue-to-cost ratios ensures alignment with approved rates.

2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 9 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 173
2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 9 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) relative share of the total fuel costs. - 6. The interest amount on the over- or under-recovery of fuel costs is apportioned to the...

AI summary The document outlines the methodology for apportioning interest on fuel cost variances to rate classes annually, distinguishing between over/under recovery scenarios. It details the calculation of the Actual Adjustment (AA) component for the Fuel Adjustment Mechanism (FAM), using forecast energy sales to determine credits or charges applied to customer bills for the subsequent year.

2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 10 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 173
2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 10 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) 2026 will be used to determine the AA charge or credit for 2027. The Balance Adjustment (BA) component of the FAM will be set to re...

AI summary The text outlines that 2026 data will determine the Actual Adjustment (AA) charge or credit for 2027. The Balance Adjustment (BA) component of the Fuel Adjustment Mechanism (FAM) recovers or refunds under/over-recovery from prior adjustments, including sales volume variances, Base Cost of Fuel (BCF) discrepancies, and interest. Other fuel-related factors require Board approval.

3.1 Treatment of load migrating between FAM/non-FAM classes p. p. 173
3.1 Treatment of load migrating between FAM/non-FAM classes When a customer transitions some or all of its load between FAM- and non-FAM classes, NS Power shall treat the customer's migrating load in accordance with Special Condition 3 of...

AI summary When customers migrate load between FAM- and non-FAM classes, NS Power must apply Special Condition 3 of the FAM Tariff. This establishes the methodology for handling load shifts between these classes under the regulatory framework.

3.2 Allowable Fuel and Purchased-Power Costs p. p. 173
3.2 Allowable Fuel and Purchased-Power Costs This section of the POA provides a framework for the fuel and purchased-power costs eligible for recovery through the FAM. Those costs will include allowable fuel expenses plus purchased-power e...

AI summary The section outlines allowable fuel and purchased-power costs recoverable via the FAM, including normal expenses and discrepancies supported by evidence. Exceptional costs are reviewed by the Small Working Group. NS Power acknowledges audit and NSEB approval requirements.

3.2.1 Natural Gas p. p. 173
3.2.1 Natural Gas - Natural Gas Consumed - Financial Instruments used for Hedging (including gains, losses, fees and interest charges) - Pipeline Reservation Fees, Tolls, Penalties (such as imbalance charges) - Pipeline Losses - Natural Ga...

AI summary The section outlines various cost components related to natural gas, including consumption, hedging financial instruments, pipeline fees, storage costs, and GHG emission compliance program expenses.

2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 20 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 173
2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 20 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is a redacted appendix from the 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia. No substantive content is visible due to redaction, but it is part of a regulatory process involving cost recovery, rate design, and utility operations.

2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 21 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 173
2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 21 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary This document is part of the 2026-2027 General Rate Application (GRA) Direct Evidence Appendix 6B, page 21 of 33. It contains redacted confidential information related to regulatory proceedings in Nova Scotia. The GRA process involves cost recovery mechanisms, rate design, and evidence submission for utility services.

3.4 Deferrals p. p. 173
3.4 Deferrals During the 2026-2027 GRA Period, NS Power may include prior FAM deferrals for certain rate classes (Large General, Medium Industrial, and Large Industrial) in order to save additional interest charges which would accrue by fu...

AI summary During the 2026-2027 GRA Period, NS Power may include prior FAM deferrals for certain rate classes to avoid additional interest charges that would accrue by deferring these amounts until the end of the period. This approach aims to optimize financial obligations related to deferred costs.

Annual Filing Requirements for Fuel Adjustment Rider p. p. 189
Annual Filing Requirements for Fuel Adjustment Rider For the years 2026 and 2027 NS Power will submit as required a Fuel Adjustment Mechanism Formula filing for the AA and BA, which shall provide a forecast of general system requirements a...

AI summary NS Power is required to submit Fuel Adjustment Mechanism Formula filings for 2026 and 2027, including forecasts of general system requirements and proposed calculations for the Fuel Adjustment Mechanism Formula. These filings pertain to Actual Adjustment (AA) and Balance Adjustment (BA) components.

2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 24 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 189
2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 24 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is a redacted page from the 2026-2027 GRA Direct Evidence Appendix 6B, part of a Nova Scotia regulatory proceeding. No substantive content is visible due to redaction, but it is associated with the General Rate Application process.

5.0 AUDIT AND OVERSIGHT p. pp. 189-191
5.0 AUDIT AND OVERSIGHT The amounts charged through the FAM shall be subject to periodic audit to assure completeness and accuracy and to assure fuel and purchased power costs were incurred reasonably and prudently. The results of any audi...

AI summary The Fuel Adjustment Mechanism (FAM) is subject to periodic audits to ensure accuracy and prudent cost recovery. Audit results may influence future hearings for adjusting Base Cost of Fuel, Fuel Adjustment Factor, or General Rate Cases, with potential adjustments by the Board.

Significant FAM Changes p. p. 191
Significant FAM Changes Where, in the absence of a General Rate Application, an increase for any customer class of more than 10 percent compared with the rate payable in the prior year is caused by the application of the FAM procedures, th...

AI summary The document states that if the Fuel Adjustment Mechanism (FAM) causes a customer class rate increase exceeding 10% annually without a General Rate Application (GRA), the Board should implement measures to assist affected customers.

2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 27 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 191
2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 27 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) The Board will monitor the operation of the FAM closely and reservesthe right to intervene in any circumstance where it believes an...

AI summary The Nova Scotia Energy Board will monitor the Fuel Adjustment Mechanism (FAM) and retain authority to intervene if rate increases for customer classes are deemed unacceptable or against public interest, potentially deferring portions of increases to future periods.

2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 28 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 191
2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 28 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary This document is a redacted appendix from a 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia, focusing on direct evidence. Confidential information has been removed, limiting the visibility of specific arguments or data.

6.0 STAKEHOLDER REVIEW AND DISCOVERY p. pp. 191-196
6.0 STAKEHOLDER REVIEW AND DISCOVERY Monthly, quarterly and annual non-confidential and confidential reporting will be available for access and viewing. NS Power confidential reporting will be available electronically or in a confidential...

AI summary The document outlines stakeholder access to NS Power's non-confidential and confidential fuel cost reports, including requirements for confidentiality agreements. It details procedures for reviewing and challenging fuel cost methodologies, forecasts, and adjustments (AA/BA) during hearings. Definitions for key terms like Base Cost of Fuel (BCF), Actual Adjustment (AA), and Balance Adjustment (BA) are provided, along with access protocols for electronic data and reports.

2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 30 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 196
2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 30 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Base Cost of Fuel Component – BCF: is the Base Cost of Fuel per kWh (¢/kWh) included in NS Power's rates. Business Day: is any day...

AI summary Defines terms related to Nova Scotia Power's rate structures, including Base Cost of Fuel (BCF), compliance filings, export sales, and fuel cost recovery mechanisms. Highlights the calculation of fuel costs recovered through BCF and the components of General Rate Applications.

2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 31 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 196
2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 31 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) GRA Period refers to the period beginning January 1, 2026 and ending December 31, 2027 or to such time as determined by the NSEB. G...

AI summary The document defines key terms related to the 2026-2027 GRA, including GRLF revenue, administration costs, and financial adjustments like AA and BA. It references NSPEMI, a subsidiary of NS Power, and outlines mechanisms for fuel cost recovery and balance adjustments over the GRA period.

2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 32 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 196
2026-2027 GRA Direct Evidence Appendix 6B (Clean) Page 32 of 33 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Prior Year's Accumulated Interest: the interest accumulated over the previous year on the balance in the 'Balancing Account' to be...

AI summary The document defines financial and operational terms for the 2026-2027 GRA, including interest recovery, balance adjustments, purchased power, system requirements, real-time pricing charges, and water royalties. These terms are part of a regulatory proceeding in Nova Scotia.

Fuel Adjustment Mechanism Plan of Administration in Effect for 20232026- 20242027 p. p. 201
Fuel Adjustment Mechanism Plan of Administration in Effect for 20232026- 20242027 May 8XXXXXApril 25May 28, 20232025

AI summary The Fuel Adjustment Mechanism (FAM) Plan of Administration outlines the regulatory framework for fuel cost adjustments between 2023-2026 and 2024-2027. It governs how fuel costs are managed and passed on to consumers during the specified periods.

1.0 GENERAL DESCRIPTION p. p. 201
1.0 GENERAL DESCRIPTION This document describes the plan for administering Nova Scotia Power Inc.'s (NS Power) Fuel Adjustment Mechanism (FAM), which was approved by the Nova Scotia Utility and Review Board (as of April 1, 2025 referred to...

AI summary The document outlines NS Power's Fuel Adjustment Mechanism (FAM) plan, approved by the Nova Scotia Energy Board (NSEB). It details how the Base Cost of Fuel is calculated, reset via General Rate Applications (GRA), and adjusted for under-recovery balances. Stakeholders may challenge methodology and forecasts, with the Board conducting audits. Rates are adjusted based on the Cost of Service Study (COSS).

2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 4 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 201
2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 4 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) The FAM will pass through the difference between actual costs and the Base Cost of Fuel to customers calculated on a ¢/kWh basis....

AI summary The Fuel Adjustment Mechanism (FAM) will pass through fuel cost differences between actual costs and the Base Cost of Fuel (BCF) to customers on a ¢/kWh basis. Interest on over/under-balances will be calculated using NS Power's Annual Weighted Average Cost of Capital (WACC). Adjustments include Actual Adjustment (AA) and Balancing Adjustment (BA) per rate class.

2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 5 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 201
2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 5 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is a redacted appendix from a 2026-2027 General Rate Application (GRA) proceeding in Nova Scotia, containing confidential information removed. It is part of the Direct Evidence Appendix 6B (Redline), page 5 of 35.

2.0 FAM COMPONENTS p. p. 201
2.0 FAM COMPONENTS Each January 1 through December 31 period shall constitute a distinct FAM year. Under the FAM, an adjustment will normally be calculated once per year to reflect the over/-under recovery. The FAM adjustment will consist...

AI summary The Fuel Adjustment Mechanism (FAM) establishes annual periods (January 1–December 31) for calculating adjustments to recover fuel and purchased power costs. Adjustments are determined yearly to reflect over/under recovery, with two components designed to ensure cost recovery.

2. The Balancing Adjustment Component (BA) p. p. 201
2. The Balancing Adjustment Component (BA) - a. The Balancing Adjustment Component will provide for a correction to ensure that over/under-recovery produced by the Actual Adjustment Component is tracked and refunded to or recovered from cu...

AI summary The Balancing Adjustment Component (BA) corrects over/under-recovery from the Actual Adjustment Component (AA) and may defer fuel/purchased power costs with Board approval. The Fuel Adjustment Mechanism (FAM) includes AA and BA, with AA calculated annually based on fuel cost differences and BA managing prior adjustments and deferred costs.

2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 7 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 201
2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 7 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) The BA rate is calculated for the following year (year 2) on the basis of the overor under-recovery of the Actual Adjustment and B...

AI summary The document outlines the methodology for calculating Balancing Adjustment (BA) and Actual Adjustment (AA) rates for the 2026-2027 General Rate Application (GRA). It references Appendix A for sample Fuel Adjustment Mechanism (FAM) calculations and emphasizes fuel cost allocation across bundled and unbundled service classes, including Generation Replacement and Load Following (GRLF), Extra-Large Industrial Active Demand Control (ELIADC), and tariffs like Open Access Transmission Tariff (OATT).

2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 8 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 201
2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 8 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) - d. All remaining fuel-related costs will be allocated to ATL classes and the Wholesale Market Backup/Top-up Service Tariff (BUTU...

AI summary The document outlines fuel cost allocation rules for ATL classes and BUTU, specifying 100% energy-related classification for certain costs. It details segregation of in-province purchased power from wind and biomass into energy/demand categories, using load factors and concurrent generation practices. Avoidable fuel costs apply to Wholesale Market Non-Dispatchable Supplier Spill Tariff and BUTU.

2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 10 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 201
2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 10 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) e. Maritime Link imports under Nova Scotia Block will be classified to energy and demand on the basis of the system load factor a...

AI summary The document outlines methods for classifying and allocating costs related to Maritime Link imports, non-firm imports, and biomass generation. It specifies allocations based on system load factors, coincident contribution to system peaks, and energy requirements, with adjustments using revenue-to-cost ratios to align fuel costs with rate revenues.

2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 11 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 201
2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 11 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) following approach: - a. In a year where the interest amount owed to customers by NS Power at the end of September coincides with...

AI summary NS Power outlines methods for apportioning interest expenses/credits tied to fuel cost variances and explains how the Fuel Adjustment Mechanism (FAM) calculates Actual Adjustment (AA) and Balance Adjustment (BA) components. Interest is allocated based on fuel cost variance shares, while AA/BA charges are determined using forecast energy sales and BCF variances.

3.1 Treatment of load migrating tobetween FAM/non-FAM classes p. p. 201
3.1 Treatment of load migrating tobetween FAM/non-FAM classes When a customer transitions some or all of its load from abetween FAM-class to and non-FAM classes, NS Power shall treatdetermine the customer's outstanding fuel cost imbalance...

AI summary When customers migrate load between FAM and non-FAM classes, NS Power must calculate fuel cost imbalances using Special Condition 3 of the FAM Tariff. Adjustments are based on UARB decisions in subsequent proceedings and require UARB approval. Payment terms for imbalances must be agreed upon by NS Power and the customer, with carrying costs applied if unresolved.

3.2.1 Natural Gas p. p. 201
3.2.1 Natural Gas - Natural Gas Consumed - Financial Instruments used for Hedging (including gains, losses, fees and interest charges) - Pipeline Reservation Fees, Tolls, Penalties (such as imbalance charges) - Pipeline Losses - Natural Ga...

AI summary The section outlines various costs associated with natural gas, including consumption, hedging financial instruments, pipeline fees, storage costs, and GHG emission compliance program expenses.

2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 17 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 201
2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 17 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary This document is part of the 2026-2027 General Rate Application (GRA) process, specifically Appendix 6B (Redline) from a Nova Scotia regulatory proceeding. The content is redacted, indicating confidential information has been removed, and it appears to be a draft or revised version of evidence submitted for review.

3.2.15 Limited-Duration Fuel Testing p. p. 201
3.2.15 Limited-Duration Fuel Testing Page 21 of 33 These fuel testing costs (including solid fuel, liquid fuel and additives such as PAC) consist of the amounts directly incurred for shipping and handling and for conducting the test (e.g.,...

AI summary The document outlines costs associated with limited-duration fuel testing, including shipping, handling, and third-party analysis for solid, liquid fuels, and additives like PAC. These costs are restricted to non-capital expenses and must be separately identified in regulatory proceedings.

2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 22 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 201
2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 22 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) the Company's accounting records.

AI summary Redacted page from the 2026-2027 GRA Direct Evidence Appendix 6B discussing the Company's accounting records as part of a Nova Scotia regulatory proceeding.

2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 23 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 201
2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 23 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary This document is part of the 2026-2027 General Rate Application (GRA) proceedings, focusing on direct evidence related to cost recovery and rate adjustments. Key entities include Nova Scotia Power and the Nova Scotia Energy Board, with topics covering rate design and DSM cost recovery mechanisms.

3.4 Deferrals p. p. 201
3.4 Deferrals During the 2023-20242026-2027 GRA Period, NS Power may include prior FAM deferrals for certain rate classes (Large General, Medium Industrial, and Large Industrial) in order to save additional interest charges which would acc...

AI summary NS Power may include prior Fuel Adjustment Mechanism (FAM) deferrals for Large General, Medium Industrial, and Large Industrial rate classes during the 2023-2024 to 2026-2027 General Rate Application (GRA) period to avoid additional interest charges by deferring amounts until the end of the period.

2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 24 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 201
2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 24 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary This redacted page from the 2026-2027 GRA Direct Evidence Appendix 6B discusses confidential aspects of a regulatory proceeding, likely involving rate applications, cost recovery mechanisms, and energy management programs. Key focus areas include DSM, DER, and administrative cost allocations.

2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 26 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 201
2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 26 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is a redacted page from a Nova Scotia regulatory proceeding related to the 2026-2027 General Rate Application (GRA). It includes a direct evidence appendix focusing on cost recovery mechanisms, though specific details are omitted due to confidentiality.

5.0 AUDIT AND OVERSIGHT p. p. 201
5.0 AUDIT AND OVERSIGHT The amounts charged through the FAM shall be subject to periodic audit to assure completeness and accuracy and to assure fuel and purchased power costs were incurred reasonably and prudently. The results of any audi...

AI summary The Fuel Adjustment Mechanism (FAM) charges are subject to periodic audits to ensure accuracy and prudence in fuel and purchased power costs. Audit results influence future Board hearings for adjusting Base Cost of Fuel or Fuel Adjustment Factor, or initiating a General Rate Case. The Board may adjust existing balances or recovered amounts, including interest, based on audit findings.

2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 29 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 201
2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 29 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) The Board will monitor the operation of the FAM closely and reserves the right to intervene in any circumstance where it believes...

AI summary The Nova Scotia Energy Board (NSEB) will monitor the Fuel Adjustment Mechanism (FAM) and retain authority to intervene if customer class rate increases are deemed unacceptable or against public interest, potentially deferring portions of increases to future periods.

2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 30 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 201
2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 30 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document is a redacted page from the 2026-2027 GRA Direct Evidence Appendix 6B, part of a Nova Scotia regulatory proceeding. No substantive content is visible due to confidentiality redactions.

6.0 STAKEHOLDER REVIEW AND DISCOVERY p. p. 201
ses. Notwithstanding the foregoing, stakeholders shall not be precluded from reviewing prior years' actual results versus prior forecasts in addressing the propriety of the succeeding year's forecast. 2026-2027 GRA Direct Evidence Appendix...

AI summary The document outlines stakeholder review processes for evaluating forecasts against prior years' actual results and defines key terms like Actual Adjustment (AA), Balance Adjustment (BA), and Annual Weighted Average Cost of Capital (WACC). It emphasizes transparency in fuel cost recovery and balance adjustments, with definitions critical to regulatory proceedings.

2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 33 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 201
2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 33 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) 20242026-2027 GRA Period refers to the period beginning January 1, 20236 and ending December 31, 20247 or to such time as determi...

AI summary The document outlines the 2026-2027 GRA period, defining terms like GRLF Revenue, Net Generation by Fuel Type, and NSPEMI. It discusses over/under-recovery of fuel costs and balance adjustments for prior years, impacting customer refunds or recoveries.

2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 34 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 201
2026-2027 GRA Direct Evidence Appendix 6B (Redline) Page 34 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Prior Year's Accumulated Interest: the interest accumulated over the previous year on the balance in the 'Balancing Account' to b...

AI summary The document defines financial and operational terms related to the 2026-2027 GRA, including Prior Year's Accumulated Interest, Balancing Account balances, Total Purchased Power, System Requirements, Two-Part Real Time Pricing charges for ELI 2P-RTP customers, and Water Royalties. These terms outline mechanisms for cost recovery, pricing adjustments, and environmental compliance.

N-62026-2027 GRA Appendix 7A-E - Redacted 7 passages
OM&G Costs by Group p. p. 5
OM&G Costs by Group OM&G costs by group are discussed in this document. Appendix 7C provides a Variance Analysis by Account comparing annual OM&G expenditures in the 2023-2024 GRA Compliance Filing forecast for 2024 (reflecting expenses in...

AI summary The document discusses OM&G costs by group, including a variance analysis comparing 2024 OM&G expenditures (under the NSUARB-approved 2023-2024 GRA Settlement Agreement) to 2026-2027 forecasts. NS Power's OM&G costs are categorized into five operating groups, corporate groups, and adjustments, with detailed descriptions of each group's functions.

1.5.3 Energy Delivery Services p. p. 10
1.5.3 Energy Delivery Services Energy Delivery Services is a new department created since the 2023-2024 GRA which includes Workforce Scheduling, Regional Planning and Meter and Inspection Services. The increase of $2.1 million in 2024 actu...

AI summary Energy Delivery Services, a new department since the 2023-2024 GRA, saw a $2.1M increase in operating expenses due to higher demand for wiring inspections, increased staffing (43 to 53 employees), and fleet fuel costs. The AMI Opt-out fee's non-approval led to sustained manual meter reading, offsetting some costs. Revenue from customer-requested work is reflected in 'Other Revenue.'

Grid Modernization and Customer Integration p. pp. 22-26
ay 2, 2025. REDACTED Appendix 7A – OM&G Costs by Group Customer Experience team, with the team growing from 9 employees forecast in the restated 2024 GRA Compliance forecast to 15 positions in 2024. The Customer Experience Team consists of...

AI summary The Customer Experience team is expanding from 9 to 15 employees in 2024 to support new digital tools and TVP rate options. The Telecom team's expenses are increasing due to more connected assets for grid modernization, enhancing reliability and renewable integration.

1.7 Environmental Services and Policy p. p. 27
1.7 Environmental Services and Policy The Environmental Services and Policy group is responsible for completing environmental monitoring and compliance activities. Actual 2024 operating expense for the Environment team was $3.1 million as...

AI summary The Environmental Services and Policy group manages environmental compliance, with 2024 expenses exceeding the GRA forecast due to higher-than-expected inflation. The GRA budget for Environment is projected to decrease in 2025 and increase slightly in 2026-2027.

1.8.3 Increased Contract Pricing p. p. 30
1.8.3 Increased Contract Pricing NS Power has seen significantly increased contract pricing from many of its IT service providers since the time of preparing the 2023-2024 GRA forecast in 2021. With the increasing digitalization of the Com...

AI summary NS Power reports increased IT service costs since the 2021 GRA forecast, driven by new digital solutions like MyAccount and higher prices for existing systems (e.g., Oracle ERP). A $2.4M increase in the Rental and Maintenance account is noted, with ongoing evaluations of IT portfolio value.

1.8.7 Regulatory Affairs p. p. 30
1.8.7 Regulatory Affairs Regulatory Affairs expense was $9.4 million in 2024, an increase of $2.4 million from the restated 2024 GRA Compliance forecast of $7.0 million. The increased costs consist of $1.9 million of consulting expense, $0...

AI summary Regulatory Affairs expenses increased to $9.4 million in 2024 due to higher regulatory proceedings volume. NS Power plans to increase costs by inflation rates for 2026-2027 and defer certain GRA-related costs to 2026-2027.

Administration p. p. 30

AI summary This document is part of a 2026-2027 Nova Scotia Utility and Review Board (NSUARB) General Rate Application (GRA) proceeding, containing redacted direct evidence from Appendix 7C. Confidential information has been removed, and the content relates to regulatory proceedings involving energy infrastructure and rate design.

N-72026-2027 GRA Appendix 8A-G -Depreciation Study - Redacted 3 passages
Section 798
osts were recorded. In cases where only the total decommissioning/removal costs were available, the portion attributable to environmental costs was estimated. To update the environmental costs, Hatch assumed that the 2018 environmental cos...

AI summary Hatch updated environmental cost estimates for NSPI assets by applying the 2018 environmental cost estimating matrix to 2024 dollars, verifying the scoring criteria, and comparing actual project costs to previous estimates.

Section 1159
uded in the 2018 Hydro Asset Archaeology Program. The following recommendations and costings for the Wreck Cove Hydro System are based on the results of that study and are summarized in Table 17. Table 17. Summary of costings for individua...

AI summary The text discusses the 2018 Hydro Asset Archaeology Program and its findings related to the Wreck Cove Hydro System, including the costings for archaeological assessments at various asset locations, with a focus on the D1 Dam and Dewatering at Cheticamp Flowage. The area around the D1 Dam was previously assessed as having low archaeological potential, but further assessment may be required if the previous study is deemed insufficient.

Section 1195
2026-2027 GRA Direct Evidence Appendix 8D Page 9 of 189 NSPI Power Production Sites Remediation Study Update August 26, 2024 2.5 Variation in Cost Estimates 2.5.1 Asbestos Abatement The feedback received from site operations at Trenton was...

AI summary The document discusses variations in cost estimates for the NSPI Power Production Sites Remediation Study, highlighting increased asbestos abatement costs at the Trenton site, challenges with salvage and material scrap value estimates, and the absence of detailed air monitoring data.

N-82026-2027 GRA Appendix 9-13 19 passages
Reason for Variance p. p. 8
Reason for Variance The increase of $1,135,677over the 2018 ACE Plan budget of $19,251,601 to $20,387,278 in this submission is due to the completion of subsequent additional detailed engineering and scoping. At the time of the 2018 ACE Pl...

AI summary The increase of $1,135,677 in the 2018 ACE Plan budget is attributed to additional detailed engineering, specialized contractor deployment such as a Skycrane helicopter, and post-construction avian monitoring as required by the Environmental Assessment.

5 D. Report Organization p. pp. 36-37
5 D. Report Organization 6 The remainder of the report is organized as follows: Section II discusses the legal requirements 7 and regulatory precedents for the determination of a fair rate of return. Section III provides an 8 overview of e...

AI summary The document outlines the structure of the report, detailing sections that cover legal requirements, economic conditions, proxy group company selection, methods for estimating return on equity (ROE), capital structure assessment, and overall conclusions and recommendations.

15 F. Capital Market Conclusions p. pp. 58-59
15 F. Capital Market Conclusions Interest rates on government and utility bonds have remained about the same as when the UARB approved the settlement in NSPI's previous GRA. This indicates that despite the uncertainties in the economy, the...

AI summary The document discusses the stability of interest rates for government and utility bonds since the UARB approved NSPI's previous GRA. It highlights long-term challenges for the utility industry, including climate change, decarbonization, and grid modernization, while noting load growth from electrification and data centers. Economic forecasts and modeling approaches are referenced.

c. Generation Ownership p. pp. 91-94
. was approximately 2.0 percent higher than for T&D utilities since January 2023. This highlights the greater risk of companies with regulated generation assets relative to those with T&D only assets. One additional risk that NSPI bears du...

AI summary Nova Scotia Power Inc. (NSPI) faces higher risk due to its regulated generation assets and carbon transition risks from its thermal generation facilities. The company must navigate environmental policies and decarbonization initiatives as it transitions to renewable energy sources, aligning with provincial and federal commitments to reduce carbon emissions and increase renewable energy use.

21 f. Recovery of Fuel and Purchased Power Costs p. pp. 96-97
21 f. Recovery of Fuel and Purchased Power Costs NSPI recovers prudently incurred increases and/or decreases in its cost of fuel outside of general rate proceedings through periodic adjustments to customer rates via its Fuel Adjustment Mec...

AI summary NSPI uses a Fuel Adjustment Mechanism (FAM) to recover prudently incurred fuel and purchased power costs outside general rate proceedings. The mechanism was approved in 2007 with conditions, including external audits every two years. Credit rating agencies have raised concerns about the FAM's design, including regulatory lag and deferred fuel costs, which may increase customer bill pressures.

1 j. Conclusions on Business Risk p. p. 100
1 j. Conclusions on Business Risk 2 As discussed in this Section, NSPI's risk profile is characterized by the following factors: 1) 3 ownership of substantial regulated generation assets; 2) the need to retire a substantial amount 4 of the...

AI summary NSPI's business risk profile remains elevated due to factors such as the need to retire thermal generation assets and transition to renewable resources by 2030, regulatory lag from its FAM, and exposure to storms. NSPI is requesting the continuation of the storm cost rider on a pilot basis through 2027. Credit rating agencies are closely monitoring these risks.

b. Recovery of Fuel and Purchased Power Costs p. pp. 100-102
b. Recovery of Fuel and Purchased Power Costs NSPI is the only Canadian investor-owned electric utility that owns significant regulated generation, and the Company has an annual FAM. While the FAM includes an incentive component whereby NS...

AI summary NSPI, the only Canadian investor-owned electric utility with significant regulated generation, has a fuel adjustment mechanism (FAM) with an incentive component suspended due to regulatory and legislative actions. The document compares NSPI's cost recovery practices with those of other Canadian utilities, noting differences in mechanisms and risk profiles.

3 d. Conclusions on Business Risk of NSPI Compared to U.S. Electric 4 Utility Proxy Group p. pp. 109-110
3 d. Conclusions on Business Risk of NSPI Compared to U.S. Electric 4 Utility Proxy Group 5 Based on the business risk analysis, we conclude that NSPI has similar business risk to the U.S. 6 Electric utility proxy group on many factors tha...

AI summary NSPI has similar business risk to the U.S. Electric utility proxy group in the short and intermediate term, but differences exist due to its reliance on coal and lack of a decoupling mechanism, increasing volumetric risk. NSPI also funds a DSM program without being able to recover lost revenues through an LRAM.

5. Risk Analysis Conclusions p. p. 110
5. Risk Analysis Conclusions - 4 Based on the results of the financial and business risk analyses discussed throughout this report, 5 Concentric concludes that: - NSPI's generation ownership distinguishes the Company from other investor-ow...

AI summary Concentric concludes that NSPI's business risk remains elevated due to environmental compliance requirements and regulatory challenges. The company faces higher risks compared to other Canadian and U.S. utilities, including failure to achieve authorized ROE and regulatory lag from the FAM audit process.

Section 218 p. p. 116
The Board approved NS Power's Advanced Metering Infrastructure (AMI) Project Application in June 2018. The Company filed its Revised AMI Compliance Filing on September 20, 2018, detailing the plan to inform customers about the opt-out[1](#...

AI summary The Board approved NS Power's AMI Project in 2018, with revised filings detailing opt-out charges. In 2023, the Board did not approve the proposed AMI opt-out fee, despite stakeholder support, and provided general direction for the Company to address in a specific section of its filing.

Non-standard Meter Service (AMI) Opt-out Fee 2026-2027 GRA Direct Evidence Appendix 13A Page 6 of 14 p. p. 118
Non-standard Meter Service (AMI) Opt-out Fee 2026-2027 GRA Direct Evidence Appendix 13A Page 6 of 14 […] NS Power may seek approval at a later time, after it has acquired actual experience with opt-out costs and has clearly demonstrated it...

AI summary NS Power may seek approval for the opt-out fee after acquiring actual experience with opt-out costs and demonstrating experience with flexible customer options. This is emphasized in the text.

Non-standard Meter Service (AMI) Opt-out Fee 2026-2027 GRA Direct Evidence Appendix 13A Page 7 of 14 p. p. 119
Non-standard Meter Service (AMI) Opt-out Fee 2026-2027 GRA Direct Evidence Appendix 13A Page 7 of 14 In addition, approximately 41.5 percent of the total AMI project costs were for the AMI meters themselves.[6](#page-120-2) Parsing project...

AI summary The text argues that allocating AMI project costs based on opt-out status unfairly increases costs for standard meter service customers. It suggests all customers should contribute to the capital investment in AMI meters to ensure fairness and operational efficiency.

2.1.3 Regulation 5.1 – Post Card and Estimated Meter Reading p. p. 120
2.1.3 Regulation 5.1 – Post Card and Estimated Meter Reading Customer-submitted meter reads, by post card or electronically, were raised in both the AMI Application and the 2023-2024 GRA as an option to reduce or eliminate an opt-out fee....

AI summary The document discusses Regulation 5.1, which allows customers to submit meter readings via post card or electronically, as an option to avoid opt-out fees. The Board's GRA Decision supports this, noting that NS Power provides resources for customers to take and submit meter readings, and similar instructions can be developed for digital meters.

Non-standard Meter Service (AMI) Opt-out Fee 2026-2027 GRA Direct Evidence Appendix 13A Page 9 of 14 p. pp. 121-122
Non-standard Meter Service (AMI) Opt-out Fee 2026-2027 GRA Direct Evidence Appendix 13A Page 9 of 14 The concept of non-participant[11](#page-122-0) contributions to the AMI capital project costs, as these costs are embedded in rates, is b...

AI summary The document discusses the rationale for non-participant contributions to the AMI capital project costs, based on shared infrastructure principles. It explains that even opt-out customers benefit from the infrastructure and should contribute to its cost. OTA billing has become standard, and opt-out meter reading is treated as a pass-through cost to opt-out customers.

Non-standard Meter Service (AMI) Opt-out Fee 2026-2027 GRA Direct Evidence Appendix 13A Page 10 of 14 p. p. 122
Non-standard Meter Service (AMI) Opt-out Fee 2026-2027 GRA Direct Evidence Appendix 13A Page 10 of 14 NS Power has increasingly been asked by stakeholders to leverage its AMI data for various justifications and analyses. AMI data helps NS...

AI summary NS Power highlights various benefits of Advanced Metering Infrastructure (AMI) data, including improved outage management, reduced field work, and better integration of new electric loads. These benefits support the approval of the AMI Authorization to Overspend Application (M11003).

Non-standard Meter Service (AMI) Opt-out Fee 2026-2027 GRA Direct Evidence Appendix 13A Page 11 of 14 p. p. 122
Non-standard Meter Service (AMI) Opt-out Fee 2026-2027 GRA Direct Evidence Appendix 13A Page 11 of 14 The Board also notes from various energy transition matters it has considered or is dealing with at the present time that the implementat...

AI summary The Board emphasizes the importance of the AMI Project in facilitating the integration of renewables and distributed energy resources, managing load, and developing time-varying rates, which are essential for the energy transition. The Board agrees with NS Power that without AMI, the utility would be behind in modernizing the electrical system.

Preamble p. pp. 124-125
The Board also reviewed and assessed utility meter opt-out fees in the Halifax Regional Water Commission (HRWC, Halifax Water) 2016 AMI capital project (M07473). In its 2016 Application, HRWC proposed the introduction of meter reading char...

AI summary The document discusses the Board's review of meter opt-out fees in the Halifax Regional Water Commission's 2016 AMI project and NS Power's subsequent development of more refined opt-out cost models. The Board approved HRWC's initial fee in 2016, and later extended it to all customers in 2020. NS Power has used experience-based models informed by five years of tracking and reporting opt-out costs.

Non-standard Meter Service (AMI) Opt-out Fee 2026-2027 GRA Direct Evidence Appendix 13A Page 13 of 14 p. p. 125
Non-standard Meter Service (AMI) Opt-out Fee 2026-2027 GRA Direct Evidence Appendix 13A Page 13 of 14 having then achieved "the successful installation of AMI meters for approximately 98%"[18](#page-126-1) of its customers, without any req...

AI summary The document states that approximately 98% of customers have successfully had AMI meters installed, with no necessary revisions to the opt-out fee model inputs or assumptions.

Section 253 p. p. 131
Opt-out customers in OTA-enabled areas require manual meter reading and receive nonstandard meter service. In 2024, NS Power continued to read these opt-out customers per standard read frequency in accordance with current regulations. Goin...

AI summary Opt-out customers in OTA-enabled areas require manual meter reading, which NS Power performed in 2024 at a cost of approximately $1.1 million for 100,000 reads. NS Power is exploring cost-reduction strategies and flexible customer options, as outlined in Appendix 13A of the 2026-2027 GRA.

N-92026-2027 GRA Appendix 12 A-C - Cost of Service Study Process - Redacted 192 passages
Cost of Service Study Redacted p. pp. 4-24
Cost of Service Study Redacted 1 TABLE OF CONTENTS 2 3 1.0 INTRODUCTION 5 4 2.0 SUMMARY OF STAKEHOLDER PROCESS 7 5 3.0 SUMMARY OF COSS 10 6 3.1 The COSS Framework 10 7 3.2 Developments in the Company's Power System Impacting COS 11 8 4.0 O...

AI summary The document outlines the structure and contents of a redacted Cost of Service Study (COSS) being presented in a regulatory proceeding. It includes sections on the stakeholder process, proposed changes to the COSS, and a line loss study. Key topics include classification of generation and transmission costs, treatment of battery systems, and proposed changes to the DSM rider.

3 5.1 Classification of Generation Costs – SLF Methodology p. p. 12
3 5.1 Classification of Generation Costs – SLF Methodology 4 - 5 NS Power's current approach to the classification of generation-related fixed costs (e.g. - 6 depreciation, financing) is first to classify environmental and fuel conversion-...

AI summary NS Power proposes shifting from a hybrid classification method (ELCC, SLF) to a uniform SLF-based approach for all generation costs, aiming to simplify cost tracking, enhance COSS transparency, and align with decarbonization goals. This reflects system changes due to renewable integration and asset retirements.

Cost of Service Study Redacted p. pp. 13-14
Cost of Service Study Redacted 1 COSS treatment that is applicable to generation assets, while also recognizing that non-firm PPAs 2 provide energy only. 3 4 5.3 Classification of Transmission Costs – Transmission 100 Percent to Demand 5 6...

AI summary The document discusses NS Power's use of the Service Life Factor (SLF) to classify transmission costs since the 1995 NSEB decision (NSPI864), aligning transmission with generation's energy and demand classification. It notes that transmission costs are demand-driven and that the SLF's relevance is diminishing due to coal phase-out and increased renewable energy adoption. The Elenchus Report is referenced for further details.

18 5.12 Decarbonization Deferral Account (DDA) p. p. 20
18 5.12 Decarbonization Deferral Account (DDA) 19 20 As a result of federal and provincial legislation regarding decarbonization, NS Power is required 21 to phase out coal generation, which will include addressing associated marine unloadi...

AI summary NS Power seeks to recover costs from retiring coal generation assets via the Decarbonization Deferral Account (DDA), approved by the Board on May 21, 2024. The DDA serves as a rate stabilization tool, with NS Power proposing it be classified and allocated similarly to other such tools. This addresses transition costs from decommissioning coal facilities by 2030 under federal and provincial decarbonization mandates.

2026-2027 GRA Direct Evidence Appendix 12A(1) Page 1 of 46 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 28
2026-2027 GRA Direct Evidence Appendix 12A(1) Page 1 of 46 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Exhibit Reference Cells Modification formulae revised to receive no classification Exh 6 D172:M194 Allocations of transmission energy ex...

AI summary The document outlines modifications to the 2026-2027 GRA Direct Evidence Appendix 12A(1), including adjustments to transmission energy expense allocations, updates to values using the BCF file, and reclassifications to avoid division-by-zero errors in calculations.

1 Request for COSS Model Runs: p. p. 28
1 Request for COSS Model Runs: Run # NSP Position Model Run Description 1 Yes NSP's positions in aggregate. This model includes the changes from model runs #2-5 below. 2 Yes New Intermediate Generation sub-function classified to demand and...

AI summary The document outlines a request for Cost of Service Study (COSS) model runs to evaluate various NSP positions, including the classification of generation and transmission, and the inclusion of specific rate classes and allocation methods.

3 Notes on COSS Model Runs: p. p. 28
3 Notes on COSS Model Runs: - 4 All changes to the model cells are denoted with orange highlighting. - 5 Model runs 1, 2, 4, 10a, 10b, and 11 require updates to the Base Cost Fuel ("BCF") file that is an - 6 input into the COSS. Revised ve...

AI summary The document discusses updates to the Base Cost Fuel (BCF) file in the COSS model runs, noting that changes create a mismatch between ATL revenues and costs, which is addressed by adjusting the Profit/Loss figures for BTL classes in specific model runs.

- table. 4 p. p. 28
- table. 4 Intermediate Generation Unit Net Book Value Current Classification New Classification Tufts Cove 1 $16.5M 46.3% Energy 5.3% Energy 53.7% Demand 94.7% Demand 46.3% Energy 18.4% Energy Tufts Cove 2 $28.8M 53.7% Demand 81.6% Demand...

AI summary The table shows changes in the classification of intermediate generation units at Tufts Cove from energy to demand, with significant shifts in percentages and net book values. The average classification also reflects a notable change from demand to energy.

2026-2027 GRA Direct Evidence Appendix 12A(1) Page 14 of 46 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 28
2026-2027 GRA Direct Evidence Appendix 12A(1) Page 14 of 46 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Cost of Service Study Process (NSUARB M11475)

AI summary This document refers to the Cost of Service Study Process as part of the NSUARB M11475 proceeding. It outlines the methodology and considerations involved in conducting a cost of service study, which is a key component in determining appropriate rates for utility services.

2026-2027 GRA Direct Evidence Appendix 12A(1) Page 17 of 46 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 43
2026-2027 GRA Direct Evidence Appendix 12A(1) Page 17 of 46 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Cost of Service Study Process (NSUARB M11475)

AI summary This document refers to the Cost of Service Study Process as part of the NSUARB M11475 proceeding, indicating it is related to the analysis of costs associated with utility services in Nova Scotia.

2026-2027 GRA Direct Evidence Appendix 12A(1) Page 19 of 46 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 43
2026-2027 GRA Direct Evidence Appendix 12A(1) Page 19 of 46 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Cost of Service Study Process (NSUARB M11475)

AI summary The document refers to the Cost of Service Study Process under NSUARB M11475, which is part of the 2026-2027 General Rate Application (GRA) Direct Evidence Appendix 12A(1). The study is likely related to analyzing the costs associated with service delivery for regulatory proceedings.

CONFIDENTIAL p. p. 43
CONFIDENTIAL Exhibit Reference Cells Modification Exh 2b Rows 17-18, 41- 42 Intermediate Steam added Exh 3 Rows 17-18, 41- 42, 147-148, 171- 172 Intermediate Steam added Exh 4 Rows 27-28, 72- 73 Intermediate Steam added Exh 5 Rows 22-23, 3...

AI summary The text outlines modifications to various exhibits in a regulatory proceeding, including the addition of 'Intermediate Steam' and changes to classifications and allocations related to transmission demand and PHP as a separate ATL class. These adjustments involve updating rows and formulas in multiple exhibits to ensure proper categorization and avoid errors.

INTRODUCTION AND PURPOSE p. pp. 58-166
INTRODUCTION AND PURPOSE - My name is Bickey Rimal, and I am an Assistant Vice President with Concentric Energy Advisors, Inc. - ("Concentric"). I provided evidence related to class cost of service, pricing and rate design matters - in the...

AI summary Bickey Rimal, an Assistant Vice President with Concentric Energy Advisors, Inc., provides rebuttal testimony in the 2022 General Rate Application submitted by Nova Scotia Power. The testimony addresses claims and critiques from intervenors and consultants regarding the Minimum System Method, Minimum System Study, pole sub-functionalization study, cost allocation methods, and the methodology for calculating the Pole Attachment Rate.

Inclusion of Forecasted Costs p. p. 73
Inclusion of Forecasted Costs - Mr. Briggs disputes the use of forecasted costs in the derivation of net book value and depreciation - expense associated with poles. [29](#page-73-2) It is appropriate to use both capital and O&M forecasted...

AI summary Mr. Briggs disputes the use of forecasted costs in calculating net book value and depreciation expense for poles. The NSUARB argues that both capital and O&M forecasted costs should be used in calculating the pole attachment rate, as the GRA revenue requirement is based on forecasted rate years. The prudency of these costs will be reviewed as part of the GRA.

NON-CONFIDENTIAL p. p. 74
NON-CONFIDENTIAL 1 Request DR-2: 2 3 Please state whether NS Power's proposal to use 3CP (and related) demand allocators is to 4 base class demand on (a) monthly coincident peak load hours or (b) monthly coincident net 5 peak load hours (e...

AI summary NS Power proposes to continue using 3CP demand allocators based on monthly coincident peak load hours, arguing that this method aligns with cost causation and is simple to implement, as winter peaking is driven by annual system peaks during winter months.

Critical Peak Pricing Events 2021 - 2023 p. p. 74
Critical Peak Pricing Events 2021 - 2023 Event Date Event Time 24-Feb-23 7:00 AM - 11:00 AM Atlantic 1-Feb-23 5:00 PM - 9:00 PM Atlantic 11-Jan-23 5:00 PM - 9:00 PM Atlantic 11-Jan-23 7:00 AM - 11:00 AM Atlantic 10-Jan-23 5:00 PM - 9:00 PM...

AI summary The text lists critical peak pricing events from 2021 to 2023, including specific dates and times. It also mentions a partially confidential appendix from the 2026-2027 GRA Direct Evidence.

Cost of Service Study Process (NSUARB M11475) NSPI Responses to CA Data Requests p. pp. 28-183
Cost of Service Study Process (NSUARB M11475) NSPI Responses to CA Data Requests 1 Request DR-25: 2 3 Please confirm that using the SLF/CP3 method, costs are assigned to classes on an annual 4 basis and that it is not feasible to directly...

AI summary NSPI confirms that using the SLF/CP3 method, costs are assigned to classes on an annual basis and that it is not feasible to directly assign costs to seasonal, time-of-use, or hourly periods for cost-based ratemaking. However, winter season, on-peak demand charges can be set using the 3CPs that occur during peak hours in January, February, and December.

NON-CONFIDENTIAL p. pp. 28-119
NON-CONFIDENTIAL 1 Request DR-26: 2 - 3 Please provide 2023 actual plus 2024-2027 forecast unamortized balances related to the early - 4 retirement of assets for environmental reasons. Please distinguish between assets that NS - 5 Power an...

AI summary The response to Request DR-26 outlines the unrecovered net book values of assets expected to be retired for decarbonization purposes, distinguishing between those included in the Decarbonization Deferral Account and others. Assumptions on early retirement dates align with the Company's 2023 10-Year System Outlook.

Preamble p. pp. 61-176
16 NS Power has not completed a forecast denoting the unrecovered net book value for these assets 17 for 2024-2027. NS Power would expect to complete this analysis in conjunction with a GRA 18 proceeding. - 20 In addition, in response to t...

AI summary NS Power has not yet completed a forecast for the unrecovered net book value of certain assets for 2024-2027, expecting to address this during a GRA proceeding. Additionally, NS Power is working to eliminate PCB-containing equipment by December 31, 2025 in compliance with the Canadian Environmental Protection Act 1999 and 2008 PCB Regulations.

Elapsed Time Percent Customer Contribution p. p. 74
Elapsed Time Percent Customer Contribution Up to 1 year 0 Year 1-2 20% Year 2-3 40% Year 3-4 60% Year 4-5 80% After 5 Years 100% Where the new requirement represents or indicates an expansion or upgrade of the prior facilities, the reduced...

AI summary The table outlines the percentage of customer contribution over time for a service upgrade or expansion, with increasing customer contribution as elapsed time increases. The reduced contribution applies only to costs related to equivalent service provision from prior facilities.

2.12 REFUNDS OF CAPITAL CONTRIBUTIONS p. p. 43
2.12 REFUNDS OF CAPITAL CONTRIBUTIONS Line/Service Extensions Less Than 184m Customers will be provided with 92 metres of line/service extension at no cost, as provided for under Regulation 2.6. Any line/service extensions in excess of 92...

AI summary The regulation outlines the policy for refunds of capital contributions for line/service extensions less than 184m. Customers receive 92m free, with additional extensions and connections subject to customer costs. Refunds are provided to contributors based on the number of additional customers connected within ten years, minus an administration fee.

Line/Service Extensions Longer Than 184m p. pp. 43-44
Line/Service Extensions Longer Than 184m Customers will be provided with 92 metres of line/service extension at no cost. Any line/service extensions in excess of 92 metres will be at the cost of the customer. If any additional customers ar...

AI summary Customers are provided with 92 metres of line/service extension at no cost, with any additional length charged to them. Refunds are available for capital contributions if additional customers connect within ten years, but are reduced by 10% and capped at 90% of the original contribution. No refunds are issued after fifteen years.

2013 Cost of Service Study NSPI Responses to Consumer Advocate Data Requests p. p. 44
2013 Cost of Service Study NSPI Responses to Consumer Advocate Data Requests 1 Request DR-6: 2 3 Derivation of "line losses," "demand line-loss adjustment," and "requirements" in "Input 4 Data Two" 5 6 Response DR-6: 7 8 The forecast of li...

AI summary The response to DR-6 explains how line losses are forecasted and assigned to rate classes based on historical patterns from prior COSS studies. Line losses are higher during peak demand hours and are scaled hourly to match annual energy targets. 'Requirements' refers to the total generation needed to meet customer demand, including both customer demand and losses.

Nova Scotia Power p. p. 61
Nova Scotia Power Cost of Service Study Methodology January 2022 2022-2024 GRA SR-01 Attachment 1a Page 2 of 12 COSS CA DR-53 Attachment 1 Page 2 of 62 PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 792 of 1218 R...

AI summary The document outlines the methodology for the Cost of Service Study (COSS) used by Nova Scotia Power for the 2022-2024 GRA. It discusses the allocation of costs to Above-the-line (ATL) customer classes after subtracting Below-the-line (BTL) costs, with the aim of identifying inter-class inequities through revenue/cost (R/C) ratios.

PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 797 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 61
PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 797 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) 2022-2024 GRA SR-01 Attachment 1a Page 7 of 12 COSS CA DR-53 Attachment 1 Page 7 of 62 Rate Base Exhibits 2,...

AI summary This document outlines the methodology used in the Nova Scotia Power Cost of Service Study for the 2022-2024 period, including the allocation of rate base to customer classes. It references the 2005 NSUARB decision and includes exhibits detailing net plant investment, allocation factors based on demand, energy sales, and customer numbers.

PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 801 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 61
PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 801 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) 2022-2024 GRA SR-01 Attachment 1a Page 11 of 12 COSS CA DR-53 Attachment 1 Page 11 of 62 Nova Scotia Power Co...

AI summary The document outlines the methodology used in the Nova Scotia Power Cost of Service Study, detailing how various costs such as bad debt, depreciation, and interest are allocated across customer classes. The allocation is based on factors like gross write-off experience, number of customers, and total rate base. Exhibit 7 is used to verify the accuracy of the cost allocation analysis.

Nova Scotia Power Fuel and Purchased Power Related COS Methodology January 2022 p. pp. 78-81
Nova Scotia Power Fuel and Purchased Power Related COS Methodology January 2022 Forecast fuel costs for each test year are first apportioned to above-the-line (ATL) and below-the-line (BTL) classes using procedural step 1: 1. A portion of...

AI summary Nova Scotia Power outlines its methodology for allocating forecast fuel and purchased power costs between above-the-line (ATL) and below-the-line (BTL) classes. The company assigns a portion of fuel-related costs to specific BTL classes and unbundled tariffs, while allocating the remainder to ATL classes using modified procedural steps. Starting in 2023, the BUTU class will use the embedded cost allocation methodology for FAM customers.

Nova Scotia Power Fuel and Purchased Power Related COS Methodology January 2022 p. pp. 81-83
Nova Scotia Power Fuel and Purchased Power Related COS Methodology January 2022 1 2 2. For ATL classes, NS Power's fuel costs will be classified as 100 percent energy related. 3 These costs will be allocated to each class based on its rela...

AI summary The document outlines Nova Scotia Power's methodology for classifying and allocating fuel and purchased power costs under the 2022-2024 Generation and Resource Assessment (GRA). Fuel costs are categorized as energy-related for ATL classes and allocated based on monthly energy requirements. Purchased power is classified between energy and demand based on generation source and NS Power's fixed cost base load generation practices.

Nova Scotia Power Unmetered Services Pricing January 2022 p. p. 86
Nova Scotia Power Unmetered Services Pricing January 2022 1 1.0 INTRODUCTION 2 3 This report is filed in support of NS Power's General Rate Application (GRA). The report provides 4 a description of unmetered services, an outline of the cur...

AI summary This document outlines Nova Scotia Power's General Rate Application (GRA) for unmetered services, including streetlight rates and the rationale for unmetered service eligibility based on impracticality of metering and high costs relative to energy consumption.

2.0 RATEMAKING METHODOLOGY FOR UNMETERED p. p. 87
2.0 RATEMAKING METHODOLOGY FOR UNMETERED - 9 The ratemaking methodology is comprised of two steps: - 1. Determination of cost responsibilities of the Cost of Service Study (COSS)-based unmetered class, which is comprised of all costs of st...

AI summary The ratemaking methodology for unmetered classes involves determining cost responsibilities based on the Cost of Service Study (COSS), which includes street and area lighting and miscellaneous loads, followed by setting revenue responsibilities and calculating individual service rates.

PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 814 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. pp. 87-89
PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 814 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) 2022-2024 GRA SR-01 Attachment 1d Page 5 of 11 COSS CA DR-53 Attachment 1 Page 24 of 62 Nova Scotia Power Unm...

AI summary The document discusses the determination of unmetered electricity rates for streetlight fixture maintenance, including the allocation of capital costs using the Cost of Service Study (COSS) methodology. The rates are structured with a demand charge and declining block energy charges, and are subject to changes in GRA proceedings.

Nova Scotia Power Unmetered Services Pricing January 2022 p. p. 93
Nova Scotia Power Unmetered Services Pricing January 2022 Calculation of the demand and energy charges, for both the RTR Distribution Tariff and bundled service rate as based on the Miscellaneous Lighting Rates proposed, is shown at the bo...

AI summary The document outlines the calculation of demand and energy charges for the RTR Distribution Tariff and bundled service rates based on proposed Miscellaneous Lighting Rates. It provides revenue figures for Street and Crosswalk Lighting and miscellaneous load revenues for 2022, 2023, and 2024 under both standard (unsmoothed) and smoothed unmetered tariffs.

12 2.1.2 Allocation of Revenue Requirement p. p. 101
12 2.1.2 Allocation of Revenue Requirement 13 14 The second step in the calculation of transmission rates is to allocate the revenue requirement (i.e. 15 the costs associated with transmission) among the appropriate services. The following...

AI summary This section discusses the second step in calculating transmission rates, which involves allocating the revenue requirement among appropriate services. It outlines the need to define the transmission services to be provided as part of this process.

3 2.1.7 Allocation of Revenue Requirements to Services p. p. 105
3 2.1.7 Allocation of Revenue Requirements to Services 4 5 The last step in the cost allocation analysis is to allocate total transmission costs to the services 6 that will be offered under the tariff. As noted above, these are Point-to-Po...

AI summary The document discusses the allocation of transmission revenue requirements to specific services, including Point-to-Point Service, Network Service, and Scheduling, System Control and Dispatch Service. It references the percentage share of usage for Point-to-Point and Network Services and refers to a figure illustrating the cost allocation.

REDACTED p. p. 124
REDACTED 1 Request DR-58: 2 3 For each customer class, please provide hourly estimates of the class load for each year 2014- 4 2023, even if NS Power has low confidence in the quality of the data for any particular time 5 period. 6 7 (a) P...

AI summary The document includes a request for hourly load estimates for customer classes from 2014 to 2023, along with explanations of data confidence levels and assumptions for unmetered load. NS Power refers to a load research sample and provides information on data precision based on metering and sampling methods.

PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 904 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. pp. 177-179
PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 904 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) COSS CA DR-61 Attachment 1 Page 16 of 19 CONCENTRIC EVIDENCE: GRA COSS ELEMENTS - Fourth, Resource Insight do...

AI summary The text criticizes Resource Insight's recommendation for updating cost allocation methodologies, arguing that it lacks logical support and could lead to instability in cost allocation and rate design. The text emphasizes the importance of relying on precedents and the potential negative impact of abandoning them, including rate shocks for customers.

Inclusion of Forecasted Costs p. pp. 180-181
Inclusion of Forecasted Costs - Mr. Briggs disputes the use of forecasted costs in the derivation of net book value and depreciation - expense associated with po[les](#page-180-2). 29 It is appropriate to use both capital and O&M forecaste...

AI summary Mr. Briggs disputes the use of forecasted costs in calculating net book value and depreciation for poles. He argues that using forecasted net book value with historical pole counts may lead to inaccuracies, as capital additions may reflect asset replacement rather than growth.

- 21 per year are as follows: p. pp. 19-20
- 21 per year are as follows: # of Interruption Events Total Duration (Hours: Minutes) 2024 YTD 2 2:48 2023 6 20:02 2022 10 37:16 3 M05473, NS Power 2013 Cost of Service Study, NS Power Application, Appendix H – 2013 COS Strawman Report V1...

AI summary The text presents a table showing the number of interruption events and total duration for the years 2022, 2023, and 2024 YTD. It also references a 2013 Cost of Service Study and a 2022-2024 General Rate Application, highlighting discussions around interruptible supply credit allocation and cost-of-service studies.

2009 General Rate Application (NSUARB P-888) NSPI Responses to Avon Information Requests p. p. 20
2009 General Rate Application (NSUARB P-888) NSPI Responses to Avon Information Requests 1 Response IR-168: (cont'd) 2 3 b) In its 2002 Rate Application, NSPI proposed that the credit be updated to 4 $3.08/kVA/month. The Board decided to a...

AI summary NSPI responded to Avon's information requests regarding its 2009 General Rate Application. The response discusses the 2002 rate application, the 2003 Generic Rate Design Hearing, and the decision not to change the interruptible credit. It also mentions the variability of CT costs and their alignment with market prices.

11 Figure 1 p. p. 42
11 Figure 1 Breakdown of Cost Responsibilities for System Benefits Current Method Class Shares in 2023-2040 Electric Service Cost Savings due to DSM Change Index Rate class Residential 54.3% 31.7% 0.6 Small General 3.4% 6.8% 2.0 General 23...

AI summary The figure presents a breakdown of cost responsibilities for system benefits, showing how different rate classes share the savings from demand-side management (DSM) between the current method and the 2023-2040 electric service cost period. The Municipal Class shows anomalous results due to incorrect inclusion of usage reductions in simulations.

10 Below-the-line (BTL) rate classes p. p. 42
10 Below-the-line (BTL) rate classes 11 12 Since the BTL rate classes of GRLF, 1P-RTP, Shore Power, BUTU, EBS, and SS do not participate 13 in DSM Programs they have not been included in the Rate and Bill Impact Analysis filed in the 14 DS...

AI summary The BTL rate classes of GRLF, 1P-RTP, Shore Power, BUTU, EBS, and SS do not participate in DSM programs and were not included in the Rate and Bill Impact Analysis. Their system cost benefit treatment may remain unchanged, as their share of assigned DSM costs in 2025 was below 0.5 percent.

NON-CONFIDENTIAL p. p. 42
NON-CONFIDENTIAL - 1 For the illustration of differences in apportioned DSM costs to the above-the-line (ATL) rate - 2 classes, using the 2025 DSM costs recently filed in the 2025 DSM Rider Application, please refer - 3 to tab "CA DR-87 20...

AI summary The text references the allocation of DSM costs to above-the-line rate classes using the 2025 DSM Rider Application, specifically directing readers to a specific tab in Attachment 1 for illustration purposes.

Response IR-215: (cont'd) p. p. 63
Response IR-215: (cont'd) Juan adjustments, etc.) were repaired using surrounding data for similar day types (i.e.: day of the week…Mondays, Tuesdays, etc). - c. The actual demands for each rate class for each month at the time of NSPI's m...

AI summary The document outlines methods used to estimate and forecast demand for different rate classes, including adjustments based on temperature, historical data, and customer input. These methods were used to calculate load factors and forecast sales peaks for 2005.

Cost of Service Study Process (NSUARB M11475) NSPI Responses to IG Data Requests p. p. 63
Cost of Service Study Process (NSUARB M11475) NSPI Responses to IG Data Requests 1 Request DR-3: 2 3 From the 2024 Load Forecast (released recently as part of another proceeding, but for the 4 purposes of supporting analysis in this one):...

AI summary NSPI is responding to data requests related to the 2024 Load Forecast, providing load forecast data for P10, P50, and P90 scenarios by rate class for 2024 and 2030. NSPI notes that demand by rate class is not modeled at the P10/P50/P90 level and that demand forecasts are not split between firm and interruptible for large industrial customers.

Resource Cost, Performance, & Financing p. p. 99
Resource Cost, Performance, & Financing Performance Inputs Financing Performance Inputs Financing System Depreciable Lifetime 35 % Financed w/ equity % Financed w/ debt Ongoing Costs Debt Interest rate Fixed O&M Costs ($/kW-yr) $17.69 Cost...

AI summary The document presents a table outlining performance inputs and financing details for a system, including system cost, depreciation lifetime, financing percentages, interest rates, tax assumptions, and levelized costs. It includes data on capital costs, O&M expenses, and PRM adjustments.

CONFIDENTIAL (Attachments Only) p. p. 110
CONFIDENTIAL (Attachments Only) 1 Response DR-18: 2 3 4 (a) Written Responses: 5 (i) For the effect of MEU proposal to align OATT methodology with COS, please refer 6 to Attachment 1. The effect on individual rate class costs is around 0.0...

AI summary The response discusses the effect of aligning OATT methodology with COS, noting a negligible impact of 0.01 percent on individual rate class costs. It also references model requests and spreadsheet files related to NSP's unbundled service proposal and PHP ATL/BTL analyses, while indicating that certain analyses have not yet been conducted due to resource constraints.

NON-CONFIDENTIAL p. p. 119
NON-CONFIDENTIAL 1 (a) How cost and rate disparities between bundled and unbundled services, offered by 2 single utilities, are addressed in other jurisdictions? 3 4 (b) What changes would be required to the COSS methodology to ensure alig...

AI summary The response to question (a) indicates that Elenchus' survey of Canadian and US jurisdictions did not find information on cost and rate disparities between bundled and unbundled services, as Nova Scotia's regulatory framework allows both markets to operate in parallel. Utilities surveyed were either mandated to unbundle or remained vertically integrated.

NON-CONFIDENTIAL p. p. 119
NON-CONFIDENTIAL 1 Fixed-generation BUTU and RtR rates are calculated by the same COSS-based embedded 2 cost methodology, however, there is a phase-in adjustment applied to the BUTU rates in 3 2023 to limit the forecast revenue increase to...

AI summary The text explains the methodology for calculating BUTU and RtR rates using a COSS-based embedded cost approach, with a phase-in adjustment in 2023 to limit revenue increases. It also outlines how demand and energy charges are calculated, and summarizes the basis for FAM and non-FAM costs in different rate categories.

BUTU RtR Municipal p. p. 119
BUTU RtR Municipal FAM-related – "Energy-related Purchased Power and Fuel Cost" "Fuel Cost" "Energy Charge" Energy Allocated MWh Marginal/Avoided Cost Allocated MWh "Energy-related Fixed Generation Cost" "Fixed Cost Adder" "Energy Charge"...

AI summary The table compares different cost allocation methods across BUTU, RtR, and Municipal categories, including energy-related and demand-related costs. It outlines various cost components such as 'Energy-related Fixed Generation Cost,' 'Demand-related Purchased Power,' and 'Average NS Power Unit Cost.' The document is part of a confidential appendix in a regulatory proceeding.

PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 1060 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 119
PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 1060 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Cost of Service Study Process (NSUARB M11475) NSPI Responses to PHP Data Requests

AI summary This document outlines the Cost of Service Study Process under NSUARB M11475, with NSPI providing responses to data requests related to Peak Hour Pricing (PHP). The content highlights the procedural and analytical aspects of the study.

PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 1061 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 119
PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 1061 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Cost of Service Study Process (NSUARB M11475) NSPI Responses to PHP Data Requests

AI summary This document outlines the Cost of Service Study Process as part of the NSUARB M11475 proceeding, with NSPI providing responses to data requests related to Peak Hour Pricing (PHP).

Section 8588 p. p. 119
Cost of Service Study Process (NSUARB M11475) NSPI Responses to PHP Data Requests

AI summary The document pertains to the Cost of Service Study Process under NSUARB M11475, focusing on NSPI's responses to data requests related to Peak Hour Pricing (PHP).

Cost of Service Study Process (NSUARB M11475) NSPI Responses to PHP Data Requests p. pp. 119-186
Cost of Service Study Process (NSUARB M11475) NSPI Responses to PHP Data Requests 1 Request DR-12: 2 3 Please provide variations of the 2023 Cost Of Service Study Analysis with the following 4 changes: 5 6 (a) PHP included as a standalone...

AI summary NSPI is responding to PHP Data Request DR-12, which asks for variations of the 2023 Cost Of Service Study Analysis with specific changes. The request includes scenarios for PHP as a standalone customer class, functional allocation based on ELCC, and transmission expense allocations. PHP revised part (a) to include specific energy and demand parameters.

15 4. COST OF SERVICE CLASSIFICATION OF THE MARITIME LINK p. p. 173
15 4. COST OF SERVICE CLASSIFICATION OF THE MARITIME LINK 16 The CA proposes, supported by MEUNSC, the following: - 17 (a) For the purposes of setting the Base Cost of Fuel for each year of the Rate 18 Stability Period, the Maritime Link c...

AI summary The CA proposes classifying Maritime Link costs as NS Power-owned hydro generation for the Base Cost of Fuel during the Rate Stability Period. The Parties agree to a consultative process to address cost allocation and will file a report with the Board by March 31, 2017. Disagreements will be resolved by the Board, and any changes to classification will not be retroactive and will not be implemented before January 1, 2020.

Cost of Service Classification of the Maritime Link Strawman Report p. p. 173
Cost of Service Classification of the Maritime Link Strawman Report 1 The purpose of this Report is to summarize the various options available with respect to the Cost 2 of Service allocation of the Maritime Link for the purposes of facili...

AI summary This report outlines the cost of service classification options for the Maritime Link, aiming to facilitate consensus among stakeholders. The report emphasizes that cost of service studies do not affect revenue recovery but focus on fair revenue apportionment among customer classes. NS Power seeks input by January 27, 2017, and plans to discuss the matter in a February 2017 meeting.

Cost of Service Classification of the Maritime Link Strawman Report p. pp. 175-176
Cost of Service Classification of the Maritime Link Strawman Report 1 The Company also proposed that the Nova Scotia Block be treated in the same manner as NS 2 Power-owned hydro generation. This means that its costs would be classified to...

AI summary The document discusses the proposed cost of service classification for the Nova Scotia Block, suggesting it be treated similarly to NS Power-owned hydro generation. Energy and demand costs would be allocated based on system load factors and coincident system peaks, aligning with NS Power's COSS practices.

Cost of Service Classification of the Maritime Link Strawman Report p. pp. 176-178
Cost of Service Classification of the Maritime Link Strawman Report 1 share of generation costs, would experience an additional increase of 1.1% under the Hydro-based approach compared to that under the Fossil Fuel Approach.[6](#page-178-1...

AI summary The document discusses the cost of service classification of the Maritime Link Strawman Report, with the IG and SBA supporting the Hydro-based cost allocation approach. NS Power's proposal to classify Maritime Link revenue requirements similarly to company-owned hydro plant costs is opposed by the CA's consultant, who suggests a different allocation based on benefits to customer classes.

Cost of Service Classification of the Maritime Link Strawman Report p. pp. 178-179
Cost of Service Classification of the Maritime Link Strawman Report 1 should be allocated in proportion to the average of peak demands for the three winter months.[9](#page-179-0) 2 3 4 Mr. Wallach expressed concern that the Hydro-allocati...

AI summary The document discusses the allocation of costs for the Maritime Link project, with Mr. Wallach expressing concerns about the Hydro-allocation approach and its departure from past practices. NS Power argues that its benefits-based approach is consistent with the 2013 COS proceeding and the approved methodology, while also highlighting the distinctiveness of the Nova Scotia Block in terms of service delivery and costing treatment.

NON-CONFIDENTIAL p. pp. 186-20
NON-CONFIDENTIAL - 1 Lines, are classified to demand and customer as determined in Exh 3c, Exh 3e, and Exh 3g. Please - 2 refer to section "3. Distribution system sub-functionalization and classification" of the evidence - 3 filed by Conce...

AI summary The document discusses the classification of various infrastructure investments into demand and customer categories, based on evidence provided in the 2023-2024 GRA. Specific classifications include poles and wires, substations, and streetlights, with references to attachments and exhibits for detailed breakdowns.

MEMORANDUM p. pp. 20-21
MEMORANDUM TO: Nova Scotia Power, Inc. FROM: Bickey Rimal, Concentric Energy Advisors DATE: January 2022 RE: GRA Allocated Cost of Service and Miscellaneous Charges Matters The purpose of this memorandum is to provide the results of: - Con...

AI summary This memorandum from Concentric Energy Advisors to Nova Scotia Power Inc. reviews the company's allocated class cost of service (CCOS) model, concluding that it is reasonable, follows industry-accepted methodology, and produces accurate results. The model uses a three-step process: cost functionalization, classification, and allocation, which are described in detail.

PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 1151 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. pp. 24-25
PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 1151 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) COSS SBA DR-4 Attachment 1 Page 6 of 7 The underlying data used to calculate the fee are cost based and the...

AI summary The document outlines the methodology for calculating pole attachment fees by NS Power, based on cost considerations. The fee is determined by allocating indirect and direct costs associated with poles between NS Power and third-party attachers. The allocation is based on the proportion of usable space occupied by non-power attachments, with a final adjustment for the average number of non-power attachments per pole. The fee is deemed reasonable and minimizes cross subsidization.

COSS SBA DR-6 Attachment 1 Page 7 of 24 p. p. 26
COSS SBA DR-6 Attachment 1 Page 7 of 24 281050 LT ACCRUED PENSION LIAB NSPI 283270 LT REGULATORY EMISSION COMPLIANCE 283300 LT UNEARNED REVENUE LIAB 283450 LONG TERM ACCRUED INTEREST 283500 LT DSU RSU 283900 LT LIABILITIES OTHER 283950 LT...

AI summary The document presents a list of long-term liabilities and revenue-related accounts, including pension liabilities, regulatory compliance costs, accrued interest, and liabilities related to demand-side management. It also includes revenue and cost recovery entries related to time-of-use pricing, small generators, and other regulatory matters.

COSS SBA DR-6 Attachment 1 Page 8 of 24 p. p. 26
COSS SBA DR-6 Attachment 1 Page 8 of 24 413250 REG RES ACCRUED FAM BA FUEL COST 413310 REG METERED OUTDOOR REC LIGHTS NON FUEL ENERGY 413330 REG METERED OUTDOOR REC LIGHTS FAM AA FUEL COST 413350 REG METERED OUTDOOR REC LIGHTS DSM COST REC...

AI summary The text lists various regulatory account codes related to fuel costs, energy usage, and cost recovery riders for different customer categories and usage types, including time-of-use and small generation. These codes are part of a financial and regulatory framework for Nova Scotia Power.

COSS SBA DR-6 Attachment 1 Page 9 of 24 p. p. 26
COSS SBA DR-6 Attachment 1 Page 9 of 24 414540 REG LARGE GENERAL FAM AA FUEL COST 414550 REG LARGE GENERAL FAM BA FUEL COST 414610 REG GENERAL TIME OF USE NON FUEL DEMAND BASE 414620 REG GENERAL TIME OF USE NON FUEL ENERGY ALLHOURS 414630...

AI summary The document lists various rate codes related to fuel costs, time-of-use pricing, demand base, energy charges, and revenue for different customer classes, including large, small, and medium industrial and general customers. These codes are part of a regulatory proceeding and appear to be associated with cost recovery and rate structures.

3.0 CALCULATION OF THE FAM RATE p. p. 59
3.0 CALCULATION OF THE FAM RATE NS Power's FAM is a forecasted base fuel rate operating on an annual cycle that includes an over/under recovery mechanism consisting of an Actual Adjustment (AA) and Balance Adjustment (BA). The following fo...

AI summary NS Power's Fuel Adjustment Mechanism (FAM) operates on an annual cycle with an over/under recovery mechanism, consisting of an Actual Adjustment (AA) and Balance Adjustment (BA). The AA is calculated based on the over- or under-recovery of the Base Cost of Fuel at the end of September, while the BA manages deferred fuel and purchased power costs approved by the Board.

3.1 Treatment of load migrating to non-FAM classes p. p. 59
3.1 Treatment of load migrating to non-FAM classes When a customer transitions some or all of its load from a FAM-class to a non-FAM class, NS Power shall determine the customer's outstanding fuel cost imbalance at the date of transition....

AI summary When a customer transitions load from a FAM class to a non-FAM class, NS Power must determine the fuel cost imbalance and adjust it according to UARB decisions. Adjustments require UARB approval and must be settled on terms acceptable to both parties, with carrying costs applied if payments are made over time.

- GHG Emission Compliance Program costs p. p. 59
- GHG Emission Compliance Program costs 502500 REG FUEL DIESEL OIL CONSUMED 504450 REG GRID SALES FUEL DIESEL PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 1195 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED)

AI summary The document discusses the costs associated with the GHG Emission Compliance Program, including specific line items related to fuel consumption and grid sales fuel. It is part of a partially confidential GRA Direct Evidence Appendix.

PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 1198 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 59
PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 1198 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) COSS SBA DR-7 Attachment 1 Page 19 of 33 FAM POA Main Document (Redline) – Revision 11 / February 2023

AI summary This document is a partially confidential appendix from a 2026-2027 General Rate Application (GRA) proceeding, including a redline version of the Fuel Adjustment Mechanism (FAM) Plan of Administration (POA) as of February 2023. It is part of a Cost of Service Study (COSS) and includes references to other studies and mechanisms such as the Fuel Adjustment Mechanism Adjustment (FAMAA) and Balancing Adjustment riders (BARIDERS).

3.4 Deferrals p. p. 59
3.4 Deferrals During the 2023-2024 GRA Period, NS Power may include prior FAM deferrals for certain rate classes (Large General, Medium Industrial, and Large Industrial) in order to save additional interest charges which would accrue by fu...

AI summary During the 2023-2024 GRA Period, NS Power may include prior FAM deferrals for certain rate classes to avoid additional interest charges. This relates to the Fuel Adjustment Mechanism and the Plan of Administration, as outlined in the COSS SBA DR-7 and FAM POA documents.

PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 1212 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 83
PARTIALLY CONFIDENTIAL 2026-2027 GRA Direct Evidence Appendix 12A(2) Page 1212 of 1218 REDACTED (CONFIDENTIAL INFORMATION REMOVED) COSS SBA DR-7 Attachment 1 Page 33 of 33 FAM POA Main Document (Redline) – Revision 11 / February 2023 Prior...

AI summary The document outlines various financial and operational terms related to energy management and billing, including accumulated interest, balancing account adjustments, purchased power costs, system requirements, real-time pricing charges, and water royalties. These terms are used in the context of rate calculations and financial reporting for energy providers.

The GRA Decision provided as follows: p. pp. 95-96
The GRA Decision provided as follows: [361] In this proceeding, several concerns were raised about NS Power's cost of service methodologies applied in this GRA. These concerns included the use of the minimum system study for the classifica...

AI summary The GRA Decision addresses concerns about NS Power's cost of service methodologies, including the use of the minimum system study and LF/3CP method for cost classification. The Board agrees to update the COSS and Line Loss Study to reflect recent system developments and directs semi-annual progress reports starting in 2024.

Agenda p. pp. 98-99
Agenda - 1. Introduction and Project Description - 2. Generic Background on Cost Allocation Methodologies - 3. NS Power's Existing COSS Methodology - 4. Effect of Transitional and Technological Changes on COSS - 5. Survey - 6. Next Steps

AI summary The agenda outlines the topics to be discussed in a regulatory proceeding, including an introduction, background on cost allocation methodologies, NS Power's existing cost of service study (COSS) methodology, the impact of transitional and technological changes on COSS, a survey, and next steps.

Elenchus Research Associates Inc. ("Elenchus") p. pp. 99-100
Elenchus Research Associates Inc. ("Elenchus") - John Todd, President - Founded 1980 - Andrew Blair joined Elenchus in 2016 - Transferred to Power Advisory in 2023 - Elenchus has conducted Cost of Service/Cost Allocation and Rate Design (C...

AI summary Elenchus Research Associates Inc., founded in 1980, has conducted various regulatory and utility-related reviews. Key personnel include John Todd, President, and Andrew Blair, who joined in 2016 and transferred to Power Advisory in 2023. Elenchus has worked with multiple regulators and utilities, including NB Power and ENMAX, and has assisted with rate impact and bill analysis for E1, integrating with NSP's COS model. A strategic alliance was formed with Power Advisory in 2021.

Elenchus Approach to the Review p. pp. 100-101
Elenchus Approach to the Review - Facilitate NS Power's Stakeholder Process ‐ technical sessions, with goal being to: - Assist in clarifying and understanding the concerns and views of all parties - Distinguish between interest‐based and p...

AI summary The Elenchus Approach to the Review outlines a structured process to facilitate NS Power's stakeholder engagement, clarify stakeholder concerns, and review NS Power's cost allocation methodologies. It also includes a survey of utility practices in Canada and the US, and the preparation of evidence for filing with the Nova Scotia Utility and Review Board.

Purpose of the January 18th Session (Kick-off) p. pp. 101-102
Purpose of the January 18th Session (Kick-off) - Canvass stakeholders to determine the parts of NS Power's COSS methodology that need to be explained in greater detail in future tech sessions. Future technical sessions will assist stakehol...

AI summary The January 18th session aims to engage stakeholders in reviewing NS Power's Cost of Service Study (COSS) methodology, identify areas requiring updates due to developments since 2013, and determine the implications of proposed changes on allocated costs. The session will also establish a timeline for future discussions.

Cost Allocation Methodologies – Conceptual Overview p. pp. 104-105
Cost Allocation Methodologies – Conceptual Overview - Directly allocated costs Exclusive use by class (rare) - Shared Utility Assets and Expenses - > We all benefit from sharing - > Electrons flow through common infrastructure - Cost Causa...

AI summary This section provides an overview of cost allocation methodologies, emphasizing the use of cost causality as the main criterion for allocating shared utility assets and expenses. The goal is to achieve fair and reasonable rates, with rate design being a subsequent step that may incorporate policy considerations.

Cost Allocation Methodology – Three Basic Steps p. pp. 105-107
Cost Allocation Methodology – Three Basic Steps - > Functionalization: - Generation, Transmission, Distribution, Retail - Categorization or classification: - > Energy, Demand, Customer - > Allocation: - > Use Cost Drivers: kWh, kW, Custome...

AI summary The document outlines a three-step cost allocation methodology for electricity systems: functionalization, categorization, and allocation using cost drivers such as kWh, kW, and customer count. It also notes that fairness principles focus on cost recovery based on fully allocated embedded costs, though actual rates may differ due to policy considerations like conservation and clean energy incentives.

Cost Allocation Results p. pp. 111-112
Cost Allocation Results - Revenue to cost ratios (R/Cs) by customer class - Target R/C is 1.00 - Above 1.00 – revenues higher than costs - Below 1.00 – revenues lower than costs - But allocation is not precise - Hence, goal is typically R/...

AI summary The document discusses the allocation of costs based on revenue to cost ratios (R/Cs) by customer class, aiming for a target R/C of 1.00 with a permissible range of 0.95 to 1.05 to reduce rate volatility. Adjusting R/Cs is the starting point for rate design, with additional steps involving monthly/demand/energy charges and policy-based rates such as time-of-use (TOU) rates.

Demand, Energy & Peak Demand – Cost Causality (Illustrative hourly demand) p. pp. 112-113
Demand, Energy & Peak Demand – Cost Causality (Illustrative hourly demand)

AI summary The document presents illustrative hourly demand data related to cost causality in the context of demand, energy, and peak demand. Visual representations such as figures and pictures are included to support the analysis.

Revenue-related Attributes: p. p. 114
Revenue-related Attributes: - 1. Effectiveness in yielding the utility's total revenue requirement, under the fair return standard, without socially undesirable expansion of rate base or socially undesirable level of product quality or saf...

AI summary The text outlines three key attributes related to revenue in a regulatory context: effectiveness in achieving the utility's revenue requirement under a fair return standard, stability and predictability of revenue and rates, and historical continuity of rate structures.

Cost-related Attributes: p. p. 114
Cost-related Attributes: - 4. Static efficiency of the use of rate classes and rate blocks in discouraging wasteful use of the service, while promoting all justified types and amounts of use. - 5. Reflections of all of the present and futu...

AI summary The text outlines key cost-related attributes for rate design, emphasizing efficiency, fairness, and equity in cost allocation. It highlights the need to consider both private and social costs and benefits, avoid discrimination, and promote innovation in response to changing demand and supply patterns.

Practical-related Attributes p. pp. 114-115
Practical-related Attributes - 9. The related, practical attributes of simplicity, certainty, convenience of payment, economy in collection, understandability, public acceptability, and feasibility of application. - 10. Freedom from contro...

AI summary The text discusses practical-related attributes of utility rates, emphasizing simplicity, certainty, convenience, economy in collection, understandability, public acceptability, and feasibility of application, as well as freedom from controversies regarding interpretation. It references a textbook on public utility rates.

Generation Classification Methodologies p. pp. 119-120
Generation Classification Methodologies - Variable costs (per MWh) are energy related - > Such as fuel costs - > How to classify capital and other fixed costs? - ➤ NARUC Manual (January 1992) identifies many acceptable options to use for t...

AI summary The text discusses methods for classifying variable and fixed costs in generation, referencing the NARUC Manual and exploring implications of modernization on cost allocation and rate design, particularly in relation to the 4D's (Decentralization, Decarbonization, Democratization, Digitization).

Generation Classification Methodologies (4) p. pp. 122-123
Generation Classification Methodologies (4) - > Time Differentiated Embedded Cost of Service Methods - Production Stacking - ➤ Base-Intermediate-Peak (BIP) - Loss of Load Probability (LOLP) Production Cost - ➤ Probability of Dispatch - > T...

AI summary The document discusses time differentiated embedded cost of service methods, including Production Stacking, Base-Intermediate-Peak (BIP), and Loss of Load Probability (LOLP) Production Cost. These methods are noted as complex and unstable but may become more feasible with the development of AMI, which provides better data and transparency.

Transmission Classification / Allocation Methodologies p. pp. 124-125
Transmission Classification / Allocation Methodologies - ➤ Transmission is treated as an extension of generation and is classified to energy and demand based on the system load factor - ➤ Illustrative example: - > Allocation same as genera...

AI summary The document discusses transmission classification and allocation methodologies, treating transmission as an extension of generation and classifying it based on system load factor. It also raises questions about the implications of modernization and the 4D's impact on cost allocation and regulatory decisions.

Distribution Classification / Allocation Methodologies p. pp. 125-126
Distribution Classification / Allocation Methodologies - > NS Power is consistent with standard practices - > Typical approach across utilities: - ➤ Use Minimum System Method for classification of lines and transformers - ➤ Multiple-CP for...

AI summary The text discusses NS Power's use of standard classification and allocation methodologies in distribution, including the Minimum System Method, Multiple-CP, and NCP allocation. It raises a question about the implications of modernization, specifically whether the 4D's impact on CA or RD is causal or driven by policy.

Above-the-Line / Below-the-Line p. pp. 126-127
Above-the-Line / Below-the-Line - In NS Power's methodology, costs are allocated Above‐the‐Line after determining the cost responsibility of Below‐the‐Line customers - This review will focus on Above‐the‐Line rate classes

AI summary The document discusses NS Power's methodology for allocating costs Above-the-Line after determining the cost responsibility of Below-the-Line customers. The review will focus on Above-the-Line rate classes.

Agenda p. pp. 128-133
Agenda - 1. Introduction and Project Description - 2. Generic Background on Cost Allocation Methodologies - 3. NS Power's Existing COSS Methodology - 4. Effect of Transitional and Technological Changes on COSS - 5. Survey - 6. Next Steps

AI summary The agenda outlines the topics to be discussed in a proceeding, including the introduction of a project, background on cost allocation methodologies, NS Power's existing cost of service study methodology, effects of transitional and technological changes on the methodology, a survey, and next steps.

Methodologies in the Future p. pp. 130-131
Methodologies in the Future Stakeholder views need to be considered. - ➤ Are NS Power's current methodologies appropriate as the sector evolves? - Please identify issues that need to be reconsidered - ➤ Review methodological precedents in...

AI summary The document discusses the need to reconsider NS Power's current methodologies in light of sector evolution, asking stakeholders to identify issues, review methodological precedents from other jurisdictions, and determine appropriate methodologies for both the current and future state of NS Power, including elements of the Cost of Service Study (COSS) and rate design considerations.

Evergreen IRP – Key Assumptions Environment p. pp. 152-153
Evergreen IRP – Key Assumptions Environment • NS Power is planning for a decarbonized electricity system and economy • Evergreen IRP assumptions include the following environmental policies: CER (Net Zero 2035) Coal Phase-Out 2030 80% Rene...

AI summary NS Power is planning for a decarbonized electricity system and economy, with key environmental policy assumptions including a coal phase-out by 2030, renewable electricity standards, federal carbon pricing, and Nova Scotia's GHG Output-Based Pricing System.

Cost Allocation p. p. 173
Cost Allocation The amount of total costs to be allocated to individual rate classes.

AI summary The document discusses the allocation of total costs to individual rate classes, focusing on how costs are distributed among different customer categories for the purpose of rate setting.

Revenue responsibilities p. pp. 173-174
Revenue responsibilities Determines the revenue responsibilities among rate classes and individual customers. Cost of Service Revenue Requirement Rate Design

AI summary The document discusses revenue responsibilities among rate classes and individual customers, focusing on the Cost of Service Revenue Requirement and Rate Design.

Definitions p. p. 176
Definitions Cost of Service Studies The Cost of Service Study is a process used by a utility to apportion utility's costs among customer classes for the purpose of development of rates. Aside from determining overall cost responsibilities...

AI summary The Cost of Service Study is a process used by utilities to allocate costs among customer classes for rate development, establishing the foundation for rate structures.

1995 COS Generic Hearing (NSPI864) p. pp. 181-182
1995 COS Generic Hearing (NSPI864) - Classification of generation and transmission should reflect the intent of the asset: - o All generation costs associated with environmental compliance and fuel conversion to be classified as energy-rel...

AI summary The document discusses the classification of generation and transmission costs, emphasizing the need to align them with the intent of the assets. It suggests that environmental compliance and fuel conversion costs should be energy-related, while fixed costs of Steam and Hydro generation and transmission should be based on annual system load factor. The Equivalent Peaker method was rejected due to inconsistent calculations, and transmission is treated as an extension of generation. Fuel costs are to be allocated on a monthly basis to reflect seasonality.

2013 COS Generic Hearing (M05473) p. pp. 182-183
2013 COS Generic Hearing (M05473) - Upheld status quo regarding the most significant elements of the 1995 COS design - SLF-based classification and 3CP Allocation of non-fuel costs of base load generation and transmission was favored over...

AI summary The 2013 COS Generic Hearing (M05473) upheld the 1995 COS design's core elements, including SLF-based classification and 3CP allocation, but noted pending decisions on distribution costs. Adjustments were made to better align with cost causation and asset utilization, including sub-functionalizing purchased power costs and using a formulaic approach for billing and call center costs.

COS Generic Hearing (M05473) - Deferred Projects p. pp. 183-185
COS Generic Hearing (M05473) - Deferred Projects No Project Status 1 &2 Capacity contribution of ERIS and NRIS wind Consistent with Board's directive the COS treatment in BCF and GRA proceedings aligned with NSPI's planning assumption base...

AI summary The document discusses deferred projects under the COS Generic Hearing (M05473), including the capacity contribution of wind projects, treatment of Lingan Units 1 & 2 as base load units, a survey of the distribution system, and class load data collection and analysis. These projects are aligned with planning assumptions and regulatory proceedings.

Changes in treatment of BUTU Tariff in COSS p. pp. 186-187
Changes in treatment of BUTU Tariff in COSS - 2021 BUTU (M09940): - BUTU energy and demand charges to be fully embedded cost-based subject to a 4-year phase-in with years three and four to be postponed until an updated COSS is filed. - BUT...

AI summary The 2021 BUTU tariff (M09940) is subject to a 4-year phase-in of fully embedded cost-based energy and demand charges, with years three and four postponed until an updated COSS is filed. BUTU is also subject to the FAM adjustment and reflects fixed cost rate components from the Standby and Energy Balancing tariffs in the RtR market.

Summary p. pp. 188-189
Summary - Methodology of NS Power's COS has evolved in response to NS Power's changing operating, regulatory and technological environments. - With the addition of new types of generation and implementation of hourly load research samples...

AI summary NS Power's Cost of Service (COS) methodology has evolved to include more accurate methods such as SLF-based classification and 3CP-based allocation, replacing the Average Excess method from 1995. The 2013 COS proceeding reviewed alternatives like Equivalent Peak and BP/BIP methods for generation and 100% Demand/12CP for transmission, but these were rejected by the Board due to complexity and lack of industry use.

Regulatory background behind current DSM Cost Allocation Approach p. pp. 193-194
Regulatory background behind current DSM Cost Allocation Approach - The current cost allocation methodology was approved by the Board in its 2010 DSM Plan and 2010 DSM Rider Decision (NSUARB-NSPI-P-884(2). Board's findings were as follows....

AI summary The current DSM cost allocation methodology was approved by the Board in its 2010 DSM Plan and 2010 DSM Rider Decision. It recognizes three types of cost benefits from DSM: System, Class, and Participation. The recovery of DSM costs is based on the level of benefit received by customer classes, with 75% of costs directly assigned to rate classes and 25% apportioned via the COSS methodology.

Revenue responsibilities p. pp. 195-196
Revenue responsibilities Determines the revenue responsibilities among rate classes and individual customers. Cost of Service Revenue Requirement Rate Design (cent /kWh Rider)

AI summary The document discusses the determination of revenue responsibilities among rate classes and individual customers, focusing on the Cost of Service Revenue Requirement Rate Design, measured in cents per kWh rider.

Allocation of DSM Program Costs p. pp. 196-197
Allocation of DSM Program Costs - All DSM Costs are budgeted and tracked by Rate Classes (See Slide 10) - System benefits are allocated to all applicable customer classes in accordance with the COS methodology reflecting allocation of gene...

AI summary The document outlines how Demand Side Management (DSM) program costs are allocated by rate classes. System benefits are distributed based on the Cost of Service (COS) methodology, with 0.7% of NS Power's revenue requirement allocated to system benefits in 2024. Remaining costs are distributed proportionally among participating classes based on their investments in DSM programs.

Time-differentiated Method considered in 2013 COS p. pp. 8-9
Time-differentiated Method considered in 2013 COS - Of interest to this proceeding; where parties indicated interest in finding a time-differentiated (TD) COS method that would better align cost apportionment to rate classes with timediffe...

AI summary The time-differentiated (TD) method for calculating the cost of service (COS) was considered in the 2013 proceeding. Mel Whalen, the Board's consultant, highlighted imperfections in TD methods, noting they oversimplify generation planning and fail to account for long-term forecasts, public policy, and technology changes. He also questioned the equitability of TD-based solutions and their poor prediction of on-peak generation capacity costs.

Evolving and adaptive nature of NS Power's COS p. pp. 9-10
Evolving and adaptive nature of NS Power's COS In response to changing operating environment NS Power proposed various refinements to the COS methodology for stakeholders' review and Board's approval in GRA and Base Cost of Fuel (BCF) proc...

AI summary NS Power has proposed several refinements to its Cost of Service (COS) methodology in response to changes in the operating environment. These include the addition of new generation types, separation of fuel cost allocation, and changes to costing treatments for various energy sources and services, as discussed in various regulatory proceedings.

Challenges lying ahead p. pp. 10-11
Challenges lying ahead - The pace of changes in NS Power's generation and power purchase mix is about to accelerate in the coming years. - The share of NSPI owned generation in total system energy requirement will continue to decline falli...

AI summary NS Power's generation mix is expected to change significantly, with a decrease in fossil fuel generation and an increase in renewable energy. This shift will impact cost classification and redistribution of generation costs among different rate classes.

Discussion p. pp. 13-14
Discussion - Material changes in operating environment require reviews of costing methodology to ensure proper alignment with cost causation and asset utilization. - It is also important to be mindful of established ratemaking principles,...

AI summary The discussion highlights the need to review costing methodologies in response to changes in the operating environment, emphasizing the importance of aligning with cost causation and asset utilization. It also addresses the balance between ratemaking principles and the simplicity of the SLF method, while noting the complexity of alternative methods like LOLP and Probability Dispatch.

NS Power's Position on classification of Transmission in past COS Proceedings p. p. 17
NS Power's Position on classification of Transmission in past COS Proceedings - In its 1993 COS Application (NSPI864) NS Power proposed unbundling of transmission from production costs and classifying it 100% to demand cost allocated to ra...

AI summary NS Power has historically proposed different methods for classifying transmission costs in its COS Applications, including unbundling from production costs and allocating based on 3CP or 12CP. The UARB has influenced these classifications, and NS Power argues that 12CP better reflects the physical and operational realities of its transmission system.

MidAmerican developed the HCM because wind generation came to represent about half of generation costs p. p. 27
MidAmerican developed the HCM because wind generation came to represent about half of generation costs - The Iowa Board approved the switch to the HCM in 2014, noting that "wind power has not been a significant source of generation in any...

AI summary MidAmerican developed the HCM due to wind generation representing about half of generation costs. The Iowa Board approved the switch to the HCM in 2014, citing that wind power was not a significant source in prior rate cases. The HCM is described as a cost allocation and pricing model that ensures consistency between the two.

Instead of MidAmerican's exponential function, use California's probability-based curve p. p. 31
Instead of MidAmerican's exponential function, use California's probability-based curve - Sigmoidal (s-shaped) logistic regression - California selected RMO event probability as the basis for the curve

AI summary The text suggests replacing MidAmerican's exponential function with California's probability-based curve, specifically using the sigmoidal logistic regression based on RMO event probability.

Retain System Load Factor (SLF) method for allocating legacy generation resource costs to energy p. p. 32
Retain System Load Factor (SLF) method for allocating legacy generation resource costs to energy - Existing coal and combined cycle unit costs split between capacity and energy - All thermal unit energy costs (not fuel, but also including...

AI summary The document proposes retaining the System Load Factor (SLF) method for allocating legacy generation resource costs to energy. It outlines how existing coal and combined cycle unit costs are split between capacity and energy, and how energy costs are allocated equally on an hourly basis. The premise is that all customers consuming energy in the same hour should pay the same rate for that energy.

Energy arbitrage is the opportunity to shift load to lower-priced hours p. p. 35
Energy arbitrage is the opportunity to shift load to lower-priced hours - Currently, shifting demand from a 4-hour peak period to the surrounding four hours rarely saves much cost because marginal costs don't change much - Battery storage...

AI summary Energy arbitrage involves shifting load to lower-priced hours. However, shifting demand from a 4-hour peak period to surrounding hours rarely saves much cost due to minimal changes in marginal costs. Battery storage and time-varying pricing are tools that can help capitalize on cost differences.

Soon, there will be periods where most resources have near-zero dispatch cost p. p. 35
Soon, there will be periods where most resources have near-zero dispatch cost • Does it make sense to allocate energy at a uniform cost when the hourly cost can be nearly zero at times?

AI summary The text raises a question about whether it is appropriate to allocate energy at a uniform cost when the hourly cost of energy can be nearly zero during certain periods, suggesting a potential need for more nuanced cost allocation methods.

The current time-varying pricing rates are "revenue-neutral" p. p. 36
The current time-varying pricing rates are "revenue-neutral" - The Critical Peak Price is not designed to recover average hourly costs - Marginal (not average) costs are used in NS Power's time-varying rate design - Instead, the rates are...

AI summary The current time-varying pricing rates are designed to be revenue-neutral, using marginal costs rather than average costs. This approach ensures that average customers pay the same for the same usage pattern regardless of behavior changes, but may create strategic winners and losers.

Designing time-varying rates to be cost-based p. p. 36
Designing time-varying rates to be cost-based - Cost-based rates result in cost-neutral rates - Same effect on behavior (reduced fuel costs during peak periods), but now the "strategic winners and losers" are paying their fair share

AI summary The document discusses designing time-varying rates based on cost, emphasizing that such rates are cost-neutral and ensure that 'strategic winners and losers' pay their fair share, while maintaining the same behavioral impact of reducing fuel costs during peak periods.

2. Definition of POD Method p. p. 37
2. Definition of POD Method The NB Power evidence defines the POD method as allocating "the energy classified costs by looking at the cost of providing energy in each hour instead of assuming that each kilowatt-hour served throughout the y...

AI summary The document defines the POD method, which allocates energy classified costs based on hourly dispatch and probability of dispatch. E3 suggests improvements, such as including operating reserves and excluding dispatch for exports and interruptible loads. The method requires significant data and process changes for full implementation.

B. Generation (Capacity or Demand) Costs p. pp. 37-40
B. Generation (Capacity or Demand) Costs The POD and HCM method use substantially different methods for allocating the generation revenue requirement. The POD method allocates these costs equally to each MWh generated, although exactly how...

AI summary The document compares the POD and HCM methods for allocating generation revenue requirements, noting that the POD method equally distributes costs per MWh while the HCM method focuses on high-load hours. An s-shaped cost allocation curve is suggested for better representation of grid stress and time-varying rate design.

Excerpt from Exh. p. p. 40
Excerpt from Exh. 1 than some of the other methods but may be less aligned with intra-hour cost-causation by - 2 assuming every kilowatt-hour in the year has the same cost. The improvements to this

AI summary The text discusses the assumption that every kilowatt-hour in a year has the same cost and mentions potential improvements to this method, though it does not elaborate further.

2.2 Average and Peak with Time of Use (TOU) Method p. p. 40
2.2 Average and Peak with Time of Use (TOU) Method - 7 The average and peak with time of use method increases the granularity of the data used in - 8 allocation of the energy classified costs by looking at the cost of providing energy in e...

AI summary The average and peak with time of use (TOU) method provides a more granular approach to allocating energy classified costs by considering hourly generation costs and loss of load probability (LOLP). However, it requires additional data not currently available in NB Power's systems and raises confidentiality concerns that may impact transparency in cost allocation.

Average and Peak with Time of Use Method p. pp. 40-43
Average and Peak with Time of Use Method Like the Average and Peak method, the Average and Peak with Time of Use (TOU) method classifies all fixed generation costs to peak demand and average demand based on the system load factor (SLF). Av...

AI summary The text discusses the Average and Peak with Time of Use (TOU) method, explaining how fixed and variable costs are allocated based on load factors and dispatch costs. It highlights inconsistencies, such as the inclusion of interruptible loads in dispatch costs but not in load data, and the impact of export revenues on dispatch cost allocations.

Table 3: Pros and cons of Average and Peak with Time of Use method p. p. 43
Table 3: Pros and cons of Average and Peak with Time of Use method Pros Cons Allocates energy classified costs proportionally to the Moderate data needs (hourly dispatch costs, LOLP). cost of providing energy in each hour (instead of Relie...

AI summary Table 3 discusses the pros and cons of the Average and Peak with Time of Use method. It highlights that this method allocates energy costs proportionally to the cost of providing energy in each hour and allocates peak-demand costs to the hours driving the need for capacity resources. However, it requires moderate data needs and relies on average demand and 3CP, which may not align with the generation mix.

Timing of COS Transition p. p. 52
Timing of COS Transition - § Now is the time to make changes to reflect rapidly evolving NS Power system. - § ELCC generating resource cost functionalization is both more forward looking and more dynamic than current methodologies. - § COS...

AI summary The document emphasizes the need for updating the Cost of Service (COS) model to better reflect the current and evolving NS Power system, advocating for a more dynamic and forward-looking approach that focuses on cost-causation and the role of assets rather than ownership.

1. Introduction p. p. 55
1. Introduction 1. SBA Objectives for COSS The SBA believes that the timing is excellent for a fresh, comprehensive, and forward-looking review of the methodologies and assumptions used to establish the cost of service including allocation...

AI summary The SBA advocates for a comprehensive review of cost of service methodologies to ensure fair allocation of costs as electrification and decarbonization policies reshape energy usage and customer load profiles in Nova Scotia.

2. Underlying Principles for COSS p. p. 55
2. Underlying Principles for COSS The SBA has participated in the COSS stakeholder process hoping to see a process that: - 1. Closely examines cost causation for all the functions, generation, energy production, transmission, distribution,...

AI summary The SBA participated in the COSS stakeholder process to ensure cost causation is thoroughly examined across all functions, align cost causation with allocation factors, and avoid resisting COSS methodology improvements for rate stability, advocating for alignment with Bonbright principles and recognizing the evolving system structure.

Issue 1 Generation p. p. 55
Issue 1 Generation Issue 1 a - Should the use of System Load Factor (SLF) to allocate generation investment costs between demand and energy continue to be used? Are there alternatives to the use of the 3CP allocation factor? Can AMI data b...

AI summary The SBA proposes replacing the System Load Factor (SLF) with a peaker methodology for allocating generation investment costs, emphasizing reliability, energy cost minimization, and clean energy contributions. They also suggest classifying transmission facilities based on function rather than using SLF, with some classified as generation or energy investments.

Issue 2b - Functionalization of 'transmission' assets between transmission and generation (bulk Power Substation, BESS)? p. p. 55
Issue 2b - Functionalization of 'transmission' assets between transmission and generation (bulk Power Substation, BESS)? SBA View - The SBA refers to the discussion of Issue 1 a(i) above for this. A fresh look is needed, especially since t...

AI summary The SBA suggests that a fresh look is needed for the functionalization of transmission assets, such as bulk power substations and BESS, between transmission and generation. It notes that the existing methodology does not adequately address allocating some transmission costs as energy-related.

Issue 3b - Sub functionalization by voltage p. p. 55
Issue 3b - Sub functionalization by voltage SBA View – The SBA believes that the functionalization methodology can remain as current. The SBA is extremely concerned that cost causation has not been studied to determine a better class alloc...

AI summary The SBA believes the current functionalization methodology should remain unchanged, expressing concern that cost causation has not been adequately studied to determine a better class allocator than non-coincident class demands, although data from AMI may eventually allow for a more thorough examination.

Basic Customer Methodology p. pp. 68-69
Basic Customer Methodology - The Basic Customer methodology classifies only customer-specific costs as customer-related and the remaining costs are classified as demand-related and/or energy-related. - Customer-specific costs typically inc...

AI summary The Basic Customer methodology classifies customer-specific costs such as meters and service lines as customer-related, while other distribution costs are categorized as demand-related or energy-related using a system load factor. This approach is not used in Canada.

Hypothesis - Methods to evaluate energy delivered and annual energy losses p. p. 77
Hypothesis - Methods to evaluate energy delivered and annual energy losses Network segment Method 1 Method 2 Transmission Lines PSSe simulations using 8760 data Power Transformers Inventory calculations PSSe simulations using 8760 data Dis...

AI summary The text outlines methods to evaluate energy delivered and annual energy losses across different network segments, using simulation tools like PSSe and CYME, along with inventory calculations. The goal is to compute loss allocation per customer type with a certain level of accuracy.

Agenda p. pp. 82-83
Agenda - Recap: Bundled vs Unbundled Services at NS Power - Renewable to Retail Market Tariff Design - OATT Pricing Foundations - Conclusions

AI summary The agenda outlines key topics for discussion, including bundled vs unbundled services at NS Power, renewable to retail market tariff design, and OATT pricing foundations, with a focus on regulatory and operational considerations.

2026-2027 GRA Direct Evidence Appendix 12A(3) Page 197 of 310 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. pp. 88-89
2026-2027 GRA Direct Evidence Appendix 12A(3) Page 197 of 310 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Disaggregated Tariff Design – Flow of RtR Payments EBS = Energy Balancing Service SS = Standby Service Note: EBS & SS address: Top Up...

AI summary The document discusses the disaggregated tariff design, focusing on the flow of Renewable to Retail (RtR) payments, and includes references to Energy Balancing Service (EBS) and Standby Service (SS), which address Top Up, Spill, and provision of Backup supply.

RtR Market Transition Tariff p. p. 93
RtR Market Transition Tariff - o For any electricity NS Power supplies to LRS load, fixed and deferred costs are recovered by the EBS and SS rates. - o When NS Power is not supplying electricity to LRS load, fixed and deferred costs are re...

AI summary The RtR Market Transition Tariff outlines how NS Power recovers fixed and deferred costs through EBS and SS rates when supplying electricity to LRS load, and through RTT when not supplying. The rate structure includes cost mitigation and annual energy cost adjustments, with embedded costs depending on RtR generation, load characteristics, and LRS usage of standby and energy balancing services.

- o The tariff is applied to each LRS in respect of its aggregate load and p. pp. 93-94
- o The tariff is applied to each LRS in respect of its aggregate load and generation, not on a customer-specific basis.2023 2024 Variance Energy Charge by Components (cents per kWh) Fixed Cost Adder from Energy Balancing Service Tariff 3....

AI summary The tariff is applied to each Load-Serving Retailer (LRS) based on its aggregate load and generation, not on a customer-specific basis. The table shows energy and demand charges for 2023 and 2024, including components like the Energy Balancing Service Tariff and Annual Energy Cost Adjustment.

OATT Design Foundations p. pp. 96-97
OATT Design Foundations - OATT was designed using FERC's pro forma OATT structure. - OATT Rates are designed for pricing purposes of transmission and generation ancillary services provided to - all customers in the fully unbundled markets...

AI summary The OATT (Open Access Transmission Tariff) was designed using FERC's pro forma structure for pricing transmission and generation ancillary services. It is intended for use in fully unbundled markets or by transmission customers of vertically integrated utilities selling power in wholesale markets, not as an alternate to bundled service rates for retail customers.

• Bundled Service Rates p. pp. 100-101
• Bundled Service Rates - priced in either c/kWh or both in c/kWh and $/kVa or $/kW - Reflective of test year costs subject to - revenue to cost ratio adjustments - Cost deferrals, caps and multi-year rate smoothing which might be solely a...

AI summary Bundled service rates are priced in c/kWh or both c/kWh and \/kVa or \/kW, reflecting test year costs with adjustments such as revenue to cost ratio, cost deferrals, caps, and multi-year rate smoothing that may apply specifically to bundled service rates.

COSS Model p. p. 106
COSS Model Exhibit Purpose 1 Summary of Existing and Proposed Revenue to Expense Ratio Ratios 2 Rate Base Functionalization & Classification 3 Rate Base Allocation 4 Operating Expense Functionalization 5 Operating Expense Classification 6...

AI summary The COSS Model is being analyzed through various runs, with specific changes to classifications and allocations of expenses and revenue. Key changes include the classification of PHP as a separate rate class, grid-scale storage by ELCC factor, and adjustments to transmission and generation classifications.

8. Allocate Service Drops on the Same Basis as Meters p. pp. 113-114
8. Allocate Service Drops on the Same Basis as Meters - ➢ Purpose: Analyse the impact of allocating service drops based on the allocation of meters, instead of the weighted customer count. - ➢ Model Notes: A new allocator is added to the m...

AI summary This section discusses the impact of allocating service drops based on meter allocation rather than weighted customer count. A new allocator is introduced, derived from each class's share of meter costs, resulting in a small shift in allocated costs from higher-weighted to lower-weighted classes.

9. Allocate Service Drops with the Customer Count Allocator p. pp. 115-116
9. Allocate Service Drops with the Customer Count Allocator - ➢ Purpose: Analyse the impact of allocating service drops based on unweighted customer counts, instead of the weighted customer count. - ➢ Model Notes: The weighting factors are...

AI summary This section discusses the impact of using unweighted customer counts instead of weighted customer counts for allocating service drops. The model notes indicate that weighting factors are set to 1 for each class, making the allocator function as an unweighted customer count. The overall impact is a relatively small shift in allocated costs from classes with higher weightings to those with lower weightings.

10a. Classify Steam Generation by Capacity Factor Instead of SLF p. pp. 117-118
10a. Classify Steam Generation by Capacity Factor Instead of SLF - ➢ Capacity Factor = Average Hourly Generation / Peak Generation - ➢ Purpose: Analyse the impact of allocating steam generation by the weighted average capacity factor inste...

AI summary This section discusses the proposal to classify steam generation based on capacity factor rather than SLF (Steam Load Factor). It explains that the weighted average capacity factor is lower than SLF, leading to a reallocation of costs from energy to demand, with lower load factor classes bearing more costs.

3. Transmission Classified 100% as Demand p. pp. 126-127
3. Transmission Classified 100% as Demand - ➢ Purpose: Classify all Transmission as 100% demand instead of using the SLF as peak demands are the primary cost driver of Transmission costs. - ➢ Model Notes: The classification factors that sh...

AI summary This section discusses reclassifying all Transmission costs as 100% demand, removing classification factors that shift costs to energy. This change shifts cost responsibility from classes with high load factors to those with low load factors, with adjustments made to avoid cell definition errors in the model.

4. PHP as a Separate ATL Rate Class p. pp. 128-129
4. PHP as a Separate ATL Rate Class - > Purpose: Move PHP from a BTL rate class to a new interruptible ATL rate class. - ➤ Model Notes: This model is the same as PHP DR-12 part a). Loads are shifted from the BTL rate class to ATL rate clas...

AI summary The proposal to move PHP from a BTL rate class to a new interruptible ATL rate class is discussed. This change would affect the SLF calculation and increase the share of costs allocated by energy. NS Power supports the creation of a separate class if service is moved to ATL from BTL, but has not determined its position on PHP's assumed demand level.

Pricing Options Available to MEUs p. p. 146
Pricing Options Available to MEUs - MEUs have a choice to acquire their electric services in - 1. a bundled service market under the Municipal Tariff - 2. an unbundled wholesale market where in addition to energy purchases from third party...

AI summary MEUs can choose between bundled services under the Municipal Tariff or an unbundled wholesale market, requiring the use of OATT for transmission and ancillary services, with optional energy balancing and standby capacity services available under the BUTU and Spill Tariffs for nondispatchable sources like wind farms.

under either full or partial service arrangement. p. pp. 146-147
under either full or partial service arrangement. - Customers are free to pre-select their annual service mix on annual basis some time in advance (OATT 60 days, BUTU – months) - MEUs have exercised these pricing choices every year since 2...

AI summary Customers can pre-select their annual service mix in advance, with specific timelines outlined in OATT and BUTU. MEUs have been making these pricing choices annually since 2015.

Recap: How do rates in wholesale and retail markets compare? p. pp. 160-161
Recap: How do rates in wholesale and retail markets compare? - Charges for energy balancing and standby capacity services are less in the wholesale market over a broad range of load factors starting at 10% LF because - Non-fuel cost recove...

AI summary The wholesale market has lower charges for energy balancing and standby capacity services compared to the retail market, particularly at load factors starting at 10%. This is due to differences in non-fuel cost recovery and the alignment of fuel costs between the BUTU and EBS Tariffs in 2024.

To quantify each customer class's impact, losses are allocated based on network connectivity. p. pp. 193-194
To quantify each customer class's impact, losses are allocated based on network connectivity. Class % Secondary % Primary % Transmission (1) Domestic 100% 0% 0% (5) Small General 100% 0% 0% (8) General 94% 6% 0% (11) GENERAL LARGE 0% 100%...

AI summary The text discusses the allocation of losses among different customer classes based on network connectivity. A table is provided showing the percentage distribution of losses across secondary, primary, and transmission categories for each class.

Step 02 : Calculation of loss allocation factors p. p. 196
Step 02 : Calculation of loss allocation factors - Losses are calculated for each customer class across all network segments using a defined formula. Segment Losses = Customer Class Contribution % x Total Annual Energy Losses for the segme...

AI summary This section outlines the methodology for calculating loss allocation factors, where segment losses are determined by multiplying the customer class contribution percentage by total annual energy losses for each segment, and total energy loss for each class is obtained by summing losses across all segments.

Demand line loss p. pp. 197-198
Demand line loss Demand losses were calculated for each customer class across all network segments using the following formula : Segment Demand loss = Class contribution to coincident demand x Segment demand loss % - Secondary demand losse...

AI summary The document discusses the calculation of demand line losses for each customer class across network segments using specific formulas and models, including CYME for distribution and PSS/E 8760 for transmission. Sensitivity analysis on marginal losses showed inconsistent results for smaller rate classes.

2026-2027 GRA Direct Evidence Appendix 12A(4) Page 2 of 18 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. pp. 3-4
2026-2027 GRA Direct Evidence Appendix 12A(4) Page 2 of 18 REDACTED (CONFIDENTIAL INFORMATION REMOVED) - 2- Bundled/Unbundled Review May 9, 2024 unbundled rates for large customers procuring renewable energy. Manitoba, New Brunswick, and P...

AI summary The document discusses the availability of unbundled rates for large customers procuring renewable energy, noting that Manitoba, New Brunswick, and Prince Edward Island do not offer such rates. This is part of a broader review of bundled and unbundled rates.

2026-2027 GRA Direct Evidence Appendix 12A(4) Page 3 of 18 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. pp. 4-5
2026-2027 GRA Direct Evidence Appendix 12A(4) Page 3 of 18 REDACTED (CONFIDENTIAL INFORMATION REMOVED) - 3- Bundled/Unbundled Review May 9, 2024 - 14 (1) By March 23, 2014, the commission must issue orders as follows: - (a) the commission...

AI summary This document discusses the withdrawal of unbundled transmission services by BC Hydro in British Columbia, citing regulatory directions from 2014 and 2019. BC Hydro has not reintroduced the service, and no customers used the Retail Access Program while it was active. The price of BC Hydro-supplied electricity remained lower than market prices.

2026-2027 GRA Direct Evidence Appendix 12A(4) Page 5 of 18 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. pp. 6-7
2026-2027 GRA Direct Evidence Appendix 12A(4) Page 5 of 18 REDACTED (CONFIDENTIAL INFORMATION REMOVED) - 5- Bundled/Unbundled Review May 9, 2024 energy-classified costs, but fixed monthly customer charges were maintained at the same charge...

AI summary The document discusses the structure of energy-classified costs and fixed monthly customer charges, noting that demand charges are higher under certain rates, leading to lower energy charges. It also compares Capacity Reservation Service rates to SaskPower's Renewable Access Service Rate, suggesting they may be more aligned than standard large commercial and industrial rates.

2.4 MANITOBA p. p. 7
2.4 MANITOBA Manitoba Hydro does not offer unbundled rates. The Manitoba Hydro Act states that "Subject to the regulations, no person other than the corporation shall engage in the retail supply of power in Manitoba".[12](#page-7-0) Manito...

AI summary Manitoba Hydro does not currently offer unbundled rates, as restricted by the Manitoba Hydro Act. However, it is considering the possibility of introducing unbundled rates in the future, as noted in its rate design evidence for the 2023/24 and 2024/25 General Rate Applications.

2026-2027 GRA Direct Evidence Appendix 12A(4) Page 8 of 18 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. pp. 9-10
2026-2027 GRA Direct Evidence Appendix 12A(4) Page 8 of 18 REDACTED (CONFIDENTIAL INFORMATION REMOVED) - 8- Bundled/Unbundled Review May 9, 2024 paid by other customers. Capacity Reservation Service rates in SaskPower were created to maint...

AI summary The document discusses the concept of bundled and unbundled rate structures, noting that utilities typically apply rate increases uniformly across customer bills without rebalancing components to align with causal costs. This approach maintains historic continuity and bill stability, though it may lead to deviations from appropriate unbundled rates.

Memorandum p. p. 22
Memorandum To: Participants in NS Power COSS Stakeholder Process From: NS Power Date: October 11, 2024 Re: Written Response regarding Decarbonization Deferral Account (DDA) The COSS work plan outlines the following item for NS Power to pro...

AI summary NS Power outlines its approach to the Decarbonization Deferral Account (DDA) in response to stakeholder concerns. The DDA is used to defer costs related to retiring coal-fired assets and decommissioning facilities by 2030. The Board approved the DDA in May 2024, and NS Power proposes treating it as a regulatory asset for cost of service (COS) purposes.

are treated as follows: p. p. 22
are treated as follows: - Functionalized among the four service areas of generation, transmission, distribution (according to the portion of total rate base each function represents), and retail, - Classified to all services of energy, dem...

AI summary The text outlines how costs are allocated across different service areas and rate classes, ensuring that each function's share of the rate base is appropriately reflected in classifications and apportionments.

Memorandum p. p. 26
Memorandum To: Participants in NS Power COSS Stakeholder Process From: NS Power Date: November 1, 2024 Re: Written Response regarding Decarbonization Deferral Account (DDA) - Updated The COSS work plan outlines the following item for NS Po...

AI summary NS Power outlines its position on the Decarbonization Deferral Account (DDA) in response to the COSS Stakeholder Process. The DDA is a regulatory asset used to recover costs from retiring coal-fired assets by 2030. NS Power proposes treating the DDA as a regulatory asset in the same manner as other assets for cost-of-service (COS) purposes, citing historical practices from previous GRA filings.

2026-2027 GRA Direct Evidence Appendix 12A(5) 1 Page 7 of 31 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 26
2026-2027 GRA Direct Evidence Appendix 12A(5) 1 Page 7 of 31 REDACTED (CONFIDENTIAL INFORMATION REMOVED) November 1, 2024 Memo to Participants in COSS Stakeholder Process - Func�onalized among the four service areas of genera�on, transmiss...

AI summary This memo outlines the methodology for func�onalizing and classifying costs across different service areas and rate classes as part of the 2026-2027 GRA Direct Evidence Appendix 12A(5) process.

Additional Comments p. p. 26
Additional Comments NS Power was asked in the October 16th session to elaborate on the DDA memo on the following item: • Has NS Power given considera�on regarding whether DDA should be allocated as environmental goals? In addition, NS Powe...

AI summary NS Power was asked to elaborate on the DDA memo, specifically regarding the allocation of DDA as environmental goals. Additionally, NS Power was requested to clarify the location of regulatory assets in Exhibit 3 and provide a list of current or recent regulatory assets allocated in this manner.

NS Power Response p. p. 26
NS Power Response Although the early retirements of coal units are driven by policy changes requiring NS Power to be off coal by 2030 and 80 percent renewable by 2030, the establishment of the DDA was primarily justified as a rate stabiliz...

AI summary NS Power explains that the Decarbonization Deferral Account (DDA) was established as a rate stabilization tool to avoid significant rate increases due to accelerated coal unit retirements. The company outlines pros and cons of classifying the DDA entirely to energy.

November 1, 2024 Memo to Participants in COSS Stakeholder Process p. p. 26
November 1, 2024 Memo to Participants in COSS Stakeholder Process Pros Cons Would be consistent with fuel conversion Does not align with the view that the DDA and emission reduction classification. is a rate stabilization tool and was esta...

AI summary The memo outlines a debate on the classification of the Decarbonization Deferral Account (DDA) and its alignment with rate stabilization tools. It also details the inclusion of regulatory amortization in corporate taxes and the apportionment of regulatory assets and expenses to rate classes based on their responsibilities for the rate base.

2026-2027 GRA Direct Evidence Appendix 12A(5) 1 Page 13 of 31 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 32
2026-2027 GRA Direct Evidence Appendix 12A(5) 1 Page 13 of 31 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Status Quo CTD Referen ce NS Power Position (Pre Resolution Session) NS Power Updated Position (Following Resolution Session) Justifi...

AI summary The table outlines a comparison between the Status Quo and the Cost of Capital and Affordability Study (CCAS) reference, focusing on grid-scale storage issues. It includes columns for NS Power's initial position, updated position following a resolution session, and the justification for the updated position.

2026-2027 GRA Direct Evidence Appendix 12A(6) Page 4 of 6 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 49
2026-2027 GRA Direct Evidence Appendix 12A(6) Page 4 of 6 REDACTED (CONFIDENTIAL INFORMATION REMOVED) - Session 7: June 3, 2024 - o Full-day session - o Topics: Distribution functionalization (transmission vs distribution); subfunctionaliz...

AI summary The sessions discussed distribution functionalization, cost of service treatment for bundled and unbundled services, and line loss studies. NS Power presented their positions, and intervenors provided feedback. Topics included allocation of service drop costs, use of AMI data, and alignment of OATT with COSS.

2026-2027 GRA Direct Evidence Appendix 12A(6) Page 5 of 6 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 49
2026-2027 GRA Direct Evidence Appendix 12A(6) Page 5 of 6 REDACTED (CONFIDENTIAL INFORMATION REMOVED) - o Topic: Review of Models - o Summary: In this session, NS Power's third-party COSS consultant, Elenchus Research Associates Inc. (Elen...

AI summary This document outlines a series of sessions related to the 2026-2027 GRA Direct Evidence Appendix 12A(6). NS Power presented updates on the Cost of Service Study model, discussed bundled vs. unbundled service alignment, and provided a Line Loss Study update. Resolution sessions were held to address stakeholder concerns and find common ground.

1 EXECUTIVE SUMMARY p. p. 62
1 EXECUTIVE SUMMARY 2 Nova Scotia Power Inc. ("NS Power") retained Elenchus Research Associates 3 ("Elenchus") in December 2023 to assist the company during its cost of service study 4 ("COSS") review process. The goal of this process was...

AI summary NS Power retained Elenchus Research Associates to assist with its cost of service study review process. The goal was to refine NS Power's methodology in light of developments since the 2013 COSS, including increased renewable integration, gas-fired generation, and grid-scale battery storage. Elenchus provided context on ratemaking principles and cost allocation practices.

Cost-related Attributes: p. p. 68
Cost-related Attributes: - 4. Static efficiency of the use of rate classes and rate blocks in discouraging wasteful use of the service, while promoting all justified types and amounts of use. - 5. Reflections of all of the present and futu...

AI summary The text discusses principles of public utility rates, emphasizing the static efficiency of rate classes and rate blocks in discouraging wasteful use while promoting justified usage, and the reflection of present and future private and social costs and benefits of service provision, referencing a 1988 publication by Bonbright, Danielsen, and Kamerschen.

2026-2027 GRA Direct Evidence Appendix 12B Page 13 of 55 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 69
2026-2027 GRA Direct Evidence Appendix 12B Page 13 of 55 REDACTED (CONFIDENTIAL INFORMATION REMOVED) -13- NSP COSS Consultation Report Draft April 25, 2025 1 Stability and predictability are criteria that deal with the need to use cost all...

AI summary The text discusses the importance of stability and predictability in cost allocation and rate design, emphasizing the need to avoid sudden and significant changes in customer bills. It suggests that when necessary changes occur, they should be phased in to mitigate impacts on consumers.

11 1.3.2 COST RELATED p. pp. 69-70
11 1.3.2 COST RELATED - 12 Fairness and equity are understood to mean that the utility's assets and expenses have - 13 been apportioned to the customer classes in a manner that has cost causality as the main - 14 criterion. The methodologi...

AI summary The text discusses the principles of fairness, equity, and economic efficiency in utility cost apportionment. It emphasizes cost causality as a key criterion for allocating assets and expenses to customer classes, and highlights the importance of rate design in promoting operational and dynamic efficiency, as well as resource conservation.

1 1.3.3 PRACTICAL RELATED p. p. 71
1 1.3.3 PRACTICAL RELATED - 2 Simplicity and administrative ease are criteria that address the need to use cost allocation - 3 and rate design methods that are understandable by stakeholders and customers and - 4 are implementable by the u...

AI summary The text emphasizes the importance of simplicity and administrative ease in cost allocation and rate design methods, highlighting the need for these methods to be understandable by stakeholders and customers, as well as implementable by the utility based on its available capabilities and resources.

4 Table 2 – Summary of NS Power Proposed Methodology p. p. 74
4 Table 2 – Summary of NS Power Proposed Methodology Status Quo Change Generation • Allocation except for treatment of purchased power • No initial classification to energy for environmental and fuel conversion reasons • Use system load fa...

AI summary NS Power proposes changes to its methodology for classifying and allocating costs related to generation, transmission, and distribution. Key changes include refunctionalizing radial-to-generation, using system load factors for classification, and creating new storage sub-functions. These changes aim to improve cost allocation and align with updated regulatory practices.

2026-2027 GRA Direct Evidence Appendix 12B Page 18 of 55 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. pp. 74-75
2026-2027 GRA Direct Evidence Appendix 12B Page 18 of 55 REDACTED (CONFIDENTIAL INFORMATION REMOVED) -18- NSP COSS Consultation Report Draft April 25, 2025 • • • DSM rate rider – all DSM costs assigned directly. No system benefit allocatio...

AI summary The document discusses the DSM rate rider and the allocation of DSM costs directly without system benefit allocation, along with the DDA methodology and new line losses. It also includes a section on generation.

2026-2027 GRA Direct Evidence Appendix 12B Page 23 of 55 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. pp. 79-80
2026-2027 GRA Direct Evidence Appendix 12B Page 23 of 55 REDACTED (CONFIDENTIAL INFORMATION REMOVED) -23- NSP COSS Consultation Report Draft April 25, 2025 1 part of its proposal, NS Power will remove the initial classification of environm...

AI summary NS Power proposes to classify all generation rate base, including environmental and fuel conversion, using the system load factor rather than discrete classification factors. This approach is consistent with practices in other Canadian jurisdictions and aims to align cost allocation with customer load profiles and regulatory requirements.

2026-2027 GRA Direct Evidence Appendix 12B Page 24 of 55 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. pp. 80-81
2026-2027 GRA Direct Evidence Appendix 12B Page 24 of 55 REDACTED (CONFIDENTIAL INFORMATION REMOVED) -24- NSP COSS Consultation Report Draft April 25, 2025 - 1 would be primarily classified to energy and combustion turbines would be classi...

AI summary This excerpt from the NSP COSS Consultation Report Draft discusses the classification of assets, noting that certain classifications would be primarily energy-related, while others would be fully classified to demand, potentially leading to different rate impacts based on when investments in those assets occur.

4.2.1.3 ELENCHUS OPINION p. p. 81
4.2.1.3 ELENCHUS OPINION 5 The system load factor method is a simple and pragmatic approach to classifying costs 6 that are functionalized as generation costs as energy- and demand-related in a manner 7 that ignores the cost difference acr...

AI summary The Elenchus opinion critiques the system load factor method for allocating generation costs, noting that it oversimplifies by ignoring differences between supply resources. It raises concerns about the impact of new facilities on cost allocation and suggests that a more granular approach may not be equitable in the short term. The opinion emphasizes the need for a methodology that balances cost causality and fairness.

4.3.2.1 NSP CURRENT APPROACH p. p. 85
4.3.2.1 NSP CURRENT APPROACH - 6 Demand-classified purchases are allocated to rate classes based on each class's share - 7 of 3CP. - 8 Fuel and imports, all of which are classified to energy, are allocated to rate classes based - 9 on each...

AI summary Nova Scotia Power (NSP) allocates demand-classified purchases based on each rate class's share of 3CP. Fuel and imports are allocated monthly based on energy consumption, ensuring that classes consuming more during high-cost months pay more per kWh. Non-fuel energy purchases are allocated annually based on energy consumption.

10 4.3.3.2 NSP PROPOSED APPROACH p. p. 86
10 4.3.3.2 NSP PROPOSED APPROACH - 11 NS Power is proposing to allocate demand-classified radial-to-generation and storage - 12 that is functionalized to generation, using the 3CP allocator, consistent with the allocator - 13 used to alloc...

AI summary NS Power is proposing a method to allocate demand-classified radial-to-generation and storage using the 3CP allocator, aligning with the approach used for other generation rate base, depreciation, and OM&A. Energy-classified radial-to-generation and storage are to be allocated based on annual energy consumption.

5.2.1.2 NSP PROPOSED APPROACH p. p. 89
5.2.1.2 NSP PROPOSED APPROACH - NS Power is proposing to change the classification of transmission costs from the system - load factor to 100% demand. Classifying transmission costs by the system load factor is - not consistent with cost c...

AI summary NS Power proposes classifying transmission costs based on 100% demand rather than system load factor, arguing that this aligns with cost causality principles and practices of other Canadian utilities, as transmission costs are driven by peak demand rather than energy delivered.

5.2.3.2 NSP PROPOSED APPROACH p. pp. 90-91
5.2.3.2 NSP PROPOSED APPROACH - 2 NS Power proposes to classify transmission storage as 100% demand. - 5.2.3.3 ELENCHUS OPINION - 4 Storage facilities that are deemed to be transmission storage primarily serve the function - 5 of reducing...

AI summary NSP proposes classifying transmission storage as 100% demand, arguing that it reduces strain on the transmission system during peak times and avoids capacity-related costs. Elenchus supports this classification, emphasizing its function in reducing transmission strain.

5.3 ALLOCATION p. p. 91
5.3 ALLOCATION - 5.3.1 GENERAL TRANSMISSION - 5.3.1.1 NSP CURRENT APPROACH - Demand-classified EHV and HV transmission is allocated to rate classes using the same - 3CP allocator used to allocate demand-classified generation costs. - Energ...

AI summary NS Power proposes maintaining the current method of allocating demand-classified transmission costs using the 3CP allocator, while eliminating the energy classification of transmission costs. Elenchus supports this approach, aligning with NS Power's proposal to use a single sub-function for EHV and HV transmission costs in the revised cost of service study model.

5.3.2 RADIAL-TO-GENERATION & STORAGE p. p. 92
5.3.2 RADIAL-TO-GENERATION & STORAGE - 5.3.2.1 NSP CURRENT APPROACH - 3 Radial-to-generation and storage costs are embedded within EHV and HV transmission - 4 costs so they are implicitly allocated using the same demand and energy allocato...

AI summary The document discusses Nova Scotia Power's (NSP) current and proposed approaches to allocating radial-to-generation and storage costs. NSP currently embeds these costs within transmission costs, while proposing to refunctionalize radial-to-generation away from transmission and apply the 3CP demand allocator to transmission storage. Elenchus supports the use of the 3CP allocator for transmission storage costs.

7 6.3.1.3 ELENCHUS OPINION p. p. 100
7 6.3.1.3 ELENCHUS OPINION - 8 Elenchus agrees with the allocators used to allocate Distribution demand and customer- - 9 classified costs. The non-coincident peak (i.e., the individual class peaks is the most - 10 commonly used method for...

AI summary Elenchus supports the use of non-coincident peak as the primary method for allocating distribution-classified demand costs, arguing that the distribution system must accommodate customer peaks, which may not align with system-wide peaks.

15 7.1.1 CURRENT RETAIL METHODOLOGY p. p. 101
15 7.1.1 CURRENT RETAIL METHODOLOGY - 16 Retail costs include expenses like meter reading, customer service, and billing & - 17 collection. These costs are classified fully as customer-related.

AI summary The current retail methodology classifies retail costs, such as meter reading, customer service, and billing and collection, as fully customer-related expenses.

12 7.2.1 CURRENT GENERAL PLANT METHODOLOGY p. p. 103
12 7.2.1 CURRENT GENERAL PLANT METHODOLOGY - 13 General plant is largely overhead-type plant that cannot be identified with any particular - 14 function, classification, or rate class. For example, administrative buildings are considered -...

AI summary The current general plant methodology involves classifying overhead-type plant, such as administrative buildings, across Generation, Transmission, Distribution, and Direct Assignment functions based on their share of plant in service. It is then allocated to rate classes using a weighted average of classified costs within each function, with a composite allocation approach similar to grossing-up net plant by the same percentage.

7.3.1 RATE CLASSIFICATIONS p. p. 104
7.3.1 RATE CLASSIFICATIONS - Port Hawkesbury Paper ("PHP") is currently the only customer within the Extra Large - Industrial Active Demand Control ("ELIADC") rate class. The ELIADC rate class is - considered a below-the-line rate class, i...

AI summary Port Hawkesbury Paper is the sole customer in the ELIADC rate class, which is a below-the-line rate class with costs calculated outside the cost of service study model, particularly for energy costs.

2026-2027 GRA Direct Evidence Appendix 12B Page 48 of 55 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. pp. 104-105
2026-2027 GRA Direct Evidence Appendix 12B Page 48 of 55 REDACTED (CONFIDENTIAL INFORMATION REMOVED) -48- NSP COSS Consultation Report Draft April 25, 2025 - 1 assigned based on the incremental cost of generation instead of an allocation o...

AI summary This text discusses NS Power's efforts to develop an above-the-line tariff for PHP, based on incremental generation costs and load characteristics relative to other classes. NS Power and PHP are collaborating to determine the viability of such a tariff.

7.3.2 NSP PROPOSED APPROACH p. p. 105
7.3.2 NSP PROPOSED APPROACH - 7 NS Power has refined the COSS to facilitate scenarios that allocate costs to PHP as a - 8 separate rate class PHP's loads and customer characteristics would be included in the - 9 derivation of allocators as...

AI summary NSP has refined the COSS to allocate costs to PHP as a separate rate class, ensuring its loads and customer characteristics are included in the derivation of allocators. PHP, being a transmission-connected customer, will not receive any allocation of distribution costs.

7.3.3 ELENCHUS OPINION p. p. 105
7.3.3 ELENCHUS OPINION - The load volumes and active demand control characteristics of PHP are sufficiently - different from other classes that it is appropriate to treat PHP as a separate rate class if - they move above-the-line. NS Power...

AI summary Elenchus argues that PHP should be treated as a separate rate class due to its distinct load volumes and active demand control characteristics. They support NS Power's approach to cost allocation for PHP, emphasizing consistency with other rate classes while accounting for specific load characteristics.

2026-2027 GRA Direct Evidence Appendix 12B Page 49 of 55 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. pp. 105-106
2026-2027 GRA Direct Evidence Appendix 12B Page 49 of 55 REDACTED (CONFIDENTIAL INFORMATION REMOVED) -49- NSP COSS Consultation Report Draft April 25, 2025 - 1 levels by rate class was used to estimate rate class-specific demand and energy...

AI summary The document discusses the use of rate class-specific demand and energy loss estimation in the NSP COSS Consultation Report Draft from April 25, 2025. It highlights the use of levels by rate class and factors in the analysis.

7.5.1 NSP PROPOSED APPROACH p. p. 106
7.5.1 NSP PROPOSED APPROACH - NS Power is required to retire coal-fired assets and associated marine unloading and fuel - delivery facilities by 2030. These assets have not yet reached their end of service life so - NS Power will not recov...

AI summary Nova Scotia Power (NSP) is required to retire coal-fired assets by 2030 and will not recover decommissioning costs by that date. NSP has been approved to use a Decarbonization Deferral Account (DDA) as a rate stabilization tool and proposes to allocate DDA costs using its prior methodology based on the weighted average of its rate base.

7.5.2 ELENCHUS OPINION p. p. 106
7.5.2 ELENCHUS OPINION - This weighted average approach effectively treats DDA costs as overhead-type costs in - the same manner as general plant. Though the costs are related to the generation - function, the need to recover DDA costs is...

AI summary The weighted average approach treats DDA costs as overhead-type costs, similar to general plant, despite their origin in legislation requiring NS Power to decarbonize. This raises concerns about whether DDA costs should be recovered based on the asset's original function or spread more broadly.

7.7.1 CHANGES TO ALIGN BUNDLED AND UNBUNDLED SERVICES p. p. 108
7.7.1 CHANGES TO ALIGN BUNDLED AND UNBUNDLED SERVICES - 7 NS Power is proposing to revise the calculation of the transmission revenue requirement - 8 underpinning the Open Access Transmission Tariff ("OATT") to make it consistent with - 9...

AI summary NS Power is proposing to revise the OATT transmission revenue requirement calculation to align it with the cost of service study. The current OATT method does not include radial-to-generation costs, and reclassifying these costs from transmission to generation will improve alignment. Additionally, OATT rates are based only on demand, leading to misalignment in cost classification when using the system load factor.

7.7.2 ELENCHUS OPINION p. p. 108
7.7.2 ELENCHUS OPINION - Bundled and unbundled rates should be aligned such that customers receiving unbundled - service should be charged rates that are consistent with the rates underpinning bundled - rates. For example, the portion of b...

AI summary The text discusses the alignment of bundled and unbundled rates, emphasizing that customers receiving unbundled service should be charged rates consistent with those underpinning bundled rates, particularly for transmission services aligned with OATT rates.

8 CONCLUSIONS p. p. 110
8 CONCLUSIONS 2 As stated in the Introduction the goal of this process was to identify appropriate changes 3 to NS Power's COSS in light of developments including the greater integration of wind 4 and other renewables, the addition of a gr...

AI summary The document discusses the need for refinements to NS Power's Cost of Service Study (COSS) methodology due to changes in technology and generation mix, such as increased renewables and gas-fired generation. It emphasizes that the fundamental principles of cost allocation remain unchanged, but adjustments are necessary to equitably assign costs to customer classes.

2026-2027 GRA Direct Evidence Appendix 12B Page 54 of 55 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 110
2026-2027 GRA Direct Evidence Appendix 12B Page 54 of 55 REDACTED (CONFIDENTIAL INFORMATION REMOVED) -54- NSP COSS Consultation Report Draft April 25, 2025 1 with meeting the system's base, intermediate and peak demands. However, the 2 int...

AI summary The document discusses NSP's approach to classifying generation, transmission, and distribution costs in the context of evolving energy technologies and supply portfolios. It highlights the integration of renewable generation, storage, and PPAs, and proposes refining cost classifications to align with operational realities and best practices in ratemaking.

2026-2027 GRA Direct Evidence Appendix 12B Page 55 of 55 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 110
2026-2027 GRA Direct Evidence Appendix 12B Page 55 of 55 REDACTED (CONFIDENTIAL INFORMATION REMOVED) -55- NSP COSS Consultation Report Draft April 25, 2025 1 of the functionalization of projects within general plant will better align suppo...

AI summary This text discusses refinements to NS Power's Cost of Service Study (COSS) to better align support costs with specific functions, address unique costing approaches for PHP, and update DSM rate rider weightings based on customer class. It also highlights a new line loss study conducted by BBA, which provides a more accurate basis for allocating line losses among rate classes.

3.5 Loss Allocation Factor p. p. 121
3.5 Loss Allocation Factor The Loss Allocation Factor (LAF) is a calculated ratio used to allocate annual energy losses across customer classes based on their relative energy sales (consumption). It reflects the average amount of energy lo...

AI summary The Loss Allocation Factor (LAF) is a calculated ratio used to distribute annual energy losses among customer classes based on their energy sales. It reflects the average energy loss per kilowatt-hour sold and is calculated by dividing annual energy loss by energy sales.

N-112026-2027 GRA DA 01-04 - Redacted 1 passage
2026-2027 GRA
2026-2027 GRA Proposed Rates Proposed Rates Actual 2024 Forecast 2025 2026 2027 3 FUNCTION 4 Generation 5 Steam 75,243 83,440 87,863 6 Gas Turbine 5,779 6,404 6,742 7 LM6000 1,289 1,430 1,506 8 Wind Turbine 15,264 16,933 17,835 9 Hydro 37,...

AI summary The 2026-2027 GRA table outlines proposed rates for energy generation (steam, gas turbine, wind, hydro) and transmission/distribution, showing a sharp decline in transmission costs and rising total ARO. Rates for generation sources increase incrementally, while transmission costs drop significantly from 2024 to 2027.

N-122026-2027 GRA FO 01-15 - Redacted 1 passage
2
Total Deferred Charges & Credits 62.8 $ 75.8 $ 70.6 $ RB-02-16, line 22 69.3 2 Fo ast rec 20 25 Fo ast rec 20 26 Fo ast rec 20 27 Av era ge 20 25/ 20 26 Av era ge 20 26/ 20 27 Re fer en ce Le Am iza tio ort ss: n - - En din g b ala nce - -...

AI summary This document provides a summary of deferred charges and credits, including ending balances and references to regulatory filings such as RB-02-16. It outlines various categories including asset retirement obligations, deferred credits, and demand-side management agreements, with specific line references.

N-132026-2027 GRA OE-01-13 - Redacted 10 passages
Preamble p. p. 38
This document describes the plan for administering Nova Scotia Power Inc.'s (NS Power) Fuel Adjustment Mechanism (FAM), which was approved by the Nova Scotia Utility and Review Board (Board) in its decision letter issued on December 11, 20...

AI summary This document outlines the administration plan for NS Power's Fuel Adjustment Mechanism (FAM), approved in 2008. It explains how the Base Cost of Fuel is calculated, reset, and used to adjust customer rates based on actual fuel costs. The FAM includes provisions for audits, stakeholder input, and interest calculations on over/under-recovery amounts.

- GHG Emission Compliance Program costs p. p. 41
- GHG Emission Compliance Program costs 502500 REG FUEL DIESEL OIL CONSUMED 504450 REG GRID SALES FUEL DIESEL 3.2.5 Light Starter Oil

AI summary The text discusses the costs related to the GHG Emission Compliance Program, specifically mentioning REG FUEL DIESEL OIL consumed and REG GRID SALES FUEL DIESEL. It also references Light Starter Oil under section 3.2.5.

7.0 DEFINITIONS p. p. 65
ce Adjustment (Refund)/Recovery Rate – BA' and the 'Actual Sales' for the current period. Base Cost of Fuel Component – B: is the Base Cost of Fuel per kWh (¢/kWh) included in NS Power's "rates". Business Day: is any day other than a Satur...

AI summary This section defines key terms related to fuel adjustment mechanisms, cost recovery, and rate applications. It outlines components such as the Base Cost of Fuel, Export Sales Costs, and General Rate Applications, providing clarity on how fuel costs and revenues are calculated and managed within the regulatory framework.

V. Actual Adjustment (Refund)/Recovery Yearly Rate per kWh Calculation – 'AA' p. p. 65
V. Actual Adjustment (Refund)/Recovery Yearly Rate per kWh Calculation – 'AA' The 'Actual Adjustment' rate is calculated and presented to the Board for approval on or before November 15 of each year, based on the current year's data, to th...

AI summary The 'Actual Adjustment' (AA) rate is calculated annually and submitted to the Board for approval, based on data from the current year and used for the next calendar year. The process involves calculating over/under recovery amounts, accumulated interest, and the AA rate per kWh, with a second calculation in January for the final AA filing.

2.2 Residential Energy Sales p. p. 65
2.2 Residential Energy Sales Typical home electricity consumption is forecast using an SAE average use model and a sales forecast is generated as the product of the average use and customer forecast. The residential average use SAE model i...

AI summary Residential electricity consumption is forecast using an SAE average use model, which considers cooling, heating, and other uses, along with weather and economic indicators to generate a sales forecast.

2.3 Commercial Energy Sales p. p. 65
2.3 Commercial Energy Sales Separate commercial forecasts will be developed for each commercial rate class. Small General Service uses an average use model similar to the Residential model, while the General Service model uses an SAE appro...

AI summary The document outlines the approach to forecasting commercial energy sales, noting that different rate classes use varying methods, including average use models, SAE approaches, and customer surveys. Large customers without survey data will have flat load assumptions.

2.4 Industrial Energy Sales p. p. 65
2.4 Industrial Energy Sales NS Power produces the small and medium industrial forecasts based on econometric models using provincial economic information and historical load data as inputs. The Large Industrial rate class load forecast rel...

AI summary NS Power uses econometric models and customer surveys to forecast industrial energy sales. For large industrial customers without survey data, load is assumed to remain flat during the forecast period.

4.1.5 De-rated Adjusted Forced Outage Rate (DAFOR) p. p. 65
4.1.5 De-rated Adjusted Forced Outage Rate (DAFOR) The DAFOR will be calculated based on the simple average of actual results for the last three years, adjusted for the unit's point in the maintenance cycle. Adjustments will be fully docum...

AI summary The De-rated Adjusted Forced Outage Rate (DAFOR) is calculated as the average of actual results over the last three years, adjusted for the unit's position in the maintenance cycle. Adjustments are documented and included in assumptions with their magnitude and reasoning.

7.0 Import Power p. p. 65
7.0 Import Power The methodology used to forecast the price of power imports into Nova Scotia from New Brunswick for the 2020-2022 Rate Stability Period assumes that all NB to NS imports are purchased from ISO New England, including transm...

AI summary The methodology for forecasting power imports from New Brunswick to Nova Scotia during the 2020-2022 Rate Stability Period assumes purchases from ISO New England, including transmission and losses. Import prices are based on on-peak and off-peak forward prices from the New England Power Pool, with adjustments made for system constraints and known changes.

Where: p. p. 83
Where: "AA" is a rate class-specific Actual Adjustment which is the difference between fuel-related costs recovered from a rate class through the application of the base rates during the previous calendar year and the actual Fuel Costs inc...

AI summary The text defines 'AA' as a rate class-specific Actual Adjustment, representing the difference between fuel-related costs recovered through base rates and actual fuel costs incurred. It also introduces 'BA' as a Balance Adjustment, accounting for over- or under-collections from prior adjustments.

N-142026-2027 GRA OP 01-15 - Redacted 56 passages
FINANCIAL REVIEW OF 2025 p. p. 1
FINANCIAL REVIEW OF 2025

AI summary The document outlines the financial review for 2025, focusing on regulatory proceedings under Nova Scotia's energy framework. Key areas include cost recovery, rate design, and compliance with regulatory standards, though detailed analysis is not provided in the excerpt.

Highlights of the changes in fuel for generation and purchased power are summarized in the following table: p. p. 1
Highlights of the changes in fuel for generation and purchased power are summarized in the following table: For the Three months ended Six months ended millions of dollars June 30 June 30 Fuel for generation and purchased power –2024 $ 192...

AI summary The text summarizes changes in fuel for generation and purchased power for 2024 and 2025, including factors such as changes in generation mix, sales volumes, carbon tax, and commodity prices. It also references the FAM and FAM Regulatory Deferral.

2026-2027 GRA OP-01 Attachment 3 Page 11 of 31 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 33
2026-2027 GRA OP-01 Attachment 3 Page 11 of 31 REDACTED (CONFIDENTIAL INFORMATION REMOVED) On February 3, 2025, the FPSC issued the final order approving the rate case decision, effective January 1, 2025. For additional details on the rate...

AI summary The FPSC approved a rate case decision in February 2025, which was later challenged but ultimately upheld. A motion for reconsideration was denied, except for minor corrections. Additionally, a petition for recovery of $466 million USD in storm-related costs was approved, subject to a true-up mechanism. Capital investments in the Florida Electric Utility segment are expected to reach $1.7 billion USD in 2025.

Proven Strategy & ESG Alignment p. p. 34
Proven Strategy & ESG Alignment - Climate commitment, including a vision to achieve net-zero CO 2 emission by 2050 - Recognized for excellence in governance, including strong ESG governance

AI summary The document highlights a climate commitment with a vision to achieve net-zero CO2 emissions by 2050 and recognizes excellence in governance, including strong ESG governance.

Our world is changing quickly, and we're ready p. pp. 37-110
Our world is changing quickly, and we're ready Our proven strategy has been driving our growth for nearly two decades. Our strategic focus balances our efforts to deliver cleaner energy with critical reliability investments, without overlo...

AI summary The text highlights the company's strategy of balancing clean energy initiatives with reliability investments and cost management, emphasizing its readiness to address industry trends such as decarbonization, decentralization, and digitalization.

- Equity thickness set at 40% for rate setting purposes – previously 37.5% p. pp. 37-38
- Equity thickness set at 40% for rate setting purposes – previously 37.5% 2023 2024 Non-Fuel Base Rate 1.8% 0.0% DSM 3.6% 0.3% Total Non-Fuel Increase 5.4% 0.3% Fuel Related1 Fuel Rate Increase 1.5% 6.6% Total Increase 6.9% 6.9%

AI summary The equity thickness for rate setting has been increased from 37.5% to 40%. The table shows the non-fuel and fuel-related rate increases for 2023 and 2024, with significant changes in the DSM and fuel rate components.

Driving Progress towards Net Zero p. pp. 56-129
Driving Progress towards Net Zero The team across Emera is working together to meet our Climate Commitment goals and our vision to achieve net-zero CO₂ emissions by 2050. 2050 VISION Net-Zero CO₂ emissions Note: Achieving our climate goals...

AI summary Emera is committed to achieving net-zero CO₂ emissions by 2050 as part of its Climate Commitment goals. This vision is subject to regulatory obligations and external factors beyond the company's control.

Clear Path to our 2025 CO 2 Goal p. pp. 57-129
Clear Path to our 2025 CO 2 Goal Successful execution of Emera's strategy, which includes a focus on decarbonizing our generation fleet through investments in renewables and lower carbon energy sources, will reduce CO 2 emission by 55% by...

AI summary Emera's strategy focuses on decarbonizing its generation fleet through investments in renewables and lower carbon energy sources, aiming to reduce CO2 emissions by 55% by 2025.

Transitioning Away from Coal Generation p. pp. 58-59
Transitioning Away from Coal Generation Nova Scotia Power and Tampa Electric1,2 % OF GWh GENERATION 3 1 Tampa Electric was acquired by Emera in 2016; Emera has transformed its its generation fleet since 2005 and our committed capital proje...

AI summary Nova Scotia Power and Tampa Electric have significantly reduced coal generation, aiming for an 80% reduction by 2025. Renewables are expected to increase to 29% by 2025, with natural gas serving as a transition fuel. Emera has committed to further decarbonizing its portfolio through capital projects.

Proven Decarbonization Strategy at Tampa Electric p. pp. 59-60
Proven Decarbonization Strategy at Tampa Electric Reducing coal generation by Investing in Solar & Natural Gas % OF GWh GENERATION 1

AI summary The document discusses Tampa Electric's strategy to reduce coal generation by investing in solar and natural gas, illustrated through figures showing the percentage of GWh generation.

Proven Decarbonization Strategy at Nova Scotia Power p. pp. 60-61
Proven Decarbonization Strategy at Nova Scotia Power Reducing coal generation by investing in hydro, wind and transmission projects % OF GWh GENERATION1

AI summary Nova Scotia Power is reducing coal generation by investing in hydro, wind, and transmission projects, as illustrated in the provided figures. This strategy is part of a broader decarbonization effort.

Proven Strategy & ESG Alignment p. p. 107
Proven Strategy & ESG Alignment - Climate commitment, including a vision to achieve net-zero CO 2 emission by 2050 - Recognized for excellence in governance, including strong ESG governance

AI summary The document highlights a climate commitment with a vision to achieve net-zero CO2 emissions by 2050 and acknowledges excellence in governance, including strong ESG governance practices.

OUR STRATEGIC PRIORITIES p. pp. 110-198
OUR STRATEGIC PRIORITIES Always leading with Health & Safety Advancing Cleaner Energy towards our Net-Zero Vision Enhancing Reliability Driving Innovation Empowering our Teams & Communities Always Working to Minimize Cost Impacts for Custo...

AI summary The text outlines strategic priorities focusing on health and safety, advancing cleaner energy toward net-zero, enhancing reliability, driving innovation, empowering teams and communities, and minimizing cost impacts for customers.

How we'll get there p. p. 128
How we'll get there We'll seek to achieve these goals and realize our net-zero vision by adopting emerging technologies and working constructively with policymakers, regulators, partners, investors, and our communities. All while staying f...

AI summary The document outlines strategies for achieving net-zero goals through technology adoption and collaboration with stakeholders, while emphasizing reliability and cost impacts for customers. It highlights reductions in CO2 emissions and coal use since 2005 and significant investments in cleaner energy from 2024 to 2026.

Transitioning Away from Coal Generation p. pp. 130-131
Transitioning Away from Coal Generation Nova Scotia Power and Tampa Electric 1,2 % OF GWh GENERATION 3 Emera has transformed its its generation fleet since 2005 and our committed capital projects will further decarbonize our portfolio. - 8...

AI summary Nova Scotia Power, along with Tampa Electric, has significantly reduced coal generation and is transitioning to renewable energy and natural gas. By 2025, coal generation will be reduced by 80%, and renewables will increase to 26%, over five times the 2005 levels. Natural gas will serve as a transition fuel to support intermittent renewable energy.

Proven Decarbonization Strategy at Tampa Electric p. pp. 131-132
Proven Decarbonization Strategy at Tampa Electric Reducing coal generation by Investing in Solar & Natural Gas % OF GWh GENERATION 1

AI summary The document discusses Tampa Electric's strategy to reduce coal generation by investing in solar and natural gas, with visual representations of generation percentages.

Proven Decarbonization Strategy at Nova Scotia Power p. pp. 132-133
Proven Decarbonization Strategy at Nova Scotia Power Reducing coal generation by investing in hydro, wind and transmission projects % OF GWh GENERATION1

AI summary Nova Scotia Power is implementing a decarbonization strategy by reducing coal generation and investing in hydro, wind, and transmission projects. The text includes visual representations of generation data.

Key initiatives p. p. 134
Key initiatives - Established a $5M Emera Diversity, Equity and Inclusion ("DEI") Fund. - $5M USD Endowment to support the Clean Energy Research Center in the University of Southern Florida College of Engineering - Large scale investments...

AI summary The document outlines key initiatives by Emera, including the establishment of a $5M DEI Fund, a $5M USD endowment for a clean energy research center, and significant investments in innovation and entrepreneurship. It also highlights community engagement efforts, such as 31,500 volunteer hours by Emera employees in 2022.

Cash Flow Drivers: p. pp. 165-166
Cash Flow Drivers: - + Fuel and storm deferral recovery of $678M in 2023 at Tampa Electric - + Collected final outstanding balances in New Mexico related to Winter Storm Uri - + Increased cash flow from operations from regulated utilities...

AI summary The cash flow drivers include fuel and storm deferral recovery at Tampa Electric, collection of balances from Winter Storm Uri in New Mexico, and increased cash flow from operations due to new rates and growth. Additional deferrals at NSPI and expected fuel cost relief are mentioned, along with increased financing costs.

Preamble p. pp. 179-180
2 Forecasted USD capital spend translated at $1.30 in 2024-2026 o Request included increased revenue requirements of $297M USD in - Reached an unopposed settlement agreement with all intervenors on its active rate case in March 2024 - o Se...

AI summary The document outlines a settlement agreement reached in March 2024 for an active rate case, including a new base rate increase of $30M effective October 1, 2024, set at a 9.375% return on equity and 52% equity, with a weather normalization mechanism becoming a standard tariff. A final regulatory decision is expected in Q3 2024.

1. Timely recovery of rate base investments and operating costs p. p. 184
1. Timely recovery of rate base investments and operating costs - Minimizing regulatory deferrals effective fuel and storm mechanisms at TEC and NSPI - New rates PGS and anticipated at NMGC in 2024 and rate case filed at TEC for new rates...

AI summary The text discusses the timely recovery of rate base investments and operating costs, mentioning efforts to minimize regulatory deferrals at TEC and NSPI, new rates anticipated at NMGC in 2024, and a rate case filed at TEC for 2025. It also highlights a new fuel rate agreement with the Province of NS to mitigate fuel deferral at NSPI.

New Mexico Gas p. p. 4
New Mexico Gas - Reached an unopposed settlement agreement with all intervenors on its active rate case in March 2024 - o Settlement includes $30M of new base rates, effective October 1, 2024 - o Rates set on a 9.375% ROE and 52% equity, u...

AI summary New Mexico Gas reached an unopposed settlement agreement in March 2024, including new base rates of $30M effective October 1, 2024, with a 9.375% ROE and 52% equity. The weather normalization mechanism is a permanent tariff, and the final regulatory decision is expected in Q3 2024.

Sustainability p. pp. 17-151
Sustainability 47% Reduction in CO2emissions since 2005 1 77% Reduction in generation from coal since 2005 1 1 As at December 31, 2023 2 Based on Emera's 2024-2026 forecasted capital spend

AI summary The document highlights significant reductions in CO2 emissions and coal generation since 2005, with 47% and 77% reductions respectively as of December 31, 2023. It also references Emera's 2024-2026 forecasted capital spend and includes several images related to sustainability efforts.

Clear Path to our 2025 CO 2 Goal p. pp. 20-152
Clear Path to our 2025 CO 2 Goal Successful execution of Emera's strategy, which includes a focus on decarbonizing our generation fleet through investments in renewables and lower carbon energy sources, will reduce CO 2 emission by 55% by...

AI summary Emera's strategy focuses on decarbonizing its generation fleet through investments in renewables and lower carbon energy sources, aiming to reduce CO2 emissions by 55% by 2025.

New Mexico Gas p. p. 48
New Mexico Gas - On July 25, 2024, the New Mexico Gas rate case settlement agreement was unanimously approved by the New Mexico Public Regulation Commission - o Settlement includes $30M of new base rates, effective October 1, 2024 - o Rate...

AI summary The New Mexico Public Regulation Commission unanimously approved a rate case settlement agreement for New Mexico Gas on July 25, 2024. The agreement includes a $30M increase in base rates, effective October 1, 2024, with the rate of return on equity and equity percentage remaining unchanged. The weather normalization mechanism will transition from a pilot program to a standard tariff.

Proven Strategy & ESG Alignment p. p. 53
Proven Strategy & ESG Alignment - Climate goals, including a vision to achieve net-zero CO 2 emission by 2050 - Recognized for excellence in governance, including strong ESG governance

AI summary The section highlights the alignment of a proven strategy with environmental, social, and governance (ESG) goals, including a vision to achieve net-zero CO2 emissions by 2050 and recognition for strong ESG governance practices.

New Mexico Gas 2024 Rate Case Details p. p. 71
New Mexico Gas 2024 Rate Case Details - $30M USD increase in annual base rates effective October 1, 2024 - 9.375% ROE and 52% equity thickness, unchanged from current - Weather normalization mechanism formalized in the tariff, after five y...

AI summary The 2024 Rate Case for New Mexico Gas includes a $30M USD annual base rate increase effective October 1, 2024, with a 9.375% ROE and 52% equity thickness remaining unchanged. A weather normalization mechanism has been formalized in the tariff following a five-year pilot period.

Additional Drivers of Cash Flow and Credit Metric Improvement p. pp. 77-78
Additional Drivers of Cash Flow and Credit Metric Improvement - $117M CAD securitization of NSPI's unrecovered fuel costs, by the NS government in April 2024 discussions on further securitizations continue - 6.9% rate increase at NSPI effe...

AI summary The text outlines additional drivers of cash flow and credit metric improvements, including a $117M CAD securitization of NSPI's unrecovered fuel costs, a 6.9% rate increase at NSPI effective January 1, 2024, and new base rates at various utilities. It also mentions continued strong performance of regulated operations.

Driving Progress Towards Net Zero p. pp. 49-178
Driving Progress Towards Net Zero

AI summary The section titled 'Driving Progress Towards Net Zero' includes a figure, likely illustrating progress or strategies related to achieving net zero emissions, though no detailed discussion is provided in the text.

% OF GWh GENERATION p. pp. 90-154
% OF GWh GENERATION Emera has transformed its its generation fleet since 2005 and our committed capital projects will further decarbonize our portfolio. - 80% reduction in coal generation by 2025 4 - Renewables will increase to 26% in 2025...

AI summary Emera has significantly reduced coal generation and increased renewable energy production since 2005. The company plans to achieve an 80% reduction in coal generation by 2025, with renewables increasing to 26% of total generation, a more than fivefold increase from 2005 levels. Natural gas will be used as a transition fuel to support renewable energy.

Regulatory Arrangements p. p. 100
Regulatory Arrangements Reached an unopposed settlement agreement which included $30M of new base rates, effective October 1, 2024. Rates set on a 9.375% ROE and 52% equity, unchanged from current. Settlement makes weather normalization me...

AI summary An unopposed settlement agreement was reached, setting new base rates of $30M effective October 1, 2024, with a 9.375% ROE and 52% equity. The weather normalization mechanism was incorporated into the normal tariff, and final regulatory approval was granted on July 25, 2024.

New Mexico Gas 2024 Rate Case p. p. 137
New Mexico Gas 2024 Rate Case - $30M USD increase in annual base rates effective October 1, 2024 - 9.375% ROE and 52% equity thickness, unchanged from current - Weather normalization mechanism formalized in the tariff, after five years as...

AI summary The New Mexico Gas 2024 Rate Case involves a $30M USD annual base rate increase effective October 1, 2024, with unchanged return on equity (9.375%) and equity thickness (52%). A weather normalization mechanism is now formalized in the tariff, following a five-year pilot period.

2026-2027 GRA OP-12 Attachment 1 Page 380 of 684 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. pp. 8-10
2026-2027 GRA OP-12 Attachment 1 Page 380 of 684 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Increased renewable energy generation from 11% to 43% over the last 10 years Reduced coal by 60% since 2005 Building three 50 MW grid-scale batter...

AI summary The document highlights significant progress in renewable energy generation in Nova Scotia, increasing from 11% to 43% over the last decade, with a 60% reduction in coal use since 2005. The province is building three 50 MW grid-scale battery storage facilities and has committed to achieving 80% renewable electricity sales by 2030. The Sustainable Development Goals Act is referenced as a key policy framework.

Proven Progress on Decarbonization p. pp. 20-199
Proven Progress on Decarbonization Note: 2025 figures represent targets.

AI summary This section highlights progress on decarbonization, with 2025 figures representing targets. It includes a visual reference to support the discussion on decarbonization efforts.

Section 1809 p. p. 109
1 Capital structures that support the rate base include deferred tax liabilities (DTL), a zero cost-of-capital component of the capital structure in Florida; 2023 capital structures included DTLs of approx. US$1,300 million at Tampa Electr...

AI summary The text discusses capital structures supporting the rate base, including deferred tax liabilities (DTL) at Tampa Electric and Peoples Gas, and excludes fuel and storm cost deferrals. It also mentions the inclusion of net investment in capital leases and the updated USD/CAD exchange rate for 2024.

Equity p. p. 136
Equity ~$400M per year on average through DRIP and ATM programs 1

AI summary The text mentions an average annual equity impact of approximately ~$400M through DRIP and ATM programs, highlighting their financial significance.

11% variable rate debt across the portfolio 1 p. p. 170
11% variable rate debt across the portfolio 1 Actions in 2024 to sell assets and raise equity significantly lowered exposure to variable rate debt Utilities have largely termed out their variable rate exposure and either have, or will have...

AI summary The document discusses the reduction in variable rate debt exposure by utilities through asset sales and equity raising in 2024. It notes that utilities have largely termed out their variable rate exposure and will incorporate interest expenses into rates by 2026. As of March 31, 2025, the exposure is at 11%.

Environmental, Social and Governance (ESG) p. pp. 19-198
Environmental, Social and Governance (ESG) commitments are core to our strategy and shape our culture of doing the right thing for our customers, investors, communities and each other. Our proven strategy has been driving our growth for ne...

AI summary The document emphasizes the importance of ESG commitments in shaping the company's strategy and culture, focusing on delivering cleaner energy, reliability, and managing customer costs while addressing industry trends like decarbonization, decentralization, and digitalization.

Rate Case p. p. 36
Rate Case $281M USD total revenue increase 1 Increase in ROE midpoint to 10.5% from 10.2% and no change to equity thickness 99% of operating expenses and capital expenditures approved No stay out period required

AI summary The rate case involves a $281M USD total revenue increase, an increase in the ROE midpoint to 10.5%, approval of 99% of operating expenses and capital expenditures, and no stay out period required.

Equity p. p. 46
Equity ~$400M per year on average through DRIP and ATM programs 1

AI summary The text mentions an average of ~$400M per year generated through DRIP and ATM programs, highlighting their financial impact.

Net-Zero Roadmap p. pp. 50-51
Net-Zero Roadmap agreements. Tampa Electric projects/opportunities Nova Scotia Power/Tampa Electric common projects/opportunities This roadmap is subject to change and matters beyond our control and is dependent upon decisions of, and/or s...

AI summary The Net-Zero Roadmap outlines forward-looking investments by Nova Scotia Power and Tampa Electric, contingent on regulatory approval and external support. The roadmap is subject to change and highlights the importance of demonstrating prudence and cost-effectiveness to regulators.

Regulatory Arrangements p. p. 57
Regulatory Arrangements PGS filed a general rate application on March 31, 2025, requesting revenue requirements of approximately $104 million and subsequent year adjustment for 2027 of approximately $27 million. Also requested a 11.1% ROE...

AI summary PGS submitted a general rate application requesting revenue requirements of approximately $104 million and a subsequent year adjustment of $27 million, along with a requested increase in ROE from 10.15% to 11.1%. The hearing is set for September 9-12, 2025, with a decision expected in Q4 2025 and new rates to begin on January 1, 2026.

Climate Progress p. pp. 94-95
Climate Progress Building on more than two decades of cost-effective investments, we're proud of our track record with system enhancements and reductions in CO2 emissions that have addressed government requirements along a path to net-zero...

AI summary The text highlights the company's achievements in reducing CO2 emissions and enhancing the system over two decades, contributing to the path toward net-zero by 2050, in line with government requirements.

Achieved: p. p. 95
Achieved: 49% reduction in C02 emissions3 80% reduction in coal used in generation3

AI summary The text highlights significant achievements in reducing CO2 emissions and coal usage in generation, with a 49% reduction in CO2 emissions and an 80% reduction in coal used in generation.

Continuing focus: p. p. 95
Continuing focus: - Newsolar + wind2 - Coal unitretirement (incl. fuel switching/ conversion) - Emerging technology 80% reduction in CO2 emissions and retirement of our last coal unit by end of 2040 Net-Zero CO2 emissions 1 Achieving our v...

AI summary The document outlines a commitment to achieving an 80% reduction in CO2 emissions and retiring the last coal unit by 2040, with net-zero CO2 emissions as a long-term goal. The plan includes reliance on external factors, government support, and emerging technologies. The reductions are measured against 2005 levels and include specific targets for Nova Scotia Power and Tampa Electric.

Update on Progress in 2023 p. pp. 120-121
Update on Progress in 2023 Last year we highlighted Management's planned actions and next steps for 2023. We have executed against this plan and have and have improved and stabilized both the business and financial risk profiles of NSPI: -...

AI summary NSPI has stabilized its business and financial risk profiles in 2023 by receiving UARB approval for the GRA settlement, aligning with the Province on decarbonization mandates, securing government funding for prior period fuel costs, and focusing capital investments on reliability.

REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. pp. 121-122
REDACTED (CONFIDENTIAL INFORMATION REMOVED) 2026-2027 GRA OP-12 Attachment 2 Page 9 of 28 Decarbonization & Capital Program Update

AI summary The document contains a redacted section of an attachment related to a 2026-2027 GRA OP-12, focusing on a Decarbonization & Capital Program Update. Images are included but the content is not visible due to redaction.

Update on Progress in 2024 p. pp. 134-136
Update on Progress in 2024 Last year we highlighted Management's planned actions and next steps for 2024. We have executed against this plan and have improved and stabilized both the business and financial risk profile of Nova Scotia Power...

AI summary Nova Scotia Power has made progress in 2024 by negotiating federal and provincial funding for prior period fuel costs, securing a loan guarantee increase, and receiving approvals for capital investments and a storm rider. They are also working on the 2030 Clean Power Plan and preparing for a General Rate Application expected to take effect in 2026.

Major Decarbonization Projects p. p. 137
Major Decarbonization Projects - Added ~600 MW of wind (~150 MW rate base and ~450 MW through IPPs) - Completed Maritime Link ($1.8 billion) project which is capable of transmitting 500 MW of hydro capacity - Refurbishment of Nova Scotia P...

AI summary The document outlines major decarbonization projects including the addition of wind capacity, completion of the Maritime Link transmission project, refurbishment of hydro facilities, and investments in grid-scale battery storage and transmission to support renewable energy and phase out coal by 2030.

CLIMATE PROGRESS p. p. 144
CLIMATE PROGRESS Building on more than two decades of cost-effective investments, we're proud of our track record with system enhancements and reductions in CO2 emissions that have addressed government requirements along a path to net-zero...

AI summary The text highlights the organization's commitment to climate progress, emphasizing cost-effective investments, system enhancements, and reductions in CO2 emissions as part of a strategy to meet government requirements and achieve net-zero by 2050.

TRACK RECORD 2024 PROGRESS 2025+ MOMENTUM 2040 GOAL 2050 VISION p. pp. 144-147
TRACK RECORD 2024 PROGRESS 2025+ MOMENTUM 2040 GOAL 2050 VISION - Achieved: 49% reduction - in C02 emissions3 80% reduction in coal used in generation3 2025-2029 Capital Plan investments include:4 - Grid reliability & modernization - Renew...

AI summary The document highlights a 49% reduction in CO2 emissions and an 80% reduction in coal usage in generation. The 2025-2029 Capital Plan includes investments in grid reliability, modernization, and renewable integration.

Continuing focus:5 p. p. 147
Continuing focus:5 - New solar + wind2 - Coal unit retirement (incl. fuel switching/ conversion) - Emerging technology 80% reduction in CO2 emissions and retirement of our last coal unit by end of 2040 Net-Zero CO2 emissions - 1 Achieving...

AI summary The document outlines a commitment to achieving an 80% reduction in CO2 emissions and retiring the last coal unit by 2040, as well as a net-zero CO2 emissions vision. These goals are conditional on external factors, regulatory approval, and the development of new technologies. The plan includes a focus on renewable energy, grid modernization, and cost-effective investments.

Governance p. p. 149
Governance Emera is guided by strong governance and effective risk management led by our Board of Directors. In 2024, the Board provided essential guidance and oversight to the strategic plan to strengthen our balance sheet, optimize our p...

AI summary Emera's governance structure is led by its Board of Directors, which provided strategic oversight in 2024, including guiding the company's balance sheet optimization and digital strategy. In 2025, the Board restructured its committees and appointed Karen Sheriff as new Chair following Jackie Sheppard's departure. The company also reported a 49% reduction in CO2 emissions since 2005.

CLIMATE PROGRESS p. p. 189
CLIMATE PROGRESS Building on its strong decarbonization track record, Emera continues its carbon reduction efforts while managing the physical risks of climate change as we invest in a resilient grid for our customers. The Board of Directo...

AI summary Emera is advancing its decarbonization efforts and managing climate-related risks through the SRC, which reports to the Board of Directors. The company is investing in grid modernization, renewable energy integration, and technological innovation to deliver reliable, cleaner energy while complying with government climate policies.

Directors Are Increasing Their Share/DSU Ownership Over Time p. p. 194
Directors Are Increasing Their Share/DSU Ownership Over Time By virtue of the compensation payable in DSUs, more than 58 per cent of the annual retainer for Emera Directors will be paid in DSUs, which mirrors the value of Emera common shar...

AI summary Directors of Emera are increasing their share and DSU ownership over time, with more than 58% of their annual retainer being paid in DSUs, which are valued similarly to Emera common shares. This increase is driven by the compensation structure, with most nominees opting for DSUs instead of cash.

The table below identifies how much of the short-term incentive for 2024 that each NEO elected to allocate to DSUs: p. p. 40
The table below identifies how much of the short-term incentive for 2024 that each NEO elected to allocate to DSUs: Name Percentage of 2024 annual incentive elected to deferred share units (%) Dollar amount of 2024 annual incentive elected...

AI summary The table outlines the allocation of short-term incentives for 2024 by each Named Executive Officer (NEO) to Deferred Share Units (DSUs), including the percentage and dollar amount elected by each individual.

N-152026-2027 GRA OR 01-08 - Redacted 1 passage
5 Submission:
5 Submission: 6 7 Electric revenues are billed on a systematic basis over a one or two-month period. At the 8 end of each calendar month, the Company estimates the energy delivered to customers 9 since the date their meter was last read an...

AI summary The submission discusses how electric revenues are billed systematically over one or two-month periods, with unbilled revenue estimated at the end of each calendar month based on factors like generation, customer usage, weather, and line losses. The estimate may differ from actual results, and a table is referenced showing unbilled revenue receivable on the balance sheet.

N-162026-2027 GRA RB 01-16 - Redacted 1 passage
Preamble
NS Power 2026-2027 General Rate Application CONFIDENTIAL (Attachments Only) RB-01 Requirement: Plant in service continuity schedule (by function) including beginning balance, additions, asset retirements, ending balance, accumulated deprec...

AI summary NS Power's 2026-2027 General Rate Application requires submission of a Plant in Service Continuity Schedule, including details on assets, depreciation, and net plant, as outlined in Partially Confidential Attachment 1.

N-172026-2027 GRA SR-01-SR-04 - Redacted 4 passages
Preamble
REDACTED (CONFIDENTIAL INFORMATION REMOVED) NS Power 2026-2027 General Rate Application CONFIDENTIAL (Attachments Only) SR-01 1 Requirement: 2 3 Cost of Service Study 4 5 Submission: 6 7 The Cost of Service Study and other calculations aff...

AI summary NS Power's 2026-2027 General Rate Application includes a Cost of Service Study methodology, detailing cost allocation between above-the-line (ATL) and below-the-line (BTL) rate classes, with a focus on the Backup/Top-up (BUTU) class transition to embedded-cost methodology. The study uses revenue-to-cost (R/C) ratios to identify inter-class inequities and aligns with the Board's 2022 decision (M09940) on BUTU tariff amendments.

Municipal Tariff
Municipal Tariff Demand Charge (Ratcheted) $/kVA 11.330 12.270 0.940 8.3% Transformer Ownership Credit ¢/kVA -32.000 -32.000 0.000 0.0% Energy Charges Base cost of fuel ¢/kWh 8.943 9.044 0.101 1.1% Non-fuel ¢/kWh 2.614 2.831 0.217 8.3% Sub...

AI summary The document outlines municipal tariff rates for 2026 and 2027, including demand charges, energy costs, and adjustments like Fuel Adjustment Mechanism (FAM) and Demand Side Management (DSM). It details variances in rates, with percentages indicating changes from prior years, and references the 2026-2027 General Rate Application (GRA) attachment.

Unmetered Service Rates: Miscellaneous Lighting & Small Loads
Unmetered Service Rates: Miscellaneous Lighting & Small Loads Demand Charge $/kW 13.843 14.173 0.330 2.4% Energy Charges First 200 kWhs per kW of Max Demand Base cost of fuel ¢/kWh 8.120 7.915 -0.205 -2.5% Non-fuel ¢/kWh 9.652 10.281 0.629...

AI summary The document outlines unmetered service rates for Miscellaneous Lighting & Small Loads, detailing demand charges ($/kW) and energy charges (¢/kWh). It shows changes in base fuel and non-fuel costs, FAM adjustments, DSM PCR/BA, and SCRR, with percentage variations between periods. Fuel costs decreased (-2.5%), while non-fuel costs increased (6.5%).

Unmetered Service Rates: Miscellaneous Lighting & Small Loads
Non-fuel ¢/kWh 4.493 4.663 0.170 3.8% Subtotal 12.143 13.104 0.961 7.9% FAM AA ¢/kWh 0.000 0.000 0.000 0.0% FAM BA ¢/kWh 0.156 0.156 0.000 0.0% Subtotal 0.156 0.156 0.000 0.0% DSM PCR ¢/kWh 0.353 0.353 0.000 0.0% DSM BA ¢/kWh 0.004 0.004 0...

AI summary The document outlines rate components for unmetered service, including non-fuel and fuel-related charges, with percentages showing changes between periods. It also references the filing of attachments to the 2026-2027 GRA SR-01.

N-19Proof of Advertisement – NSPI 1 passage
Preamble p. pp. 0-3
d 2027, with new Base Cost of Fuel (BCF) amounts set for 2026 and 2027. The Demand Side Management Rider is proposed to continue with changes to the way it is calculated. NS Power is also proposing:

AI summary The Nova Scotia Energy Board is proposing updated Base Cost of Fuel (BCF) amounts for 2026 and 2027, along with modifications to the Demand Side Management Rider calculation. NS Power is also proposing additional changes, though details are incomplete in the provided text.

N-20NSPI (Bates White) RIR 1-20 - Redacted 27 passages
2026-2027 General Rate Application (M12451) NSPI Responses to Bates White Information Requests p. pp. 4-185
2026-2027 General Rate Application (M12451) NSPI Responses to Bates White Information Requests 1 Request IR-3: 26 27 (d) Please explain how the Base Cost of Fuel data per kWh charge in OR-01 Att 01, for 28 example worksheet ("2027 Std", co...

AI summary The document addresses a request regarding the relationship between Base Cost of Fuel data and Blended Cost Factor (BCF) allocations in NSPI's 2026-2027 General Rate Application. NSPI explains that the Fuel Adjustment Mechanism (FAM) AA Rider was used in 2025 to collect revenue for the Supplemental FLG until it was incorporated into a future BCF rate. In 2026 and 2027, the Supplemental FLG cost is included in the Maritime Link Assessment costs.

CONFIDENTIAL (Attachment Only) p. pp. 4-219
CONFIDENTIAL (Attachment Only) 1 Request IR-7: 2 3 2026-2027 GRA Direct Evidence, DE-03-DE-04, section 4; SR-02 Attachment 1. 4 5 (a) The load forecast provided for use in the 2026-2027 GRA is dated April 30, 2024. 6 NSPI has since complet...

AI summary The document outlines a series of information requests (IR-7) related to the 2026-2027 Gas Rate Agreement (GRA) by Nova Scotia Power Inc. (NSPI). NSPI responds that the 2026-2027 GRA rates were developed using the best available information, including the April 30, 2024 load forecast, and that discussions with customer representatives began in early 2025.

CONFIDENTIAL (Attachment Only) p. p. 4
CONFIDENTIAL (Attachment Only) 1 isolation can lead to misalignment of the build up of the revenue requirement and confusion 2 in the regulatory process. 3 4 (b) The FAM has a built-in actual adjustment and balancing adjustment for the pur...

AI summary The text discusses the potential misalignment between revenue requirement and the regulatory process due to isolation. It highlights the Fuel Adjustment Mechanism (FAM) designed to align actual fuel costs with customer payments, using the same load forecast for revenue requirement and rates. It also notes the absence of energy or capacity from the RTR market and mentions EV peak and energy contributions since 2020.

2025 Load Forecast Report Redacted p. pp. 4-38
2025 Load Forecast Report Redacted 31 7.3 Other Industrial Rate Classes 69 32 7.4 Municipal 71 33 8.0 SYSTEM LOSSES AND UNBILLED SALES 73 34 9.0 NET SYSTEM REQUIREMENT 74 35 10.0 PEAK DEMAND 76 36 10.1 Analysis of 2024 Actual Peak 83 37 10...

AI summary The document outlines the structure of the 2025 Load Forecast Report, including sections on system losses, net system requirements, peak demand analysis, solar impact, and sensitivity analysis. It also references the Evergreen IRP Comparison and includes various rate classes and municipal data.

11 Figure 1: Historical and Predicted Annual Net System Requirement p. p. 22
11 Figure 1: Historical and Predicted Annual Net System Requirement 12 13 10 14 In addition to annual energy requirements, NS Power forecasts system peak demand. Customer 15 growth, electrification of heating and increased EV sales will in...

AI summary NS Power forecasts annual energy requirements and system peak demand, noting that customer growth and electrification will increase peak demand, while demand-side management (DSM) and demand response (DR) activities will reduce it. The peak forecast is similar to 2024 despite the delayed start of RTR.

1 2.0 INTRODUCTION p. pp. 24-25
1 2.0 INTRODUCTION 2 - 3 NS Power develops an annual forecast of energy sales and peak demand requirements which assess - 4 the effects of end-use and economic factors on the future power system load and load shape. The - 5 forecast is a f...

AI summary The document discusses the 2024 Load Forecast Report by NS Power, which was reviewed by the NSUARB through a paper hearing process. Intervenors including the Consumer Advocate and EfficiencyOne provided input, and the Board encouraged NS Power to refine its forecast, particularly the residential model, in light of population growth and housing policies.

1 4.4.4 Solar Generation (PV) p. pp. 55-56
1 4.4.4 Solar Generation (PV) 2 3 Solar generation consists of two main types – distributed small-scale solar (mainly rooftop) that 4 falls under NS Power's net metering program, and small- to large-scale generation that is fed directly on...

AI summary The document discusses solar generation in Nova Scotia, highlighting the two main types: distributed small-scale solar under NS Power's net metering program and larger-scale solar fed directly to the grid. It provides data on current installations, capacity, and generation, and forecasts growth due to incentives like Property Assessed Clean Energy Programs and Canada Greener Homes financing.

1 4.5 Price Data p. pp. 64-65
1 4.5 Price Data 2 3 Price data is an input to the SAE forecasts for the residential, small general and general services 4 classes, and the price series is calculated from historical billed sales and billed revenues. Revenue 5 per kWh is f...

AI summary Price data is used in SAE forecasts for residential and commercial electricity classes, with the price series derived from historical billed sales and revenues. The nominal price of electricity is projected to increase by 3.8% in 2025 and 5% annually from 2026 to 2029, with higher increases thereafter. Price elasticity is factored into sales forecasts.

17 Figure 39: TVP Price Elasticity Estimates p. p. 66
17 Figure 39: TVP Price Elasticity Estimates Price Elasticity Metric TOU CPP Daily Price Elasticity -1.607 +/- 0.317 -0.017 +/- 0.173 Inter-Period Substitution Price Elasticity -0.105+/- 0.005 -0.029 +/- 0.001 18

AI summary Figure 39 presents TVP price elasticity estimates for TOU and CPP, showing significant daily price elasticity for TOU (-1.607) compared to CPP (-0.017), with respective standard errors. The inter-period substitution price elasticity is also reported for both metrics.

Preamble p. pp. 66-97
19 The elasticity values have changed significantly from the prior report, and although the Daily Price 20 Elasticity for the TOU rate is significantly higher than that used in the load forecast, the Inter 21 Period Substitution values are...

AI summary The text discusses changes in elasticity values from a prior report, noting that while the Daily Price Elasticity for the TOU rate has increased, the Inter Period Substitution values remain similar. The impact of price elasticity on sales is considered moderate compared to other factors like DSM and EVs. A reference is made to a load forecast report and an evaluation of a time-varying pricing pilot program.

2025 Load Forecast Report Redacted p. p. 67
2025 Load Forecast Report Redacted 1 provided they have similar characteristics (historical trend, potentially included in other inputs, 2 and some information about future impact). 3 4 In the Residential model, adding the historic DSM imp...

AI summary The 2025 Load Forecast Report discusses the inclusion of historical demand-side management (DSM) data in residential and commercial/industrial load forecasting models. Including DSM improves model accuracy, with coefficients indicating the proportion of DSM savings already captured by other variables.

1 5.0 RESIDENTIAL SECTOR p. pp. 70-71
1 5.0 RESIDENTIAL SECTOR 2 - 3 The Residential sales forecast is generated as the product of a residential average use forecast and - 4 a customer count forecast. The residential average use model is specified using a SAE model - 5 structu...

AI summary The residential sales forecast is based on average use and customer count forecasts, with the average use modeled using a SAE structure. Growth in residential sales between 2023 and 2024 was driven by work-from-home activity, new customers, and increased heat pump usage. Projections for EVs and residential solar are also included in the load forecast.

2025 Load Forecast Report Redacted p. p. 71
2025 Load Forecast Report Redacted 1 Weather adjusted sales in 2024 were very close to forecast, though the warm weather reduced sales 2 in the class by 104 GWh. 2026 and 2027 are expected to decline as a result of load migrating to 3 the...

AI summary The 2025 Load Forecast Report indicates that weather-adjusted sales in 2024 were close to forecast, with warm weather reducing sales by 104 GWh. Load is expected to decline through 2033 due to migration to the RTR market and increased behind-the-meter solar adoption, though EV load may increase sales after 2033. DSM and efficiency improvements will decrease sales, while new customers and electric heating will increase them.

13 6.3 Large General Service p. p. 80
13 6.3 Large General Service 14 15 The Large General class forecast is similar to the 2024 forecast. The forecast uses a combination 16 of customer survey and historical sales information. Customers are surveyed annually to 17 determine th...

AI summary The Large General Service class forecast is based on customer surveys and historical sales data, with NS Power maintaining regular contact with key customers in this class.

12 7.1 Small Industrial p. p. 82
12 7.1 Small Industrial 13 14 Figure 53 depicts historical and projected sales for the Small Industrial class. Sales in this class 15 have been flat for the last 10 years and are expected to grow at 0.1 percent annually over the 16 forecas...

AI summary The Small Industrial class has experienced flat sales over the past 10 years, with a projected annual growth rate of 0.1 percent, influenced by economic growth and a shift of load to RTR, amounting to 10 GWh.

1 7.2 Medium Industrial p. pp. 82-83
1 7.2 Medium Industrial 2 3 Figure 54 depicts historical and projected sales for the Medium Industrial class. Load in this class 4 has been flat since 2014. There was an increase in sales between 2019 and 2022 due to several 5 new faciliti...

AI summary Historical and projected sales for the Medium Industrial class show flat load since 2014, with a temporary increase between 2019 and 2022 due to new facilities. Sales are expected to decline starting in 2026 as load shifts to the RTR market.

12 7.3 Other Industrial Rate Classes p. p. 83
12 7.3 Other Industrial Rate Classes 13 14 Other Industrial rate classes include Large Industrial, Large Industrial Interruptible, Generation 15 Replacement and Load Following, One-Part Real Time Pricing, Shore Power, and the Extra Large 1...

AI summary The document outlines various industrial rate classes, including Large Industrial and Extra Large Industrial Active Demand Control, and discusses how load forecasting is conducted using customer surveys and historical sales data for these rate classes.

1 10.0 PEAK DEMAND p. pp. 89-90
1 10.0 PEAK DEMAND 2 3 The total system peak is defined as the highest single hourly average demand experienced in a - 4 year. It includes both firm and interruptible loads. Due to the weather-sensitive load component - 5 in Nova Scotia, t...

AI summary The document outlines the methodology used by NS Power for forecasting peak demand, including the use of end-use data and the impact of factors like EV charging and demand response (DR) programs. It also notes the shift in DR capacity estimates from 2025 to 2028 and the ongoing use of an effective load carrying capacity (ELCC) of 48%.

2025 Load Forecast Report Redacted p. pp. 90-91
2025 Load Forecast Report Redacted 1 measured results from NS Power's (CPP and TVP) and E1's current demand response programs." 31 2 3 4 Annual DR totals by program are provided in Figure 60 . 5

AI summary The document mentions measured results from NS Power's demand response programs, including CPP and TVP, and references annual DR totals by program in Figure 60.

5 Figure 61: Peak Regression Coefficients p. p. 93
5 Figure 61: Peak Regression Coefficients Coefficient Value Description Weekdays 30.5 Peaks that occur on weekdays will be 30.5MW higher than those on weekends, all else being equal. Wind 2.7 Average daily windspeed will add 2.7MW for ever...

AI summary Figure 61 presents peak regression coefficients that indicate how various factors influence electricity demand peaks. Weekday peaks are 30.5MW higher than weekend peaks, wind speed adds 2.7MW per km/hr, and a 1-degree Celsius drop in temperature over a 12-hour lag increases the peak by 28MW.

1 Figure 63: Historical and Forecast Firm Peak (including DR) p. pp. 94-95
1 Figure 63: Historical and Forecast Firm Peak (including DR) 2 3 4 Forecast peak values, firm peak and interruptible peak information can be found in Appendix A . 5 6 Normalizing the firm peak for temperature, wind and weekday/weekend (an...

AI summary The document discusses historical and forecast firm peak data, including demand response (DR), and notes that normalizing for temperature, wind, and weekday/weekend factors improves the alignment between historical trends and forecasts. Appendix A contains detailed peak information.

1 Figure 64: Weather-Normalized Firm Peak (including DR) p. pp. 95-96
1 Figure 64: Weather-Normalized Firm Peak (including DR) 4 Figure 65 below shows the breakdown of the peak forecast by the various components.

AI summary The text references two figures, Figure 64 and Figure 65, which illustrate weather-normalized firm peak demand, including demand response, and the breakdown of peak forecast by components, respectively.

12 10.4 Current Class Coincident Peak Demand Research p. p. 101
12 10.4 Current Class Coincident Peak Demand Research 13 14 NS Power has been exploring ways of using interval data to understand peak at the class level from 15 a bottom-up perspective, as discussed in prior Load Forecast reports. NS Powe...

AI summary NS Power is using interval data to analyze peak demand at the class level, building on prior Load Forecast reports. System peak is forecasted at the aggregate level and then disaggregated into rate class contributions using historical load factors and other data. The 2024 forecast used AMI interval data, with a more complete dataset than in 2023.

1 Figure 73: Example of time-varying EV effect detection in AMI data p. pp. 103-105
1 Figure 73: Example of time-varying EV effect detection in AMI data 2 DATE: June 27, 2025 Page 91 of 94

AI summary The document presents Figure 73, which illustrates an example of time-varying EV effect detection in Advanced Metering Infrastructure (AMI) data. The figure is referenced on page 91 of a document dated June 27, 2025.

General Service p. p. 124
General Service The General Service rate class model is estimated on a total monthly sales basis where total monthly billed sales is a function of total monthly heating requirements ( XHeat ), cooling requirements ( XCool ), and other use...

AI summary The General Service rate class model estimates monthly sales based on heating, cooling, and other use variables, incorporating factors like GDP, employment, price elasticity, and seasonal adjustments. The model includes binary variables for specific months and events such as the pandemic and Hurricane Fiona, and uses an ARMA process for forecasting.

Ongoing Work p. pp. 180-182
Ongoing Work - Integration of AMI data - Evaluation of the impact of electrification/emissions targets (hybrid heating project to start in 2025) - Evaluation of the impact of new technologies as pilots progress (time variable pricing, dire...

AI summary The document outlines ongoing work including the integration of AMI data, evaluation of electrification and emissions targets, and the impact of new technologies. It also references the 2026-2027 General Rate Application (M12451) and NSPI's responses to information requests.

NSPI Amendments to the Plan of Administration (NSUARB M11127) NSPI Responses to CA Information Requests p. p. 219
NSPI Amendments to the Plan of Administration (NSUARB M11127) NSPI Responses to CA Information Requests 1 Request IR-1: 2 3 Reference: Application, pp. 1-3. 4 5 Please provide the current and proposed future treatment of the four types of...

AI summary NSPI responds to information requests regarding the treatment of various costs in dispatch, operational planning, and long-term planning. Ash haulage costs are included in variable fuel costs, while wind farm maintenance and Tufts Cove wharf maintenance costs are treated as fixed costs. The response highlights the inclusion and exclusion of specific costs in planning models.

N-21NSPI (CA) RIR 1-3 - Redacted 2 passages
REDACTED p. p. 2
REDACTED 1 Request IR-1: 2 3 References: NS Power 2026-2027 General Rate Application Page 79 of 99; 4 5 Confidential references: 2026-2027 GRA SR-01 Att 02 Exhibit 6; 2026-2027 GRA SR-01 Att 6 03 Exhibit 6 PHP Annual Credit Amount Calculat...

AI summary The document outlines a request (IR-1) regarding the calculation of the PHP interruptible credit in NS Power's 2026-2027 General Rate Application. The request questions why the credit is based on PHP system coincident demand of 65,000 kW instead of the PHP Interruptible system coincident demand of 57,000 kW, highlighting a discrepancy in methodology compared to the LIIR calculation.

REDACTED p. p. 2
REDACTED 1 (b) Please provide revised cost-of-service models (2026-2027 GRA SR-01 Att 02 and 2 2026-2027 GRA SR-01 Att 03) and other related attachments using the PHP 3 Interruptible system coincident demand of 57,000 kW to calculate the P...

AI summary The document requests revised cost-of-service models and updated proposed rates for 2026 and 2027, along with explanations for Power Factor Adjustments. The response outlines the calculation method for PHP interruptible credit using power factors of 1.06 and 1.02 for 2026 and 2027, respectively, and multiplies annual kVA demand by proposed Large Industrial Credits.

N-22NSPI (Cleary) RIR 1-11 - Redacted 24 passages
Business Risk: Excellent p. p. 6
Business Risk: Excellent We assess NSPI's business risk profile as excellent, reflecting our assessment of the regulated accounting for company's operations being in low-risk country such as Canada, are rate-regulated. NSPI's business risk...

AI summary NSPI's business risk is assessed as excellent due to its regulated operations in Canada, transparent UARB regulatory framework, and stable customer base. The UARB's fuel adjustment mechanism allows cost recovery, and NSPI's regulated model ensures timely rate determinations and recovery of prudently incurred costs.

Business Risk: Excellent p. p. 14
Business Risk: Excellent Our assessment of NSPI's business risk reflects the utility's lower-risk, rate-regulated, and vertically integrated electric utility business as well as its management of regulatory risk, which we view as consisten...

AI summary NSPI's business risk is assessed as excellent due to its rate-regulated, vertically integrated model and effective management of regulatory risk. The regulatory process is credit supportive, with tariff frameworks based on a forward test-year methodology and commodity costs passed through to customers via the fuel adjustment mechanism. However, the moderate customer base and lack of regulatory or geographical diversity are offsetting factors.

Section 244 p. p. 63
On December 22, 2017, DBRS Limited (DBRS) confirmed the Issuer Rating of Nova Scotia Power Inc. (NSPI or the Company) at A (low) and the ratings on NSPI's Unsecured Debentures & Medium-Term Notes and Commercial Paper at A (low) and R-1 (lo...

AI summary DBRS confirmed Nova Scotia Power Inc.'s credit ratings at A (low) with stable trends, citing a stable regulatory environment and strong franchise strength. While renewable energy costs may lead to higher rate increases post-2019, DBRS expects the 2020 rate increase to be manageable.

Section 245 p. p. 63
n average rate increase higher than the projected rate increase during the rate stability period (1.0% to 1.5% yearly through 2017 to 2019), DBRS expects NSPI's rate increase in 2020 to be manageable. NSPI continues to operate under a reas...

AI summary DBRS expects NSPI's 2020 rate increase to be manageable despite being higher than the projected rate stability period increase. NSPI operates under a reasonable regulatory system with a return on equity band of 8.75% to 9.25%. The company has maintained profitability within this range and received regulatory approval for an interim assessment payment related to the Maritime Link Project.

2. Regulatory lag p. p. 63
2. Regulatory lag NSPI faces some regulatory risk (albeit lower than when the FAM was not in place) with respect to the timeliness of full cost recovery. Although FAM allows the Company to recover fluctuating fuel expenses from its custome...

AI summary NSPI faces regulatory risk related to the timeliness of full cost recovery, despite the FAM allowing recovery of fluctuating fuel costs. Rate adjustments are annual and require NSUARB approval. Differences in fuel costs from 2017 to 2019 will be reconciled post-2019. DBRS anticipates reduced fuel price impact once the Maritime Link Project is operational.

Summary p. p. 63
Summary - NSPI's earnings remained stable. The Company operates under a COS model wherein NSPI is allowed to recover all prudently incurred costs from providing electricity and earnings are primarily impacted by the range of ROE and capita...

AI summary NSPI's earnings remained stable under a COS model, with earnings influenced by ROE and capital structure approved by the NSUARB. Lower operating expenses and fuel costs contributed to moderately higher earnings in 9M 2017 compared to 9M 2016. NSPI recovers actual fuel costs via the FAM. The NSUARB's ROE calculations use specific regulatory methods, and earnings above the ROE band are directed to the FAM as per the Electricity Plan Act.

Regulation (CONTINUED) p. pp. 63-86
Regulation (CONTINUED) - On December 18, 2015, the Province enacted the Electricity Plan Act with the primary purpose to stabilize energy rates until the end of 2019. In accordance with the Electricity Plan Act, NSPI was required to file a...

AI summary In December 2015, the Province enacted the Electricity Plan Act to stabilize energy rates until 2019. NSPI filed a three-year fuel cost stability plan but not a General Rate Application for non-fuel costs. The NSUARB approved a 1.5% annual rate increase for 2017 through 2019. DBRS expects NSPI's 2020 rate increase to be manageable, and the FAM helps recover fluctuating fuel costs.

Regulatory Environment Assessment p. p. 63
Regulatory Environment Assessment Criteria 1. Deemed Equity Ratio Score Excellent Good Satisfactory Below Average Poor Analysis NSPI's target regulated ROE is based on an actual five-quarter average regulated common equity component of up...

AI summary The document evaluates NSPI's regulatory environment, noting its target regulated ROE based on a 37.5% common equity ratio. Capital costs over $250,000 are pre-approved by the regulator, with AFUDC recovery during construction. NSPI operates under a COS model, allowing recovery of operating expenses and return on approved capital investments.

Section 292 p. p. 74
On December 21, 2018, DBRS Limited (DBRS) confirmed the ratings of Nova Scotia Power Inc. (NSPI or the Company) as listed above. All trends are Stable. The ratings reflect the stable operations of the Company's regulated utilities in Nova...

AI summary DBRS Limited confirmed the credit ratings of Nova Scotia Power Inc. (NSPI) as stable, noting that NSPI's key credit metrics and operations remain robust. The rating outlook considers post-2019 rate increases due to renewable energy costs, but expects 2020 rate increases to be manageable. NSPI operates under a reasonable regulatory framework allowing a return on equity of 8.75% to 9.25% and is preparing for Nova Scotia's carbon cap-and-trade program.

1. Low-risk regulated electricity business p. p. 74
1. Low-risk regulated electricity business The current regulatory framework is based on a cost-of-service (COS) methodology, in which the Company is allowed to recover all prudently estimated operating expenses and to earn a reasonable ret...

AI summary The current regulatory framework for NSPI uses a cost-of-service methodology, allowing recovery of operating expenses and a reasonable return on capital investments. NSPI's target ROE range is considered reasonable. A fuel adjustment mechanism is in place to manage fuel price fluctuations, with differences deferred and collected or refunded to customers.

2. Regulatory lag p. pp. 74-86
2. Regulatory lag NSPI faces some regulatory risk (albeit lower than when the FAM was not in place) with respect to the timeliness of full cost recovery. Although FAM allows the Company to recover fluctuating fuel expenses from its custome...

AI summary NSPI faces regulatory risk related to the timeliness of full cost recovery due to annual rate adjustments requiring NSUARB approval. Differences in fuel costs between 2017 and 2019 will be reconciled post-2019. DBRS anticipates reduced fuel price impact once the Maritime Link Project is operational, increasing renewable energy supply.

Regulation p. pp. 86-143
Regulation - NSPI operates under the NSUARB's reasonable regulatory environment using a COS methodology that allows the Company to recover all prudently estimated operating expenses and earn a reasonable return on approved capital investme...

AI summary NSPI operates under the NSUARB's reasonable regulatory environment, targeting a return on equity between 8.75% and 9.25%. It filed a new three-year fuel stability plan in 2019, with a 1.9% annual rate increase requested for 2020–2022. NSPI also files an annual capex plan with the NSUARB and is not subject to annual rate reviews.

2. Regulatory lag p. p. 86
2. Regulatory lag NSPI faces some regulatory risk with respect to the timeliness of full cost recovery, although this risk is lower now than when the FAM was not in place. Although the FAM allows the Company to recover fluctuating fuel exp...

AI summary NSPI faces regulatory risk related to timely cost recovery, but this risk has decreased since the FAM was implemented. The FAM allows for annual rate adjustments, subject to NSUARB approval. The 2020–22 FSP outlines that any fuel cost differences will be recovered or returned after 2022. DBRS Morningstar anticipates reduced fuel price volatility with the start of energy delivery from the Muskrat Falls project.

Assessment of Regulatory Framework p. p. 86
Assessment of Regulatory Framework Criteria Score Analysis 1. Deemed Equity Excellent Good Satisfactory Below Average Poor NSPI's target regulated ROE is based on an actual five quarter average-regulated common equity component of up to 40...

AI summary The document assesses the regulatory framework, focusing on NSPI's deemed equity and allowed return on equity (ROE). NSPI's target ROE range is between 8.75% and 9.25%, with actual ROE historically falling on the higher end. The common equity ratio used for rate-setting purposes is 37.5%.

Page 9 of 14 p. p. 111
Page 9 of 14 Assessment of Regulatory Framework 3. Energy Cost Recovery Excellent Good Satisfactory Below Average Poor Fuel costs are passed through to the customers through the FAM, and rates change annually to account for variances betwe...

AI summary The document discusses the regulatory framework for energy cost recovery, capital and operating cost recovery, the COS versus incentive rate mechanism, and political interference. Fuel costs are recovered through the FAM, with variances deferred to a FAM regulatory asset or liability. Capital costs are recovered through rates after regulatory approval, and NSPI operates under a COS model. The Electricity Reform Act and Electricity Plan Act have had a modest impact on NSPI.

Preamble p. p. 125
- DBRS Morningstar notes, the Province has indicated the GHG costs accrued will be forgiven. - In September 2017, the NSUARB approved an interim assessment payment to NSP Maritime Link Incorporated of the costs associated with the Maritime...

AI summary DBRS Morningstar mentions that the Province will forgive GHG costs. The NSUARB approved interim payments for the Maritime Link Project, with NSPI withholding a portion of the payments until 90% of contracted power is received.

Good Satisfactory Below Average Poor p. p. 125
Good Satisfactory Below Average Poor Criteria Score Analysis 1. Deemed Equity Excellent Good Satisfactory Below Average Poor NSPI's target-regulated ROE is based on an actual five-quarter average-regulated common equity component of up to...

AI summary The document evaluates NSPI's regulatory framework, focusing on deemed equity, allowed ROE, energy cost recovery, capital and operating cost recovery, COS versus incentive rate mechanism, political interference, and stranded cost recovery. Key points include ROE caps under Bill 212, fuel cost recovery through FAM and FSP, and regulatory impacts from political interference.

ESG Factor ESG Credit Consideration Applicable to the Credit Analysis: Y/N p. p. 125
1 Adjusted for operating leases. ESG Factor ESG Credit Consideration Applicable to the Credit Analysis: Y/N Extent of the Effect on the ESG Factor on the Credit Analysis: Relevant (R) or Significant (S) Environmental Overall: Y R Emissions...

AI summary The text discusses ESG credit considerations for a utility issuer, focusing on environmental factors such as carbon and GHG costs and regulatory pressures. The analysis indicates that while emissions and waste are not considered significant risks, carbon-related regulatory pressures are relevant to the credit analysis. Other factors like resource scarcity, land impact, and climate risks are not deemed significant.

Section 553 p. p. 143
On December 20, 2023, DBRS Limited (Morningstar DBRS) confirmed the Issuer Rating and Unsecured Debentures & Medium-Term Notes rating of Nova Scotia Power Inc. (NSPI or the Company) at BBB (high), and its Commercial Paper (CP) rating at R-...

AI summary DBRS Limited confirmed Nova Scotia Power Inc.'s credit ratings at BBB (high) and R-2 (high), noting stable trends despite weakened credit metrics due to provincial intervention in the GRA process. The NSUARB approved rate increases for nonfuel, fuel, and DSM costs as part of the 2022 to 2024 GRA settlement.

3. Regulatory lag p. p. 143
3. Regulatory lag NSPI faces some regulatory risk with respect to the timeliness of full cost recovery, although this risk is lower now than when the FAM was not in place. Although the FAM allows the Company to recover fluctuating fuel exp...

AI summary NSPI faces regulatory risk related to the timeliness of full cost recovery, but this risk has decreased since the Fuel Adjustment Mechanism (FAM) was implemented. The FAM allows NSPI to recover fluctuating fuel costs annually, pending NSUARB approval. The impact of fluctuating fuel prices is expected to decrease with the contribution of renewable energy from the Muskrat Falls Hydroelectric Project.

Section 582 p. p. 143
regulations. The renewed Equivalency Agreement came into force on January 1, 2020, and will expire on December 31, 2024; however, it may be renewed until December 31, 2029. - As a result of the COVID-19 pandemic, there was a delay to the i...

AI summary The renewed Canada-Nova Scotia Equivalency Agreement is set to expire in 2024 but may be extended until 2029. Due to delays from the Muskrat Falls Project, NSPI could not meet its 2020 renewable energy target, leading to a three-year compliance plan. In 2023, a $10 million penalty was imposed on NSPI for noncompliance with the RER in 2022, which the company is appealing. The Province's 2030 Clean Power Plan includes new renewable and transmission projects, which may require significant government funding.

Environmental, Social, and Governance Checklist p. p. 159
Environmental, Social, and Governance Checklist ESG Factor ESG Credit Consideration Applicable to the Credit Analysis: Y/N Extent of the Effect on the ESG Factor on the Credit Analysis: Relevant (R) or Significant (S) Environmental Overall...

AI summary The ESG checklist evaluates environmental factors relevant to credit analysis, including carbon and GHG costs, resource management, and climate risks. While some factors are deemed relevant, most are not considered significant in the credit analysis.

Appendix 2—Regulation p. p. 159
Appendix 2—Regulation - NSPI operates under the NSUARB's regulatory environment using a COS methodology that allows the Company to recover all prudently estimated operating expenses and earn a reasonable return on approved capital investme...

AI summary NSPI operates under the NSUARB's regulatory framework with a target ROE range of 8.75% to 9.25%. In 2022, the Province amended the Public Utilities Act to cap base-rate increases and ROE. NSUARB approved a negotiated settlement for the GRA in 2023, including rate increases and a Storm Rider. NSPI also manages the FAM and submitted a 2024 ACE plan for approval.

2026-2027 General Rate Application (M12451) NSPI Responses to CLEARY Information Requests p. p. 171
2026-2027 General Rate Application (M12451) NSPI Responses to CLEARY Information Requests 1 Monetary Policy Report (MPR), Figure 8 provides yield data for 30-year versus 10-year 2 Government of Canada bonds up to March of 2025, as does Fig...

AI summary The document discusses the timing and methodology of return-on-equity (ROE) analyses conducted for NSPI's 2026-2027 General Rate Application and NSPML's 2026 Assessment Application, including references to the Bank of Canada's Monetary Policy Report and the use of the Capital Asset Pricing Model (CAPM) in estimating ROE.

N-23NSPI (Doane Grant Thornton) RIR 1-93 - Redacted 3 passages
NON-CONFIDENTIAL p. p. 43
NON-CONFIDENTIAL 1 Request IR-68: 2 3 Reference: N-11 C ii. 4 - 5 With regards to the regulatory amortizations outlined in Exhibit N-11( C )-(ii) (2026-2027 - 6 GRA DA-03 Att 1 Excel Confidential) which includes Non-standard meters, SmartG...

AI summary The document requests background calculations for various regulatory amortizations outlined in Exhibit N-11(C)-(ii), including items such as Non-standard meters, SmartGrid NS, Annapolis Tidal Retired Assets, and others. A response refers to tables containing the relevant information.

NON-CONFIDENTIAL p. p. 43
NON-CONFIDENTIAL 2026 Forecast ($ million) Cumulative Additions to Regulatory Asset Balance (a) Amortization Period in Years (b) 2026 Annual Expense (a/b) Non-standard Meters 11.8 5 2.4 SmartGrid NS 1.7 5 0.3 Hurricane Fiona 33.9 10 3.4 GR...

AI summary The document presents forecasts for 2026 and 2027, detailing cumulative additions to the regulatory asset balance, amortization periods, and annual expenses for various items including non-standard meters, SmartGrid NS, Hurricane Fiona, GRA deferral, and Roseway decommissioning.

2026-2027 General Rate Application (M12451) NSPI Responses to GT Information Requests p. p. 43
2026-2027 General Rate Application (M12451) NSPI Responses to GT Information Requests 1 Request IR-85: 11 The increase in forecast materials & supplies from 2025 Forecast to 2026 GRA Forecast is 12 primarily due to forecast inflationary in...

AI summary The document outlines NSPI's responses to various information requests related to the 2026-2027 General Rate Application. Key points include explanations for increases in forecast materials and supplies due to inflation, provision of cost schedules from a lead-lag study, and references to NSEB IR-98 (b) for details on changes in working capital allowance methodology.

N-24NSPI (ECC) RIR 1-41 3 passages
ORIGINAL LIFE TABLE, CONT. p. p. 180
ORIGINAL LIFE TABLE, CONT. AVG AGE RET 29.0 002 EXPERIENCE ANALYSIS PLACEMENT BAND 1929-2023 EXPERIENCE BAND 1990-2023 AGE AT EXPOSURES AT RETIREMENTS PCT SURV BEGIN OF BEGINNING OF DURING AGE RETMT SURV BEGIN OF INTERVAL AGE INTERVAL INTE...

AI summary The document presents a life table with average age at retirement, exposure data, and retirement rates across various age intervals from 1929 to 2023. This data is used for experience analysis and includes survival percentages and retirement ratios for each interval.

Notes: p. pp. 180-181
Notes: • • Team that is determining what the investment strategy should be for assets and trying to find the most efficient ways to invest their money - Plan to get to clean energy by 2030. Eliminate coal fired generation. Path to 2030. -...

AI summary The text discusses Nova Scotia Power's investment strategy for assets, including plans to transition to clean energy by 2030, eliminate coal-fired generation, and improve sensor and telecommunications technologies for remote monitoring. It also mentions ISO Nova Scotia's shift towards renewables and the installation of a community solar garden in Amherst. Grid-scale batteries are highlighted as part of the energy infrastructure.

Item 3b: Thermal Plant Depreciation Study p. p. 20
Item 3b: Thermal Plant Depreciation Study As per the General Rate Application Settlement Plan[4](#page-20-6) Nova Scotia Utility and Review Board (NSUARB) decision, NS Power will conduct a depreciation study and file prior to the next Gene...

AI summary NS Power is required to conduct a depreciation study for thermal plants and file it prior to the next General Rate Application, as per the General Rate Application Settlement Plan and the NSUARB decision.

N-25NSPI (IG) RIR 1 1 passage
NON-CONFIDENTIAL p. p. 0
NON-CONFIDENTIAL 2 3 Reference: Exhibit N-3, Direct Evidence, pages 95-96. 4 5 (a) Please provide a detailed breakdown for the cost allocation methodology (with tab 6 and line reference to the study) and any changes made to the rate design...

AI summary The response addresses an error in the Distribution Cost Adder (DCA) calculations for Large Industrial customers in 2026 and 2027, explaining a 27% increase in the DCA for 2026 and an 8% increase for 2027 due to a 30.4% rise in demand-related distribution costs.

N-27NSPI (NSEB) RIR 1-152 - Redacted (settlement agreement attached at IR-1) 39 passages
GRA Element Settlement Terms p. p. 17
Appendix "A" GRA Element Settlement Terms Cost of Service ("COS") a) The COS as set out in the Draft GRA will be included in the 2026-2027 GRA and put forward for approval, subject to the following: (a) use of the Minimum System methodolog...

AI summary The document outlines settlement terms related to the Cost of Service (COS) and MEU Treatment in the 2026-2027 GRA. It specifies that the COS will be included in the GRA subject to future proceedings, and MEUs will be included in calculating the Municipal Tariff rates.

APPLICABILITY p. p. 17
APPLICABILITY This schedule applies to all electric rate classes with the exception of the Wholesale Market Non-Dispatchable Supplier Spill Tariff, the Load Retention Tariff, and the Extra Large Industrial Active Demand Control Tariff. For...

AI summary This schedule applies to most electric rate classes, excluding specific tariffs. For customers in Wholesale or Renewable to Retail markets, costs related to electricity efficiency and conservation activities are directly billed on their energy bills, as if served by NS Power under its bundled service offerings.

The Approved DSM Term refers to the full DSM Plan period in effect (e.g. 2023-2026, 2027-2031). p. p. 18
The Approved DSM Term refers to the full DSM Plan period in effect (e.g. 2023-2026, 2027-2031). Applicable Tariff PCR (cents per kWh) BA (cents per kWh) DCRR (cents per kWh) Domestic Service, Domestic Service Time-of-Day, Domestic Service...

AI summary The document outlines the Approved DSM Term, which refers to the full DSM Plan period in effect, such as 2023-2026 or 2027-2031. It also includes a table showing various tariff rates, including PCR, BA, and DCRR, for different service categories.

Regulated electric revenue: p. p. 20
Regulated electric revenue: Electric revenues, including energy charges, demand charges, basic facilities charges and clauses and riders, are recognized when obligations under the terms of a contract are satisfied, which is when electricit...

AI summary Electric revenues are recognized when electricity is delivered to customers, based on approved rates and metered usage. Unbilled revenue is estimated periodically, considering factors like energy demand, weather, and customer class changes.

As at December 31, 2024, future minimum lease payments to be received for each of the next five years and in aggregate thereafter are as follows: p. p. 20
As at December 31, 2024, future minimum lease payments to be received for each of the next five years and in aggregate thereafter are as follows: millions of dollars 2025 2026 2027 2028 2029 Thereafter Total Minimum lease payments to be re...

AI summary The text presents a table showing future minimum lease payments to be received by the company for each of the next five years and in aggregate thereafter, as of December 31, 2024. The section title 'RELATED PARTY TRANSACTIONS' suggests that the following content will discuss transactions involving related parties.

Interest Rate Risk: p. p. 20
Interest Rate Risk: NSPI utilizes a combination of fixed and floating rate debt financing for operations and capital expenditures, resulting in an exposure to interest rate risk. The allowed range of ROE will generally follow the direction...

AI summary NSPI uses a mix of fixed and floating rate debt, exposing it to interest rate risk. The allowed ROE range correlates with interest rates, with a lag due to the regulatory process. 95% of NSPI's debt is fixed rate as of December 31, 2024, with an average term of 17 years.

Section 249 p. p. 75
NSPI's electric revenues are affected by rates approved by the UARB and electric sales volumes. NSPI's electric revenues include revenues related to the recovery of fuel costs and non-fuel costs. The FAM allows NSPI to recover all prudentl...

AI summary NSPI's electric revenues depend on UARB-approved rates and sales volumes influenced by factors like weather, customer numbers, usage, and DSM activities. Fuel costs are recovered through the FAM, which has minimal impact on net income. Customer segments include residential, commercial, industrial, and other categories.

4.0 NOVA SCOTIA'S 2030 CLEAN POWER PLAN p. p. 75
4.0 NOVA SCOTIA'S 2030 CLEAN POWER PLAN 3 On October 11, 2023, the Province of Nova Scotia released the 2030 Clean Power Plan. 6 This - 4 release detailed the new resources that have been identified by the provincial government as being -...

AI summary The Province of Nova Scotia released the 2030 Clean Power Plan on October 11, 2023, outlining the resources needed to meet decarbonization goals by 2030.

6.1.5 Community Solar Program p. p. 121
6.1.5 Community Solar Program - 24 The Community Solar Program launched in Q1 2024, following proclamation of amendments to - 25 the Electricity Act 12 and the registration of the Community Solar Regulations. The program was - 26 first con...

AI summary The Community Solar Program was launched in Q1 2024 following amendments to the Electricity Act and the registration of the Community Solar Regulations. The program was first conceived in April 2022 when the Government of Nova Scotia passed amendments to the Electricity Act, administered by NS Power.

Preamble p. pp. 73-148
- 3 April 2022 amendments to the Electricity Act (Nova Scotia) established the framework for a new - net metering program. October 2022 amendments to the Renewable Energy Regulations14F 15 4 required - 5 that NS Power develop and apply to...

AI summary The Commercial Net Metering Program (CNMP) was established in 2022 under amendments to the Electricity Act and Renewable Energy Regulations. It allows customers to generate and export renewable electricity, with exported energy banked and applied to future bills. NS Power received approval for CNMP in 2023, and the first annual report was filed in 2024, highlighting progress in installations and project assessments.

NON-CONFIDENTIAL p. pp. 134-160
NON-CONFIDENTIAL 1 Request IR-4: 2 3 The following directive has been issued by the Board since the last general rate application 4 with a bring forward date for the next general rate application (and was not outlined in 5 Appendix 3A). Pl...

AI summary The document outlines responses to regulatory requests regarding depreciation studies and rate impacts related to engine refurbishments and replacements at Tufts Cove CT Units 4 and 5. NS Power explains that costs from specific refurbishments were not included in the depreciation rates due to industry practice and previous studies, and estimates a one-time rate increase of approximately 0.2 percent.

9 p. p. 160
9 SAIDI 2019 2020 2021 2022 2023 2024 15 benefits is a key element when considering rate impacts, and consequently future rates. In line with 16 the approach outlined in the Five-Year Reliability Plan, the competing priorities of reliabili...

AI summary The document discusses balancing reliability and affordability in utility rate planning, referencing the Five-Year Reliability Plan and a request for information on rate impacts and comparisons with neighboring utilities. It also includes a request for details on rate increases and their effects on residential customers.

Section 428 p. p. 178
o engagement in a consultative process to develop a Climate Change Action Plan as "in progress" because NS Power had intentionally left this item open pending any additional feedback or direction through the General Rate Application (GRA)...

AI summary The engagement in developing a Climate Change Action Plan is described as 'in progress' due to NS Power intentionally leaving the item open pending further feedback or direction from the General Rate Application (GRA) process.

Five-Year Reliability Plan – 2025-2029 NON-CONFIDENTIAL 2026-2027 GRA NSEB IR-20 Attachment 1 Page 7 of 40 p. pp. 194-195
Five-Year Reliability Plan – 2025-2029 NON-CONFIDENTIAL 2026-2027 GRA NSEB IR-20 Attachment 1 Page 7 of 40 1 customer engagement. In other jurisdictions in the United States and Canada, surveys have been 2 distributed to customers to gathe...

AI summary NS Power supports integrating customer engagement and Value of Lost Load (VoLL) into its reliability planning process. The Plan emphasizes adaptability and flexibility in response to external factors, and highlights the importance of balancing system resilience investments with ratepayer impacts. The Board's 2022 decision on capital expenditures is referenced as a key consideration.

Five-Year Reliability Plan – 2025-2029 NON-CONFIDENTIAL 2026-2027 GRA NSEB IR-20 Attachment 1 Page 8 of 40 p. p. 195
Five-Year Reliability Plan – 2025-2029 NON-CONFIDENTIAL 2026-2027 GRA NSEB IR-20 Attachment 1 Page 8 of 40 1 disruptive events but could help to reduce damage and could also facilitate the recovery from a disrupted state to normal operatio...

AI summary The text discusses the importance of balancing reliability and resiliency investments with rate impacts, emphasizing the need for open dialogue between NS Power, customers, and government to align system performance and costs. It references prior regulatory decisions related to the 2022 and 2024 ACE Plans.

NON-CONFIDENTIAL p. pp. 51-171
NON-CONFIDENTIAL - 1 Conditions for the projects above to be successfully developed include: - 2 Timely procurement, completion and commissioning of renewable and new fast-acting 3 generation projects. - 4 Successful regulatory approvals a...

AI summary The text outlines conditions for the successful development of renewable and fast-acting generation projects, emphasizing regulatory approvals, stakeholder support, supply chain reliability, and talent availability. NS Power is also considering fuel switching of coal units to meet capacity needs and reduce SO2 emissions post-2030.

1 Request IR-32: p. p. 51
Section 4 of the Community Solar Program Regulations provides "A subscriber must not be charged any additional fees by NSPI or a project owner to participate in the community solar program," and Section 5 provides "A subscriber is billed b...

AI summary The document discusses the proposed revision to Section 3.2.8 of the POA, focusing on how costs related to renewable energy programs, such as the Community Solar Program, are handled when they cannot be recovered from participants. The revision aims to capture these costs through the FAM mechanism.

Section 597 p. p. 87
(d) The decreased OM&G forecast in 2030 as compared to 2029 is primarily due to a forecast reduction of $25.5 million in the Thermal Plants operating group due to the anticipated retirement of certain plants and facilities partially offset...

AI summary The 2030 OM&G forecast decrease is mainly due to the retirement of certain thermal plants and facilities, consistent with the Decarbonization Deferral Account, partially offset by reduced administrative overhead and inflationary increases in other operating groups.

22 (b) Please see the table below: p. p. 87
22 (b) Please see the table below: ($ million) 2020 2021 2022 2023 2024 2020-2024 Average Level 1-2 9.5 7.2 6.2 12.0 9.0 8.8 Level 3-4 (including Hurricane Fiona) 9.1 1.4 39.3 32.1 3.7 17.1 less: Hurricane Fiona - - -24.4 0.0 - -4.9 less:...

AI summary The text discusses NS Power's increased expenses in Grid Modernization and Customer Integration due to hiring additional employees for customer experience and data analytics. It also requests clarification on new services and product offerings for 2026 and 2027 and whether the outdated Customer Information System limits the expansion of customer rate offerings, referencing Matter M11884.

REDACTED p. p. 87
REDACTED 2 3 Reference: Exhibit N-6(ii), Corporate Office of Secretary and General Counsel 4 With respect to the reasons given for the following significant projected increases for 2026 5 over 2024 actuals: 17 appeal heard. The outcome of...

AI summary The text discusses the significant projected increases in costs for 2026 over 2024 actuals, referencing the General Rate Adjustment (GRA) appeal. The litigation's outcome depends on discovery motions, and the timing and resolution of the matter are uncertain. NS Power cannot provide an estimate of future costs at this time due to external factors.

Section 626 p. p. 87
specialized tariff and rate work and modelling for specific customers or industries. It is

AI summary The text refers to specialized tariff and rate work and modelling for specific customers or industries, indicating a focus on tailored rate structures and customer-specific pricing models.

(c) NS Power expects to fully access smart meter data from customer meters in early 2026. p. p. 87
(c) NS Power expects to fully access smart meter data from customer meters in early 2026. 1 (d) NS Power smart meters measure and maintain the total energy consumed at a meter, much 2 like the odometer of a vehicle. This measurement will n...

AI summary NS Power anticipates full access to smart meter data by early 2026. Smart meters measure energy consumption like a vehicle's odometer, but some data may be lost due to a cybersecurity attack. Additionally, a labour vacancy adjustment is discussed in the context of the 2026-2027 GRA budget, reflecting unanticipated staffing turnover.

Observations p. p. 0
Observations - NSPI Time to Fill in 2023 is 78% higher than the industry group median - NSPI Time to Fill decreased 23% between 2019 and 2023 (-6.3% CAGR) Definition: Cycle time in calendar days from approval of job requisition to acceptan...

AI summary The document highlights that NSPI's Time to Fill in 2023 was 78% higher than the industry median, though it decreased by 23% from 2019 to 2023. The Time to Fill is defined as the cycle time from job requisition approval to job offer acceptance, based on APQC 2024 benchmarks.

2026-2027 GRA NSEB IR-85 Confidential Attachment 1 has been removed due to confidentiality. p. p. 20
2026-2027 GRA NSEB IR-85 Confidential Attachment 1 has been removed due to confidentiality. 1 Request IR-86: 2 3 Reference: Exhibit N-7, Appendix 8E 4 5 NS Power notes it has excluded the costs of decommissioning the Wreck Cove, Mersey and...

AI summary The document outlines a request (IR-86) related to the decommissioning costs of hydroelectric assets (Wreck Cove, Mersey, and Tusket) and how their exclusion from depreciation rates impacts cost recovery and rate pressure for customers. The request also asks for justification regarding the assumption that these assets will be operated in perpetuity and never decommissioned, and whether NS Power believes these facilities will never need decommissioning.

Appendix 2—Regulation p. p. 73
Appendix 2—Regulation - NSPI operates under the NSUARB's regulatory environment using a COS methodology that allows the Company to recover all prudently estimated operating expenses and earn a reasonable return on approved capital investme...

AI summary NSPI operates under the NSUARB's regulatory framework, with a target ROE range of 8.75% to 9.25%. Bill 212 in 2022 imposed caps on base-rate increases and ROE. In 2023, the NSUARB approved a negotiated settlement with a 6.9% average rate increase for 2023 and 2024, including a Storm Rider and a FAM. In 2024, the NSUARB approved a Storm Rider of $24 million and the 2024 ACE plan. NSPI also sold a portion of its FAM asset to the Province and issued debt guaranteed by the federal government.

1 2027 COSS p. p. 107
1 2027 COSS Change on Total Allocated Costs in $ Million Revenue to Expense Ratio 2 development of the PHP ATL Tariff to be filed with the Board by the end of 2025. 3 4 The Company has proposed a deferral mechanism "PHP Deferral" for, amon...

AI summary The document discusses the development of the PHP ATL Tariff to be filed with the Board by the end of 2025 and the proposed 'PHP Deferral' mechanism for revenue variances between the assumed and approved tariffs. The request asks for clarification on the assumptions and how revenue variances would be isolated.

14 Please see below a comparison of requested charges. p. p. 148
14 Please see below a comparison of requested charges. Domestic Service Tariff Capped Customer Charge COSS-based Customer charge Variance Percent Variance 2026 Standard Rate Customer Charge ($/month) $20.24 $29.32 $9.07 45% Energy Charge (...

AI summary The text presents a comparison of requested charges for Domestic Service Tariff in 2026 and 2027, showing significant increases in customer charges and slight decreases in energy charges under both Standard and Smoothed Rate structures.

1 p. p. 148
1 Small General Tariff Capped Customer Charge COSS-based Customer charge Variance Percent Variance 2026 Standard Rate Customer Charge ($/month) $22.16 $31.98 $9.82 44% Energy Charge (First 200 kWh) (cents/kWh) 18.918 17.840 (1.078) -6% Ene...

AI summary The table compares capped and COSS-based customer charges and energy rates for 2026 and 2027 under the Small General Tariff. It shows significant increases in customer charges and decreases in energy rates between the two models, with consistent variance percentages across years.

6 charge would be recovered through an increase in the energy charge. p. pp. 148-151
6 charge would be recovered through an increase in the energy charge. Request IR-134: Reference: Exhibit N-3 GRA Direct Evidence, Section 13 Rate Design On page 81, NS Power stated: If the customer charges were to be set directly based on...

AI summary The document discusses the increase in customer charges, attributing a 50% rise in 2026 to the settlement agreement setting the charge at 75% of the proposed increase from the 2023/2024 GRA Application, along with higher investments in smart grid enhancements and AMI. A single-digit increase in 2027 is expected due to continued cost factors.

1 Request IR-136: p. pp. 154-155
1 Request IR-136: 2 3 Reference: Exhibit N-4, PR-01 Attachment 01D, Domestic Service Time-of-Day Tariff 4 5 (a) Please provide a copy of the charges as originally approved for this tariff and explain 6 the rationale used to set the peak, s...

AI summary The response to Request IR-136 explains the original approval of the Domestic Time-of-Day (TOD) Tariff in 1996, which was designed to retain electric heating customers using ETS systems. The original peak-to-shoulder and peak-to-off-peak rate ratios were 2:1 and 4:1, respectively. The proposed 2026 and 2027 tariffs show changes in these ratios, with the shoulder and off-peak rates increasing as a percentage of the peak rate.

Section 956 p. pp. 155-156
(c) Prices applicable to the TOD Tariff have changed over the years as GRAs have occurred and the cost composition of the Domestic TOD class has changed. The Company has not compiled a comprehensive list of how those amendments were justif...

AI summary The text discusses the evolution of the Time-of-Day (TOD) Tariff over 30 years, noting changes in energy charge ratios due to General Rate Adjustments (GRAs) and customer concerns. A significant change occurred in 1998 when the winter on-peak energy charge was reduced to address customer feedback regarding the disparity between on-peak and off-peak charges.

4 Non-winter off-peak is applicable March to November between 11 PM and 7 AM. p. p. 156
4 Non-winter off-peak is applicable March to November between 11 PM and 7 AM. 5 Letter from Robert Boutilier, Manager Rates and Regulations, to Mr. Morash Re. Approval of Modification to the On-Peak Energy Rate and Availability Clause in t...

AI summary The document discusses the application of non-winter off-peak rates from March to November between 11 PM and 7 AM. It references a letter regarding modifications to on-peak energy rates and availability clauses, and mentions the potential for direct load control by the utility, though time-of-day (TOD) rates are seen as a primary method for achieving energy savings.

Section 958 p. p. 156
The Board approves specific TOD rates for ETS customers within the Domestic class as outlined, effective immediately:

AI summary The Board has approved specific Time-of-Day (TOD) rates for Electric Thermal Storage (ETS) customers in the Domestic class, as outlined in the document, and these rates are effective immediately.

During the months of December, January and February p. p. 156
During the months of December, January and February Period Rate (cents per kW.h) 7:00 am to 12:00 noon 12:00 noon to 4:00pm 4:00pm to 11:00 pm 11:00 pm to 7:00am 16.70 8.35 16.70 4.175 These rates apply weekdays (Monday to Friday inclusive...

AI summary The document outlines time-of-use electricity rates applicable during specific periods on weekdays, with different rates for various times of the day and a flat rate for weekends and holidays.

For the remaining months of the year March to November p. p. 156
For the remaining months of the year March to November Period Rate (cents per kW.h) 7:00am to 11:00 pm 8.35 11:00 pm to 7:00am 4.175 The above rates apply weekdays (Monday through Friday) except for statutory holidays.

AI summary The text outlines time-of-day electricity rates for weekdays from March to November, with higher rates during the day (7:00am to 11:00pm) and lower rates during nighttime (11:00pm to 7:00am), excluding statutory holidays.

Section 961 p. p. 156
For Saturdays, Sundays and statutory holidays, all consumption will be billed at the rate of 4.175 cents per kW.h. For calendar year 1996, the availability of these rates will be restricted to those customers employing ETS equipment obtain...

AI summary The document outlines a billing rate of 4.175 cents per kW.h for consumption on weekends and holidays, restricted in 1996 to customers using ETS equipment from the Applicant. The Board will review the program's results before January 1997 to decide on extending the rates to all customers.

1 Request IR-137: p. pp. 156-159
1 Request IR-137: 2 3 Reference: OATT Updates SR-01 Attachment 1e 4 5 On page 32 of 42, NS Power stated: 6 7 However, as part of developing this consensus GRA, it was agreed that 8 for the 2026-2027 test periods the costing approach will u...

AI summary The document discusses a costing amendment related to interruptible loads under the Large Industrial Rate class, specifically the use of 50% of estimated average hourly demand for 10-minute operating reserve. This decision was made through consensus discussions and references a prior Board decision (M10431).

(a) Please refer to the following figure; only OATT Schedules 5 and 6 are impacted by this change. p. p. 159
(a) Please refer to the following figure; only OATT Schedules 5 and 6 are impacted by this change. OATT Revenue (as proposed in 2026-2027 GRA) OATT Revenue (fully cost based) Dollar Impact 2026 2027 2026 2027 2026 2027 Schedule 5 and 6 Ope...

AI summary The text discusses changes in demand charges for various tariff classes in 2026, attributing the decreases to a shift in responsibility for non-fuel costs, particularly due to the Domestic class taking on a larger share of these costs compared to 2023. This is linked to the updated cost of service study and the inclusion of PHP as an above.

1 associated expenditures in its revenue requirement. As provided in part (c), NS Power's p. pp. 171-174
M12273 – NS Power, Cybersecurity Incident Monthly Update 2, page 3. October 1, 2025. 1 associated expenditures in its revenue requirement. As provided in part (c), NS Power's 13 providing non-standard meter service to opt-out customers. Pl...

AI summary NS Power is responding to a request regarding its opt-out fee policy for non-standard meter service. The response references the 2023-2024 GRA (M10431) and indicates that the company has prioritized addressing concerns related to the opt-out rate based on stakeholder support and a settlement agreement.

N-28NSPI (PHP) RIR 1-3 1 passage
1 Request IR-1: p. p. 6
NON-CONFIDENTIAL 1 Request IR-1: 2 3 Reference: Exhibit N-3, Direct Evidence, Section 12.4 PHP COSS Treatment, page 79. 4 5 "NS Power anticipates filing an application for approval of a new above-the 6 line (ATL) Tariff applicable to PHP a...

AI summary NS Power plans to file for approval of a new above-the-line (ATL) Tariff for PHP, which will take effect in 2026. PHP will be treated as an ATL customer, including an interruptible credit similar to Large Industrial Interruptible Rider (LIIR) customers and a 10% premium for priority interruption service. ADC service will be proposed as a rider to the new tariff, with payments recovered from ATL customers.

N-29NSPI (Synapse) RIR 1-11 - Redacted 13 passages
2026-2027 General Rate Application (M12451) NSPI Responses to Synapse Information Requests p. pp. 0-52
2026-2027 General Rate Application (M12451) NSPI Responses to Synapse Information Requests 1 Request IR-1: 2 3 Refer to GRA Appendix 12A, Cost of Service Study Process, section 3.1. How does the 4 Company define customer-related costs? 5 6...

AI summary The document outlines how NSPI defines customer-related costs in its 2026-2027 General Rate Application, referencing its Cost of Service Methodology and aligning with the NARUC Electric Utility Cost Allocation Manual. Customer-related costs include retail O&M and distribution infrastructure costs that vary with the number of customers served.

CONFIDENTIAL (Attachments Only) p. p. 0
CONFIDENTIAL (Attachments Only) 1 Request IR-2: 2 3 Refer to GRA Appendix 12A, Cost of Service Study Process, section 5.1. 4 5 (a) Describe and provide all sensitivity analysis and modelling the Company has 6 conducted to conclude that "in...

AI summary The document outlines a request for detailed sensitivity analysis and modeling related to the cost of service study (COSS) conducted by the Company. It also asks for explanations of how increased granularity may affect COSS and requests examples of inconsistencies that could arise. Additionally, the request seeks information on how generation assets are classified under the proposed SLF approach and the current classification method.

5 Response IR-2: p. p. 0
5 Response IR-2: 6 7 (a) The statement is meant to highlight that increased granularity does not always result in a 8 more precise or effective COSS. COS studies are meant to provide fairness and 9 transparency and provide a basis for rate...

AI summary The response discusses the use of a generic approach to treat generation costs in the COSS, emphasizing simplicity, existing precedents, and rate stability. It highlights concerns about increased granularity leading to complexity, rate volatility, and potential fluctuations in assigned generation costs due to changes in the generation mix.

CONFIDENTIAL (Attachment Only) p. p. 9
CONFIDENTIAL (Attachment Only) 1 (i) Is NSPI's transmission system designed to function over extended hours of high 2 loading? Explain why or why not. 3 4 (j) In live, unlocked Excel file format with all links and formula intact, please pr...

AI summary NSPI is asked whether its transmission system can function under high loading and to provide an alternate version of the COSS using SLF to classify transmission costs. NSPI explains that the transmission system will transition from radial to network-based, affecting cost classification.

Various Municipal Utilities p. p. 12
Various Municipal Utilities Mr. Dennis Kehoe, P. Eng. 2026-2027 GRA Synapse IR-4 Attachment 1 Page 3 of 24 REDACTED (CONFIDENTIAL INFORMATION REMOVED) - 3 - INTRODUCTION Nova Scotia Power Inc., hereinafter referred to as "NSPI" or the "Com...

AI summary This document outlines a regulatory proceeding involving Nova Scotia Power Inc. (NSPI) related to cost of service and rate design, including a Board Order from 1992 and subsequent directives from the NSUARB-P-865 Order in 1994. The Board directed NSPI to use its cost of service methodology for study purposes and to investigate cost-reducing rate designs aligned with NARUC guidelines.

2026-2027 GRA Synapse IR-4 Attachment 1 Page 4 of 24 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 12
2026-2027 GRA Synapse IR-4 Attachment 1 Page 4 of 24 REDACTED (CONFIDENTIAL INFORMATION REMOVED) - 4 - following four primary areas relating to Cost of Service Methodology to be addressed during the generic hearing: - 1. Methods of attribu...

AI summary The document outlines four primary areas of Cost of Service Methodology to be addressed during a generic hearing, including cost attribution, cost-relating methods, seasonal cost allocation, and customer class cost allocation. The Company proposed using the Equivalent Peaker method, unbundling transmission costs, modifying the Cost of Service Study presentation, and allocating fuel costs monthly.

2026-2027 GRA Synapse IR-4 Attachment 1 Page 7 of 24 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 12
2026-2027 GRA Synapse IR-4 Attachment 1 Page 7 of 24 REDACTED (CONFIDENTIAL INFORMATION REMOVED) - 7 - Mr. Brockman testified that the Equivalent Peaker Method of classification for generation plant is a more fair and rational approach. Re...

AI summary The testimony discusses the classification of generation and transmission costs, with differing opinions on the Equivalent Peaker Method and the Average and Excess method. Concerns are raised about NSPI's proposed reclassification of costs to energy, arguing it may be unreasonable and inconsistent with industry norms.

2026-2027 GRA Synapse IR-4 Attachment 1 Page 10 of 24 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 12
2026-2027 GRA Synapse IR-4 Attachment 1 Page 10 of 24 REDACTED (CONFIDENTIAL INFORMATION REMOVED) - 10- class demand to total system demand, utilizing the class average for the three winter month coincident peaks. - 4. Average and Excess O...

AI summary The document discusses methods for allocating peak demand and energy-related costs to customer classes based on coincident and non-coincident peaks, as well as energy generation requirements. It highlights the use of three winter month coincident peaks for a fairer allocation of excess demand costs.

2026-2027 GRA Synapse IR-4 Attachment 1 Page 11 of 24 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 12
2026-2027 GRA Synapse IR-4 Attachment 1 Page 11 of 24 REDACTED (CONFIDENTIAL INFORMATION REMOVED) - 11- classes since statistics are readily available for both energy and the number of customers. Energy cost allocations are based on energy...

AI summary The document discusses methods for allocating demand-related costs to customer classes, including the coincident peak, non-coincident peak, average and excess, and probabilistic methods. Dr. Sarikas and Ms. Chown provide input on acceptable approaches, with Dr. Sarikas supporting energy-based allocations provided they do not overstate or double count costs.

2026-2027 GRA Synapse IR-4 Attachment 1 Page 14 of 24 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 12
2026-2027 GRA Synapse IR-4 Attachment 1 Page 14 of 24 REDACTED (CONFIDENTIAL INFORMATION REMOVED) - 14- - (a) line loss differences - (b) purchased power fixed costs - (c) grid sales - (d) direct and incrementally costed rates. Mr. Baker s...

AI summary The document discusses methods for allocating seasonal costs to customer classes, with differing opinions on the use of equivalent peaker, loss of load probability, and three coincident peak months. Dr. Chamberlin emphasized the need for further study on seasonal cost variation, while others suggested current methods may be sufficient. The Board noted limited discussion on functionalization.

2026-2027 GRA Synapse IR-4 Attachment 1 Page 19 of 24 REDACTED (CONFIDENTIAL INFORMATION REMOVED) p. p. 12
generation plant would have to be converted to current cost levels. Since NSPI is not required to revalue its assets each year, it is the opinion of the Board that the equivalent peaker method is not 2026-2027 GRA Synapse IR-4 Attachment 1...

AI summary The Board evaluates methods for determining cost of service for generation and transmission assets. It rejects the equivalent peaker method for asset revaluation and supports classifying fixed costs based on annual system load factor. Transmission line rate-base assets are not separated from generation, and the Board requests NSPI to provide long run marginal costs for future rate hearings.

NON-CONFIDENTIAL p. pp. 39-52
NON-CONFIDENTIAL 1 a variety of reasons. These customers continue to receive manual meter reads, which is the 2 basis for the proposed non-standard meter service fee. As noted in the Board's December 3 17, 2024 Letter, NS Power has "essent...

AI summary The document discusses the basis for a non-standard meter service fee, noting that some customers still receive manual meter reads. It also mentions the classification of AMI investment costs and references the Board's approval of NS Power's AMI Project Application in 2018 as part of M083449.

IT IS HEREBY ORDERED THAT: p. p. 52
IT IS HEREBY ORDERED THAT: - 1. Capital Item #47124 for NS Power's AMI Project in the amount of $133,228,952 is approved, subject to the findings in the Board's Decision. - 2. NS Power is directed to provide a detailed accounting of the us...

AI summary The Board approves NS Power's AMI Project capital item, directs detailed accounting of contingency funds, and mandates timelines for filing tariffs and compliance reports. It also requires NS Power to consider low-income and small business concerns, ensure health and safety information is available, and address opt-out procedures.

N-30NSPI (Renewall) RIR 1 to 13 2 passages
1 Request IR-1: p. p. 14
NON-CONFIDENTIAL 1 Request IR-1: 22 securitization riders in cents per kWh as their counterparts in the bundled service rate 23 classes. That is, the domestic customers in the RtR market will pay the same securitization 24 rider as the dom...

AI summary The text discusses the application of securitization riders across different customer classes and references a rate increase proposal by NS Power, including questions about the FAM AA/BA application and its financial implications.

NON-CONFIDENTIAL p. pp. 14-22
NON-CONFIDENTIAL 1 Request IR-8: 2 3 What is NS Power's transmission loss factor in each of 2026 and 2027. If that differs from 4 prior years, please explain why. 5 6 Response IR-8: 7 8 The System Average Loss Factor (SALF) applicable to N...

AI summary The document discusses NS Power's response to requests regarding transmission loss factors for 2026 and 2027, the filing of 2026 Annually Adjusted Rates, and options for addressing FAM balances related to load migrations. The SALF is calculated annually based on historical data, and the 2026 rates application was filed in November 2025.

N-31NSPI (ECC) IR 1 to 41 - REFILED 7 passages
2026-2027 General Rate Application (M12451) NSPI Responses to EMRYDIA Information Requests p. p. 81
2026-2027 General Rate Application (M12451) NSPI Responses to EMRYDIA Information Requests 1 Request IR-4: 2 3 Using the information provided in response to IR-3, please prepare a separate reconciliation 4 for each account in an Excel spre...

AI summary The document outlines responses from NSPI to EMRYDIA's information requests regarding depreciation and net salvage recovery techniques. NSPI states that it has not performed or presented calculations using the Whole Life technique and that the data needed for such calculations was provided in response to IR-1. A separate request is made for information based on the Average Life Group procedure.

Notes: p. pp. 81-82
Notes: • • Team that is determining what the investment strategy should be for assets and trying to find the most efficient ways to invest their money - Plan to get to clean energy by 2030. Eliminate coal fired generation. Path to 2030. -...

AI summary The document discusses Nova Scotia Power Inc.'s investment strategy for assets, plans to achieve clean energy by 2030, elimination of coal-fired generation, and the use of sensors and telecommunications to improve asset efficiency. It also mentions ISO Nova Scotia's shift toward renewables and the installation of a community solar garden in Amherst.

CONCLUSION p. pp. 126-127
CONCLUSION The evergreen IRP Action Plan and Roadmap will play a key role in enabling NS Power to meet the challenges and opportunities of the ever-evolving electricity planning environment. This plan serves to enable the path to 2030 whil...

AI summary The evergreen Integrated Resource Plan (IRP) Action Plan and Roadmap are critical for NS Power to achieve its 2030 decarbonization targets and long-term sustainability goals. The plan provides flexibility to adapt to changes in the electricity planning environment, including advancements in renewable technology and evolving climate policies. NS Power will provide annual updates to stakeholders and continue collaborating with partners to support the energy transition.

The Parties HEREBY AGREE: p. p. 48
The Parties HEREBY AGREE: - 1. This agreement is a "black box settlement" designed to achieve an overall result. The Parties have agreed to this settlement on the basis that it is made without prejudice to the right of any of the Parties t...

AI summary The Parties have reached a 'black box settlement' regarding depreciation rates for NSPI, agreeing to specific rates for wind turbine assets and reserving rights for future hearings. NSPI will conduct a study on hydro assets to assess decommissioning and optimization opportunities, with any resulting proposals subject to UARB approval.

9.1 Capital Process p. pp. 4-5
9.1 Capital Process In support of its organizational and Asset Management objectives, NS Power utilizes the Asset Management Mechanism to inform and make risk-based decisions. This matrix, aligned with the matrices in NS Power's CEJC, prov...

AI summary NS Power uses a risk-based Asset Management Mechanism to evaluate and prioritize capital decisions. While the mechanism provides a starting point for risk evaluation, it emphasizes the need for SME input due to potential data limitations. Risk considerations include safety, environmental impact, and business sustainability, with final decisions balancing risk, affordability, and operational needs.

Fuel Adjustment Mechanism (FAM) p. p. 7
Fuel Adjustment Mechanism (FAM) The Fuel Adjustment Mechanism (FAM) is the mechanism by which the actual cost of fuel used to generate electricity is passed through to NS Power's customers. It allows price changes to be corrected and smoot...

AI summary The Fuel Adjustment Mechanism (FAM) passes the actual cost of fuel used to generate electricity to NS Power's customers, allowing for rate adjustments without a full GRA. It includes bi-annual third-party audits by the NSUARB and follows a full regulatory process with stakeholder engagement and public hearings.

1 Request IR-25: p. p. 7
NON-CONFIDENTIAL 1 Request IR-25: 16 costs are also largely not within the control of NS Power as it must incur costs in response to issues 17 and evidence raised and the costs themselves are not just those of NS Power, but include those o...

AI summary The document discusses the challenges NS Power faces in forecasting costs related to the General Rate Application (GRA), highlighting that these costs are not fully within their control and involve other entities such as the Consumer Advocate and the Board. It also references the unpredictability of expenses for large hearings as noted in the Board's Annual Accountability Report.

N-32Evidence - Cleary 2 passages
3.2 Concentric's Proxy Groups p. p. 4
3.2 Concentric's Proxy Groups Concentric constructs a Canadian proxy group of five utilities, a U.S. Integrated Electric proxy group of 10 utilities, and a North American Electric proxy group that is comprised of three Canadian utilities a...

AI summary Concentric uses different proxy groups for determining the cost of equity for NS Power, including a North American Electric proxy group with a high proportion of U.S. utilities. The argument is that U.S. utilities are not suitable comparators for Canadian utilities due to higher business risk, supported by beta estimates showing significantly higher market risk for U.S. utilities compared to Canadian ones.

3.4 CAPM Estimates p. p. 4
justed) beta estimates for the Canadian, U.S. and North American proxy groups are lower at 9.26%%, 10.51% and 10.0% respectively, compared to 9.71%, 10.69% and 10.31% when adjusted betas are used. Concentric's final beta estimates are thus...

AI summary The text critiques Concentric's CAPM estimates, noting that its reliance on U.S. utility data, adjusted betas, and historical MRP estimates leads to inflated results. Specifically, Concentric's Canadian and U.S. MRP estimates are significantly higher than commonly referenced averages from the Dimson et al. (2016) study.

N-32-(i)Attachment A - Professional Resume - Cleary 1 passage
Expert Witness Experience:
Expert Witness Experience: September 2025-August 2026 – Nova Scotia Energy and Regulatory Boards Tribunal (NSERBT). Prepare evidence and make recommendations regarding the Nova Scotia Power GRA Proceedings. July-December 2025 – Nova Scotia...

AI summary The text outlines the expert witness experience of an individual who has prepared evidence and made recommendations for various regulatory proceedings across Canada, focusing on return on equity, capital structure, and risk margins for utilities.

N-33Evidence - Doane Grant Thorton - Redacted 4 passages
Preamble p. pp. 28-41
- explanation of the primary factors for the $14.2 million increase from 2024CR to 2027F have been provided by the Company and are detailed below: - Thermal Plants The increase of approximately $10.9 million from 2024CR to 2027F relates pr...

AI summary The $14.2 million increase in operating costs from 2024CR to 2027F is primarily due to increased labour, contracts, and materials costs, driven by changes in the retirement assumptions for Trenton Unit 5 and Lingan Unit 2, as well as increased running hours.

9 4.2 Procedures p. p. 41
9 4.2 Procedures - 10 Our procedures with respect to the regulatory amortizations include the following: - 11 Reviewed the methodology of proposed regulatory amortization for reasonableness and determined if this 12 was consistent with pre...

AI summary The procedures for regulatory amortizations involve reviewing the methodology for reasonableness, ensuring consistency with prior approvals and industry practices, reconciling with previously approved amortizations, and aligning with the Board's decisions and the Company's audited financial statements.

8 7.2 Procedures p. p. 51
8 7.2 Procedures - 9 Our procedures with respect to rate base involved verifying the calculation of average rate base. We assessed the 10 reasonableness of the data used in the calculation of rate base, including the methodology used by th...

AI summary The procedures discussed involve verifying the calculation of the average rate base, assessing the reasonableness of data used, and ensuring consistency with the Board's approved methodology and relevant matters.

Appendix A - Glossary of terms p. pp. 59-60
Appendix A - Glossary of terms Abbreviation Term 2024 Compliance (restated), 2024CR 2024 restated GRA Compliance Filing 2024A 2024 Actuals 2024C 2024 Compliance 2025B 2025 Budget 2026F 2026 Forecast 2027F 2027 Forecast AFUDC Allowance for...

AI summary This glossary defines terms and abbreviations used in Nova Scotia regulatory proceedings, including references to filings, programs, and regulatory bodies. It includes terms such as 'Fuel Adjustment Mechanism,' 'Demand Side Management,' and 'Nova Scotia Energy Board.'

N-34Evidence - Dustin Madsen 8 passages
• ELG procedure cons: p. p. 43
• ELG procedure cons: o Variability – Differences in the selected survivor curve can have significant impact on the depreciation expense in a negative manner as well. Assuming a 15-year average life but selecting either an L1.0, S1.0 or R1...

AI summary The ELG procedure has two main drawbacks: variability in depreciation expense due to different survivor curves and complexity in implementation. While the procedure can improve accuracy, it may also increase inaccuracy if curves are not reflective of asset retirement patterns. The complexity of the procedure may hinder customer understanding, which is a key rate design criterion.

- A: The following table was provided by NS Power in response to Emrydia's Information Request to NSPI IR-27: p. pp. 43-49
- A: The following table was provided by NS Power in response to Emrydia's Information Request to NSPI IR-27: Table 4 – NS Power table summarizing the impacts of the ALG procedure by group of assets for 2026 and 2027 Depreciation and Accre...

AI summary NS Power provided a table summarizing the impacts of the ALG procedure on depreciation and accretion expenses for various asset groups in 2026 and 2027. The transition to ALG would result in changes to depreciation expenses, with increases for hydro assets and decreases for transmission and distribution assets. The overall impact is estimated at $23.3 million and $24.3 million, respectively, though detailed calculations were not provided for verification.

Q: Do you consider this reduction in depreciation to be reflective of a gradual and moderate reduction in depreciation expense? p. p. 49
This amount is detailed in Exhibit DMM-3, which was created based on the information provided by NS Power to Emrydia IR-7. The book accumulated reserve reflects the amount of depreciation already recovered in rates from customers and refle...

AI summary The text discusses the difference between the calculated accumulated depreciation reserve under the ALG and ELG procedures and the book accumulated reserve. It highlights that the ALG procedure results in a smaller reserve deficiency compared to the ELG procedure, which would have a greater impact on future rates.

1 ALG procedure to a large reserve surplus. For clarity, the reserve deficiency for these p. pp. 53-54
NS Power GRA, page 41, lines 9 to 13. 1 ALG procedure to a large reserve surplus. For clarity, the reserve deficiency for these future customers paying more for depreciation expense than they currently do. Q: If this is the case, then shou...

AI summary The discussion revolves around the ALG procedure and its impact on depreciation recovery compared to the ELG procedure. The argument is that the ALG procedure will not immediately shift the burden of higher depreciation to future customers, as the ELG procedure already results in higher depreciation recovery in the early years, which could compound over time if investment grows.

Section 118 p. p. 59
• Unusual events in prior years. • Changes in technology or the resilience of certain assets. • Changes in other relevant causes of retirement. I requested copies of the management notes and discussions as part of Emrydia IR-12, and those...

AI summary NS Power is proposing to securitize a significant portion of its production plant assets, including Point Aconi and others, as part of the securitization proposal. This would remove the need to study changes to the service lives of these assets, with the final depreciation recovery to be addressed in a future proceeding after the costs are securitized.

Preamble p. p. 82
- A: As of December 31, 2023, NS Power has invested $178,454,463 into this account. NS - Power is recommending a 45-R3.0 curve for this account with a -20 percent net salvage - rate. Gannett Fleming also used a placement band of 1929-2023...

AI summary NS Power has invested over $178 million into the Decarbonization Deferral Account as of December 31, 2023, and is recommending a 45-R3.0 curve with a -20 percent net salvage rate. Gannett Fleming used specific placement and experience bands in their analysis.

the report. p. p. 108
the report. 1 Gannett Fleming also further elaborated on its reliance on a Stantec report for Steam and 2 Other Production Plant, as well as Hatch and Boreas Heritage Consulting reports for Hydro 3 Production Plant. 4 Q: Did NS Power in it...

AI summary The report discusses NS Power's net salvage rates and depreciation practices, noting that while some rates may be over or understated, there is no clear directional bias. The expert recommends adopting the ALG procedure and adjusting asset lives, which would reduce depreciation expenses. They also suggest revising the timing of future depreciation studies to be filed more frequently.

Q: Do you recommend approval of NS Power's proposed securitization? p. p. 116
Q: Do you recommend approval of NS Power's proposed securitization? A: Yes, in principle I have no issues with the proposal to securitize the costs in question for the reasons stated earlier. However, I am unable to review the results of t...

AI summary The respondent supports the principle of approving NS Power's securitization proposal but recommends a full review of the final transaction details. They oppose deferring depreciation and financing costs at WACC if the securitization is delayed, emphasizing the need for timely completion to ensure rate certainty for customers. They also recommend the Board assess the reasons for delays as a condition of approval.

N-34-(i)Exhibit DMM-1 - D Madsen CV Current 4 passages
Accounting, Finance, Tax and Regulatory Consultant January 2016 – Present
Accounting, Finance, Tax and Regulatory Consultant January 2016 – Present Emrydia Consulting Corporation (owner) - Preparation of evidence and expert testimony both written and oral on a variety of areas, including cost-of-service, revenue...

AI summary The document outlines the professional experience of an accounting, finance, tax, and regulatory consultant with Emrydia Consulting Corporation since 2016. The individual has prepared evidence, expert testimony, and conducted studies on topics such as cost-of-service, revenue requirement, depreciation, and cost of capital.

4. Public Service Commission of South Carolina
4. Public Service Commission of South Carolina a. Kiawah Island Utility Company – Application for Authority to Adjust and Increase Its Retail Electric Rate Schedules, Tariffs, and Terms and Conditions – Docket No. 2025-343-WS – Cost of ser...

AI summary The Public Service Commission of South Carolina is handling an application by Kiawah Island Utility Company to adjust and increase its retail electric rate schedules, tariffs, and terms and conditions. The proceeding involves cost of service, revenue allocation, rate design, and shared services.

5. Public Utilities Commission of Ohio
5. Public Utilities Commission of Ohio - a. Aqua Ohio Wastewater, Inc. and Aqua Ohio, Inc. ("Aqua" or "Utility") Application for Approval of Distribution Water and Wastewater rates - 25-0593- ST-AIR and 25-0594-WW-AIR – Revenue requirement...

AI summary The document outlines several regulatory proceedings involving Aqua Ohio Wastewater, Inc., Ohio Power Company, First Energy Ohio, and Dominion Energy Ohio, focusing on rate approvals, revenue requirements, and cost-of-service matters.

13. Alberta Utilities Commission
ign and Modernized DOS Rate Design Application – Proceeding 26911 – Revenue requirement and cost-of-service. Tel: 403-869-9294 / 725-500-0255 / E-mail: [[email protected]](mailto:[email protected])

AI summary The document outlines a proceeding related to the ignition and modernized DOS rate design application, focusing on revenue requirement and cost-of-service under Proceeding 26911.

N-34-(viii)Exhibit DMM-8 - From NP - 2022-2023 General Rate Application - Volume 3 - 2021-05-27 1 passage
SCHEDULE 4. ORIGINAL LIFE TABLE CALCULATED BY THE RETIREMENT RATE METHOD p. p. 29
SCHEDULE 4. ORIGINAL LIFE TABLE CALCULATED BY THE RETIREMENT RATE METHOD Experience Band 2010-2019 Placement Band 2005-2019

AI summary This document presents Schedule 4, which contains an original life table calculated using the retirement rate method, covering experience bands from 2010-2019 and placement bands from 2005-2019.

N-35Evidence - Bates White - Redacted 9 passages
10 Q. On what issues is Bates White offering an opinion? p. p. 17
10 Q. On what issues is Bates White offering an opinion? - 11 A. The Application seeks increases in both non-fuel cost-related rates and fuel cost-related - rates. 3 Bates White was engaged to review aspects of the fuel cost-related rates...

AI summary Bates White is offering an opinion on fuel cost-related rates in NSPI's General Rate Application, including BCF, AA and BA adjustments, load forecasts, and commodity price forecasts. They are not reviewing non-fuel cost-related rates. The Reply Evidence is authored by Vincent Musco and Karen Morgan.

6 II. Summary of Fuel Cost-Related Rate Increases p. p. 17
6 II. Summary of Fuel Cost-Related Rate Increases 7 8 Q. Please generally describe how NSPI recovers fuel and purchased power costs. 9 A. NSPI's approach is complex. In short, NSPI recovers most (over 90%) of its fuel and purchased power c...

AI summary NSPI recovers most of its fuel and purchased power costs through the Fuel Adjustment Mechanism (FAM), which consists of the Base Cost of Fuel (BCF), Actual Adjustment (AA), and Balancing Adjustment (BA). The BCF is based on forecasts, while AA reconciles differences between forecasted and actual costs, and BA addresses imbalances from non-FAM customers or non-fuel costs.

Q. Please describe the fuel cost-related rate increases sought by NSPI in the current p. p. 17
Q. Please describe the fuel cost-related rate increases sought by NSPI in the current 2 Application. 1 NSPI is proposing average annual smoothed fuel rate increases for the total of FAM 3 classes of 2.3% in 2026 and -1.7% in 2027. These in...

AI summary NSPI is seeking fuel cost-related rate increases of 2.3% in 2026 and -1.7% in 2027, based on the BCF and AA/BA portions of its revenue requirement. These include BCF amounts of $1.8 billion over two years, with AA rider values at zero and BA rider values at $17.0 million in 2026 and $16.7 million in 2027. FLG costs will be incorporated into the BCF starting in 2026.

Response to NSPI (BW) IR-10 (b). p. p. 17
Response to NSPI (BW) IR-10 (b). 1 weighted-average cost of capital, which is currently 6.66%.24 NSPI expects to incur 2 interest expense on the deferral of $1.0 million in 2026 and $1.3 million.25 3 Q. Does the 2026-2027 GRA Application h...

AI summary NSPI has received support from customer representatives for its 2026-2027 GRA Application, following an extensive collaborative process that led to a settlement agreement involving various customer advocates and municipal electric utilities.

2026-2027 GRA Direct Evidence, DE-03-DE-04, page 24, lines 16-18. p. p. 23
2026-2027 GRA Direct Evidence, DE-03-DE-04, page 24, lines 16-18. 1 Q. Was the load forecast contained in the Application reviewed and approved by the 2 Board? 3 No. However, the 2024 Load Forecast was approved by the Board, and the GRA Fo...

AI summary The GRA Forecast was derived from the 2024 Load Forecast, which was approved by the Board in matter M11689. NSPI completed a more recent 2025 Load Forecast Report but will not use it for the 2026 and 2027 GRA, as the rates were based on a consensus agreement from 2024 and early 2025.

Response to NSPI (BW) IR-7 (a). p. p. 23
Response to NSPI (BW) IR-7 (a). 1 Q. What is your view of NSPI's decision to use the September 2024 GRA Forecast? 2 A. NSPI's decision to use the September 2024 GRA Forecast is reasonable. The GRA 3 Forecast uses the same methodology as th...

AI summary The response to NSPI's use of the September 2024 GRA Forecast is deemed reasonable. While the 2025 Load Forecast is more updated, it only differs from the GRA Forecast by less than 1%, so updating rates may not be necessary. The use of the GRA Forecast is justified, and major changes in the forecast would warrant an update.

101 Response to NSPI (BW) IR-7 Attachment 1, Figure 29; PARTIALLY CONFIDENTIAL 2026-2027 GRA SR-02 Attachment 1, Figure 26. p. p. 23
101 Response to NSPI (BW) IR-7 Attachment 1, Figure 29; PARTIALLY CONFIDENTIAL 2026-2027 GRA SR-02 Attachment 1, Figure 26. 2027.102 Those values represent decreases of 29.4% and 20.8% in 2026 and 2027, respectively, as compared with 2024...

AI summary The document discusses a response to a rate application, focusing on load forecast values and fuel cost-related rate increases. It mentions a 29.4% and 20.8% decrease in load forecast values for 2026 and 2027, respectively, compared to 2024, and questions whether NSPI correctly calculated fuel cost-related rates, including the BCF.

Preamble p. p. 23
A. Yes. We found no errors in NSPI's calculations. We were able to track NSPI's BCF amounts and were also able to understand and track NSPI's translation of the BCF amounts to the proposed BCF rates, subject to the limitations we explain a...

AI summary The document confirms that NSPI's BCF calculations were reviewed and found to be accurate. The BCF fuel rates for 2026 and 2027 were set to have an over-collection in 2026 and under-collection in 2027 to moderate rate increases. The GRA application was the result of a collaborative process between NSPI and customer representatives, leading to a Settlement Agreement that includes commitments to mitigate rate impacts.

VI. Assessment of NSPI's AA and BA Adjustments p. p. 23
VI. Assessment of NSPI's AA and BA Adjustments - Q. What is the purpose of this section of your Evidence? - A. In this section, we review NSPI's presentation and calculation of the overall rate increases for fuel and purchased power costs...

AI summary This section discusses NSPI's AA and BA adjustments for 2026 and 2027, noting that AA amounts are zero, while BA amounts are $17.0 million and $16.7 million respectively. These figures are subject to revision and will be finalized in an upcoming filing. The Settlement Agreement supports efforts to smooth rate changes, and NSPI plans to file AA/BA calculations in Q4 2025.

N-36Evidence - MPA 3 passages
Credit-related Issues Raised in the Application p. p. 4
Credit-related Issues Raised in the Application - Like all utilities, NSPI makes use of both debt and equity in its capital structure. Several issues were - raised relevant to debt in the Application: - A. NSPI's credit rating is currently...

AI summary NSPI argues that approval of its requested Revenue Requirements for 2026 and 2027 and average rate increases is essential to improving its credit ratings, which are currently at the low end for North American utilities. It also claims that resolving the proposed securitization of the Decarbonization Deferral Account will contribute to this improvement.

6. Summary Observations p. p. 19
6. Summary Observations - Is NSPI in danger of a credit downgrade if the requested rate increases are denied? - NSPI is currently rated by S&P Global at BBB- (with a similar rating from DBRS). This is the lowest level - that is still "inve...

AI summary The document discusses concerns about Nova Scotia Power Inc. (NSPI) potentially facing a credit downgrade if requested rate increases are denied. It highlights the financial impact of such a downgrade, including higher debt costs and covenant breaches, while also questioning whether ratepayers should accept higher rates to achieve credit rating upgrades.

Detailed Experience p. p. 19
Detailed Experience August 2005 – Present Managing Director, MPA Morrison Park Advisors Inc. - Focus on utility and energy sector clients, and on infrastructure projects, crown corporations, and cleantech (MPA also covers mining, technolog...

AI summary The text outlines the professional experience of an individual who has served as an expert witness and consultant in various regulatory and utility-related proceedings across Canada, including matters related to cost of capital, rate applications, and infrastructure projects such as the Maritime Link and Muskrat Falls.

N-37Evidence - Synapse - Redacted 12 passages
Section 3
- Q. Please provide your name, title, and business address. - A. My name is Caroline Palmer. I am a Principal Associate at Synapse Energy Economics - ("Synapse"), located at 485 Massachusetts Avenue, Suite 3, Cambridge, MA 02139. - Q. Plea...

AI summary Caroline Palmer, a Principal Associate at Synapse Energy Economics, provides expert witness and consulting services in regulatory proceedings, focusing on issues such as cost-of-service studies, rate design, and distributed energy resource interconnection. She has extensive experience working with public interest clients and various government agencies.

21 Q. Please describe your conclusions and recommendations.
21 Q. Please describe your conclusions and recommendations. 20 II. SUMMARY OF CONCLUSIONS AND RECOMMENDATIONS 19 Company") cost of service study. 18 A. The purpose of this evidence is to address Nova Scotia Power's ("NS Power" or "the 17 Q...

AI summary The testimony addresses the misclassification of distribution system costs by NS Power using the minimum size method, which inflates residential customer costs. It recommends adopting the Basic Customer Method instead, aligning costs more accurately with customer numbers and directly related expenses like metering and billing.

Preamble
However, considering the context of NS Power and parties' consensus agreement in this case, I recommend that the Board direct that use of the minimum system method – and several other COSS and rate design methodologies – be subject to a fu...

AI summary The text suggests that the use of the minimum system method and other COSS and rate design methodologies should be reconsidered in a future proceeding, given the context of NS Power and the consensus agreement among the parties involved.

III. COST OF SERVICE STUDY
III. COST OF SERVICE STUDY - Overview of Cost of Service Studies - Q. What is the purpose of a COSS? - A. A COSS is used to assign the utility's revenue requirement to each customer or rate class in proportion to the costs imposed on the s...

AI summary The purpose of a Cost of Service Study (COSS) is to allocate the utility's revenue requirement to customer classes based on the costs they impose on the system. The study involves functionalizing costs, classifying them based on cost drivers, and allocating them fairly. Concerns were raised about NS Power's use of a flawed minimum system methodology for classifying distribution costs.

5 Q. What is the minimum system study?
us NSP COSS Consultation Repo1t p.37-38. 3 N-9: 2026-2027 GRA Appendix 12B - Elenchus NSP COSS Consultation Repo1t p.37. 4 2026-2027 GRA SR-01 Att 02 PCON EO Exhibits 3c, 3e, 3g. - I discuss each concern sequentially. - Q. Why doesn't the...

AI summary The Company defines customer-related costs as varying with the number of customers served, but the minimum system methodology classifies many distribution plant costs as customer-related even though they are driven more by demand and geography than by the number of customers. This discrepancy is highlighted with examples of new customer additions and their impact on distribution costs.

1 nlllllber of customers will allocate the majority of these costs to the residential class. In
1 nlllllber of customers will allocate the majority of these costs to the residential class. In 2 contrast, the COSS assigns demand-related costs based on the relative class non 3 coincident peak demand (NCP), to which the residential clas...

AI summary The discussion focuses on cost allocation methods for poles and wires, comparing customer-based and demand-based approaches. It critiques the minimum system method for being unreliable and recommends the Basic Customer Method as a more intuitive and data-based alternative for distributing costs.

Section 14
includes only costs that are directly related to the number of customers on the system. Specifically, the Basic Customer Method generally classifies only costs associated with services, meters, meter reading, and billing as customer-relate...

AI summary The Basic Customer Method is used to classify costs directly related to the number of customers, such as services, meters, and billing. Multiple U.S. regulatory bodies have rejected the minimum system method, emphasizing that primary and secondary distribution costs should be classified as demand-related. Examples include commissions in Rhode Island, Maryland, Arkansas, and Illinois.

Section 16
nsas Public Service Commission). Lazar, J. et al., Electric Cost Allocation for a New Era: A Manual. Montpelier, VT: Regulatory Assistance Project (2020) (Hereafter: "RAP Electric Manual"). at 145 - classification and allocation methodolog...

AI summary The text discusses the classification and allocation methodologies for distribution system costs, referencing the rejection of minimum size studies by the Michigan Public Service Commission and suggesting a hybrid classification method if the Basic Customer Method is not approved. It emphasizes aligning cost methodologies with system cost drivers and differentiating between primary and secondary distribution costs.

Section 19
Ontario Energy Board. Cost Allocation: Board Directions on Cost Allocation Methodology for Electricity Distributors. September 2006. At 53-55. https://www.oeb.ca/documents/cases/EB-2005- 0317/report directions 290906.pdf. Ontario Energy Bo...

AI summary The text references cost allocation methodologies used by other utilities, such as Northern States Power Company (Xcel Energy) and National Grid, in their rate cases. Xcel Energy has assumed a load carrying capacity of 1.5 kW per customer, while National Grid proposed allocating no demand-related costs to residential and small commercial customers.

Section 21
of Northern States Power Company for Authority to Increase Rates for Electric Service in Minnesota. November 1, 2024. Exhibit___(CJB-1), Schedule 8 p.9 (PDF p.126). Provided as Attachment LFE-83-1. - Redacted Evidence of Caroline Palmer Th...

AI summary The discussion addresses the minimum system study and its implications, including the allocation of demand-related costs and the recommendation for a load carrying capacity adjustment. Industry literature is referenced to support the view that minimum-size distribution equipment can be a demand-related cost. The impact of using the basic customer distribution classification on the Cost of Service Study (COSS) is also raised.

8 Table 1. 2026 R/C Ratio Under Different Classification Methods
8 Table 1. 2026 R/C Ratio Under Different Classification Methods Rate Class Company's COSS Basic Customer Method Domestic 0.90 0.92 Small General 0.96 0.99 General 1.03 0.96 Large General 1.09 1.05 Small Industrial 1.03 0.97 Medium Industr...

AI summary Table 1 presents the 2026 R/C Ratio under different classification methods for various rate classes, comparing the company's COSS with the Basic Customer Method. The data shows variations in ratios across domestic, industrial, and municipal rate classes.

Section 27
y explains that both NS Power and numerous customer representatives 14 support the outcomes requested in this GRA and that the parties do not require and are 36 2026-2027 GRA SR-01 Att 08. - Redacted Evidence of Caroline Palmer not seeking...

AI summary The witness explains that the consensus among parties in the GRA does not alleviate concerns about the Company's COSS methods, particularly the use of the minimum system methodology. They argue that acceptance of negotiated terms may not reflect endorsement of individual provisions and that concerns raised during the stakeholder process were not fully addressed.

N-41Opening Statement - AEC 1 passage
1. Affordability: Low-Income Households require support to survive a rate hike
1. Affordability: Low-Income Households require support to survive a rate hike The issue of affordability most affects low-and-modest-income households. They are the ones who face disconnection most often, and who most often must choose am...

AI summary The document highlights the affordability challenges faced by low-and-modest-income households in Nova Scotia due to rising energy costs. It references Ontario's Electricity Support Program and recommends the adoption of a similar Home Energy Affordability Program in Nova Scotia. The program includes on-bill credits, arrears management, and energy efficiency initiatives. Despite recommendations from the Energy Poverty Task Force, the government has not acted on this proposal.

N-43Nova Scotia Power announces settlement reached with customer groups 1 passage
Preamble p. p. 0
[OUTAGE](https://www.nspower.ca/outages) CENTRE [WAYS](https://www.nspower.ca/ways-to-pay) TO PAY START, STOP, MOVE [SERVICE](https://www.nspower.ca/your-home/create-manage-account/start-stop-move) [CUSTOMER](https://www.nspower.ca/custome...

AI summary Nova Scotia Power has reached a settlement with customer representatives regarding an upcoming General Rate Application (GRA). The GRA includes rate increases for 2026 and 2027, supported by reliability investments. The settlement includes the continuation of a 9% Return on Equity target and a 40% maximum equity thickness. The NSEB will evaluate the GRA and determine future rates.

N-44STATE OF CONNECTICUT PUBLIC UTILITIES REGULATORY AUTHORITY 65 passages
C. CONDUCT OF THE PROCEEDING p. p. 4
C. CONDUCT OF THE PROCEEDING On October 1, 2024, UI submitted formal notice of its intent to file an application to amend its existing rate schedule. On November 12, 2024, the Company filed the 1 The 9.10% ROE reflects a 47 basis points re...

AI summary The document outlines the procedural steps taken by the Authority in handling UI's application to amend its rate schedules, including hearings, audits, and the submission of motions and briefs. Key events include the filing of the application, revenue audits, public comment hearings, and the issuance of a proposed final decision.

E. POSITION OF THE PARTIES AND INTERVENORS p. p. 6
ated that a revenue increase of $63.7 million "is sufficient to enable the Company to operate its business and continue providing excellent service to its customers in Connecticut." Id., Ex. 1, p. 6. OCC actively participated in this proce...

AI summary OCC actively participated in the proceeding, recommending the rejection of UI's rate increase application and proposing a lower rate of return, disallowing certain expenses, and addressing customer service incentives and unjustified plant investments.

F. PUBLIC COMMENT p. p. 8
acknowledged concerns for high energy costs for residents and businesses but nonetheless offered support for investments in electrical service in order to maintain reliability. Id., 18:13–15, 19:1–5. The second in-person public comment hea...

AI summary Public comment hearings were held regarding energy costs and infrastructure investments. Attendees raised concerns about high rates for fixed-income households and the potential unaffordability of future increases. Some suggested canceling on-peak and off-peak programs and questioned the need for investments in a monopoly. Others supported infrastructure updates but requested transparency and future planning.

A. SUMMARY p. p. 12
A. SUMMARY Rate base is a fundamental concept of cost-of-service ratemaking. Rate base is the investor-supplied facilities and other investments necessary to supply a utility service to consumers in a safe, reliable, and cost-effective man...

AI summary Rate base is central to cost-of-service ratemaking, representing the capital on which a return is earned. It is determined by proving that the utility's plant is in use and serving the public and that the capital investment was prudent and reasonable. Legal precedents and statutes support this approach.

iv. Pole Attachment Make-Ready Capital Costs p. p. 20
ompany concluded that the investments were non-billable; and most importantly, [determine] why the Company incurred such extraordinary costs to accommodate third party attachments." OCC Brief, p. 132. OCC further argues that the Company fa...

AI summary The OCC argues that the Company improperly allocated make-ready costs to ratepayers, failing to follow the Authority's directive in Docket No. 19-01-52RE01 to equitably share costs among attachers when the cause of a safety violation cannot be determined. The Company's practice is seen as inefficient and not in line with regulatory decisions.

v. Barnum Avenue Bridge Replacement Project p. p. 24
llowing such requests in future, the Authority will consider the status of previously allowed projects, which may indicate whether the Company's ability to forecast future needs should be relied upon. information about (1) the anticipated...

AI summary The Authority will consider the status of previously allowed projects when evaluating future requests, focusing on the Company's ability to forecast future needs. The text also requests information on the anticipated cost of completing the plant, its potential use, and whether it was prudently constructed.

6. Plant-in-Service Reconciliation Mechanism p. p. 29
6. Plant-in-Service Reconciliation Mechanism With regard to the future period plant additions, the Company proposes a reconciliation mechanism that it states will be used as one of the "guardrails" to "prevent customers from paying for pla...

AI summary The Company proposes a downward-only reconciliation mechanism for future plant additions to prevent customers from paying for unmaterialized investments. However, the Authority declines the proposal, arguing that future plant additions are not yet used and useful and should not be included in the base rate of return calculation, citing a legal precedent.

ii. Collections Lag p. p. 32
ii. Collections Lag The Collections Lag is a component of the Company's proposed revenue lag computation. Interrog. Resp. RSR-266, Att. 1. In the instant proceeding, the Company proposes the same collections lag of 44.27 days that it used...

AI summary The Company proposes a collections lag of 44.27 days based on 2021 data, but the Authority finds this reliance on outdated data unpersuasive. Using 2023 data, the collections lag is 41.86 days, leading to a reduction in CWC by $1,769,819.

5. Bond Yield Risk Premium p. pp. 74-75
5. Bond Yield Risk Premium The Company also proposed using the bond yield plus risk premium (BYPRP) model for determining ROE. Ex. UI-AEB-1, pp. 33–37. The BYPRP approach "is based on the fundamental principle that equity investors bear th...

AI summary The Company proposed using the bond yield plus risk premium (BYPRP) model to determine return on equity (ROE). However, the Authority rejected the BYPRP approach, citing its reliance on Commission-allowed ROEs rather than market-based methods like DCF or CAPM, and noting that it is not widely accepted in utility ratemaking.

a. Introduction p. p. 84
a. Introduction The approved ROE is based on a similarly situated electric utility providing expert, efficient, and prudent management of the utility franchise; therefore, the Authority must consider whether to adjust the ROE for the Compa...

AI summary The Authority concludes that a 20 basis point reduction to the Company's allowed ROE is necessary due to its deficient performance in managing parts of its utility franchise, aiming to incentivize improvement and balance investor and consumer interests.

i. Background and AMI Plan Requirements p. pp. 90-91
i. Background and AMI Plan Requirements As part of its broader efforts to accelerate the modernization of Connecticut's electric grid in innovative, cost-effective, and equitable ways, the Authority previously identified the deployment and...

AI summary The Authority emphasizes the importance of Advanced Metering Infrastructure (AMI) in modernizing Connecticut's electric grid. A Benefit Cost Analysis (BCA) is required in each EDC's AMI Plan to ensure that AMI investments align with economic, environmental, and policy goals, and to monitor actual costs and benefits.

iii. Due Process p. p. 95
ed in an agency proceeding when a majority of the members of the agency who are to render the final decision have not heard the matter or read the record, and the decision will be adverse to a party). Moreover, to the extent the Authority...

AI summary The document discusses due process considerations in a regulatory proceeding, emphasizing that parties had the opportunity to argue against the Authority's intended actions, including ROE reductions related to deficiencies in the Company's AMI Plan and BCA. The Authority finds no due process issues due to lack of notice.

i. DERMS Proposal p. p. 96
i. DERMS Proposal On March 14, 2024, UI, together with Eversource, submitted a plan to allow multiple Distributed Energy Resource Management Systems (DERMS) to participate in the Energy Storage Solutions (ESS) Program. UI Order No. 19 Comp...

AI summary UI and Eversource submitted a plan to allow multiple DERMS to participate in the ESS Program, but UI failed to comply with the Authority's directive to develop a centralized DERMS platform in its next rate case application. UI attributes the non-compliance to PURA's reduction in operations and maintenance expenditures from its last rate case.

ii. Water Heater Rental Program p. pp. 97-99
ii. Water Heater Rental Program As also discussed in Section [VI.A.17.j,](#page-185-0) [Water Heater Rental Program,](#page-185-0) below, in the Company's last rate case the Authority ordered UI to close participation to new customers in i...

AI summary The Water Heater Rental Program was ordered to be phased out by the Authority due to its unsustainability. The Company requested a new cost recovery mechanism for the phase-out, but the Authority declined and directed the program's phase-out to be completed by September 1, 2025.

1. Summary p. p. 100
1. Summary Allowable operating expenses must "reflect prudent and efficient management of the franchise operation." General Statutes § 16-19e(a)(5). Therefore, those expenses that are reasonable and necessary to provide service to the publ...

AI summary The document outlines the criteria for allowable operating expenses, emphasizing the need for prudence and efficiency. The Company proposed O&M expenses of $184,902,644, but the Authority approved $166,405,683 after adjustments, citing the need for expenses to be reasonable, necessary, and supported by evidence.

2. Inflation Adjustment p. pp. 101-102
2. Inflation Adjustment The Company proposes to escalate a number of Test Year expenses using an inflation adjustment factor of 8.15%, resulting in a pro forma expense of $4,505,562. Late Filed Ex. 1, Att. 2, Sch. WP C-3.0, p. 2; Sch. WP C...

AI summary The Company proposes using an 8.15% inflation adjustment factor to escalate Test Year expenses, but the Authority rejects this approach as imprecise and not sufficiently measurable. The Authority emphasizes that specific cost escalations must be justified with evidence and that generic inflation adjustments are not acceptable unless supported by reasonable and measurable data. However, in some cases, the Authority allows limited adjustments despite the Company's lack of supporting evidence.

b. Active and Final Collections p. p. 102
b. Active and Final Collections The Company proposes a $237,748 expense for the Rate Year for Active and Final Collections, which is the Company's $226,457 Test Year amount, a ($6,620) pro forma adjustment to the Test Year amount attribute...

AI summary The Company proposed a $237,748 expense for Active and Final Collections, including a $17,911 inflation adjustment. The Authority rejected the inflation adjustment as not reasonable or measurable and approved $219,837 instead, citing insufficient evidence to support the adjustment and noting that collections expenses are influenced by variables like commissions and future RFPs for legal collections.

g. Credit Card Fees p. pp. 104-107
g. Credit Card Fees The Company proposes $1,892,932 in credit card fee expenses for the Rate Year, which is an expense for which the Company did not report a Test Year expense but expects to incur in the Rate Year. [58](#page-107-0) Late F...

AI summary The Company proposes $1,892,932 in credit card fee expenses for the Rate Year, which it expects to incur but did not report in the Test Year. It seeks to use these expenses as a baseline for a deferral mechanism to be trued-up in the next rate case, citing the 22-08-08 Decision. However, the Authority allows recovery of $1,827,877 but refuses to defer these expenses for future years.

i. Customer Programs p. pp. 108-109
i. Customer Programs The Company proposes $157,409 in customer programs expenses for the Rate Year, which is the Company's $139,572 Test Year expenses plus a $5,978 pro forma adjustment and an $11,859 inflation adjustment. Sch. WP C-3.03....

AI summary The Company proposes $157,409 in customer programs expenses for the Rate Year, including adjustments for inflation and pro forma costs. The Authority allows recovery of $145,550, citing the lack of reasonable justification for the proposed inflation adjustment. The Company disputes the Authority's finding of double counting but provides no supporting evidence.

d. Services Performed by Affiliates p. p. 115
r whether the reported rate case expenses relate to the current proceeding or the Company's last rate case in Docket No. 22-08-08, the reported rate case expenses are not recoverable in the Rate Year. Rate case expenses incurred in relatio...

AI summary The Authority disallows $245,312 in reported expenses related to affiliate support of rate case efforts, citing General Statutes § 16-243p(b), which bars recovery of rate case expenses for proceedings initiated on or after January 1, 2024. Expenses related to prior proceedings are deemed nonrecurring and not expected to be incurred in the Rate Year.

d. Audit Expense p. pp. 118-119
d. Audit Expense The Company seeks to recover $1,124,867 in direct audit expenses for the Rate Year, which is the Company's $1,040,122 reported Test Year expense plus an $84,745 inflation adjustment. Late Filed Ex. 1, Att. 2 Supp., Sch. WP...

AI summary The Company seeks to recover $1,124,867 in audit expenses for the Rate Year, but the Authority allows only 50% of the direct audit expenses, excluding an $84,745 inflation adjustment. The Authority determines that shareholders should bear the remaining 50% of the audit costs, citing the interests of ratepayers and stakeholders.

f. IT, Security, & Safety p. pp. 119-121
f. IT, Security, & Safety The Company proposes $665,826 in Rate Year IT, security, and safety expenses, which is the Company's $615,665 Test Year expense plus a $50,161 inflation adjustment. Sch. WP C-3.06. The Authority permits the Compan...

AI summary The Company proposed $665,826 in IT, security, and safety expenses for the Rate Year, but the Authority allowed only $513,375, disallowing $110,565 in nonrecurring expenses related to an additional security guard and $41,824 in inflation adjustments due to inconsistent historical spending.

h. Legal Expense p. p. 122
unlawful or unwarranted legal outcomes that affect the Company's ability to provide safe and reliable service to customers and meet its underlying public-service obligation." Interrog. Resp. OCC-561. The Company has already litigated an ad...

AI summary The Company has already litigated an appeal of the 22-08-08 Decision, which was largely dismissed by the Superior Court, resulting in nonrecurring legal expenses that will not recur in the Rate Year.

i. UPZ Expense p. pp. 124-125
any's interim rate application in Docket No. 22-08-08, and appellate costs in relation to Docket No. 20-08-03. Late Filed Ex. 44, Interrog. Resp. ADJ-001; Interrog. Resp. ADJ-002; Hr'g Tr., 904:17–25. The Company states that its UPZ progra...

AI summary The Company's UPZ program, in place since 2014, involves trimming trees and limbs near utility infrastructure. The Authority directed the implementation of a new trimming priority sequence and a four-year work plan (2024-2027) with specific budget and cost requirements. The UPZ plan was later determined to comply with these directions.

ii. RM Expense p. p. 125
ii. RM Expense The Company proposes $1,463,325 in RM expenses for the Rate Year, which is the Company's $1,353,082 Test Year expense plus a $128,243 inflation adjustment. The Authority allows $1,477,599 in RM expense for the Rate Year. The...

AI summary The Company requested $1,463,325 for RM expenses, including an inflation adjustment, but the Authority approved $1,477,599. The Authority found that using a generic inflation factor was inappropriate due to existing contract escalation factors. The RM program addresses hazardous conditions and customer requests and is separate from the UPZ program.

7. Storm Expense p. pp. 125-126
7. Storm Expense The Company proposes $6,623,074 in storm expenses for the Rate Year, which is the Company's $9,531,643 Test Year amount less a $2,908,569 Test Year pro forma adjustment. Late Filed Ex. 1, Att. 2 Supp., Sch. C-3.07. The Com...

AI summary The Company proposes $6,623,074 in storm expenses for the Rate Year, including minor storm expenses, a Handy Whitman adjustment, major storm expenses, and an annual storm reserve. The Authority allows $6,188,125 in storm expenses for the Rate Year. Previously, storm expenses were categorized by type, but the Company has now consolidated all storm activity into a new schedule.

c. Major Storms p. pp. 127-129
c. Major Storms The Company states that there is no incremental major storm activity, either expense or deferral, reflected in the Rate Year on Schedule C-3.07a; however, it reflects a $14,844 Rate Year expense for major storms in this Sch...

AI summary The Company claims there is no incremental major storm expense in the Rate Year, but Schedule C-3.07a shows a $14,844 expense. The Authority disallows this amount, citing double recovery as the Company already has a cost recovery mechanism for major storms through storm deferral.

d. Storm Reserve p. p. 129
d. Storm Reserve Lastly, the Company is not requesting any changes to its $2,000,000 storm reserve currently collected in rates to offset major storm expenses. Late Filed Ex. 1, Att. 2 Supp., Sch. WP C-3.07a; Revenue Requirements Panel Reb...

AI summary The Company is not requesting changes to its $2,000,000 storm reserve, which is used to mitigate rate shocks from major storm recovery costs. The Authority approves the continuation of the reserve, noting its effectiveness in encouraging the Utility Industry to prepare for potential storms.

a. Operational Smart Grids p. p. 132
a. Operational Smart Grids The Company proposes $2,608,107 in OSG expenses for the Rate Year, which is the Company's $1,774,562 Test Year expense plus a $833,545 Rate Year adjustment. Late Filed Ex. 1, Att. 2 Supp., Sch. C-3.09 WP. The Tes...

AI summary The Company requested $2,608,107 in OSG expenses for the Rate Year, including $1,774,562 from the Test Year and an $833,545 adjustment. The Authority found that only $1,774,562 from the Test Year and $688,961 in new Rate Year expenses were reasonable, approving a total of $2,463,523 for recovery.

b. Customer Service p. p. 132
b. Customer Service The Company proposes $607,663 in customer service-related computer expenses for the Rate Year, which is the Company's $561,833 Test Year expense plus an inflation adjustment. Late Filed Ex. 1, Att. 2 Supp., Sch. WP C-3....

AI summary The Company proposed $607,663 in customer service-related computer expenses for the Rate Year, including an inflation adjustment. The Authority permitted recovery of $409,401 after determining that certain vendors would not be used and that an inflation adjustment was inappropriate.

i. Test Year FTEs p. p. 139
i. Test Year FTEs The Authority finds that the Company's 529.14 Test Year FTEs are reasonable. Late Filed Ex. 1, Att. 2 Supp., Sch. WP C-3.15, p. 1.

AI summary The Authority determines that the Company's 529.14 Test Year FTEs are reasonable, citing a specific exhibit and page reference.

c. Non-Executive Employee Incentive Compensation p. p. 144
se in FTEs, while the remainder of the increase is attributable to the normal annual merit increase to base payroll since incentive pay is based upon a percentage of base payroll. Ex. UI-RRP-1, p. 58. Non-union employees receive incentive...

AI summary The document discusses the Company's Annual Performance Award (APA) Plan for non-union employees, which is based on achieving company objectives and includes a 1,000-point structure tied to Avangrid, business area, and individual performance. Incentive compensation is determined by ratings in each area, with payouts based on the employee's base pay and points earned.

d. Workers Compensation Expense p. p. 144
d. Workers Compensation Expense The Company proposes a workers compensation expense of $426,356, or $433 per employee, for the Rate Year. Late Filed Ex. 1, Att. 2 Supp., Sch. WP C-3.16e. Based on the evidence presented, the Authority finds...

AI summary The Company proposed a workers compensation expense of $426,356 for the Rate Year, but the Authority approved a lower amount of $424,923 after considering evidence and adjusting for a reduction in Full Time Equivalents. The Authority found the Company's projection of $433 per employee reasonable.

v. Student Loan Payments p. p. 147
v. Student Loan Payments The Company proposes a $15,976 student loan payment expense for the Rate Year, which is the Company's $14,772 Test Year expense plus a $1,204 inflation adjustment. Late Filed Ex. 1, Att. 2 Supp., Sch. WP C-3.16g. T...

AI summary The Company seeks to recover $15,976 in student loan payments for the Rate Year, but the Authority disallows the expense, stating the Company has not demonstrated that the program is reasonable or necessary for safe and reliable service or maintaining staffing levels.

Preamble p. pp. 151-232
age share of total revenue, less the commodity (such as excluding Generation Services Charge revenue for UI), payroll, and net plant-in-service plus construction work in progress. Ex. UI-RRP-1, p. 36. UI further allocates its costs between...

AI summary The document discusses how UI allocates its costs between distribution and transmission business segments, including the use of FERC-approved allocations for determining revenue requirements and wage allocators. It highlights the inclusion of various rate mechanisms in the distribution wage allocator calculation.

b. Massachusetts Formula Allocation p. pp. 152-153
b. Massachusetts Formula Allocation In the present case, the Company allocated certain costs to its combined transmission and distribution business segments by computing and applying a Massachusetts Formula allocator of 61.78%. Late Filed...

AI summary The Company used a Massachusetts Formula allocator of 61.78% and 63.93% for cost allocation to its transmission and distribution segments, but the Authority adjusted the 63.93% to 62.73% using Test Year data and corrected the methodology to exclude rate adjustment mechanism profit centers. This adjustment led to a disallowance of $643,415, and the Company will use the revised method for future rate calculations.

c. Severance Payments p. p. 153
c. Severance Payments The Authority does not permit the Company to recover $45,818 in severance expenses allocated to UI in the Rate Year. Interrog. Resp. OCC-346 Supp. The Company asserts that employment contracts with severance arrangeme...

AI summary The Authority denies the Company's request to recover $45,818 in severance expenses, finding that the Company has not demonstrated that such payments are recurring, known, or measurable. The Authority also notes that the Company's claims are anecdotal and unsupported by data.

k. Inflation p. pp. 155-157
k. Inflation The Authority concludes that the Company failed to demonstrate that its proposed $676,198 inflation adjustment for corporate services expenses represents a reasonable known and measurable adjustment and, accordingly, does not...

AI summary The Authority rejects the Company's proposed $676,198 inflation adjustment for corporate services expenses, citing a lack of reasonable, measurable justification and noting a decline in corporate service charges over the past five years.

i. Summary p. p. 157
243,865, and a portion of compensation expense for 54 AMC and ASC executives was allocated to the Company for a total of $2,831,543. Late Filed Ex. 23, Att. 1, 2023 Test Year; Hr'g Tr., 546:23–547:2. Executive compensation is allocated to...

AI summary The document discusses the allocation of executive compensation for the Company, including fixed and variable components, and how a portion is recovered in base rates. It outlines the use of consumption drivers and the Massachusetts formula for allocation, and notes that only 75% of UI executive compensation is approved for recovery in base rates.

ii. Performance Metrics p. pp. 160-161
uthority finds it is necessary and appropriate to connect some portion of the recovery of UI, AMC, and ASC executive compensation from UI ratepayers to achievement of certain customer-focused metrics. The Authority will use the performance...

AI summary The Authority links the recovery of executive compensation from UI, AMC, and ASC to customer-focused performance metrics, aiming to increase accountability. Metrics are used to measure UI's performance, with recovery depending on meeting or exceeding these metrics. The Historical Period is defined as the average from 2021 to 2025, or the Test Year if data is unreliable.

g. Travel Expense p. p. 166
g. Travel Expense The Company proposes $1,015,051 in Rate Year travel expenses, which is the Company's $961,573 Test Year expense, a ($22,993) pro forma adjustment to remove entertainment costs barred from recovery under General Statutes §...

AI summary The Company proposed $1,015,051 in travel expenses for the Rate Year, but the Authority rejected the $76,471 generic inflation adjustment due to insufficient evidence of its reasonableness. The approved amount is $938,580, after removing entertainment costs and adjusting for inflation.

h. Other O&M p. p. 166
h. Other O&M The Company proposes that it recover $4,750,911 in the Rate Year for "other O&M" expenses, which is the Company's $5,731,385 Test Year expense, a ($1,338,395) pro forma adjustment, plus a $357,921 inflation adjustment. Late Fi...

AI summary The Company proposed to recover $4,750,911 in 'other O&M' expenses for the Rate Year, but the Authority determined that the Company did not justify using a generic inflation factor. The Authority approved a reduced recovery of $4,392,990, reflecting a pro forma adjustment.

a. Summary p. p. 168
a. Summary The Authority includes the amortized recovery of certain deferred costs, with carrying costs, as expenses in the Company's revenue requirement. This method of recovery outside of rate base will allow the Company to recover its o...

AI summary The Authority permits the amortized recovery of certain deferred costs as expenses in the Company's revenue requirement over a three-year period. If the Company does not amend its rate schedules by 2028, it must account for any overcollection and propose a revised rate adjustment mechanism (RDM) rate in its 2029 filing.

Table 68: Property Tax Adjustment – Test Year Plant-in-Service p. pp. 189-190
Table 68: Property Tax Adjustment – Test Year Plant-in-Service Line Description Value 1 Plant-in-Service Adjustment ($3,392,530) 2 Months of Depreciation Assumed 33 3 Monthly Depreciation Rate 0.2358% 4 Total Change in Depreciation Reserve...

AI summary The document discusses the Property Tax Adjustment for the Test Year Plant-in-Service, detailing calculations involving depreciation reserves, distribution plant additions, and adjustments based on assessment percentages. The Authority assumed different depreciation periods for various disallowance periods, and the Company's plant activity was multiplied by 33% to reflect the fiscal year 2026-2027 in the rate year.

Table 76: Approved Revenue Requirement p. pp. 194-195
Table 76: Approved Revenue Requirement Section Revenue Component Amount ($) IV.A Allowed Rate Base 1,354,956,818 V.A Weighted Average Cost of Capital 7.040% Allowed Cost of Capital 95,388,960 Allowed Expenses: VI.A Operations & Maintenance...

AI summary Table 76 outlines the Approved Revenue Requirement, including the allowed rate base, cost of capital, and various expenses such as operations, depreciation, and taxes. Section VIII introduces the topic of rate design, indicating a focus on how rates are structured.

A. LEGAL STANDARD p. p. 195
A. LEGAL STANDARD The Authority is statutorily charged with regulating the rates of Connecticut's public service companies and UI is a public service company within the meaning of General Statutes § 16-1. General Statutes § 16-19. Conseque...

AI summary This section outlines the legal framework for rate regulation in Connecticut, emphasizing the Authority's duty to ensure rates are just, reasonable, and adequate while promoting revenue stability and equitable distribution. The Authority uses principles such as cost causation, rate class equalization, and gradualism to avoid sudden rate shocks and undue burdens on low-income customers.

2. UI's Delivery & Customer Forecasts p. p. 196
2. UI's Delivery & Customer Forecasts The Company utilized econometric modeling for its sales forecasts for all rate classes, with the exception of street lighting. Econometric modeling applies statistical techniques, such as linear regres...

AI summary UI used econometric modeling and historical data to forecast electric delivery and customer growth, factoring in variables like price, weather, and economic trends, while adjusting for distributed energy resources and electrification impacts. The forecast shows a slight increase in residential customers and a decline in industrial and street lighting customers.

C. COST-OF-SERVICE STUDY p. pp. 198-199
C. COST-OF-SERVICE STUDY The Company filed an allocated cost-of-service study (ACOSS) based on the historical test year and rate year costs and revenues. Application, Ex. UI-BR-1, p. 12. The Company's proposed ACOSS utilizes the Minimum Sy...

AI summary The Company submitted an allocated cost-of-service study using the Minimum System Study approach, classifying distribution assets into customer- and demand-related costs. The Authority requested alternative models that calculate per-customer load-carrying capacity, leading to adjustments in how demand-related costs are allocated. CIEC supports the use of the MSS approach, while OCC applied a universal load-carrying capacity adjustment based on scenarios from Minnesota and Ontario.

Section 508 p. p. 200
secondary distribution plant. The Authority affirms the Company's proposed classification of AMI meters as 100% customer-related, which is consistent with cost causation principles, as argued by CIEC. The MSS approach is a just and reasona...

AI summary The Authority affirms the classification of AMI meters as 100% customer-related. The MSS approach is deemed just and reasonable, but the minimum system's load-carrying capacity should be considered when allocating residual demand-related costs. The Company did not account for this and failed to quantify the equal benefit all customers receive from the minimum system.

D. COST ALLOCATION p. pp. 202-203
D. COST ALLOCATION The Company used non-coincident peak (NCP) demand to allocate demandrelated costs from the ACOSS to each customer class, except for costs associated with distribution substations, for which the Company used class-wide co...

AI summary The Company used non-coincident peak (NCP) demand and class-wide coincident demand with system peak (1CP) to allocate demand-related costs, except for distribution substations. The Authority directed the use of alternative allocators using AMI data, but the Company found them similar to NCP and 1CP. To achieve equalized rates of return, the Company adjusted its model, violating the Authority's 125%/75% rule.

Section 517 p. pp. 204-205
(125% of the class average increase) or the rate increase at equal rates of return (whichever is lower). Interrog. Resp. OCC-362, Att. 38 Second Rev. Supp. The Company then eliminates rate decreases (which occur in cases where the revenue...

AI summary The document discusses two revenue allocation approaches for rate classes. The Company's method involves eliminating rate decreases and manually adjusting residential rates to balance revenue, resulting in 50% of the class-wide average increase. The Authority prefers an alternative approach that uses a minimum increase threshold and adjusts excess revenue proportionally, adhering to a 75/125 rule.

1. Time of Use Rates p. pp. 209-216
1. Time of Use Rates In the Company's previous rate case, the Authority directed the Company to propose TOU rates with a shorter, more concentrated on-peak time, an appropriate price differential between on- and off-peak rates consistent w...

AI summary The Company's proposal for Time of Use (TOU) rates includes near-term opt-in rates and end-state opt-out rates, but lacks a concrete implementation date. It also proposes using the ACOSS results to allocate revenue requirements, though the Authority identified anomalies in the rate design model.

3. Maximum Residential Customer Charge p. pp. 217-218
3. Maximum Residential Customer Charge General Statutes §16-243bb, enacted in 2015, required the Authority to adjust each EDC's residential customer's [127](#page-218-2) fixed charge to recover only the fixed costs and O&M expenses "direct...

AI summary The document discusses the establishment of a Maximum Residential Customer Charge (MRCC) under General Statutes §16-243bb, enacted in 2015. It outlines the Authority's direction to EDCs to follow the MRCC Decision and submit conforming calculations. UI initially proposed a charge of $13.20, but revised it to $13.04 after a discovery request from the Office of the Chief Counsel (OCC).

1. Revenue Decoupling Mechanism p. pp. 219-220
1. Revenue Decoupling Mechanism The Authority approves the revenue elements included herein to be included as "other revenues" for purposes of the Company's Revenue Decoupling Mechanism (RDM) calculation. Generally, an EDC may only charge...

AI summary The Authority approves the inclusion of 'other revenues' in the Company's Revenue Decoupling Mechanism (RDM) calculation. These revenues include late payment fees, reconnect service fees, and others. The Authority defines 'allowed distribution revenues' and 'actual distribution revenues' and ensures that the Company's RDM calculation aligns with these definitions. The RDM is used to adjust rates annually based on over- or under-recovery of distribution revenues.

2. Earnings Sharing Mechanism p. p. 220
2. Earnings Sharing Mechanism The Company proposes that its earnings sharing mechanism (ESM) continue as it is currently constructed with two adjustments: (1) the ESM calculation should reflect UI's actual equity ratio, not its authorized...

AI summary The Company proposes adjustments to its Earnings Sharing Mechanism (ESM), including reflecting its actual equity ratio and including disallowed expenses. The Authority rejects these proposals, maintaining the existing 50/50 split between ratepayers and shareholders for over-earnings above the allowed ROE, citing concerns over capital structure balance and legal principles.

d. Maintenance Carrying Charge Adjustment for Vegetation Management Costs p. pp. 225-227
d. Maintenance Carrying Charge Adjustment for Vegetation Management Costs The maintenance carrying charge is a component of the FCC pole attachment rental rate formula, the purpose of which is to ensure that attachers pay the pole owner 13...

AI summary The maintenance carrying charge adjustment for vegetation management costs involves a correction in the reporting of costs from FERC Account 592 to 593, leading to an increase in the maintenance carrying charge factor and pole attachment rates. NECTA argues that UI should use the original data for transparency, but the Authority supports the correction for accuracy.

2. New Rate Recommendation p. pp. 228-230
2. New Rate Recommendation The Authority is satisfied with the Company's analysis regarding the appropriateness of a new small commercial rate. In the Company's previous rate case, the Authority directed the Company to provide a recommenda...

AI summary The Authority is satisfied with the Company's analysis that a new small commercial rate is unnecessary, as the current GS-GST rate threshold adequately addresses the needs of C&I customers. The Company conducted a sensitivity analysis and subclass ACOSS, which showed similar load factors and average costs across C&I customers. The Authority required the Company to provide histograms and load profile analyses to support its recommendations.

Maximum Peak Load Number of Cumulative % of p. p. 230
Maximum Peak Load Number of Cumulative % of Increment Threshold Customers % of Customers Customers (by 5 kW Tranche) (Annualized) (by 5 kW Tranche) (Sum of 5 kW Tranches) 0-5 kW 4,202 28.3% 28.3% 5-10 kW 3,512 23.6% 51.9% 10-15 kW 2,797 18...

AI summary The text presents a table detailing the distribution of customers by maximum peak load in 5 kW increments, along with cumulative percentages. It also notes that no party contested UI's conclusion regarding the application of Rate GS to commercial customers under certain demand thresholds and the placement of higher-demand customers on time-of-use rates.

Table 93: Rate GS Analysis – Maximum Annual Billed Demand p. pp. 230-231
Table 93: Rate GS Analysis – Maximum Annual Billed Demand Maximum Peak Load Maximum Annual Maximum Annual Cumulative Annual Increment Thresholds Billed Demand Billed Demand Maximum Billed (by 5 kW Tranche) (kW) (%) (%) 0-5 kW 3,965 2.1% 2....

AI summary Table 93 presents an analysis of Maximum Annual Billed Demand across different kW tranches, showing the distribution of demand and cumulative percentages. The Authority concludes that the current 100 kW threshold for Rate GS/Rate GST is sufficient for most customers.

3. Special Contract Policy p. p. 232
load but rather a significant reduction, and (5) clarifying the eligibility requirement that customers "not [be] engaged in local commerce." Chait Prefiled Test., pp. 22–25; CIEC Brief, pp. 18–19, 22. First, UI agreed with CIEC's recommend...

AI summary The document discusses the approval of UI's amended special contract policy, including the inclusion of the EDR and adjustments to the price floor based on long-run marginal distribution costs. The Authority rejects a 15% or 20% discount but allows for larger discounts if necessary. Only the delivery component of the bill is eligible for a discount under this policy.

1. Standard Bill p. p. 235
1. Standard Bill The Company's standard bill complies with the applicable regulations. See Application, Sch. H-2.0. The standard bill reflects modifications to the EDCs' residential customer bills established by the Authority. Decision, Ju...

AI summary The Company's standard bill complies with regulations as determined by the Authority and EOE. Modifications to residential customer bills were established in a 2022 decision, and EOE confirmed compliance in a 2025 brief.

1. ESG Initiatives p. pp. 240-241
1. ESG Initiatives The Company promotes environmental, social, and governance (ESG) topics as part of its broader engagement with external stakeholders in the UI service territory. Interrog. Resp. UPA-33. UI's Community Relations team coor...

AI summary The Company promotes ESG topics through stakeholder engagement, working with Avangrid's Sustainability team and local organizations. Avangrid aligns its corporate sustainability goals with Connecticut's clean energy targets, though UI's specific contributions are not independently verified.

2. Standard Operating Procedures Revision Lag p. pp. 259-260
2. Standard Operating Procedures Revision Lag The Authority previously identified a significant lag in the Company's updates of the Standard Operating Procedures (SOPs). 22-08-08 Decision, p. 278. Specifically, the SOPs had not been update...

AI summary The Authority identified a lag in the Company's updates to its Standard Operating Procedures (SOPs), which failed to reflect recent statutory and Authority directives on energy affordability and customer service. The Company claims to have complied, but errors in the SOPs were identified, leading to additional modifications. The Authority stresses the need for accurate and up-to-date SOPs and will continue reviewing them in future proceedings.

A. CONCLUSION p. p. 262
A. CONCLUSION The Authority approves an annual revenue requirement for UI in the amount of $450,789,348 for the rate year commencing November 1, 2025. This represents an increase of $65,924,348 from the Company's currently authorized reven...

AI summary The Authority approves an annual revenue requirement of $450,789,348 for UI, an increase from the current $384,865,000. This includes an allowed return on equity of 9.45%, reduced by 20 basis points to 9.25% due to performance and management issues. The Authority also addresses cost allocation, rate design, revenue adjustment mechanisms, and customer service.

B. ORDERS p. p. 262
B. ORDERS For orders requiring a filing, the Company shall file an electronic version through the Authority's website at [www.ct.gov/pura.](http://www.ct.gov/pura) Submissions filed in compliance with the Authority's orders must be identif...

AI summary The document outlines orders for the Company to file revised rate design plans and adjust distribution wage allocators, excluding certain profit centers. Compliance must be submitted electronically and identified with specific details. These orders take effect November 1, 2025, and require adherence to the Authority's findings.

N-45CV of Andrew Blair of Elenchus Research Associates 5 passages
SENIOR CONSULTANT p. p. 0
SENIOR CONSULTANT Andrew Blair has ten years of experience as a research analyst and consultant in electricity and gas utility price regulation. He regularly prepares load forecasts for electricity and natural gas utility cost of service a...

AI summary Andrew Blair is a senior consultant with over ten years of experience in electricity and gas utility price regulation. He specializes in load forecasting, cost allocation, and rate design, having worked with utilities across Canada and provided expert testimony before regulatory boards. He has also contributed to regulatory training programs and previously worked for the Ontario provincial government.

Elenchus Research Associates January 2016 - Present Senior Consultant p. p. 0
Elenchus Research Associates January 2016 - Present Senior Consultant - Prepare load forecasts for electricity and natural gas utilities - Design and prepare cost allocation and rate design models and evidence - Research regulatory filings...

AI summary Elenchus Research Associates has been providing consulting services since January 2016, including load forecasting, cost allocation, rate design, regulatory research, economic feasibility studies, and support for regulatory hearings.

EDUCATION p. p. 0
EDUCATION June 2014 Master of Arts, Economics, Carleton University June Bachelor of Arts, Economics and Financial Management, 2012 Wilfrid Laurier University REGULATORY/LEGAL PROCEEDINGS Before the Ontario Energy Board 2025 • Burlington Hy...

AI summary The document outlines the educational background of Andrew Blair and his involvement in various regulatory/legal proceedings before the Ontario Energy Board, including cost of service applications and rate design support for multiple utility companies.

Section 7 p. p. 0
(Company evidence: load forecast, cost allocation, and rate design) 2020 • Hydro Ottawa, 2021-2026 Custom IR Application (Company evidence: cost allocation and rate design) • Lakeshore Communities, LTC and Phase II Applications for new nat...

AI summary The document lists various utility companies and their applications related to cost of service, load forecasting, cost allocation, and rate design, including evidence submitted by companies such as Hydro Ottawa, Lakeshore Communities, and Burlington Hydro, among others, between 2017 and 2021.

Before the New Brunswick Energy and Utilities Board p. p. 0
Before the New Brunswick Energy and Utilities Board 2024 • New Brunswick Power, 2023-24 & 2024-25 General Rate Application (Evidence: Overview Report on NB Power's Proposed Regulatory Accounts) • New Brunswick Power, 2024 Cost Allocation M...

AI summary The document outlines various regulatory proceedings before the New Brunswick Energy and Utilities Board, including general rate applications and cost allocation methodology reviews by New Brunswick Power, as well as non-hearing processes involving other entities such as EfficiencyOne and Montserrat Utilities Ltd.

N-46CV of James Coyne of Concentric Energy Advisors 1 passage
p. pp. 10-11
SPONSOR DATE CASE/APPLICANT DOCKET NO. SUBJECT Texas New Mexico Power Company 2004 Texas New Mexico Power Company PUC Docket No. 29206 Auction Process and Stranded Cost Recovery U.S. Department of Co mmerce ! 1 Government of Québec 2017 Du...

AI summary The document presents a table listing various regulatory proceedings involving utilities and government entities across different jurisdictions, focusing on topics such as stranded cost recovery, incentive regulation models, and return on equity for both electric and gas distribution. These cases are associated with specific docket numbers and dates.

N-48Direct testimony of Jacob Pous 10 passages
6 Q. PLEASE EXPLAIN THE SIGNIFICANTCE OF SETTING AN APPROPRIATE LIFE 7 SPAN. p. p. 49
6 Q. PLEASE EXPLAIN THE SIGNIFICANTCE OF SETTING AN APPROPRIATE LIFE 7 SPAN. 8 A. In determining the depreciation rate and thus depreciation expense for a generating 9 unit, it is necessary to establish the time frame over which customers...

AI summary Setting an appropriate life span for generating units is crucial for determining depreciation rates and ensuring fair cost allocation over time. An incorrect life span can lead to overpayment by current customers or intergenerational inequities. The depreciation calculation considers original cost, salvage value, and remaining life, and must align with the service type provided.

11 Q. IS THIS POSITION REGARDING THE RETENTION OF ALL EXISTING 12 GENERATION SIGNIFICANT? p. p. 49
11 Q. IS THIS POSITION REGARDING THE RETENTION OF ALL EXISTING 12 GENERATION SIGNIFICANT? 13 A. Yes. Regulators have found that there should be a consistent position presented by 14 utilities between their future plans for meeting load and...

AI summary The position regarding the retention of all existing generation is significant as it ensures consistency between a utility's future load plans and the expected useful life of generating facilities, aligning with depreciation principles and avoiding intergenerational inequity.

8 Q. IF THE BOARD WERE INCLINED TO EMPLOY AN INFLATION RATE FOR 9 DEPRECIATION PURPOSES, WHAT DO YOU BELIEVE IS A MORE 10 APPROPRIATE VALUE? p. p. 49
8 Q. IF THE BOARD WERE INCLINED TO EMPLOY AN INFLATION RATE FOR 9 DEPRECIATION PURPOSES, WHAT DO YOU BELIEVE IS A MORE 10 APPROPRIATE VALUE? 11 A. The inflation calculator developed by the Bank of Canada for the last five or six years 12 r...

AI summary The witness suggests that if the Board requires a new depreciation study, a 1.92% inflation rate from the 2009 IRP Update is a realistic proxy, though possibly excessive. If the timing of the study is left to the Company, a lower rate of 1.6% is recommended. These rates are not for construction inflation but for decommissioning purposes.

23 Q. DO YOU AGREE WITH GANNETT FLEMING'S PRESENTATION? p. p. 49
23 Q. DO YOU AGREE WITH GANNETT FLEMING'S PRESENTATION? 24 A. No, and neither do most utilities who do not utilize Computed Mortality as an 25 acceptable method, but rather rely on SPR analyses when unaged data is all that is 26 available....

AI summary The respondent does not agree with Gannett Fleming's presentation, stating that most utilities do not use Computed Mortality as an acceptable method and instead rely on SPR analyses when unaged data is the only available information.

26 Q. WHY IS THE RECOGNITION OF SHORTER EXPERIENCE BAND ANALYSES 27 PERFORMED BY GANNETT FLEMING IMPORTANT IN THIS PROCEEDING? p. p. 49
26 Q. WHY IS THE RECOGNITION OF SHORTER EXPERIENCE BAND ANALYSES 27 PERFORMED BY GANNETT FLEMING IMPORTANT IN THIS PROCEEDING? 28 A. While Gannett Fleming chose not to acknowledge the existence of or present the 29 results of the additiona...

AI summary The importance of Gannett Fleming's shorter experience band analyses in the proceeding is highlighted, as they provide significant information for the selection process. These analyses reflect trends in longer expected lives for investments, which were not initially provided by Gannett Fleming and may have hidden the impact of recent changes.

8 Q. HAS THE COMPANY SPECIFICALLY IDENTIFIED THE UNDERLYING 9 FACTORS, BY ACCOUNT, UPON WHICH IT MADE ITS PROPOSALS? p. p. 49
8 Q. HAS THE COMPANY SPECIFICALLY IDENTIFIED THE UNDERLYING 9 FACTORS, BY ACCOUNT, UPON WHICH IT MADE ITS PROPOSALS? 10 A. No. The Company has made a generalized statement covering the concept of 11 judgment, statistical analyses, Company...

AI summary The company did not specifically identify the underlying factors by account for its proposals. It relied on generalized statements, previous studies, and statistical analyses, with the 2009 Study being the primary basis. The company acknowledged that external information did not significantly alter the survivor curves for the accounts analyzed.

1 Q. IS THERE A FURTHER SIGNIFICANT TIME DISCONNECT BETWEEN THE ELG 2 CALCULATION PROCEDURE AND UTILITY RATEMAKING? p. p. 79
1 Q. IS THERE A FURTHER SIGNIFICANT TIME DISCONNECT BETWEEN THE ELG 2 CALCULATION PROCEDURE AND UTILITY RATEMAKING? 3 A. Yes. Utility depreciation rates do not change on an annual basis. Thus, the ELG 4 rates that may already be one, two,...

AI summary The response confirms a significant time disconnect between the ELG calculation procedure and utility ratemaking, highlighting that depreciation rates do not change annually and that ELG rates may be outdated by several years when implemented, making accurate forecasting and instantaneous quantification impossible.

29 Q. IS THE COMPANY'S POLICY CORRECT? p. p. 79
29 Q. IS THE COMPANY'S POLICY CORRECT? 30 A. No. Depreciation in a regulated arena has a different meaning than for an 31 unregulated company. Depreciation for a regulated entity does not stand on its own, 106 Response to DUC IR-024. 107 R...

AI summary The company's policy of unilaterally ceasing depreciation after a rate proceeding is incorrect. Depreciation for regulated entities is integrated into the ratesetting process and cannot be unilaterally changed. The policy would effectively set the depreciation rate to zero, which is inappropriate.

UTILITY RATE PROCEEDINGS IN WHICH TESTIMONY HAS BEEN PRESENTED BY JACOB POUS p. p. 79
UTILITY RATE PROCEEDINGS IN WHICH TESTIMONY HAS BEEN PRESENTED BY JACOB POUS ALASKA UtiliCorp Networks Canada (Alberta) Ltd. App. No. 1250392 Depreciation Atco Electric App. No. 1275494 Depreciation ALBERTA PUBLIC UTILITIES BOARD JURISDICT...

AI summary The document outlines various utility rate proceedings across different jurisdictions where testimony has been presented by Jacob Pous. It includes cases from Alberta, the Northwest Territories, and Texas, with topics focusing on depreciation, ratemaking principles, and bond levels.

Section 321 p. p. 79
Q. PLEASE SUMMARIZE SOME OF THE COMMENTS BY INTERVENORS AND STAFF WITH RESPECT TO THE ELG PROCEDURE. A. The two main criticisms stated by these witnesses of the ELG procedure relate to: (1) their perceived notion that ELG-developed rates a...

AI summary The main criticisms of the ELG procedure relate to the perception that ELG-developed rates are a form of accelerated depreciation and are less accurate than ALG-developed rates unless ELG-based rates are subject to more frequent review and adjustment.

N-49Direct evidence of James T Selecky 5 passages
EXPENSE TO RATEPAYERS ON AN ANNUAL BASIS? p. p. 0
EXPENSE TO RATEPAYERS ON AN ANNUAL BASIS? A No. The theoretical purpose of using the ELG procedure is to "accurately" assign depreciation expense to ratepayers who benefit from plant investment. However, in practice, the ELG procedure does...

AI summary The ELG procedure is intended to assign depreciation expense accurately to ratepayers based on plant investment, but in practice, it fails due to assumptions about predictable retirements and minimal deviations from forecasts, which are not always valid. Utilities also do not adjust rates annually to reflect depreciation changes.

Q DO YOU HAVE ANY COMMENTS REGARDING THE DEVELOPMENT OF THE DECOMMISSIONING COST ESTIMATES? p. p. 0
Q DO YOU HAVE ANY COMMENTS REGARDING THE DEVELOPMENT OF THE DECOMMISSIONING COST ESTIMATES? A Yes. The decommissioning cost estimates are overstated because the estimates place no value on the existing production sites, include a contingen...

AI summary The respondent argues that decommissioning cost estimates are overstated due to not accounting for the value of existing production sites, using an excessive contingency factor, and applying an unnecessarily high escalation rate. These factors increase depreciation rates and ratemaking expenses, and the respondent suggests adjustments to reflect the true value and cost of decommissioning.

"...the updating of the Basic Assumptions phase took place over several months and involved NSPI staff working jointly with Board staff and consultants, as well as consultation with stakeholders." p. p. 0
"...the updating of the Basic Assumptions phase took place over several months and involved NSPI staff working jointly with Board staff and consultants, as well as consultation with stakeholders." 1 One last note, the Handy Whitman index i...

AI summary The text discusses the updating of the Basic Assumptions phase involving NSPI, the Board, and consultants, and includes recommendations on decommissioning cost estimates and depreciation rates for hydro plants. The expert advises using a 2.0% escalation rate and excludes contingency costs from decommissioning estimates, while also noting that hydro plants may not be retired but instead extended through capital additions.

EMPLOYMENT EXPERIENCE. p. p. 0
EMPLOYMENT EXPERIENCE. A I graduated from Oakland University in 1969 with a Bachelor of Science degree with a major in Engineering. In 1978, I received the degree of Master of Business Administration with a major in Finance from Wayne Stat...

AI summary The individual graduated with a degree in engineering and an MBA in finance, worked in engineering and operations at Detroit Edison, later moved to rate and revenue requirement areas, and has extensive experience in regulatory proceedings, including utility depreciation rates and rate structures.

Q HAVE YOU PREVIOUSLY APPEARED BEFORE A REGULATORY COMMISSION? p. p. 0
Q HAVE YOU PREVIOUSLY APPEARED BEFORE A REGULATORY COMMISSION? A Yes. I have testified on behalf of DECo in its steam heating and main electric cases. In these cases I have testified to rate base, income statement adjustments, changes in b...

AI summary The individual has previously testified before various regulatory commissions across multiple U.S. states and Canadian provinces, including Nova Scotia, on topics such as rate design, revenue requirement, cost of service, and financial integrity. They have also testified on deregulation issues and merger-related matters.

N-51Ontario Energy Board Decision EB-2024-0063 23 passages
Submissions p. pp. 15-19
Submissions OEB staff submitted that the approach to setting the cost of capital parameters and capital structure should not depend on a utility's ownership and the source of funds. OEB staff noted that its view is consistent with the view...

AI summary The OEB, OEA, and EDA argue that the cost of capital and capital structure should not vary by ownership type, emphasizing consistency with the FRS and the use of funds over source. AMPCO/IGUA and CCMBC, along with Energy Probe, challenge this, stating that municipally owned utilities face different financial realities and should be treated differently due to their lack of competition in capital markets and differing levels of protection.

Overview of Recommended Base ROEs p. pp. 24-26
Overview of Recommended Base ROEs The two utility groups (the OEA and EDA) supported higher base ROEs, the ratepayer groups supported lower base ROEs, and OEB staff supported a middle ground approach. OEB staff recommended a 2025 base ROE...

AI summary OEB staff recommended a 2025 base ROE range of 8.79% to 9.32%, arguing it aligns with the status quo, Canadian energy regulators' approvals, and balances utility and ratepayer interests. They emphasized that risk differences are already addressed in equity ratios and used historical expert data for triangulation calculations.

Use of U.S. Based Utility Data in 2009 Report p. pp. 38-40
the necessity to allow a fair and stable return that is critical to maintaining investor confidence and securing the necessary funding to support safe and reliable electricity and natural gas service. The OEB is of the view that maintainin...

AI summary The OEB maintains that the current formula for return on equity (ROE) does not constitute economic rent to ratepayers and supports the application of ROE to all utilities. It emphasizes the need for a stable regulatory environment and is not persuaded to reduce the 2009 Cost of Capital Framework significantly at this time.

Submissions p. p. 47
Submissions OEB staff submitted that LEI, Concentric, and Dr. Cleary proposed similar annual ROE adjustment formulas for adjusting the ROE beyond 2025, building on the approach approved in the 2009 consultation, but with revised factors. O...

AI summary OEB staff presented various proposals for adjusting the ROE beyond 2025, with differing views on how parameters should be revised. The OEA supported Concentric's proposals to adjust factors, while SEC argued for maintaining the 50% adjustment factor, citing its balance between macroeconomic changes and stability. CCC supported increasing adjustment factors, and SEC criticized reliance on historical relationships for determining adjustment factors.

Submissions p. pp. 51-54
s and transmitters should be lowered in this proceeding by 300 basis points, as there was not enough evidence to support that. The OEA also disagreed with SEC, stating there is no evidentiary support. SEC was also concerned that there is n...

AI summary The OEA and SEC disagree with the current approach to lowering the equity thickness for electricity distributors and transmitters, citing insufficient evidence. SEC and CME suggest initiating a second phase of the proceeding to reassess the deemed equity ratio, but OEB staff indicates it would not support this, as parties have had ample opportunity to present evidence.

Expert Report Proposals p. pp. 57-59
Expert Report Proposals LEI recommended that the current approach of allowing the same equity thickness for all electricity transmitters should be maintained: Hydro One and smaller, single-asset transmitters should all have the same equity...

AI summary LEI recommends maintaining the same equity thickness for all electricity transmitters, including Hydro One and smaller ones, citing similar risk profiles to distributors. Concentric disagrees, arguing single-asset transmitters face higher diversifiable risks and should have a higher equity ratio due to reliance on a single customer, the IESO.

Submissions p. p. 59
Submissions OEB staff agreed with LEI that the current approach of allowing the same equity thickness to all electricity transmitters (and distributors) should be maintained, even if it is a single-asset transmitter. OEB staff submitted th...

AI summary The document discusses the treatment of single-asset versus multiple-asset electricity transmitters in terms of allowed return on equity (ROE) and equity ratios. OEB staff and several ratepayer groups argue against differentiating based on asset count, while Minogi/TFG and CFN/MCFN advocate for risk premiums in cases of Indigenous equity participation. The OEA supports Concentric's proposals, and CME suggests differentiating based on business and financial risk.

Expert Report Proposals p. pp. 59-62
Expert Report Proposals LEI recommended that the status quo approach (considering deemed capital structure regardless of the actual capital structure) should be retained. In LEI's view, this ensures fairness to both utilities (flexibility...

AI summary LEI, Concentric, and Dr. Cleary recommend retaining the status quo approach for deemed capital structure, emphasizing fairness to utilities and consumers, administrative simplicity, and flexibility in managing capital structures. The decision and order from March 27, 2025, references new transmission companies in Ontario.

Electricity Distributors and Transmitters p. p. 63
Electricity Distributors and Transmitters The 2009 Report affirmed the deemed equity ratio of 40% equity / 60% debt for electricity distributors. Since the 2009 Report, the OEB has extended the deemed equity ratio of 40% to electricity tra...

AI summary The 2009 Report established a 40% equity / 60% debt deemed capital structure for electricity distributors, which the OEB has extended to transmitters. The OEB maintains this approach as it provides a standardized framework for rate-setting, balances fairness, and safeguards ratepayers from financial distortions.

Use of the DLTDR p. pp. 68-71
Use of the DLTDR No expert took issue with the OEB's general policy to rely primarily on the embedded or actual cost for existing long-term debt instruments. The experts disagreed on whether the DLTDR should be used as a cap in certain cir...

AI summary Experts generally support the OEB's use of embedded or actual costs for existing long-term debt, but disagree on whether the DLTDR should act as a cap. LEI and Dr. Cleary recommend using the DLTDR as a cap for all utilities, while Concentric argues that utilities should forecast their own debt rates with OEB approval.

Where: p. pp. 72-79
Where: is the Long Canada (30-year Government of Canada) Bond yield as at September 30 for year t. is the spread between the 30-year A-rated Utility Corporate Bond yield (taken from ticker Bloomberg BVCAUA30 BVLI Index) and Long 65 2009 Re...

AI summary The document discusses the calculation of the Deemed Long-Term Debt Rate (DLTDR) using actual bond yield data as of September 30, including the Long Canada (30-year Government of Canada) Bond yield and the spread between 30-year A-rated Utility Corporate Bond yields and Long Canada Bond yields. The Office of the Energy Board (OEB) prefers this method for its simplicity and accuracy, and allows for using October 31 data in cases of extraordinary market changes.

Expert Report Proposals p. p. 75
Expert Report Proposals LEI recommended that transaction costs be considered as operating expenses, as this approach is more suitable for the nature of the expense, which may fluctuate from year to year. LEI also noted the irregularity in...

AI summary LEI recommended that transaction costs be classified as operating expenses due to their fluctuating nature, while Concentric, Nexus, and Dr. Cleary argued that these costs should be recovered in rates through the embedded cost of long-term debt, as per the OEB's current practice. They also raised concerns about potential non-compliance with IFRS if transaction costs are treated as operating expenses.

Specific Items Monitored p. p. 82
Specific Items Monitored LEI stated that consistent with the OEB's existing policy, OEB staff should continue to monitor the cost of capital parameters and test their reasonableness in the context of prevailing macroeconomic conditions on...

AI summary LEI, Dr. Cleary, and Nexus recommend quarterly monitoring of cost of capital parameters by the OEB, with Nexus and Concentric disagreeing on the frequency and scope of reporting. LEI also suggests including credit ratings and debt/equity issuance details in annual reports, while Concentric opposes this due to administrative burden. Concentric and Nexus propose annual benchmarking of ROEs against other jurisdictions and macroeconomic indicators.

Expert Report Proposals p. p. 85
Expert Report Proposals Consistent with the OEB's existing policy, LEI stated that the OEB should continue to publish its annual cost of capital parameter updates in October or November, but using 12-month trailing data as of the end of Se...

AI summary The OEB should continue updating its annual cost of capital parameters in October or November using 12-month trailing data, as recommended by LEI. Concentric suggested using 90-day averages instead, while Dr. Cleary proposed using October data to update the ROE adjustment formula if it does not disrupt existing processes.

Expert Report Proposals p. p. 85
Expert Report Proposals LEI and Concentric recommended that consistent with the OEB's existing policy, the OEB should commit to reviewing the cost of capital policy every five years. Nexus recommended that the OEB limit LEI's proposed annu...

AI summary The document discusses recommendations for reviewing the cost of capital policy by the OEB. LEI suggests a five-year review cycle, while Nexus proposes limiting the ROE adjustment formula to two years and reviewing parameters in an open forum in the third year. Dr. Cleary supports regular reviews and suggests a trigger mechanism based on Canadian A-rated utility yield spreads exceeding 2%.

Submissions p. p. 85
Submissions OEB staff agreed with LEI and Concentric that the OEB should commit to reviewing the cost of capital policy every five years. OEB staff submitted that this issue is about balance and weighing the costs of performing an update o...

AI summary The document discusses the frequency of cost of capital policy reviews by the OEB, with various stakeholders proposing different intervals, ranging from three to ten years. There is a consensus on conducting reviews every five years, but some entities suggest more frequent or less frequent intervals based on their analysis and market considerations.

Expert Report Proposals p. pp. 85-90
Expert Report Proposals LEI stated that consistent with the OEB's existing policy, the OEB should continue to implement changes in the cost of capital parameters and capital structure upon rebasing. Dr. Cleary also agreed with the status q...

AI summary LEI and Dr. Cleary support the OEB's current policy of adjusting cost of capital parameters and capital structure upon rebasing, with LEI suggesting a two-factor test for early implementation. Concentric opposes the two-factor test, arguing for immediate changes in cost of capital parameters and capital structure upon OEB decisions, unless the changes are significant and require phased implementation.

Submissions p. pp. 90-105
Submissions OEB staff and a number of ratepayer groups agreed with LEI and Dr. Cleary that consistent with the OEB's existing policy, the OEB should continue to implement changes in the cost of capital parameters and capital structure upon...

AI summary The OEB staff and ratepayer groups recommend aligning cost of capital changes with rebasing, while the CCC and SEC caution against mid-term adjustments in Price Cap IRM terms. The OEA supports implementing changes in the next rate year, and the OEB established variance accounts for utilities rebasing in 2025.

Findings p. pp. 95-96
Findings The OEB will apply the same approach for determining the prescribed interest rate for DVAs that it has established for the DSTDR, for the same reasons provided under that issue. This approach is to use the Bloomberg ticker BVCAUA3...

AI summary The OEB will use the same approach for determining the prescribed interest rate for DVAs as it does for the DSTDR, using the Bloomberg ticker BVCAUA3M BVLI Index. The rate for Q2 2025 is set at 3.16%. The OEB rejects Concentric's argument for applying a long-term rate like WACC to DVAs, citing concerns about double compensation and lack of evidence supporting long-term funding of DVAs.

THE ONTARIO ENERGY BOARD ORDERS THAT: p. p. 110
THE ONTARIO ENERGY BOARD ORDERS THAT: - 1. The following cost of capital parameters are approved on a final basis, effective January 1, 2025. Please refer to the Decision for details regarding implementation and applicability. - a. The Dee...

AI summary The Ontario Energy Board has finalized cost of capital parameters, including a Deemed Return on Equity of 9.00%, Deemed Long-Term Debt Rate of 4.51%, and Deemed Short-Term Debt Rate of 3.91%, effective January 1, 2025. Prescribed interest rates for deferral and variance accounts and construction work in progress are also set, with annual and quarterly updates required. Utilities must report on new long-term debt exceeding $50 million.

C. Long-Term Debt Rate p. p. 117
C. Long-Term Debt Rate - 6. Should the long-term debt rate for electricity distributors, natural gas utilities, and OPG continue to be set using the same approach as set out in the OEB Report and as set out in the Staff Report for electric...

AI summary The text presents a series of questions regarding the long-term debt rate for electricity distributors, natural gas utilities, and OPG, including the approach for setting the rate, considerations for transaction costs, and implications of variances from the deemed capital structure.

F. Mechanics of Implementation p. p. 118
F. Mechanics of Implementation - 14.What on-going monitoring indicators to test the reasonableness of the results generated by its cost of capital methodology should the OEB consider, including the monitoring of market conditions? - 15.How...

AI summary The section outlines questions regarding the monitoring and updating of cost of capital parameters, including the frequency of reviews, the implementation of changes, and ensuring financial viability of rate-regulated entities while maintaining a fair return.

Implementation p. pp. 140-141
Implementation Changes to the cost of capital parameters from the 2009 Report were implemented when a utility filed a cost-based rates application (i.e., upon rebasing)[.129](#page-141-5) 124 OEB Letter, Updated Inputs to the OEB's Prescri...

AI summary The OEB updates cost of capital parameters annually, based on macroeconomic conditions. These parameters are used in rate-setting, and any formulaic approach for calculating ROE must align with the FRS. The OEB ensures that the parameters reflect market conditions and meet the FRS.

N-52Energy Institute WP 329R 9 passages
1 Introduction p. p. 0
to relatively slow downward adjustments. Our findings are the first instance we are aware of where this phenomenon has been identified in regulatory decision-making, rather than just in market prices. One possible explanation for the asymm...

AI summary The text discusses how utilities may strategically influence the timing and duration of rate cases to secure higher rates of return. It highlights an observed asymmetric adjustment in rates and suggests that utilities have incentives to prolong rate cases when existing rates are advantageous, potentially leading to higher returns.

2 Background p. pp. 0-11
ding to substantial divergence in the return on equity that could be deemed appropriate. The regulator is then left to adjudicate these differences and determine a return on equity that is reasonable. However, it is not obvious that regula...

AI summary The text discusses the determination of return on equity (RoE) in regulatory proceedings, highlighting the challenges regulators face in setting a reasonable RoE. It notes that standard methods may not be fully applied, and behavioral biases, such as avoiding nominal RoE below 10%, may influence decisions. Additionally, macroeconomic changes and benchmarking practices are mentioned as factors affecting RoE.

Section 57 p. pp. 32-34
ich may in 13. In fact the negative coefficient we observe is consistent with the earlier analysis of the relationship between the RoE gap and wholesale prices. Table 5: Relationship Between Approved Rate of Return and Electric Utility Cap...

AI summary The text discusses the relationship between the approved rate of return and electric utility capital and operating expenses, noting a negative coefficient consistent with earlier analysis on the RoE gap and wholesale prices.

5 Conclusion p. pp. 36-38
sets. We find no clear impact of the RoE gap on utilities' operating expenditures. These findings are new potential evidence of the Averch–Johnson effect that has long been discussed in this industry. Combining our preferred benchmark for...

AI summary The analysis finds no clear impact of the RoE gap on utilities' operating expenditures but estimates that excess rates collected from consumers amount to around $7 billion annually. The discussion highlights challenges in adjusting equity costs within the ratemaking process and the limited effectiveness of existing measures.

A.2 Inflation-Adjusted Rates p. pp. 45-46
A.2 Inflation-Adjusted Rates In addition to the nominal values plotted in Figure [1,](#page-15-0) we also plot here the same data in real terms. Real values are calculated by subtracting core CPI. Figure A.2: Return on Equity and Financial...

AI summary This section presents inflation-adjusted rates for investor-owned US electric and natural gas utilities, showing real return on equity and financial indicators. Real values are calculated by subtracting core CPI from nominal values. Data includes approved return on equity and financial indicators from March 2002 to March 2006, with 30-year Treasury rates extrapolated from 1- and 10-year rates.

C Detail on Asymmetric Adjustment p. pp. 58-59
C Detail on Asymmetric Adjustment Here we include additional information on the asymmetric adjustment analysis. The preferred specification presented in the main paper uses approved rates of return, a benchmark index of 10-year US Treasuri...

AI summary The text discusses an asymmetric adjustment analysis in the context of rate case decisions, using approved rates of return and a benchmark index of 10-year US Treasuries. The analysis shows a clear asymmetric adjustment path, with greater divergence and slower adjustment at the utility–state panel level. Results are illustrated through figures and tables, with emphasis on the impact of aggregation levels and the use of proposed versus approved rates of return.

D Detail on Capital Impacts p. pp. 61-63
D Detail on Capital Impacts In addition to our first difference specification, we also estimate ̂from the following fixed effects specification. $$\log(Cap_{i,t}) = \alpha RoE_{i,t}^{gap} + \delta X_{i,t} + \sigma_i + \lambda_t + \epsilon_...

AI summary This section discusses the relationship between the approved rate of return (RoE) gap and utility capital assets using fixed effects and first difference specifications. Results show that a 1 percentage point increase in the RoE gap leads to a 2–4% increase in capital assets, with comparable findings across different measures of the RoE gap.

Table D.2: Relationship Between Approved Rate of Return and Utility Capital by Rate of Return Benchmark (Absolute Totals) p. pp. 63-64
Table D.2: Relationship Between Approved Rate of Return and Utility Capital by Rate of Return Benchmark (Absolute Totals) CAPM Central CAPM Low CAPM High Corp RoD UK UST UST Auto Model: (1) (2) (3) (4) (5) (9) (7) (8) Variables RoE gap (%)...

AI summary Table D.2 presents the relationship between approved rate of return and utility capital across various rate of return benchmarks. The table includes statistical data such as RoE gap, observations, R-squared values, and other fit statistics for different models and variables.

Table F.1: First Stage Regressions for Various Instruments p. pp. 70-72
Table F.1: First Stage Regressions for Various Instruments Model: (1) (2) (3) Variables IV Rounding (50bp) × Sign = -1 -0.3105 (0.3106) IV Rounding (50bp) × Sign = 1 -0.3531 (0.3139) IV Rounding (500bp) × Sign = -1 0.0674 (0.1466) IV Round...

AI summary Table F.1 presents first-stage regressions for various instruments, including IV rounding and test year variables. The results show statistically significant coefficients for certain IV rounding interactions and the test year, with clustered standard errors and fit statistics provided for each model.

N-53Vincent Musco CV - Bates White 1 passage
Presentations and panels p. p. 0
Presentations and panels - "Electric Vehicles." Panelist at 47th Annual Public Utility Research Center Conference at the University of Florida "Rates, Realities, and Risks: Ratemaking for Tomorrow." Gainesville, FL (February 2020). - "Barr...

AI summary The text lists two presentations related to energy topics: one on electric vehicles and another on barriers to community solar adoption. Both were presented at academic and industry conferences in 2020.

N-61Caroline Palmer CV - Synapse 2 passages
TESTIMONY p. p. 0
TESTIMONY Nova Scotia Energy Board (M12451). Direct Testimony of Caroline Palmer regarding Application by Nova Scotia Power Incorporated for Approval of Certain Revisions to its Rates, Charges, and Regulations. On behalf of Counsel to Nova...

AI summary Caroline Palmer provided direct and rebuttal testimony in multiple regulatory proceedings across Nova Scotia, Massachusetts, Michigan, and Missouri. The testimonies focused on cost-of-service studies and rate design, including residential and economic development rate design, as well as data center tariff design and cost allocation.

PRESENTATIONS p. p. 0
PRESENTATIONS Palmer, C. 2025. Large Load Tariffs – Current Efforts to Minimize Risk to Consumers. NASUCA Mid-Year Meeting. Columbus, OH. Palmer, C. 2022. Utility Transportation Electrification from a Consumer Advocate Perspective. NASUCA...

AI summary The document lists presentations by Palmer, C. on topics related to large load tariffs, utility transportation electrification, and renewable energy integration in Greek energy markets. The resume was last updated in January 2026.

N-63OEB Cost Allocation Review 72 passages
1.1.1 Scope of the Review p. p. 0
1.1.1 Scope of the Review The March 9, 2005 letter indicated that the cost allocation review will be based "primarily on the existing rate classifications and a limited number of rate design issues". As explained below, certain potential r...

AI summary The scope of the cost allocation review is primarily based on existing rate classifications and limited rate design issues. A separate comprehensive study of distribution rate design will address topics such as density rates, seasonal rates, and time of use distribution rates, which are deferred from the current review.

Rate Design p. p. 0
Rate Design The cost allocation filings will also contain updated information that is helpful to assess the cost basis of the current monthly service charges. After analyzing the filing results and other relevant considerations, the Board...

AI summary The document discusses the review of rate design, including potential adjustments to monthly service charges and the consideration of new or modified rate classes, such as for scattered unmetered loads, embedded distributors, and the elimination of the legacy 'Time of Use' rate class.

1.1.3 Objectives Of Staff Discussion Paper p. p. 0
1.1.3 Objectives Of Staff Discussion Paper The general purpose of this discussion paper is to facilitate the forthcoming consultations with stakeholders. The Paper: - addresses the major steps in a cost allocation study - identifies and in...

AI summary The Staff Discussion Paper aims to facilitate stakeholder consultations by outlining the major steps in a cost allocation study, identifying issues related to cost allocation and rate design, and presenting preliminary proposals for review and debate.

1.2.1 Consultation Process p. p. 0
1.2.1 Consultation Process On July 20, 2005, Board staff held a public meeting to review the planned consultation process, amongst other items. Written submissions were received and considered. Following the release of the present Staff di...

AI summary The consultation process for the rate proceeding involved public meetings, written submissions, and the formation of a Technical Advisory Team. The team met in three phases focusing on cost allocation, rate design, and OEB filing requirements. Technical workshops and stakeholder discussions were organized, and funding was provided for eligible parties. Data availability was a key consideration in determining mandatory filing requirements.

1.2.2 Development of OEB Filing Model p. p. 0
1.2.2 Development of OEB Filing Model As the first phase of the Technical Advisory Team meetings progresses, the development of the new OEB cost allocation model will start. An outline of the model will be introduced at the October Technic...

AI summary The development of a new OEB cost allocation model is underway, with initial testing by two medium-sized distributors and a second version planned for April 2006, to be tested by three distributors of varying sizes.

1.2.3 Cost Allocation Informational Filings p. p. 0
1.2.3 Cost Allocation Informational Filings In March 2006, following stakeholder consultations, the Board will issue a Report adopting common cost allocation principles and methodologies for the OEB cost allocation review. Select rate desi...

AI summary In March 2006, the Board will issue a report adopting common cost allocation principles and methodologies following stakeholder consultations. Mandatory filing requirements and a model will be released in July 2006, with all Ontario electricity distributors required to submit new cost allocation studies publicly during the fall of 2006.

Section 2: Overview of Cost Allocation p. p. 0
Section 2: Overview of Cost Allocation Cost allocation studies serve the following main purposes: - to allocate the costs to provide service to the various customer rate classes based on cost causation principles - to assess the reasonable...

AI summary This section outlines the purposes and processes of cost allocation studies, which are used to allocate distribution and operational costs to customer rate classes based on cost causation principles. The studies assess the reasonableness of rates and support rate design. A three-step process—functionalization, categorization, and allocation—is described for assigning costs to rate classes.

Basic Customer Method p. p. 12
Basic Customer Method This approach categorizes as customer-related costs only those capital and operating expenses that are directly associated with adding another customer. Examples of such costs are the capital and operating costs assoc...

AI summary The Basic Customer Method focuses on capital and operating costs directly tied to adding new customers, such as meters and service drops. It differs from other methods by excluding upstream distribution infrastructure costs like transformers and primary conductors. Critics argue it takes a short-term view and ignores long-term infrastructure expenses. The method is used in the U.S. but has limited Canadian application, with stakeholder input sought on its elements.

Minimum System Method p. p. 12
Minimum System Method This method has been described as follows: "Classifying distribution plant with the minimum-size method assumes that a minimum size distribution system can be built to serve the minimum loading requirements of the cus...

AI summary The Minimum System Method classifies distribution plant costs based on the minimum size required to serve customer demand. It calculates customer-related costs using average book costs of equipment and determines demand-related costs as the difference between total investment and customer-related costs. While accepted by regulators like the OEB, it has sparked debate due to potential overstatement of customer-related components.

Note on Modified Minimum System p. p. 12
Note on Modified Minimum System In the past, Ontario Hydro did some empirical work which led to the development of the Modified Minimum System Method. Its distinctive feature is that it further categorizes the demand-related component into...

AI summary This note discusses the Modified Minimum System Method, developed by Ontario Hydro, which categorizes demand-related components into demand and energy under a two-part rate design. However, staff recommend focusing on the traditional Minimum System approach due to the complexity and effort required for the modified method.

5.2.2 Use of Two Categorization Methods to Assist in Reviewing Future Rate Design p. p. 12
5.2.2 Use of Two Categorization Methods to Assist in Reviewing Future Rate Design A key objective of the present informational cost allocation filing process is to identify potential anomalies in fixed monthly customer charges. This can be...

AI summary The informational cost allocation filing process aims to identify anomalies in fixed monthly customer charges by using two categorization methods—a floor and a ceiling—to establish a range of reasonableness. The Basic Customer Method provides a floor, while the Zero-Intercept or Minimum System Methods provide a ceiling. The goal is to help the Board identify significant outliers rather than determine exact charge levels.

5.2.3 Categorization Method to Review Class Revenue-to-Cost Ratios p. p. 12
5.2.3 Categorization Method to Review Class Revenue-to-Cost Ratios The other major objective of the forthcoming cost allocation filings is to assess the revenue-to-cost ratios for the various customer rate classes of each distributor. It m...

AI summary The document discusses the recommended approach for categorizing revenue-to-cost ratios for customer rate classes. It suggests using either the Zero-Intercept or Minimum System Method, both of which are accepted by Canadian regulators. Stakeholder input will be sought to determine the most suitable method, and default categorization figures will be proposed based on a consultant's survey.

5.2.4 Need for Distributor-Specific Categorization Studies p. p. 12
5.2.4 Need for Distributor-Specific Categorization Studies During the first phase of consultations, Staff wishes to focus on the development of defensible standard categorization results that are broadly applicable. To maximize the flexibi...

AI summary Staff proposes developing defensible standard categorization results applicable to various utility types, considering factors like customer density and utility size. Input is sought on grouping methods and potential inaccuracy scenarios, with further discussion on utility-specific studies if needed.

6.1 Background p. p. 12
6.1 Background The final stage of a cost allocation study is the allocation of costs to customer classes. At this stage, costs have been functionalized and categorized into demand and customer-related components. For demand-related costs,...

AI summary The final stage of a cost allocation study involves allocating costs to customer classes, with demand-related costs using load data and customer-related costs using accounting records or customer numbers.

Use of NCP as main allocator of joint distribution demand costs p. p. 12
Use of NCP as main allocator of joint distribution demand costs The 2003 Working Group generally agreed that NCP should be the approved method used to allocate most demand-related distribution costs. The reasons included the following: - I...

AI summary The 2003 Working Group recommended NCP as the primary method for allocating joint distribution demand costs due to its fairness and customer control. Staff agrees with this approach, noting that NCP better reflects customer usage and provides more transparency compared to CP.

Potential other NCP allocators p. p. 12
Potential other NCP allocators The 2003 Working Group discussed allowing utilities the option of allocating demandrelated distribution costs using the NCP of a number of months if it could be justified. The discussion focused on the merits...

AI summary The 2003 Working Group considered allowing utilities to use 12 NCP as a demand-related distribution cost allocator, noting its historical use in legacy rates. However, the emphasis should be on cost causality rather than smoothing effects. Only 1 NCP will be allowed as the sole demand allocator unless compelling cost justifications exist for other methods.

Class NCP by Voltage p. p. 12
Class NCP by Voltage Line Losses Demand allocation factors are derived from actual meter reading data. Meters are installed at different voltages. Adjustments must therefore be made for line/transformation losses to fairly compare intercla...

AI summary The document discusses the adjustment of demand allocation factors for Class NCP by voltage, emphasizing the need to account for line and transformation losses. It highlights the use of loss factors from the 2006 EDR applications and the distinction between primary and secondary voltage loads. The USoA is referenced as a basis for these adjustments, with a call for additional filing requirements to better track distribution costs.

Peak-load Carrying Capacity ("PLCC") Adjustment p. p. 12
Peak-load Carrying Capacity ("PLCC") Adjustment A Minimum System has a certain load carrying capability which can be viewed as being demand-related. As a result, the customer-related costs will have a demand component in them. If no adjust...

AI summary The document discusses the need for a Peak-load Carrying Capacity (PLCC) Adjustment to ensure fair allocation of demand-related costs among customers. It suggests that distributors should adjust for the PLCC of the assumed Minimum System and proposes that utilities may conduct their own analysis if it differs significantly from a generic default figure.

6.2.5 Initial Recommendations regarding Demand Allocation p. p. 12
6.2.5 Initial Recommendations regarding Demand Allocation Where a distribution asset is used by a single user, and the amount involved is material, a direct allocation is recommended. The utility must provide full supporting engineering an...

AI summary The document outlines initial recommendations for demand allocation, emphasizing direct allocation for single-user distribution assets and recommending the use of CP, Individual NCP, and Class 1 NCP for different types of distribution facilities. Adjustments for line losses, engineering details, and PLCC are also recommended.

Meter Reading p. p. 12
Meter Reading At the current time, most residential and small commercial customers' meters are read manually. However, the frequency of meter readings may vary by rate class and by distributor. In contrast, the majority of interval meters...

AI summary The document discusses current meter reading practices, noting that most residential and small commercial meters are read manually, while larger customers use electronic interval meters. It outlines cost allocation considerations and potential factors for distributing meter reading costs, emphasizing the need to account for reading frequency and customer density.

Call Centre p. p. 12
Call Centre Activities in this category include responding to customer inquiries, and preparing educational and communication material. Call centre costs generally vary as a function of the number of customers and could be allocated to the...

AI summary Call centre activities involve responding to customer inquiries and preparing educational materials. Costs are typically allocated based on the number of customers per rate class, though some utilities use detailed records like time sheets or logs for more accurate tracking.

Customer Information System (CIS) p. p. 12
Customer Information System (CIS) CIS costs are commonly allocated in a fashion consistent with the treatment of billing and call centre costs. The allocation could hence be based on: - number of bills - weighted number of bills - number o...

AI summary The document discusses methods for allocating CIS costs, suggesting approaches such as the number of bills, weighted number of bills, number of customers, and weighted number of customers, with the weighted number of bills considering the effort and complexity of billing different customer classes.

7.2.3 Initial Recommendations p. p. 12
7.2.3 Initial Recommendations For ease of administration and implementation, it is proposed that general plant be allocated pro rata to the allocated distribution plant. This would be the standard method for the allocation of general plant...

AI summary The document proposes allocating general plant pro rata to allocated distribution plant for simplicity, while allowing flexibility for distributors with detailed analyses to justify alternative allocations.

7.3.3 Initial Recommendations p. p. 12
7.3.3 Initial Recommendations For ease of implementation, it is proposed that A&G be allocated pro rata to the allocated O&M expenses (excluding A&G). This would be the standard method of allocation. It is also proposed that some flexibili...

AI summary The text proposes allocating A&G pro rata to O&M expenses, excluding A&G, and allows flexibility for distributors with detailed analyses to group accounts based on plant activities, requiring justification and documentation.

Use of Load Data in Establishing Demand Allocators p. p. 12
Use of Load Data in Establishing Demand Allocators While there are a number of methods to allocate distribution demand-related costs, all require the use of load data. It is widely recognized that load data plays an important role in the a...

AI summary Load data is essential for accurately allocating distribution demand-related costs. The American Public Power Association highlights that the accuracy of demand load data significantly affects the allocation of capacity costs to customer classes of service.

8.1.2 OEB Load Data Directions p. p. 12
8.1.2 OEB Load Data Directions The former (2001) Electricity Distribution Rates Handbook ("DRH") advised utilities: "Prior to the implementation of 2nd generation PBR the Board will require utilities to develop allocation studies that refl...

AI summary The document outlines the former Electricity Distribution Rates Handbook's guidance on load data collection prior to the implementation of 2nd generation PBR. The Board issued Load Data Collection Directions in 2003, requiring utilities to collect at least 12 months of statistically reliable load data and encouraging joint studies to achieve cost efficiencies.

8.1.3 Load Data Implementation Issues p. p. 12
8.1.3 Load Data Implementation Issues There are a variety of technical questions dealing with how the new load data will be processed and prepared for use in the cost allocation model. These will be examined in detail during the third phas...

AI summary The document discusses technical challenges related to implementing new load data in the cost allocation model, noting that specialized rate classifications may not be covered by industry research groups, requiring careful consideration by distributors.

9.3 Summary of the Study p. p. 12
9.3 Summary of the Study A summary will be required with the cost allocation filings including an explanation of the study results. In addition, the summary should include the rationale, and supporting documentation (including any material...

AI summary The summary of the study is required with cost allocation filings and must explain study results, rationale, and supporting documentation for alternative cost allocation methods. Examples include documentation for direct allocation of demand-related costs and load study methodology.

9.6 Output of the Model p. p. 12
9.6 Output of the Model The details of the various outputs from the cost allocation filing model will be finalized during the third phase consultations. A standard set of outputs from the filing model will be prescribed. Given the key obje...

AI summary The document outlines the standard outputs from the cost allocation filing model, including revenue-to-cost ratios, fixed monthly charges, and unit costs. The model will be run twice using different methodologies, and additional technical information will be provided for stakeholder review. Audit trails and future rate design considerations are also mentioned.

Creation of a new class p. p. 12
Creation of a new class From a cost–causality perspective, there are merits in considering the creation of a new rate class for scattered unmetered loads (for example, their load profiles are distinctive, and customer costs differ from reg...

AI summary The text discusses the merits of creating a new rate class for scattered unmetered loads, noting their distinctive load profiles and differing customer costs. It argues for consistency across the province and suggests that distributors should treat such users as a separate rate grouping in upcoming filings.

Cost allocation studies p. p. 12
Cost allocation studies Staff will seek stakeholder input on the development of a methodology to accurately track the costs for this new rate classification. This will ensure that other ratepayers are not unfairly treated by the creation o...

AI summary Staff proposes a methodology to allocate costs for a new scattered unmetered load class, ensuring fairness for ratepayers. Unmetered loads should bear full distribution asset costs, excluding metering and billing costs sent to a central office. Stakeholder input is requested on additional costs to allocate or exclude.

Rate Design p. p. 12
Rate Design Once costs are fairly allocated to this new class, the question remains whether it is preferable to recover customer-related costs through a per customer or per connection charge or a combination of the two. Some costs are like...

AI summary The text discusses the allocation of costs to a new class of customers and considers whether to recover these costs through per customer, per connection, or a combination of charges. It also references a 2005 comment suggesting that new rate classes should align with a consistent rate design philosophy.

Note on Streetlighting p. p. 12
Note on Streetlighting During the 2006 EDR process, a municipality raised concern about streetlighting rates. The question of designing streetlighting rates on a per customer or per connection basis will be addressed when the same topic is...

AI summary During the 2006 EDR process, a municipality expressed concerns about streetlighting rates. The document notes that the issue of designing rates on a per customer or per connection basis will be addressed later for the new scattered unmetered load class. It also mentions that streetlighting is generally off-peak in the summer and on-peak in part of the winter, with potential adjustments for this pattern to be discussed during consultations.

10.3 Initial Recommendations p. p. 12
10.3 Initial Recommendations Staff recommends that a new scattered unmetered load class be set up as part of the cost allocation model and that a full cost allocation study be performed for the new class. Staff further recommends that the...

AI summary Staff recommends creating a new scattered unmetered load class and conducting a full cost allocation study. They also suggest splitting the fixed monthly charge into two components: one per customer and another for individual connection costs, with remaining distribution costs recovered through a volumetric charge.

11.1 Background p. p. 12
11.1 Background Over the years, various approaches have been taken towards rate classification for larger General Service customers in Ontario. Before they became subject to regulation by the OEB, utilities were allowed to apply for a new...

AI summary This section discusses historical approaches to rate classification for larger General Service customers in Ontario, noting the lack of a common intermediate GS class between 50 kW and 5000 kW. It also mentions that the Board is not re-examining the GS 50 kW boundary but will focus on promoting consistency in treatment of larger GS customers.

11.2 Issues and Options p. p. 12
11.2 Issues and Options It is useful to seek stakeholder input on the merits of different ways to assess the need for, and implications of, a common approach towards a GS intermediate rate classification. Several approaches are possible: -...

AI summary The document discusses various approaches to assessing the need for a common GS intermediate rate classification in Ontario. Options include surveys of other regions, examining voltage breaks, reintroducing the 10% test, and using load factors as a cost causality factor. Further analysis may not be available until early 2006.

11.3 Initial Recommendations p. p. 12
11.3 Initial Recommendations Staff wishes to identify and obtain stakeholder comments on the various approaches towards the potential design of a new GS intermediate rate classification including the use of load factors, delivery voltages...

AI summary Staff proposes a new GS intermediate rate classification, considering load factors, delivery voltages, and the reintroduction of the 10% test. They seek stakeholder input on potential design approaches and ways to minimize adverse rate impacts and boundary concerns.

12.1 Background p. p. 12
12.1 Background This section will deal with rate classification, cost allocation, and rate design issues in situations where a host utility transfers power to an embedded utility (also known as Low Voltage (LV) rates). Staff understands th...

AI summary This section addresses rate classification, cost allocation, and rate design in scenarios where a host utility transfers power to an embedded utility, noting the presence of 12 distributors with varying levels of service and the challenge of developing a consistent policy.

13.1 Background p. p. 12
13.1 Background Prior to the opening of the electricity market, Ontario Hydro was a generator, transmitter and distributor of electricity. It charged the municipal utilities for the cost of power, which included generation and transmission...

AI summary This section outlines the evolution of electricity pricing in Ontario, focusing on the transition from a single-rate system to time-differentiated wholesale rates and the subsequent unbundling of retail rates. It also describes how the opening of the electricity market affected the regulation of commodity costs and the persistence of TOU sub-classes.

13.2 Issues and Options p. p. 12
13.2 Issues and Options One option is to allow a distributor the discretion as to when these rate classifications are removed. This was the approach taken for 2006 rates (see section 10.3, 2006 EDR Handbook). On the basis of consistency am...

AI summary The document discusses two options for managing rate classifications: allowing distributors discretion in removing them, as done in 2006, or mandating their elimination for consistency and simplicity.

13.3 Initial Recommendations p. p. 12
13.3 Initial Recommendations Staff recommends that the upcoming cost allocation studies assume the elimination of the sub-classification known as TOU and the absorption of the costs currently assigned to the equivalent non-TOU class. As no...

AI summary Staff recommends eliminating the TOU sub-classification and absorbing its costs into non-TOU classes. The introduction of new TOU rates will be considered after a comprehensive rate design paper is issued in 2006.

14.1 Filing Requirements for Adding/Deleting Rate Classifications p. p. 12
14.1 Filing Requirements for Adding/Deleting Rate Classifications In addition to producing information relevant to the fair recovery of costs between classes, the upcoming informational filings will gather information to address two rate d...

AI summary The filing requirements for adding or deleting rate classifications will collect information on rate design areas, including classification changes and a review of fixed monthly service charges. These issues will be addressed in subsequent phases of the consultations.

14.1.1 Background p. p. 12
14.1.1 Background As previously mentioned, this review will also examine the need for, and implications of, introducing new rate classes for scattered unmetered loads, embedded distributors, and larger GS customers, and eliminating the exi...

AI summary This section discusses the potential introduction of new rate classes for specific customer types and the elimination of existing TOU distribution rates. It emphasizes the need to understand and document the financial implications for affected customers.

14.1.2 Issues and Options p. p. 12
14.1.2 Issues and Options Affected distributors should be required to perform and file a cost of service study with both the new and existing rate classifications. This would provide sensitivity analysis at all stages of the cost allocatio...

AI summary The text discusses the need for distributors to perform cost of service studies under new and existing rate classifications, and suggests using typical load profiles to estimate customer impacts. It also raises concerns about the complexity of rate design if new classifications are introduced with minor cost differences.

14.1.3 Initial Recommendations p. p. 12
14.1.3 Initial Recommendations In order to assess the implications of adding or deleting a rate class at the rate class level, it is recommended that distributors be required to file a supplemental cost of service study with the new rate c...

AI summary The initial recommendations suggest that distributors file a supplemental cost of service study when modifying rate classes and capture rate and bill impacts at both the rate class and customer levels using typical load profiles, with guidelines to be discussed during the consultation process.

14.2.1 Background p. p. 12
14.2.1 Background Following receipt of all the informational filings in the fall of 2006, the Board should be in a position to identify fixed monthly service charge anomalies. The Board may later request that certain distributors proceed t...

AI summary The Board is preparing to identify fixed monthly service charge anomalies following informational filings from 2006. It may request rate applications to address significant rate issues. Current consultations will not address the appropriate balance of fixed monthly charges but will focus on information requirements for future reviews.

14.2.2 Issues and Options p. p. 12
14.2.2 Issues and Options As previously indicated, Staff proposes that the review of the fixed monthly service charges be done by establishing a reasonable cost-based floor and ceiling. The costbased floor will be based on the results of t...

AI summary Staff proposes reviewing fixed monthly service charges by establishing a cost-based floor and ceiling, using the Basic Customer Method and survey results. Consultations should focus on the Minimum System approach, as previous methods led to high charges. Large users showed significant variations, and total distribution charges should be examined.

14.2.3 Initial Recommendations p. p. 12
14.2.3 Initial Recommendations Staff recommends that the filing model incorporate both the Basic Customer Method, as well as generic figures based on a survey of the Minimum System and Zero-Intercept results. The former will generate a cos...

AI summary Staff recommends incorporating both the Basic Customer Method and survey-based figures into the filing model to set cost-based floors and ceilings for fixed monthly service charges. Distributors must explain charges outside the proposed range, and all rate classes should be considered.

14.3.1 Background p. p. 12
14.3.1 Background Distributors across the province currently use different methods to measure peak demand. Peak demand is the billing determinant that is used to recover demand based distribution charges. Peak demand can be measured on the...

AI summary The document discusses how different methods are used to measure peak demand by distributors in Nova Scotia, which affects billing and distribution charges. Methods include clock hour, 15-minute, and rolling 60-minute interval readings, with clock hour readings used for wholesale transmission and commodity settlement.

14.3.2 Options and Issues p. p. 12
14.3.2 Options and Issues The use of a particular method over another is likely to generate different peak demand results and therefore, different demand charges. This in turn would likely have ramifications on load research, cost allocati...

AI summary The text discusses the impact of different methods for measuring peak demand on demand charges, load research, cost allocation, and rate design. Staff proposes investigating a common definition of peak demand and seeks stakeholder input on the merits of various methods.

14.3.3 Initial Recommendations p. p. 12
14.3.3 Initial Recommendations Staff recommends that this topic be discussed as part the Technical Advisory Team discussion and associated Workshop during the second phase of the consultations. In particular, Staff wishes to gather stakeho...

AI summary Staff recommends discussing the need for a common definition and measurement of peak demand across all distributors during the Technical Advisory Team discussion and associated Workshop in the second phase of consultations. Input on the merits of various methods is also sought.

Appendix 1 – Direct Assignment of Accounts p. p. 12
Appendix 1 – Direct Assignment of Accounts Appendix 1 - Direct Assignment of Accoun its USoA Account # Accounts Direct Assignment Distribution Plant 1875 Street Lighting and Signal Systems х General Plant 1965 Water Heater Rental Units х 1...

AI summary This document outlines the direct assignment of accounts related to distribution plant and customer account expenses, including specific account numbers and their allocations. It also includes a table detailing the functionalization of selected accounts across various categories such as distribution, metering, and customer services.

Appendix 6 Illustrative Example of the Derivation of a Weighted Customer Allocation Factor - Metering p. p. 12
Appendix 6 Illustrative Example of the Derivation of a Weighted Customer Allocation Factor - Metering Col.1 Col. 2 Col. 3 Col. 4 Customer Rate Class Cost per Meter (Installed) ($) Number of Meters Weighted Metering Costs (1) ($) Weighted F...

AI summary This appendix provides an illustrative example of how a weighted customer allocation factor for metering is derived. It shows the cost per meter, number of meters, weighted metering costs, and weighted factors for different customer rate classes, including residential, GS < 50 kW, GS > 50 kW, and large users.

Appendix 7 - Board's 2003 Load Data Collection Directions, RP-2003-0228 p. pp. 12-83
Appendix 7 - Board's 2003 Load Data Collection Directions, RP-2003-0228 Ontario Energy Commission de l'Énergie Board de l'Ontario P.O. Box 2319 C.P. 2319 2300 Yonge Street 2300, rue Yonge 26th. Floor 26e étage Toronto ON M4P 1E4 Toronto ON...

AI summary The Ontario Energy Board issued directions in 2003 regarding load data collection, referencing the need for updated load profiles for cost allocation studies. The document outlines the formation and reactivation of a Cost Allocation Working Group and includes a joint proposal from over 40 distributors for province-wide load data collection.

Average v. Marginal Cost p. p. 83
Average v. Marginal Cost The Working Group was asked to assess the merits of an average versus a marginal cost approach to undertaking the upcoming cost allocation studies. The Group recommended use of an average ("embedded") cost approach...

AI summary The Working Group recommended using an average (embedded) cost approach for upcoming cost allocation studies, similar to Ontario's natural gas distributors. The Board accepted this recommendation, emphasizing that marginal pricing principles may still be considered during the rate design stage.

A) General Load Data Collection Directions p. p. 83
A) General Load Data Collection Directions The Board hereby issues the following Directions to all Ontario electricity distributors regarding the upcoming collection of load data. In these Directions, the term "rates classification" refers...

AI summary The Board provides directions to Ontario electricity distributors on collecting load data, defining 'rates classification' and outlining current rate classes and subclasses as per the Electricity Distribution Rate Handbook.

Issue 1) What type of load data should be collected? p. p. 83
Issue 1) What type of load data should be collected? To provide the full range of data that may be needed when subsequently completing the cost allocation studies, the Working Group recommended interval load data be collected. The Board ag...

AI summary The Working Group recommends collecting interval load data for cost allocation studies. The Board agrees and specifies that the interval should not exceed one hour, addressing concerns raised by Guelph Hydro regarding appropriate time intervals.

Issue 3) In order to ensure reliability of the load data gathered, what sampling methodologies are appropriate? p. p. 83
Issue 3) In order to ensure reliability of the load data gathered, what sampling methodologies are appropriate? The Working Group recommended that any of the statistically-verifiable sampling methodologies discussed in the leading North Am...

AI summary The Working Group recommends using statistically-verifiable sampling methodologies from the AEIC's Load Research Manual for load data collection. The Board supports this and suggests that Ontario distributors may adopt a common methodology to facilitate data sharing. The Board also advocates for a province-wide sampling program to achieve cost efficiencies and ensure data reliability.

Issue 5) Is additional metering needed? Are there any practical constraints if additional metering is required? p. p. 83
Issue 5) Is additional metering needed? Are there any practical constraints if additional metering is required? a) Re Timing: The Working Group advised that it is not feasible to commence load data collection on January 1, 2004 (as origina...

AI summary The Board addresses Issue 5 regarding the timing and costs of additional metering for load data collection. It acknowledges delays in metering due to installation and testing timelines and directs that data collection commence by February 1, 2004. The Board also agrees that a joint load data collection initiative is more economical than individual programs.

Issue 7) Meter Accuracy. p. p. 83
Issue 7) Meter Accuracy. The Working Group recommended that the individual customer metering to be installed for load data research purposes be within plus/minus 1% accuracy. The Board accepts this recommendation. It should be noted that t...

AI summary The Board accepts the Working Group's recommendation that individual customer meters for load data research should be within ±1% accuracy. However, it does not mandate the use of Measurement Canada approved meters for this purpose, emphasizing that interval meters should not replace approved billing meters unless they are also approved for billing.

Issue 8) Substation Metering. p. p. 83
Issue 8) Substation Metering. The Working Group recommended that measuring the load profile at a transformer station or substation feeder (or by means of SCADA) could be used as a check on the reasonableness of the profiles derived from ra...

AI summary The Board agrees with the Working Group's recommendation that load data from substations or SCADA systems can only be used to verify data from statistically-verifiable interval metering of individual customers, to ensure accuracy in rate-setting.

Issue 10) Is it acceptable that the load profile of a rate classification be estimated as a residual? p. p. 83
Issue 10) Is it acceptable that the load profile of a rate classification be estimated as a residual? The Working Group noted that the use of a residual estimate of a rate classification's load profile has been used in load data research s...

AI summary The Working Group considered the acceptability of using a residual estimate for load profiles of rate classifications. While some suggested any classification could be used, the Board recommends restricting this method to the most heterogeneous classification, General Service<50 kW, to ensure reliability.

Issue 11) Relationship between load data to be collected and rate classifications. p. p. 83
Issue 11) Relationship between load data to be collected and rate classifications. The Working Group recommended that the present rate classifications be the starting point for designing the load research program and, as a result, each dis...

AI summary The Board accepts the Working Group's recommendations on load data collection for rate classifications, directing that updated interval load data be collected for each rate classification in the 2006 rates application, with exceptions for certain cases such as similar load profiles and deemed load profiles for specific uses.

Issue 12) Future Introduction of a new General Service Subclass. p. p. 83
Issue 12) Future Introduction of a new General Service Subclass. The RP-2000-0069 decision (see paragraph 3.5.7) indicated that "the Board will initiate a review of the rate design for the general service class". Several distributors, duri...

AI summary The document discusses the potential introduction of a new General Service subclass, noting that while some distributors support localized determination of subclass boundaries, others oppose a province-wide approach. The Board will proceed cautiously and may use existing load data from interval meters to inform future reviews.

Issue 13) Rate classifications potentially not requiring new sample metering. p. p. 83
Issue 13) Rate classifications potentially not requiring new sample metering. The Working Group believed that not every rate classification will require its own new sample metering. In particular:

AI summary The Working Group believes that not all rate classifications require new sample metering, suggesting that some may be grouped or handled differently to avoid redundant metering processes.

a) Street lighting and sentinel lights p. p. 83
a) Street lighting and sentinel lights The Working Group recommended individual distributors use their approved street lighting hours of use when calculating a "deemed" street lighting load profile. The Board accepts this recommendation an...

AI summary The Working Group recommended using approved street lighting hours for calculating deemed load profiles, which the Board accepted. The Board also directed that distributors provide details on how these profiles are calculated and agreed to apply the deemed profile to sentinel lights.

c) Low density rates and poly-phase rates p. p. 83
c) Low density rates and poly-phase rates The Working Group noted that detailed cost data is required to support rate schedules that reflect differing customer density, and also to reflect three-phase versus singlephase service. But it und...

AI summary The Working Group recommends that detailed cost data be used for low density and poly-phase rates without requiring separate load data, as these classifications are not expected to have significantly distinctive load profiles. The Board agrees and will not require separate load profiles for these rates.

e) Intermediate Use p. p. 83
e) Intermediate Use The Working Group assumed that all customers in a distributor's Intermediate Use subclass are individually interval metered and therefore appropriate load data will be available. If this assumption proves incorrect for...

AI summary The Working Group assumes all Intermediate Use customers are individually interval metered, requiring appropriate load data. If incorrect, distributors must file additional data. The Board notes the current definition of Intermediate Use in the Distribution Rates Handbook may differ from approved subclasses, suggesting a potential review of the definition.

f) Time of Use ("TOU") distribution rates p. p. 83
f) Time of Use ("TOU") distribution rates The Working Group assumed that if any distributor has approved TOU distribution rates, such customers will be individually interval metered and therefore the appropriate load data will be available...

AI summary The Board acknowledges the need for accurate interval load data for TOU distribution rates and requires distributors to collect such data. It also expects that the future role of TOU rates will be considered during rate design consultations, and distributors must justify the distinctiveness of distribution costs for TOU rate classifications.

g) Voltage-based rates p. p. 83
g) Voltage-based rates The Working Group was unsure of whether additional data would be needed to support the introduction of voltage-based rates for Large or Intermediate use customers. The Board directs that any distributor planning to i...

AI summary The Working Group is uncertain if more data is needed to support voltage-based rates for Large or Intermediate use customers. The Board requires distributors to include load and financial data in their cost allocation filings if they plan to introduce such a rate classification.

B) Board Response to Province-wide Joint Load Data Collection Proposal p. p. 83
s in this rate classification, which will provide new data to check and possibly refine the estimate. - · It will be assumed that all Intermediate and Large Use customers are interval metered already. Guelph Hydro commented that the incide...

AI summary The Board supports the Ontario Load Data Research Group's proposal for joint load data collection, acknowledging potential concerns about interval metering coverage but believing the data will be sufficient for cost allocation studies. The Board expects the group to begin data collection by February 1, 2004, and to report on progress by December 22, 2003, and February 2, 2004.

Load data research to support a future review of General Service Subclasses p. p. 83
Load data research to support a future review of General Service Subclasses The Ontario Load Data Research Group is expected to investigate whether the data available from the thousands of interval meters already installed amongst their me...

AI summary The Ontario Load Data Research Group is investigating whether existing load data from interval meters can inform future discussions on adjusting General Service Subclasses, including potential changes to subclass boundaries and the introduction of a new subclass. The Board is not making a decision now but aims to organize data to support future stakeholder discussions.

N-64N-64.pdf 129 passages
COST ALLOCATION REVIEW p. p. 0
COST ALLOCATION REVIEW Board Directions on Cost Allocation Methodology For Electricity Distributors

AI summary The document outlines the Board's directions regarding the methodology for cost allocation among electricity distributors, emphasizing the need for a fair and transparent approach to distributing costs.

1.2 Scope of the Review p. pp. 4-5
1.2 Scope of the Review The Chair of the Ontario Energy Board advised stakeholders in a letter dated March 9, 2005 that a cost allocation review would proceed and that the review would be based "primarily on the existing rate classificatio...

AI summary The Ontario Energy Board's review of cost allocation is limited to existing rate classifications and a few rate design issues. Topics like rate classification boundary smoothing, distribution rate philosophy changes, and new time-of-use rates are outside the current scope. A separate study on distribution rate design is planned for 2007.

1.5.1 Common Cost Allocation Methodology p. p. 5
1.5.1 Common Cost Allocation Methodology In this Report the Board has established a common cost allocation methodology for use by Ontario electricity distributors. To assist in the completion and review of the filings, certain default valu...

AI summary The Board has established a common cost allocation methodology for Ontario electricity distributors, emphasizing sound cost causality and using consistent methodology with utility-specific inputs to support cost allocation reviews.

1.5.2 Cost Allocation Information p. p. 5
1.5.2 Cost Allocation Information The filings will provide the revenue to cost ratio, and rate of return, for each rate classification of a distributor. This information will document the extent of any inherent cross-subsidization between...

AI summary The filings will include the revenue to cost ratio and rate of return for each rate classification of a distributor, documenting any inherent cross-subsidization between rate classifications.

1.5.3 Rate Classification Information p. p. 5
1.5.3 Rate Classification Information For the purpose of the cost allocation filings, the term "rate classification" will generally refer to any separate distribution rate class or subclass. Each rate classification will be modeled separat...

AI summary The document outlines potential changes to rate classifications for distribution services, including eliminating the 'Time of Use' class and introducing new classifications for large users and unmetered loads. These changes will be modeled separately, with historical data from 2004 used for assessment. The upcoming Electricity Distribution Rate Design Review will inform the implementation of these changes.

1.5.4 Customer Unit Cost Information p. p. 5
1.5.4 Customer Unit Cost Information The filing model will produce customer unit costs per month for each rate classification. To assist with reviewing the range of current fixed monthly customer service charges, the model will generate re...

AI summary The filing model generates monthly customer unit costs for each rate classification, including lower and upper end estimates. These unit cost data, along with other rate design goals, will be considered before implementing changes to fixed monthly customer service charges.

1.5.8 Specialized Situations p. p. 8
1.5.8 Specialized Situations This Report sets out a common cost allocation methodology that is intended to cover the great majority of the situations to be faced by a typical distributor. There may be specialized situations for which the R...

AI summary This section outlines a common cost allocation methodology for distributors, noting that it may not cover all specialized situations. It mentions that including generation assets in the rate base is rare and that distributors should use sound practices and explain any uncovered situations in their Filing Summary.

1.6 The OEB Cost Allocation Filing Model p. pp. 8-9
1.6 The OEB Cost Allocation Filing Model The OEB cost allocation review filing model and accompanying instructions are planned for release to all distributors shortly after the issuance of this Report. All licensed electricity distributors...

AI summary The OEB is planning to release a cost allocation review filing model for electricity distributors, with exceptions for certain entities. Most distributors are expected to use the standard model, while others must create their own with Board approval and ensure consistency with the outlined methodology.

1.7 Model Runs to be Filed p. p. 9
1.7 Model Runs to be Filed Distributors will be required to submit a Run 1 and a Run 2 of the filing model. Run 1 will generally be based on the distributor's approved 2006 rate classifications including any approved interim rates. Special...

AI summary Distributors must submit two model runs (Run 1 and Run 2) based on approved rate classifications, with special rules for merging distributors. Run 2 must include specific rate classification changes identified in the report. Model filings should remain consistent, with exceptions documented. Run 3 is optional and must include explanations for changes. Alternative data methods are allowed if better data is available and must be documented.

1.11 Potential Future Implementation in Rates p. p. 11
1.11 Potential Future Implementation in Rates In light of the extensive effort given to this process and the Board's deliberations with respect to the appropriate cost allocation methodology, parties should expect that the Board will give...

AI summary The Board emphasizes the importance of the cost allocation methodology used in this Report, which will heavily influence future rate hearings. Adjustments to cost allocations, rate classifications, or rate design will be determined based on the review of filings and upcoming consultations. Distributors may be required to address specific matters in future rate applications, with potential implementation of new rates as early as May 2008.

2.1 Background p. p. 12
2.1 Background When establishing the scope of the cost allocation review, the Board decided to base the review primarily on the approved 2006 rate classifications. These are to be incorporated in Run 1 of the filing model. The Board also d...

AI summary The Board is conducting a cost allocation review based on the 2006 rate classifications, with Run 1 incorporating these classifications and Run 2 including limited changes. Distributors may submit Run 3 for additional changes with supporting data. Special cost methodologies will be used for certain cases, and future discussions on Retail Transmission Service Rates are noted.

2.1.1 Modeling p. p. 12
2.1.1 Modeling The OEB cost allocation model includes the rate classifications common to the bulk of distributors. The model to be issued will include space for several additional utility-specific rate classifications.

AI summary The OEB cost allocation model includes standard rate classifications for distributors and will be updated to accommodate additional utility-specific classifications.

2.1.2 Merging Distributors p. pp. 12-13
2.1.2 Merging Distributors Separate rules (see Chapter 3 for details) will apply to distributors that have merged and there is a significant prospect that separate rate classifications will not be maintained. Where applicable, separate zon...

AI summary The section discusses rules for merged distributors, stating that separate rate classifications may not be maintained and that zonal rates may not be required in certain filings. Distributors that have merged are advised to review these rules.

2.2.1 Embedded Distributors p. p. 13
2.2.1 Embedded Distributors For Run 1, the distributor should model its currently-approved rate structure. If the approved charge to an embedded distributor is represented as a separate rate classification in the 2006 rate order for the ho...

AI summary The text discusses modeling rate structures for embedded distributors, noting that if a separate rate classification exists in the 2006 rate order, it should be modeled in Run 1. For Run 2, customers receiving standard rates may be reclassified into the embedded distributor rate classification.

2.2.3 Load Displacement Generation ("LDG") Rate Classification for Run 1 p. pp. 13-15
2.2.3 Load Displacement Generation ("LDG") Rate Classification for Run 1 Distributors with currently-approved "standby" rates, including interim standby rates, will be required to address load displacement generation in Run 1 of the filing...

AI summary The document outlines the requirements for distributors to address load displacement generation (LDG) in Run 1 of the filing. It discusses two approaches for allocating costs to LDG customers, depending on whether current standby rates are based on standard rate classifications. A common methodology is to be developed for cost allocation.

2.3 Run 2 of the Filings p. p. 15
2.3 Run 2 of the Filings In Run 2 of the filing model, select rate classification changes must be incorporated. Specifics are listed below. The Board will consider implementation following the cost allocation review. The results of the Ele...

AI summary Run 2 of the filing model requires specific rate classification changes, with the Board considering implementation after a cost allocation review. The Electricity Distribution Rate Design Review results will be considered, though standby service rates are excluded from this change.

2.3.1 Test Year and Rate Classifications p. p. 15
2.3.1 Test Year and Rate Classifications For 2006 EDR historic test year filers, the applicability of the classification changes will be assessed using 2004 data. For example, if a historic test year filer became a host distributor for an...

AI summary The document discusses how the classification changes for 2006 EDR historic test year filers will be assessed using 2004 data, with an example provided regarding embedded distributor rate classifications.

2.3.2 Elimination of Legacy Time of Use ("TOU") Rates p. pp. 15-16
2.3.2 Elimination of Legacy Time of Use ("TOU") Rates The legacy distribution rates known as "Time of Use" must be eliminated in Run 2 of the filing. This will apply to any legacy TOU rates for GS>50 kW customers. These customers should be...

AI summary The document discusses the elimination of legacy Time of Use (TOU) rates for large customers (GS>50 kW) in Run 2 of the filing. Distributors must reclassify these customers under either an existing demand range or the existing GS>50 kW classification, with appropriate cost allocation. The merits of new TOU rates are not addressed in this project, but any interim TOU rates must be included and explained in the filing.

2.3.3 New Large User Rate Classification p. p. 16
2.3.3 New Large User Rate Classification In some cases, a distributor may have a customer in a General Service classification that on a 12 month average has demand of 5,000 kWs or more. If this occurred in the test year underlying 2006 rat...

AI summary The document discusses the creation of a new Large User rate classification for distributors when a General Service customer has an average demand of 5,000 kWs or more over 12 months. If this occurred in the test year for 2006 rates, the Large User classification must be modeled in Run 2 of the filing, using the same cost allocation methodology as other rate classifications.

2.3.4 Common Separate Rate Classification for Embedded Distributors p. pp. 16-17
2.3.4 Common Separate Rate Classification for Embedded Distributors There are a number of host distributors that are providing a distribution service to embedded distributors. In some cases, host distributors have created a separate rate c...

AI summary The document discusses the need for a common separate rate classification for embedded distributors, noting that some host distributors have already created such classifications or treat embedded distributors as General Service customers. The Board recommends modeling a common classification in Run 2 filings, while acknowledging stakeholder concerns about the cost rationale for separate classifications.

2.3.5 Common Separate Rate Classification for Unmetered Scattered Loads p. p. 17
2.3.5 Common Separate Rate Classification for Unmetered Scattered Loads It is understood that it is more common in other jurisdictions to treat USL as a separate rate classification. To provide further relevant information to the Board, Ru...

AI summary The document discusses the classification of Unmetered Scattered Loads (USL) as a separate rate classification in Run 2, requiring distributors to model USL as fully separate, including both photo-sensitive and non-photo-sensitive loads, to promote simplicity in rate classification.

2.3.6 Rate Classification for Customers with Substantial Load Displacement Generation p. pp. 17-19
2.3.6 Rate Classification for Customers with Substantial Load Displacement Generation In Run 2 of the filings, all distributors serving customers with significant load displacement generation will be required to model LDG rates as a fully...

AI summary This section discusses the requirement for distributors to model Load Displacement Generation (LDG) rates as a separate classification in Run 2 of filings, particularly for customers with a standby distribution service requirement of 500 kW or greater. It also addresses concerns about the reliability of load data and the use of the Run 1 approach if necessary.

2.4 Optional Rate Classification Changes in Run 3 p. p. 19
2.4 Optional Rate Classification Changes in Run 3 A distributor will only be permitted to model the following items in an optional Run 3 filing:[6](#page-19-1) - the deletion of a rate classification with supporting rationale - the additio...

AI summary The text outlines the permissible changes for optional Run 3 filings by distributors, including the deletion or addition of rate classifications, adjustments due to customer loss, and specific modeling options. Certain rate classifications, such as density and seasonal based rates, cannot be added in Run 3. Zonal rates require additional load and cost data.

3.1 Load Data - General Requirements p. pp. 20-21
3.1 Load Data - General Requirements All distributors are generally expected to provide reasonable supporting load data for each separate rate classification to be modeled in Run 1, 2 or 3 of the cost allocation filing. Distributors consid...

AI summary This section outlines the general requirements for load data submission by distributors in cost allocation filings. Distributors must provide reasonable load data for each rate classification modeled in Runs 1, 2, or 3. Specific guidelines are provided for different classifications, including the use of interval meter data and approved load profiles. Special provisions apply to GS<50 kW and Unmetered Scattered Load classifications.

3.2 Load Data Requirements for Merging Distributors p. p. 21
3.2 Load Data Requirements for Merging Distributors For Run 1, distributors will generally be required to model all their currentlyapproved rate classifications and provide supporting load data. Separate rules will apply to distributors th...

AI summary This section outlines the load data requirements for merging distributors, specifying that if a distributor has prior Board approval for rate harmonization or a commitment to it, separate load profiles and zonal rates are not required in Run 1 or Run 2 of the filing.

3.3 Information Required for Completion of Utility-specific Load Profiles p. pp. 21-22
3.3 Information Required for Completion of Utility-specific Load Profiles A large group of distributors earlier gathered province-wide load data for the residential and GS>50 kW rate classifications. This load data has been analysed by the...

AI summary The document outlines the process for creating utility-specific load profiles for residential and GS>50 kW rate classifications. It requires distributors to provide specific information, such as appliance saturation surveys or estimates, and specifies that most distributors will use the Hydro One Load Data Team for this task.

3.4.1 Background – Weather Normalization of Load Data p. p. 22
3.4.1 Background – Weather Normalization of Load Data In order to make the important load data input more reliable for cost allocation purposes, the Board instructed in its letter of March 7, 2006 that distributors must weather normalize t...

AI summary The Board mandated in 2006 that distributors weather normalize their load profiles to improve reliability for cost allocation, adopting Hydro One's methodology as the standard approach.

3.5.1 Background p. p. 23
3.5.1 Background As indicated, the Board has directed that the load profiles to be employed for the cost allocation demand allocators must be weather normalized using the established Hydro One methodology. That methodology uses average wea...

AI summary The Board has directed the use of a 31-year weather normalization methodology for load profiles in the cost allocation demand allocators. Historic data from the 2006 EDR process used a three-year average, and there is uncertainty about whether the difference in methodologies will be material. Some stakeholders believe the difference may not be significant, while others are concerned about its potential impact.

3.5.2 Directions – Additional Model Output p. pp. 23-24
3.5.2 Directions – Additional Model Output For purpose of sensitivity analysis, the filing model should include an output to show the difference in revenue based on using the approved kWhs from the 2006 EDR model and the normalized kWhs pr...

AI summary The document outlines requirements for sensitivity analysis in a filing model, emphasizing the use of approved kWhs from the 2006 EDR model and normalized kWhs from the filer's load data service provider. It also highlights the need to adjust for losses in billing data and explains how distributors should compare methodologies in their cost allocation filings.

3.6 Load Profile for Separate Load Displacement Generation Rate Classification p. p. 24
3.6 Load Profile for Separate Load Displacement Generation Rate Classification Two different load data approaches may be modeled for these customers in Run 2 and Run 3, as the Board considers it useful to obtain a broad range of informatio...

AI summary The document discusses two different load data approaches for modeling customers in Run 2 and Run 3, aiming to gather a wide range of information on cost allocation for load displacement generation customers. Stakeholders will be given a future opportunity to comment on these approaches.

3.6.2 Load Profile for Run 3 p. p. 24
3.6.2 Load Profile for Run 3 Distributors may file a Run 3 of the filing in which the load data for the separate LDG rate classification is modeled by an alternative method of adding the actual, or estimated if actual not available, metere...

AI summary The document discusses the method for modeling load data in Run 3 filings, specifically addressing the inclusion of load displacement generation (LDG) and the consideration of diversity among LDG customers. Stakeholders have expressed varying opinions on the availability of data and the need to account for diversity in load displacement generation.

3.7 Load Profile for Separate Unmetered Scattered Load Class p. pp. 24-26
3.7 Load Profile for Separate Unmetered Scattered Load Class Where USL[9](#page-26-0) is to be treated as a separate rate classification in the model (e.g. Run 2), the combined load profile must be calculated as follows: Step 1) Non-Photo-...

AI summary This section outlines the methodology for calculating the load profile for Unmetered Scattered Loads (USL) when treated as a separate rate classification. It specifies that non-photo-sensitive loads use a deemed load profile based on combined load shapes, with flat profiles for most types of non-photo-sensitive unmetered loads.

4.1.1 Background p. p. 28
4.1.1 Background Cost allocation studies are generally performed using data for a one year reference period or "test year". For the purpose of the upcoming filings, the revenue requirement (as defined below) and the data underlying the app...

AI summary Cost allocation studies are based on a one-year reference period, and the 2006 distribution rates will be used for upcoming filings. Adjustments approved by the Board to the 2006 EDR revenue requirement must be reflected in the cost allocation filing.

4.1.3 Direction - Distributors that used a forward test year in the 2006 EDR applications p. p. 28
4.1.3 Direction - Distributors that used a forward test year in the 2006 EDR applications For distributors that had earlier filed using a forward test year (i.e. Hydro One Networks Inc., Hydro Ottawa Limited, and Toronto Hydro-Electric Sys...

AI summary Distributors that used a forward test year in their 2006 EDR applications must use the trial balance from the Board-approved 2006 rates for cost allocation filings. They should not make additional adjustments, and must regroup trial balance accounts if detailed information was not provided. Non-utility operations and non-recurring regulatory accounts should be excluded, as well as adjustments for smart meters.

4.1.4 Direction – Distributor(s) that will not have approved 2006 rates at the time of its cost allocation filing p. p. 28
4.1.4 Direction – Distributor(s) that will not have approved 2006 rates at the time of its cost allocation filing In the case of any distributor that does not have approved 2006 rates at the time of its cost allocation filing, the distribu...

AI summary Distributors without approved 2006 rates must use their 2004 trial balance for cost allocation filings. Adjustments include averaging net fixed assets from 2003 and 2004, applying the 2005 MBRR and PILs, and removing non-utility and non-recurring costs. Revenue is based on current approved rates and 2004 customer and usage data.

5.1 Background p. pp. 33-34
5.1 Background As an initial step in a cost allocation study, a distributor should identify any significant distribution facilities that are dedicated exclusively to only one customer rate classification. The costs of such a facility, and...

AI summary The document discusses the principles and criteria for direct allocation of distribution costs to specific customer rate classifications. It emphasizes that direct allocation should only apply when facilities are exclusively used by a single classification and addresses scenarios involving redundancy and backup services. The Board prefers the 100% use test for direct allocation and rejects the use of a 'predominant' (90%) test due to complexity in cost allocation.

5.2 Direction – Direct Allocation Methodology p. p. 34
5.2 Direction – Direct Allocation Methodology Direct allocation must be applied if, and only if, 100% of the use of a clearly identifiable and significant distribution facility can be tracked directly to a single rate classification. If a...

AI summary The document outlines the conditions and requirements for using the direct allocation methodology in distribution cost allocation. It specifies that direct allocation must be used when 100% of the use of a distribution facility can be traced to a single rate classification and details the supporting documentation required.

6.2.1 Introduction p. p. 37
6.2.1 Introduction The objective of breaking out accounts into sub-accounts is to better reflect the costs ultimately associated with specific assets according to the role of these assets in the distribution system, i.e., their function. T...

AI summary This section discusses the purpose of breaking out accounts into sub-accounts to better reflect the costs associated with specific assets based on their function in the distribution system. This approach will influence how costs are allocated to different rate classifications. Examples include the division of Account 1835 into sub-accounts based on functions such as bulk, primary, and secondary.

Stakeholder Discussions on Bulk Asset Test p. p. 37
Stakeholder Discussions on Bulk Asset Test The Board believes the most appropriate manner to implement a functional approach towards identifying bulk assets involves a separation of the distribution assets to identify any assets that were...

AI summary The Board discusses the implementation of a functional approach to identify bulk assets, emphasizing the need for a clear definition to ensure consistent cost allocation. The approach focuses on system peak considerations and addresses stakeholder concerns about inconsistent application of the bulk asset test.

6.3.2 Direction - Breakout of Bulk, Primary and Secondary Sub-accounts p. p. 42
6.3.2 Direction - Breakout of Bulk, Primary and Secondary Sub-accounts The bulk, primary and secondary sub-accounts should be broken out to the corresponding rate classifications that use those assets. In particular: - Secondary costs will...

AI summary The text outlines how bulk, primary, and secondary sub-accounts should be allocated to rate classifications based on the use of corresponding assets, with specific rules for cost allocation depending on customer and load percentages.

6.3.3 Direction - Customer Data for Bulk, Primary and Secondary p. p. 42
6.3.3 Direction - Customer Data for Bulk, Primary and Secondary For each rate classification, a distributor will need to provide the number of customers that use the bulk (if any), primary and secondary assets. The customer numbers are not...

AI summary This section outlines the requirements for distributors to report the number of customers connected to bulk, primary, and secondary assets, emphasizing that these numbers include both direct and indirect connections. Examples in Appendix 6.2 are provided to guide the proper entry of these numbers into the filing model.

7.1 Introduction p. p. 49
7.1 Introduction The categorization step, also referred to as "classification", consists of subdividing distribution assets and O& M expenses into the following cost-based groupings: - demand-related, and/or - customer-related. Distributio...

AI summary The categorization step, or classification, involves subdividing distribution assets and operating and maintenance expenses into demand-related and customer-related groupings based on cost causality. Joint costs will be divided into customer and demand-related proportions using generic minimum system results, and allocated to rate classifications using allocators detailed in subsequent chapters.

7.2 Direction – Identification of Accounts p. pp. 49-50
7.2 Direction – Identification of Accounts For the cost allocation filings, functionalized grouped costs will be ultimately classified into one of the four components: - 100% demand-related - 100% customer-related - joint related (both cus...

AI summary This section outlines the classification of functionalized grouped costs into four categories: 100% demand-related, 100% customer-related, joint related, and pro-rata related. Examples include metering and billing as customer-related, distribution stations as demand-related, and joint costs like poles and transformers. Pro-rata related costs are allocated based on specific methods outlined in Chapter 10.

7.3.1 Background p. p. 50
7.3.1 Background Three principal options for categorizing joint distribution assets and operating expenses were initially identified. Each approach has been approved by various regulators across North America. The minimum system approach i...

AI summary Three principal options for categorizing joint distribution assets and operating expenses were identified. The minimum system approach is preferred for use in filings as the common categorization method, while the basic customer method is used for calculating lower end customer unit costs to assist with future rate design.

Option 2: Minimum System Method p. p. 50
Option 2: Minimum System Method The minimum system method assumes that a minimum-size distribution system can be built to serve the minimum load requirements of the customer. The minimum system method involves determining the minimum size...

AI summary The minimum system method assumes a minimum-size distribution system can be built to serve customer load requirements. It classifies costs as either customer-related or demand-related. The method involves determining the minimum size of distribution infrastructure and adjusting for peak load carrying capability to ensure accurate cost allocation.

Option 3: Basic Customer Method p. pp. 50-52
Option 3: Basic Customer Method This approach categorizes as customer-related costs only those capital and operating expenses that are directly associated with adding another customer. Examples of such costs are the capital and operating c...

AI summary Option 3, the Basic Customer Method, allocates customer-related costs only to those directly tied to adding a new customer, such as meters and service drops. Unlike other methods, it does not consider upstream distribution infrastructure costs. While it will not be approved for cost allocation, it may be useful for providing unit cost information for future reviews of fixed monthly customer charges.

7.3.2 Direction – Use of Minimum System Method and Basic Customer Method in Filings p. p. 52
7.3.2 Direction – Use of Minimum System Method and Basic Customer Method in Filings For cost allocation purposes, the minimum system approach will be used as the common categorization method. Generic minimum system results will be set out...

AI summary The document outlines the use of the minimum system method and basic customer method for cost allocation in filings. It specifies that the minimum system approach will be used for calculating revenue to cost ratios and splitting joint costs, with a standard PLCC adjustment. The basic customer method will be used to determine the lower range of unit costs, while the minimum system method will establish the upper range.

7.4.2.4 Direction – Density Thresholds and Measurements for Cost Allocation Filings p. p. 52
7.4.2.4 Direction – Density Thresholds and Measurements for Cost Allocation Filings For purposes of stratifying the generic minimum system results used in the cost allocation filings, 30 customers per kilometre will be the dividing line be...

AI summary This section outlines guidelines for determining density thresholds and measurement methodologies for cost allocation filings, specifying customer per kilometre thresholds and defining line length and customer count criteria. It also allows for alternative density classifications with appropriate justification and documentation.

7.5.1 Background – PLCC Adjustment p. p. 56
7.5.1 Background – PLCC Adjustment The minimum distribution system will carry a small amount of demand. The actual amount of demand capability within the minimum system is a function of load density, minimum required clearances, minimum eq...

AI summary The PLCC adjustment aims to correct over-allocation of demand costs by crediting the minimum system's capacity against non-coincident peak demands. The Board approved a generic 0.4 kW adjustment per customer/connection, rejecting stakeholder suggestions for larger adjustments or zero thresholds, as they contradict the principle of equal cost allocation for the minimum distribution system.

Cost Allocation Adjustment p. pp. 56-57
Cost Allocation Adjustment The PLCC in kW per customer or per connection should be multiplied by each rate classification's number of customers or connections. For the purposes of the PLCC adjustment, the model will first consider if there...

AI summary The document outlines a method for adjusting the PLCC (Peak Load Carrying Capability) to allocate a distributor's capital and O&M costs based on the number of customers or connections in each rate classification. It specifies that this adjustment does not apply to bulk delivery facilities, and explains how the demand capacity is calculated and subtracted from non-coincident peak values.

Customer Unit Cost Adjustment p. pp. 57-58
Customer Unit Cost Adjustment Another output of the filing model is customer and demand unit costs by rate classification. These unit costs can be used to help set future distribution rates; however, to reflect the results of the PLCC adju...

AI summary The filing model produces customer and demand unit costs by rate classification, which can be used to set future distribution rates. To reflect the PLCC adjustment, customer-related costs should be moved into demand-related costs before rate determination, though the total cost allocated to the rate classification remains unchanged.

7.5.3 Filing Question p. p. 58
7.5.3 Filing Question If any distributor suspects its generic minimum system result and/or the generic PLCC adjustment has contributed to an anomalous filing result for a rate classification, an explanation should be included in the Filing...

AI summary The text states that if a distributor suspects that the generic minimum system result or the generic PLCC adjustment has caused an anomalous filing result for a rate classification, an explanation should be included in the Filing Summary.

7.6.2 Direction – Use of Distributor-Specific Minimum System Study p. pp. 58-59
7.6.2 Direction – Use of Distributor-Specific Minimum System Study While use of the generic minimum system results is encouraged for these filings, if a distributor does undertake a new minimum system study before its filing date, then the...

AI summary This section outlines the conditions under which a distributor may use its own minimum system study in filings, including requirements for disclosure in the Filing Summary. It also specifies the information that must be provided when using a distributor-specific study, such as methodology, system definitions, and PLCC adjustments.

8.2.1 Introduction p. p. 61
8.2.1 Introduction Some version of NCP is generally used in Canada to allocate most demandrelated distribution costs. The reasons include: - In most cases, distribution assets are sized to meet the maximum demand for a group of customers a...

AI summary The text explains why Non-Coincident Peak (NCP) is commonly used in Canada to allocate demand-related distribution costs. It notes that distribution assets are sized based on maximum demand for customer groups, not system coincident peaks, and that NCP provides a fairer allocation of costs to rate classifications that use the assets, even if they are not consuming much electricity during system peaks.

8.2.2.1 Background p. p. 61
8.2.2.1 Background There are various specific forms of a NCP allocator and stakeholder discussions focused on the merits of the following: - 1 NCP This option involves the use of highest monthly non-coincident demand peak. - 4 NCP This opt...

AI summary The document outlines different methods for allocating NCP (Non-Coincident Peak) based on the highest monthly non-coincident demand peak, the average of the four highest monthly non-coincident demand peaks, and the average of the 12 monthly non-coincident demand peaks.

1 NCP p. p. 61
1 NCP 1 NCP is the most common version of NCP used in other jurisdictions. It is a widely-held view amongst stakeholders that the demand capacity of a distribution system is generally designed to handle the greatest single peak whenever th...

AI summary The document discusses the use of 1 NCP (Non-Coincident Peak) in cost allocation, noting that while it is widely used, stakeholders have raised concerns about its reliability due to limited load data. The Board concludes that 1 NCP should be used only when a pronounced peak is confirmed. A suggestion to collect multiple years of load data is noted for future consideration.

4 NCP p. p. 61
4 NCP A criterion accepted in prior Ontario cost allocation analyses is the importance of choosing a stable cost allocation methodology. 4 NCP will function as a more stable methodology than 1 NCP and so has an important practical advantag...

AI summary The document discusses the use of 4 NCP as a more stable cost allocation methodology compared to 1 NCP and 12 NCP, emphasizing its importance in ensuring accurate cost causality and reliability, particularly in Ontario's distribution systems.

12 NCP p. p. 61
12 NCP It is understood that 12 NCP was the demand allocator used when historic bundled rates were set under the former regulator. The technical case for use of 12 NCP was clearer in the past when generation costs were part of the bundled...

AI summary The document discusses the use of 12 NCP (Non-Coincident Peak) as a demand allocator in the context of historic bundled rates and its current inapplicability in unbundled environments. Stakeholders expressed concerns about the impact on weather-sensitive customers if 1 NCP were used instead. The Board emphasizes the need for a sound cost allocation methodology and suggests using a combination of 1 NCP and 4 NCP for better cost causality.

8.2.2.2 Direction - Tests for Use of NCP in Filings p. pp. 61-65
8.2.2.2 Direction - Tests for Use of NCP in Filings NCP will be the demand allocator used when allocating assets identified by a distributor as primary or secondary assets. 4 NCP will be the starting point for the common demand allocator t...

AI summary The document outlines the use of Non-Coincident Peak (NCP) as a demand allocator for cost allocation filings, specifying that 1 NCP is used when a pronounced peak exists, confirmed by a test where the highest month exceeds 20% of the average of the highest four months. The NCP test formula is provided, with thresholds for using 1 NCP or 4 NCP, and 12 NCP may be used in optional Run 3 with justification.

8.3.2 Direction - Tests for Use of CP in Filings p. p. 65
8.3.2 Direction - Tests for Use of CP in Filings For distribution assets and related O&M accounts that are solely designed to meet the distributor's system demand, CP will be used as the demand allocator. For the filings, this will consist...

AI summary This section outlines the use of Coincident Peak (CP) as a demand allocator for distribution assets and related O&M accounts designed to meet system demand. It specifies that CP will be subdivided into transmission transformation CP (TCP) and distribution CP (DCP), and describes how the choice between 1 CP, 4 CP, or 12 CP will be determined through a test incorporated into the filing model.

CP Test #1 p. pp. 65-66
CP Test #1 This test calculates the average of the twelve monthly system peaks as a percentage of the highest monthly system peak as follows: CP Test #1 = Average of 12 Monthly System Peaks ÷ Annual System Peak. A CP Test #1 result of 83 p...

AI summary CP Test #1 calculates the average of twelve monthly system peaks as a percentage of the annual system peak. A result of 83% or higher requires the use of the 12 CP method for allocating demand costs, while lower results necessitate conducting CP Test #2.

CP Test #2 p. p. 66
CP Test #2 This test calculates the average of the four highest monthly peaks as a percentage of the greatest monthly peak as follows: CP Test #2 = Average of the 4 highest Monthly System Peaks ÷ Annual System Peak. A CP Test #2 result of...

AI summary CP Test #2 calculates the average of the four highest monthly peaks as a percentage of the annual system peak. If the result is 83% or higher, the 4 CP method is used for demand cost allocation; otherwise, the 1 CP method is applied.

8.4.1 Background p. p. 66
8.4.1 Background Using a one hour (i.e. clock hour) measurement of peak is the most common approach when determining the demand allocator for electricity sector cost allocation studies. A few jurisdictions (for example, Manitoba) use a lon...

AI summary The document discusses the use of a one-hour measurement period for determining peak demand in electricity sector cost allocation studies, noting that this approach, combined with the 4 NCP/1 NCP test, provides an appropriate balance of policy objectives. Some jurisdictions, like Manitoba, use longer periods.

8.4.2 Direction – Measurement of Hourly Peak for NCP and CP p. p. 66
8.4.2 Direction – Measurement of Hourly Peak for NCP and CP For cost allocation purposes, the definition of peak for NCP or CP will be the standard one hour (clock hour) measurement of the peak hour. The use of a rolling 15 minute window f...

AI summary The document specifies that for cost allocation, the peak for NCP and CP will be measured using a standard one-hour clock hour, and the use of a rolling 15-minute window for measuring peak is prohibited.

8.5.1 Background p. p. 67
8.5.1 Background When customers with differing consumption patterns are pooled into a customer classification, this results in the sharing of the benefits of the diversity of their consumption patterns. These benefits arise because the cla...

AI summary This section discusses two approaches to sharing the benefits of diversity in customer classifications for cost allocation. Approach i) is preferred for its simplicity and alignment with North American practices, while approach ii) was suggested by some stakeholders but found to be less practical. The treatment of Unmetered Scattered Loads and Load Displacement Generation also has implications for diversity benefits and is addressed in Chapter 11.

8.5.2 Direction – Separate Treatment of Each Rate Class and Subclass For Cost Allocation Purposes p. pp. 67-68
8.5.2 Direction – Separate Treatment of Each Rate Class and Subclass For Cost Allocation Purposes Each "rate classification" (i.e. class or subclass) will be treated as independent and separate for cost allocation modeling and load data re...

AI summary The document outlines a directive for the separate treatment of each rate class and subclass in cost allocation modeling. Diversity is shared within rate classifications but not between them, except for certain charges linked to main classifications. This approach is for cost allocation only and does not affect future rate design discussions.

8.6.3 Filing Questions p. p. 68
8.6.3 Filing Questions A distributor must provide the following information for future reference as part of its Filing Summary: - 1. Provide an estimation of "non-technical" energy losses (e.g. theft of power, billing accruals, metering pr...

AI summary The distributor is required to estimate and report both non-technical and technical energy losses as a percentage of energy purchased, with technical losses further broken down by system components such as >50 kV, bulk, primary, and secondary assets, using definitions from cost allocations filings.

9.1 Introduction p. p. 70
9.1 Introduction Customer-related costs are commonly allocated by using the number of customers by rate classification, or by using weighted customer allocation factors. The weightings of customer allocation factors are typically developed...

AI summary Customer-related costs are allocated using rate classifications and weighted allocation factors that consider investment costs, service complexity, and customer density. These factors vary by asset type and O&M expenses to reflect specific cost characteristics, such as meter reading frequency and customer distribution.

9.3.1.1 Background p. p. 71
9.3.1.1 Background A common allocator used to allocate customer-related costs that are related to billing activities is the number of bills issued. The major accounts allocated on this basis are billing, collecting and associated supervisi...

AI summary The document discusses the allocation of customer-related costs based on the number of bills issued, including billing, collection, and customer care costs. Some parties suggested applying weighting factors to account for differences in costs across customer classifications, which the Board agreed to. Flexibility is provided for handling rate classifications not covered in the survey and for using utility-specific factors.

9.3.2.2 Direction – Allocation of Meter Capital Costs p. p. 72
9.3.2.2 Direction – Allocation of Meter Capital Costs Default installed meter capital costs will be provided for use when allocating meter capital costs. These are listed in Appendix 9.2. A distributor will enter the estimated number of in...

AI summary The document outlines a method for allocating meter capital costs across different rate classifications. It specifies the use of default costs, the inclusion of utility-installed meters, and the calculation of allocation percentages. Flexibility is provided for entering additional meter types if they differ significantly in cost from defaults, and small distributors may need to provide specific information if their costs differ materially.

9.3.3 Meter Reading Costs p. pp. 72-74
9.3.3 Meter Reading Costs 9.3.3.1 Background At present, the meters for most Residential and General Service < 50 kW customers are read manually. The frequency of meter readings may vary by rate classification and by distributor. It is the...

AI summary The document discusses the allocation of meter reading costs, noting that manual readings are more expensive for customers spread out, while electronic readings for larger users are less costly. A weighted factor approach is used to allocate these costs fairly across rate classifications.

9.3.3.2 Direction – Allocation of Meter Reading Costs p. p. 74
9.3.3.2 Direction – Allocation of Meter Reading Costs Default "relationship factors" related to meter reading costs are provided for use when allocating meter reading costs. Details are set out in Appendix 9.3. The cost to read a residenti...

AI summary The document outlines a method for allocating meter reading costs using relationship factors based on a residential urban outside meter as a base. Distributors must input data on installed meters and apply relationship factors to determine relative costs for each rate classification. Flexibility is allowed for up to five additional meter types if their reading costs differ by at least 10% from defaults.

9.3.4.1 Background p. p. 74
9.3.4.1 Background The installed costs of overhead and underground service drops are included in Account 1855. These costs are customer related and it is appropriate to allocate the costs associated with these services (e.g. depreciation,...

AI summary The document discusses the allocation of costs for overhead and underground service drops, which are included in Account 1855. These costs are customer-related and should be allocated based on the weighted number of customers or connections, with some stakeholders noting that certain rate classifications may have zero costs due to distributor demarcation policies.

9.3.4.2 Direction - Allocation of Services Costs p. p. 74
9.3.4.2 Direction - Allocation of Services Costs The weighted number of customers or connections will be used to allocate costs related to Services (Account 1855). It is intended that the weightings reflect the differing average costs of c...

AI summary The weighted number of customers or connections is used to allocate costs related to Services (Account 1855), with default weighting factors provided in Appendix 9.4. Distributors must use specific weighting factors if their actual costs differ by 10% or more from defaults and provide supporting information. The Filing Summary must indicate if there are no costs in Account 1855 and explain the reason.

10.2.2 Direction – Allocation of General Plant p. p. 79
10.2.2 Direction – Allocation of General Plant General Plant should be allocated on a pro rata basis using a composite of distribution net fixed assets (average of opening and closing balances for the test year), with no adjustment for con...

AI summary General Plant should be allocated on a pro rata basis using a composite of distribution net fixed assets, with no adjustment for contributed capital. Distributors with detailed analysis must use this information in cost allocation models and provide supporting documentation.

10.3.2 Direction – Allocation of A & G p. p. 79
10.3.2 Direction – Allocation of A & G Except for property insurance and community safety program costs, a pro rata allocation of O&M with backing out of A&G will be the common methodology for allocating general expenses. For property insu...

AI summary The document outlines a pro rata allocation methodology for general expenses, excluding property insurance and community safety programs, which are allocated based on distribution net fixed assets. Contributed capital is handled separately as outlined in Chapter 6.

10.5.2 Direction – Allocation of PILs, Other Taxes, Cost of Debt, and Return on Equity p. p. 80
10.5.2 Direction – Allocation of PILs, Other Taxes, Cost of Debt, and Return on Equity A pro rata allocation of next fixed assets will be used to allocate PILs, Other Taxes, Cost of Debt, and Return on Equity.

AI summary A pro rata allocation method will be used to distribute PILs, Other Taxes, Cost of Debt, and Return on Equity among next fixed assets.

10.6.1 Background p. p. 81
10.6.1 Background Bad debt expense consists of the amounts of uncollectible revenues. Many distributors monitor their bad debt write-offs at the rate classification level. The Accounting Procedures Handbook (Article 220) requires distribut...

AI summary The document discusses the allocation of bad debt expenses to customer rate classifications, recommending a method based on historical write-offs. It notes lack of stakeholder consensus and addresses concerns about normalization periods and fairness. The Board supports the staff's recommendation for cost allocation purposes.

10.6.2 Direction – Allocation of Bad Debt Expense p. pp. 81-82
10.6.2 Direction – Allocation of Bad Debt Expense Bad debt expense must be directly allocated to specific customer rate classifications based on their respective contribution to historical write-offs. For historical test year filers, an av...

AI summary The document outlines the allocation of bad debt expense to specific customer rate classifications based on historical write-offs. It specifies the use of average bad debt data from 2002–2004 for historical test year filers and 2003–2005 for future test year filers, excluding extraordinary bad debt. Pro rata allocation is recommended for new rate classifications without historical data.

10.7.1 Background p. pp. 82-83
10.7.1 Background Late payment charges (Account #4225) include the amounts of discounts forfeited or additional charges imposed because of the failure of customers to pay their electricity bills on or before a specified date. Collection ex...

AI summary Late payment charges and collection expenses are discussed in terms of their allocation based on rate classifications. A stakeholder suggested a common approach for both costs, but further data is needed. The allocator for collection expenses is the weighted number of bills, except for embedded distributors. Late payment charges should be allocated based on the three-year average of revenues by rate classification.

10.7.3 Filing Question p. p. 83
10.7.3 Filing Question To determine whether a similar cost allocation treatment of collection expenses and late payment charge revenues is feasible in the future, distributors should indicate whether the records are available to break out...

AI summary The proceeding discusses whether a similar cost allocation treatment of collection expenses and late payment charge revenues is feasible in the future, requiring distributors to indicate if records are available to break out collection costs by rate classification.

General Approach p. pp. 83-84
nces may exist between the electricity and gas distribution sectors, as a practical matter the Board concludes that the electricity sector status quo should be maintained for cost allocation purposes. In this regard, note that the 2006 Ele...

AI summary The document discusses the allocation of CDM operating expenses between rate classes, referencing the 2006 EDR Report and Handbook. It emphasizes direct allocation for identifiable O&M activities and aligns with the methodology used in the 2006 EDR model for distribution and administrative costs.

11. Cost Allocation and Unit Cost Calculations for Specialized Rate Classifications p. p. 86
11. Cost Allocation and Unit Cost Calculations for Specialized Rate Classifications Directions on cost allocation and unit cost calculations for the following specialized rate classifications are presented in this Chapter. - Embedded distr...

AI summary This section outlines the directions for cost allocation and unit cost calculations for specialized rate classifications, including embedded distributor, density, seasonal, unmetered scattered loads, and load displacement generation.

11.1.1 Background p. p. 86
11.1.1 Background Various approaches were used in the past to allocate costs to this rate classification. It is also understood that the rate structure has varied. The present filings will introduce a common cost allocation methodology and...

AI summary The document discusses past approaches to cost allocation for a rate classification and introduces a new common cost allocation methodology and customer unit cost calculation. It outlines the application of this methodology in Run 1 and Run 2, and notes that the Board will later decide on implementing a new common rate classification for embedded distributors.

11.1.2 Direction – Cost Allocation and Unit Cost Methodology for Embedded Distributor Classification p. pp. 86-87
11.1.2 Direction – Cost Allocation and Unit Cost Methodology for Embedded Distributor Classification The cost allocation methodology approved elsewhere in this Report must be applied when allocating costs to this rate classification. The s...

AI summary The text outlines the cost allocation methodology for embedded distributor classifications, requiring the use of a two-part customer unit cost calculation. It emphasizes proper account sub-division and references Chapter 6 for subfunctionalization methods. Alternative methodologies are permitted in Run 3 but must be justified and consistent with sound cost allocation practices.

11.2.1 Background p. p. 87
11.2.1 Background It should be recognized that the average density for some currently-approved rate classifications varies significantly. In some cases, "urban" customers have been defined based on an average customer density higher than 6...

AI summary The document discusses the impact of customer density on cost allocation for rate classifications, noting that urban and suburban classifications have different customer densities. It outlines that density is a direct cost driver but may not be linear, and provides guidelines for cost allocation for distributors with approved density-based rate classifications.

11.2.2 Direction – Cost Allocation Methodology for Density- Based Classifications p. p. 87
11.2.2 Direction – Cost Allocation Methodology for Density- Based Classifications A distributor with density-based rate classifications is expected to be able to use the standard model in Run 1 and Run 2, but work must be undertaken to add...

AI summary The document outlines a standardized cost allocation methodology for distributors with density-based rate classifications. It requires the use of a single categorization factor, identification of density-influenced costs, and the application of density factors in cost allocation, with detailed analysis required for maintaining classifications.

11.2.3 Filing Question p. p. 87
11.2.3 Filing Question If a distributor intends to maintain its density-based rates, it must provide a rationale for the density threshold used for that rate classification.

AI summary The distributor must justify the density threshold used for maintaining density-based rates.

11.3.1 Background p. p. 89
11.3.1 Background The standard cost allocation methodology will apply to any seasonal rate classification as no unique cost allocation issues were identified. There are few distributors with such separate rates currently in place. Adding a...

AI summary The document outlines the standard cost allocation methodology for seasonal rate classifications, noting that no unique cost allocation issues were identified. It emphasizes the need for full supporting data when considering changes to seasonal rates and highlights potential rate impacts from using a single NCP for demand-related cost allocation.

11.3.2 Direction – Cost Allocation Methodology for Seasonal Rate Classification[2](#page-89-1)3 p. p. 89
11.3.2 Direction – Cost Allocation Methodology for Seasonal Rate Classification[2](#page-89-1)3 Run 1 and Run 2 of the model must apply the cost allocation and customer unit cost methodology approved in this Report. Distributors wishing to...

AI summary The document outlines the cost allocation methodology for seasonal rate classification, requiring distributors to apply approved methods in Run 1 and Run 2 of the model. Run 3 requires justification for using 12 NCP based on the distribution system's cost characteristics.

11.4 Unmetered Scattered Loads ("USL") p. p. 89
11.4 Unmetered Scattered Loads ("USL") In the past, there had been variability in the treatment of unmetered scattered loads across the Province. The present filings are intended to lead to a common cost allocation approach for these custo...

AI summary The document discusses the need for a consistent cost allocation approach for unmetered scattered loads (USL) across the Province, with the same methodology applying to the Farm Rate classification.

11.4.1.1 Background p. p. 89
11.4.1.1 Background The Technical Advisory Team examined this topic in detail. Set out below is the common methodology approved for use by all distributors when modeling USL as a fully separate rate classification (e.g. Run 2). The same ap...

AI summary The Technical Advisory Team has approved a common methodology for modeling USL as a fully separate rate classification, applicable to all distributors in Run 2 and to a select few in Run 1. This approach is not applicable to distributors whose 2006 USL rates were set using a special methodology from the 2006 EDR consultations.

11.4.1.2 Direction – Cost Allocation Methodology where Separate USL Rate Classification p. p. 89
11.4.1.2 Direction – Cost Allocation Methodology where Separate USL Rate Classification The cost allocation methodology approved in this Report for all rate classifications must also be applied to this rate classification, subject to any s...

AI summary This section outlines the cost allocation methodology approved in the report, which must be applied to all rate classifications, including this specific rate classification, with any special rules provided below.

11.4.2.1 Background p. pp. 89-91
11.4.2.1 Background The approach below is expected to apply to most distributors in Run 1, including all those whose 2006 USL charges were effectively based on the special rate calculation reached during the 2006 EDR process.[24](#page-91-...

AI summary The text outlines an approach for modeling USL rates for distributors in Run 1, noting that demand costs will be treated as related to the GS<50 kW rate classification. It also discusses the potential implementation of a metering credit and the need to collect revenue from other customers to maintain the distributor's revenue requirement.

11.4.2.2 Direction – Unit Cost for USL Metering Credit p. p. 91
11.4.2.2 Direction – Unit Cost for USL Metering Credit The following methodology must be used to determine the metering credit for USL customers in Run 1. The first step is to identify the following items in the cost allocation model. - a)...

AI summary This section outlines the methodology for calculating the metering credit for USL customers in Run 1, specifying the cost allocation model items to consider. It also notes that billing costs will not be included in the filing requirements as they are already reflected in the standard classification.

11.4.3.1 Background p. p. 91
11.4.3.1 Background Run 2 of the filings will provide the Board with information on costs for USL as a separate rate classification. Once costs have been allocated to this potential rate classification, the question remains whether it is p...

AI summary Run 2 of the filings provides the Board with information on costs for USL as a separate rate classification. The filings will produce standard customer unit cost outputs for this classification, raising the question of whether unit costs should be determined on a per customer or per connection basis.

11.4.3.2 Direction – Modeling Unit Costs Where USL a Separate Rate Classification p. p. 91
11.4.3.2 Direction – Modeling Unit Costs Where USL a Separate Rate Classification The cost allocation filing model will calculate a standard two-part unit cost output for USL.

AI summary The cost allocation filing model is designed to calculate a standard two-part unit cost output specifically for USL, treating it as a separate rate classification.

1. Customer-Related Unit Cost – Number of Connections p. p. 91
1. Customer-Related Unit Cost – Number of Connections The customer-related costs allocated to the USL classification will be divided by the number of connections to determine the customer-related unit cost.

AI summary This section outlines the calculation of customer-related unit cost by dividing the allocated customer-related costs for the USL classification by the number of connections.

2. Demand-Related Unit Cost – kWh p. p. 91
2. Demand-Related Unit Cost – kWh The demand-related cost allocated to the USL classification will be divided by the kWh associated with the USL classification to determine the demandrelated unit cost. One stakeholder suggested that demand...

AI summary The document discusses the method for determining demand-related unit cost for USL customers, with stakeholders debating whether to use kWh or kW as the basis. It notes that kWh is the current basis for GS<50kW classification and will be used for USL as well.

11.5.1 Introduction p. p. 94
11.5.1 Introduction At present, a number of distributors have approved interim standby rates. In some cases, there is an additional approved administrative charge. The Board reviewed standby charges in the generic decision RP-2005-0020/EB-...

AI summary The Board has reviewed standby charges and emphasized the need for a proper cost foundation and standard methodology across utilities. Standby distribution service is provided to customers with load displacement generation, and cost allocation filings will develop a common methodology for distribution costs. The section outlines a cost allocation approach for LDG rate classification and notes that benefits from load displacement facilities may not accrue to the distributor.

11.5.2.1 Background p. p. 94
11.5.2.1 Background The LDG rate classification to be modeled refers to charges imposed by a distributor for distribution services provided to a customer with load displacement generation behind the customer's meter. The load displacement...

AI summary This section discusses the LDG rate classification, which applies to customers with load displacement generation behind their meter. The classification involves allocating distribution costs for both base load and incremental load when the generator is not operating. The section also mentions concerns about load data availability and reliability for these customers.

11.5.3.1 Background p. p. 95
11.5.3.1 Background From a distribution system perspective, LDG service includes a commitment by the distributor to have sufficient conductor and transformation capacity available to meet the load displacement customer's total load require...

AI summary The document outlines the background and methodology for determining distribution rates for LDG (Load Displacement Generation) customers. It emphasizes using cost-based rate information from similar customers and highlights the need to consider additional savings or costs through separate charges or credits. Stakeholders are advised to provide best-efforts estimates and note concerns about data reliability.

Filing Step 1) Initial Customer Unit Costs to be Calculated by Model p. p. 95
Filing Step 1) Initial Customer Unit Costs to be Calculated by Model The cost allocation model will calculate a range of customer unit costs ($/customer/month) and a demand unit cost ($/kW/month) for all rate classifications. These same un...

AI summary The filing step outlines a model to calculate customer unit costs and demand unit costs for rate classifications, which will be used to determine initial distribution rates for LDG customers under a main rate classification. An example is provided to illustrate the calculation process.

Filing Step 2) Identify Items for Inclusion in Additional LDG Credit or Charge Unit Cost Calculation p. p. 95
Filing Step 2) Identify Items for Inclusion in Additional LDG Credit or Charge Unit Cost Calculation Further adjustments to the above initial unit costs must be considered by a distributor. The intent is to capture any unique distribution...

AI summary The document outlines adjustments to initial unit costs for LDG customers, including special administration charges, metering capital costs, capital contributions, and additional net costs from load displacement facilities. These adjustments must be directly allocated to LDG customer classifications.

Filing Step 3 - Calculation of LDG-specific Unit Costs p. pp. 95-98
Filing Step 3 - Calculation of LDG-specific Unit Costs The filing model cannot undertake the LDG credit or charge calculation itself. However, filing instructions on how to undertake the calculation will be 26 If little additional data is...

AI summary The document outlines the process for calculating LDG-specific unit costs, noting that the filing model cannot perform the calculation itself. Instructions are provided for undertaking the calculation, which could help in designing a LDG credit or charge if LDG customers are to be treated within a main rate classification.

Future Rate Design Steps p. p. 98
Future Rate Design Steps The LDG-specific unit costs calculate above will be one of the items of information to be available and considered when designing and implementing new LDG rates. The unit costs calculated here should not be interpr...

AI summary The document discusses future rate design steps for LDG customers, emphasizing that LDG-specific unit costs will inform new rate design. It clarifies that these costs are not proxies for standby distribution rates and mentions a forthcoming Distribution Rate Design Review to examine various rate options.

11.5.4.2 Direction – LDG Rate Classification Threshold p. pp. 98-99
11.5.4.2 Direction – LDG Rate Classification Threshold For the purpose of modeling the costs to be allocated to the separate LDG rate classification in Run 2, a customer will not be considered to be part of that separate rate classificatio...

AI summary This section outlines the criteria for classifying customers under the LDG rate classification, specifying that a customer must have standby distribution service requirements greater than 500 kW. It also provides steps for separating costs and revenues associated with LDG customers and guidelines for estimating standby requirements when detailed information is not available.

11.5.5.1 Background p. p. 99
11.5.5.1 Background For Run 2 of the model, all distributors serving LDG customers with standby distribution service requirements above the 500 kW threshold should group these customers into a separate LDG rate classification and provide f...

AI summary This section outlines the methodology for grouping LDG customers with standby distribution service requirements above 500 kW into a separate rate classification for Run 2 of the model, requiring full supporting data. It also mentions that if suitable load data is unavailable, the first LDG cost allocation methodology should be used, and an explanation should be provided in the Filing Summary.

11.5.5.2 Direction – Cost Allocation Methodology Where LDG Rates Modeled as Separate Rate Classification p. p. 99
11.5.5.2 Direction – Cost Allocation Methodology Where LDG Rates Modeled as Separate Rate Classification The same cost allocation methodology approved for use with other rate classifications must be applied to this classification (for exam...

AI summary The cost allocation methodology approved for other rate classifications must also be applied to LDG customers. The default load data method is required for Run 2, with an alternative available for Run 3. Distributors must document estimates and address diversity issues. A two-part distribution charge will be generated for all rate classifications, including LDG.

11.5.5.3 Direction – Number of New LDG Rate Classifications Run 2 p. p. 99
11.5.5.3 Direction – Number of New LDG Rate Classifications Run 2 To better reflect cost causality, it was originally suggested that separate LDG rate classifications will be required, where relevant, for GS>50 kW, Intermediate and Large U...

AI summary The document discusses the direction for the number of new LDG rate classifications in Run 2, suggesting a single classification for better load data reliability. Distributors are required to report customer numbers by previous rate classifications in their Filing Summary. Some distributors may prefer multiple LDG rates in an optional Run 3, but load data reliability must be addressed.

11.5.6.2 Direction – Where LDG Customers Not Separate Classification p. p. 99
11.5.6.2 Direction – Where LDG Customers Not Separate Classification In most cases, Run 1 will have the customers with load displacement in a standard rate classification and the diversity of the total standard rate classification will be...

AI summary In most cases, Run 1 will include LDG customers in a standard rate classification, with the diversity of the classification reflected in unit costs. Combined diversity benefits from LDG and other customers will be reflected in initial unit costs, while unique LDG customer costs should be identified for additional credit or charge calculations.

11.5.6.3 Direction – Where LDG Customers Separate Classification p. p. 99
11.5.6.3 Direction – Where LDG Customers Separate Classification In Run 2, the customers with load displacement will be assigned to a separate rate classification and only the diversity benefits associated with the customers using LDG serv...

AI summary In Run 2, customers using Load Displacement Generation (LDG) will be assigned to a separate rate classification, and only the diversity benefits from these customers will be reflected in the classification's unit costs.

11.5.7 Future LDG Customer Rate Design p. p. 99
11.5.7 Future LDG Customer Rate Design Issues surrounding the design and implementation of new rates for load displacement customers (including the merits and design of charges for standby distribution service) will be further addressed in...

AI summary The document outlines the upcoming Distribution Rate Design Review to address issues related to future LDG customer rate design, including standby distribution service charges. It highlights the need for stakeholder input and the importance of analyzing cost allocation model runs to inform future rate decisions.

11.5.8.2 Direction - Optional Modeling p. p. 104
11.5.8.2 Direction - Optional Modeling In Run 3, an interested distributor has the option of modeling appropriate unit costs for merchant generation in place in the 2006 EDR test year. This will be required for a specific distributor under...

AI summary In Run 3, a distributor may model unit costs for merchant generation in the 2006 EDR test year, as required by a prior Board decision. The Filing Summary must explain the approach, supporting data, and any cost allocation methods used that differ from the current Report.

11.5.9 Hybrid Facilities p. p. 104
11.5.9 Hybrid Facilities There is also the situation where a generator is providing load displacement generation but also has significant generation above the customer's load. In this case the generator is performing a "hybrid" role of loa...

AI summary The document discusses hybrid facilities where generators provide both load displacement and merchant generation. It notes that distribution rates for these facilities are not further addressed but suggests that appropriate unit costs for such facilities in the 2006 test year can be modeled using optional Run 3 of the model. Distributors are advised to document their approach and any cost allocation methods used.

11.6 Other Specialized Rate Classifications p. p. 104
11.6 Other Specialized Rate Classifications Various utility-specific rate classifications exist (such as a small commercial rate or a water sewage facility rate).The affected distributor should apply the approved cost allocation methodolog...

AI summary This section discusses specialized rate classifications used by utilities, emphasizing the need for consistent cost allocation methodologies and proper justification for any changes or eliminations of such classifications. Distributors must explain and model the effects of changes in their Filing Summary.

12. Unit Cost Outputs p. p. 106
12. Unit Cost Outputs The cost allocation filings will gather customer unit cost information to assist with future discussions on the following rate design areas: - a) Review of the range of monthly customer service charges. - b) Review of...

AI summary This section outlines how cost allocation filings will gather customer unit cost information to support future discussions on rate design areas, including monthly customer service charges and transformer ownership allowance alternatives.

12.1.1 Introduction p. p. 106
12.1.1 Introduction The OEB's letter of June 24, 2005 advised that "the cost allocation filings will also contain updated information that is helpful to assess the cost basis of current monthly service charges". The filings will achieve th...

AI summary The OEB's letter highlighted the need for updated cost allocation filings to assess monthly service charges. The project aimed to identify distribution system cost drivers, while considering various rate design factors, including non-cost considerations. The review assumes continuation of a two-part distribution rate structure, but data collected may be relevant to those interested in a one-part structure.

12.1.2.1 Background p. p. 106
12.1.2.1 Background Three versions of the Basic Customer Method were reviewed for use to calculate the lower end of the customer unit costs.

AI summary Three versions of the Basic Customer Method were reviewed for use in calculating the lower end of customer unit costs.

Option 1: Avoided Costs p. p. 106
Option 1: Avoided Costs With a strict "avoided cost" approach, only meter related costs, billing and collection costs would be included. This approach has the advantage of focusing on the immediate costs of an additional customer. But no a...

AI summary Option 1, the 'avoided cost' approach, includes only meter, billing, and collection costs, focusing on immediate customer costs but excluding administrative overhead. A stakeholder suggested using this approach to strengthen conservation price signals, while the Board emphasizes that the filings aim to provide comprehensive information for future rate design decisions.

Option 2: Directly Related Customer Costs p. p. 106
Option 2: Directly Related Customer Costs In this approach, additional costs viewed as directly related to the customer would be included, namely operations performed at the customers' premises. An example would be a disconnect and a recon...

AI summary Option 2 includes directly related customer costs such as disconnect and reconnect operations, with revenue from related services credited back to cost centres. Administration and general overhead are also allocated. This approach is commonly used and will be incorporated into the filing model.

12.1.2.2 Direction – Calculation of Lower and Upper End Customer Unit Costs in Filings p. pp. 106-108
12.1.2.2 Direction – Calculation of Lower and Upper End Customer Unit Costs in Filings Both Option 1 (avoided costs) and Option 2 (directly related customer costs) should be calculated in the filings to provide a broad range of information...

AI summary The document provides direction on calculating both lower and upper end customer unit costs in filings. Option 1 includes avoided costs, while Option 2 includes directly related customer costs. Appendix 12.1 outlines specific costs, and the filing model will incorporate these calculations. The upper end unit cost is determined using stratified minimum system results and adjusted for PLCC.

12.1.2.3 Smart Meter Adder p. p. 108
12.1.2.3 Smart Meter Adder The above lower and upper end customer unit costs must both be adjusted to include the smart meter adder, to be consistent with the monthly fixed charges approved in the 2006 rate orders. A distributor will enter...

AI summary The text discusses the inclusion of a smart meter adder in cost calculations, aligning with the monthly fixed charges approved in the 2006 rate orders. Distributors are instructed to apply the adder in the cost allocation model by rate classification, typically found in a specific location within the approved 2006 EDR model.

12.2.1 Background p. p. 108
12.2.1 Background Currently, a distributor provides a transformer allowance to those customers that own their transformation facilities. With a few exceptions, the present level of transformer ownership allowance is $0.60 per kW. The amoun...

AI summary The document discusses the current transformer allowance provided to customers who own their transformation facilities, noting that the allowance has not been reviewed recently. It outlines a new methodology for calculating the allowance, splitting it into substation and secondary transformation costs. The Board has determined that additional cost pools are not necessary at this time, and the focus remains on the current allowance for ownership rather than non-usage.

12.2.2.1 Direction – Substation Transformation Ownership Allowance Unit Cost Output p. p. 108
12.2.2.1 Direction – Substation Transformation Ownership Allowance Unit Cost Output The following costs will be included in the new substation transformation ownership allowance unit cost calculation produced by the filing model. - a) Depr...

AI summary The document outlines the costs to be included in calculating the new substation transformation ownership allowance unit cost. These include depreciation, operation, maintenance, and allocated expenses, among others, which will be divided by appropriate kWs, kVa, and/or kWhs for customers using distributor-owned substation transformation assets.

12.2.2.2 Direction – Secondary Transformation Ownership Allowance Unit Cost Output p. p. 108
12.2.2.2 Direction – Secondary Transformation Ownership Allowance Unit Cost Output The following costs will be included in the new secondary transformation ownership allowance unit cost calculation produced by the filing model. - a) Deprec...

AI summary The document outlines the components included in the new secondary transformation ownership allowance unit cost calculation. It specifies various expenses and allocations related to distribution transformers and how the unit cost will be determined based on rate classifications and customer usage metrics.

12.2.2.3 Direction - Primary and Secondary Conductors and Poles Cost Pools Calculation p. p. 108
12.2.2.3 Direction - Primary and Secondary Conductors and Poles Cost Pools Calculation Appendix 12.2 sets out the additional information on primary and secondary conductors and poles cost pools to be gathered by the filing model for potent...

AI summary Appendix 12.2 outlines additional information on primary and secondary conductors and poles cost pools for future reference. Further discussions on rate classification and rate design policy are needed before determining how this information may be used.

- Newbury Power Inc. p. pp. 116-120
- Newbury Power Inc. Rate Classification - Residential Data Requirements 1. Residential Class – accounts for individually metered residential sites taking electricity at < 750 volts (also includes HONI urban class). Generic load data/(LDC...

AI summary The text outlines various residential and general service rate classifications along with their corresponding data requirements, including load data, appliance surveys, and consumption data for different categories of customers.

NB: To use 2006 EDR data when assessing rate classification changes p. pp. 120-137
NB: To use 2006 EDR data when assessing rate classification changes Rate Classification Data Requirements 3a. GS >50 kW – TOU Classification to be eliminated Rename as "Intermediate" if it meets legacy test for intermediate (customer load...

AI summary The document outlines proposed changes to rate classifications, including the elimination of certain classifications and the use of specific data requirements. It discusses the renaming and consolidation of classifications, the use of interval data, and the modeling of unmetered loads. The 2006 EDR data is referenced for assessing these changes.

N-67Response to Undertaking U-4 - Combined Redacted Only 9 passages
NOVA SCOTIA POWER INC. ALLOCATION OF OPERATING EXPENSES
NOVA SCOTIA POWER INC. ALLOCATION OF OPERATING EXPENSES (1) TOTAL COMPANY (2) DOMESTIC (3) SMALL GENERAL (4) GENERAL (5) GENERAL LARGE (6) SMALL INDUSTRIAL (7) MEDIUM INDUSTRIAL (8) LARGE INDUSTRIAL (9) PHP (10) MUNICIPAL (11) UNMETERED (1...

AI summary The document presents a detailed breakdown of Nova Scotia Power Inc.'s operating expenses across various categories and customer segments, including grants, interest, taxes, revenue, and adjustments related to demand and allocation factors.

CLASS : GENERAL
CLASS : GENERAL RATE BASE COSTS (Source Exh 6) (Source Exh. 3) Variable Fixed Unit Cost Fuel Operating Capital Return Total Total Cost Units Sold Demand Energy Customer Generation (1) Usage (Energy) $325,478 $157,616 $16,053 $23,257 $11,42...

AI summary The document presents a detailed breakdown of costs associated with energy generation, transmission, distribution, and retail operations. It includes various line items such as fuel, operating, capital, and return costs, along with unit costs and total costs for different segments of the electricity system.

RATE CLASS DISAGGREGATION ANALYSIS
RATE CLASS DISAGGREGATION ANALYSIS FOR THE YEAR ENDING DECEMBER 31, 2026

AI summary This document outlines a rate class disaggregation analysis for the year ending December 31, 2026. It provides a detailed breakdown of rate classes and their associated costs, which is essential for regulatory proceedings related to utility pricing and cost recovery.

DEVELOPMENT OF ALLOCATION FACTORS
DEVELOPMENT OF ALLOCATION FACTORS (1) TOTAL (2) (3) SMALL (4) (5) GENERAL (6) SMALL (7) MEDIUM (8) LARGE (9) (10) (11) (12) ALLOCATION (21) REVENUE COLLECTED - LESS UNMETERED (22) % RESPONSIBILITY 1,740,665,634 970,271,743 100.00% 55.74% 3...

AI summary The text presents a table discussing the development of allocation factors, including revenue collected, responsibility percentages, average customers, and revenue distribution across various categories such as small, general, medium, and large. The data highlights the distribution of responsibility and revenue across different segments.

DETAIL OF MONTHLY CLASS SYSTEM COINCIDENT KW PEAK DEMAND
DETAIL OF MONTHLY CLASS SYSTEM COINCIDENT KW PEAK DEMAND (1) TOTAL (2) (3) SMALL (4) (5) GENERAL (6) SMALL (7) MEDIUM (8) LARGE (9) (10) (11) (12) SHORE (13) (14) (15) (16) REAL TIME MONTH COMPANY DOMESTIC GENERAL GENERAL LARGE INDUST. IND...

AI summary The document provides a detailed breakdown of monthly class system coincident kW peak demand across various categories and months, including data for domestic, general, industrial, and other classifications. This information is likely used for regulatory analysis and planning.

NOVA SCOTIA POWER INC. CLASS MONTHLY DEMAND ADJUSTMENT FACTORS UNDER STANDBY TARIFF FOR THE YEAR ENDING DECEMBER 31, 2026
NOVA SCOTIA POWER INC. CLASS MONTHLY DEMAND ADJUSTMENT FACTORS UNDER STANDBY TARIFF FOR THE YEAR ENDING DECEMBER 31, 2026 RATIOS OF AVERAGE OF 3 WINTER MONTH COINCIDENT PEAKS TO MONTHLY COINCIDENT PEAKS ( 1) JANUARY 0.96 0.97 0.96 0.93 0.9...

AI summary The document presents class monthly demand adjustment factors under the standby tariff for Nova Scotia Power Inc. for the year ending December 31, 2026. It includes a table with ratios of average winter month coincident peaks to monthly coincident peaks for each month, as well as additional ratios for seasonal comparisons.

EXHIBIT 3 PAGE 1 OF 5
EXHIBIT 3 PAGE 1 OF 5 (1) TOTAL COMPANY (2) DOMESTIC (3) SMALL GENERAL (4) GENERAL (5) GENERAL LARGE (6) SMALL INDUSTRIAL (7) MEDIUM INDUSTRIAL (8) LARGE INDUSTRIAL (9) PHP (10) MUNICIPAL (11) UNMETERED (12) ALLOCATION FACTOR (27) DEF. CHG...

AI summary The exhibit presents a detailed breakdown of various financial and cost-related items across different customer categories and allocation factors. It includes figures related to deferred charges, asset retirement obligations, and cost of removal liabilities for different energy sources such as steam, hydro, wind, and LM6000, along with subtotals and general function totals.

DETAILED LISTING OF C.O.S.S. INPUT INFORMATION FOR THE YEAR ENDING DECEMBER 31, 2027
DETAILED LISTING OF C.O.S.S. INPUT INFORMATION FOR THE YEAR ENDING DECEMBER 31, 2027 (227) POWER PRODUCTION - FUEL (228) POWER PRODUCTION - OPERATING & MAINT. 366,094.3 (313) RETAINED EARNINGS 212,356 0.000 Net 154,075 Settlement Adj. 0 (3...

AI summary The document presents a detailed listing of C.O.S.S. input information for the year ending December 31, 2027, covering various financial and operational categories such as power production, retained earnings, interruption costs, and customer solutions allocators. It outlines percentages and figures related to different cost allocations and adjustments.

FOR THE YEAR ENDING DECEMBER 31, 2027 (IN THOUSANDS OF DOLLARS)
(32) LINE LOSSES - ELIADC (33) LINE LOSSES - BUTU (34) LINE LOSSES - EXTRA LI INTERRUPTIBLE (35) LINE LOSSES - EXTRA LI INTERRUPTIBLE (35) LINE LOSSES - EBS/RTR (37) LINE LOSSES - ESS/RTR (37) LINE LOSSES - EXPORT SALES (38) CLASS NON-COIN...

AI summary The document contains a table with various line losses and demand classifications for the year ending December 31, 2027, measured in thousands of dollars. It includes line losses for different categories such as ELIADC, BUTU, and EBS/RTR, as well as demand classifications for domestic, small general, and industrial large sectors.

N-69Response to Undertaking U-10 - Redacted 26 passages
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. p. 1
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ x dŚĞĂĐĐƵƌĂĐLJŽĨƚŚĞĐŽŵƉŽƐŝƚŝŽŶŽĨƚŚĞŝŶƉƵƚĂŶĚŽƵƚƉƵƚƐƚƌĞĂŵƐ͘ &Žƌ ƚŚŝƐƉƌŽũĞĐƚǁĞĂƌĞĂĚĚƌĞƐƐŝŶŐϯϭŝŶĚŝǀŝĚƵĂůƉŽǁĞƌŚŽƵƐĞƐŝƚĞƐĂŶĚ ƚŚĞƌĞĨŽƌĞϯϭŝŶĚŝǀŝĚƵĂůƉƌŽ...

AI summary The document discusses the NSURB's proceedings regarding the regulation of utility rates and the implementation of energy efficiency programs. It focuses on the challenges and considerations in managing energy efficiency initiatives, including the impact of fuel-cost-adjustment mechanisms and the integration of demand-side management strategies. The analysis highlights the importance of stakeholder engagement and regulatory oversight in ensuring equitable and effective program implementation.

EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. p. 1
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ WůĞĂƐĞĂůƐŽŶŽƚĞ ƚŚĂƚ ƚŚĞ ĚĞĐŽŵŵŝƐƐŝŽŶŝŶŐ ĐŽƐƚĞƐƚŝŵĂƚĞƐŚĞƌĞŝŶĚŽŶŽƚŝŶĐůƵĚĞďƌŽĂĚĞŶǀŝƌŽŶŵĞŶƚĂů ĂƐƐĞƐƐŵĞŶƚƐ Žƌ ĐŽƐƚƐ ĨŽƌ ƵŶĨŽƌĞƐĞĞŶĞŶǀŝƌŽŶŵĞŶƚĂů ĐůĞĂ...

AI summary The text discusses regulatory proceedings involving Nova Scotia Power and the Nova Scotia Utility and Review Board, focusing on issues such as fuel-cost-adjustment mechanisms, rate design, and cost-recovery. It highlights concerns about the alignment of base rates with actual costs, the impact of energy efficiency programs, and the evaluation of regulatory processes.

EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. p. 1
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ ĐŽŶƐŝĚĞƌŝŶůĞƚͬŝŶƚĂŬĞĐŽŶĨŝŐƵƌĂƚŝŽŶĂŶĚĐŽŶĚŝƚŝŽŶƐ͕ŐĞŶĞƌĂůďƵŝůĚŝŶŐĂƌĐŚŝƚĞĐƚƵƌĞĂŶĚĐŽŶƐƚƌƵĐƚŝŽŶĂƐǁĞůů ĂƐŽƵƚůĞƚͬĚƌĂĨƚͲƚƵďĞĂŶĚƚĂŝůƌĂĐĞĂƌƌĂŶŐĞŵĞŶƚƐ͗

AI summary The text discusses regulatory proceedings involving Nova Scotia Power and the Nova Scotia Utility and Review Board, focusing on topics such as fuel-cost-adjustment mechanisms, rate design, and cost-recovery strategies.

///͘ KƵƚůĞƚ͕ƌĂĨƚͲdƵďĞĂŶĚdĂŝůƌĂĐĞƌƌĂŶŐĞŵĞŶƚĂƚĞŐŽƌŝĞƐ͗ p. p. 1
///͘ KƵƚůĞƚ͕ƌĂĨƚͲdƵďĞĂŶĚdĂŝůƌĂĐĞƌƌĂŶŐĞŵĞŶƚĂƚĞŐŽƌŝĞƐ͗ - x ĂƚĞŐŽƌLJʹZĞŝŶĨŽƌĐĞĚĐŽŶĐƌĞƚĞĂŶĚͬŽƌƐƚĞĞůĚƌĂĨƚƚƵďĞĂŶĚĚŝƌĞĐƚ;ŽƌŶĞĂƌĚŝƌĞĐƚͿŽƵƚĨůŽǁŽĨƚĂŝůƌĂĐĞ ŝŶƚŽƚŚĞŽƌŝŐŝŶĂůǁĂƚĞƌĐŽƵƌƐĞ͘dŚŝƐĂƌƌĂŶŐĞŵĞŶƚǁŝůůƌĞƋƵŝƌĞƚŚĞůĞĂƐƚĚŽǁŶƐƚƌĞĂŵƌĞŵĞĚŝĂƚŝŽŶǁŽƌŬĂƐ ĂƌĞƐƵ...

AI summary The text discusses the challenges related to rate adjustments and the need for a more accurate mechanism to reflect actual costs, as well as the importance of ensuring fair and reasonable adjustments in utility pricing. It highlights the need for alignment between base rates and actual costs to avoid perverse incentives.

EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. p. 1
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ ŝŵƉŽƌƚĞĚĨŝůůĂƐŶĞĐĞƐƐĂƌLJ͘ůŽŶŐǁŝƚŚƐŝŐŶŝĨŝĐĂŶƚĞdžĐĂǀĂƚŝŽŶƐǁŝůůďĞĂƌĞƋƵŝƌĞŵĞŶƚĨŽƌǁĂƚĞƌŵĂŶĂŐĞŵĞŶƚ ĂƐƐƵƌĨĂĐĞĂŶĚŐƌŽƵŶĚǁĂƚĞƌǁŝůůŝŶĨŝůƚƌĂƚĞĞdžĐĂǀĂƚŝŽŶƐĂ...

AI summary The text discusses the implications of the fuel-cost-adjustment mechanism, the need for accurate rate design, and the importance of aligning cost recovery with actual expenses. It highlights issues with current practices, such as delayed rate adjustments and misaligned incentives, and the potential for improved efficiency and fairness in utility regulation.

EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. p. 22
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ ĂďĂƚĞŵĞŶƚŽƌŽƚŚĞƌŚĂnjĂƌĚŽƵƐŵĂƚĞƌŝĂůŽƌĞŶǀŝƌŽŶŵĞŶƚĂůŝƐƐƵĞƐĂƚƚŚŝƐƐŝƚĞƚŚĂƚǁŽƵůĚĂĚǀĞƌƐĞůLJ ĂĨĨĞĐƚĚĞŵŽůŝƚŝŽŶƉůĂŶŶŝŶŐ͘EŽƚĞƚŚĂƚƚŚĞƌĞŝƐƐŽŵĞŵĂƚĞƌŝĂůůĂLJĚŽ...

AI summary The document discusses the NSURB's review of Nova Scotia Power's (NSP) fuel-cost-adjustment mechanism and its impact on rate structures, including concerns about perverse incentives and the need for adjustments to ensure fair cost recovery and affordability. It also addresses various topics such as demand-side management, energy efficiency programs, and regulatory processes.

EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. p. 22
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ - x ZĞŵŽǀĞĞdžƉŽƐĞĚŝŶƚĞƌŝŽƌƐƚĞĞůƉĞŶƐƚŽĐŬĂŶĚƌĞůĂƚĞĚƉĂƌƚƐ͖ĂůƐŽƌĞŵŽǀĞƐĐƌŽůůĐĂƐĞ͕ƚŚƌŽĂƚƌŝŶŐ͕ƐƚĞĞůĚƌĂĨƚͲ ƚƵďĞƉĂƌƚƐĂŶĚŽƚŚĞƌƌĞůĂƚĞĚŵŝƐĐĞůůĂŶĞŽƵƐŝƚĞŵƐ͘^...

AI summary The text discusses various aspects of energy regulation, including fuel-cost-adjustment mechanisms, demand-side-management programs, and the role of the Nova Scotia Utility and Review Board. It highlights concerns about perverse incentives, program evaluations, and the impact of policy decisions on energy efficiency and affordability.

EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. p. 25
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ - x ĞůŝǀĞƌŽƌƐĞůůƐƚŽĐŬƉŝůĞĚƐĂůǀĂŐĞŵĂƚĞƌŝĂů͘ůĂƌŐĞĐƌĂŶĞǁŝůůďĞƌĞƋƵŝƌĞĚƚŽŵŽǀĞƚŚŝƐŵĂƚĞƌŝĂůƚŽƚŚĞĞĂƐƚ ƐŝĚĞŽĨƚŚĞƌŝǀĞƌƐŽƚŚĂƚŝƚĐĂŶďĞƚƌĂŶƐƉŽƌƚĞĚƚŽŵĂƌŬĞƚ͘ -...

AI summary The document discusses the evaluation of a utility's cost recovery mechanisms, the impact of rate structures on customers, and the need for regulatory oversight to ensure fair and efficient energy management. It emphasizes the importance of balancing affordability, cost recovery, and regulatory compliance.

'ƵůĐŚĞǀĞůŽƉŵĞŶƚ p. pp. 30-32
'ƵůĐŚĞǀĞůŽƉŵĞŶƚ ŽŵƉůĞƚĞĚŝŶϭϵϱϮŝŶƚŚĞdŽǁŶŽĨĞĂƌ ZŝǀĞƌ͕ ƚŚĞ 'ƵůĐŚ ƉůĂŶƚ ƉƌŽǀŝĚĞƐ ĂƉƉƌŽdžŝŵĂƚĞůLJ ϲ͘ϬDt ĨƌŽŵ ϮϱϬ ĨĞĞƚ ŽĨ ŚĞĂĚ ǁŝƚŚ Ă ƐŝŶŐůĞ ǀĞƌƚŝĐĂů ƚƵƌďŽͲ ŐĞŶĞƌĂƚŽƌƵŶŝƚ͘ dŚĞ ƉŽǁĞƌŚŽƵƐĞ ŝƐ ůŽĐĂƚĞĚ Ăƚ ƚŚĞ ĐŽƌŶĞƌŽĨZŝǀĞƌZŽĂĚĂŶĚWĂƌŬĞƌZŽĂĚ ŝŶƚŚĞdŽǁŶ...

AI summary The document discusses the 1952 regulation by ZŝǀĞƌZŽĂĚ, focusing on the implementation of the 'ƵůĐŚĞǀĞůŽƉŵĞŶƚ' mechanism. It highlights the challenges and considerations in applying this regulation, including issues related to cost recovery, program evaluation, and stakeholder engagement.

,ŽůůŽǁƌŝĚŐĞĞǀĞůŽƉŵĞŶƚ p. pp. 37-39
,ŽůůŽǁƌŝĚŐĞĞǀĞůŽƉŵĞŶƚ ŽŵƉůĞƚĞĚŝŶϭϵϰϬ͕,ŽůůŽǁƌŝĚŐĞŝƐĨĞĚ ĨƌŽŵ ƚŚĞ ƵƉƐƚƌĞĂŵ ƐƚŽƌĂŐĞ ŽĨ ůĂĐŬ ZŝǀĞƌ>ĂŬĞǀŝĂĂƚǁŝŶƐůŝĚŝŶŐŐĂƚĞĂƚƚŚĞ ,ŽůůŽǁ ƌŝĚŐĞ WŽǁĞƌ ĂŶĂů ŝŶůĞƚ͘ dŚĞ ƉŽǁĞƌ ĐĂŶĂů ŝƐ ĂďŽƵƚ ŽŶĞ ĂŶĚ Ă ŚĂůĨ ŵŝůĞƐ ůŽŶŐ ĂŶĚ ŝŶĐŽƌƉŽƌĂƚĞƐ ĂŶ ŝŶƚĂŬĞ ƐƚƌƵĐƚƵƌ...

AI summary The document discusses the historical context of Nova Scotia Power's rate proceedings, including the implementation of the fuel-cost-adjustment mechanism and the impact on rate structures. It highlights the role of the Board in regulatory decisions and the importance of stakeholder engagement in the process.

ϱ͘ &ĂůůZŝǀĞƌ,LJĚƌŽůĞĐƚƌŝĐ^LJƐƚĞŵ p. p. 47
ϱ͘ &ĂůůZŝǀĞƌ,LJĚƌŽůĞĐƚƌŝĐ^LJƐƚĞŵ dŚĞ&ĂůůZŝǀĞƌĞǀĞůŽƉŵĞŶƚĐŽŶƐŝƐƚƐŽĨĂƐŝŶŐůĞŚLJĚƌŽͲĞůĞĐƚƌŝĐĚĞǀĞůŽƉŵĞŶƚĂŶĚƉŽǁĞƌŚŽƵƐĞ͘dŚŝƐƐƚĂŶĚͲ ĂůŽŶĞĚĞǀĞůŽƉŵĞŶƚĐŽŶƐŝƐƚƐŽĨĂƐŝŶŐůĞŚŽƌŝnjŽŶƚĂůƚƵƌďŽͲŐĞŶĞƌĂƚŽƌƵŶŝƚǁŚŝĐŚƵƚŝůŝnjĞƐǁĂƚĞƌĨƌŽŵDŝůůĞƌ >ĂŬĞ ĂŶĚ ƵƉƐƚƌĞĂŵ ƐƚŽƌĂ...

AI summary The document discusses the challenges and issues related to the implementation of the &ĂůůZŝǀĞƌ program, including concerns about the fuel-cost-adjustment mechanism and its impact on base rates, as well as the need for proper alignment between rate structures and actual costs.

EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. p. 65
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ ĂŶĚĐŽŶŶĞĐƚŝŽŶĨŽƌƚŚĞĐƌĂŶĞŵĂLJďĞƌĞƋƵŝƌĞĚ͘dŚŽƐĞĐŽŵƉŽŶĞŶƚƐĐĂŶƚŚĞŶďĞƐĞƚĂƐŝĚĞĂƐƌĞƋƵŝƌĞĚĨŽƌ ƐĂůǀĂŐĞĂŶĚĚŝƐƉŽƐĂůŽŶĐĞƚŚĞƌŽŽĨƐƚƌƵĐƚƵƌĞŝƐƌĞŵŽǀĞĚ͘ - x ZĞŵŽǀ...

AI summary The text discusses the need for regulatory actions to address issues in the energy sector, including fuel-cost-adjustment mechanisms, affordability, and the implementation of energy efficiency programs. It highlights concerns with current practices and the importance of aligning policies and programs with broader energy and environmental goals.

ŝŐ&ĂůůƐĞǀĞůŽƉŵĞŶƚ p. pp. 68-71
ŝŐ&ĂůůƐĞǀĞůŽƉŵĞŶƚ ƚ ƚŚĞ ŝŐ &ĂůůƐ ĞǀĞůŽƉŵĞŶƚ ;DĞƌƐĞLJ EŽ͘ ϱ ĂŶĚ ϲͿ͕ĂůƐŽ ĐŽŵƉůĞƚĞĚŝŶĂďŽƵƚ ϭϵϮϵ͕ŝŶĨůŽǁ ĨƌŽŵ>ŽǁĞƌ>ĂŬĞ&ĂůůƐƚĂŝůƌĂĐĞŝƐĐŽůůĞĐƚĞĚĂŶĚ ĚŝǀĞƌƚĞĚ ƚŽ ƚŚĞ ƉŽǁĞƌŚŽƵƐĞ ŐĂƚĞĚ ŝŶƚĂŬĞ ƐƚƌƵĐƚƵƌĞ ĂŶĚ ƚƵƌďŽ ŐĞŶĞƌĂƚŽƌƐ ĂŶĚ ƚŽ ƚŚĞ ĂƉƉƌŽdžŝŵĂƚĞůLJϭ...

AI summary The document discusses the 1929 Nova Scotia Power Rate Schedule (DGM E. 5 and 6), highlighting the implementation of a fuel-cost-adjustment mechanism and its impact on rate structures. It also outlines the 2020 fuel-cost-adjustment mechanism and its implications for rate design and affordability.

EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. p. 71
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ x KƵƚůĞƚ ;ƌĂĨƚͲƚƵďĞͿ ůĂƐƐŝĨŝĐĂƚŝŽŶ ʹ ĂƚĞŐŽƌLJ ͕ Ă ůĞŶŐƚŚLJ ĐŽŶƐƚƌƵĐƚĞĚ ƚĂŝůƌĂĐĞ ĐŚĂŶŶĞů ǁŝůů ƌĞƋƵŝƌĞ ƌĞŵĞĚŝĂƚŝŽŶ͘ - x /ŶƐƚĂůůƐŝůƚ͕ĚĞďƌŝƐĂŶĚĞŶǀŝ...

AI summary The text outlines various issues and considerations within a regulatory proceeding, including the evaluation of energy efficiency and conservation mechanisms, the impact of fuel-cost-adjustment mechanisms, and the discussion of cost-recovery and affordability concerns. It also touches on the need for stakeholder engagement and the evaluation of programs and policies.

EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. p. 71
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ - x ŝƐƉŽƐĂůŽĨĐŽŶƐƚƌƵĐƚŝŽŶĂŶĚĚĞŵŽůŝƚŝŽŶĚĞďƌŝƐʹƚƌƵĐŬƐĞůĞĐƚĞĚŵĂƚĞƌŝĂůƐ ƚŽĂĚĞƐŝŐŶĂƚĞĚĐŽŶƐƚƌƵĐƚŝŽŶ ĚĞďƌŝƐĚŝƐƉŽƐĂůĨĂĐŝůŝƚLJ͕ǁŚŝůĞƐƵŝƚĂďůĞŽƚŚĞƌŵĂƚĞƌŝĂ...

AI summary The document discusses the need for regulatory oversight in energy management, emphasizing the importance of accurate cost recovery mechanisms and the challenges associated with aligning base rates with actual costs. It highlights the role of energy efficiency programs and the need for stakeholder engagement in the regulatory process.

EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. p. 73
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ ĐŚĂŵďĞƌ͕ĂŶĚůŽǁĞƌĚƌĂĨƚͲƚƵďĞŽƵƚůĞƚƚŽƚŚĞƚĂŝůƌĂĐĞĐŚĂŶŶĞů͘dŚĞŚĞĂĚŐĂƚĞƐĂƌĞůŽĐĂƚĞĚŝŶƐŝĚĞ ƚŚĞ ƉŽǁĞƌŚŽƵƐĞ ƐƚƌƵĐƚƵƌĞŝŶĂ ĐŽŶĨŝŐƵƌĂƚŝŽŶǁŚŝĐŚ ŝƐ ƌĞŵĂƌŬĂďůLJ...

AI summary The document discusses the implementation of a regulatory proceeding concerning energy efficiency and conservation, including the evaluation of mechanisms, stakeholder involvement, and the impact of various programs. It outlines key considerations, such as the evaluation of cost-recovery mechanisms, affordability, and the role of different stakeholders in the regulatory process.

EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. p. 73
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ - x ZĞŵŽǀĂů ŽĨ ,s ĞƋƵŝƉŵĞŶƚ ĂŶĚ ůŽĐĂůŝnjĞĚ ŚĞĂƚŝŶŐ ƵŶŝƚƐ ĨŽƌ ĂƌĞĂƐ ǁŝƚŚŝŶ ƚŚĞ ďƵŝůĚŝŶŐ ĂŶĚ ĨŽƌ ƚŚŽƐĞ ŚĞĂƚĞƌƐƐƚƌĂƚĞŐŝĐĂůůLJƉůĂĐĞĚƚŽƉƌŽǀŝĚĞĂƐƐŝƐƚ...

AI summary The text discusses various aspects of energy efficiency and conservation in Nova Scotia, including the implementation of programs, stakeholder engagement, and regulatory considerations. It highlights challenges in aligning rate structures with actual costs, the importance of stakeholder input, and the evaluation of energy efficiency initiatives.

EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. p. 73
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ x 'ƌĂǀĞůǁŽŽĚƐƌŽĂĚƐŝŶƚŚĞĂƌĞĂƐŚŽƵůĚƌĞŵĂŝŶŝŶƉůĂĐĞƚŽĨĂĐŝůŝƚĂƚĞŐƌŽƵŶĚͲƐĞĂƌĐŚƌĞƐĐƵĞĂŶĚĨŝƌĞͲĨŝŐŚƚŝŶŐ ĂĐƚŝǀŝƚŝĞƐ͘ dŚĞďƵůŬŽĨĐŽƐƚƐĂƐƐŽĐŝĂƚĞĚǁŝƚŚƚŚĞĚĞĐŽŵŵ...

AI summary The document discusses the impact of the Energy Efficiency and Conservation Act Nova Scotia (EECA) on utility practices, particularly focusing on the challenges of aligning base rates with actual costs and the implications for energy efficiency programs. It highlights the need for better alignment and the role of regulatory oversight in ensuring effective implementation.

EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. p. 87
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ - x ŽŶƐƚƌƵĐƚĂĚĚŝƚŝŽŶĂůŵĂƚĞƌŝĂůůĂLJͲĚŽǁŶĂƌĞĂĂƐƌĞƋƵŝƌĞĚ͘ - x /ŶƐƚĂůůƐŝůƚ͕ĚĞďƌŝƐĂŶĚĞŶǀŝƌŽŶŵĞŶƚĂůĐŽŶƚĂŝŶŵĞŶƚƐ͕ƚĞŵƉŽƌĂƌLJƐĞĐƵƌŝƚLJĨĞŶĐŝŶŐ;ĐŚĂŝŶͲůŝŶŬ...

AI summary The text discusses various aspects of energy regulation, including fuel-cost-adjustment mechanisms, demand-side management, and the impact of regulatory decisions on utility operations. It references legal and policy frameworks, stakeholder engagement, and technical considerations in energy planning and management.

DĂůĂLJ&ĂůůƐĞǀĞůŽƉŵĞŶƚ p. pp. 87-99
DĂůĂLJ&ĂůůƐĞǀĞůŽƉŵĞŶƚ tŽƌŬǁĂƐĐŽŵƉůĞƚĞĚŽŶƚŚĞĨŝƌƐƚƚǁŽƵŶŝƚƐĂƚ DĂůĂLJ&ĂůůƐŝŶϭϵϮϰ͕ǁŝƚŚĂƚŚŝƌĚƵŶŝƚĐŽŵŝŶŐ ŽŶͲůŝŶĞŝŶϭϵϱϰ͘dŚĞƚŚƌĞĞǀĞƌƚŝĐĂůůLJŽƌŝĞŶƚĞĚ ƚƵƌďŽͲŐĞŶĞƌĂƚŽƌƐĞĂĐŚƉƌŽǀŝĚĞĂďŽƵƚϭ͘ϭDt͕ ǁŚŝĐŚ ŝƐ ĚĞǀĞůŽƉĞĚ ĨƌŽŵ ĂƉƉƌŽdžŝŵĂƚĞůLJ ϰϭ ĨĞĞƚŽĨŚĞĂĚĨŽƌĂƚŽƚ...

AI summary The document discusses the DĂůĂLJ&ĂůůƐĞǀĞůŽƉŵĞŶƚ and its implementation under the Electricity Efficiency and Conservation Act Nova Scotia. It highlights the challenges in aligning base rates with actual costs, the use of a fuel-cost-adjustment mechanism, and the need for regulatory oversight. The document also references past proceedings and the evaluation of energy efficiency programs.

EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. p. 99
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ ĞƉĞŶĚŝŶŐ ŽŶ ďĞĚƌŽĐŬ ĐŽŶĚŝƚŝŽŶƐ͕ ƚŚĞƌĞ ŵĂLJ ďĞ ůŝŵŝƚĞĚ ƉŽƚĞŶƚŝĂů Ăƚ ƚŚŝƐ ƐŝƚĞ ĨŽƌ ďƵƌLJŝŶŐ ĚĞŵŽůŝƚŝŽŶŐĞŶĞƌĂƚĞĚŵĂƚĞƌŝĂůƐ͘ &ŽůůŽǁŝŶŐĚĞŵŽůŝƚŝŽŶƉůĂŶ...

AI summary The document outlines various issues and considerations related to electricity efficiency and conservation in Nova Scotia. It discusses topics such as fuel-cost-adjustment mechanisms, demand-side-management programs, and the impact of policy changes on energy consumption and affordability. Key themes include the need for improved regulatory oversight and the importance of stakeholder engagement in the electricity sector.

EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. p. 117
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ WŽǁĞƌŚŽƵƐĞ ĂŶĚ ƐƵƌŐĞ ƚĂŶŬƐ ĂƌĞ ǀŝƐŝďůĞ ĨƌŽŵ ,ŝŐŚǁĂLJ ϭϬϯ͘ ĐĐĞƐƐ ƚŽ ƚŚĞ ƉŽǁĞƌŚŽƵƐĞ ŝƐ ǀŝĂ ĞdžŝƐƚŝŶŐŐƌĂǀĞůƚŽƉƉĞĚŽǁĂƚĞƌ͛ƐZŽĂĚƐŝŶƚŚĞdĂŶƚĂůůŽŶǀŝĐŝŶŝ...

AI summary The document discusses various aspects of regulatory proceedings in Nova Scotia, including fuel-cost-adjustment mechanisms, energy efficiency programs, and stakeholder engagement. It highlights concerns related to cost recovery, affordability, and the implementation of energy efficiency initiatives. Key topics include the impact of regulatory decisions on customers, the evaluation of programs, and the role of the Board in ensuring compliance and fair practices.

EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. pp. 117-120
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ dŚĞdŝĚĞǁĂƚĞƌĞǀĞůŽƉŵĞŶƚǁĂƐĐŽŵƉůĞƚĞĚŝŶ ϭϵϮϮ ĂŶĚ ƉƌŽǀŝĚĞƐ Ϯ͘Ϭ Dt ŽĨ ŐĞŶĞƌĂƚŝŽŶ ĐĂƉĂĐŝƚLJĨƌŽŵĞĂĐŚŽĨŝƚƐƚǁŽǀĞƌƚŝĐĂůůLJŽƌŝĞŶƚĞĚ ƚƵƌďŽͲŐĞŶĞƌĂƚŽƌ ƵŶŝƚƐ...

AI summary The document discusses the regulation of energy efficiency and conservation in Nova Scotia, focusing on mechanisms such as the fuel-cost-adjustment, rate design, and affordability. It outlines the role of the Electricity Efficiency and Conservation Act and the importance of stakeholder engagement and program evaluation.

EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ p. p. 120
EKs^Kd/WKtZ/E͘Ͳ,zZKWZKhd/KE ^/dKDD/^^/KE/E'^d/Dd^hDDZz&KZ^^dZd/ZDEdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ ĨŝůƚĞƌƐ ĂŶĚ ƌĞůĂƚĞĚ ƉŝƉŝŶŐ͕ ƚŚƌŽƚƚůĞ ůŝŶŬĂŐĞ ĐŽŵƉŽŶĞŶƚƐ͕ ĞůĞĐƚƌŝĐĂů ĂŶĚ ĐŽŵŵƵŶŝĐĂƚŝŽŶƐ ĐĂďůĞƐ ĂŶĚ ŵŝƐĐĞůůĂŶĞŽƵƐƐŵĂůůĞƌĞƋƵŝƉŵĞŶƚĂŶĚƉŝƉŝŶŐ͘ - x Z...

AI summary The document discusses various aspects of energy regulation and management in Nova Scotia, including fuel-cost-adjustment mechanisms, demand-side management programs, and the impact of policy on energy efficiency and customer affordability. It highlights challenges in aligning rates with actual costs, ensuring equitable access, and managing stakeholder interests.

ϭϱ͘ tƌĞĐŬŽǀĞ,LJĚƌŽůĞĐƚƌŝĐ^LJƐƚĞŵ p. p. 125
ϭϱ͘ tƌĞĐŬŽǀĞ,LJĚƌŽůĞĐƚƌŝĐ^LJƐƚĞŵ dŚĞtƌĞĐŬŽǀĞ,LJĚƌŽůĞĐƚƌŝĐ'ĞŶĞƌĂƚŝŶŐ^LJƐƚĞŵŝƐŵĂĚĞƵƉƚǁŽŚLJĚƌŽͲĞůĞĐƚƌŝĐĚĞǀĞůŽƉŵĞŶƚƐ͕'ŝƐďŽƌŶĞ ĂŶĚtƌĞĐŬŽǀĞƚŚĂƚĐŽůůĞĐƚĂŶĚŚĂƌŶĞƐƐĂƉŽƌƚŝŽŶŽĨƚŚĞǁĂƚĞƌƌĞƐŽƵƌĐĞƐŽĨƚŚĞĂƉĞƌĞƚŽŶ,ŝŐŚůĂŶĚƐ͘ dŚŝƐƐLJƐƚĞŵŝƐďLJĨĂƌƚŚĞůĂƌŐĞƐƚŚLJĚƌ...

AI summary The text discusses the regulation and management of energy efficiency and conservation in Nova Scotia, focusing on mechanisms and processes related to fuel cost adjustment, rate design, and the implementation of energy efficiency programs. It references the Electricity Efficiency and Conservation Act and mentions Nova Scotia Power as a key entity involved in these processes.

'ŝƐďŽƌŶĞĞǀĞůŽƉŵĞŶƚ p. pp. 125-129
'ŝƐďŽƌŶĞĞǀĞůŽƉŵĞŶƚ 'ŝƐďŽƌŶĞ ĞǀĞůŽƉŵĞŶƚ ǁĂƐ ĐŽŶƐƚƌƵĐƚĞĚ ĂŶĚ ĐŽŵŵŝƐƐŝŽŶĞĚŝŶĂďŽƵƚϭϵϴϮĂĨĞǁLJĞĂƌƐĂĨƚĞƌ ĐŽŵƉůĞƚŝŽŶĂŶĚ ĐŽŵŵŝƐƐŝŽŶŝŶŐŽĨ ƚŚĞtƌĞĐŬ ŽǀĞ ĞǀĞůŽƉŵĞŶƚ͕ ĂƐ ĂŶ ĂĚĚͲŽŶ ƚŽ ƚŚĞ ƐLJƐƚĞŵ͕ ĞŶĂďůŝŶŐ ŐĞŶĞƌĂƚŝŽŶ ĨƌŽŵ ƚŚĞ ĚŝĨĨĞƌĞŶƚŝĂů ŚĞĂĚ ďĞƚǁĞĞŶ 'ŝ...

AI summary The document discusses the 'ŝƐďŽƌŶĞĞǀĞůŽƉŵĞŶƚ' process, emphasizing the need for adjustments in the rate-setting mechanism and the role of the 'tƌĞĐŬ ŽǀĞ &ůŽǁĂŐĞ' in ensuring fair and accurate cost recovery. It highlights the importance of aligning base rates with actual costs and the potential impacts of the current fuel-cost-adjustment mechanism.

N-76Response to Undertaking U-5 combined 2 passages
NON-CONFIDENTIAL p. p. 1
NON-CONFIDENTIAL 1 Undertaking U-5: 2 - 3 To take the cost changes from NSEB IR-128 and go through the stepwise exercise to - 4 produce new RC ratios and new resulting rates for the customer classes. 5 6 Response U-5: 7 - 8 NS Power has co...

AI summary NS Power is proposing to replace the Minimum System Method with the Basic Customer Method for classifying distribution feeder costs, resulting in changes to rate classes and smoothed rate increases as shown in Attachment 4, Figure 14-1.

Nova Scotia Power Determination of Revenue Responsibilities by Rate Class May 2025 p. pp. 1-7
Nova Scotia Power Determination of Revenue Responsibilities by Rate Class May 2025 1 Apportionment of the revenue requirement; exclusive of the FAM, DSM and Storm Cost Recovery Riders (SCRR); among the rate classes is done through the Cost...

AI summary The document outlines the methodology for apportioning revenue requirements among rate classes in Nova Scotia Power's determination of revenue responsibilities by rate class for May 2025. It describes the three categories of customers (ATL, BTL, and Miscellaneous) and the steps involved in calculating revenue increases, including adjusting revenue to align with R/C ratios and eliminating surpluses.

N-77Response to Undertaking U-6 - Redacted combined 2 passages
REDACTED p. p. 0
REDACTED 1 Undertaking U-6: 2 - 3 To take cost changes from NSEB IR-128 and NSP credit each customer class with 1.5 - 4 kilowatts per customer, applying the credit to the NCP demands used for determining the - 5 Minimum System demand alloc...

AI summary The document discusses an undertaking (U-6) involving the application of a 1.5 kW per customer credit to each rate class' NCP demand for determining minimum system demand allocators. NS Power conducted a rate analysis incorporating recalibration of below-the-line rate costs to evaluate the impact of this credit on proposed rate increases.

Nova Scotia Power Determination of Revenue Responsibilities by Rate Class May 2025 p. pp. 3-10
Nova Scotia Power Determination of Revenue Responsibilities by Rate Class May 2025 1 Apportionment of the revenue requirement; exclusive of the FAM, DSM and Storm Cost Recovery Riders (SCRR); among the rate classes is done through the Cost...

AI summary Nova Scotia Power is determining how to apportion the revenue requirement among rate classes, excluding certain riders, using the Cost of Service Study (COSS). Customers are divided into three categories: Above-the-Line (ATL), Below-the-Line (BTL), and Non-electric service Miscellaneous revenues. The ATL revenue requirement is calculated by subtracting revenues from BTL and Miscellaneous revenues from the total system revenue requirement.

N-91Compliance Filing 9 passages
Section 5
16 Reduction of $1.8 million in fuel and purchased power costs in 2026 to reflect the updated 17 estimate for Maritime Link assessment costs, and an update of the 2027 Maritime Link 14 Removal of GRA OM&G costs proposed for deferral and fo...

AI summary The text discusses proposed amendments to the Fuel Adjustment Mechanism (FAM) Plan, including a reduction in fuel and purchased power costs, removal of GRA OM&G costs, and adjustments to the peak load carrying capability. It also mentions the removal of the AMI opt-out fee and references related regulatory proceedings.

FO-13 – Average Rate Base – Deferred Charges and Credits
FO-13 – Average Rate Base – Deferred Charges and Credits 1  RB-01 – Plant In Service Continuity Schedule 2  RB 02-16 – Rate Base Table 3  DA-02 - Accumulated Reserve for Depreciation 4  DA-03 – Amortization Expense 5  OR-01 – Proof of...

AI summary The document outlines various filings related to the average rate base, deferred charges, and credits, including schedules, tables, and tariff attachments submitted for regulatory review. These filings cover topics such as plant continuity, depreciation, revenue calculations, fuel costs, capital structure, and proposed rates.

28
28 1 3.9 Amendments Arising from GRA IR Process 3 4 2027 DCAs. … 5 6 Subject to the Board's approval, the Company proposes to make the appropriate 7 8 revision to the DCA in the Compliance Filing, consistent with the revised rate calculati...

AI summary The document outlines proposed amendments to the 2027 DCAs, subject to the Board's approval, and mentions revisions to the DCA in the Compliance Filing consistent with revised rate calculations following the Board's Decision on the GRA.

1 3.10.2 DSM Cost Recovery Rider (DCRR)
1 3.10.2 DSM Cost Recovery Rider (DCRR) - 2 On March 31, 2026, the Board issued its Order approving the 2026 DCRR (M12521) effective - 3 January 1, 2026. The DCRR Tariff has been updated to reflect the 2026 rates and the revised - 4 method...

AI summary The Nova Scotia Energy Board approved the 2026 DCRR effective January 1, 2026, with updates to the tariff reflecting revised cost-of-service study methods. NS Power plans to implement both DCRR and GRA rate changes simultaneously to avoid multiple rate increases. True-up adjustments will be addressed in a future DCRR Application.

23 3.10.3 Time-Varying Pricing (TVP) Tariffs
23 3.10.3 Time-Varying Pricing (TVP) Tariffs - 24 In October 2025, NS Power sought approval to temporarily modify the Domestic, Small General, - 25 and General Critical Peak Pricing (CPP) and Time-of-Use (TOU) Tariffs for the 2025/26 TVP -...

AI summary In October 2025, NS Power requested to temporarily modify several Time-Varying Pricing (TVP) Tariffs due to a cyber incident affecting system functionality. The Board's Order (M12499) allowed NS Power to introduce an Interim Energy Charge based on standard offer rates until system functionality is restored. The updated tariffs are effective from November 2026 and January 2027.

1 3.11 Rate Changes
1 3.11 Rate Changes 2 - 3 Standardized filing FO-9 includes the revenue requirement and rate increase breakdown. For ease - 4 of reference, that information is provided below. The standardized filing FO-9 in the GRA referred - 5 to three f...

AI summary The document references the Standardized filing FO-9 in the GRA, which includes revenue requirement and rate increase breakdown, and refers to three figures in the Application (11-1, 14-2 and 14-3).

1
1 Proposed Rate Changes Units Proposed for 2026 Proposed for 2027 Percent Change Domestic Service Tariff Customer Charge $/mo. 20.08 21.04 4.8% Energy Charge ¢/kWh 18.480 19.223 4.0% DSM Rider ¢/kWh 0.648 NA NA Small General Tariff Custome...

AI summary The document outlines proposed rate changes for 2026 and 2027, including increases in customer and energy charges across different service tariffs. The DSM Rider for 2026 is updated based on the Board's DCRR Order M12521, while the 2027 DSM Rider is not available. The Energy Charge includes a smoothed base cost charge, SCRR, and FAM AA/BA riders.

DATE FILED: April 7, 2026 Page 22 of 28
DATE FILED: April 7, 2026 Page 22 of 28 DSM Rider ¢/kWh 0.729 NA NA General Tariff Demand Charge $/kW 9.809 10.697 9.1% Energy Charge (Block 1, first 200 kWh) ¢/kWh 14.989 15.039 0.3% Energy Charge (Block 2) ¢/kWh 11.925 11.698 -1.9% DSM R...

AI summary The document presents a detailed table of tariff rates for various customer categories, including changes in demand charges, energy charges, and DSM riders across different tariff structures. The data highlights percentage changes in rates from one period to another, indicating adjustments in pricing for different customer segments.

1 4.0 BILLING DIRECTIVE
1 4.0 BILLING DIRECTIVE 2 3 The Board's Decision includes the following: 4 5 [731] The Board understands that before the implementation of AMI meters, the 6 implementation of a new rate in the middle of a billing cycle might mean that the...

AI summary The Board discusses the implementation of new rates with AMI meters, emphasizing that AMI data allows precise calculation of energy usage before and after rate changes, eliminating the need for proration. It directs NS Power to use actual rates in effect at the time of consumption for billing.

N-91-(iii)Compliance Filings - Regulations 3 passages
Section 4 p. pp. 0-1
"Distribution System Access" The services provided by the Company under the Distribution Tariff to provide for the connection of the RtR Customer to the Company's distribution system, but does not include the provision of electricity. Thes...

AI summary The text defines key terms related to distribution system access, meter readings, licensed retail suppliers, and load definitions under the Distribution Tariff. It outlines the services provided by the Company, the role of licensed retail suppliers, and the scope of terms used in electricity regulation.

In these regulations unless the context requires otherwise: p. pp. 7-10
In these regulations unless the context requires otherwise: "As Found Meter Test" "As Found Meter Test" is a test on the meter removed from a premise and tested at the Company's Measurement Canada certified test center in the condition in...

AI summary This section of the regulations defines key terms such as 'As Found Meter Test,' 'Board,' 'Company,' 'Customer,' and 'Demand.' These definitions are essential for understanding the regulatory framework and operational procedures related to meter testing and energy services in Nova Scotia.

Section 19 p. pp. 10-11
"Distribution System Access" The services provided by the Company under the Distribution Tariff to provide for the connection of the RtR Customer to the Company's distribution system, but does not include the provision of electricity. Thes...

AI summary The text defines key terms related to distribution system access, retail supplier licensing, and metering services. It outlines the services provided by the Company under the Distribution Tariff and specifies the requirements for a Licenced Retail Supplier (LRS) and the terms of the LRS Participation Agreement.

N-91-(iv)Compliance filing - Appendix A and B - FAM POA 11 passages
3.0 CALCULATION OF THE FAM RATE p. p. 5
tion - c. non-firm imports costs - d. export revenue credits will be classified 100 percent to energy and allocated to each class based on its relative contribution to monthly energy requirement. - 3. Fuel costs assigned to the Wholesale M...

AI summary This section outlines the methodology for calculating the FAM rate, detailing how fuel costs, import costs, and export revenue credits are classified and allocated across different classes based on energy contribution, load factors, and system peaks. It also explains the use of the revenue-to-cost ratio to align allocated fuel costs with revenue expectations.

3.2.1 Natural Gas p. p. 5
3.2.1 Natural Gas - Natural Gas Consumed - Financial Instruments used for Hedging (including gains, losses, fees and interest charges) - Pipeline Reservation Fees, Tolls, Penalties (such as imbalance charges) - Pipeline Losses - Natural Ga...

AI summary This section outlines various natural gas-related costs and financial considerations, including consumption, hedging instruments, pipeline fees, storage costs, and GHG emission compliance programs.

Significant FAM Changes p. p. 23
Significant FAM Changes Where, in the absence of a General Rate Application, an increase for any customer class of more than 10 percent compared with the rate payable in the prior year is caused by the application of the FAM procedures, th...

AI summary The document outlines measures the Board may take to assist customers if the Fuel Adjustment Mechanism (FAM) causes a rate increase of more than 10% for any customer class. The Board will monitor the FAM and may defer part of the increase if it deems the increase unacceptable or not in the public interest.

7.0 DEFINITIONS p. pp. 27-28
7.0 DEFINITIONS Actual Adjustment (Refund)/Recovery Rate – AA: is an Actual Adjustment which consists of the difference between fuel-related costs recovered from a rate class through the application of the base rates and the actual fuel co...

AI summary This section defines key terms related to fuel cost adjustments and financial calculations used in rate-setting processes. It includes definitions for Actual Adjustment Rate, Balance Adjustment Rate, Base Cost of Fuel, and Annual Weighted Average Cost of Capital (WACC), which are used to determine fuel cost recovery and rate adjustments.

Preamble p. p. 33
This document describes the plan for administering Nova Scotia Power Inc.'s (NS Power) Fuel Adjustment Mechanism (FAM), which was approved by the Nova Scotia Utility and Review Board (as of April 1, 2025 referred to as the Nova Scotia Ener...

AI summary This document outlines the administration plan for Nova Scotia Power Inc.'s Fuel Adjustment Mechanism (FAM), which recovers fuel and purchased power costs. The Base Cost of Fuel is reset periodically, with stakeholders able to challenge the methodology and forecasts. Adjustments are calculated on a per kWh basis and include interest based on the company's weighted average cost of capital.

2.0 FAM COMPONENTS p. p. 33
2.0 FAM COMPONENTS Each January 1 through December 31 period shall constitute a distinct FAM year. Under the FAM, an adjustment will normally be calculated once per year to reflect the over/-under recovery. The FAM adjustment will consist...

AI summary The Fuel Adjustment Mechanism (FAM) is divided into two components: the Actual Adjustment Component (AA) and the Balancing Adjustment Component (BA). The AA recovers differences between actual fuel and purchased power costs and those previously recovered, while the BA ensures over/under-recovery is corrected and may include deferrals of costs with Board approval.

3.0 CALCULATION OF THE FAM RATE p. p. 33
U classes, the following costs and credits - a. NS Power's plant fuel costs - b. costs of biofuels of purchased biomass generation costs - c. non-firm imports costs - d. export revenue credits will be classified as 100 percent to energy- r...

AI summary The document outlines the classification of various costs and credits under the Fuel Adjustment Mechanism (FAM) rate calculation. Costs such as plant fuel, biofuels, and imports are categorized as energy-related, with specific allocation methods based on load factors and generation sources. Wind and biomass generation are treated differently from other sources in determining energy and demand classifications.

3.2.1 Natural Gas p. p. 33
3.2.1 Natural Gas - Natural Gas Consumed - Financial Instruments used for Hedging (including gains, losses, fees and interest charges) - Pipeline Reservation Fees, Tolls, Penalties (such as imbalance charges) - Pipeline Losses - Natural Ga...

AI summary The section outlines various components related to natural gas, including consumption, financial hedging instruments, pipeline fees, storage costs, and greenhouse gas emission compliance program expenses.

Section 81 p. p. 33
- HFO/Bunker Fuel Consumed - Financial Instruments used for Hedging (including gains, losses, fees and interest charges) - Quality Testing and Inventory Measurement Costs - Standby Emergency Response Services and third party compliance pro...

AI summary The text outlines various operational and compliance-related costs, including fuel consumption, financial hedging, quality testing, emergency response, transportation, GHG compliance, ash hauling, and infrastructure maintenance at Tufts Cove Wharf.

Significant FAM Changes p. p. 33
Significant FAM Changes Where, in the absence of a General Rate Application, an increase for any customer class of more than 10 percent compared with the rate payable in the prior year is caused by the application of the FAM procedures, th...

AI summary The Board will closely monitor the Fuel Adjustment Mechanism (FAM) and may intervene if it causes excessive rate increases for customer classes, considering measures to assist customers, including deferring part of the increase for future collection.

7.0 DEFINITIONS p. p. 33
Base Cost of Fuel per kWh (¢/kWh) included in NS Power's rates. Business Day: is any day other than a Saturday, Sunday, or municipal, provincial or federal statutory holiday in Halifax, Nova Scotia. Compliance Filing: A report filed by NS...

AI summary The text defines key terms related to NS Power's operations, including definitions for fuel costs, compliance filings, export sales, and rate applications. It outlines the calculation of fuel costs recovered through the base cost of fuel component and introduces terms related to Generation Replacement and Load Following (GRLF) rates.

N-91-(v)N-91-(v).pdf 62 passages
AVAILABILITY p. p. 0
AVAILABILITY This tariff is applicable to electric energy used by any customer in a private residence for the customer's own domestic or household use, including lighting, cooking, heating, or refrigeration purposes. Upon application to th...

AI summary The Domestic tariff applies to electric energy used in private residences for domestic purposes. It may also apply to outbuildings on residential property if used for personal pursuits. Commercial use of such buildings requires application of General or Industrial tariffs. The tariff is governed by Section 73 of the Public Utilities Act.

PURPOSE p. pp. 1-139
PURPOSE This is an optional tariff designed to promote the shifting of load from peak to off-peak periods. This tariff is available to customers who are eligible for service under the Domestic Service Tariff.

AI summary This optional tariff aims to encourage customers to shift their energy usage from peak to off-peak periods and is available to those eligible under the Domestic Service Tariff.

Section 12 p. p. 1
Effective December 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-2-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy Charge applies in all...

AI summary Starting December 1, 2025, the Interim Energy Charge applies during all hours in both winter and non-winter periods, aligning with standard offer rates. Critical Peak Events are suspended during this period, and NS Power must notify TVP customers when system functionality is restored, with specific rate changes depending on the restoration date.

cents per kilowatt-hour p. pp. 1-2
cents per kilowatt-hour Interim Energy Charge During a Critical Peak Event Non-critical Peak Hours Effective upon the date of the Board's Order n/a 18.324 1 M12499 – Board Decision, 325286, page 5. October 28, 2025.

AI summary The document outlines an interim energy charge structure, specifying a rate of 18.324 cents per kilowatt-hour for non-critical peak hours, with no charge during critical peak events. This rate is effective from the date of the Board's Order, as detailed in Board Decision M12499.

ENERGY CHARGE p. pp. 2-29
ENERGY CHARGE cents per kilowatt-hour During a Critical Peak Event Non-critical Peak Hours Effective November 1, 2026 182.067 15.411 Effective January 1, 2027 191.990 15.956 The Critical Peak Event is of a four-hour duration and can be cal...

AI summary The document outlines the Energy Charge rates for Critical Peak Events and Non-critical Peak Hours, effective from November 1, 2026, and January 1, 2027, with specific rates provided in cents per kilowatt-hour. A Critical Peak Event is defined as a four-hour duration that can occur between 6:00 AM and 11:00 PM during the Winter Period.

Preamble p. pp. 2-183
The Critical Peak Event pricing applies when a Critical Peak Event is called. In all other hours in the Winter Period, and for all hours in the Non-Winter Period, the rate shall be the Non-critical Peak Hours rate in the table above.

AI summary The text outlines the application of Critical Peak Event pricing, which is only active during Critical Peak Events, while other periods use the Non-critical Peak Hours rate.

CRITICAL PEAK EVENT PROCEDURE p. pp. 2-138
CRITICAL PEAK EVENT PROCEDURE - (1) In the Winter Period, Critical Peak Events exclude all hours on the following holidays: January 1, Nova Scotia Heritage Day, Good Friday, Easter Monday, November 11, December 25 and December 26. If Janua...

AI summary The Critical Peak Event Procedure outlines when and how Critical Peak Events are scheduled during the Winter Period, excluding certain holidays and weekends, and requires customers to be notified in advance of these events, during which a higher energy charge applies.

Section 27 p. p. 5
Effective November 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-6-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy Charge applies in all...

AI summary Effective November 1, 2025, the Nova Scotia Energy Board's decision on NS Power's Time-varying Pricing (TVP) Tariffs (M12499) introduces an Interim Energy Charge during periods of system unavailability. NS Power must notify TVP customers when functionality is restored and transition back to standard rates under specific conditions.

Section 38 p. p. 8
Rate Codes 05, 06

AI summary The text references Rate Codes 05 and 06, which are likely classifications or categories used in the regulatory process for utility rate structures or billing procedures.

Section 45 p. pp. 10-11
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 applies to residential customers using specific electric heating systems and outlines conditions for domestic and outbuilding usage. It references the Public Utilities Act and specifies different tariff applications based on building use.

Section 55 p. p. 13
Effective December 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-14-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy Charge applies in all...

AI summary Effective December 1, 2025, the Nova Scotia Energy Board approved changes to NS Power's Time-varying Pricing (TVP) Tariffs, including the implementation of an Interim Energy Charge during system outages and the restoration of Critical Peak Pricing (CPP) rates once functionality is restored, with specific timelines and grace periods outlined.

cents per kilowatt-hour p. pp. 13-14
cents per kilowatt-hour Interim Energy Charge During a Critical Peak Event For the first 200 kilowatt-hours per month For all additional kilowatt-hours Effective upon the date of the Board's Order n/a 18.919 17.112 1 M12499 – Board Decisio...

AI summary The document outlines the interim energy charge rates during a Critical Peak Event, with different rates for the first 200 kilowatt-hours per month and additional kilowatt-hours. It references a Board Decision dated October 28, 2025.

Rate Code 72 p. p. 14
Rate Code 72 cents per kilowatt-hour For the first 200 During a kilowatt-hours per Critical Peak month after Critical Event Peak Event usage For all additional kilowatt-hours Effective November 1, 2026 151.941 16.739 15.331 Effective Janua...

AI summary Rate Code 72 outlines a tiered pricing structure for electricity, with different rates for the first 200 kilowatt-hours during Critical Peak Events and for all additional kilowatt-hours. The Critical Peak Event is defined as a four-hour period during the winter months, between 6:00 AM and 11:00 PM.

SMALL GENERAL CRITICAL PEAK PRICING TARIFF Page 4 of 4 p. pp. 16-17
SMALL GENERAL CRITICAL PEAK PRICING TARIFF Page 4 of 4 Rate Code 72 - (e) The customer cannot be taking seasonal service from NSPI under Regulation 3.3. - (f) The customer cannot be taking Net Metering service from NSPI under Regulation 3....

AI summary The document outlines eligibility criteria for the Small General Critical Peak Pricing Tariff, specifying that customers cannot be on seasonal service or Net Metering service under specific regulations.

PURPOSE p. p. 17
PURPOSE This is an optional tariff designed to promote the shifting of load from peak to off-peak periods. This tariff is available to customers who are eligible for service under the Small General Tariff.

AI summary This optional tariff aims to encourage customers to shift their energy usage from peak to off-peak periods. It is available to those eligible under the Small General Tariff.

Section 70 p. pp. 17-18
Effective November 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-18-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy Charge applies in all...

AI summary Starting November 1, 2025, the Nova Scotia Energy Board's decision on NS Power's 2025/26 Time-varying Pricing (TVP) Tariffs (M12499) implements an Interim Energy Charge during system unavailability, with specific billing and notification procedures for TVP customers based on when system functionality is restored.

DEMAND CHARGE p. pp. 20-139
DEMAND CHARGE per month per kilowatt of maximum demand Effective upon the date of the Board's Order $9.809 Effective January 1, 2027 $10.697 32 cents per kilowatt reduction in demand charge where the transformer was owned by the customer p...

AI summary The document outlines the demand charge rates effective from the date of the Board's Order and January 1, 2027, with a reduction of 32 cents per kilowatt for customers with transformers owned prior to 1974 or under Special Condition (2).

INTERIM ENERGY CHARGE p. pp. 22-141
INTERIM ENERGY CHARGE Effective December 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-23-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy...

AI summary The Interim Energy Charge, effective December 1, 2025, applies during both winter and non-winter periods and is set to standard offer rates while system functionality is unavailable. Critical Peak Events will not be scheduled during this period, and NS Power must notify customers when system functionality is restored.

p. p. 23
1 M12499 – Board Decision, 325286, page 5. October 28, 2025. Interim Energy Charge During a Critical Peak Event For the first 200 kilowatt hours per month per maximum demand For all additional kilowatt-hours Effective upon the date of the...

AI summary The document outlines the interim energy charge rates for Critical Peak Events, specifying different rates for the first 200 kilowatt-hours per month per maximum demand and for all additional kilowatt-hours. The rates are effective from the date of the Board's Order and are set to change on November 1, 2026, and January 1, 2027.

MAXIMUM PER KWH CHARGE/MINIMUM BILL p. p. 24
MAXIMUM PER KWH CHARGE/MINIMUM BILL The maximum charge per kWh, applying to that portion of the bill which is not concerned with determination of the cost of the Critical Peak Events, will be that for a billing load factor of 10% except th...

AI summary The document outlines the maximum charge per kWh and the minimum monthly bill, specifying that the maximum charge applies to the portion of the bill not related to Critical Peak Events, with a billing load factor of 10% and a minimum monthly bill threshold.

DEMAND CHARGE p. pp. 33-45
DEMAND CHARGE As follows, per month per kilovolt ampere of maximum demand of the current month or the maximum actual demand of the previous December, January, or February occurring in the previous eleven (11) months.

AI summary The demand charge is calculated based on the maximum demand of the current month or the maximum actual demand from the previous eleven months, specifically from December, January, or February.

per month p. p. 33
per month Effective upon the date of the Board's Order $11.174 Effective January 1, 2027 $11.989 32 cents per kilovolt ampere reduction in demand charge where the transformer is owned by the customer.

AI summary The text outlines a rate adjustment effective from the date of the Board's Order and January 1, 2027, along with a reduction in demand charge for customers owning transformers.

DEMAND CHARGE p. pp. 35-152
DEMAND CHARGE per month per kilovolt ampere of maximum demand Effective upon the date of the Board's Order $7.496 Effective January 1, 2027 $8.143 32 cents per kilovolt ampere reduction in demand charge where the transformer was owned by t...

AI summary The document outlines the demand charge rates effective from the date of the Board's Order and January 1, 2027, along with a reduction in demand charge for customers with transformers owned prior to 1974 or under Special Condition (2).

MEDIUM INDUSTRIAL TARIFF Page 2 of 2 p. p. 38
MEDIUM INDUSTRIAL TARIFF Page 2 of 2 (250 kVA or 225 kW to 1,999 kVA or 1,799 kW)

AI summary The document outlines the Medium Industrial Tariff for customers with electrical capacity ranging from 250 kVA or 225 kW to 1,999 kVA or 1,799 kW. It provides details on the applicable rates and structures for this specific range of service.

INTERRUPTIBLE RIDER TO THE LARGE INDUSTRIAL TARIFF (RATE CODE 25) p. p. 42
INTERRUPTIBLE RIDER TO THE LARGE INDUSTRIAL TARIFF (RATE CODE 25) Customers who qualify for interruptible service will receive a per month per kilovolt ampere reduction in demand charge for billed interruptible demand, as shown in the tabl...

AI summary The interruptible rider to the Large Industrial Tariff (Rate Code 25) provides a monthly reduction in demand charges for qualified customers based on billed interruptible demand, which is calculated as the difference between contracted firm demand and billing demand. No credit is applied if billing demand is less than contracted firm demand.

reduction per kilovolt ampere reduction in demand charge p. pp. 42-157
reduction per kilovolt ampere reduction in demand charge Effective upon the date of the Board's Order $7.638 Effective January 1, 2027 $7.667 AVAILABILITY

AI summary The document outlines the effective dates and values for the reduction per kilovolt-ampere reduction in demand charge, which became effective upon the date of the Board's Order and is set to increase to $7.667 on January 1, 2027.

AVAILABILITY p. pp. 46-47
AVAILABILITY This tariff is applicable to three phase electric power and energy, supplied at the low voltage side of the bulk power transformer, to municipal electric utilities. Meter readings shall be increased by 1.1% for each transforma...

AI summary The tariff applies to three phase electric power and energy supplied at the low voltage side of the bulk power transformer to municipal electric utilities. Meter readings are adjusted by 1.1% for each transformation between the meter and the low voltage side to account for transformation losses, and reduced when metering is at transmission voltage.

Section 197 p. p. 57
The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill for the electric power and energy portion of the Miscellaneous Lighting Rate shall be $ as follows per month if such unmetered se...

AI summary The text outlines the maximum charge per kWh based on a billing load factor of 10%, with a specified minimum monthly bill for the electric power and energy portion of the Miscellaneous Lighting Rate when billed separately from metered accounts.

Maintenance Charge (if applicable) p. pp. 58-181
Maintenance Charge (if applicable) Cost of normal fixture maintenance and bulb replacement on the basis of current cost levels shall be used to calculate the monthly maintenance charge. This portion of the rate does not include any provisi...

AI summary The maintenance charge covers the cost of normal fixture maintenance and bulb replacement at current cost levels. It does not include globe washing or cleaning, and vandalism-related repairs are charged to the customer.

Maximum per kWh Charge/Minimum Bill p. pp. 59-182
Maximum per kWh Charge/Minimum Bill The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill shall be as follows per month if such unmetered service is billed separately from any metered...

AI summary The document outlines the maximum charge per kWh based on a 10% billing load factor, with a specified minimum monthly bill for unmetered service billed separately from metered accounts.

(1) Base Cost of Fuel p. pp. 60-183
(1) Base Cost of Fuel The Base Cost of Fuel can be re-set in a General Rate Application or, absent a General Rate Application, every second year as part of the FAM adjustment process. Changes in the Base Cost of Fuel will be reflected in c...

AI summary The Base Cost of Fuel is adjustable through a General Rate Application or every second year via the FAM adjustment process. Adjustments impact customer rates and are applied consistently with the Board-approved Cost of Service Methodology.

2026 p. pp. 61-62
2026 Effective upon the date of the Board's Order Rate Class Actual Adjustment (AA) in cents per kWh Balance Adjustment (BA 1) in cents per kWh Balance Adjustment (BA-2) in cents per kWh FAM AA/BA Combined in cents per kWh Domestic Service...

AI summary The document presents a table outlining various rate classes and their corresponding adjustments, including Actual Adjustment (AA), Balance Adjustment (BA 1 and BA-2), and the Fuel Adjustment Mechanism (FAM) AA/BA Combined, effective upon the date of the Board's Order and January 1, 2027.

Customer Obligations for Self-Supply and Third-Party Supply p. pp. 70-71
Customer Obligations for Self-Supply and Third-Party Supply The customer obligation for self-supply or third-party supply of Regulation is equal to 3.5 percent of Reserved Capacity for Point-to-Point Transmission Service and 3.5 percent of...

AI summary The document outlines customer obligations for self-supply and third-party supply under two types of transmission services. For Point-to-Point Transmission Service, the obligation is 3.5% of Reserved Capacity and 9.1% for Load Following. For Network Integration Transmission Service, the obligation is 3.5% of Network Load and 9.1% for Load Following.

SCHEDULE 9: REAL POWER LOSS FACTORS p. pp. 80-83
SCHEDULE 9: REAL POWER LOSS FACTORS For Point-to-Point service, the Transmission Provider will seasonally calculate loss factors to be used on a path-by-path basis. For each season, winter and summer, the power flow models used to calculat...

AI summary This document outlines the methodology for calculating real power loss factors for both Point-to-Point and Network Service by the Transmission Provider, including seasonal calculations, annual reviews, and the application of locational loss factors. It also details the rate for Network Integration Transmission Service and the formula for transmission congestion charges.

7. NS POWER RESPONSIBILITIES p. p. 88
7. NS POWER RESPONSIBILITIES NS Power shall be responsible for: - (a) provision of Distribution System Access; - (b) processing RtR Customer Transaction Request Applications that are received from an LRS on behalf of the RtR Customer; - (c...

AI summary NS Power is responsible for providing distribution system access, processing customer transaction requests, providing billing data, and acting as a point of contact for RtR Customers. However, NS Power is not responsible for supplying electricity or enforcing contracts between RtR Customers and LRS.

10.1 Provision and Ownership p. p. 90
10.1 Provision and Ownership NS Power will provide, install and seal all revenue class meters as necessary for application of this Distribution Tariff. The meters will be used for determining charges for Distribution System Access under th...

AI summary NS Power is responsible for providing, installing, and sealing revenue class meters for RtR Customers under the Distribution Tariff. The meters must have remote polling capability and comply with the Electricity and Gas Inspection Act regulations. Ownership of the meters and associated equipment remains with NS Power, and metering requirements are detailed in NS Power Regulations Section 4 - Metering.

11.1 Application of Distribution Tariff Rates p. p. 91
11.1 Application of Distribution Tariff Rates The Distribution Tariff amounts payable by the RtR Customer will be calculated by NS Power using the RtR Customer's meter readings and the Distribution Tariff Rate Schedule applicable to the Rt...

AI summary The Distribution Tariff rates payable by the RtR Customer are calculated by NS Power based on meter readings and the applicable rate schedule. If the customer's operational or consumption characteristics change, NS Power will adjust the tariff rate accordingly.

11.2 Billing p. p. 91
11.2 Billing Unless NS Power directs otherwise, the RtR Customer shall be invoiced by the LRS and will pay the LRS for any charges or fees, inclusive of all applicable taxes, owing by the RtR Customer to NS Power under this Distribution Ta...

AI summary This section outlines the billing responsibilities of the RtR Customer under the Distribution Tariff, including charges for distribution system access, demand-side management, storm recovery, and other approved items. The RtR Customer agrees to pay the LRS for these charges and waives claims against NS Power related to billing by the LRS.

11.3 Real Power Losses p. pp. 91-92
11.3 Real Power Losses Distribution System Real Power Losses associated with Distribution System Access are incorporated in the Distribution Tariff rates applicable to each RtR Customer's rate class. The RtR Customer is responsible for the...

AI summary Real power losses in the distribution system are included in the distribution tariff rates for each rate class. The responsibility for these costs falls on the RtR Customer.

Applicable Tariff PCR (cents per kWh) BA (cents per kWh) DCRR (cents per p. pp. 108-109
Applicable Tariff PCR (cents per kWh) BA (cents per kWh) DCRR (cents per kWh) Domestic Service, Domestic Service Time-of-Day, Domestic Service Time-of-Use, Domestic Service Critical Peak Pricing 0.642 0.006 0.648 Small General, Small Gener...

AI summary The table outlines applicable tariffs, including PCR, BA, and DCRR rates for various service types. It also explains the calculation and application of BA2 following the conclusion of the 2023-2026 term, which will be applied over the 2027-2031 term.

1 The Approved DSM Term refers to the full DSM Plan period in effect (e.g. 2023-2026, 2027-2031). p. p. 109
1 The Approved DSM Term refers to the full DSM Plan period in effect (e.g. 2023-2026, 2027-2031). Applicable Tariff PCR (cents per kWh) BA (cents per kWh) DCRR (cents per kWh) General, General Time of Use, General Critical Peak Pricing, Mu...

AI summary The text defines the Approved DSM Term and provides a table with various tariff rates, including PCR, BA, and DCRR, for different service categories. These rates are relevant to demand-side management programs and cost recovery mechanisms.

Section 326 p. p. 113
Effective December 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-114-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy Charge applies in al...

AI summary Effective December 1, 2025, the Nova Scotia Energy Board (NSEB) has approved an interim energy charge for NS Power's Time-varying Pricing (TVP) Tariffs (M12499). This charge applies during all hours in both winter and non-winter periods and is set at standard offer rates. Critical Peak Events will not be scheduled during this period, and customers will be notified once system functionality is restored.

cents per kilowatt-hour p. pp. 113-114
cents per kilowatt-hour Interim Energy Charge During a Critical Peak Event Non-critical Peak Hours Effective December 1, 2025 n/a 16.931 1 M12499 – Board Decision, 325286, page 5. October 28, 2025.

AI summary The document outlines an interim energy charge structure effective December 1, 2025, with a non-critical peak rate of 16.931 cents per kilowatt-hour. It references a Board Decision (M12499) from October 28, 2025, page 5, and includes a reference to a picture on page 114.

p. p. 114
cents per kilowatt-hour Interim Energy Charge During a Critical Peak Event Non-critical Peak Hours Effective upon the date of the Board's Order n/a 18.324 ENERGY CHARGE cents per kilowatt-hour During a Critical Non-critical Peak Event Peak...

AI summary The document outlines energy charge rates during critical peak events and non-critical peak hours, with specific rates effective on different dates starting from January 1, 2024, through January 1, 2027. A critical peak event is defined as a four-hour period between 6:00 AM and 11:00 PM during the winter period.

Section 341 p. p. 116
Effective November 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-118-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy Charge applies in al...

AI summary Effective November 1, 2025, the Nova Scotia Energy Board's decision on NS Power's 2025/26 Time-varying Pricing (TVP) Tariffs (M12499) outlines the application of the Interim Energy Charge during periods of system unavailability and the conditions for restoring TVP rates once functionality is restored.

p. p. 118
cents per kilowatt-hour Interim Energy Charge (Winter Period) On-peak (evening) Off-peak November 1 through March 31 7:00 AM to 11:00 AM 11:00 AM to 5:00 PM 5:00 PM to 9:00 PM 9:00 PM to 7:00 AM Effective November 1, 2025 16.931 16.931 16....

AI summary The document outlines energy charge rates for different periods and time-of-use tiers, including interim and non-winter rates, with effective dates and adjustments. It specifies on-peak and off-peak rates during the winter period, along with applicable holidays and weekends.

CUSTOMER CHARGE p. p. 120
CUSTOMER CHARGE per month Effective February 2, 2023 $19.17 Effective January 1, 2024 $19.17 Effective upon the date of the Board's Order $20.08 Effective January 1, 2027 $21.04 ENERGY CHARGE cents per kilowatt-hour Applicable in December,...

AI summary The document outlines the customer and energy charges effective from various dates, including February 2, 2023, January 1, 2024, the date of the Board's Order, and January 1, 2027. It specifies different rates for different times of the day and months of the year.

Section 358 p. pp. 120-124
Effective: February 2, 2023 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, an...

AI summary This tariff applies to residential customers with specific electric heating systems and outlines conditions for outbuildings on residential property. It specifies that the Domestic Service Time-of-Day Tariff is available to certain customers under the Public Utilities Act. Different rates apply depending on the primary use of the outbuilding.

Section 368 p. pp. 126-127
Effective December 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-127-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy Charge applies in al...

AI summary The Nova Scotia Energy Board (NSEB) has approved changes to NS Power's Time-varying Pricing (TVP) Tariffs effective December 1, 2025. These changes include the implementation of an Interim Energy Charge, restrictions on Critical Peak Events, and provisions for restoring TVP rates once system functionality is restored.

p. p. 127
cents per kilowatt-hour Interim Energy Charge During a Critical Peak Event For the first 200 kilowatt-hours per month For all additional kilowatt-hours Effective December 1, 2025 n/a 17.567 15.841 Effective upon the date of the Board's Ord...

AI summary The document outlines energy charge rates for different periods, including rates during Critical Peak Events and for varying levels of kilowatt-hour usage. The rates are effective on specific dates and include a four-hour Critical Peak Event duration during the Winter Period.

Section 387 p. pp. 131-133
- (a) The customer must commence service under this tariff on November 1st, unless NSPI grants a waiver. - (b) The customer must be equipped with a standard Smart Meter. - (c) NSPI may limit the number of customers who may subscribe to thi...

AI summary The document outlines conditions for customers subscribing to a new tariff effective November 1, 2025, including requirements for Smart Meters, restrictions on seasonal and Net Metering services, and NSPI's authority to limit enrollment.

p. p. 137
cents per kilowatt-hour Interim Energy Charge During a For the first 200 kilowatt Critical hours per month per Peak Event maximum demand For all additional kilowatt-hours Effective December 1, 2025 n/a 14.287 10.990 Effective upon the date...

AI summary The document outlines energy charge rates effective from various dates, with specific rates for the first 200 kilowatt-hours per month during a Critical Peak Event and for additional kilowatt-hours. The Critical Peak Event is defined as a four-hour period during the Winter Period, between 6:00 AM and 11:00 PM.

MAXIMUM PER KWH CHARGE/MINIMUM BILL p. p. 138
MAXIMUM PER KWH CHARGE/MINIMUM BILL The maximum charge per kWh, applying to that portion of the bill which is not concerned with determination of the cost of the Critical Peak Events, will be that for a billing load factor of 10% except th...

AI summary The text outlines the maximum charge per kWh and the minimum monthly bill, specifying that the maximum charge applies to portions of the bill not related to Critical Peak Events, with a billing load factor of 10% and a minimum monthly bill threshold.

PURPOSE p. p. 143
PURPOSE This is an optional tariff designed to promote the shifting of load from peak to off-peak periods. This tariff is available to customers who are eligible for service under the General Tariff.

AI summary This optional tariff aims to encourage customers to shift their electricity usage from peak to off-peak periods. It is available to customers eligible for service under the General Tariff.

SPECIAL CONDITIONS p. pp. 151-152
SPECIAL CONDITIONS - (1) Metering will normally be at the low voltage side of the transformer. Should the customer's requirements make it necessary for the Company to provide primary metering, then the customer will be required to make a c...

AI summary Special conditions outline requirements for metering and service provisions. Customers may need to contribute to the cost of primary metering and adjust kWh readings by 1.9% if metering is on the high voltage side. Non-standard service provisions may require customers to own transformers typically provided by the company.

For customers connected at distribution level, the following charge also applies, subject to the same provisions as the Demand Charge section above. p. p. 154
For customers connected at distribution level, the following charge also applies, subject to the same provisions as the Demand Charge section above. per month Effective February 2, 2023 $1.632 Effective January 1, 2024 $1.632 Effective upo...

AI summary The text outlines a charge applicable to customers connected at the distribution level, with rates effective from February 2023 to January 2027. A reduction in demand charge is provided for customers who own the transformer, at a rate of 32 cents per kilovolt ampere.

DEMAND CHARGE p. p. 160
DEMAND CHARGE As follows, per month per kilovolt ampere of the higher of: - (a) maximum actual demand of the current month; or - (b) the maximum actual demand of the previous December, January, or February occurring in the previous eleven...

AI summary The demand charge is calculated monthly based on the higher of the current month's maximum actual demand or the highest demand from the previous eleven months, excluding peak demands during the first two hours after outage restoration. Customers are expected to manage demand peaks following outages.

AVAILABILITY p. pp. 161-162
AVAILABILITY This tariff is applicable to three phase electric power and energy, supplied at the low voltage side of the bulk power transformer, to municipal electric utilities. Meter readings shall be increased by 1.1% for each transforma...

AI summary The tariff applies to three phase electric power and energy supplied at the low voltage side of the bulk power transformer to municipal electric utilities. Meter readings are adjusted by 1.1% for each transformation between the meter and the low voltage side to account for transformation losses, and readings are reduced when metering is at transmission voltage.

(a) Operating, Maintenance, and Capital (full charge) p. pp. 171-174
(a) Operating, Maintenance, and Capital (full charge) Rate Code Watts kWh per per month ($) month 2023 2024 Other 140 400 150 33.42 33.48 141 1,000 360 72.77 72.90 142 250 100 25.12 25.15 143 150 67 19.32 19.34 kWh per per month ($) Rate C...

AI summary The document presents rate codes and corresponding charges for electricity usage in Nova Scotia, detailing costs per kilowatt-hour for different wattage tiers across various years. This information is relevant to rate design and cost-to-customer considerations.

Section 502 p. p. 180
The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill for the electric power and energy portion of the Miscellaneous Lighting Rate shall be $ as follows per month if such unmetered se...

AI summary The document outlines the maximum charge per kWh based on a billing load factor of 10%, with a specified minimum monthly bill for the electric power and energy portion of the Miscellaneous Lighting Rate when billed separately from metered accounts.

11.1 Application of Distribution Tariff Rates p. p. 219
11.1 Application of Distribution Tariff Rates The Distribution Tariff amounts payable by the RtR Customer will be calculated by NS Power using the RtR Customer's meter readings and the Distribution Tariff Rate Schedule applicable to the Rt...

AI summary The Distribution Tariff amounts payable by the RtR Customer are calculated based on meter readings and applicable rate schedules. If the customer's operational or consumption characteristics change, NS Power will adjust the tariff rate accordingly.

\ Note: for certainty, all capitalized terms shall, unless otherwise defined herein, have the meanings ascribed thereto in the Distribution Tariff. p. pp. 222-223
\ Note: for certainty, all capitalized terms shall, unless otherwise defined herein, have the meanings ascribed thereto in the Distribution Tariff. General, General Critical Peak Pricing, General Time-of-Day Demand Charge ($/kW) Minimum Mo...

AI summary The text provides a table showing different rate structures for demand charges, minimum monthly charges, and transformer ownership credits effective on various dates, including dates tied to the Board's Order. It outlines rates for General, Large General, and Small Industrial categories as of 2023, 2024, and 2027.

N-92Compliance Filing - Standardized Filings - Redacted 17 passages
Section 200
-42 -64 -53 -25 -8 P-15B (9) Non-Operating Revenue: (10) FCR DEFERRAL 0 0 0 0 0 0 0 0 0 0 0 P-15B (11) OTHER REVENUE -277 -178 -9 -49 -6 -5 -6 -10 -8 -4 -1 O-9B (12) RETURN (PROFIT/LOSS) 33,529 21,540 1,100 5,967 680 611 786 1,220 1,005 46...

AI summary The text presents financial data related to non-operating revenue, including FCR deferral, other revenue, and return (profit/loss) for various periods. It also includes total figures for EHV, transmission, and distribution, along with operating and maintenance costs and advocacy expenses.

Section 230
RATE CLASS DISAGGREGATION ANALYSIS BY FUNCTIONAL AREAS FOR THE YEAR ENDING DECEMBER 31, 2026 CLASS : DOMESTIC RATE BASE COSTS (Source Exh 6) (Source Exh. 3) Variable Fixed Costs Unit Cost Demand ($/kW of Class monthly Energy Customer Fuel...

AI summary The document provides a rate class disaggregation analysis for the domestic rate class, breaking down costs into generation, reliability, and total generation for the year ending December 31, 2026. It includes details on rate base, variable and fixed costs, and unit costs for energy and demand.

Section 261
RATE CLASS DISAGGREGATION ANALYSIS FOR THE YEAR ENDING DECEMBER 31, 2026 CLASS : LARGE INDUSTRIAL RATE BASE COSTS (Source Exh 6) (Source Exh. 3) Variable Fixed Unit Cost Fuel Operating Capital Return Total Total Cost Units Sold Demand Ener...

AI summary The document presents a rate class disaggregation analysis for the Large Industrial class as of December 31, 2026, breaking down rate base, variable and fixed costs, and unit costs across energy and demand categories.

Section 323
4) % RESPONSIBILITY 100.00% 81.47% 5.48% 6.40% 0.45% 0.86% 0.65% 0.68% 0.59% 0.05% 3.36% C-3 (15) CUSTOMER SECONDARY 539,613 488,926 27,443 11,240 0 2,102 0 0 0 0 9,903 (16) % RESPONSIBILITY 100.00% 90.61% 5.09% 2.08% 0.00% 0.39% 0.00% 0.0...

AI summary The text presents a series of tables with percentages of responsibility and numerical data related to customer bills and revenue collected, with some entries marked as confidential. These tables appear to be part of a regulatory proceeding involving financial and operational metrics.

Section 382
OINCIDENT LINE COIN. PEAK COINCIDENT SALES LOSSES REQUIREMENT DMD. (KW) FACTOR DMD. (KW) LOSSES DMD. (KW) L/D FACTOR ( 1) DOMESTIC 276,088 7.82% 297,673 576,378 93.5% 539,018 8.41% 584,352 70.75% ( 2) SMALL GENERAL 23,021 7.77% 24,810 53,4...

AI summary The document presents a detailed breakdown of electricity sales, losses, and demand across various customer categories, including domestic, industrial, and municipal sectors. It includes metrics such as peak demand, load factor, and losses, with specific data for different classes of users and programs like PHP and ELIADC.

Section 385
OINCIDENT LINE COIN. PEAK COINCIDENT SALES LOSSES REQUIREMENT DMD. (KW) FACTOR DMD. (KW) LOSSES DMD. (KW) L/D FACTOR ( 1) DOMESTIC 327,490 7.98% 353,638 763,048 87.6% 668,458 9.28% 730,459 65.07% ( 2) SMALL GENERAL 24,363 7.94% 26,296 50,4...

AI summary The text provides a detailed breakdown of electricity demand, losses, and requirement factors across various customer categories in Nova Scotia, including domestic, industrial, and municipal sectors, along with a sub-total summary of the data.

Section 388
OINCIDENT LINE COIN. PEAK COINCIDENT SALES LOSSES REQUIREMENT DMD. (KW) FACTOR DMD. (KW) LOSSES DMD. (KW) L/D FACTOR ( 1) DOMESTIC 431,585 8.60% 468,686 1,111,549 82.8% 920,296 11.77% 1,028,601 63.29% ( 2) SMALL GENERAL 28,882 8.54% 31,350...

AI summary The document presents a detailed breakdown of electricity sales, losses, and demand factors across various customer categories in Nova Scotia, including domestic, industrial, and municipal sectors, along with specific programs such as PHP and ELIADC.

Section 405
1.08 1.23 1.08 1.00 1.08 0.72 RATIOS OF AVERAGE OF 3 WINTER MONTH COINCIDENT PEAKS TO AVERAGE SEASONAL COINCIDENT PEAKS Jan, Feb, Dec 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Mar, Apr 1.22 1.34 1.24 1.21 0.99 1.25 1.11 1.04 0.00 1...

AI summary The text presents ratios of average winter month coincident peaks to average seasonal coincident peaks across different months, with values ranging from 0.72 to 2.26. A table for standby service tariff is mentioned but not included.

Section 459
12.00% (292) CUSTOMER SOLUTIONS ALLOCATOR - GENERAL 16.51% 12.00% (293) CUSTOMER SOLUTIONS ALLOCATOR - LARGE GENERAL 2.35% 2.00% (294) CUSTOMER SOLUTIONS ALLOCATOR - SMALL INDUST. 1.80% 9.00% (295) CUSTOMER SOLUTIONS ALLOCATOR - MEDIUM IND...

AI summary The document presents a detailed breakdown of percentage allocations for Customer Solutions and Meter Data Services allocators across various categories, including domestic, industrial, municipal, and unmetered sectors. The data compares two sets of percentages, indicating potential adjustments or discrepancies in distribution.

Section 464
1,825,306.19 1,825,306.19 1,825,306.19 $37,511 (352) (0.000) #REF! #REF! (353) EXPORT SALES - (354) FX Interest (355) (356) FX COST REVENUE OF BTL RATE CLASSES Var (357) SHORE POWER PROD 19.116 19.116 0.000 (358) SHORE POWER TRANS - - 0.00...

AI summary The text presents a financial table with various line items, including shore power, generation replacement, and ELIADC, with associated costs and revenues across different categories such as production, transmission, distribution, and retail. Some entries show variances and include numerical values, while others are marked as zero or not applicable.

Section 504
6C ALLOCATION OF DEPRECIATION EXPENSES 6D STORM EXPENSES AND REVENUE 6E REVENUE ANALYSIS 7 DEVELOPMENT OF ALLOCATION FACTORS 8A & 8B & 8C SALES, GENERATION AND DEMAND ANALYSIS 9A DETERMINATION OF CLASS NON-COIN. KW DEMAND BY VOLTAGE LEVEL...

AI summary The document presents a summary of revenue to expense recovery ratios for different customer classes in 2026 and 2027, showing proposed rates. Domestic customers have a slightly lower ratio compared to other classes, while most industrial and general classes have similar ratios.

Section 624
REAL TIME POWER LOAD FOLL. ELIADC BUTU SPILL PRICING EBS RTR OATT TOTAL BTL

AI summary The text presents a real-time power load follow table, including columns such as ELIADC, BUTU, SPILL, PRICING, EBS, RTR, OATT, and TOTAL BTL, indicating various metrics related to power load and generation.

Section 720
RATE CLASS DISAGGREGATION ANALYSIS FOR THE YEAR ENDING DECEMBER 31, 2027 CLASS : SMALL GENERAL RATE BASE COSTS (Source Exh 6) (Source Exh. 3) Variable Fixed Unit Cost Fuel Operating Capital Return Total Total Cost Units Sold Demand Energy...

AI summary This document provides a rate class disaggregation analysis for the Small General rate class as of December 31, 2027. It includes details on rate base, costs, and unit costs, with breakdowns of variable and fixed costs, as well as energy and demand-related metrics.

Section 724
RATE CLASS DISAGGREGATION ANALYSIS FOR THE YEAR ENDING DECEMBER 31, 2027 CLASS : GENERAL RATE BASE COSTS (Source Exh 6) (Source Exh. 3) Variable Fixed Unit Cost Fuel Operating Capital Return Total Total Cost Units Sold Demand Energy Custom...

AI summary This document presents a rate class disaggregation analysis for the year ending December 31, 2027, focusing on the General rate class. It details various costs, including fuel, operating, capital, return, and total costs, along with units sold, demand, and energy metrics for generation, reliability, and total generation.

Section 820
COMPANY DOMESTIC GENERAL GENERAL LARGE INDUSTRIAL INDUSTRIAL INDUSTRIAL ELI 2P-RTP MUNICIPAL UNMETERED FACTOR (1) TOT. EXP. -CUST. (DIST.) $136,752 $122,634 $7,018 $4,037 $7 $766 $58 $12 $0 $2 $2,217 (2) % RESPONSIBILITY 100.00% 89.68% 5.1...

AI summary This document presents a table with various expense categories and their distribution across different customer types, including percentages of responsibility and associated monetary values. It includes rows for total expenses, customer solutions, meter data services, and cash allocations, with references to different factors and order numbers.

Section 883
1.08 1.25 1.08 1.00 1.09 0.73 RATIOS OF AVERAGE OF 3 WINTER MONTH COINCIDENT PEAKS TO AVERAGE SEASONAL COINCIDENT PEAKS Jan, Feb, Dec 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Mar, Apr 1.22 1.34 1.23 1.22 0.99 1.25 1.12 1.04 0.00 1...

AI summary The text presents a table with ratios comparing average winter month coincident peaks to average seasonal coincident peaks, and references an insert table for standby service tariff. The data spans multiple months and years, highlighting variations in peak demand ratios.

Section 1072
costs (CA IR-001) Variance % Var 13 Relative Shares of Relative Shares of Imports (allocated on Basic and Supplemental Blocks ERIS NRIS Credit, Export Revenues, (Allocated demand- OM&G costs Demand-related Energy-related Total related rela...

AI summary The text presents a table with cost-related data, including variance percentages, embedded costs, fuel costs, and energy-related and demand-related costs, categorized by rate class and other factors. It appears to be a detailed financial breakdown from a regulatory proceeding.

N-93NSPI (NSEB) RIR 1 to 7 4 passages
1 Request IR-1: p. p. 1
NON-CONFIDENTIAL 1 Request IR-1: 2 3 Section 4.6 of the Board's decision in this matter expressed concern about implementing the 4 rate increase through prorating in the context of the potential for prorating over a period 5 that was longe...

AI summary The document discusses concerns raised about NS Power's meter reading and billing processes following a cybersecurity breach, specifically regarding prorating a rate increase. NS Power responds that its processes have returned to normal, citing restored data connections and system integrations.

Section 8 p. p. 1
More specifically, for customers with electric thermal storage (ETS) heating systems, the Time-of-Day rate uses meters programmed with three separate meter reading channels to capture a single meter reading for each block (Peak, Off-Peak,...

AI summary The document discusses the technical aspects of Time-of-Day and Time-Varying Pricing rate structures, highlighting the differences in metering requirements and the challenges posed by NS Power's legacy CIS billing system in handling additional billing periods. It outlines potential impacts on billing processes, staffing, and system capacity.

Preamble p. p. 1
Request IR-5: What is the estimated cost to comply with the Board's directive to use AMI data to avoid prorating bills to accommodate the rate change? Response IR-5: The Company has not completed a detailed analysis or scoping exercise as...

AI summary The Company estimates a minimum cost of $1,000,000 to comply with the Board's directive to use AMI data to avoid prorating bills, including capital and OM&G costs. The Company argues that proration concerns apply only to the Energy Charge, not the Customer Charge, and provides an analysis focused on residential customers with extended billing periods.

NON-CONFIDENTIAL p. pp. 1-11
NON-CONFIDENTIAL It is important to bear in mind that relative to the costs that would be incurred and ultimately recovered from customers to change the Company's proration methodology, the likely effect of proration on customers is small....

AI summary The document discusses the impact of proration methodology on customer bills when rate changes occur mid-billing period, using an example of a 900 kWh customer. It notes the small effect of proration and acknowledges that fuel and DSM costs are trued up later, reducing future recovery. The Company is exploring alternatives to prorating bills as part of a new billing system.

N-94Revised Regulations 4 passages
In these regulations unless the context requires otherwise: p. pp. 10-11
In these regulations unless the context requires otherwise: "As Found Meter Test" "As Found Meter Test" is a test on the meter removed from a premise and tested at the Company's Measurement Canada certified test center in the condition in...

AI summary The document defines key terms used in the regulations, including 'As Found Meter Test,' 'Board,' 'Company,' 'Customer,' and 'Demand.' It outlines the services provided by the Company under the Distribution Tariff, such as connections, disconnections, and meter services, for Right to Request (RtR) Customers.

Section 38 p. pp. 17-18
"Distribution System Access" The services provided by the Company under the Distribution Tariff to provide for the connection of the RtR Customer to the Company's distribution system, but does not include the provision of electricity. Thes...

AI summary The text defines key terms related to distribution system access, meter readings, farming or fishing units, licensed retail suppliers, load definitions, and LRS Participation Agreements, emphasizing compliance with regulations and agreements.

METER READING IN RURAL AREAS p. pp. 22-23
METER READING IN RURAL AREAS Where electric service is supplied to a Customer in a rural area, the Company may adopt a postcard meter reading system of monthly or bi-monthly meter reading. Under such system, the Company shall supply the Cu...

AI summary The document outlines a postcard meter reading system for rural areas, where customers are responsible for recording and returning meter readings. The Company may use this system as an alternative to traditional meter reading, with readings occurring monthly or bi-monthly.

METER READING IN RURAL AREAS p. pp. 24-25
METER READING IN RURAL AREAS Where electric service is supplied to a Customer in a rural area, the Company may adopt a postcard meter reading system of monthly or bi-monthly meter reading. Under such system, the Company shall supply the Cu...

AI summary The document outlines a postcard meter reading system for rural areas, where customers are required to record and return meter readings via prepaid postage cards. The company may consider these readings as actual meter readings under this system.

99466Hearing Order 2 passages
IN THE MATTER OF THE PUBLIC UTILITIES ACT
IN THE MATTER OF THE PUBLIC UTILITIES ACT -and - IN THE MATTER OF A GENERAL RATE APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of certain revisions to its Rates, Charges and Regulations BEFORE: Stephen T. McGrath, K.C., Chair...

AI summary Nova Scotia Power Incorporated seeks approval for rate revisions under the Public Utilities Act. The proceeding is before a panel chaired by Stephen T. McGrath, K.C., with Roland A. Deveau, K.C., and Steven M. Murphy as members. The application involves proposed changes to rates, charges, and regulations.

HEARING ORDER
HEARING ORDER NS Power applied to the Nova Scotia Energy Board on September 18, 2025, for approval of certain revisions to its Rates, Charges and Regulations.

AI summary NS Power submitted an application to the Nova Scotia Energy Board on September 18, 2025, seeking approval for revisions to its Rates, Charges and Regulations. The proceeding involves regulatory review of proposed changes to utility pricing structures and operational policies.

99704Amended Hearing Order 2 passages
IN THE MATTER OF THE PUBLIC UTILITIES ACT
IN THE MATTER OF THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF A GENERAL RATE APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of certain revisions to its Rates, Charges and Regulations BEFORE : Stephen T. McGrath, K.C., Chai...

AI summary The document pertains to a regulatory proceeding under the Public Utilities Act, involving Nova Scotia Power Incorporated's application for revisions to its rates, charges, and regulations. The proceeding is before a panel including Stephen T. McGrath (Chair), Roland A. Deveau (Vice Chair), and Steven M. Murphy (Member).

AMENDED HEARING ORDER
AMENDED HEARING ORDER NS Power applied to the Nova Scotia Energy Board on September 18, 2025, for approval of certain revisions to its Rates, Charges and Regulations.

AI summary NS Power applied to the Nova Scotia Energy Board on September 18, 2025, seeking approval for revisions to its Rates, Charges, and Regulations. The application pertains to amendments in the regulatory framework governing the organization's service provisions and financial structures.

99705Amended Notice of Public Hearing 1 passage
NS Power is also proposing: p. p. 0
NS Power is also proposing: - 1. To maintain its current return on common equity of 9.0%, with an earnings band of 8.75% to 9.25%. The common equity ratio would also remain at 40%. - 2. The BCF amounts attributable to FAM customers be set...

AI summary NS Power proposes maintaining a 9.0% return on common equity with a 40% equity ratio, setting BCF amounts for 2026 and 2027 at $927.3M and $850.9M, and making administrative amendments to the FAM and Hedging Plan of the Fuel Manual.

101354Board Decision 87 passages
IN THE MATTER OF THE PUBLIC UTILITIES ACT p. p. 5
IN THE MATTER OF THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF A GENERAL RATE APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of certain revisions to its Rates, Charges and Regulations BEFORE: Stephen T. McGrath, K.C., Chair...

AI summary Nova Scotia Power Inc. seeks approval for rate revisions under the Public Utilities Act. The proceeding involves intervenors including the Consumer Advocate, Small Business Advocate, and other groups. The Board members reviewing the application include Stephen T. McGrath, Roland A. Deveau, and Steven M. Murphy.

1.0 SUMMARY p. pp. 5-7
1.0 SUMMARY - [1] The Nova Scotia Energy Board is keenly aware that electricity rates are already challenging for many customers, and any rate increase will be difficult, especially for those with low or fixed incomes. However, the Board d...

AI summary The Nova Scotia Energy Board acknowledges the difficulty of electricity rate increases for low-income customers but lacks authority to set special rates under the Public Utilities Act. NS Power filed a GRA proposing 1.8%-4.1% rate increases for 2026-2027, with residential rates rising more sharply. The Board emphasizes its role in recovering prudently incurred costs, while NS Power claims the application resulted from collaborative negotiations with customer representatives.

Jurisdiction of Board p. p. 19
Jurisdiction of Board - 30 (1) A Board has exclusive jurisdiction in all cases and in respect of all matters in which jurisdiction is conferred on the Board. - (2) The Boards, as to all matters within their jurisdiction pursuant to this Ac...

AI summary The Nova Scotia Utility and Review Board (NSUARB) has exclusive jurisdiction over utility regulation, acting as a surrogate for competition in natural monopolies. Rate-setting uses a cost-of-service methodology to balance utility costs and fair rates for customers, as outlined in the Public Utilities Act (PUA). Legal precedents emphasize the Board's role in ensuring reasonable returns for utilities while protecting consumers.

Amount utility entitled to earn annually p. p. 19
n s. 42(1) which states: - 42 (1) Every public utility shall be entitled to earn annually such return as the Board deems just and reasonable on the rate base as fixed and determined by the Board. … - 23 The concept of a utility securing a...

AI summary The Nova Scotia Utility and Review Board (NSUARB) determines that public utilities are entitled to earn a 'just and reasonable' annual return on their rate base, as defined by the Public Utilities Act (PUA). Rates must ensure this return after covering operating expenses and allowed capital expenditures, while preventing extravagance through strict oversight of rate base composition and allowable costs.

CRITERIA OF A SOUND RATE STRUCTURE p. p. 19
CRITERIA OF A SOUND RATE STRUCTURE - 1. The related, "practical" attributes of simplicity, understandability, public acceptability, and feasibility of application. - 2. Freedom from controversies as to proper interpretation. - 3. Effective...

AI summary The document outlines eight criteria for a sound rate structure, emphasizing simplicity, revenue stability, fairness, and efficiency. It references James Bonbright's principles and legal precedents, including the Public Utilities Act and statutory interpretation requirements. The criteria are used to assess current applications under Nova Scotia regulatory frameworks.

3.1 Should the Settlement Agreement be Approved? p. p. 26
3.1 Should the Settlement Agreement be Approved? [36] On September 2, 2025, NS Power wrote to the Board to advise that it would be filing a general rate application for the 2026 and 2027 test years. It stated that it had reached a consensu...

AI summary NS Power advised the Board on September 2, 2025, of its intent to file a general rate application for 2026 and 2027, supported by customer representatives. However, the application was not filed until September 18, 2025, and the settlement agreement was only submitted on November 5, 2025, following information requests from Board staff.

[37] The terms of the settlement agreement are set out in a schedule to the agreement and provide as follows: p. p. 26
[37] The terms of the settlement agreement are set out in a schedule to the agreement and provide as follows: GRA Element Settlement Terms Cost of Service ("COS") a) The COS as set out in the Draft GRA will be included in the 2026-2027 GRA...

AI summary The settlement agreement outlines terms for the 2026-2027 GRA, including the inclusion of the Cost of Service and MEU Treatment. The agreement specifies that the Minimum System methodology will be subject to a future proceeding, and data regarding PHP's use of the High Voltage transmission system will be collected and disclosed. The apportionment of assessment costs from the Maritime Link remains open for future determination.

Preamble p. pp. 26-281
[38] Previous decisions by the NSUARB set out the principles it applied in its consideration of settlement agreements. Those principles are still relevant and bear repeating. In its decision dated November 5, 2008, about a prior NS Power g...

AI summary The NSUARB emphasizes its commitment to ensuring that settlement agreements are just, reasonable, and in the public interest. It highlights the importance of settlement agreements in regulatory proceedings, noting their role in promoting collaboration and reducing controversy in rate applications. The Board also outlines its principles for evaluating such agreements, including the need to ensure that costs are prudently incurred and that all intervenor concerns are adequately addressed.

3.1.1 Findings p. pp. 26-32
3.1.1 Findings [41] As noted above, the NSUARB has considered settlement agreements in past matters. The Board appreciates the efforts of parties to resolve contested issues in matters coming before it and encourages such initiatives to co...

AI summary The NSUARB emphasizes that while settlement agreements are valuable, they must be just, reasonable, and in the public interest. It notes that the current settlement was reached before the application was filed, affecting its weight. The Board approves some terms but requires amendments to ensure fair rates.

3.2 Fuel and Purchased Power p. pp. 32-34
3.2 Fuel and Purchased Power [45] Fuel and purchased power expenditures are direct pass-through costs paid by NS Power's customers. Under the Fuel Adjustment Mechanism (FAM), those costs are identified as the Base Cost of Fuel (BCF). Actua...

AI summary Fuel and purchased power costs are pass-through expenses managed via the Fuel Adjustment Mechanism (FAM), with actual costs tracked against forecasts. Over/under recoveries are adjusted through AA and BA riders. NS Power provides regular updates, and an independent Board-appointed auditor conducts biennial audits reviewed in public proceedings.

3.2.1 Base Cost of Fuel p. pp. 34-35
3.2.1 Base Cost of Fuel [46] Fuel and purchased power costs comprise the largest portion of NS Power's revenue requirement. During the two-year test period, NS Power has forecast those costs to be $918.6 million for 2026 and $918.4 million...

AI summary NS Power's application for new Base Cost of Fuel (BCF) amounts for 2026 and 2027 is under review. The proposed BCF adjustments aim to smooth rate increases for each rate class during the 2026-2027 GRA period, resulting in over-collection in 2026 and under-collection in 2027. Board Counsel engaged Bates White to review the application, and NS Power applied for an extension of the AA/BA riders on an interim basis.

Q. So in this case, it refers to Appendix 5A and it says: p. p. 35
competition in two ways. It sets an unrealist benchmark of posted retail rates for comparison purposes, and it creates an ongoing fuel liability for customers looking to leave NSPI bundled service. … REI respectfully requests that the Boar...

AI summary REI argues that NSPI's fuel cost forecasts are inaccurate and requests adherence to the FAM POA for annual recovery of overages. NS Power counters that its methods are audited by Bates White and compliant with the POA, thus no directive is needed.

3.2.2 FAM Plan of Administration and Fuel Manual p. p. 40
3.2.2 FAM Plan of Administration and Fuel Manual

AI summary The FAM Plan of Administration and Fuel Manual outlines procedures for managing fuel costs and administrative processes under Nova Scotia's Fuel Adjustment Mechanism. It addresses regulatory oversight, compliance with energy policies, and ensures alignment with utility operations and rate design frameworks.

3.2.2.1 Plan of Administration p. pp. 40-41
3.2.2.1 Plan of Administration [60] In its application, NS Power requested approval of amendments to the FAM Plan of Administration as described in Section 6 and Appendix 6A and set out in Appendix 6B. On page 32 of the application, NS Pow...

AI summary NS Power seeks approval to amend the FAM Plan of Administration (POA) for the 2026-2027 GRA period, including aligning fuel costs with COSS, adding renewable program credits, and moving OM&G expenses to FAM. The NSEB requested clarification on language in the amendment, and NS Power referenced prior Board decisions and matter M11127.

3.2.2.2 Fuel Manual and Hedging Plan p. pp. 41-42
3.2.2.2 Fuel Manual and Hedging Plan [64] On page 29 of its application, NS Power stated: NS Power's currently approved version of the Confidential Fuel Manual, which sets out the requirements for fuel and purchased power procurement, is i...

AI summary NS Power submitted administrative updates to its Fuel Manual and Hedging Plan, including generic references to the Hedging Plan and minor language changes. The Board typically does not approve these documents but accepts them for informational purposes, with changes intended to extend beyond the prior rate stability period.

3.3.1.1 Findings p. pp. 44-53
3.3.1.1 Findings [90] NS Power's proposed increase in OM&G costs is significant. It represents a 20% increase in 2027 (18.3% in 2026) from the OM&G costs included in rates approved in the 2023-2024 GRA. The burden is on NS Power to show th...

AI summary NS Power's proposed 20% increase in OM&G costs for 2027 is partially justified by the Board, citing increased customer service demands, the 5-Year Reliability Plan, and new grid-scale battery installations to meet RES requirements. The Board emphasizes NS Power must prove all costs are just and reasonable.

Rates of utility to include allowance for depreciation p. p. 63
Rates of utility to include allowance for depreciation 41 In fixing rates, tolls and charges to be paid to a public utility for any service, the Board shall include proper allowances for depreciation. [122] NS Power owns significant assets...

AI summary The Nova Scotia Utility and Review Board (NSUARB) mandates that utility rates include depreciation allowances. NS Power uses asset pools to track depreciation, recovering original costs and salvage expenses over asset lifetimes. The Public Utilities Act (PUA) permits recovery of prudently incurred costs, including depreciation, from customers.

3.4.1.1.1 Production Plant p. p. 72
3.4.1.1.1 Production Plant [142] As it relates to its generation assets, NS Power's depreciation study requires it to estimate the future cost of decommissioning its generation sites, as depreciation rates are generally set to recover the...

AI summary NS Power's depreciation study for generation assets includes decommissioning cost estimates, with separate studies for hydro and non-hydro plants. The GRA settlement agreement removed inflation and contingency costs, lowering proposed depreciation rates. Partial decommissioning costs (excluding dams and archaeological expenses) are included, while full decommissioning and archaeological costs are excluded to balance rate pressure and cost recovery.

3.4.1.2 Estimated Average Asset Service Lives p. pp. 74-76
3.4.1.2 Estimated Average Asset Service Lives [151] Key elements influencing the determination of depreciation expense are average asset service lives and survivor curves. Survivor curves (also referred to as Iowa curves) are a series of c...

AI summary The document discusses methods for estimating average asset service lives using survivor curves, with changes made via the GRA settlement agreement. Gannett Fleming's study informed these estimates, but Mr. Madsen disputed certain curve selections, proposing alternatives. Adjustments to service lives for specific accounts reduced NS Power's depreciation rates.

3.4.1.3.1 Exclusion of Wreck Cove, Mersey and Tusket Hydro System Decommissioning Costs from Proposed Depreciation Rates p. p. 77
ion rates for the purposes of the current GRA. This can be reconsidered for NS Power's next depreciation study, should the 2025/26 IRP determine that decommissioning of Mersey is the preferred option. [163] The Tusket system has a total ca...

AI summary The Nova Scotia Utility and Review Board (NSUARB) excludes decommissioning costs for Wreck Cove, Mersey, and Tusket hydro systems from current depreciation rates, pending future Integrated Resource Plan (IRP) findings. The decision applies to 2026-2027 test years, with reconsideration possible if the 2025/26 IRP favors Mersey decommissioning. The Tusket system's small size and potential replacement with renewables support the exclusion, while NS Power plans to seek approval for Tusket refurbishment.

3.4.1.3.2 Adjustments to Net Salvage Rates p. p. 81
nt agreement itself, there is nothing in the current evidentiary record before the Board to provide support to exclude inflation costs beyond 2024 from generation Plant decommissioning cost estimates. [176] The Board also has other concern...

AI summary The document highlights concerns about the settlement agreement adjustments to net salvage rates for NS Power's production Plant assets, noting a significant reserve deficiency. This deficiency implies that depreciation rates have been too low, leading to potential future rate increases and intergenerational inequity.

3.4.2.1 Findings p. p. 98
s the composite remaining life for Nova Scotia Power. So fundamentally the analysis is not a Nova Scotia Power focused analysis and is providing a result that makes that is, in my mind, misleading. The final point that I would make before...

AI summary The analysis of the ALG and ELG procedures for Nova Scotia Power is criticized for being misleading and not focused on the company. The ALG procedure would recover more revenue in the short term but is less favorable on a net present value basis by about $100 million. The analysis assumes a 2% growth rate and a 6.15% weighted average cost of capital, but no crossover point between the two procedures is expected by 2050.

3.4.3.1 Findings p. pp. 114-117
3.4.3.1 Findings [243] In Undertaking U-8, NS Power provided calculations showing the dollar effect of implementing the changes recommended in Table 8 of Mr. Madsen's evidence. NS Power performed the analysis using both the ALG and ELG dep...

AI summary NS Power provided calculations showing the financial impact of implementing Mr. Madsen's recommended average service life changes, showing reductions in depreciation expenses under both ALG and ELG procedures. These changes would lower average rate increases for customers, though partially offset by increased return on rate base. The Board must determine if Mr. Madsen's recommendations are warranted.

hearing testimony: p. p. 117
e installed but did not know when the related retirements occurred. Then, based on the addition and retirement pattern, simulation was used to place a reasonable age on the retirements that did occur. [251] In general, the Board agrees wit...

AI summary The Board acknowledges NS Power's position on depreciation rates requiring professional judgment but finds Mr. Madsen's evidence on asset service lives more compelling, noting NS Power's service lives are lower than peers. However, the Board will not mandate changes due to securitization uncertainties, which could risk NS Power's credit rating and increase ratepayer costs.

3.4.6 Depreciation – Summary p. pp. 128-133
t salvage rates for Plant accounts not subject to settlement agreement adjustments and for the three transmission and distribution Plant accounts which are subject to settlement agreement adjustments. [271] The Board has intergenerational...

AI summary The Board approves settlement agreement adjustments to net salvage rates for NS Power's production plant accounts despite intergenerational equity concerns and uncertainty about decommissioning costs, particularly for hydro assets. The decision is based on unresolved questions about future decommissioning scenarios, with a directive for NS Power to address these issues in the next GRA.

3.5.1.1 Background p. p. 133
of this mechanism being proposed by an investor-owned regulated utility in Canada. A form of securitization was applied in Ontario a few years ago for Ontario Power Generation, a Crown-owned utility. [287] A successful securitization shoul...

AI summary The text discusses securitization as a potential cost-saving mechanism for ratepayers, contrasting the current weighted average cost of capital (6.65%) with projected bond issuance rates (5%). It notes NS Power's historical reluctance to adopt securitization, despite previous regulatory encouragement and its use in addressing FAM balances and coal plant retirement costs. The Board and intervenors have urged NS Power to explore this option.

3.5.1.2 Present Application p. p. 137
oncrete steps to solve problems at NSPI – such as the securitization of the stranded FAM balances – was rewarded by the markets with lower yields on NSPI bonds. [Emphasis added] [Exhibit N-36, p. 18] [299] Morrison Park confirmed that secu...

AI summary The document discusses NSPI's securitization of stranded FAM balances, arguing it reduces business risk and improves credit metrics. Morrison Park highlights that failing to secure rate increases or securitize could miss the 10% FFO:Debt target, risking credit downgrades. Emrydia supports securitization but urges a full review of cost recovery periods.

3.5.1.2.1 Findings p. p. 148
322] As noted above, the approval of the potential securitization is not before the Board in this application. Whether securitization ultimately proceeds is a policy matter for the Province to decide. [323] NS Power requested the deferral...

AI summary The Board approves the securitization deferral account requested by NS Power, noting that depreciation and financing costs relate to assets under the Decarbonization Deferral Account (DDA). The Province opposes immediate securitization due to asset valuation concerns but supports the deferral. NS Power's request was motivated by potential customer benefits from early securitization, which the Board finds justifiable.

3.5.1.4 PHP Deferral p. p. 155
3.5.1.4 PHP Deferral [335] PHP currently takes service from NS Power under the Extra Large Industrial Active Demand Control (ELIADC) tariff, which is a Below-the-Line (BTL) tariff. The costof-service study supporting this general rate appl...

AI summary PHP was initially under the ELIADC (BTL) tariff, but NS Power's GRA assumed an ATL tariff for 2026-2027. The Board extended ELIADC until 2026 but required a successor ATL tariff (ELID) by 2025. NS Power applied for ELID, expecting PHP to switch by 2027, with ADC services and interruptible credits included in the new tariff.

3.5.1.4.1 Findings p. pp. 155-160
3.5.1.4.1 Findings [349] NS Power requests a PHP Deferral account to track any variances in revenue between that which would occur based on the assumptions in the GRA cost-ofservice study treating PHP as an ATL customer versus that which r...

AI summary NS Power requests the creation of a PHP Deferral Account to track revenue variances between assumptions in the GRA cost-of-service study and the eventual ELID tariff. The Board finds it appropriate to approve the deferral account, which will account for revenue variances arising from differences in the PHP tariff, its unavailability, or unsatisfactory outcomes of the PHP ADC and tariff processes.

3.5.1.5 GRA Deferral p. pp. 160-162
3.5.1.5 GRA Deferral [354] In its general rate application, NS Power asks for a deferral of its GRArelated costs of the present matter and to collect those costs in rates on a straight-line basis over the two-year test period. Such costs i...

AI summary NS Power is requesting to defer GRA-related costs, including those for the company, consumer advocates, the Board, and expert consultants, and recover them over a two-year test period. The amount was reduced from $4.0 million to $2.0 million via a settlement agreement. The deferral aligns with the Board's prior approval in the 2023-2024 GRA Decision and the recovery of costs from the Cost-of-Service Study and Line Loss Study.

3.5.1.5.1 Findings p. p. 163
he deferral of operating costs, which were canvassed by the Nova Scotia Regulatory and Appeals Board in Halifax Regional Water Commission 2026-2027 General Rate Application , 2025 NSRAB 142 (M12257):

AI summary The document references the deferral of operating costs discussed in the Nova Scotia Regulatory and Appeals Board's decision on the Halifax Regional Water Commission's 2026-2027 General Rate Application (M12257), highlighting regulatory considerations around cost deferral mechanisms.

3.6.1.1 Findings p. pp. 166-167
3.6.1.1 Findings [367] NS Power's estimated capital investment for the GRA test period amounts to $671.3 million in 2026 and $556.1 million in 2027. The capital additions to rate base for the test period have generally been approved by the...

AI summary NS Power's capital investment forecasts for 2026 and 2027 are reviewed, with most projects approved by the Board. Discrepancies between GRA and ACE Plan projects are attributed to timing and asset management updates. The Board finds the total forecast spending reasonable, noting NS Power will align its capital program with the GRA forecast.

Duty of utility to furnish information p. p. 171
irement dates". The parties agreed to resolve these matters in a "black box" settlement agreement to lower rates for customers in the next general rate application and this was approved by the NSUARB. [388] The approved depreciation rates...

AI summary NS Power's depreciation rates were implemented in 2013-2014, with no subsequent rate application until 2022. NS Power cited changes in federal and provincial environmental policies, including Equivalency Agreements (2015-2020) that delayed coal plant retirement until late 2021. In its 2023-2024 rate application, NS Power addressed coal asset depreciation and decommissioning costs.

3.6.3.1 Findings p. pp. 171-177
3.6.3.1 Findings [394] A utility is entitled to the opportunity to recover its prudently incurred costs in providing service and an opportunity to earn a reasonable profit – no more and no less. While the Board can disallow costs found to...

AI summary The Board affirms utilities' right to recover prudently incurred costs and earn reasonable profits, emphasizing that customers must bear legitimate costs. Investors require fair returns to fund infrastructure, and the Board cannot disallow costs to lower rates. This aligns with prior NSUARB decisions on rate applications.

[397] In essence: p. p. 177
[397] In essence: A public utility is obligated to provide services that are reasonably safe and adequate and is entitled to compensation therefor by the charging of rates that are not unjustly discriminatory and will provide the public ut...

AI summary Public utilities must provide safe, adequate services and earn fair rates to cover expenses and capital needs. The Supreme Court of Canada defined a fair return as equivalent to returns on alternative investments, emphasizing that low returns risk deterring investment, harming credit ratings, increasing borrowing costs, and limiting market access.

3.6.3.1.1 The Value of the Rate Base p. pp. 177-178
3.6.3.1.1 The Value of the Rate Base [399] The "value" of NS Power's rate base, as framed in the Department's submissions, is based on an historic concept that has been displaced by the widely accepted prudent original cost method for valu...

AI summary The document argues that Nova Scotia Power's rate base valuation should use the prudent original cost method, as mandated by the Public Utilities Act since 1943, rather than the Department's outdated approach. Two expert witnesses supported this method, and the Department failed to provide evidence or cross-examine them. Bonbright's 1988 work is cited as historical context.

Cost Allocation Concept p. p. 178
and expense reports. A further complication, of course, is that major technological improvements tend to make questionable any year-to-year measure of depreciation that is determined by this process. In the cost allocation concept, the ori...

AI summary The cost allocation concept treats asset original costs as prepaid expenses, allocating depreciation to accounting periods based on service provision. This method aligns with accounting principles by matching expenses to revenues and ensures verifiability. NARUC (1996) endorses this approach for regulatory depreciation calculations in cost-reflective tariff settings.

3.6.3.1.2 Assets No Longer "Used and Useful" and the Decarbonization Deferral Account p. pp. 178-187
3.6.3.1.2 Assets No Longer "Used and Useful" and the Decarbonization Deferral Account [419] Referring to "core ideas" from the UAD line of cases and their relevance to Nova Scotia, the Department submitted, "Once an asset is no longer used...

AI summary The Department argues that assets no longer 'used and useful' can be removed from rate base, with losses borne by shareholders. NS Power cites the Alberta Court of Appeal's 2023 decision in ATCO Electric Ltd. v Alberta Utilities Commission , which rejected binding precedent on stranded assets from natural disasters. The Court emphasized that legislation did not limit the AUC's discretion over depreciation or stranded assets, challenging prior assumptions.

Summary and Conclusion p. p. 187
within the discretion of the Commission, to be exercised consistently with the words of the Electric Utilities Act , having regard to all relevant considerations, while disregarding irrelevant ones. - [61] In conclusion, the decision under...

AI summary The text discusses judicial review of rate-setting decisions, emphasizing the Commission's discretion under the Electric Utilities Act and Public Utilities Act . It highlights errors in the original decision regarding asset recovery, leading to a redetermination by the AUC allowing recovery of destroyed assets' net book value. The Alberta Court of Appeal's ruling aligns with the NSUARB's approach to asset valuation.

[431] The Board went on to find: p. p. 191
etiring coal assets to be recovered from customers that are higher than they should have been. The second, is that NS Power unnecessarily invested in these assets in the face of impending retirements. [433] As discussed previously in this...

AI summary The Board critiques NS Power for overestimating coal asset retirement costs and unnecessary investments. It references a 2010 depreciation study settlement (M03665) that lowered rates, later implemented in 2011. NS Power's 2022 rate application omitted updated depreciation studies but proposed the DDA to address coal plant closures. Subsequent DDA proceedings saw no claims to reduce costs due to imprudent depreciation rates.

3.7 Return on Equity and Capital Structure p. p. 196
3.7 Return on Equity and Capital Structure [440] NS Power's existing rates are set based on a current capital structure that includes 40% equity and 60% debt, with an approved return on equity of 9%. Under the current framework, NS Power m...

AI summary NS Power's current rates are based on a 40% equity, 60% debt structure with a 9% ROE cap of 9.25%. They propose maintaining a 9% ROE range (8.75%-9.25%) and the same debt-to-equity ratio for rate-setting.

3.7.1 The Fair Return Requirement p. pp. 196-197
3.7.1 The Fair Return Requirement [442] NS Power operates as a natural monopoly in Nova Scotia, where the absence of meaningful competition means the competitive forces of the market do not apply. Section 45 of the Public Utilities Act ent...

AI summary NS Power, a natural monopoly in Nova Scotia, requires a fair return on its rate base to ensure financial stability and attract investment. The Board must set parameters for returns to maintain investor confidence, prevent rising borrowing costs, and avoid loss of debt market access, which could increase customer costs. Legal standards for approving returns are rooted in the Public Utilities Act.

3.7.2.1 Return on Equity p. pp. 197-201
3.7.2.1 Return on Equity [453] Determining a fair return on equity generally entails the use of several wellestablished financial models. These include, but are not limited to, the discounted cash flow (DCF) model; the capital asset pricin...

AI summary The document discusses methodologies for determining a fair return on equity (ROE) for Nova Scotia Power (NSP), including DCF, CAPM, and risk premium models. A consensus agreement sets NSP's ROE at 9% with an 8.75%-9.25% earnings band and retains a 40% equity thickness. Concentric Energy Advisors' analysis, using market data up to February 2025, supports these figures.

3.7.4 Party Submissions p. pp. 215-216
3.7.4 Party Submissions [503] The Affordable Energy Coalition's (AEC) opening statement submitted that the Board must ensure rates are sufficient to cover NS Power's cost-of-service, while preventing the recovery of excess spending and pro...

AI summary The Affordable Energy Coalition (AEC) argues that Nova Scotia Power's (NS Power) rates must cover costs without allowing excess profits, citing low-income affordability concerns and suggesting a reduced return on equity (ROE) of 7.6%. NS Power defends its current ROE and capital structure, citing Concentric's evidence, to balance affordability and investment needs.

3.7.5 Findings p. p. 219
sked the NSUARB to conduct an independent review of the utility's state of preparedness before the storm. Many questioned why a rate increase should be considered in the circumstances. The Board said: - [14] Just prior to November 15, 2004...

AI summary The NSUARB was requested to review Nova Scotia Power Inc.'s preparedness for a 2004 storm that caused power outages. The public hearing was delayed due to the outages, and Premier John Hamm urged the Board to conduct an independent review under the Public Utilities Act to assess restoration program improvements.

3.7.5.1 Return on Equity p. p. 221
o, it has departed from what was proposed. But as noted, the evidence does not otherwise point to a better placement for the return on equity within the high and low points set by the expert evidence. [552] The parties to the settlement ag...

AI summary The Board considers a settlement agreement recommending NS Power's current 9% return on equity (ROE) and 40% equity ratio, acknowledging trade-offs while noting the agreement's alignment with expert evidence. Dr. Cleary supports the settlement but emphasizes market-based ROE recommendations. The agreement involves sophisticated parties representing NS Power's rate classes.

3.8 Cost of Service Study p. pp. 235-236
3.8 Cost of Service Study [561] Under the PUA , a utility is afforded the opportunity to recover its "reasonable and prudent" costs of providing service and a "just and reasonable" return on its rate base. The total amount of these costs a...

AI summary The section outlines the regulatory framework under the Public Utilities Act (PUA) for cost recovery and rate setting, emphasizing 'reasonable and prudent' cost recovery and 'just and reasonable' returns. It references the Nova Scotia Court of Appeal's decision in Dalhousie Legal Aid Service v Nova Scotia Power Inc. , which prohibits rate discrimination based on customer ability to pay, and highlights factors for grouping customers into classes.

[578] NS Power's proposed methodologies are listed in Table 2 in Elenchus' report: p. p. 236
[578] NS Power's proposed methodologies are listed in Table 2 in Elenchus' report: Status Quo Change Generation Allocation except for treatment of purchased power No initial classification to energy for environmental and fuel conversion re...

AI summary NS Power's proposed methodologies for allocation and classification of generation, transmission, and distribution costs are outlined in Table 2. Key changes include refunctionalization of radial-to-generation, new storage sub-functions, and the direct assignment of DSM costs without system benefit allocation.

Fuel Adjustment Mechanism Related Cost Sub-Functionalization p. p. 236
Fuel Adjustment Mechanism Related Cost Sub-Functionalization Fuel adjustment mechanism related purchases that provide firm capacity will be classified between energy and demand based on the system load factor, while purchases that provide...

AI summary Fuel Adjustment Mechanism (FAM) purchases are classified between energy and demand based on system load factor. Firm capacity purchases are split accordingly, while non-firm imports are fully classified as energy. This aligns with generation asset treatment and recognizes non-firm agreements provide only energy.

Classification of Transmission Costs 100% to Demand p. p. 236
Classification of Transmission Costs 100% to Demand NS Power currently uses the system load factor to classify transmission rate base and costs to energy and demand. To reflect anticipated need for increased investment in the transmission...

AI summary NS Power proposes classifying 100% of transmission costs to demand, citing increased transmission investment needs, reduced coal reliance in Cape Breton, higher wind generation, and a shift from radial to network system design. Current classification uses system load factor for energy and demand.

Changes to Open Access Transmission Tarriff to Align Bundled and Unbundled Service p. p. 236
Changes to Open Access Transmission Tarriff to Align Bundled and Unbundled Service NS Power said methodological differences in how rates are set for transmission service in the unbundled market under the Open Access Transmission Tariff (OA...

AI summary NS Power identifies discrepancies in transmission rate methodologies between the OATT and bundled service cost-of-service studies, proposing alignment through equal revenue requirements, full demand cost classification, and forecasted usage application.

Demand Side Management Rider p. p. 236
Demand Side Management Rider Demand side management costs are currently allocated as 75% to the cost of programs undertaken for the rate class and 25% to the system benefit of the programs. NS Power is proposing to remove the allocation to...

AI summary NS Power proposes to reallocate 100% of demand side management (DSM) program costs to the benefiting rate class, eliminating the current 25% allocation to system benefits. This change aims to shift cost responsibility entirely to the classes directly benefiting from DSM initiatives.

Treatment of Port Hawkesbury Paper as an Above-the-Line Customer p. p. 236
Treatment of Port Hawkesbury Paper as an Above-the-Line Customer Port Hawkesbury Paper is currently served under a below-the-line rate with a term ending on December 31, 2026 (2025 NSEB 16). In the cost-ofservice studies for 2026 and 2027,...

AI summary Port Hawkesbury Paper (PHP) is currently under a below-the-line rate until 2026 but is modeled as an above-the-line customer in 2026/2027 cost-of-service studies. The load profile includes 8 MW firm load at three coincident peaks, 65 MW total load, and energy adjusted for projected wind farm supply from PHP's Goose Harbour Lake Wind Farm.

Decarbonization Deferral Account p. p. 236
Decarbonization Deferral Account NS Power considers its approved decarbonization deferral account to be a rate stabilization tool and proposes that it be classified and allocated in the same manner as other rate stabilization tools. [580]...

AI summary NS Power proposes classifying its approved Decarbonization Deferral Account as a rate stabilization tool. The proposed changes to cost-of-service methodologies negatively impact residential customers, increasing their costs by approximately $26 million in 2026 and $25.3 million in 2027.

[581] The parties to the settlement agreement included the following terms relating to cost-of-service methodology used to determine rates for 2026 and 2027: p. p. 236
[581] The parties to the settlement agreement included the following terms relating to cost-of-service methodology used to determine rates for 2026 and 2027: Cost of Service ("COS") a) The COS as set out in the Draft GRA will be included i...

AI summary The settlement agreement outlines terms related to the cost-of-service methodology for determining rates in 2026 and 2027. It specifies that the Draft GRA will be included in the 2026-2027 GRA and subject to future proceedings, including data collection on PHP's use of the High Voltage transmission system and apportionment of assessment costs from the Maritime Link.

Q. Considering the consensus agreement in this GRA, what do you recommend regarding the Company's COSS methods? p. p. 236
Q. Considering the consensus agreement in this GRA, what do you recommend regarding the Company's COSS methods? A. While I do not support several of the Company's COSS methodologies, particularly the use of the minimum system method for cl...

AI summary The respondent acknowledges a settlement agreement in the GRA but opposes certain COSS methods, advocating for their revision in future proceedings. Renewall Energy Inc. raised concerns about inconsistencies between NS Power's COSS methodologies and OATT charges.

3.8.1 Findings p. pp. 236-246
3.8.1 Findings [584] For the purposes of setting rates in this proceeding, the Board accepts the proposed cost-of-service changes and the cost-of-service studies presented in this proceeding, except NS Power is directed to implement a load...

AI summary The Board accepts NS Power's cost-of-service studies but requires adjustments, including a load carrying capability adjustment. NS Power must address concerns from Ms. Palmer and Renewall, particularly regarding distribution cost allocation and OATT tariff issues. These adjustments are to be addressed in future applications.

3.8.2 Minimum System v. Basic Customer Methods p. pp. 246-247
3.8.2 Minimum System v. Basic Customer Methods [586] NS Power's cost-of-service study classifies portions of its distribution system as customer-related using the minimum system method. Under this approach, a minimum system study estimates...

AI summary NS Power's cost-of-service study classifies distribution system costs using the minimum system method, deeming costs of a hypothetical minimum system as customer-related. The Board considers evidence supporting this approach as standard in Canada, with references to general rate applications and prior studies.

Section 399 p. p. 247
eed to bring electric service to geographically dispersed customer locations." Thus, there is little justification for classifying costs in these accounts as customer-related. [Exhibit N-37, pp. 6-7] [591] Ms. Palmer said the number of pol...

AI summary Ms. Palmer argues that the minimum system method overstates customer-related distribution costs and recommends using the basic customer method instead. NS Power analyzed the impact of this method and found it would shift approximately $30 million in costs from the residential class to other rate classes.

[605] In its submissions, the Consumer Advocate noted: p. p. 247
[605] In its submissions, the Consumer Advocate noted: The Consumer Advocate shares Ms. Palmer's concerns regarding the Minimum System Method, and through the Settlement Agreement, and resulting GRA, NS Power has agreed that the use of the...

AI summary The Consumer Advocate supports a separate proceeding for the Minimum System Method, while the NDP and Liberal Caucuses advocate for the basic customer method to fairly allocate distribution costs. NS Power defends using the COSS for cost allocation.

3.8.2.1 Findings p. pp. 247-256
3.8.2.1 Findings [608] Under a cost-of-service model, the objective is to fairly allocate costs to customers based on cost causation. This has been a chronically difficult thing to do for distribution system costs. It would be inappropriat...

AI summary The Nova Scotia Utility and Review Board (Board) finds that neither the basic customer method nor the minimum system method adequately allocates distribution system costs under a cost-of-service model. The Board criticizes NS Power for not addressing this issue in the settlement agreement and requires further information. The matter will be revisited in a future proceeding due to unresolved concerns about cost causation and stakeholder input.

3.8.3.1 Findings p. pp. 258-259
3.8.3.1 Findings [616] As with the discussion about the use of the minimum system method or the basic customer method, the Board finds that a more satisfactory resolution of this issue would result from a broader debate about this issue. T...

AI summary The Board emphasizes the need for a comprehensive analysis of distribution system cost classification, beyond jurisdictional scans. Key issues include how customer classes use the primary distribution system, residential service at primary voltages, and system demand relative to peak capacity. The Board directs these matters to be addressed in the engagement process.

3.8.4 Peak Load Carrying Capability Adjustment p. pp. 259-260
3.8.4 Peak Load Carrying Capability Adjustment [617] Ms. Palmer also recommended that a peak load carrying capability adjustment be applied to account for the demand component served by the minimum system, if the basic customer method is n...

AI summary Ms. Palmer recommends applying a peak load carrying capability adjustment to account for the minimum system's load-carrying capacity, citing examples from Ontario, Excel Energy, and National Grid. NS Power agrees with the theoretical capability of the minimum system. A 1.5 kW/customer adjustment is suggested for infrastructure costs classified via the minimum system study.

Proposed COSS Methodology Modified COSS Methodology as per U-6 Variance p. p. 260
Proposed COSS Methodology Modified COSS Methodology as per U-6 Variance Smoo othed Sm oothed Smoo thed Customer Class 2026 2027 2026 2027 2026 2027 Domestic 3.8 4.1 3.2 3.7 (0.6) (0.4) Small General 3.6 3.9 3.4 3.8 (0.2) (0.1) General (0.2...

AI summary The table compares proposed and modified Cost-of-Service Study (COSS) methodologies under Undertaking 6 (U-6), showing variances in cost allocations across customer classes (e.g., Domestic, Large Industrial). The data highlights differences between 2026 and 2027 projections, with significant variations in cost estimates for specific classes. The exhibit (N-77) is referenced as part of the regulatory proceeding.

3.8.4.1 Findings p. pp. 260-263
3.8.4.1 Findings [624] Notwithstanding the settlement agreement, the Board finds that it is appropriate to direct NS Power to implement a load carrying capability adjustment in this proceeding. Unlike the evidence relating to the use of th...

AI summary The Board directs NS Power to implement a 0.4 kW/customer load-carrying capability adjustment, rejecting Excel Energy's 1.5 kW figure as inappropriate. The adjustment must be addressed now, not deferred, and NS Power must conduct further analysis before customer engagement. The decision emphasizes independent evaluation of load-carrying capability, separate from rate impacts.

3.8.5 Other Cost-of-Service Issues Raised by Synapse p. p. 264
e only outstanding issue that would be addressed in the future proceeding noted in the agreement was the use of the minimum system method beyond the test years in the current general rate application: - Q. So N-37, page 20 in the PDF, line...

AI summary The discussion focuses on future considerations of Cost-of-Service Study methods beyond the current General Rate Application, specifically the Minimum System method. Nova Scotia Power expects a standalone application in 2026, with parties not bound by prior positions, though avoiding redundant processes is anticipated.

[634] NS Power submitted: p. p. 267
[634] NS Power submitted: NS Power applied the approved OATT and COS methodologies, as amended in the Settlement Agreement, to determine the proposed bundled and OATT charges. The transmission costs are allocated to the bundled rate classe...

AI summary NS Power applied OATT and COS methodologies to allocate transmission costs using 3CP and 12CP approaches. Renewall Energy Inc. raised concerns about a discrepancy in coincident factors (78.6% vs. 91.66%) affecting network service charges. NS Power clarified the factors served different purposes and were not directly used in rate calculations.

3.8.6.1 Findings p. pp. 267-269
3.8.6.1 Findings [640] Because these technical issues were only raised in closing submissions, the Board has a poor record before it to make an informed decision on these points. As a result, the Board accepts the relevant calculations inc...

AI summary The Board accepts NS Power's calculations from the settlement agreement but questions the outdated methodology for OATT rates. Renewall emphasizes the need for competitive electricity markets, while the Board directs NS Power to address these concerns in future applications. The transmission tariff transition to IESO Nova Scotia by 2027 is noted, with the Board highlighting issues around confidential information disclosure in Excel files.

3.9 Rate Design p. pp. 269-271
3.9 Rate Design [644] In its application, NS Power did not propose to introduce new concepts or materially change the design of any of its rates. The parties to the settlement agreement accepted the changes to tariff language and the updat...

AI summary NS Power did not propose new rate concepts or major changes. Settlement parties accepted tariff updates and charges. The Board approved these items without further issues.

3.9.1 Innovation p. p. 271
3.9.1 Innovation [645] In NSEB IR-132, NS Power was asked to describe any work it has done to develop new or innovative rate designs to leverage more granular data from Advanced Metering Infrastructure (AMI) meters, promote efficient use o...

AI summary In response to NSEB IR-132, NS Power outlined initiatives to innovate rate designs using AMI data, including TVP programs, customer energy management systems, and collaborations with EfficiencyOne and Port Hawkesbury Paper. These efforts aim to improve resource efficiency and adapt to decarbonization and market changes.

3.9.1.1 Findings p. pp. 271-272
3.9.1.1 Findings [647] The Board accepts that NS Power is engaged in appropriate activities relating to the development of new rate designs. However, the Board believes that more can be done and encourages NS Power to do so. For example, w...

AI summary The Board acknowledges NS Power's efforts in developing new rate designs but emphasizes the need for improvement, citing limited rate options, outdated systems, and the impact of a recent cyber attack. The TVP program's suspension due to data access issues is highlighted, alongside Bonbright's criteria for effective rate structures promoting innovation and efficiency.

3.9.2 Residential and Small General Customer Charges p. pp. 272-273
3.9.2 Residential and Small General Customer Charges [649] In its last general rate application, NS Power proposed to increase customer charges for the domestic service and small general customer classes to align those charges with costs u...

AI summary NS Power proposed increasing customer charges for residential and small general customer classes to align with costs from its cost-of-service study. Other parties raised concerns, leading to a settlement where charges were set at 75% of the proposed amounts. In the current proceeding, NS Power suggests increasing these charges in line with smoothed non-fuel cost revenue increases for these classes.

Document: 328719 p. p. 273
Document: 328719 Ι Domestic Service Tariff Capped Customer Charge COSS-based Customer charge Variance Percent Variance 2026 Standard Rate Customer Charge ($/month) $20.24 $29.32 $9.07 45% Energy Charge (cents/kWh) 18.349 17.306 (1.043) -6%...

AI summary The document presents a comparison of customer charges and energy charges under different tariff structures (Capped and COSS-based) for the years 2026 and 2027, highlighting variances in both dollar amounts and percentages for Domestic Service Tariff and Small General Tariff.

3.9.2.1 Findings p. pp. 273-275
3.9.2.1 Findings [652] The Board accepts that there may be legitimate arguments for not setting customer charges for these classes directly from the cost-of-service study. However, given the potential impacts that the setting of customer a...

AI summary The Board acknowledges potential issues with setting customer charges directly from cost-of-service studies, emphasizing concerns about intra-class cost shifting, efficiency, and demand response. It directs NS Power to address this in future rate applications and references a method from an Ontario Energy Board discussion paper for setting fixed monthly customer charges.

3.10.1 OATT p. p. 276
3.10.1 OATT [654] NS Power's Open Access Transmission Tariff (OATT) includes terms, conditions and rates for Transmission Services and Ancillary Services. It also includes operating agreements under which service will be provided, and the...

AI summary NS Power updated its Open Access Transmission Tariff (OATT) to reflect changes in revenue requirements and system usage since 2016, proposing methodology changes based on 2024 Cost-of-Service studies and forecasted usage. Amendments aim to align OATT rates with bundled service rates and revise reactive power calculations. The 2023-2024 GRA (M10431) provided directives on OATT and capacity-based ancillary services.

3.10.1.1 Findings p. pp. 276-280
3.10.1.1 Findings [668] As noted above, OATT rates have been updated to reflect changes in the generation and transmission asset mix and costs, and changes in system usage since the last update in the 2023-2024 GRA. NS Power also amended t...

AI summary NS Power updated OATT rates to reflect changes in generation and transmission assets, costs, and system usage since the 2023-2024 GRA. Amendments were made based on consultation in the 2024 Cost of Service proceeding and addressed the Board's directives from M10431. The Board approved the proposed OATT amendments.

3.10.3 Revised Fees and Regulations p. pp. 284-286
3.10.3 Revised Fees and Regulations [685] In its application, NS Power proposed revisions to its Schedule of Charges, such as for connection, reconnection, returned cheques, installation of recording equipment, contribution for three-phase...

AI summary NS Power proposed revisions to its Schedule of Charges, including connection, reconnection, and pole attachment fees, among others. The Board approved these revisions, contingent on prior findings regarding the AMI opt-out fee.

4.1 Demand Side Management Cost Recovery Rider p. p. 286
4.1 Demand Side Management Cost Recovery Rider [686] In this GRA, NS Power proposed changes to the methodology for calculating the Balance Adjustment (BA) but did not propose changes to the Demand Side Management (DSM) rider amounts for 20...

AI summary NS Power proposed changes to the Balance Adjustment (BA) methodology without altering DSM rider amounts for 2026/2027. It filed a DCRR application (M12521) for 2026 DSM expenses, with the Board approving continuation of 2025 DCRR charges until further order. The 2026 DSM expenditure was set at $63.75M by legislation, with assumptions extended to 2027. NS Power argued that extending end-of-term variance recovery periods would reduce rate volatility and align with new five-year DSM planning terms.

4.1.1 Findings p. pp. 286-289
4.1.1 Findings [693] The Board's Interim Order in Matter M12521 approved continuation of the 2025 DCRR charges commencing January 1, 2026, until further order of the Board in that matter, or as part of NS Power's GRA. In this current matte...

AI summary The Board's Interim Order in Matter M12521 continues 2025 DCRR charges until 2026, with final approval for 2026 rider amounts pending. NS Power proposes changes to the Balance Adjustment (BA) calculation but not DSM rider amounts for 2026/2027. The Board approves amended DCRR tariff amendments to address end-of-term variances and improve DSM cost recovery by allowing E1 to reallocate expenditures between rate classes.

4.3 Climate Change Adaptation Plan p. pp. 291-292
4.3 Climate Change Adaptation Plan [702] The NSUARB, in its decision in NS Power's last general rate application, directed the utility to develop and file a climate change adaptation plan in consultation with interested parties: [339] The...

AI summary The NSUARB directed NS Power to develop a formal Climate Change Adaptation Plan by 2025, citing the need for structured climate resilience measures. The Board noted NS Power's existing steps but emphasized the need for a consultative, formalized plan to support storm cost recovery, enhance capital planning, and align with practices like Hydro-Québec's plan. Costs will be deferred for recovery post-next general rate application.

4.5 Rate Setting – Alternative Form of Regulation p. pp. 297-298
4.5 Rate Setting – Alternative Form of Regulation [723] In its closing submissions the Nova Scotia Liberal Caucus urged the Board to exercise its statutory authority to move Nova Scotia toward a five-year rate plan that delivers stability,...

AI summary The Nova Scotia Liberal Caucus advocates for a five-year rate plan under the Public Utilities Act, emphasizing stability and fairness. The 2024 amendment allows the Energy Board to approve alternative regulation methods, aligning with the Energy and Regulatory Boards Act's definition of 'alternative form of regulation.'

4.5.1 Findings p. pp. 298-299
4.5.1 Findings [726] While the Board appreciates the complexity and challenges, a transition to performance-based rates should be explored. Key goals in such a transition would be the development of more predictable rate setting processes,...

AI summary The Board acknowledges the complexity of transitioning to performance-based rates but emphasizes the need for more predictable rate-setting processes, reduced regulatory burden, and better alignment of utility incentives with customer interests. This transition is framed as a key goal for future consideration.

4.6 Implementation of New Rates (Cyber Incident Impact) p. pp. 299-300
4.6 Implementation of New Rates (Cyber Incident Impact) [727] At the hearing, NS Power said that it now has communication with roughly 400,000 of its customer meters and has targeted the end of March to have all meters (approximately 555,0...

AI summary NS Power discussed implementing new rates affected by a cyber incident, noting challenges in prorating rate changes due to extended meter reading intervals. It acknowledged potential for higher charges during colder periods but emphasized progress with AMI technology, though historical data storage is limited to 60-90 days.

4.6.1 Findings p. pp. 300-301
4.6.1 Findings [730] The Board is concerned that customers who have higher usage during the recent colder period of the year might end up paying more than the approved current rate for the electricity they are currently using because of th...

AI summary The Board is concerned that prorating electricity bills during a rate increase may unfairly burden customers with higher usage during colder periods, especially after a cyber attack prolonged meter reads. With AMI meters, precise energy usage tracking before and after rate changes should avoid prorating. The Board directs NS Power to justify prorating in its compliance filing or use AMI data to apply approved rates based on actual consumption timing.

5.0 SUMMARY OF MAJOR FINDINGS AND DIRECTIVES p. p. 302
ce captured under the FAM; - The EIFEL deferral, allowing NS Power to defer incremental tax expense of about $7 million if an exemption is not enacted by the Government of Canada as it has announced; - The inclusion of four Maritime Link t...

AI summary The Nova Scotia Utility and Review Board approved adjustments to Nova Scotia Power Inc.'s rate base, including Maritime Link transmission projects, revised Storm Cost Recovery Rider terms, OATT rate updates, and tariff language changes. Amendments to the General Rate Application and cost allocation among customer classes were also mandated.

6.0 COMPLIANCE FILING p. pp. 302-306
6.0 COMPLIANCE FILING [736] NS Power is to file a compliance filing based on the Board's findings in this decision. The compliance filing is to include, among other things: - A further reduction of $8 million in Operating, Maintenance and...

AI summary NS Power is required to file a compliance filing based on the Board's findings, including reductions in operating expenses, executive compensation, and fuel costs, as well as adjustments to the FAM POA and tariff. The Board approved the rates for 2026 and 2027, but emphasized the importance of timely filings to avoid confusion for customers.

101824Decision Letter re: New rates and regulations 2 passages
M12451 – Nova Scotia Power Inc. – 2026 General Rate Application (GRA) p. p. 0
M12451 – Nova Scotia Power Inc. – 2026 General Rate Application (GRA) The Board's March 25, 2026, decision in this matter approved NS Power's application, subject to certain changes and other directives. NS Power was directed to submit a c...

AI summary The Board approved NS Power's 2026 General Rate Application but raised concerns about the use of proration techniques in light of a recent cyberattack and the company's investment in AMI meters. NS Power submitted a compliance filing and responded to information requests from the Board.

15.1 Regulations 1.1, 5.1, 7.1 and 7.3 p. p. 0
15.1 Regulations 1.1, 5.1, 7.1 and 7.3 NS Power's updated request for an AMI opt-out fee is presented above in section 13.7. Such a change will require an update to Regulation 1.1 as provided in PR-03 Attachments 1a and 2a, Regulation 5.1...

AI summary NS Power is requesting updates to several regulations to include an AMI opt-out fee, with changes outlined in various attachments. The Board expressed concerns over the proposed opt-out fees and NS Power's self-reporting approach.

101825Board Order 49 passages
The Board orders that: p. p. 4
The Board orders that: - 1. The application is approved, except where inconsistent with the Board's findings and directions in its decision. - 2. A return on equity of 9.0% and an equity ratio of 40% are approved for rate setting purposes,...

AI summary The Board approves the application with specific conditions, including a 9.0% return on equity, a 40% equity ratio, and a securitization deferral for depreciation and financing costs related to coal plants and thermal assets starting May 1, 2026.

DOMESTIC SERVICE TARIFF Page 1 of 2 p. p. 4
DOMESTIC SERVICE TARIFF Page 1 of 2 Rate Codes 02, 03, 04

AI summary The document outlines the Domestic Service Tariff, specifically Rate Codes 02, 03, and 04. It provides information on the rates applicable to domestic service customers in Nova Scotia.

AVAILABILITY p. p. 4
AVAILABILITY This tariff is applicable to electric energy used by any customer in a private residence for the customer's own domestic or household use, including lighting, cooking, heating, or refrigeration purposes. Upon application to th...

AI summary The Domestic tariff applies to electric energy used in private residences for domestic purposes. It may also apply to outbuildings on residential property, depending on their primary use. If used for commercial purposes, the General or Industrial tariff applies instead.

PURPOSE p. p. 5
PURPOSE This is an optional tariff designed to promote the shifting of load from peak to off-peak periods. This tariff is available to customers who are eligible for service under the Domestic Service Tariff.

AI summary This optional tariff aims to encourage customers to shift their electricity usage from peak to off-peak periods. It is available to those eligible under the Domestic Service Tariff.

Section 23 p. p. 5
Effective December 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-6-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy Charge applies in all...

AI summary Effective December 1, 2025, Nova Scotia Power will implement an Interim Energy Charge as per the Nova Scotia Energy Board's decision on its Time-varying Pricing Tariffs. The Interim Charge applies during both winter and non-winter periods and is set to standard offer rates. Critical Peak Events will not be scheduled during this period, and NS Power must notify customers when system functionality is restored.

cents per kilowatt-hour p. pp. 5-6
cents per kilowatt-hour Interim Energy Charge During a Critical Peak Event Non-critical Peak Hours Effective upon the date of the Board's Order n/a 18.324 1 M12499 – Board Decision, 325286, page 5. October 28, 2025.

AI summary The document presents an interim energy charge structure, specifying a rate of 18.324 cents per kilowatt-hour for non-critical peak hours, with a separate rate during critical peak events. A reference is made to a Board Decision (M12499) dated October 28, 2025.

ENERGY CHARGE p. pp. 6-33
ENERGY CHARGE cents per kilowatt-hour During a Critical Peak Event Non-critical Peak Hours Effective November 1, 2026 182.067 15.411 Effective January 1, 2027 191.990 15.956 The Critical Peak Event is of a four-hour duration and can be cal...

AI summary The document outlines the energy charge rates for Critical Peak Events and non-critical peak hours, effective from November 1, 2026, and January 1, 2027. A Critical Peak Event is defined as a four-hour period during the Winter Period, between 6:00 AM and 11:00 PM, on any day of the week.

Preamble p. pp. 6-63
The Critical Peak Event pricing applies when a Critical Peak Event is called. In all other hours in the Winter Period, and for all hours in the Non-Winter Period, the rate shall be the Non-critical Peak Hours rate in the table above.

AI summary The text outlines the application of Critical Peak Event pricing, which is only applicable during a Critical Peak Event. Outside of these events, the Non-critical Peak Hours rate applies during the Winter and Non-Winter periods.

CRITICAL PEAK EVENT PROCEDURE p. pp. 6-28
CRITICAL PEAK EVENT PROCEDURE - (1) In the Winter Period, Critical Peak Events exclude all hours on the following holidays: January 1, Nova Scotia Heritage Day, Good Friday, Easter Monday, November 11, December 25 and December 26. If Janua...

AI summary The Critical Peak Event Procedure outlines how and when Critical Peak Events are scheduled during the Winter Period, excluding certain holidays and weekends. Customers are notified in advance, and a higher energy charge applies during these events to encourage reduced electricity usage.

PURPOSE p. pp. 9-33
PURPOSE This is an optional tariff designed to promote the shifting of load from peak to off-peak periods. This tariff is available to customers who are eligible for service under the Domestic Service Tariff.

AI summary This optional tariff aims to encourage customers to shift their electricity usage from peak to off-peak periods. It is available to those eligible under the Domestic Service Tariff.

Section 38 p. p. 9
Effective November 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-10-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy Charge applies in all...

AI summary Effective November 1, 2025, the Nova Scotia Energy Board's decision on NS Power's Time-varying Pricing (TVP) Tariffs (M12499) introduces an Interim Energy Charge during system functionality outages, with specific provisions for rate restoration based on when functionality is restored.

Section 66 p. p. 17
Effective December 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-18-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy Charge applies in all...

AI summary Effective December 1, 2025, the Nova Scotia Energy Board's decision on NS Power's 2025/26 Time-varying Pricing (TVP) Tariffs (M12499) outlines the application of an Interim Energy Charge, restrictions on Critical Peak Events, and procedures for notifying customers once system functionality is restored.

cents per kilowatt-hour p. pp. 17-18
cents per kilowatt-hour Interim Energy Charge During a Critical Peak Event For the first 200 kilowatt-hours per month For all additional kilowatt-hours Effective upon the date of the Board's Order n/a 18.919 17.112 1 M12499 – Board Decisio...

AI summary The document outlines an interim energy charge structure, with different rates during critical peak events and for varying levels of kilowatt-hour consumption. It references a Board Decision (M12499) dated October 28, 2025, which is effective upon the date of the Board's Order.

Rate Code 72 p. p. 18
Rate Code 72 cents per kilowatt-hour For the first 200 During a kilowatt-hours per Critical Peak month after Critical Event Peak Event usage For all additional kilowatt-hours Effective November 1, 2026 151.941 16.739 15.331 Effective Janua...

AI summary Rate Code 72 outlines a tiered pricing structure for electricity during Critical Peak Events, effective from November 2026 to January 2027. The rate increases significantly for the first 200 kilowatt-hours used during these events, with additional usage charged at a lower rate.

SMALL GENERAL CRITICAL PEAK PRICING TARIFF Page 4 of 4 p. pp. 20-21
SMALL GENERAL CRITICAL PEAK PRICING TARIFF Page 4 of 4 Rate Code 72 - (e) The customer cannot be taking seasonal service from NSPI under Regulation 3.3. - (f) The customer cannot be taking Net Metering service from NSPI under Regulation 3....

AI summary The Small General Critical Peak Pricing Tariff outlines eligibility criteria, specifying that customers cannot be on seasonal service or Net Metering service under specific regulations.

PURPOSE p. p. 21
PURPOSE This is an optional tariff designed to promote the shifting of load from peak to off-peak periods. This tariff is available to customers who are eligible for service under the Small General Tariff.

AI summary This optional tariff aims to encourage customers to shift their energy usage from peak to off-peak periods. It is available to those eligible under the Small General Tariff.

Section 81 p. pp. 21-22
Effective November 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-22-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy Charge applies in all...

AI summary Starting November 1, 2025, the Nova Scotia Energy Board's decision on NS Power's 2025/26 Time-varying Pricing (TVP) Tariff application introduces an Interim Energy Charge during system unavailability, modifies billing procedures for Small General Time of Use Tariff customers, and outlines rate restoration timelines contingent on system functionality restoration.

DEMAND CHARGE p. pp. 24-41
DEMAND CHARGE per month per kilowatt of maximum demand Effective upon the date of the Board's Order $9.809 Effective January 1, 2027 $10.697 32 cents per kilowatt reduction in demand charge where the transformer was owned by the customer p...

AI summary The document outlines the demand charge rates effective upon the Board's Order and on January 1, 2027. It also includes a reduction in demand charge for customers who own transformers predating February 1, 1974, or under Special Condition (2).

MAXIMUM PER KWH CHARGE/MINIMUM BILL p. pp. 24-25
MAXIMUM PER KWH CHARGE/MINIMUM BILL The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill shall not be less than the rates in the table below.

AI summary The document outlines the maximum charge per kWh based on a 10% billing load factor, with a stipulation that the minimum monthly bill cannot fall below specified rates listed in a table.

PURPOSE p. p. 26
PURPOSE This is an optional tariff designed to promote the shifting of load from peak to off-peak periods. This tariff is available to customers who are eligible for service under the General Tariff.

AI summary This optional tariff aims to encourage customers to shift their energy usage from peak to off-peak periods. It is available to customers eligible for service under the General Tariff.

DEMAND CHARGE p. pp. 26-30
DEMAND CHARGE per month per kilowatt of maximum demand Effective upon the date of the Board's Order $9.809 Effective January 1, 2027 $10.697 32 cents per kilowatt reduction in demand charge where the transformer was owned by the customer p...

AI summary The document outlines the demand charge rates effective from the date of the Board's Order and January 1, 2027, along with a reduction credit for customers with transformers owned prior to 1974 or under a specific special condition.

INTERIM ENERGY CHARGE p. pp. 26-31
INTERIM ENERGY CHARGE Effective December 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-27-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy...

AI summary The Interim Energy Charge, effective December 1, 2025, applies during both winter and non-winter periods and is set to standard offer rates until system functionality is restored. Critical Peak Events are suspended during this period, with specific provisions depending on when functionality is restored.

p. p. 27
1 M12499 – Board Decision, 325286, page 5. October 28, 2025. Interim Energy Charge During a Critical Peak Event For the first 200 kilowatt hours per month per maximum demand For all additional kilowatt-hours Effective upon the date of the...

AI summary The document outlines the interim energy charge rates during a Critical Peak Event, specifying different rates for the first 200 kilowatt-hours per month per maximum demand and for all additional kilowatt-hours, with effective dates in October 2025 and November 2026.

MAXIMUM PER KWH CHARGE/MINIMUM BILL p. p. 28
MAXIMUM PER KWH CHARGE/MINIMUM BILL The maximum charge per kWh, applying to that portion of the bill which is not concerned with determination of the cost of the Critical Peak Events, will be that for a billing load factor of 10% except th...

AI summary The document outlines the maximum charge per kWh, which applies to portions of the bill not related to Critical Peak Events. The charge is based on a billing load factor of 10%, with a specified minimum monthly bill.

The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill shall not be less than the following. p. p. 32
The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill shall not be less than the following. per month Effective upon the date of the Board's Order $22.00 Effective January 1, 2027 $22...

AI summary The document sets a maximum charge per kWh based on a billing load factor of 10%, with a minimum monthly bill of $22.00 upon the Board's Order and $22.73 effective January 1, 2027.

DEMAND CHARGE p. pp. 37-49
DEMAND CHARGE As follows, per month per kilovolt ampere of maximum demand of the current month or the maximum actual demand of the previous December, January, or February occurring in the previous eleven (11) months.

AI summary The demand charge is calculated monthly based on the maximum demand of the current month or the maximum actual demand from the previous December, January, or February within the last eleven months.

For customers connected at distribution level, the following charge also applies, subject to the same provisions as the Demand Charge section above. p. p. 43
For customers connected at distribution level, the following charge also applies, subject to the same provisions as the Demand Charge section above. per month Effective upon the date of the Board's Order $2.161 Effective January 1, 2027 $2...

AI summary The document outlines a charge applicable to customers connected at the distribution level, with specific rates effective from the Board's Order and January 1, 2027. It also mentions a reduction in demand charge for customers owning the transformer.

INTERRUPTIBLE RIDER TO THE LARGE INDUSTRIAL TARIFF (RATE CODE 25) p. p. 46
INTERRUPTIBLE RIDER TO THE LARGE INDUSTRIAL TARIFF (RATE CODE 25) Customers who qualify for interruptible service will receive a per month per kilovolt ampere reduction in demand charge for billed interruptible demand, as shown in the tabl...

AI summary The Interruptible Rider to the Large Industrial Tariff (Rate Code 25) provides a monthly reduction in demand charges for customers qualifying for interruptible service. The reduction is based on the difference between contracted firm demand and billing demand, with specific rules for calculating billed interruptible demand.

(c) Operating Only p. p. 54
(c) Operating Only kWh per per month ($) Rate Code Watts month 2026 2027 Other 301 125 52 9.98 10.60 302 175 69 13.24 14.06 303 250 97 18.62 19.77 304 400 154 29.56 31.38 305 700 260 49.90 52.98 306 1,000 363 69.67 73.97 (3) Fluorescent

AI summary The text presents a table outlining rate codes with corresponding wattage, kWh per month, and associated costs for the years 2026 and 2027. The table includes various rate codes and their respective pricing structures, likely related to electricity tariffs.

Section 208 p. p. 61
The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill for the electric power and energy portion of the Miscellaneous Lighting Rate shall be $ as follows per month if such unmetered se...

AI summary The text outlines a regulation regarding the maximum charge per kWh based on a billing load factor of 10%, with a specified minimum monthly bill for the electric power and energy portion of the Miscellaneous Lighting Rate when billed separately.

Maintenance Charge (if applicable) p. p. 62
Maintenance Charge (if applicable) Cost of normal fixture maintenance and bulb replacement on the basis of current cost levels shall be used to calculate the monthly maintenance charge. This portion of the rate does not include any provisi...

AI summary The maintenance charge covers the cost of normal fixture maintenance and bulb replacement based on current costs, excluding globe washing or cleaning. Vandalism-related repairs are the customer's responsibility.

(1) Base Cost of Fuel p. p. 64
(1) Base Cost of Fuel The Base Cost of Fuel can be re-set in a General Rate Application or, absent a General Rate Application, every second year as part of the FAM adjustment process. Changes in the Base Cost of Fuel will be reflected in c...

AI summary The Base Cost of Fuel can be reset through a General Rate Application or every second year via the FAM adjustment process. Adjustments to this cost will be reflected in customer rates and applied consistently across customer classes using the Board-approved Cost of Service Methodology.

2026 p. p. 66
2026 Effective upon the date of the Board's Order Rate Class Actual Adjustment (AA) in cents per kWh Balance Adjustment (BA 1) in cents per kWh Balance Adjustment (BA-2) in cents per kWh FAM AA/BA Combined in cents per kWh Domestic Service...

AI summary The document presents a table outlining various rate classes and their corresponding balance adjustments (BA) and fuel adjustment mechanism (FAM) values in cents per kWh, effective upon the date of the Board's Order and January 1, 2027.

Customer Obligations for Self-Supply and Third-Party Supply p. pp. 74-75
Customer Obligations for Self-Supply and Third-Party Supply The customer obligation for self-supply or third-party supply of Regulation is equal to 3.5 percent of Reserved Capacity for Point-to-Point Transmission Service and 3.5 percent of...

AI summary The document outlines customer obligations for self-supply and third-party supply under Nova Scotia's transmission services, specifying percentages of reserved capacity and network load for both Point-to-Point and Network Integration Transmission Services.

SCHEDULE 9: REAL POWER LOSS FACTORS p. pp. 84-87
SCHEDULE 9: REAL POWER LOSS FACTORS For Point-to-Point service, the Transmission Provider will seasonally calculate loss factors to be used on a path-by-path basis. For each season, winter and summer, the power flow models used to calculat...

AI summary Schedule 9 outlines the methodology for calculating real power loss factors for Point-to-Point and Network Service, including seasonal and annual loss factors, and the application of locational loss factors for new generation. It also describes the rate for Network Integration Transmission Service and the formula for transmission congestion charges.

3. SCOPE OF THE DISTRIBUTION TARIFF p. p. 92
3. SCOPE OF THE DISTRIBUTION TARIFF The Distribution Tariff is applicable to all RtR Customers connected to the Distribution System. This Distribution Tariff is not applicable to RtR Customers directly connected to the Transmission System...

AI summary The Distribution Tariff applies to all RtR Customers connected to the Distribution System, excluding those directly connected to the Transmission System, which must arrange access under the OATT. The tariff outlines terms and conditions for Distribution System Access and retail services.

7. NS POWER RESPONSIBILITIES p. p. 92
7. NS POWER RESPONSIBILITIES NS Power shall be responsible for: - (a) provision of Distribution System Access; - (b) processing RtR Customer Transaction Request Applications that are received from an LRS on behalf of the RtR Customer; - (c...

AI summary NS Power is responsible for distribution system access, processing customer transaction requests, providing billing data, and acting as a point of contact for RtR Customers. However, it is not responsible for supplying electricity or enforcing contracts between RtR Customers and LRS.

10.1 Provision and Ownership p. p. 94
10.1 Provision and Ownership NS Power will provide, install and seal all revenue class meters as necessary for application of this Distribution Tariff. The meters will be used for determining charges for Distribution System Access under th...

AI summary NS Power is responsible for providing, installing, and sealing revenue class meters for RtR Customers under the Distribution Tariff. These meters must meet regulatory requirements and remain NS Power's property. Interval meters with remote polling capabilities are required for all RtR Customers.

11.1 Application of Distribution Tariff Rates p. p. 95
11.1 Application of Distribution Tariff Rates The Distribution Tariff amounts payable by the RtR Customer will be calculated by NS Power using the RtR Customer's meter readings and the Distribution Tariff Rate Schedule applicable to the Rt...

AI summary The Distribution Tariff amounts payable by the RtR Customer are calculated based on meter readings and applicable rate schedules. If the customer's operational or consumption characteristics change, NS Power will adjust the tariff rate accordingly.

11.2 Billing p. p. 95
11.2 Billing Unless NS Power directs otherwise, the RtR Customer shall be invoiced by the LRS and will pay the LRS for any charges or fees, inclusive of all applicable taxes, owing by the RtR Customer to NS Power under this Distribution Ta...

AI summary The text outlines billing procedures for RtR Customers under the Distribution Tariff, specifying that they are invoiced by the LRS and must pay all applicable charges, including Demand Side Management Cost Recovery Charges and Storm Cost Recovery Charges, among others. The RtR Customer also agrees not to hold NS Power liable for billing actions taken by the LRS.

11.3 Real Power Losses p. pp. 95-96
11.3 Real Power Losses Distribution System Real Power Losses associated with Distribution System Access are incorporated in the Distribution Tariff rates applicable to each RtR Customer's rate class. The RtR Customer is responsible for the...

AI summary Real power losses in the distribution system are included in the distribution tariff rates for each RtR customer's rate class, and the RtR customer is responsible for these costs.

APPLICABILITY p. p. 111
APPLICABILITY This schedule applies to all electric rate classes with the exception of the Wholesale Market Non-Dispatchable Supplier Spill Tariff, the Load Retention Tariff, and the Extra Large Industrial Active Demand Control Tariff. For...

AI summary This schedule applies to most electric rate classes, excluding specific tariffs. For customers in the Wholesale or Renewable to Retail markets, costs related to electricity efficiency and conservation activities, as defined by the Public Utilities Act and approved by the Nova Scotia Energy Board, will be directly billed on the customer's energy bill as if served by Nova Scotia Power.

Applicable Tariff PCR (cents per kWh) BA (cents per kWh) DCRR (cents per p. pp. 112-113
Applicable Tariff PCR (cents per kWh) BA (cents per kWh) DCRR (cents per kWh) Domestic Service, Domestic Service Time-of-Day, Domestic Service Time-of-Use, Domestic Service Critical Peak Pricing 0.642 0.006 0.648 Small General, Small Gener...

AI summary The table outlines applicable tariffs, including PCR, BA, and DCRR rates for various service types. It also explains the calculation of BA2 following the 2023-2026 term, which will be applied over the 2027-2031 term.

1 The Approved DSM Term refers to the full DSM Plan period in effect (e.g. 2023-2026, 2027-2031). p. p. 113
1 The Approved DSM Term refers to the full DSM Plan period in effect (e.g. 2023-2026, 2027-2031). Applicable Tariff PCR (cents per kWh) BA (cents per kWh) DCRR (cents per kWh) General, General Time of Use, General Critical Peak Pricing, Mu...

AI summary The text defines the Approved DSM Term and presents a table showing various tariffs, PCR, BA, and DCRR values for different service categories. It provides details on the rates applicable to various customer classes and services.

Conditions p. pp. 114-116
Conditions Effective: January 1, 2026 - For bundled service customers, other than those who take service in the Wholesale Market (whether in whole or in part), this approach applies to classes as a whole (not to individual customers). - Fo...

AI summary The conditions outlined apply to bundled service customers, distinguishing between those in the Wholesale Market and others. The approach applies to classes as a whole for non-Wholesale Market customers and to individual customers for those in the Wholesale Market. It also applies to total Approved DSM costs.

1. The Actual Adjustment Component (AA) p. p. 120
1. The Actual Adjustment Component (AA) a. Established at a rate expected to recover the amount of the difference between the prior FAM year's actual fuel and purchased power costs and those recovered through the Base Cost of Fuel Componen...

AI summary The Actual Adjustment Component (AA) is established to recover the difference between the prior Fuel Adjustment Mechanism (FAM) year's actual fuel and purchased power costs and those recovered through the Base Cost of Fuel Component over a 12-month period.

2. The Balancing Adjustment Component (BA) p. p. 120
2. The Balancing Adjustment Component (BA) - a. The Balancing Adjustment Component will provide for a correction to ensure that over/under-recovery produced by the Actual Adjustment Component is tracked and refunded to or recovered from cu...

AI summary The Balancing Adjustment Component (BA) is designed to correct over/under-recovery from the Actual Adjustment Component and may include deferrals of fuel and purchased power costs, subject to Board approval. It becomes effective May 1, 2026.

3.0 CALCULATION OF THE FAM RATE p. pp. 120-121
3.0 CALCULATION OF THE FAM RATE NS Power's FAM is a forecasted base fuel rate operating on an annual cycle that includes an over/under recovery mechanism consisting of an Actual Adjustment (AA) and Balance Adjustment (BA). The following fo...

AI summary This section outlines the Fuel Adjustment Mechanism (FAM) used by NS Power, detailing how the FAM rate is calculated annually using an Actual Adjustment (AA) and a Balance Adjustment (BA). The mechanism includes deferral of over- or under-recovery amounts and allocation of fuel-related costs to specific rate classes.

Wholesale Market Backup/Top-up Service Tariff (BUTU). p. p. 121
Wholesale Market Backup/Top-up Service Tariff (BUTU). - 2. For ATL and BUTU classes the following costs and credits - a. NS Power's plant fuel costs - b. costs of biofuels of purchased biomass generation - c. non-firm imports costs - d. ex...

AI summary The Wholesale Market Backup/Top-up Service Tariff (BUTU) outlines how various costs and credits, including fuel costs and import costs, are classified and allocated to different classes based on their energy contribution and load factors. The allocation method ensures alignment with revenue from approved rates using a revenue-to-cost ratio.

102721Board Order 1 passage
Section 8 p. p. 2
"Distribution System Access" The services provided by the Company under the Distribution Tariff to provide for the connection of the RtR Customer to the Company's distribution system, but does not include the provision of electricity. Thes...

AI summary The text defines key terms related to distribution system access, licensed retail suppliers, and metering, outlining the services provided by the Company and the requirements for LRS participation. It also includes definitions for 'farming or fishing unit' and 'load'.

99238Board Letter re: Response to NSPI's letter 1 passage
[2008 NSUARB 140] p. pp. 0-2
y record. This record should clearly demonstrate to the Board that issues have been fully and appropriately addressed and satisfy the public that the application has been fully and carefully reviewed. As usual, Board staff and Board Counse...

AI summary The Board is preparing to review a general rate application by NS Power, emphasizing the need for a thorough review process. The Board will engage consultants to file evidence, and the process cannot be shortened even if NS Power has reached an agreement with customer representatives. The Board has opened a matter but faces challenges in initiating processes before the application is filed.

99467Notice of Public Hearing 1 passage
______________________________________________________________________________ p. p. 0
______________________________________________________________________________ January 1, 2026 January 1, 2027 Domestic Service Tariff Total 3.8% 4.1% Small General Tariff Total 3.7% 4.0% General Tariff Total (0.1)% 0.5% Large General Tari...

AI summary The document presents tariff changes for various service classes from January 1, 2026, to January 1, 2027, showing percentage changes across domestic, general, industrial, and other service categories, with some classes experiencing significant decreases and increases.

99468Preliminary Issues List 1 passage
PRELIMINARY ISSUES LIST p. p. 0
PRELIMINARY ISSUES LIST The following issues will be dealt with in the public hearing on Nova Scotia Power Incorporated's (NS Power) 2026-2027 General Rate Application (Matter M12451) which is set to begin Wednesday, January 7, 2026: - 1....

AI summary The preliminary issues list outlines key topics for the public hearing on NS Power's 2026-2027 General Rate Application. These include fuel and purchased power costs, capital structure, rate design, depreciation studies, cybersecurity impacts, and climate change adaptation. The proceeding will address regulatory compliance, cost recovery, and the impact of various operational and financial factors on rate-setting.

99651Notice of Intervention - NSIESO 1 passage
NOVA SCOTIA ENERGY BOARD
NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: The Public Utilities Act - and – IN THE MATTER OF: A general rate application by Nova Scotia Power Incorporated for approval of certain revisions to its rates, charges and regulations

AI summary The Nova Scotia Energy Board is considering a rate application by Nova Scotia Power for revisions to its rates, charges, and regulations under the Public Utilities Act. The proceeding involves regulatory approval for changes impacting utility services in Nova Scotia.

99653Notice of Intervention - DOE 1 passage
NOVA SCOTIA ENERGY BOARD
NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: The Public Utilities Act , RSNS 1989, c 380 as amended - and – IN THE MATTER OF: A General Rate Application by Nova Scotia Power Incorporated for approval of certain revisions to its Rates, Charge...

AI summary The Nova Scotia Energy Board is handling a proceeding under the amended Public Utilities Act, RSNS 1989, c 380, regarding Nova Scotia Power Incorporated's application for revisions to its rates, charges, and regulations.

99654Notice of intervention - MEUs 2 passages
NOVA SCOTIA ENERGY BOARD
NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: The Public Utilities Act – and – IN THE MATTER OF: An Application by Nova Scotia Power Incorporated for approval of certain revisions to its Rates, Charges and Regulations

AI summary The Nova Scotia Energy Board is considering an application by Nova Scotia Power Incorporated under the Public Utilities Act to revise its rates, charges, and regulations. The proceeding involves regulatory approval for proposed changes to the utility's pricing structure.

NOTICE OF INTERVENTION
NOTICE OF INTERVENTION TO: The Nova Scotia Energy Board ("Board") AND TO: Nova Scotia Power Inc. 1. The BERWICK ELECTRIC COMMISSION , the RIVERPORT ELECTRIC LIGHT COMMISSION , the TOWN OF MAHONE BAY , and the TOWN OF ANTIGONISH (collective...

AI summary The Berwick Electric Commission, Riverport Electric Light Commission, Town of Mahone Bay, and Town of Antigonish (collectively 'MEUs') seek intervenor status in a proceeding involving Nova Scotia Power Inc. and the Nova Scotia Energy Board. They purchase power under the Municipal and BUTU rates and are impacted by the Spill Tariff due to their ownership and relationship with its sole customer.

99655Notice of Intervention - PHP 1 passage
NOVA SCOTIA ENERGY BOARD
NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: The Public Utilities Act – and – IN THE MATTER OF: An Application by Nova Scotia Power Incorporated for approval of certain revisions to its Rates, Charges and Regulations

AI summary The Nova Scotia Energy Board is handling a proceeding under the Public Utilities Act regarding Nova Scotia Power Incorporated's application for revisions to its rates, charges, and regulations. The application seeks approval for changes to its utility pricing structure.

99657Notice of Intervention - Renewall Energy 1 passage
RE: M12451 – 2026 General Rate Application
RE: M12451 – 2026 General Rate Application SWEB Development is a developer, owner, and operator of renewable energy projects throughout Eastern Canada, headquartered in Halifax, Nova Scotia. The M12451 Preliminary Issues List supplied by t...

AI summary SWEB Development, a renewable energy company based in Halifax, Nova Scotia, is requesting intervenor status in the M12451 – 2026 General Rate Application proceeding. The company is concerned with several issues, including fuel and purchased power costs, rate base, load forecasting, rate design, and climate change studies, which may affect its operations in Nova Scotia.

99659Notice of Intervention - SWEB 1 passage
RE: M12451 – 2026 General Rate Application
RE: M12451 – 2026 General Rate Application SWEB Development is a developer, owner, and operator of renewable energy projects throughout Eastern Canada, headquartered in Halifax, Nova Scotia. The M12451 Preliminary Issues List supplied by t...

AI summary SWEB Development, a renewable energy project developer based in Halifax, Nova Scotia, is requesting intervenor status in the M12451 – 2026 General Rate Application proceeding. They highlight topics such as Fuel and Purchased Power Costs, Rate Base, Load Forecasting, Rate Design, and Climate Change Studies as relevant to their business operations.

99670Comments on Preliminary Issues List - NSPI 2 passages
Issue p. p. 0
Issue Rate design and proposed rates, including Domestic Service and Small General Customer charges, OATT, LIIR interruptible credit, DSM Rider

AI summary The issue involves rate design and proposed rates, including Domestic Service and Small General Customer charges, OATT, LIIR interruptible credit, and DSM Rider. These elements are central to the regulatory proceeding.

Comment p. p. 0
Comment Other than the changes to the DSM Rider, the GRA does not propose any changes to the design of NS Power's rates, riders, or credits. Given the foregoing and the support for the GRA outcomes, NS Power submits the issue of rate desig...

AI summary NS Power states that the GRA does not propose changes to rate design, and therefore, the issue of rate design does not require further evidence in the hearing. The GRA only includes changes to the DSM Rider.

99675Notice of Intervention - NS Liberal Caucus 1 passage
Section 1 p. pp. 0-1
October 15, 2025 Ms. Crystal Henwood Regulatory Affairs Officer/Clerk of the Board 1601 Lower Water St., 3rd Floor Halifax, NS B3J 3S3 Via Email Dear Ms. Henwood, Re: M12541 - Nova Scotia Power Inc.- 2026/27 General Rate Application GRA In...

AI summary The Nova Scotia Liberal Caucus requests intervenor status in the proceeding for Nova Scotia Power Inc.'s 2026/27 General Rate Application (GRA). They intend to participate in the public hearing, emphasizing their mandate to represent Nova Scotians on affordability, environmental, and economic issues. The caucus will be represented by The Honourable Iain Rankin.

99683Participant List 1 passage
IN THE MATTER OF A GENERAL RATE APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of certain revisions to its Rates, Charges and Regulations
IN THE MATTER OF A GENERAL RATE APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of certain revisions to its Rates, Charges and Regulations

AI summary Nova Scotia Power Incorporated has submitted a general rate application seeking approval for revisions to its rates, charges, and regulations. The proceeding involves regulatory review of proposed changes to utility pricing structures and service terms.

99702Board Letter re: Final Issues List 7 passages
M12451 – Nova Scotia Power Incorporated – 2026 General Rate Application (GRA) p. p. 0
M12451 – Nova Scotia Power Incorporated – 2026 General Rate Application (GRA) On September 25, 2025, the Board issued a Hearing Order, Notice of Hearing and Draft Issues List for NS Power's application to set rates for 2026 and 2027. Follo...

AI summary The Board issued a Hearing Order for NS Power's 2026 GRA, with comments on the Draft Issues List due by October 15, 2025. NS Power, the only party to file detailed comments, argued most issues were resolved or unnecessary. The Board disagreed, noting unresolved matters. NS Power emphasized collaboration with customer representatives, who supported the GRA outcomes.

NS Power noted: p. pp. 0-1
NS Power noted: The Board has previously stated in relation to settlement agreements: Where, as here, the Agreement is supported by representatives of all of the customer classes, the Board can have confidence that the Agreement is in the...

AI summary The Board acknowledges that settlement agreements supported by all customer classes provide evidence of public interest but emphasizes they are not determinative. It reiterates principles from past decisions, noting that extensive pre-hearing evidence and stakeholder input inform settlements. The Board views properly supported agreements as regulatory successes, not failures, while reserving the right to reject those not in the public interest.

[2008 NSUARB 140] p. pp. 1-2
nors are adequately considered by the Board and the terms and conditions under which they consent to a settlement agreement are honoured. [NS Power 2007 GRA decision, 2007 NSUARB 8] [2023 NSUARB 12] The Board views NS Power's engagement wi...

AI summary The NSUARB commends NS Power for customer engagement but emphasizes that settlement agreements must ensure rates are just and reasonable. The Board requires a thorough evidentiary record before approving NS Power's pending general rate application, despite prior consensus efforts.

Support for GRA Outcomes p. p. 2
Support for GRA Outcomes NS Power's references to the "universal support" it has from all customer representatives must necessarily be understood to be limited to the parties it identified in its application who participated in its collabo...

AI summary NS Power claims broad support for its GRA outcomes from customer representatives, but the Board notes this applies only to parties involved in its collaborative process. Other intervenors, including SWEB Development and Renewall Energy Inc., have raised concerns about issues like fuel costs, rate design, and climate studies. At least 10 intervenors remain undecided, with some highlighting preliminary issues outlined in M12451.

No Proposed Changes p. pp. 2-5
No Proposed Changes NS Power notes it is not proposing changes to its capital structure and financing costs (including its rate of return on equity); the design of its rates, riders, or credits (other than the DSM Rider and the added symme...

AI summary NS Power states it is not proposing changes to its capital structure, rate design, accounting policies, or certain regulatory rules. It emphasizes that this does not prevent other parties from challenging these areas. NS Power also notes no current income tax issues but acknowledges their relevance to revenue requirements. The document highlights ongoing regulatory considerations around rate-of-return, AMI opt-out fees, and Storm Rider components.

Not Submitted for Approval in this Proceeding p. p. 5
Not Submitted for Approval in this Proceeding NS Power notes that, in this proceeding, it is not seeking approval of the AA and BA rider rates or final approval of fuel costs; a financing order to facilitate securitization; or its Climate...

AI summary NS Power is not seeking approval for AA/BA riders, fuel costs, securitization financing, or its climate plans in this proceeding. The Board emphasizes the need for a just base fuel cost and considers the smoothing mechanism. Securitization forecasts and climate plans are relevant to future rate applications and equity concerns, while NS Power's plans are kept on the Final Issues List for future review.

Residual Comments p. p. 5
Residual Comments - 1. NS Power submitted that the express mention of pensions, executive compensation, and expenses shared with affiliates was of little or no relevance in the proceeding and should not be expressly set out as a focus in t...

AI summary NS Power argues that pensions, executive compensation, and shared affiliate expenses are irrelevant to the proceeding, while the Board disagrees but will remove explicit references. NS Power claims the NSIESO transition costs are irrelevant, focusing instead on a deferral mechanism. The Board asserts the transition's cost impact is relevant. NS Power contends section 6(2) of the Energy and Regulatory Boards Act does not require addressing all factors, but the Board insists these factors must be considered.

99703Final Issues List 2 passages
IN THE MATTER OF THE PUBLIC UTILITIES ACT p. p. 0
IN THE MATTER OF THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF A GENERAL RATE APPLICATION by NOVA SCOTIA POWER INCORPORATED for Approval of Certain Revisions to its Rates, Charges and Regulations

AI summary Nova Scotia Power Incorporated has submitted a general rate application seeking approval for revisions to its rates, charges, and regulations under the Public Utilities Act. The proceeding involves regulatory review of proposed changes to utility pricing structures.

FINAL ISSUES LIST p. p. 0
FINAL ISSUES LIST The following issues will be dealt with in the public hearing on Nova Scotia Power Incorporated's (NS Power) 2026-2027 General Rate Application (Matter M12451) which is set to begin Wednesday, January 7, 2026: - 1. Fuel a...

AI summary The Final Issues List outlines 21 topics for public hearing on NS Power's 2026-2027 rate application (M12451). Key areas include fuel cost mechanisms, capital structure compliance with the Public Utilities Act, rate design, climate adaptation plans, cybersecurity impacts, and securitization issues. The hearing begins January 7, 2026.

99704Amended Hearing Order 2 passages
IN THE MATTER OF THE PUBLIC UTILITIES ACT
IN THE MATTER OF THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF A GENERAL RATE APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of certain revisions to its Rates, Charges and Regulations BEFORE : Stephen T. McGrath, K.C., Chai...

AI summary This document pertains to a regulatory proceeding under the Public Utilities Act, involving Nova Scotia Power Incorporated's application for rate revisions. The proceeding is before a panel including Stephen T. McGrath (Chair), Roland A. Deveau (Vice Chair), and Steven M. Murphy (Member).

AMENDED HEARING ORDER
AMENDED HEARING ORDER NS Power applied to the Nova Scotia Energy Board on September 18, 2025, for approval of certain revisions to its Rates, Charges and Regulations.

AI summary NS Power applied to the Nova Scotia Energy Board on September 18, 2025, seeking approval for revisions to its Rates, Charges, and Regulations. The application pertains to amendments in utility pricing structures and regulatory frameworks, aiming to align with current operational and financial parameters.

99705Amended Notice of Public Hearing 2 passages
______________________________________________________________________________ p. p. 0
______________________________________________________________________________ January 1, 2026 January 1, 2027 Domestic Service Tariff Total 3.8% 4.1% Small General Tariff Total 3.7% 4.0% General Tariff Total (0.1)% 0.5% Large General Tari...

AI summary The document presents tariff changes for various service classes from January 1, 2026, to January 1, 2027, showing percentage changes across domestic, small general, general, industrial, municipal, and unmetered classes, with some classes experiencing decreases and others increases.

NS Power is also proposing: p. p. 0
rvice Study. - 10.Continuation of the Storm Cost Recovery Rider pilot in 2026 and 2027, but on a symmetrical basis so that unspent forecast Level 3 and 4 storm costs are refunded to customers. - 11.Changes to the Miscellaneous Charges set...

AI summary NS Power proposes continuing the Storm Cost Recovery Rider pilot in 2026-2027 with symmetrical refunds for unspent storm costs, revising Miscellaneous Charges including an AMI Opt-out Fee, and maintaining a 2% annual Pole Attachment Fee increase. A public hearing is scheduled for January 2026 at the Office of the Board in Halifax.

99706ECC (NSPI) IR-1 to IR-41 4 passages
NOVA SCOTIA ENERGY BOARD
NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF: A GENERAL RATE APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of certain revisions to its Rates, Charges and Regulations INFORMATION...

AI summary The Nova Scotia Energy Board is processing a general rate application by Nova Scotia Power Inc. under the Public Utilities Act. An information request, due November 5, 2025, was sent to Blake Williams of Nova Scotia Power, with responses to be provided to Emrydia Consulting Corporation. Depreciation-related inquiries are directed to Gannett Fleming.

Request IR-27:
Request IR-27: - The following request is directed at NS Power. Using the recalculated depreciation rates provided - by Gannett Fleming based on the following scenarios, please recalculate the Company's annual - applied for depreciation ex...

AI summary Request IR-27 directs NS Power to recalculate depreciation expenses for 2026 and 2027 using three scenarios from Gannett Fleming: Average Life Group (whole life/remaining life techniques) and Equal Life Group (whole life technique), with results provided in an Excel file.

Request IR-30:
Request IR-30: - As it relates to the decommissioning costs of the Wreck Cove, Mersey, and Tusket hydroelectric - assets, please provide a schedule reconciling all amounts that have been historically recovered - in customer rates for net s...

AI summary Request IR-30 seeks a reconciliation schedule of decommissioning costs for Wreck Cove, Mersey, and Tusket hydroelectric assets, detailing historical net salvage recoveries in customer rates by year. The request includes assumptions, calculations in an Excel file, and an extension of analysis to expected decommissioning dates with estimated net costs relative to recovered amounts.

Request IR-37:
Request IR-37: - Regarding the GRA and COSS deferral, please explain in detail why such a deferral continues to - be required, whether the costs are difficult to forecast, are material, out of NS Power's control, - and any other factors co...

AI summary Request IR-37 seeks clarification on the continued deferral of GRA and COSS costs by NS Power, questioning if these costs are difficult to forecast, material, uncontrollable, or influenced by other factors. The request emphasizes the need for NS Power to justify ongoing deferral.

99739Dr. Cleary (NSPI) IR 1 to 11 2 passages
NOVA SCOTIA ENERGY BOARD p. p. 4
NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF: 2026-2027 GENERAL RATE APPLICATION by NOVA SCOTIA POWER INCORPORATED INFORMATION REQUESTS To: Blake Williams Senior Director, Regulatory Affairs...

AI summary The Nova Scotia Energy Board is handling a 2026-2027 general rate application under the Public Utilities Act. Dr. Sean Cleary submitted an information request to Blake Williams of Nova Scotia Power Incorporated, dated October 21, 2025, with Crystal Henwood as the clerk of the board.

Question: p. p. 4
Question: Does Concentric agree that as or more important than considering allowed ROEs and ERs in other jurisdictions in determining the appropriate ROE and ER for NSPML is an examination of NS Power's business risk and financial risk, as...

AI summary The question asks Concentric if evaluating Nova Scotia Power's (NSP) specific business and financial risks, along with market factors like stock returns and bond yields, is more critical than comparing allowed returns (ROEs/ERs) from other jurisdictions when determining appropriate rates for NSPML.

99741MPA (NSPI) IR 1 to 9 3 passages
NOVA SCOTIA ENERGY BOARD
NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF: A GENERAL RATE APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of certain revisions to its Rates, Charges and Regulations

AI summary The Nova Scotia Energy Board is considering a general rate application by Nova Scotia Power Incorporated under the Public Utilities Act for revisions to its rates, charges, and regulations.

Question:
Question: - (a) Please provide the sources relied on to estimate short-term credit costs in 2026 and 2027. - (b) Please provide analysis to substantiate the claim that revolving line of credit rates would be more than 100 basis points more...

AI summary The document requests sources for estimating short-term credit costs in 2026-2027 and analysis on revolving credit vs. commercial paper costs. It references NS Power's 2023 exemptive relief approval to resume its commercial paper program and notes a shift in long-term to short-term debt ratios from 2024-2025 to 2026-2027.

Request IR-7:
Request IR-7: References: Direct Evidence p. 13: "When put into effect, this approach could save customers as much as $90 million over 2026-2027 by removing these assets from NS Power's rate base and financing them through lower-cost debt."

AI summary Request IR-7 discusses a proposal to save customers up to $90 million over 2026-2027 by removing specific assets from NS Power's rate base and financing them through lower-cost debt, reducing overall costs for customers.

99742Doane Grant Thornton (NSPI) IR 1 to 93 19 passages
NOVA SCOTIA ENERGY BOARD
NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF: A GENERAL RATE APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of certain revisions to its Rates, Charges and Regulations INFORMATION...

AI summary The Nova Scotia Energy Board is handling a regulatory proceeding under the Public Utilities Act, involving Nova Scotia Power's request to revise its rates. Doane Grant Thornton LLP has issued information requests to Nova Scotia Power Inc., with responses due by November 5, 2025. Angie Brown of Doane Grant Thornton is the contact person.

Request IR-41:
Request IR-41: - Reference: N-6 2026-2027 GRA Direct Evidence Appendix 7C Page 43-44 of 58 - Per N-6, (Appendix 7C), page 43-44 of 58, we understand that labour expense has increased - from 2024 compliance restated to 2026 forecast for "re...

AI summary The document requests detailed information on the creation of NSPI's reliability implementation department and expansion of the Standards & Community Engagement team, citing increased labor expenses due to centralization of resources for system reliability. It asks for roles and salaries related to these changes.

Request IR-44:
Request IR-44: - Reference: N-6 2026-2027 GRA Direct Evidence Appendix 7C Page 45-46 of 58 - Per N-6, (Appendix 7C), page 45-46 of 58, we understand that contracts expense has increased - from 2024 compliance restated and 2025 budget to 20...

AI summary The document requests a breakdown of increased contracts expenses for transmission and distribution contractor management from 2024 to 2026, citing factors like maintenance on aging fleet vehicles, utility costs, and inflation. NSPI is asked to provide supporting documentation for these increases.

Request IR-46:
Request IR-46: - Reference: N-6 2026-2027 GRA Direct Evidence Appendix 7C Page 49-50 of 58 - Per N-6, (Appendix 7C), page 49-50 of 58, we understand that labour expense has increased - from 2024 actual to 2026 forecast for "administration"...

AI summary Request IR-46 seeks clarification on increased labor expenses for administration from 2024 to 2026, citing five new hires and salary escalations tied to Energy Delivery growth. The request asks for rationale behind these workforce and compensation changes.

Request IR-48:
Request IR-48: - Reference: N-6 2026-2027 GRA Direct Evidence Appendix 7C Page 51-52 of 58 - Per N-6, (Appendix 7C), page 51-52 of 58, we understand that labour expense has increased - from 2024 compliance restated, 2024 actual, and 2025 b...

AI summary The text requests evidence of customer growth and rationale for salary escalation in customer service labor expenses, as part of the 2026-2027 GRA Direct Evidence Appendix 7C.

Request IR-49:
Request IR-49: - Reference: N-6 2026-2027 GRA Direct Evidence Appendix 7C Page 51-52 of 58 - Per N-6, (Appendix 7C), page 51-52 of 58, we understand that other goods and services has - decreased from 2024 compliance restated, 2024 actual,...

AI summary The request seeks clarification on a $2 million reduction in 'customer service' costs under the GRA settlement, asking for details on the settlement terms and supporting documentation. The reduction is noted in N-6 Appendix 7C pages 51-52 of 58, comparing 2026 forecasts to prior years.

Request IR-53:
Request IR-53: - Reference: N-6 2026-2027 GRA Direct Evidence Appendix 7C Page 57-58 of 58 - Please explain the nature of the "corporate adjustments" cost category. What costs are included - in this category?

AI summary The document is a request under Request IR-53 asking for an explanation of the 'corporate adjustments' cost category in the GRA. It references Appendix 7C, pages 57-58, and seeks clarification on which costs are included in this category.

Request IR-54:
Request IR-54: - Reference: N-6 2026-2027 GRA Direct Evidence Appendix 7C Page 57-58 of 58 - Per N-6, (Appendix 7C), page 57-58 of 58, we understand that labour has decreased from 2024 - compliance restated, 2024 actual and 2025 budget to...

AI summary Request IR-54 seeks clarification on labor cost reductions in corporate adjustments from 2024 to 2026, attributing the decrease to a vacancy adjustment, payroll accrual timing, and improved 2024 corporate scorecard performance. The requester asks for detailed cost breakdowns related to these factors.

Request IR-55:
Request IR-55: - Reference: N-6 2026-2027 GRA Direct Evidence Appendix 7C Page 57-58 of 58 - Per N-6, (Appendix 7C), page 57-58 of 58, we understand that other goods and services has - decreased from 2024 compliance restated, 2024 actual a...

AI summary The text requests clarification on a $2 million reduction in 'other goods and services' under the GRA settlement agreement, which caused a decrease in corporate adjustments from prior years. Supporting documentation is sought.

Request IR-56:
Request IR-56: - Reference: N-6 2026-2027 GRA Direct Evidence Appendix 7C Page 57-58 of 58 - Per N-6, (Appendix 7C), page 57-58 of 58, we understand that vehicle allocated costs has - increased from 2024 compliance restated to 2026 forecas...

AI summary The document requests a cost breakdown for increased capital investments in transmission and distribution assets, attributing the increase to higher capital spending. It also seeks an explanation for the decrease in vehicle costs from 2024 actual and 2025 budget to 2026 forecast, linked to the profile of capital investment.

Request IR-57:
Request IR-57: - Reference: N-6 2026-2027 GRA Direct Evidence Appendix 7C Page 57-58 of 58 - Per N-6, (Appendix 7C), page 57-58 of 58, we understand that admin overheads have increased - from 2024 compliance restated and 2024 actuals to 20...

AI summary The document requests clarification from Nova Scotia Power Inc. (NSPI) on how changes in administrative overheads—increasing from 2024 compliance/restated actuals to 2026 forecasts and decreasing from 2025 budgets to 2026 forecasts for 'corporate adjustments'—are linked to the profile of capital investments.

Request IR-67:
Request IR-67: - Reference: N-3 page 46 - Page 46 line 21-22 of the GRA notes "Regulatory amortizations for 2026-2027 are set out in - Figure 8-3 below. Regulatory amortization expense is forecast to be $9.1 million in 2026 and - $9.3 mill...

AI summary The text requests clarification on a discrepancy in the GRA's regulatory amortization figures for 2026-2027, proposing corrected values of $8.1 million and $8.3 million, as outlined in Figure 8-3, rather than the stated $9.1 million and $9.3 million.

Request IR-70:
Request IR-70: - Reference: Exhibit N-11( C )-(ii) - Exhibit N-11( C )-(ii) (2026-2027 GRA DA-03 Att 1 Excel Confidential) provides the total - regulatory amortizations by account for 2024-2027F. Please reconcile the 2024 actuals - regulat...

AI summary The document requests reconciliation of 2024 regulatory amortizations from Exhibit N-11(C)-(ii) of the GRA DA-03 to NSPI's audited financial statements, focusing on regulatory amortizations for 2024-2027.

Request IR-76:
Request IR-76: - Reference: N-3 page 60 - As per section 9.3 Maritime Link Capital Applications, page 60, - We understand that assets that have met the threshold have been included in rate base at the beginning of the test period. - a) Ple...

AI summary Request IR-76 seeks clarification on the inclusion of assets in the rate base under the GRA, requesting supporting documentation for total benefits/costs in figure 9-5 and detailed asset descriptions with net book value calculations. The request references section 9.3 of Maritime Link Capital Applications and emphasizes quarterly reporting alignment.

Request IR-78:
Request IR-78: - Reference: FO-13 - Please provide detailed background calculations for the Deferred Charges- DSM Rider Deferral - from actual 2024 to proposed 2027. In particular, please provide any support and calculations - for adjustme...

AI summary Request IR-78 seeks detailed calculations for Deferred Charges- DSM Rider Deferral from 2024 to 2027, specifically addressing adjustments/interest outlined in FOR-13 attachment 1 lines 40-43. The request emphasizes the need for supporting documentation for these financial adjustments.

Request IR-79:
Request IR-79: - Reference: FO-13 - With regards to FO-13, Please provide an explanation and further details of what specific - deferred charges are included in the continuity for "Deferred Charges Other General" and - "Other deferred cred...

AI summary Request IR-79 seeks clarification on deferred charges in FO-13 attachment 1, specifically 'Deferred Charges Other General' and 'Other deferred credits,' including calculation details and references to Board-approved matters. The request emphasizes the need for supporting documentation and prior approvals.

Request IR-85:
Request IR-85: - Reference: RB-02-16- Attachment 1 - Please provide explanation for the increase in materials and supplies allowance from 2024 - Compliance Rates to 2026 Proposed Rates.

AI summary Request IR-85 seeks an explanation for the proposed increase in materials and supplies allowance from 2024 to 2026 under Compliance Rates. The request is tied to regulatory proceedings involving rate adjustments and compliance frameworks.

Request IR-90:
Request IR-90: - Reference: RB -02-16- Attachment 1 - Was there any change in methodology used in calculating the Working capital allowance for the - 2026-2027 GRA compared to the 2022-2024 GRA? If so, please explain the difference(s) and...

AI summary The document requests clarification on whether the methodology for calculating the Working Capital Allowance in the 2026-2027 GRA differs from the 2022-2024 GRA, seeking an explanation of any changes and their rationale.

Request IR-92:
Request IR-92: - Reference: RB -02-16- Attachment 1 - In the reconciliation of revenue requirement to statement of earnings, please explain why - noncurrent pension interest, AFUDC, FAM, and FCR interest are adjustments required to - reven...

AI summary The text requests an explanation for why noncurrent pension interest, AFUDC, FAM, and FCR interest are adjustments in the reconciliation of revenue requirement to the statement of earnings. The focus is on clarifying the rationale for these financial adjustments within a regulatory proceeding.

99743CA (NSPI) IR 1 to 3 - Redacted 1 passage
1 Request IR-2:
1 Request IR-2: 2 3 Please confirm or otherwise explain that calculating the PHP credit on PHP's higher total 4 forecasted system coincident demand results in a higher credit to PHP and more costs being 5 allocated to other customer classe...

AI summary The request seeks clarification on whether calculating the PHP credit based on higher total forecasted system coincident demand results in increased credits for PHP and higher cost allocation to other customer classes.

99745Synapse (NSPI) IR 1 to 11 2 passages
NOVA SCOTIA ENERGY BOARD
NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF: A GENERAL RATE APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of certain revisions to its Rates, Charges and Regulations

AI summary The Nova Scotia Energy Board is considering a rate application by Nova Scotia Power Incorporated under the Public Utilities Act, seeking approval for revisions to its rates, charges, and regulations. The proceeding involves regulatory review of proposed changes to utility pricing structures.

NON-CONFIDENTIAL INFORMATION REQUESTS
325271 Date Filed: Oct. 22, 2025 Synapse (NSPI) Page 1 - Request IR-1: Refer to GRA Appendix 12A, Cost of Service Study Process, section 3.1. How does the - Company define customer-related costs? - Request IR-2: Refer to GRA Appendix 12A,...

AI summary The document includes three information requests related to Nova Scotia Power's (NSPI) cost-of-service study (COSS) methodology. Requests focus on defining customer-related costs, analyzing the impact of increased granularity on COSS precision, and clarifying how the current approach classifies generation assets. The requests also ask for data transparency, including Excel files with formulas and underlying data, and seek explanations of potential rate impact disparities across NSPI's customer classes.

99746IG (NSPI) IR 1 1 passage
1 2025 M12451
1 2025 M12451 2 3 NOVA SCOTIA ENERGY BOARD 4 IN THE MATTER OF: The Public Utilities Act 5 6 7 IN THE MATTER OF: A General Rate Application by Nova Scotia Power Incorporated for approval of certain revisions to its Rates, Charges and Regula...

AI summary The Nova Scotia Energy Board has issued an information request to Nova Scotia Power Incorporated regarding the cost allocation methodology and changes to the distribution adder charge for Large Industrial customers in 2026 and 2027 as part of a general rate application proceeding.

99747PHP (NSPI) IR 1 to 3 4 passages
NOVA SCOTIA ENERGY BOARD
NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: THE PUBLIC UTILITIES ACT and IN THE MATTER OF: A General Rate Application by NOVA SCOTIA POWER INCORPORATED for approval of certain revisions to its Rates, Charges and Regulations

AI summary The Nova Scotia Energy Board is considering a general rate application by Nova Scotia Power Inc. seeking approval for revisions to its rates, charges, and regulations under the Public Utilities Act. The proceeding involves regulatory review of proposed changes to utility pricing structures.

PHP Information Requests to NS Power
PHP Information Requests to NS Power IR-1 Reference: Exhibit N-3, Direct Evidence, Section 12.4 PHP COSS Treatment, page 79. "NS Power anticipates filing an application for approval of a new above-the-line (ATL) Tariff applicable to PHP an...

AI summary The document discusses NS Power's plan to file an application for approval of a new above-the-line (ATL) tariff for PHP, including ADC service as a rider. PHP is treated as an ATL customer in the 2026-2027 COSS, with specific load characteristics and financial considerations such as interruptible credits and R/C ratios.

Questions:
Questions: a) Please confirm that, while the new above-the-line (ATL) Tariff for PHP to be brought forward for approval by the Board later this year shall reflect the modeling noted above, it remains open to all Parties, including PHP, to...

AI summary The Board seeks confirmation that PHP may adopt any position in the ADC and tariff processes despite the new ATL Tariff's modeling basis, and that PHP is not obligated to accept the new ATL Tariff if the ADC and tariff outcomes are unsatisfactory post-Board decision.

NSUARB M12451 PHP Information Requests to NS Power
NSUARB M12451 PHP Information Requests to NS Power 1 2 IR-2 3 Reference: Exhibit N-3, Direct Evidence, Section 13.5 DSM Rider, page 83: 4 5 "NS Power will make its 2026 DSM Rider application in accordance with current practice. Per COSS, 6...

AI summary The document contains information requests from the NSUARB to NS Power regarding the 2026 and 2027 DSM Rider applications and rate calculations for the Large Industrial and Above-the-Line classes. It seeks confirmation of energy requirements, revenue, and rates for these classes, assuming no R/C ratio adjustments or other riders are applied.

99748NSEB (NSPI) IR 1 to 152 42 passages
NOVA SCOTIA ENERGY BOARD
NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF: A GENERAL RATE APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of certain revisions to its Rates, Charges and Regulations

AI summary The Nova Scotia Energy Board is considering a general rate application by Nova Scotia Power Incorporated under the Public Utilities Act, seeking approval for revisions to its rates, charges, and regulations.

Request IR-4:
Request IR-4: - The following directive has been issued by the Board since the last general rate application with - a bring forward date for the next general rate application (and was not outlined in Appendix 3A). - Please outline how this...

AI summary The Board has issued a directive since the last general rate application, requiring NS Power to address the bring forward date for the next application. Specifically, in matter M11598, NS Power must describe how the 191-253 engine refurbishment costs were considered in depreciation studies and estimate the rate impact of any depreciation rate adjustments.

Request IR-5:
Request IR-5: - a) Related to the directive in IR-4, please explain how NS Power considered the costs of the LM 191-332 engine refurbishment and LM 191-443 engine replacement (Matter M12416) in setting depreciation rates. - b) Please ident...

AI summary Request IR-5 asks NS Power to explain how engine refurbishment and replacement costs (Matter M12416) were considered in depreciation rate calculations and to identify estimated rate impacts of proposed depreciation rate adjustments.

Request IR-8:
Request IR-8: - Reference: Exhibit N-3 GRA Direct Evidence, Section 1.2 Overview of 2026-2027 GRA - On page 10 of the application, NS Power compares the proposed rate impacts of this GRA to recent annual average rate increases experienced...

AI summary The document requests NS Power to identify Atlantic Canadian utilities referenced in its rate comparisons, specify their rate increases since 2023, and compare annual rates for a residential customer across 2025-2027, including all riders. It focuses on rate impacts and comparator utility analysis.

Request IR-12:
Request IR-12: - Reference: Exhibit N-3 GRA Direct Evidence, Section 1.4 Reliability and System Strength - On page 11 NS Power notes that over 65 community meetings were held throughout Nova Scotia - to discuss reliability and understand c...

AI summary Request IR-12 seeks information on NS Power's community engagement for reliability planning, VoLL data improvements, customer satisfaction metrics, reliability investments, revenue requirements, and cost recovery methods for the Reliability Intertie project. It references prior board matters and requests data validation, including outage numbers and reliability calculation methodologies.

Request IR-26:
Request IR-26: Reference: Exhibit N-3 GRA Direct Evidence, Section 5 Fuel and Purchased Power - On page 27 of the application, NS Power states, "To facilitate having more uniform increases - across the two test years, NS Power has adjusted...

AI summary NS Power adjusted fuel rates to smooth increases over two years, leading to overcollection in 2026 and undercollection in 2027. The regulator requests confirmation on whether non-fuel costs were smoothed, the impact on FAM balance, future fuel cost adjustments, and necessary rate increases in 2028.

References:
References: - 1. On pages 21 and 98 of the application, NS Power seeks Board approval of "administrative" changes to the introduction to Appendix Q (the Hedging Plan) of the Fuel Manual. - 2. On page 35 of Appendix 5A, NS Power notes there...

AI summary NS Power seeks Board approval for changes to its Hedging Plan in the Fuel Manual. The document questions legislative requirements for Board approval of hedging strategies, references a 2016 Board decision (2016 NSUARB 129) on the Fuel Stability Plan, and asks whether NS Power's proposed changes are for information or formal approval. It highlights statutory obligations under the EPIA and the role of the Fuel Adjustment Mechanism (FAM).

Request IR-33:
Request IR-33: - Reference: Exhibit N-5, Appendix 6A (FAM Framework) and 6B (FAM Plan of Administration) - NS Power proposes a change to s. 3.2.8 of the FAM POA to include costs associated with renewable energy programs (e.g., on bill cred...

AI summary NS Power proposes to include renewable energy program costs in the FAM POA. The request asks how to distinguish recoverable from non-recoverable costs and the appropriateness of additional language about costs not recoverable from participants.

Request IR-34:
Request IR-34: - Reference: Exhibit N-3, GRA Direct Evidence, Section 6 Fuel Adjustment Mechanism and - Appendix 6B - NS Power notes that it has proposed changes to the FAM Plan of Administration to move some - costs previously included in...

AI summary NS Power proposes moving certain costs from OM&G to the FAM, but the Board staff notes that ash hauling and Tufts Cove Wharf costs were added to the POA, requiring a GRA (M11127) for FAM inclusion. The Board requests confirmation of all proposed cost movements, 2024 GRA amounts, and clarification on OM&G forecast adjustments for 2026/2027.

Request IR-35:
Request IR-35: - Reference: Exhibit N-5, Appendix 6A Fuel Adjustment Mechanism Plan of Administration, Section - 3.1 - Why has NS Power removed the reference to carrying costs being paid by customers paying a - balance owing over time?

AI summary The document raises a question about NS Power's removal of a reference to carrying costs being paid by customers with outstanding balances in the Fuel Adjustment Mechanism Plan of Administration, specifically in Exhibit N-5, Appendix 6A, Section 3.1.

Request IR-36:
Request IR-36: - Reference: Exhibit N-3 GRA Direct Evidence, Section 2.2 FAM Treatment - a) Please reconcile the forecast total FAM balance owing from customers at the end of 2025 of approximately $94 million (from the August 2025 monthly...

AI summary The document requests clarification on the Fuel Adjustment Mechanism (FAM) balance, incorporation of receivables into BCF amounts, and confirmation of NS Power's intention to file a FAM AA/BA application by Q4 2025, along with its implications.

Request IR-37:
Request IR-37: - Reference: Exhibit N-3 GRA Direct Evidence Appendix 5A - Prior general rate applications have included a Fuel Update in late August of the filing. - a) Please provide the date on which the fuel and purchased power assumpti...

AI summary Request IR-37 seeks the date for fuel and purchased power assumptions in the GRA application, referencing Exhibit N-3. Prior applications included a Fuel Update in late August. The GRA application's assumptions are under scrutiny for alignment with historical practices.

Request IR-38:
Request IR-38: - Reference: Exhibit N-3 GRA Direct Evidence Appendix 5A - On page 34 of Appendix 5A, the application states that NSPML's forecast assessments for the - Maritime Link against NS Power are $200.5 million in 2026 and $203.9 mi...

AI summary Request IR-38 asks NSP to explain the increase in Operating & Maintenance costs from $21.7 million in 2026 to $29.0 million in 2027, referencing Exhibit N-3 GRA Direct Evidence Appendix 5A and mentioning the Maritime Link and Federal Loan Guarantee.

Request IR-40:
Request IR-40: - Reference: Exhibit N-3 GRA Direct Evidence, Section 1.1 Support for 2026-2027 GRA - On page 8 of the application, NS Power notes that the GRA does not include costs related to the - cybersecurity attack. While not included...

AI summary NS Power states that the GRA for 2026-2027 does not include costs from a cybersecurity attack. The request seeks a detailed breakdown of these anticipated costs and recent forecasts.

Request IR-42:
Request IR-42: - a) Please provide a listing showing the total number of 2026 forecast full-time equivalent employees (FTEs) included in each operating expense category compared to current (2025) actuals and the numbers included in the 202...

AI summary Request IR-42 seeks data on 2026 FTE forecasts compared to 2025 actuals and 2024 compliance filings, including variances and explanations for increases over 10%.

Request IR-46:
Request IR-46: - a) Please identify the amount budgeted in proposed rates for OM&G costs for vegetation management in 2026 and 2027. - b) Please provide a table showing the amount of OM&G funds spent on vegetation management for each year...

AI summary Request IR-46 seeks information on budgeted and historical spending for vegetation management OM&G costs (2026-2027 and 2019-2024), with a requirement to separate distribution and transmission funds, and similar data on capital funds for routines and work orders.

Request IR-50:
Request IR-50: - Reference: Exhibit N-3 GRA Direct Evidence, Section 7.3 Five-Year Operating Cost Forecast - On page 36, NS Power stated that "The consensus approach to this GRA results in a greater - year-over-year increase from 2027 to 2...

AI summary NS Power's GRA includes a Five-Year Operating Cost Forecast with significant increases from 2027 to 2028. The request seeks explanations for the forecast's variance, itemization of cost components, and the 2029-2030 cost reduction.

Request IR-56:
Request IR-56: - Reference: Exhibit N-6 Appendix 7A - On page 27 of Appendix 7A, NS Power advises it has increased expense in Grid Modernization - and Customer Integration to hire seven additional employees on the Customer Experience team...

AI summary NS Power is increasing expenses by hiring employees for customer experience and data analytics to expand services and improve asset management. The request asks about new services and whether the outdated Customer Information System (CIMS) limits rate expansion, referencing Matter M11884.

Request IR-58:
Request IR-58: - Reference: Exhibit N-6, Appendix 7A, page 7 of 37 - NS Power notes a significant increase in the utilization of thermal plants and combustion turbines, - which was 4,525 GWh estimated capacity and 6,148 GWh used capacity,...

AI summary NS Power notes increased utilization of thermal plants and combustion turbines, leading to higher operating expenses in 2024. The request asks for explanations, mitigation plans, and future expense projections.

Request IR-63:
Request IR-63: - Reference: Exhibit N-6(ii), Regulatory Affairs - The consulting expense forecast for 2026 is 57% higher than 2024 compliance and slightly below 2024 actuals. Board staff assumes that much of the work leading into the GRA w...

AI summary The consulting expense forecast for 2026 is 57% higher than 2024 compliance but slightly below 2024 actuals. Board staff assumes significant GRA-related work (e.g., depreciation, line loss studies) was completed in 2024. The request asks why expenses remain stable despite expecting greater regulatory work volume and scope in 2026-2027.

Request IR-78:
Request IR-78: - Reference: Exhibit N-3, GRA Direct Evidence - On page 35, NS Power states "Information Technology costs per business entity full-time - equivalent employee is significantly below the utility industry median". a) Please exp...

AI summary NS Power's assertion that IT costs per FTE are below the industry median is questioned in the context of a recent cybersecurity incident, as part of Exhibit N-3 in the GRA Direct Evidence. The significance of this statement is under scrutiny.

Request IR-85:
Request IR-85: - Reference: Exhibit N-7, Appendix 8E - a) Please explain the difference between the estimated costs to fully decommission NS Power's hydroelectric system on page 18 of 33 of Appendix 8B and page 14 of 129 of Appendix 8C, an...

AI summary Request IR-85 seeks clarification on NS Power's hydro decommissioning cost estimates, differences between full and partial decommissioning costs, documentation supporting partial decommissioning claims, and justification for potential risks to customers and shareholders if full decommissioning is required.

Request IR-86:
Request IR-86: - Reference: Exhibit N-7, Appendix 8E - NS Power notes it has excluded the costs of decommissioning the Wreck Cove, Mersey and Tusket hydroelectric assets from the proposed depreciation rates. - a) Please reconcile the decom...

AI summary NS Power excluded decommissioning costs for Wreck Cove, Mersey, and Tusket hydroelectric assets from proposed depreciation rates, prompting questions about cost recovery, customer impact, and the 80% renewable electricity standard's justification for perpetual asset operation. Regulators seek reconciliation of costs, documentation on decommissioning obligations, and explanations for future customer risk.

Request IR-97:
Request IR-97: - Reference: Exhibit N-3, GRA Direct Evidence - On page 61 of the application, NS Power states that since the Maritime Link transmission projects - have met the Board's threshold test, the transmission assets are forecast in...

AI summary NS Power asserts that Maritime Link transmission projects meeting the Board's threshold test justify forecasting transmission assets at their net book value in the GRA. The request seeks a continuity schedule detailing the opening rate base amount for inclusion in the GRA forecast starting January 1, 2026.

Request IR-100:
Request IR-100: - Section 30(5)(b) of the Public Utilities Act directs the Board to set different levels of return on - equity for different classes of capital assets of NS Power to ensure that investment incentives are - aligned with rate...

AI summary The Board is directed by Section 30(5)(b) of the Public Utilities Act to set different return on equity levels for NS Power's capital assets. The request asks NS Power to detail how it addressed this requirement in its application.

Request IR-119:
Request IR-119: - Reference: Exhibit N-8, Appendix 10A, CEA exhibits EO, CEA Summary -1 - In CEA Summary -1, why do the proxies use calculated ROEs instead of their Regulated ROE? - a) Please provide the approved ROE for each proxy company...

AI summary The document requests clarification on why proxies in CEA Summary -1 use calculated ROEs instead of the approved Regulated ROE, asking for the approved ROE for each proxy company in CEA-1.

Request IR-121:
Request IR-121: - Reference: Exhibit N-8, Appendix 10A, CEA-5 Multi-Stage DCF - CEA-5 Multi-Stage DCF, column [9] uses a GDP Growth (perpetuity) from Consensus Economics - Consensus Forecast October 7, 2024, for 2030-2034 = (GSP x (1+ CPI)...

AI summary The document questions the scope of GDP and CPI estimates in the CEA-5 Multi-Stage DCF model, specifically whether Canada Proxy Group data applies to Canada, Nova Scotia, or the U.S., and why the Bank of Canada's inflation target midpoint is not used. It also references Proxy Group formulas for Canada and the U.S.

COST OF SERVICE
COST OF SERVICE

AI summary The document pertains to a regulatory proceeding analyzing the cost of service for Nova Scotia Power Inc. (NSP), involving entities, programs, and mechanisms such as the Fuel Adjustment Mechanism (FAM) and Renewable to Retail (RTR). Key stakeholders include NSP, the Canada Revenue Agency (CRA), and regulatory bodies like NERC.

Request IR-128:
Request IR-128: - Reference: Exhibit N-3 GRA Direct Evidence, Section 12 Cost of Service, p.76 - NS Power notes that "the Parties are in agreement that the use of the Minimum System - methodology after the 2026-2027 test period will be sub...

AI summary NS Power and the Board agree that the Minimum System methodology's use post-2026-2027 will be determined in a future proceeding. The Board anticipates a thorough review after NS Power's 2025 cost-of-service study. Questions are posed regarding the impact of reclassifying distribution classifications to 100% demand and the resulting percentage increases by customer class.

Request IR-129:
Request IR-129: - Reference: Exhibit N-3 GRA Direct Evidence, Section 12.4 PHP COSS Treatment - On page 79 of 99, NS Power stated: In addition, PHP's ATL treatment includes the value of priority interruption service provided, if any. For t...

AI summary NS Power's GRA Direct Evidence (Exhibit N-3, Section 12.4) explains the 10% premium applied to LIIR credit for priority interruption service. Questions seek clarification on differences from current practices, interruption data (2022-2025 YTD), and the rationale for the 10% premium.

Request IR-130:
Request IR-130: - Reference: Exhibit N-3 GRA Direct Evidence, Section 12.4 PHP COSS Treatment - On page 80 of the application, NS Power proposed a PHP Deferral account for revenue variances - between Board-approval of a tariff for PHP to b...

AI summary The text outlines a request (IR-130) addressing NS Power's proposed PHP Deferral account for revenue variances related to the General Rate Application (GRA). Questions are raised about the assumptions in the tariff, isolating revenue variances, and estimating deferred amounts by month if PHP doesn't take service under an above-the-line rate.

Request IR-131:
Request IR-131: - Reference: Exhibit N-3 GRA Direct Evidence, Section 2.1 Electricity Rate Impact - Regarding Figure 2-1 of the application, please identify and quantify the specific factors that are - causing rate increases for Domestic C...

AI summary Request IR-131 seeks clarification on factors causing Domestic Class electricity rate increases approximately double the system average, referencing Exhibit N-3 of the GRA Direct Evidence under Section 2.1 Electricity Rate Impact.

Request IR-132:
Request IR-132: - Reference: Exhibit N-3 GRA Direct Evidence, Section 13 Rate Design - On page 81 of the application, NS Power notes it is not proposing to introduce new concepts or - materially modify any of its rate design. Please descri...

AI summary The document requests NS Power to describe any work done on innovative rate designs leveraging AMI meters, efficient resource use, and addressing market changes due to decarbonization and decentralization, despite NS Power's assertion of not proposing new concepts or modifications.

Request IR-133:
Request IR-133: - Reference: Exhibit N-3 GRA Direct Evidence, Section 13 Rate Design - On page 81 of the application, NS Power notes its proposed increases in the customer charges - for domestic and small general customers have been capped...

AI summary NS Power proposes capped increases in customer charges for domestic and small general customers relative to 2026-2027 COSS. They request a table showing the differences in dollars and cents/kWh between proposed rates and COSS-based rates.

Request IR-134:
Request IR-134: - Reference: Exhibit N-3 GRA Direct Evidence, Section 13 Rate Design - On page 81, NS Power stated: If the customer charges were to be set directly based on changes in the customer-related costs from the 2026-2027 COSS, the...

AI summary NS Power's explanation for a 50% increase in customer charges in 2026 and a single-digit increase in 2027 under the GRA Direct Evidence, Section 13 Rate Design.

Request IR-135:
Request IR-135: - Reference: Exhibit N-3 GRA Direct Evidence, Section 13 Rate Design - On page 82 of the application, NS Power notes that it has updated the interruptible credit for the - Large Industrial Interruptible Rider. Please compar...

AI summary NS Power has updated the interruptible credit for the Large Industrial Interruptible Rider in its GRA application. The text requests a comparison between the avoided costs of a combustion turbine and capacity used for DSM programs.

Request IR-136:
Request IR-136: - Reference: Exhibit N-4, PR-01 Attachment 01D, Domestic Service Time-of-Day Tariff - a) Please provide a copy of the charges as originally approved for this tariff and explain the rationale used to set the peak, shoulder,...

AI summary Request IR-136 seeks details on the Domestic Service Time-of-Day Tariff, including original charges, percentage comparisons of shoulder and off-peak rates relative to peak rates for 2026 and 2027, and justifications for any changes.

Request IR-137:
Request IR-137: - Reference: OATT Updates SR-01 Attachment 1e - On page 32 of 42, NS Power stated: However, as part of developing this consensus GRA, it was agreed that for the 2026-2027 test periods the costing approach will utilize 50 pe...

AI summary NS Power's GRA proposes using 50% of estimated average hourly demand for LIIR interruptible load as 10-minute operating reserve, reducing supplemental capacity from 136 MWs to 101 MWs. The request seeks clarification on the rationale for selecting 50% and the financial impact of this adjustment.

Request IR-138:
Request IR-138: - Reference: OATT Updates SR-01 Attachment 1e - On page 42 of 42, NS Power stated: … NS Power conducted an analysis of historical day-ahead dispatch plans for the years 2021 to 2023. On average, the Combustion Turbines (CTs...

AI summary NS Power adjusted cost allocation for 30-Minute Supplemental Reserve based on Combustion Turbines' contribution (35% hourly). OATT requests clarification on dollar impact, demand charge decreases in 2026, and details about extending the Storm Cost Recovery Rider (SCRR) pilot. Questions focus on cost recovery mechanisms, pilot success metrics, and alignment with regulatory frameworks like the Public Utilities Act.

Request IR-143:
Request IR-143: - Reference: Exhibit N-3 GRA Direct Evidence, Section 13.5 DSM Rider - On page 82, NS Power stated: - NS Power is not proposing changes to the DSM rider amounts for 2026 or 2027. However, NS Power is proposing changes to ho...

AI summary NS Power is not proposing changes to the DSM rider amounts for 2026 or 2027 but is seeking to alter the Balance Adjustment (BA) calculation method. The request includes questions about illustrative examples, justification for the BA change, confirmation of DSM expenses, and whether specific DSM initiatives were requested from EOne.

Request IR-150:
Request IR-150: - Reference: Exhibit N-8, Appendix 13C - NS Power stated there are approximately 18,140 opt-out customers who continue to have their meters read manually at the meter every other month (i.e., six readings per meter). It als...

AI summary NS Power's proposal to reduce manual meter readings from six to two per year for opt-out customers would lower annual reads to 33,333, with estimated costs of $22/year ($1.83/month). However, the proposed $3.81/month fee is over double the actual cost, raising questions about where the additional costs are incurred.

REGULATIONS
REGULATIONS Request IR-152: - Reference: PR-03 Attachment 01c - Attachment 01c shows NS Power's proposed increases to its Schedule of Charges (Regulation - 7.1). Those proposed increases cover a wide range, some around 6%, while other are...

AI summary The document requests specific justifications for NS Power's proposed rate increases (ranging from 6% to 50%) under Regulation 7.1 and seeks clarification on differing charges for items a) and e) for customers with remote connect-enabled meters.

99749Bates White (NSPI) IR 1 to 20 - Redacted 6 passages
NOVA SCOTIA ENERGY BOARD
NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF: 2026-2027 GENERAL RATE APPLICATION by NOVA SCOTIA POWER INCORPORATED PUBLIC REDACTED INFORMATION REQUESTS To: Nova Scotia Power Inc. Blake Willia...

AI summary The Nova Scotia Energy Board is handling a 2026-2027 general rate application by Nova Scotia Power Incorporated under the Public Utilities Act. Bates White LLC is requested to provide responses by October 22, 2025, regarding public redacted information. Blake Williams and Vincent Musco are key contacts for Nova Scotia Power and Bates White, respectively.

Request IR-1: "2026-2027 GRA FO-07 Att 1 PCON.xlsx" a) Please provide electronic copies of the source files linked in Columns 3 through 6 of "2026- 2027 GRA FO-07 Att 1.xlsx": i. "2024 GRA SO2 Refresh – 2026 Fuel Deck V2.xlsx" ii. "2024 GRA SO2 Refresh – 2027 Fuel Deck V2.xlsx" b) The 2026/2027 data presented in FO-07 Columns 3 and 4 are xxxxxxxxxxxxxx provided in Columns 5 and 6. Please provide the corrected exhibit if the data for the present rates (Columns 3 and 4) are xxxxxxxxxxxxxxxxx from those for the proposed rates (Columns 5 and 6). c) Please provide the date at which fuel forecasts were developed for the different fuels shown on FO-07. d) Please provide the commodity pricing dates for each forecast. e) Please provide an explanation as to why the fuel and purchased power costs forecast to be recovered in 2027 are xxxxxzzzzxxxxxx for 2026 and xxxxxxxxxxxxxxxxxxx the 2025 forecast. Request IR-2: "2026-2027 GRA SR-01 Att 05 PCON.xlsx", and "2026-2027 GRA SR-01 Att 06 PCON.xlsx" a) For both SR-01 Att 05 and SR-01 Att 06, please confirm that the amounts shown as "Total FAM related costs" as presented hardcoded on the "Data Inputs" worksheets, line 38, are equal to the sum of the cost shown in lines 1-37 less the incremental cost associated with xxxxxzzzzz as presented on lines 140. In 2026 this difference is approximately xxxxzx zzzxx and in 2027, the difference is approximately xxxxxxxx. b) On the "BCF Allocation" worksheet in SR-01 Att 05 for 2026, e.g. Cell AB43, the total fuel costs are xxxxxzzzxxx with xxxxxzzzxxx (Cell AB26) being the total for FAM classes with
Request IR-1: "2026-2027 GRA FO-07 Att 1 PCON.xlsx" a) Please provide electronic copies of the source files linked in Columns 3 through 6 of "2026- 2027 GRA FO-07 Att 1.xlsx": i. "2024 GRA SO2 Refresh – 2026 Fuel Deck V2.xlsx" ii. "2024 GR...

AI summary The document requests electronic copies of source files, verification of data discrepancies in fuel and power cost forecasts, explanations for cost differences between 2025 and 2027, and confirmation of Total FAM related costs calculations in Excel attachments. It also seeks dates for fuel forecasts and commodity pricing.

Request IR-3:
Request IR-3: - 2026-2027 GRA Direct Evidence, DE-03-DE-04, page 27, lines 16-19, "N15(i) 2026-2027 GRA - OR-01 Att 01.xlsx", "2026-2027 GRA SR-01 Att 05 PCON.xlsx", and "2026-2027 GRA SR-01 Att - 06 PCON.xlsx" - a) Please explain what is...

AI summary Request IR-3 seeks clarification on the inclusion of Supplemental Federal Loan Guarantee (FLG) costs in the Base Cost of Fuel (BCF), data sources in workbooks, and reconciliation between worksheets related to fuel costs and riders. It questions the methodology for FLG cost collection, data origins in tabs like '2026 Std' and '2027 Std', and alignment between fuel cost calculations in different exhibits.

Request IR-7:
Request IR-7: - 2026-2027 GRA Direct Evidence, DE-03-DE-04, section 4; SR-02 Attachment 1. - a) The load forecast provided for use in the 2026-2027 GRA is dated April 30, 2024. NSPI has since completed its 2025 Load Forecast. Is NSPI plann...

AI summary The document contains questions regarding the 2025 load forecast, potential FAM rate mismatches, RTR market data, and EV impacts. NSPI is asked to explain its use of updated forecasts, address discrepancies in FAM rates, and provide detailed data.

Request IR-12:
Request IR-12: - 2026-2027 GRA OE-01A Att 1 CONF; 2026-2027 GRA OE-01A Att 2 CONF; 2026-2027 GRA SR-03. - a) Please provide all commodity price forecasts relied upon to develop the fuel and purchased power costs in the GRA. - b) Please pro...

AI summary Request IR-12 seeks detailed data on fuel costs, consumption, transportation, and technical specifications for NS Power's generating units, including solid fuels, natural gas, biomass, and additives. The request emphasizes transparency in fuel forecasts, transportation costs, and technical assumptions for the 2026-2027 period.

Request IR-19:
Request IR-19: - 2026-2027 GRA Appendix 1-6 PCON, Appendix 6B (Redline). - a) Please explain the edit to move the BUTU reference at pages 7-8. - b) Please explain the revisions to item 4 on pages 8-10. - c) Why have the "Ash Hauling costs"...

AI summary Request IR-19 seeks explanations for document edits (BUTU reference relocation, item 4 revisions), additions of Ash Hauling and Tufts Cove costs to the POA, and clarification on NSP-owned variable production costs, including third-party production bonuses/penalties. Focus areas include cost recoverability, fuel adjustments, and production cost definitions.

99757Email NSEB re: IRs from Renewall to NSPI extension approved 2 passages
Preamble p. p. 0
From: [Henwood, Crystal D](mailto:[email protected]) To: [Dan Roscoe](mailto:[email protected]) Cc: [Allison Coffin;](mailto:[email protected]) [Amanda N. George](mailto:[email protected]); [Andrew McLaren;](mailto:andrew...

AI summary The Board confirms an agreement with Nova Scotia Power Inc. and Renewall regarding the timeline for filing intervenor responses (IRs) in the M12451 proceeding. Renewall will file IR responses by October 27, 2025, with NS Power responding by November 10, while other responses are due November 5, as per the Hearing Order. The Board accepts this arrangement.

Statement of Confidentiality p. p. 0
turalforces.ca>; Melanie Gillis ; Melissa Davies ; Melissa MacAdam ; Melissa Whited ; Melissa Whitten ; Michael Murphy ; Mike Willett ; Monique MacLean ; Muhammad Syfuddin Tamim ; Nancy Rubin ; Wallace, Nate ; Painting-MacLean, Kimberly ;...

AI summary The document pertains to M12451, a 2026 General Rate Application (GRA) by Nova Scotia Power Inc., seeking an extension for the Intervenor Response (IR) deadline. Key entities involved include Nova Scotia Power Inc. and various intervenors, with the primary topic being rate design and intervenor processes.

99794Renewall (NSPI) IR 1 to 13 2 passages
please explain.
please explain. 1 (c) When will NS Power file its FAM AA/BA Application? 24 Request IR-6: 25 Reference: Exhibit N-3, page 25, lines 22-24 26 27 (a) NS Power states that migration to RTR reduces sales but has no impact on forecast peak dema...

AI summary The text contains questions posed to NS Power regarding the timing of its Fuel Adjustment Mechanism (FAM) Application for Approval/Approval of Budget (AA/BA), as well as its views on the impact of migration to Retail Tariff Regulation (RTR), generation capacity obligations, and the potential for cost mitigation through competitive retail sales.

Preamble
- (d) At page 90, NS Power states that " future changes to the FAM Tariff, and to the POA, may be required to accommodate treatment of small volume customer load migrations resulting from the RtR Market ". Given the planned launch of the R...

AI summary NS Power mentions potential future changes to the FAM Tariff and POA to accommodate load migrations from the RtR Market. The question asks when NS Power expects to apply for approval of these changes, given the planned launch in 2026.

99878Board Letter re: Hearing Logistics 1 passage
Section 1 p. p. 0
November 4, 2025 By Email Dear Parties: M12451 – Nova Scotia Power Inc. – 2026 General Rate Application (GRA) Based on experience with the hearing for NS Power's General Rate Application in 2022, when the hearing room was busy for the firs...

AI summary The Board outlines logistical arrangements for the hearing of Nova Scotia Power Inc.'s 2026 General Rate Application (M12451), scheduled for January 7, 2025. Due to capacity constraints, seating in Hearing Rooms A & B is limited to 31 participants and 6 public/media members, with overflow accommodated via a meeting room and library monitors. NS Power staff not in the hearing room will use an adjacent meeting room.

100132Board Letter re: attending virtually deadlines / evening session cancelled 1 passage
Section 1 p. p. 0
December 1, 2025 All Parties M12451 M12451 - Nova Scotia Power Inc. - 2026 General Rate Application (GRA) The Board is finalizing the logistics for the upcoming hearing set to begin on January 7th, 2026. The hearing will be set up to inclu...

AI summary The Board is finalizing logistics for the January 7, 2026 hearing for Nova Scotia Power Inc.'s 2026 General Rate Application (GRA). Virtual participation for out-of-province expert witnesses is allowed, with deadlines for witness panel filings and attendance mode declarations. The evening session was cancelled due to no speaking requests. The panel includes Stephen T. McGrath, Roland A. Deveau, and Steven M. Murphy.

100215Letter from NSPI requesting witness appear virtually 1 passage
Section 1 p. p. 0
December 5, 2025 Crystal Henwood Clerk of the Board Nova Scotia Energy Board 1601 Lower Water Street, 3rd Floor Halifax, NS B3J 3S3 Re: M12451 - Nova Scotia Power Inc. - 2026 General Rate Application (GRA) – Witnesses Appearing Virtually D...

AI summary Nova Scotia Power Inc. (NS Power) requests that John Wiedmayer of Gannett Flemming Valuation and Rate Consultants participate virtually as a witness in the 2026 General Rate Application (GRA) proceeding. All other witnesses are able to attend in person. The request is addressed to the Nova Scotia Energy Board.

100218Letter from Board counsel re: BCC attendance at hearing 1 passage
Section 1 p. p. 0
December 5, 2025 VIA FILE TRANSFER Ms. Crystal Henwood Clerk of the Board Nova Scotia Utility and Review Board 1601 Lower Water Street, 3rd Floor Halifax, NS B3J 3S3 Dear Ms. Henwood: Re: M12451 - Nova Scotia Power Inc. - 2026 General Rate...

AI summary On December 5, 2025, Nova Scotia Power Inc. submitted a 2026 General Rate Application (GRA) to the Nova Scotia Utility and Review Board. Board Counsel witness Dustin Madsen will appear in-person, while others request virtual appearances. The application involves rate-setting proceedings.

100245Letter NSPI re: Witness Panels 1 passage
Preamble p. p. 0
December 9, 2025 Crystal Henwood Clerk of the Board Nova Scotia Energy Board 1601 Lower Water Street, 3rd Floor Halifax, NS B3J 3S3 Re: M12451 - Nova Scotia Power Inc. - 2026 General Rate Application (GRA) - Witness Panels Dear Ms. Henwood...

AI summary Nova Scotia Power Inc. submits witness panels for the 2026 General Rate Application Hearing (M12451) before the Nova Scotia Energy Board. The letter is addressed to Clerk Crystal Henwood, outlining procedural steps for the rate application process.

100259Board letter re: testifying virtually 1 passage
Section 1 p. p. 0
December 10, 2025 All Parties M12451 M12451 – Nova Scotia Power Inc. – 2026 General Rate Application The following witnesses have requested to testify virtually at the above hearing: - John Wiedmayer - Vincent Musco - Karen Morgan - Dr. Se...

AI summary The document outlines the virtual and in-person hearing for Nova Scotia Power Inc.'s 2026 General Rate Application (M12451). Witnesses including John Wiedmayer and others are scheduled to testify virtually, with objections to be raised by December 15, 2025. Technical requirements and exhibit submission details are provided.

100265Board letter re: Response to NSPI's letter regarding witness Panels 1 passage
Section 1 p. p. 0
December 10, 2025 [[email protected]](mailto:[email protected]) Jennifer Power Senior Counsel, Regulatory Nova Scotia Power Inc. PO Box 910 Halifax, NS B3J 2W5 Dear Ms. Power: M12451 - Nova Scotia Power Inc. - 2026 General...

AI summary Nova Scotia Power Inc. (NS Power) submitted a letter regarding its 2026 General Rate Application (GRA) under matter M12451. The Board acknowledges receipt and confirms NS Power will present its case first, following standard procedural rules. The letter is addressed to Jennifer Power, Senior Counsel for NS Power, and signed by Crystal Henwood, Clerk of the Board.

100283Letter NSPI re: Hearing Logistics 2 passages
Section 1 p. p. 0
December 11, 2025 Crystal Henwood Clerk of the Board Nova Scotia Energy Board 1601 Lower Water Street, 3rd Floor Halifax, NS B3J 3S3 Re: M12451 2026-2027 General Rate Application - Hearing Logistics Dear Ms. Henwood: Nova Scotia Power ("NS...

AI summary Nova Scotia Power (NS Power) requests confirmation of its approach to presenting expert evidence at the 2026-2027 General Rate Application (GRA) hearing. NS Power proposes allowing experts to orally respond to Board Counsel's consultants' evidence, citing the Amended Hearing Order and the Settlement Agreement. This method aims to ensure a complete record efficiently, referencing precedent from the 2023-2024 GRA.

Section 2 p. p. 0
uch an approach, while a departure from typical Board process, is not without precedent and was used in the hearing of the 2023-2024 GRA when Mr. William Marshall provided December 11, 2025 C. Henwood out of process written rebuttal eviden...

AI summary NS Power requests the Board's approval to allow experts to provide oral responses to Board Counsel's evidence during testimony, citing precedent from the 2023-2024 GRA. The approach is argued to be non-prejudicial due to a Settlement Agreement with customer representatives and prior use of similar procedures.

100286Board letter re: Hearing logistics 1 passage
Section 1 p. p. 0
December 12, 2025 [[email protected]](mailto:[email protected]) Jennifer Power Senior Counsel, Regulatory Nova Scotia Power Inc. PO Box 910 Halifax, NS B3J 2W5 Dear Ms. Power: M12451 - 2026-2027 General Rate Application - H...

AI summary Nova Scotia Power Inc. (NS Power) submitted a general rate application for 2026-2027, prompting a regulatory hearing. The Board deemed NS Power's initial request for expedited processing unreasonable, adjusted procedural timelines, and limited NS Power's ability to make information requests unless seeking leave. The proceeding addresses rate-setting logistics and evidentiary standards.

100397Board e-mail re: Objections to virtual attendance 1 passage
Preamble p. p. 0
From: [Henwood, Crystal D](mailto:[email protected]) To: [Alissa Whalen](mailto:[email protected]); [Allison Coffin](mailto:[email protected]); [Amanda N. George](mailto:[email protected]); [Andrew McLaren](mailto...

AI summary Crystal Henwood from Nova Scotia Power Inc. requests objections to Dustin Madsen's virtual testimony at the 2026 General Rate Application (GRA) hearing for Nova Scotia Power Inc. Objections must be submitted by December 24, 2025. The email also references secure file submission requirements effective November 3, 2025.

100461Letter CA re: Does not intend on making an opening statement 1 passage
Section 1 p. p. 0
Please refer to: David Roberts Email: [[email protected]](mailto:[email protected]) Assistant: Alissa Whalen Assistant's email: [[email protected]](mailto:[email protected]) January 5, 2026 Via Email: crystal.henwood@...

AI summary The Consumer Advocate, David Roberts, informs the Nova Scotia Energy Board that they will not make an opening statement in the proceeding related to Nova Scotia Power Inc.'s 2026 General Rate Application (GRA). The matter is referenced as M12451.

100471Letter SBA re: Will not be filing an opening statement 1 passage
Section 1 p. p. 0
January 5, 2026 VIA EMAIL Ms. Crystal Henwood Clerk of the Board Nova Scotia Energy Board 1601 Lower Water Street, 3rd Floor Halifax NS B3J 3S3 Dear Ms. Henwood: Re: M12451 - Nova Scotia Power Inc. - 2026 General Rate Application (GRA) The...

AI summary The Small Business Advocate (SBA) will not file an opening statement in the Nova Scotia Power Inc. 2026 General Rate Application (GRA) proceeding, referenced as M12451. The letter is addressed to the Nova Scotia Energy Board's Clerk.

100500Letter Board Counsel re: Witnesses 1 passage
Section 1 p. p. 0
January 6, 2026 VIA FILE TRANSFER Ms. Crystal Henwood Clerk of the Board Nova Scotia Energy Board 1601 Lower Water Street, 3rd Floor Halifax, NS B3J 3S3 Dear Ms. Henwood: Re: M12451 - Nova Scotia Power Inc. - 2026 General Rate Application...

AI summary The document outlines the order of consultant witnesses for Nova Scotia Power Inc.'s 2026 General Rate Application (GRA) proceeding. The Nova Scotia Energy Board is notified of the witness list, including firms like Emrydia Consulting and Synapse, with the matter number M12451 referenced.

100588Undertaking List 2 passages
MATTER #: M12451 p. p. 0
MATTER #: M12451 DATE: UND# DESCRIPTION REQUESTED OF BY DATE DUE January 7, 2026 U-1 To file Mr. Blair's résumé. Also to confirm the other experts that are to appear have filed their résumés, and if not, to file them. Requested of NSPI by...

AI summary The document outlines various requests made in Matter M12451, including submitting resumes, providing responses to board inquiries, updating cost-of-service studies, and adjusting rate calculations based on changes in demand and credit assumptions.

______________ p. p. 0
______________ DATE UND# DESCRIPTION REQUESTED OF FOR DUE DATE January 8, 2026 U-12 To provide the Gannett Fleming model that demonstrates the crossover point between the ALG and ELG methods taking into account both depreciation and rate b...

AI summary The document outlines several requests made by The Board and other parties to NSPI, including providing models related to depreciation and rate base effects, clarifying the source of a FAM disallowance, updating cost of capital models, and assessing the impact of FAM and DSM riders on customer class rates.

100759Closing Submission - NDP 1 passage
Section 2
ons in profit while charging some of the highest power rates in the country. Meanwhile, household incomes are stagnant, people's data has been breached, and trust in the utility is at an all-time low. Already this winter, families have bee...

AI summary The document highlights Nova Scotia Power's high profit margins and elevated power rates amid stagnant household incomes and energy affordability crises. Evidence suggests measures like energy efficiency, reduced coal reliance, and revised rate calculations could alleviate pressure on residents. Efficiency Nova Scotia's 2023 study found 43% of households spend over 6% of income on energy. Dr. Sean Cleary advocates for a lower rate of return for Nova Scotia Power, while the Board's lawyer, Bill Mahody, questions billing accuracy. Exhibit N-77 proposes a cost-of-service methodology to fairly distribute rate increases.

100767Closing Submission - Liberal Caucus 4 passages
Section 1 p. p. 0
January 30, 2026 Nova Scotia Energy Board 3rd Floor, Summit Place 1601 Lower Water Street Halifax, Nova Scotia B3J 3P6 Closing Submission Re: Matter M12451 Members of the Board, Thank you for the opportunity to make closing submissions reg...

AI summary Nova Scotia Power's general rate application is challenged by the Nova Scotia Liberal Caucus, who argue the utility's repeated rate requests and unreliable service justify minimizing the increase. The Board is urged to consider Nova Scotia Power's delayed filing, which allowed costs to accumulate, and the use of a minimum system method over a more customer-friendly basic customer method, as recommended in a Connecticut decision.

Section 2 p. pp. 0-1
sic customer method. Switching to a basic customer method to determine cost of service, as recommended in a recent decision in Connecticut (Exhibit N-44), could reduce the increase faced by customers. As the Board is aware, this applicatio...

AI summary Nova Scotia Power seeks an 8% rate increase over two years, but stakeholders argue that serial increases burden customers. The Board is urged to adopt multi-year rate structures, citing Section 64A(2B) of the Public Utilities Act. Evidence shows customer financial strain, including arrears and disconnections, following prior rate hikes and storm recovery charges.

Section 3 p. pp. 1-2
ic Utilities Act to order staged or multi-year general rate increases. We encourage the Board to approve five-year rate increases moving forward, to provide stability and predictability for customers. The Board also heard evidence concerni...

AI summary The document advocates for five-year rate increases to ensure customer stability, highlights billing instability from Nova Scotia Power's cybersecurity incident, and criticizes the utility's ongoing reliability failures. It argues that systemic issues in planning, risk allocation, and governance require an independent review to restore public confidence and ensure fair rate decisions.

Section 4 p. pp. 1-2
operations, governance, and long-term planning is warranted. Such a review would provide transparency, restore public confidence, and ensure that future rate applications are grounded in credible planning, accountability, and service outco...

AI summary The letter calls for a regulatory review of Nova Scotia Power's (NSP) operations and governance to ensure transparency and accountability. It urges the Board to limit rate increases, implement a five-year rate plan for stability, and address NSP's management failures that have burdened ratepayers with excessive costs.

100769Closing Submission - REI 7 passages
Background p. pp. 0-1
Background REI is an intervenor in M12451, however, due to confidentiality restrictions did not receive a full copy of the COSS outputs for 2026 and 2027 until after the GRA Hearing1 . REI believes that if information was available earlier...

AI summary REI, an intervenor in M12451, highlights delays in accessing 2026/2027 COSS data, which hindered early resolution of issues in the GRA process. Concerns include inconsistent application of demand cost allocation and causation by rate class in the OATT, with calls for accuracy in Standby and Demand Tariffs. REI references section 6(2) of the Energy and Regulatory Board Act, emphasizing competition and innovation in rate design.

i. Technical issues p. pp. 1-2
i. Technical issues There appears to be inconsistencies between COSS Exhibits provided in Exhibit N-67 and the OATT calculations provided in Exhibit N-17(i). These inconsistencies may have a material impact on the calculation of OATT rates...

AI summary Inconsistencies between COSS Exhibits and OATT calculations for 2026 and 2027 are highlighted, particularly in coincident factors (91.7% vs. 78.6%) and system peak assumptions (1,778MW vs. 2,095MW). These discrepancies could significantly affect OATT rates, with a 14% reduction in monthly billing rates if corrected. REI notes errors requiring resolution.

ii. Minor issue in OATT Ancillary service revenue requirement p. p. 2
ii. Minor issue in OATT Ancillary service revenue requirement As highlighted in REI's Submission regarding 2026 Annually Adjusted Rates7 , there are at least two inconsistencies between GRA SR-01 ATT 12 – Summary Rates8 , and ATT 11 – Anc...

AI summary The text identifies inconsistencies between hardcoded MW figures in GRA SR-01 ATT 12 and ATT 11 – Anc Serv – Fig 6.89, as noted in REI's 2026 rate submission. REI acknowledges these discrepancies may not materially affect rates but emphasizes the need for rectification in record keeping.

iii. Impact p. pp. 2-3
iii. Impact Both coincident factors and system peaks feed into the transmission and ancillary service portions of the OATT. The OATT costs per MW would be lower, if the figures in the updated COSS were used. 2 N-17(i) - GRA SR-01- Att 11 –...

AI summary The updated COSS would lower OATT costs. Discrepancies in coincident factors may lead to higher rates for LRS customers, causing overcollection and inconsistent pricing, violating Energy and Regulatory Board Act principles of competition.

iv. Suggested action/changes p. p. 3
iv. Suggested action/changes We respectfully request that the Board direct NSPI to ensure consistency and accuracy between the COSS and the OATT calculations. Consideration should also be given to updating the OATT calculation process to a...

AI summary The request urges the Board to direct NSPI to ensure consistency between COSS and OATT calculations and update OATT to align with rate class causation from the latest COSS. This aims to improve accuracy and regulatory alignment in transmission tariff processes.

i. FAM Forecast accuracy and process p. pp. 3-5
i. FAM Forecast accuracy and process REI submits that increased accuracy in fuel forecasts is not only beneficial for NSP customers, as interest on fuel cost deferrals is avoided, but also essential for encouraging competition in Nova Scot...

AI summary REI argues that NSP's inaccurate FAM forecasts have caused persistent deficits, unfair market conditions, and requests improved forecasting and adherence to FAM POA. They cite the Energy and Regulatory Board Act and reference M12551, highlighting structural biases in forecasting and impacts on competition.

3. Conclusion p. p. 5
3. Conclusion REI appreciates the Boards consideration of these issues, and the timing in which information was made available to REI to consider and inquire upon. REI respectfully requests that the Board directs NSPI to: - i. Recalculate...

AI summary REI appreciates the Board's consideration and requests recalculating OATT rates for consistency with COSS and updating FAM's fuel cost methodology to improve accuracy. The request emphasizes aligning rates with causation principles and addressing deferred fuel costs.

100770Closing Statement - CA 8 passages
Preamble
20 26 34 39 44 27 The GRA includes average rate increases across all customer classes of approximately 2.1% a year 28 in each of the two test years, 2026 and 2027. The rate increases for the Residential Class are 29 greater than the averag...

AI summary The GRA includes average rate increases of 2.1% annually for all customer classes, with higher increases for residential customers due to changes in the Cost of Service Model. The Consumer Advocate supports the GRA, noting reductions in revenue through cost cuts. A Board proceeding will review the Cost of Service Model, and improvements to riders and the Demand Side Management Program are included.

10 The Board Should Accept the Settlement Agreement
10 The Board Should Accept the Settlement Agreement 11 12 The GRA and the Settlement Agreement on which it is based are the product of months of 13 consultation among Nova Scotia Power and its Customer Representatives, supported by expert...

AI summary The Settlement Agreement and GRA resulted from extensive consultations between Nova Scotia Power, Customer Representatives, and expert consultants. All parties made concessions, and the Agreement received support from customer groups and expert reviews, which did not recommend its rejection. The Board is urged to accept the Agreement as just, reasonable, and in the public interest.

36 The Board's Approach to Settlement Agreements
36 The Board's Approach to Settlement Agreements 37 38 Although the Board was created by legislation passed in 2024, it has inherited much of the statutory 39 framework and jurisprudence that guided the predecessor Board. The UARB had a we...

AI summary The NSUARB's approach to settlement agreements is based on inherited principles from the predecessor UARB. The 2022 General Rate Application by Nova Scotia Power was resolved via a Settlement Agreement, with the Board referencing a 2008 decision outlining settlement principles.

12 GRA Issues
12 GRA Issues 13 14 The Consumer Advocate proposes to review the following issues that arise in the Settlement 15 Agreement and the GRA: 16 - 17 Proposed rates and the Cost of Service Study - 18 Depreciation - 19 Securitization - 20 Treatm...

AI summary The Consumer Advocate proposes reviewing four GRA issues: proposed rates and cost-of-service study, depreciation, securitization, and treatment of PHP. These issues arise in the Settlement Agreement and GRA, requiring NSUARB evaluation.

Section 13
2 3 The imbalance in the rate increases for the different rate classes is primarily the result of changes 4 to the Cost of Service Model adopted by Nova Scotia Power following a review in 2024 of the 5 allocation of costs among rate classe...

AI summary The rate increases for the Residential class are disproportionately higher due to changes in Nova Scotia Power's Cost of Service Methodology, increased contribution to demand peaks, and the use of the Minimum System Method for cost allocation. This method is criticized for unfairly disadvantaging the Residential class.

13 C. Securitization
13 C. Securitization 14 15 A key feature of the GRA and the Settlement Agreement is the securitization of the thermal assets 16 of the Utility, which it values at approximately $700 million dollars. Securitization would remove 17 the net b...

AI summary The document discusses the securitization of Nova Scotia Power's thermal assets valued at $700 million, which would reduce its rate base and revenue requirements. However, securitization depends on provincial regulations yet to be issued. Nova Scotia Power seeks to defer costs until securitization is approved, but Premier Tim Houston has raised concerns about asset valuation. Failure to secure securitization could lead to revising the GRA and higher rates.

16 D. Port Hawkesbury Paper
16 D. Port Hawkesbury Paper 17 18 The Cost of Service study that underpins the Settlement Agreement and the resulting GRA includes 19 Port Hawkesbury Paper ("PHP") as an above-the-line customer based on forecasts of receiving 20 Board appr...

AI summary The Port Hawkesbury Paper (PHP) is classified as an above-the-line customer in the Settlement Agreement, which affects cost allocation. However, there is a dispute between PHP and Nova Scotia Power over the firm demand load under the new tariff, with PHP arguing for a lower load level. This dispute could impact cost allocation across rate classes and the approval of the new tariff.

22 Conclusion
22 Conclusion 23 24 As has been noted several times in these submissions, the Consumer Advocate supports the 25 outcomes of the GRA, which are based on the Settlement Agreement to which the Consumer 26 Advocate is a party. However, it must...

AI summary The Consumer Advocate supports the GRA outcomes based on the Settlement Agreement but highlights uncertainties around securitization of Nova Scotia Power's thermal assets and Port Hawkesbury Paper's inclusion as an above-the-line customer. These uncertainties could affect revenue requirements and future rate approvals.

100771Closing Submission - PHP 3 passages
Preamble p. p. 0
David MacDougall Direct +1 (902) 444 8561 Purdy's Wharf Tower II 1300-1969 Upper Water Street PO Box 730 Halifax NS Canada B3J 2V1 Tel +1 (902) 425 6500 Fax +1 (902) 425 6350 [email protected] January 30, 2026 Ms. Crystal Hen...

AI summary Port Hawkesbury Paper LP (PHP) submits closing remarks supporting approval of the Consensus Agreement for Nova Scotia Power Inc.'s 2026 General Rate Application (GRA). The agreement, reached through extensive collaboration, addresses most GRA issues, with only minor exceptions. PHP argues the Board should approve the Consensus Agreement as is, emphasizing its public interest alignment and the collaborative process, while opposing specific adjustments to the Cost of Service Study (COSS) and depreciation deferral timing.

1. The COSS Should Be Approved Consistent with the Consensus Agreement p. p. 0
1. The COSS Should Be Approved Consistent with the Consensus Agreement Prior to the current proceeding, NS Power's COSS has been subject to a full review only once since 1995. At paras. 56-57 of its November 29, 2011 decision approving NS...

AI summary NS Power's COSS has been reviewed periodically, with the Board directing updates in 2011 and 2022. The 2022 Settlement Agreement mandates a new COSS by 2025, reflecting developments like renewable integration, gas generation, and energy storage. The Board requires semi-annual progress reports starting 2024.

2. The Securitization Deferral Should Only Begin When New Rates Take Effect p. p. 0
2. The Securitization Deferral Should Only Begin When New Rates Take Effect NS Power's GRA requests approval of revenue requirements for the utility and requests adjustments to electricity rates for 2026 and 2027, effective January 1, 2026...

AI summary NS Power's GRA seeks rate adjustments for 2026-2027 effective January 1, 2026, aligning with the Consensus Agreement. The GRA also requests temporary deferral of depreciation and financing costs if securitization is delayed, using WACC. NS Power clarifies this deferral request is not part of the Settlement or Consensus Agreement.

100776Closing Submission - DOE 8 passages
BEFORE THE NOVA SCOTIA ENERGY BOARD p. p. 0
BEFORE THE NOVA SCOTIA ENERGY BOARD IN THE MATTER OF The Public Utilities Act, R.S.N.S. 1989, c.380, as amended -and - IN THE MATTER OF A General Rate Application by Nova Scotia Power Incorporated for approval of certain revisions to its R...

AI summary The Nova Scotia Energy Board is considering Nova Scotia Power Incorporated's general rate application (M12451) for 2026-2027 revisions to rates, charges, and regulations. The Department of Energy, Government of Nova Scotia, submitted closing arguments under the Public Utilities Act, R.S.N.S. 1989, c.380.

Overview p. pp. 0-2
Overview - 1. The Department of Energy (the "Department") submits that the Board should reject NS Power's rate change request in its entirety as NS Power has failed to satisfy its burden of proof under Section 45 of the Public Utilities Ac...

AI summary The Department of Energy opposes NS Power's rate change request, arguing it fails to meet the burden of proof under the Public Utilities Act to justify proposed rates as just and reasonable. Economic pressures and energy poverty (40% of Nova Scotians spending over 6% of income on energy) are highlighted as critical factors. The Province emphasizes its statutory duty to protect public interest in utility regulation.

Return on Equity p. p. 2
Return on Equity - 22. The Department submits that NS Power's ROE should be set at 7.6%, as recommended by Dr. Cleary[5](#page-4-0) . This is less than the 9% ROE NS Power currently receives and will save ratepayers money. - 23. Even if th...

AI summary The Department recommends setting NS Power's ROE at 7.6% to save ratepayers money, citing Dr. Cleary's analysis. The Consensus Agreement panel previously supported the existing 9% ROE, but the Department argues this is against public interest due to reliability issues. NS Power did not rebut Dr. Cleary's evidence, which shows NS Power has exceeded allowed ROE in multiple years.

Preamble p. pp. 4-6
- 32. NS Power's extended period without delivering a depreciation study raises a material issue as to whether NS Power obtained higher-than-appropriate returns because of these delays, particularly considering the concerns noted respectin...

AI summary The Department criticizes NS Power for delaying the submission of depreciation studies, arguing that this may have resulted in excessive returns to the utility and higher rates for ratepayers. The Department emphasizes that regulatory requirements, including coal phase-out by 2030, should have been reflected in asset valuations, and that depreciation studies should be updated in line with industry benchmarks and regulatory best practices.

Why asset valuation accuracy matters now more than ever. p. p. 7
. The ruling established that MEUs are responsible for paying stranded costs in certain circumstances. - 56. Interestingly, in a settlement agreement reached in respect of the 2022 rate increase application - Settlement Agreement – Nova Sc...

AI summary The text discusses a ruling on MEUs paying stranded costs, referencing a 2012 Board decision reaffirmed in a 2022 settlement agreement (M10431). NS Power emphasizes the continued application of this principle to other entities, while questioning whether NS Power mitigated risks by investing in coal assets starting in 2011.

Interest on deferred liabilities p. pp. 14-15
Interest on deferred liabilities - 106. In the last NS Power GRA, matter M10431, the Department requested that the Board reject NS Power's request for creation of a Decarbonization Deferral Account in part because of the lack of any curren...

AI summary The Department opposes NS Power's request to defer expenses and financing costs at WACC, arguing that section 64AB of the Public Utilities Act mandates the Bank of Canada policy rate plus 1.75% for regulatory deferrals. NS Power seeks interim deferral at WACC pending securitization, but the Department emphasizes legislative compliance. The Board previously allowed a Decarbonization Deferral Account (DDA) with the default legislated rate in M11220.

Timing of any rate increase awarded. p. pp. 16-17
Timing of any rate increase awarded. - 119. As a result of the cyber-attack, NS Power was unable to deliver accurate bills to customers, resulting in estimated bills which have in many cases been well above what ratepayers were charged for...

AI summary The document discusses the impact of a cyber-attack on NS Power's billing accuracy, with only 400,000 of 550,000 meters restored. The Department raises concerns about data accuracy, meter restoration timelines, and the fairness of prorating rates during high winter usage. It argues that rate increases should not take effect until current usage is not charged at higher rates, with costs of delays borne by shareholders.

Summary p. pp. 17-18
Summary - 124. In summary, the Department of Energy respectfully requests as follows: - a. That the Board reject the requested rate changes. - b. That NS Power's ROE be set at 7.6%. - c. That the Board take steps to ensure that NS Power's...

AI summary The Department of Energy requests the Board to reject NS Power's rate changes, set ROE at 7.6%, write down coal assets, deny Lingan 2 investment, avoid securitization, reject labour cost increases, maintain deferred liability calculations, address cyber-attack costs, and delay rate hikes until ratepayer liability is confirmed. It also urges mitigation of ratepayer impacts.

100777Closing Submission - IG 10 passages
Delivered by E-mail p. p. 0
Delivered by E-mail Crystal Henwood Regulatory Affairs Officer/Clerk Nova Scotia Energy Board 3rd Floor, 1601 Lower Water Street PO Box 1692, Unit "M" Halifax NS B3J 3S3 Dear Ms. Henwood: Re: M12451 – NSPI – 2026-2027 General Rate Applicat...

AI summary The Industrial Group supports NSPI's 2026-2027 GRA seeking 1.8% and 2.4% average rate increases, grounded in a Consensus Agreement. The submission addresses variations to PHP's deferral account and securitization-related timelines, citing prior consultations and a 18-month COSS process. The Consensus Agreement is deemed reasonable and in the public interest.

1) The Board's Approach to Settlement Agreements p. pp. 0-1
1) The Board's Approach to Settlement Agreements The Board has long encouraged collaborative, good-faith settlement processes as a means of narrowing issues, reducing regulatory burden, and improving outcomes for ratepayers. A settlement d...

AI summary The Board emphasizes settlement agreements as a means to streamline regulatory processes and ensure fair rates. It evaluates settlements based on factors like stakeholder involvement, alignment with public interest, and reasonableness of proposed rates, referencing past cases like Nova Scotia Power Inc. (Re) (2008 and 2023).

2) 2026-2027 GRA Settlement Process p. p. 1
2) 2026-2027 GRA Settlement Process Unlike conventional processes, most of the testing of evidence by customer representatives and their expert consultants was completed before the September 2025 filing of the GRA. Reflecting this timing,...

AI summary The 2026-2027 GRA Settlement Process involved pre-filing evidence testing by customer representatives, leading to a Consensus Agreement. The Industrial Group acknowledged the process's uniqueness, noting missing public responses to information requests but confirming thorough examination of NSPI's GRA proposal. The outcome was a balanced resolution favoring all customer classes and NSPI's reliability.

3) Key Terms Achieved p. pp. 3-4
act of rate changes for the 2026-2027 test period. At the time of negotiations, the 2026 DSM Plan decision was pending, and the AA/BA filing was anticipated, with a material forecasted FAM balance. While the GRA (and media reports) paint t...

AI summary The document discusses rate changes for the 2026-2027 test period, noting that Large and Medium Industrial customers will face significant rate increases once riders are included. NSPI committed to working with affected parties under the Consensus Agreement. Amendments to the DSM Rider and concerns over EfficiencyOne's mid-course adjustments are highlighted.

4) The Board Should Not Modify Individual Components of the Agreement p. pp. 4-7
4) The Board Should Not Modify Individual Components of the Agreement The Consensus Agreement reflects interconnected trade‑offs across rate classes. Adjusting individual elements, particularly without a full evidentiary record of each par...

AI summary The Consensus Agreement's interconnected trade-offs across rate classes should not be modified without a full evidentiary record, as adjusting individual elements risks disrupting the balance. NSPI uses the Equal Life Group (ELG) methodology for depreciation, while the Board's consultant suggested the Average Life Group (ALG) method. Evidence shows both are accepted.

1) The PHP Tariff Application Differs from the Settled Terms p. pp. 7-9
1) The PHP Tariff Application Differs from the Settled Terms The wording in the Consensus Agreement in relation to "PHP Treatment" is the lengthiest section and was intentionally drafted. At the time of the negotiation and the filed GRA, t...

AI summary The PHP Tariff Application deviates from settled terms, as the Consensus Agreement's 'PHP Treatment' section was intentionally drafted without a successor rate. NSPI's applied COS model incorporates fuel cost savings and fixed costs but omits quantifying 'active demand control' (ADC), which was intended for negotiation. Clause (f) allows parties to challenge the tariff's alignment with load characteristics, while clause (g) permits NSPI to request a deferral account due to assuming PHP would be ATL in 2026.

SECURITIZATION OF THERMAL ASSETS p. p. 9
SECURITIZATION OF THERMAL ASSETS

AI summary The document addresses the securitization of thermal assets, a process involving the restructuring of energy infrastructure financing. Key entities include Nova Scotia Power Inc. (NSPI) and regulatory bodies like the Nova Scotia Utility and Review Board (NSUARB). The discussion likely involves cost-of-service studies (COSS) and rate adjustment mechanisms.

1) Support for proposed Securitization p. p. 10
Board has previously found to be prudently incurred by NSPI, but which can no longer be feasibly depreciated under traditional methods considering the Province's legislated decarbonization objectives. Not only have customer representatives...

AI summary Support for NSPI's proposed thermal asset securitization is highlighted, citing benefits like improved credit metrics, lower rates, and alignment with decarbonization goals. S&P and DBRS Morningstar reports, along with the Deputy Minister's letter, affirm securitization's value. The Industrial Group and Province (via Deputy Minister Karen Gatien) endorse the plan despite public concerns from the Premier.

2) Securitization Deferral Account p. pp. 10-11
2) Securitization Deferral Account In its December 22, 2025 correspondence, NSPI proposed establishing a securitization deferral account effective January 1, 2026. This proposal was not part of the Consensus Agreement. NSPI testified that...

AI summary NSPI proposed a securitization deferral account effective January 1, 2026, outside the Consensus Agreement. It depends on regulatory approval, with timelines uncertain due to political factors. The Industrial Group supports a prospective deferral account tied to new rates, avoiding retroactive creation and double recovery of embedded costs.

CONCLUSION p. p. 11
CONCLUSION The Industrial Group respectfully requests that the Board: - 1. Endorse and approve the Consensus Agreement as drafted, recognizing it as a principled and balanced framework reached through substantial negotiation and informed r...

AI summary The Industrial Group requests the NSUARB to approve the Consensus Agreement without modifications, consider full rate impacts on Large Industrial customers, define PHP Deferral Account parameters, declare securitization as public interest, and reject retroactive deferrals. Key considerations include ratepayer impacts, COSS allocations, and regulatory frameworks.

100778Closing Submission - SBA 2 passages
16 MINIMUM SYSTEM METHOD v. BASIC CUSTOMER METHOD
16 MINIMUM SYSTEM METHOD v. BASIC CUSTOMER METHOD - 17 One of the terms of the Settlement Agreement was with respect to the Cost-of-Service (COS) - 18 methodology, namely the use of the Minimum System Method for the duration of the test pe...

AI summary The document discusses the use of the Minimum System Method versus the Basic Customer Method under a Settlement Agreement. Expert evidence from Caroline Palmer recommends continuing the Minimum System Method until a separate application determines an alternative methodology. The SBA supports this, citing impacts on domestic rate classes and the need for thorough analysis.

1 SECURITIZATION
1 SECURITIZATION - 2 The concept of securitization has been before this Board on a number of occasions, usually as a - 3 recommendation to NSPI to explore. In this GRA, NSPI is proposing that it will undertake - 4 securitization of the ass...

AI summary NSPI proposes securitization of $700 million in DDA assets, pending regulations. The SBA argues this benefits current ratepayers (including small businesses) at future cost, aligning with utility rate-making practices. Securitization's approval is not before the Board but is critical to the GRA, with potential financial impacts if unapproved.

100779Closing Submission - MEUs 7 passages
Section 1 p. p. 0
January 30, 2026 James A. MacDuff Direct +1 (902) 444 8619 [email protected] Purdy's Wharf Tower II 1300-1969 Upper Water Street PO Box 730 Halifax NS Canada B3J 2V1 Tel +1 (902) 425 6500 Fax +1 (902) 425 6350 Ms. Crystal Hen...

AI summary The Berwick Electric Commission, Riverport Electric Light Commission, and the Towns of Antigonish and Mahone Bay submit closing remarks supporting approval of a Consensus Agreement with Nova Scotia Power Inc. (NS Power) for its 2026 General Rate Application (GRA). The submission references the Board's 2008 decision emphasizing the value of settlement agreements in the public interest.

Section 2 p. p. 0
ct a settlement agreement it did not consider to be in the public interest, however, it should be understood that a properly supported settlement is a success of the regulatory process, not a failure. The Board decisions considering settle...

AI summary The document discusses the regulatory process surrounding a settlement agreement for NS Power and Eastward Energy, emphasizing that properly supported settlements are successes of the process. The Consensus Agreement from August 2025 addresses Cost of Service (COS) and revenue requirements for 2026-2027, with future methodology changes subject to a 2026 Board proceeding.

Section 3 p. p. 0
iod will be subject to a future proceeding and determination by the Board, for which an application will be made in 2026 and in which parties are free to take any position they so choose…" 2 The MEUs agree with NS Power's Panel in acknowle...

AI summary MEUs agree with NS Power's Panel that the Board is not bound by the Consensus Agreement and must ensure just rates. However, MEUs emphasize that the continuation of the Minimum System methodology through 2026/2027 was critical to their agreement. They note that without confirmation of this methodology's future use, they would not have participated in the Consensus Agreement.

Section 4 p. p. 0
thodology would continue at least through 2026 and 2027, with a full opportunity to argue in favour of its continued use going forward, the MEUs would not have been a party to the Consensus Agreement. As the Board is aware, the MEUs curren...

AI summary The document discusses the controversy over the Minimum System methodology versus the Basic Customer method in utility rate-making, with MEUs and NS Power supporting the former. Synapse favors the Basic Customer method, while the Minimum System is recognized in Canada and approved in Nova Scotia. The MEUs are not parties to the Consensus Agreement, and the Board is aware of their use of the Minimum System.

Section 7 p. p. 0
e three usual allocators of customer energy and demand, but in these circumstances the customer still remains, in my opinion, the closest allocator to use, the closest cost driver." 6 The MEUs agree. NS Power's analysis in Undertaking U-5...

AI summary The document discusses the impact of using the Basic Customer Method and modifying the Minimum System methodology on Municipal Tariff increases, with MEUs agreeing with NS Power's analysis. It highlights that alternatives to the Minimum System method should be considered via the Consensus Agreement in a separate process, as Synapse's 1.5 kW credit suggestion lacks NS Power-specific analysis.

Section 9 p. p. 0
rting the outstanding balances owed to debt, which carries a lower cost of capital and does not provide NS Power with the opportunity to earn any further return on equity in relation to those amounts. It is worth noting that NS Power was i...

AI summary NS Power initially opposed securitization in its 2022-2024 GRA, citing lower cost of capital and no return on equity. The Board directed an investigation into securitization after NS Power failed to address it in its DDA application (M11220). The Energy Reform Act (2024) and subsequent Board decisions prompted NS Power to engage in securitization to reduce costs below WACC.

Section 11 p. p. 0
ion in 2027." 11 See 2025 NSUARB 33 at paras. 30-38 and 2025 NSUARB 2 at paras. 67-69. 12 M10431, Exhibit N-41, NSPI (NSUARB) IR-151(b). MCINNES COOPER Page 5 January 30, 2026 In response to IR-7 from the Board's consultant, Morrison Park...

AI summary The MEUs argue against deferring depreciation and financing costs for securitization until January 1, 2026, suggesting that deferral should begin only after new rates are approved without these costs. They emphasize the value of moving securitization forward quickly for ratepayers.

100780Closing Submission - NSPI 12 passages
Nova Scotia Energy Board p. p. 3
Nova Scotia Energy Board IN THE MATTER OF The Public Utilities Act, R.S.N.S. 1989, c.380, as amended - and - IN THE MATTER OF an Application by Nova Scotia Power Incorporated for Approval of Certain Revisions to its Rates, Charges, and Reg...

AI summary The Nova Scotia Energy Board is considering an application by Nova Scotia Power Incorporated under the Public Utilities Act for revisions to its rates, charges, and regulations. The proceeding involves regulatory approval for proposed changes to utility pricing structures.

2026-2027 General Rate Application p. p. 3
2026-2027 General Rate Application NS Power Closing Submission NON-CONFIDENTIAL January 30, 2026

AI summary Nova Scotia Power Incorporated (NSP) submitted its closing non-confidential filing for the 2026-2027 General Rate Application on January 30, 2026, under the Revised Statutes of Nova Scotia (R.S.N.S.).

1.0 INTRODUCTION AND OVERVIEW p. p. 3
1.0 INTRODUCTION AND OVERVIEW In this proceeding, Nova Scotia Power (NS Power, Company)seeks approval from the Nova Scotia Energy Board (NSEB or Board) of its revenue requirements and associated rate adjustments for the 2026 and 2027 test...

AI summary Nova Scotia Power (NSP) seeks approval for 1.8% and 2.4% annual rate increases in 2026 and 2027, with higher residential increases and industrial decreases. A Settlement Agreement, supported by advocates and stakeholders, outlines collaborative cost-of-service study outcomes. The agreement balances rate adjustments and reflects consensus-building efforts.

Section 14 p. pp. 6-7
r panel at pages 604-612 of the transcript, in particular, as it related to considerations of the FAM balance, how it will be dealt with, and the potential layering effect of it in the context of the proposed rates in this GRA. The fact th...

AI summary The text references a discussion regarding the FAM balance and its potential layering effect in the context of proposed rates within the GRA. It also cites a previous decision by the NSUARB from 2008.

Preamble p. pp. 12-43
price forecasts citing timing of settlement negotiations and their observation that there were no major changes regarding commodity futures prices that would require an update to rates.[18](#page-13-0) Further, when asked whether the 2025...

AI summary Bates White confirmed no major changes in load forecasts or fuel cost-related rate increases. They made two recommendations: confirming the scope of the PHP Deferral Account includes the Goose Harbour Lake wind project and providing more narrative on sustaining capital costs for Lingan Unit 2. NS Power confirmed the inclusion of the wind project in the PHP Deferral Account.

3.4.4 Impact of ALG on FFO-to-Debt p. pp. 20-21
3.4.4 Impact of ALG on FFO-to-Debt - NS Power provided Undertaking 7 which provides the forecast S&P and DBRS cashflow-to-debt - metrics under the ALG calculation procedure and further, to show the true difference with the $20 - million re...

AI summary NS Power's Undertaking 7 shows that the depreciation reductions from the settlement have already impacted FFO-to-debt ratios. Adopting the ALG methodology would further reduce FFO-to-debt to 11.0–11.5 percent, worsening the financial profile as noted by Mr. Wiedmayer.

3.5.2 Book Value of Coal Assets p. p. 24
NS Power's annual financial statements are prepared in accordance with applicable accounting standards and are independently audited, and the Company's Management's Discussion and Analysis (MD&A) is filed quarterly and publicly disclosed....

AI summary NS Power's financial statements comply with accounting standards and Board policies, with external audits and NSEB reviews. The DDA (Matter M11220) allows cost recovery via alternative mechanisms. The Energy Reform (2024) Act (Bill 404) enables securitization through amendments to the Public Utilities Act, signaling legislative intent. The Province remains committed to developing the regulatory framework.

3.7.2 Outcome of PHP remaining below-the-line One of the concerns raised during the hearing was the potential impact on the GRA if PHP does not ultimately take service under an above-the-line tariff in 2027, and what alternative arrangements might apply.[59](#page-33-2) The NS Power panel explained that while the precise alternative would depend on the circumstances, PHP would necessarily take service either below-the-line or above-the-line, and NS Power would work to ensure that an appropriate arrangement is in place when the current ELIADC Tariff expires at the end of 2026.[60](#page-33-3) If PHP elects not to take service under the new ELIDT, then it is expected that the existing ELIADC Tariff would form the baseline for any required true-up calculation for as long as it remains in place. [61](#page-33-4) 12 However, to the extent that an entirely different tariff (i.e. not the ELIDT or the ELIADC) is in place at some point during the 2026-2027 period, then it is expected that tariff would then form the baseline. To help illustrate the potential magnitude of the impacts in this scenario, NS Power indicated at Exhibit 74 (Undertaking-2), that the forecast PHP Deferral amount, if PHP remains on the ELIADC Tariff for all of 2026, would be anticipated at $18.2 million. In addition, a fuel balance amount of approximately $5.7 million is anticipated to be recorded under the FAM.[62](#page-33-5) 3.7.3 Criticality of the PHP Deferral In light of the acknowledged uncertainty regarding PHP's ultimate tariff treatment in the test period, the changes in load caused by the onset of the Goose Harbour Lake wind project, and the likely material magnitude of the associated revenue and cost impacts, the need for a deferral mechanism is both evident and prudent.[63](#page-33-6) As noted by Bates White in its evidence, given the p. pp. 33-37
enue and cost impacts, the need for a deferral mechanism is both evident and prudent.[63](#page-33-6) As noted by Bates White in its evidence, given the DATE FILED: January 30, 2026 Page 34 of 55 Transcript, January 7, 2026, pages 66-72 (P...

AI summary The text discusses concerns regarding the potential impact on the GRA if PHP does not take service under an above-the-line tariff in 2027, with NS Power explaining that PHP would take service either below-the-line or above-the-line. It also highlights the forecast PHP Deferral amount and the importance of a deferral mechanism due to uncertainty and potential revenue and cost impacts.

1 proceeded on that basis and have developed a full and sufficient record to support the resulting p. p. 39
1 proceeded on that basis and have developed a full and sufficient record to support the resulting 2 cost allocation and rate design outcomes. 3 4 As a final, related matter, a blanket change from the Minimum System Method to the Basic 5 C...

AI summary The document discusses the cost allocation and rate design outcomes, noting that a change in method may not lower customer charges. It also mentions the continuation of the Storm Cost Recovery Rider Pilot and the Revenue-to-Cost ratios for customer classes.

DATE FILED: January 30, 2026 Page 41 of 55 p. pp. 40-41
DATE FILED: January 30, 2026 Page 41 of 55 1 3.10 Cost of Capital and Capital Structure 2 3 As noted at Section 10.1 of the Direct Evidence, NS Power requires a significant amount of capital 4 to invest in its assets and infrastructure to...

AI summary The document discusses NS Power's need for capital investment in infrastructure, emphasizing the importance of recovering costs over time. It mentions the Settlement Agreement, which sets a 9.0 percent return on equity (ROE) and a 40 percent equity ratio for rate-setting purposes. The text also references the Fair Return Standard and Stand-Alone Principle, highlighting the regulatory considerations in determining a fair return for the company.

4.0 LONGER-TERM PLANNING AND REGULATORY CONSIDERATIONS p. pp. 51-52
4.0 LONGER-TERM PLANNING AND REGULATORY CONSIDERATIONS - This section is intended to address forward-looking initiatives raised throughout the course of this - GRA proceeding, namely: - (1) The future of Hydro in Nova Scotia; and - (2) The...

AI summary This section addresses two key initiatives from the GRA proceeding: the future of Hydro in Nova Scotia and the viability of Multi-year Performance Based rate plans. Both topics are highlighted as forward-looking regulatory considerations requiring detailed analysis.

4.2 Multi-year and Performance Based rate plans p. pp. 52-53
4.2 Multi-year and Performance Based rate plans detailed consideration would be appropriate. NS Power agrees that multi-year and performance-based rate plans warrant consideration. In theory, these plans could assist with providing for mor...

AI summary NS Power acknowledges the potential benefits of multi-year and performance-based rate plans for predictable rate increases but highlights implementation complexities. The discussion includes regulatory regime improvements, decarbonization goals, and the role of IESO-NS in altering existing mechanisms like FAM and regulatory responsibilities.

100862Reply Submissions - CA 2 passages
Section 1 p. p. 0
Please refer to: David Roberts Email: [[email protected]](mailto:[email protected]) Assistant: Alissa Whalen Assistant's email: [[email protected]](mailto:[email protected]) February 6, 2026 VIA EMAIL: crystal.henwood...

AI summary The Consumer Advocate responds to Nova Scotia Power's 2026 General Rate Application (GRA), emphasizing that the GRA is based on a Consensus Agreement aiming to balance fair rates with utility obligations. The Advocate highlights that Cost of Service principles caused uneven rate increases and argues for a methodology review as outlined in the Consensus Agreement.

Section 2 p. p. 0
ervice methodology that was applied in the GRA. The Consumer Advocate submits this review is the appropriate way to deal with the Cost of Service issue that was identified in the Consensus Agreement. Several parties emphasized in their clo...

AI summary The Consumer Advocate emphasizes reviewing the GRA's methodology to address the Cost of Service issue from the Consensus Agreement. Parties highlight the need for certainty in unresolved GRA elements, particularly securitizing Nova Scotia Power's thermal assets. Securitization could reduce rates by removing $700M from the rate base, with hopes for provincial agreement on implementation.

100863Reply Submissions - NS Power 12 passages
Nova Scotia Energy Board
Nova Scotia Energy Board IN THE MATTER OF The Public Utilities Act, R.S.N.S. 1989, c.380, as amended - and - IN THE MATTER OF an Application by Nova Scotia Power Incorporated for Approval of Certain Revisions to its Rates, Charges, and Reg...

AI summary The Nova Scotia Energy Board is handling a proceeding under the Public Utilities Act, R.S.N.S. 1989, c.380, regarding Nova Scotia Power Incorporated's application to revise its rates, charges, and regulations. The document outlines the legal context and the nature of the regulatory request.

Preamble
DATE FILED: February 6, 2026 Page 3 of 37 1 accordingly. The Board cannot, however, make rate decisions based solely on 2 reliability issues or current public opinion of the Utility. There are appropriate 3 sanctions a regulator can impose...

AI summary The NSEB emphasizes that rate decisions cannot be based solely on reliability issues or public opinion. Sanctions for inadequate service typically involve higher expenditures, not cost reductions, and generally do not include a moratorium on rate increases in a regulated utility environment.

9 Similarly, in the 2022-2023 GRA Decision, the Board held:
1 "represent the interests of small business". While, undoubtedly, elected officials' interest and 2 desire to represent their constituents is genuine, legitimate, and appropriate, the reality is that the 3 interest of their constituents i...

AI summary The Nova Scotia Energy Board (NSEB) considers submissions from elected officials while emphasizing the statutory roles of the Consumer Advocate (CA) and Small Business Advocate (SBA). NS Power responds to claims by the NDP and Liberal Caucuses regarding cost-of-service (COS) methodology, arguing its approach is unbiased. The NDP advocates for a less residential-biased rate estimation using Exhibit N-77, while the Liberal Caucus criticizes NS Power's minimum system method, citing Connecticut's basic customer method (Exhibit N-44) as an alternative.

11 NS Power's response:
11 NS Power's response: - 12 The GRA process began with the fulsome Cost-of-Service-Study (COSS) process initiated in - 13 December of 2023 and this aspect of the GRA continues today with these submissions. NS Power - 14 also engaged subst...

AI summary NS Power defended its GRA process, emphasizing that it was thorough and involved extensive consultation with customer representatives, leading to significant customer savings. It refuted claims that the process was rushed or led to higher costs, citing a Settlement Agreement and savings of approximately $60 million. The Liberal Caucus criticized the utility's approach to rate applications and highlighted its forecasting capabilities.

DATE FILED: February 6, 2026 Page 7 of 37
DATE FILED: February 6, 2026 Page 7 of 37 1 2 3 4 to order staged or multi-year general rate increases. We encourage the Board to approve five-year rate increases moving forward, to provide stability and predictability for customers. 5 NS...

AI summary The text discusses the proposal for staged or multi-year general rate increases to provide stability and predictability for customers. NS Power explains that its GRAs are forward-looking and based on anticipated costs, but agrees that greater certainty is important and remains open to discussing changes to the regulatory framework.

1 3.0 REPLY TO THE CLOSING SUBMISSION OF THE DEPARTMENT OF ENERGY
1 anticipated environmental regulations and policy, there was no support to use the accelerated 2 retirement dates and recommended that the Board extend the lives and accordingly reduce 3 depreciation expense. 4 5 Arising out of this unani...

AI summary The response argues that the lack of a depreciation study between 2014 and 2022 was not unusual, as no rate adjustment was sought during this period. It highlights the 2011 Depreciation Settlement Agreement, which allowed NS Power to recover prudently incurred investments despite reduced depreciation rates. The Board approved this agreement (2011 NSUARB 64), and subsequent GRA proceedings followed standard practices.

8 NS Power's Response:
8 NS Power's Response: 9 - 10 1) OATT Calculations - 11 NS Power applied the approved OATT and COS methodologies, as amended in the Settlement - 12 Agreement, to determine the proposed bundled and OATT charges. The transmission costs are -...

AI summary NS Power applied approved OATT and COS methodologies from the Settlement Agreement to calculate bundled and OATT charges. Transmission costs are allocated to bundled rate classes using three winter month peaks (3CP), while open market services use twelve-month peaks (12CP). This approach was accepted in the 2005 OATT proceeding. NS Power clarifies that 3CP and 12CP allocation methods yield consistent results.

21 Timing of Securitization
21 Timing of Securitization - 22 The CA notes that it is unclear, based on the comment of the Minister of Energy, whether - 23 securitization has been delayed or if it's in fact unlikely to proceed, and refers to NS Power's prior - 24 stat...

AI summary The Consumer Advocate (CA) raises concerns about the uncertainty surrounding the timing of securitization, based on the Minister of Energy's comments, and references NS Power's previous statement about amending the GRA and returning thermal assets to the rate base if securitization is not possible.

25 CA Closing submissions, page 10, lines 9-10.
25 CA Closing submissions, page 10, lines 9-10. 1 amendment and reserves its position on any further application to amend the GRA before the 2 Board.26 When NS Power made that statement, it did so on the expectation that clarity on the 3 a...

AI summary NS Power argues that a Securitization Deferral is the appropriate tool to address uncertainty around securitization, avoiding changes to the current GRA application. The SBA and IG express concerns about the timing of the deferral, suggesting it should not begin until new rates are in place to prevent overcollection and ensure retroactive deferrals are avoided.

5 PHP notes:
5 PHP notes: 6 If NS Power's proposed rates were, in fact, approved effective January 1, 2026, the 7 costs of the assets to be securitized would have been removed from the revenue 8 requirements used to establish NS Power's new general rat...

AI summary NS Power proposes deferring securitization costs from January 1, 2026, despite new rates being effective later. Customers argue this would overcharge them. NS Power defends the deferral, citing prior rate caps, unrecovered costs, and the FAM safeguard. Five reasons are provided, including unreliable retroactive cost attribution and existing rate underperformance.

13 5.3 Treatment of PHP and the PHP Deferral
13 5.3 Treatment of PHP and the PHP Deferral 14 - 15 The PHP Deferral account is a targeted and necessary mechanism to address potential revenue 16 variances arising from differences between the Board-approved tariff(s) under which PHP wil...

AI summary The PHP Deferral account addresses revenue variances between Board-approved tariffs and GRA COSS assumptions. The CA raises concerns about PHP's status and potential $18M charges to other customers if PHP remains BTL. The IG objects to the deferral capturing unreasonable costs, while NS Power argues it is necessary and does not expand costs.

1 6.0 CONCLUSION
1 6.0 CONCLUSION 2 - 3 NS Power repeats and relies on the evidence presented in this proceeding in support of the relief - 4 sought in the GRA. The evidentiary record reflects extensive analysis, expert input, and detailed - 5 scrutiny of...

AI summary NS Power reiterates its evidence supporting the General Rate Adjustment (GRA), emphasizing extensive analysis and stakeholder collaboration. The proceeding highlights challenges in balancing cost pressures, reliability, affordability, and energy transition goals. NS Power reaffirms its commitment to transparency and ongoing engagement with the Nova Scotia Utility and Review Board (NSUARB) and stakeholders.

101354Board Decision 87 passages
IN THE MATTER OF THE PUBLIC UTILITIES ACT p. p. 5
IN THE MATTER OF THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF A GENERAL RATE APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of certain revisions to its Rates, Charges and Regulations BEFORE: Stephen T. McGrath, K.C., Chair...

AI summary Nova Scotia Power Inc. seeks approval for rate revisions under the Public Utilities Act. The proceeding involves multiple intervenors, including consumer advocates, small business representatives, and industry groups, with legal counsel from various organizations. The board members overseeing the case are Stephen T. McGrath, Roland A. Deveau, and Steven M. Murphy.

SWEB DEVELOPMENT p. p. 5
SWEB DEVELOPMENT Mason Baker BOARD COUNSEL: William L. Mahody, K.C. HEARING DATE(S): January 7-13, 2026 FINAL SUBMISSIONS: February 6, 2026 DECISION DATE: March 25, 2026 DECISION: The application is approved as amended by the Board. The re...

AI summary The Board approved Mason Baker's application as amended, with revised rates to be confirmed via a compliance filing. The hearing occurred January 7-13, 2026, with final submissions on February 6, 2026, and a decision on March 25, 2026.

1.0 SUMMARY p. pp. 5-7
1.0 SUMMARY - [1] The Nova Scotia Energy Board is keenly aware that electricity rates are already challenging for many customers, and any rate increase will be difficult, especially for those with low or fixed incomes. However, the Board d...

AI summary The Nova Scotia Energy Board cannot set special rates for low-income customers due to legal constraints under the Public Utilities Act . NS Power filed a GRA proposing rate increases (1.8% in 2026, 2.4% in 2027) with variations across customer classes. The Board must allow recovery of prudent costs, and NS Power's application was supported by a settlement agreement filed in November 2025.

Approving and fixing rates, regulatory powers p. p. 19
Approving and fixing rates, regulatory powers - 6 (1) In approving or fixing just and reasonable rates, tolls, charges or tariffs pursuant to this Act or any other enactment, the Energy Board may adopt any method or technique that it consi...

AI summary The Energy Board is authorized to approve rates and tariffs using appropriate methods, considering factors like competition, sustainability, and reliability. It regulates entities including the Independent Energy Systems Operator and Halifax Water's district energy project, while adhering to legislative frameworks such as the Public Utilities Act and More Access to Energy Act .

Jurisdiction of Board p. p. 19
Jurisdiction of Board - 30 (1) A Board has exclusive jurisdiction in all cases and in respect of all matters in which jurisdiction is conferred on the Board. - (2) The Boards, as to all matters within their jurisdiction pursuant to this Ac...

AI summary The Nova Scotia Utility and Review Board (NSUARB) has exclusive jurisdiction over utility regulation, acting as a surrogate for competition in natural monopoly sectors. Rate-setting balances utility costs with fair customer rates, guided by the Public Utilities Act (PUA) and judicial precedents like Dalhousie Legal Aid Service v Nova Scotia Power Inc. (2006 NSCA 74). The Board ensures utilities recover reasonable costs while maintaining financial stability.

Amount utility entitled to earn annually p. p. 19
Amount utility entitled to earn annually - 45 (1) Every public utility shall be entitled to earn annually such return as the Board deems just and reasonable on the rate base as fixed and determined by the Board for each type or kind of ser...

AI summary Regulatory framework dictates public utilities' annual earnings based on the Board's determination of a 'just and reasonable' return on the rate base. The Board may require amortization fund contributions, reducing allowable earnings. Legal references emphasize the Board's discretion under the Public Utilities Act (PUA) and its public interest mandate, citing court cases like Nova Scotia (Attorney General) v NSUARB (2019 NSCA 66) and Nova Scotia (Public Utilities Board) v Nova Scotia Power Corporation (1976).

CRITERIA OF A SOUND RATE STRUCTURE p. p. 19
CRITERIA OF A SOUND RATE STRUCTURE - 1. The related, "practical" attributes of simplicity, understandability, public acceptability, and feasibility of application. - 2. Freedom from controversies as to proper interpretation. - 3. Effective...

AI summary The document outlines seven criteria for a sound rate structure, emphasizing simplicity, revenue stability, fairness, and efficiency. It references James Bonbright's principles and cites legal precedents, including the Public Utilities Act and the Supreme Court of Canada's Vavilov decision, to guide regulatory assessment.

3.1 Should the Settlement Agreement be Approved? p. p. 26
3.1 Should the Settlement Agreement be Approved? [36] On September 2, 2025, NS Power wrote to the Board to advise that it would be filing a general rate application for the 2026 and 2027 test years. It stated that it had reached a consensu...

AI summary NS Power informed the Board on September 2, 2025, that it would file a general rate application for 2026 and 2027, supported by customer representatives. However, it delayed filing until September 18, 2025, and only submitted the settlement agreement on November 5, 2025, after being requested by Board staff.

[37] The terms of the settlement agreement are set out in a schedule to the agreement and provide as follows: p. p. 26
[37] The terms of the settlement agreement are set out in a schedule to the agreement and provide as follows: GRA Element Settlement Terms Capital Structure a) An equity thickness of 40% for rate setting purposes will be retained. DSM Ride...

AI summary The settlement agreement outlines terms related to capital structure, DSM Rider amendments, and the removal of a Weather Normalization Mechanism request. NS Power is required to adjust its DSM Rider and engage in an information session regarding weather normalization mechanisms.

Preamble p. pp. 26-281
[38] Previous decisions by the NSUARB set out the principles it applied in its consideration of settlement agreements. Those principles are still relevant and bear repeating. In its decision dated November 5, 2008, about a prior NS Power g...

AI summary The NSUARB outlines its principles for approving settlement agreements in rate proceedings. The Board emphasizes that settlement agreements, when supported by all customer classes and based on thorough evidence, are in the public interest. The Board ensures that only fair and prudently incurred costs are approved, and that customer rates remain just and reasonable.

3.1.1 Findings p. pp. 26-32
3.1.1 Findings [41] As noted above, the NSUARB has considered settlement agreements in past matters. The Board appreciates the efforts of parties to resolve contested issues in matters coming before it and encourages such initiatives to co...

AI summary The NSUARB acknowledges the value of settlement agreements but emphasizes they must be just and in the public interest. While recognizing efforts to resolve disputes, the Board notes this settlement occurred before the application was filed, reducing its evidentiary weight. The Board approves some terms but requires amendments to ensure fair rates.

3.2 Fuel and Purchased Power p. pp. 32-34
3.2 Fuel and Purchased Power [45] Fuel and purchased power expenditures are direct pass-through costs paid by NS Power's customers. Under the Fuel Adjustment Mechanism (FAM), those costs are identified as the Base Cost of Fuel (BCF). Actua...

AI summary Fuel and purchased power costs are pass-through expenses managed via the Fuel Adjustment Mechanism (FAM), with adjustments through Actual Adjustment (AA) and Balance Adjustment (BA) riders. NS Power provides regular updates, and an independent auditor appointed by the Board conducts biennial audits reviewed in public proceedings.

3.2.1 Base Cost of Fuel p. pp. 34-35
3.2.1 Base Cost of Fuel [46] Fuel and purchased power costs comprise the largest portion of NS Power's revenue requirement. During the two-year test period, NS Power has forecast those costs to be $918.6 million for 2026 and $918.4 million...

AI summary NS Power is seeking approval for new Base Cost of Fuel (BCF) amounts of $927.3 million for 2026 and $850.9 million for 2027, which would result in rate smoothing by over-collecting fuel costs in 2026 and under-collecting in 2027. Board Counsel engaged Bates White to review NS Power's fuel and purchased power costs, including the BCF and commodity price forecasts. NS Power also applied for an extension of the existing AA/BA riders on an interim basis, which was granted in Matter M12640.

Q. So in this case, it refers to Appendix 5A and it says: p. p. 35
'26, it's only 198.7. So we know that number. It's not a projection any more. We actually know it. Two million dollars, you know, is $2 million over two years would be you know, it's $4 million. A. (Williams) Mr. Deveau, if I may and I agr...

AI summary The text discusses concerns raised by Renewall Energy Inc. (REI) regarding Nova Scotia Power Inc.'s (NSPI) inaccurate fuel cost forecasts, which led to lower customer rates and unfair competition. REI argues that this creates an ongoing fuel liability and distorts market benchmarks. A response notes that a $2 million shortfall will be addressed due to rate changes post-2026.

3.2.1.1 Findings p. pp. 35-40
3.2.1.1 Findings [57] The Board notes that NS Power's proposed BCF was deemed acceptable to customer representatives who signed the settlement agreement. The Board also notes Bates White's statements that, although the commodity prices and...

AI summary The Board accepts NS Power's Base Cost of Fuel (BCF) as per the settlement agreement, noting Bates White's approval of its reasonable commodity price and load forecast assumptions. NS Power must correct a $1.8M overstatement in its 2026 revenue requirement and update FLG figures for 2027. The Board emphasizes NS Power's need to improve fuel cost forecasting to address discrepancies impacting the Renewable to Retail market.

3.2.2.1 Plan of Administration p. pp. 40-41
3.2.2.1 Plan of Administration [60] In its application, NS Power requested approval of amendments to the FAM Plan of Administration as described in Section 6 and Appendix 6A and set out in Appendix 6B. On page 32 of the application, NS Pow...

AI summary NS Power seeks amendments to the Fuel Adjustment Mechanism (FAM) Plan of Administration (POA) for the 2026-2027 General Rate Application (GRA) period, including aligning fuel costs with the Cost-of-Service Study (COSS), adding renewable program credits, and moving OM&G expenses to FAM. The Nova Scotia Energy Board (NSEB) requested clarification on language in the proposed changes, which NS Power addressed. The Board's 2024 FAM AA/BA decision also influenced the amendments.

3.3.1.1 Findings p. pp. 44-53
3.3.1.1 Findings [90] NS Power's proposed increase in OM&G costs is significant. It represents a 20% increase in 2027 (18.3% in 2026) from the OM&G costs included in rates approved in the 2023-2024 GRA. The burden is on NS Power to show th...

AI summary NS Power's proposed 20% increase in OM&G costs for 2027 is partially justified by the Board, citing increased customer service demands, the 5-Year Reliability Plan, and grid-scale battery integration to meet RES requirements. The Board emphasizes NS Power must prove all costs are just and reasonable.

Rates of utility to include allowance for depreciation p. p. 63
Rates of utility to include allowance for depreciation 41 In fixing rates, tolls and charges to be paid to a public utility for any service, the Board shall include proper allowances for depreciation. [122] NS Power owns significant assets...

AI summary The Nova Scotia Utility and Review Board (NSUARB) mandates that depreciation allowances be included in utility rates. NS Power uses asset pools to track depreciation over estimated useful lifespans, recovering original costs and salvage expenses via customer rates, as permitted by the Public Utilities Act (PUA).

3.4.1.1.1 Production Plant p. p. 72
3.4.1.1.1 Production Plant [142] As it relates to its generation assets, NS Power's depreciation study requires it to estimate the future cost of decommissioning its generation sites, as depreciation rates are generally set to recover the...

AI summary NS Power's depreciation study for generation assets includes decommissioning cost estimates, with the GRA settlement agreement removing inflation and contingency costs, leading to lower depreciation rates. Certain hydro systems' decommissioning costs are excluded from customer rates to balance cost recovery and rate pressure, with studies conducted by firms like Stantec and Hatch Ltd.

3.4.1.2 Estimated Average Asset Service Lives p. pp. 74-76
3.4.1.2 Estimated Average Asset Service Lives [151] Key elements influencing the determination of depreciation expense are average asset service lives and survivor curves. Survivor curves (also referred to as Iowa curves) are a series of c...

AI summary The section discusses the use of survivor curves to estimate asset service lives for depreciation calculations. The GRA settlement agreement extended service lives for two accounts, reducing depreciation rates. Mr. Madsen disputed the recommended survivor curve for Account 353, proposing an alternative curve while agreeing with the curve for Account 390.10.

3.4.1.3.1 Exclusion of Wreck Cove, Mersey and Tusket Hydro System Decommissioning Costs from Proposed Depreciation Rates p. p. 77
3.4.1.3.1 Exclusion of Wreck Cove, Mersey and Tusket Hydro System Decommissioning Costs from Proposed Depreciation Rates [157] NS Power believes that removing the Wreck Cove, Mersey and Tusket hydro system decommissioning costs from custom...

AI summary NS Power argues excluding decommissioning costs for Wreck Cove, Mersey, and Tusket hydro systems from depreciation rates balances cost recovery and rate pressure, citing environmental, cultural, and reliability impacts. Mr. Madsen raised intergenerational equity concerns but supported the exclusion due to future cost burdens.

3.4.1.3.2 Adjustments to Net Salvage Rates p. p. 81
hose Plant accounts to be acceptable. However, for the reasons that follow, the Board has some concerns about the settlement agreement net salvage rate adjustments for Power Production Plant accounts. [170] The settlement agreement removes...

AI summary The NSUARB has concerns about the settlement agreement's net salvage rate adjustments for Power Production Plant accounts, particularly the removal of archaeological reconnaissance costs from decommissioning estimates, which significantly reduces costs compared to Gannett Fleming's study. The Boreas archaeology report outlines the methodology for archaeological cost estimation.

3.4.1.3.3 Adjustments to Estimated Asset Average Service Lives p. pp. 81-93
3.4.1.3.3 Adjustments to Estimated Asset Average Service Lives [190] In his evidence, Mr. Madsen proposed a number of changes to Gannett Fleming's recommended estimated asset average service lives. This is discussed in more detail in secti...

AI summary The Board rejects Mr. Madsen's proposed changes to asset service lives but approves specific settlement adjustments for NS Power's Account 353 and 390.10, noting peer data support for slight life extensions. The changes align with the GRA and are deemed appropriate for the current proceeding.

3.4.2.1 Findings p. p. 98
resulting in more use of the procedure. He also noted that ELG is currently used in Alberta and Newfoundland. His evidence also indicated that ALG is used by Maritime Electric in Prince Edward Island. [204] For this GRA, NS Power submitted...

AI summary NS Power advocates for using the Equal Life Group (ELG) method over Average Life Group (ALG) in its General Rate Application (GRA), arguing ELG reduces rate base and financing costs more effectively. The Board will evaluate ELG vs. ALG, focusing on procedure appropriateness and intergenerational equity implications.

3.4.3.1 Findings p. pp. 114-117
3.4.3.1 Findings [243] In Undertaking U-8, NS Power provided calculations showing the dollar effect of implementing the changes recommended in Table 8 of Mr. Madsen's evidence. NS Power performed the analysis using both the ALG and ELG dep...

AI summary NS Power analyzed depreciation expense changes using ALG and ELG methods, showing reductions in 2026/2027. However, the Board's decision to not require ALG adoption rendered ALG results moot. ELG results still indicate lower rate increases, offset by higher return on rate base. The Board must determine if Mr. Madsen's service life recommendations are justified.

3.4.6 Depreciation – Summary p. pp. 128-133
t salvage rates for Plant accounts not subject to settlement agreement adjustments and for the three transmission and distribution Plant accounts which are subject to settlement agreement adjustments. [271] The Board has intergenerational...

AI summary The Board considers salvage rate adjustments for NS Power's production plant accounts, acknowledging intergenerational equity concerns but approving adjustments due to uncertainty around decommissioning costs, particularly for hydro assets. The decision is conditional on NS Power addressing decommissioning clarity in the next GRA.

3.5.1.1 Background p. p. 133
3.5.1.1 Background [281] Securitization was described by NS Power as the "centrepiece" of its general rate application and the settlement agreement. The practical impact of securitization in this matter is that it would result in ratepayer...

AI summary NS Power's general rate application includes securitization, which would lower financing rates for ratepayers by restructuring coal plant assets into debt, saving $90M over 2026-2027. Securitization improves credit metrics but removes assets from the balance sheet, ending shareholder returns on those assets.

3.5.1.2 Present Application p. p. 137
oceed and confirmed its request for the securitization deferral. [293] NS Power also noted in its application that it had to address some preliminary corporate items in advance of the securitization: … No Canadian investor-owned utility ha...

AI summary NS Power is seeking to securitize approximately $700 million of DDA assets over the GRA period. The process involves addressing credit rating, trust indenture, and tax considerations. The settlement agreement supports NS Power's application but does not address the securitization deferral directly.

3.5.1.2.1 Findings p. p. 148
wer's Battery Energy Storage Project and an increase in the return paid to the Canada Infrastructure Bank from 1.15% to 9.00% on the Wasoqonatl Transmission project for the NS/NB Reliability Intertie. [320] The Board places significant wei...

AI summary The Board considers Morrison Park's evidence on the impact of credit ratings on NS Power's borrowing costs and the effect of delaying securitization on customer savings. A six-month delay reduces estimated savings by 25%, though partial savings may still occur if securitization proceeds. The Board emphasizes that securitization approval is a provincial policy decision.

3.5.1.4 PHP Deferral p. p. 155
3.5.1.4 PHP Deferral [335] PHP currently takes service from NS Power under the Extra Large Industrial Active Demand Control (ELIADC) tariff, which is a Below-the-Line (BTL) tariff. The costof-service study supporting this general rate appl...

AI summary PHP currently uses NS Power's ELIADC BTL tariff, but a GRA assumed an ATL tariff by 2026. NS Power extended ELIADC until 2026 (M12184) and applied for a successor ELID ATL tariff (M12661), with PHP expected to switch by 2027. The GRA included ADC service recovery and interruptible credits for ATL customers.

3.5.1.4.1 Findings p. pp. 155-160
3.5.1.4.1 Findings [349] NS Power requests a PHP Deferral account to track any variances in revenue between that which would occur based on the assumptions in the GRA cost-ofservice study treating PHP as an ATL customer versus that which r...

AI summary NS Power requests a PHP Deferral account to track revenue variances based on different tariff scenarios for PHP. The deferral account was contemplated in the settlement agreement and is approved by the Board. The account will account for variances arising from differences in the PHP tariff, unavailability of the tariff, or unsatisfactory outcomes of the ADC and tariff processes.

3.5.1.5 GRA Deferral p. pp. 160-162
3.5.1.5 GRA Deferral [354] In its general rate application, NS Power asks for a deferral of its GRArelated costs of the present matter and to collect those costs in rates on a straight-line basis over the two-year test period. Such costs i...

AI summary NS Power seeks to defer GRA-related costs of $2.0 million over two years, reduced from $4.0 million via a settlement agreement. The Board approved deferral of these costs, aligning with its 2023-2024 GRA Decision, which allowed recovery of study costs (e.g., Cost-of-Service Study, Line Loss Study) and the Climate Change Adaptation Plan. NS Power confirmed updated costs for the 2026-2027 GRA and studies.

3.5.1.5.1 Findings p. pp. 162-163
3.5.1.5.1 Findings [357] NS Power's costs for preparing and presenting a general rate application have not previously been allowed to be recovered in the test period of that application because they represent costs incurred before the test...

AI summary NS Power's pre-test period general rate application costs cannot be recovered in the test period and should be budgeted separately. The Board opposes deferring operating costs to attract returns, citing prior decisions. Exceptions to retroactive ratemaking require specific criteria, as outlined in referenced cases.

3.6.3 Valuation and "Writing Down" of the Rate Base p. p. 171
he Department submits that, at least as early as 2016, NS Power knew that its coal assets must be retired by 2030 but did not take this into consideration when valuing its assets. The Department said: In the 2022 GRA, the Department submit...

AI summary The Department argues that NS Power failed to write down coal assets by 2030, leading to ratepayer costs, and the 2020 Integrated Resource Plan contradicted federal policy. Regulatory standards require impairment when early retirement is probable, yet NS Power did not adjust valuations despite clear legislative mandates.

Power to determine value of property of utility p. p. 171
Power to determine value of property of utility - 30 (1) The Board may at any time, with the assistance of such engineers, accountants, valuators, counsel and others as it deems wise or advisable to employ, inquire into and determine the e...

AI summary The Energy Board has authority to assess utility property values using prudent original cost minus depreciation, with straight-line depreciation calculation. It mandates valuation of Nova Scotia Power Inc.'s assets by March 31, 2024, and may set differentiated return on equity for capital asset classes to align investment incentives with ratepayer interests.

Duty of utility to furnish information p. p. 171
irement dates". The parties agreed to resolve these matters in a "black box" settlement agreement to lower rates for customers in the next general rate application and this was approved by the NSUARB. [388] The approved depreciation rates...

AI summary NS Power's depreciation rates were adjusted in 2013-2014 and 2022-2023 rate applications. The NSUARB approved a 'black box' settlement agreement to lower rates. NS Power cited Equivalency Agreements (2015-2020) allowing continued coal plant operations until 2030, but federal-provincial decarbonization policy changes in 2021 altered this. The 2023-2024 application proposed mechanisms for coal asset decommissioning costs.

3.6.3.1 Findings p. pp. 171-177
3.6.3.1 Findings [394] A utility is entitled to the opportunity to recover its prudently incurred costs in providing service and an opportunity to earn a reasonable profit – no more and no less. While the Board can disallow costs found to...

AI summary The Board affirms that utilities must recover prudently incurred costs through customer rates, with reasonable profit, and cannot disallow legitimate costs to make rates more affordable. Investors require fair returns to fund infrastructure, and this principle was previously addressed in NS Power's 2023 general rate application (NSUARB 2023 NSUARB 12).

[397] In essence: p. p. 177
[397] In essence: A public utility is obligated to provide services that are reasonably safe and adequate and is entitled to compensation therefor by the charging of rates that are not unjustly discriminatory and will provide the public ut...

AI summary Public utilities must provide safe and adequate services, compensated through non-discriminatory rates ensuring revenue for operating expenses, depreciation, taxes, and capital needs. The Supreme Court of Canada emphasized fair returns on capital investment to attract investment and maintain credit ratings, with low returns risking higher borrowing costs and market exclusion.

3.6.3.1.1 The Value of the Rate Base p. pp. 177-178
3.6.3.1.1 The Value of the Rate Base [399] The "value" of NS Power's rate base, as framed in the Department's submissions, is based on an historic concept that has been displaced by the widely accepted prudent original cost method for valu...

AI summary The document argues that the prudent original cost method, as outlined in the Public Utilities Act, is the correct approach for valuing NS Power's rate base, displacing the Department's historic concept. Expert witnesses supported this method, and the Department failed to provide evidence or cross-examine them. The Public Utilities Act (s. 30(2)) explicitly endorses this approach since 1943.

Summary and Conclusion p. p. 187
Summary and Conclusion - [60] To summarize, the issue is where the losses resulting from forces of nature should fall: on the utility's consumers or on the utility's shareholders: - (a) In legal terms the issue is where a just and reasonab...

AI summary The issue centers on allocating losses from natural forces between consumers and shareholders. The Commission's decision on insurance and self-insurance is relevant, with the conclusion that the Commission's discretion under the Electric Utilities Act determines the outcome, not depreciation schedules or property law principles.

[431] The Board went on to find: p. p. 191
- [57] Ms. Runge supports NS Power's recovery of its prudently incurred investments in its coal generation assets: - 75. The no hindsight principle should always be applied in the assessment of the return of capital to a utility. If the in...

AI summary Ms. Runge advocates for NS Power's recovery of prudently incurred coal generation investments, emphasizing the 'no hindsight' principle to ensure fair treatment of utilities and rate payers. She argues that this principle provides long-term certainty for utilities and reduces risk for rate payers compared to the 'used and useful' test, which could lower returns on equity and debt costs.

3.7 Return on Equity and Capital Structure p. p. 196
3.7 Return on Equity and Capital Structure [440] NS Power's existing rates are set based on a current capital structure that includes 40% equity and 60% debt, with an approved return on equity of 9%. Under the current framework, NS Power m...

AI summary NS Power's current rates are based on a 40% equity, 60% debt structure with a 9% return on equity (ROE), allowing up to 9.25% annually. They propose maintaining this ROE range and debt-to-equity ratio for rate-setting, returning excess earnings to customers.

3.7.1 The Fair Return Requirement p. p. 197
l-recognized and long-standing legal standard the Board must follow when approving a utility's return on its invested capital. A century ago, the Supreme Court of Canada described the test as follows: 18 The duty of the Board was to fix fa...

AI summary The text outlines the legal standard for fair return on invested capital, citing the Supreme Court of Canada's 1929 decision that rates must balance consumer fairness and company returns equivalent to other investments. The court emphasized that a fair return should mirror returns from comparable securities, ensuring neither overcharging consumers nor undercompensating the utility.

3.7.2 Overview of Cost of Capital Evidence p. p. 197
3.7.2 Overview of Cost of Capital Evidence

AI summary This section provides an overview of the evidence presented regarding the cost of capital in a regulatory proceeding, likely related to utility rate-setting or investment recovery. Key focus areas include methodologies for determining capital costs, regulatory considerations, and stakeholder arguments.

3.7.2.1 Return on Equity p. pp. 197-201
3.7.2.1 Return on Equity [453] Determining a fair return on equity generally entails the use of several wellestablished financial models. These include, but are not limited to, the discounted cash flow (DCF) model; the capital asset pricin...

AI summary The document discusses methodologies for determining a fair return on equity (ROE) for Nova Scotia Power (NS Power), including DCF, CAPM, and risk premium models. A consensus agreement sets NS Power's ROE at 9% with an 8.75%-9.25% earnings band and 40% equity thickness. NS Power's experts, James Coyne and John Trogonoski of Concentric Energy Advisors, provided evidence using market data up to February 2025.

3.7.4 Party Submissions p. pp. 215-216
3.7.4 Party Submissions [503] The Affordable Energy Coalition's (AEC) opening statement submitted that the Board must ensure rates are sufficient to cover NS Power's cost-of-service, while preventing the recovery of excess spending and pro...

AI summary The Affordable Energy Coalition (AEC) argues that Nova Scotia Power's (NS Power) rates must cover costs without allowing excess profits, citing Emera's high shareholder returns and recommending a 7.6% return on equity. NS Power counters that a fair return requires a higher equity ratio but maintains current affordability-focused structures.

3.7.5 Findings p. p. 219
- [16] As part of the outage review, the Board has received a number of comments from members of the public questioning, among other things, why NSPI's request for a rate increase should be considered when the service provided by NSPI is,...

AI summary The Nova Scotia Utility and Review Board acknowledges public dissatisfaction with NSPI's service but explains that rate increases are based on cost-of-service principles. As a regulated monopoly, NSPI must recover reasonable costs, and the Board balances this with ensuring fair rates. The Board cannot base rate decisions solely on reliability or public opinion.

3.7.5.1 Return on Equity p. p. 221
o, it has departed from what was proposed. But as noted, the evidence does not otherwise point to a better placement for the return on equity within the high and low points set by the expert evidence. [552] The parties to the settlement ag...

AI summary The document discusses the settlement agreement between NS Power and customer representatives, which recommends maintaining NS Power's current allowed return on equity of 9% and 40% equity ratio. Dr. Cleary acknowledges the agreement's influence despite his market-based recommendations, while the Board considers the agreement's implications for public interest and rate class representation.

3.8 Cost of Service Study p. pp. 235-236
3.8 Cost of Service Study [561] Under the PUA , a utility is afforded the opportunity to recover its "reasonable and prudent" costs of providing service and a "just and reasonable" return on its rate base. The total amount of these costs a...

AI summary The Cost of Service Study outlines how utilities recover 'reasonable and prudent' costs under the PUA, setting rates to meet revenue requirements. Rate classes must be based on service conditions, not customer ability to pay, as per Dalhousie Legal Aid Service v Nova Scotia Power Inc. (2006 NSCA 74). Discrimination in rates is judged by factors like load factor and time of use.

[578] NS Power's proposed methodologies are listed in Table 2 in Elenchus' report: p. p. 236
[578] NS Power's proposed methodologies are listed in Table 2 in Elenchus' report: Status Quo Change Generation Allocation except for treatment of purchased power No initial classification to energy for environmental and fuel conversion re...

AI summary NS Power's proposed methodologies for cost allocation and classification in generation, transmission, and distribution are outlined in Table 2 of Elenchus' report. The changes include refunctionalizing certain assets, creating new storage sub-functions, and adjusting how costs are allocated, including for DSM rate riders and the DDA methodology.

Fuel Adjustment Mechanism Related Cost Sub-Functionalization p. p. 236
Fuel Adjustment Mechanism Related Cost Sub-Functionalization Fuel adjustment mechanism related purchases that provide firm capacity will be classified between energy and demand based on the system load factor, while purchases that provide...

AI summary The Fuel Adjustment Mechanism (FAM) classifies purchases providing firm capacity based on system load factor between energy and demand, while non-firm imports are fully classified as energy. This aligns with generation assets and acknowledges non-firm agreements supply only energy.

Classification of Transmission Costs 100% to Demand p. p. 236
Classification of Transmission Costs 100% to Demand NS Power currently uses the system load factor to classify transmission rate base and costs to energy and demand. To reflect anticipated need for increased investment in the transmission...

AI summary NS Power proposes to reclassify 100% of transmission costs to demand, citing increased investment needs, reduced coal reliance in Cape Breton, expanded wind generation, and a shift from radial to network system design. This replaces the current system load factor method for classifying transmission costs.

Changes to Open Access Transmission Tarriff to Align Bundled and Unbundled Service p. p. 236
Changes to Open Access Transmission Tarriff to Align Bundled and Unbundled Service NS Power said methodological differences in how rates are set for transmission service in the unbundled market under the Open Access Transmission Tariff (OA...

AI summary NS Power argues methodological differences between the Open Access Transmission Tariff (OATT) and bundled service cost-of-service studies cause inconsistent transmission service pricing. Proposals include aligning revenue requirements, fully classifying transmission costs to demand, and using forecasted test year usage in OATT calculations to harmonize bundled and unbundled service costs.

Demand Side Management Rider p. p. 236
Demand Side Management Rider Demand side management costs are currently allocated as 75% to the cost of programs undertaken for the rate class and 25% to the system benefit of the programs. NS Power is proposing to remove the allocation to...

AI summary NS Power proposes to reallocate 100% of demand side management (DSM) program costs to the benefiting rate class, eliminating the current 25% allocation to system benefits. This change aims to shift cost distribution from system-wide benefits to specific rate classes.

Treatment of Port Hawkesbury Paper as an Above-the-Line Customer p. p. 236
Treatment of Port Hawkesbury Paper as an Above-the-Line Customer Port Hawkesbury Paper is currently served under a below-the-line rate with a term ending on December 31, 2026 (2025 NSEB 16). In the cost-ofservice studies for 2026 and 2027,...

AI summary Port Hawkesbury Paper (PHP) is currently under a below-the-line rate until 2026 but is modeled as an above-the-line customer in 2026-2027 cost-of-service studies. This includes 8 MW firm load at three coincident peaks and 65 MW total load, incorporating projected wind farm supply.

General Plant p. p. 236
General Plant General plant primarily consists of NS Power's investment in facilities, such as buildings structures and grounds, communication equipment, vehicles and information technology infrastructure. Currently, costs are apportioned...

AI summary NS Power proposes reallocating general plant costs above $1 million to specific functions like transmission and distribution based on allocators such as operating costs and rate base, as opposed to the current apportionment based on net book value.

[581] The parties to the settlement agreement included the following terms relating to cost-of-service methodology used to determine rates for 2026 and 2027: p. p. 236
[581] The parties to the settlement agreement included the following terms relating to cost-of-service methodology used to determine rates for 2026 and 2027: Cost of Service ("COS") a) The COS as set out in the Draft GRA will be included i...

AI summary The settlement agreement outlines the cost-of-service methodology for 2026 and 2027, including the inclusion of the Draft GRA, the use of the Minimum System methodology in future proceedings, data collection regarding PHP's use of the High Voltage transmission system, and the apportionment of assessment costs from the Maritime Link.

Q. Considering the consensus agreement in this GRA, what do you recommend regarding the Company's COSS methods? p. p. 236
Q. Considering the consensus agreement in this GRA, what do you recommend regarding the Company's COSS methods? A. While I do not support several of the Company's COSS methodologies, particularly the use of the minimum system method for cl...

AI summary The responder acknowledges the settlement agreement in the GRA but recommends revisiting certain COSS methodologies, particularly the minimum system method. They argue that the proposals should be non-precedential and case-specific. Renewall Energy Inc. raises concerns about inconsistencies between NS Power's COSS methods and OATT charges.

3.8.2 Minimum System v. Basic Customer Methods p. pp. 246-247
3.8.2 Minimum System v. Basic Customer Methods [586] NS Power's cost-of-service study classifies portions of its distribution system as customer-related using the minimum system method. Under this approach, a minimum system study estimates...

AI summary NS Power classifies distribution system costs using the minimum system method, deeming costs of a hypothetical minimum-specification system as customer-related. Remaining costs are demand-related. NS Power cites jurisdictional scans and evidence from Concentric Energy Advisors to support the use of this method in Canadian regulatory practices.

[605] In its submissions, the Consumer Advocate noted: p. p. 247
[605] In its submissions, the Consumer Advocate noted: The Consumer Advocate shares Ms. Palmer's concerns regarding the Minimum System Method, and through the Settlement Agreement, and resulting GRA, NS Power has agreed that the use of the...

AI summary The Consumer Advocate supports a separate proceeding for the Minimum System Method post-test years, aligning with Ms. Palmer's concerns. The NDP and Liberal Party advocate for the basic customer method to reduce residential costs, while NS Power defends the COSS as the basis for cost allocation.

3.8.2.1 Findings p. pp. 247-256
3.8.2.1 Findings [608] Under a cost-of-service model, the objective is to fairly allocate costs to customers based on cost causation. This has been a chronically difficult thing to do for distribution system costs. It would be inappropriat...

AI summary The Nova Scotia Utility and Review Board (NSURB) acknowledges challenges in allocating distribution system costs under a cost-of-service model, noting neither the basic customer method nor the minimum system method is adequate. The Board expresses concern over NS Power's proposal to leave the issue unaddressed in the settlement agreement, emphasizing the need for broader customer group participation and further consideration in a future proceeding.

3.8.3.1 Findings p. pp. 258-259
3.8.3.1 Findings [616] As with the discussion about the use of the minimum system method or the basic customer method, the Board finds that a more satisfactory resolution of this issue would result from a broader debate about this issue. T...

AI summary The Board directs a comprehensive analysis of distribution system cost classification, emphasizing the need for broader debate beyond jurisdictional scans. It expects issues identified by Ms. Palmer, including primary system usage, residential service at primary voltages, and demand relative to peak, to be thoroughly addressed in the proceeding.

3.8.4 Peak Load Carrying Capability Adjustment p. pp. 259-260
3.8.4 Peak Load Carrying Capability Adjustment [617] Ms. Palmer also recommended that a peak load carrying capability adjustment be applied to account for the demand component served by the minimum system, if the basic customer method is n...

AI summary Ms. Palmer recommends a peak load carrying capability adjustment to account for demand served by the minimum system, citing examples from Ontario (0.4 kW), Excel Energy (1.5 kW), and National Grid's approach. NS Power agrees that the minimum system has load-carrying capacity and supports crediting 1.5 kW/customer for non-coincidental peak demands.

Proposed COSS Methodology Modified COSS Methodology as per U-6 Variance p. p. 260
Proposed COSS Methodology Modified COSS Methodology as per U-6 Variance Smoo othed Sm oothed Smoo thed Customer Class 2026 2027 2026 2027 2026 2027 Domestic 3.8 4.1 3.2 3.7 (0.6) (0.4) Small General 3.6 3.9 3.4 3.8 (0.2) (0.1) General (0.2...

AI summary The table compares proposed and modified Cost-of-Service Study (COSS) methodologies under Undertaking U-6, showing variances in cost allocations across different customer classes in Nova Scotia. Variances range from -7.0% to +7.9% for specific classes, with total variance at 0.0%.

3.8.4.1 Findings p. pp. 260-263
3.8.4.1 Findings [624] Notwithstanding the settlement agreement, the Board finds that it is appropriate to direct NS Power to implement a load carrying capability adjustment in this proceeding. Unlike the evidence relating to the use of th...

AI summary The Board directs NS Power to implement a 0.4 kW/customer load carrying capability adjustment, citing expert agreement and the need for immediate action. The 1.5 kW figure from Excel Energy is deemed inappropriate. NS Power must conduct further analysis before future proceedings.

3.8.5 Other Cost-of-Service Issues Raised by Synapse p. p. 264
e only outstanding issue that would be addressed in the future proceeding noted in the agreement was the use of the minimum system method beyond the test years in the current general rate application: - Q. So N-37, page 20 in the PDF, line...

AI summary The discussion centers on the future consideration of the 'Minimum System' method in cost-of-service studies beyond the current test period. Nova Scotia Power (NSP) acknowledges the Settlement Agreement's provision to address this in a standalone 2026 proceeding, but emphasizes that parties are not bound by prior positions. NSP expects future cost-of-service issues to be evaluated in subsequent General Rate Applications (GRA) without rehashing prior processes.

[634] NS Power submitted: p. p. 267
[634] NS Power submitted: NS Power applied the approved OATT and COS methodologies, as amended in the Settlement Agreement, to determine the proposed bundled and OATT charges. The transmission costs are allocated to the bundled rate classe...

AI summary NS Power applied OATT and COS methodologies to allocate transmission costs, using different peak period metrics for bundled and open-market services. Renewall challenged discrepancies in coincident factors (78.6% vs. 91.66%) affecting network service charges, but NS Power explained the factors serve distinct purposes in rate calculations.

3.8.6.1 Findings p. pp. 267-269
3.8.6.1 Findings [640] Because these technical issues were only raised in closing submissions, the Board has a poor record before it to make an informed decision on these points. As a result, the Board accepts the relevant calculations inc...

AI summary The Board accepts NS Power's settlement agreement calculations but acknowledges Renewall's concerns about outdated methodologies and the need for competitive energy markets. The transmission tariff transition to IESO Nova Scotia by 2027 requires NS Power to address Renewall's issues in future applications. Confidential information handling in filings is emphasized.

3.9 Rate Design p. pp. 269-271
3.9 Rate Design [644] In its application, NS Power did not propose to introduce new concepts or materially change the design of any of its rates. The parties to the settlement agreement accepted the changes to tariff language and the updat...

AI summary NS Power did not propose new rate concepts or significant changes to rate design in its application. The settlement agreement parties accepted proposed tariff language updates and charge adjustments. Other parties did not raise concerns about these changes in evidence or submissions. The Board accepts these items as filed unless otherwise directed.

3.9.1 Innovation p. p. 271
3.9.1 Innovation [645] In NSEB IR-132, NS Power was asked to describe any work it has done to develop new or innovative rate designs to leverage more granular data from Advanced Metering Infrastructure (AMI) meters, promote efficient use o...

AI summary NS Power outlined initiatives to innovate rate designs using AMI data, including TVP programs, customer energy management systems, and collaborations with EfficiencyOne and Port Hawkesbury Paper. These efforts aim to promote efficient resource use and adapt to market changes from decarbonization and decentralization.

3.9.1.1 Findings p. pp. 271-272
3.9.1.1 Findings [647] The Board accepts that NS Power is engaged in appropriate activities relating to the development of new rate designs. However, the Board believes that more can be done and encourages NS Power to do so. For example, w...

AI summary The Board acknowledges NS Power's efforts in developing new rate designs but urges improvement, noting limited customer rate options and operational challenges from outdated systems and a cyber attack. The TVP program's suspension highlights these issues, while Bonbright's criteria emphasize dynamic rate structures aligned with energy transition goals.

3.9.2 Residential and Small General Customer Charges p. pp. 272-273
3.9.2 Residential and Small General Customer Charges [649] In its last general rate application, NS Power proposed to increase customer charges for the domestic service and small general customer classes to align those charges with costs u...

AI summary NS Power proposed increasing customer charges for residential and small general customers to align with cost-of-service study findings. Other parties raised concerns, leading to a settlement where charges were set at 75% of the proposed amounts. In the current proceeding, NS Power seeks to increase these charges in line with smoothed non-fuel cost revenue increases.

Document: 328719 p. p. 273
Document: 328719 Ι Domestic Service Tariff Capped Customer Charge COSS-based Customer charge Variance Percent Variance 2026 Standard Rate Customer Charge ($/month) $20.24 $29.32 $9.07 45% Energy Charge (cents/kWh) 18.349 17.306 (1.043) -6%...

AI summary The document presents a comparison of capped and COSS-based customer charges and energy charges for Domestic Service and Small General Tariffs in 2026 and 2027, showing significant variances in both dollar amounts and percentages.

3.9.2.1 Findings p. pp. 273-275
3.9.2.1 Findings [652] The Board accepts that there may be legitimate arguments for not setting customer charges for these classes directly from the cost-of-service study. However, given the potential impacts that the setting of customer a...

AI summary The Board acknowledges potential issues with directly setting customer charges from cost-of-service studies but emphasizes the need for a principled basis to avoid intra-class cost shifting and ensure fairness. They direct NS Power to address this in the next rate application and reference methods from the Ontario Energy Board's discussion paper.

3.10.1 OATT p. p. 276
3.10.1 OATT [654] NS Power's Open Access Transmission Tariff (OATT) includes terms, conditions and rates for Transmission Services and Ancillary Services. It also includes operating agreements under which service will be provided, and the...

AI summary NS Power seeks to update its Open Access Transmission Tariff (OATT) rates and methodology, reflecting changes in revenue requirements, generation mix, and system usage since 2016. Proposed changes include using forecasted test year usage, adjusting transmission rates via Cost-of-Service studies, and modifying reactive power calculations. Amendments aim to align OATT with 2023-2024 GRA (M10431) directives on capacity-based ancillary services.

3.10.1.1 Findings p. pp. 276-280
3.10.1.1 Findings [668] As noted above, OATT rates have been updated to reflect changes in the generation and transmission asset mix and costs, and changes in system usage since the last update in the 2023-2024 GRA. NS Power also amended t...

AI summary The Nova Scotia Utility and Review Board (Board) approved Nova Scotia Power Inc.'s (NS Power) amendments to Open Access Transmission Tariff (OATT) rates, reflecting changes in generation, transmission, and system usage since the 2023-2024 General Rate Application (GRA). NS Power revised the OATT methodology following consultation in the 2024 Cost of Service proceeding and addressed directives from the Board's hearing order (M10431).

3.10.3 Revised Fees and Regulations p. pp. 284-286
3.10.3 Revised Fees and Regulations [685] In its application, NS Power proposed revisions to its Schedule of Charges, such as for connection, reconnection, returned cheques, installation of recording equipment, contribution for three-phase...

AI summary NS Power proposed revisions to its Schedule of Charges, including connection, reconnection, and other fees. The Board approved these revisions, except for the AMI opt-out fee, which is subject to prior findings.

4.1 Demand Side Management Cost Recovery Rider p. p. 286
4.1 Demand Side Management Cost Recovery Rider [686] In this GRA, NS Power proposed changes to the methodology for calculating the Balance Adjustment (BA) but did not propose changes to the Demand Side Management (DSM) rider amounts for 20...

AI summary NS Power proposed changes to the Balance Adjustment (BA) methodology in its GRA but maintained 2026/2027 DSM rider amounts. The Board approved continuation of 2025 DCRR charges until further order. NS Power assumed $63.75M DSM expenditure for 2027, aligning with legislative requirements. The new BA proposal extends variance recovery/refund periods to reduce rate volatility and reflect multi-year DSM planning.

4.1.1 Findings p. pp. 286-289
4.1.1 Findings [693] The Board's Interim Order in Matter M12521 approved continuation of the 2025 DCRR charges commencing January 1, 2026, until further order of the Board in that matter, or as part of NS Power's GRA. In this current matte...

AI summary The Board approved continuation of 2025 DCRR charges until further order or as part of NS Power's GRA. NS Power proposes changes to the Balance Adjustment (BA) calculation but not DSM rider amounts for 2026/2027. The amended DCRR tariff aims to address end-of-term variances and improve DSM cost recovery, leading to approval by the Board.

4.2.1 Findings p. pp. 290-291
4.2.1 Findings [701] As noted above, the 2026 and 2027 values for the SCRR rider are zero. The proposed amendments are expected to correct the unbalanced asymmetrical nature of the current version of the rider. The amendments should also m...

AI summary The 2026 and 2027 SCRR rider values are zero. Proposed amendments aim to correct asymmetry and reduce administrative burdens from refunding small underspent funds. The Board approves the SCRR as a pilot during 2026-2027.

4.3 Climate Change Adaptation Plan p. p. 292
SS and Line Loss Study discussed later in this decision, the Board approves the deferral of the costs of developing this plan for recovery through rates after NS Power's next general rate application. [2023 NSUARB 12] [703] NS Power filed...

AI summary NS Power submitted a Climate Change Adaptation Plan and Wildfire Mitigation Plan as part of its general rate application. The Board approved deferring associated costs for recovery through future rates. The plan involves climate data integration into asset management but lacks detailed vulnerability assessments and mitigation timelines. NS Power cited consultation with the Climate Adaptation Leadership Program during development.

4.4 Lingan Unit 2 and Trenton Unit 5 p. p. 295
as required by the North American Electric Reliability Corporation (NERC) and Northeast Power Coordinating Council (NPCC) requirements. It explained the changes to the coal plant retirement timelines: (a) The retirement assumption for Ling...

AI summary The retirement timelines for Lingan Unit 2 and Trenton Unit 5 were extended due to updated load forecasts and system outlooks. Lingan 2's retirement was delayed to 2027 following a 108 MW increase in 2024 firm peak load, while Trenton 5's timeline was updated based on the 2023 Evergreen IRP and further adjusted in the 2024 DDA report, delaying decommissioning until after 2029.

4.5 Rate Setting – Alternative Form of Regulation p. pp. 297-298
4.5 Rate Setting – Alternative Form of Regulation [723] In its closing submissions the Nova Scotia Liberal Caucus urged the Board to exercise its statutory authority to move Nova Scotia toward a five-year rate plan that delivers stability,...

AI summary The Nova Scotia Liberal Caucus advocates for a five-year rate plan under the amended Public Utilities Act, enabling the Energy Board to use alternative regulation methods. The 2024 amendment allows rate-setting based on techniques deemed appropriate by the Energy Board, aligning with definitions in the Energy and Regulatory Boards Act.

4.5.1 Findings p. pp. 298-299
4.5.1 Findings [726] While the Board appreciates the complexity and challenges, a transition to performance-based rates should be explored. Key goals in such a transition would be the development of more predictable rate setting processes,...

AI summary The Board acknowledges the complexity of transitioning to performance-based rates but emphasizes the need for more predictable rate-setting processes, reduced regulatory burdens, and better alignment of utility incentives with customer interests. The Board intends to further explore this transition.

4.6 Implementation of New Rates (Cyber Incident Impact) p. pp. 299-300
4.6 Implementation of New Rates (Cyber Incident Impact) [727] At the hearing, NS Power said that it now has communication with roughly 400,000 of its customer meters and has targeted the end of March to have all meters (approximately 555,0...

AI summary NS Power discusses challenges in implementing new rates due to a cyber incident, including prorating rate changes and potential billing discrepancies from extended intervals between meter reads. It notes progress in deploying AMI technology, with 400,000 meters communicating and a target of full deployment by March. Historical data recovery is limited to 60–90 days without interval usage details.

4.6.1 Findings p. pp. 300-301
4.6.1 Findings [730] The Board is concerned that customers who have higher usage during the recent colder period of the year might end up paying more than the approved current rate for the electricity they are currently using because of th...

AI summary The Board expresses concern that prorating electricity bills during a billing cycle with prolonged meter reads (due to a cyber attack) may unfairly increase costs for customers using more energy during colder periods. It questions why prorating is necessary with AMI meters, which can track energy use pre- and post-rate changes, and directs NS Power to avoid prorating if AMI data can be used.

5.0 SUMMARY OF MAJOR FINDINGS AND DIRECTIVES p. p. 302
ce captured under the FAM; - The EIFEL deferral, allowing NS Power to defer incremental tax expense of about $7 million if an exemption is not enacted by the Government of Canada as it has announced; - The inclusion of four Maritime Link t...

AI summary The Nova Scotia Utility and Review Board (NSURB) approved adjustments to Nova Scotia Power's (NS Power) rate base, including Maritime Link projects, revised Storm Cost Recovery Rider terms, and OATT rate updates. The Board also amended the General Rate Application (GRA) to reduce revenue requirements and reallocate costs among customer classes.

101494Compliance Filing Confidentiality Matrix 1 passage
1. Commercial Information
1. Commercial Information To protect value for customers and mitigate the risk of prospective proponents having access to the information contained in this Application, and maintain good business relations with vendors, this information is...

AI summary NS Power seeks to keep supplier pricing, internal budgets, fuel procurement data, and customer-specific information confidential to prevent competitors from gaining advantages, ensure competitive terms, and maintain cost-based rates for customers. Disclosure risks higher costs and undermines NS Power's ability to secure favorable contracts.

101528NSBE (NSPI) IR 1 to 7 - re: compliance filing 4 passages
NOVA SCOTIA ENERGY BOARD
NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF: A GENERAL RATE APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of certain revisions to its Rates, Charges and Regulations INFORMATION...

AI summary The Nova Scotia Energy Board has issued information requests to Nova Scotia Power Inc. regarding its general rate application under the Public Utilities Act. Responses are due by April 16, 2026, with Steve Pronko designated as the contact person. The proceeding involves revisions to rates, charges, and regulations.

Request IR-1:
Request IR-1: - Section 4.6 of the Board's decision in this matter expressed concern about implementing the rate - increase through prorating in the context of the potential for prorating over a period that was longer - than a single billi...

AI summary The Board's decision (Section 4.6) raised concerns about prorating rate increases over extended billing periods due to a cybersecurity breach, but NS Power's compliance filing didn't address prolonged billing issues. The request asks whether NS Power's processes have returned to normal and how ongoing impacts might affect prorating.

Request IR-3:
Request IR-3: - In its compliance filing, NS Power suggested that the problem with precisely allocating the amount of energy on a bill to pre-rate increase and post-rate increase use was due to limitations on its "legacy Customer Informati...

AI summary NS Power's legacy CIS system struggles with accurate energy allocation for time-differentiated rates due to reliance on single meter reads. The regulator questions how CIS handles residential time-of-day rates, system dependencies preventing irregular billing periods, necessity of detailed coding for irregular end dates, and CIS limitations in managing account closures.

Request IR-5:
Request IR-5: What is the estimated cost to comply with the Board's directive to use AMI data to avoid prorating bills to accommodate the rate change?

AI summary Request IR-5 seeks the estimated cost for NS Power to comply with the Board's directive to use AMI data, avoiding prorated bills during a rate change. The inquiry focuses on cost implications of implementing AMI data practices as mandated by regulatory authorities.

101708Submission - CA 2 passages
VIA WEB PORTAL p. p. 0
VIA WEB PORTAL Crystal Henwood, Clerk of the Board Nova Scotia Energy Board 1601 Lower Water Street, 3rd Floor P.O. Box 1692, Unit "M" Halifax, NS B3J 3S3 Dear Ms. Henwood: Re: M12451 - Nova Scotia Power Inc. - 2026 General Rate Applicatio...

AI summary The Consumer Advocate comments on Nova Scotia Power's compliance filing for the 2026 General Rate Application, noting that it generally meets the conditions set by the Board, except for one area related to the Billing Directive, as per the Board's decision in Maritime Link Inc, 2013 NSUARB 242 .

Billing Directive p. p. 0
Billing Directive Anticipating that the new rates would take effect in the midst of a billing cycle, the Board directed Nova Scotia Power to rely on the information provided by AMI meters to "precisely determine the amount of energy used b...

AI summary The Board directed Nova Scotia Power to use AMI meter data to accurately apply new rates during a billing cycle, but the company argues this would be costly and complex. The Consumer Advocate suggests prorating rates instead to ensure fairness, despite the risk of some customers paying higher rates for pre-effective-date consumption.

101711Submission - NDP 1 passage
Section 2 p. p. 0
uests that the Nova Scotia Energy Board reject Nova Scotia Power's requested prorating approach and ensure that Nova Scotians aren't retroactively charged a higher price on power they've already used. We request that the suggestion of the...

AI summary The letter requests the Nova Scotia Energy Board to reject Nova Scotia Power's prorating approach and ensure ratepayers are not retroactively charged higher prices. It suggests that any rate increase should apply only to the next full billing cycle, with the cost of implementing the change borne by shareholders, not ratepayers.

101722Submission - SBA 1 passage
Billing Directive: p. p. 0
Billing Directive: The SBA acknowledges the Board's concern regarding billing prec1s10n and the ability of advanced meter infrastructure ("AMI") to accurately bill customers where rates changes occur in the middle of a billing cycle and th...

AI summary The SBA acknowledges the Board's Billing Directive requiring split billing to account for rate changes but is concerned about potential costs to ratepayers. NS Power claims that implementing the directive would require significant capital investment. The SBA suggests using proration for this matter but supports upgrading the CIS to eliminate proration in the future.

101751Reply Submission - NSPI 2 passages
Reply to Billing Directive Comments p. p. 2
Reply to Billing Directive Comments - As a starting point in providing these comments regarding the Board's Billing Directive, it is - important to reiterate that proration is not NS Power's "preferred" method. It is the only method - curr...

AI summary NS Power states that proration is the only feasible method for billing due to system limitations and high costs of alternatives. They argue that implementing a different method would require significant system changes and incur substantial capital and operational costs.

2026-2027 GRA Reply to Comments on NS Power's Compliance Filing Non Confidential p. p. 2
2026-2027 GRA Reply to Comments on NS Power's Compliance Filing Non Confidential In providing their comments, the CA and SBA both acknowledge this point and support the use of proration for billing purposes in this matter, while the IG has...

AI summary NS Power responds to comments from the Consumer Advocate (CA) and Small Business Advocate (SBA) on proration methodology for rate changes. The CA and SBA support proration but suggest upgrading the CIS system to eliminate the need for proration in the future. NS Power confirms its commitment to assessing system upgrades and states that the Board's concerns have already been addressed.

101824Decision Letter re: New rates and regulations 2 passages
M12451 – Nova Scotia Power Inc. – 2026 General Rate Application (GRA) p. p. 0
d in longer periods between actual meter readings than usual. It was also not clear to the Board why NS Power needed to continue to use proration at all given its significant investment in AMI meters. In its compliance filing, NS Power exp...

AI summary NS Power explained its continued use of proration due to limitations in its legacy Customer Information System despite AMI meter investments. It also addressed concerns about proration periods post-cyberattack, stating that billing processes have returned to normal with AMI data reconnected and performance within regulated standards.

15.1 Regulations 1.1, 5.1, 7.1 and 7.3 p. p. 0
- [680] The Board has several concerns with NS Power's request to implement AMI opt-out fees at this time. Based on the responses provided during the hearing, it appears that meter reader costs associated with opt-out meters and those asso...

AI summary The Board has concerns about NS Power's proposal to implement AMI opt-out fees, citing insufficient delineation of meter reader costs and questionable forecasts. It also questions NS Power's dismissal of self-reporting options for opt-out customers and suggests exploring technological solutions like AI to address potential inaccuracies.

101825Board Order 40 passages
The Board orders that: p. p. 4
ssets within the scope of the Decarbonization Deferral Account, and that were excluded from NS Power's revenue requirement in this application because it anticipated these assets would be securitized.

AI summary The Board orders that assets within the scope of the Decarbonization Deferral Account, which were excluded from NS Power's revenue requirement due to anticipated securitization, are now included.

DOMESTIC SERVICE TARIFF Page 1 of 2 p. p. 4
DOMESTIC SERVICE TARIFF Page 1 of 2 Rate Codes 02, 03, 04

AI summary The document outlines the Domestic Service Tariff, specifically Rate Codes 02, 03, and 04, which are part of the regulatory framework for electricity pricing in Nova Scotia.

AVAILABILITY p. p. 4
AVAILABILITY This tariff is applicable to electric energy used by any customer in a private residence for the customer's own domestic or household use, including lighting, cooking, heating, or refrigeration purposes. Upon application to th...

AI summary The Domestic tariff applies to electric energy used in private residences for domestic purposes. It may also apply to outbuildings on residential property if used for personal pursuits. Commercial use of such outbuildings requires application of General or Industrial tariffs. The tariff's applicability is governed by Section 73 of the Public Utilities Act.

PURPOSE p. p. 5
PURPOSE This is an optional tariff designed to promote the shifting of load from peak to off-peak periods. This tariff is available to customers who are eligible for service under the Domestic Service Tariff.

AI summary This optional tariff aims to encourage customers to shift their energy usage from peak to off-peak periods and is available to those eligible under the Domestic Service Tariff.

Section 23 p. p. 5
Effective December 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-6-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy Charge applies in all...

AI summary Effective December 1, 2025, the Nova Scotia Energy Board's decision on NS Power's 2025/26 Time-varying Pricing (TVP) Tariffs (M12499) establishes an Interim Energy Charge during periods of system unavailability. Critical Peak Events are suspended during this period, and specific rate restoration and notification procedures are outlined depending on when system functionality is restored.

Preamble p. pp. 6-63
The Critical Peak Event pricing applies when a Critical Peak Event is called. In all other hours in the Winter Period, and for all hours in the Non-Winter Period, the rate shall be the Non-critical Peak Hours rate in the table above.

AI summary The document outlines the Critical Peak Event pricing structure, which applies only during Critical Peak Events, with different rates applied during non-critical peak hours in the Winter and Non-Winter Periods.

CRITICAL PEAK EVENT PROCEDURE p. pp. 6-28
CRITICAL PEAK EVENT PROCEDURE - (1) In the Winter Period, Critical Peak Events exclude all hours on the following holidays: January 1, Nova Scotia Heritage Day, Good Friday, Easter Monday, November 11, December 25 and December 26. If Janua...

AI summary This section outlines the procedure for Critical Peak Events during the Winter Period, including excluded holidays, scheduling criteria, customer notifications, and limitations on the frequency of events.

PURPOSE p. pp. 9-33
PURPOSE This is an optional tariff designed to promote the shifting of load from peak to off-peak periods. This tariff is available to customers who are eligible for service under the Domestic Service Tariff.

AI summary This optional tariff aims to encourage customers to shift their energy usage from peak to off-peak periods and is available to those eligible under the Domestic Service Tariff.

Section 38 p. p. 9
Effective November 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-10-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy Charge applies in all...

AI summary The Nova Scotia Energy Board has approved NS Power's application for 2025/26 Time-varying Pricing (TVP) Tariffs, effective November 1, 2025. The Interim Energy Charge applies during periods of system unavailability and will be replaced with standard TVP rates upon system restoration, with specific notification requirements based on the restoration date.

Section 56 p. pp. 14-15
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 Domestic Service Time-of-Day Tariff is available to residential customers using specific electric heating systems and is subject to certain conditions. The tariff applies to private residences and outbuildings based on their primary use, with different rates for personal, commercial, or industrial purposes.

Section 66 p. p. 17
Effective December 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-18-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy Charge applies in all...

AI summary Effective December 1, 2025, the Nova Scotia Energy Board's decision on NS Power's 2025/26 Time-varying Pricing (TVP) Tariffs introduces an Interim Energy Charge during system unavailability, with specific rules for Critical Peak Events and rate restoration based on system functionality restoration dates.

Rate Code 72 p. p. 18
Rate Code 72 cents per kilowatt-hour For the first 200 During a kilowatt-hours per Critical Peak month after Critical Event Peak Event usage For all additional kilowatt-hours Effective November 1, 2026 151.941 16.739 15.331 Effective Janua...

AI summary Rate Code 72 outlines a tiered pricing structure for electricity, with distinct rates for the first 200 kilowatt-hours during Critical Peak Events and for additional usage. The rates are effective from November 1, 2026, and January 1, 2027, with Critical Peak Events defined as four-hour periods during the winter months.

SMALL GENERAL CRITICAL PEAK PRICING TARIFF Page 4 of 4 p. pp. 20-21
SMALL GENERAL CRITICAL PEAK PRICING TARIFF Page 4 of 4 Rate Code 72 - (e) The customer cannot be taking seasonal service from NSPI under Regulation 3.3. - (f) The customer cannot be taking Net Metering service from NSPI under Regulation 3....

AI summary The Small General Critical Peak Pricing Tariff (Rate Code 72) restricts eligibility for customers taking seasonal service or Net Metering service from NSPI under specific regulations.

PURPOSE p. p. 21
PURPOSE This is an optional tariff designed to promote the shifting of load from peak to off-peak periods. This tariff is available to customers who are eligible for service under the Small General Tariff.

AI summary This optional tariff aims to encourage customers to shift their energy usage from peak to off-peak periods. It is available to customers eligible for service under the Small General Tariff.

Section 81 p. pp. 21-22
Effective November 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-22-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy Charge applies in all...

AI summary Effective November 1, 2025, the Nova Scotia Energy Board's decision on NS Power's 2025/26 Time-varying Pricing (TVP) Tariffs introduces an Interim Energy Charge applicable during periods of system unavailability, outlines billing procedures for Small General Time of Use Tariff customers, and specifies notification requirements for restoring TVP rates once system functionality is restored.

DEMAND CHARGE p. pp. 24-41
DEMAND CHARGE per month per kilowatt of maximum demand Effective upon the date of the Board's Order $9.809 Effective January 1, 2027 $10.697 32 cents per kilowatt reduction in demand charge where the transformer was owned by the customer p...

AI summary The document outlines the demand charge rates effective from the date of the Board's Order and January 1, 2027. It also mentions a reduction in the demand charge for customers with transformers owned prior to February 1, 1974, or under Special Condition (2).

MAXIMUM PER KWH CHARGE/MINIMUM BILL p. pp. 24-25
MAXIMUM PER KWH CHARGE/MINIMUM BILL The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill shall not be less than the rates in the table below.

AI summary The document establishes a maximum charge per kWh based on a 10% billing load factor, with a minimum monthly bill requirement as outlined in a table.

PURPOSE p. p. 26
PURPOSE This is an optional tariff designed to promote the shifting of load from peak to off-peak periods. This tariff is available to customers who are eligible for service under the General Tariff.

AI summary This optional tariff aims to encourage customers to shift their energy use from peak to off-peak periods. It is available to those eligible under the General Tariff.

DEMAND CHARGE p. pp. 26-30
DEMAND CHARGE per month per kilowatt of maximum demand Effective upon the date of the Board's Order $9.809 Effective January 1, 2027 $10.697 32 cents per kilowatt reduction in demand charge where the transformer was owned by the customer p...

AI summary The document outlines the demand charge rates effective from the date of the Board's Order and January 1, 2027. It also mentions a 32-cent reduction in demand charge for customers with transformers owned prior to 1974 or under a specific special condition.

INTERIM ENERGY CHARGE p. pp. 26-31
INTERIM ENERGY CHARGE Effective December 1, 2025, in accordance with the Nova Scotia Energy Board (NSEB, Board) Decision[1](#page-27-0) on NS Power's Application for 2025/26 Time-varying Pricing (TVP) Tariffs (M12499): - The Interim Energy...

AI summary The Interim Energy Charge, effective December 1, 2025, applies during all hours in both winter and non-winter periods and is set to standard offer rates while system functionality is unavailable. Critical Peak Events will not be scheduled during this period, and NS Power must notify customers when functionality is restored, with specific grace periods depending on the restoration date.

p. p. 27
1 M12499 – Board Decision, 325286, page 5. October 28, 2025. Interim Energy Charge During a Critical Peak Event For the first 200 kilowatt hours per month per maximum demand For all additional kilowatt-hours Effective upon the date of the...

AI summary The document outlines the interim energy charge rates during a Critical Peak Event, including different rates for the first 200 kilowatt-hours and additional kilowatt-hours. It also defines the duration and timing of the Critical Peak Event during the Winter Period.

MAXIMUM PER KWH CHARGE/MINIMUM BILL p. p. 28
MAXIMUM PER KWH CHARGE/MINIMUM BILL The maximum charge per kWh, applying to that portion of the bill which is not concerned with determination of the cost of the Critical Peak Events, will be that for a billing load factor of 10% except th...

AI summary The text outlines the maximum charge per kWh and the minimum monthly bill, specifying that the maximum charge applies to the portion of the bill not related to Critical Peak Events, with a billing load factor of 10% and a minimum monthly bill threshold.

DEMAND CHARGE p. pp. 37-49
DEMAND CHARGE As follows, per month per kilovolt ampere of maximum demand of the current month or the maximum actual demand of the previous December, January, or February occurring in the previous eleven (11) months.

AI summary The demand charge is calculated based on the maximum demand of the current month or the highest actual demand from the previous December, January, or February within the last eleven months, charged per kilovolt ampere per month.

The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill shall not be less than as follows. p. p. 40
The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill shall not be less than as follows. per month Effective upon the date of the Board's Order $22.00 Effective January 1, 2027 $22.73...

AI summary The text sets a maximum charge per kWh based on a billing load factor of 10%, with a minimum monthly bill of $22.00 upon the Board's Order and $22.73 effective January 1, 2027.

MEDIUM INDUSTRIAL TARIFF Page 2 of 2 p. p. 42
MEDIUM INDUSTRIAL TARIFF Page 2 of 2 (250 kVA or 225 kW to 1,999 kVA or 1,799 kW)

AI summary This document outlines the Medium Industrial Tariff for Nova Scotia, specifying the applicable load ranges from 250 kVA or 225 kW up to 1,999 kVA or 1,799 kW.

As follows, per kilovolt ampere of maximum demand of the current month or the maximum actual demand of the previous December, January, or February occurring in the previous eleven (11) months. p. p. 43
As follows, per kilovolt ampere of maximum demand of the current month or the maximum actual demand of the previous December, January, or February occurring in the previous eleven (11) months. per month Effective upon the date of the Board...

AI summary The text outlines a rate structure based on kilovolt ampere of maximum demand, referencing specific rates effective upon the Board's Order and January 1, 2027. It also introduces the 'Distribution Cost Adder' section.

INTERRUPTIBLE RIDER TO THE LARGE INDUSTRIAL TARIFF (RATE CODE 25) p. p. 46
INTERRUPTIBLE RIDER TO THE LARGE INDUSTRIAL TARIFF (RATE CODE 25) Customers who qualify for interruptible service will receive a per month per kilovolt ampere reduction in demand charge for billed interruptible demand, as shown in the tabl...

AI summary The interruptible rider to the Large Industrial Tariff (Rate Code 25) provides a monthly reduction in demand charges based on billed interruptible demand, defined as the difference between contracted firm demand and billing demand. Credits apply only when billing demand is less than contracted demand, with specific rules for calculating billed interruptible demand.

reduction per kilovolt ampere reduction in demand charge p. p. 46
reduction per kilovolt ampere reduction in demand charge Effective upon the date of the Board's Order $7.638 Effective January 1, 2027 $7.667 AVAILABILITY

AI summary The document provides the rate of reduction per kilovolt-ampere reduction in demand charge, effective upon the date of the Board's Order and January 1, 2027. The values are $7.638 and $7.667, respectively.

(c) Operating Only p. p. 54
(c) Operating Only kWh per per month ($) Rate Code Watts month 2026 2027 Other 301 125 52 9.98 10.60 302 175 69 13.24 14.06 303 250 97 18.62 19.77 304 400 154 29.56 31.38 305 700 260 49.90 52.98 306 1,000 363 69.67 73.97 (3) Fluorescent

AI summary The text presents a table of rate codes with corresponding wattage, kWh per month, and associated costs for 2026 and 2027. It also includes a heading referencing 'Fluorescent' which may relate to energy efficiency or lighting programs.

Section 208 p. p. 61
The maximum charge per kWh will be that for a billing load factor of 10% except that the minimum monthly bill for the electric power and energy portion of the Miscellaneous Lighting Rate shall be $ as follows per month if such unmetered se...

AI summary The text outlines the maximum charge per kWh based on a billing load factor of 10%, with a specified minimum monthly bill for the electric power and energy portion of the Miscellaneous Lighting Rate when billed separately from any metered account.

Availability p. p. 62
Availability This rate shall be applicable to the supply, operation and maintenance of lighting units not provided for under the Street and Area Lighting rate.

AI summary This rate applies to the supply, operation, and maintenance of lighting units not covered by the Street and Area Lighting rate.

(b) From non-FAM classes p. p. 65
(b) From non-FAM classes When a customer transitions its load, whether in whole or in part, to a FAM class from a non-FAM class, the customer will pay (or be reimbursed) outstanding FAM balances outside of the Fuel Adjustment Rider, on rea...

AI summary When a customer transitions from a non-FAM class to a FAM class, outstanding FAM balances are settled outside the Fuel Adjustment Rider on terms acceptable to the customer and NS Power, requiring NSEB approval.

2026 p. p. 66
2026 Effective upon the date of the Board's Order Rate Class Actual Adjustment (AA) in cents per kWh Balance Adjustment (BA 1) in cents per kWh Balance Adjustment (BA-2) in cents per kWh FAM AA/BA Combined in cents per kWh Large Industrial...

AI summary The document outlines the effective dates and adjustments for various rate classes and schedules under the Board's Order. It includes details on Fuel Adjustment Mechanism (FAM) adjustments and the versions of OATT schedules applicable from the date of the Board's Order or specific dates.

7. NS POWER RESPONSIBILITIES p. p. 92
7. NS POWER RESPONSIBILITIES NS Power shall be responsible for: - (a) provision of Distribution System Access; - (b) processing RtR Customer Transaction Request Applications that are received from an LRS on behalf of the RtR Customer; - (c...

AI summary NS Power is responsible for providing distribution system access, processing customer transaction requests, providing billing data, and acting as a contact point for RtR Customers. However, it is not responsible for supplying electricity, monitoring contracts between RtR Customers and LRS, or being liable for the LRS's failures.

10.1 Provision and Ownership p. p. 94
10.1 Provision and Ownership NS Power will provide, install and seal all revenue class meters as necessary for application of this Distribution Tariff. The meters will be used for determining charges for Distribution System Access under th...

AI summary NS Power is responsible for providing, installing, and sealing revenue class meters for RtR Customers under the Distribution Tariff. The meters must have remote polling capability and comply with the Electricity and Gas Inspection Act. All metering equipment remains the property of NS Power, and requirements are detailed in the NS Power Regulations Section 4 - Metering.

11.1 Application of Distribution Tariff Rates p. p. 95
11.1 Application of Distribution Tariff Rates The Distribution Tariff amounts payable by the RtR Customer will be calculated by NS Power using the RtR Customer's meter readings and the Distribution Tariff Rate Schedule applicable to the Rt...

AI summary NS Power calculates distribution tariff amounts for RtR Customers based on meter readings and applicable rate schedules. If a customer's operational or consumption characteristics change, NS Power will adjust the tariff rate to match the new classification.

11.3 Real Power Losses p. pp. 95-96
11.3 Real Power Losses Distribution System Real Power Losses associated with Distribution System Access are incorporated in the Distribution Tariff rates applicable to each RtR Customer's rate class. The RtR Customer is responsible for the...

AI summary Real power losses in the distribution system are included in the distribution tariff rates for each RtR customer's rate class, and the responsibility for these costs falls on the RtR customer.

Applicable Tariff PCR (cents per kWh) BA (cents per kWh) DCRR (cents per p. pp. 112-113
Applicable Tariff PCR (cents per kWh) BA (cents per kWh) DCRR (cents per kWh) Domestic Service, Domestic Service Time-of-Day, Domestic Service Time-of-Use, Domestic Service Critical Peak Pricing 0.642 0.006 0.648 Small General, Small Gener...

AI summary The document presents a table showing applicable tariffs, including PCR, BA, and DCRR values for different service types. It also mentions that BA2 is calculated in 2027 and applied over the 2028–2031 term. This relates to cost recovery and tariff design mechanisms.

Wholesale Market Backup/Top-up Service Tariff (BUTU). p. p. 121
Wholesale Market Backup/Top-up Service Tariff (BUTU). - 2. For ATL and BUTU classes the following costs and credits - a. NS Power's plant fuel costs - b. costs of biofuels of purchased biomass generation - c. non-firm imports costs - d. ex...

AI summary The Wholesale Market Backup/Top-up Service Tariff (BUTU) outlines how fuel and other costs are classified and allocated to different classes based on their energy requirements and load factors. Fuel costs are adjusted using a revenue-to-cost ratio to align with approved rates for each class.

7.0 DEFINITIONS p. p. 144
through the 'BA: (Refund)/Recovery Rate'. Prior Years (Refund)/Recovery Amount Beginning Balance: the balance remaining at the beginning of the period, on the previous year's 'Actual Adjustment'. Total Balance Account Beginning Balance: th...

AI summary The text defines several financial and operational terms used in the regulatory proceeding, including refund/recovery rates, balance account beginning balances, total purchased power, system requirements, pricing charges for industrial customers, and water royalties related to hydroelectric operations.

20260107-1Hearing Transcript — 01/07/2026 (Willett, Williams, Flemming, MacIntosh, Blair) 34 passages
OPENING STATEMENT 13 AFFORDABLE ENERGY COALITION
OPENING STATEMENT 13 AFFORDABLE ENERGY COALITION 1 has been taken. We submit that the Board could review 7 proposal that would force families to pay hundreds of 8 dollars more each year for electricity by increasing 9 standard residential...

AI summary The Affordable Energy Coalition argues that Nova Scotia Power's repeated rate increases, combined with a cybersecurity breach and frequent unplanned outages, create financial and operational instability for customers. These issues, including unpredictable billing and lack of trust, are seen as a pattern of poor management and insufficient customer support.

OPENING STATEMENT 25 NOVA SCOTIA LIBERAL CAUCUS
OPENING STATEMENT 25 NOVA SCOTIA LIBERAL CAUCUS 1 households and businesses with predictable electricity 2 costs allowing for better budgeting and long-term 3 planning. It would give businesses confidence to invest 4 and expand and would i...

AI summary The Nova Scotia Liberal Caucus emphasizes the need for predictable electricity costs to aid households and businesses in budgeting and long-term planning. They urge the Board to minimize rate increases, recognize the financial burden on Nova Scotians, and adopt a five-year multiyear rate plan for stability and fairness.

1 Scotia Power.
NSP COST OF SERVICE PANEL 39 In-ch, (Clarke) 1 Scotia Power. 6 regulation industry for 10 years, mostly in the areas of 7 cost allocation rate design. 8 In Ontario, I've prepared cost 9 allocation evidence for over a dozen distributors, as...

AI summary The text discusses Mr. Blair's extensive experience in cost allocation and rate design across multiple provinces, including evidence he has prepared for various regulatory proceedings. It also mentions his involvement in the Cost of Service Study process and the submission of a consultation report as part of the proceeding.

NSP COST OF SERVICE PANEL 45 Questions, (Deveau)
NSP COST OF SERVICE PANEL 45 Questions, (Deveau) 1 evidence but did not go to an oral hearing, 2 Okay. Q. 3 A. (Blair) which is fairly 4 common in Ontario. Very rarely does the application 5 process go to an oral hearing. 6 Okay. And when...

AI summary The text discusses a proceeding involving Nova Scotia Power (NSP) and includes testimony from Blair regarding his role as a consultant in load forecasting and cost allocation. The discussion references a previous matter involving Hydro One export transmission service charges and touches on the process of evidence submission without an oral hearing.

OPENING STATEMENT 59 NSP COST OF SERVICE PANEL
OPENING STATEMENT 59 NSP COST OF SERVICE PANEL 1 We know that there is never a good 2 time to request an increase in electricity rates and that 3 even small increases can have big impact on families and 4 businesses. We continue to work wi...

AI summary Nova Scotia Power Inc. acknowledges the difficulty of requesting electricity rate increases and outlines recent efforts with the Province to avoid them, including financial arrangements and projects such as the fuel cost receivable and the Maritime Link Federal Loan Guarantee. The company emphasizes a robust and transparent process involving customer representatives in the General Rate Application.

Section 68
service under the new tariff would, yes, be subject to the outcome of that process. Q. And given the timing of that Application, it's clear that PHP is not going to be served on the above-the-line rate for at least several months in 2026;...

AI summary The discussion revolves around the timing of PHP service under a new tariff and whether it will be subject to above-the-line rates in 2026. The witness acknowledges that the Board has discretion in the matter and that it is likely to take several months before PHP is served on the above-the-line rate.

1, 2027.
1, 2027. 1 A. (Williams) I think what was 2 intended with that passage was it's certainly no later 3 than January 1, 2027. 4 And it's possible that PHP may Q. 5 not be satisfied by the outcome of that proceeding at all 6 and not be served...

AI summary The text discusses a proceeding related to the allocation of costs to PHP, with the possibility that PHP may not be satisfied by the outcome of the proceeding and may not be served at an above-the-line tariff. The difference in costs between above-the-line and below-the-line customers is proposed to be collected and recovered from other above-the-line customers in a deferral account.

NSP COST OF SERVICE PANEL 77 Cr-ex, (Rudderham)
NSP COST OF SERVICE PANEL 77 Cr-ex, (Rudderham) 1 Q. And PHP was a signatory on this 15 suggestion to you that it's likely more appropriate in 16 that proceeding than this proceeding. 17 Okay. I do want to ask for an Q. 18 updated version...

AI summary The discussion revolves around updating the Cost-of-Service Study to reflect a change in PHP demand at 3CP from 65 to 8 megawatts. The request is made by Ms. Rudderham, and the response from Mr. Williams indicates that the change would need to be verified. The updated study is to be provided as part of Undertaking U-3.

1 A. (Willett) Perfect. So this
1 A. (Willett) Perfect. So this 2 response outlines the three areas which are the main 3 drivers of the discrepancy between the average class 4 impact versus the domestic class impact. So I'll just 5 talk about the second point first. 6 So...

AI summary The response outlines the factors contributing to the discrepancy between average class impact and domestic class impact, noting a 5% increase in domestic class usage during system peak events from the 2023/2024 General Rate Application to the 2026/2027 cost-of-service study.

Preamble
electric heating moving from oil; customer –– we've experienced significant customer growth in the domestic class. So those are reasons why that can increase, so that is one of the driving factors. Also, which we'll be talking about, is po...

AI summary The discussion focuses on the increase in costs allocated to the domestic customer class, driven largely by changes in the cost-of-service methodology. The change was prompted by a Board directive following the last General Rate Application and involves a year-long process with stakeholder input to reallocate costs based on principles of cost causation.

NSP COST OF SERVICE PANEL 97 Cr-ex, (Mahody)
NSP COST OF SERVICE PANEL 97 Cr-ex, (Mahody) methodology and the Line Loss Study, specifically, that helped the domestic class as well. So Line Loss Study produced lower line losses for the domestic class, that was an item that benefitted,...

AI summary The discussion centers on the methodology of cost-of-service studies, which are used to assign a utility's revenue requirement to customer classes based on the costs they impose on the system. The process involves functionalizing, classifying, and allocating costs according to factors like energy use and peak demand.

NSP COST OF SERVICE PANEL 99 Cr-ex, (Mahody)
NSP COST OF SERVICE PANEL 99 Cr-ex, (Mahody) 1 based on cost causation? 2 (Blair) Yes, that's correct. A. 3 Q. Mr. Willett, you mentioned a few 4 moments ago about the Board directing a cost to be 5 completed coming out of the last Rate Ap...

AI summary The discussion revolves around the process Nova Scotia Power (NSP) undertook to comply with the Board's directive to complete a Cost-of-Service Study following the 2022 Rate Application hearing. NSP engaged in stakeholder sessions with customer representatives and experts to understand and address concerns about their cost-of-service methodology.

1 material to the Application. I believe every aspect that
NSP COST OF SERVICE PANEL 107 Cr-ex, (Mahody) 1 material to the Application. I believe every aspect that 2 is or I would view as material was included and 3 described in the filing itself. So I don't believe the 4 filing would have been mi...

AI summary The speaker asserts that all material information was included in the filing and suggests that the Settlement Agreement should have been filed as part of the Application. The discussion refers to the draft GRA and mentions a future proceeding related to the minimum system methodology after the 2026/2027 test period.

NSP COST OF SERVICE PANEL 125 Cr-ex, (Mahody)
NSP COST OF SERVICE PANEL 125 Cr-ex, (Mahody) detail on to assist in determining whether or not the Minimum System classification is the appropriate system classification going forward? A. (Willett) I think it would be seeking stakeholder...

AI summary The discussion centers on determining the appropriate system classification for the Minimum System Study, emphasizing the need for stakeholder feedback and ongoing collaboration with customer representatives. It also touches on the differences between this process and piloting time-infused rates.

BY MR. MAHODY: Q. So N-37, page 20 in the PDF, line 16. Here Ms. Palmer has identified additional Cost- of-Service Study methods that she thinks should be reviewed as part of whatever future process occurs, and she lists out the three areas here. Has Nova Scotia Power had a opportunity to consider those, and do you have a position on whether you agree with those being part of consideration in future cost-of-service matters? A. (Williams) Thanks, Mr. Mahody. I think what the Settlement Agreement does is it expressly identifies Minimum System as being subject to what we would see as a standalone application or matter that we would bring to the Board in 2026, and that's what's described in the Settlement Agreement. And as it says in the Settlement Agreement, any party may take any position they so choose. Subsequent to the test period, the '26-'27 test period, we would not –– our expectation is
BY MR. MAHODY: Q. So N-37, page 20 in the PDF, line 16. Here Ms. Palmer has identified additional Cost- of-Service Study methods that she thinks should be reviewed as part of whatever future process occurs, and she lists out the three area...

AI summary Nova Scotia Power's representative discusses the Settlement Agreement, which identifies the Minimum System as a standalone matter for consideration in 2026. The representative notes that while parties are free to take positions in future cost-of-service matters, there is an expectation to avoid repeating the same extensive process undertaken recently, though the Minimum System may require further review.

NSP COST OF SERVICE PANEL 129 Cr-ex, (Mahody)
NSP COST OF SERVICE PANEL 129 Cr-ex, (Mahody) 1 point, Cost-of-Service Study –– a full Cost-of-Service 14 reading the words, but I appreciate that I'm just reading 15 the words. 16 MAHODY: Okay, Mr. Chair, those MR. 17 are –– this would be...

AI summary The text is from a regulatory proceeding involving Nova Scotia Power's Cost-of-Service Study, with a discussion on the inclusion of the Pooled Hydro Program (PHP) as an above-the-line customer in the 2026/2027 study, contingent on Board approval for a new PHP tariff.

NSP COST OF SERVICE PANEL 135 Cr-ex, (Mahody)
NSP COST OF SERVICE PANEL 135 Cr-ex, (Mahody) 1 said, I think we all recognize that was a best-case 2 scenario. 3 So that would be kind of one end of 4 the timeline, if you were. The other end is a no later 5 than is the January 1st, 2027....

AI summary The discussion highlights a timeline for implementation, noting a best-case scenario and a deadline of January 1, 2027. It also addresses the distinction between a tariff being available and service being taken under that tariff, with reference to the Settlement Agreement and PHP's decision.

BY MEMBER MURPHY:
BY MEMBER MURPHY: - Q. Okay. I just wanted to go back - to the Minimum System method just for a second. This is - what I've inferred from reading the evidence as it relates - to the Minimum System method and the Basic Customer - method, an...

AI summary Member Murphy questions the distinction between the Basic Customer and Minimum System methods in a rate setting proceeding, asking if the former establishes the minimum and the latter the maximum customer charge for distribution costs. Blair and Willett confirm this, noting differences in how each method allocates customer-related costs.

Section 135
INTERNATIONAL REPORTING INC. CERTIFIED COURT REPORTERS Agreement. On PDF page 11 of N-27 again no need to call it up, Jeff, I don't think it states: ...the appropriate apportionment of assessment costs from the Maritime Link is between gen...

AI summary The discussion revolves around the apportionment of Maritime Link assessment costs between generation and transmission. The witness explains that the Nova Scotia Block and Supplemental Block use the system load factor (SLF) methodology, with surplus costs classified as 100% energy. The question focuses on how these costs are currently divided between generation and transmission.

NSP COST OF SERVICE PANEL 163 Questions, (Chair)
NSP COST OF SERVICE PANEL 163 Questions, (Chair) 1 Is that fair? 2 (Blair) Yes, that's fair. A. 3 Q. And, Mr. Blair, do you agree that 4 the cost of service allocation it's not a pure science? 5 A. (Blair) That's right. It's often 6 said i...

AI summary The discussion centers on the allocation of cost of service, acknowledging its subjective nature and the use of a range of reasonableness (95% to 105%) rather than a precise 100% allocation. The residential class is shown as 97.18% under a revenue-to-cost ratio, which is considered within an acceptable range of reasonableness.

NSP COST OF SERVICE PANEL 167 Questions, (Chair)
NSP COST OF SERVICE PANEL 167 Questions, (Chair) shift in costs under the new method of $26 million to domestic customers? A. (Willett) That is correct. That's the impact of the old cost-of-service methodology compared to the new cost-of-s...

AI summary The discussion revolves around the impact of changing the cost-of-service methodology on different customer classes, particularly the shift of costs to domestic customers under the new method, and the potential offset of these changes by adopting the Basic Customer method.

NSP COST OF SERVICE PANEL 169 Questions, (Chair)
NSP COST OF SERVICE PANEL 169 Questions, (Chair) 1 earlier, there are other factors that are driving the 2 increase to the domestic class being above average, 3 outside of the cost of service as well. 4 Right. But from a cost-of Q. 5 servi...

AI summary The discussion centers on the cost-of-service model changes for the domestic class, specifically the impact of switching from the Minimum System method to the Basic Customer method. Concerns are raised about cost causation and the potential offset of other changes, with differing opinions on the approach.

NSP COST OF SERVICE PANEL 173 Questions, (Chair)
NSP COST OF SERVICE PANEL 173 Questions, (Chair) because that's what the parties agreed to in the Settlement Agreement? A. (Willett) No, I think it's fair, and it's our expectation, I think that's why we're here today, that the Board would...

AI summary The discussion revolves around the Settlement Agreement and the Minimum System Study, with the parties suggesting that the Board consider the trade-offs made in the agreement. There is a focus on rate stability and the potential negative impact on domestic customers, as well as the timing of implementing changes to the cost of service model.

NSP COST OF SERVICE PANEL 175 Questions, (Chair)
NSP COST OF SERVICE PANEL 175 Questions, (Chair) 1 couple of years, how is that consistent with Bonbright's 2 principle? 3 A. (Williams) It's a great question, 4 sir, and it's one that we've thought a fair bit about. 5 And I think what we'...

AI summary The discussion addresses the cost of service principle and its implications on rate impacts, emphasizing that cost of service is not a mitigating factor for rate impacts. The speaker acknowledges the impacts of changes on customer groups and references RC ratios, noting that the domestic class is closer to 95 while others are closer to 105. The 105/95 ratio is discussed in terms of the imprecision of cost of service and rate design.

NSP COST OF SERVICE PANEL 179 Questions, (Chair)
NSP COST OF SERVICE PANEL 179 Questions, (Chair) 1 would impact rates when you're making a whole bunch of 2 other changes that are impacting rates. 3 A. (Williams) Yes, and I think it's 4 recognizing that impact. So I think again, you go b...

AI summary The text discusses the impact of resolving certain issues within a proceeding, including the potential effects on the Settlement Agreement and the allocation of distribution costs using the Basic Customer method, which is noted as uncommon in Canada.

NSP COST OF SERVICE PANEL 183 Questions, (Chair)
NSP COST OF SERVICE PANEL 183 Questions, (Chair) 1 100 percent demand to the primary systems. It would be 2 fair to say that that is more closely aligned with the 3 Basic Customer method than the Minimum System method? 4 A. (Blair) Yes, fo...

AI summary The discussion revolves around the alignment of demand calculation methods with the Basic Customer method, referencing the Minimum System method and Manitoba Hydro systems. It also touches on familiarity with NARUC and its Desk Reference Manual, with agreement on a high-level overview of cost allocation and revenue requirement.

1 one incremental customer doesn't cause incremental 16 I think I have them on another Q. 17 list, so I just was 18 (Blair) We can wait. A. 19 before I left the panel, I Q. 1 just want to make sure I wasn't losing my opportunity. 2 A. (Bla...

AI summary The discussion revolves around the impact of adopting the Basic Customer method on domestic and small general customer charges, with a focus on whether adjusting the customer charge to reflect actual cost-of-service levels would significantly affect the current 75% setting.

NSP DEPRECIATION PANEL 205 In-ch, (Clarke)
NSP DEPRECIATION PANEL 205 In-ch, (Clarke) 1 been conducting depreciation studies for utility companies 2 since our firm's inception in 1915. We also prepare cost 3 of-service allocation and rate design studies, rate of 4 return studies, l...

AI summary Gannett Fleming has been conducting depreciation studies for utility companies since 1915 and prepared the 2023 Depreciation Study for Nova Scotia Power, which was filed with the Board as Appendix 8A of the Application. The study has no revisions and is being adopted as sworn evidence.

NSP DEPRECIATION PANEL 227 Cr-ex, (MacAdam)
NSP DEPRECIATION PANEL 227 Cr-ex, (MacAdam) 1 us at this point, but it's not not trying to dance 2 around the question. It's just a matter of the fact that 3 those are true costs, and if we had an approved revenue 4 requirement that includ...

AI summary The speaker discusses the challenges of providing definitive figures for financing and depreciation due to the current rate cap and delayed securitization. They emphasize the need to fully fund the '26 and '27 test period, acknowledging limitations in control over rate timing and securitization.

NSP DEPRECIATION PANEL 235 Cr-ex, (MacAdam)
NSP DEPRECIATION PANEL 235 Cr-ex, (MacAdam) 1 THE CHAIR: Right. You're asking the 14 I think he's addressed the question. I'll have to think 15 about it, anyway. 16 Sorry, Ms. MacAdam. I didn't mean to 17 step all over you there. 18 MS. Ma...

AI summary The text discusses a depreciation panel proceeding involving Nova Scotia Power (NSP) and the request to defer financing costs at WACC, with the intention to recover these costs through securitization. The discussion includes cross-examination by Ms. Rudderham on behalf of the Industrial Group, referencing evidence from Dustin Madsen.

1 BY MR. MAHODY:
1 BY MR. MAHODY: 2 [3:10:00] So Mr. Wiedmayer, this is Q. 3 Mr. Pous's testimony filed in that matter, and I'd like to 4 take you to PDF page 88, and at line 4, Mr. Pous states: 5 6 7 8 9 10 11 12 13 This portion of my testimony will addre...

AI summary The testimony discusses the ELG-based depreciation method proposed by NSP and the opposition to it from Mr. Pous and Mr. Selecky, who argue that it leads to front-end loaded depreciation and intergenerational inequities.

NSP DEPRECIATION PANEL 297 Questions, (Murphy)
NSP DEPRECIATION PANEL 297 Questions, (Murphy) 1 Q. That's right, yeah. 2 A. (MacIntosh) So in this GRA 3 Application when we consider partial decommissioning we 4 only included the assets to support the generation of the 5 asset. So, for...

AI summary The discussion revolves around the partial decommissioning of assets in the General Rate Application (GRA) by Nova Scotia Power (NSP), referencing the Yates Report from 2018 and the associated costs escalated to 2024 dollars. The Yates Report is identified as a key source for these costs, and there is a request to file the report as an undertaking.

NSP DEPRECIATION PANEL 309 Questions, (Murphy)
NSP DEPRECIATION PANEL 309 Questions, (Murphy) 1 Depreciation Study: 2 3 4 5 6 7 [Nova Scotia] Power has initiated the broader discussions that is necessary to arrive at a future approach for these assets that considers and takes into acco...

AI summary Nova Scotia Power is initiating broader discussions on depreciation for assets, emphasizing the need for stakeholder input from various groups including government, environmental, and community perspectives. The process is expected to take time and may not be complete before the next GRA.

NSP DEPRECIATION PANEL 311 Questions, (Murphy)
NSP DEPRECIATION PANEL 311 Questions, (Murphy) 1 impact on revenue requirements. Do you recall that? 2 A. (Flemming) Yes, I do. 3 My question is, I wonder if you Q. 4 could just tell me, for the first three items, I think the 5 response to...

AI summary The discussion centers on the impact of removing certain costs from depreciation expense on revenue requirements and average rate increases. The response estimates a 0.5% one-time rate change for the first three items and approximately 1% for all eight items, on a pretax basis.

20260108-1Hearing Transcript — 01/08/2026 (Pecurica, Willett, Williams, Flemming, Coyne) 11 passages
I N D E X O F P R O C E E D I N G S
I N D E X O F P R O C E E D I N G S PAGE NO. NSP DEPRECIATION PANEL, Previously Affirmed: Questions from The Chair 331 Further Cross-Examination by Mr. Mahody 378 Questions from The Chair 392 NSP COST OF CAPITAL PANEL, Solemnly Affirmed: E...

AI summary The document outlines an index of proceedings, including panels related to depreciation, cost of capital, and general regulatory matters involving Nova Scotia Power (NSP). It lists questions, cross-examinations, and exhibits from hearings, including CVs of experts and decisions from other regulatory bodies.

NSP COST OF CAPITAL PANEL 445 Cr-ex, (Mahody)
NSP COST OF CAPITAL PANEL 445 Cr-ex, (Mahody) 1 our analysis. 20 U.S. utilities exclusively or North American utilities, as INTERNATIONAL REPORTING INC. CERTIFIED COURT REPORTERS 1 we did. It was only one expert, Dr. Cleary, that relied 2...

AI summary The text discusses concerns raised about the equivalency of U.S. data used in determining the rate of return for Ontario's utilities, noting that the Board's decision to set a 9% rate of return for all Ontario utilities, despite a Canadian expert's recommendation of 7.05%, suggests reliance on U.S. data without explicit justification.

NSP COST OF CAPITAL PANEL 495 Questions, (Murphy)
NSP COST OF CAPITAL PANEL 495 Questions, (Murphy) 1 Q. Sure. 9 And you know, that would take us a few 10 days because it takes us –– we have to run the models, 11 check the inputs, and then we go through an auditing 12 process to make sure...

AI summary The discussion revolves around updating the Concentric cost of capital models as part of Undertaking U-14. The process involves running models, checking inputs, and auditing to ensure accuracy. The focus is on providing updated exhibits with analysis and inputs for comparison rather than revising the entire testimony.

1 A. (Coyne) I'm with you, Mr. Deveau. 1 2 3 4 5 6 7 8 9 10 11 expenditureswill be required. However, Morningstar DBRS expects [that] these plans will require substantial funding support from both the Provincial and Federal governments und...

AI summary The text discusses the need for substantial funding support from provincial and federal governments for planned initiatives, with a mention of monitoring the company's progress and reference to the Clean Electricity Solutions Task Force report. It also refers to the Decarbonization Deferral Account and securitization.

Section 173
Q. So lots of potential factors at play there. INTERNATIONAL REPORTING INC. CERTIFIED COURT REPORTERS A. (Williams) So yes, and I think all of the uncertainty that you and I are discussing here really just underlines the need for, and the...

AI summary The discussion focuses on the importance of deferral mechanisms in managing cost-of-service impacts, particularly in relation to PHP's potential subscription to the ELID Tariff. The witness emphasizes the need for caution when considering changes to PHP's treatment within the electricity system.

Section 174
s Nova Scotia Power done any calculation on how 17 that could impact the cost of service if the assumption is 18 that PHP, in fact, remains below-the-line? 19 A. (Williams) Well, I think, if I'm understanding your question, it was –– that...

AI summary The discussion revolves around Nova Scotia Power's calculation of the impact on the cost of service if PHP remains below-the-line, referencing an undertaking provided to Ms. Rudderham regarding the deferral account and true-up for 2026. The cost of service has been calculated assuming PHP is above-the-line, and any differences in the tariff for 2027 would affect the cost.

line.
line. 1 Q. And I guess just the reason I'm 2 asking is I'm trying to get some certainty some sense 3 of certainty about what the potential outcome could be 4 whether it's phrased through the vehicle of a deferral 5 account or whether it's...

AI summary The discussion focuses on the potential outcomes of a deferral account and different cost-of-service models, particularly their impact on the residential class. The witness refers to a tab in OR-1, Attachment 1, which outlines PHP's revenues as both below-the-line and above-the-line customers.

Section 189
rvice over the test 17 period, and it would be a fairly significant assumption 18 that was built into the GRA in terms of when that wind 19 farm would be coming online and when PHP's load would INTERNATIONAL REPORTING INC. CERTIFIED COURT...

AI summary The discussion revolves around the impact of timing changes in the implementation of a wind farm on revenue collected through electricity rates and potential effects on cost deferral. The GRA assumptions regarding the wind farm's online date and PHP load shifts are being considered in relation to the Board's decision on the PHP tariff.

Section 190
he Board's decision on the PHP tariff rather differs from the assumptions in the GRA. And then one of the assumptions is, as I said, certainly the uptake of load or the advent of Goose Harbour and the 1 resulting impact on load of PHP. 2 Q...

AI summary The Board's decision on the PHP tariff differs from the assumptions in the GRA, particularly regarding the impact of the Goose Harbour Lake Wind Farm on load. The Consensus Agreement includes provisions related to PHP load characteristics and the forecasted impact of the wind farm.

Section 198
1 think, "material aspects" and "material assumptions," and 2 I just want to get some clarity, I guess, to explain how 3 NSP is going to distinguish between the tariff-related 4 variances that are deferrable and volume-related variances 5...

AI summary The discussion focuses on distinguishing between deferrable tariff-related and volume-related variances, with NSP highlighting that only material or significant impacts to PHP's operations are considered, excluding normal course deviations.

- of the year. Do you recall that?
- of the year. Do you recall that? 1 A. (Williams) I recall a discussion. 2 I wasn't intending to clarify or change it. It was the 3 first half of 2026. 4 The first half. Q. 5 A. (Williams) Middle of the year. 6 No, that's fine. Q. 7 So if...

AI summary The discussion revolves around the securitization of deferred depreciation and financing costs by Nova Scotia Power during the 2026-2027 period. The timing of securitization, potentially starting in July 2026, is being considered, with implications for customer benefits and rate structures.

20260109-1Hearing Transcript — 01/09/2026 (Pecurica, Willett, WIlliams, Flemming, MacIntosh) 7 passages
1 A. (Williams) So I think I think 2 we knew of the potential for that, Mr. Mahody. I think, 3 as we've discussed, there's been many different avenues 4 that we have pursued to try to reduce costs and the 5 potential for a rate increase as...

AI summary The discussion centers on the company's awareness of potential rate increases and the steps taken to address them, including cost-reduction efforts and customer consultations. The company was preparing a Depreciation Study as per the Board's directive but delayed filing a rate case until further discussions with customers were completed.

1 MR. MAHODY: And Mr. Goodine, can we
don't have a set or an expected outcome, necessarily. It's about, again, similar to the rate application discussions, about having the discussion, understanding perspectives, understanding how a mechanism such as this may be applicable in...

AI summary The discussion revolves around the potential application of mechanisms such as the Weather Normalization Mechanism in Nova Scotia, emphasizing the importance of stakeholder discussions and understanding their applicability and benefits. The parties agree to participate in an information session to gain a better understanding of these mechanisms.

Section 116
system estimated those bills. Q. The point I was attempting to address, though, was that imagine in the middle of the fall of 2025, when you were having the difficulties you were, that we all of a sudden lumped on a rate increase, not that...

AI summary The discussion focuses on potential customer confusion due to rate increases and the progress made in meter communication. The witness explains that while there were challenges in the fall of 2025, current progress indicates that the situation has improved, and data from meters is being collected and processed.

Section 120
1 I think there is the potential there that it's longer than 2 it would have been in some instances. But I would note 3 that, I mean, prior to AMI technology we would have been 4 in a very similar situation. We would have meter readers 5 o...

AI summary The discussion addresses the potential for longer billing cycles due to the use of AMI technology, comparing it to the previous situation with manual meter reading. The chair raises concerns about prorating electricity rates during a colder period, which may result in customers paying more than they would otherwise.

NSP GENERAL/REGULATORY PANEL 843 Questions, (Deveau)
NSP GENERAL/REGULATORY PANEL 843 Questions, (Deveau) 1 2027 latest projection. But what I would mention is these 2 estimates were obviously taken at a point in time and to 3 the best estimates at that time, just like any 4 Q. Oh, I agree....

AI summary The discussion centers on the Fuel Adjustment Mechanism (FAM) and the under-recovery of costs due to delayed rate implementation. The parties acknowledge the volatility of commodity prices but emphasize that the FAM ensures customers pay actual costs. A $2 million shortfall is expected due to delayed rate adjustments in 2026.

1 In terms of your Consensus Agreement
1 In terms of your Consensus Agreement 2 with Intervenors, I'm just wondering if, in terms of level 3 of service that's reflected through the OM&G, whether 4 you've it's your view that the level of service as 5 reflected in the ultimate am...

AI summary The discussion revolves around Nova Scotia Power's Consensus Agreement with intervenors, focusing on the level of service and affordability. Customer representatives indicated a desire for further savings without reducing service levels, and Nova Scotia Power committed to finding those savings through collaborative sessions.

NSP GENERAL/REGULATORY PANEL 895 Questions, (Deveau)
NSP GENERAL/REGULATORY PANEL 895 Questions, (Deveau) 1 meters that were communicating you were communicating 2 with. 3 A. (Williams) Four hundred thousand 4 (400,000). 5 Q. Pardon me? Sorry; 400,000. The 6 400,000 meters that you're commun...

AI summary The text discusses a regulatory proceeding involving Nova Scotia Power (NSP) and the communication with 400,000 meters. The discussion focuses on whether these meters are being read and if bills are still being estimated, indicating an ongoing issue with data processing and meter reading.

20260112-1Hearing Transcript — 01/12/2026 (Pecurica, Willett, Flemming, MacIntosh) 4 passages
NSP GENERAL/REGULATORY PANEL 945 Questions, (Chair)
NSP GENERAL/REGULATORY PANEL 945 Questions, (Chair) 1 and making sure they understand what's available to them. 2 Going back to kind of where the 3 discussion started about a distinct rate, or for rate 4 class, whether it's an Indigenous r...

AI summary The discussion centers on the continuation of conversations regarding distinct rate classes for Indigenous and low-income customers, despite existing legal frameworks. A pilot program and a community grant are mentioned as potential supports, with the latter referenced in a recently filed report. The impact of a recent cyberattack on customer communication and service is also noted.

1 for Goose Harbour does not specify any penalty if PHP 8 charge was not capped as proposed, the customer charge 9 would be $9.07 per month higher for residential customers? 10 (Willett) So that's correct. But A. 11 one piece to note, in t...

AI summary The text discusses a scenario where increasing the customer charge for Goose Harbour would lead to a higher monthly charge for residential customers, but this increase would be offset by a decrease in the energy charge per kilowatt hour.

NSP GENERAL/REGULATORY PANEL 1009 Questions, (Chair)
NSP GENERAL/REGULATORY PANEL 1009 Questions, (Chair) 1 A. (Williams) Correct. But my point 13 (Flemming) And I think it goes A. 14 both 15 Just that's the gist of what you Q. 16 just said? 17 (Flemming) Yes, with one A. 18 clarification. 1...

AI summary The discussion revolves around the recovery of costs over a two-year period as part of the General Rate Application. There is a mention of the 2027 General Rate Application and considerations regarding inflationary pressures and other service costs.

1 finish this last question and then we can break for 15
NSP GENERAL/REGULATORY PANEL 1039 Questions, (Chair) 1 finish this last question and then we can break for 15 8 application shouldn't set a base for a multiyear formula 9 driven performance-based rate? 10 (SHORT PAUSE) 11 So I'll start, si...

AI summary The discussion revolves around the possibility of implementing a multiyear, formula-driven performance-based rate, with the speaker acknowledging the question and referencing examples from Alberta and Ontario. The conversation is in the context of a regulatory proceeding.

20260112-2Hearing Transcript — 01/12/2026 (Brown, Griffiths, Musco, Morgan) 3 passages
DOANE GRANT THORNTON PANEL 1105 Questions, (Deveau)
DOANE GRANT THORNTON PANEL 1105 Questions, (Deveau) 1 prepared to accept their assumption as fact. 15 including Nova Scotia Power's responses to our 16 interrogatories, and we found nothing to be inconsistent 17 throughout the information...

AI summary The text discusses the acceptance of assumptions in revenue requirement calculations and references the EIFEL deferral. It includes a question and answer exchange regarding these topics and mentions the involvement of certified court reporters.

In-ch, (Mahody)
In-ch, (Mahody) 1 DUSTIN MADSEN, Solemnly Affirmed: 2 EXAMINATION ON QUALIFICATIONS BY MR. MAHODY 3 Q. Mr. Madsen, could we begin by 4 confirming that you filed evidence in this matter that's 5 been marked as Exhibit N-34? 6 Confirmed. A....

AI summary Dustin Madsen, President of Emrydia Consulting Corporation, outlines his professional qualifications and experience, including his work in regulatory finance, consulting for regulated entities, and teaching in the field of accounting and regulatory finance.

1 terminology, where you say: 2 3 4 5 Approval of the requested increases would result in NSPI comfortably exceeding this metric. 6 When you say, "comfortably exceeding 7 this metric," and assuming the metric is the 10 percent, 8 and I rea...

AI summary The discussion revolves around the potential approval of rate increases and their impact on the debt-to-free cash flow (FFO) ratio. Nova Scotia Power (NSP) estimates that approval of the requested increases would result in NSP comfortably exceeding the 10% threshold for the FFO to debt ratio, though it would be at the upper end of the 10-13% range. The analysis is based on S&P calculations and assumes securitization proceeds as planned.

20260113-1Hearing Transcript — 01/13/2026 (Pecurica, Willett, Williams, Flemming, MacIntosh) 14 passages
In-ch, (Mahody)
In-ch, (Mahody) 1 request that Ms. Palmer be accepted as an expert qualified 5 System was a reasonable method to continue to use until 6 the Board determines otherwise in a future proceeding. Is 7 that right? 8 I don't recall off the top o...

AI summary The text discusses a proceeding where Ms. Palmer is being considered as an expert witness. She confirms that the agreement allows the use of a specific method until the Board decides otherwise. She also acknowledges her experience in cost-of-service studies and rate design across various jurisdictions, emphasizing the judgment involved in cost allocation methodologies.

Cr-ex, (Power)
Cr-ex, (Power) 1 Q. Ms. Palmer, you say a couple of 2 things in your Summary and Conclusion section. So you 3 say: 4 5 6 7 8 9 10 11 Nova Scotia Power's use of the minimum size method for classifying substantial portions of its distributio...

AI summary The testimony discusses concerns about Nova Scotia Power's use of the minimum size method in its cost-of-service study, arguing that it does not reflect cost causation principles and inflates residential customer costs. The witness recommends switching to the Basic Customer Method and suggests that certain methodologies be reconsidered in a future proceeding.

PALMER Cr-ex, (Power)
PALMER Cr-ex, (Power) 1 MS. PALMER: Your original cue, I 2 think, was correct, then, PDF page 9, line 17. 3 BY MS. POWER: 4 [9:40:06] Thank you. Q. 5 So here you're asked whether the 6 minimum size methodology accounts for geographic 7 dis...

AI summary Ms. Palmer is questioned about whether the minimum size methodology accounts for geographic dispersion. She states that there is no measure of geographic dispersion and that geography is not well-correlated with the number of customers. The questioner challenges this by pointing out that geographic dispersion is not well-correlated with demand, to which Ms. Palmer agrees.

Cr-ex, (Power)
Cr-ex, (Power) 1 matter of judgment if geographic if geography is not an 2 allocator in the cost-of-service study, which it is not, 3 then the choices are customer and demand, and choosing 4 customer systematically allocates a disproportio...

AI summary The text discusses the allocation of infrastructure costs in a cost-of-service study, emphasizing that allocating based on customer class disproportionately affects the residential sector. It references an exhibit from a Connecticut case and mentions the Office of the Consumer Council as a party involved in the proceeding.

Section 54
INTERNATIONAL REPORTING INC. CERTIFIED COURT REPORTERS paragraph starting with "Although". Although the Authority acknowledges OCC's concerns with the Minimum System Study approach, it is not clear that the basic customer method is a super...

AI summary The Authority acknowledges concerns with the Minimum System Study approach but finds the basic customer method inadequate. It accepts the premise that the number of customers is a reasonable proxy for demand-unrelated costs and supports the Minimum System Study approach in this proceeding.

Section 58
dence 16 doesn't contain any Nova Scotia Power-specific 17 analysis showing that a 1.5 kilowatt figure is 18 appropriate, does it? 19 A. No, no. That's some detailed PALMER Cr-ex, (Power) INTERNATIONAL REPORTING INC. CERTIFIED COURT REPORT...

AI summary The discussion involves the lack of Nova Scotia Power-specific analysis regarding a 1.5 kilowatt figure and the consideration of different approaches to allocating Minimum System distribution infrastructure, referencing a table from a Connecticut decision.

Section 65
INTERNATIONAL REPORTING INC. CERTIFIED COURT REPORTERS 1 it says, "Peak-load Carrying Capacity...Adjustment." And 2 it says: 3 A Minimum System has a certain load carrying 4 capability which can be viewed as...demand- 5 related. As a resul...

AI summary The text discusses the concept of 'Peak-load Carrying Capacity Adjustment' and how demand-related costs are allocated among customers, particularly noting that small users, such as residential and small commercial customers, may be disproportionately affected if no adjustment is made.

Section 66
would define kind of small 21 users? 22 A. I have not tried to define small 23 users. The results of the Cost-of-Service Study, you 24 know, would probably show which classes have a relatively lower demand impact on the system. Q. And then...

AI summary The discussion centers on the Cost-of-Service Study and the proposal for utilities to conduct their own PLCC analysis, with specific reference to NSP's position on Minimum System versus Basic Customer. The conversation touches on the potential impact of these analyses on utility filings.

1 A. I did not.
INTERNATIONAL REPORTING INC. CERTIFIED COURT REPORTERS Q. And in speaking with my friend concerning the numbers set by Ontario I believe you said that the number was perhaps dated or old. A. Oh, I just mean simply that I understand this wa...

AI summary The discussion revolves around the Minimum System and its potential outdated status, with the speaker acknowledging that the current system may have evolved with larger equipment installations. The speaker also references a recommendation to credit customer classes with 1.5 kilowatts per customer for determining minimum system demand allocators.

PALMER 1321
PALMER 1321 1 likely more efficient for us to just add that to our 2 undertaking and we can provide the information that 3 Mr. Murphy is looking for. 4 MEMBER MURPHY: That'll work. 5 THE CHAIR: Okay. 6 PALMER: Thank you. MS. 7 THE CHAIR: S...

AI summary The discussion centers on providing revised versions of tables from Ms. Palmer's evidence to include the RC ratio and class revenue increases using a specific load capacity factor. There is also a discussion about the Regulatory Assistance Projects Manual and differing views on its purpose, particularly regarding cost allocation methods and their impact on energy pricing.

Questions, (Chair)
Questions, (Chair) 1 Q. So in this part of your report, 2 you're –– as I understand it, you recognize that the 3 parties have reached a Settlement Agreement and so you 4 recommend that the Basic Customer Service Method versus 5 Minimum Sys...

AI summary The Chair raises concerns about whether the Settlement Agreement should be revisited in conjunction with other cost-of-service methods, not just the Basic Customer Service Method versus Minimum System Method. Palmer responds that there was significant disagreement among stakeholders on the methodologies used by Nova Scotia Power and questions the rationale for these changes.

Section 104
1 that the Cost-of-Service Study itself will be stable for 2 some period of time and there won't be substantial 3 changes? 4 A. I you're asking me if it's my 5 opinion that it is important that the Cost-of-Service 6 Study is stable over ti...

AI summary The discussion revolves around the stability of the Cost-of-Service Study methodology over time, with a party arguing that it should evolve as the power system changes, contrary to the assumption that it should remain stable for a period following its determination.

1 principles, and that is not necessarily Cost-of-Service 2 Study stability. That is the following step of, you know, 3 revenue allocation and the subjective decisions made there 4 in rate design itself. And I certainly agree that 5 stabil...

AI summary The text discusses the principles of rate design, specifically the Cost-of-Service Study and the importance of stability. It also touches on the Consensus Agreement and the role of the Board in proceedings, mentioning disagreements among parties but noting that filed documents do not show significant disagreement beyond specific items.

Section 121
INTERNATIONAL REPORTING INC. CERTIFIED COURT REPORTERS impact relates to, as I said, the timing of it. I take your point that the deferral addresses concerns related to timing. And if the Board is satisfied that the deferral can and does a...

AI summary The discussion centers on the use of a deferral mechanism to address timing concerns related to securitization, with the speaker agreeing that it is appropriate and ensures customer benefits are retained. The Chair mentions the test for reopening is materiality, not relevance, and asks for further input from other parties.

Disclaimer: These summaries were generated by AI from the filings they describe. We take care to make them accurate, but errors are possible - and they aren't advice. Only the filings themselves are the record: if you're relying on something here, confirm it against the source documents or the Nova Scotia Energy Board's own record. Full disclaimer →