Topic:"Credit Ratings" in M09096

NON-CONFIDENTIAL e) Are there any interest or financing fees being paid by E1 to NS Power in relation to these loans, and if so, at what rate? f) Please explain who is responsible for qualifying the customers for the financing and what cre...

AI summary The response outlines an on-bill financing arrangement between NS Power and EfficiencyOne since 2010, where NS Power handles credit checks and security, while EfficiencyOne covers financing costs and bad debt. The total financed amount from 2010 to 2019 was approximately $14.6 million.

CONFIDENTIAL (Attachment Only) 1 (d) For the Business Energy Rebates Custom Commercial & Industrial program the interest 2 rate is 0 percent. The customer pays back the loaned amount over 24 equal payments 3 which are billed monthly on the...

AI summary The document discusses the Business Energy Rebates Custom Commercial & Industrial program, including a 0% interest rate and repayment terms. NS Power conducts credit checks, while EfficiencyOne manages financing costs and bad debt. The text also references a 2020-2022 DSM Resource Plan and related NSUARB matters with redacted information.