Section 29
p. p. 16
elopment that benefits not just the IC but ratepayers on the whole. Such reviews should include at least high level analyses to gauge overall ratepayer benefit from such distribution network upgrades. • For larger Class 2 projects, create...
AI summary The document proposes a cost refund regulation framework for distribution network upgrades, distinguishing between Class 1 and 2 projects. It recommends a 25% funding allocation from NSPI rate-based investment for larger Class 2 projects and suggests simplified refund mechanisms. The NSPSO argues the Class 1/2 distinction is not material due to minimal network upgrades in Class 1 projects, aligning with Synapse's recommendations.