HomeRate BaseM08888Evidence
Topic/Matter Intersection

Topic:"Rate Base" in M08888

Matter: E-ENS-G-18 - EfficiencyOne - Evaluation of DSM Programs - Application to allow inclusion of Non-Energy BenefitsEfficiencyOne - Application for approval of the use of Non-Energy Benefits within Cost-Effectiveness Testing
17 passages 3 documents

Rate Base across all matters →

E-4E1 (IG) RIR-1 to RIR-14 1 passage
Section 16 p. p. 4
- version of the Rate and Bill Impact Analysis. Response IR-11: - The current version of Appendix C uses the 2014 IRP-generated Base-DSM avoided costs. On - October 16, 2018 EfficiencyOne received confirmation from Nova Scotia Power that t...

AI summary The current version of Appendix C uses avoided costs from the 2014 Integrated Resource Plan (IRP), and EfficiencyOne was informed by Nova Scotia Power that these costs will not be updated until the next IRP.

E-10-(i)Book of Authorities 11 passages
Preamble p. p. 86
[90] The Board anticipates E1's proposed program and savings targets can be achieved within the budget approved by the Board in this Decision. However, if E1 feels revisions are necessary they can be requested in the Compliance Filing. [91...

AI summary The Board approves E1's program and savings targets within the approved budget but allows for revisions via a Compliance Filing. The DOE raises concerns about deferring and amortizing DSM costs, suggesting financing through bank loans instead of NSPI's rate base. E1 is tasked with researching and proposing more rigorous incentive programs and providing alternate DSM budget scenarios for future applications.

[138] The Board finds that: p. p. 157
[138] The Board finds that: - a) NSPI shall provide E1 with the Names and Emails and the Customer Usage Data, within 60 days of the date of this Decision; and, thereafter on a monthly basis. If providing the data on a monthly basis is unwo...

AI summary The Board has mandated that NSPI provide E1 with customer data within 60 days and on a monthly basis, with E1 responsible for covering NSPI's reasonable administrative costs for the data transfer. Disputes over cost amounts can be referred to the Board for resolution.

(The table of contents is not part of the statute) p. p. 312
(The table of contents is not part of the statute) Section Short title . 1 Interpretation - Powers and Duties of the Board Expenses of Board . 15 Payment and recovery of amount assessed . 16 Expenses of annual report . 17 Supervision of ut...

AI summary This section outlines the structure and content of the legislation, covering the Board's powers and duties, financial and operational requirements for utilities, valuation processes, depreciation regulations, and rate-setting procedures. It includes specific provisions for annual reports, capital expenditures, and regulatory oversight.

Duty of utility to furnish information p. p. 312
Duty of utility to furnish information - 33 (1) Every public utility shall furnish to the Board from time to time, and as the Board may require, maps, profiles, contracts, reports of engineers and other documents, records and papers, or co...

AI summary The duty of public utilities in Nova Scotia to provide information to the Nova Scotia Utility and Review Board (UARB) is outlined, including requirements to furnish documents, cooperate in property valuations, and report changes to infrastructure. The Board retains authority to revise valuations based on updates from utilities.

Valuation of South Canoe Wind Project p. p. 312
Valuation of South Canoe Wind Project 35B Notwithstanding Section 2A and subsection 4B(13) of the Electricity Act and clause 2(f) of this Act, any property and assets owned by Nova Scotia Power Incorporated that are part of the South Canoe...

AI summary The Nova Scotia Utility and Review Board must include the South Canoe Wind Project's capital and other costs in Nova Scotia Power Incorporated's rate base and revenue requirement, on the same basis as other wind farms, with deferred taxes offset as a regulatory asset or liability, as mandated by the Electricity Act.

Valuation of Sable Wind Project p. p. 312
Valuation of Sable Wind Project 35D Notwithstanding Section 2A and subsection 4B(13) of the Electricity Act and clause 2(f) of this Act, any property and assets owned by Nova Scotia Power Incorporated that are part of the Sable Wind Projec...

AI summary The provision deems the Sable Wind Project's assets as public service, requiring the Board to include them in Nova Scotia Power Incorporated's rate base on the same basis as other wind farms, with tax considerations applied.

Exemption and approval for N.S. Power Inc. p. p. 312
Exemption and approval for N.S. Power Inc. - 36 (1) Notwithstanding anything contained in this Act or any enactment, this Act does not apply to new construction, improvements or betterments in, extensions or additions to, or conversions of...

AI summary Nova Scotia Power Inc. (NSPI) is exempt from certain regulations regarding new construction and improvements to its generation and transmission facilities near Point Aconi, Cape Breton. The Utility and Review Board (URAB) must include specific capital and operating costs in rate determinations for these projects, provided approvals were obtained by April 16, 1992.

Each category of service treated as separate unit p. p. 312
Each category of service treated as separate unit 43 Where any public utility furnishes, renders or supplies more than one type or kind of service, the Board shall segregate such types or kinds of service into distinct classes or categorie...

AI summary The Nova Scotia Utility and Review Board must treat each distinct category of service provided by a public utility as a separate unit for rate base determination and reporting purposes, as mandated by section 43 of the Revised Statutes of Nova Scotia, chapter 380.

Amount utility entitled to earn annually p. p. 312
Amount utility entitled to earn annually 45 (1) Every public utility shall be entitled to earn annually such return as the Board deems just and reasonable on the rate base as fixed and determined by the Board for each type or kind of servi...

AI summary Public utilities in Nova Scotia are entitled to a just and reasonable return on their rate base, as determined by the Board. However, if the Board mandates setting aside funds for amortization or reserves, those amounts are deducted from the utility's earnings unless authorized as operating expenses.

IT IS HEREBY ORDERED that: p. p. 368
IT IS HEREBY ORDERED that: - 1. The Board approves a DSM Plan for 2019 in the amount of $34,050,000 with performance targets of 127.2 GWh in incremental annual net energy savings and 20.2 MW in incremental net annual peak demand savings. -...

AI summary The Board approves a 2019 DSM Plan with specific energy and demand savings targets, accepts a progress report, and directs updates to avoided costs and the RBIA. E1 is required to conduct a new DSM Potential Study and improve methodologies for GHG estimates and transparency in its processes. The Board also requests alternate DSM budget scenarios and compliance with filing frameworks.

The figure below identifies the net Contract Price to be paid by NSPI allocated for each year of the Term, p. p. 414
The figure below identifies the net Contract Price to be paid by NSPI allocated for each year of the Term, 2019 UARB Approved 34,050,000.00 $34,050,000.00 Net Contract Price to be by Paid NSPI $34,050,000.00 27 28

AI summary The figure outlines the net Contract Price approved by the UARB for NSPI in 2019, which is set at $34,050,000.00.

E-13-(i)Book of Authorities 5 passages
1.1 Overview of the Facts p. p. 125
1.1 Overview of the Facts ATCO Gas - South ("AGS"), which is a division of ATCO Gas and Pipelines Ltd. ("ATCO"), filed an application by letter with the Board pursuant to s. 25.1(2) (now s. 26(2)) of the GUA, for approval of the sale of it...

AI summary ATCO Gas - South applied to sell non-utility land in Calgary, arguing the sale would reduce rates by retiring the asset from the rate base. The Board considered the application without a hearing, while opposing parties contested the disposition of sale proceeds to shareholders.

1.1 Aperçu des faits p. p. 125
1.1 Aperçu des faits ATCO Gas - South (« AGS »), une filiale d'ATCO Gas and Pipelines Ltd. (« ATCO »), a fait parvenir à la Commission une lettre dans laquelle elle lui demandait, en application du par. 25.1(2) (l'actuel par. 26(2)) de la...

AI summary ATCO Gas - South (AGS) requested approval to sell Calgary land under GUA §25.1(2), arguing the sale would reduce customer rates by lowering the rate base. ATCO sought proceeds to pay book value, disposal costs, and distribute net gains to shareholders. The Commission reviewed the request without hearings, but opponents including the City and Gas Alberta Inc. opposed shareholder distribution.

1. The Confiscation Issue p. p. 125
1. The Confiscation Issue In its factum, ATCO says that "[t]he property belonged to the owner of the utility and the Board's proposed distribution cannot be characterized otherwise than as being confiscatory" (respondent's factum, at para....

AI summary ATCO argues that the Board's distribution proposal is confiscatory, but the distinction between regulated utilities and unregulated investments is key. The text references Re Southern California Gas Co. to highlight how regulated utilities insulate investors from market risks. The Commission's decision to address disparities in profit allocation is deemed reasonable, balancing public interest and investor returns.

Rate base p. p. 125
Rate base - 37(1) In fixing just and reasonable rates, tolls or charges, or schedules of them, to be imposed, observed and followed afterwards by an owner of a gas utility, the Board shall determine a rate base for the property of the owne...

AI summary The Board must determine a rate base for gas utilities in Alberta, considering property costs, depreciation, and working capital, then set a fair return based on relevant factors. Key considerations include prudent acquisition costs, depreciation, amortization, depletion, and necessary working capital.

Determining rate base p. p. 125
Determining rate base 90(1) In fixing just and reasonable rates, tolls or charges, or schedules of them, to be imposed, observed and followed subsequently by an owner of a public utility, the Board shall determine a rate base for the prope...

AI summary The Board must determine a rate base for public utility property in Alberta, considering the cost of the property and prudent acquisition costs, and ensure a fair return on the rate base. Key considerations include initial cost and prudent acquisition expenses.

Disclaimer: These summaries were generated by AI from the filings they describe. We take care to make them accurate, but errors are possible - and they aren't advice. Only the filings themselves are the record: if you're relying on something here, confirm it against the source documents or the Nova Scotia Energy Board's own record. Full disclaimer →