General Rate Application ("GRA"):
p. p. 40
General Rate Application ("GRA"): On April 30, 2026, the NSEB approved the GRA with changes effective on May 1, 2026. This results in an average annual customer rate increase of 1.2 per cent, and a further average annual increase of 2.5 pe...
AI summary The NSEB approved the GRA on April 30, 2026, effective May 1, 2026, with a 1.2% annual rate increase and a further 2.5% increase in 2027. The approved rates will increase annual revenue by $31 million in 2026 and $97 million in 2027. Fuel cost adjustments will be managed via the FAM process, and NSPI's ROE range remains at 8.75% to 9.25%. The depreciation study and storm rider were also approved, and NSPI plans to recover deferred costs through securitization, pending provincial support.