1.8 Energy Reform (2024) Act - (a) Reference is made to the Energy Reform (2024) Act which came into effect on April 1, 2025 and pursuant to which certain Laws and Regulations were amended and pursuant to which the More Access to Energy Ac...
AI summary This section discusses the Energy Reform (2024) Act, which came into effect on April 1, 2025, and outlines changes to laws and regulations, including the transition of system operator functions from NSPI to the IESO, and the procurement of Ancillary Services by the IESO. It also addresses the governance of conflicts between the Act and the Agreement, and outlines arbitration procedures if parties cannot agree on amendments.
5.4 Metering All Facility revenue class metering equipment shall be routinely tested by NSPI. At any time, either Party may request a test of the accuracy of the metering equipment at its own expense. The results of meter calibrations or t...
AI summary This section outlines the procedures for testing and maintaining revenue class metering equipment, including requirements for calibration, financial adjustments for inaccuracies, and notification protocols between the Parties. NSPI is responsible for ensuring accuracy, and both Parties have rights to be involved in meter sealing and testing.
the Independent Expert in accordance with this Section 16.9(g)(i) shall be final and binding on the Parties. - (ii) The Independent Expert shall be retained solely to determine a revised Energy Rate. - (iii) The following process shall gov...
AI summary This section outlines the process for determining a revised Energy Rate through an Independent Expert, including submission timelines, response periods, and cost allocation based on the Expert's determination. The resulting adjustment is referred to as a 'Tariff Adjustment'.