Topic:"Incentive Costs" in M11094

Expense recognition The Corporation recognizes incentive costs, such as customer rebates, when energy savings are recognized. Energy savings are recognized at milestones within a contract or when the contract is complete. An accrued liabil...

AI summary The Corporation recognizes incentive costs, such as customer rebates, when energy savings are recognized, either at milestones within a contract or upon completion. An accrued liability is established when energy savings are recognized but payment is pending. Other expenses are recorded when incurred.

EfficiencyOne Statement of Operations & Changes in Fund Balance - Details by GL Account - Demand-Side Management (DSM) Fund For the Year Ended December 31, 2022 GL Account GL Account Description Financial Statement Grouping GL Balance Dire...

AI summary The document presents the EfficiencyOne Statement of Operations & Changes in Fund Balance for the Demand-Side Management (DSM) Fund for the year ended December 31, 2022. It includes revenue, incentives, evaluation, verification, program support, and bad debt expenses categorized by GL account.

M11094 EfficiencyOne Responses to Information Requests (RIRs) E1 (NSUARB) RIRs 01-11 FILED July 12, 2023 Request IR-01: With regards to the Consolidated Statement of Operations, Demand Side Management Fund: (a) Please provide an explanatio...

AI summary EfficiencyOne provided responses to information requests regarding increases in incentives, bad debt, and salaries and benefits costs between 2021 and 2022. The increase in incentives is attributed to higher energy savings and program participation. Bad debt increased due to an allowance established for anticipated losses from financing arrangements. Salaries and benefits increased, but no specific employee change was mentioned.

canada.ca/my-cra-business-acco unt. 1 Request IR-14: 15 a. Please provide examples of incentive costs incurred. 16 17 (e) Please explain the reason for Information Technology and Office Insurance having two 18 different allocators, FTE and...

AI summary The text includes a request for examples of incentive costs incurred and explanations regarding the allocation methods for Information Technology and Office Insurance expenses, as well as the exclusion of an evaluation and verification expense from allocation under Note 13.

were assigned directly to DSM programs, including Regulatory Affairs. The CAM is subject to an annual audit by E1's external auditor. The approved CAM is provided as Attachment 1 to this IR response. E1's costs are either direct costs, whi...

AI summary The document outlines E1's cost allocation methodology, distinguishing between direct and non-direct costs. Direct costs include incentives, evaluation, and program support, while non-direct costs are shared and allocated using methods like FTE. The CAM is audited annually, and specific costs like bad debt and verification are tied directly to DSM programs.

Request IR-2: With regards to Consolidated Statement of Operations and Provincial Fund, please provide an explanation for the increase in incentives from $24 million in 2021 to $31 million in 2022.

AI summary The request asks for an explanation of the increase in incentives from $24 million in 2021 to $31 million in 2022, as reflected in the Consolidated Statement of Operations and Provincial Fund.