N-1Application
4 passages
DESCRIPTION: In 2013, the Provincial Government mandated the establishment of a new Electricity Market in Nova Scotia through the Electricity Reform Act . This enabled independent licensed retailers, who are licensed by the Nova Scotia Uti...
AI summary In 2013, the Provincial Government of Nova Scotia established a new Electricity Market through the Electricity Reform Act . This led to the creation of the Renewable to Retail (RtR) market, where licensed retailers can sell renewable electricity directly to customers. The Nova Scotia Energy Board (NSEB) approved new tariffs and regulations to support this market, and the first LRS license was awarded to Renewall Energy Inc. The project involves implementing software and business process updates to support the RtR market.
Why do this project? The Nova Scotia government introduced the Electricity Reform Act (2013) to permit greater competition and choice for electricity ratepayers. The government's intent in introducing the legislation was to open the electr...
AI summary The Nova Scotia government introduced the Electricity Reform Act (2013) to promote competition in the electricity market. NS Power has established an RtR Project Implementation team to prepare for the rollout of the Renewable to Retail service, working with the first Licensed Retail Supplier to ensure seamless customer transition and operational readiness.
Why do this project this way? NS Power has conducted detailed requirements gathering and scoping based on areas of impact and mechanisms that will need to be in place to facilitate the transition of customers and the onboarding of the firs...
AI summary NS Power is modifying the Customer Information System (CIS) and developing online forms to onboard and offboard customers in the Renewable to Retail (RtR) market. The project also involves configuring the Meter Data Management System (MDMS) to manage interval data for billing and implementing new Business Intelligence reports to meet stakeholder needs.
Document No: XXX-XX-XXXX-XXXX Project Cost Estimate Input Checklist and Maturity Matrix Technology, Business & Process Change Project Required fields: Estimate Classification Project Name: C0053699 Renewable to Retail Project Started or Pr...
AI summary The document outlines a checklist and maturity matrix for the 'Renewable to Retail Project' (C0053699), detailing the project's scope, requirements, technology selection, planning, and deliverables. It includes information on the project's maturity level, classification of estimates, and the status of various deliverables.
N-3NSPI (NSEB) RIR 1 to 15 - Redacted
4 passages
CI C0053699 Renewable to Retail Implementation (NSEB M12588) NSPI Responses to NSEB Information Requests 1 Request IR-2: 2 3 Please compare the project estimate of $5,644,468 to the $6.4 million estimate for the total 4 required for renewa...
AI summary NSPI responds to NSEB information requests regarding the Renewable to Retail (RtR) implementation project. It explains the difference between the current project estimate and a previous estimate from Matter M11874, and confirms that the cybersecurity breach did not affect any work done to date on the RtR market.
NON-CONFIDENTIAL 1 interim and manual business processes to achieve a state of readiness which would support 2 REI in its plan to initiate small-scale operations through the purchase of third-party 3 renewable energy outside of their own i...
AI summary NS Power paused technical work on a project to support REI's small-scale renewable energy operations and shifted focus to scalable business processes and technology solutions. A capital application was delayed due to evolving project scope and ongoing efforts to address cost recovery mechanisms for NS Power's expenditures, including a related regulatory proceeding (Matter M11874).
RFP-11/2023-187 C - Renewal to Retail Tariff Aggregation Scoring Summary
AI summary The document presents a scoring summary for the RFP-11/2023-187 C - Renewal to Retail Tariff Aggregation. It outlines the evaluation process and criteria used to assess proposals for the renewal of retail tariff aggregation.
Active Submissions Total A - Technical Evaluation A-1 - Adherence to RFP requirements A-2 - Ongoing support availability and service levels A-3 - Speed and efficiency of implementation (or project) plan, availability, and delivery the indu...
AI summary The text outlines aspects of an evaluation process, including adherence to RFP requirements, implementation plans, and risk assessments. It references the Customer Information System (CIS) and the Renewable to Retail (RtR) Implementation.
N-4NSPI (REI) RIR 1 to 22
9 passages
1 Request IR-1: 2 3 Reference: N-1, C0053699 Renewable to Retail Implementation Project, page 1 of 6. 4 5 6 7 8 NS Power has set up a dedicated RtR Project Implementation team (the Project team) who began gathering specific requirements to...
AI summary NS Power has established a dedicated Renewable to Retail (RtR) Project Implementation team to manage the Renewable to Retail Implementation Project, which began in early 2023 and is expected to conclude late in 2026. The response to the request refers to several attachments detailing the project team structure, resources, roles, and change control processes.
Decision Request and Change Request templates are available on the ECC Renewables & Decarbonization Portfolio SharePoint site. 1 Request IR-2: 2 3 Reference: N-1, C0053699 Renewable to Retail Implementation Project, page 1 of 6. 4 5 6 7 NS...
AI summary NS Power has conducted detailed requirements gathering and scoping for the Renewable to Retail (RtR) Implementation Project, focusing on customer transition mechanisms and system changes. The request includes documentation on areas of impact, mechanisms, and customer communication protocols.
1 Request IR-3: 2 3 Reference: N-1, C0053699 Renewable to Retail Implementation Project, page 1 of 6. 4 5 Cost recovery for capital expenditures and operating costs associated with the 6 initial setup and ongoing operation will be recovere...
AI summary The document outlines a request for information regarding the cost recovery framework for the Renewable to Retail (RTR) Implementation Project, specifically focusing on capital expenditures and operating costs associated with the project, and how these costs will be recovered from Licensed Retail Suppliers (LRSs) through the Annually Adjusted Rates (AAR) process starting in 2026.
Interest to be compounded Annual WACC 6.47% 6.47% 6.47% 6.47% 6.47% 6.47% 6.47% 6.47% 6.47% 6.47% 6.47% 6.33% 6.33% 6.33% 6.33% 6.33% 6.33% 6.33% 6.33% 6.33% Interest True Up Interest recovery for the month 5,958 5,958 5,958 5,958 5,958 6,...
AI summary The document presents a table detailing the Annual Weighted Average Cost of Capital (WACC), interest recovery for each month, cumulative interest recovery, and the total Renewable to Retail Regulatory Asset, including interest recovery, over a period of time. The data highlights the financial aspects of interest management and regulatory assets related to renewable energy initiatives.
(e) The entire scope of system changes for CI C0053699 Renewable to Retail Implementation Project as described in NSEB IR-9 (a-c) is required to enable the first LRS to transact at forecasted customer volumes at the Commercial Operation Da...
AI summary The implementation of the Renewable to Retail (RtR) project requires full system changes as outlined in NSEB IR-9 (a-c) to enable the first Licensed Retail Supplier (LRS) to operate at forecasted customer volumes by the Commercial Operation Date. All project components must be in place at the start of retail operations to meet the LRS Terms and Conditions and support RtR tariff settlement and billing.
Plan Revision Summary 1 Request IR-7: 2 3 (a) Why are bespoke online forms and Customer Information System (CIS) 4 modifications necessary at this stage rather than using existing customer change 5 workflows with incremental manual validat...
AI summary The document discusses the need for bespoke online forms and modifications to the Customer Information System (CIS) due to the unique relationship between customers, Licensed Retail Suppliers (LRS), and NS Power, as well as the complexities of billing under the Renewable to Retail (RtR) suite of tariffs. These changes are necessary to handle large volumes of retail customers and ensure compliance with privacy legislation.
Date Filed: March 3, 2026 NSPI (REI) IR-13 Page 3 of 3 1 Request IR-14: 2 3 Please elaborate on what existing MDMS capabilities were evaluated and found insufficient 4 for RtR settlement and billing and explain why. 5 6 Response IR-14: 7 8...
AI summary The document includes two requests related to the Renewable to Retail (RtR) implementation project. Request IR-14 asks for an explanation of why existing Meter Data Management System (MDMS) capabilities were found insufficient for RtR settlement and billing. The response indicates that MDMS capabilities were sufficient but required configuration changes. Request IR-15 seeks procurement documentation for major external costs and whether competitive practices were used.
1.1 Project Overview Renewable to Retail (RtR) is a new electricity market in Nova Scotia. It was created through the Electricity Reform Act (2013) to enable independent licensed retailers, who are licensed by the Utility and Review Board...
AI summary The Renewable to Retail (RtR) market in Nova Scotia was established through the Electricity Reform Act (2013) to allow independent licensed retailers to sell renewable electricity directly to NS Power's retail customers. The Act aimed to promote competition and local investment in renewable energy, with NS Power required to file new tariffs and procedures with the Board for approval. This document outlines a web form solution to support customer interactions under the new market framework.
The purpose of the Release RTR LRS Customer (RC) form is to allow the LRS to request a customer be released, on a specific date, with the express permission of the customer. The RC will include the common sections, above, as well as the fo...
AI summary The Release RTR LRS Customer (RC) form is designed for Licensed Retail Suppliers (LRS) to request the release of a customer on a specific date, with the customer's explicit permission. The form includes standard sections and additional specific sections.
102536Decision
16 passages
IN THE MATTER OF AN APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of CI C0053699 Renewable to Retail Implementation $5,644,468 BEFORE: Stephen T. McGrath, K.C., Chair APPLICANT: NOVA SCOTIA POWER INCORPORATED Lana Myatt, Manag...
AI summary Nova Scotia Power Inc. applied for approval of a $5,644,468 project for Renewable to Retail Implementation. The application was approved by the Board following final submissions on March 31, 2026, with a decision date of June 26, 2026. Key intervenors included the Consumer Advocate, Small Business Advocate, Nova Scotia Independent Energy System Operator, Renewall Energy Inc., and Board Counsel.
Retail customer and renewable low-impact electricity - 18 (1) A retail supplier who meets the requirements in Section 19 may sell renewable low-impact electricity generated within the Province and a retail customer, other than a customer o...
AI summary This section outlines regulations allowing retail suppliers to sell renewable low-impact electricity within Nova Scotia and ensures that retail customers can purchase it. It also mandates the transfer of emission credits to customers and prohibits Nova Scotia Power from denying service based on renewable electricity purchases.
Interpretation 2 (1) In this Act, … "retail customer" means a person who uses, for the person's own consumption in the Province, electricity that the person did not generate; "retail supplier" means a person who is authorized to sell renew...
AI summary The text defines 'retail customer' and 'retail supplier' under the Electricity Act, specifying that retail suppliers sell renewable low-impact electricity within the province and are not considered public utilities unless deemed so by regulations.
Definitions for the Act and these regulations 3 (1) In the Act and these regulations, … "renewable low-impact electricity" means electricity produced from any of the following: - (i) solar energy, - (ii) wind energy, - (iii) run-of-the-riv...
AI summary The document defines 'renewable low-impact electricity' and outlines the regulatory framework for retail electricity suppliers in Nova Scotia, including licensing requirements, contract standards, and the role of the Nova Scotia Utility and Review Board. It also discusses NS Power's obligations under the Electricity Act.
Nova Scotia Power obligations - 22 (1) Notwithstanding Section 77 of the Public Utilities Act, Nova Scotia Power, or IESO in relation to matters falling under its scope of authority pursuant to the More Access to Energy Act, shall maintain...
AI summary Nova Scotia Power is required to maintain and file with the Board any tariffs, procedures, and standards of conduct necessary to facilitate the purchase of renewable low-impact electricity. The Board must ensure that existing customers and independent power producers are not negatively affected by retail suppliers offering such electricity, and that retail suppliers are responsible for their own service costs.
2.1.2 Market Development [16] The renewable to retail market amendments to the Electricity Act received Royal Assent on December 12, 2013, and came into force on March 18, 2014. As required by s. 22 of the Electricity Act , NS Power develo...
AI summary The renewable to retail market in Nova Scotia was established in 2014 but remained inactive until Renewall obtained a retail supplier licence in 2021. Renewall has faced delays in launching its services and was recently directed by the Board to submit an updated forecast before proceeding with sales in 2026.
2.2.2 NS Power's Engagement with Renewall [31] NS Power's evidence in this matter suggests that Renewall had considerable involvement in the development of this project to date, including the ability to influence project timing, sequencing...
AI summary NS Power has been working with Renewall on a project to develop a renewable to retail market. Discussions began in 2021, with a dedicated project team established in 2023. NS Power adjusted its focus in August 2023 after Renewall changed its operational plans, shifting efforts toward scalable business processes to meet a November 2024 commercial operation date.
2.2.3 The Project Pause [38] NS Power, by way of this project, is taking steps to ensure that its systems and processes are ready for the renewable to retail market when needed by Renewall. But this date is a moving target and, at this poi...
AI summary NS Power paused a project due to delays in Renewall's commercial operation date, leading to increased costs. The pause was agreed upon in May 2025, with NS Power placing technical development code into production but dormant. NS Power plans to resume efforts seven months before Renewall's first sales date, expected in November 2026.
3.1 Project Justification [41] As already noted, NS Power must take steps to facilitate the development of the renewable to retail market and this project is required to do that. As noted in its application, NS Power worked with Renewall t...
AI summary NS Power must implement a project to support the renewable to retail market. While no intervenor disputed the project's justification, Renewall criticized the lack of alternative analysis, cost-minimizing sequencing, and evaluation of lower-cost vendor services or existing configurations.
3.1.1 Findings [43] The Board finds that the project is necessary to meet NS Power's statutory obligation under s. 22 of the Electricity Act to maintain any tariffs, procedures and standards of conduct necessary to facilitate the renewable...
AI summary The Board finds the project necessary for NS Power to fulfill its statutory obligation under the Electricity Act. NS Power's approach to enhance existing systems was deemed reasonable. Renewall was involved from the beginning but did not present a viable alternative to the project, focusing instead on specific elements like reporting costs and system scalability.
3.2.4 Reporting and Business Intelligence Costs [75] NS Power said its current reporting catalog needs to be enhanced to accommodate the anticipated transactional reporting for the new tariffs to support the renewable to retail market and...
AI summary NS Power argues that enhanced reporting infrastructure is necessary to support the renewable to retail market and new settlement processes, citing complexity and lack of pre-existing reports. Renewall suggests that costs should be reconsidered, as deliverables are limited to encrypted files and alternative funding should be explored.
[84] NS Power went on to say: Statements regarding the scope and sizing of this implementation were intended to provide assurance that the functionality was appropriately scaled to support [renewable to retail] operations without creating...
AI summary NS Power emphasized the importance of appropriately scaling the implementation to support renewable to retail operations without unnecessary cost exposure. It also argued that establishing a formal protocol for future costs related to additional licensed retail suppliers was premature and should be addressed through the regulatory process if needed.
3.2.6.1 Findings [90] Once again, the Board believes it would be inappropriate to predetermine this issue. If rework is needed, despite NS Power's assurances, whether the costs for that should be borne by the renewable to retail market, NS...
AI summary The Board finds it inappropriate to predetermine the issue of cost allocation for rework, suggesting that the responsibility should be determined based on the specific circumstances when these costs arise.
3.3.2.1 Findings [100] Given the development of markets and market complexity in Nova Scotia, the Board shares Renewall's concern. If the cost of this capital project is being charged to the renewable to retail market, then any future use...
AI summary The Board agrees with Renewall's concern regarding the allocation of costs for a capital project in Nova Scotia's renewable to retail market. It directs NS Power to start an annual certification process to ensure proper cost allocation and recovery, beginning after Renewall's first customer sale and continuing until costs are fully recovered.
3.4 Cost Recovery [101] The Small Business Advocate also expressed concern about a level of uncertainty around the recovery of these costs from the renewable to retail market. This concern was shared by the Consumer Advocate who noted that...
AI summary The Small Business Advocate and Consumer Advocate raised concerns about the uncertainty of cost recovery from the renewable to retail market, with the latter attributing cost variances to Renewall. Renewall argued that costs should not be tied to a 10-year depreciation life but to actual market use. NS Power plans to propose a cost recovery methodology in its 2027 Annually Adjusted Rates application.
4.0 SUMMARY OF BOARD FINDINGS [107] The Board finds the proposed project is necessary and approves the proposed cost of $5,644,468. [108] The Board also directs NS Power to begin the annual certification process confirming that assets fund...
AI summary The Board approves a $5,644,468 project and requires NS Power to annually certify that project assets are used solely for renewable to retail purposes. Certification must begin after Renewall's first customer sale and continue until project costs are recovered or further directed by the Board.
100721REI (NSPI) IR 1 to 22 - Word
6 passages
oes NSPI intend to account for variances between the approved amount and actual amounts incurred? Please explain. Reference : N-1, C0053699 Renewable to Retail Implementation Project, page 1 of 6. LRSs and their customers are responsible f...
AI summary The document asks NSPI about its approach to accounting for variances between approved and actual costs in the Renewable to Retail (RtR) Implementation Project. It also requests details on controls and accounting rules to ensure only incremental costs are included and how broader benefits from software enhancements are allocated.
ses, risk registers, and scope/interface management protocols, particularly following the cybersecurity incident. Reference : N-1, C0053699 Renewable to Retail Implementation Project, page 2 of 6. Implementation began in 2023… based on… CO...
AI summary The text discusses the Renewable to Retail Implementation Project, highlighting delays in the COD (Completion of Development) and the associated rework and cost increases. It references the 2025 ACE Plan and the need for NSPI to re-baseline scope and spend to minimize costs recoverable from the LRS.
urrent estimate, and if so, explain the reason for the change and quantify the cost impact on the RtR project. Reference : N-1, C0053699 Renewable to Retail Implementation Project, pages 2-3 of 6. 1. Please break down the $581,816 variance...
AI summary The text requests a detailed breakdown of a $581,816 variance in the Renewable to Retail (RtR) project, including reasons for changes and cost impacts. It also asks about schedule extensions, software dependencies, cybersecurity remediation, and infrastructure readiness to support Renewall's Q4 2026 COD.
d metering, data collection, and settlement infrastructure is anticipated to be fully operational and tested in time to support Renewall's COD and provide justification for this anticipated readiness. Please elaborate on what existing MDMS...
AI summary The text discusses the need for evaluating existing MDMS capabilities to support the RtR settlement and billing process, highlighting the anticipated readiness of metering and data collection infrastructure for Renewall's COD.
or data files will be delivered to Renewall, along with the anticipated file formats, data, and delivery frequency to LRSs. Please provide the detailed specifications of the webforms to be developed. Please confirm whether NSPI is seeking...
AI summary The text discusses the delivery of data files to Renewall, the need for detailed webform specifications, and questions regarding NSPI's recovery of regulatory hearing costs for RtR applications. It also addresses the aging CIS and its impact on cost effectiveness and technical integration complexity.
project cost might be avoided or reduced if NSPI had a modern, cloud-native CIS platform, and if so, please provide that analysis. Reference: M11874, N-4, NSPI (NSUARB) IR 1 Attachment 1, page 4; And Reference: N-1, C0053699 Renewable to R...
AI summary The text raises questions about the increase in AFUDC for NSPI and the methodology used, as well as the scope and processes for change requests in the Renewable to Retail Implementation Project. It also references a Board Order requiring NS Power to engage with interested parties and file an application for new tariffs by April 1, 2026.
102536Decision
14 passages
IN THE MATTER OF AN APPLICATION by NOVA SCOTIA POWER INCORPORATED for approval of CI C0053699 Renewable to Retail Implementation $5,644,468 BEFORE: Stephen T. McGrath, K.C., Chair APPLICANT: NOVA SCOTIA POWER INCORPORATED Lana Myatt, Manag...
AI summary Nova Scotia Power Inc. applied for approval of a $5,644,468 Renewable to Retail Implementation project. The application was approved following submissions from the applicant, intervenors, and board counsel. The decision was made by Stephen T. McGrath, K.C., Chair, on June 26, 2026.
Retail customer and renewable low-impact electricity - 18 (1) A retail supplier who meets the requirements in Section 19 may sell renewable low-impact electricity generated within the Province and a retail customer, other than a customer o...
AI summary This section outlines regulations regarding the sale and purchase of renewable low-impact electricity in Nova Scotia. It ensures that retail suppliers can sell such electricity to retail customers, transfers emission credits to customers, and prohibits Nova Scotia Power from refusing service based on renewable electricity purchases.
Definitions for the Act and these regulations 3 (1) In the Act and these regulations, … "renewable low-impact electricity" means electricity produced from any of the following: - (i) solar energy, - (ii) wind energy, - (iii) run-of-the-riv...
AI summary The document defines 'renewable low-impact electricity' and outlines the regulatory framework governing retail electricity suppliers in Nova Scotia. It highlights the distinction between public utilities and retail suppliers, the Board's authority over retail suppliers, and the obligations of NS Power to facilitate renewable electricity sales under the renewable to retail regime.
Nova Scotia Power obligations - 22 (1) Notwithstanding Section 77 of the Public Utilities Act, Nova Scotia Power, or IESO in relation to matters falling under its scope of authority pursuant to the More Access to Energy Act, shall maintain...
AI summary Nova Scotia Power (NSP) is required to maintain and file with the Board new or amended tariffs, procedures, and standards of conduct to facilitate the purchase of renewable low-impact electricity. The Board must ensure that existing customers and independent power producers are not negatively impacted, and retail suppliers must bear the costs of their services.
2.1.2 Market Development [16] The renewable to retail market amendments to the Electricity Act received Royal Assent on December 12, 2013, and came into force on March 18, 2014. As required by s. 22 of the Electricity Act , NS Power develo...
AI summary The renewable to retail market in Nova Scotia was established in 2014 but remained dormant until 2021 when Renewall obtained a retail supplier licence. Renewall initially expected to begin sales in 2023 but has repeatedly delayed this timeline. The Board has directed Renewall to submit an updated forecast for 2026 before any sales occur, but no such forecast has been filed.
2.2.2 NS Power's Engagement with Renewall [31] NS Power's evidence in this matter suggests that Renewall had considerable involvement in the development of this project to date, including the ability to influence project timing, sequencing...
AI summary NS Power engaged with Renewall in developing a project to connect Renewall to the retail market. Discussions began in 2021, and a dedicated project team was formed in 2023. NS Power adjusted its focus based on Renewall's evolving plans, pausing technical development to support interim processes before refocusing on scalable solutions for a 2024 launch.
3.1 Project Justification [41] As already noted, NS Power must take steps to facilitate the development of the renewable to retail market and this project is required to do that. As noted in its application, NS Power worked with Renewall t...
AI summary NS Power must implement a project to support the renewable to retail market. Renewall argues that NS Power's application lacks alternative analysis, cost-minimizing sequencing, and assessment of lower-cost vendor services or reuse of existing configurations.
3.1.1 Findings [43] The Board finds that the project is necessary to meet NS Power's statutory obligation under s. 22 of the Electricity Act to maintain any tariffs, procedures and standards of conduct necessary to facilitate the renewable...
AI summary The Board finds that NS Power's project is necessary to meet its statutory obligations under the Electricity Act. The project involves system enhancements rather than new systems, and Renewall was involved from the beginning. Renewall did not present a viable alternative that would have changed NS Power's approach.
[63] NS Power argued: The [renewable to retail] implementation is a complex and non-standard undertaking, involving the development of new systems, processes, and integrations to support an emerging market and a retail supplier with a deve...
AI summary NS Power argues that the renewable to retail implementation is complex and non-standard, leading to delay-related costs that cannot be isolated with the same precision as in conventional projects. NS Power asserts that these costs are justified and that Renewall has not provided evidence to support their disallowance.
3.2.4 Reporting and Business Intelligence Costs [75] NS Power said its current reporting catalog needs to be enhanced to accommodate the anticipated transactional reporting for the new tariffs to support the renewable to retail market and...
AI summary NS Power argues that enhanced reporting systems are necessary for the renewable to retail market due to the complexity of data required. Renewall suggests that costs should be reconsidered, as deliverables are limited to four encrypted files, and alternative funding may be needed. NS Power maintains that the current reporting scope is essential for reliable and sustainable operations.
[84] NS Power went on to say: Statements regarding the scope and sizing of this implementation were intended to provide assurance that the functionality was appropriately scaled to support [renewable to retail] operations without creating...
AI summary NS Power emphasized that the implementation's scope and sizing were designed to support renewable to retail operations without unnecessary cost exposure, ensuring scalability for future licensed retail suppliers. It also argued that establishing a formal protocol for future costs related to additional suppliers was premature and would be addressed through the regulatory process if needed.
3.3.2.1 Findings [100] Given the development of markets and market complexity in Nova Scotia, the Board shares Renewall's concern. If the cost of this capital project is being charged to the renewable to retail market, then any future use...
AI summary The Board agrees with Renewall's concerns regarding the allocation of costs for a capital project in Nova Scotia's renewable to retail market. It directs NS Power to start an annual certification process to ensure proper cost allocation and recovery, beginning after Renewall's first customer sale and continuing annually.
3.4 Cost Recovery [101] The Small Business Advocate also expressed concern about a level of uncertainty around the recovery of these costs from the renewable to retail market. This concern was shared by the Consumer Advocate who noted that...
AI summary The Small Business Advocate and Consumer Advocate raised concerns about cost recovery from the renewable to retail market, attributing variances to Renewall. Renewall argued that costs should not be tied to a 10-year depreciation life but to actual market use. NS Power plans to propose its cost recovery methodology in its 2027 Annually Adjusted Rates application.
4.0 SUMMARY OF BOARD FINDINGS [107] The Board finds the proposed project is necessary and approves the proposed cost of $5,644,468. [108] The Board also directs NS Power to begin the annual certification process confirming that assets fund...
AI summary The Board approves a proposed project with a cost of $5,644,468, finding it necessary. It also directs NS Power to begin an annual certification process for assets funded through the project, ensuring they are used solely for renewable to retail purposes until the project costs are fully recovered.