Topic:"Revenue Requirement" in M12521

The Board orders: - 1. The 2026 DCRR attached as Schedule "A" is effective January 1, 2026. The direct monthly payment amounts for the OATT MEUs, set out in Figure 2 in Exhibit N-1 in this application, are effective January 1, 2026. Howeve...

AI summary The Board approves the 2026 DCRR effective January 1, 2026, allowing MEUs to adjust monthly payments to align with annual PCR amounts. Balancing Adjustments will address rate differences, and interest on 2024 Balancing Adjustment balances is put on hold. This schedule applies to most electric rate classes, excluding specific tariffs.

3. Interim Approval of the 2026 DCRR and/or Effective Date of the 2026 DCRR NSPI submitted this application after receiving a three-week extension from the Board. The extension compressed the review timeline to ensure new rates are in plac...

AI summary NSPI requested an extension to finalize the 2026 DCRR, which the Board granted, allowing the 2025 DCRR to remain in place until approval. The Industrial Group warns that interim approval of the 2026 DCRR could cause rate volatility, especially with the GRA hearing in January 2026, and suggests aligning the effective dates of the DCRR and GRA to minimize instability.

The Application: NS Power's Application anticipates and addresses two reasons for possible delay in the effective date for the 2026 DCRR: 1. This Application includes assumptions related to the 2026-2027 General Rate Application (the "GRA"...

AI summary NS Power's Application seeks approval for the 2026 DCRR to take effect on January 1, 2026, citing potential delays due to the pending General Rate Application and the unresolved 2026 DSM Extension Application. The Application includes two cost recovery components: the PCR and the BA component. NS Power also proposes alternatives if the 2026 DCRR is not approved.

The Board orders: - 1. The 2026 DCRR attached as Schedule "A" is effective January 1, 2026. The direct monthly payment amounts for the OATT MEUs, set out in Figure 2 in Exhibit N-1 in this application, are effective January 1, 2026. Howeve...

AI summary The Board has approved the 2026 DCRR, effective January 1, 2026, and outlined procedures for adjusting payments by MEUs. It also notes that interest on Balancing Adjustment balances from 2024 will be held in abeyance. The schedule applies to most electric rate classes, excluding specific tariffs.