Topic:"Cost Deferral" in M06733

Assumptions used in ENS's 2016-2018 Rate and Bill Impact Analysis Stakeholder Stakeholder Comment ENSC's Response Inclusion in the model The Industrial Group appreciates that ENSC will look into incorporating the effects of deferring and a...

AI summary The Industrial Group acknowledges ENSC's plan to incorporate the effects of deferring and amortizing DSM program costs over eight years, as required by the Public Utilities Act. ENSC is evaluating the feasibility of including both the costs and benefits of deferral and amortization in its model and will share modifications with stakeholders before filing its next analysis as part of the 2016-2018 DSM Resource Plan Application.

NON-CONFIDENTIAL 1 Request IR-41: 2 3 Does NS Power agree that the term affordability is also to be considered in relation to any 4 request by NS Power to increase its rates? 5 6 Response IR-41: 7 8 Affordability has been a focus for NS Po...

AI summary NS Power acknowledges the importance of affordability in its regulatory applications and has taken several measures to address it, including reductions in capital expenditures, utilization of regulatory deferrals, and committed OM&G reductions.

1 Request IR-5: 2 3 Please explain the methodology NSPI would use to determine avoided distribution and 4 avoided transmission costs associated with DSM programs. 5 6 Response IR-5: 7 8 To estimate avoided T&D costs of DSM programming, NS...

AI summary NSPI explains that to determine avoided distribution and transmission costs from DSM programs, it would need information on peak demand reduction and other load modifications, such as customer self-generation and weather adjustments. It would then net these factors from observed peak load data to estimate DSM program contributions and assess avoided costs.

[90] The Board anticipates El's proposed program and savings targets can be achieved within the budget approved by the Board in this Decision. However, if El feels revisions are necessary they can be requested in the Compliance Filing. [91...

AI summary The Board approves El's proposed DSM program and savings targets within the approved budget but allows for revisions through a Compliance Filing. The DOE raises concerns about deferring and amortizing DSM costs, suggesting a decision on deferral should be made when setting the budget. The Board encourages exploring lower-cost financing options and recommends more rigorous incentive programs. El is directed to provide alternate DSM budget scenarios and rate impact analyses in future applications.

61 Transcript, June 18, 2015, Page 778, line 14 to Page 786, line 3. 1 2 On the non-fuel rates, the charge came off of the bills and the costs then, beginning 3 on January 1 of 2015, were now deferred as opposed to being collected from 4 c...

AI summary The discussion revolves around the deferral of non-fuel costs and the handling of demand-side management (DSM) funding. The Chair notes that $53 million in rates was allocated for DSM, and Efficiency Nova Scotia is requesting approval for a $37 million program. Mr. Blunden clarifies that there was no money in rates for DSM in 2014, as it was covered by a rider, and that non-fuel costs in 2015 effectively resulted in a rate reduction.

[90] The Board anticipates El's proposed program and savings targets can be achieved within the budget approved by the Board in this Decision. However, if El feels revisions are necessary they can be requested in the Compliance Filing. [91...

AI summary The Board approves El's DSM program within the approved budget but allows for revisions via a Compliance Filing. The DOE raises concerns about deferring and amortizing DSM costs, suggesting it should be decided at budget setting. The Board encourages El to explore cheaper financing options and to develop a more rigorous incentive program by March 31, 2016. El is also directed to submit alternate DSM budget scenarios and rate impact analyses in future applications.

28 The Parties acknowledge that any surplus realized by EfficiencyOne in delivering the 29 Performance Targets at the end of the Term shall be reported to the UARB and refunded to 30 NSPI unless EfficiencyOne is directed otherwise by the U...

AI summary The document outlines the handling of surplus funds from EfficiencyOne's delivery of Performance Targets, including the return of a 2014 surplus of DSM funds to NSPI, and adjustments to the Contract Price for 2016 and the overall Term.

Proposed financing process and timeline 608 609 financing. We propose the following next steps and associated timeline in support of securing long term 685 s US Department of Energy website: http://energy.gov/savings/sustainable-energy-tru...

AI summary The proposed financing process and timeline involve assumptions about how NSPI will recover the cost of efficiency investments over time, including the potential deferral of cost recovery and the relevance of third-party financing. The UARB's role in allowing cost deferral is also discussed.