Topic:"Rates And Money" in M12954

M12954 – Review of Nova Scotia Power Incorporated Treatment of Variance Accounts On November 9, 2022, the Government of Nova Scotia amended the Public Utilities Act , SNS 2022, c 52, specifically s. 64 AB regarding the application and trea...

AI summary The Nova Scotia Energy Board is initiating a generic proceeding to review Nova Scotia Power Incorporated's treatment of variance accounts under the Public Utilities Act. London Economics International has been retained to review current interest rate practices and analyze alternative approaches. The process includes public comment, report filing, and a formal hearing.

NOTICE OF INTERVENTION OF: CONSUMER ADVOCATE TAKE NOTICE that the Consumer Advocate hereby intervenes in the above Application and proceeding. The Consumer Advocate represents the interests of residential ratepayers, who may be impacted by...

AI summary The Consumer Advocate intervenes in the proceeding, representing residential ratepayers who may be impacted by the application. They will address issues raised by the Energy Board and other relevant matters during the proceeding. Legal representation is provided by Pink Larkin and InterGroup Consultants Ltd.

NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: Section 64AB of the Public Utilities Act , RSNS 1989, c 380 as amended - and - IN THE MATTER OF: a Review of Nova Scotia Power Incorporated Treatment of Variance Accounts

AI summary The Nova Scotia Energy Board is conducting a review of Nova Scotia Power Incorporated's treatment of variance accounts under Section 64AB of the Public Utilities Act. This proceeding involves examining how variance accounts are managed and whether they align with regulatory requirements.

Please refer to: David Roberts Email: [email protected] Assistant: Nicole Wall Assistant's email; nwall@>pinklarkin.com July 30, 2026 VIA EMAIL: [email protected] Crystal Henwood Clerk of the Board Nova Scotia Energy Boar...

AI summary The Consumer Advocate supports the Industry Group's comments on the draft Terms of Reference for the Board's review of Nova Scotia Power's interest rate treatment for deferral and variance accounts. Additional recommendations include examining inconsistencies with legislation and reviewing current practices in other Canadian jurisdictions.

August 6, 2026 [[email protected]](mailto:[email protected]) Amit Pinjani Director London Economics International LLC Dear Mr. Pinjani: M12954 – Review of Nova Scotia Power Incorporated Treatment of Variance Accounts – Commen...

AI summary The Board has requested a response from London Economics International (LEI) regarding comments received on the draft Terms of Reference for a review of Nova Scotia Power's Variance Accounts. The response is due by August 12, 2026.

Crystal Henwood August 10th, 2026 [Cler](mailto:[email protected])k of the Board Nova Scotia Energy Board Dear Ms. Henwood: London Economics International ("LEI") has reviewed NS Power and the interested parties' comments regardi...

AI summary LEI has reviewed comments from NS Power and interested parties on the draft Terms of Reference for a review of NS Power's variance accounts and summarized its views in a table.

Entity Relevant extracts from intervenor comments LEI's view to understand LEI' s ultimate conclusion and comment on relevant principles recommendations. that the Board could consider when assessing potential interest rate treatment for fu...

AI summary The text discusses LEI's response to intervenor comments regarding the interest rate treatment for future DVAs, emphasizing the need to align with applicable legislation and providing an overview of current practices in other Canadian jurisdictions. LEI confirms it will analyze different calculation methods and rate treatment options.

August 26, 2026 [[email protected]](mailto:[email protected]) Michael Willet Senior Director, Regulatory Nova Scotia Power Incorporated P.O. Box 910, 1223 Lower Water Street Halifax, NS B3J 3S8 Dear Mr. Willet: M12954 – Rev...

AI summary The Board has finalized the Terms of Reference for a review of Nova Scotia Power Incorporated's treatment of variance accounts, following input from NS Power, the Consumer Advocate, Small Business Advocate, and the Industrial Group. The review is being conducted by London Economics International, with a formal hearing order to be issued once the report is filed.

Scope of this proceeding The Board envisions the following steps within the proceeding: Step 1 : Terms of Reference (TOR) : the Draft TOR was sent to interested parties for comment. This ensured that key stakeholder concerns were considere...

AI summary The proceeding outlines a structured process for reviewing Nova Scotia Power's variance and deferral accounts, including the analysis of alternative financing treatments and the preparation of an independent report by LEI. This involves multiple steps, including information requests, evidence filing, and potential oral hearings.