Topic:"Debt Service Coverage Ratio" in M06733

1 Request IR-1: 2 - 3 In the interest of ratepayer affordability, please explain any reasons why the DSM - 4 programs should not be financed solely from debt as opposed to debt plus equity, in order - 5 to minimize the total ratepayer cost...

AI summary NS Power explains that financing DSM programs solely from debt could lead to inequities in financing costs across different customer segments, as their capital structure is maintained within a targeted range of debt and equity to meet overall financing requirements.

- The Board is to determine the activities to be undertaken, and NSPI is to undertake the activities by virtue of an agreement for a three year term with the franchise holder, approved by the Board ( PUA ss. 79(H), 79(I), and 79(J)). Custo...

AI summary The document outlines the Board's role in approving and regulating demand-side management (DSM) activities by NSPI, including spending limits and recovery deferral terms. The agreement between NSPI and E1 for DSM activities is governed by the Public Utilities Act and the Electricity Efficiency and Conservation Restructuring (2014) Act.

On the First Business Day of: 2016 20173 20184 Total January $0 $2,900,436 $2,977,167 February $0 $2,641,338 $2,711,215 March $0 $2,833,345 $2,908,301 April $2,596,090 $3,010,077 $3,089,709 May $2,483,522 $2,544,095 $2,611,400 June $2,307,...

AI summary The table shows payments made by NSPI in 2016, 2017, and 2018, with adjustments for under-spending and interest earned. The 2017 payments are reduced based on 2015 under-spending and 2014 interest, while the 2018 payments are reduced based on 2016 interest.