Kerr-Philpott System, 57353-57371 [2015-24196]
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(C) provide the lowest possible rates
to consumers consistent with sound
business principles.
10. Unlike the Commission’s statutory
authority under the Federal Power Act,
the Commission’s authority under
sections 7(a) and 7(k) of the Northwest
Power Act does not include the power
to modify the rates. The responsibility
for developing rates in the first instance
is vested with Bonneville’s
Administrator. The rates are then
submitted to the Commission for
approval or disapproval. In this regard,
the Commission’s role can be viewed as
an appellate one: to affirm or remand
the rates submitted to it for review.23
11. Moreover, review at this interim
stage is further limited. In view of the
volume and complexity of a Bonneville
rate application, such as the one now
before the Commission in this filing,
and the limited period in advance of the
requested effective date in which to
review the application,24 the
Commission generally defers resolution
of issues on the merits of Bonneville’s
application until the order on final
confirmation. Thus, the proposed rates,
if not patently deficient, generally are
approved on an interim basis and the
parties are afforded an additional
opportunity in which to raise issues
with regard to Bonneville’s filing.25
12. The Commission declines at this
time to grant final confirmation and
approval of Bonneville’s proposed
wholesale power and transmission rates.
The Commission’s preliminary review
nevertheless indicates that Bonneville’s
wholesale power and transmission rates
filing appears to meet the statutory
standards and the minimum threshold
filing requirements of Part 300 of the
Commission’s regulations.26 Moreover,
the Commission’s preliminary review of
Bonneville’s submittal indicates that it
does not contain any patent
deficiencies. The proposed rates
therefore will be approved on an interim
basis pending our further review. We
note, as well, that no one will be
harmed by this decision because interim
approval allows Bonneville’s rates to go
23 See, e.g., United States Department of Energy—
Bonneville Power Admin., 67 FERC ¶ 61,351, at
62,216–17 (1994); see also, e.g., Aluminum Co. of
America v. Bonneville Power Admin., 903 F.2d 585,
592–93 (9th Cir. 1989).
24 See 18 CFR 300.10(a)(3)(ii) (2015).
25 See, e.g., United States Department of Energy—
Bonneville Power Administration, 64 FERC ¶
61,375, at 63,606 (1993); United States Department
of Energy—Bonneville Power Admin., 40 FERC ¶
61,351, at 62,059–60 (1987).
26 See, e.g., United States Department of Energy—
Bonneville Power Admin., 105 FERC ¶ 61,006, at PP
13–14 (2003); United States Department of Energy—
Bonneville Power Admin., 96 FERC ¶ 61,360, at
62,358 (2001).
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into effect subject to refund with
interest; the Commission may order
refunds with interest if the Commission
later determines in its final decision not
to approve the rates.27
13. In addition, we will provide an
additional period of time for parties to
file comments and reply comments on
issues related to final confirmation and
approval of Bonneville’s proposed rates.
This will ensure that the record in this
proceeding is complete and fully
developed.
The Commission orders:
(A) Interim approval of Bonneville’s
proposed wholesale power and
transmission rates is hereby granted, to
become effective on October 1, 2015,
through September 30, 2017, subject to
refund with interest as set forth in
section 300.20(c) of the Commission’s
regulations 28 pending final action and
either their approval or disapproval.
(B) Within thirty (30) days of the date
of this order, parties who wish to do so
may file additional comments regarding
final confirmation and approval of
Bonneville’s proposed rates. Parties who
wish to do so may file reply comments
within twenty (20) days thereafter.
(C) The Secretary shall promptly
publish this order in the Federal
Register.
By the Commission.
Issued: September 17, 2015.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. 2015–24136 Filed 9–22–15; 8:45 am]
BILLING CODE 6717–01–P
DEPARTMENT OF ENERGY
Southeastern Power Administration
Kerr-Philpott System
Southeastern Power
Administration, (Southeastern),
Department of Energy.
ACTION: Notice of interim approval.
AGENCY:
The Deputy Secretary,
Department of Energy, confirmed and
approved, on an interim basis new rate
schedules VA–1–C, VA–2–C, VA–3–C,
VA–4–C, DEP–1–C, DEP–2–C, DEP–3–C,
DEP–4–C, AP–1–C, AP–2–C, AP–3–C,
AP–4–C, NC–1–C, and Replacement–2–
B. These rate schedules are applicable to
Southeastern power sold to existing
preference customers in the Virginia
and North Carolina service area. The
rate schedules are approved on an
interim basis through September 30,
2020, and are subject to confirmation
SUMMARY:
27 See
28 18
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18 CFR 300.20(c) (2015).
CFR 300.20(c) (2015).
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57353
and approval by the Federal Energy
Regulatory Commission (FERC) on a
final basis.
DATES: The rates are effective October 1,
2015.
FOR FURTHER INFORMATION CONTACT:
Virgil G. Hobbs III, Assistant
Administrator, Finance and Marketing,
Southeastern Power Administration,
Department of Energy, 1166 Athens
Tech Road, Elberton, Georgia 30635–
4578, (706) 213–3800.
SUPPLEMENTARY INFORMATION: The
Federal Energy Regulatory Commission,
by Order issued March 11, 2011, in
Docket No. EF10–8–000 (134 FERC
62,233), confirmed and approved
Wholesale Power Rate Schedules VA–1–
B, VA–2–B, VA–3–B, VA–4–B, CP&L–1–
B, CP&L–2–B, CP&L–3–B, CP&L–4–B,
AP–1–B, AP–2–B, AP–3–B, AP–4–B,
NC–1–B, and Replacement–2–A through
September 30, 2015. This order replaces
these rate schedules on an interim basis,
subject to final approval by FERC.
Dated: September 16, 2015.
Elizabeth Sherwood-Randall,
Deputy Secretary of Energy.
Department of Energy
Deputy Secretary
In the Matter of: Southeastern Power
Administration), Kerr-Philpott System
Power Rates), Rate Order No. SEPA–58
Order Confirming and Approving
Power Rates on an Interim Basis
Pursuant to Sections 302(a) of the
Department of Energy Organization Act,
Public Law 95–91, the functions of the
Secretary of the Interior and the Federal
Power Commission under Section 5 of
the Flood Control Act of 1944, 16 U.S.C.
825s, relating to the Southeastern Power
Administration (Southeastern), were
transferred to and vested in the
Secretary of Energy. By Delegation
Order No. 00–037.00A, effective
December 6, 2001, the Secretary of
Energy delegated to Southeastern’s
Administrator the authority to develop
power and transmission rates, to the
Deputy Secretary of Energy the
authority to confirm, approve, and place
in effect such rates on interim basis, and
to the Federal Energy Regulatory
Commission (FERC) the authority to
confirm, approve, and place into effect
on a final basis or to disapprove rates
developed by the Administrator under
the delegation. This rate is issued by the
Deputy Secretary pursuant to that
delegation order.
Background
Power from the Kerr-Philpott Projects
is presently sold under Wholesale
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Power Rate Schedules VA–1–B, VA–2–
B, VA–3–B, VA–4–B, CP&L–1–B, CP&L–
2–B, CP&L–3–B, CP&L–4–B, AP–1–B,
AP–2–B, AP–3–B, AP–4–B, NC–1–B,
and Replacement–2–A. These rate
schedules were approved by the FERC
on March 11, 2011, for a period ending
September 30, 2015 (134 FERC 62,233).
Public Notice and Comment
Notice of a proposed rate adjustment
for the Kerr-Philpott System was
published in the Federal Register (80
FR 12819) on March 11, 2015. The
notice advised interested parties that a
public information and comment forum
would be held in Boydton, Virginia on
April 21, 2015. Written comments were
due on or before June 9, 2015. The
proposed rate adjustment was a
reduction of about six percent (6%).
Subsequent to the Public Information
and Comment Forum on April 21,
Southeastern discovered an error due to
omissions in the repayment study used
to develop the proposed rate schedules.
Two accounting lines were omitted from
the estimated Corps O&M expenses
included in the study. The accounting
lines were Work Category Code 602,
Operation for Flood Damage Reduction,
and Work Category Code 612,
Maintenance for Flood Damage
Reduction. On June 1, 2015,
Southeastern sent a letter to all KerrPhilpott customers notifying them of the
error and notifying them Southeastern
intended to add the omitted accounting
lines and correct the error in the rate
schedules Southeastern would
recommend to the Deputy Secretary.
After these corrections, the proposed
rate is an increase of about 2.2 percent.
Southeastern received comments from
one source, the Southeast Federal Power
Customers, Inc., as a result of the above
notifications. The comments and
Southeastern’s response are below.
Comment: The SeFPC questions
whether the expenses in accounts WCC
602 and 612 should properly be
assigned to hydropower as a joint
expense. Given the Congressional
Mandate to provide flood control at the
Kerr and Philpott projects, the
assignment of these costs appears to be
arbitrary, capricious, and not consistent
with the authorizing statutes. The
SeFPC would ask SEPA to review the
inclusion of these costs and work with
Corps representatives to remove such
expenses as joint expense for purpose of
the proposed rate. Failure to take this
action would impose over $10 million in
additional cost for the hydropower
customers over the five year study
period in the repayment study which
should properly be borne by the flood
control purpose.
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The referenced Work Category Codes
602 and 612 contain operation and
maintenance expenses associated with
flood risk management. The Corps has
taken the position the John H. Kerr and
Philpott final cost allocations state that
the only specific costs at these
reservoirs are Power and Recreation,
and that as a result, the Corps cannot
charge costs to the flood control purpose
at these projects.
The $10 million assigned to
hydropower and disputed by SeFPC
include the operations, maintenance
and readiness of equipment associated
with spillways, sluices, pumping plants
and earthen dams. The Corps has
included these costs in the O&M
expenses included in the financial
statements provided to Southeastern for
the John H. Kerr and Philpott projects.
SeFPC has raised legitimate questions
about the nature and assignment of
WCC s 602 and 612. Further study of
this issue is necessary. Southeastern
will continue to discuss with the Corps
the appropriateness of assigning these
costs solely to hydropower.
Southeastern and the Corps have
discussed the need for a new authorized
purpose allocation study and agreed to
jointly fund the effort. Once completed,
Southeastern and the Corps will work
together to determine whether costs in
these accounts should be allocated to
purposes other than Power and
Recreation. A reallocation could
significantly reduce the proportion of
charges assigned to Southeastern’s
power customers and ensure that costs
are being assigned to appropriate costcausers.
Discussion
System Repayment
An examination of Southeastern’s
revised system power repayment study,
prepared in July 2015, for the KerrPhilpott System shows that with the
proposed rates, all system power costs
are paid within the appropriate
repayment period required by existing
law and DOE Procedure RA 6120.2. The
Administrator of Southeastern Power
Administration has certified that the
rates are consistent with applicable law
and that they are the lowest possible
rates to customers consistent with
sound business principles, pursuant to
section 5 of the Flood Control Act (16
U.S.C.A.835(s)).
Environmental Impact
Southeastern has reviewed the
possible environmental impacts of the
rate adjustment under consideration and
has concluded that, because the
adjusted rates would not significantly
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affect the quality of the human
environment within the meaning of the
National Environmental Policy Act of
1969 (42 U.S.C.A 4332), the proposed
action is not a major Federal action for
which preparation of an Environmental
Impact Statement is required.
Availability of Information
Information regarding these rates,
including studies and other supporting
materials and transcripts of the public
information and comment forum, is
available for public review in the offices
of Southeastern Power Administration,
1166 Athens Tech Road, Elberton,
Georgia 30635, and in the Power
Marketing Liaison Office, James
Forrestal Building, 1000 Independence
Avenue SW., Washington, DC 20585.
Order
In view of the foregoing and pursuant
to the authority delegated to me by the
Secretary of Energy, I hereby confirm
and approve on an interim basis,
effective October 1, 2015, attached
Wholesale Power Rate Schedules VA–1–
C, VA–2–C, VA–3–C, VA–4–C, DEP–1–
C, DEP–2–C, DEP–3–C, DEP–4–C, AP–
1–C, AP–2–C, AP–3–C, AP–4–C, NC–1–
C, and Replacement–2–B. The Rate
Schedules shall remain in effect on an
interim basis through September 30,
2020, unless such period is extended or
until the FERC confirms and approves
them or substitutes Rate Schedules on a
final basis.
Dated: September 16, 2015.
Elizabeth Sherwood-Randall
Deputy Secretary of Energy
Wholesale Power Rate Schedule
VA–1–C
Availability:
This rate schedule shall be available
to public bodies and cooperatives (any
one of whom is hereinafter called the
Customer) in Virginia and North
Carolina to whom power may be
transmitted and scheduled pursuant to
contracts between the Government,
Virginia Electric and Power Company
(hereinafter called the Company), the
Company’s Transmission Operator,
currently PJM Interconnection LLC
(hereinafter called PJM), and the
Customer. This rate schedule is
applicable to customers receiving power
from the Government on an arrangement
where the Company schedules the
power and provides the Customer a
credit on their bill for Government
power. Nothing in this rate schedule
shall preclude modifications to the
aforementioned contracts to allow an
eligible customer to elect service under
another rate schedule.
Applicability:
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the delivery points of the Customer on
the Company’s transmission and
distribution system.
Monthly Rate:
The initial base monthly rate for
capacity, energy, and generation
services provided under this rate
schedule for the period specified shall
be:
Initial Base Capacity Charge:
This rate schedule shall be applicable
to the sale at wholesale of power and
accompanying energy generated at the
John H. Kerr and Philpott Projects and
sold under appropriate contracts
between the Government and the
Customer.
Character of Service:
The electric capacity and energy
supplied hereunder will be delivered at
$4.40 per kilowatt of total contract
demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment
study that projects that the Kerr-Philpott
System will produce the following net
revenue available for repayment by
fiscal year and cumulative net revenue
available for repayment by fiscal year:
Estimated annual
net revenue
available for
repayment
Fiscal year
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2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Cumulative net
revenue available
for repayment
$490,000
$2,730,000
$2,420,000
$1,910,000
$1,910,000
$2,010,000
$2,110,000
$2,190,000
$2,290,000
$2,400,000
$490,000
$3,220,000
$5,640,000
$7,550,000
$9,460,000
$11,470,000
$13,580,000
$15,770,000
$18,060,000
$20,460,000
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The rates include a true-up of the
capacity and energy rates based on the
variance of the actual cumulative net
revenue available for repayment from
the planned cumulative net revenue
available for repayment in the table
above. For every $100,000 underrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will increase the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and increase the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. For every $100,000 of overrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will reduce the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and reduce the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. Southeastern will give written
notice to the customers of the amount of
the true-up to the capacity and energy
rates by February 1 of the next fiscal
year.
Additional rates for transmission and
any ancillary services provided under
this rate schedule shall be the rates
charged Southeastern Power
Administration by the Company or PJM.
Future adjustments to these rates will
become effective upon acceptance for
filing by the Federal Energy Regulatory
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Commission (FERC) of the Company’s
rate.
Transmission:
$0.775 per kilowatt of total contract
demand per month estimated as of April
2015, is presented for illustrative
purposes.
Ancillary Services:
0.34 mills per kilowatt-hour of energy
estimated as of April 2015, is presented
for illustrative purposes.
The initial charge for transmission
and Ancillary Services will be the
Customer’s ratable share of the charges
for transmission, distribution, and
ancillary services paid by the
Government. The charges for
transmission and ancillary services are
governed by and subject to refund based
upon the determination in proceedings
before the FERC involving the
Company’s or PJM’s Open Access
Transmission Tariff (OATT).
Proceedings before FERC involving
the OATT or the Distribution charge
may result in the separation of charges
currently included in the transmission
rate. In this event, the Government may
charge the Customer for any and all
separate transmission, ancillary
services, and distribution charges paid
by the Government in behalf of the
Customer. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract
demand per month, as an estimated cost
as of April 2015.
The tandem transmission charge will
recover the cost of transmitting power
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from a project to the border of another
transmitting system. This rate will be a
formulary rate based on the cost to the
Government for transmission of power
from the Philpott project to the border
of the Virginia Electric and Power
Company System and the cost to the
Government for transmission of power
from the John H. Kerr Project to the
border of the Duke Energy Progress
System. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Transmission and Ancillary Services:
The charges for transmission and
ancillary services shall be governed by
and subject to refund based upon the
determination in the proceeding
involving the Company’s or PJM’s
OATT.
Capacity Performance NonPerformance Charge:
Requirements of the PJM capacity
performance market may lead to nonperformance charges to Southeastern.
These non-performance charges, if
incurred, will be allocated to the
capacity delivered in PJM (currently
120,100 kilowatts) in the month
incurred.
Contract Demand:
The contract demand is the amount of
capacity in kilowatts stated in the
contract which the Government is
obligated to supply and the Customer is
entitled to receive.
Energy to be Furnished by the
Government:
The Government will sell to the
Customer and the Customer will
purchase from the Government energy
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each billing month equivalent to a
percentage specified by contract of the
energy made available to the Company
(less applicable losses). The Customer’s
contract demand and accompanying
energy will be allocated proportionately
to its individual delivery points served
from the Company’s system. The
applicable energy loss factor for
transmission is specified in the OATT.
These losses shall be effective until
modified by the FERC, pursuant to
application by the Company or PJM
under Section 205 of the Federal Power
Act or Southeastern Power
Administration under Section 206 of the
Federal Power Act or otherwise.
Billing Month:
The billing month for power sold
under this schedule shall end at 12:00
midnight on the last day of each
calendar month.
Wholesale Power Rate Schedule VA–2–
C
Availability:
This rate schedule shall be available
to public bodies and cooperatives (any
one of whom is hereinafter called the
Customer) in Virginia and North
Carolina to whom power may be
transmitted pursuant to contracts
between the Government, Virginia
Electric and Power Company
(hereinafter called the Company), the
Company’s Transmission Operator,
currently PJM Interconnection LLC
(hereinafter called PJM), and the
Customer. The Customer has chosen to
self-schedule and does not receive
Government power under an
arrangement where the Company
schedules the power and provides a
credit on the Customer’s bill for
Government power. The Customer is
responsible for providing a scheduling
arrangement with the Government. The
Government is responsible for arranging
transmission with the Company and
PJM. Nothing in this rate schedule shall
preclude modifications to the
aforementioned contracts to allow an
eligible customer to elect service under
another rate schedule.
Applicability:
This rate schedule shall be applicable
to the sale at wholesale of power and
accompanying energy generated at the
John H. Kerr and Philpott Projects and
sold under appropriate contracts
between the Government and the
Customer.
Character of Service:
The electric capacity and energy
supplied hereunder will be delivered at
the delivery points of the Customer on
the Company’s transmission and
distribution system.
Monthly Rate:
The initial base monthly rate for
capacity, energy, and generation
services provided under this rate
schedule for the period specified shall
be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract
demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment
study that projects that the Kerr-Philpott
System will produce the following net
revenue available for repayment by
fiscal year and cumulative net revenue
available for repayment by fiscal year:
Estimated annual
net revenue
available
for repayment
Fiscal year
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2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Cumulative net
revenue available
for repayment
$490,000
2,730,000
2,420,000
1,910,000
1,910,000
2,010,000
2,110,000
2,190,000
2,290,000
2,400,000
$490,000
3,220,000
5,640,000
7,550,000
9,460,000
11,470,000
13,580,000
15,770,000
18,060,000
20,460,000
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.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
The rates include a true-up of the
capacity and energy rates based on the
variance of the actual cumulative net
revenue available for repayment from
the planned cumulative net revenue
available for repayment in the table
above. For every $100,000 underrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will increase the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and increase the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. For every $100,000 of overrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will reduce the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
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18:00 Sep 22, 2015
Jkt 235001
per kilowatt per month, and reduce the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. Southeastern will give written
notice to the customers of the amount of
the true-up to the capacity and energy
rates by February 1 of the next fiscal
year.
Additional rates for transmission and
any ancillary services provided under
this rate schedule shall be the rates
charged Southeastern Power
Administration by the Company or PJM.
Future adjustments to these rates will
become effective upon acceptance for
filing by the Federal Energy Regulatory
Commission (FERC) of the Company’s
rate.
Transmission:
$0.775 per kilowatt of total contract
demand per month estimated as of April
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Fmt 4703
Sfmt 4703
2015, is presented for illustrative
purposes.
Ancillary Services:
0.34 mills per kilowatt-hour of energy
estimated as of April 2015, is presented
for illustrative purposes.
The initial charge for transmission
and ancillary services will be the
Customer’s ratable share of the charges
for transmission, distribution, and
ancillary services paid by the
Government. The charges for
transmission and ancillary services are
governed by and subject to refund based
upon the determination in proceedings
before the FERC involving the
Company’s or PJM’s Open Access
Transmission Tariff (OATT).
Proceedings before FERC involving
the OATT or the distribution charge
may result in the separation of charges
currently included in the transmission
rate. In this event, the Government may
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charge the Customer for any and all
separate transmission, ancillary
services, and distribution charges paid
by the Government in behalf of the
Customer. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract
demand per month, as an estimated cost
as of April 2015.
The tandem transmission charge will
recover the cost of transmitting power
from a project to the border of another
transmitting system. This rate will be a
formulary rate based on the cost to the
Government for transmission of power
from the Philpott project to the border
of the Virginia Electric and Power
Company System and the cost to the
Government for transmission of power
from the John H. Kerr Project to the
border of the Duke Energy Progress
System. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Transmission and Ancillary Services:
The charges for transmission and
ancillary services shall be governed by
and subject to refund based upon the
determination in the proceeding
involving the Company’s or PJM’s
OATT.
Capacity Performance NonPerformance Charge:
Requirements of the PJM capacity
performance market may lead to nonperformance charges to Southeastern.
These non-performance charges, if
incurred, will be allocated to the
capacity delivered in PJM (currently
120,100 kilowatts) in the month
incurred.
Contract Demand:
The contract demand is the amount of
capacity in kilowatts stated in the
contract which the Government is
obligated to supply and the Customer is
entitled to receive.
Energy to be Furnished by the
Government:
The Government will sell to the
Customer and the Customer will
purchase from the Government energy
each billing month equivalent to a
percentage specified by contract of the
energy made available to the Company
(less applicable losses). The Customer’s
contract demand and accompanying
energy will be allocated proportionately
to its individual delivery points served
from the Company’s system. The
applicable energy loss factor for
transmission is specified in the OATT.
These losses shall be effective until
modified by FERC, pursuant to
application by the Company or PJM
under Section 205 of the Federal Power
Act or Southeastern Power
Administration under Section 206 of the
Federal Power Act or otherwise.
Billing Month:
The billing month for power sold
under this schedule shall end at 12:00
midnight on the last day of each
calendar month.
Wholesale Power Rate Schedule VA–3–
C
Availability:
This rate schedule shall be available
to public bodies and cooperatives (any
one of whom is hereinafter called the
Customer) in Virginia and North
Carolina to whom power may be
scheduled pursuant to contracts
between the Government, Virginia
Electric and Power Company
(hereinafter called the Company), the
Company’s Transmission Operator,
currently PJM Interconnection LLC
(hereinafter called PJM), and the
Customer. The Government is
responsible for providing the
scheduling. The Customer is responsible
for providing a transmission
arrangement. Nothing in this rate
schedule shall preclude modifications
to the aforementioned contracts to allow
an eligible customer to elect service
under another rate schedule.
Applicability:
This rate schedule shall be applicable
to the sale at wholesale of power and
accompanying energy generated at the
John H. Kerr and Philpott Projects
(hereinafter called the Projects) and sold
under appropriate contracts between the
Government and the Customer.
Character of Service:
The electric capacity and energy
supplied hereunder will be delivered at
the Projects.
Monthly Rate:
The initial base monthly rate for
capacity, energy, and generation
services provided under this rate
schedule for the period specified shall
be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract
demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment
study that projects that the Kerr-Philpott
System will produce the following net
revenue available for repayment by
fiscal year and cumulative net revenue
available for repayment by fiscal year:
Estimated annual
net revenue
available for
repayment
Fiscal year
mstockstill on DSK4VPTVN1PROD with NOTICES
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Cumulative net
revenue available
for repayment
$490,000
2,730,000
2,420,000
1,910,000
1,910,000
2,010,000
2,110,000
2,190,000
2,290,000
2,400,000
$490,000
3,220,000
5,640,000
7,550,000
9,460,000
11,470,000
13,580,000
15,770,000
18,060,000
20,460,000
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
The rates include a true-up of the
capacity and energy rates based on the
variance of the actual cumulative net
revenue available for repayment from
the planned cumulative net revenue
available for repayment in the table
above. For every $100,000 under-
VerDate Sep<11>2014
18:00 Sep 22, 2015
Jkt 235001
recovery of the planned cumulative net
revenue available for repayment,
Southeastern will increase the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and increase the
base energy charge by 0.10 mills per
PO 00000
Frm 00026
57357
Fmt 4703
Sfmt 4703
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. For every $100,000 of overrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will reduce the base
E:\FR\FM\23SEN1.SGM
23SEN1
57358
Federal Register / Vol. 80, No. 184 / Wednesday, September 23, 2015 / Notices
mstockstill on DSK4VPTVN1PROD with NOTICES
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and reduce the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. Southeastern will give written
notice to the customers of the amount of
the true-up to the capacity and energy
rates by February 1 of the next fiscal
year.
Additional rates for Transmission and
Ancillary Services provided under this
rate schedule shall be the rates charged
Southeastern Power Administration by
the Company or PJM. Future
adjustments to these rates will become
effective upon acceptance for filing by
the Federal Energy Regulatory
Commission (FERC) of the Company’s
rate.
Ancillary Services:
0.34 mills per kilowatt-hour of energy
estimated as of April 2015, is presented
for illustrative purposes.
The initial charge for transmission
and Ancillary Services will be the
Customer’s ratable share of the charges
for transmission, distribution, and
ancillary services paid by the
Government. The charges for
transmission and ancillary services are
governed by and subject to refund based
upon the determination in proceedings
before the FERC involving the
Company’s or PJM’s Open Access
Transmission Tariff (OATT).
Proceedings before FERC involving
the OATT or the Distribution charge
may result in the separation of charges
currently included in the transmission
rate. In this event, the Government may
charge the Customer for any and all
separate transmission, ancillary
services, and distribution charges paid
by the Government in behalf of the
Customer. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract
demand per month, as an estimated cost
as of April 2015.
The tandem transmission charge will
recover the cost of transmitting power
from a project to the border of another
transmitting system. This rate will be a
formulary rate based on the cost to the
Government for transmission of power
from the Philpott project to the border
of the Virginia Electric and Power
Company System and the cost to the
Government for transmission of power
from the John H. Kerr Project to the
border of the Duke Energy Progress
System. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Transmission and Ancillary Services:
The charges for transmission and
ancillary services shall be governed by
and subject to refund based upon the
determination in the proceeding
involving the Company’s or PJM’s
OATT.
Capacity Performance NonPerformance Charge:
Requirements of the PJM capacity
performance market may lead to nonperformance charges to Southeastern.
These non-performance charges, if
incurred, will be allocated to the
capacity delivered in PJM (currently
120,100 kilowatts) in the month
incurred.
Contract Demand:
The contract demand is the amount of
capacity in kilowatts stated in the
contract which the Government is
obligated to supply and the Customer is
entitled to receive.
Energy to be Furnished by the
Government:
The Government will sell to the
Customer and the Customer will
purchase from the Government energy
each billing month equivalent to a
percentage specified by contract of the
energy made available to the Company
(less applicable losses). The Customer’s
contract demand and accompanying
energy will be allocated proportionately
to its individual delivery points served
from the Company’s system. The
applicable energy loss factor for
transmission is specified in the OATT.
These losses shall be effective until
modified by the Federal Energy
Regulatory Commission, pursuant to
application by the Company or PJM
under Section 205 of the Federal Power
Act or Southeastern Power
Administration under Section 206 of the
Federal Power Act or otherwise.
Billing Month:
The billing month for power sold
under this schedule shall end at 12:00
midnight on the last day of each
calendar month.
Wholesale Power Rate Schedule VA–4–
C
Availability:
This rate schedule shall be available
to public bodies and cooperatives (any
one of whom is hereinafter called the
Customer) in Virginia and North
Carolina served through the
transmission facilities of Virginia
Electric and Power Company
(hereinafter called the Company) and
PJM Interconnection LLC (hereinafter
called PJM). The Customer has chosen
to self-schedule and does not receive
Government power under an
arrangement where the Company
schedules the power and provides a
credit on the Customer’s bill for
Government power. The Customer is
responsible for providing a scheduling
arrangement with the Government and
for providing a transmission
arrangement. Nothing in this rate
schedule shall preclude modifications
to the aforementioned contracts to allow
an eligible customer to elect service
under another rate schedule.
Applicability:
This rate schedule shall be applicable
to the sale at wholesale of power and
accompanying energy generated at the
John H. Kerr and Philpott Projects
(hereinafter called the Projects) and sold
under appropriate contracts between the
Government and the Customer.
Character of Service:
The electric capacity and energy
supplied hereunder will be delivered at
the Projects.
Monthly Rate:
The initial base monthly rate for
capacity, energy, and generation
services provided under this rate
schedule for the period specified shall
be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract
demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment
study that projects that the Kerr-Philpott
System will produce the following net
revenue available for repayment by
fiscal year and cumulative net revenue
available for repayment by fiscal year:
Estimated annual
net revenue
available for
repayment
Fiscal year
Cumulative net
revenue available
for repayment
$490,000
2,730,000
2,420,000
$490,000
3,220,000
5,640,000
2015 .............................................................................................................................................................
2016 .............................................................................................................................................................
2017 .............................................................................................................................................................
VerDate Sep<11>2014
18:00 Sep 22, 2015
Jkt 235001
PO 00000
Frm 00027
Fmt 4703
Sfmt 4703
E:\FR\FM\23SEN1.SGM
23SEN1
Federal Register / Vol. 80, No. 184 / Wednesday, September 23, 2015 / Notices
57359
Estimated annual
net revenue
available for
repayment
Cumulative net
revenue available
for repayment
1,910,000
1,910,000
2,010,000
2,110,000
2,190,000
2,290,000
2,400,000
7,550,000
9,460,000
11,470,000
13,580,000
15,770,000
18,060,000
20,460,000
Fiscal year
mstockstill on DSK4VPTVN1PROD with NOTICES
2018
2019
2020
2021
2022
2023
2024
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
The rates include a true-up of the
capacity and energy rates based on the
variance of the actual cumulative net
revenue available for repayment from
the planned cumulative net revenue
available for repayment in the table
above. For every $100,000 underrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will increase the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and increase the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. For every $100,000 of overrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will reduce the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and reduce the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. Southeastern will give written
notice to the customers of the amount of
the true-up to the capacity and energy
rates by February 1 of the next fiscal
year.
Additional rates for transmission and
ancillary services provided under this
rate schedule shall be the rates charged
Southeastern Power Administration by
the Company or PJM. Future
adjustments to these rates will become
effective upon acceptance for filing by
the Federal Energy Regulatory
Commission (FERC) of the Company’s
rate.
Ancillary Services:
0.34 mills per kilowatt-hour of energy
estimated as of April 2015, is presented
for illustrative purposes.
The initial charge for transmission
and Ancillary Services will be the
Customer’s ratable share of the charges
for transmission, distribution, and
ancillary services paid by the
Government. The charges for
transmission and ancillary services are
governed by and subject to refund based
upon the determination in proceedings
VerDate Sep<11>2014
18:00 Sep 22, 2015
Jkt 235001
before the FERC involving the
Company’s or PJM’s Open Access
Transmission Tariff (OATT).
Proceedings before FERC involving
the OATT or the Distribution charge
may result in the separation of charges
currently included in the transmission
rate. In this event, the Government may
charge the Customer for any and all
separate transmission, ancillary
services, and distribution charges paid
by the Government in behalf of the
Customer. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract
demand per month, as an estimated cost
as of April 2015.
The tandem transmission charge will
recover the cost of transmitting power
from a project to the border of another
transmitting system. This rate will be a
formulary rate based on the cost to the
Government for transmission of power
from the Philpott project to the border
of the Virginia Electric and Power
Company System and the cost to the
Government for transmission of power
from the John H. Kerr Project to the
border of the Duke Energy Progress
System. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Transmission and Ancillary Services:
The charges for transmission and
ancillary services shall be governed by
and subject to refund based upon the
determination in the proceeding
involving the Company’s or PJM’s
OATT.
Capacity Performance NonPerformance Charge:
Requirements of the PJM capacity
performance market may lead to nonperformance charges to Southeastern.
These non-performance charges, if
incurred, will be allocated to the
capacity delivered in PJM (currently
120,100 kilowatts) in the month
incurred.
Contract Demand:
The contract demand is the amount of
capacity in kilowatts stated in the
PO 00000
Frm 00028
Fmt 4703
Sfmt 4703
contract which the Government is
obligated to supply and the Customer is
entitled to receive.
Energy to be Furnished by the
Government:
The Government will sell to the
Customer and the Customer will
purchase from the Government energy
each billing month equivalent to a
percentage specified by contract of the
energy made available to the Company
(less applicable losses). The Customer’s
contract demand and accompanying
energy will be allocated proportionately
to its individual delivery points served
from the Company’s system. The
applicable energy loss factor for
transmission is specified in the OATT.
These losses shall be effective until
modified by the FERC, pursuant to
application by the Company or PJM
under Section 205 of the Federal Power
Act or Southeastern Power
Administration under Section 206 of the
Federal Power Act or otherwise.
Billing Month:
The billing month for power sold
under this schedule shall end at 12:00
midnight on the last day of each
calendar month.
Wholesale Power Rate Schedule DEP–
1–C
Availability:
This rate schedule shall be available
to public bodies and cooperatives (any
one of whom is hereinafter called the
Customer) in North Carolina and South
Carolina to whom power may be
transmitted and scheduled pursuant to
contracts between the Government and
Duke Energy Progress (formerly known
as Carolina Power & Light Company and
hereinafter called the Company) and the
Customer. This rate schedule is
applicable to customers receiving power
from the Government on an arrangement
where the Company schedules the
power and provides the Customer a
credit on their bill for Government
power. Nothing in this rate schedule
shall preclude modifications to the
aforementioned contracts to allow an
eligible customer to elect service under
another rate schedule.
Applicability:
E:\FR\FM\23SEN1.SGM
23SEN1
57360
Federal Register / Vol. 80, No. 184 / Wednesday, September 23, 2015 / Notices
the delivery points of the Customer on
the Company’s transmission and
distribution system.
Monthly Rate:
The initial base monthly rate for
capacity, energy, and generation
services provided under this rate
schedule for the period specified shall
be:
Initial Base Capacity Charge:
This rate schedule shall be applicable
to the sale at wholesale of power and
accompanying energy generated at the
John H. Kerr and Philpott Projects and
sold under appropriate contracts
between the Government and the
Customer.
Character of Service:
The electric capacity and energy
supplied hereunder will be delivered at
$4.40 per kilowatt of total contract
demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment
study that projects that the Kerr-Philpott
System will produce the following net
revenue available for repayment by
fiscal year and cumulative net revenue
available for repayment by fiscal year:
Estimated annual
net revenue
available
for repayment
Fiscal year
mstockstill on DSK4VPTVN1PROD with NOTICES
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Cumulative net
revenue available
for repayment
$490,000
2,730,000
2,420,000
1,910,000
1,910,000
2,010,000
2,110,000
2,190,000
2,290,000
2,400,000
$490,000
3,220,000
5,640,000
7,550,000
9,460,000
11,470,000
13,580,000
15,770,000
18,060,000
20,460,000
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
The rates include a true-up of the
capacity and energy rates based on the
variance of the actual cumulative net
revenue available for repayment from
the planned cumulative net revenue
available for repayment in the table
above. For every $100,000 underrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will increase the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and increase the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. For every $100,000 of overrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will reduce the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and reduce the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. Southeastern will give written
notice to the customers of the amount of
the true-up to the capacity and energy
rates by February 1 of the next fiscal
year.
Additional rates for transmission and
ancillary services provided under this
rate schedule shall be the rates charged
Southeastern Power Administration by
the Company. Future adjustments to
these rates will become effective upon
acceptance for filing by the Federal
Energy Regulatory Commission (FERC)
of the Company’s rate.
VerDate Sep<11>2014
18:00 Sep 22, 2015
Jkt 235001
Transmission:
$1.546 per kilowatt of total contract
demand per month as of April 2015, is
presented for illustrative purposes.
The initial transmission charge will
be the Customer’s ratable share of the
transmission and distribution charges
paid by the Government. The rate is
subject to periodic adjustment and will
be computed in accordance with the
terms of the Government-Company
contract.
Proceedings before FERC involving
the Company’s Open Access
Transmission Tariff (OATT) or the
distribution charge may result in the
separation of charges currently included
in the transmission rate. In this event,
the Government may charge the
Customer for any and all separate
transmission and distribution charges
paid by the Government in behalf of the
Customer. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract
demand per month, as an estimated cost
as of April 2015.
The tandem transmission charge will
recover the cost of transmitting power
from a project to the border of another
transmitting system. This rate will be a
formulary rate based on the cost to the
Government for transmission of power
from the Philpott project to the border
of the Virginia Electric and Power
Company System and the cost to the
Government for transmission of power
from the John H. Kerr Project to the
border of the Duke Energy Progress
PO 00000
Frm 00029
Fmt 4703
Sfmt 4703
System. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Transmission and Ancillary Services:
The charges for transmission and
ancillary services shall be governed by
and subject to refund based upon the
determination in the proceeding
involving the Company’s or PJM’s
OATT.
Contract Demand:
The contract demand is the amount of
capacity in kilowatts stated in the
contract which the Government is
obligated to supply and the Customer is
entitled to receive.
Energy to be Furnished by the
Government:
The Government will sell to the
Customer and the Customer will
purchase from the Government energy
each billing month equivalent to a
percentage specified by contract of the
energy made available to the Company
(less applicable losses). The Customer’s
contract demand and accompanying
energy will be allocated proportionately
to its individual delivery points served
from the Company’s system. The
applicable energy loss factor for
transmission, in accordance with the
Government-Company contract, is six
(6) per cent. This loss factor will be
governed by the terms of the
Government-Company contract.
Billing Month:
The billing month for power sold
under this schedule shall end at 12:00
midnight on the last day of each
calendar month.
E:\FR\FM\23SEN1.SGM
23SEN1
Federal Register / Vol. 80, No. 184 / Wednesday, September 23, 2015 / Notices
Wholesale Power Rate Schedule DEP–
2–C
Availability:
This rate schedule shall be available
to public bodies and cooperatives (any
one of whom is hereinafter called the
Customer) in North Carolina and South
Carolina to whom power may be
transmitted pursuant to contracts
between the Government and Duke
Energy Progress (formerly known as
Carolina Power & Light Company and
hereinafter called the Company) and the
Customer. The Customer has chosen to
self-schedule and does not receive
Government power under an
arrangement where the Company
schedules the power and provides a
credit on the Customer’s bill for
Government power. The Customer is
responsible for providing a scheduling
arrangement with the Government. The
Government is responsible for arranging
transmission with the Company.
Nothing in this rate schedule shall
preclude modifications to the
aforementioned contracts to allow an
eligible customer to elect service under
another rate schedule.
Applicability:
This rate schedule shall be applicable
to the sale at wholesale of power and
accompanying energy generated at the
John H. Kerr and Philpott Projects and
sold under appropriate contracts
between the Government and the
Customer.
Character of Service:
The electric capacity and energy
supplied hereunder will be delivered at
the delivery points of the Customer on
the Company’s transmission and
distribution system.
Monthly Rate:
The initial base monthly rate for
capacity, energy, and generation
services provided under this rate
schedule for the period specified shall
be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract
demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment
study that projects that the Kerr-Philpott
System will produce the following net
revenue available for repayment by
fiscal year and cumulative net revenue
available for repayment by fiscal year:
Estimated annual
net revenue
available for
repayment
Fiscal year
mstockstill on DSK4VPTVN1PROD with NOTICES
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Cumulative net
revenue available
for repayment
$490,000
2,730,000
2,420,000
1,910,000
1,910,000
2,010,000
2,110,000
2,190,000
2,290,000
2,400,000
$490,000
3,220,000
5,640,000
7,550,000
9,460,000
11,470,000
13,580,000
15,770,000
18,060,000
20,460,000
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
The rates include a true-up of the
capacity and energy rates based on the
variance of the actual cumulative net
revenue available for repayment from
the planned cumulative net revenue
available for repayment in the table
above. For every $100,000 underrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will increase the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and increase the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. For every $100,000 of overrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will reduce the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and reduce the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. Southeastern will give written
notice to the customers of the amount of
the true-up to the capacity and energy
VerDate Sep<11>2014
18:00 Sep 22, 2015
Jkt 235001
rates by February 1 of the next fiscal
year.
Additional rates for transmission and
ancillary services provided under this
rate schedule shall be the rates charged
Southeastern Power Administration by
the Company. Future adjustments to
these rates will become effective upon
acceptance for filing by the Federal
Energy Regulatory Commission (FERC)
of the Company’s rate.
Transmission:
$1.546 per kilowatt of total contract
demand per month as of April 2015, is
presented for illustrative purposes.
The initial transmission charge will
be the Customer’s ratable share of the
transmission and distribution charges
paid by the Government. The rate is
subject to periodic adjustment and will
be computed in accordance with the
terms of the Government-Company
contract.
Proceedings before FERC involving
the Company’s Open Access
Transmission Tariff (OATT) or the
distribution charge may result in the
separation of charges currently included
in the transmission rate. In this event,
the Government may charge the
Customer for any and all separate
transmission and distribution charges
PO 00000
Frm 00030
57361
Fmt 4703
Sfmt 4703
paid by the Government in behalf of the
Customer. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract
demand per month, as an estimated cost
as of April 2015.
The tandem transmission charge will
recover the cost of transmitting power
from a project to the border of another
transmitting system. This rate will be a
formulary rate based on the cost to the
Government for transmission of power
from the Philpott project to the border
of the Virginia Electric and Power
Company System and the cost to the
Government for transmission of power
from the John H. Kerr Project to the
border of the Duke Energy Progress
System. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Transmission and Ancillary Services:
The charges for transmission and
ancillary services shall be governed by
and subject to refund based upon the
determination in the proceeding
involving the Company’s or PJM’s
OATT.
E:\FR\FM\23SEN1.SGM
23SEN1
57362
Federal Register / Vol. 80, No. 184 / Wednesday, September 23, 2015 / Notices
Contract Demand:
The contract demand is the amount of
capacity in kilowatts stated in the
contract which the Government is
obligated to supply and the Customer is
entitled to receive.
Energy to be Furnished by the
Government:
The Government will sell to the
Customer and the Customer will
purchase from the Government energy
each billing month equivalent to a
percentage specified by contract of the
energy made available to the Company
(less applicable losses). The Customer’s
contract demand and accompanying
energy will be allocated proportionately
to its individual delivery points served
from the Company’s system. The
applicable energy loss factor for
transmission, in accordance with the
Government-Company contract, is six
(6) per cent. This loss factor will be
governed by the terms of the
Government-Company contract.
Billing Month:
The billing month for power sold
under this schedule shall end at 12:00
midnight on the last day of each
calendar month.
Wholesale Power Rate Schedule DEP–
3–C
Availability:
This rate schedule shall be available
to public bodies and cooperatives (any
one of whom is hereinafter called the
Customer) in North Carolina and South
Carolina to whom power may be
scheduled pursuant to contracts
between the Government and Duke
Energy Progress (formerly known as
Carolina Power & Light Company and
hereinafter called the Company) and the
Customer. The Government is
responsible for providing the
scheduling. The Customer is responsible
for providing a transmission
arrangement. Nothing in this rate
schedule shall preclude modifications
to the aforementioned contracts to allow
an eligible customer to elect service
under another rate schedule.
Applicability:
This rate schedule shall be applicable
to the sale at wholesale of power and
accompanying energy generated at the
John H. Kerr and Philpott Projects
(hereinafter called the Projects) and sold
under appropriate contracts between the
Government and the Customer.
Character of Service:
The electric capacity and energy
supplied hereunder will be delivered at
the Projects.
Monthly Rate:
The initial base monthly rate for
capacity, energy, and generation
services provided under this rate
schedule for the period specified shall
be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract
demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment
study that projects that the Kerr-Philpott
System will produce the following net
revenue available for repayment by
fiscal year and cumulative net revenue
available for repayment by fiscal year:
Estimated annual
net revenue
available for
repayment
Fiscal year
mstockstill on DSK4VPTVN1PROD with NOTICES
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Cumulative net
revenue available
for repayment
$490,000
2,730,000
2,420,000
1,910,000
1,910,000
2,010,000
2,110,000
2,190,000
2,290,000
2,400,000
$490,000
3,220,000
5,640,000
7,550,000
9,460,000
11,470,000
13,580,000
15,770,000
18,060,000
20,460,000
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
The rates include a true-up of the
capacity and energy rates based on the
variance of the actual cumulative net
revenue available for repayment from
the planned cumulative net revenue
available for repayment in the table
above. For every $100,000 underrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will increase the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and increase the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. For every $100,000 of overrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will reduce the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and reduce the
VerDate Sep<11>2014
18:00 Sep 22, 2015
Jkt 235001
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. Southeastern will give written
notice to the customers of the amount of
the true-up to the capacity and energy
rates by February 1 of the next fiscal
year.
Additional rates for transmission and
ancillary services provided under this
rate schedule shall be the rates charged
Southeastern Power Administration by
the Company. Future adjustments to
these rates will become effective upon
acceptance for filing by the Federal
Energy Regulatory Commission (FERC)
of the Company’s rate.
Proceedings before FERC involving
the Company’s Open Access
Transmission Tariff (OATT) or the
distribution charge may result in the
separation of charges currently included
in the transmission rate. In this event,
PO 00000
Frm 00031
Fmt 4703
Sfmt 4703
the Government may charge the
Customer for any and all separate
transmission and distribution charges
paid by the Government in behalf of the
Customer.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract
demand per month, as an estimated cost
as of April 2015.
The tandem transmission charge will
recover the cost of transmitting power
from a project to the border of another
transmitting system. This rate will be a
formulary rate based on the cost to the
Government for transmission of power
from the Philpott project to the border
of the Virginia Electric and Power
Company System and the cost to the
Government for transmission of power
from the John H. Kerr Project to the
border of the Duke Energy Progress
System. These charges could be
recovered through a capacity charge or
E:\FR\FM\23SEN1.SGM
23SEN1
Federal Register / Vol. 80, No. 184 / Wednesday, September 23, 2015 / Notices
an energy charge, as determined by the
Government.
Transmission and Ancillary Services:
The charges for transmission and
ancillary services shall be governed by
and subject to refund based upon the
determination in the proceeding
involving the Company’s or PJM’s
OATT.
Contract Demand:
The contract demand is the amount of
capacity in kilowatts stated in the
contract which the Government is
obligated to supply and the Customer is
entitled to receive.
Energy to be Furnished by the
Government:
The Government will sell to the
Customer and the Customer will
purchase from the Government energy
each billing month equivalent to a
percentage specified by contract of the
energy made available to the Company
(less applicable losses). The Customer’s
contract demand and accompanying
energy will be allocated proportionately
to its individual delivery points served
from the Company’s system. The
applicable energy loss factor for
transmission, in accordance with the
Government-Company contract, is six
(6) per cent. This loss factor will be
governed by the terms of the
Government-Company contract.
Billing Month:
The billing month for power sold
under this schedule shall end at 12:00
midnight on the last day of each
calendar month.
Wholesale Power Rate Schedule DEP–
4–C
Availability:
This rate schedule shall be available
to public bodies and cooperatives (any
one of whom is hereinafter called the
Customer) in North Carolina and South
Carolina served through the
transmission facilities of Duke Energy
Progress (formerly known as Carolina
Power & Light Company and hereinafter
called the Company). The Customer has
chosen to self-schedule and does not
receive Government power under an
arrangement where the Company
schedules the power and provides a
credit on the Customer’s bill for
Government power. The Customer is
responsible for providing a scheduling
arrangement with the Government and
for providing a transmission
arrangement. Nothing in this rate
schedule shall preclude modifications
to the aforementioned contracts to allow
an eligible customer to elect service
under another rate schedule.
Applicability:
This rate schedule shall be applicable
to the sale at wholesale of power and
accompanying energy generated at the
John H. Kerr and Philpott Projects
(hereinafter called the Projects) and sold
under appropriate contracts between the
Government and the Customer.
Character of Service:
The electric capacity and energy
supplied hereunder will be delivered at
the Projects.
Monthly Rate:
The initial base monthly rate for
capacity, energy, and generation
services provided under this rate
schedule for the period specified shall
be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract
demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment
study that projects that the Kerr-Philpott
System will produce the following net
revenue available for repayment by
fiscal year and cumulative net revenue
available for repayment by fiscal year:
Estimated annual
net revenue
available for
repayment
Fiscal year
mstockstill on DSK4VPTVN1PROD with NOTICES
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Cumulative net
revenue available
for repayment
$490,000
2,730,000
2,420,000
1,910,000
1,910,000
2,010,000
2,110,000
2,190,000
2,290,000
2,400,000
$490,000
3,220,000
5,640,000
7,550,000
9,460,000
11,470,000
13,580,000
15,770,000
18,060,000
20,460,000
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
The rates include a true-up of the
capacity and energy rates based on the
variance of the actual cumulative net
revenue available for repayment from
the planned cumulative net revenue
available for repayment in the table
above. For every $100,000 underrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will increase the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and increase the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. For every $100,000 of overrecovery of the planned cumulative net
revenue available for repayment,
VerDate Sep<11>2014
18:00 Sep 22, 2015
Jkt 235001
Southeastern will reduce the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and reduce the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. Southeastern will give written
notice to the customers of the amount of
the true-up to the capacity and energy
rates by February 1 of the next fiscal
year.
Additional rates for transmission and
ancillary services provided under this
rate schedule shall be the rates charged
Southeastern Power Administration by
the Company. Future adjustments to
these rates will become effective upon
acceptance for filing by the Federal
PO 00000
Frm 00032
57363
Fmt 4703
Sfmt 4703
Energy Regulatory Commission (FERC)
of the Company’s rate.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract
demand per month, as an estimated cost
as of April 2015.
The tandem transmission charge will
recover the cost of transmitting power
from a project to the border of another
transmitting system. This rate will be a
formulary rate based on the cost to the
Government for transmission of power
from the Philpott project to the border
of the Virginia Electric and Power
Company System and the cost to the
Government for transmission of power
from the John H. Kerr Project to the
border of the Duke Energy Progress
System. These charges could be
recovered through a capacity charge or
E:\FR\FM\23SEN1.SGM
23SEN1
57364
Federal Register / Vol. 80, No. 184 / Wednesday, September 23, 2015 / Notices
an energy charge, as determined by the
Government.
Transmission and Ancillary Services:
The charges for transmission and
ancillary services shall be governed by
and subject to refund based upon the
determination in the proceeding
involving the Company’s or PJM’s
OATT.
Contract Demand:
The contract demand is the amount of
capacity in kilowatts stated in the
contract which the Government is
obligated to supply and the Customer is
entitled to receive.
Energy to be Furnished by the
Government:
The Government will sell to the
Customer and the Customer will
purchase from the Government energy
each billing month equivalent to a
percentage specified by contract of the
energy made available to the Company
(less applicable losses). The Customer’s
contract demand and accompanying
energy will be allocated proportionately
to its individual delivery points served
from the Company’s system. The
applicable energy loss factor for
transmission, in accordance with the
Government-Company contract, is six
(6) per cent. This loss factor will be
governed by the terms of the
Government-Company contract.
Billing Month:
The billing month for power sold
under this schedule shall end at 12:00
midnight on the last day of each
calendar month.
Wholesale Power Rate Schedule AP–1–
C
Availability:
This rate schedule shall be available
to public bodies and cooperatives (any
one of whom is hereinafter called the
Customer) in Virginia to whom power
may be transmitted and scheduled
pursuant to contracts between the
Government, American Electric Power
Service Corporation (hereinafter called
the Company), the Company’s
Transmission Operator, currently PJM
Interconnection LLC (hereinafter called
PJM), and the Customer. This rate
schedule is applicable to customers
receiving power from the Government
on an arrangement where the Company
schedules the power and provides the
Customer a credit on their bill for
Government power. Nothing in this rate
schedule shall preclude modifications
to the aforementioned contracts to allow
an eligible customer to elect service
under another rate schedule.
Applicability:
This rate schedule shall be applicable
to the sale at wholesale of power and
accompanying energy generated at the
John H. Kerr and Philpott Projects and
sold under appropriate contracts
between the Government and the
Customer.
Character of Service:
The electric capacity and energy
supplied hereunder will be delivered at
the delivery points of the Customer on
the Company’s transmission and
distribution system.
Monthly Rate:
The initial base monthly rate for
capacity, energy, and generation
services provided under this rate
schedule for the period specified shall
be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract
demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment
study that projects that the Kerr-Philpott
System will produce the following net
revenue available for repayment by
fiscal year and cumulative net revenue
available for repayment by fiscal year:
Estimated annual
net revenue
available for
repayment
Fiscal year
mstockstill on DSK4VPTVN1PROD with NOTICES
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Cumulative net
revenue available
for repayment
$490,000
2,730,000
2,420,000
1,910,000
1,910,000
2,010,000
2,110,000
2,190,000
2,290,000
2,400,000
$490,000
3,220,000
5,640,000
7,550,000
9,460,000
11,470,000
13,580,000
15,770,000
18,060,000
20,460,000
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
The rates include a true-up of the
capacity and energy rates based on the
variance of the actual cumulative net
revenue available for repayment from
the planned cumulative net revenue
available for repayment in the table
above. For every $100,000 underrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will increase the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and increase the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. For every $100,000 of overrecovery of the planned cumulative net
VerDate Sep<11>2014
18:00 Sep 22, 2015
Jkt 235001
revenue available for repayment,
Southeastern will reduce the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and reduce the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. Southeastern will give written
notice to the customers of the amount of
the true-up to the capacity and energy
rates by February 1 of the next fiscal
year.
Additional rates for transmission and
ancillary services provided under this
rate schedule shall be the rates charged
Southeastern Power Administration by
the Company. Future adjustments to
PO 00000
Frm 00033
Fmt 4703
Sfmt 4703
these rates will become effective upon
acceptance for filing by the Federal
Energy Regulatory Commission (FERC)
of the Company’s rate.
Transmission:
$0.775 per kilowatt of total contract
demand per month estimated as of April
2015, is a presented for illustrative
purposes.
Ancillary Services:
0.34 mills per kilowatt-hour of energy
estimated as of April 2015, is presented
for illustrative purposes.
The initial charge for transmission
and Ancillary Services will be the
Customer’s ratable share of the charges
for transmission, distribution, and
ancillary services paid by the
Government. The charges for
transmission and ancillary services are
E:\FR\FM\23SEN1.SGM
23SEN1
Federal Register / Vol. 80, No. 184 / Wednesday, September 23, 2015 / Notices
governed by and subject to refund based
upon the determination in proceedings
before the FERC involving the
Company’s or PJM’s Open Access
Transmission Tariff (OATT).
Proceedings before FERC involving
the OATT or the Distribution charge
may result in the separation of charges
currently included in the transmission
rate. In this event, the Government may
charge the Customer for any and all
separate transmission, ancillary
services, and distribution charges paid
by the Government in behalf of the
Customer. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract
demand per month, as an estimated cost
as of April 2015.
The tandem transmission charge will
recover the cost of transmitting power
from a project to the border of another
transmitting system. This rate will be a
formulary rate based on the cost to the
Government for transmission of power
from the Philpott project to the border
of the Virginia Electric and Power
Company System and the cost to the
Government for transmission of power
from the John H. Kerr Project to the
border of the Duke Energy Progress
System. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Transmission and Ancillary Services:
The charges for transmission and
ancillary services shall be governed by
and subject to refund based upon the
determination in the proceeding
involving the Company’s or PJM’s
OATT.
Capacity Performance NonPerformance Charge:
Requirements of the PJM capacity
performance market may lead to nonperformance charges to Southeastern.
These non-performance charges, if
incurred, will be allocated to the
capacity delivered in PJM (currently
120,100 kilowatts).
Contract Demand:
The contract demand is the amount of
capacity in kilowatts stated in the
contract which the Government is
obligated to supply and the Customer is
entitled to receive.
Energy to be Furnished by the
Government:
The Government will sell to the
Customer and the Customer will
purchase from the Government energy
each billing month equivalent to a
percentage specified by contract of the
energy made available to the Company
(less applicable losses). The Customer’s
contract demand and accompanying
energy will be allocated proportionately
to its individual delivery points served
from the Company’s system. The
applicable energy loss factor for
transmission is specified in the OATT.
These losses shall be effective until
modified by the FERC, pursuant to
application by the Company or PJM
under Section 205 of the Federal Power
Act or Southeastern Power
Administration under Section 206 of the
Federal Power Act or otherwise.
Billing Month:
The billing month for power sold
under this schedule shall end at 12:00
midnight on the last day of each
calendar month.
Wholesale Power Rate Schedule AP–2–
C
Availability:
This rate schedule shall be available
to public bodies and cooperatives (any
one of whom is hereinafter called the
Customer) in Virginia to whom power
may be transmitted pursuant to
contracts between the Government,
American Electric Power Service
Corporation (hereinafter called the
Company), the Company’s Transmission
Operator, currently PJM Interconnection
LLC (hereinafter called PJM), and the
Customer. The Customer has chosen to
self-schedule and does not receive
Government power under an
arrangement where the Company
schedules the power and provides a
credit on the Customer’s bill for
Government power. The Customer is
responsible for providing a scheduling
arrangement with the Government. The
Government is responsible for arranging
transmission with the Company.
Nothing in this rate schedule shall
preclude modifications to the
aforementioned contracts to allow an
eligible customer to elect service under
another rate schedule.
Applicability:
This rate schedule shall be applicable
to the sale at wholesale of power and
accompanying energy generated at the
John H. Kerr and Philpott Projects and
sold under appropriate contracts
between the Government and the
Customer.
Character of Service:
The electric capacity and energy
supplied hereunder will be delivered at
the delivery points of the Customer on
the Company’s transmission and
distribution system.
Monthly Rate:
The initial base monthly rate for
capacity, energy, and generation
services provided under this rate
schedule for the period specified shall
be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract
demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment
study that projects that the Kerr-Philpott
System will produce the following net
revenue available for repayment by
fiscal year and cumulative net revenue
available for repayment by fiscal year:
Estimated annual
net revenue
available for
repayment
mstockstill on DSK4VPTVN1PROD with NOTICES
Fiscal year
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Cumulative net
revenue available
for repayment
$490,000
2,730,000
2,420,000
1,910,000
1,910,000
2,010,000
2,110,000
2,190,000
2,290,000
2,400,000
$490,000
3,220,000
5,640,000
7,550,000
9,460,000
11,470,000
13,580,000
15,770,000
18,060,000
20,460,000
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
The rates include a true-up of the
capacity and energy rates based on the
VerDate Sep<11>2014
18:00 Sep 22, 2015
Jkt 235001
variance of the actual cumulative net
revenue available for repayment from
PO 00000
Frm 00034
57365
Fmt 4703
Sfmt 4703
the planned cumulative net revenue
available for repayment in the table
E:\FR\FM\23SEN1.SGM
23SEN1
mstockstill on DSK4VPTVN1PROD with NOTICES
57366
Federal Register / Vol. 80, No. 184 / Wednesday, September 23, 2015 / Notices
above. For every $100,000 underrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will increase the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and increase the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. For every $100,000 of overrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will reduce the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and reduce the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. Southeastern will give written
notice to the customers of the amount of
the true-up to the capacity and energy
rates by February 1 of the next fiscal
year.
Additional rates for transmission and
ancillary services provided under this
rate schedule shall be the rates charged
Southeastern Power Administration by
the Company. Future adjustments to
these rates will become effective upon
acceptance for filing by the Federal
Energy Regulatory Commission (FERC)
of the Company’s rate.
Transmission:
$0.775 per kilowatt of total contract
demand per month estimated as of April
2015, is presented for illustrative
purposes.
Ancillary Services:
0.34 mills per kilowatt-hour of energy
estimated as of April 2015, is presented
for illustrative purposes.
The initial charge for transmission
and Ancillary Services will be the
Customer’s ratable share of the charges
for transmission, distribution, and
ancillary services paid by the
Government. The charges for
transmission and ancillary services are
governed by and subject to refund based
upon the determination in proceedings
before the FERC involving the
Company’s or PJM’s Open Access
Transmission Tariff (OATT).
Proceedings before FERC involving
the OATT or the Distribution charge
may result in the separation of charges
currently included in the transmission
rate. In this event, the Government may
charge the Customer for any and all
separate transmission, ancillary
VerDate Sep<11>2014
18:00 Sep 22, 2015
Jkt 235001
services, and distribution charges paid
by the Government in behalf of the
Customer. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract
demand per month, as an estimated cost
as of April 2015
The tandem transmission charge will
recover the cost of transmitting power
from a project to the border of another
transmitting system. This rate will be a
formulary rate based on the cost to the
Government for transmission of power
from the Philpott project to the border
of the Virginia Electric and Power
Company System and the cost to the
Government for transmission of power
from the John H. Kerr Project to the
border of the Duke Energy Progress
System. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Transmission and Ancillary Services:
The charges for transmission and
ancillary services shall be governed by
and subject to refund based upon the
determination in the proceeding
involving the Company’s or PJM’s
OATT.
Capacity Performance NonPerformance Charges:
Requirements of the PJM capacity
performance market may lead to nonperformance charges to Southeastern.
These non-performance charges, if
incurred, will be allocated to the
capacity delivered in PJM (currently
120,100 kilowatts).
Contract Demand:
The contract demand is the amount of
capacity in kilowatts stated in the
contract which the Government is
obligated to supply and the Customer is
entitled to receive.
Energy to be Furnished by the
Government:
The Government will sell to the
Customer and the Customer will
purchase from the Government energy
each billing month equivalent to a
percentage specified by contract of the
energy made available to the Company
(less applicable losses). The Customer’s
contract demand and accompanying
energy will be allocated proportionately
to its individual delivery points served
from the Company’s system. The
applicable energy loss factor for
transmission is specified in the OATT.
These losses shall be effective until
modified by the Federal Energy
PO 00000
Frm 00035
Fmt 4703
Sfmt 4703
Regulatory Commission, pursuant to
application by American Electric Power
Service Corporation under Section 205
of the Federal Power Act or
Southeastern Power Administration
under Section 206 of the Federal Power
Act or otherwise.
Billing Month:
The billing month for power sold
under this schedule shall end at 12:00
midnight on the last day of each
calendar month.
Wholesale Power Rate Schedule AP–3–
C
Availability:
This rate schedule shall be available
to public bodies and cooperatives (any
one of whom is hereinafter called the
Customer) in Virginia to whom power
may be scheduled pursuant to contracts
between the Government, American
Electric Power Service Corporation
(hereinafter called the Company), PJM
Interconnection LLC (hereinafter called
PJM), and the Customer. The
Government is responsible for providing
the scheduling. The Customer is
responsible for providing a transmission
arrangement. Nothing in this rate
schedule shall preclude modifications
to the aforementioned contracts to allow
an eligible customer to elect service
under another rate schedule.
Applicability:
This rate schedule shall be applicable
to the sale at wholesale of power and
accompanying energy generated at the
John H. Kerr and Philpott Projects
(hereinafter called the Projects) and sold
under appropriate contracts between the
Government and the Customer.
Character of Service:
The electric capacity and energy
supplied hereunder will be delivered at
the Projects.
Monthly Rate:
The initial base monthly rate for
capacity, energy, and generation
services provided under this rate
schedule for the period specified shall
be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract
demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment
study that projects that the Kerr-Philpott
System will produce the following net
revenue available for repayment by
fiscal year and cumulative net revenue
available for repayment by fiscal year:
E:\FR\FM\23SEN1.SGM
23SEN1
Federal Register / Vol. 80, No. 184 / Wednesday, September 23, 2015 / Notices
57367
Estimated annual
net revenue
available for
repayment
Cumulative net
revenue available
for repayment
$490,000
2,730,000
2,420,000
1,910,000
1,910,000
2,010,000
2,110,000
2,190,000
2,290,000
2,400,000
$490,000
3,220,000
5,640,000
7,550,000
9,460,000
11,470,000
13,580,000
15,770,000
18,060,000
20,460,000
Fiscal year
mstockstill on DSK4VPTVN1PROD with NOTICES
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
The rates include a true-up of the
capacity and energy rates based on the
variance of the actual cumulative net
revenue available for repayment from
the planned cumulative net revenue
available for repayment in the table
above. For every $100,000 underrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will increase the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and increase the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. For every $100,000 of overrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will reduce the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and reduce the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. Southeastern will give written
notice to the customers of the amount of
the true-up to the capacity and energy
rates by February 1 of the next fiscal
year.
Additional rates for transmission and
ancillary services provided under this
rate schedule shall be the rates charged
Southeastern Power Administration by
the Company. Future adjustments to
these rates will become effective upon
acceptance for filing by the Federal
Energy Regulatory Commission (FERC)
of the Company’s rate.
Ancillary Services:
0.34 mills per kilowatt-hour of energy
estimated as of April 2015, is presented
for illustrative purposes.
The initial charge for transmission
and Ancillary Services will be the
Customer’s ratable share of the charges
for transmission, distribution, and
ancillary services paid by the
Government. The charges for
transmission and ancillary services are
VerDate Sep<11>2014
18:00 Sep 22, 2015
Jkt 235001
governed by and subject to refund based
upon the determination in proceedings
before the FERC involving the
Company’s or PJM’s Open Access
Transmission Tariff (OATT).
Proceedings before FERC involving
the OATT or the Distribution charge
may result in the separation of charges
currently included in the transmission
rate. In this event, the Government may
charge the Customer for any and all
separate transmission, ancillary
services, and distribution charges paid
by the Government in behalf of the
Customer. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract
demand per month, as an estimated cost
as of April 2015.
The tandem transmission charge will
recover the cost of transmitting power
from a project to the border of another
transmitting system. This rate will be a
formulary rate based on the cost to the
Government for transmission of power
from the Philpott project to the border
of the Virginia Electric and Power
Company System and the cost to the
Government for transmission of power
from the John H. Kerr Project to the
border of the Duke Energy Progress
System. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Transmission and Ancillary Services:
The charges for transmission and
ancillary services shall be governed by
and subject to refund based upon the
determination in the proceeding
involving the Company’s or PJM’s
OATT.
Capacity Performance NonPerformance Charges:
Requirements of the PJM capacity
performance market may lead to nonperformance charges to Southeastern.
These non-performance charges, if
incurred, will be allocated to the
PO 00000
Frm 00036
Fmt 4703
Sfmt 4703
capacity delivered in PJM (currently
120,100 kilowatts).
Contract Demand:
The contract demand is the amount of
capacity in kilowatts stated in the
contract which the Government is
obligated to supply and the Customer is
entitled to receive.
Energy to be Furnished by the
Government:
The Government will sell to the
Customer and the Customer will
purchase from the Government energy
each billing month equivalent to a
percentage specified by contract of the
energy made available to the Company
(less applicable losses). The Customer’s
contract demand and accompanying
energy will be allocated proportionately
to its individual delivery points served
from the Company’s system. The
applicable energy loss factor for
transmission is specified in the OATT.
These losses shall be effective until
modified by the FERC, pursuant to
application by the Company or PJM
under Section 205 of the Federal Power
Act or Southeastern Power
Administration under Section 206 of the
Federal Power Act or otherwise.
Billing Month:
The billing month for power sold
under this schedule shall end at 12:00
midnight on the last day of each
calendar month.
Wholesale Power Rate Schedule AP–4–
C
Availability:
This rate schedule shall be available
to public bodies and cooperatives (any
one of whom is hereinafter called the
Customer) in Virginia served through
the facilities of American Electric Power
Service Corporation (hereinafter called
the Company) and PJM Interconnection
LLC (hereinafter called PJM). The
Customer has chosen to self-schedule
and does not receive Government power
under an arrangement where the
Company schedules the power and
provides a credit on the Customer’s bill
for Government power. The Customer is
E:\FR\FM\23SEN1.SGM
23SEN1
57368
Federal Register / Vol. 80, No. 184 / Wednesday, September 23, 2015 / Notices
responsible for providing a scheduling
arrangement with the Government and
for providing a transmission
arrangement. Nothing in this rate
schedule shall preclude modifications
to the aforementioned contracts to allow
an eligible customer to elect service
under another rate schedule.
Applicability:
This rate schedule shall be applicable
to the sale at wholesale of power and
accompanying energy generated at the
John H. Kerr and Philpott Projects
(hereinafter called the Projects) and sold
under appropriate contracts between the
Government and the Customer.
Character of Service:
The electric capacity and energy
supplied hereunder will be delivered at
the Projects.
Monthly Rate:
The initial base monthly rate for
capacity, energy, and generation
services provided under this rate
schedule for the period specified shall
be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract
demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment
study that projects that the Kerr-Philpott
System will produce the following net
revenue available for repayment by
fiscal year and cumulative net revenue
available for repayment by fiscal year:
Estimated annual
net revenue
available for
repayment
Fiscal year
mstockstill on DSK4VPTVN1PROD with NOTICES
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Cumulative net
revenue available
for repayment
$490,000
2,730,000
2,420,000
1,910,000
1,910,000
2,010,000
2,110,000
2,190,000
2,290,000
2,400,000
$490,000
3,220,000
5,640,000
7,550,000
9,460,000
11,470,000
13,580,000
15,770,000
18,060,000
20,460,000
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
The rates include a true-up of the
capacity and energy rates based on the
variance of the actual cumulative net
revenue available for repayment from
the planned cumulative net revenue
available for repayment in the table
above. For every $100,000 underrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will increase the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and increase the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. For every $100,000 of overrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will reduce the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and reduce the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. Southeastern will give written
notice to the customers of the amount of
the true-up to the capacity and energy
rates by February 1 of the next fiscal
year.
Additional rates for Transmission and
Ancillary Services provided under this
rate schedule shall be the rates charged
Southeastern Power Administration by
the Company. Future adjustments to
these rates will become effective upon
VerDate Sep<11>2014
18:00 Sep 22, 2015
Jkt 235001
acceptance for filing by the Federal
Energy Regulatory Commission (FERC)
of the Company’s rate.
Ancillary Services:
0.34 mills per kilowatt-hour of energy
estimated as of April 2015, is presented
for illustrative purposes.
The initial charge for transmission
and Ancillary Services will be the
Customer’s ratable share of the charges
for transmission, distribution, and
ancillary services paid by the
Government. The charges for
transmission and ancillary services are
governed by and subject to refund based
upon the determination in proceedings
before the FERC involving the
Company’s or PJM’s Open Access
Transmission Tariff (OATT).
Proceedings before FERC involving
the OATT or the Distribution charge
may result in the separation of charges
currently included in the transmission
rate. In this event, the Government may
charge the Customer for any and all
separate transmission, ancillary
services, and distribution charges paid
by the Government in behalf of the
Customer. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract
demand per month, as an estimated cost
as of April 2015.
The tandem transmission charge will
recover the cost of transmitting power
from a project to the border of another
PO 00000
Frm 00037
Fmt 4703
Sfmt 4703
transmitting system. This rate will be a
formulary rate based on the cost to the
Government for transmission of power
from the Philpott project to the border
of the Virginia Electric and Power
Company System and the cost to the
Government for transmission of power
from the John H. Kerr Project to the
border of the Duke Energy Progress
System. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Transmission and Ancillary Services:
The charges for transmission and
ancillary services shall be governed by
and subject to refund based upon the
determination in the proceeding
involving the Company’s or PJM’s
OATT.
Capacity Performance NonPerformance Charges:
Requirements of the PJM capacity
performance market may lead to nonperformance charges to Southeastern.
These non-performance charges, if
incurred, will be allocated to the
capacity delivered in PJM (currently
120,100 kilowatts).
Contract Demand:
The contract demand is the amount of
capacity in kilowatts stated in the
contract which the Government is
obligated to supply and the Customer is
entitled to receive.
Energy to be Furnished by the
Government:
The Government will sell to the
Customer and the Customer will
E:\FR\FM\23SEN1.SGM
23SEN1
Federal Register / Vol. 80, No. 184 / Wednesday, September 23, 2015 / Notices
purchase from the Government energy
each billing month equivalent to a
percentage specified by contract of the
energy made available to the Company
(less applicable losses). The Customer’s
contract demand and accompanying
energy will be allocated proportionately
to its individual delivery points served
from the Company’s system. The
applicable energy loss factor for
transmission is specified in the OATT.
These losses shall be effective until
modified by the Federal Energy
Regulatory Commission, pursuant to
application by the Company or PJM
under Section 205 of the Federal Power
Act or Southeastern Power
Administration under Section 206 of the
Federal Power Act or otherwise.
Billing Month:
The billing month for power sold
under this schedule shall end at 12:00
midnight on the last day of each
calendar month.
Wholesale Power Rate Schedule NC–1–
C
Availability:
This rate schedule shall be available
to public bodies and cooperatives (any
one of whom is hereinafter called the
Customer) in Virginia and North
Carolina to whom power may be
transmitted pursuant to a contract
between the Government and Virginia
Electric and Power Company
(hereinafter called the Virginia Power)
and PJM Interconnection LLC
(hereinafter called PJM), scheduled
pursuant to a contract between the
Government and Duke Energy Progress
(formerly known as Carolina Power &
Light and hereinafter called DEP), and
billed pursuant to contracts between the
Government and the Customer. Nothing
in this rate schedule shall preclude
modifications to the aforementioned
contracts to allow an eligible customer
to elect service under another rate
schedule.
Applicability:
This rate schedule shall be applicable
to the sale at wholesale of power and
accompanying energy generated at the
John H. Kerr and Philpott Projects and
sold under appropriate contracts
between the Government and the
Customer.
Character of Service:
The electric capacity and energy
supplied hereunder will be delivered at
the delivery points of the Customer on
the Virginia Power’s transmission and
distribution system.
Monthly Rate:
The initial base monthly rate for
capacity, energy, and generation
services provided under this rate
schedule for the period specified shall
be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract
demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment
study that projects that the Kerr-Philpott
System will produce the following net
revenue available for repayment by
fiscal year and cumulative net revenue
available for repayment by fiscal year:
Estimated annual
net revenue
available for
repayment
Fiscal year
mstockstill on DSK4VPTVN1PROD with NOTICES
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Cumulative net
revenue available
for repayment
$490,000
2,730,000
2,420,000
1,910,000
1,910,000
2,010,000
2,110,000
2,190,000
2,290,000
2,400,000
$490,000
3,220,000
5,640,000
7,550,000
9,460,000
11,470,000
13,580,000
15,770,000
18,060,000
20,460,000
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
The rates include a true-up of the
capacity and energy rates based on the
variance of the actual cumulative net
revenue available for repayment from
the planned cumulative net revenue
available for repayment in the table
above. For every 100,000 underrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will increase the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and increase the
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. For every $100,000 of overrecovery of the planned cumulative net
revenue available for repayment,
Southeastern will reduce the base
capacity charge by $0.02 per kilowatt
per month, up to a maximum of $0.75
per kilowatt per month, and reduce the
VerDate Sep<11>2014
18:00 Sep 22, 2015
Jkt 235001
base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be
implemented April 1 of the next fiscal
year. Southeastern will give written
notice to the customers of the amount of
the true-up to the capacity and energy
rates by February 1 of the next fiscal
year.
Additional rates for transmission and
ancillary services provided under this
rate schedule shall be the rates charged
Southeastern Power Administration by
the Virginia Power and DEP. Future
adjustments to these rates will become
effective upon acceptance for filing by
the Federal Energy Regulatory
Commission (FERC) of Virginia Power’s
or DEP’s rate.
Transmission:
$0.775 per kilowatt of total contract
demand per month estimated as of April
2015, is presented for illustrative
purposes.
PO 00000
Frm 00038
57369
Fmt 4703
Sfmt 4703
Ancillary Services:
0.34 mills per kilowatt-hour of energy
estimated as of April 2015, is presented
for illustrative purposes.
The initial charge for transmission
and Ancillary Services will be the
Customer’s ratable share of the charges
for transmission, distribution, and
ancillary services paid by the
Government. The charges for
transmission and ancillary services are
governed by and subject to refund based
upon the determination in proceedings
before the FERC involving the
Company’s or PJM’s Open Access
Transmission Tariff (OATT).
Proceedings before FERC involving
the OATT or the Distribution charge
may result in the separation of charges
currently included in the transmission
rate. In this event, the Government may
charge the Customer for any and all
separate transmission, ancillary
services, and distribution charges paid
E:\FR\FM\23SEN1.SGM
23SEN1
57370
Federal Register / Vol. 80, No. 184 / Wednesday, September 23, 2015 / Notices
by the Government in behalf of the
Customer. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract
demand per month, as an estimated cost
as of April 2015.
The tandem transmission charge will
recover the cost of transmitting power
from a project to the border of another
transmitting system. This rate will be a
formulary rate based on the cost to the
Government for transmission of power
from the Philpott project to the border
of the Virginia Electric and Power
Company System and the cost to the
Government for transmission of power
from the John H. Kerr Project to the
border of the Duke Energy Progress
System. These charges could be
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Transmission and Ancillary Services:
The charges for transmission and
ancillary services shall be governed by
and subject to refund based upon the
determination in the proceeding
involving the Virginian Power or PJM’s
OATT.
Transmission, System Control,
Reactive, and Regulation Services:
The charges for transmission and
ancillary services shall be governed by
and subject to refund based upon the
determination in the proceeding
involving Virginia Power’s, DEP’s, or
PJM’s OATT.
Contract Demand:
The contract demand is the amount of
capacity in kilowatts stated in the
contract which the Government is
obligated to supply and the Customer is
entitled to receive.
Energy to be Furnished by the
Government:
The Government will sell to the
Customer and the Customer will
purchase from the Government energy
each billing month equivalent to a
percentage specified by contract of the
energy made available to Virginia Power
(less applicable losses). The Customer’s
contract demand and accompanying
energy will be allocated proportionately
to its individual delivery points served
from the Virginia Power’s system. The
applicable energy loss factor for
transmission is specified in the OATT.
These losses shall be effective until
modified by the FERC, pursuant to
application by the Company or PJM
under Section 205 of the Federal Power
Act or Southeastern Power
Administration under Section 206 of the
Federal Power Act or otherwise.
Billing Month:
The billing month for power sold
under this schedule shall end at 12:00
midnight on the last day of each
calendar month.
Availability:
This rate schedule shall be available
to public bodies and cooperatives (any
one of whom is hereinafter called the
Customer) in North Carolina and
Virginia to whom power is provided
pursuant to contracts between the
Government and the customer from the
John H. Kerr and Philpott Projects (or
Kerr-Philpott System).
Applicability:
This rate schedule shall be applicable
to the sale of wholesale energy
purchased to meet contract minimum
energy and sold under appropriate
contracts between the Government and
the Customer.
Character of Service:
The energy supplied hereunder will
be delivered at the delivery points
provided for under appropriate
contracts between the Government and
the Customer.
Monthly Charge:
The customer will pay its ratable
share of Southeastern’s monthly cost for
replacement energy. The ratable share
will be the cost allocation factor for the
customer listed in the table below times
Southeastern’s monthly cost for
replacement energy purchased for the
Kerr-Philpott System, rounded to the
nearest $0.01.
Capacity
allocation
Contract No. 89-00-1501-
mstockstill on DSK4VPTVN1PROD with NOTICES
Wholesale Power Rate Schedule
Replacement–2–B
Customer
1230 ........................................
1221 ........................................
853 ..........................................
854 ..........................................
869 ..........................................
855 ..........................................
1220 ........................................
1203 ........................................
1204 ........................................
895 ..........................................
1215 ........................................
878 ..........................................
880 ..........................................
881 ..........................................
1205 ........................................
882 ..........................................
1206 ........................................
885 ..........................................
1208 ........................................
892 ..........................................
889 ..........................................
1222 ........................................
1211 ........................................
1231 ........................................
875 ..........................................
856 ..........................................
891 ..........................................
857 ..........................................
1232 ........................................
1216 ........................................
858 ..........................................
859 ..........................................
Albemarle EMC ......................................................................
B–A–R–C EC .........................................................................
Brunswick EMC ......................................................................
Carteret-Craven EMC .............................................................
Carteret-Craven EMC .............................................................
Central EMC ...........................................................................
Central Virginia EC .................................................................
City of Bedford .......................................................................
City of Danville .......................................................................
City of Elizabeth City ..............................................................
City of Franklin .......................................................................
City of Kinston ........................................................................
City of Laurinburg ...................................................................
City of Lumberton ...................................................................
City of Martinsville ..................................................................
City of New Bern ....................................................................
City of Radford .......................................................................
City of Rocky Mount ...............................................................
City of Salem ..........................................................................
City of Washington .................................................................
City of Wilson .........................................................................
Community EC .......................................................................
Craig-Botetourt EC .................................................................
Edgecombe-Martin County EMC ...........................................
Fayetteville Public Works Commission ..................................
Four County EMC ..................................................................
Greenville Utilities Commission ..............................................
Halifax EMC ...........................................................................
Halifax EMC ...........................................................................
Harrisonburg Electric Commission .........................................
Jones-Onslow EMC ................................................................
Lumbee River EMC ................................................................
VerDate Sep<11>2014
18:00 Sep 22, 2015
Jkt 235001
PO 00000
Frm 00039
Fmt 4703
Sfmt 4703
E:\FR\FM\23SEN1.SGM
2,593
3,740
3,515
2,679
56
1,239
7,956
1,200
5,600
2,073
1,003
1,466
415
895
1,600
1,204
1,300
2,538
2,200
2,703
2,950
4,230
1,692
4,155
5,431
4,198
7,534
585
2,021
2,691
5,184
3,729
23SEN1
Average
energy
6,950,707
10,060,472
10,468,686
7,978,836
42,281
3,690,100
21,534,960
906,166
4,228,775
1,565,205
754,359
1,106,893
313,343
675,764
1,208,222
909,072
981,575
1,916,300
1,661,127
2,040,882
2,227,377
11,394,466
4,575,816
11,275,547
4,100,640
12,502,857
5,688,496
1,742,299
5,478,308
2,050,360
15,439,450
11,106,040
Cost allocation
factor
1.565921%
2.266518%
2.358485%
1.797548%
0.009525%
0.831341%
4.851599%
0.204150%
0.952698%
0.352624%
0.169949%
0.249371%
0.070593%
0.152242%
0.272200%
0.204804%
0.221138%
0.431722%
0.374234%
0.459789%
0.501805%
2.567053%
1.030883%
2.540262%
0.923831%
2.816762%
1.281558%
0.392522%
1.234205%
0.461924%
3.478345%
2.502074%
Federal Register / Vol. 80, No. 184 / Wednesday, September 23, 2015 / Notices
Capacity
allocation
Average
energy
57371
Cost allocation
factor
Customer
1223 ........................................
1224 ........................................
1225 ........................................
860 ..........................................
861 ..........................................
862 ..........................................
1226 ........................................
863 ..........................................
1227 ........................................
1233 ........................................
1228 ........................................
864 ..........................................
1229 ........................................
865 ..........................................
1234 ........................................
870 ..........................................
871 ..........................................
893 ..........................................
872 ..........................................
1212 ........................................
873 ..........................................
1213 ........................................
894 ..........................................
1214 ........................................
1218 ........................................
874 ..........................................
876 ..........................................
896 ..........................................
897 ..........................................
898 ..........................................
877 ..........................................
879 ..........................................
868 ..........................................
883 ..........................................
884 ..........................................
1207 ........................................
899 ..........................................
900 ..........................................
886 ..........................................
887 ..........................................
901 ..........................................
888 ..........................................
1217 ........................................
1219 ........................................
866 ..........................................
867 ..........................................
Mecklenburg EMC ..................................................................
Northern Neck EC ..................................................................
Northern Virginia EC ..............................................................
Pee Dee EMC ........................................................................
Piedmont EMC .......................................................................
Pitt & Greene EMC ................................................................
Prince George EC ..................................................................
Randolph EMC .......................................................................
Rappahannock EC .................................................................
Roanoke EMC ........................................................................
Shenandoah Valley EMC .......................................................
South River EMC ...................................................................
Southside EC .........................................................................
Tideland EMC .........................................................................
Tideland EMC .........................................................................
Town of Apex .........................................................................
Town of Ayden .......................................................................
Town of Belhaven ..................................................................
Town of Benson .....................................................................
Town of Blackstone ................................................................
Town of Clayton .....................................................................
Town of Culpepper .................................................................
Town of Edenton ....................................................................
Town of Elkton .......................................................................
Town of Enfield ......................................................................
Town of Farmville ...................................................................
Town of Fremont ....................................................................
Town of Hamilton ...................................................................
Town of Hertford ....................................................................
Town of Hobgood ...................................................................
Town of Hookerton .................................................................
Town of La Grange ................................................................
Town of Louisburg ..................................................................
Town of Pikeville ....................................................................
Town of Red Springs .............................................................
Town of Richlands ..................................................................
Town of Robersonville ............................................................
Town of Scotland Neck ..........................................................
Town of Selma .......................................................................
Town of Smithfield ..................................................................
Town of Tarboro .....................................................................
Town of Wake Forest .............................................................
Town of Wakefield ..................................................................
Town of Windsor ....................................................................
Tri-County EMC ......................................................................
Wake EMC .............................................................................
11,344
3,944
3,268
2,968
1,086
1,580
2,530
3,608
22,427
5,528
9,938
6,119
14,575
680
2,418
145
208
182
120
389
161
391
775
171
259
237
60
40
203
46
30
93
857
40
117
500
232
304
183
378
2,145
149
106
331
3,096
2,164
30,806,162
10,572,278
8,875,341
8,839,562
3,234,540
4,705,697
6,781,913
10,745,666
60,450,624
14,904,403
26,943,520
18,224,150
39,381,017
2,025,236
6,554,050
109,482
157,049
137,418
90,605
292,568
121,562
297,916
585,159
128,609
194,810
178,946
45,303
30,202
153,274
34,732
22,651
70,219
2,552,452
30,202
88,340
377,569
175,170
229,533
138,173
285,407
1,619,568
112,501
79,723
248,946
9,220,782
6,445,017
6.940303%
2.381823%
1.999521%
1.991460%
0.728708%
1.060144%
1.527893%
2.420885%
13.618889%
3.357805%
6.070091%
4.105709%
8.872128%
0.456264%
1.476558%
0.024665%
0.035381%
0.030959%
0.020412%
0.065912%
0.027387%
0.067117%
0.131830%
0.028974%
0.043889%
0.040315%
0.010206%
0.006804%
0.034531%
0.007825%
0.005103%
0.015820%
0.575041%
0.006804%
0.019902%
0.085062%
0.039464%
0.051711%
0.031129%
0.064299%
0.364872%
0.025345%
0.017961%
0.056085%
2.077345%
1.451994%
Total .................................
mstockstill on DSK4VPTVN1PROD with NOTICES
Contract No. 89-00-1501-
.................................................................................................
196,500
443,873,428
........................
Energy to be Furnished by the
Government:
The Government will sell to the
Customer and the Customer will
purchase from the Government energy
each billing month equivalent to a
percentage specified by contract of the
energy made available to the Facilitator
(less any losses required by the
Facilitator). The customer’s contract
demand and accompanying energy will
be allocated proportionately to its
individual delivery points served from
the Facilitator’s system.
Billing Month:
The billing month for power sold
under this schedule shall end at 12:00
VerDate Sep<11>2014
18:00 Sep 22, 2015
Jkt 235001
midnight on the last day of each
calendar month.
[FR Doc. 2015–24196 Filed 9–22–15; 8:45 am]
BILLING CODE 6450–01–P
ENVIRONMENTAL PROTECTION
AGENCY
[FRL–9934–35–Region 10]
Issuance of NPDES General Permit for
Tribal Marine Net Pen Enhancement
Facilities in Washington State (Permit
Number WAG132000)
Environmental Protection
Agency (EPA).
ACTION: Notice of availability of final
NPDES General Permit.
AGENCY:
PO 00000
Frm 00040
Fmt 4703
Sfmt 4703
The Director, Office of Water
and Watersheds, EPA Region 10 is
publishing notice of availability of the
final National Pollutant Discharge
Elimination System (NPDES) General
Permit for Tribal Marine Net Pen
Enhancement Facilities in Washington
State (General Permit). The General
Permit authorizes discharges to Waters
of the U.S. within the State of
Washington. The General Permit
contains effluent limitations, along with
administrative reporting and monitoring
requirements, as well as standard
conditions, prohibitions, and
management practices.
DATES: The issuance date of the General
Permit is September 23, 2015. The
effective date of this General Permit will
be November 1, 2015. Existing operators
SUMMARY:
E:\FR\FM\23SEN1.SGM
23SEN1
]]>Agencies
[Federal Register Volume 80, Number 184 (Wednesday, September 23, 2015)]
[Notices]
[Pages 57353-57371]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-24196]
-----------------------------------------------------------------------
DEPARTMENT OF ENERGY
Southeastern Power Administration
Kerr-Philpott System
AGENCY: Southeastern Power Administration, (Southeastern), Department
of Energy.
ACTION: Notice of interim approval.
-----------------------------------------------------------------------
SUMMARY: The Deputy Secretary, Department of Energy, confirmed and
approved, on an interim basis new rate schedules VA-1-C, VA-2-C, VA-3-
C, VA-4-C, DEP-1-C, DEP-2-C, DEP-3-C, DEP-4-C, AP-1-C, AP-2-C, AP-3-C,
AP-4-C, NC-1-C, and Replacement-2-B. These rate schedules are
applicable to Southeastern power sold to existing preference customers
in the Virginia and North Carolina service area. The rate schedules are
approved on an interim basis through September 30, 2020, and are
subject to confirmation and approval by the Federal Energy Regulatory
Commission (FERC) on a final basis.
DATES: The rates are effective October 1, 2015.
FOR FURTHER INFORMATION CONTACT: Virgil G. Hobbs III, Assistant
Administrator, Finance and Marketing, Southeastern Power
Administration, Department of Energy, 1166 Athens Tech Road, Elberton,
Georgia 30635-4578, (706) 213-3800.
SUPPLEMENTARY INFORMATION: The Federal Energy Regulatory Commission, by
Order issued March 11, 2011, in Docket No. EF10-8-000 (134 FERC
62,233), confirmed and approved Wholesale Power Rate Schedules VA-1-B,
VA-2-B, VA-3-B, VA-4-B, CP&L-1-B, CP&L-2-B, CP&L-3-B, CP&L-4-B, AP-1-B,
AP-2-B, AP-3-B, AP-4-B, NC-1-B, and Replacement-2-A through September
30, 2015. This order replaces these rate schedules on an interim basis,
subject to final approval by FERC.
Dated: September 16, 2015.
Elizabeth Sherwood-Randall,
Deputy Secretary of Energy.
Department of Energy
Deputy Secretary
In the Matter of: Southeastern Power Administration), Kerr-Philpott
System Power Rates), Rate Order No. SEPA-58
Order Confirming and Approving Power Rates on an Interim Basis
Pursuant to Sections 302(a) of the Department of Energy
Organization Act, Public Law 95-91, the functions of the Secretary of
the Interior and the Federal Power Commission under Section 5 of the
Flood Control Act of 1944, 16 U.S.C. 825s, relating to the Southeastern
Power Administration (Southeastern), were transferred to and vested in
the Secretary of Energy. By Delegation Order No. 00-037.00A, effective
December 6, 2001, the Secretary of Energy delegated to Southeastern's
Administrator the authority to develop power and transmission rates, to
the Deputy Secretary of Energy the authority to confirm, approve, and
place in effect such rates on interim basis, and to the Federal Energy
Regulatory Commission (FERC) the authority to confirm, approve, and
place into effect on a final basis or to disapprove rates developed by
the Administrator under the delegation. This rate is issued by the
Deputy Secretary pursuant to that delegation order.
Background
Power from the Kerr-Philpott Projects is presently sold under
Wholesale
[[Page 57354]]
Power Rate Schedules VA-1-B, VA-2-B, VA-3-B, VA-4-B, CP&L-1-B, CP&L-2-
B, CP&L-3-B, CP&L-4-B, AP-1-B, AP-2-B, AP-3-B, AP-4-B, NC-1-B, and
Replacement-2-A. These rate schedules were approved by the FERC on
March 11, 2011, for a period ending September 30, 2015 (134 FERC
62,233).
Public Notice and Comment
Notice of a proposed rate adjustment for the Kerr-Philpott System
was published in the Federal Register (80 FR 12819) on March 11, 2015.
The notice advised interested parties that a public information and
comment forum would be held in Boydton, Virginia on April 21, 2015.
Written comments were due on or before June 9, 2015. The proposed rate
adjustment was a reduction of about six percent (6%).
Subsequent to the Public Information and Comment Forum on April 21,
Southeastern discovered an error due to omissions in the repayment
study used to develop the proposed rate schedules. Two accounting lines
were omitted from the estimated Corps O&M expenses included in the
study. The accounting lines were Work Category Code 602, Operation for
Flood Damage Reduction, and Work Category Code 612, Maintenance for
Flood Damage Reduction. On June 1, 2015, Southeastern sent a letter to
all Kerr-Philpott customers notifying them of the error and notifying
them Southeastern intended to add the omitted accounting lines and
correct the error in the rate schedules Southeastern would recommend to
the Deputy Secretary. After these corrections, the proposed rate is an
increase of about 2.2 percent.
Southeastern received comments from one source, the Southeast
Federal Power Customers, Inc., as a result of the above notifications.
The comments and Southeastern's response are below.
Comment: The SeFPC questions whether the expenses in accounts WCC
602 and 612 should properly be assigned to hydropower as a joint
expense. Given the Congressional Mandate to provide flood control at
the Kerr and Philpott projects, the assignment of these costs appears
to be arbitrary, capricious, and not consistent with the authorizing
statutes. The SeFPC would ask SEPA to review the inclusion of these
costs and work with Corps representatives to remove such expenses as
joint expense for purpose of the proposed rate. Failure to take this
action would impose over $10 million in additional cost for the
hydropower customers over the five year study period in the repayment
study which should properly be borne by the flood control purpose.
The referenced Work Category Codes 602 and 612 contain operation
and maintenance expenses associated with flood risk management. The
Corps has taken the position the John H. Kerr and Philpott final cost
allocations state that the only specific costs at these reservoirs are
Power and Recreation, and that as a result, the Corps cannot charge
costs to the flood control purpose at these projects.
The $10 million assigned to hydropower and disputed by SeFPC
include the operations, maintenance and readiness of equipment
associated with spillways, sluices, pumping plants and earthen dams.
The Corps has included these costs in the O&M expenses included in the
financial statements provided to Southeastern for the John H. Kerr and
Philpott projects. SeFPC has raised legitimate questions about the
nature and assignment of WCC s 602 and 612. Further study of this issue
is necessary. Southeastern will continue to discuss with the Corps the
appropriateness of assigning these costs solely to hydropower.
Southeastern and the Corps have discussed the need for a new
authorized purpose allocation study and agreed to jointly fund the
effort. Once completed, Southeastern and the Corps will work together
to determine whether costs in these accounts should be allocated to
purposes other than Power and Recreation. A reallocation could
significantly reduce the proportion of charges assigned to
Southeastern's power customers and ensure that costs are being assigned
to appropriate cost-causers.
Discussion
System Repayment
An examination of Southeastern's revised system power repayment
study, prepared in July 2015, for the Kerr-Philpott System shows that
with the proposed rates, all system power costs are paid within the
appropriate repayment period required by existing law and DOE Procedure
RA 6120.2. The Administrator of Southeastern Power Administration has
certified that the rates are consistent with applicable law and that
they are the lowest possible rates to customers consistent with sound
business principles, pursuant to section 5 of the Flood Control Act (16
U.S.C.A.835(s)).
Environmental Impact
Southeastern has reviewed the possible environmental impacts of the
rate adjustment under consideration and has concluded that, because the
adjusted rates would not significantly affect the quality of the human
environment within the meaning of the National Environmental Policy Act
of 1969 (42 U.S.C.A 4332), the proposed action is not a major Federal
action for which preparation of an Environmental Impact Statement is
required.
Availability of Information
Information regarding these rates, including studies and other
supporting materials and transcripts of the public information and
comment forum, is available for public review in the offices of
Southeastern Power Administration, 1166 Athens Tech Road, Elberton,
Georgia 30635, and in the Power Marketing Liaison Office, James
Forrestal Building, 1000 Independence Avenue SW., Washington, DC 20585.
Order
In view of the foregoing and pursuant to the authority delegated to
me by the Secretary of Energy, I hereby confirm and approve on an
interim basis, effective October 1, 2015, attached Wholesale Power Rate
Schedules VA-1-C, VA-2-C, VA-3-C, VA-4-C, DEP-1-C, DEP-2-C, DEP-3-C,
DEP-4-C, AP-1-C, AP-2-C, AP-3-C, AP-4-C, NC-1-C, and Replacement-2-B.
The Rate Schedules shall remain in effect on an interim basis through
September 30, 2020, unless such period is extended or until the FERC
confirms and approves them or substitutes Rate Schedules on a final
basis.
Dated: September 16, 2015.
Elizabeth Sherwood-Randall
Deputy Secretary of Energy
Wholesale Power Rate Schedule VA-1-C
Availability:
This rate schedule shall be available to public bodies and
cooperatives (any one of whom is hereinafter called the Customer) in
Virginia and North Carolina to whom power may be transmitted and
scheduled pursuant to contracts between the Government, Virginia
Electric and Power Company (hereinafter called the Company), the
Company's Transmission Operator, currently PJM Interconnection LLC
(hereinafter called PJM), and the Customer. This rate schedule is
applicable to customers receiving power from the Government on an
arrangement where the Company schedules the power and provides the
Customer a credit on their bill for Government power. Nothing in this
rate schedule shall preclude modifications to the aforementioned
contracts to allow an eligible customer to elect service under another
rate schedule.
Applicability:
[[Page 57355]]
This rate schedule shall be applicable to the sale at wholesale of
power and accompanying energy generated at the John H. Kerr and
Philpott Projects and sold under appropriate contracts between the
Government and the Customer.
Character of Service:
The electric capacity and energy supplied hereunder will be
delivered at the delivery points of the Customer on the Company's
transmission and distribution system.
Monthly Rate:
The initial base monthly rate for capacity, energy, and generation
services provided under this rate schedule for the period specified
shall be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment study that projects that the
Kerr-Philpott System will produce the following net revenue available
for repayment by fiscal year and cumulative net revenue available for
repayment by fiscal year:
------------------------------------------------------------------------
Estimated annual
net revenue Cumulative net
Fiscal year available for revenue available
repayment for repayment
------------------------------------------------------------------------
2015.............................. $490,000 $490,000
2016.............................. $2,730,000 $3,220,000
2017.............................. $2,420,000 $5,640,000
2018.............................. $1,910,000 $7,550,000
2019.............................. $1,910,000 $9,460,000
2020.............................. $2,010,000 $11,470,000
2021.............................. $2,110,000 $13,580,000
2022.............................. $2,190,000 $15,770,000
2023.............................. $2,290,000 $18,060,000
2024.............................. $2,400,000 $20,460,000
------------------------------------------------------------------------
The rates include a true-up of the capacity and energy rates based
on the variance of the actual cumulative net revenue available for
repayment from the planned cumulative net revenue available for
repayment in the table above. For every $100,000 under-recovery of the
planned cumulative net revenue available for repayment, Southeastern
will increase the base capacity charge by $0.02 per kilowatt per month,
up to a maximum of $0.75 per kilowatt per month, and increase the base
energy charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be implemented April 1 of the next
fiscal year. For every $100,000 of over-recovery of the planned
cumulative net revenue available for repayment, Southeastern will
reduce the base capacity charge by $0.02 per kilowatt per month, up to
a maximum of $0.75 per kilowatt per month, and reduce the base energy
charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0 mills
per kilowatt per hour, to be implemented April 1 of the next fiscal
year. Southeastern will give written notice to the customers of the
amount of the true-up to the capacity and energy rates by February 1 of
the next fiscal year.
Additional rates for transmission and any ancillary services
provided under this rate schedule shall be the rates charged
Southeastern Power Administration by the Company or PJM. Future
adjustments to these rates will become effective upon acceptance for
filing by the Federal Energy Regulatory Commission (FERC) of the
Company's rate.
Transmission:
$0.775 per kilowatt of total contract demand per month estimated as
of April 2015, is presented for illustrative purposes.
Ancillary Services:
0.34 mills per kilowatt-hour of energy estimated as of April 2015,
is presented for illustrative purposes.
The initial charge for transmission and Ancillary Services will be
the Customer's ratable share of the charges for transmission,
distribution, and ancillary services paid by the Government. The
charges for transmission and ancillary services are governed by and
subject to refund based upon the determination in proceedings before
the FERC involving the Company's or PJM's Open Access Transmission
Tariff (OATT).
Proceedings before FERC involving the OATT or the Distribution
charge may result in the separation of charges currently included in
the transmission rate. In this event, the Government may charge the
Customer for any and all separate transmission, ancillary services, and
distribution charges paid by the Government in behalf of the Customer.
These charges could be recovered through a capacity charge or an energy
charge, as determined by the Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract demand per month, as an
estimated cost as of April 2015.
The tandem transmission charge will recover the cost of
transmitting power from a project to the border of another transmitting
system. This rate will be a formulary rate based on the cost to the
Government for transmission of power from the Philpott project to the
border of the Virginia Electric and Power Company System and the cost
to the Government for transmission of power from the John H. Kerr
Project to the border of the Duke Energy Progress System. These charges
could be recovered through a capacity charge or an energy charge, as
determined by the Government.
Transmission and Ancillary Services:
The charges for transmission and ancillary services shall be
governed by and subject to refund based upon the determination in the
proceeding involving the Company's or PJM's OATT.
Capacity Performance Non-Performance Charge:
Requirements of the PJM capacity performance market may lead to
non-performance charges to Southeastern. These non-performance charges,
if incurred, will be allocated to the capacity delivered in PJM
(currently 120,100 kilowatts) in the month incurred.
Contract Demand:
The contract demand is the amount of capacity in kilowatts stated
in the contract which the Government is obligated to supply and the
Customer is entitled to receive.
Energy to be Furnished by the Government:
The Government will sell to the Customer and the Customer will
purchase from the Government energy
[[Page 57356]]
each billing month equivalent to a percentage specified by contract of
the energy made available to the Company (less applicable losses). The
Customer's contract demand and accompanying energy will be allocated
proportionately to its individual delivery points served from the
Company's system. The applicable energy loss factor for transmission is
specified in the OATT.
These losses shall be effective until modified by the FERC,
pursuant to application by the Company or PJM under Section 205 of the
Federal Power Act or Southeastern Power Administration under Section
206 of the Federal Power Act or otherwise.
Billing Month:
The billing month for power sold under this schedule shall end at
12:00 midnight on the last day of each calendar month.
Wholesale Power Rate Schedule VA-2-C
Availability:
This rate schedule shall be available to public bodies and
cooperatives (any one of whom is hereinafter called the Customer) in
Virginia and North Carolina to whom power may be transmitted pursuant
to contracts between the Government, Virginia Electric and Power
Company (hereinafter called the Company), the Company's Transmission
Operator, currently PJM Interconnection LLC (hereinafter called PJM),
and the Customer. The Customer has chosen to self-schedule and does not
receive Government power under an arrangement where the Company
schedules the power and provides a credit on the Customer's bill for
Government power. The Customer is responsible for providing a
scheduling arrangement with the Government. The Government is
responsible for arranging transmission with the Company and PJM.
Nothing in this rate schedule shall preclude modifications to the
aforementioned contracts to allow an eligible customer to elect service
under another rate schedule.
Applicability:
This rate schedule shall be applicable to the sale at wholesale of
power and accompanying energy generated at the John H. Kerr and
Philpott Projects and sold under appropriate contracts between the
Government and the Customer.
Character of Service:
The electric capacity and energy supplied hereunder will be
delivered at the delivery points of the Customer on the Company's
transmission and distribution system.
Monthly Rate:
The initial base monthly rate for capacity, energy, and generation
services provided under this rate schedule for the period specified
shall be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment study that projects that the
Kerr-Philpott System will produce the following net revenue available
for repayment by fiscal year and cumulative net revenue available for
repayment by fiscal year:
------------------------------------------------------------------------
Estimated annual
net revenue Cumulative net
Fiscal year available for revenue available
repayment for repayment
------------------------------------------------------------------------
2015.............................. $490,000 $490,000
2016.............................. 2,730,000 3,220,000
2017.............................. 2,420,000 5,640,000
2018.............................. 1,910,000 7,550,000
2019.............................. 1,910,000 9,460,000
2020.............................. 2,010,000 11,470,000
2021.............................. 2,110,000 13,580,000
2022.............................. 2,190,000 15,770,000
2023.............................. 2,290,000 18,060,000
2024.............................. 2,400,000 20,460,000
------------------------------------------------------------------------
The rates include a true-up of the capacity and energy rates based
on the variance of the actual cumulative net revenue available for
repayment from the planned cumulative net revenue available for
repayment in the table above. For every $100,000 under-recovery of the
planned cumulative net revenue available for repayment, Southeastern
will increase the base capacity charge by $0.02 per kilowatt per month,
up to a maximum of $0.75 per kilowatt per month, and increase the base
energy charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be implemented April 1 of the next
fiscal year. For every $100,000 of over-recovery of the planned
cumulative net revenue available for repayment, Southeastern will
reduce the base capacity charge by $0.02 per kilowatt per month, up to
a maximum of $0.75 per kilowatt per month, and reduce the base energy
charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0 mills
per kilowatt per hour, to be implemented April 1 of the next fiscal
year. Southeastern will give written notice to the customers of the
amount of the true-up to the capacity and energy rates by February 1 of
the next fiscal year.
Additional rates for transmission and any ancillary services
provided under this rate schedule shall be the rates charged
Southeastern Power Administration by the Company or PJM. Future
adjustments to these rates will become effective upon acceptance for
filing by the Federal Energy Regulatory Commission (FERC) of the
Company's rate.
Transmission:
$0.775 per kilowatt of total contract demand per month estimated as
of April 2015, is presented for illustrative purposes.
Ancillary Services:
0.34 mills per kilowatt-hour of energy estimated as of April 2015,
is presented for illustrative purposes.
The initial charge for transmission and ancillary services will be
the Customer's ratable share of the charges for transmission,
distribution, and ancillary services paid by the Government. The
charges for transmission and ancillary services are governed by and
subject to refund based upon the determination in proceedings before
the FERC involving the Company's or PJM's Open Access Transmission
Tariff (OATT).
Proceedings before FERC involving the OATT or the distribution
charge may result in the separation of charges currently included in
the transmission rate. In this event, the Government may
[[Page 57357]]
charge the Customer for any and all separate transmission, ancillary
services, and distribution charges paid by the Government in behalf of
the Customer. These charges could be recovered through a capacity
charge or an energy charge, as determined by the Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract demand per month, as an
estimated cost as of April 2015.
The tandem transmission charge will recover the cost of
transmitting power from a project to the border of another transmitting
system. This rate will be a formulary rate based on the cost to the
Government for transmission of power from the Philpott project to the
border of the Virginia Electric and Power Company System and the cost
to the Government for transmission of power from the John H. Kerr
Project to the border of the Duke Energy Progress System. These charges
could be recovered through a capacity charge or an energy charge, as
determined by the Government.
Transmission and Ancillary Services:
The charges for transmission and ancillary services shall be
governed by and subject to refund based upon the determination in the
proceeding involving the Company's or PJM's OATT.
Capacity Performance Non-Performance Charge:
Requirements of the PJM capacity performance market may lead to
non-performance charges to Southeastern. These non-performance charges,
if incurred, will be allocated to the capacity delivered in PJM
(currently 120,100 kilowatts) in the month incurred.
Contract Demand:
The contract demand is the amount of capacity in kilowatts stated
in the contract which the Government is obligated to supply and the
Customer is entitled to receive.
Energy to be Furnished by the Government:
The Government will sell to the Customer and the Customer will
purchase from the Government energy each billing month equivalent to a
percentage specified by contract of the energy made available to the
Company (less applicable losses). The Customer's contract demand and
accompanying energy will be allocated proportionately to its individual
delivery points served from the Company's system. The applicable energy
loss factor for transmission is specified in the OATT.
These losses shall be effective until modified by FERC, pursuant to
application by the Company or PJM under Section 205 of the Federal
Power Act or Southeastern Power Administration under Section 206 of the
Federal Power Act or otherwise.
Billing Month:
The billing month for power sold under this schedule shall end at
12:00 midnight on the last day of each calendar month.
Wholesale Power Rate Schedule VA-3-C
Availability:
This rate schedule shall be available to public bodies and
cooperatives (any one of whom is hereinafter called the Customer) in
Virginia and North Carolina to whom power may be scheduled pursuant to
contracts between the Government, Virginia Electric and Power Company
(hereinafter called the Company), the Company's Transmission Operator,
currently PJM Interconnection LLC (hereinafter called PJM), and the
Customer. The Government is responsible for providing the scheduling.
The Customer is responsible for providing a transmission arrangement.
Nothing in this rate schedule shall preclude modifications to the
aforementioned contracts to allow an eligible customer to elect service
under another rate schedule.
Applicability:
This rate schedule shall be applicable to the sale at wholesale of
power and accompanying energy generated at the John H. Kerr and
Philpott Projects (hereinafter called the Projects) and sold under
appropriate contracts between the Government and the Customer.
Character of Service:
The electric capacity and energy supplied hereunder will be
delivered at the Projects.
Monthly Rate:
The initial base monthly rate for capacity, energy, and generation
services provided under this rate schedule for the period specified
shall be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment study that projects that the
Kerr-Philpott System will produce the following net revenue available
for repayment by fiscal year and cumulative net revenue available for
repayment by fiscal year:
------------------------------------------------------------------------
Estimated annual
net revenue Cumulative net
Fiscal year available for revenue available
repayment for repayment
------------------------------------------------------------------------
2015.............................. $490,000 $490,000
2016.............................. 2,730,000 3,220,000
2017.............................. 2,420,000 5,640,000
2018.............................. 1,910,000 7,550,000
2019.............................. 1,910,000 9,460,000
2020.............................. 2,010,000 11,470,000
2021.............................. 2,110,000 13,580,000
2022.............................. 2,190,000 15,770,000
2023.............................. 2,290,000 18,060,000
2024.............................. 2,400,000 20,460,000
------------------------------------------------------------------------
The rates include a true-up of the capacity and energy rates based
on the variance of the actual cumulative net revenue available for
repayment from the planned cumulative net revenue available for
repayment in the table above. For every $100,000 under-recovery of the
planned cumulative net revenue available for repayment, Southeastern
will increase the base capacity charge by $0.02 per kilowatt per month,
up to a maximum of $0.75 per kilowatt per month, and increase the base
energy charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be implemented April 1 of the next
fiscal year. For every $100,000 of over-recovery of the planned
cumulative net revenue available for repayment, Southeastern will
reduce the base
[[Page 57358]]
capacity charge by $0.02 per kilowatt per month, up to a maximum of
$0.75 per kilowatt per month, and reduce the base energy charge by 0.10
mills per kilowatt-hour, up to a maximum of 3.0 mills per kilowatt per
hour, to be implemented April 1 of the next fiscal year. Southeastern
will give written notice to the customers of the amount of the true-up
to the capacity and energy rates by February 1 of the next fiscal year.
Additional rates for Transmission and Ancillary Services provided
under this rate schedule shall be the rates charged Southeastern Power
Administration by the Company or PJM. Future adjustments to these rates
will become effective upon acceptance for filing by the Federal Energy
Regulatory Commission (FERC) of the Company's rate.
Ancillary Services:
0.34 mills per kilowatt-hour of energy estimated as of April 2015,
is presented for illustrative purposes.
The initial charge for transmission and Ancillary Services will be
the Customer's ratable share of the charges for transmission,
distribution, and ancillary services paid by the Government. The
charges for transmission and ancillary services are governed by and
subject to refund based upon the determination in proceedings before
the FERC involving the Company's or PJM's Open Access Transmission
Tariff (OATT).
Proceedings before FERC involving the OATT or the Distribution
charge may result in the separation of charges currently included in
the transmission rate. In this event, the Government may charge the
Customer for any and all separate transmission, ancillary services, and
distribution charges paid by the Government in behalf of the Customer.
These charges could be recovered through a capacity charge or an energy
charge, as determined by the Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract demand per month, as an
estimated cost as of April 2015.
The tandem transmission charge will recover the cost of
transmitting power from a project to the border of another transmitting
system. This rate will be a formulary rate based on the cost to the
Government for transmission of power from the Philpott project to the
border of the Virginia Electric and Power Company System and the cost
to the Government for transmission of power from the John H. Kerr
Project to the border of the Duke Energy Progress System. These charges
could be recovered through a capacity charge or an energy charge, as
determined by the Government.
Transmission and Ancillary Services:
The charges for transmission and ancillary services shall be
governed by and subject to refund based upon the determination in the
proceeding involving the Company's or PJM's OATT.
Capacity Performance Non-Performance Charge:
Requirements of the PJM capacity performance market may lead to
non-performance charges to Southeastern. These non-performance charges,
if incurred, will be allocated to the capacity delivered in PJM
(currently 120,100 kilowatts) in the month incurred.
Contract Demand:
The contract demand is the amount of capacity in kilowatts stated
in the contract which the Government is obligated to supply and the
Customer is entitled to receive.
Energy to be Furnished by the Government:
The Government will sell to the Customer and the Customer will
purchase from the Government energy each billing month equivalent to a
percentage specified by contract of the energy made available to the
Company (less applicable losses). The Customer's contract demand and
accompanying energy will be allocated proportionately to its individual
delivery points served from the Company's system. The applicable energy
loss factor for transmission is specified in the OATT.
These losses shall be effective until modified by the Federal
Energy Regulatory Commission, pursuant to application by the Company or
PJM under Section 205 of the Federal Power Act or Southeastern Power
Administration under Section 206 of the Federal Power Act or otherwise.
Billing Month:
The billing month for power sold under this schedule shall end at
12:00 midnight on the last day of each calendar month.
Wholesale Power Rate Schedule VA-4-C
Availability:
This rate schedule shall be available to public bodies and
cooperatives (any one of whom is hereinafter called the Customer) in
Virginia and North Carolina served through the transmission facilities
of Virginia Electric and Power Company (hereinafter called the Company)
and PJM Interconnection LLC (hereinafter called PJM). The Customer has
chosen to self-schedule and does not receive Government power under an
arrangement where the Company schedules the power and provides a credit
on the Customer's bill for Government power. The Customer is
responsible for providing a scheduling arrangement with the Government
and for providing a transmission arrangement. Nothing in this rate
schedule shall preclude modifications to the aforementioned contracts
to allow an eligible customer to elect service under another rate
schedule.
Applicability:
This rate schedule shall be applicable to the sale at wholesale of
power and accompanying energy generated at the John H. Kerr and
Philpott Projects (hereinafter called the Projects) and sold under
appropriate contracts between the Government and the Customer.
Character of Service:
The electric capacity and energy supplied hereunder will be
delivered at the Projects.
Monthly Rate:
The initial base monthly rate for capacity, energy, and generation
services provided under this rate schedule for the period specified
shall be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment study that projects that the
Kerr-Philpott System will produce the following net revenue available
for repayment by fiscal year and cumulative net revenue available for
repayment by fiscal year:
------------------------------------------------------------------------
Estimated annual
net revenue Cumulative net
Fiscal year available for revenue available
repayment for repayment
------------------------------------------------------------------------
2015.............................. $490,000 $490,000
2016.............................. 2,730,000 3,220,000
2017.............................. 2,420,000 5,640,000
[[Page 57359]]
2018.............................. 1,910,000 7,550,000
2019.............................. 1,910,000 9,460,000
2020.............................. 2,010,000 11,470,000
2021.............................. 2,110,000 13,580,000
2022.............................. 2,190,000 15,770,000
2023.............................. 2,290,000 18,060,000
2024.............................. 2,400,000 20,460,000
------------------------------------------------------------------------
The rates include a true-up of the capacity and energy rates based
on the variance of the actual cumulative net revenue available for
repayment from the planned cumulative net revenue available for
repayment in the table above. For every $100,000 under-recovery of the
planned cumulative net revenue available for repayment, Southeastern
will increase the base capacity charge by $0.02 per kilowatt per month,
up to a maximum of $0.75 per kilowatt per month, and increase the base
energy charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be implemented April 1 of the next
fiscal year. For every $100,000 of over-recovery of the planned
cumulative net revenue available for repayment, Southeastern will
reduce the base capacity charge by $0.02 per kilowatt per month, up to
a maximum of $0.75 per kilowatt per month, and reduce the base energy
charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0 mills
per kilowatt per hour, to be implemented April 1 of the next fiscal
year. Southeastern will give written notice to the customers of the
amount of the true-up to the capacity and energy rates by February 1 of
the next fiscal year.
Additional rates for transmission and ancillary services provided
under this rate schedule shall be the rates charged Southeastern Power
Administration by the Company or PJM. Future adjustments to these rates
will become effective upon acceptance for filing by the Federal Energy
Regulatory Commission (FERC) of the Company's rate.
Ancillary Services:
0.34 mills per kilowatt-hour of energy estimated as of April 2015,
is presented for illustrative purposes.
The initial charge for transmission and Ancillary Services will be
the Customer's ratable share of the charges for transmission,
distribution, and ancillary services paid by the Government. The
charges for transmission and ancillary services are governed by and
subject to refund based upon the determination in proceedings before
the FERC involving the Company's or PJM's Open Access Transmission
Tariff (OATT).
Proceedings before FERC involving the OATT or the Distribution
charge may result in the separation of charges currently included in
the transmission rate. In this event, the Government may charge the
Customer for any and all separate transmission, ancillary services, and
distribution charges paid by the Government in behalf of the Customer.
These charges could be recovered through a capacity charge or an energy
charge, as determined by the Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract demand per month, as an
estimated cost as of April 2015.
The tandem transmission charge will recover the cost of
transmitting power from a project to the border of another transmitting
system. This rate will be a formulary rate based on the cost to the
Government for transmission of power from the Philpott project to the
border of the Virginia Electric and Power Company System and the cost
to the Government for transmission of power from the John H. Kerr
Project to the border of the Duke Energy Progress System. These charges
could be recovered through a capacity charge or an energy charge, as
determined by the Government.
Transmission and Ancillary Services:
The charges for transmission and ancillary services shall be
governed by and subject to refund based upon the determination in the
proceeding involving the Company's or PJM's OATT.
Capacity Performance Non-Performance Charge:
Requirements of the PJM capacity performance market may lead to
non-performance charges to Southeastern. These non-performance charges,
if incurred, will be allocated to the capacity delivered in PJM
(currently 120,100 kilowatts) in the month incurred.
Contract Demand:
The contract demand is the amount of capacity in kilowatts stated
in the contract which the Government is obligated to supply and the
Customer is entitled to receive.
Energy to be Furnished by the Government:
The Government will sell to the Customer and the Customer will
purchase from the Government energy each billing month equivalent to a
percentage specified by contract of the energy made available to the
Company (less applicable losses). The Customer's contract demand and
accompanying energy will be allocated proportionately to its individual
delivery points served from the Company's system. The applicable energy
loss factor for transmission is specified in the OATT.
These losses shall be effective until modified by the FERC,
pursuant to application by the Company or PJM under Section 205 of the
Federal Power Act or Southeastern Power Administration under Section
206 of the Federal Power Act or otherwise.
Billing Month:
The billing month for power sold under this schedule shall end at
12:00 midnight on the last day of each calendar month.
Wholesale Power Rate Schedule DEP-1-C
Availability:
This rate schedule shall be available to public bodies and
cooperatives (any one of whom is hereinafter called the Customer) in
North Carolina and South Carolina to whom power may be transmitted and
scheduled pursuant to contracts between the Government and Duke Energy
Progress (formerly known as Carolina Power & Light Company and
hereinafter called the Company) and the Customer. This rate schedule is
applicable to customers receiving power from the Government on an
arrangement where the Company schedules the power and provides the
Customer a credit on their bill for Government power. Nothing in this
rate schedule shall preclude modifications to the aforementioned
contracts to allow an eligible customer to elect service under another
rate schedule.
Applicability:
[[Page 57360]]
This rate schedule shall be applicable to the sale at wholesale of
power and accompanying energy generated at the John H. Kerr and
Philpott Projects and sold under appropriate contracts between the
Government and the Customer.
Character of Service:
The electric capacity and energy supplied hereunder will be
delivered at the delivery points of the Customer on the Company's
transmission and distribution system.
Monthly Rate:
The initial base monthly rate for capacity, energy, and generation
services provided under this rate schedule for the period specified
shall be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment study that projects that the
Kerr-Philpott System will produce the following net revenue available
for repayment by fiscal year and cumulative net revenue available for
repayment by fiscal year:
------------------------------------------------------------------------
Estimated annual
net revenue Cumulative net
Fiscal year available for revenue available
repayment for repayment
------------------------------------------------------------------------
2015.............................. $490,000 $490,000
2016.............................. 2,730,000 3,220,000
2017.............................. 2,420,000 5,640,000
2018.............................. 1,910,000 7,550,000
2019.............................. 1,910,000 9,460,000
2020.............................. 2,010,000 11,470,000
2021.............................. 2,110,000 13,580,000
2022.............................. 2,190,000 15,770,000
2023.............................. 2,290,000 18,060,000
2024.............................. 2,400,000 20,460,000
------------------------------------------------------------------------
The rates include a true-up of the capacity and energy rates based
on the variance of the actual cumulative net revenue available for
repayment from the planned cumulative net revenue available for
repayment in the table above. For every $100,000 under-recovery of the
planned cumulative net revenue available for repayment, Southeastern
will increase the base capacity charge by $0.02 per kilowatt per month,
up to a maximum of $0.75 per kilowatt per month, and increase the base
energy charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be implemented April 1 of the next
fiscal year. For every $100,000 of over-recovery of the planned
cumulative net revenue available for repayment, Southeastern will
reduce the base capacity charge by $0.02 per kilowatt per month, up to
a maximum of $0.75 per kilowatt per month, and reduce the base energy
charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0 mills
per kilowatt per hour, to be implemented April 1 of the next fiscal
year. Southeastern will give written notice to the customers of the
amount of the true-up to the capacity and energy rates by February 1 of
the next fiscal year.
Additional rates for transmission and ancillary services provided
under this rate schedule shall be the rates charged Southeastern Power
Administration by the Company. Future adjustments to these rates will
become effective upon acceptance for filing by the Federal Energy
Regulatory Commission (FERC) of the Company's rate.
Transmission:
$1.546 per kilowatt of total contract demand per month as of April
2015, is presented for illustrative purposes.
The initial transmission charge will be the Customer's ratable
share of the transmission and distribution charges paid by the
Government. The rate is subject to periodic adjustment and will be
computed in accordance with the terms of the Government-Company
contract.
Proceedings before FERC involving the Company's Open Access
Transmission Tariff (OATT) or the distribution charge may result in the
separation of charges currently included in the transmission rate. In
this event, the Government may charge the Customer for any and all
separate transmission and distribution charges paid by the Government
in behalf of the Customer. These charges could be recovered through a
capacity charge or an energy charge, as determined by the Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract demand per month, as an
estimated cost as of April 2015.
The tandem transmission charge will recover the cost of
transmitting power from a project to the border of another transmitting
system. This rate will be a formulary rate based on the cost to the
Government for transmission of power from the Philpott project to the
border of the Virginia Electric and Power Company System and the cost
to the Government for transmission of power from the John H. Kerr
Project to the border of the Duke Energy Progress System. These charges
could be recovered through a capacity charge or an energy charge, as
determined by the Government.
Transmission and Ancillary Services:
The charges for transmission and ancillary services shall be
governed by and subject to refund based upon the determination in the
proceeding involving the Company's or PJM's OATT.
Contract Demand:
The contract demand is the amount of capacity in kilowatts stated
in the contract which the Government is obligated to supply and the
Customer is entitled to receive.
Energy to be Furnished by the Government:
The Government will sell to the Customer and the Customer will
purchase from the Government energy each billing month equivalent to a
percentage specified by contract of the energy made available to the
Company (less applicable losses). The Customer's contract demand and
accompanying energy will be allocated proportionately to its individual
delivery points served from the Company's system. The applicable energy
loss factor for transmission, in accordance with the Government-Company
contract, is six (6) per cent. This loss factor will be governed by the
terms of the Government-Company contract.
Billing Month:
The billing month for power sold under this schedule shall end at
12:00 midnight on the last day of each calendar month.
[[Page 57361]]
Wholesale Power Rate Schedule DEP-2-C
Availability:
This rate schedule shall be available to public bodies and
cooperatives (any one of whom is hereinafter called the Customer) in
North Carolina and South Carolina to whom power may be transmitted
pursuant to contracts between the Government and Duke Energy Progress
(formerly known as Carolina Power & Light Company and hereinafter
called the Company) and the Customer. The Customer has chosen to self-
schedule and does not receive Government power under an arrangement
where the Company schedules the power and provides a credit on the
Customer's bill for Government power. The Customer is responsible for
providing a scheduling arrangement with the Government. The Government
is responsible for arranging transmission with the Company. Nothing in
this rate schedule shall preclude modifications to the aforementioned
contracts to allow an eligible customer to elect service under another
rate schedule.
Applicability:
This rate schedule shall be applicable to the sale at wholesale of
power and accompanying energy generated at the John H. Kerr and
Philpott Projects and sold under appropriate contracts between the
Government and the Customer.
Character of Service:
The electric capacity and energy supplied hereunder will be
delivered at the delivery points of the Customer on the Company's
transmission and distribution system.
Monthly Rate:
The initial base monthly rate for capacity, energy, and generation
services provided under this rate schedule for the period specified
shall be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment study that projects that the
Kerr-Philpott System will produce the following net revenue available
for repayment by fiscal year and cumulative net revenue available for
repayment by fiscal year:
------------------------------------------------------------------------
Estimated annual
net revenue Cumulative net
Fiscal year available for revenue available
repayment for repayment
------------------------------------------------------------------------
2015.............................. $490,000 $490,000
2016.............................. 2,730,000 3,220,000
2017.............................. 2,420,000 5,640,000
2018.............................. 1,910,000 7,550,000
2019.............................. 1,910,000 9,460,000
2020.............................. 2,010,000 11,470,000
2021.............................. 2,110,000 13,580,000
2022.............................. 2,190,000 15,770,000
2023.............................. 2,290,000 18,060,000
2024.............................. 2,400,000 20,460,000
------------------------------------------------------------------------
The rates include a true-up of the capacity and energy rates based
on the variance of the actual cumulative net revenue available for
repayment from the planned cumulative net revenue available for
repayment in the table above. For every $100,000 under-recovery of the
planned cumulative net revenue available for repayment, Southeastern
will increase the base capacity charge by $0.02 per kilowatt per month,
up to a maximum of $0.75 per kilowatt per month, and increase the base
energy charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be implemented April 1 of the next
fiscal year. For every $100,000 of over-recovery of the planned
cumulative net revenue available for repayment, Southeastern will
reduce the base capacity charge by $0.02 per kilowatt per month, up to
a maximum of $0.75 per kilowatt per month, and reduce the base energy
charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0 mills
per kilowatt per hour, to be implemented April 1 of the next fiscal
year. Southeastern will give written notice to the customers of the
amount of the true-up to the capacity and energy rates by February 1 of
the next fiscal year.
Additional rates for transmission and ancillary services provided
under this rate schedule shall be the rates charged Southeastern Power
Administration by the Company. Future adjustments to these rates will
become effective upon acceptance for filing by the Federal Energy
Regulatory Commission (FERC) of the Company's rate.
Transmission:
$1.546 per kilowatt of total contract demand per month as of April
2015, is presented for illustrative purposes.
The initial transmission charge will be the Customer's ratable
share of the transmission and distribution charges paid by the
Government. The rate is subject to periodic adjustment and will be
computed in accordance with the terms of the Government-Company
contract.
Proceedings before FERC involving the Company's Open Access
Transmission Tariff (OATT) or the distribution charge may result in the
separation of charges currently included in the transmission rate. In
this event, the Government may charge the Customer for any and all
separate transmission and distribution charges paid by the Government
in behalf of the Customer. These charges could be recovered through a
capacity charge or an energy charge, as determined by the Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract demand per month, as an
estimated cost as of April 2015.
The tandem transmission charge will recover the cost of
transmitting power from a project to the border of another transmitting
system. This rate will be a formulary rate based on the cost to the
Government for transmission of power from the Philpott project to the
border of the Virginia Electric and Power Company System and the cost
to the Government for transmission of power from the John H. Kerr
Project to the border of the Duke Energy Progress System. These charges
could be recovered through a capacity charge or an energy charge, as
determined by the Government.
Transmission and Ancillary Services:
The charges for transmission and ancillary services shall be
governed by and subject to refund based upon the determination in the
proceeding involving the Company's or PJM's OATT.
[[Page 57362]]
Contract Demand:
The contract demand is the amount of capacity in kilowatts stated
in the contract which the Government is obligated to supply and the
Customer is entitled to receive.
Energy to be Furnished by the Government:
The Government will sell to the Customer and the Customer will
purchase from the Government energy each billing month equivalent to a
percentage specified by contract of the energy made available to the
Company (less applicable losses). The Customer's contract demand and
accompanying energy will be allocated proportionately to its individual
delivery points served from the Company's system. The applicable energy
loss factor for transmission, in accordance with the Government-Company
contract, is six (6) per cent. This loss factor will be governed by the
terms of the Government-Company contract.
Billing Month:
The billing month for power sold under this schedule shall end at
12:00 midnight on the last day of each calendar month.
Wholesale Power Rate Schedule DEP-3-C
Availability:
This rate schedule shall be available to public bodies and
cooperatives (any one of whom is hereinafter called the Customer) in
North Carolina and South Carolina to whom power may be scheduled
pursuant to contracts between the Government and Duke Energy Progress
(formerly known as Carolina Power & Light Company and hereinafter
called the Company) and the Customer. The Government is responsible for
providing the scheduling. The Customer is responsible for providing a
transmission arrangement. Nothing in this rate schedule shall preclude
modifications to the aforementioned contracts to allow an eligible
customer to elect service under another rate schedule.
Applicability:
This rate schedule shall be applicable to the sale at wholesale of
power and accompanying energy generated at the John H. Kerr and
Philpott Projects (hereinafter called the Projects) and sold under
appropriate contracts between the Government and the Customer.
Character of Service:
The electric capacity and energy supplied hereunder will be
delivered at the Projects.
Monthly Rate:
The initial base monthly rate for capacity, energy, and generation
services provided under this rate schedule for the period specified
shall be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment study that projects that the
Kerr-Philpott System will produce the following net revenue available
for repayment by fiscal year and cumulative net revenue available for
repayment by fiscal year:
------------------------------------------------------------------------
Estimated annual
net revenue Cumulative net
Fiscal year available for revenue available
repayment for repayment
------------------------------------------------------------------------
2015.............................. $490,000 $490,000
2016.............................. 2,730,000 3,220,000
2017.............................. 2,420,000 5,640,000
2018.............................. 1,910,000 7,550,000
2019.............................. 1,910,000 9,460,000
2020.............................. 2,010,000 11,470,000
2021.............................. 2,110,000 13,580,000
2022.............................. 2,190,000 15,770,000
2023.............................. 2,290,000 18,060,000
2024.............................. 2,400,000 20,460,000
------------------------------------------------------------------------
The rates include a true-up of the capacity and energy rates based
on the variance of the actual cumulative net revenue available for
repayment from the planned cumulative net revenue available for
repayment in the table above. For every $100,000 under-recovery of the
planned cumulative net revenue available for repayment, Southeastern
will increase the base capacity charge by $0.02 per kilowatt per month,
up to a maximum of $0.75 per kilowatt per month, and increase the base
energy charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be implemented April 1 of the next
fiscal year. For every $100,000 of over-recovery of the planned
cumulative net revenue available for repayment, Southeastern will
reduce the base capacity charge by $0.02 per kilowatt per month, up to
a maximum of $0.75 per kilowatt per month, and reduce the base energy
charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0 mills
per kilowatt per hour, to be implemented April 1 of the next fiscal
year. Southeastern will give written notice to the customers of the
amount of the true-up to the capacity and energy rates by February 1 of
the next fiscal year.
Additional rates for transmission and ancillary services provided
under this rate schedule shall be the rates charged Southeastern Power
Administration by the Company. Future adjustments to these rates will
become effective upon acceptance for filing by the Federal Energy
Regulatory Commission (FERC) of the Company's rate.
Proceedings before FERC involving the Company's Open Access
Transmission Tariff (OATT) or the distribution charge may result in the
separation of charges currently included in the transmission rate. In
this event, the Government may charge the Customer for any and all
separate transmission and distribution charges paid by the Government
in behalf of the Customer.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract demand per month, as an
estimated cost as of April 2015.
The tandem transmission charge will recover the cost of
transmitting power from a project to the border of another transmitting
system. This rate will be a formulary rate based on the cost to the
Government for transmission of power from the Philpott project to the
border of the Virginia Electric and Power Company System and the cost
to the Government for transmission of power from the John H. Kerr
Project to the border of the Duke Energy Progress System. These charges
could be recovered through a capacity charge or
[[Page 57363]]
an energy charge, as determined by the Government.
Transmission and Ancillary Services:
The charges for transmission and ancillary services shall be
governed by and subject to refund based upon the determination in the
proceeding involving the Company's or PJM's OATT.
Contract Demand:
The contract demand is the amount of capacity in kilowatts stated
in the contract which the Government is obligated to supply and the
Customer is entitled to receive.
Energy to be Furnished by the Government:
The Government will sell to the Customer and the Customer will
purchase from the Government energy each billing month equivalent to a
percentage specified by contract of the energy made available to the
Company (less applicable losses). The Customer's contract demand and
accompanying energy will be allocated proportionately to its individual
delivery points served from the Company's system. The applicable energy
loss factor for transmission, in accordance with the Government-Company
contract, is six (6) per cent. This loss factor will be governed by the
terms of the Government-Company contract.
Billing Month:
The billing month for power sold under this schedule shall end at
12:00 midnight on the last day of each calendar month.
Wholesale Power Rate Schedule DEP-4-C
Availability:
This rate schedule shall be available to public bodies and
cooperatives (any one of whom is hereinafter called the Customer) in
North Carolina and South Carolina served through the transmission
facilities of Duke Energy Progress (formerly known as Carolina Power &
Light Company and hereinafter called the Company). The Customer has
chosen to self-schedule and does not receive Government power under an
arrangement where the Company schedules the power and provides a credit
on the Customer's bill for Government power. The Customer is
responsible for providing a scheduling arrangement with the Government
and for providing a transmission arrangement. Nothing in this rate
schedule shall preclude modifications to the aforementioned contracts
to allow an eligible customer to elect service under another rate
schedule.
Applicability:
This rate schedule shall be applicable to the sale at wholesale of
power and accompanying energy generated at the John H. Kerr and
Philpott Projects (hereinafter called the Projects) and sold under
appropriate contracts between the Government and the Customer.
Character of Service:
The electric capacity and energy supplied hereunder will be
delivered at the Projects.
Monthly Rate:
The initial base monthly rate for capacity, energy, and generation
services provided under this rate schedule for the period specified
shall be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment study that projects that the
Kerr-Philpott System will produce the following net revenue available
for repayment by fiscal year and cumulative net revenue available for
repayment by fiscal year:
------------------------------------------------------------------------
Estimated annual
net revenue Cumulative net
Fiscal year available for revenue available
repayment for repayment
------------------------------------------------------------------------
2015.............................. $490,000 $490,000
2016.............................. 2,730,000 3,220,000
2017.............................. 2,420,000 5,640,000
2018.............................. 1,910,000 7,550,000
2019.............................. 1,910,000 9,460,000
2020.............................. 2,010,000 11,470,000
2021.............................. 2,110,000 13,580,000
2022.............................. 2,190,000 15,770,000
2023.............................. 2,290,000 18,060,000
2024.............................. 2,400,000 20,460,000
------------------------------------------------------------------------
The rates include a true-up of the capacity and energy rates based
on the variance of the actual cumulative net revenue available for
repayment from the planned cumulative net revenue available for
repayment in the table above. For every $100,000 under-recovery of the
planned cumulative net revenue available for repayment, Southeastern
will increase the base capacity charge by $0.02 per kilowatt per month,
up to a maximum of $0.75 per kilowatt per month, and increase the base
energy charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be implemented April 1 of the next
fiscal year. For every $100,000 of over-recovery of the planned
cumulative net revenue available for repayment, Southeastern will
reduce the base capacity charge by $0.02 per kilowatt per month, up to
a maximum of $0.75 per kilowatt per month, and reduce the base energy
charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0 mills
per kilowatt per hour, to be implemented April 1 of the next fiscal
year. Southeastern will give written notice to the customers of the
amount of the true-up to the capacity and energy rates by February 1 of
the next fiscal year.
Additional rates for transmission and ancillary services provided
under this rate schedule shall be the rates charged Southeastern Power
Administration by the Company. Future adjustments to these rates will
become effective upon acceptance for filing by the Federal Energy
Regulatory Commission (FERC) of the Company's rate.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract demand per month, as an
estimated cost as of April 2015.
The tandem transmission charge will recover the cost of
transmitting power from a project to the border of another transmitting
system. This rate will be a formulary rate based on the cost to the
Government for transmission of power from the Philpott project to the
border of the Virginia Electric and Power Company System and the cost
to the Government for transmission of power from the John H. Kerr
Project to the border of the Duke Energy Progress System. These charges
could be recovered through a capacity charge or
[[Page 57364]]
an energy charge, as determined by the Government.
Transmission and Ancillary Services:
The charges for transmission and ancillary services shall be
governed by and subject to refund based upon the determination in the
proceeding involving the Company's or PJM's OATT.
Contract Demand:
The contract demand is the amount of capacity in kilowatts stated
in the contract which the Government is obligated to supply and the
Customer is entitled to receive.
Energy to be Furnished by the Government:
The Government will sell to the Customer and the Customer will
purchase from the Government energy each billing month equivalent to a
percentage specified by contract of the energy made available to the
Company (less applicable losses). The Customer's contract demand and
accompanying energy will be allocated proportionately to its individual
delivery points served from the Company's system. The applicable energy
loss factor for transmission, in accordance with the Government-Company
contract, is six (6) per cent. This loss factor will be governed by the
terms of the Government-Company contract.
Billing Month:
The billing month for power sold under this schedule shall end at
12:00 midnight on the last day of each calendar month.
Wholesale Power Rate Schedule AP-1-C
Availability:
This rate schedule shall be available to public bodies and
cooperatives (any one of whom is hereinafter called the Customer) in
Virginia to whom power may be transmitted and scheduled pursuant to
contracts between the Government, American Electric Power Service
Corporation (hereinafter called the Company), the Company's
Transmission Operator, currently PJM Interconnection LLC (hereinafter
called PJM), and the Customer. This rate schedule is applicable to
customers receiving power from the Government on an arrangement where
the Company schedules the power and provides the Customer a credit on
their bill for Government power. Nothing in this rate schedule shall
preclude modifications to the aforementioned contracts to allow an
eligible customer to elect service under another rate schedule.
Applicability:
This rate schedule shall be applicable to the sale at wholesale of
power and accompanying energy generated at the John H. Kerr and
Philpott Projects and sold under appropriate contracts between the
Government and the Customer.
Character of Service:
The electric capacity and energy supplied hereunder will be
delivered at the delivery points of the Customer on the Company's
transmission and distribution system.
Monthly Rate:
The initial base monthly rate for capacity, energy, and generation
services provided under this rate schedule for the period specified
shall be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment study that projects that the
Kerr-Philpott System will produce the following net revenue available
for repayment by fiscal year and cumulative net revenue available for
repayment by fiscal year:
------------------------------------------------------------------------
Estimated annual
net revenue Cumulative net
Fiscal year available for revenue available
repayment for repayment
------------------------------------------------------------------------
2015.............................. $490,000 $490,000
2016.............................. 2,730,000 3,220,000
2017.............................. 2,420,000 5,640,000
2018.............................. 1,910,000 7,550,000
2019.............................. 1,910,000 9,460,000
2020.............................. 2,010,000 11,470,000
2021.............................. 2,110,000 13,580,000
2022.............................. 2,190,000 15,770,000
2023.............................. 2,290,000 18,060,000
2024.............................. 2,400,000 20,460,000
------------------------------------------------------------------------
The rates include a true-up of the capacity and energy rates based
on the variance of the actual cumulative net revenue available for
repayment from the planned cumulative net revenue available for
repayment in the table above. For every $100,000 under-recovery of the
planned cumulative net revenue available for repayment, Southeastern
will increase the base capacity charge by $0.02 per kilowatt per month,
up to a maximum of $0.75 per kilowatt per month, and increase the base
energy charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be implemented April 1 of the next
fiscal year. For every $100,000 of over-recovery of the planned
cumulative net revenue available for repayment, Southeastern will
reduce the base capacity charge by $0.02 per kilowatt per month, up to
a maximum of $0.75 per kilowatt per month, and reduce the base energy
charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0 mills
per kilowatt per hour, to be implemented April 1 of the next fiscal
year. Southeastern will give written notice to the customers of the
amount of the true-up to the capacity and energy rates by February 1 of
the next fiscal year.
Additional rates for transmission and ancillary services provided
under this rate schedule shall be the rates charged Southeastern Power
Administration by the Company. Future adjustments to these rates will
become effective upon acceptance for filing by the Federal Energy
Regulatory Commission (FERC) of the Company's rate.
Transmission:
$0.775 per kilowatt of total contract demand per month estimated as
of April 2015, is a presented for illustrative purposes.
Ancillary Services:
0.34 mills per kilowatt-hour of energy estimated as of April 2015,
is presented for illustrative purposes.
The initial charge for transmission and Ancillary Services will be
the Customer's ratable share of the charges for transmission,
distribution, and ancillary services paid by the Government. The
charges for transmission and ancillary services are
[[Page 57365]]
governed by and subject to refund based upon the determination in
proceedings before the FERC involving the Company's or PJM's Open
Access Transmission Tariff (OATT).
Proceedings before FERC involving the OATT or the Distribution
charge may result in the separation of charges currently included in
the transmission rate. In this event, the Government may charge the
Customer for any and all separate transmission, ancillary services, and
distribution charges paid by the Government in behalf of the Customer.
These charges could be recovered through a capacity charge or an energy
charge, as determined by the Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract demand per month, as an
estimated cost as of April 2015.
The tandem transmission charge will recover the cost of
transmitting power from a project to the border of another transmitting
system. This rate will be a formulary rate based on the cost to the
Government for transmission of power from the Philpott project to the
border of the Virginia Electric and Power Company System and the cost
to the Government for transmission of power from the John H. Kerr
Project to the border of the Duke Energy Progress System. These charges
could be recovered through a capacity charge or an energy charge, as
determined by the Government.
Transmission and Ancillary Services:
The charges for transmission and ancillary services shall be
governed by and subject to refund based upon the determination in the
proceeding involving the Company's or PJM's OATT.
Capacity Performance Non-Performance Charge:
Requirements of the PJM capacity performance market may lead to
non-performance charges to Southeastern. These non-performance charges,
if incurred, will be allocated to the capacity delivered in PJM
(currently 120,100 kilowatts).
Contract Demand:
The contract demand is the amount of capacity in kilowatts stated
in the contract which the Government is obligated to supply and the
Customer is entitled to receive.
Energy to be Furnished by the Government:
The Government will sell to the Customer and the Customer will
purchase from the Government energy each billing month equivalent to a
percentage specified by contract of the energy made available to the
Company (less applicable losses). The Customer's contract demand and
accompanying energy will be allocated proportionately to its individual
delivery points served from the Company's system. The applicable energy
loss factor for transmission is specified in the OATT.
These losses shall be effective until modified by the FERC,
pursuant to application by the Company or PJM under Section 205 of the
Federal Power Act or Southeastern Power Administration under Section
206 of the Federal Power Act or otherwise.
Billing Month:
The billing month for power sold under this schedule shall end at
12:00 midnight on the last day of each calendar month.
Wholesale Power Rate Schedule AP-2-C
Availability:
This rate schedule shall be available to public bodies and
cooperatives (any one of whom is hereinafter called the Customer) in
Virginia to whom power may be transmitted pursuant to contracts between
the Government, American Electric Power Service Corporation
(hereinafter called the Company), the Company's Transmission Operator,
currently PJM Interconnection LLC (hereinafter called PJM), and the
Customer. The Customer has chosen to self-schedule and does not receive
Government power under an arrangement where the Company schedules the
power and provides a credit on the Customer's bill for Government
power. The Customer is responsible for providing a scheduling
arrangement with the Government. The Government is responsible for
arranging transmission with the Company. Nothing in this rate schedule
shall preclude modifications to the aforementioned contracts to allow
an eligible customer to elect service under another rate schedule.
Applicability:
This rate schedule shall be applicable to the sale at wholesale of
power and accompanying energy generated at the John H. Kerr and
Philpott Projects and sold under appropriate contracts between the
Government and the Customer.
Character of Service:
The electric capacity and energy supplied hereunder will be
delivered at the delivery points of the Customer on the Company's
transmission and distribution system.
Monthly Rate:
The initial base monthly rate for capacity, energy, and generation
services provided under this rate schedule for the period specified
shall be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment study that projects that the
Kerr-Philpott System will produce the following net revenue available
for repayment by fiscal year and cumulative net revenue available for
repayment by fiscal year:
------------------------------------------------------------------------
Estimated annual
net revenue Cumulative net
Fiscal year available for revenue available
repayment for repayment
------------------------------------------------------------------------
2015.............................. $490,000 $490,000
2016.............................. 2,730,000 3,220,000
2017.............................. 2,420,000 5,640,000
2018.............................. 1,910,000 7,550,000
2019.............................. 1,910,000 9,460,000
2020.............................. 2,010,000 11,470,000
2021.............................. 2,110,000 13,580,000
2022.............................. 2,190,000 15,770,000
2023.............................. 2,290,000 18,060,000
2024.............................. 2,400,000 20,460,000
------------------------------------------------------------------------
The rates include a true-up of the capacity and energy rates based
on the variance of the actual cumulative net revenue available for
repayment from the planned cumulative net revenue available for
repayment in the table
[[Page 57366]]
above. For every $100,000 under-recovery of the planned cumulative net
revenue available for repayment, Southeastern will increase the base
capacity charge by $0.02 per kilowatt per month, up to a maximum of
$0.75 per kilowatt per month, and increase the base energy charge by
0.10 mills per kilowatt-hour, up to a maximum of 3.0 mills per kilowatt
per hour, to be implemented April 1 of the next fiscal year. For every
$100,000 of over-recovery of the planned cumulative net revenue
available for repayment, Southeastern will reduce the base capacity
charge by $0.02 per kilowatt per month, up to a maximum of $0.75 per
kilowatt per month, and reduce the base energy charge by 0.10 mills per
kilowatt-hour, up to a maximum of 3.0 mills per kilowatt per hour, to
be implemented April 1 of the next fiscal year. Southeastern will give
written notice to the customers of the amount of the true-up to the
capacity and energy rates by February 1 of the next fiscal year.
Additional rates for transmission and ancillary services provided
under this rate schedule shall be the rates charged Southeastern Power
Administration by the Company. Future adjustments to these rates will
become effective upon acceptance for filing by the Federal Energy
Regulatory Commission (FERC) of the Company's rate.
Transmission:
$0.775 per kilowatt of total contract demand per month estimated as
of April 2015, is presented for illustrative purposes.
Ancillary Services:
0.34 mills per kilowatt-hour of energy estimated as of April 2015,
is presented for illustrative purposes.
The initial charge for transmission and Ancillary Services will be
the Customer's ratable share of the charges for transmission,
distribution, and ancillary services paid by the Government. The
charges for transmission and ancillary services are governed by and
subject to refund based upon the determination in proceedings before
the FERC involving the Company's or PJM's Open Access Transmission
Tariff (OATT).
Proceedings before FERC involving the OATT or the Distribution
charge may result in the separation of charges currently included in
the transmission rate. In this event, the Government may charge the
Customer for any and all separate transmission, ancillary services, and
distribution charges paid by the Government in behalf of the Customer.
These charges could be recovered through a capacity charge or an energy
charge, as determined by the Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract demand per month, as an
estimated cost as of April 2015
The tandem transmission charge will recover the cost of
transmitting power from a project to the border of another transmitting
system. This rate will be a formulary rate based on the cost to the
Government for transmission of power from the Philpott project to the
border of the Virginia Electric and Power Company System and the cost
to the Government for transmission of power from the John H. Kerr
Project to the border of the Duke Energy Progress System. These charges
could be recovered through a capacity charge or an energy charge, as
determined by the Government.
Transmission and Ancillary Services:
The charges for transmission and ancillary services shall be
governed by and subject to refund based upon the determination in the
proceeding involving the Company's or PJM's OATT.
Capacity Performance Non-Performance Charges:
Requirements of the PJM capacity performance market may lead to
non-performance charges to Southeastern. These non-performance charges,
if incurred, will be allocated to the capacity delivered in PJM
(currently 120,100 kilowatts).
Contract Demand:
The contract demand is the amount of capacity in kilowatts stated
in the contract which the Government is obligated to supply and the
Customer is entitled to receive.
Energy to be Furnished by the Government:
The Government will sell to the Customer and the Customer will
purchase from the Government energy each billing month equivalent to a
percentage specified by contract of the energy made available to the
Company (less applicable losses). The Customer's contract demand and
accompanying energy will be allocated proportionately to its individual
delivery points served from the Company's system. The applicable energy
loss factor for transmission is specified in the OATT.
These losses shall be effective until modified by the Federal
Energy Regulatory Commission, pursuant to application by American
Electric Power Service Corporation under Section 205 of the Federal
Power Act or Southeastern Power Administration under Section 206 of the
Federal Power Act or otherwise.
Billing Month:
The billing month for power sold under this schedule shall end at
12:00 midnight on the last day of each calendar month.
Wholesale Power Rate Schedule AP-3-C
Availability:
This rate schedule shall be available to public bodies and
cooperatives (any one of whom is hereinafter called the Customer) in
Virginia to whom power may be scheduled pursuant to contracts between
the Government, American Electric Power Service Corporation
(hereinafter called the Company), PJM Interconnection LLC (hereinafter
called PJM), and the Customer. The Government is responsible for
providing the scheduling. The Customer is responsible for providing a
transmission arrangement. Nothing in this rate schedule shall preclude
modifications to the aforementioned contracts to allow an eligible
customer to elect service under another rate schedule.
Applicability:
This rate schedule shall be applicable to the sale at wholesale of
power and accompanying energy generated at the John H. Kerr and
Philpott Projects (hereinafter called the Projects) and sold under
appropriate contracts between the Government and the Customer.
Character of Service:
The electric capacity and energy supplied hereunder will be
delivered at the Projects.
Monthly Rate:
The initial base monthly rate for capacity, energy, and generation
services provided under this rate schedule for the period specified
shall be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment study that projects that the
Kerr-Philpott System will produce the following net revenue available
for repayment by fiscal year and cumulative net revenue available for
repayment by fiscal year:
[[Page 57367]]
------------------------------------------------------------------------
Estimated annual
net revenue Cumulative net
Fiscal year available for revenue available
repayment for repayment
------------------------------------------------------------------------
2015.............................. $490,000 $490,000
2016.............................. 2,730,000 3,220,000
2017.............................. 2,420,000 5,640,000
2018.............................. 1,910,000 7,550,000
2019.............................. 1,910,000 9,460,000
2020.............................. 2,010,000 11,470,000
2021.............................. 2,110,000 13,580,000
2022.............................. 2,190,000 15,770,000
2023.............................. 2,290,000 18,060,000
2024.............................. 2,400,000 20,460,000
------------------------------------------------------------------------
The rates include a true-up of the capacity and energy rates based
on the variance of the actual cumulative net revenue available for
repayment from the planned cumulative net revenue available for
repayment in the table above. For every $100,000 under-recovery of the
planned cumulative net revenue available for repayment, Southeastern
will increase the base capacity charge by $0.02 per kilowatt per month,
up to a maximum of $0.75 per kilowatt per month, and increase the base
energy charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be implemented April 1 of the next
fiscal year. For every $100,000 of over-recovery of the planned
cumulative net revenue available for repayment, Southeastern will
reduce the base capacity charge by $0.02 per kilowatt per month, up to
a maximum of $0.75 per kilowatt per month, and reduce the base energy
charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0 mills
per kilowatt per hour, to be implemented April 1 of the next fiscal
year. Southeastern will give written notice to the customers of the
amount of the true-up to the capacity and energy rates by February 1 of
the next fiscal year.
Additional rates for transmission and ancillary services provided
under this rate schedule shall be the rates charged Southeastern Power
Administration by the Company. Future adjustments to these rates will
become effective upon acceptance for filing by the Federal Energy
Regulatory Commission (FERC) of the Company's rate.
Ancillary Services:
0.34 mills per kilowatt-hour of energy estimated as of April 2015,
is presented for illustrative purposes.
The initial charge for transmission and Ancillary Services will be
the Customer's ratable share of the charges for transmission,
distribution, and ancillary services paid by the Government. The
charges for transmission and ancillary services are governed by and
subject to refund based upon the determination in proceedings before
the FERC involving the Company's or PJM's Open Access Transmission
Tariff (OATT).
Proceedings before FERC involving the OATT or the Distribution
charge may result in the separation of charges currently included in
the transmission rate. In this event, the Government may charge the
Customer for any and all separate transmission, ancillary services, and
distribution charges paid by the Government in behalf of the Customer.
These charges could be recovered through a capacity charge or an energy
charge, as determined by the Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract demand per month, as an
estimated cost as of April 2015.
The tandem transmission charge will recover the cost of
transmitting power from a project to the border of another transmitting
system. This rate will be a formulary rate based on the cost to the
Government for transmission of power from the Philpott project to the
border of the Virginia Electric and Power Company System and the cost
to the Government for transmission of power from the John H. Kerr
Project to the border of the Duke Energy Progress System. These charges
could be recovered through a capacity charge or an energy charge, as
determined by the Government.
Transmission and Ancillary Services:
The charges for transmission and ancillary services shall be
governed by and subject to refund based upon the determination in the
proceeding involving the Company's or PJM's OATT.
Capacity Performance Non-Performance Charges:
Requirements of the PJM capacity performance market may lead to
non-performance charges to Southeastern. These non-performance charges,
if incurred, will be allocated to the capacity delivered in PJM
(currently 120,100 kilowatts).
Contract Demand:
The contract demand is the amount of capacity in kilowatts stated
in the contract which the Government is obligated to supply and the
Customer is entitled to receive.
Energy to be Furnished by the Government:
The Government will sell to the Customer and the Customer will
purchase from the Government energy each billing month equivalent to a
percentage specified by contract of the energy made available to the
Company (less applicable losses). The Customer's contract demand and
accompanying energy will be allocated proportionately to its individual
delivery points served from the Company's system. The applicable energy
loss factor for transmission is specified in the OATT.
These losses shall be effective until modified by the FERC,
pursuant to application by the Company or PJM under Section 205 of the
Federal Power Act or Southeastern Power Administration under Section
206 of the Federal Power Act or otherwise.
Billing Month:
The billing month for power sold under this schedule shall end at
12:00 midnight on the last day of each calendar month.
Wholesale Power Rate Schedule AP-4-C
Availability:
This rate schedule shall be available to public bodies and
cooperatives (any one of whom is hereinafter called the Customer) in
Virginia served through the facilities of American Electric Power
Service Corporation (hereinafter called the Company) and PJM
Interconnection LLC (hereinafter called PJM). The Customer has chosen
to self-schedule and does not receive Government power under an
arrangement where the Company schedules the power and provides a credit
on the Customer's bill for Government power. The Customer is
[[Page 57368]]
responsible for providing a scheduling arrangement with the Government
and for providing a transmission arrangement. Nothing in this rate
schedule shall preclude modifications to the aforementioned contracts
to allow an eligible customer to elect service under another rate
schedule.
Applicability:
This rate schedule shall be applicable to the sale at wholesale of
power and accompanying energy generated at the John H. Kerr and
Philpott Projects (hereinafter called the Projects) and sold under
appropriate contracts between the Government and the Customer.
Character of Service:
The electric capacity and energy supplied hereunder will be
delivered at the Projects.
Monthly Rate:
The initial base monthly rate for capacity, energy, and generation
services provided under this rate schedule for the period specified
shall be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment study that projects that the
Kerr-Philpott System will produce the following net revenue available
for repayment by fiscal year and cumulative net revenue available for
repayment by fiscal year:
------------------------------------------------------------------------
Estimated annual
net revenue Cumulative net
Fiscal year available for revenue available
repayment for repayment
------------------------------------------------------------------------
2015.............................. $490,000 $490,000
2016.............................. 2,730,000 3,220,000
2017.............................. 2,420,000 5,640,000
2018.............................. 1,910,000 7,550,000
2019.............................. 1,910,000 9,460,000
2020.............................. 2,010,000 11,470,000
2021.............................. 2,110,000 13,580,000
2022.............................. 2,190,000 15,770,000
2023.............................. 2,290,000 18,060,000
2024.............................. 2,400,000 20,460,000
------------------------------------------------------------------------
The rates include a true-up of the capacity and energy rates based
on the variance of the actual cumulative net revenue available for
repayment from the planned cumulative net revenue available for
repayment in the table above. For every $100,000 under-recovery of the
planned cumulative net revenue available for repayment, Southeastern
will increase the base capacity charge by $0.02 per kilowatt per month,
up to a maximum of $0.75 per kilowatt per month, and increase the base
energy charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be implemented April 1 of the next
fiscal year. For every $100,000 of over-recovery of the planned
cumulative net revenue available for repayment, Southeastern will
reduce the base capacity charge by $0.02 per kilowatt per month, up to
a maximum of $0.75 per kilowatt per month, and reduce the base energy
charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0 mills
per kilowatt per hour, to be implemented April 1 of the next fiscal
year. Southeastern will give written notice to the customers of the
amount of the true-up to the capacity and energy rates by February 1 of
the next fiscal year.
Additional rates for Transmission and Ancillary Services provided
under this rate schedule shall be the rates charged Southeastern Power
Administration by the Company. Future adjustments to these rates will
become effective upon acceptance for filing by the Federal Energy
Regulatory Commission (FERC) of the Company's rate.
Ancillary Services:
0.34 mills per kilowatt-hour of energy estimated as of April 2015,
is presented for illustrative purposes.
The initial charge for transmission and Ancillary Services will be
the Customer's ratable share of the charges for transmission,
distribution, and ancillary services paid by the Government. The
charges for transmission and ancillary services are governed by and
subject to refund based upon the determination in proceedings before
the FERC involving the Company's or PJM's Open Access Transmission
Tariff (OATT).
Proceedings before FERC involving the OATT or the Distribution
charge may result in the separation of charges currently included in
the transmission rate. In this event, the Government may charge the
Customer for any and all separate transmission, ancillary services, and
distribution charges paid by the Government in behalf of the Customer.
These charges could be recovered through a capacity charge or an energy
charge, as determined by the Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract demand per month, as an
estimated cost as of April 2015.
The tandem transmission charge will recover the cost of
transmitting power from a project to the border of another transmitting
system. This rate will be a formulary rate based on the cost to the
Government for transmission of power from the Philpott project to the
border of the Virginia Electric and Power Company System and the cost
to the Government for transmission of power from the John H. Kerr
Project to the border of the Duke Energy Progress System. These charges
could be recovered through a capacity charge or an energy charge, as
determined by the Government.
Transmission and Ancillary Services:
The charges for transmission and ancillary services shall be
governed by and subject to refund based upon the determination in the
proceeding involving the Company's or PJM's OATT.
Capacity Performance Non-Performance Charges:
Requirements of the PJM capacity performance market may lead to
non-performance charges to Southeastern. These non-performance charges,
if incurred, will be allocated to the capacity delivered in PJM
(currently 120,100 kilowatts).
Contract Demand:
The contract demand is the amount of capacity in kilowatts stated
in the contract which the Government is obligated to supply and the
Customer is entitled to receive.
Energy to be Furnished by the Government:
The Government will sell to the Customer and the Customer will
[[Page 57369]]
purchase from the Government energy each billing month equivalent to a
percentage specified by contract of the energy made available to the
Company (less applicable losses). The Customer's contract demand and
accompanying energy will be allocated proportionately to its individual
delivery points served from the Company's system. The applicable energy
loss factor for transmission is specified in the OATT.
These losses shall be effective until modified by the Federal
Energy Regulatory Commission, pursuant to application by the Company or
PJM under Section 205 of the Federal Power Act or Southeastern Power
Administration under Section 206 of the Federal Power Act or otherwise.
Billing Month:
The billing month for power sold under this schedule shall end at
12:00 midnight on the last day of each calendar month.
Wholesale Power Rate Schedule NC-1-C
Availability:
This rate schedule shall be available to public bodies and
cooperatives (any one of whom is hereinafter called the Customer) in
Virginia and North Carolina to whom power may be transmitted pursuant
to a contract between the Government and Virginia Electric and Power
Company (hereinafter called the Virginia Power) and PJM Interconnection
LLC (hereinafter called PJM), scheduled pursuant to a contract between
the Government and Duke Energy Progress (formerly known as Carolina
Power & Light and hereinafter called DEP), and billed pursuant to
contracts between the Government and the Customer. Nothing in this rate
schedule shall preclude modifications to the aforementioned contracts
to allow an eligible customer to elect service under another rate
schedule.
Applicability:
This rate schedule shall be applicable to the sale at wholesale of
power and accompanying energy generated at the John H. Kerr and
Philpott Projects and sold under appropriate contracts between the
Government and the Customer.
Character of Service:
The electric capacity and energy supplied hereunder will be
delivered at the delivery points of the Customer on the Virginia
Power's transmission and distribution system.
Monthly Rate:
The initial base monthly rate for capacity, energy, and generation
services provided under this rate schedule for the period specified
shall be:
Initial Base Capacity Charge:
$4.40 per kilowatt of total contract demand per month.
Initial Base Energy Charge:
17.80 mills per kilowatt-hour.
The rates are based on a repayment study that projects that the
Kerr-Philpott System will produce the following net revenue available
for repayment by fiscal year and cumulative net revenue available for
repayment by fiscal year:
------------------------------------------------------------------------
Estimated annual
net revenue Cumulative net
Fiscal year available for revenue available
repayment for repayment
------------------------------------------------------------------------
2015.............................. $490,000 $490,000
2016.............................. 2,730,000 3,220,000
2017.............................. 2,420,000 5,640,000
2018.............................. 1,910,000 7,550,000
2019.............................. 1,910,000 9,460,000
2020.............................. 2,010,000 11,470,000
2021.............................. 2,110,000 13,580,000
2022.............................. 2,190,000 15,770,000
2023.............................. 2,290,000 18,060,000
2024.............................. 2,400,000 20,460,000
------------------------------------------------------------------------
The rates include a true-up of the capacity and energy rates based
on the variance of the actual cumulative net revenue available for
repayment from the planned cumulative net revenue available for
repayment in the table above. For every 100,000 under-recovery of the
planned cumulative net revenue available for repayment, Southeastern
will increase the base capacity charge by $0.02 per kilowatt per month,
up to a maximum of $0.75 per kilowatt per month, and increase the base
energy charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0
mills per kilowatt per hour, to be implemented April 1 of the next
fiscal year. For every $100,000 of over-recovery of the planned
cumulative net revenue available for repayment, Southeastern will
reduce the base capacity charge by $0.02 per kilowatt per month, up to
a maximum of $0.75 per kilowatt per month, and reduce the base energy
charge by 0.10 mills per kilowatt-hour, up to a maximum of 3.0 mills
per kilowatt per hour, to be implemented April 1 of the next fiscal
year. Southeastern will give written notice to the customers of the
amount of the true-up to the capacity and energy rates by February 1 of
the next fiscal year.
Additional rates for transmission and ancillary services provided
under this rate schedule shall be the rates charged Southeastern Power
Administration by the Virginia Power and DEP. Future adjustments to
these rates will become effective upon acceptance for filing by the
Federal Energy Regulatory Commission (FERC) of Virginia Power's or
DEP's rate.
Transmission:
$0.775 per kilowatt of total contract demand per month estimated as
of April 2015, is presented for illustrative purposes.
Ancillary Services:
0.34 mills per kilowatt-hour of energy estimated as of April 2015,
is presented for illustrative purposes.
The initial charge for transmission and Ancillary Services will be
the Customer's ratable share of the charges for transmission,
distribution, and ancillary services paid by the Government. The
charges for transmission and ancillary services are governed by and
subject to refund based upon the determination in proceedings before
the FERC involving the Company's or PJM's Open Access Transmission
Tariff (OATT).
Proceedings before FERC involving the OATT or the Distribution
charge may result in the separation of charges currently included in
the transmission rate. In this event, the Government may charge the
Customer for any and all separate transmission, ancillary services, and
distribution charges paid
[[Page 57370]]
by the Government in behalf of the Customer. These charges could be
recovered through a capacity charge or an energy charge, as determined
by the Government.
Tandem Transmission Charge:
$0.42 per kilowatt of total contract demand per month, as an
estimated cost as of April 2015.
The tandem transmission charge will recover the cost of
transmitting power from a project to the border of another transmitting
system. This rate will be a formulary rate based on the cost to the
Government for transmission of power from the Philpott project to the
border of the Virginia Electric and Power Company System and the cost
to the Government for transmission of power from the John H. Kerr
Project to the border of the Duke Energy Progress System. These charges
could be recovered through a capacity charge or an energy charge, as
determined by the Government.
Transmission and Ancillary Services:
The charges for transmission and ancillary services shall be
governed by and subject to refund based upon the determination in the
proceeding involving the Virginian Power or PJM's OATT.
Transmission, System Control, Reactive, and Regulation Services:
The charges for transmission and ancillary services shall be
governed by and subject to refund based upon the determination in the
proceeding involving Virginia Power's, DEP's, or PJM's OATT.
Contract Demand:
The contract demand is the amount of capacity in kilowatts stated
in the contract which the Government is obligated to supply and the
Customer is entitled to receive.
Energy to be Furnished by the Government:
The Government will sell to the Customer and the Customer will
purchase from the Government energy each billing month equivalent to a
percentage specified by contract of the energy made available to
Virginia Power (less applicable losses). The Customer's contract demand
and accompanying energy will be allocated proportionately to its
individual delivery points served from the Virginia Power's system. The
applicable energy loss factor for transmission is specified in the
OATT.
These losses shall be effective until modified by the FERC,
pursuant to application by the Company or PJM under Section 205 of the
Federal Power Act or Southeastern Power Administration under Section
206 of the Federal Power Act or otherwise.
Billing Month:
The billing month for power sold under this schedule shall end at
12:00 midnight on the last day of each calendar month.
Wholesale Power Rate Schedule Replacement-2-B
Availability:
This rate schedule shall be available to public bodies and
cooperatives (any one of whom is hereinafter called the Customer) in
North Carolina and Virginia to whom power is provided pursuant to
contracts between the Government and the customer from the John H. Kerr
and Philpott Projects (or Kerr-Philpott System).
Applicability:
This rate schedule shall be applicable to the sale of wholesale
energy purchased to meet contract minimum energy and sold under
appropriate contracts between the Government and the Customer.
Character of Service:
The energy supplied hereunder will be delivered at the delivery
points provided for under appropriate contracts between the Government
and the Customer.
Monthly Charge:
The customer will pay its ratable share of Southeastern's monthly
cost for replacement energy. The ratable share will be the cost
allocation factor for the customer listed in the table below times
Southeastern's monthly cost for replacement energy purchased for the
Kerr-Philpott System, rounded to the nearest $0.01.
----------------------------------------------------------------------------------------------------------------
Cost
Contract No. 89-00-1501- Customer Capacity Average energy allocation
allocation factor
----------------------------------------------------------------------------------------------------------------
1230............................... Albemarle EMC.............. 2,593 6,950,707 1.565921%
1221............................... B-A-R-C EC................. 3,740 10,060,472 2.266518%
853................................ Brunswick EMC.............. 3,515 10,468,686 2.358485%
854................................ Carteret-Craven EMC........ 2,679 7,978,836 1.797548%
869................................ Carteret-Craven EMC........ 56 42,281 0.009525%
855................................ Central EMC................ 1,239 3,690,100 0.831341%
1220............................... Central Virginia EC........ 7,956 21,534,960 4.851599%
1203............................... City of Bedford............ 1,200 906,166 0.204150%
1204............................... City of Danville........... 5,600 4,228,775 0.952698%
895................................ City of Elizabeth City..... 2,073 1,565,205 0.352624%
1215............................... City of Franklin........... 1,003 754,359 0.169949%
878................................ City of Kinston............ 1,466 1,106,893 0.249371%
880................................ City of Laurinburg......... 415 313,343 0.070593%
881................................ City of Lumberton.......... 895 675,764 0.152242%
1205............................... City of Martinsville....... 1,600 1,208,222 0.272200%
882................................ City of New Bern........... 1,204 909,072 0.204804%
1206............................... City of Radford............ 1,300 981,575 0.221138%
885................................ City of Rocky Mount........ 2,538 1,916,300 0.431722%
1208............................... City of Salem.............. 2,200 1,661,127 0.374234%
892................................ City of Washington......... 2,703 2,040,882 0.459789%
889................................ City of Wilson............. 2,950 2,227,377 0.501805%
1222............................... Community EC............... 4,230 11,394,466 2.567053%
1211............................... Craig-Botetourt EC......... 1,692 4,575,816 1.030883%
1231............................... Edgecombe-Martin County EMC 4,155 11,275,547 2.540262%
875................................ Fayetteville Public Works 5,431 4,100,640 0.923831%
Commission.
856................................ Four County EMC............ 4,198 12,502,857 2.816762%
891................................ Greenville Utilities 7,534 5,688,496 1.281558%
Commission.
857................................ Halifax EMC................ 585 1,742,299 0.392522%
1232............................... Halifax EMC................ 2,021 5,478,308 1.234205%
1216............................... Harrisonburg Electric 2,691 2,050,360 0.461924%
Commission.
858................................ Jones-Onslow EMC........... 5,184 15,439,450 3.478345%
859................................ Lumbee River EMC........... 3,729 11,106,040 2.502074%
[[Page 57371]]
1223............................... Mecklenburg EMC............ 11,344 30,806,162 6.940303%
1224............................... Northern Neck EC........... 3,944 10,572,278 2.381823%
1225............................... Northern Virginia EC....... 3,268 8,875,341 1.999521%
860................................ Pee Dee EMC................ 2,968 8,839,562 1.991460%
861................................ Piedmont EMC............... 1,086 3,234,540 0.728708%
862................................ Pitt & Greene EMC.......... 1,580 4,705,697 1.060144%
1226............................... Prince George EC........... 2,530 6,781,913 1.527893%
863................................ Randolph EMC............... 3,608 10,745,666 2.420885%
1227............................... Rappahannock EC............ 22,427 60,450,624 13.618889%
1233............................... Roanoke EMC................ 5,528 14,904,403 3.357805%
1228............................... Shenandoah Valley EMC...... 9,938 26,943,520 6.070091%
864................................ South River EMC............ 6,119 18,224,150 4.105709%
1229............................... Southside EC............... 14,575 39,381,017 8.872128%
865................................ Tideland EMC............... 680 2,025,236 0.456264%
1234............................... Tideland EMC............... 2,418 6,554,050 1.476558%
870................................ Town of Apex............... 145 109,482 0.024665%
871................................ Town of Ayden.............. 208 157,049 0.035381%
893................................ Town of Belhaven........... 182 137,418 0.030959%
872................................ Town of Benson............. 120 90,605 0.020412%
1212............................... Town of Blackstone......... 389 292,568 0.065912%
873................................ Town of Clayton............ 161 121,562 0.027387%
1213............................... Town of Culpepper.......... 391 297,916 0.067117%
894................................ Town of Edenton............ 775 585,159 0.131830%
1214............................... Town of Elkton............. 171 128,609 0.028974%
1218............................... Town of Enfield............ 259 194,810 0.043889%
874................................ Town of Farmville.......... 237 178,946 0.040315%
876................................ Town of Fremont............ 60 45,303 0.010206%
896................................ Town of Hamilton........... 40 30,202 0.006804%
897................................ Town of Hertford........... 203 153,274 0.034531%
898................................ Town of Hobgood............ 46 34,732 0.007825%
877................................ Town of Hookerton.......... 30 22,651 0.005103%
879................................ Town of La Grange.......... 93 70,219 0.015820%
868................................ Town of Louisburg.......... 857 2,552,452 0.575041%
883................................ Town of Pikeville.......... 40 30,202 0.006804%
884................................ Town of Red Springs........ 117 88,340 0.019902%
1207............................... Town of Richlands.......... 500 377,569 0.085062%
899................................ Town of Robersonville...... 232 175,170 0.039464%
900................................ Town of Scotland Neck...... 304 229,533 0.051711%
886................................ Town of Selma.............. 183 138,173 0.031129%
887................................ Town of Smithfield......... 378 285,407 0.064299%
901................................ Town of Tarboro............ 2,145 1,619,568 0.364872%
888................................ Town of Wake Forest........ 149 112,501 0.025345%
1217............................... Town of Wakefield.......... 106 79,723 0.017961%
1219............................... Town of Windsor............ 331 248,946 0.056085%
866................................ Tri-County EMC............. 3,096 9,220,782 2.077345%
867................................ Wake EMC................... 2,164 6,445,017 1.451994%
----------------------------------------------------------------------------
Total.......................... ........................... 196,500 443,873,428 ..............
----------------------------------------------------------------------------------------------------------------
Energy to be Furnished by the Government:
The Government will sell to the Customer and the Customer will
purchase from the Government energy each billing month equivalent to a
percentage specified by contract of the energy made available to the
Facilitator (less any losses required by the Facilitator). The
customer's contract demand and accompanying energy will be allocated
proportionately to its individual delivery points served from the
Facilitator's system.
Billing Month:
The billing month for power sold under this schedule shall end at
12:00 midnight on the last day of each calendar month.
[FR Doc. 2015-24196 Filed 9-22-15; 8:45 am]
BILLING CODE 6450-01-P
