Topic:"Energy Efficiency Budgets" in M03096

Matter: P-199 - Nova Scotia Power Inc./Efficiency Nova Scotia Corporation - Request for Funding from NSPIRequest Board approval for initial funding of ENS by NSPI in the amount of $2,040,000. Funding will cover the cost of establishing ENS as a functioning entity and of operating it as such during its first twelve months. In addition, Funding would include an additional amount to fund the work of ENS in developing the 2012 DSM plan, including the engagement of appropriate consultants and participation in the Program Development Working Group (PDWG) process.

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04432Board Decision Letter 1 passage

Accordingly, the total funding sought by ENS is three components as follows: p. p. 0

Accordingly, the total funding sought by ENS is three components as follows: 1. 2012 DSM development plan $ 600,000; 2. Transition planning / execution $ 450,000; 3. Start-up funding ($1,380,000 minus $391,600) $ 988,400. TOTAL $2,038,400...

AI summary The total funding sought by Efficiency Nova Scotia Corporation (ENS) consists of three components: a 2012 DSM development plan, transition planning/execution, and start-up funding. Section 43 of the Efficiency Nova Scotia Corporation Act outlines that NSPI must pay an assessment for start-up costs to ENS, which can be recovered through rates as determined by the UARB.

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04358Letter advising NSPI will pay costs. 1 passage

ENS' request for initial funding is comprised of three components as follows: p. p. 0

ENS' request for initial funding is comprised of three components as follows: Component Description Estimate 1 2012 DSM Plan Development $600,000 2 Transition planning/execution $450,000 3 Start up funding $990,000 Total $2,040,000 Section...

AI summary ENS is requesting initial funding of $2,040,000, composed of three components: DSM Plan Development, Transition planning/execution, and Start up funding. Section 43 of the Efficiency Nova Scotia Corporation Act mandates NSPI to pay an assessment for start-up costs to ENS, which may be recovered through rates as determined by the UARB.

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