Topic/Matter Intersection

Topic:"Affordability" in M03096

Matter: P-199 - Nova Scotia Power Inc./Efficiency Nova Scotia Corporation - Request for Funding from NSPIRequest Board approval for initial funding of ENS by NSPI in the amount of $2,040,000. Funding will cover the cost of establishing ENS as a functioning entity and of operating it as such during its first twelve months. In addition, Funding would include an additional amount to fund the work of ENS in developing the 2012 DSM plan, including the engagement of appropriate consultants and participation in the Program Development Working Group (PDWG) process.

2 passages 1 document

Affordability across all matters →

04432Board Decision Letter 2 passages

Efficiency Nova Scotia Corporation Funding - P-199 p. p. 0

Efficiency Nova Scotia Corporation Funding - P-199 On April 30, 2010 Efficiency Nova Scotia Corporation ("ENS") sought approval from the Nova Scotia Utility and Review Board (the "Board") for initial funding of ENS by Nova Scotia Power Inc...

AI summary Efficiency Nova Scotia Corporation (ENS) requested initial funding from the Nova Scotia Utility and Review Board (NSURB) in 2010 to establish and operate as a functioning entity. The budget for the first year was estimated between $1,155,000 and $1,380,000. The Province of Nova Scotia provided $391,600 in grants and in-kind support, and ENS proposed a 'true up' process to adjust funding based on actual costs.

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Section 6 p. p. 0

requested by ENS. The Board anticipates that these arrangements will be detailed in a transition plan which itself is subject to Board approval. This approval is subject to the following conditions: - 1. These funds are to be expended excl...

AI summary The Board has approved ENS's transition plan subject to conditions, including exclusive use of funds for DSM expenditures, quarterly and annual reporting, and notification of material changes. The Board expects ongoing reports on ENS's activities and the transition working group.

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