Topic:"Depreciation Amortization" in M06733

ccount. NSPI candidly admitted it was unaware that $8.4 million in surplus existed in the hands of El which can be applied to next year's DSM Plan but, in any event, is for the benefit of ratepayers. [84] NSPI appeared to take the position...

AI summary NSPI admitted it was unaware of a surplus of $8.4 million in the hands of EL, which could be applied to next year's DSM Plan for ratepayer benefit. The Board clarified that all of NSPI's costs, not just DSM costs, determine if a rate increase is needed. Factors like COMFIT program costs, FAM under-recovery, and DSM amortization contribute to cost pressures, but offsets include fixed cost recovery mechanism amortization and surplus funds.

- As the franchise holder, EfficiencyOne is considered to be a public utility in relation to these activities. - The supply of electricity efficiency and conservation activities will be administered by the Efficiency Nova Scotia franchise...

AI summary EfficiencyOne, as the franchise holder, administers electricity efficiency and conservation services with NSPI under a UARB-approved contract. The 2015 transition year had a $35M spending cap plus ENSC over-recovery. Amortization for 2015 costs was 8 years, but 2016+ periods remain undetermined. UARB sets performance requirements, and EfficiencyOne bears financial risks for DSM programs.