Topic:"Public Utilities Act Nova Scotia" in M12241

1. NATURE OF OPERATIONS EfficiencyOne ("the Corporation") was incorporated in July 2014 under the Canada Not-for-profit Corporations Act. Under Section 79C of the Public Utilities Act, the Corporation, as the franchise holder, has the excl...

AI summary EfficiencyOne, a not-for-profit corporation incorporated under the Canada Not-for-profit Corporations Act, holds exclusive rights under the Public Utilities Act to provide demand-side management to Nova Scotia Power Inc. It manages endowment funds in trust for the Federation of Canadian Municipalities and Nova Scotia, with investment income attributable to contributors, resulting in no income tax provisions.

1. NATURE OF OPERATIONS EfficiencyOne ("the Corporation") was incorporated in July 2014 under the Canada Not-for-profit Corporations Act. Under Section 79C of the Public Utilities Act, the Corporation, as the franchise holder, has the excl...

AI summary EfficiencyOne, a not-for-profit incorporated under the Canada Not-for-profit Corporations Act, holds exclusive rights to provide demand-side management (DSM) to NS Power under the Public Utilities Act. Tax-exempt under the Income Tax Act, it manages funds for DSM, Provincial, and Other Business operations, with HCi3 as a subsidiary. Revenue is accounted for via fund-specific restrictions, and investment income is allocated per external restrictions.

EfficiencyOne IN THE MATTER OF: The Public Utilities Act - and -

AI summary The document pertains to a regulatory proceeding under the Public Utilities Act, with the heading 'EfficiencyOne' indicating the matter's focus. No further details or arguments are provided in the excerpt.

M12241 EfficiencyOne Responses to Information Requests (RIRs) E1 (NSEB) RIRs 01-06 FILED July 16, 2025 Request IR-01: The program support expenses for the DSM fund have increased significantly, by approximately 600% or $2.6 million. Please...

AI summary EfficiencyOne (E1) attributes a 600% increase in DSM program support expenses to higher regulatory costs, legislative changes (Bill 228), and expanded mandates like strategic electrification. The 2023-2025 DSM Plan's cost estimates were exceeded due to unforeseen expenses from stakeholder counsel, new frameworks, and extended planning horizons.

NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF: AN APPLICATION by EfficiencyOne Requesting Approval of 2024 Audited Financial Statements – December 31, 2024

AI summary EfficiencyOne has submitted an application to the Nova Scotia Energy Board for approval of its 2024 audited financial statements as of December 31, 2024, under the Public Utilities Act. The proceeding involves regulatory oversight of financial reporting compliance.