Topic:"Rate Base" in M04265

RESPONSE TO INFORMATION REQUEST TO: NSUARB FROM: NSPI Question IR-8: In Attachment A, Paragraph (2) it is stated that NSPI will conduct an initial screening to determine whether the implementation of the procedures is warranted. Please ela...

AI summary NSPI responds to an information request by NSUARB regarding the factors considered in an initial screening for alternate supply options. Key factors include engineering detail, fuel acquisition plans, unit size relative to customer needs, and preliminary economic analysis.

AVAILABILITY Available for any Customer being served by the Company under Rate 6T, Rate 9T or Rate 9B when in the judgement of the Company: (a) it is economically feasible and practical for the customer to utilize an energy source other th...

AI summary This rider provides service availability under specific conditions for customers served by the Company under Rates 6T, 9T, and 9B. It is available when bypassing the Company's electric service is economically feasible or if a loss of load is imminent. Customers must provide affidavits and evidence of intent to bypass, and the rider is available until January 1, 2001, or until capacity reserve margins fall below acceptable levels.

that the customer is financially capable and willing to implement its viable, currently available competitive alternative. CONDITIONS OF SERVICE. Electric service under this rider shall be firm. RATE, BILLING AND UNBUNDLING. The rates nego...

AI summary The Economic Efficiency Rider (EER) outlines conditions for electric service, rate structures, and unbundling procedures. Rates are based on the customer's competitive alternative and must not be below the end-block price of the Base Rate. Unbundling procedures are detailed for contracts lacking Direct Access provisions and applicable discounts.

Introduction The Financial Reporting and Analysis (FIR) Module is designed to combine results from the Load Forecast Adjustment (LF A) Module, the Generation and Fuel (GAF) Module, and the Capital Expenditure and Recovery (CER) Module, wit...

AI summary The Financial Reporting and Analysis (FIR) Module integrates data from multiple modules to generate financial reports and analyze the impact of various factors on company financial operations, including construction programs, capital market conditions, tax law changes, and rate adjustments.

non-cash regulatory expenses for lost revenues and shareholder savings resulting from DSM programs. You can choose one of two methods for integration of these expenses: the default or the CER method. - The combining of companies in contemp...

AI summary The text outlines methods for integrating non-cash regulatory expenses from DSM programs and discusses tools like PROSCREEN II and CER Module for evaluating mergers and acquisitions. It covers working capital calculations, jurisdictional designations, and rate of return specifications for regulated and non-regulated segments.

Rate Change Logic After the desired financial condition is reached, the FIR Module recreates the Income Statement, Balance Sheet, and Statement of Cash Flows to account for changes in interest expense, dividends, etc. Expenses and rate bas...

AI summary The FIR Module iteratively adjusts revenues to meet desired financial targets such as rate of return on equity, total capital, or jurisdictional rate base. This process recalculates financial statements and ensures liquidity by adjusting revenues until the desired cash and rate of return levels are achieved, resulting in an initial rate change request for regulatory approval.

Class Revenue The Oass Revenue Module (CRM) provides for a complete breakdown of expe~ses, rate base, and rate increases into jurisdictions ( e.g., retail, FERC, etc.), and rate classes (e.g .• residential, commercial, industrial). This mo...

AI summary The Oass Revenue Module (CRM) breaks down expenses, rate base, and rate increases by jurisdiction and rate class, and is part of the FIR Module. It helps analyze the impact of alternative plans on load management, conservation, and marketing for different customer groupings.

Output Reports Standard reports provided by the FIR are formatted differently based on utility type (REA cooperative, investor-own~ municipal) and include: - Consolidated Income Statement - Balance Sheet - Statement of Cash Flows - Rate Ba...

AI summary The document outlines various standard and diagnostic reports generated by the FIR (Financial Impact Review) module, including financial statements, rate base reports, and detailed diagnostic analyses for different utility types and classifications.

Introduction The Class Revenue Module (CRM) provides a powerful capability to analyze long range rate strategy and the implications of utility plans on customer classes. The CRM picks up where the jmisdictional logic in the FIR ends. All r...

AI summary The Class Revenue Module (CRM) is a tool used to analyze long-range rate strategies and the effects of utility plans on customer classes. It takes over from the jurisdictional logic in the FIR and calculates revenue requirements to meet the target return on rate base, allowing for flexible rate structures across different classes.

Revenue Determination The structure of the CRM is designed to provide the user with maximum flexibility in modeling. By altering the number of asset classes or classification categories modeled, it is possible to produce a substantially de...

AI summary The CRM module offers flexibility in modeling cost of service analysis by allowing users to adjust allocation methods and control revenue requirements. It accounts for regulatory lag, political influences, and competitive market realities, ensuring total revenue and net income align with jurisdictional targets.

Output Reports The CRM generates the following: • Rate Base Report The Rate Base Report is produced for each jurisdiction by year. • Rate Class Report The Rate Class Report shows rate base, operating revenue, operating expenses, income and...

AI summary The CRM generates various reports, including the Rate Base Report and Rate Class Report, which provide detailed financial and operational data. Diagnostic reports break down expenses, plant classifications, and costs by jurisdiction, rate class, and classification category, aiding in financial and regulatory analysis.

CROSS-EXAMINATION BY MR. MCMANUS - Q. This Board at the moment, and for some number of years, has operated under the mandate to approve capital investments at least some of the time. I presume that that obligation will continue until the (...

AI summary The discussion focuses on the Board's role in approving capital investments and its ongoing responsibility to review capital budgets and expenditures. The speaker suggests that while the Board should continue its oversight, the responsibility for recovery and risk in a competitive market would shift to the market itself.

- 5. Natural gas burner tip price is $2.75/mmbtu or $2.61/GJ to displace #2 oil and #6 oil in the ind'l and com'l/inst'l sectors. Rate Base Calculation Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Cate Base % $ (000's) % $ (000's) % $...

AI summary The document provides a rate base calculation table detailing various components and percentages for different years, including initial values, plant additions, deductions, and year-end figures. The table includes categories such as distribution lines, meters, and corporate expenses, along with depreciation and working capital.

ASSUMPTIONS USED IN DEVELOPING MODEL Rate Base Lateral cost -$35 million, distribution system - $20 million Distributor will build out basic system as quickly as possible to have service ready for customer connections to gain early revenue...

AI summary The assumptions used in developing the model include capital expenditures for lateral and distribution systems, depreciation rates, equity and debt ratios, operating and maintenance costs, and revenue requirements. The model assumes a 35% equity ratio with a 12% return on equity, and capital is capitalized at different rates over the project timeline. Operating costs are estimated, with normalized ratios emerging in later years as the system becomes operational.

McInnes Cooper & Robertson SINCE 1859 BARRISTERS, SOLICITORS & TRADE MARK AGENTS George T.H. Cooper, Q.C. Direct Dial: 902-424-1353 e-mail: [email protected] Summit Place 1601 Lower Water Street Post Office Box 730 Halifax, Nova Sco...

AI summary Stora Enso Port Hawkesbury Limited intends to appear as a third-party intervenor in the NSPI Load Retention Rate Hearing. They request copies of all filed materials and intend to present witnesses, cross-examine others, and present arguments.

e first twelve months following approval of the rate. 17. A qualifying customer must execute an amendment to ilS existing service agreement with CSU as a precondition to subscription to Schedule SUS. - 18. The service agreement amendment r...

AI summary The document outlines the conditions and rate structure for Schedule SUS, including service agreement amendments, rate calculations based on cogeneration facilities, and the use of sizing factors to determine optimal facility sizes for customers.

on's expertise in making this determination of the reasonableness of rate discrimination. Capital l mprov. Board v. Indiana Pub. Strvict Cummission, - Ind.App. - , 375 N.E.2d 6 16, 633 ( 1978). Inten ·enor Bethlehem's witness Rudden consid...

AI summary The text discusses the reasonableness of rate discrimination in the context of a regulatory proceeding, focusing on the testimony of witnesses regarding the impact of rate structures on customer classes and the potential loss of industrial customers due to on-site generation. The Commission acknowledges the variability in customer classes and the potential adverse effects of losing high-load factor customers.

DISCUSSION [I, 2) AP&L and Mid-America support approval of the Agreement. As a result of the August 19, 1988, amendment to the Agreement, the Staff now recommends approval of the Agreement. Also as a result of the amendment, AEEC, the othe...

AI summary AP&L and Mid-America support the approval of an agreement, which would allow Mid-America to reduce its electricity purchases from AP&L through co-generation. The Commission must determine if the agreement is just and reasonable. Experts testified that co-generation is a viable alternative for Mid-America, which currently does not generate its own electricity.