The link to the full report is here.
This submission presents NS Power’s initial findings and recommendations concerning the introduction of TVP with respect to:
The initial TVP proposed tariff offerings; a Critical Peak Pricing Tariff and a Time-of-Use Tariff.
Updated peak and off-peak periods to focus customer demand reduction on the periods of greatest monthly and daily load peaks and highest marginal cost for the NS Power system. Recommended time of use and critical peak pricing applicable to the Residential, Small General and General Demand classes.
This work has been developed in collaboration with the Brattle Group (Brattle), who are industry leaders in time-varying pricing. The information presented within this submission provides a complete record of our engagement with Brattle and support for the conclusions and recommendations presented. Key findings include:
- Calculation of the forecast demand reduction effect of these tariffs and the customer bill and revenue effects of the programs across various pricing ratios.
- Recommendations concerning customer engagement and initial pilot design if this is determined desirable by stakeholders and the Nova Scotia Utility and Review Board (Board, NSUARB).