Topic:"Dcrr" in M12663

NON-CONFIDENTIAL 1 Request IR - 30 2 Reference: N-1(i), Exhibit C-1, pdf p.38-39 (simplified DVM calculation). 3 (a) Please provide a proposed quarterly DVM sub-ledger template (by sub-account). 4 (b) Please provide sensitivities for inter...

AI summary IESO Nova Scotia responds to Information Requests from the Industrial Group (IG) regarding the Deferral and Variance Mechanism (DVM), including proposed templates, interest expense sensitivities, and retroactive Monthly Assessment treatment. The NSEB has approved temporary financial relief with fees starting at $950K from April 1, 2026.

NON-CONFIDENTIAL 21 Assessment results in an over- or under-recovery related to the Board approved revenue 22 requirement, then the DVM would simply record the variance for later true-up in the next 23 revenue requirement application. Date...

AI summary The text discusses the DVM (Deferral and Variance Mechanism) and its role in recording variances in revenue requirement applications for later true-up. This mechanism ensures that any over- or under-recovery related to the Board-approved revenue requirement is deferred and adjusted in subsequent applications.

Special Information: dc-only interface Interface Direction 2024 Summer 2024/25 Winter Québec -> New York 1,000 MW 1,000 MW New York -> Québec 1,000 MW 1,000 MW Québec <-> New England

AI summary The document outlines the DC-only interface capacities between Québec and New England for the 2024 Summer and 2024/25 Winter periods, showing 1,000 MW in both directions for each season.

IESO NOVA SCOTIA PANEL 227 Cr-ex, (MacAdam) 1 employee salary costs, you have things like travel, 10 THE CHAIR: It will be Undertaking U 11 4. 12 UNDERTAKING U-4 - To advise which 13 expenses are included in the 14 "Other Expense" category...

AI summary The discussion centers on the 'Other Expense' category in the 2025/2026 budget, specifically employee salary costs and travel expenses. The witness explains that while the budget was created in October, current estimates would be more accurate than those at the time of creation. The witness also notes that this information will be addressed in the Deferral and Variance Account.

IESO NOVA SCOTIA PANEL 467 Cr-ex, (Kayter) 1 I don't think it raises a particular 2 that in that matter, the March 2026 revenue requirement, 3 for the period ending there, that Doane Grant Thornton 4 provided evidence, a report that was pu...

AI summary The text references a Board decision in Matter 12412, which discusses the IESO's Net OM&A Deferral and Variance Account, noting that it lacked cost management controls and proper accounting policies, as highlighted in a report by Doane Grant Thornton.

BROWN In-ch, (Mahody) 1 Q. So for costs, particularly of any 1 were describing was really the way that those capital 2 costs come into revenue requirement over time, such as 3 through depreciation or interest expense. So that 4 clarificati...

AI summary The discussion focuses on the deferral of capital costs and their inclusion in revenue requirements over time, particularly through depreciation or interest expense. The speaker emphasizes that while clarification on deferral mechanisms is important, it does not materially change prior statements or responses.