Expense recognition The Corporation recognizes incentive costs, such as customer rebates, when energy savings are recognized. Energy savings are recognized at milestones within a contract or when the contract is complete. For other busines...
AI summary The Corporation recognizes incentive costs, such as customer rebates, when energy savings are recognized at milestones or upon contract completion. Other business expenses are recorded as incurred.
On August 29, 2017 the UARB approved the Corporation's Code of Conduct ("the Code"). The Code governs transactions between the Corporation's electricity efficiency and conservation activities and its Affiliates. As of December 31, 2019, Ef...
AI summary In 2017, the UARB approved a Code of Conduct for the Corporation, which governs transactions between its electricity efficiency activities and its Affiliates. As of 2019, EfficiencyOne Services Inc. is the Corporation's only Affiliate.
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2019 (IN THOUSANDS) The value of these commitments is estimated at $17,229 (2018 - $13,027) with the DSM Fund share of $4,727 (2018 - $4,531) and the PNS Fund share of $12,5...
AI summary The document outlines financial commitments related to demand-side management (DSM) and Business New Initiatives (BNI) programs for the year ended December 31, 2019. It provides details on the estimated value of these commitments, including the breakdown between the DSM Fund and PNS Fund, and how the estimates are calculated based on program-specific criteria.