Topic:"Fuel Cost Adjustment" in M12642

Background This Application arises from the Board's Decision in M010832, dated April 28, 2023, TOMBEU's GRA for Test Year 2023. The rate increase initially proposed by the Utility was a system average of 34.8%, with increases to all custom...

AI summary The document outlines the phased implementation of a rate increase for TOMBEU following the Board's decision in M010832. The rate increase was initially capped at 20% for certain classes in 2023, with the full increase to be applied in 2024. TOMBEU is now requesting approval to recover deferred revenue, including interest, from the affected classes.

p 2 by the Total Required Energy to be served by purchased power (e.g. excluding any self-generation) in the Test Year to determine the estimated change in all purchased power costs for the Test Year. Where the kWh (energy) portion of stre...

AI summary The text outlines procedures for adjusting purchased power costs, including demand-side management charges and fuel adjustment mechanism (FAM) adjustments. It discusses conditions under which the Board may make adjustments without a public hearing and considerations for customer assistance if rate increases exceed 10 percent.

p 2 by the Total Required Energy to be served by purchased power (e.g. excluding any self-generation) in the Test Year to determine the estimated change in all purchased power costs for the Test Year. Where the kWh (energy) portion of stre...

AI summary The document outlines procedures for adjusting purchased power costs, including demand-side management charges, and discusses the Fuel Adjustment Mechanism (FAM) adjustments by Nova Scotia Power Inc. (NSPI). It provides guidelines for handling changes in power sources and rate adjustments, including considerations for customer assistance in cases of significant rate increases.

GENERAL SERVICE Demand Charge: $6.51 per month per kilowatt of maximum demand Energy Rates: $21.0071 cents per kilowatt hour for the first 200 kilowatt hours per month per kilowatt of maximum demand $13.0625 cents per kilowatt hour for all...

AI summary The document outlines general service rates, including demand charge, energy rates, and minimum bill details. It specifies the applicability of these rates and mentions a deferred rate application for 2023, effective from 2026 to 2027.