“Act” means the Electricity Act. (Loi)

“Actual Energy Supply Cost” means the actual monthly energy supply cost incurred by the Corporation to supply in-province customers, expressed in dollars. (coût réel de l’approvisionnement énergétique)

“Actual Out-of-Province Gross Margin” means the actual monthly out-of-province revenue from the sale of electricity, capacity and renewable energy certificates less the actual out-of-province energy supply cost, expressed in dollars, excluding all costs and revenues associated with a Unit Participation Agreement between the Corporation and Maritime Electric Company Limited dated March 29, 1994, and any amendments to that agreement. (marge brute réelle hors de la province)

“Actual Sales Revenue” means the actual monthly revenue from sales of electricity to in-province customers. (revenu réel tiré des ventes)

“Actual Sales Volume” means the actual monthly volume of electricity sold to in-province customers, expressed in Megawatt hours (MWh). (volume réel des ventes)

“Adjustment Factor” means the monthly recovery from or reimbursement to customers through rate riders determined by the Board under section 12. (facteur de rajustement)

“Electricity Sales and Margin Variance” means the variance calculated in accordance with section 6.(ventes d’électricité et marges d’écart)

“Electricity Sales and Margin Variance Account” means the regulatory variance account required under paragraph 117.4(1)(b) of the Act. (compte des ventes d’électricité et des marges d’écart)

“Energy Supply Cost Variance” means the variance calculated in accordance with section 4. (coût d’écart de l’approvisionnement énergétique)

“Energy Supply Cost Variance Account” means the regulatory variance account required under paragraph 117.4(1)(a) of the Act.(compte d’écart des coûts de l’approvisionnement énergétique)

“Forecasted Energy Supply Cost Rate” means the forecasted energy supply cost for in-province customers reflected in the revenue requirements of the Corporation as approved by the Board and expressed in $/MWh, calculated as the total monthly energy supply cost to serve in-province customers, divided by the total monthly volume of in-province sales of electricity. (taux du coût de l’approvisionnement énergétique prévu)

“Forecasted Margin Rate” means the forecasted monthly margin rate on in-province sales of electricity, expressed in $/MWh, reflected in the revenue requirements of the Corporation as approved by the Board, calculated as: (taux de la marge prévu)

“Forecasted Out-of-Province Gross Margin” means the forecasted monthly out-of-province revenue from the sale of electricity, capacity and renewable energy certificates, less the corresponding forecasted monthly out-of-province energy supply cost, expressed in dollars, excluding all costs and revenues associated with a Unit Participation Agreement between the Corporation and Maritime Electric Company Limited dated March 29, 1994, and any amendments to that agreement. (marge brute hors de la province prévue)

“Forecasted Sales Revenue” means the total forecasted monthly revenue from sales of electricity to in-province customers reflected in the revenue requirements of the Corporation as approved by the Board.(revenu de ventes prévu)

“Forecasted Sales Volume” means the monthly volume of forecasted in-province electricity sales, expressed in MWh, reflected in the revenue requirements of the Corporation as approved by the Board.(volume des ventes prévu)

“Load – Price Variance” means the variance calculated under subsection 6(4). (charge – écart de prix)

“Load – Volume Variance” means the variance calculated under subsection 6(5). (charge – écart de volume)

“Out-of-Province Gross Margin Variance” means the variance calculated under subsection 6(3). (marge d’écart brute hors de la province)

“Rate rider” means the rate charged or credited to customers, expressed in each of cents/kWh and dollars/MWh, calculated in accordance with section 12 and applied only to the energy consumption of each rate class. (avenant tarifaire)

“Energy Efficiency and Demand Response Deferral Account” means the regulatory deferral account required under section 117.3(1) of the Act.(compte de report relatif à l’efficacité énergétique et à la réponse à la demande)

“Expected Benefit Period” means the period of time that an energy efficiency or demand side management measure, once implemented, would be expected to provide benefits into the future, as that benefit period may be established by evaluation, measurement and verification procedures recognized in the regulation of utilities. (période attendue de bénéfice)

“Qualifying Costs” means all costs and expenditures incurred by the Corporation for the purpose of fulfilling the responsibilities of the Corporation under sections 117.1 and 117.2 of the Act, with the exception of costs and expenditures that:(coûts admissibles)