Topic:"Regulatory Approval Processes" in M06733

Revisions to The Public Utilities Act , proposed through the Electricity Efficiency and Conservation Restructuring (2014) Act , were proclaimed on May 1, 2014. Highlights of the legislation affecting this DSM Resource Plan include the foll...

AI summary This text discusses legislative changes to the Public Utilities Act through the Electricity Efficiency and Conservation Restructuring (2014) Act, effective from May 1, 2014. Key changes include the requirement for NS Power to implement cost-effective energy efficiency and conservation activities, the establishment of an ENS franchise, and the UARB's role in approving contracts and setting performance requirements.

Consistent with the DSM Settlement Agreement for 2013-2014, approved by the UARB on June 4, 2012, ENS proposes to undertake the following regular reporting to the UARB 1 and DSM Advisory Group for the 2016-2018 DSM Resource Plan: 2 • Annua...

AI summary ENS proposes to submit regular reports to the UARB in accordance with the DSM Settlement Agreement for 2013-2014. These reports include an Annual Progress Report (APR), which will cover activities, performance indicators, cost and savings summaries, and corrective actions if energy savings targets are not met. ENS also plans to notify the UARB of significant changes to the DSM Resource Plan.

Update on Implementation of 2013 Verification and Evaluation Recommendations B C E F G K 2 Recommendation Text Source Status Expected Period of ENSC Comments on Recommendation Completion

AI summary The document provides an update on the implementation of 2013 verification and evaluation recommendations. It includes a table with columns for recommendation text, source, status, and expected period of completion, though specific details are not yet filled in.

In 2014, the government of Nova Scotia created a new model for the delivery of energy efficiency in the province. Under this model, an Electricity Efficiency Franchise (Efficiency Nova Scotia) was created, and granted by the government to...

AI summary In 2014, Nova Scotia established Efficiency Nova Scotia (ENS) under an Electricity Efficiency Franchise granted to EfficiencyOne. A jurisdictional scan of North America identified performance indicators used by other regions, leading to recommendations for ENS to adopt two Target Performance Indicators for the 2016-2018 Plan and a third for future plans.

Title: Title: EfficiencyOne Nova Scotia Power Incorporated By: By: Name: Name: SCHEDULE "A" to CONFIDENTIALITY AGREEMENT UNDERTAKING I, HAVE READ AND AGREE TO ABIDE AND AM BOUND BY THE TERMS AND CONDITIONS SET OUT IN THE CONFIDENTIALITY AG...

AI summary This document outlines a confidentiality agreement between EfficiencyOne and Nova Scotia Power Incorporated, including an undertaking to abide by its terms. It also references an approved Energy Efficiency Conservation Agreement (EECA) plan as approved by the Nova Scotia Utility and Review Board (UARB).

NON-CONFIDENTIAL 1 conducted for the development of Fuel Substitution and Green Heat program component 2 have enabled energy savings of 4.5 GWh from 2012 through 2014. 3 4 The advancement of energy efficiency standards for devices and equi...

AI summary The text highlights energy savings from Fuel Substitution and Green Heat programs (4.5 GWh, 2012-2014), evaluations of energy efficiency codes by ENSC, research leading to a cold-water washing pilot (60% reduction in warm water use), and growth in Green Schools Nova Scotia participation (132 schools by 2014). Regulatory activities and education/outreach efforts are also noted.

e Filed: March 27, 2015 E1 (NSPI) IR-2 Page 3 of 7 2016-2018 Supply Agreement for EECA M06733 (E-ENS-R-15) E1 Responses to NSPI Information Requests

AI summary The document pertains to E1 (NSPI) responding to information requests regarding the 2016-2018 Supply Agreement for the Energy Efficiency Conservation Agreement (EECA) under matter M06733. It outlines procedural steps in a regulatory proceeding involving Efficiency Nova Scotia and NSPI.

Filed: March 27, 2015 E1 (NSPI) IR-2 Page 4 of 7 2016-2018 Supply Agreement for EECA M06733 (E-ENS-R-15) E1 Responses to NSPI Information Requests

AI summary The document references E1's (EfficiencyOne) responses to NSPI's (Nova Scotia Power Inc.) information requests regarding a 2016-2018 supply agreement under the Energy Efficiency Conservation Agreement (EECA), identified as matter M06733. It pertains to regulatory proceedings involving energy efficiency program management.

r Plan approval process, as 28 well as, to the best of our knowledge, whether their performance indicators are evaluated 29 at the multi-year contract level or on an annual basis. Date Filed: March 27, 2015 E1 (NSPI) IR-3 Page 1 of 2 2016-...

AI summary The document discusses the approval process for the 2016-2018 EECA supply agreement and evaluates whether performance indicators are assessed annually or over multi-year periods. A table lists jurisdictions with their respective approval and performance evaluation timelines.

d: March 27, 2015 E1 (NSPI) IR-37 Page 1 of 1 2016-2018 Supply Agreement for EECA M06733 (E-ENS-R-15) E1 Responses to NSPI Information Requests

AI summary The document refers to a 2016-2018 Supply Agreement for EECA under matter number M06733 (E-ENS-R-15), and includes E1 responses to NSPI information requests. It is related to energy efficiency programs and regulatory processes.

NSPI IR-42 Attachment 2 Page 63 of 67 Participation at every level – but mostly at the top Private Pure public Other public 100% 99% 97% 87% 84% 80% 74% 71% 62% 60% 51% 40% 32% 20% 16% 14% 13% 0% Senior management / Middle management / Sup...

AI summary The document contains a chart illustrating participation levels across different management tiers and an appendix on HR practices and reward priorities. It references data from the Hay Group PayNet database and is part of a regulatory proceeding related to Nova Scotia Power Inc.

7 Navigant, 2014 IRP, Nova Scotia 2015 ‐ 2040 Demand Side Management (DSM) Potential Study , Presented to Efficiency Nova Scotia Corporation, NSUARB M05522/P-884.14, January 7, 2014. 1 period, customer impacts can be mitigated by implement...

AI summary NS Power is seeking approval for a Supply Agreement for the provision of Energy Efficiency Conservation Agreements (EECAs) and emphasizes the need for transparency and accountability from E1, now a regulated public utility, in justifying its DSM Plan. The Act requires that the Board ensure the agreement is in the best interests of customers.

4 E1 cites s.79I of the Act as part of its authority for the proposition that the contracted 5 deliverable is to be a 3 year cumulative deliverable; however, Section 79I of the Act 6 merely states that the Supply Agreement itself is to be...

AI summary E1 argues that Section 79I of the Act allows for a three-year supply agreement but does not restrict the deliverable period. NS Power contends that annual deliverables are necessary to ensure program efficiency and compliance. E1 suggests some flexibility in budget allocation, but such decisions should be approved by the Board with input from NS Power.

1 Appropriateness of the Requested Flexibility 2 3 Q. EFFICIENCYONE REQUESTS THE FLEXIBILITY TO MAKE 4 SIGNIFICANT CHANGES TO THE APPROVED PLAN (INCLUDING 5 ACTIONS SUCH AS ADDING A NEW PROGRAM, TERMINATING A 6 PROGRAM, AND INCREASING/DECR...

AI summary EfficiencyOne requests flexibility to make significant changes to the approved DSM plan without requiring approval from NSP and the UARB. The response argues this would give EfficiencyOne too much discretionary control, risking the effectiveness of the DSM resources and potentially affecting equity, rates, and costs. Most jurisdictions require UARB review for such changes.

2016-2018 DSM Plan (NSUARB M06733) NSPI Responses to Consumer Advocate Information Requests

AI summary The document refers to the 2016-2018 DSM Plan and NSPI's responses to information requests from the Consumer Advocate under NSUARB matter M06733.

Date Filed: May 19, 2015 NSPI (CA) IR-31 Page 1 of 1

AI summary The document is a regulatory proceeding filing by Nova Scotia Power Inc. (NSPI) under the Consumer Advocate (CA) with the Nova Scotia Utility and Review Board (NSUARB) on May 19, 2015. It references the Integrated Resource Plan (IRP) and includes acronyms related to energy and regulatory processes.

NON-CONFIDENTIAL 1 Request IR-38: 2 3 In determining whether a given amount of DSM spending in a given year is affordable 4 over what period of time should the impact of the DSM spending be calculated? 5 6 Response IR-38: 7 8 With respect...

AI summary The document discusses the affordability of Demand Side Management (DSM) spending, referencing Section 79L (9) of the Nova Scotia Public Utilities Act. It highlights that the UARB is responsible for determining DSM affordability, based on the Company's evidence about balancing short-term affordability and long-term cost effectiveness.

Date Filed: May 19, 2015 NSPI (CA) IR-41 Page 1 of 1

AI summary The document is a filing from May 19, 2015, submitted by NSPI (Consumer Advocate) under IR-41. It appears to be a regulatory proceeding related to Nova Scotia Power Inc. and the Nova Scotia Utility and Review Board.

NON-CONFIDENTIAL 1 Request IR-7: 2 3 (a) Please provide the start date and description of services of ICF's engagement, 4 specifically Mr. Pickles, on NS Power's DSM file. 5 6 (b) Please provide the total DSM-related costs NS Power has inc...

AI summary NS Power engaged ICF to support the regulatory approval process and execution of the 2016-2018 Supply Agreement between NSPI and EfficiencyOne. The engagement began in January 2015 following the receipt of ICF's proposal. Mr. Pickles was involved in providing expert testimony after E1's filing.

2016-2018 DSM Plan (NSUARB M06733) NSPI Responses to EfficiencyOne Information Requests

AI summary This document outlines NSPI's responses to EfficiencyOne's information requests regarding the 2016-2018 DSM Plan, as part of the NSUARB M06733 proceeding.

2016-2018 DSM Plan (NSUARB M06733) NSPI Responses to EfficiencyOne Information Requests

AI summary The document refers to the 2016-2018 DSM Plan and NSPI's responses to EfficiencyOne's information requests, likely related to demand-side management initiatives and regulatory proceedings under the Nova Scotia Utility and Review Board.

2016-2018 DSM Plan (NSUARB M06733) NSPI Responses to EfficiencyOne Information Requests 1 Request IR-35: 2 3 Reference: NS Power's Evidence, Page 50, line 3. 4 5 Given that the programs of EfficiencyOne's proposed DSM Resource Plan are cos...

AI summary NS Power responds to EfficiencyOne's information requests regarding the 2016-2018 DSM Plan. NS Power clarifies that its comments on cost-effectiveness relate to affordability, not the rejection of the current framework. It also outlines the approval process for significant changes to the DSM Plan under the Agreed Form of Supply Agreement.

2016-2018 DSM Plan (NSUARB M06733) NSPI Responses to EfficiencyOne Information Requests 2016-2018 DSM Plan (NSUARB M06733) NSPI Responses to EfficiencyOne Information Requests

AI summary This chunk refers to the 2016-2018 DSM Plan (NSUARB M06733) and NSPI's responses to EfficiencyOne information requests, highlighting a regulatory proceeding related to demand-side management initiatives.

2016-2018 DSM Plan (NSUARB M06733) NSPI Responses to Multeese Information Requests 1 Request IR-14: 2 3 At page 41, Line 13, NSPI states: "Although E1 may require some degree of flexibility in 4 the implementation of its plan, decision-mak...

AI summary NSPI responds to requests regarding its 2016-2018 DSM Plan, addressing concerns about its level of influence over EfficiencyOne (E1) while maintaining contractual independence. NSPI clarifies that it seeks input and review opportunities, not control, over E1's program design and delivery.

NON-CONFIDENTIAL 1 Request IR-2: 20 As a member of the Northeast Power Coordinating Council (NPCC), NS Power is 21 required to comply with the NPCC reliability criteria. NS Power maintains a minimum 22 capacity-based planning reserve margi...

AI summary NS Power is part of the Northeast Power Coordinating Council (NPCC) and must maintain a 20% reserve margin. It requests the Board to require E1 to refine its demand savings estimates for DSM programs. NSPI was asked to provide customer data for a housing energy conservation program but was reluctant to share it.

40 or as may be prescribed. 1 2 3 4 5 6 7 E1 acknowledges there may be an impact to the rates paid by NS Power customers as a result of the E1 DSM Plan. 2 As a result, NS Power believes this is all the more reason why the Board should be c...

AI summary NS Power acknowledges that the E1 DSM Plan may impact rates paid by its customers and emphasizes the need for transparency in E1's application. NS Power argues that the current level of detail provided by E1 is insufficient for proper oversight and aligns with standard industry practices. The company does not seek to remove E1's autonomy but rather to ensure a transparent regulatory framework consistent with Nova Scotia utility practices.

4 NS Power DSM Evidence, pages 9-10, April 10, 2015. 1 Request IR-19: 1 2 3 4 5 6 7 8 regulators in other jurisdictions with third party implementers before approving such large expenditures, it is impossible to compare the programs to oth...

AI summary The document discusses concerns raised regarding the approval of large expenditures for demand-side management (DSM) programs by the Utility and Review Board (UARB). It highlights the need for comprehensive information from regulators in other jurisdictions and the challenges in comparing programs and developing benchmarks for cost reasonableness.

NON-CONFIDENTIAL 1 Request IR-21: 9 funds from being moved between program years without appropriate approvals. 10 11 (b) Please refer to Section 79B(3) of the Public Utilities Act. This section prohibits NS 12 Power from being the franchi...

AI summary The document discusses concerns raised by NS Power regarding the management of funds by E1 and ENS, particularly the lack of approvals for moving funds between program years and the potential for E1 to make significant changes without Board approval. NS Power also highlights a 2014 report where ENS did not communicate potential budget variances and surplus, raising concerns about transparency and performance measurement.

AMENDED ORDER WHEREAS EfficiencyOne ("E 1 ") filed an Application with the Nova Scotia Utility and Review Board ("Board") on February 27, 2015 for Approval of a Supply Agreement for Electricity Efficiency and Conservation Activities betwee...

AI summary EfficiencyOne applied for approval of a supply agreement with Nova Scotia Power Inc. for electricity efficiency and conservation activities. The Nova Scotia Utility and Review Board set a hearing date for June 15, 2015, following preliminary discussions and adjustments to the timetable.

IT IS FURTHER ORDERED that the following revised timetable will apply to this proceeding: Preliminary Issues List Wednesday, March 18, 2015 NSPI Information Requests ("IRs") to E1 Wednesday, March 18, 2015 Filing of Notices of Intervention...

AI summary The document outlines a revised timetable for a regulatory proceeding, including deadlines for submitting information requests, evidence, and interventions. It also specifies that the Board's Regulatory Rules, particularly Rule 7(3), apply to the application.

- The Board is to determine the activities to be undertaken, and NSPI is to undertake the activities by virtue of an agreement for a three year term with the franchise holder, approved by the Board ( PUA ss. 79(H), 79(I), and 79(J)). Custo...

AI summary The document outlines the Board's role in approving and regulating demand-side management (DSM) activities by NSPI, including spending limits and recovery deferral terms. The agreement between NSPI and E1 for DSM activities is governed by the Public Utilities Act and the Electricity Efficiency and Conservation Restructuring (2014) Act.

3.5.1 Program Development [56] El's 2016-2018 DSM Resource Plan, as modified by the Quantum Agreement, recommends DSM investments for the three year period of: - (1) $36.9 million in 2016, - (2) $37.8 million in 2017, - (3) $38.8 million i...

AI summary El's 2016-2018 DSM Resource Plan, modified by the Quantum Agreement, recommends a total of $113.5 million in DSM investments over three years. El justifies this plan by comparing it to the Mid-DSM level plan and notes that it is consistent with past expenditures and within the $53 million allocated for DSM in 2014, which was repurposed for 2015 fuel expenses.

3.5.3.1 Findings [88] The Board notes that the DSM amount of $33,210,000, as set by the Board for 2016, is below DSM spending in each of the last four years. It is also an amount significantly below that recommended in the IRP, and the Boa...

AI summary The Board acknowledges that the 2016 DSM amount of $33,210,000 is below recent spending levels and the IRP recommendation. It considers the amount affordable under the PUA while aligning with ratepayer interests.

M06733 IN THE MATtER OF: THE PUBLIC UTILITIES ACT And IN THE MATtER OF: An application by EfficiencyOneforApproval of a Supply Agreementfor Electricity Efficiency and Conservation Activities between Efficiencyone ("El") and Nova Scotia Pow...

AI summary This document outlines a consensus agreement between EfficiencyOne and Nova Scotia Power Inc. for the approval of a supply agreement and the 2016-2018 Demand Side Management Resource Plan. The agreement was reached following the submission of evidence and responses to information requests by both parties and intervenors.

Lagend: Filing has not historically triggered an automatic regulatory Filing has historically tr riggered a regulatory process process (would be on request or by Decision of the UARB). ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 2015 Q2 Report...

AI summary The document outlines a filing process and its historical relationship with regulatory actions, mentioning quarterly reports, meetings with the DSMAG, and the timing of filings. It also references specific reports and processes.

\ For certainty, in accordance with the performance requirements set out in Schedule "C" attached hereto, EfficiencyOne shall be deemed to be in substantial compliance with the approved Performance Targets if 90 percent (90%) or greater ac...

AI summary EfficiencyOne is deemed to be in substantial compliance with approved Performance Targets if it achieves 90% or more on both targets. If it fails to meet this threshold, a regulatory process will be initiated.

NOVA SCOTIA UTILITY AND REVIEW BOARD FILE NO: M06733, E-ENS-R-15 APPLICANT: Efficiency Nova Scotia Corporation HEARING: Monday, June 15, 2015, @ 9:00 a.m.

AI summary This document outlines a regulatory proceeding involving Efficiency Nova Scotia Corporation, with a hearing scheduled for June 15, 2015. The file number and applicant are specified, indicating the start of a regulatory process.

PLACE: Hearing Room A & B, Office of the Board Date UT # REQUESTED OF DATE DUE June 15, 2015 1 To provide list of sources used in developing table 2 on pg 15 of Philippe Dunsky's evidence and how the verification was done. EfficiencyOne By...

AI summary The document outlines various requests made during a regulatory proceeding, primarily involving EfficiencyOne and NSPI. Requests include providing sources for evidence, responses to recommendations, proposed spending details, incentive assessments, and protocols for incentive setting. These requests are part of a broader regulatory process involving the Board and other stakeholders.

DATE FILED: July 8, 2015 Page 49 of 50 1 that it would lead to an erosion of industry capacity (which is not a consideration under 2 the Act). In any event, the Act requires the matter to be reviewed every three years and, 3 if the situati...

AI summary NS Power requests the Board to approve a Non-Financial Settlement Agreement, reject a Financial Settlement Agreement and the 2016-2018 DSM Plan, and direct the creation of a revised DSM Plan with specific energy savings and investment targets. It also requests that E1 and NS Power finalize a Form of Agreement based on the revised plan and opposes changing the cost-effectiveness testing methodology.

ge-25-0"> 41 Electricity Efficiency and Conservation Restructuring (2014) Act, SNS 2014, c 5. 42 Public Utilities Act , RSNS 1989, c 380, s 79(j)(3) . 1 each of these scenarios. Respectfully, EfficiencyOne submits that little value, if any...

AI summary EfficiencyOne argues that the alternate scenarios presented by NS Power lack value due to improper DSM model construction. NS Power clarifies that these scenarios are not definitive plans but rather indicative alternatives, emphasizing they are not proposals for adoption by the Board.

1 5.0 E1'S CLOSING SUBMISSION 2 3 NS Power submits this proceeding has suffered from an overly aggressive interpretation 4 of the enabling legislation by E1. This has resulted in a departure from the typical 5 regulatory construct under wh...

AI summary NS Power argues that E1 has misinterpreted the enabling legislation, leading to a regulatory process that deviates from standard practices. E1 claims expertise in DSM and affordability, asserting that it should not be required to justify its incentive levels. NS Power counters that E1 failed to provide alternative scenarios and did not substantiate its assumptions.

16 E1 Closing Submission, July 8, 2015, page. 53, lines 11-17. 1 used by Mr. Pickles were inappropriate. E1 simply stated that there were assumption 2 changes and that as such as the Board "should place no weight whatsoever on [NS 3 Power'...

AI summary NS Power argues that E1's approach to the issues raised undermines the objective of convening a public hearing, as E1's statements lack sufficient factual and evidential support. NS Power emphasizes the need for utilities to provide robust defense of their applications with detailed analysis, cost-benefit support, sensitivity analysis, and discussion of risk/cost mitigation tools.

- [1] It is generally acknowledged that using less energy, and using energy more efficiently, is a public good, as it can result in environmental benefits, such as less reliance on fossil fuels (and thus lowering emissions), and financial...

AI summary The document outlines a regulatory proceeding concerning demand-side management (DSM) in Nova Scotia, including a hearing held in 2015 before the Nova Scotia Utility and Review Board. EfficiencyOne applied for approval of a Supply Agreement and a DSM Plan, with multiple stakeholders submitting comments and participating in the process.

3.5.3.1 Findings [88] The Board notes that the DSM amount of $33,210,000, as set by the Board for 2016, is below DSM spending in each of the last four years. It is also an amount significantly below that recommended in the IRP, and the Boa...

AI summary The Board observes that the 2016 DSM amount of $33,210,000 is below recent spending levels and the IRP recommendation. It considers this amount affordable under Section 79L of the PUA while aligning with ratepayer interests.

Lagend: Filing has not historically triggered an automatic regulatory Filing has historically tr riggered a regulatory process process (would be on request or by Decision of the UARB). ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 2015 Q2 Report...

AI summary The text outlines the historical regulatory process triggered by filings, including quarterly reports and meetings with the DSMAG. It notes the timing and content of reports, as well as the frequency of meetings related to these filings.

- On February 27, 2015, EfficiencyOne filed its Application for approval of an Electricity - Efficiency Supply Agreement with NSPI, which included, inter alia , its 2016-2018 DSM - Resource Plan for approval by the Nova Scotia Utility and...

AI summary EfficiencyOne submitted an application to the Nova Scotia Utility and Review Board in 2015 for approval of an Electricity Efficiency Supply Agreement with NSPI, including its 2016-2018 DSM Resource Plan, under the Electricity Efficiency and Conservation Restructuring (2014) Act.

1. The Parties agree that for the purpose of this Agreement "Confidential Information" means all information, regardless of the form in which it is communicated or maintained and prepared by the Disclosing Party, and is disclosed directly...

AI summary The Parties define 'Confidential Information' broadly, encompassing all information disclosed under the Supply Agreement, Legislation, or as directed by the Nova Scotia Utility and Review Board. This includes reports, analyses, contracts, and other sensitive information, whether printed or electronic, filed with the Board in confidence.

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.

ENS 2016-2018 DSM FILING (E-ENS-R-15) JSupply Agreement for Compliance Filing Appendix 1 2 (b) provides to the non-defaulting Party, and the UARB an acceptable plan for such correction; and 3 (c) corrects the breach or violation in accorda...

AI summary The text outlines procedures for addressing defaults under a supply agreement, including the requirement to submit a corrective plan to the UARB and the process for terminating the agreement in the event of an Event of Default. It also details notification procedures and addresses for NSPI and EfficiencyOne.

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.

35 The above performance targets will be achieved in accordance with the EECA Plan set out in 36 Schedule E, having regard to the flexibility to amend as permitted by the Consensus Agreement 37 as adopted by the Board. 38 \ For certainty,...

AI summary The document outlines performance targets to be achieved in accordance with the EECA Plan in Schedule E, with flexibility to amend as permitted by the Consensus Agreement adopted by the Board. It also mentions that EfficiencyOne will be considered in substantial compliance if it achieves 90% or more of the Performance Targets, otherwise triggering a regulatory process.

JSupply Agreement for Compliance Filing 68 SCHEDULE C 69 70 SCHEDULE C (PAGE 1 OF 2) 71 Performance Requirements 72 I. UARB-APPROVED PERFORMANCE STANDARDSTARGETS, THRESHOLDS, AND 73 INDICATORS5 74 [As approved by the UARB] 75 76 a) Perform...

AI summary The document outlines performance requirements set by the UARB for EfficiencyOne under a supply agreement. It specifies that performance targets are set over a three-year period, with substantial compliance defined as achieving 90% or more on two key targets: cumulative annual energy savings and cumulative annual peak demand savings. Failure to meet these targets may trigger a regulatory process.

Formatted: Normal, Indent: Left: 0.63 cm, Hanging: 0.62 cm, Space After: 10 pt, Don't add space between paragraphs of the same style, Line spacing: Multiple 1.15 li, Numbered + Level: 1 + Numbering Style: I, II, III, … + Start at: 1 + Alig...

AI summary The document references a Consensus Agreement from 2015 involving EfficiencyOne, NSPI, and various stakeholders, approved by the UARB in Decision M06733. It also mentions total spending by program and rate class.

\ For certainty, in accordance with the performance requirements set out in Schedule "C" attached hereto, EfficiencyOne shall be deemed to be in substantial compliance with the approved Performance Targets if 90 percent (90%) or greater ac...

AI summary The text outlines a regulatory process that will be triggered if EfficiencyOne fails to achieve at least 90% of the approved Performance Targets under Schedule 'C'. This ensures substantial compliance with performance requirements.

- As of January 1, 2015, NSPI is required by regulation to undertake cost-effective electricity efficiency and conservation activities that are reasonably available in an effort to reduce costs for its customers. As the franchise holder, E...

AI summary As of January 1, 2015, NSPI is required to undertake cost-effective electricity efficiency and conservation activities, administered by E1 under a contractual agreement approved by the UARB. The 2015 transition year had a spending cap of $35 million, with a specific 8-year amortization period. E1 and NSPI have not reached agreement on the Supply Agreement and have applied to the UARB for a decision.

James R. Gogan Direct Dial: (902) 563-5920 E-Mail: [email protected] File No. 41736-28 February 16, 2016 Nova Scotia Utility and Review Board PO Box 1692, Unit "M" Halifax, Nova Scotia B3J 3S3 Attention: Doreen Friis, Regulatory Affai...

AI summary This document provides an update to the Nova Scotia Utility and Review Board regarding EfficiencyOne's efforts to secure long-term financing for its 2015 electricity efficiency and conservation activities. Grant Thornton has been engaged to assist with this process, and drafts of the 2015 Supply Agreement between EfficiencyOne and NSPI have been exchanged, though the agreement has not yet been executed.