Preamble
p. p. 3
To be consistent with the expense recognition policy, the Commitment Fund has been established to record these incentives as an expense and provide an offsetting liability. In future years, these incentives will be recognized as an expense...
AI summary The Commitment Fund records energy efficiency incentives as expenses and liabilities, with 2018 commitments totaling $13,027. Residential and BNI programs are analyzed, with estimates based on historical data, preapproved applications, and rebate rates. DSM and Provincial Fund shares are detailed.