2The following definitions apply in this Regulation.
“Act” means the Electricity Act.(Loi)
“deferral account” means the deferral account established and maintained by the Distribution Corporation under section 143.1 of the Act.(compte de report)
“Modified Transaction Scheduling and Settlement system” means the Transaction Scheduling and Settlement system, modified to calculate an estimate of the fuel and purchased power costs of the Generation Corporation in a simulation in which the Point Lepreau nuclear generating station continues to operate throughout the out of service period.(système logiciel modifié d’ordonnancement et de règlement des transactions)
“Nuclear PPA price” means the price, per MWh, established under the agreement dated October 1, 2004, and known as the “New Brunswick Power Distribution and Customer Service Corporation and New Brunswick Power Nuclear Corporation Power Purchase Agreement - Point Lepreau Nuclear Generating Station”, which price is as follows:
( Prix PPA nucléaire)
(a)
for the fiscal year ending March 31, 2008, - $53.19 per MWh;
(b)
for the fiscal year ending March 31, 2009, - $53.71 per MWh;
(c)
for the fiscal year ending March 31, 2010, - $54.18 per MWh;
(d)
for the fiscal year ending March 31, 2011, - $54.35 per MWh;
(e)
for the fiscal year ending March 31, 2012, - $54.92 per MWh;
(f)
for the fiscal year ending March 31, 2013, - $55.81 per MWh; and
(g)
in each subsequent fiscal year, as adjusted for changes in the Consumer Price Index in accordance with the formula established in the agreement.
“out of service period” means the period of time beginning when the Point Lepreau nuclear generating station is out of service due to the project until such time that the station returns to normal service.(période d’interruption de service)
“project” means the project to refurbish the Point Lepreau nuclear generating station.(projet)
“replacement electricity” means the electricity supplied by the Generation Corporation to the Distribution Corporation that, but for the project, would in the normal course have been supplied to the Distribution Corporation by the Nuclear Corporation from electricity generated at the Point Lepreau nuclear generating station during the out of service period.(électricité de remplacement)
“Transaction Scheduling and Settlement system” means the software system of the Generation Corporation in which the actual fuel and purchased power costs of the Generation Corporation are recorded and which is used to schedule all the transactions for the purchase and sale of energy and capacity and to allocate the actual fuel and purchased power costs and the revenues earned from out-of-province sales to each transaction.(système logiciel d’ordonnancement et de règlement des transactions)