Topic:"Rate Design" in M12786

2025 Storm Restoration Cost Report (NSEB M12786) NSPI Responses to Consumer Advocate Information Requests NON-CONFIDENTIAL 1 Request IR-1: 2 3 Reference: Figure 9 – Comparison of 2025 Actual Operating Storm Costs to Base Rates by 4 Level 5...

AI summary NSPI confirms $7.2M underspending on Level 3/4 storm costs in 2025 and provides a table showing actual costs, base rates, and variances for 2023-2025. The response includes a symmetrical Storm Cost Recovery Rider schedule for 2023-2027, detailing customer account balances and charges/credits based on actual spending versus rate forecasts.

here is a concern, as has been experienced in the past, of expected storms being smaller than anticipated. In those cases, the approach taken by NSPI could have a significant impact on customer costs. With respect to the use of AI-driven p...

AI summary The Small Business Advocate (SBA) raises concerns about the potential impact of AI-driven prediction models on customer costs, particularly in cases where storm predictions are inaccurate. The SBA recommends that NS Power disclose the use and performance of these models in future Storm Cost reports and clarify how their costs are accounted for in rates or within the storm cost recovery rider.

NON-CONFIDENTIAL 1 3.2 AI-Driven Prediction Model Reporting 2 3 The SBA recommends that NS Power include in future Storm Restoration Cost Reports whether 4 the AI-driven prediction model was deployed, how it performed, and how associated c...

AI summary The SBA recommends that NS Power include details about the AI-driven prediction model in future Storm Restoration Cost Reports. NS Power is developing a project for regulatory approval, with associated capital costs to be recovered through the revenue requirement and reviewed in a General Rate Application.