Topic:"Cost Deferral" in M09163

The UARB requested that the Corporation assess the viability of external financing of NS Power's DSM deferral balance of $35,000 from 2015 ("2015 DSM Deferral"). The Corporation determined that such external financing could result in savin...

AI summary The UARB requested NS Power to assess external financing of a DSM deferral balance from 2015, which led to a loan arrangement with TD. The Corporation borrowed funds from TD and advanced them to NS Power, with NS Power obligated to repay the Corporation in equal monthly payments. A second loan was finalized in 2017 for accrued returns on the deferral balance.

The costs in each fund include direct costs of the programs which are comprised of, but not limited to, customer payments, program support costs, and other program and administrative costs directly attributable to a program. The Corporatio...

AI summary The document outlines how the Corporation allocates both direct and non-direct costs across various programs. Direct costs include customer payments and program support, while non-direct costs such as salaries and administrative overhead are allocated based on FTE and direct costs, following the ENSC Cost Allocation Methodology Report. The CAM is subject to review by the UARB.