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ORDERS ISSUED BY THE BOARD DURING 2021

UNDER THE PUBLIC UTILITIES ACT CHAPTER P- 47, 1990

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Newfoundland and Labrador Hydro
  Application:  
  Application by Newfoundland and Labrador Hydro for approval of a revision to the Revised Energy Supply Cost Variance Deferral Account, pursuant to Order No. P.U. 29(2020).
  Decision:  
 
  1. The proposed revision to the Revised Energy Supply Cost Variance Deferral Account as set out in Schedule A, with an effective date of January 1, 2021, is approved.
  2. Hydro shall pay all expenses of the Board arising from this Application.
  Date Issued:  
  January 12, 2021  
     
     
Newfoundland and Labrador Hydro
  Application:  
  Application by Newfoundland and Labrador Hydro for approval for an Order, pursuant to sections 41 and 78 of the Act: (a) approving its 2021 capital purchases and construction projects in excess of $50,000; (b) approving its 2021 Capital Budget of $107,452,400; and (c) fixing and determining its average rate base for 2017, 2018, and 2019 in the amounts of $2,068,754,000, $2,265,683,000, and $2,306,047,000 respectively.
  Decision:  
 
  1. Hydro’s proposed construction and purchase of improvement or additions to its property in excess of $50,000 to be completed in 2021, as set out in Schedule A to this Order, are approved.
  2. Hydro’s proposed multi-year proposed construction and purchase of improvement or additions to its property in excess of $50,000, as set out in Schedule B to this Order, are approved.
  3. Hydro’s 2021 Capital Budget for improvements or additions to its property in an amount of $103,986,400, as set out in Schedule C to this order, is approved.
  4. Hydro’s average rate base for the year ending December 31, 2017 is hereby fixed and determined to be $2,068,754,000.
  5. Hydro’s average rate base for the year ending December 31, 2018 is hereby fixed and determined to be $2,265,683,000.
  6. Hydro’s average rate base for the year ending December 31, 2019 is hereby fixed and determined to be $2,306,047,000.
  7. Unless otherwise directed by the Board Hydro shall file, with the 2022 Capital Budget Application, an updated overview in relation to the proposed capital expenditures for the Holyrood Thermal Generating Station.
  8. Unless otherwise directed by the Board Hydro shall file an annual report to the Board on its 2021 capital expenditures by March 1, 2022.
  9. Unless otherwise directed by the Board Hydro shall provide, in conjunction with the 2022 Capital Budget Application, a status report on the 2021 capital budget expenditures showing for each project:
      1. the approved budget for 2021;
      2. the expenditures prior to 2021;
      3. the 2021 expenditures to the date of application;
      4. the remaining projected expenditures for 2021;
      5. the variance between the projected total expenditures and the approved budget; and
      6. an explanation of the variance.
  10. Hydro shall pay all costs and expenses of the Board incurred in connection with the Application.
  Date Issued:  
  January 15, 2021  
     
     
     
     
     
     
     


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