Topic:"Rate Smoothing Adjustment" in M12642

NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: The Public Utilities Act - and – IN THE MATTER OF: An Application by the TOWN OF MAHONE BAY on behalf of its electric utility ("TOMBEU") for Approval of Amendments to its Schedule of Rates and Cha...

AI summary TOMBEU, an electricity distribution utility in Nova Scotia, seeks approval from the Nova Scotia Energy Board to begin recovering deferred revenue from customers starting January 1, 2026, over a 24-month period, following a 2023 rate increase cap and a 2024 delay in recovery due to significant rate increases.

Background This Application arises from the Board's Decision in M010832, dated April 28, 2023, TOMBEU's GRA for Test Year 2023. The rate increase initially proposed by the Utility was a system average of 34.8%, with increases to all custom...

AI summary The document outlines the phased implementation of a rate increase for TOMBEU following the Board's decision in M010832. The rate increase was initially capped at 20% for certain classes in 2023, with the full increase to be applied in 2024. TOMBEU is now requesting approval to recover deferred revenue, including interest, from the affected classes.

LAUREN AGNEW Stewart McKelvey IN THE MATTER OF: The Companies Act, Chapter 81, IN THE MATTER OF: An application by 3293630 NOTICE IS HEREBY GIVEN that 3293630 Nova Scotia Limited intends to make an application to the Registrar of Joint Sto...

AI summary The Town of Mahone Bay seeks approval from the Nova Scotia Energy Board to recover deferred revenue through rate riders over a two-year period starting January 1, 2026. The application is related to a previously approved rate increase (M10832). The public is invited to submit written comments or request formal standing as an Intervenor by January 9, 2026.

DECISION AND ORDER The Town of Mahone Bay, on behalf of its electric utility, applied to the Nova Scotia Energy Board on December 18, 2025, for approval to begin recovering deferred revenue from the phasing in of a rate increase the Board...

AI summary The Town of Mahone Bay applied to the Nova Scotia Energy Board to recover deferred revenue from a previous rate increase. The Board directed the utility to cap rate increases at 20% and defer the remainder for later recovery. A paper hearing was conducted, and only one Notice of Intervention was filed by IESO Nova Scotia, which stated it would not submit comments or issue IRs.

DECISION AND ORDER The Town of Mahone Bay, on behalf of its electric utility, applied to the Nova Scotia Energy Board on December 18, 2025, for approval to begin recovering deferred revenue from the phasing in of a rate increase the Board...

AI summary The Town of Mahone Bay applied to the Nova Scotia Energy Board to recover deferred revenue from a previous rate increase. The Board directed the utility to cap the rate increase at 20%, with the difference deferred for later recovery. The application seeks recovery over 24 months, and the proceeding was conducted as a paper hearing with one Notice of Intervention from IESO Nova Scotia.