Topic:"Rate Design" in M11677

The costs reported in the Consolidated Statement of Operations, include direct costs of the programs which are comprised of, but not limited to, customer payments, program support costs, and other program and administrative costs directly...

AI summary The document outlines the direct and non-direct costs incurred by the Corporation in 2023, including program-specific expenses and those requiring allocation. Direct costs for DSM, PNS, and Other Business are detailed, and non-direct costs are allocated using FTE and Direct Costs as defined in the ENSC Cost Allocation Methodology Report, which is subject to review by the NSUARB.

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 is a not-for-profit corporation established under the Canada Not-for-profit Corporations Act, operating under the Public Utilities Act and the Income Tax Act. It manages demand-side management programs and holds endowment funds through its subsidiary, with specific accounting policies for different funds, including the DSM Fund, PNS Fund, and Other Business Fund.

Deferred in Other Business Fund (94) - Unrealized fair market value adjustments (1,185) 1,286 Recognized investment income $ 321 $ 281 i. The Stabilization allocation is an amount held in reserve and used for the purpose of funding eligibl...

AI summary The document discusses the funding of NS Power's DSM deferral balance through external financing, including loans arranged by the Corporation with TD, and the obligation of NS Power to make repayments. The NSUARB directed the Corporation to proceed with funding the unamortized portion of the 2015 DSM Deferral.

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, was established under the Canada Not-for-profit Corporations Act and operates under the Public Utilities Act. It manages demand-side management programs and maintains separate funds for operations, including the DSM Fund, PNS Fund, and Other Business Fund. The Corporation follows specific accounting policies, including revenue deferral and fund accounting.

b) Liquidity risk Liquidity risk is the risk of being unable to meet cash requirements or fund obligations as they come due. It stems from the possibility of a delay in realizing the fair value of investments. The Corporation manages its l...

AI summary The document discusses liquidity risk, which is the risk of being unable to meet cash requirements. The Corporation manages this risk by monitoring cash flows and holding liquid assets. Accounts payable and accrued liabilities are typically paid within 90 days, with some exceptions based on contract terms. The Corporation is also exposed to market risks, including interest rate risk, though short-term deposits are not significantly affected by interest rate fluctuations.