Topic:"Cost To Customer" in M03413

- 28 rate base thereby preserving the renewable energy from the Project for customers. 1 2 NSPI's completion of the Digby project will mean that all but one of the projects selected in the 3 2007 renewables energy solicitation are targeted...

AI summary NSPI's completion of the Digby project will allow most of the projects from the 2007 renewables energy solicitation to be in-service by 2010. The project, which includes renewable energy generation, will provide cost savings for customers and qualify for inclusion in the 2013 RES portfolio. NSPI requests a decision on the application by December 20, 2010.

uture competitive solicitation for 36 renewable energy would have included this site at a higher cost to customers. 37 38 The Board, in its response dated April 23, 2010, provided the following: 39

AI summary The Board's approach to a future competitive solicitation for 36 renewable energy projects may result in higher customer costs compared to alternative procurement strategies, as noted in their April 23, 2010 response.

1 Economic Analysis 2 - 3 NSPI has completed an economic analysis to determine the cost effect of this ownership - 4 structure on NSPI customers. The analysis compares the cost of this project under a PPA with - 5 the current proposal of N...

AI summary NSPI conducted an economic analysis comparing the cost of a project under a PPA versus its proposed ownership structure, concluding that the latter would result in lower costs for customers. The analysis used discounted cash flow and levelized cost models, showing a $4.9M NPV at P50 production and a lower levelized cost than the 2008 PPA. The ecoENERGY incentive's deadline for eligibility is noted as a potential barrier for future projects.

Managing Costs for Ratepayers The current electricity path leaves Nova Scotia dependent on rising international coal and oil prices. This plan seeks to make life more affordable by stabilizing electricity rates over the medium and long-ter...

AI summary The current electricity plan in Nova Scotia relies on volatile international coal and oil prices, making energy costs unpredictable. The proposed plan aims to stabilize electricity rates over the medium and long term, ensuring affordable and predictable energy bills for families and businesses.

REDACTED 1 Response IR-17: (cont'd) 2 3 (b) The Electric Revenue requirement is calculated based on a Return on Equity of 9.35 4 percent, and a capital structure of 37.5 percent equity. The Electric Revenue requirement 5 for 2010 is negati...

AI summary The response outlines the calculation of the Electric Revenue requirement based on a Return on Equity of 9.35% and a capital structure of 37.5% equity. It also explains that the 2010 Electric Revenue requirement is negative due to the construction period and credits in expenses. The levelized cost per MWH is calculated using net present value methodologies.

- .2 CSA Standards - .1 C156.1, Ceramic and Glass Station Post Insulators - .2 G164, Hot Dipped Galvanized or Irregularly Shaped Articles - .3 W59, Welded Steel Construction (metal-ark welding) - .3 NEMA Standards - .1 Std. SG-6, Power Swi...

AI summary This document outlines the standards and submittal requirements for electrical components, including CSA, NEMA, ANSI/IEEE, and ISO standards, as well as specifications for operation and maintenance data and manufacturer drawings for disconnect switches.

- .8 Formwork: - .1 Forms: to CSA-A23.1, plywood and lumber, clean and free of loose knots, splits or metal. - .2 Form Ties: to CSA-A23.1, removable or snap-off metal ties, fixed or adjustable length. Form ties, tie wire, spacers or other...

AI summary The text outlines specifications for formwork and concrete mix, referencing various Canadian standards and testing methods. It details requirements for materials such as form ties, release agents, and curing compounds, as well as specifications for concrete mix proportions and air content.

tances and complications of the last couple of years that we've worked it. THE CHAIR: And I guess that's your response to my third question, which was, "Is this the best deal NSPI could have gotten?" MR. BENNETT: I believe it's a very good...

AI summary The discussion addresses concerns about affiliate transactions and transparency in NSPI's dealings, with Mr. Bennett affirming the company's commitment to transparency and the best interests of customers. The Chair emphasizes the need to ensure that expenditures are in the best interests of ratepayers.

his is lower than the 2008 PPA between NSPI and Skypower. [Exhibit N-1, p. 25] [125] NSPI summarized the advantages which, in its view, would result in benefits to ratepayers if the DWP is approved: NSPI's investment in the Project will co...

AI summary NSPI argues that approving the DWP project will add 30 MW of wind generation, contribute to RES compliance, and provide cost savings to customers. The project's costs are lower than the original PPA, and revised NPV and levelized energy costs further support its economic benefits.

19 Levelized PPA Price Complete de la Adjusted MWh NAVA/In Dun Sila Capital NPV ($ Millions) Cost (Ś/MWh) Comparison ($/MWh) 1 Sensitivity (Annual Production) MWh Profile ($ Millions) ($ Millions) ($/1010011) ($/1010011) 5 120,000 10 year...

AI summary The text presents a table comparing the levelized cost and PPA price for a project with an adjusted annual production of 120,000 MWh. The levelized cost is calculated at $76.55/MWh, while the PPA price is $80.8/MWh. A sensitivity analysis is mentioned, along with a comparison resulting in a PPA price of $XXX/MWh.

REDACTED 1 Undertaking U-13: 2 3 IN CAMERA - Provide what the pricing of the PPA energy would be at the projected 4 incremental rate. 5 6 Response U-13: 7 8 As requested by the UARB, NSPI adjusted the models as filed by updating the PPA pr...

AI summary NSPI adjusted the PPA price for incremental energy rate as requested by the UARB, resulting in a revised NPV of $3.7 million and a levelized cost of $86.71/MWh. Further updates to construction and O&M costs resulted in an NPV of $6.6 million and a levelized cost of $83.22/MWh, with the comparison PPA price remaining unchanged at $XXX/MWh.

1 non-compliance and, quite frankly, it's just our practice and policy and 2 desire to comply with the laws and regulations. So we work hard to do 3 that. 4 5 The Digby project is only one example of the hard work that we've done 6 to ensu...

AI summary The speaker discusses the company's efforts to comply with regulations, highlighting the Digby project and Power Purchase Agreements with RESL and NewPage. They argue the project was necessary for economic and environmental benefits, including eco-energy credits, and assert that the project's cost is reasonable and among the lowest in the province.

1 Transcript, page 183, line 4 – page 190, line 22. 1 2 see these things done and I wanted to see them done well for our customers and that's why I'm here. 16 ownership. The levelized cost approach provides the effects of this project on a...

AI summary The transcript discusses the economic analysis of a project compared to the original PPA, highlighting lower costs for NSPI customers if the utility owns the project. Recalculations were requested during the hearing, including adjustments for O&M costs and production levels.

pplication. As a result, the project economics are more 9 favourable than originally suggested. The NPV is improved by $1.5 million and the levelized costs are lower by $1.79/MWh. 3 10 11 12 NSPI's financial analysis provided with its Appl...

AI summary NSPI's financial analysis for its application shows improved project economics due to updated assumptions, including higher production levels and lower costs. The NPV is improved by $1.5 million, and levelized costs are reduced by $1.79/MWh. These updates reflect more favorable outcomes than originally suggested.

lts of NSPI's revised analyses are reflected in Undertaking U-13. 20 The economic analysis remains positive and confirms that the Project remains more 21 favourable to customers than the 2008 PPA. 22 23 An important element of the favourab...

AI summary The economic analysis of NSPI's Project shows it is more favorable to customers than the 2008 PPA. A key benefit is the preservation of the ecoEnergy incentive, which provides a significant savings of $10/MWh for 10 years by offsetting costs for customers.