Introduction Time-Varying Pricing (TVP) is a scalable customer-focused demand response (DR) program. In Nova Scotia, the TVP pilot has grown significantly since it began in November 2021. Since its inception, the TVP pilot has offered two...
AI summary Time-Varying Pricing (TVP) is a demand response program in Nova Scotia that offers customers rate choices to shift electricity usage from peak periods. The TVP pilot, launched in 2021, includes multiple tariffs and rate classes. Phase 4 introduced a new multi-unit residential building (MURB) TOU Pilot Tariff, which is being evaluated as part of the TVP Phase 4 EM&V report.
MURB TOU Tariff Evaluation Metrics Approach - Evaluation, measurement and verification (EM&V) plans are roadmaps for maximizing the learnings from pilot or program deployments - o EM&V plans aim to clearly articulate the goals of the progr...
AI summary NS Power plans to file a single EM&V report by July 31, 2025, including the existing TVP Tariffs and the new MURB TOU Pilot Tariff. The report will use metrics from prior evaluations and include new metrics like revenue impact and demand charge impact to meet Board directives and Consensus Agreement commitments.
DEMAND CHARGE Per month per kilowatt of maximum demand. Effective February 2, 2023 $10.554 Effective January 1, 2024 $10.554 32 cents per kilowatt reduction in demand charge where the transformer was owned by the customer prior to February...
AI summary The document outlines the demand charge rates effective from February 2, 2023, and January 1, 2024, both set at $10.554 per month per kilowatt of maximum demand. It also mentions a rebate of 32 cents per kilowatt reduction in demand charge for specific transformer ownership conditions.