Topic:"Financial Instruments" in M09096

23 Table 12: Alternate Scenario performance metrics Year Investment ($ million) Lifetime Benefits ($ million) a First-Year Energy Savings (GWh) Lifetime Energy Savings (GWh) Weighted-Average Measure Life (years) Peak Demand Savings (MW) To...

AI summary Table 12 presents performance metrics for alternate scenarios, showing investment, energy savings, and cost tests from 2020 to 2022. It highlights increasing investments and benefits over time, with consistent energy savings and improvements in cost tests.

Table 18: Efficient Product Rebates (BNI) Performance Indicators - Comparison of Preferred and Alternate Plans Scenario Year Investment ($ million) First-Year Energy Savings (GWh) Lifetime Energy Savings (GWh) Peak Demand Savings (MW) Tota...

AI summary Table 18 compares the performance indicators of the Efficient Product Rebates (BNI) program under preferred and alternate plans from 2020 to 2022. It includes metrics such as investment, energy savings, peak demand savings, and cost indicators. The data shows the preferred plan outperforms the alternate plan in several areas, including energy savings and participation.

14 15 16 Tables 2, 3, and 4 provide the program-level savings and investment for 2020, 2021, and 2022 respectively. & lt;sup>a Lifetime benefits are expressed as the net present value of the avoided costs, including energy, capacity, trans...

AI summary Tables 2, 3, and 4 present program-level savings and investment data for 2020, 2021, and 2022. The text explains that lifetime benefits are calculated as the net present value of avoided costs, including energy, capacity, transmission, and distribution, using the utility WACC. TRC and PAC are defined as benefit/cost ratios comparing lifetime benefits to the combined costs of EfficiencyOne and participants, and to EfficiencyOne's costs, respectively.

5.4 Total 102.1 535.6 354.9 5192.4 103.0 2.1 5.2 Incremental Incremental Lifetime Energy Annual Net Program Investment Lifetime Benefits Annual Net Total Resource 2020 Savings at Demand Savings Administrator ($ million) ($ million)a Energy...

AI summary The text presents financial and energy data, including total investment, lifetime benefits, energy savings, and cost tests related to a program. The data includes figures for 2020 and other years, with metrics such as investment in millions, energy savings in GWh, and cost tests.

A N/A Total 34.2 179.7 118.9 1745.9 34.6 2.1 5.3 Incremental Incremental Lifetime Energy Annual Net Program Investment Lifetime Benefits Annual Net Total Resource 2022 a Savings at Demand Savings b Administrator ($ million) ($ million) Ene...

AI summary The text presents a table with financial and energy-related metrics, including investment, benefits, energy savings, and cost tests. It includes columns such as 'Investment ($ million)', 'Lifetime Benefits ($ million)', 'Annual Net Energy Savings at Generator (GWh)', and 'Total Resource Cost Test (TRC)' and 'Program Administrator Cost Test (PAC)' metrics.

ure? 2. What is the market penetration? The incentive thresholds discussed in Figure 9 can be used to provide three points of reference for the incentive setting process. Figure 9: Incentive Thresholds used in Financial Impact Analysis 43...

AI summary The text refers to incentive thresholds used in financial impact analysis, specifically Figure 9, which provides reference points for the incentive setting process. The figure is part of a larger document discussing energy efficiency and financial considerations.

potential implementation, with the program accordingly. It is understood that some programs may only be able to track data administration costs included. Ex-post cost monthly. Understand Financial effectiveness is not conducted. Impacts Ef...

AI summary The text discusses EfficiencyOne's approach to tracking program financial impacts and implementing a new data management system for measure implementations. It mentions that financial effectiveness is not currently evaluated ex-post and that changes in incentives are forecasted to assess impacts on program budgets and unit costs.

incentive oversight process. Recommendation 2-2: For the Consolidated Calculator, further clarify instructions about where to find the required inputs. Recommendation 2-3: For future financial simulations, consider the lessons learned in t...

AI summary The text discusses recommendations for improving the Consolidated Calculator and the Incentive Setting Workbook, including clarifying instructions and considering improvements to future financial simulations.

18 Date Filed: March 29, 2019 NS Power IR-44 Attachment 1 Page 23 of 46 generate, for every million dollars in DSM program spending, a net increase in provincial GDP of between $2.7 and $4.1M, and from 22 to 33 job-years of net employment....

AI summary The text discusses the economic benefits of DSM programs, noting that they generate GDP and employment. It also addresses the use of discount rates in TRC calculations, questioning whether utility WACC is appropriate or if a societal discount rate should be used instead, as seen in regions like New York and New England.

15 https://www.climatechangenews.com/2014/03/20/led-costs-to-halve-as-efficiency-doubles-by-2020-us-dept-ofenergy/. 1 2019 budget amounts. This amount should be sufficient to maintain energy and demand 2 savings, while increasing focus on...

AI summary E1 is requesting a significant increase in electricity customer-funded DSM at a time when it has access to non-electricity funds, including a $56 million federal grant and a $14.2 million provincial grant. E1 suggests that using these funds could reduce the financial burden on electricity customers and expand its impact on Nova Scotians.

NON-CONFIDENTIAL [NSPI's Evidence] Request IR-25: Reference: NSPI Evidence, pages 18-19. NSPI states that E1 will receive Federal and Provincial government funding of $28 million in 2020 (Figure 5) and $380 million over the period through...

AI summary NSPI claims E1 will receive $28 million in 2020 and $380 million through 2030 from federal and provincial funding. E1 disagrees, stating it could only receive $24 million for non-DSM programs in 2020 and has no contracts beyond March 31, 2023. E1 also notes that the only provincial-funded measure reducing electricity is the solar program in SolarHomes.

Request IR-10: Reference: EfficiencyOne's Small Business Energy Solutions, BNI Custom, or Business Energy Rebates programs. In EfficiencyOne's audited financial statements for the year ended December 31, 2018 (M09163), there is a note to t...

AI summary EfficiencyOne's financial statements disclose a financing arrangement with NS Power for customers in their Small Business Energy Solutions, BNI Custom, or Business Energy Rebates programs. The request seeks detailed information about the arrangement, including contract details, duration, total financing, and defaults.

NON-CONFIDENTIAL e) Are there any interest or financing fees being paid by E1 to NS Power in relation to these loans, and if so, at what rate? f) Please explain who is responsible for qualifying the customers for the financing and what cre...

AI summary The response outlines an on-bill financing arrangement between NS Power and EfficiencyOne since 2010, where NS Power handles credit checks and security, while EfficiencyOne covers financing costs and bad debt. The total financed amount from 2010 to 2019 was approximately $14.6 million.

Appendix E. EERAM Economic Tests Measure, program, end‐use, building type, and overall portfolio level costs and benefits are calculated in EERAM. Some of these costs and benefits are calculated as net and others as gross. Net values take...

AI summary This section of Appendix E discusses the Economic Evaluation of Resource and Measures (EERAM) framework, which calculates costs and benefits of energy efficiency programs at various levels. It outlines four financial tests (TRC, PAC, RIM, PCT) used to evaluate program impacts, including how benefits and costs are defined and calculated, with a focus on net-to-gross adjustments and discount rates.

21 Generation Type Firm capacity (MW) 4 • Additional information 5 • Lease processed by [Name] 6 • Equifax score 7 • ERS score 8 • BNI score 9 • Bankruptcy 10 • CIS credit rating 11 • Homeowner/property owner 12 • Approved up to 13 • Custo...

AI summary The document includes requests and responses related to the 2020-2022 DSM Plan, referencing financial statements and models for rate changes and short-term rate impacts. It also mentions the lack of tracking for heat pump models and the unavailability of 2018 data.

CONFIDENTIAL (Attachment Only) 1 (d) For the Business Energy Rebates Custom Commercial & Industrial program the interest 2 rate is 0 percent. The customer pays back the loaned amount over 24 equal payments 3 which are billed monthly on the...

AI summary The document discusses the Business Energy Rebates Custom Commercial & Industrial program, including a 0% interest rate and repayment terms. NS Power conducts credit checks, while EfficiencyOne manages financing costs and bad debt. The text also references a 2020-2022 DSM Resource Plan and related NSUARB matters with redacted information.

1 (b) Please produce all studies, calculations, or other documents and 2 evidence relied upon by E1 rely upon to quantify that risk? 3 (c) Is this submission regarding risk any different from the submission 4 regarding risk to industry cap...

AI summary The text includes several requests for information regarding risk quantification, weighting of aspects in DSM plans, and financial data related to E1's Preferred Plan and Alternate Scenario. It also distinguishes between demand reduction and demand response activities in the context of DSM.

Efficiency One FILE: E-ENS-R-19 FILE: E-ENS-R-19 DATE: UND# DESCRIPTION REQUESTED OF BY DATE DUE June 10 2019 U-1 To provide an explanation of all adjustments, and the adjustments and TRC, by program and customer class, made to accommodate...

AI summary This document outlines four requests related to financial and programmatic details, including explanations of adjustments, tables of program allocations, budget status for a demand reduction pilot, and interest and administrative costs for a financing reference. The requests are directed to various individuals.

Table 5: 2022 Preferred DSM Resource Plan Investment and Savings 2022 Investment ($ million) Lifetime Benefits ($ million) a First-Year Energy Savings (GWh) Lifetime Energy Savings (GWh) Peak Demand Savings (MW) Total Resource Cost Test (T...

AI summary Table 5 outlines the 2022 Preferred DSM Resource Plan Investment and Savings, detailing investments, benefits, and savings across residential, business, and enabling strategies programs. The table highlights energy savings, peak demand reductions, and cost tests such as TRC and PAC.

Table 18: Efficient Product Rebates (BNI) Performance Indicators - Comparison of Preferred and Alternate Plans Scenario Year Investment ($ million) First-Year Energy Savings (GWh) Lifetime Energy Savings (GWh) Peak Demand Savings (MW) Tota...

AI summary Table 18 compares the performance indicators of the Efficient Product Rebates (BNI) program under preferred and alternate plans from 2020 to 2022. It provides data on investment, energy savings, peak demand savings, and cost metrics, highlighting differences between the two scenarios.

IT IS HEREBY ORDERED that: 1. The Board approves a DSM Plan for 2020-2022 in the aggregate amount of $110 million with a target of total cumulative energy savings of 367.8 GWh and demand savings of 98.3 MW. Approved spending is $34.4 milli...

AI summary The Board approves a DSM Plan for 2020-2022 with a total budget of $110 million and sets specific spending targets for each year. The Supply Agreement between E1 and NS Power is approved, and E1 is directed to file terms of reference for an investigation into cost overestimation. The HST refund is to be returned to customers through the FAM, and records related to the HomeWarming Program must be segregated from ratepayer funds.

Table 7: 2020-2022 Residential Efficient Product Rebates Performance Indicators Venr Investment (S million) First-Year Energy Savings (GWh) Lifetime Energy Savings (GWh) Peak Demand Savings (MW) Total Resource Cost Test (TRC) 2 Program Adm...

AI summary Table 7 presents performance indicators for the Residential Efficient Product Rebates program from 2020 to 2022, including investments, energy savings, peak demand savings, and cost metrics. The data highlights trends in participation, energy efficiency, and cost-effectiveness over the three-year period.

11. In accordance with Section 4.3 of the Agreement, the monthly payments to be made by NSPI to EfficiencyOne over the Term shall be as set out below. The monthly payment amounts referred to following are exclusive of required HST. HST sha...

AI summary The document outlines the monthly payments to be made by Nova Scotia Power Inc. to EfficiencyOne under the Agreement, specifying that these payments are exclusive of HST, which will be remitted separately.