Topic:"Rates And Money" in M06733

Reserve Fund Balance 2015 2018 2021 2024 ($ millions) $M $M $M $M Costs of Wind Up - 3.1 3.6 4.9 Loss of Cost Synergies 2.4 2.4 2.4 2.4 Impact of External Factors 1.7 1.7 1.7 1.7 Reserve Fund Required 4.1 7.2 7.7 9.0 5. ADDITIONAL ITEMS

AI summary The Reserve Fund Balance table shows the changes in reserve fund requirements from 2015 to 2024, highlighting increasing costs and impacts from various factors such as wind-up costs, loss of cost synergies, and external factors.

Rate Code 2014 Budget Adjusted to UARB Compliance Filing 2014 YTD Expenditures YTD Expenditures as percentage of Full Year Budget $M1,2 $M3 % Residential/Charitable (2,3,4) 26.2 20.6 78.4 Small General (10) 2.5 1.9 74.8 General Demand (11)...

AI summary The table provides a comparison of 2014 budget adjustments aligned with UARB compliance filings and year-to-date expenditures across various rate codes. Expenditures as a percentage of the full-year budget vary significantly, with some categories exceeding 100% and others below 75%.

Assumptions used in ENS's 2016-2018 Rate and Bill Impact Analysis Stakeholder Stakeholder Comment ENSC's Response Inclusion in the model Consumer Advocate The data did attempt to model changes in savings resulting from changes in investmen...

AI summary The Consumer Advocate challenges ENSC's assumption that a 50% reduction in DSM spending would result in a 50% reduction in savings, as this was not modeled. ENSC acknowledges that the 50% Low Case from the IRP was not tested and agrees that the assumption is not supported by modeling. However, ENSC included the scenario for comparison purposes in the rate and bill impact analysis.

This document is intended to provide an overview of the assumptions used in ENS's rate and bill impact analysis. The assumptions were provided to the DSM Advisory Group in advance of the February 27, 2015 filing of ENS's 2016-2018 DSM Reso...

AI summary This document outlines the assumptions used in ENS's rate and bill impact analysis, which were shared with the DSM Advisory Group prior to the February 27, 2015 filing of ENS's 2016-2018 DSM Resource Plan during a meeting on February 4, 2015.

These assumptions are for rate and bill impact analysis purposes only and do not impact ENS's calculation of energy savings. Category Item Assumption Overall Assumption Rate class inclusion/ exclusion The Generation Replacement and Load Fo...

AI summary The text outlines assumptions made for rate and bill impact analysis, excluding certain rate classes and using proposed DSM Resource Plan numbers for calculations. These assumptions are for analysis purposes only and do not affect energy savings calculations.

Appendix D, Attachment 3 1 2 Impacts of DSM on the Large General Rate Class 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Units 3 Incremental DSM Savings 7.5 7.3 7.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0...

AI summary The table details the impacts of Demand Side Management (DSM) on the Large General Rate Class from 2016 to 2030. It shows incremental and cumulative DSM savings, costs, and savings per participant over time, highlighting a decline in savings after 2018 and a decrease in cost per kWh saved.

- 5. Delivering reliable service at least cost is a fundamental tenet of prudent utility service, and lowering both customer usage and marginal system costs through investments in demand-side resources makes electricity bills more affordab...

AI summary The summary highlights the importance of demand-side management in reducing electricity bills and improving affordability. It emphasizes the benefits of Efficiency Nova Scotia's programs, including environmental, economic, and social advantages. The proposed investment in demand-side resources for 2016–2018 is lower than what was considered in the 2014 Integrated Resource Plan.

Fig. 7. Overview of Concerns & Implications for Nova Scotia OUR CONCERNS NESP & NEEP GUIDELINES CONSIDERATIONS FOR NOVA SCOTIA ACCURACY Key assumptions may not reflect deliberate or appropriate choices. Both guidelines insist on need for t...

AI summary The document discusses concerns with the Total Resource Cost (TRC) methodology, including potential bias, lack of transparency, and misalignment with policy goals. It suggests that Nova Scotia should consider alternative frameworks like the Program Administrator Cost (PAC) test for better alignment with best practices and ratepayer value.

- 1. Fix the TRC by addressing its current shortcomings, including through valuation of non-energy benefits to ensure a balanced, symmetrical approach, or - 2. Focus instead on the narrower but simpler ratepayer value perspective, conveyed...

AI summary The text outlines two pathways for addressing the Total Resource Cost (TRC): fixing it by valuing non-energy benefits for a balanced approach or focusing on the simpler ratepayer value perspective conveyed through the Program Administrator Cost (PAC). It emphasizes the need to assess and vet key inputs.

List of Schedules Schedule "A": Electricity Efficiency and Conservation Activities Schedule "B": Compensation

AI summary The document outlines two schedules: Schedule 'A' covers Electricity Efficiency and Conservation Activities, and Schedule 'B' addresses Compensation. These schedules likely provide detailed information on programs and financial arrangements related to energy efficiency and compensation policies.

te Filed: March 27, 2015 E1 (NSPI) IR-11 Page 1 of 7 2016-2018 Supply Agreement for EECA M06733 (E-ENS-R-15) E1 Responses to NSPI Information Requests NON-CONFIDENTIAL 1 b) As shown in ENS’s rate and bill impact analysis, for total custome...

AI summary The document discusses the impact of different Demand Side Management (DSM) scenarios on average customer bills, showing that increased investment in DSM reduces bills, while reduced investment increases them. It references ENS’s rate and bill impact analysis and provides examples from the Small General rate class.

ral rate class tables is provided below. The orange line is the 23 average rate impact of the alternative scenario; the red dashed line is the impact of ENS’s 24 proposed Plan. 25 Date Filed: March 27, 2015 E1 (NSPI) IR-11 Page 4 of 7 2016...

AI summary The text references rate class tables and visual representations of rate impacts, including an orange line representing the average rate impact of an alternative scenario and a red dashed line representing the impact of ENS’s proposed Plan. It also includes filing dates and references to a 2016-2018 Supply Agreement for EECA and responses to information requests.

Woolf www.synapse-energy.com ©2013 Synapse Energy Economics Inc. All rights reserved. Date Filed: March 27, 2015 NSPI IR-12 Attachment 1 Page 2 of 26 Rate Impacts of Energy Efficiency Programs • Concerns about rate impacts are possibly the...

AI summary The document discusses concerns about the rate impacts of energy efficiency programs, emphasizing that while average bills may decrease, some customers face higher rates. It highlights the importance of analyzing participation rates and implementing regulatory policies to address customer equity and optimize benefits for all.

NSPI IR-12 Attachment 1 Page 6 of 26 Breakdown of Current Rates Components of Rates Tim Woolf - Energy Efficiency: Rates, Bills and Participation Impacts Slide 6 Date Filed: March 27, 2015 NSPI IR-12 Attachment 1 Page 7 of 26 Forecast of R...

AI summary The document presents a breakdown of current rates and a forecast of rates without energy efficiency programs, showing components such as distribution, transmission, generation, and other costs over the years from 2015 to 2027.

ls and Participation Impacts Slide 7 Date Filed: March 27, 2015 NSPI IR-12 Attachment 1 Page 8 of 26 Residential Rate Impacts – by Components 2 .0 - Transmission - Lost Revenue Recovery - Dist ribut ion - lost Revenue Recovery - Energy Eff...

AI summary The slide presents residential rate impacts, highlighting components such as transmission and distribution lost revenue recovery, energy efficiency charge, avoided transmission, avoided distribution, avoided capacity, and price suppression. The average rate impact is also shown, with a net rate impact and average rate impact visualized in a chart.

- Net Rate Impact 8% ······Average ra te impact ~ 6% .5 4% to II: ru 2.1% 5 2% 0% -2% Tim Woolf - Energy Efficiency: Rates, Bills and Participation Impacts Slide 9 Date Filed: March 27, 2015 NSPI IR-12 Attachment 1 Page 10 of 26 Residentia...

AI summary The slides present a visual representation of net rate impact and residential bill impacts by program, showing average rate impact and the effect of various energy efficiency programs on customer bills. The data includes categories like new construction, home retrofit, HVAC, appliances, lighting, and home energy reports.

ling of its initial rate and bill 24 impact analysis in 2013, from March until October, and its subsequent request to file historical 25 rate and bill impact analyses in October of each year). ENS has already consolidated it on a rate- 26...

AI summary The document discusses the consolidation of rate and bill impact analyses by ENS on a rate-class and per-program basis, which has already been provided to NSPI and stakeholders. Repeating the work on a per-customer basis is not feasible within the timeframe of the proceeding. ENS is planning system enhancements to better track data.

2013 3.0% 2014 2.5% 2015 2.0% Date Filed: March 27, 2015 E1 (NSPI) IR-41 Page 1 of 1 2016-2018 Supply Agreement for EECA M06733 (E-ENS-R-15) E1 Responses to NSPI Information Requests NON-CONFIDENTIAL 1 Request IR-42: 2 3 Please provide cop...

AI summary The document outlines a request (IR-42) by E1 to NSPI for documentation related to wage rate increases and compensation guidelines from 2011 to 2018. E1 provided several attachments, including HayGroup reports and a Statistics Canada report, and referenced EfficiencyOne’s Compensation Statement of Practice and Procedure for 2016-2018.

d NOTES: Insufficient data Sector: Separated Job levels: Clerical/Ops (non-union) Revenue: Combined Maritimes projections are NS, NB & PEI © 2014 Hay Group. All Rights Reserved 48 Date Filed: March 27, 2015 NSPI IR-42 Attachment 2 Page 49...

AI summary The document contains base salary projections for clerical and operations (union) positions in the Industrial, Financial, and Broader public sectors, with percentages ranging from 1.5% to 5% across different job levels. The data includes projections for Nova Scotia, New Brunswick, and Prince Edward Island.

ervisory/junior Clerical/operations Clerical/operations management seasoned prof. professional (non-union) (union) Compensation elements: Salary Sub-sector: Combined Approved & not Including 0%: Yes Geographies: Saskatchewan yet approved:...

AI summary The document contains salary projections for different sectors in Ontario, including industrial, financial, and broader public sectors, with percentage increases ranging from 1% to 4% as of March 27, 2015.

2.1% 2% 1.7% 1% 0% Executive/senior Middle mgmt./ Supervisor/junior Clerical/operations Clerical/operations management seasoned prof. professional (non-union) (union) Compensation elements: Salary Sub-sector: Combined Approved & not Includ...

AI summary The document presents base salary projections for various sectors and job levels in Québec, including percentages of increase across different sub-sectors and job categories. It includes data for industrial, financial, and broader public sectors, as well as comparisons to national averages.

March 27, 2015 NSPI IR-42 Attachment 2 Page 58 of 67 Base salary projections by geography – including and excluding 0% 2015 projections including 0% 2015 projections excluding 0% 5% National average 4% 2.6% 3.1% 3.2% 3% 2.9% 2.9% 2.6% 2.6%...

AI summary This document contains salary projections for 2015, comparing figures that include and exclude a 0% adjustment, with data broken down by geography and compensation elements. The projections include notes about the Maritimes and the number of organizations represented.

58 Date Filed: March 27, 2015 NSPI IR-42 Attachment 2 Page 59 of 67 Variable pay design (as a % of base salary) – public vs. private Private Pure public Other public 50% 44% 40% 30% 23% 20% 18% 15% 13% 11% 10% 8% 6% 7% 6% 6% 5% 0% Senior m...

AI summary The document presents data on variable pay design as a percentage of base salary, comparing public and private sector organizations, with detailed breakdowns by employee category and plan type for STI eligible organizations.

Appendix 2: HR Practices and Priorities Date Filed: March 27, 2015 NSPI IR-42 Attachment 2 Page 65 of 67 Reward priorities Public Sector FAV DIFF Adequately reward high performers in our 62% 19% 18% -12 organization Well defined total rewa...

AI summary The text outlines NSPI's reward priorities, emphasizing the importance of adequately compensating high performers, having a well-defined total reward approach, and using formal market data to assess compensation competitiveness. The data reflects varying levels of agreement among respondents.

5 NSPI IR-42 Attachment 3 Page 1 of 2 Statistics Canada Home Summary tables - Related tables: .Consumer price indexes Consumer Price Index, by province (Nova Scotia) 2014 2013 2012 2011 2010 100=2002 .N.S 128.8 126.6 125.1 122.7 118.2 All-...

AI summary The document presents historical Consumer Price Index (CPI) data for Nova Scotia from 2010 to 2014, showing changes in prices across various categories such as food, shelter, transportation, and more. The CPI is indexed to 100 in 2002, with the data indicating inflation trends over time.

Alcoholic beverages and tobacco 4.9 2.9 1.7 2.8 5.1 products Special aggregates 1.9 1.1 1.7 3.6 2.3 All-items excluding food 1.6 1.3 1.3 2.3 1.8 All-items excluding energy .Note: Annual average indexes are obtained by averaging the indexes...

AI summary The document provides statistical data on consumer price index (CPI) categories such as alcoholic beverages, tobacco, and special aggregates, along with information on the methodology and sources for these indexes. It also includes a statement of practice and procedure related to compensation, dated March 27, 2015.

Effective Date: January 1, 2013 Revision March 13, 2015 January 1, 2015 Date Prepared by: Approved by: David Thomson Allan Crandlemire Director Human Resources & Chief Executive Officer Administration PHILOSOPHY EfficiencyOne is committed...

AI summary EfficiencyOne outlines a compensation philosophy focused on rewarding high performance, ensuring internal and external equity, and maintaining competitiveness within the Nova Scotia labour market at the 50th percentile. The policy applies to all permanent employees and emphasizes fair salary structures based on roles and responsibilities.

at each job is correctly assigned to one of 12 pay grades through the job evaluation process, and by maintaining an appropriate pay differential between the minimum and maximum rate of each pay grade. The job evaluation process is a critic...

AI summary The document outlines the job evaluation process used to assign positions to 12 pay grades based on factors like skill, effort, and responsibility. It also discusses external equity through annual reviews of the consumer price index and market trends, with recommendations approved by leadership and the board.

EfficiencyOne's Ability To Pay Performance M at rix • M ake Recommendat ions To ELT • Review & Approve Review And Approve Final ..... -I Recommendations From HR 4 Pay Changes For - N~ UJ • Make recommendation t o Employees t he Board of Di...

AI summary The document outlines a process involving EfficiencyOne's ability to pay, with key steps including making recommendations to the Executive Leadership Team (ELT), reviewing and approving recommendations from HR, and the Board of Directors approving market increases and other recommendations from ELT.

NON-CONFIDENTIAL 1 Request IR-46: 2 3 (a) Please provide, as applicable, total annual cost (historical and forecasted/budgeted) 4 for benefits offered by E1 and ENS (as applicable) for each of the years 2011 to 2018 5 inclusive. 6 7 (b) Pl...

AI summary The response to Request IR-46 provides historical benefit costs for the years 2011 to 2015, including statutory, dental, and pension costs, as well as their percentage of total payroll. It also notes that 2016-2018 data will be available after the UARB’s decision on the DSM Resource Plan.

2015 E1 (NSPI) IR-46 Page 1 of 1 2016-2018 Supply Agreement for EECA M06733 (E-ENS-R-15) E1 Responses to NSPI Information Requests NON-CONFIDENTIAL 1 Request IR-47: 2 3 (a) Please provide the annual cost for Directors fees incurred or fore...

AI summary The document provides a response to information requests regarding Directors' fees for the DSM portion from 2011 to 2015, with no data available for 2016 to 2018. The table details the breakdown of honorarium, meeting fees, employer share, and total directors' fees for each year.

ium ($) (Full Day) Committee) 2011 Actual 945 352 701 2012 Actual 919 (27) -3% 334 (19) -5% 600 (101) -14% 2013 Actual 1,027 108 12% 316 (18) -5% 568 (32) -5% 2014 Actual 1,027 - 0% 316 - 0% 568 - 0% 2015 Budget 1,009 (17) -2% 311 (5) -2%...

AI summary The table presents actual and budgeted figures for various financial metrics from 2011 to 2015, showing fluctuations in values over time. The data includes percentages of change and is labeled as 'Full Day' and 'Committee'. The document was filed on March 27, 2015, and is labeled as E1 (NSPI) IR-47 Page 2 of 2.

DATE FILED: April 10, 2015 Page 39 of 51 1 6.0 FORM OF AGREEMENT 2 3 Since September 2014, NS Power worked to negotiate a Supply Agreement with E1 that 4 served the best interests of NS Power's customers taking into account the issues of b...

AI summary NS Power negotiated a Supply Agreement with E1 but could not agree on key terms, including the quantity and cost of DSM deliverables. NS Power does not support the proposed level of DSM or its associated contract price, finding it inconsistent with Canadian standards and unaffordable for ratepayers.

51 EfficiencyOne Evidence, February 27, 2015, Appendix D, page 2. 1 9.0 RESERVE FUND 2 3 E1 has requested UARB approval of the establishment of a reserve fund. In support of its 4 Application, E1 identifies a number of areas of risk, inclu...

AI summary EfficiencyOne (E1) has requested approval from the Utility and Review Board (UARB) to establish a reserve fund to mitigate various risks, including franchise termination, reduced funding, and market risks. Nova Scotia Power opposes the proposal, arguing that E1 should bear the financial risks and that many risks can be managed through effective operations or regulatory processes. The Province also emphasizes that E1 should be responsible for program performance and cost overruns.

NON-CONFIDENTIAL 1 Request IR-5: 2 3 Reference: 2016-2018 DSM Plan NS Power Evidence Appendix B 4 - 5 Please provide residential increases in rates and Fuel Adjustment Mechanism charges in - 6 both absolute and percentage terms since 2011?...

AI summary The document includes a request (IR-5) asking for residential rate increases and Fuel Adjustment Mechanism charges since 2011, in both absolute and percentage terms, along with a reference to the 2016-2018 DSM Plan evidence appendix.

Major Expenditures ($M) \ $ Increase % Increase 2011 2012 2013 2014 (2014 v 2011) (2014 v 2011) Salaries 113.2 109.1 112.9 114.8 1.6 1% Contracts & Consulting 58.9 60.5 53.2 61.1 2.3 4% Pension 41.1 51.5 58.3 49.6 8.5 21% Fuel 547.6 494.9...

AI summary The table outlines major expenditures for Nova Scotia Power Inc. from 2011 to 2014, showing increases and decreases in various categories such as salaries, pensions, fuel, and capital. Fuel costs decreased by 7%, while pensions increased by 21%.

NON-CONFIDENTIAL 1 Request IR-16: 2 3 Reference: Feb 2015 Presentation, page 8: 4 5 Regarding the statement that "While total avoided transmission and distribution costs are 6 not included, it is recognized that these components do contrib...

AI summary The document outlines a request for information regarding avoided transmission and distribution (T&D) costs by Nova Scotia Power Inc. (NSPI) and the response indicating that no formal study on T&D avoided costs has been prepared by the company.

$173 Levelized Energy Cost 2015-2039 ($/MWh)

AI summary The document presents a Levelized Energy Cost projection from 2015 to 2039, measured in dollars per megawatt-hour, providing a financial outlook for energy production over this period.

Combined customers for NLPower and Nalcor Number of 2015 Planned Population in Customers in 16 Statistics Canada, http://www.stats.gov.nl.ca/statistics/population/PDF/Annual_Pop_Prov.PDF, accessed February 4, 2015 17 Statistics Canada, CAN...

AI summary The document provides statistical data on the number of customers for NLPower and Nalcor, including population and customer figures, with references to sources such as Statistics Canada and BC Hydro Quick Facts. The data includes a planned 2015 figure and other related metrics.

ELECTRONIC 2016-2018 DSM Plan CA IR-30 Attachment 3 Page 1 of 3 $/kWh I $/KWh \ can no if ITCs t be HST a adjusted claime d 2011 As Filed by NSP 2011 Actuals $ 0.26 0.29 $ 0.29 $ 0.03 $ $ 0.26 0.26 2012 As Filed 2012 Actuals $ $ 0.35 0.30...

AI summary The document presents a table detailing various financial figures related to the 2016-2018 DSM Plan, including proposed and actual costs per kWh, adjustments based on ITC eligibility, and HST considerations. It also notes that actuals do not reflect real transfers from NS Power to ENS and highlights the impact of ITC approval on unit costs.

Cost per installed DSM ($/kWh) $/k Wh Yea r Fir st $M GW So e fo r S h din urc pen g So e fo r S avi urc ngs 201 1 a s F iled by NS P $ 6 90$ 0.2 41. 158 .5 N SP Ev ide for 20 11 DS M P lan , Pa 10, Fig 3.2 nce ge ure NS P E vid e fo r 20...

AI summary The document presents a table detailing the cost per installed DSM ($ per kWh) from 2011 to 2018, including submitted values, funding, and supporting evidence for each year's DSM Plan. It also references various evidence documents and figures from the 2016-2018 DSM Plan.

Derivation of Figure of Figure 3.6 CRP1-1 FGD CRP2-1 CRP2-17 FGD CRP3-1 CRP4-1 CRP4-1 FGD CRP5-1 CRP6-1 CRP7-1 CRP8-1 CRP9-1 CRP9WC CRP10-1 CRP31-1 CRP21-1 (FGD WIND) CRP32-1 (FGD PPA) NPV 2020 $3,907 $4,049 $4,049 $4,049 $4,065 $4,065 $4,...

AI summary The text presents a table with NPV values and percentages for various projects (CRP1-1 to CRP32-1) across different time periods (2020, 2030, Planning Period, Study Period) and ranks them numerically. The data reflects financial evaluations and comparisons for different resource planning scenarios.

ELECTRONIC 2016-2018 DSM Plan CA IR-30 Attachment 7 Page 2 of 2 Derivation of Figure 3.8 Partial Revenue Requirements:

AI summary This text refers to the derivation of Figure 3.8, which is related to partial revenue requirements in the context of the 2016-2018 DSM Plan. It is part of an attachment submitted by the Consumer Advocate (CA) to the Nova Scotia Utility and Review Board (NSUARB).

Fuel and Purchased Power, Thermal and Hydro O&M, Capital for new resources in the plan, DSM program administrator costs, sustaining capital (k$) Half Low Base Base - CRP Mid/FGD cents/kWh CRP1-1-FGD CRP2-1 CRP2-17-FGD No DSM Plan CRP Mid/F...

AI summary The document presents a table comparing various scenarios for fuel and purchased power costs, including different Integrated Resource Plan (IRP) scenarios, Demand Side Management (DSM) plans, and their respective impacts on costs over time from 2015 to 2039. Percent changes relative to the CRP 2 baseline are also detailed.

Annual Revenue Requirements for each of the Resource Plans shown in Figure 4.1 No DSM Plan CRP01-01-FGD-R01 Low DSM CRP2-17 FGD CRP Mid DSM/FGD Half-Low DSM Base DSM (Synapse Model) k$ k$ k$ k$ k$ 2015 629,462 650,868 648,296 672,897 677,6...

AI summary The document presents annual revenue requirements for various resource plans, including No DSM Plan, CRP01-01-FGD-R01, Low DSM, CRP2-17 FGD, and CRP Mid DSM/FGD, from 2015 to 2039. It also includes NPV and PV values for these plans. The data shows the financial implications of different demand-side management strategies over time.

- 3 What is the present expectation of NSPI as to what its revenue requirements will be over - 4 the next five years including 2015 (being the years 2015 through 2019)? Provide all - 5 evidence, studies or analysis relevant to NSPI's expec...

AI summary NSPI outlines its revenue requirements expectations from 2015 to 2019, referencing the 2014 IRP and suggesting that a no DSM scenario is the lowest cost option through 2020, while a DSM plan with lower costs offers better affordability and cost effectiveness beyond 2030. The company requests E1 to examine various program combinations for better DSM affordability during 2016–2018.

2016-2018 DSM Plan (NSUARB M06733) NSPI Responses to Consumer Advocate Information Requests 1 Request IR-40: 2 3 To the extent that a proposed expenditure will increase rates does that mean that the 4 expenditure is not affordable or is no...

AI summary The document discusses the 2016-2018 DSM Plan and NSPI's response to a consumer advocate's information request regarding rate affordability. It explains that rate increases are evaluated through the GRA process, with affordability being a key consideration, particularly in the context of DSM programs under the Nova Scotia Public Utilities Act.

NON-CONFIDENTIAL 1 Request IR-7: EfficiencyOne NSPI EfficiencyOne NSPI EfficiencyOne NSPI EfficiencyOne NSPI 885 885 973 973 948 948 2,807 2,807 4,123 1,200 4,671 1,200 5,015 1,200 13,810 3,600 2,686 ‐ 2,724 ‐ 2,487 ‐ 7,898 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐...

AI summary The table presents financial and energy-related data under Request IR-7, comparing figures for EfficiencyOne and NSPI across different scenarios. It includes metrics such as GWH, MW, and TRC, with scenario 'A' involving the elimination of TRC's < 1.0 and its impacts on energy and financial outputs.

17 (a) (b) (b) (c) (d) Revenue Return on Regulated Net Approved Regulated Requirement Equity Earnings Range of Common ($M) (%) ($M) Return (%) Equity (%) 2005 999.9 8.70% 100.3 9.3% - 9.8% 38.1% 2006 1,106.6 9.60% 107.4 9.3% - 9.8% 39.4% 2...

AI summary The table presents revenue requirements, return on equity, regulated net earnings, and approved range of return percentages for various years from 2005 to 2014. It also references the 2016-2018 DSM Plan (NSUARB M06733) and NSPI's responses to EfficiencyOne Information Requests.

ELECTRONIC 2016-2018 DSM Plan EOne IR-25 Attachment 1 Page 3 of 3 REDACTED (CONFIDENTIAL INFORMATION REMOVED) 2013 Annual Average Exchange rate 1 CAD= 1.071 USD Source: U.S. IRS 2013-2015 CAD inflation 1 2013 CAD= 1.022 2015 CAD Target ann...

AI summary The text provides exchange rate and inflation data from 2013 to 2016, including the CAD to USD exchange rate and inflation rates, sourced from the U.S. IRS and the Bank of Canada.

NON-CONFIDENTIAL 1 Request IR-41: 2 3 Reference: NS Power's Evidence, Page 48, lines 19-21. 4 5 (a) Given that the current cost allocation methodology approved by the UARB provides 6 for true-up in the form of a Balance Adjustment at a rat...

AI summary The document presents a request (IR-41) asking NS Power whether the current cost allocation methodology with true-up at the rate-class level should remain, and how an overall true-up can be avoided. The response refers to NSUARB IR-2(b) for further details.

NON-CONFIDENTIAL 1 The regulatory framework, reporting obligations and practices applicable to NS Power have been 2 developed under the Board's oversight following decades of operation as a vertically integrated 3 public utility. Given thi...

AI summary The document discusses NS Power's regulatory framework and its opposition to the energy conservation utility establishing a reserve fund. NS Power argues that recovery is based on incurred or accrued costs, consistent with Generally Accepted Accounting Principles, and that a reserve would impose incremental costs on customers.

5 UARB, in absolute and percentage terms. FAM Amounts as a percentage of Base Cost Rate Revenues in 2015 Rate Class Revenues at base cost rates FAM Amounts FAM Amounts as a percentage of Revenue FAM AA FAM BA Total FAM AA FAM BA Total Resi...

AI summary The table presents the Fuel Adjustment Mechanism (FAM) amounts as a percentage of base cost rate revenues across various rate classes in 2015. It highlights the distribution of FAM AA, FAM BA, and total FAM amounts relative to revenue for different customer segments.

3.5.2.1 Findings [71] The CA summarized his view of the purpose of a DSM program: The basic purpose is to reduce the level of energy required by Nova Scotia in the future, both short and long term. DSM programs are an integral component in...

AI summary The Consumer Advocate emphasizes the importance of DSM programs in reducing energy demand and supporting Nova Scotia's energy strategy. The Board expresses concerns with NSPI's plan, noting reduced residential spending and a disconnect with the IRP, while favoring El's plan for better alignment with the PUA and long-term cost savings.

3.13 Costs [1281 The EAC seeks costs in this proceeding in the amount of $27,500. The EAC is a non-profit organization and would qualify for costs under the Board's Costs Rules. The Board did find the evidence provided by the EAC's witness...

AI summary The EAC is seeking costs of $27,500 in the proceeding. As a non-profit, it may qualify for costs under the Board's rules. The Board found the EAC's witness helpful but reserves the right to determine costs, noting it is unlikely to reimburse employee salaries.

IN WITNESS THEREOF , the Parties have duly executed this Agreement, in duplicate, as of the date set forth above. NOVA SCOTIA POWER INCORPORATED Per: Name: Witness. Title: Per: Witness Name: Title: EFFICIENCYONE 6.1 Per: Sur Mado Id Chilqu...

AI summary This document is a witness statement and agreement executed by Nova Scotia Power Incorporated and EfficiencyOne. It includes sections with names and titles of witnesses and executives, though many fields are left blank or incomplete.

The figure below identifies the net Contract Price to be paid by NSPI allocated for each year of the Term........... ................... 2016 2017 2018 Total UARB Approved $33,210,000 $34,020,000 $34,920,000 $102,150,000 Balance Adjustment...

AI summary The table outlines the net Contract Price to be paid by NSPI for each year of the Term, including adjustments and the total amount. It also mentions that any surplus realized by EfficiencyOne in meeting Performance Targets must be reported to the UARB and refunded to NSPI unless directed otherwise.

1 The term "Balance Adjustment" refers to the 2014 surplus of DSM funds in the amount of $8,518,030 that is to be returned by EfficiencyOne in accordance with the UARB-approved cost-allocation methodology. The return of the Balance Adjustm...

AI summary The text discusses the return of a 2014 surplus of DSM funds in the amount of $8,518,030 by EfficiencyOne, which is to be accounted for through a reduction in the 2016 portion of the Contract Price. The total payment by NSPI to EfficiencyOne over the Term shall not exceed $93,631,970.

II. Payments . In accordance with Section 4.3 of the Agreement, the monthly payments to be made by NSPI to EfficiencyOne over the Term, accounting for the Balance Adjustment, shall be as set out below. The monthly payment amounts referred...

AI summary The document outlines monthly payments to be made by Nova Scotia Power Incorporated to EfficiencyOne, as per Section 4.3 of the Agreement, with adjustments for the Balance Adjustment. These payments are exclusive of HST, which will be remitted separately.

On the First Business Day of: 2016 20173 20184 Total January $0 $2,900,436 $2,977,167 February $0 $2,641,338 $2,711,215 March $0 $2,833,345 $2,908,301 April $2,596,090 $3,010,077 $3,089,709 May $2,483,522 $2,544,095 $2,611,400 June $2,307,...

AI summary The table shows payments made by NSPI for the years 2016, 2017, and 2018, with a total of over $93 million. A note explains that 2017 payments will be adjusted based on 2015 under-spending by EfficiencyOne and interest earned from the 2014 Balance Adjustment.

General Provisions 15. This Agreement binding is executors assigns. and the on their Parties, administrators, successors, Executed this and delivered of 5th day 0ctober , 2015. EfficiencyOne Nova Scotia Power Incorporated By f By: jvJ^>\ N...

AI summary This section outlines the general provisions of an agreement between EfficiencyOne and Nova Scotia Power Incorporated, executed on October 5, 2015. It includes binding terms and parties involved, with placeholders for names and titles.

"Schedule 1" Tre transferrent in late lines identificant to enjoyment freeziet. Sector intelligiet (restitut conscipration and finite originates to program into less Millsmett Assiste 2016 (1) Report Claffice Commerciary argued desurbs Ass...

AI summary The text discusses a report from 2016 by Millsmett and Assiste, which includes commercial arguments and assumptions, as well as the status of parliamentary indicators by rate class. It appears to be part of a regulatory proceeding.

DATE FILED: July 8, 2015 Page 4 of 50 1 2.0 DSM IN NOVA SCOTIA 2 3 NS Power's Evidence demonstrates DSM spending in Nova Scotia is higher than any 4 other jurisdiction in Canada on a per capita basis and among the highest on a per 5 custom...

AI summary NS Power's evidence shows Nova Scotia has the highest per capita and per customer DSM spending in Canada. The document notes that Nova Scotia's leadership in environmental emissions, renewable energy, and COMFIT has contributed to high electricity rates. This leadership was driven by aggressive government policies to control emissions and develop renewable energy.

Salaries Catherine Abreu, Energy Coordinator Subtotal Salaries 5,000 Payroll Taxes & Employee Benefits 355 Subgrants to other organizations none Subtotal subgrants 0 Travel, Conferences & Meetings none Subtotal travel conferences and meeti...

AI summary The document outlines a budget for a project or program, detailing salaries, payroll taxes, employee benefits, and an overhead cost. The total budget amounts to 6,090, with no subgrants, travel, or other professional services expenses reported.

2 3 On July 8, 2015, Nova Scotia Power Inc. (NS Power or the Company) filed its Closing 4 Submission in this matter. Closing submissions were also filed by EfficiencyOne (E1), 5 the Nova Scotia Department of Energy (DOE), the Consumer Advo...

AI summary NS Power submitted a reply to closing submissions in a regulatory proceeding, stating it will not address all issues raised but will focus on key points. It asserts that unaddressed issues should not be seen as acceptance, and relies on its prior submissions and evidence.

5.2 Cost Pressure E1 states that, "the level of DSM in the Quantum Agreement – on its own – will not impact rates. This is an important short-term affordability consideration." NS Power submits that this statement is a misrepresentation of...

AI summary E1 claims that DSM in the Quantum Agreement won't impact rates, but NS Power argues this is a misrepresentation, stating that all costs, including DSM, affect rates. NS Power also provided evidence on additional cost pressures over the next three years.

56 Exhibit E-62, Consensus Settlement Agreement – E1, NS Power, CA, SBA, IG, AEC & EAC, June 16, 2015. 57 E1 Closing Submission, July 8, 2015, page 6, lines 8-11. 1 In order to avoid any ambiguity with respect to the 2014 Balance Adjustmen...

AI summary NS Power requests the Board's decision to reflect a consensus that the 2014 Balance Adjustment should be applied to DSM costs and recommends similar treatment for the 2015 balance adjustment to benefit customers. NS Power also seeks approval of the Non-Financial Settlement Agreement.

3.13 Costs [1281 The EAC seeks costs in this proceeding in the amount of $27,500. The EAC is a non-profit organization and would qualify for costs under the Board's Costs Rules. The Board did find the evidence provided by the EAC's witness...

AI summary The EAC is seeking costs of $27,500 in the proceeding. As a non-profit, it qualifies for costs under the Board's rules. The Board found the EAC's witness helpful and directed El and the EAC to resolve the issue. If unresolved, the Board may determine costs, though it is unlikely to reimburse EAC employee salaries.

17 Quantum Board Reduction from Application Agreement Approved Application Year ($M) 1 ($M) 1 ( $M ) (%) 2016 38.5 36.9 33.21 13.7 2017 41.2 38.6 34.02 17.4 2018 44.5 40.5 34.92 21.5 Cumulative Total 124.2 116.0 102.15 17.8 18 19 Investmen...

AI summary The table shows the Quantum Agreement and Board-approved investment levels for 2016 to 2018, with reductions from the original application. Investment levels are expressed in nominal dollars for comparison, as the Board's Decision approved investments in nominal dollars.

25 The figure below identifies the net Contract Price to be paid by NSPI allocated for each year of 26 the Term. 2016 2017 2018 Total UARB Approved $33,210,000 $34,020,000 $34,920,000 $102,150,000 Balance Adjustment1 ($8,518,030) nil nil (...

AI summary The text presents a table showing the net Contract Price to be paid by NSPI for each year of the Term, including the UARB Approved amounts and balance adjustments. The total net contract price is listed as $93,631,970.

35 II. Payments In accordance with Section 4.3 of the Agreement, the monthly payments to be made by NSPI to EfficiencyOne over the Term, accounting for the Balance Adjustment, shall be as set out below. The monthly payment amounts referred...

AI summary NSPI is required to make monthly payments to EfficiencyOne as outlined in Section 4.3 of the Agreement, with the amounts exclusive of HST, which must be remitted separately.

n, proceeding or claim; and (iii) any costs, liabilities or damages arising out of a settlement of a claim by the indemnified party, with or without the consent of the indemnifying party. (q) " Law " means the common law, the law of equity...

AI summary This text defines key legal terms and provisions related to liability, law, and personal information in a contractual agreement between EfficiencyOne and NSPI. It outlines indemnification obligations, the scope of 'Law,' and definitions of terms such as 'Party' and 'Personal Information.'

9. EFFICIENCYONE'S COVENANTS - 9.1 EfficiencyOne warrants, covenants and agrees with NSPI that: - (a) it has all requisite capacity and authority to execute, deliver and perform its obligations under this Agreement; - (b) this Agreement ha...

AI summary EfficiencyOne has made several warranties and covenants to NSPI, including that it has the necessary capacity and authority to fulfill its obligations under the agreement and that the agreement is legally binding.

20. DEFAULT AND TERMINATION - 20.1 This Agreement may be terminated immediately by either Party, in whole or in part, upon the happening of one or more of the following events: - (a) EfficiencyOne's Franchise is terminated and the Agreemen...

AI summary This section outlines the conditions under which the Agreement may be terminated, including by the UARB or due to EfficiencyOne's franchise termination. It also defines Events of Default, such as breach of terms, bankruptcy, or asset transfers, and outlines the obligations of EfficiencyOne upon termination, including the return of monies and provision of transition assistance.

26. GENERAL - 26.1 This Agreement shall only be renewed in accordance with the provisions of the Act. - 26.2 This Agreement shall extend to, be binding upon and enure to the benefit of the respective successors and permitted assigns of the...

AI summary This section outlines the general terms of the agreement between EfficiencyOne and NSPI, including governance, jurisdiction, enforcement, and language requirements. It emphasizes that the agreement is governed by Nova Scotia and Canadian law, and that any modifications must be approved by the UARB.

50 the Term. 2016 2017 2018 Total UARB Approved $33,210,000 $34,020,000 $34,920,000 $102,150,000 Balance Adjustment1 ($8,518,030) nil nil ($8,518,030) Net Contract Price to be Paid by NPI2 $24,691,970 $34,020,000 $34,920,000 $93,631,970 51

AI summary The table shows the UARB-approved amounts and adjustments related to a contract price to be paid by NPI over the years 2016 to 2018. The approved amounts increased annually, while a balance adjustment in 2016 reduced the net contract price.

59 II. Payments In accordance with Section 4.3 of the Agreement, the monthly payments to be made by NSPI to EfficiencyOne over the Term, accounting for the Balance Adjustment, shall be as set out below. The monthly payment amounts referred...

AI summary The text outlines the monthly payments to be made by Nova Scotia Power Incorporated (NSPI) to EfficiencyOne, as per Section 4.3 of the Agreement, with adjustments for the Balance Adjustment. These payments are exclusive of HST, which will be remitted separately.

16. INSURANCE - 16.1 EfficiencyOne shall obtain, maintain and pay for, during the entire Term of this Agreement, the following minimum insurance coverage as follows, such insurance as it relates to this Agreement shall be in a form and fro...

AI summary This section outlines the insurance requirements that EfficiencyOne must obtain and maintain during the agreement's term, including general liability, environmental impairment, automobile liability, property, professional liability, and workers' compensation insurance. NSPI may also procure insurance on EfficiencyOne's behalf if not provided, and EfficiencyOne must provide annual proof of insurance.

IN WITNESS THEREOF , the Parties have duly executed this Agreement, in duplicate, as of the date set forth above. NOVA SCOTIA POWER INCORPORATED Per: Name: Witness Title: Per: Witness Name: · · Title: EFFICIENCYONE Gh-Lgiunge Per: Sur Med...

AI summary The document contains the execution of an agreement between Nova Scotia Power Incorporated and EfficiencyOne, with witness details and signatures. It includes a schedule labeled 'Schedule A' which may contain additional information.

The figure below identifies the net Contract Price to be paid by NSPI allocated for each year of the Term. 2016 2017 2018 Total UARB Approved $33,210,000 $34,020,000 $34,920,000 $102,150,000 Balance Adjustment1 ($8,518,030) nil nil ($8,518...

AI summary The document outlines the net Contract Price to be paid by NSPI for each year of the Term, including adjustments and refunds. The UARB-approved amounts are detailed, along with a balance adjustment from 2014 that reduces the 2016 payment. Any surplus from EfficiencyOne's Performance Targets will be reported and refunded to NSPI unless directed otherwise.

II. Payments In accordance with Section 4.3 of the Agreement, the monthly payments to be made by NSPI to EfficiencyOne over the Term, accounting for the Balance Adjustment, shall be as set out below. The monthly payment amounts referred to...

AI summary The document outlines monthly payments to be made by Nova Scotia Power Incorporated (NSPI) to EfficiencyOne under Section 4.3 of the Agreement, excluding HST, which will be remitted separately.

General Provisions executors and assigns. Parties, their administrators, successors Executed and delivered this day of October, 2015. EfficiencyOne Nova Scotia Power Incorporated By: Sherredo dd Ву: Name: STEPHEN MACDOWALD Name: Title: CEO...

AI summary The document outlines a contract executed on October 20, 2015, between EfficiencyOne and Nova Scotia Power Incorporated, with Stephen MacDowald as the CEO of EfficiencyOne. The contract includes provisions related to limited rights and involves parties, their administrators, and successors.

27. SURVIVAL 27.1 Subject to the provisions of the Act, all provisions of this Agreement which by their express terms or nature are continuing shall survive the expiration or termination of this Agreement, including, without limitation, th...

AI summary This section outlines that certain provisions of the agreement will continue to apply even after the agreement's expiration or termination, including those related to the EECA Plan, confidentiality, indemnity, and other general provisions.

IN WITNESS THEREOF , the Parties have duly executed this Agreement, in duplicate, as of the date set forth above. NOVA SCOTIA POWER INCORPORATED Per: Name: Witness. Title: Per: Witness Name: Title: EFFICIENCYONE 6.1 Per: Sur Mado Id Chilqu...

AI summary The document contains the execution of an agreement by Nova Scotia Power Incorporated and EfficiencyOne, with witness signatures and titles. The agreement is part of a regulatory proceeding and includes a schedule labeled 'Schedule A'.

The figure below identifies the net Contract Price to be paid by NSPI allocated for each year of the Term........... ................... 2016 2017 2018 Total UARB Approved $33,210,000 $34,020,000 $34,920,000 $102,150,000 Balance Adjustment...

AI summary The table outlines the net Contract Price to be paid by NSPI for each year of the Term, showing adjustments and the final amounts. It also states that any surplus from EfficiencyOne meeting Performance Targets will be reported to the UARB and refunded to NSPI unless directed otherwise.

II. Payments . In accordance with Section 4.3 of the Agreement, the monthly payments to be made by NSPI to EfficiencyOne over the Term, accounting for the Balance Adjustment, shall be as set out below. The monthly payment amounts referred...

AI summary The document outlines the monthly payments to be made by NSPI to EfficiencyOne, as per Section 4.3 of the Agreement. These payments exclude HST, which will be remitted separately.

On the First Business Day of: 2016 20173 20184 Total January $0 $2,900,436 $2,977,167 February $0 $2,641,338 $2,711,215 March $0 $2,833,345 $2,908,301 April $2,596,090 $3,010,077 $3,089,709 May $2,483,522 $2,544,095 $2,611,400 June $2,307,...

AI summary The table presents financial figures for payments made by NSPI in 2016, 2017, and 2018, with a total of approximately $93.6 million. A note explains that 2017 payments will be adjusted based on 2015 under-spending by EfficiencyOne and interest earned in 2015.

"Schedule 1" Tre transferrent in late lines identificant to enjoyment freeziet. Sector intelligiet (restitut conscipration and finite originates to program into less Millsmett Assiste 2016 (1) Report Claffice Commerciary argued desurbs Ass...

AI summary The text refers to a 2016 report by Millsmett and Assiste, which discusses commercial arguments related to assumptions and changes from prior filings, as well as the status of parliamentary indicators by rate class.

- Introduction and purpose - EfficiencyOne has requested that we prepare an independent report ("Report") regarding Financing - Demand Side Management ("DSM"). More specifically, EfficiencyOne has asked us to: - 1 Estimate the cost of fina...

AI summary EfficiencyOne has requested an independent report from Grant Thornton LLP on financing Demand Side Management (DSM) activities, including cost estimation, financing alternatives, and timelines. The report is intended for use by EfficiencyOne and prepared by qualified professionals under the Nova Scotia Utility and Review Board's approved contract with Nova Scotia Power.