Administrative penalties - 52E (1) In this Section, "Fuel Adjustment Mechanism" means the fuel adjustment mechanism approved by the Board for use by Nova Scotia Power Incorporated in orders dated December 10, 2007, (Board Case Number M0049...
AI summary The section defines the Fuel Adjustment Mechanism (FAM) and outlines rules for administrative penalties against Nova Scotia Power Incorporated (NSPI). Penalties aim to promote compliance, not punitive measures, with an annual cap of $1 million. Penalties must be credited to customers via FAM or other methods, and they are excluded from NSPI's rate of return calculations under the 2015 Act.