Topic:"Compliance Legislation" in M13007

- 14 IESO Nova Scotia identified an additional true-up option which incorporates prior year revenue - 15 requirement variances sooner via a compliance filing. In this application, that option allows for - 16 IESO to apply the under-spend f...

AI summary The IESO Nova Scotia identified an additional true-up option that allows for earlier incorporation of prior year revenue requirement variances through a compliance filing. This option enables the IESO to apply the under-spend from fiscal year 2025/26 via compliance filing, resulting in revised charges to market participants.

NON-CONFIDENTIAL 40 e) Yes, subject to the clarification on timing provided in response in part d) above. Pursuant 41 to Application 4.2 and Figure 13, the compliance filing True-Up Option 2 also allows for 42 FY1 load actuals to be adjust...

AI summary The text discusses adjustments to load actuals in compliance filings, referencing Application 4.2 and Figure 13. It confirms adjustments for FY1 load actuals and mentions an actual load allocation adjustment for FYI variances based on FY1 actual load.

11 Request IR-2: 12 13 Regarding the proposal for Option 2, as described on p. 30-37 of the Application, please confirm 14 the following statements. If not confirmed, please explain. 15 16 (a) The compliance filing would include the follow...

AI summary The text requests confirmation of details related to a compliance filing for Option 2, including the inclusion of FY1 expenditure reports, recalculated fees, timing of the filing, assumptions required for reporting, and the handling of fees for FY2. It also notes that the filing will not undergo a hearing process and defers prudence review to the FY3 application.