Topic:"Revenue Requirement" in M03669

8.4 Finance Committee 8.4.1 The Finance Committee is responsible for assisting the Board of Directors with their responsibilities with respect to the oversight of the accounting and financial reporting processes, investing activities, inte...

AI summary The Finance Committee assists the Board of Directors in overseeing accounting, financial reporting, investments, internal controls, risk management, and audit functions. It also advises the Board on annual budgets and fiscal policies.

ELECTRICITY DEMAND-SIDE MANAGEMENT FUND - 27 (1) There is hereby established the Electricity Demand-side Management Fund. - (2) The Fund consists of - (a) any electricity demand-side management transitional funds contributed from Nova Scot...

AI summary The Electricity Demand-side Management Fund is established with contributions from Nova Scotia Power, assessments on public utilities, and other contributions. It is managed by the Corporation, segregated from other assets, and used exclusively for demand-side management programs. Surpluses are retained for future use, and the Fund cannot be used for general provincial obligations.

Using Only the "Energy Portion" of Measure Costs in the TRC If the problem with the TRC is that it compares total costs to only the energy benefits, then one option is to assess how much of the total cost is attributable to energy savings...

AI summary The text discusses using only the 'energy portion' of measure costs in the Total Resource Cost (TRC) calculation to better align costs with energy benefits. This approach would improve the TRC's ability to identify cost-effective energy efficiency programs, such as the Home Performance with ENERGY STAR program, that may currently fail under the existing TRC framework.

3 (Expanded). testimony at page 16, "One of the Board's goals should be to strike the appropriate balance between increasing rates and achieving the overall benefits of energy efficiency programs."33 Given the fact that the proposed DSM bu...

AI summary The text discusses balancing rate increases with energy efficiency benefits, noting the high proposed DSM budget and the need to consider rate impacts. It highlights NSPI's planned rate increase and the Board's role in evaluating stakeholder pressures and potential bill increases.

September 30, 2011 Nancy McNeil Regulatory Affairs Officer/Clerk Nova Scotia Utility and Review Board 1601 Lower Water Street, 3 rd Floor P.O. Box 1692, Unit "M" Halifax, NS B3J 3S3 Re: DSM Cost Recovery Rider (E-ENSC-R-10) Dear Ms. McNeil...

AI summary Nova Scotia Power Inc. proposes the ENS DSM Cost Recovery Rider (DCRR) and Balance Adjustment (DCRR BA) for 2012, based on the Board's 2009 DSM Order and updated load determinants from the 2012 load forecast. The rider aims to recover DSM program costs across rate classes.

sup> The load shape class determinants from the 2012 FAM load forecasts have been applied by NSPI in its update to revenue requirement (section 11.1) filed in its reply evidence on September 13, 2011. - 2011 2 • The major difference betwee...

AI summary The document discusses NSPI's update to its revenue requirement, incorporating load shape class determinants from 2012 FAM forecasts and the shutdown of New Page Port Hawkesbury. It details DSM program costs approved by the UARB, allocation methods, and the use of DCRR and DCRR BA components to address discrepancies in DSM program cost recovery.