HomeRates And MoneyM03413Evidence
Topic/Matter Intersection

Topic:"Rates And Money" in M03413

Matter: CI# 39323; CI# 39626; CI# 39627; & CI# 39628 - P-128.10 - NSPI WO - (Digby Wind Project) Application for approval of capital work orders  in the amount of $82.8 million for the acquisition, construction and interconnection of the Digby Wind Farm Project
56 passages 15 documents

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N-1Application 3 passages
THEREFORE THE PARTIES AGREE THAT FOR VALUE RECEIVED the Undersigned hereby promises to pay to the Holder the principal sum of p. pp. 30-62
THEREFORE THE PARTIES AGREE THAT FOR VALUE RECEIVED the Undersigned hereby promises to pay to the Holder the principal sum of Principal Amount: bearing interest commencing on the date hereof at a rate equal to the three month CD OR ("CDOR"...

AI summary The text outlines a financial agreement involving a principal sum to be paid with interest based on the three-month CDOR rate plus 500 basis points. The interest rate is reset every three months and determined by the Bank of Canada.

E. Non-Land Assets Acquired through Interwind Corp. (formerly SkyPower Corp.): p. p. 62
quest total and and admitted an explain to sail and a · France and controlled controlled about the Helphanes and the controlled and the controlled and the controlled about the controlled and the controlled and the controlled and the contro...

AI summary The text is largely incoherent and does not provide a clear summary of the topic or discussion related to Non-Land Assets Acquired through Interwind Corp. (formerly SkyPower Corp.).

LUMP SUM PRICING p. p. 30
LUMP SUM PRICING Note: tTtefollowing lump sum pricing does not include HST. Project Management • Engineering • Procurement • Geotechnical • Site Surveying • Site Management Transmission Line Right-of-Way (ROW) clearing Earthworks - Civil W...

AI summary The document outlines lump sum pricing for various project management and engineering activities related to transmission line construction, earthworks, wind turbine foundations, and electrical installations, excluding HST.

N-2Redacted NSPI Response to CA IRs 1 passage
BID COMPARISON p. p. 13
15 092 Vehicle T&D Reg. Labour AO = $135,722 22.91% = $31,094

AI summary The document provides a calculation related to a bid comparison, specifically the cost of a vehicle T&D Reg. Labour AO, which is calculated as $135,722 multiplied by 22.91%, resulting in $31,094.

N-3-(a)Redacted NSPI Response to UARB IR-1 to IR-12 (att 2) 2 passages
1 Request IR-6: p. p. 14
Construction costs associated with Digby Wind Project Paid by NSPI to 3240384 Nova Scotia Limited 1 Request IR-6: 6 (iv) Did NSPI use an independent party to provide it with an estimate of the fair 7 market value? If so, please provide a c...

AI summary The document outlines several requests related to the Digby Wind Project, including inquiries about the use of an independent party to estimate the fair market value, financing details, reconciliation of amounts, and the status of excluded assets and the GE Contract.

NON-CONFIDENTIAL p. p. 32
NON-CONFIDENTIAL 1 Request IR-8: 3 (3) Please provide full documentation to prove that this operating 4 agreement meets the Code of Conduct and in particular represents 5 the fair market value for these services. If this agreement does not...

AI summary The text outlines requests for documentation regarding an operating agreement's compliance with the Code of Conduct and its fair market value. It also raises questions about the continued operation of a Power Purchase Agreement (PPA) after NSPI assumes ownership, the role of the PPA in the project, revenue estimates, and how revenue is passed on to rate payers.

N-3-(b)Redacted NSPI Response to UARB IR-12 (att 7-10) to IR-17 22 passages
(System Configuration) Base Station p. pp. 168-177
(System Configuration) Base Station - 1. From Schedule IV , Saskatoon is a metropolitan area. - 2. From Schedule III, Part IV, Item 1 (a) , under "Metropolitan Area", the radio licence fee for a fixed station communicating with a mobile st...

AI summary The text outlines the calculation of radio licence fees for a base station in a metropolitan area, specifically Saskatoon, based on Schedule IV and Schedule III. It details the fees for both annual and short-term (one month) licences, taking into account issuance and monthly fees for transmit and receive frequencies.

Mobile Stations p. p. 175
Mobile Stations - 1. From Schedule III, Part I, Item 5 , under the "Mobile station in the Land Mobile service", the radio licence fee for each mobile is the sum of the issuance fee ( Column II ) $12 plus the monthly fee ( Column III ) whic...

AI summary The text outlines the calculation of radio licence fees for mobile stations under the Land Mobile service. It specifies a standard annual fee of $52.80 per mobile station, based on an issuance fee and monthly fee, and provides a calculation for a short-term one-month licence fee of $15.40 per mobile.

4. The renewal fee (Column IV) for the following year will be: 6 mobiles x $41 = $246. p. p. 175
4. The renewal fee (Column IV) for the following year will be: 6 mobiles x $41 = $246. Frequency (MHz) Channel Licence Fee Calculation Transmit (TX) Receive (RX) Communicating with TX RX Issuance Renewal Monthly / Short-term 160.000 160.00...

AI summary The text provides a calculation for the renewal fee for a communication system based on the number of mobiles and the associated fee per mobile. It also includes a table with details on frequency, channel, and licence fee calculations.

Mobile Station p. p. 177
Mobile Station - 1. From Schedule III, Part I, Item 5 , under the "Mobile station in the Land Mobile service", the licence fee for each mobile is the issuance fee (Column II) , $12 plus the monthly fee (Column III) which is $3.40 times 10...

AI summary The text calculates the licence fees for mobile stations under Schedule III, Part I, Item 5. It includes an issuance fee and a monthly fee, with different calculations for standard and short-term licences.

5. The renewal fee (Column IV) for the following year will be: $116. p. p. 179
5. The renewal fee (Column IV) for the following year will be: $116. Frequency (MHz) Channel Licence Fee Calculation Transmit (TX) Receive (RX) Communicating with TX RX Issuance Renewal Monthly / Short-term 149.000 - paging receivers 1 - $...

AI summary The document specifies a renewal fee of $116 for the following year, associated with a specific frequency and communication channel. It includes a table with details on licensing fees and a total system fee calculation.

Preamble p. p. 179
1. Base Station $151.40 2. Paging Receivers exempt \ Total Fee: $151.40 \ Note: Paging Receivers, under the Radiocommunication Regulations, are exempt from licensing, so there is no licence fee. The radio licence fee applicable to radiocom...

AI summary The text outlines a radio licence fee structure for radiocommunication service providers offering paging services, with a total fee of $151.40. Paging receivers are exempt from licensing under the Radiocommunication Regulations, and the applicable fee is specified in Schedule III, Part V, item 3.

Total Fee Calculation: p. p. 181
Total Fee Calculation: $$($158 \times 2) + (($43.80 \times 2) \times 12) = $1367.20$$ 3. The renewal fee for the following year will be $1052.00 as there are no issuance fees: $$526.00 \times 2 = 1052.00$$ 4. For a short-term licence (one...

AI summary The text outlines calculations for various licence fees, including a yearly renewal fee, a short-term licence fee, and provides a formula for total fee calculation. The calculations involve fixed issuance fees and monthly charges.

Fee Schedule Applicable to Radiocommunication Users for Fixed Stations that Communicate with other Fixed Stations or Space Stations p. p. 181
Fee Schedule Applicable to Radiocommunication Users for Fixed Stations that Communicate with other Fixed Stations or Space Stations Column I Column II Column III Column IV Column V Column VI Item Number of Telephone Channels per Radio Freq...

AI summary The document outlines a fee schedule for radiocommunication users operating fixed stations that communicate with other fixed or space stations. The fees vary based on the number of telephone channels assigned per radio frequency, with increasing costs for higher channel counts.

Fee Schedule Applicable to Radiocommunication Service Providers for Fixed Stations in the Land Mobile Service p. p. 181
Fee Schedule Applicable to Radiocommunication Service Providers for Fixed Stations in the Land Mobile Service Column I Column II Column III Column IV Column V Column VI Item Type of Operation, and Area, Congestion Zone or Coverage Area Iss...

AI summary The document outlines a fee schedule for radiocommunication service providers operating fixed stations in the Land Mobile Service. It includes various fees such as issuance, monthly, renewal, and reinstatement fees based on the type of operation, area, and congestion zone.

Fee Schedule Applicable for Space Stations that Communicate with Fixed Stations or Space Stations p. p. 181
Fee Schedule Applicable for Space Stations that Communicate with Fixed Stations or Space Stations Column I Column II Column III Column IV Column V Column VI Item Number of Telephone Channels per Radio Frequency Assigned to each Transmitter...

AI summary The document outlines a fee schedule for space stations communicating with fixed stations or other space stations, detailing issuance, monthly, renewal, and reinstatement fees based on the number of telephone channels per radio frequency assigned.

Fee Schedule Applicable to Radiocommunication Service Providers for Space Stations that Communicate with Mobile Stations p. p. 181
Fee Schedule Applicable to Radiocommunication Service Providers for Space Stations that Communicate with Mobile Stations Column I Column II Column III Column IV Column V Column VI Item For Each Assigned Transmit or Receive Frequency Issuan...

AI summary This document outlines a fee schedule for radiocommunication service providers operating space stations that communicate with mobile stations. It includes issuance, monthly, renewal, and reinstatement fees for the assigned frequencies.

Medium Congestion Zone p. p. 181
Medium Congestion Zone Column I Column II Column III Column IV Column V Column VI Column VII Column VIII Column IX Column X Column XI 24 (vii) What is the minimum IRR that NSPI would accept and sill recommend this 25 project, i.e. the NSPI...

AI summary The text discusses a request for the minimum internal rate of return (IRR) that NSPI would accept for a project, referred to as the 'hurdle rate.' It also asks for a calculation showing the percentage increase in capital cost needed to achieve this hurdle rate. NSPI's response indicates that the provided capital cost does not include administrative overheads and AFUDC, and that calculations are based on capital cash spending.

REDACTED p. p. 181
REDACTED 1 Request IR-17: 2 3 Reference CONFIDENTIAL Appendix 17, Levelized Cost Analysis 4 5 (a) Please provide an electronic copy of the spreadsheet with all formulae intact. 6 7 (b) Please explain the calculation of the negative numbers...

AI summary The text outlines information requests related to the levelized cost analysis of the Digby Wind Project, including requests for electronic copies of spreadsheets, explanations of negative numbers from 2010, and clarification on the 9.35% figure. It also requests details on revenue requirements under a power purchase agreement (PPA). A response refers to a confidential attachment.

ARTICLE A10 - TIME p. p. 3
ARTICLE A10 - TIME Time shall be construed as being of the essence of the Contract.

AI summary This article emphasizes that time is a critical component of the contract, meaning that adherence to specified timelines is essential and failure to meet them may have significant consequences.

Supplementary Specifications p. p. 3
Supplementary Specifications Supplementary Specifications are the specifications for a specific project which amend or add to the Standard Specifications. 4. Page 7, after definitions for Working Day, add new definitions for Total Amount P...

AI summary The document outlines the process for creating Supplementary Specifications, which are used to amend or add to Standard Specifications for a specific project. It includes an instruction to add a new definition for 'Total Amount Payable' on page 7, following the definition for 'Working Day'.

6. GC 5.4 – BASIS OF PAYMENT FOR COST PLUS WORK p. p. 3
6. GC 5.4 – BASIS OF PAYMENT FOR COST PLUS WORK Page 16, after clause 5.4.2, add the following new clause, renumber subsequent clauses: "5.4.3 The percentage fee as stated in clause 5.4.1 shall be two percent (2%) of the cost plus work, bu...

AI summary Clause 5.4.3 introduces a 2% fee on cost plus work, excluding construction equipment costs that already include overhead and profit. This amendment modifies the basis of payment for cost plus work in the contract.

Section 2453 p. p. 3
- .2 CSA Standards - .1 C156.1, Ceramic and Glass Station Post Insulators - .2 G164, Hot Dipped Galvanized or Irregularly Shaped Articles - .3 W59, Welded Steel Construction (metal-ark welding) - .3 NEMA Standards - .1 Std. SG-6, Power Swi...

AI summary This document outlines the standards and submittal requirements for electrical components, including CSA, NEMA, ANSI/IEEE, and ISO standards, as well as specifications for operation and maintenance data and manufacturer drawings for disconnect switches.

6 PRICES p. pp. 10-57
6 PRICES - 6.1 Quoted prices shall include for delivery to the Place of the Installation during normal working hours including bill of lading as well as receiving report. The Owner shall provide delivery address prior to shipment. The Bidd...

AI summary Section 6 outlines requirements for quoted prices, including delivery terms, tax separation, currency, and quotation validity. It specifies that prices must be in Canadian dollars, include all costs, and remain fixed for 60 days after the closing date for quotations.

1 DEFINITIONS p. pp. 105-106
1 DEFINITIONS - 1.1 "Balance of Plant" means all equipment, tools, labour, and services not directly associated with the supply of the facility wind turbines. - 1.2 "Bidder" means a person, firm or corporation who propose to submit, or who...

AI summary This section defines key terms and acronyms used in the contract for the installation of a Pad Mounted Transformer at the Digby Wind Farm Substation in Nova Scotia. Definitions include roles such as Owner, Vendor, Purchaser, and Engineer, as well as terms related to the contract, delivery, and technical specifications.

6 PRICES p. pp. 108-109
6 PRICES - 6.1 Quoted prices shall include for delivery to the Place of the Installation during normal working hours including bill of lading as well as receiving report. The Owner shall provide delivery address prior to shipment. The Bidd...

AI summary The section outlines requirements for quoted prices in procurement processes, including delivery terms, tax separation, quotation validity periods, and prohibitions against collusion or fraud in the submission of quotations.

.1 The annual interest rate applicable to the contract is [ 2 ]% compounded semi-annually. p. p. 160
.1 The annual interest rate applicable to the contract is [ 2 ]% compounded semi-annually. STANDARD SPECIFICATIONS SECTION 00 53 43 FOR FORM OF AGREEMENT PAGE 4 MUNICIPAL SERVICES JANUARY 2009 .2 Interest shall be calculated on the overdue...

AI summary The text outlines the interest rate and calculation method for a municipal services contract, specifying a semi-annual compounding rate of [2]% and the application of interest on overdue balances from the due date.

Section 3458 p. p. 160
- .8 Formwork: - .1 Forms: to CSA-A23.1, plywood and lumber, clean and free of loose knots, splits or metal. - .2 Form Ties: to CSA-A23.1, removable or snap-off metal ties, fixed or adjustable length. Form ties, tie wire, spacers or other...

AI summary The text outlines specifications for formwork and concrete mix, referencing various Canadian standards and testing methods. It details requirements for materials such as form ties, release agents, and curing compounds, as well as specifications for concrete mix proportions and air content.

N-5Revised Appendix 6 of Application - License to Use Assets and Option Agreement) (inserted in Application) 3 passages
ARTICLE 6 OPTION p. p. 0
- 6.2 Exercise of Option. Unless expired under the terms of Section 6.4 hereof, the Option may be exercised at any time by the Licensee providing the Licensor \vith at least Thirty (30) days written, notice of its intention ,to exercise th...

AI summary This section outlines the process for exercising an option by the Licensee, requiring 30 days' written notice to the Licensor. If the option is exercised, the Licensee can purchase the Optioned Assets under the same terms as the Purchase Agreement, adjusted to reflect the current state of the Project and any necessary changes for compliance with the Income Tax Act (Canada).

ARTICLES MISCELLANEOUS PROVISIONS p. p. 0
ARTICLES MISCELLANEOUS PROVISIONS 8.1 Notices. Any notice or other cOllltuunication required or permitted to be given hereunder frOlll one Party to the other shall be made in \vriting and sent by prepaid registered post, retuln receipt req...

AI summary Section 8.1 outlines the requirements for notices and communications between the Licensor and Licensee, specifying methods such as registered post, hand delivery, or telefax. It defines the addresses for both parties and clarifies the effective dates for delivery.

LAND LEASES (Turbine) p. p. 0
LAND LEASES (Turbine) Land Parcel - Nova Scotia Property Identification Number (HP{D") AssetlDocument Parties Date 30149793 PID Amended and Restated Option Agreement 3240384 Nova Scotia Limited Eileen Frances Brinton February 25, 2010 pro...

AI summary The document outlines land leases and related agreements involving Nova Scotia Power and various individuals and entities, including amended and restated option agreements and purchase agreements dated between February 2010 and December 2009.

N-8Order of the Board dated February 24, 2009 regarding NSPI Revised Code of Conduct 1 passage
Objectives
Objectives To dedicate to the provision of regulated services, in terms of quality and numbers, a management team capable of maintaining a superior level of performance, at the same time as NSPI affiliates are expanding into other business...

AI summary The objective is to ensure the provision of high-quality regulated services by maintaining a capable management team as NSPI affiliates expand into other business activities.

06537Board Decision 6 passages
Preamble p. p. 0
- [1 ] This Decision is made pursuant to a public hearing conducted by the Nova Scotia Utility and Review Board (the "Board") on January 5, 2011, in the matter of an Application by Nova Scotia Power Incorporated ("NSPI", the "Company", the...

AI summary The Nova Scotia Utility and Review Board is considering an application by Nova Scotia Power Incorporated for approval of capital expenditure work orders related to the Digby Wind Project, with a total cost of $82,771,360. The Board must ensure that the expenditures are necessary, justifiable, and beneficial to customers under sections 35 and 52 of the Public Utilities Act.

III CHRONOLOGY p. p. 0
III CHRONOLOGY [16] In NSPl's response to Board IR-1, a detailed description of the history of the DWP, and the events which subsequently occurred, was provided. For ease of reference, following is a summary of that information, along with...

AI summary The chronology section outlines key events in the DWP process, including NSPI issuing an RFP in March 2007 and SkyPower submitting a response in August 2007, though not being selected due to the levelized cost proposed.

2.0 STATEMENT OF PRINCIPLES p. p. 0
2.0 STATEMENT OF PRINCIPLES - 2.1 NSPI will precede any transaction by which it acquires from or provides to an affiliate any goods, services, leases, asset transfers, or other exchanges of value, with a sound, objective, and transparent p...

AI summary NSPI must ensure affiliate transactions are justified through sound analysis and transparent processes, with documentation that demonstrates they are the best option for customers. The Board has expressed concerns over past affiliate transactions and emphasizes the need for a strong code to ensure fair and reasonable rates for customers.

Submissions - Intervenors p. p. 0
ng to do with that." And you doubted that the next panel would know the answers to those questions either because NSPI seemed to be out of the picture at that stage. And I'm just wondering about that. Is that what really happened; all the...

AI summary The discussion centers on Nova Scotia Power Incorporated's (NSPI) involvement in a project and their lack of direct participation in negotiations. NSPI claims they were focused on other projects and trusted their colleagues to manage the process, while another party questions the decision not to put the construction contract out to tender.

[62] The CA questioned the contract price paid to EUS: p. p. 0
nal bidders after the change in the scope of the Project. In the CA's view, EUS merely matched its bid to the engineering estimate. [64] The CA also questioned the timing of the bonus payment to EUS: It is the position of the Consumer Advo...

AI summary The Consumer Advocate (CA) questioned the contract price paid to Electric Utility Service (EUS) and the timing of a bonus payment, arguing that the bonus was not justified as EUS had not met the contract requirements for total completion of the work by December 31, 2010, and substantial completion by December 20, 2010.

Findings p. p. 0
or documentation set out in Sections 7.6 and 7.7. The Board does not accept that, as suggested by NSPI, the documented analysis is comprised in its Application, Evidence and IR Responses. 23 [97] Earlier in this Decision, the Board set out...

AI summary The Board is considering whether it was necessary for Nova Scotia Power to take over the Digby wind project, whether the $82.7 million price is fair and reasonable, and whether this was the best deal for customers. NSPI asserts that the project was necessary based on the evidence provided.

04888Letter enclosing Application 1 passage
Appendix 10 – Digby Wind Farm Construction Contract p. p. 0
Appendix 10 – Digby Wind Farm Construction Contract The commercial terms of the Digby Wind Farm Construction Contract are confidential. The protection of this information is an important element in ensuring NSPI can work with the best poss...

AI summary The Digby Wind Farm Construction Contract's commercial terms are confidential to protect NSPI's ability to negotiate favorable terms with suppliers and maintain competitive pricing for customers. Redacted versions of the contract are provided.

05500Information Requests IR-1 to IR-20 issued to NSPI by the Consumer Advocate 2 passages
Section 7
Consumer Advocate Information Requests to NSPI

AI summary The document outlines information requests made by the Consumer Advocate to Nova Scotia Power Inc. (NSPI) as part of a regulatory proceeding. These requests pertain to various aspects of NSPI's operations and financial practices.

NON-CONFIDENTIAL
NON-CONFIDENTIAL 1 Request IR-13: 2 3 4 Please provide an update to Appendix 11, Tables 4.1–4.4, to include data through September 2010, or the most recent available month. 5 6 Request IR-14: 7 8 9 Please provide an update to Appendix 11,...

AI summary The document contains a series of requests for updates and clarifications related to various appendices and tables in a regulatory proceeding. These requests include providing updated data through September 2010, formulas for computed values, and the spreadsheets used to derive specific appendices.

06128Closing Submission - Avon Group 1 passage
CODE OF CONDUCT
uld be in breach of the fair dealing requirements of the Code of Conduct. This is not to say 10 Transcript, pp.83-84 and see also, Transcript, p. 123 11 Transcript, pp.202-203. 12 Cross-examination ofMs. McKinnon, Transcript, pp.233-234. 1...

AI summary The text discusses concerns about the EUS contract potentially violating the fair dealing requirements of the Code of Conduct. NSPI's justification for the EUS contract is questioned, as the evidence supporting its superiority is limited and based on assumptions that may not fully reflect actual conditions.

06132Closing Submission - NSPI 1 passage
1 2 see these things done and I wanted to see them done well for our customers and that's why I'm here.
1 Transcript, page 183, line 4 – page 190, line 22. 1 2 see these things done and I wanted to see them done well for our customers and that's why I'm here. 3 4 So do I think it's the best deal? I absolutely think it's the best deal and I 5...

AI summary The speaker affirms that the deal reached is the best possible under the circumstances and emphasizes the importance of transparency and acting in the best interests of customers. Concerns about affiliate transactions and ensuring expenditures benefit ratepayers are highlighted.

06135Closing Submission - Consumer Advocate 2 passages
BONUS
BONUS The use ofbonuses is not unusual in commercial contracts. Their main justification, however, is to induce faster or cheaper performance over and above basic contractual obligations. For example, in the two examples where NSPI had pre...

AI summary The document discusses the use of bonuses in commercial contracts, specifically in the context of NSPI and EUS. It argues that the bonus in the EUS contract was not justified as it was tied to basic contractual obligations and not to additional performance. NSPI failed to provide sufficient evidence to support the bonus as the best option for ratepayers.

CONSULTING FEES
CONSULTING FEES Included in the project costsfor which NSPI seeks recovery isthe amount for professional consulting (see response to CA IR-12, Exhibit N-l, Appendix 2, p. 3). According to Mr. Bennett, those fees related to work performed b...

AI summary NSPI is seeking recovery of consulting fees related to legal work for acquiring and reselling a project. However, NSPI acknowledges that some fees should not be passed on to ratepayers as they resulted from a two-step acquisition process.

06179Rebuttal Submission - Consumer Advocate 1 passage
NECESSITY FOR THE BONUS HAS NOT BEENESTABLISHED
NECESSITY FOR THE BONUS HAS NOT BEENESTABLISHED At p. 19 of its closing submission, NSPI contends that the bonus payment was justified on the rationale that bonuses are good business practice and "the incentive was created when 324 NSL sou...

AI summary NSPI argues that a bonus payment was justified as good business practice, citing risk assignment to EUS by 324 NSL. The Consumer Advocate disputes this, stating that evidence does not support the bonus payment. The contract defines 'Substantial Completion' and 'Total Completion' as prerequisites for the bonus, which has not been met.

06180Rebuttal Submission - NSPI 4 passages
Preamble
ng U-5 7 provides full disclosure and answer on this issue. The Consumer Advocate has 8 ignored this evidence, which is the only evidence available to the Board on this 9 topic in this proceeding. 10 11 4. The Consumer Advocate also states...

AI summary The Consumer Advocate is criticized for ignoring evidence regarding the EUS contract price, which was based on an original engineering cost analysis that did not account for revised scope of work. The EUS contract was signed before a revised estimate was available, and the Consumer Advocate's claim that the contract matched the engineering analysis is deemed incorrect.

Section 13
Again, this statement is not supported by the evidence. This statement ignores Undertaking U-2 which was provided by NSPI in answer to the Consumer Advocate's request. Undertaking U-2 provides the only evidence available to the Board on th...

AI summary The Consumer Advocate's statement is not supported by evidence, as Undertaking U-2, provided by NSPI, confirms that the EUS price did not include specific markups on subcontractor work.

& lt;sup>11 Consumer Advocate Closing Submission, page 3.
& lt;sup>11 Consumer Advocate Closing Submission, page 3. 1 8. Page 4 of the Consumer Advocates submission states, "[…] the only evidence we 2 have as to the rationale for the bonus is the statement in Article A3 of the EUS 3 contract (Exh...

AI summary The Consumer Advocate claims there is no evidence regarding the rationale for a bonus in the EUS contract. NSPI refutes this by citing Undertaking U-5, which explains that the bonus was part of a revised contract where EUS bore the risk of late completion. The revised contract included a new completion date and penalties for delays.

2. The P50 assumption is appropriate.
2. The P50 assumption is appropriate. The Avon Group has requested that NSPI file a report on the validity of the P50 assumption prior to the UARB rendering its decision in this matter. Avon seeks to have NSPI correlate the site's actual o...

AI summary The Avon Group requests NSPI to file a report on the validity of the P50 assumption before the UARB's decision. NSPI argues that early data from the first month of production does not provide sufficient evidence to challenge the 10-year P50 yield forecast used in its application. NSPI emphasizes that the Garrad Hassan report provides the best evidence for long-term wind production at the site.

06537Board Decision 6 passages
Preamble p. p. 0
just and reasonable. RS., c. 380, s. 52 - [3] NSPI is a regulated public utility and is the successor to Nova Scotia Power Corporation, a Crown Corporation which was privatized in 1992. As of January 1, 1999, NSPI became the principal subs...

AI summary NSPI, a regulated public utility and successor to a privatized Crown Corporation, is required to seek Board approval for capital expenditures over $250,000. These expenditures are included in the rate base, which influences the rates charged to customers. The Board has implemented procedural changes to increase transparency and public comment on capital work orders.

2.0 STATEMENT OF PRINCIPLES p. p. 0
2.0 STATEMENT OF PRINCIPLES - 2.1 NSPI will precede any transaction by which it acquires from or provides to an affiliate any goods, services, leases, asset transfers, or other exchanges of value, with a sound, objective, and transparent p...

AI summary NSPI must ensure that affiliate transactions are transparent, well-documented, and in the best interest of customers. The Board has expressed concerns about past affiliate transactions and emphasizes the need for a strong Code to ensure fair and reasonable rates. The Board must determine if the DWP affiliate transactions are necessary and beneficial to ratepayers.

Submissions - Intervenors p. p. 0
ng to do with that." And you doubted that the next panel would know the answers to those questions either because NSPI seemed to be out of the picture at that stage. And I'm just wondering about that. Is that what really happened; all the...

AI summary The discussion revolves around Nova Scotia Power Inc.'s (NSPI) involvement in a project, particularly regarding the construction contract not being put out to tender. NSPI claims they were not directly involved in negotiations and had confidence in their colleagues' ability to handle the project. The conversation highlights concerns about the lack of NSPI's involvement during critical stages of the project.

[62] The CA questioned the contract price paid to EUS: p. p. 0
nal bidders after the change in the scope of the Project. In the CA's view, EUS merely matched its bid to the engineering estimate. [64] The CA also questioned the timing of the bonus payment to EUS: It is the position of the Consumer Advo...

AI summary The CA questioned the contract price paid to EUS, noting that EUS merely matched its bid to the engineering estimate. The CA also challenged the timing of a bonus payment to EUS, arguing that the bonus was premature as it had not met the contract requirements for total completion of the work by December 31, 2010, and substantial completion by December 20, 2010.

Findings p. p. 0
or documentation set out in Sections 7.6 and 7.7. The Board does not accept that, as suggested by NSPI, the documented analysis is comprised in its Application, Evidence and IR Responses. 23 [97] Earlier in this Decision, the Board set out...

AI summary The Board is evaluating whether NSPI's acquisition of the Digby wind project was necessary, whether the $82.7 million price is fair and reasonable, and whether it was the best deal for customers. NSPI argues that the project was necessary based on the evidence presented.

Submissions - NSPI p. p. 0
Submissions - NSPI [111] NSPI, in its economic analysis which is discussed later in this Decision, contended that its acquisition of the DWP provides a better outcome for its customers. 28 Exhibit N-1 , Appendix 5 31 Exhibit N-6, pp. 8-9 2...

AI summary NSPI argues that acquiring DWP provides better outcomes for customers, citing lower costs compared to the PPA. Intervenors had limited comments on the PPA, with the DOE noting it may provide good value for ratepayers. The Board considers the economic analysis and potential benefits of ownership versus the PPA structure.

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 →