Topic/Matter Intersection

Topic:"Cost Recovery" in M03259

Matter: P-111.6 - Nova Scotia Power Inc. - NSPI Accounting Policy and procedures Manual - Accounting Policy 6960 - Accounting for Financial Instruments and Hedges

1 passage 1 document

Cost Recovery across all matters →

N-2NSPI Amendment to Accounting Policy 6960 for financial instruments and hedges 6/30/2010 1 passage

Introduction of the Fuel Adjustment Mechanism p. pp. 0-2

Introduction of the Fuel Adjustment Mechanism The Fuel Adjustment Mechanism ("FAM") which came into effect January 1, 2009, governs the recovery of NSPI's fuel related costs. Subsequently, the Board approved an amendment to NSPI's Accounti...

AI summary The Fuel Adjustment Mechanism (FAM) governs NSPI's fuel cost recovery since 2009. An amendment to Accounting Policy 6960 aligns fuel expense recognition with hedge settlements, reducing volatility. NSPI proposes extending this approach to all hedges, removing quarterly effectiveness testing. The company requests Board approval by September 1, 2010, to align US GAAP reporting with FAM.

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