Topic:"Regulatory Compliance" in M12350

NON-CONFIDENTIAL 1 TABLE OF CONTENTS 2 3 1.0 BACKGROUND 3 4 2.0 METHODOLOGY 6 5 3.0 RELATIONSHIP BETWEEN AVERAGE COST BASED RATES AND ACTUAL 6 SHORT RUN MARGINAL COSTS 8 7 3.1 Analysis of Variance between Average Unit Revenue and Average M...

AI summary The document outlines the history and requirements of the Short Run Marginal Cost (SRMC) test as directed by the Nova Scotia Energy Board (NSEB) to Nova Scotia Power Incorporated (NS Power). It includes past orders, supplementary reports, and updates to the SRMC test methodology, including environmental considerations and the inclusion of renewable energy sources.

NON-CONFIDENTIAL 1 TABLE OF CONTENTS 5 6 …perform the SRMC test for all of its above and below-the-line rates. NSPI's 7 8 report in this regard should describe the methodology it has followed in calculating short run marginal costs as well...

AI summary The document discusses the Short Run Marginal Cost (SRMC) test, which evaluates whether average revenue per kWh meets or exceeds average marginal energy cost. The Nova Scotia Energy Board directed NS Power to file reports on SRMC calculations and revisions, including adjustments for transmission loss and inefficient usage from below SRMC rates.