Topic:"Incentive Structures" in M09689

12. CONTINGENCIES The Corporation has an agreement with NS Power to extend financing to certain Business, Non-Profit and Institutional ("BNI") customers participating in either the Small Business Energy Solutions, Affordable Multi-Family H...

AI summary The Corporation has an agreement with NS Power to provide financing to BNI customers participating in various energy programs. The Corporation is contingently liable for defaults on these financing arrangements, with a total balance of $3,164 at December 31, 2019.

13. COMMITMENTS a) In the course of business, the Corporation approves customer applications that offer future incentive payments based on the completion of program criteria within a specific time frame.

AI summary The Corporation approves customer applications that offer future incentive payments based on the completion of program criteria within a specific time frame.

recognition policies. 1 b) The prior period adjustment relates to future incentive payments recorded within the 2 participant in an EfficiencyOne program where financing for the project was extended 3 through NS Power's on-bill financing p...

AI summary The text discusses a prior period adjustment related to future incentive payments for a participant in an EfficiencyOne program, where financing was extended through NS Power's on-bill financing program. EfficiencyOne's response to NSUARB IR-06 c) is referenced.

2019 DSM Fund Revenue and NS Power Payments (In Thousands) Total Total 2 Power's responsibilities include the review of customers' electrical accounts and 3 acceptance of the application where the customer's credit points are below a set t...

AI summary The text discusses the responsibilities of NS Power and EfficiencyOne regarding the DSM Fund, including credit thresholds, financing costs, and default rates. It notes that financing extended in 2019 was $3.2 million, with low default rates and $302,999 in write-offs as of December 31, 2019.