Topic:"Cost Deferral" in M11094

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 among its programs, using metrics such as Full-Time Equivalents and Direct Costs as defined in the ENSC Cost Allocation Methodology Report. The CAM is regularly reviewed by the NSUARB.

Utility and Review Board and reported annually through EfficiencyOne's Compliance Report. Please also refer to EfficiencyOne's response to NSUARB IR-02. i) Please refer to EfficiencyOne's IR response in (e). (f) Please refer to EfficiencyO...

AI summary The text discusses EfficiencyOne's compliance with regulations and references its responses to previous regulatory requests. It mentions the Provincial Fund, which includes efficiency and conservation services branded as Efficiency Nova Scotia, and notes that these services are unregulated activities. The text also raises a question about the deferral of current year revenue under the Provincial Fund, comparing it to the 2021 deferral amount.

canada.ca/my-cra-business-acco unt. 1 Request IR-14: 20 i. Does E1 staff keep track of hours spent on DSM versus other programs? Is this 21 used in the cost allocation? Please provide details. 22 23 (c) Does E1 expect all non-DSM related p...

AI summary The document contains questions regarding the allocation of expenses between DSM and non-DSM programs, including how hours spent on DSM versus other programs are tracked, whether non-DSM programs may require more resources, and discrepancies between allocated expenses and financial statements.

where each program is identified as DSM or non-DSM, using two allocators Direct Cost or Full Time Equivalent (FTE). For example, salary and benefit costs are allocated using the FTE allocator as these M04539, Efficiency Nova Scotia Corpora...

AI summary The document discusses the Cost Allocation Methodology (CAM) used by Efficiency Nova Scotia Corporation (ENSC), which allocates costs between DSM and non-DSM programs using Direct Cost and Full Time Equivalent (FTE) allocators. In 2022, 63% of staff resources were assigned directly to DSM programs, including Regulatory Affairs, and the CAM is subject to an annual audit.

2 ENSC'S NEW SYSTEM OF ACCOUNTS ENSC is in the process of implementing a new system of accounts. In this system of accounts each transaction will be coded in four ways: - 1. Account code: Each entry is assigned an account code. The account...

AI summary ENSC is implementing a new system of accounts with four coding methods: account code, fund, department, and program. The system includes four funds, 12 departments, and 26 programs, with specific coding for administrative and general costs.

ive and Operational Overhead Accounts and are, therefore, allocated in the same way as those costs (i.e., allocated to programs and, hence, to the electricity and other fuel mandates on the basis of the total directly allocated costs of ea...

AI summary The document discusses the Cost Allocation Methodology (CAM) for ENSC, focusing on how salaries and benefits are categorized and allocated. It divides these into executive, staff, and administrative categories, with specific allocation methods based on project headcount and total program costs.

INTRODUCTION The NSUARB has requested an accounting procedures document to accompany the Cost Allocation Methodology (CAM) Report filed by Efficiency Nova Scotia Corporation (ENSC) on September 30, 2011, that will provide greater procedura...

AI summary The NSUARB requested an accounting procedures document to accompany ENSC's CAM Report, providing guidance on how program costs are allocated within ENSC's accounting system. The Appendix outlines procedural direction, includes examples, and notes that Admin/General costs are allocated to the General Fund and corporate departments.

CONCLUSION The cost allocation and procedural direction outlined above creates an accounting methodology and procedure designed to satisfy the regulatory requirement to ensure that costs are properly and fairly allocated between programs p...

AI summary The conclusion outlines a cost allocation methodology and procedure to ensure fair distribution of costs between programs funded by electricity ratepayers and taxpayers. Directly allocable costs are assigned to EDSM and PNS funds using vendor-provided measures, while other costs are placed in the General Fund and allocated via the CAM model for reporting to the NSUARB.

Line item ‐ Travel Travel is supported by a schedule breaking out the cost of travel per day, referencing the completed evaluation numbers. These costs cannot be directly allocated due to lack of information provided by the vendor indicati...

AI summary The document discusses the allocation of travel costs incurred during an evaluation, noting that the costs are nominal compared to the overall evaluation cost. A proportional basis is used to allocate costs between different funds, with 98% of the costs allocated to the EDSM fund as direct costs and 2% to the General Fund as indirect costs.

EXAMPLE # 3 – IDENTIFIED AND INDIRECT An invoice is received by the Accounts Payable Clerk from Vendor "C" in which the subject line reads: "ENS‐0039 BER Brochures". The subject line specifically identifies an ENSC program – Business Energ...

AI summary An invoice for ENSC's Business Energy Rebates program brochures is received, but the Accounts Payable Clerk cannot directly allocate costs between New Construction and Retrofit subcategories. A 20% to New Construction and 80% to Retrofit allocation rate was determined by the Program Manager for internal reporting and cost allocation through the CAM.

Request IR-15: - Regarding responses to IR-2, IR-4 b) h), IR-7: - a) The cash receipt and deferred revenue related to the Provincial Fund have grown significantly in 2022, with revenues and expenses slightly increasing in the year as well....

AI summary The document raises concerns about E1's ability to manage DSM and non-DSM programs with current resources, questions differences in cost allocations between funds, and seeks explanations for discrepancies in financial reporting. It also inquires about the structure of non-DSM programs and the rationale behind different allocators for certain expenses.