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Topic:"Rate Rider" in M03453

Matter: E-LUN-R-10 - Lunenburg Electric Utility - Request a change to the flow through formula used to calculate the NSPI Municipal Rate Class increases.IN THE MATTER OF the Application of the Town of Lunenburg on behalf of its Electric Utility for approval of a change to the flow through formula used  to calculate amendments to its Schedule of Rates for the provision of electric services to its customers to recover costs incurred as result of the rate increases granted to Nova Scotia Power Incorporated.
12 passages 3 documents

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L-1Application 8/27/2010 2 passages
APPROVED FORMULA: p. p. 0
APPROVED FORMULA: "Nova Scotia Power Inc. (NSPI) Municipal Rate Class Increases" In order to recover increased costs due to NSPI increases and upon notice by the Lunenburg Electric Utility to the Nova Scotia Utility and Review Board, (the...

AI summary The Nova Scotia Utility and Review Board (the Board) may adjust municipal rates for Lunenburg Electric Utility based on a formula to recover increased power purchase costs from Nova Scotia Power Inc. (NSPI). The formula uses variables related to past and approved cost increases, total sales, and calculates an average percentage rate adjustment.

PROPOSED FORMULA: p. p. 0
PROPOSED FORMULA: "Nova Scotia Power Inc. (NSPI) Municipal Rate Class Increases" In order to recover increased costs due to NSPI increases and upon notice by the Lunenburg Electric Utility to the Nova Scotia Utility and Review Board, (the...

AI summary Nova Scotia Power Inc. (NSPI) proposes a formula for adjusting municipal rates to recover increased power purchase costs. The Board may amend rates for specific classes without a public hearing, using a calculation based on forecasted costs, revenue, and approved increase percentages.

59945Board Order 7 passages
ORDER
ORDER WHEREAS the Town of Lunenburg, on behalf of its Electric Utility, (the "Applicant", the "Lunenburg Electric Utility") made application to the Nova Scotia Utility and Review Board (the "Board") on August 27, 2010, to amend the formula...

AI summary The Town of Lunenburg (Lunenburg Electric Utility) requested approval to amend its rate formula to pass through NSPI's municipal rate class increases. The Board approved the change, allowing the utility to adjust rates based on forecasted costs and revenue requirements using a two-step formula. The new formula became effective November 1, 2010, with requirements for submitting detailed forecasts and analyses.

SCHEDULE OF RATES FOR ELECTRIC SUPPLY & SERVICES
SCHEDULE OF RATES FOR ELECTRIC SUPPLY & SERVICES (Effective for services rendered on and after November 1, 201 0)

AI summary The document outlines the Schedule of Rates for Electric Supply & Services, effective from November 1, 2010. It serves as a regulatory framework for Nova Scotia Power Incorporated (NSPI), detailing pricing structures for electricity services. The schedule is part of a broader proceeding to establish fair and transparent utility rates in Nova Scotia.

RATES
RATES All bills are due and payable when rendered. All unpaid accounts are subject to overdue interest charges in accordance with Regulation 5.2 - "Payment of bills, overdue interest charges, and returned payment charge". In this Schedule,...

AI summary The document outlines Lunenburg Electric Utility's process for adjusting municipal rates to recover increased costs from NSPI, using a formula involving forecasted power purchase costs and revenue. The Board may amend rates without a public hearing based on this calculation, referencing Regulation 5.2 for overdue charges.

Nova Scotia Power Inc. ("NSPI") Municipal Rate Class Adjustments to Demand Side Management and Fuel Adjustment Mechanism
Nova Scotia Power Inc. ("NSPI") Municipal Rate Class Adjustments to Demand Side Management and Fuel Adjustment Mechanism In order to recover Demand Side Management ("DSM") and Fuel Adjustment Mechanism ("FAM") adjustments due to Nova Scoti...

AI summary Nova Scotia Power Inc. (NSPI) seeks to adjust municipal kWh rates for Demand Side Management (DSM) and Fuel Adjustment Mechanism (FAM) without a public hearing, following notification by Lunenburg Town Council to the Board. Formulas are provided to calculate rate adjustments based on DSM/FAM rates, annual kWh purchases, and municipal sales data.

LARGE GENERAL
LARGE GENERAL Demand Charge: $8.54 per month per kilowatt of maximum demand. 10.435 cents per kW hour for the first 1 00 kilowatt hours per month per kilowatt of maximum demand. 7.425 cents per kW hour for all additional consumption. Minim...

AI summary The Large General rate structure includes a $8.54 monthly demand charge per kW, tiered energy rates (10.435 cents/kWh for first 1,000 kWh/month and 7.425 cents/kWh thereafter), and a $8.54 minimum charge per kW of maximum demand. The rate applies to customers with demand exceeding 250 kW where other rates are not applicable.

MINIMUM MONTHLY CHARGE
MINIMUM MONTHLY CHARGE The minimum monthly charge shall be $18.21

AI summary The document establishes a minimum monthly charge of $18.21, set by the Board as part of regulatory proceedings. This charge applies regardless of usage and is likely tied to cost recovery or service maintenance obligations.

AVAILABILITY
AVAILABILITY This rate is only available to customers employing Electric Thermal Storage (ETS) equipment and electric in-floor radiant (i. e. hydronic) heating systems utilizing time shifting technology approved by the Utility. Document: 1...

AI summary The rate is restricted to customers using Electric Thermal Storage (ETS) and electric in-floor radiant heating systems with approved time-shifting technology, as outlined in Document 182497 under Schedule A Lunenburg Electric Utility Rates.

59945Board Order 3 passages
IN THE MATTER OF THE PUBLIC UTILITIES ACT
IN THE MATTER OF THE PUBLIC UTILITIES ACT -and - IN THE MATTER OF the Application of the Town of Lunenburg on behalf of its Electric Utility for approval of a change to the flow through formula used to calculate amendments to its Schedule...

AI summary The Town of Lunenburg seeks approval to modify the flow-through formula for calculating rate amendments to recover costs from Nova Scotia Power Incorporated's (NSPI) rate increases. The application pertains to adjusting the Schedule of Rates for electric services.

RATES
RATES All bills are due and payable when rendered. All unpaid accounts are subject to overdue interest charges in accordance with Regulation 5.2 - "Payment of bills, overdue interest charges, and returned payment charge". In this Schedule,...

AI summary The document outlines rate adjustment mechanisms for Lunenburg Electric Utility, allowing the Nova Scotia Utility and Review Board to amend rates without a public hearing using a formula based on NSPI's power costs and revenue forecasts. Overdue bills are subject to interest charges under Regulation 5.2.

Nova Scotia Power Inc. ("NSPI") Municipal Rate Class Adjustments to Demand Side Management and Fuel Adjustment Mechanism
Nova Scotia Power Inc. ("NSPI") Municipal Rate Class Adjustments to Demand Side Management and Fuel Adjustment Mechanism In order to recover Demand Side Management ("DSM") and Fuel Adjustment Mechanism ("FAM") adjustments due to Nova Scoti...

AI summary Nova Scotia Power Inc. (NSPI) seeks to adjust municipal rate classes for Demand Side Management (DSM) and Fuel Adjustment Mechanism (FAM) based on formulas involving DSM/FAM rates, kWh purchases, and cost adjustments. The Nova Scotia Utility and Review Board may amend rates without a public hearing following notification by Lunenburg Town Council.

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