Topic:"Energy Efficiency Budgets" in M11094

Efficiency Nova Scotia Revenue Effective January 1, 2020, the Corporation entered into a three-year supply agreement with NS Power to provide demand-side management. The agreement provided funding of $110,000 over three years in monthly in...

AI summary Efficiency Nova Scotia entered into two supply agreements with NS Power for demand-side management and energy efficiency activities. The first agreement, effective January 1, 2020, provided funding of $110,000 over three years, while the second agreement, effective January 1, 2023, provides $173,000 over three years for DSM activities.

3. REVENUE AND CONTRACTUAL RIGHTS (continued) The Corporation entered into a services agreement with the Town of Bridgewater to administer housing energy management services. Effective June 27, 2022, the agreement provides funding of $442...

AI summary The Corporation has entered into several funding agreements, including with the Town of Bridgewater and HCi3 with FCM and the McConnell Foundation, to support energy management and climate mitigation projects. Revenue recognition and deferral practices are discussed, with specific amounts and timelines noted.

Program Basis of Estimate New Home Construction Number of eligible homes anticipated to complete the program at the historical average rebate rate plus final audit costs to be paid to Delivery Agents. Home Energy Assessment Number of eligi...

AI summary The document outlines the basis of estimates for various energy efficiency programs, including rebate rates and audit costs. It also mentions multi-year fee-for-service agreements with NS Power and the Province of Nova Scotia to support future commitments.

s the current value of the Weighted Average Cost of Capital and administrative costs associated with the application and collection of funding) and any bad debt arising from the financing arrangement. (c) The increase in salaries and benef...

AI summary The text discusses the increase in incentives from $24 million in 2021 to $31 million in 2022, attributing it to the Provincial Fund, which provides efficiency and conservation services under contractual arrangements. These services are distinct from regulated demand-side management activities and are subject to oversight by the NSUARB.

nregulated funds at 19% since most of the costs are shared costs and allocated using the FTE allocator. There are also operating costs that are considered regulatory costs and only apply to DSM as the energy efficiency regulated utility. T...

AI summary The text discusses the allocation of costs for regulated and unregulated programs, particularly focusing on how non-direct costs are distributed using the Cost Allocation Methodology (CAM) and FTE allocator. It also mentions that E1 does not plan to deliver non-DSM programs under a separate subsidiary, aligning with the Province of Nova Scotia's model for energy efficiency programs.

EXAMPLE # 3 – IDENTIFIED AND INDIRECT An invoice is received by the Accounts Payable Clerk from Vendor "C" in which the subject line reads: "ENS‐0039 BER Brochures". The subject line specifically identifies an ENSC program – Business Energ...

AI summary An invoice for ENSC's Business Energy Rebates program brochures is received, but the Accounts Payable Clerk cannot directly allocate costs between New Construction and Retrofit subcategories. A 20% to New Construction and 80% to Retrofit allocation rate was determined by the Program Manager for internal reporting and cost allocation through the CAM.

James R. Gogan Direct +1 (902) 563 5920 [email protected] 292 Charlotte Street Suite 300 Sydney NS Canada B1P 1C7 Tel +1 (902) 563 1000 Fax +1 (902) 563 1113 Our File: 226626 October 4, 2023 Nova Scotia Utility & Review Board 3...

AI summary This letter from James R. Gogan of McInnes Cooper provides responses to the Board's second set of Information Requests on behalf of EfficiencyOne in matter M11094 regarding the 2022 audited financial statements. The letter also notes that paper copies will not be provided unless specifically requested by the Board.