Topic:"Accounting Policies" in M06733

Update on Implementation of 2013 Verification and Evaluation Recommendations B C E F G K Improve the accounting and finance process: Consider making the following improvements on the accounting and finance processes: 1) Establish key metri...

AI summary The document provides an update on the implementation of 2013 verification and evaluation recommendations aimed at improving the accounting and finance processes. ENSC has made progress by establishing key performance indicators, initiating internal audits with KPMG, and working to shorten the month-end closing process.

1 Request IR-5: 4 p.55 of 64, with respect to such future costs, please provide: 5 6 (a) Detail of how NSPI covers future severance, pension and retirement obligations. 7 8 (b) The total revenue collected through rates, by NSPI, in the pas...

AI summary The document includes a request for details on how NSPI covers future pension, retirement, and capital obligations, as well as the revenue collected through rates related to these obligations. It also asks how NSPI's approach differs from E1's and what would happen if E1's franchise is terminated. A response outlines that future costs are accrued under GAAP and included in revenue requirements.

3 1 Request IR-12: 2 3 With reference to performance expectations and the expectation of buffering by additional 4 funding collected from NS Power customers (Page 45 of 51, lines 21-22): 5 6 (a) Does NSPI have an account in its system of a...

AI summary The document discusses NSPI's accounting practices for uncollectible accounts and bad debt expenses. It clarifies that bad debt expenses are based on current period costs and are not carried forward for recovery in future periods, nor are they used as a financial buffer.

IT IS HEREBY ORDERED that: - 1. The Board approves a DSM Plan for 2016-2018 in the aggregate amount of $102,150,000 with a target of total cumulative energy savings of 405.9 GWh and demand savings of 62.5 MW. Approved spending is $33,210,0...

AI summary The Board has approved a DSM Plan for 2016-2018 with a total budget of $102,150,000, setting energy and demand savings targets. It also approved a supply agreement between E1 and NSPI, and directed E1 and NSPI to file various reports and analyses, including on financing deferrals, accounting treatments, and locational DSM efforts.

IT IS HEREBY ORDERED that: - 1. The Board approves a DSM Plan for 2016-2018 in the aggregate amount of $102,150,000 with a target of total cumulative energy savings of 405.9 GWh and demand savings of 62.5 MW. Approved spending is $33,210,0...

AI summary The Board approves a DSM Plan for 2016-2018 with a budget of $102.15 million and sets targets for energy and demand savings. It also approves a supply agreement, consensus agreement, and various filing requirements. The TRC test is maintained, and E1 is directed to explore alternate DSM budget scenarios and improve incentive determination processes.