Topic/Matter Intersection

Topic:"Surplus Return" in M09096

Matter: Approval of a Supply Agreement for Electricity Efficiency and Conservation Activities between EfficiencyOne (E1) and Nova Scotia Power Inc.(NS Power), the establishment of a final agreement between the parties, and approval of a 2020-2022 Demand Side Management (DSM) Resource Plan

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78612Compliance Filing 1 passage

Preamble p. pp. 232-233

29 to be Paid by 33 37 30 The Parties acknowledge that any surplus realized by EfficiencyOne in delivering the 31 Performance Targets at the end of the Term shall be reported to the UARB and refunded to NSPI[1](#page-233-0) 32 unless Effic...

AI summary EfficiencyOne is required to report and refund any surplus realized from meeting Performance Targets to NSPI, unless directed otherwise by the UARB. EfficiencyOne has returned bank interest earned from previous years, reducing the underspend applied to 2020.

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