Topic:"Cost Considerations" in M13042

16.9 Adjustment for Post-Proposal Applicable Tariffs - a) If any Post-Proposal Applicable Tariffs are introduced, the Seller shall use Commercially Reasonable Efforts to avoid or mitigate the cost of any such Post-Proposal Applicable Tarif...

AI summary This section outlines the procedures for adjusting energy rates due to Post-Proposal Applicable Tariffs. The Seller must use commercially reasonable efforts to avoid or mitigate these tariffs. If the capital cost increases by more than 7.5%, the Seller may submit a notice to NSPI with supporting details and a proposed revised energy rate.

16.9 Adjustment for Post-Proposal Applicable Tariffs - a) If any Post-Proposal Applicable Tariffs are introduced, the Seller shall use Commercially Reasonable Efforts to avoid or mitigate the cost of any such Post-Proposal Applicable Tarif...

AI summary Section 16.9 outlines procedures for adjusting energy rates in response to Post-Proposal Applicable Tariffs. The Seller must use commercially reasonable efforts to avoid such tariffs, and if they increase capital costs by more than 7.5%, a notice must be submitted to NSPI with supporting details and a proposed revised energy rate.

S UMMARY OF RECOMMENDATIONS For the reasons set out above, the IG recommends that the Board direct the PA to provide, or that the PA otherwise provide in its reply, the following before the GCP PPA is approved: - An analysis of the expecte...

AI summary The IG recommends that the Board require the PA to provide analyses on ratepayer costs related to CPI indexation, early completion incentives, curtailment compensation, and jurisdictional security data before approving the GCP PPA. These analyses are intended to ensure cost-effectiveness and protect ratepayers.

s the difference between Annual Average Marginal Cost Rate for that Contract Year and the Energy Rate (if the Annual Average Marginal Cost Rate for that Contract Year is greater than the Energy Rate).

AI summary The text discusses the calculation of the difference between the Annual Average Marginal Cost Rate and the Energy Rate for a specific contract year, emphasizing that this difference is only considered if the Annual Average Marginal Cost Rate is higher than the Energy Rate.

16.9 Adjustment for Post-Proposal Applicable Tariffs - a) If any Post-Proposal Applicable Tariffs are introduced, the Seller shall use Commercially Reasonable Efforts to avoid or mitigate the cost of any such Post-Proposal Applicable Tarif...

AI summary The section outlines the adjustment process for Post-Proposal Applicable Tariffs, including requirements for the Seller to mitigate costs and procedures for submitting a Tariff Adjustment Notice to NSPI if costs increase by more than 7.5% due to such tariffs.