Topic:"Rate Rider" in M12914

13 2.2.3 Summary of Requested Marine Survey Cost Treatment 14 15 Based on the above information, the Company requests the Board accept the following 16 process to include marine survey costs in the 2027/2028 assessment: 17 - 18 The Board a...

AI summary The Company requests the Board to accept a process for including marine survey costs in the 2027/2028 assessment, involving an interim order based on a placeholder cost, followed by a final order after the actual cost is determined, with potential adjustments to customer payments or refunds.

Request IR-2: Refer to the Application, Section 2.2.3 Summary of Requested Marine Survey Cost Treatment, page 12 of 28, lines 22-30, and page 13 of 28, lines 1-2, which states: • When the Contracted Marine Survey cost is determined, NSPML...

AI summary The text discusses NSPML's proposed approach for handling the Contracted Marine Survey cost, including adjustments to customer payments and an incentive to finalize the cost before year-end 2026. It raises questions about the need for the incentive and whether NSPML expects to finalize the cost by December 31, 2026.

, the Board has conducted this matter through a paper hearing. NSPML confirms it will proactively refund its $154,000 regulatory budget for this proceeding, less the fees1 set out in the Application. NSPML also confirms its other commitmen...

AI summary NSPML confirms its commitment to refund its regulatory budget and provides updates on the Cable Protection Project and 2027 Marine Survey. It also outlines plans for future filings, including an updated depreciation study and capital application. The company states that actual costs will be below the approved amount and will incorporate savings into future assessments.