BOMA`s Interrogatories to PowerStream Inc. 2016 Rate Proposal

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EB-2015-0003
BOMA's Interrogatories to PowerStream Inc.
2016 Rate Proposal
CDM and Smart Grid Matters / General Questions
1.
2.
Please provide copies of:
(a)
CDM plan for 2011-2014;
(b)
the extent to which the Company achieved its goals (KWh and KW) for that plan;
(c)
draft CDM plan for 2015-2020;
(d)
status of microgrid pallet project, rationale, costs, results to date:

amounts of connected DG, renewable and otherwise;

forecast for DG for 2015-2019;

description of any impediments to DG and company's plans to remove them;

impact of the OEB's new distribution policy on the above.
Please provide a copy of:
(a)
PowerStream's ("PS") strategic objectives;
(b)
financial statements for each of the last three years (2012, 2013 and 2014), and
rating agency reports, if any;
-2(c)
any regional planning documents that bear on PS's application;
(d)
detailed description of Copper Leaf C55 and how it was used to prioritize and
optimize expenditures over the plan period;
(e)
written mandate for the Budget Working Group, budget submissions to that
Group, and documents incorporating the reports from that Group, including its
recommendations on "gaps between targets and detailed budget build amounts".
Please explain fully.
3.
Exhibit A, Tab 1, Page 4: Why does PS not accept the normal 50%-50% shown between
ratepayers and shareholders of tax rate changes within an IRM period?
4.
Exhibit C, Page 2: Please confirm that forecast debt rates for each year of the plan will
be based on the latest available public information on interest rates.
5.
Why does PS not propose an earnings sharing plan?
6.
Exhibit F, Tab 2, Page 2 (Table 1): What steps will PS take to reverse its declining
productivity?
7.
Exhibit F, Tab 2, Page 4(b): Please quantify the impact on PS's costs increases of
"replacement of capital stock and distribution infrastructure that did not attract a
depreciation charge". Please discuss fully.
8.
Exhibit F, Tab 2, Page 4(c): Does PS agree that bullets 2 and 3 are not business
conditions, but rather management decisions taken to grow the business. Please discuss
fully.
-39.
Please explain at what point PS considers assets to be used or useful and adds them to
rate base. Describe the extent to which and quantify, over the last five years, assets that it
adds to rate base that are not yet energized and being used to distribute electricity, eg.
civil underground cable conduit structures into which electrical cable has not been placed
and connected, partially completed stations which are not yet operational, and the like.
10.
Exhibit G, Tab 2, Section 3.3.1, Page 22: Please provide a copy of the strategic direction
five year capital success factors.
11.
Exhibit G, Tab 2, Section 5.2.3, Page 9:
Please provide a copy of the reliability
performance reports for the years 2010, 2011, 2012, 2013 and 2014.
K:\tbrett\wpdata\CLIENTS\Fraser & Company\BOMA - EB-2014-0108 PowerStream Custom IR\BOMA IRs.docx
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