E-1Financial Statements - Redacted
7 passages
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: 2025 2024 Homewarming Services Agreement March 21, 2023...
AI summary The Corporation has entered into various multi-year fee-for-service agreements with the Province of Nova Scotia, including Homewarming Services, Affordable Housing and Non-Profits, and Mi'Kmaw Home Energy Efficiency programs, with different payment terms and amounts over the years 2024 and 2025.
Program Basis of Estimate Home Energy Assessment Number of eligible homes anticipated to complete the program at the historical average rebate rate plus final audit costs to be paid to Delivery Agents. Oil to Heat Pump Affordability Number...
AI summary The document outlines various energy efficiency programs and their basis of estimate, including rebate rates, customer qualifications, and audit costs. It provides details on programs such as Home Energy Assessment, Oil to Heat Pump Affordability, and Mi'kmaw Home Energy Efficiency, among others.
The Corporation has multi-year fee-for-service agreements in place with NS Power, the Province of Nova Scotia and Natural Resources Canada which will enable the Corporation to meet these future commitments.
AI summary The Corporation has established long-term fee-for-service agreements with NS Power, the Province of Nova Scotia, and Natural Resources Canada to support its future commitments.
General Index of Financial Information Notes to the financial statements Statement of Financial Position date are reflected as short-term investments. 2. SIGNIFICANT ACCOUNTING POLICIES (continued) Capital assets Capital assets are initial...
AI summary The document outlines significant accounting policies, capital asset amortization rates, and revenue from various agreements, including a three-year demand-side management agreement with NS Power and multiple provincial pilot programs. It includes details on financial estimates and assumptions, as well as contractual rights and revenue sources.
NC. (continued) On August 29, 2017 the NSUARB approved the Corporation's Code of Conduct ("the Code"). The Code governs transactions between the Corporation's electricity efficiency and conservation activities and its Affiliates. 6. LOAN R...
AI summary The NSUARB approved the Corporation's Code of Conduct in August 2017, which governs transactions between the Corporation's electricity efficiency and conservation activities and its Affiliates. The text also mentions a loan receivable and provides some corporate details such as the business number and tax year end.
General Index of Financial Information Notes to the financial statements projects to mitigate climate impacts. Loans receivable are funded by endowments from FCM and the Province of Nova Scotia. During the year, HCi3 issued a loan receivab...
AI summary The document outlines financial details including a $200 loan receivable from HCi3 secured by a general security agreement, capital assets like furniture and leasehold improvements, a $7,500 demand loan from the bank, deferred revenue under Demand-Side Management (DSM) programs, and a contingency involving NS Power financing for BNI customers in energy efficiency programs.
Notes to the financial statements Home Energy Assessment Number of eligible homes anticipated to complete the program at the historical average rebate rate plus final audit costs to be paid to Delivery Agents. Oil to Heat Pump Affordabilit...
AI summary The text outlines various programs and their associated costs, including Home Energy Assessments, Oil to Heat Pump Affordability, SolarHomes, and others, along with the Corporation's financial commitments and lease agreements. It also discusses the Corporation's risk management, particularly credit risk related to financial instruments.