Topic:"Cost Recovery" in M08929

• Fourth, we draw on the internal stakeholders to provide valuable insights and perspectives on the results. In the program development process, we will solicit input to help guide and shape the set of programs to be considered in the DR p...

AI summary The text discusses the development of program costs for Demand Response (DR) programs, including administrative costs and customer incentives. It mentions the use of shared costs across programs, economies of scale, and collaboration with E1 and Navigant to ensure accurate cost assumptions and levelized cost calculations.

ticipation forecasts by customer segment • Number of participants in DR programs in different DR programs by market segment • Per customer load impacts (either specified • Winter demand reductions and energy in terms of kW reduction per pa...

AI summary The text outlines key metrics and considerations for demand response (DR) programs, including participation forecasts, customer load impacts, attrition assumptions, and cost-benefit analyses. It emphasizes the importance of evaluating technology costs, incentive levels, and avoided energy and demand costs in different market segments for Nova Scotia.

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AI summary The document discusses the importance of rate mechanisms, cost recovery, and the implications of fuel cost adjustments on utility operations in Nova Scotia. It outlines the challenges in managing energy efficiency programs, ensuring fair cost allocation, and addressing regulatory considerations in utility planning and operations.

   ϭ     REDACTED (CONFIDENTIAL INFORMATION REMOVED) REDACTED Hydro Asset Study Appendix C Page 8 of 143  EKs^Kd/WKt Z/E͘Ͳ,zZKWZKhd/KE ^/d  KDD/^^/KE/E' ^d/Dd ^hDDZz&KZ^^ dZ d/Z D EdK>/'d/KE^;ZKͿ^dh...

AI summary The text discusses the assessment of hydro assets, focusing on the evaluation of 31 assets and their impact on the utility's operations and financial planning. It highlights challenges related to asset management, cost recovery, and the implications of infrastructure planning for the utility's overall strategy.

ŝƚĞ͕ĂƐƉĞƌƐŝƚĞƐƉĞĐŝĨŝĐĐŽŶĐĞƉƚƵĂůŝnjĞĚĚĞĐŽŵŵŝƐƐŝŽŶŝŶŐƌĞƋƵŝƌĞŵĞŶƚƐ͘ dŚĞĐŽƐƚƐĚĞƚĂŝůĞĚŝŶƚŚŝƐƌĞƉŽƌƚĂƌĞƌĞƉƌĞƐĞŶƚĂƚŝǀĞŽĨĚĞŵŽůŝƚŝŽŶŽĨĂƐƐĞƚƐĚŝƌĞĐƚůLJĂƐƐŽĐŝĂƚĞĚǁŝƚŚĞdžŝƐƚŝŶŐ ƉŽǁĞƌŚŽƵƐĞƐ ĂŶĚ ĞdžŝƐƚŝŶŐ ŵĂĐŚŝŶĞƌLJ ĂŶĚ ŵĞĐŚĂŶŝĐĂů...

AI summary The document discusses the financial and operational challenges of managing energy resources, including cost recovery, regulatory processes, and the impact of various programs and policies. It highlights the need for effective accounting policies, cost deferral, and regulatory oversight to ensure equitable and efficient service delivery.

Ϯ     REDACTED (CONFIDENTIAL INFORMATION REMOVED) REDACTED Hydro Asset Study Appendix C Page 9 of 143  EKs^Kd/WKt Z/E͘Ͳ,zZKWZKhd/KE ^/d  KDD/^^/KE/E' ^d/Dd ^hDDZz&KZ^^ dZ d/Z D EdK>/'d/KE^;ZKͿ^dhz;LJ...

AI summary The document discusses the evaluation of hydro asset studies, emphasizing the importance of accurate cost recovery mechanisms and the potential impacts of delayed rate adjustments. It highlights concerns related to the alignment of base rates with actual costs and the need for proper financial planning in utility operations.

ƉƚŚŽĨĨŽƵŶĚĂƚŝŽŶƐ͘KŶĐĞƚŚĞƐƵďƐƚƌƵĐƚƵƌĞŝƐƌĞŵŽǀĞĚ͕ĞdžĐĂǀĂƚŝŽŶƐǁŝůůďĞďĂĐŬĨŝůůĞĚ ǁŝƚŚ ĞdžĐĂǀĂƚĞĚ ĂŶĚ ĚĞŵŽůŝƐŚĞĚ ĐŽŶĐƌĞƚĞ ĂŶĚ ŵĂƐŽŶƌLJ ŵĂƚĞƌŝĂů ĂƐ ĂƉƉƌŽƉƌŝĂƚĞ ĂŶĚ ǁŝƚŚ ůĞĂƐƚ ĐŽƐƚůLJ    ϭϭ     REDACTED (CONFIDENTIAL I...

AI summary The text discusses a regulatory proceeding involving a hydro asset study, focusing on financial and operational aspects such as cost recovery, asset management, and regulatory compliance. It includes confidential information and mentions appendices related to the study.

ĂŶĚƌĞůĂƚĞĚĐŽŵƉŽŶĞŶƚƐ͕ƐƚŽĐŬƉŝůĞĚĞŵŽůŝƚŝŽŶŵĂƚĞƌŝĂůĨŽƌĚŝƐƉŽƐĂů͘ x ZĞŵŽǀĞĂŶĚĚĞŵŽůŝƐŚŵĂŝŶĨůŽŽƌƌĞŝŶĨŽƌĐĞĚĐŽŶĐƌĞƚĞƐůĂď͘^ƚŽĐŬƉŝůĞĚĞŵŽůŝƚŝŽŶŵĂƚĞƌŝĂůĨŽƌĚŝƐƉŽƐĂů͘ x ZĞŵŽǀĞĞdžƉŽƐĞĚŝŶƚĞƌŝŽƌƐƚĞĞůƉĞŶƐƚŽĐŬ͕ŵĂŝŶƉĞŶƐƚŽĐŬďƵƚƚĞ...

AI summary The text discusses topics related to energy efficiency, cost management, and regulatory considerations in the context of a regulatory proceeding. It highlights issues such as fuel cost adjustments, asset retirement obligations, and the impact of various programs on affordability and cost recovery.

   ϯϲ     REDACTED (CONFIDENTIAL INFORMATION REMOVED) REDACTED Hydro Asset Study Appendix C Page 43 of 143  EKs^Kd/WKt Z/E͘Ͳ,zZKWZKhd/KE ^/d  KDD/^^/KE/E' ^d/Dd ^hDDZz&KZ^^ dZ d/Z D EdK>/'d/KE^;ZKͿ^d...

AI summary The text discusses the evaluation of a hydro asset study, focusing on asset retirement obligations, the impact of energy efficiency programs, and the financial and operational considerations of utility companies. It highlights challenges related to infrastructure planning, cost recovery, and regulatory compliance.

ůĂƚĞĚ ĐŽŵƉŽŶĞŶƚƐ͕ ƐƚŽĐŬƉŝůĞ ĚĞŵŽůŝƚŝŽŶ ŵĂƚĞƌŝĂů ĨŽƌ ĚŝƐƉŽƐĂů͘ x ZĞŵŽǀĞĂŶĚĚĞŵŽůŝƐŚŵĂŝŶĨůŽŽƌƌĞŝŶĨŽƌĐĞĚĐŽŶĐƌĞƚĞƐůĂďĂŶĚƌĞůĂƚĞĚƌĞŝŶĨŽƌĐĞĚĐŽŶĐƌĞƚĞƐƵďƐƚƌƵĐƚƵƌĞ͘ ^ƚŽĐŬƉŝůĞĚĞŵŽůŝƚŝŽŶŵĂƚĞƌŝĂůĨŽƌĚŝƐƉŽƐĂů͘dŚŝƐƉŽǁĞƌŚŽƵƐĞŽƵƚ...

AI summary The text discusses various aspects of utility regulation, including accounting policies, cost recovery, and the management of asset retirement obligations. It also touches on energy efficiency programs, stakeholder engagement, and regulatory processes such as prudence reviews and compliance with legislation.

/E' ^d/Dd ^hDDZz&KZ^^ dZ d/Z D EdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ   x WůĂĐĞ ƚŽƉƐŽŝů͕ ƐŽĚƐͬŚLJĚƌŽͲƐĞĞĚ͕ ŵŝƐĐĞůůĂŶĞŽƵƐ ƌƵĚŝŵĞŶƚĂƌLJ ůĂŶĚƐĐĂƉŝŶŐ ĂƐ ŵĂLJ ďĞ ƌĞƋƵŝƌĞĚ ĨŽƌ ƉƵďůŝĐ ƐĂĨĞƚLJĂŶĚƚŽĨĂĐŝůŝƚĂƚĞƐƵƌĨĂĐĞĚƌĂŝŶĂŐĞ...

AI summary The text discusses the implementation of fuel-cost-adjustment mechanisms and their impact on rate structures, as well as the evaluation of asset management and infrastructure planning in the context of a regulatory proceeding. It highlights concerns around cost recovery and the need for accurate forecasting and prudence reviews.

Dd ^hDDZz&KZ^^ dZ d/Z D EdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ   x /ŶĨŝůůĨŽƵŶĚĂƚŝŽŶƐƵďƐƚƌƵĐƚƵƌĞĞdžĐĂǀĂƚŝŽŶǁŝƚŚĐŽŵƉĂĐƚĞĚŐƌĂŶƵůĂƌŵĂƚĞƌŝĂůĂŶĚƐĞůĞĐƚĞĚĐůĞĂŶĚĞŵŽůŝƚŝŽŶ ĚĞďƌŝƐƚŽƚŚĞĞdžŝƐƚŝŶŐƚĂŝůƌĂĐĞĐŽĨĨĞƌĚĂŵƐƚƌƵĐƚƵƌĞ͘dŚ...

AI summary The text discusses the importance of proper accounting and financial management in utility regulation, emphasizing the need for accurate cost recovery, asset retirement obligations, and the impact of various regulatory mechanisms on utility operations and customer affordability.

ƚŝŽŶ ĂŶĚ ƌĞůĂƚĞĚ ŵĂƚĞƌŝĂůƐ ĚŝƐƉŽƐĂů͕ ĂŶĚ ƐŝƚĞ ƉƌŽƚĞĐƚŝŽŶ ĂŶĚ ƌĞŵĞĚŝĂƚŝŽŶ ƉŽƐƚ ĚĞŵŽůŝƚŝŽŶ͘  dŚĞƌĞ ŝƐ ĐŽŶƐŝĚĞƌĂďůĞĐŽƐƚŝŶĐŽŶĐƌĞƚŝŶŐƚŚĞƚĂŝůƌĂĐĞĐŚĂŶŶĞů͘    ϱϳ     REDACTED (CONFIDENTIAL INFORMATION REMOVED) REDACTE...

AI summary The text discusses the management of asset retirement obligations and the impact of deferred costs on financial reporting, highlighting the need for accurate accounting policies and cost recovery mechanisms in utility regulation.

' ^d/Dd ^hDDZz&KZ^^ dZ d/Z D EdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ   x ŝƐƉŽƐĂůŽĨĐŽŶƐƚƌƵĐƚŝŽŶĂŶĚĚĞŵŽůŝƚŝŽŶĚĞďƌŝƐʹƚƌƵĐŬƐĞůĞĐƚĞĚŵĂƚĞƌŝĂůƐƚŽĂĚĞƐŝŐŶĂƚĞĚĐŽŶƐƚƌƵĐƚŝŽŶ ĚĞďƌŝƐĚŝƐƉŽƐĂůĨĂĐŝůŝƚLJ͕ǁŚŝůĞƐƵŝƚĂďůĞŽƚŚĞƌŵĂƚĞ...

AI summary The text discusses the importance of accurate and timely cost recovery mechanisms in utility regulation, emphasizing the need for alignment between base rates and actual costs. It highlights the role of regulatory oversight in ensuring fair and efficient energy management practices, including the need for prudence reviews and stakeholder engagement.

^d/Dd ^hDDZz&KZ^^ dZ d/Z D EdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ   ĚŝǀĞƌƐŝŽŶƉĂƐƚƚŚĞƉŽǁĞƌŚŽƵƐĞůŽĐĂƚŝŽŶƚŽĂǀŽŝĚƉŽƚĞŶƚŝĂůĞƌŽƐŝŽŶĂŶĚůŽĐĂůĨůŽŽĚŝŶŐƉƌŽďůĞŵƐ ĂƐƐŽĐŝĂƚĞĚǁŝƚŚŚĂǀŝŶŐƚŚĞƌŝǀĞƌĨůŽǁƚŚƌŽƵŐŚĂĨŝůůĞĚĂƌĞĂůŽĐĂƚĞ...

AI summary The document discusses the evaluation of a regulatory proceeding related to energy management, including considerations of fuel-cost-adjustment mechanisms, cost-recovery, and the impact of energy-efficiency programs on rate structures and customer affordability.

ĚĚŝƐƉŽƐĂůĨĂĐŝůŝƚLJ͕ ǁŚŝůĞƐƵŝƚĂďůĞŽƚŚĞƌŵĂƚĞƌŝĂůƐ͕ƐƵĐŚĂƐƉƵůǀĞƌŝnjĞĚĐŽŶĐƌĞƚĞĚĞǀŽŝĚŽĨƌĞďĂƌĂŶĚĞŵďĞĚĚĞĚŵĞƚĂůƐ͕ĐĂŶďĞ ďƵƌŝĞĚĂƚƐŝƚĞ͘ x ĞůŝǀĞƌŽƌƐĞůůƐƚŽĐŬƉŝůĞĚƐĂůǀĂŐĞŵĂƚĞƌŝĂů͘    ϭϬϲ     REDACTED (CONFIDENTIAL INFO...

AI summary The text discusses the importance of managing asset retirement obligations and the challenges associated with ensuring accurate accounting practices and cost recovery mechanisms in utility operations.

^hDDZz&KZ^^ dZ d/Z D EdK>/'d/KE^;ZKͿ^dhz;LJ^LJƐƚĞŵͿ   ĞŵŽůŝƚŝŽŶ ƉůĂŶŶŝŶŐ ĨŽƌ ƚŚŝƐ ĨĂĐŝůŝƚLJ ǁŝůů ĐŽŶƐŝĚĞƌ ƚŚĂƚ ƚŚĞ ŝŶƚĂŬĞ ƐƚƌƵĐƚƵƌĞ ĂŶĚ ĨŽƌĞďĂLJ ǁŝůů ďĞ ĚĞǁĂƚĞƌĞĚ͕ĂŶĚĂůůĞůĞĐƚƌŝĐĂůĂŶĚĐŽŵŵƵŶŝĐĂƚŝŽŶƐĞƋƵŝƉŵ...

AI summary The document discusses the importance of ensuring that the asset retirement obligations (ARO) mechanism is effective in capturing the true costs of retiring assets. It highlights concerns about the current mechanism not adequately reflecting actual costs, leading to potential misalignment in cost recovery and rate-setting processes. The discussion emphasizes the need for accurate cost modeling and transparency in the regulatory process.

of AREA’s position. We remain open to discussing such at NSPI’s earliest convenience so that AREA and NSPI can resolve the issues before the IRP’s official start to ensure a more streamlined process. • The Purpose states that this exercise...

AI summary The text outlines AREA's concerns with the Integrated Resource Planning (IRP) process, emphasizing the need to align objectives with least-cost strategies, address stakeholder concerns regarding time constraints, and ensure the process benefits ratepayers rather than NSPI. It highlights issues with the current assumptions and timeline for stakeholder engagement.

$3,374,192 $3,632,448 $4,045,657 $4,446,037 $4,889,204 $5,376,688 $4,549,215 $4,549,215 $4,549,215 $4,549,215 $4,549,215 $4,549,215 CostBenefitAnalysis(doesn'tincluderateadjustment) TotalProgramCost(yearly) $75,050,448 $0 $0 $0 $3...

AI summary The text presents financial figures related to costs and benefits, including program costs and adjustments over time. These figures are part of a regulatory proceeding and involve various financial mechanisms and program evaluations.

Resource Screening - Diesel Combustion Turbines 4.2.2.1 The Screening Analysis evaluated the existing fleet of seven diesel combustion turbines (CTs) by comparing the cost of retirement (and replacement with alternatives) to the cost of su...

AI summary The Screening Analysis evaluated the cost of sustaining versus retiring seven diesel combustion turbines, concluding that sustaining them is the lowest-cost option for meeting system capacity requirements. Replacing them with gas turbines was significantly more expensive over a 25-year NPV. Sensitivity analyses at Victoria Junction also supported sustaining the existing units.

941 946 983 996 978 1,002 1,018 1,054 1,080 1,093 1,103 1,140 1,174 1,255 1,317 1,303 1,345 1,354 1,394 2014 Non-fuel revenue requirement ($M) 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800...

AI summary The text presents numerical data related to non-fuel revenue requirements and fixed cost recovery (FCR) recovery over time, including cumulative incremental sales in gigawatt-hours (GWh) and incremental FCR costs in dollars per megawatt-hour (MWh) and dollars (M). The data spans multiple years, indicating financial planning and cost recovery mechanisms.

907 934 946 914 902 936 963 972 968 1,015 1,034 1,073 1,148 1,188 1,191 1,219 1,222 1,230 2014 Non-fuel revenue requirement ($M) 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 800 Total...

AI summary The text presents financial data related to non-fuel revenue requirements and incremental FCR recovery over multiple years, with figures indicating trends and changes in revenue and cumulative incremental sales.

 On aggregate, maintaining the existing diesel CTs is worth about ~$186 MM (no end effects) and ~$240 MM (with end effects) to the system on an NPV basis Effective Load Carrying Capacity 14 System Value of Diesel CTs - 1.0.A Nova Scotia P...

AI summary The analysis indicates that maintaining existing diesel combined cycle (CT) units is more cost-effective than replacing them with alternative resources over the planning horizon, with system values estimated at ~$186 MM and ~$240 MM on an NPV basis, considering and without considering end effects respectively.

negative (avoided) cost against the original NPVRR w/EE of the 2.0C sensitivity cases originally studied. The right-most column shows the adjusted total NPVRR w/EE after considering the avoided costs. The aggregate effects of carbon pricin...

AI summary The analysis highlights risks associated with the Integrated Resource Plan (IRP) due to heavy reliance on market-based imports and untested natural gas import methods. A sensitivity analysis shows that higher natural gas and import prices could increase revenue requirements by 8.5%, making the regional integration plan less economical compared to local resource development.

3. IRP RESULTS - A central outcome of the 2020 IRP Processfor E1 is to provide clarity on the level of DSM investment - that results in the lowest revenue requirement for ratepayers. This outcome is aligned with the first - stated purpose...

AI summary The 2020 IRP emphasizes that Base DSM investment yields the lowest revenue requirement for ratepayers under current assumptions. However, Mid DSM may become more economical at higher carbon prices ($50+ per tonne). The Reference Plan (2.0C) was selected for its alignment with least-cost objectives, though risk factors could alter future DSM planning.

B. Reliance on Natural Gas Stepping back and looking at the big picture, the SBA notes that it is surprising how much the IRP includes investment in natural gas burning assets. The SBA acknowledges that any movement from coal fueled genera...

AI summary The SBA expresses concerns about NSPI's reliance on natural gas in the IRP, warning that investments in natural gas assets may become stranded if non-emitting alternatives emerge. It questions the economic assumptions behind coal-to-gas conversions, existing peaking generation refurbishments, and new natural gas capacity, urging NSPI to prioritize low-carbon options and delay investments until non-emitting technologies mature.

B. Role of NSPI in Electrification It is unclear from the IRP Report what role NSPI intends to take with respect to electrification. It is essential for there to be active tracking of how the province may be changing in terms of electrific...

AI summary The document questions NSPI's role in electrification, highlighting concerns about funding incentives and potential free-rider issues. It emphasizes the need for proactive planning, forecasting electrification impacts, and involving EOne for program delivery. NSPI's role in system reliability and data collection is noted, but reactive approaches are criticized.

SUMMARY RESULTS - Avoided Costs of Demand Side Management ("Avoided Costs") have been calculated on IRP Reference Case Scenarios 2.0C (Low Electrification / 2040 Coal Retirement / Regional Integration) and 2.1C (Mid Electrification / 2040...

AI summary Avoided Costs of Demand Side Management have been calculated using the DRR methodology on two IRP Reference Case Scenarios. Allocations between capacity and energy are guided by the Cost of Service Study methodology, using Load Factor or ELCC approaches.

A Potential Pathway To enable a transparent and inclusive process, we suggest an annual or semiannual extended workshop on climate change and clean technology policies and programs informed by expert views on trends for electricity technol...

AI summary The text proposes annual/semiannual workshops on climate change and clean tech policies, emphasizing declining costs of wind, solar, storage, and crossover fuels like RNG and hydrogen. Workshops would involve stakeholders, experts, and not-for-profits, with outcomes informing the Integrated Resource Plan (IRP) and enabling regular updates to address technological and policy changes.