3.2.1 Functionalization of System Costs As indicated in the Revenue Requirement section above, NS Power has used the test year revenue requirements, already functionalized by the four areas, from the historic rate cases. In the "With DSM"...
AI summary The text discusses the functionalization of system costs, particularly in the context of the 'With DSM' and 'No DSM' scenarios. It explains how revenue requirements are adjusted for changes in load and inflation, with specific reference to the impact of the Maritime Link depreciation costs. The 'No DSM' case is derived from the 'With DSM' case by modifying revenue requirements based on load changes due to the absence of demand-side management.