The Corporation has entered into multi-year fee-for-service agreements with the Province of Nova Scotia. The contract term, payment frequency and annual amounts are summarized below: 2022 2021 Non-Electric Residential June 6, 2018 - Decemb...
AI summary The Corporation has entered into multi-year fee-for-service agreements with the Province of Nova Scotia, including various programs such as low-income homeowner support, Mi'kmaw home energy efficiency, and small business energy solutions, with different payment frequencies and amounts over the years.
3. REVENUE AND CONTRACTUAL RIGHTS (continued) The Corporation entered into a services agreement with the Town of Bridgewater to administer housing energy management services. Effective June 27, 2022, the agreement provides funding of $442...
AI summary The Corporation has entered into several funding agreements, including with the Town of Bridgewater and HCi3 with FCM and the McConnell Foundation, to support energy management and climate mitigation projects. Revenue recognition and deferral practices are discussed, with specific amounts and timelines noted.
9. CONTINGENCIES The Corporation has an agreement with NS Power to extend financing to certain Business, Non-Profit and Institutional ("BNI") customers participating in either the Small Business Energy Solutions, Affordable Multi-Family Ho...
AI summary The Corporation has an agreement with NS Power to provide financing to BNI customers in specific programs, with the Corporation contingently liable for defaults. A liability of $52 has been established for accounts at risk, and total financing extended was $2,030 as of December 31, 2022.