Topic:"Fuel Cost Adjustment" in M03683

November 5, 2010 Nancy McNeil Regulatory Affairs Officer/Clerk Nova Scotia Utility and Review Board 1601 Lower Water Street, 3 rd Floor P.O. Box 1692, Unit "M" Halifax, NS B3J 3S3 Re: 2011 Annually Adjusted Rates (AARs) Load Following (LF)...

AI summary Nova Scotia Power Inc. (NSPI) submits proposed 2011 annually adjusted rates (AARs) for Load Following, 1P-RTP, BUTU, and Spill tariffs. Fuel costs exclude export/gas trading effects, with non-fuel data disclosed and fuel data confidential. No customers currently use these tariffs. NSPI requests approval for 2011 implementation.

One Part RTP Tariffs While there are currently no customers taking service under IP-RTP tariffs and NSPI does not forecast any uptake under these tariffs for 2011, the tariffs remain available for use by eligible customer classes. There ar...

AI summary The document discusses the One Part Real Time Price (1P-RTP) tariffs, which are currently unused but available for eligible customers. These tariffs include energy charges based on hourly marginal costs and fixed cost adders to recover non-fuel related costs and adjust for fuel cost imbalances. The volatility in the differential between hourly marginal and avoided fuel costs leads to fluctuations in the adders.

AND UPON IT APPEARING that: - 1. The current anticipated incremental cost of generation for the period January 1, 2011 to December 31, 2011, including transmission losses, will be 5.734 cents/kW.h and in addition an adder covering operatin...

AI summary The document outlines the anticipated incremental generation cost for 2011, including transmission losses and an adder for operating costs, totaling 6.234 cents/kW.h until December 31, 2011.

REAL TIME PRICING BACK-UP INFORMATION R P- 1 D A P T L A C R E D F N O TI A L U C R O 1 01 2 Approved Year 2010 Rates Proposed Year 2011 Rates All classes exlcude the GRLF customers. The EHV class also excludes Mersey and ELI 2P-RTP custom...

AI summary The document provides a comparison between approved 2010 rates and proposed 2011 rates for various cost components related to real-time pricing, including transmission, generation, and customer costs. The table highlights changes in cost functional areas adjusted for fuel cost imbalance in cents per kWh.

December 8, 2010 Nancy McNeil Regulatory Affairs Officer/Clerk Nova Scotia Utility and Review Board 1601 Lower Water Street, 3 rd Floor P.O. Box 1692, Unit "M" Halifax, NS B3J 3S3 Re: 2011 Annually Adjusted Rates (AARs) – P-141 / Matter No...

AI summary Nova Scotia Power Inc. (NSPI) submits proposed 2011 Annually Adjusted Rates (AARs) for approval, including the Load Following portion of the GRLF Tariff, One Part Real Time Price (1P-RTP) Fixed Cost Adders, and Wholesale Market Back-up/Top-up (BUTU) and Non-dispatchable Supplier Spill (Spill) Tariffs. The fuel costs used are based on the Board's 2011 Base Cost of Fuel Decision. Some backup information is designated as confidential.

One Part RTP Tariffs While there are currently no customers taking service under IP-RTP tariffs and NSPI does not forecast any uptake under these tariffs for 2011, the tariffs remain available for use by eligible customer classes. There ar...

AI summary The document discusses the structure and purpose of One Part RTP tariffs, noting that while no customers currently use them, they remain available. The tariffs include energy charges based on hourly marginal costs and fixed cost adders that adjust annually to recover non-fuel related costs and address fuel cost imbalances.

AND UPON IT APPEARING that: - 1. The current anticipated incremental cost of generation for the period January 1, 2011 to December 31, 2011, including transmission losses, will be 5.726 cents/kW.h and in addition an adder covering operatin...

AI summary The document outlines the anticipated incremental generation cost for 2011 at 5.726 cents/kW.h, plus an additional 0.500 cents/kW.h for operating costs, totaling 6.226 cents/kW.h. This rate is set to remain effective until December 31, 2011.

REAL TIME PRICING BACK-UP INFORMATION P ADDER COMPONENTS BY THE COST FUNCTIONAL AREAS ADJUSTED FOR FUEL COST IMBALANCE IN CENTS PER ON-PEAK OFF-PEAK TOTAL % % % 2.8% 2.8% 0.0% 3.6% 4.7% 0.0% 0.0% 1.3% 5.3% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0...

AI summary The text provides backup information on real-time pricing, including cost components adjusted for fuel cost imbalance, with percentages and monetary values for on-peak and off-peak rates in 2010 and 2011. It excludes certain customer classes and includes various rate adjustments and components.

AND UPON IT APPEARING that: 1. The monthly customer charge for the Wholesale Market Backup/Top-up Service Tariff will be as follows: The monthly customer charge of be $3,656.25 has been calculated in accordance with prior approvals and is...

AI summary The document sets a monthly customer charge of $3,656.25 for the Wholesale Market Backup/Top-up Service Tariff, calculated based on prior approvals and 2011 projected expenses. The charge applies from January 1, 2011, to December 31, 2011.

ORDER WHEREAS by Order dated December 15, 2009, the Nova Scotia Utility and Review Board (the "Board") approved the Optional Generation Load Following Rate of the Generation Replacement and Load Following Rate ("GRLF") at a price of 6.584...

AI summary The document outlines an order from the Nova Scotia Utility and Review Board regarding the approval of changes to the Optional Generation Load Following Rate (GRLF) by Nova Scotia Power Inc. The current rate is set to expire, and NSPI has filed a revised application for 2011 Annually Adjusted Rates (AARs), ensuring customers have been informed of the changes and given two weeks to respond.

GENERATIONREPLACEMENTAND LOAD FOLLOWING TARIFF

AI summary The document introduces the Generation Replacement and Load Following Tariff, which includes provisions for Annually Adjusted Rates (AARs) and the Base Cost of Fuel (BCF). It outlines the structure and components of the tariff, which are crucial for managing generation and load following in the electricity sector.

ORDER WHEREAS by Order dated December 15, 2009, the Nova Scotia Utility and Review Board (the "Board") approved the Distribution Voltage Time-of-Use, Real Time Price Rate with the following fixed cost adders: On-peak (7:00 a.m. - 11 :00 p....

AI summary The Nova Scotia Utility and Review Board approved revised fixed cost adders for the One Part Distribution Voltage Real Time Price Rate effective January 1, 2011, to December 31, 2011, following an application by Nova Scotia Power Inc. The changes were based on projected expenses for 2011 and prior approvals.

ORDER WHEREAS by Order dated December 15, 2009, the Nova Scotia Utility and Review Board (the "Board") approved the High Voltage (HV) Time-of-Use, Real Time Price Rate with the following fixed cost adders: On-peak (7:00 a.m. - 11 :00 p.m....

AI summary The Nova Scotia Utility and Review Board approved revised fixed cost adders for the One Part HV Real Time Price Tariff for 2011, effective from January 1, 2011 to December 31, 2011, following an application by Nova Scotia Power Inc. and prior approvals.

ORDER WHEREAS by Order dated December 15, 2009, the Nova Scotia Utility and Review Board (the "Board") approved the Extra High Voltage (EHV) Time-of-Use, Real Time Price Rate with the following fixed cost adders: On-peak (7:00 a.m. - 11 :0...

AI summary The Nova Scotia Utility and Review Board approved revised fixed cost adders for the One Part EHV Real Time Price Tariff for 2011, with on-peak and off-peak rates specified. The changes were based on projected expenses and prior approvals, and the adders will be effective from January 1, 2011 to December 31, 2011.

ORDER WHEREAS by Order dated December 15, 2009, the Nova Scotia Utility and Review Board (the "Board") approved the Wholesale Market Non-Dispatchable Supplier Spill Tariff monthly customer charge at a rate of $3,656.25 per month on and aft...

AI summary The Nova Scotia Utility and Review Board approved the monthly customer charge of $3,656.25 for the Wholesale Market Non-Dispatchable Supplier Spill Tariff for the period January 1, 2011, to December 31, 2011, based on prior approvals and projected expenses for 2011.

ORDER WHEREAS by Order dated December 15, 2009, the Nova Scotia Utility and Review Board (the "Board") approved the Wholesale Market BackuplTop-Up Service Tariff monthly customer charge at a rate of $3,656.25 per month on and after January...

AI summary The Nova Scotia Utility and Review Board approved the monthly customer charge of $3,656.25 for the Wholesale Market BackuplTop-Up Service Tariff for the period January 1, 2011, to December 31, 2011, based on NSPI's revised application and prior approvals.

Nova Scotia Utility and Review Board Mailing address PO Box 1692, Unit "M" Halifax, Nova Scotia B3J 3S3 [email protected] Web www.nsuarb.ca Office 3rd Floor 1601 lowerWater Street Halifax, Nova Scotia B3J 3P6 902 424·4448 t 902 424-3919...

AI summary The Nova Scotia Utility and Review Board has directed Nova Scotia Power Inc. to refile its application for 2011 Annually Adjusted Rates due to adjustments in the Base Cost of Fuel. The Board also requested clarification on changes to a confidential undertaking and confirmation that customers under specific tariffs have been notified of proposed changes.

On November 23, 2010, the Board directed NSPI to refile its application to reflect the adjusted Fuel Adjustment Mechanism Base Cost of Fuel as noted in the Board's Decision 2010 NSUARB 219, and to confirm that customers who take service or...

AI summary The Board directed NSPI to refile its application for the 2011 AARs with updated Fuel Adjustment Mechanism Base Cost of Fuel and ensure customer notification. NSPI refiled its application and confirmed customer notification, but no reply submissions were received. The Board approved the revised AARs and Confidential Undertaking form.

- 1. NSPI will provide Designated Confidential Information, as defined herein, to the Designated Recipients as defined below. - 2. Designated Confidential Information shall consist of the following material, whether printed or electronic:...

AI summary The document outlines the conditions under which NSPI will provide designated confidential information to specific recipients, including redacted sections of its application related to the GRLF Back-Up Information and Fuel-cost Adjustment, as well as any additional information identified as confidential.

ORDER WHEREAS by Order dated December 15, 2009, the Nova Scotia Utility and Review Board (the "Board") approved the Optional Generation Load Following Rate of the Generation Replacement and Load Following Rate ("GRLF") at a price of 6.584...

AI summary The Nova Scotia Utility and Review Board is considering changes to the Optional Generation Load Following Rate, which is set to expire at the end of 2010. Nova Scotia Power Inc. has submitted a revised application for approval of the 2011 Annually Adjusted Rates, following a directive from the Board.

GENERATIONREPLACEMENTAND LOAD FOLLOWING TARIFF

AI summary The document discusses the Generation Replacement and Load Following Tariff, which involves the calculation and adjustment of rates related to generation replacement and load following, including the Base Cost of Fuel (BCF) and Annually Adjusted Rates (AARs).

RATE:

AI summary The RATE section outlines the regulatory framework and mechanisms related to utility rates, including adjustments for fuel costs and base rates. It discusses the impact of these mechanisms on cost recovery and customer affordability.

ORDER WHEREAS by Order dated December 15, 2009, the Nova Scotia Utility and Review Board (the "Board") approved the Distribution Voltage Time-of-Use, Real Time Price Rate with the following fixed cost adders: On-peak (7:00 a.m. - 11 :00 p....

AI summary The Nova Scotia Utility and Review Board approved fixed cost adders for the One Part Distribution Voltage Real Time Price Rate for 2011, adjusting the on-peak and off-peak rates based on projected expenses and prior approvals. The changes were filed by Nova Scotia Power Inc. and took effect from January 1, 2011, to December 31, 2011.

ORDER WHEREAS by Order dated December 15, 2009, the Nova Scotia Utility and Review Board (the "Board") approved the High Voltage (HV) Time-of-Use, Real Time Price Rate with the following fixed cost adders: On-peak (7:00 a.m. - 11 :00 p.m....

AI summary The Nova Scotia Utility and Review Board approved revised fixed cost adders for the One Part HV Real Time Price Tariff for the period January 1, 2011, to December 31, 2011. The on-peak adder was set at 5.778 cents per kWh and the off-peak adder at 0.514 cents per kWh, based on projected expenses for 2011.

ORDER WHEREAS by Order dated December 15, 2009, the Nova Scotia Utility and Review Board (the "Board") approved the Extra High Voltage (EHV) Time-of-Use, Real Time Price Rate with the following fixed cost adders: On-peak (7:00 a.m. - 11 :0...

AI summary The Nova Scotia Utility and Review Board approved updated fixed cost adders for the One Part EHV Real Time Price Tariff for 2011, following an application by Nova Scotia Power Inc. The changes to the adders were calculated based on prior approvals and projected expenses for the year.

ORDER WHEREAS by Order dated December 15, 2009, the Nova Scotia Utility and Review Board (the "Board") approved the Wholesale Market Non-Dispatchable Supplier Spill Tariff monthly customer charge at a rate of $3,656.25 per month on and aft...

AI summary The Nova Scotia Utility and Review Board approved a monthly customer charge of $3,656.25 for the Wholesale Market Non-Dispatchable Supplier Spill Tariff for the period January 1, 2011, to December 31, 2011, based on projected expenses and prior approvals.

ORDER WHEREAS by Order dated December 15, 2009, the Nova Scotia Utility and Review Board (the "Board") approved the Wholesale Market BackuplTop-Up Service Tariff monthly customer charge at a rate of $3,656.25 per month on and after January...

AI summary The Nova Scotia Utility and Review Board approved the monthly customer charge for the Wholesale Market Backup/Top-Up Service Tariff at $3,656.25 for the period January 1, 2011, to December 31, 2011, following a revised application by Nova Scotia Power Inc. and based on projected expenses for 2011.