Topic:"Regulatory Approval Processes" 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.

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59945Board Order 1 passage

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.

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