Topic/Matter Intersection

Topic:"Fuel Cost Adjustment" in M13042

Matter: Procurement Administrator - Power Advisory - Application for Approval of the Green Choice Power Purchase Agreement
6 passages 4 documents

Fuel Cost Adjustment across all matters →

P-1Application 1 passage
2. OVERVIEW OF THE PPA p. p. 8
-and -lumber [-industries.html](https://www.canada.ca/en/treasury-board-secretariat/news/2025/12/minister-ali-announces-new-measures-to-protect-and-transform-canadas-steel-and-lumber-industries.html) Given the small size of the Nova Scotia...

AI summary The text discusses the impact of tariffs on renewable energy projects in Nova Scotia, noting that the small market size limits developers' bargaining power. It outlines provisions in the GCPPPA that allow for adjustments to energy rates if tariffs increase capital costs by more than 7.5%, with resolution through an independent expert if needed. Similar measures are noted in Ontario and British Columbia.

P-1-(i)Appendix A - Green Choice PPA 3 passages
Section 6 p. p. 4
of Credit Exhibit ["E"](#page-94-0) - Form of Guarantee Exhibit ["F"](#page-100-0) – Not Used Exhibit ["G"](#page-101-0) – Not Used Exhibit ["H"](#page-102-0) - Calculation of Adjusted Energy Rate Capitalized terms used herein but not othe...

AI summary The document includes exhibits related to credit, a form of guarantee, and a calculation of the adjusted energy rate. It references capitalized terms defined in the General Terms and Conditions and includes a signature page.

3.3 Reporting of Seller and Forecasting Facility Output p. p. 34
3.3 Reporting of Seller and Forecasting Facility Output (a) NSPI shall cause a third-party vendor to provide meteorological forecasting services for the Facility. As of the Effective Date, NSPI will cause the third-party vendor that provid...

AI summary NSPI is required to provide meteorological forecasting services for the Facility through a third-party vendor, with specific terms for service fees and administrative charges. The Seller will receive these forecast details and be credited for the fees incurred by NSPI.

5.4 Metering p. pp. 41-42
5.4 Metering All Facility revenue class metering equipment shall be routinely tested by NSPI. At any time, either Party may request a test of the accuracy of the metering equipment at its own expense. The results of meter calibrations or t...

AI summary The text outlines procedures for testing and maintaining revenue class metering equipment, ensuring accuracy and compliance with standards. NSPI is responsible for testing, and financial adjustments may be required if meter accuracy exceeds 2% variance. Both parties have rights to be represented during meter sealing/unsealing and to request tests.

P-1-(iii)Appendix C - DRAFT #1 Green Choice PPA 2026 - CLEAN 1 passage
where: p. p. 105
where: - 1. "ER" is the indexed and adjusted Energy Rate; - 2. "ERED" is the initial Energy Rate as specified in item [4](#page-3-8) of the Commercial Terms; - 3. ERCOD is the escalated Energy Rate at COD. - 4. "CPIy" is the CPI for the mo...

AI summary The document defines key terms related to energy rates and their adjustment mechanisms, including indexed and adjusted Energy Rate (ER), initial Energy Rate (ERED), and escalated Energy Rate at COD (ERCOD). It also establishes that the Energy Rate cannot fall below the initial Energy Rate after the Effective Date.

P-1-(iv)Appendix D - Summarized Stakeholder Feedback 1 passage
APPENDIX D - SUMMARIZED STAKEHOLDER FEEDBACK ON PPA DRAFT #1
APPENDIX D - SUMMARIZED STAKEHOLDER FEEDBACK ON PPA DRAFT #1 PPA Section Question Comment Response impact of changes to federal laws be incorporated. This could come in the way of pricing relief / pricing adjustments for such changes as ne...

AI summary Stakeholders recommend incorporating contractual mechanisms in the PPA to address risks from changes in federal laws, such as adjustments to ITCs and tariffs, which impact construction costs and material pricing. They also highlight the need for open-book price adjustment mechanisms to manage these risks fairly.

Disclaimer: These summaries were generated by AI from the filings they describe. We take care to make them accurate, but errors are possible - and they aren't advice. Only the filings themselves are the record: if you're relying on something here, confirm it against the source documents or the Nova Scotia Energy Board's own record. Full disclaimer →