bt financing (i.e., universities), or the likelihood that some members of the community may be satisfied with a lower return on equity in return for the provision of renewable energy in the community. [48] In developing proposed tariffs un...
AI summary The document discusses the development of COMFIT tariffs for different resource classes, emphasizing the need for reasonable rates to encourage development activity. Synapse's approach involves creating one tariff per class based on typical project costs and discounted cash flow models, ensuring alignment with the Electricity Act and Public Utilities Act.
5.4 Whether all potential projects should be economically feasible [57] The Board refers again to the general approach adopted by Synapse in developing COMFIT tariffs for the respective classes of electricity generation facilities. Synapse...
AI summary The Board adopts Synapse's approach to setting COMFIT tariffs, balancing cost-based rates with fostering project development. It acknowledges that not all projects will be economically feasible under the proposed tariffs, as setting rates high enough to ensure feasibility would lead to higher rates for ratepayers, conflicting with legislative goals.
port this information to you as the Board. You know, if we're going to ask for, you know, a formula to be to readjust the rate then I think, you know, you guys need to have our costs in the market. That will establish start to establish a...
AI summary The discussion centers on the need for a formula to adjust fuel costs in the Public Utilities Act, emphasizing the importance of tracking biomass costs and ensuring regulated utilities like Nova Scotia Power provide necessary information. Concerns are raised about the adequacy of the current escalator formula and the potential need for future revisions.