Topic:"Affordability" in M13008

14.1 Provision and Ownership - 14.1.1 NS Power will install and seal all revenue class meters for the purpose of measuring the output of the LRS' generation resources and the RtR Customer's load, including any export from bidirectional met...

AI summary This section outlines NS Power's responsibilities regarding the installation, ownership, and regulation of revenue class meters for LRS generation resources and RtR Customers. It specifies that NS Power will install and maintain these meters, which will be used for billing and load settlement purposes. Metering equipment remains NS Power's property and must comply with applicable regulations.

19.0 CREDIT ASSURANCE - 19.1 An LRS must provide, in advance, Credit Assurance as security for the payment and performance of the LRS' obligations to NS Power, including payment for the LRS Tariffed Services and payment of the DT Charges,...

AI summary This section outlines the credit assurance requirements for Licensed Retail Suppliers (LRS) under NS Power. LRS must provide credit assurance in advance, equal to 200% of forecasted payments, and failure to comply may result in default. NS Power may draw on the credit assurance in the event of a default and may require additional assurance if needed. The LRS is responsible for the costs of a letter of credit and any associated delays.