Topic:"Fuel Cost Adjustment" in M12412

- 15 thresholds have been detailed below: FVDA features and thresholds Detail16 Operating Reserve Level Maintained at $10 million within the FVDA. Threshold for Rebates If the FVDA balance exceeds $15 million, the excess is rebated to mark...

AI summary The document outlines 15 thresholds related to the FVDA, including maintaining a minimum balance, rebate mechanisms, and procedures for deficit contingency and ministerial approval. These thresholds ensure proper financial management and transparency in the energy sector.

mportant that they be re-established in an efficient and effective manner. Thus, the Board concurs with Doane Grant Thornton that the IESO must develop specific cost management controls as a priority. [44] Further, while the Board agrees w...

AI summary The Board agrees with Doane Grant Thornton on the need for IESO to develop cost management controls and the creation of the Net OM&A Deferral Account, but requires guidelines and policies before cost recovery. Prudence reviews for overruns are mandated under the More Access to Energy Act, with specific references to past Board decisions.