recognition policies. 1 b) The prior period adjustment relates to future incentive payments recorded within the 2 Commitment Fund and therefore has no impact to the DSM Fund. 3 4 c) The prior period adjustment has no impact on costs record...
AI summary The text discusses adjustments to the DSM Fund and the removal of an exception related to capital assets in the 2019 financial statements. It explains that the exception was omitted because EfficiencyOne did not hold capital assets within the Capital Fund, and this change had no impact on the DSM Fund for the 2019 fiscal year.
1 Request IR-05: 2 3 Regarding EfficiencyOne Audited Financial Statements, Note 5, Revenue: 4 a) Please provide a detailed breakdown of the amounts in the table provided for the Fee- for-service revenue, Other revenue, and Recognition/(Def...
AI summary The request asks for a detailed breakdown of revenue categories, including Fee-for-service, Other revenue, and Recognition/(Deferral) of current year revenue, with a reconciliation of payments received and revenue recognized. The response begins by addressing part (a) and provides information on payments received from NS Power and revenue recognized in 2019 for the DSM Fund.