Topic:"Rate Smoothing Adjustment" in M12551

Application for Annually Adjusted Rates for 2026 Redacted 2 3 The BUTU Tariff has three base cost rate components subject to approval in this Application: a 4 Customer Charge, a Demand Charge, and an Energy Charge. 5 6 The BUTU Tariff file...

AI summary The document discusses the BUTU Tariff's three base cost rate components—Customer Charge, Demand Charge, and Energy Charge—approved in the Application for Annually Adjusted Rates for 2026. The tariff follows the methodology outlined in the Board's Order M09940 and includes a four-year phase-in period starting January 1, 2023. NS Power is directed to update pricing components based on new studies or applications.

18 Figure 7: BUTU Tariff Charges 2025 2026 Variance Customer Charge ($/customer/month) 401.58 414.63 13.05 Energy Charge (cents per kWh) 10.577 9.150 (1.428) Demand Charge ($/kW) 7.160 11.704 4.544 Application for Annually Adjusted Rates f...

AI summary Figure 7 presents BUTU Tariff Charges for 2025 and 2026, showing increases in customer and demand charges, and a decrease in energy charges. The document also references an application for Annually Adjusted Rates for 2026.

14 Figure 13: CBL Adder 2026 ($/MWh) annually, instead of setting it once for the term of the ELIADC tariff as originally designed. 9 In its Decision on the 2021 AARs, the Board provided: 11 The Board accepts NS Power's proposal to update...

AI summary The document discusses the Board's decision regarding the annual adjustment of the Variable Capital Charge (VCC) in the ELIADC tariff. The Board accepted NS Power's proposal to update the VCC annually but noted inconsistencies in the Utilization Factor (UF) applied to the 'with PHP' scenario for Lingan-3, disallowing the application of the Sustaining Capital Delta.

3 One Part Real Time Pricing (1P-RTP) Tariffs is a Time of Use rate designed to encourage the 4 customer to Shift their Load from Higher On-peak rate to Lower-Off peak rates. A higher price 5 would signal customers to avoid usage during hi...

AI summary The document discusses the One Part Real Time Pricing (1P-RTP) Tariff, a Time of Use rate designed to shift customer load from on-peak to off-peak hours. The rate is composed of the marginal cost of energy production and a fixed cost adder, which helps NSPI manage costs by adjusting generation based on demand fluctuations.

SALES, GENERATION AND DEMAND ANALYSIS FOR THE YEAR ENDING DECEMBER 31, 2026 ( 1) DOMESTIC ( 2) SMALL GENERAL ( 3) GENERAL ( 4) GENERAL LARGE (1) MWH SALES 5,286,337,241 376,992,742 2,308,034,614 363,766,784 (2) ENERGY LINE 8.2% 8.2% 7.9% 5...

AI summary The document presents a detailed analysis of sales, generation, and demand for the year ending December 31, 2026, including data on energy sales, losses, system demand, and load factors across different customer classes and voltage-based service levels.

REDACTED 1 sense of any timeline that deviates significantly from what is currently forecast such 2 as the sensitivity scenario that was provided in the filing. 3 4 (c) As the provided sensitivity which is considered a "worst case scenario...

AI summary NS Power argues that a sensitivity scenario modeling a delayed wind resource timeline in 2026 has only a minimal five percent impact on annual marginal costs and does not warrant further modeling of less severe scenarios at this time.

NON-CONFIDENTIAL 1 (b) In response to BW's first of two "clarifying edits that NSPI should also consider,"4 NS 2 Power revised the FCR definition at page 2 of the ELIADC Tariff, adding: "For clarity, the 3 CBLA calculation ensures that the...

AI summary In response to BW's request for clarification, NSPI revised the FCR definition in the ELIADC Tariff, ensuring the FCR is at least $5.00 per MWh. This change was approved by the Board in its December 8, 2025 Order. The Company has attached the updated ELIADC Tariff with revisions to the 2026 Variable Capital Charge and Energy Charge, as well as the 2026 AAR proposed pricing.

NON-CONFIDENTIAL 1 Request IR-11: 2 3 Appendix J refers to the 1P-RTP moving from an annually adjusted rate to one set through 4 a General Rate Application. However, toward the bottom of page 2 of 3 in the appendix NS 5 Power states that t...

AI summary The document raises questions about the transition of the 1P-RTP tariff from an annually adjusted rate to one set through a General Rate Application (GRA), including customer choices, alignment with other AARs, benefits to NS Power and customers, and customer impact.

Annually Adjusted Rates for 2026 (M12551) NSPI Responses to REI Information Requests 1 Request IR-17: 2 3 (a) Under the current RTT framework, please confirm whether the Annual Energy Cost 4 Adjustment would require NS Power to provide a c...

AI summary The document outlines a series of questions regarding the Annual Energy Cost Adjustment under the current RTT framework, specifically focusing on whether credits would be provided to RtR customers when avoided costs exceed system fuel costs, and whether any caps or constraints apply to these credits. The questions also ask for references to specific tariff provisions and Board orders.

") submitted comments that do not challenge the appropriateness of the ELIADC Energy Charge as filed by NS Power. Rather, the comments appear to raise questions about the timing of the effective date. The CA's submission states that: "Give...

AI summary The Consumer Advocate (CA) and Industrial Group (IG) have submitted comments regarding the ELIADC Energy Charge and the timing of interim relief. The CA suggests delaying the effective date of interim relief to align with the 2026 Annually Adjusted Rates, while the IG argues against granting relief to PHP alone, as other rate classes also have rate changes and have not sought interim relief.

ile all others await the Board's final decision. This piecemeal approach is particularly inappropriate in the context of a rate that is already in flux and subject to multiple concurrent proceedings." The rates paid by the General, Large I...

AI summary PHP requests approval of the 2026 ELIADC Energy Charge of $75.87/MWh, noting that the rate is not in flux as the ELIADC Tariff has been approved for a third term. The approval of AARs is not contingent on alignment with rate increases for Above-the-Line customers. The ELIADC rate is subject to amendment by the Board's final 2026 AAR Decision and Order.

I's review and calculation of the SS Tariff based on the contents of Appendix F3, it appears that the concluding "Standby Demand Charge Calculation" at $5.452/kW, at row 60, includes the credit cost. To the extent this value does change th...

AI summary REI disputes the inclusion of a credit cost in the Standby Service Tariff calculation, arguing it should be addressed in a separate proceeding. They claim this constitutes an unapproved methodology change and should not be part of the streamlined AAR process. NSPI's interruptible program reduces capacity needs, but the credit cost is considered appropriate in the COSS.

ontext of a rate that is already influx and subject to multiple concurrent proceedings." However, in this instance the change to the ELIADC tariff is a significant reduction of 24% from the 2025 rate. Annually adjusted rates are supposed t...

AI summary The document discusses the ELIADC tariff reduction of 24% from the 2025 rate and the timing of rate approvals. It notes that annually adjusted rates should cover a 12-month period and that interim approvals create asymmetry between customer classes. The Board suggests approving the ELIADC rate on an interim basis effective February 1, 2026, with a final effective date of April 1, 2026.

2. NS Power is directed as follows: - 1. If the updated Cost of Service Study is not approved as filed, currently before the Board in the NS Power GRA matter M12451, NS Power is directed to make any required adjustments to the 2026 AARs in...

AI summary The Board directs NS Power to adjust AARs if the Cost of Service Study is not approved, update the 2027 AAR with information on wind resources and Maritime Link sensitivity, compare forecasted and actual New Brunswick imports, and engage stakeholders on tariff amendments by April 30, 2026. The 2027 AAR must be filed by November 6, 2026.

SPECIAL CONDITIONS (1) The Port Authority owns and is responsible for the maintenance and operation of all electrical equipment required for the supply of port electricity to docked ships other than the meters and - metering transformers s...

AI summary The Port Authority and NSPI have defined roles and responsibilities regarding electrical equipment, metering, and operational procedures for port electricity supply. Special conditions include metering responsibilities, staff availability, scheduling, metering costs, transformer losses, and power factor requirements.

The Energy Charge is made up of the following components: Energy Charge Components cents per kWh Fixed Cost Adder from Energy Balancing Service Tariff 2.166 Annually Adjusted Energy Savings Credit 0.000 Annual Energy Cost Adjustment 2.198...

AI summary The Energy Charge comprises fixed cost adders, energy savings credits, and annual adjustments, totaling 4.363 cents per kWh. It applies to the Load Serving Retailer's monthly displaced energy on NS Power's generation system, calculated after accounting for distribution losses and top-up quantities.

Multiple Moving Variables The ELIADC is a below-the-line ("BTL") rate. The ongoing General Rate Application ("GRA " ), Matter M12451, assumes PHP takes above-the-line ("ATL") service, as of January 1, 2026 – the same timeline in which PHP...

AI summary The document discusses the ELIADC rate and the GRA application, highlighting the uncertainty around PHP's transition to ATL service and the potential cost implications. NSPI seeks to defer risks through a deferral account, while concerns are raised about the fairness of granting PHP interim relief without similar measures for other customer classes.

f the ELIADC Tariff, it would appear that the first option is applicable, as PHP is the only customer within the ELIADC rate class and the change does appear to represent a reduction is costs for PHP. However, as noted, the section offers...

AI summary The text discusses the ELIADC Tariff and the interim approval process for PHP, noting that the Board's previous approval in M11989 set the rate effective from February 1, 2025, avoiding a true-up for January 2025. It suggests that applying the interim rate retroactively could lead to multiple readjustments and recommends setting the rate effective from February 1, 2026.

vice and excludes transmission costs. This tariff is based on interruptible service and therefore recovers only energy-related costs. These proposed changes are reasonable and the Board approves them. NS Power also advised stakeholders tha...

AI summary NS Power proposed changes to transmission rates and tariff structures, suggesting that the 1P-RTP tariff should be reviewed under a General Rate Application instead of the Annually Adjusted Rates framework. The Board is not satisfied with the justification provided for this request and will reconsider once sufficient evidence is submitted.

(a) Renewable to Retail Implementation (M12588) With respect to RtR market implementation costs, NS Power is not proposing any changes to the existing cost recovery mechanisms within the RtR tariffs. Instead, the Company proposes to utiliz...

AI summary NS Power plans to recover implementation costs for the Renewable to Retail (RtR) market through existing administrative charge frameworks, including the Energy Balancing Service (EBS) and Standby Service (SS) tariffs. These costs will be amortized over 10 years, contingent on the recovery of financing costs at NS Power's weighted average cost of capital. Administrative costs incurred before the 2027 AAR Application decision will be deferred for future recovery.