Topic:"Revenue Requirement" in M12768

REDACTED Crystal Henwood Clerk of the Board Nova Scotia Energy Board 1601 Lower Water Street, 3rd Floor Halifax, NS B3J 3S3 Re: Extra Large Industrial Active Demand Control (ELIADC) Tariff – 2025 Annual Report Dear Ms. Henwood: Nova Scotia...

AI summary NS Power submitted the 2025 Annual Report for the ELIADC Tariff, which resulted in a benefit of $4.4 million to other customers in 2025. This benefit was calculated based on the minimum payment amount under the tariff and the load of PHP. The report was submitted in accordance with the Board's requirement for annual reporting.

Year PHP Load (GWh) ADC Load Shifting Differential ($M) Benefit to Other Customers ($M) 2020 875 6.6 7.3 2021 966 (16.7) 3.9 2022 957 (48.9) 3.8 2023 670 (33.6) 2.7 2024 766 (0.8) 3.1 2025 691 1.5 4.4 In response to Recommendation XIV-1 in...

AI summary The table presents annual data on PHP Load (GWh), ADC Load Shifting Differential ($M), and Benefit to Other Customers ($M) from 2020 to 2025. The data shows fluctuating values, with a notable negative differential in 2021 and 2022. The text references a recommendation from the 2020-2021 FAM Audit Report (M10416) and indicates additional context will be provided.

For the Year Ended December 31, 2025 Forecasted CBL Energy Charge ($) Actual CBL Energy Charge ($) Fuel & Purchased Variable Operating & Month Generation Cost Purchase Cost Sale Revenue Start Cost PHP Load CBL Energy Charge Power Charge Ma...

AI summary The document presents a detailed financial summary for the year ended December 31, 2025, including forecasted and actual CBL energy charges, generation costs, purchase costs, and various financial metrics related to PHP load, ADC differentials, and NSPI and PHP benefits. The data spans across 12 months, with monthly breakdowns and an annual total.

M12768 – Nova Scotia Power Incorporated – Extra Large Industrial Active Demand Control Tariff – 2025 Annual Report On March 26, 2026, Nova Scotia Power Incorporated filed its Annual Report on the performance of the Extra Large Industrial A...

AI summary Nova Scotia Power Incorporated filed its 2025 Annual Report on the performance of the Extra Large Industrial Active Demand Control Tariff (ELIADC), which is an annually adjusted, below-the-line tariff serving Port Hawkesbury Paper. The tariff allows NS Power to manage demand in response to system conditions, with savings shared between the company and its customers. However, the ADC load shifting differential was positive in only two years since the tariff's inception.

Reply Submissions Port Hawkesbury Paper, in its reply submissions, requested that the 2025 ELIADC tariff report be approved as filed. Port Hawkesbury Paper noted there is no cause for concern regarding the Cause Code 5 hours since the 95 h...

AI summary Port Hawkesbury Paper requests approval of the 2025 ELIADC tariff report, noting that the low Cause Code 5 hours and issues related to load forecast revisions and interest on post-year-end balances should be addressed in the new tariff proceeding (M12661). NS Power defends the ELIADC tariff, stating that market conditions, not design flaws, caused the variance between forecast and actual results and that the tariff is an annual settlement mechanism.

(b) Please provide a copy of any FAM SWG presentation materials and 1 2 3 4 2026 M12768 NOVA SCOTIA ENERGY BOARD 3 4 5 (c) Is it accurate that regardless which Cause Code, FAM customers are assigned 75% of the costs (or benefits) and PHP i...

AI summary The text contains a series of requests related to Fixed Asset Management (FAM) and Peak Hour Pricing (PHP) in the context of a regulatory proceeding. It asks for documentation, clarification on cost allocation, explanation of column headings, and a sum of specific columns. The requests also include identifying dates with incomplete Cause Code tracking in 2025.

June 1, 2026 VIA EMAIL Ms. Crystal Henwood Clerk of the Board Nova Scotia Energy Board 1601 Lower Water Street, 3rd Floor Halifax NS B3J 3S3 Dear Ms. Henwood: Re: M12768 - Nova Scotia Power Inc. - Extra Large Industrial Active Demand Contr...

AI summary This letter discusses the 2025 Annual Report for Nova Scotia Power Inc.'s ELIADC Tariff, which includes the calculation of the ELIADC Energy Charge and the requirement for a minimum payment by PHP. The report was filed in response to the Board's approval of the 2024 AAR filing and an interim order allowing the 2024 ELIADC Tariff to remain in effect for an additional month.

8. Inter-Year Adjustments — Transparency and Comparability The ELIADC Revenue Table for 2025 (Att.1, p.1/3) records a 2024 ADC Adjustment of −$1,221,077 and a 2024 VOM Adjustment of +$52,067 within the 2025 annual figures. 6 Matter M12123,...

AI summary The document discusses inter-year adjustments in the ELIADC Revenue Table for 2025, highlighting a $1.22M prior-year adjustment and the need for transparency in annual reporting. The Investigator General (IG) requests standardized tables to enable like-for-like year-over-year comparisons, while NSPI confirms adjustments will continue under US GAAP.

Monthly Variability, Cost Recovery, and Reporting In its submission, the IG describes month-to-month variability between billed revenues and cost to serve, and requests NS Power "provide in the monthly reporting M-8, a month-bymonth compar...

AI summary The Industrial Group (IG) requests detailed monthly reporting from NS Power to compare billed revenues with the cost to serve, highlighting shortfalls and explaining accruals. NS Power explains that the ELIADC Tariff operates on an annual settlement basis, and monthly values are provisional and subject to reconciliation. The IG also suggests including annual benefits and costs in future reports for better performance assessment.

M12768 – Nova Scotia Power Incorporated – Extra Large Industrial Active Demand Control Tariff – 2025 Annual Report On March 26, 2026, Nova Scotia Power Incorporated filed its Annual Report on the performance of the Extra Large Industrial A...

AI summary Nova Scotia Power Incorporated filed its 2025 Annual Report on the Extra Large Industrial Active Demand Control Tariff (ELIADC), which allows NS Power to adjust Port Hawkesbury Paper's load in response to system conditions. The tariff provides load shifting credits, with 25% going to Port Hawkesbury Paper and 75% to NS Power customers. The ADC benefit has been positive in only two years since the tariff's inception.