Topic:"Prudency Review" in M12394

NON-CONFIDENTIAL 1 ii. Typical transmission operators do not have a complex suite of interrelated agreements 2 and assets to manage with the associated compliance and engagement obligations, or 3 such a high degree of reliance upon another...

AI summary NSPML discusses the complexity of managing interrelated agreements and assets, referencing the holdback mechanism and its impact due to NLH's poor delivery performance. NSPML highlights that prudence should protect the company from disallowances but acknowledges increased risks due to added complexity.

Findings The DSTDR will continue to apply to all electricity distributors and transmitters, as well as EPCOR Natural Gas (Aylmer and South Bruce), rebasing rates in 2025 and beyond, unless some other approach was previously approved by the...

AI summary The DSTDR will apply to electricity distributors and transmitters, as well as EPCOR Natural Gas, with rate rebasing in 2025 and beyond. For OPG and Enbridge Gas, DSTDR will not cap the unfunded portion of their capital structure, and the OEB will assess prudence in debt management and treasury processes.

ubmitted that in addition to ignoring that the financing cost would be symmetrically applied to both debit and credit DVA balances, these are inappropriate arguments. The OEA reasoned that the setting 73 The OEB's EB-2008-0046 Report of th...

AI summary The OEA argues that the financing cost for DVAs should be symmetrically applied to both debit and credit balances, and that the OEB's grouping of DVAs into Group 1 and Group 2 is based on the depth of review required. The SEC and CCC raised concerns about regulatory efficiency and the risk associated with different DVA groups, but the OEA refutes these claims.