Topic:"Cost Recovery" in M12642

Background This Application arises from the Board's Decision in M010832, dated April 28, 2023, TOMBEU's GRA for Test Year 2023. The rate increase initially proposed by the Utility was a system average of 34.8%, with increases to all custom...

AI summary The document outlines the phased implementation of a rate increase for TOMBEU following the Board's decision in M010832. The rate increase was initially capped at 20% for certain classes in 2023, with the full increase to be applied in 2024. TOMBEU is now requesting approval to recover deferred revenue, including interest, from the affected classes.

Methodology TOMBEU proposes to recover the deferred amounts by a charge per kWh determined separately for each of the affected classes, effective with all consumption starting between January 1, 2026 and December 31, 2027. This is the same...

AI summary TOMBEU proposes to recover deferred revenues through a charge per kWh over a two-year period from 2026 to 2027, reducing the rate impact on customers compared to a one-year recovery period. Calculations involve applying approved rates to consumption data and incorporating financial costs. A model is provided for detailed computations.

RATES The rates set out below are the rates for electric supply and service when payment is made within 30 days from the date rendered as shown on the bill. Bills which are not paid within 30 days will be subject to an interest rate of 1.5...

AI summary The document outlines the current electric supply and service rates, including late payment interest charges. It also describes a formula used by the Board to adjust municipal rates for the Town of Mahone Bay based on NSPI's power purchase costs and approved increases.

2023 General Rate Application Deferred 5.526 cents per kilowatt hour for service from January 1, 2026 Revenue Rider: to December 31, 2027. Converted to a flat monthly amount, this equates to $0.92/month for LED 50 watt, $0.98/month for LED...

AI summary The 2023 General Rate application includes a deferred rate increase of 5.526 cents per kilowatt hour, effective January 1, 2026, with a revenue rider extending to December 31, 2027. The deferred rate is converted to flat monthly charges for specific LED wattages.

p 2 by the Total Required Energy to be served by purchased power (e.g. excluding any self-generation) in the Test Year to determine the estimated change in all purchased power costs for the Test Year. Where the kWh (energy) portion of stre...

AI summary The text outlines procedures for adjusting purchased power costs, including demand-side management charges and fuel adjustment mechanism (FAM) adjustments. It discusses conditions under which the Board may make adjustments without a public hearing and considerations for customer assistance if rate increases exceed 10 percent.

December 19, 2025 [[email protected]](mailto:[email protected]) Dylan Heide Town Hall 493 Main Street, Mahone Bay B0J 2E0 Dear Mr. Heide: M12642 - Town of Mahone Bay (TOMBEU) - Approval of Amendments to its Schedu...

AI summary The Board is requesting clarification on the calculation of Energy Rate Riders and why deferral balances are not fully collected by December 2027 in the Town of Mahone Bay's rate amendment application. The request is part of proceeding M12642.

p 2 by the Total Required Energy to be served by purchased power (e.g. excluding any self-generation) in the Test Year to determine the estimated change in all purchased power costs for the Test Year. Where the kWh (energy) portion of stre...

AI summary The document outlines procedures for adjusting purchased power costs, including demand-side management charges, and discusses the Fuel Adjustment Mechanism (FAM) adjustments by Nova Scotia Power Inc. (NSPI). It provides guidelines for handling changes in power sources and rate adjustments, including considerations for customer assistance in cases of significant rate increases.