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Orders Issued by the Board during 2005 under the Public Utilities Act Newfoundland Power P.U. 1 (2005)
Application:
For approval to borrow under the
terms of a committed revolving term credit facility filed pursuant to Section
91 of the Act.
Decision:
1.
Pursuant to
Section 91 of the Act, the Board approves Newfoundland Power’s issue of the
Committed Facility to the amount of $100,000,000 for the purposes of financing
(i) working capital requirements of Newfoundland Power necessary to meet its
service obligations under the Act and (ii) capital expenditure requirements of
Newfoundland Power as approved from time to time by the Board pursuant to the
Act.
2.
NP shall pay all
costs and expenses of the Board incurred in connection with this Application.
Date Issued:
January 12, 2005
Newfoundland and Labrador Hydro P.U. 2 (2005)
Application:
For approval to treat the Asbestos
Abatement Plan at the Holyrood Thermal Generating Plant as a Major
Extraordinary Repair.
Decision:
1.
Hydro treat the
costs associated with the Asbestos Abatement Plan at the Holyrood Thermal
Generating Station, at an estimated cost of $8.7 million($10.4 million
including financing), to be carried out for a three-year period commencing in
2005, as a Major Extraordinary Repair and that it accumulate and amortize each
year’s actual expenses for the Asbestos Abatement Plan, together with interest,
for a five-year period.
2.
Hydro include the unamortized balance of the deferred Asbestos
Abatement Plan costs in its rate base.
Date Issued:
January 12, 2005
Newfoundland and Labrador Hydro P.U. 3 (2005)
Application:
For approval of additional 2005 capital
expenditure for preliminary engineering and design work for a transmission
interconnection of the Duck Pond Mine Site owned by Aur Resources Inc., an
Intended industrial customer of Hydro, pursuant to Section 41 (3) of the Act.
Decision:
1.
Pursuant to
Section 41 (3) of the Act, the Board approves the additional 2005 expenditure
of $120,000 for the preliminary engineering and related work associated with a
55 km transmission interconnection to the Duck Pond Mine site owned by Aur
Resources Inc., an intended industrial customer of Hydro.
2.
Pursuant to
Section 41 (5) of the Act, the Board approves the contribution from Hydro’s
intended industrial customer, Aur Resources Inc., of $120,000 towards the
preliminary engineering and related work associated with a 55 km transmission
interconnection to the Duck Pond Mine site.
Date Issued:
January 18, 2005
Newfoundland and Labrador Hydro P.U. 4 (2005)
Application:
For approval of
the Rate Stabilization Plan components of the rates to be charged to Industrial
Customers pursuant to Section 70(1) of the Act.
Decision:
1.
The Board hereby
approves the Firm Rates for Hydro’s Industrial Customers to be effective for
consumption on or after January 1, 2005.
2.
Hydro shall pay
the expenses of the Board incurred in connection with this matter.
Date Issued:
January 26, 2005
Newfoundland Power P.U. 5 (2005)
Application:
For approval to amend Order No. P.U. 48
(2004) issued on December 9, 2004, in connection with an application by
Newfoundland Power Inc. for approval of (i) revised distribution line cost per meter
for CIACs; (ii) revised distribution line plant upgrade cost for CIACs; and
(iii) revised CIAC cost factors.
Decision:
Board Order No. P.U. 48 (2004) be amended
as follows:
By deleting therefrom, section 1. (b),
page 3, in its entirety and substituting therefore the following:
1. (b) Appendix A, Schedule “B”, Page 12 of 15
Revised January 31, 2002; and
Appendix C, Schedule “D”, Page 14 of 15
Revised January 31, 2002
of the Contribution in aid of
Construction Policy: Distribution Line Extensions and Upgrades to General
Service Customers, approved by Order No. 32 (2001-2002) be and they are hereby
rescinded and replaced by the following Appendices, and appended to this Order:
Appendix A, Schedule “B”, Page 12 of 15
Revised January 1, 2005; and
Appendix C, Schedule “D”, Page 14 or 15
Revised January 1, 2005.
Date Issued:
February 1, 2005
Newfoundland Power P.U. 6 (2005)
Application:
For approval of a contribution in
aid of construction for a line extension to serve Discovery Trail Farm Limited.
Decision:
Pursuant to Section 41(5) of the
Act, the Board approves the contribution in aid of construction in the amount
of Seventy-four thousand two hundred eleven dollars and eighty cents
($74,211.80), including HST, as calculated under the Policy to provide
single-phase service to an abattoir for Discovery Trail Farm Limited, near
Clarenville.
Date Issued:
February 9, 2005
Newfoundland and Labrador Hydro P.U. 7 (2005)
Application:
For approval of a contribution in aid
of construction for the supply of three-phase electrical service to a
Chlorination Building located at Trout River, pursuant to Section 41(5) of the
Act.
Decision:
Pursuant to section 41(5) of the
Act, the Board approves the contribution in aid of construction in the amount
of fifty thousand, twenty-seven dollars and nine cents ($50,027.09), including
HST, for the supply of three-phase electrical service to the Chlorination
Building located at the crossroads in Trout River, as calculated under the Policy.
Date Issued:
February 9, 2005
Newfoundland Power P.U. 8 (2005)
Application:
For approval of a contribution in
aid of construction for a three-phase service upgrade for Ultramar Ltd.
Decision:
Pursuant to Section 41(5) of the
Act, the Board approves the contribution in aid of construction in the amount
of Sixteen thousand four hundred eighty-two dollars and ninety-five cents
($16,482.95), including HST, as calculated under the Policy to provide
three-phase service to a service station/restaurant for Ultramar Ltd.
Date Issued:
March 22, 2005
Newfoundland Power P.U. 9 (2005)
Application:
For approval of a contribution in
aid of construction for a line extension to serve the Government of
Newfoundland and Labrador, Department of Environment and Conservation, who operates
a recreation park located off Route 10 (Southern Shore Highway)
Decision:
Pursuant to Section 41(5) of the
Act, the Board approves the contribution in aid of construction in the amount
of Sixty thousand eight hundred thirty-five dollars ($60,835.00), including
HST, as calculated under the Policy to provide single-phase service to a
recreation park for the Government of Newfoundland and Labrador, Department of
Environment and Conservation.
Date Issued:
March 22, 2005
Newfoundland Power P.U. 10 (2005)
Application:
For approval of a contribution in
aid of construction for a line extension
Decision:
Pursuant to Section 41(5) of the
Act, the Board approves the contribution in aid of construction.
Date Issued:
March 22, 2005
Newfoundland and Labrador Hydro P.U. 11 (2005)
Application:
For approval of (i) an additional
proposed capital project (Cat Arm Road Rehabilitation);
(ii) an increased expenditure for
a previously approved project (Upper Salmon Power Canal Slope Stabilization);
(iii) the replacement of a failed diesel energy in the Ramea generating
station; and (iv) a lease for employee accommodations, pursuant to Section 41
(3) of the Act.
Decision:
1. The Board hereby approves, pursuant to
Section 41(3) of the Act, additional 2005 capital expenditures as follows:
(i)
An amount of
$1,260,000 for the rehabilitation of the Cat Arm Road;
(ii)
The increased amount
of $2,671,000 to carry out remediation work for slope stabilization for the
Upper Salmon power canal (being an increase of $1,668,000 over the amount
previously approved);
(iii)
An amount of
$225,700 for the replacement of a failed engine for its Ramea diesel generating
station; and
(iv)
A lease for a
dwelling house in Postville in the amount of $10,800 per annum.
2. Hydro shall pay the expenses of the Board
incurred in connection with this matter.
Date Issued:
April 15, 2005
Newfoundland and Labrador Hydro P.U. 12 (2005)
Application:
For approval of of (i) the
construction of a transmission interconnection to the Duck Pond Mine Site, owned
by Aur Resources Inc., situated to the southeast of Millertown, pursuant to
Section 41(3) of the Act; and (ii) a customer contribution for the transmission
interconnection, pursuant to Section 41 (5) of the Act.
Decision:
1.
Pursuant to
Section 41 (3) of the Act, the Board approves the additional 2005 capital
expenditure of $5,705,500 for the construction of a transmission
interconnection of approximately 45 kilometres to the Duck Pond Mine site owned
by Aur Resources Inc., an intended industrial customer of Hydro.
2.
Pursuant to
Section 41 (5) of the Act, the Board approves the contribution from Hydro’s
intended industrial customer, Aur Resources Inc., of $5,705,000 for the
construction of the aforesaid transmission interconnection.
3.
Hydro shall pay
the expenses of the Board incurred in connection with this matter.
Date Issued:
April 19, 2005
Newfoundland Power P.U. 13 (2005)
Application:
For approval of the balance of the
weather normalization reserve as of December 31, 2004 pursuant to Sections
69(3) and 78 of the Public Utilities Act.
Decision:
NP’s weather normalization reserve
of a Negative Balance of $10,477,386 as at December 31, 2004 is hereby approved.
Date Issued:
April 28, 2005
Newfoundland and Labrador Hydro P.U. 14 (2005)
Application:
For approval of two additional proposed capital
budgets for 2005: (i) the replacement of the electronic control system for the
governor of one Cat Arm Unit; and (ii) the addition of disconnecting means to
600 Volt motor control centre branch feeders at the Holyrood Thermal Plan
pursuant to Section 41(3) of the Act.
Decision:
1. Pursuant
to Section 41(3) of the Act, additional 2005 capital expenditures are approved
as follows:
(i)
an amount of $377,600 for the replacement of the electronic control
system for the governor of one of the generating units at the Cat Arm
Generating Station; and
(ii)
an amount of $613,300 for the
installation of disconnecting means to 600 Volt motor control centre branch
feeders at the Holyrood Thermal Plant.
2. Hydro
shall pay the expenses of the Board incurred in connection with this matter.
Date Issued:
May 24, 2005
Newfoundland Power P.U. 15 (2005)
Application:
For approval of a Contribution in Aid of Construction
for a line extension.
Decision:
Pursuant to Section 41(5) of the Act, the
Board approves the CIAC.
Date Issued:
May 24, 2005
Newfoundland Power P.U. 16 (2005)
Application:
For approval of (1) Rate Stabilization
and Municipal Tax Adjustments to be applied to the rates of NP for the period July
1, 2005 to June 30, 2006; and (2) a Schedule of Rates, Tolls and Charges
incorporating the Rate Stabilization and Municipal Tax Adjustments, pursuant to
Section 70(1) of the Act.
Decision:
1.
The Board hereby approves the following:
(i)
the Rate Stabilization Adjustment of 1.150 cents/kWh as set out in
Schedule A and the Municipal Tax Adjustment factor of 1.02408 as set out in
Schedule B to be applied to all bills based on consumption on and after July 1,
2005 to June 30, 2006; and
(ii)
the rates proposed by NP to be effective on all electrical
consumption on and after July 1, 2005, set out in Schedule C.
2. NP
shall pay the expenses of the Board in connection with this Application.
Date Issued:
June 16, 2005
Newfoundland and Labrador Hydro P.U. 17 (2005)
Application:
For approval of rates to be charged its
Island Interconnected Customers (Rate Class 1.1, 2.1, 2.2, 2.3, 2.4 and 4.1),
Isolated Rural Domestic Customers (Rate Class 1.2D) and for Isolated Rural
Street and Area Lighting (Rate Class 4.1D), pursuant to Section 70 of the Act
and for approval of the Rates to be charged to Newfoundland Power Inc as
affected by the change in the Rate Stabilization Plan component of the rates,
pursuant to Section 71 of the Act.
Decision:
1. The Board hereby approves the Schedules of
Rates for Hydro’s Island Interconnected customers, attached hereto as Schedule
A, and the Schedule of Rates for Hydro’s Isolated Rural Domestic customers and
for Isolated Rural Street and Area Lighting, attached hereto as Schedule B, to
be effective for consumption on and after July 1, 2005.
2. The Board hereby approves the Schedule of
Rates for Hydro’s retail customer, NP, attached hereto as Schedule C, to be
effective as of July 1, 2005.
Date Issued:
June 16, 2005
Newfoundland Power P.U. 18 (2005)
Application:
For approval of a Contribution in Aid of
Construction for a line extension.
Decision:
Pursuant to Section 41(5) of the Act, the
Board approves the CIAC.
Date Issued:
June 22, 2005
Newfoundland Power *P.U. 19 (2005) RESCINDED* see P.U. 27 (2005)
Application:
For approval of revisions to the policies
respecting the demanding from customers of contributions toward the cost of
improvements or additions to its property (“CIAC Policies”) pursuant to
Sections 41 (6) and 55 of the Act.
Decision:
Pursuant to Section 41(6) and Section 55
of the Act, the Board approves the revised CIAC Policies as set out in Schedule
“A” and Schedule “B” to this Order to be effective on and after July 1, 2005.
Date Issued:
June 22, 2005
Newfoundland Power P.U. 20 (2005)
Application:
For approval of to issue Series AK First
Mortgage Sinking Fund Bonds pursuant to Section 91 of the Act.
Decision:
1. Approval is hereby given to Newfoundland
Power to issue Series AK First Mortgage Sinking Fund Bonds in an amount of up
to $60,000,000 and on the general terms set out in the Application subject to
the following conditions:
(a)
The Bonds shall be issued on or before December 31, 2005.
(b)
Newfoundland Power shall provide to the Board an Affidavit
specifying the terms and conditions of the Bond issue within five (5) days
(non-business days excepted) after closing the Bond issue. In particular, the Affidavit shall set forth
the following:
(i)
date of the issue;
(ii)
term;
(iii)
maturity date;
(iv)
principal amount;
(v)
coupon rate;
(vi)
particulars of sinking fund, if any;
(vii)
price to public and to the underwriters;
(viii)
yield to the public;
(ix)
agency fee;
(x)
actual cost (i.e. yield) to Newfoundland Power,;and
(xi)
any other material terms or conditions not contemplated at the date
of the Application but forming part of the negotiated terms and conditions.
(c)
Newfoundland Power shall provide to the Board a copy of the Agency Agreement
relating to the Bond issue within five (5) days (non-business days excepted)
after closing the Bond issue.
(d)
The proceeds from the Bond
issue shall be used in the manner set out in paragraph 9 of the Application,
and Newfoundland Power shall report by Affidavit to the Board on the
disposition of the proceeds no later than January 15, 2006.
2. All costs and expenses incurred by the Board
in connection with the Application shall be borne by Newfoundland Power.
Date Issued:
July 14, 2005
Newfoundland Power P.U. 21
(2005)
Application:
For approval of a contribution in aid of
construction (CIAC) for a residential subdivision located in the Town of Reidville.
Decision:
Pursuant to Section 41(5) of the Act, the
Board approves the contribution in aid of construction in the amount of Eight
thousand six hundred twenty-six dollars and fifteen cents ($8,626.15), including
HST, as calculated under the Policy to provide single-phase electric service to
a subdivision consisting of nine residential building lots located in the Town
of Reidville.
Date Issued:
July 29, 2005
Newfoundland and Labrador Hydro P.U. 22 (2005)
Application:
For approval of a contribution in aid of
construction (CIAC) for Aliant Communications Tower, Postville, Labrador
Decision:
Pursuant to Section 41(5) of the Act, the
Board approves the contribution in aid of construction in the amount of One
Hundred and Six thousand Four hundred fifty-three dollars $106,453.00),
including HST, as calculated under the Policy, to supply single-phase electric service
to one general service customer, Aliant Telecom Incorporated’s Communications
Tower, located near the Transport Canada Airstrip at Postville, Labrador.
Date Issued:
September 9, 2005
Newfoundland Power P.U. 23 (2005)
Application:
For approval of a contribution in aid of
construction for a line extension to serve Lakeside Investments Inc.
Decision:
Pursuant to Section 41(5) of the Act, the
Board approves the deviation from the Policy as described in paragraph 9 of the
Application to permit the Development to be treated as a subdivision for the
purpose of calculating a CIAC under the Policy.
Date Issued:
September 9, 2005
Newfoundland and Labrador Hydro P.U. 24 (2005)
Application:
For approval, pursuant to Section 41 (3)
of the Act, of a new proposed capital project for 2005, a Stage I Emergency
diesel at Holyrood, and the approval of two Leases: (i) a lease for the iSeries
Server; and (ii) an automobile lease.
Decision:
1.
Pursuant to Section 41(3) of the Act, changes to the 2005 capital
expenditures and leases are approved as follows:
· an
amount of $192,600 for the replacement of a failed emergency diesel generating
unit for the Holyrood Thermal Generating Station;
·
a 60-month lease of $179,987 per annum to lease the iSeries Server and
related computer equipment as required for its approved iSeries Server
Replacement Project;
·
a 40-month lease for an automobile in the annual amount of
$9,961.56; and
·
the removal of the amount of $983,000 from the previously approved
total budgeted capital expenditures.
2. Hydro
shall pay the expenses of the Board incurred in connection with this matter.
Date Issued:
September 23, 2005
Newfoundland and Labrador Hydro P.U. 25 (2005)
Application:
For approval, pursuant to Sections 41 (6)
and 55 of the Act, revisions to its policies respecting the demanding from its
customers of contributions for the costs of improvements or additions to its
property ("CIAC policies").
Decision:
Pursuant to Section 41(6) and Section 55
of the Act, the Board approves:
(i)
the revised CIAC policies as set out in Schedule "A" and
Schedule "B" attached hereto to be effective as of the date hereof.
Date Issued:
September 29, 2005
Newfoundland Power P.U. 26 (2005)
Application:
For approval, pursuant to Section 41(3)
of the Act, of capital expenditures supplement to NP’s 2005 Capital Expenditure
Budget [Order No. P.U. 43(2004)] to proceed with the construction and purchase
of certain improvements to its property.
Decision:
Pursuant to Section 41(3) of the Act, the
Board approves:
(a) the
capital expenditure in excess of $50,000, as set forth in Schedule
"B" to the Application; and
(b) the revised 2005 capital budget as set forth in Schedule
"C" to the Application.
Date Issued:
September 29, 2005
Newfoundland Power P.U. 27 (2005)
Application:
For approval of revisions to correct
omissions in the policies respecting the demanding from domestic and general
service customers of contributions toward the cost of improvements or additions
to its property (“CIAC Policies”) pursuant to Sections 41 (6) and 55 of the
Act.
Decision:
1.
Pursuant to Section 41(6) and Section 55 of the Act, the Board
approves the revised CIAC Policies as set out in Schedule “A” and Schedule “B”
to this Order to be effective on and after July 1, 2005.
2.
Order No. P.U. 19 (2005) dated June 22, 2005 is hereby rescinded.
Date Issued:
November 2, 2005
Newfoundland Power P.U. 28 (2005)
Application:
For approval of a contribution in aid of
construction (CIAC) for a line extension to serve cottage area customers
located in a Cottage Area on the Witness Bay Line near Witless Bay.
Decision:
Pursuant to Section 41(5) of the Act, the
Board approves the Non-Refundable Contribution in Aid of Construction in the
amount of Two thousand one hundred sixty-one dollars and twenty-four cents
($2,161.24), including HST, for each domestic customer, as calculated under the
Policy to provide single phase service to Domestic Customers located in a
Cottage Area on the Witless Bay Line.
Date Issued:
November 7, 2005
Newfoundland and Labrador Hydro P.U. 29 (2005)
Application:
For approval of a contribution in aid of
construction (CIAC) for a single-phase line extension to serve a Canadian Coast
Guard Communications Tower located on dome Mountain, Happy Valley-Goose Bay,
Labrador, pursuant to Section 41(5) of the Act.
Decision:
Pursuant to
section 41(5) of the Act, the Board approves the contribution in aid of
construction in the amount of $197,976.00, including HST, for the supply of
single-phase electrical service to one general service customer, the Canadian
Coast Guard Communications Tower, located on Dome Mountain, Happy Valley-Goose
Bay, Labrador, as calculated under the Policy.
Date Issued:
November 10, 2005
Newfoundland Power P.U. 30 (2005)
Application:
For approval of:
(a)
its 2006 Capital Budget of $49,258,000;
(b)
approving 2006 leases with annual payments of $52,000; and
(c)
fixing and determining its average rate base for 2004 in the amount
of $715,111,000.
Decision:
1.
Pursuant to Section 41 of the Act, NP’s capital purchases and
construction projects in excess of $50,000, as set out in Schedule A to this
Order, are approved.
2.
Pursuant to Section 41 of the Act, NP’s leases in excess of $5,000
a year, as set out in Schedule B to this Order, are approved.
3.
Pursuant to Section 41 of the Act, the 2006 Capital Budget for
improvement and additions to NP’s property in an amount of $ 49,258,000 is
approved.
4.
Pursuant to Section 78 of the Act, the rate base for the year
ending December 31, 2004 is hereby fixed and determined at $ 715,111,000.
5.
Unless otherwise directed by the Board, NP shall file an annual
report to the Board on its 2006 capital expenditures by March 1, 2007.
6.
In relation to the Wesleyville Gas Turbine Refurbishment project NP
shall file, no later than the filing of its 2007 Capital Budget Application, a
report including the final cost estimate, on the chosen alternative.
7.
Unless otherwise directed by the Board, NP shall provide in
conjunction with the 2007 Capital Budget Application, a status report on the
2006 capital budget expenditures showing for each project:
(i) the
approved budget for 2006;
(ii) the expenditures prior to 2006;
(iii) the 2006 expenditures to the date of the
application;
(iv) the remaining projected expenditures for
2006;
(v) the variance between the projected total expenditures
and the approved budget; and
(vi) an explanation of the variance.
8. NP shall pay all costs and expenses of the Board incurred in connection with the Application. Date Issued:
November 14, 2005
Newfoundland and Labrador Hydro P.U. 31 (2005)
Application:
For approval of:
(a) its 2006 Capital Budget in the amount of $42,636,000;
(b)
its 2006 Capital Purchases and Construction Projects in excess of
$50,000;
(c)
its proposed estimated Contribution in Aid of Construction of
approximately $300,000; and
(d)
fixing and determining Hydro’s average rate base for 2004 in the
amount of $1,476,724,000.
Decision:
1.
Pursuant to subsection 41(3) of the Act, improvements and additions
to Hydro’s property for construction and purchases in excess of $50,000, and
leases in excess of $5,000 in a year, as set out in Section B to the
Application and Schedule A attached to this Order, are approved.
2.
Pursuant to subsection 41(1) of the Act, the 2006 Capital Budget
for improvements and additions to Hydro’s property in the amount of $42,636,000
is approved.
3.
Pursuant to section 78 of the Act Hydro’s average rate base for the
year ending December 31st, 2004 is hereby fixed and determined at
$1,476,724,000.
4.
Hydro shall pay all costs and expenses of the Board incurred in
connection with this Application.
Date Issued:
November 30, 2005
Newfoundland Power P.U. 32 (2005)
Application:
For approval of a contribution in aid of
construction (CIAC) for a line extension to serve domestic customers residing in
a cottage area located in a Cottage Area at Thorburn Lake near Clarenville..
Decision:
Pursuant to Section 41(5) of the Act, the
Board approves the Non-Refundable Contribution in Aid of Construction in the
amount of Five thousand one hundred thirty-seven dollars and forty cents
($5,137.40), including HST, for each customer, as calculated in accordance with
Clause 6(a) of the Policy to provide single phase service to Domestic Customers
located in a Cottage Area at Thorburn Lake near Clarenville, Newfoundland and
Labrador.
Date Issued:
December 13, 2005
Newfoundland Power P.U. 33 (2005)
Application:
For approval to proceed with the
construction and purchase of certain improvements to its property pursuant to
Section 41(3) of the Act and supplemental to its 2005 capital budget approved
by Order No. P. U. 43(2004) and P. U. 26 (2005).
Decision:
1. Pursuant
to Section 41(3) of the Act, the Board approves the supplemental 2005 capital
expenditures of:
$500,000 for the
Plant Refurbishment – Rocky Pond; and
$400,000 to Repair Portable Substation
P-435.
2. NP
shall pay the expenses of the Board arising from this Application.
Date Issued:
December 15, 2005
Newfoundland Power P.U. 34 (2005)
Application:
For approval to proceed with the
construction and purchase of certain improvements to its property pursuant to
Section 41(3) of the Act and supplemental to its 2006 capital budget approved
by Order No. P. U. 30(2005).
Decision:
1. Pursuant to Section 41(3) of the Act, the Board approves the
supplemental 2006 capital expenditures of:
(i) $963,200 for the Plant
Refurbishment – Rocky Pond
2. NP shall pay the expenses of the Board arising from this Application.
Date Issued:
December 15, 2005
Newfoundland Power P.U. 35 (2005)
Application:
For approval of changes to its System of
Accounts pursuant to Section 58 of the Act and Order No. P.U. 44 (2004).
Decision:
Pursuant to Section 58 of the Act, the
Board approves the definition of the Purchase Power Unit Cost Variance Reserve
Account attached hereto and marked Schedule “A” for inclusion in Newfoundland
Power’s System of Accounts to be effective for 2005.
Date Issued:
December 14, 2005
Newfoundland Power P.U. 36 (2005)
Application:
For approval of a contribution in aid of construction
(CIAC) for a line extension to serve domestic customers residing in a cottage
area located in a Cottage Area at Cape Pond Road, off the Southern Shore
Highway.
Decision:
Pursuant to Section 41(5) of the Act, the
Board approves the Non-Refundable Contribution in Aid of Construction in the
amount of One thousand six hundred seventy-three dollars and twenty-six cents
($1,673.26), including HST, as calculated under the Policy, to provide single
phase service to Domestic Customers located in a Cottage Area on Cape Pond Road
off the Southern Shore Highway.
Date Issued:
December 14, 2005
Newfoundland and Labrador Hydro P.U. 37 (2005)
Application:
For approval of the rates to be charged
to Labrador Interconnected Customers (Rate Class 2.1H, 2.2H, 2.3H, 2.4H, 1.1W,
2.1W, 4.11W, and 4.12W) and Isolated General Service Customers (excluding
Government Departments) (Rate Class 2.1D and 2.2D), pursuant to Section 70 of
the Act.
Decision:
Pursuant to Section 70 of the Act, the
Board approves the Schedule of Rates for Hydro’s Labrador Interconnected
Customers and the Schedule of Rates for Hydro’s Isolated Customers, attached
hereto as Rates Schedules 1 to 11, to be effective for consumption on and after
January 1, 2006.
Date Issued:
December 16, 2005
Newfoundland and Labrador Hydro P.U. 38 (2005)
Application:
For approval of the rates to be charged to Newfoundland Power Inc. effective January 1, 2006, pursuant to Section 70 of the Act. Decision:
Pursuant to
Section 70 of the Act, the Board approves the Schedule of Rates for
Newfoundland Power Inc., attached hereto as Schedule 1, to be effective for
consumption on and after January 1, 2006.
Date Issued:
December 14, 2005
Newfoundland Power P.U. 39 (2005)
Application:
For approval of a schedule of rates,
tolls and charges on an interim basis pursuant to the operation of the
Automatic Adjustment Formula.
Decision:
1.
Pursuant to Section 70 of the Act, the use of rates, tolls and
charges approved in Order No. P. U. 16(2005), on an interim basis, to be
effective on all electrical usage on and after January 1, 2006, is approved.
2.
No later than January 15, 2006 NP shall apply for approval of the
forecast 2006 rate base, application of the Automatic Adjustment Formula to the
rate of return on rate base and approval of its Schedule of Rates, Tolls and
Charges.
3.
NP shall pay the expenses of the Board arising from this
Application.
Date Issued:
December 23, 2005
Newfoundland Power P.U. 40 (2005)
Application:
For approval of the accounting policy of
Newfoundland Power Inc. (“NP”) concerning revenue recognition and matters related
thereto; and an application by NP for an order pursuant to Sections 67, 69, 78
and 80 of the Act:
(a) approving changes in accounting policy concerning revenue
recognition to be effective for 2006 and subsequent years;
(b) approving the recognition of $9,579,000 in 2005 Unbilled Revenue as
revenue for regulatory purposes for 2006;
(c) approving
the disposition of the balance of the Unbilled Revenue Increase Reserve; and
(d) approving revised values for rate base and
invested capital for use in the Automatic Adjustment Formula for the
calculation of return on rate base for 2006 pursuant to Order No. P. U.
19(2003).
Decision:
1.
NP’s proposal to adopt the Accrual Method of revenue recognition
commencing in 2006 is approved.
2.
NP’s proposal to apply $295,000 of the 2005 Unbilled Revenue in
2006 to dispose of the current balance in the Unbilled Revenue Increase Reserve
is approved.
3.
NP’s proposal to recognize for regulatory purposes $3,086,000 of
the 2005 Unbilled Revenue in 2006 to account for income tax effects arising
from the tax settlement is approved.
4.
NP shall defer recovery of an increase in 2006 depreciation expense
of $5,793,000 in 2006 related to the amortization of the depreciation true-up
as approved in Order No. P.U. 19(2003) until a further Order of the Board.
5.
NP shall deduct the average value of the unrecognized 2005 Unbilled
Revenue from rate base commencing in 2006.
6.
NP shall, for regulatory purposes commencing in 2006, discontinue
the use of regulated common equity and substitute book common equity in the
calculation of return on rate base.
7.
NP shall file with its 2005 and 2006 annual returns a schedule
which provides a reconciliation of the balance of the unrecognized 2005
Unbilled Revenue.
8.
NP shall pay the expenses of
the Board arising from this Application, including the expenses of the Consumer
Advocate incurred by the Board.
Date Issued:
December 23, 2005
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