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Topic/Matter Intersection

Topic:"Surplus Return" in M06733

Matter: E-ENS-R-15 - EfficiencyOne Application for approval of a Supply Agreement for Electricity Efficiency and Conservation Activities between Efficiency One and Nova Scotia Power Inc.- NSPI - 2016-2019 DSM Plan IN THE MATTER OF AN APPLICATION for Approval of a Supply Agreement for electricity efficiency and conservation activities between EfficiencyOne and Nova Scotia Power Incorporated, the establishment of a final agreement between the parties, and approval of a 2016-2018 Demand Side Management Resource Plan
4 passages 4 documents

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62745Board Decision 1 passage
2) ESTABLISHMENT OF A RESERVE FUND p. p. 0
2) ESTABLISHMENT OF A RESERVE FUND - a) In lieu of development of a OSM reserve fund, the Parties agree they will not challenge EfficlencyOnes ability to apply on an expedited basis to the Board for recovery of funds to address extraordina...

AI summary Parties agree not to challenge EfficiencyOne's expedited fund recovery for extraordinary circumstances if mitigation efforts are made. Surplus from the three-year contract is returned to NSPI for ratepayers. The clause does not preclude challenging recovery merits.

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63307Board Order 1 passage
2) ESTABLISHMENT OF A RESERVE FUND p. p. 73
2) ESTABLISHMENT OF A RESERVE FUND - a) In lieu of development of a DSM reserve fund, the Parties agree they will not challenge EffidencyOne's ability to apply on an expedited basis to the Board for recovery of funds to address extraordina...

AI summary The Parties agree not to challenge EffidencyOne's expedited application for fund recovery under extraordinary circumstances, provided cost mitigation efforts are made. A surplus from the three-year contract period will be returned to NS Power for ratepayers, subject to Board determination. Rights to challenge recovery claims remain intact.

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62745Board Decision 1 passage
2) ESTABLISHMENT OF A RESERVE FUND p. p. 0
2) ESTABLISHMENT OF A RESERVE FUND - a) In lieu of development of a OSM reserve fund, the Parties agree they will not challenge EfficlencyOnes ability to apply on an expedited basis to the Board for recovery of funds to address extraordina...

AI summary Parties agree not to challenge EfficiencyOne's expedited fund recovery for extraordinary circumstances, provided good faith mitigation efforts. Surplus from the three-year contract will be returned to NS Power for ratepayers. Other parties retain rights to challenge the application's merits.

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63307Board Order 1 passage
2) ESTABLISHMENT OF A RESERVE FUND p. p. 73
2) ESTABLISHMENT OF A RESERVE FUND - a) In lieu of development of a DSM reserve fund, the Parties agree they will not challenge EffidencyOne's ability to apply on an expedited basis to the Board for recovery of funds to address extraordina...

AI summary The parties agree not to challenge EffidencyOne's expedited recovery of funds for extraordinary circumstances, provided mitigation efforts are made. A surplus from the three-year contract is to be returned to NS Power for ratepayers, determined by the Board. This clause preserves parties' rights to participate in applications and challenge recovery claims.

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Disclaimer: These summaries were generated by AI from the filings they describe. We take care to make them accurate, but errors are possible - and they aren't advice. Only the filings themselves are the record: if you're relying on something here, confirm it against the source documents or the Nova Scotia Energy Board's own record. Full disclaimer →