N-1Evaluation Report
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Background The TVP Pilot Program was developed by NS Power with the assistance of Brattle Group and stakeholder input in M09777. The Pilot, testing Time-of-Use (TOU) and Critical Peak Pricing (CPP) tariffs across the Domestic, Small Genera...
AI summary The TVP Pilot Program, developed by NS Power with stakeholder input, was approved by the Board in 2021. The program includes TOU and CPP tariffs, with extensions and updates, including a 2024 Consensus Agreement. Following a 2025 cybersecurity incident, NS Power requested an extension for the Year Four EM&V report, which was approved by the NSEB.
Summary of Year Four Evaluation Results The Year 4 Report is the first EM&V conducted internally by NS Power. Overall, the findings indicate that the TVP Pilot continues to achieve peak load reductions in response to time‑varying price sig...
AI summary The Year 4 Evaluation of the Time-Varying Pricing (TVP) Pilot shows continued peak load reductions, especially in residential and commercial sectors. Participation has grown, and the report highlights statistically significant load shifting for commercial tariffs. NS Power faced delays due to a cyber incident and has requested further extensions for filing the report. The evaluation was conducted internally with advisory support from Econoler and includes stakeholder input and appendices with detailed findings.
Stakeholder Engagement and 2026/27 Work Plan During the 2024/25 TVP Season, NS Power undertook stakeholder engagement as part of its ongoing pricing innovation framework, consistent with the 2024 Consensus Agreement, including consultation...
AI summary NS Power engaged stakeholders during the 2024/25 TVP Season as part of its pricing innovation framework, consistent with the 2024 Consensus Agreement. Engagement was paused due to a cyber incident but resumed with a kick-off session on June 16, 2026, and future sessions are planned.
Update on the 2026/27 Season As outlined in the Cybersecurity Incident Monthly Updates (M12273), NS Power expects all systems required for the administration of the TVP Tariffs to be restored in time for the 2026/27 TVP Season – beginning...
AI summary NS Power expects to restore TVP systems in time for the 2026/27 season, resuming approved rates without modifications. The company will not actively recruit new customers initially and will prioritize communication with existing participants to ensure confidence in the program.
& lt;sup>1 "M11822 Directive" refers to the 2024/25 TVP Application proceeding, "M11823 Directive/Commitment" refers to the 2023/24 (Year Three) Evaluation Report proceeding, "2024 Consensus Agreement" refers to the 2024 TVP Consensus Agre...
AI summary The text provides references to various regulatory proceedings, including the 2024/25 TVP Application proceeding, the 2023/24 Evaluation Report proceeding, the 2024 TVP Consensus Agreement, and the Smart Grid Nova Scotia Final Report proceeding.
Attachment VII: Board Directives and Consensus Agreement Commitments 2025/26 Season (M12499), NS Power provided an update on the status of these directives and commitments. In its letter on NS Power's December 2025 Year Four Report extensi...
AI summary The Board has approved an extension for the filing date of NS Power's TVP 2024/25 EM&V report and deferred certain directives and commitments to future sessions or the Year Four EM&V report. NS Power is required to report on the status of these directives and commitments in its Year Four EM&V report.
N-3Time-Varying Pricing (TVP) Pilot Year Five (2025/26) Evaluation Report (Appendix A)
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Background The TVP Pilot Program was developed by NS Power with the assistance of Brattle Group and stakeholder input in M09777. The Pilot, testing Time-of-Use (TOU) and Critical Peak Pricing (CPP) tariffs across the Domestic, Small Genera...
AI summary The TVP Pilot Program, including TOU and CPP tariffs, was approved by the Board in M09777 and M11822. The MURB TOU Tariff remained active during the 2025/26 season despite the suspension of other tariffs due to a cybersecurity incident affecting AMI data. The evaluation focuses on the MURB TOU Tariff.
Conclusion The Year Five Report ( Appendix A ) provides the second evaluation of the MURB TOU Tariff and continues the Company's assessment of customer response to this time-varying rate. While the evaluation scope was narrower than prior...
AI summary The Year Five Report evaluates the MURB TOU Tariff and customer response to time-varying rates. Despite a narrower scope due to AMI data limitations, the report uses the EM&V framework to assess impacts. NS Power plans to resume the TVP Pilot in 2026/27 under the Board-approved tariff (M12451) and will notify stakeholders 30 days before resuming.
Near Term Next Steps - June 26, 2026 stakeholders provide comments on this deck to NS Power - By June 30, 2026 NS Power to file Phase Four (2024/25) Evaluation Report - July 14, 2026 Technical Session 1 (EM&V) - By July 31, 2026 NS Power t...
AI summary The document outlines key near-term steps in a regulatory proceeding, including stakeholder comments, evaluation reports, technical sessions, and stakeholder engagement activities scheduled from June 2026 through the fall/winter of 2026.