Topic:"Securitization" in M12954

Background Below is a brief summary of current treatment of interest rates for the five deferral/variance accounts, which would be reviewed as part of this proceeding. Demand Side Management Cost Recovery Rider ("DCRR"): In the DCRR Decisi...

AI summary The document outlines the current treatment of interest rates for various deferral and variance accounts, including the DCRR, FAM, SCRR, Securitization Deferral, and DDA. It references past decisions and outlines the Board's stance on applying interest rates, such as NS Power's WACC or the default rate from the Public Utilities Act, pending further proceedings.

Scope of this proceeding The Board envisions the following steps within the proceeding: - Step 1 : Terms of Reference (TOR) : this Draft TOR is being sent to interested parties for comment. This would ensure that key stakeholder concerns a...

AI summary The proceeding outlines steps for reviewing NS Power's variance accounts, including analyzing interest rate treatments for accounts like FAM, DCRR, SCRR, and DDA. LEI will prepare a report based on its analysis and stakeholder input.

Background Below is a brief summary of current treatment of financing costs for the five deferral/variance accounts, which would be reviewed as part of this proceeding. Demand Side Management Cost Recovery Rider ("DCRR"): In the DCRR Decis...

AI summary The document outlines the current treatment of financing costs for various deferral and variance accounts, including the DCRR, FAM, SCRR, Securitization Deferral, and DDA. It references past decisions and the application of interest rates, such as the Bank of Canada policy rate plus 1.75% or NS Power's WACC, and highlights pending decisions in a generic proceeding.

Scope of this proceeding The Board envisions the following steps within the proceeding: Step 1 : Terms of Reference (TOR) : the Draft TOR was sent to interested parties for comment. This ensured that key stakeholder concerns were considere...

AI summary The proceeding outlines a structured process for reviewing Nova Scotia Power's variance and deferral accounts, including the analysis of alternative financing treatments and the preparation of an independent report by LEI. This involves multiple steps, including information requests, evidence filing, and potential oral hearings.