Boulder Canyon Project-Rate Order No. WAPA-178, 52294-52297 [2017-24496]
Download as PDF
52294
Federal Register / Vol. 82, No. 217 / Monday, November 13, 2017 / Notices
service, persons with Internet access
who will eFile a document and/or be
listed as a contact for an intervenor
must create and validate an
eRegistration account using the
eRegistration link. Select the eFiling
link to log on and submit the
intervention or protests.
Persons unable to file electronically
should submit an original and 5 copies
of the intervention or protest to the
Federal Energy Regulatory Commission,
888 First Street NE., Washington, DC
20426.
The filings in the above-referenced
proceeding are accessible in the
Commission’s eLibrary system by
clicking on the appropriate link in the
above list. They are also available for
electronic review in the Commission’s
Public Reference Room in Washington,
DC. There is an eSubscription link on
the Web site that enables subscribers to
receive email notification when a
document is added to a subscribed
docket(s). For assistance with any FERC
Online service, please email
FERCOnlineSupport@ferc.gov, or call
(866) 208–3676 (toll free). For TTY, call
(202) 502–8659.
Dated: November 3, 2017.
Kimberly D. Bose,
Secretary.
[FR Doc. 2017–24457 Filed 11–9–17; 8:45 am]
BILLING CODE 6717–01–P
DEPARTMENT OF ENERGY
Western Area Power Administration
Boulder Canyon Project-Rate Order
No. WAPA–178
Western Area Power
Administration, DOE.
ACTION: Notice of order concerning
formula rates for electric service and
calculation of the fiscal year 2018 base
charge and rates for the Boulder Canyon
Project.
AGENCY:
The Deputy Secretary of
Energy confirmed and approved Rate
Order No. WAPA–178 and Rate
Schedule BCP–F10, placing formula
rates for electric service from the
Boulder Canyon Project (BCP) of the
Western Area Power Administration
(WAPA) into effect on an interim basis.
The provisional formula rates will
provide sufficient revenue to pay all
annual costs, including interest
expense, and repay required investment
within the allowable periods. The
Deputy Secretary has also confirmed
and approved the fiscal year (FY) 2018
base charge and rates for BCP electric
service.
asabaliauskas on DSKBBXCHB2PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
19:37 Nov 09, 2017
Jkt 244001
Rate Schedule BCP–F10 is
effective as of December 13, 2017, and
will remain in effect through September
30, 2022, pending approval by the
Federal Energy Regulatory Commission
(FERC) on a final basis or until
superseded. The FY 2018 base charge
and rates for BCP are applicable
December 13, 2017, and will remain in
effect through September 30, 2018.
FOR FURTHER INFORMATION CONTACT: Mr.
Ronald E. Moulton, Regional Manager,
Desert Southwest Region, Western Area
Power Administration, P.O. Box 6457,
Phoenix, AZ 85005–6457, (602) 605–
2453, email moulton@wapa.gov or Mr.
Jack Murray, Vice President of Power
Marketing, Desert Southwest Region,
Western Area Power Administration,
P.O. Box 6457, Phoenix, AZ 85005–
6457, (602) 605–2555, email jmurray@
wapa.gov.
SUPPLEMENTARY INFORMATION: Rate
Schedule BCP–F9 under Rate Order No.
WAPA–171 1 was approved for a fiveyear period beginning on October 1,
2015, and ending September 30, 2020.
On June 19, 2017, WAPA proposed to
update the formula rates under Rate
Schedule BCP–F10 and calculate the FY
2018 base charge and rates in a notice
published in the Federal Register on
June 19, 2017 (82 FR 27813). The notice
detailed the proposed formula rates,
initiated a public consultation and
comment period, and set forth the date
and location of public information and
comment forums.
By Delegation Order No. 00–037.00B,
effective November 19, 2016, the
Secretary of Energy delegated: (1) The
authority to develop power and
transmission rates to the Administrator
of WAPA; (2) the authority to confirm,
approve, and place such rates into effect
on an interim basis to the Deputy
Secretary of Energy; and (3) the
authority to confirm, approve, and place
into effect on a final basis, to remand,
or to disapprove such rates to FERC.
Federal rules (10 CFR part 903) govern
Department of Energy procedures for
public participation in power and
transmission rate adjustments.
Under Delegation Order Nos. 00–
037.00B and 00–001.00F and in
compliance with 10 CFR part 903, 10
CFR part 904 and 18 CFR part 300, I
hereby confirm, approve and place Rate
Order No. WAPA–178, which places
formula rates for BCP electric service
into effect on an interim basis, and
calculates the base charge and rates for
FY 2018. Rate Schedule BCP–F10 will
be submitted promptly to FERC for
DATES:
1 Rate Order No. WAPA–171 was approved by
FERC on a final basis on December 11, 2015, in
Docket No. EF15–7–000 (153 FERC ¶ 62,189).
PO 00000
Frm 00031
Fmt 4703
Sfmt 4703
confirmation and approval on a final
basis.
Dated: November 3, 2017.
Dan Brouillette,
Deputy Secretary of Energy.
DEPARTMENT OF ENERGY
DEPUTY SECRETARY
In the matter of: Western Area Power
Administration, Boulder Canyon Project
Rate Adjustment for Electric Service
Rate Order No. WAPA–178
Order Confirming, Approving and Placing
Formula Rates for Electric Service Into
Effect on an Interim Basis and Calculation
of Fiscal Year 2018 Base Charge and Rates
The formula rates set forth in this order are
established pursuant to Section 302 of the
Department of Energy (DOE) Organization
Act (42 U.S.C. 7152). This act transferred to
and vested in the Secretary of Energy the
power marketing functions of the Secretary of
the Interior and the Bureau of Reclamation
(Reclamation) under the Reclamation Act of
1902 (ch. 1093, 32 Stat. 388), as amended and
supplemented by subsequent laws,
particularly section 9(c) of the Reclamation
Project Act of 1939 (43 U.S.C. 485h(c)), and
other acts that specifically apply to the
project involved.
By Delegation Order No. 00–037.00B,
effective November 19, 2016, the Secretary of
Energy delegated: (1) The authority to
develop power and transmission rates to the
Administrator of the Western Area Power
Administration (WAPA); (2) the authority to
confirm, approve, and place such rates into
effect on an interim basis to the Deputy
Secretary of Energy; and (3) the authority to
confirm, approve, and place into effect on a
final basis, to remand, or to disapprove such
rates to the Federal Energy Regulatory
Commission (FERC). Federal rules (10 CFR
part 903) govern DOE procedures for public
participation in power and transmission rate
adjustments.
Acronyms and Definitions
As used in this Rate Order, the
following acronyms and definitions
apply:
Base Charge: The total charge paid by
the contractors for their allocated
contingent capacity and firm energy
based on the annual revenue
requirement. The base charge is
composed of a capacity and an energy
component.
Boulder Canyon Project (BCP): All
works and the real property associated
with such works authorized by the
Boulder Canyon Project Act, as
amended, the Hoover Power Plant Act
of 1984, as amended, and any future
additions authorized by Congress, to be
constructed and owned by the United
States, but exclusive of the main canal
and its related appurtenances
authorized by the Boulder Canyon
Project Act, known as the All-American
Canal.
E:\FR\FM\13NON1.SGM
13NON1
Federal Register / Vol. 82, No. 217 / Monday, November 13, 2017 / Notices
Contractor: Any party that has a fully
executed contract with WAPA for BCP
electric service.
DOE: Department of Energy.
DSW: Desert Southwest Region.
FERC: Federal Energy Regulatory
Commission.
Reclamation: Department of the
Interior, Bureau of Reclamation.
WAPA: Western Area Power
Administration.
Working Capital: Funds advanced by
the contractors to meet BCP cash flow
needs.
Effective Date
Rate Schedule BCP–F10 is effective as
of December 13, 2017, and will remain
in effect through September 30, 2022,
pending approval by FERC on a final
basis or until superseded. The FY 2018
base charge and rates are applicable
December 13, 2017, and will remain in
effect through September 30, 2018.
asabaliauskas on DSKBBXCHB2PROD with NOTICES
Public Notice and Comment
WAPA followed the Procedures for
Public Participation in Power and
Transmission Rate Adjustments and
Extensions (10 CFR parts 903) and
General Regulations for the Charges for
the Sale of Power from the BCP (10 CFR
904), in developing these formula rates
and schedule. WAPA took the following
steps to involve the public in the rate
adjustment process:
1. WAPA published a Federal
Register notice on June 19, 2017 (82 FR
27813), announcing the proposed
formula rates, initiating the 90-day
public consultation and comment
period, setting forth the date and
location of public information and
public comment forums, and outlining
the procedures for public participation.
2. On July 19, 2017, WAPA held a
public information forum in Phoenix,
Arizona. WAPA’s representatives
explained the need for the formula rate
adjustment and proposed changes to the
formula rates, answered questions, and
provided presentation handouts.
3. On August 18, 2017, WAPA held a
public comment forum in Phoenix,
Arizona, to provide contractors and
interested parties an opportunity to
comment for the record.
4. WAPA posts information about this
public process at: https://
www.wapa.gov/regions/DSW/Rates/
Pages/boulder-canyon-rates.aspx.
Comments
WAPA received comments from the
Irrigation & Electrical Districts
Association of Arizona and the Colorado
River Commission during the public
consultation and comment period and
responds to them in the paragraphs that
VerDate Sep<11>2014
18:38 Nov 09, 2017
Jkt 244001
follow. All comments received were
considered in preparing this Rate Order.
The comments have been paraphrased
where appropriate without
compromising their meaning.
Comment: A commenter requested
further explanation of how
Reclamation’s $15 million for working
capital was derived and whether the
increase in working capital over the
prior marketing period was necessary.
The commenter requested steps be taken
to further moderate the impact of
collecting the working capital amount in
the FY 2018 base charge.
Response: The greatest need for
working capital is generally during the
first quarter of a FY when receipts are
not sufficient to cover obligations and
expenditures. Because the working
capital for the new marketing period
will be incrementally funded over 12
billing cycles, the full amount will not
be available until FY 2019. For FY 2018,
the carryover balance from the
marketing period ending September 30,
2017, will be available to cover funding
shortfalls before the full $15 million of
working capital is collected. Because the
carryover balance for the marketing
period ending September 30, 2017, must
be refunded by September 30, 2018,
Reclamation must have the $15 million
in working capital to maintain a positive
cash balance at the end of FY 2018.
Following the public comment forum,
Reclamation reviewed their budgets and
revenue projections for FY 2018. To
moderate the base charge increase,
Reclamation was able to further reduce
its replacement budget by $800,000 and
increased revenue projections for the
Hoover Dam Visitor Center by $3
million. This resulted in a net decrease
to the base charge of $3.8 million.
Comment: A commenter requested
Reclamation’s working capital analysis
and footnotes be updated with the latest
budget figures reflected in the revised
base charge.
Response: The analysis was updated
with the revised budget figures and
posted to WAPA’s Web site provided
above. There was no change to
Reclamation’s working capital needs.
Comment: A commenter thanked all
parties involved for the efforts made to
moderate the impact of Reclamation’s
working capital needs on the in FY 2018
base charge. The commenter encouraged
further efforts as well.
Response: Reclamation and WAPA
were able to collectively moderate the
impact of the working capital collection
by reducing agency budgets by
approximately $4.5 million.
Reclamation and WAPA will continue
to work collaboratively to ensure the
stability of the base charge.
PO 00000
Frm 00032
Fmt 4703
Sfmt 4703
52295
Comment: A commenter thanked
Reclamation and WAPA for their
collaborative efforts to moderate the
impact of the working capital collection
in FY 2018 by billing over a 12-month
period rather than a one-time collection.
The commenter also requested that pre2017 and post-2017 marketing period
balances be accounted for separately,
included the post retirement benefit
(PRB) amounts.
Response: Reclamation and WAPA
are able to separately identify balances
between pre-2017 and post-2017
marketing periods, including PRB
balances.
Background and Provisional Base
Charge and Rates
The Hoover Dam, authorized by the
Boulder Canyon Project Act (45 Stat.
1057, December 21, 1928), sits on the
Colorado River along the ArizonaNevada border. The Hoover Dam’s
power plant has 19 generating units
(two for plant use) and an installed
capacity of 2,078.8 megawatts (4,800
kilowatts for plant use). High-voltage
transmission lines and substations
deliver this power to southern Nevada,
Arizona, and southern California.
The rate-setting process for BCP is
different from most WAPA power
systems. The Boulder Canyon Project
Amended and Restated Implementation
Agreement (BCPIA), executed in 2016
between WAPA, Reclamation, and
contractors, carried forward the rate
methodology used for the marketing
period ending September 30, 2017. This
rate methodology requires contractors to
pay a base charge rather than a unit rate
for power. The base charge is designed
to collect sufficient revenue to cover all
annual costs and to repay investment
obligations within allowable time
periods. Each contractor is billed a base
charge in proportion to their allocation
of power from the Hoover Dam. A unit
rate is calculated for comparative
purposes but is not used to determine
charges for electric service.
Since a new 50-year marketing period
commences on October 1, 2017, WAPA
is updating the formula rates for a fiveyear period and calculating the base
charge and rates for FY 2018.
The revision to Rate Schedule BCP–
F10 is:
Capacity: Shall be equal to the annual
capacity dollars divided by 2,074
megawatt hours. This rate is applied to
unauthorized overruns.
The existing formula used to calculate
the forecast capacity rate was revised
from 1,951 to 2,074 megawatts to reflect
the current generating (nameplate)
capacity for the BCP, as required by the
Hoover Power Allocation Act of 2011.
E:\FR\FM\13NON1.SGM
13NON1
52296
Federal Register / Vol. 82, No. 217 / Monday, November 13, 2017 / Notices
No other changes to the formula rates in
the rate schedule were proposed.
The update to the FY 2018 formula
driven base charge and rates are:
FY 2017
base charge
Base Charge ................................................................................................................................
Composite Rates (mills/kWh) ......................................................................................................
The FY 2018 base charge increased
from $69.6 million in FY 2017 to $76.9
million in FY 2018, a 10.4 percent
increase. The composite rate increased
to 19.98 mills per kilowatt month, a 1.75
percent increase. Although the overall
BCP budget decreased in FY 2018, the
establishment of a working capital fund
for the new 50-year marketing period
caused the FY 2018 base charge to
increase. As part of the BCPIA,
Reclamation is establishing a $15
million working capital fund to cover
short-term liabilities until sufficient
revenues are received. This fund is
particularly important at the beginning
of a fiscal year when project-related
expenses tend to be greater than the
revenue collected. This working capital
fund balance will be reviewed annually
in accordance with the BCPIA.
Certification of Rates
WAPA’s Administrator certified that
the provisional formula rates for BCP
electric service under Rate Schedule
BCP–F10 result in the lowest possible
rates consistent with sound business
principles. The provisional formula
rates were developed following
administrative policies and applicable
laws.
Availability of Information
All brochures, studies, comments,
letters, memorandums and other
documents used by WAPA to develop
the provisional formula rates are
available for inspection and copying at
the Desert Southwest Regional Office,
Western Area Power Administration,
615 South 43rd Avenue, Phoenix,
Arizona. Many of these documents are
also available on WAPA’s Web site:
https://www.wapa.gov/regions/DSW/
Rates/Pages/boulder-canyon-rates.aspx.
asabaliauskas on DSKBBXCHB2PROD with NOTICES
RATEMAKING PROCEDURE
REQUIREMENTS
Environmental Compliance
In compliance with the National
Environmental Policy Act (NEPA) of
1969, 42 U.S.C. 4321–4347; the Council
on Environmental Quality Regulations
for implementing NEPA (40 CFR parts
1500–1508); and DOE NEPA
Implementing Procedures and
Guidelines (10 CFR part 1021), WAPA
has determined that this action is
VerDate Sep<11>2014
18:38 Nov 09, 2017
Jkt 244001
categorically excluded from preparing
an environmental assessment or an
environmental impact statement.
Determination Under Executive Order
12866
WAPA has an exemption from
centralized regulatory review under
Executive Order 12866; accordingly, no
clearance of this notice by the Office of
Management and Budget is required.
Submission to FERC
The formula rates herein confirmed,
approved, and placed into effect on an
interim basis, together with supporting
documents, will be submitted to FERC
for confirmation and final approval.
Order
In view of the foregoing and under the
authority delegated to me, I confirm and
approve, on an interim basis, the
formula rates under Rate Schedule BCP–
F10. Rate Schedule BCP–F10 is
applicable the first full billing period on
or after November 13, 2017, and will
remain in effect through September 30,
2022, pending FERC’s confirmation and
approval of the rate schedule or
substitute formula rates on a final basis.
Dated: November 3, 2017.
Dan Brouillette,
Deputy Secretary of Energy.
Rate Schedule BCP–F10
(Supersedes Rate Schedule BCP–F9)
UNITED STATES DEPARTMENT OF
ENERGY
WESTERN AREA POWER
ADMINISTRATION
DESERT SOUTHWEST REGION
Boulder Canyon Project
SCHEDULE OF RATES FOR ELECTRIC
SERVICE
Effective
The first day of the first full billing
period beginning on or after December
13, 2017, and extending through
September 30, 2022, or until superseded
by another rate schedule, whichever
occurs earlier.
Available
In the marketing area serviced by the
Boulder Canyon Project.
PO 00000
Frm 00033
Fmt 4703
Sfmt 4703
$69,662,289
19.63
FY 2018
base charge
$76,910,193
19.98
Percent
change
10.4
1.75
Applicable
To power supplied by the Boulder
Canyon Project through one meter, at
one point of delivery, unless otherwise
provided by contract.
Character and Conditions of Service
Alternating current at 60 hertz, threephase, delivered and metered at the
voltages and points established by
contract.
Base Charge
The charge paid by each contractor for
their allocated capacity and firm energy
based on the annual revenue
requirement. The base charge shall be
composed of a capacity component and
an energy component:
Capacity Charge: Each month WAPA
shall bill each contractor for a capacity
charge equal to one-twelfth (1/12) of the
capacity dollars multiplied by each
contractor’s contingent capacity
percentage as provided by contract.
Energy Charge: Each month WAPA
shall bill each contractor for an energy
charge equal to that period’s monthly
energy ratio, multiplied by the
contractor’s energy dollars as provided
by contract.
Forecast Rates
Energy: Shall be equal to the annual
energy dollars divided by the lesser of
the total master schedule energy or
4,501 megawatt hours. This rate is
applied to excess energy, unauthorized
overruns, and water pump energy.
Capacity: Shall be equal to the annual
capacity dollars divided by 2,074
megawatt hours. This rate is applied to
unauthorized overruns.
Calculated Energy Rate
Within ninety (90) days after the end
of the fiscal year, a calculated energy
rate shall be calculated. For any rate
year in which energy deemed delivered
is greater than 4,501 megawatt hours,
WAPA shall apply the calculated energy
rate to each contractor’s energy deemed
delivered to determine the contractor’s
actual energy charge. A credit or debit
shall be established for each contractor
based on the difference between the
contractor’s energy dollars and the
contractor’s actual energy charge, to be
applied in the month following the
E:\FR\FM\13NON1.SGM
13NON1
Federal Register / Vol. 82, No. 217 / Monday, November 13, 2017 / Notices
calculation or as soon as possible
thereafter.
Lower Colorado River Basin
Development Fund (Contribution
Charge)
The Contribution Charge is 4.5 mills
for each kilowatt hour measured or
scheduled to an Arizona purchaser and
2.5 mills for each kilowatt hour
measured or scheduled to a California or
Nevada purchaser, except for purchased
power.
Billing for Unauthorized Overruns
For each billing period in which there
is a contract violation involving an
unauthorized overrun of contractual
power obligations, such overrun shall be
billed at ten (10) times the forecast
energy rate and forecast capacity rate.
The Contribution Charge shall also be
applied to each kilowatt hour of
overrun.
Adjustments
None.
[FR Doc. 2017–24496 Filed 11–9–17; 8:45 am]
BILLING CODE 6450–01–P
ENVIRONMENTAL PROTECTION
AGENCY
[EPA–HQ–ORD–2016–0632; FRL–9959–51–
OEI]
Information Collection Request
Submitted to OMB for Review and
Approval; Comment Request;
Willingness To Pay Survey To Evaluate
Recreational Benefits of Nutrient
Reductions in Coastal New England
Waters (New)
Environmental Protection
Agency (EPA).
ACTION: Notice.
AGENCY:
The Environmental Protection
Agency has submitted an information
collection request (ICR), ‘‘Willingness to
Pay Survey to Evaluate Recreational
Benefits of Nutrient Reductions in
Coastal New England Waters (New)’’
(EPA ICR No. 2558.01, OMB Control No.
2080–NEW) to the Office of
Management and Budget (OMB) for
review and approval in accordance with
the Paperwork Reduction Act. This is a
request for approval of a new collection.
Public comments were previously
requested via the Federal Register (81
FR 78809) on 11/09/2016 during a 60day comment period. This notice allows
for an additional 30 days for public
comments. A fuller description of the
ICR is given below, including its
estimated burden and cost to the public.
An Agency may not conduct or sponsor
asabaliauskas on DSKBBXCHB2PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
19:37 Nov 09, 2017
Jkt 244001
and a person is not required to respond
to a collection of information unless it
displays a currently valid OMB control
number.
DATES: Additional comments may be
submitted on or before December 13,
2017.
ADDRESSES: Submit your comments,
referencing Docket ID Number EPA–
HQ–ORD–2016–0632, to (1) EPA online
using www.regulations.gov (our
preferred method), by email to Docket_
ORD@epa.gov, or by mail to: EPA
Docket Center, Environmental
Protection Agency, Mail Code 28221T,
1200 Pennsylvania Ave. NW.,
Washington, DC 20460, and (2) OMB via
email to oira_submission@omb.eop.gov.
Address comments to OMB Desk Officer
for EPA.
EPA’s policy is that all comments
received will be included in the public
docket without change including any
personal information provided, unless
the comment includes profanity, threats,
information claimed to be Confidential
Business Information (CBI) or other
information whose disclosure is
restricted by statute.
FOR FURTHER INFORMATION CONTACT:
Marisa Mazzotta, U.S. Environmental
Protection Agency, Office of Research
and Development, Atlantic Ecology
Division, 27 Tarzwell Drive,
Narragansett, Rhode Island 02882;
telephone number: 401–782–3026; fax
number: 401–782–3139; email address:
mazzotta.marisa@epa.gov.
SUPPLEMENTARY INFORMATION:
Supporting documents which explain in
detail the information that the EPA will
be collecting are available in the public
docket for this ICR. The docket can be
viewed online at www.regulations.gov
or in person at the EPA Docket Center,
WJC West, Room 3334, 1301
Constitution Ave. NW., Washington,
DC. The telephone number for the
Docket Center is 202–566–1744. For
additional information about EPA’s
public docket, visit https://www.epa.gov/
dockets.
Abstract: Researchers at the EPA’s
Office of Research and Development
(ORD), Atlantic Ecology Division (AED)
are piloting an effort to better
understand how reduced water quality
due to nutrient enrichment affects the
economic prosperity, social capacity,
and ecological integrity of coastal New
England communities. This project
proposes a survey to collect data for a
case study of changes in recreation
demand and values due to changes in
nutrients in northeastern coastal waters.
This includes the development of
methods and tools for estimating
recreational values that can be applied
PO 00000
Frm 00034
Fmt 4703
Sfmt 4703
52297
in other locations, either by EPA
researchers, EPA’s regional offices or
state partners. Cape Cod is in the midst
of an extensive regional planning effort
related to its coastal waters, and this
research can provide helpful socioeconomic information to decision
makers about the use of those waters.
Because the 100-mile radius from Cape
Cod includes a large area of southern
New England and the largest population
centers in New England, the results will
be more broadly applicable to residents
of southern New England.
One of the key water quality concerns
on Cape Cod, and throughout New
England, is nonpoint sources of
nitrogen, which lead to ecological
impairments in estuaries, with resultant
socio-economic impacts. The decisions
needed to meet water quality standards
are highly complex and involve
significant cross-disciplinary challenges
in identifying, implementing, and
monitoring social and ecological
management needs. We will focus on
understanding recreational uses as
valued economic goods in coastal New
England (including beachgoing,
swimming, fishing, shellfishing, and
boating).
Form Numbers: 6000–02 and 6000–
03.
Respondents/affected entities:
Individuals and Households.
Respondent’s obligation to respond:
Voluntary.
Estimated number of respondents:
2,455 (total).
Frequency of response: Once.
Total estimated burden: 205 hours
(per year). Burden is defined at 5 CFR
1320.03(b).
Total estimated cost: $7,129 (per
year), includes $0 annualized capital or
operation & maintenance costs.
Changes in the Estimates: This is a
new collection.
Courtney Kerwin,
Director, Collection Strategies Division.
[FR Doc. 2017–24446 Filed 11–9–17; 8:45 am]
BILLING CODE 6560–50–P
FEDERAL ACCOUNTING STANDARDS
ADVISORY BOARD
Notice of Issuance of Technical
Bulletin 2017–2, Assigning Assets to
Component Reporting Entities
Federal Accounting Standards
Advisory Board.
ACTION: Notice.
AGENCY:
Pursuant to 31 U.S.C. 3511(d), the
Federal Advisory Committee Act (Pub.
L. 92–463), as amended, and the FASAB
E:\FR\FM\13NON1.SGM
13NON1
Agencies
[Federal Register Volume 82, Number 217 (Monday, November 13, 2017)]
[Notices]
[Pages 52294-52297]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-24496]
-----------------------------------------------------------------------
DEPARTMENT OF ENERGY
Western Area Power Administration
Boulder Canyon Project-Rate Order No. WAPA-178
AGENCY: Western Area Power Administration, DOE.
ACTION: Notice of order concerning formula rates for electric service
and calculation of the fiscal year 2018 base charge and rates for the
Boulder Canyon Project.
-----------------------------------------------------------------------
SUMMARY: The Deputy Secretary of Energy confirmed and approved Rate
Order No. WAPA-178 and Rate Schedule BCP-F10, placing formula rates for
electric service from the Boulder Canyon Project (BCP) of the Western
Area Power Administration (WAPA) into effect on an interim basis. The
provisional formula rates will provide sufficient revenue to pay all
annual costs, including interest expense, and repay required investment
within the allowable periods. The Deputy Secretary has also confirmed
and approved the fiscal year (FY) 2018 base charge and rates for BCP
electric service.
DATES: Rate Schedule BCP-F10 is effective as of December 13, 2017, and
will remain in effect through September 30, 2022, pending approval by
the Federal Energy Regulatory Commission (FERC) on a final basis or
until superseded. The FY 2018 base charge and rates for BCP are
applicable December 13, 2017, and will remain in effect through
September 30, 2018.
FOR FURTHER INFORMATION CONTACT: Mr. Ronald E. Moulton, Regional
Manager, Desert Southwest Region, Western Area Power Administration,
P.O. Box 6457, Phoenix, AZ 85005-6457, (602) 605-2453, email
moulton@wapa.gov or Mr. Jack Murray, Vice President of Power Marketing,
Desert Southwest Region, Western Area Power Administration, P.O. Box
6457, Phoenix, AZ 85005-6457, (602) 605-2555, email jmurray@wapa.gov.
SUPPLEMENTARY INFORMATION: Rate Schedule BCP-F9 under Rate Order No.
WAPA-171 \1\ was approved for a five-year period beginning on October
1, 2015, and ending September 30, 2020. On June 19, 2017, WAPA proposed
to update the formula rates under Rate Schedule BCP-F10 and calculate
the FY 2018 base charge and rates in a notice published in the Federal
Register on June 19, 2017 (82 FR 27813). The notice detailed the
proposed formula rates, initiated a public consultation and comment
period, and set forth the date and location of public information and
comment forums.
---------------------------------------------------------------------------
\1\ Rate Order No. WAPA-171 was approved by FERC on a final
basis on December 11, 2015, in Docket No. EF15-7-000 (153 FERC ]
62,189).
---------------------------------------------------------------------------
By Delegation Order No. 00-037.00B, effective November 19, 2016,
the Secretary of Energy delegated: (1) The authority to develop power
and transmission rates to the Administrator of WAPA; (2) the authority
to confirm, approve, and place such rates into effect on an interim
basis to the Deputy Secretary of Energy; and (3) the authority to
confirm, approve, and place into effect on a final basis, to remand, or
to disapprove such rates to FERC. Federal rules (10 CFR part 903)
govern Department of Energy procedures for public participation in
power and transmission rate adjustments.
Under Delegation Order Nos. 00-037.00B and 00-001.00F and in
compliance with 10 CFR part 903, 10 CFR part 904 and 18 CFR part 300, I
hereby confirm, approve and place Rate Order No. WAPA-178, which places
formula rates for BCP electric service into effect on an interim basis,
and calculates the base charge and rates for FY 2018. Rate Schedule
BCP-F10 will be submitted promptly to FERC for confirmation and
approval on a final basis.
Dated: November 3, 2017.
Dan Brouillette,
Deputy Secretary of Energy.
DEPARTMENT OF ENERGY
DEPUTY SECRETARY
In the matter of: Western Area Power Administration, Boulder Canyon
Project Rate Adjustment for Electric Service
Rate Order No. WAPA-178
Order Confirming, Approving and Placing Formula Rates for Electric
Service Into Effect on an Interim Basis and Calculation of Fiscal Year
2018 Base Charge and Rates
The formula rates set forth in this order are established
pursuant to Section 302 of the Department of Energy (DOE)
Organization Act (42 U.S.C. 7152). This act transferred to and
vested in the Secretary of Energy the power marketing functions of
the Secretary of the Interior and the Bureau of Reclamation
(Reclamation) under the Reclamation Act of 1902 (ch. 1093, 32 Stat.
388), as amended and supplemented by subsequent laws, particularly
section 9(c) of the Reclamation Project Act of 1939 (43 U.S.C.
485h(c)), and other acts that specifically apply to the project
involved.
By Delegation Order No. 00-037.00B, effective November 19, 2016,
the Secretary of Energy delegated: (1) The authority to develop
power and transmission rates to the Administrator of the Western
Area Power Administration (WAPA); (2) the authority to confirm,
approve, and place such rates into effect on an interim basis to the
Deputy Secretary of Energy; and (3) the authority to confirm,
approve, and place into effect on a final basis, to remand, or to
disapprove such rates to the Federal Energy Regulatory Commission
(FERC). Federal rules (10 CFR part 903) govern DOE procedures for
public participation in power and transmission rate adjustments.
Acronyms and Definitions
As used in this Rate Order, the following acronyms and definitions
apply:
Base Charge: The total charge paid by the contractors for their
allocated contingent capacity and firm energy based on the annual
revenue requirement. The base charge is composed of a capacity and an
energy component.
Boulder Canyon Project (BCP): All works and the real property
associated with such works authorized by the Boulder Canyon Project
Act, as amended, the Hoover Power Plant Act of 1984, as amended, and
any future additions authorized by Congress, to be constructed and
owned by the United States, but exclusive of the main canal and its
related appurtenances authorized by the Boulder Canyon Project Act,
known as the All-American Canal.
[[Page 52295]]
Contractor: Any party that has a fully executed contract with WAPA
for BCP electric service.
DOE: Department of Energy.
DSW: Desert Southwest Region.
FERC: Federal Energy Regulatory Commission.
Reclamation: Department of the Interior, Bureau of Reclamation.
WAPA: Western Area Power Administration.
Working Capital: Funds advanced by the contractors to meet BCP cash
flow needs.
Effective Date
Rate Schedule BCP-F10 is effective as of December 13, 2017, and
will remain in effect through September 30, 2022, pending approval by
FERC on a final basis or until superseded. The FY 2018 base charge and
rates are applicable December 13, 2017, and will remain in effect
through September 30, 2018.
Public Notice and Comment
WAPA followed the Procedures for Public Participation in Power and
Transmission Rate Adjustments and Extensions (10 CFR parts 903) and
General Regulations for the Charges for the Sale of Power from the BCP
(10 CFR 904), in developing these formula rates and schedule. WAPA took
the following steps to involve the public in the rate adjustment
process:
1. WAPA published a Federal Register notice on June 19, 2017 (82 FR
27813), announcing the proposed formula rates, initiating the 90-day
public consultation and comment period, setting forth the date and
location of public information and public comment forums, and outlining
the procedures for public participation.
2. On July 19, 2017, WAPA held a public information forum in
Phoenix, Arizona. WAPA's representatives explained the need for the
formula rate adjustment and proposed changes to the formula rates,
answered questions, and provided presentation handouts.
3. On August 18, 2017, WAPA held a public comment forum in Phoenix,
Arizona, to provide contractors and interested parties an opportunity
to comment for the record.
4. WAPA posts information about this public process at: https://www.wapa.gov/regions/DSW/Rates/Pages/boulder-canyon-rates.aspx.
Comments
WAPA received comments from the Irrigation & Electrical Districts
Association of Arizona and the Colorado River Commission during the
public consultation and comment period and responds to them in the
paragraphs that follow. All comments received were considered in
preparing this Rate Order. The comments have been paraphrased where
appropriate without compromising their meaning.
Comment: A commenter requested further explanation of how
Reclamation's $15 million for working capital was derived and whether
the increase in working capital over the prior marketing period was
necessary. The commenter requested steps be taken to further moderate
the impact of collecting the working capital amount in the FY 2018 base
charge.
Response: The greatest need for working capital is generally during
the first quarter of a FY when receipts are not sufficient to cover
obligations and expenditures. Because the working capital for the new
marketing period will be incrementally funded over 12 billing cycles,
the full amount will not be available until FY 2019. For FY 2018, the
carryover balance from the marketing period ending September 30, 2017,
will be available to cover funding shortfalls before the full $15
million of working capital is collected. Because the carryover balance
for the marketing period ending September 30, 2017, must be refunded by
September 30, 2018, Reclamation must have the $15 million in working
capital to maintain a positive cash balance at the end of FY 2018.
Following the public comment forum, Reclamation reviewed their
budgets and revenue projections for FY 2018. To moderate the base
charge increase, Reclamation was able to further reduce its replacement
budget by $800,000 and increased revenue projections for the Hoover Dam
Visitor Center by $3 million. This resulted in a net decrease to the
base charge of $3.8 million.
Comment: A commenter requested Reclamation's working capital
analysis and footnotes be updated with the latest budget figures
reflected in the revised base charge.
Response: The analysis was updated with the revised budget figures
and posted to WAPA's Web site provided above. There was no change to
Reclamation's working capital needs.
Comment: A commenter thanked all parties involved for the efforts
made to moderate the impact of Reclamation's working capital needs on
the in FY 2018 base charge. The commenter encouraged further efforts as
well.
Response: Reclamation and WAPA were able to collectively moderate
the impact of the working capital collection by reducing agency budgets
by approximately $4.5 million. Reclamation and WAPA will continue to
work collaboratively to ensure the stability of the base charge.
Comment: A commenter thanked Reclamation and WAPA for their
collaborative efforts to moderate the impact of the working capital
collection in FY 2018 by billing over a 12-month period rather than a
one-time collection. The commenter also requested that pre-2017 and
post-2017 marketing period balances be accounted for separately,
included the post retirement benefit (PRB) amounts.
Response: Reclamation and WAPA are able to separately identify
balances between pre-2017 and post-2017 marketing periods, including
PRB balances.
Background and Provisional Base Charge and Rates
The Hoover Dam, authorized by the Boulder Canyon Project Act (45
Stat. 1057, December 21, 1928), sits on the Colorado River along the
Arizona-Nevada border. The Hoover Dam's power plant has 19 generating
units (two for plant use) and an installed capacity of 2,078.8
megawatts (4,800 kilowatts for plant use). High-voltage transmission
lines and substations deliver this power to southern Nevada, Arizona,
and southern California.
The rate-setting process for BCP is different from most WAPA power
systems. The Boulder Canyon Project Amended and Restated Implementation
Agreement (BCPIA), executed in 2016 between WAPA, Reclamation, and
contractors, carried forward the rate methodology used for the
marketing period ending September 30, 2017. This rate methodology
requires contractors to pay a base charge rather than a unit rate for
power. The base charge is designed to collect sufficient revenue to
cover all annual costs and to repay investment obligations within
allowable time periods. Each contractor is billed a base charge in
proportion to their allocation of power from the Hoover Dam. A unit
rate is calculated for comparative purposes but is not used to
determine charges for electric service.
Since a new 50-year marketing period commences on October 1, 2017,
WAPA is updating the formula rates for a five-year period and
calculating the base charge and rates for FY 2018.
The revision to Rate Schedule BCP-F10 is:
Capacity: Shall be equal to the annual capacity dollars divided by
2,074 megawatt hours. This rate is applied to unauthorized overruns.
The existing formula used to calculate the forecast capacity rate
was revised from 1,951 to 2,074 megawatts to reflect the current
generating (nameplate) capacity for the BCP, as required by the Hoover
Power Allocation Act of 2011.
[[Page 52296]]
No other changes to the formula rates in the rate schedule were
proposed.
The update to the FY 2018 formula driven base charge and rates are:
----------------------------------------------------------------------------------------------------------------
FY 2017 base FY 2018 base
charge charge Percent change
----------------------------------------------------------------------------------------------------------------
Base Charge..................................................... $69,662,289 $76,910,193 10.4
Composite Rates (mills/kWh)..................................... 19.63 19.98 1.75
----------------------------------------------------------------------------------------------------------------
The FY 2018 base charge increased from $69.6 million in FY 2017 to
$76.9 million in FY 2018, a 10.4 percent increase. The composite rate
increased to 19.98 mills per kilowatt month, a 1.75 percent increase.
Although the overall BCP budget decreased in FY 2018, the establishment
of a working capital fund for the new 50-year marketing period caused
the FY 2018 base charge to increase. As part of the BCPIA, Reclamation
is establishing a $15 million working capital fund to cover short-term
liabilities until sufficient revenues are received. This fund is
particularly important at the beginning of a fiscal year when project-
related expenses tend to be greater than the revenue collected. This
working capital fund balance will be reviewed annually in accordance
with the BCPIA.
Certification of Rates
WAPA's Administrator certified that the provisional formula rates
for BCP electric service under Rate Schedule BCP-F10 result in the
lowest possible rates consistent with sound business principles. The
provisional formula rates were developed following administrative
policies and applicable laws.
Availability of Information
All brochures, studies, comments, letters, memorandums and other
documents used by WAPA to develop the provisional formula rates are
available for inspection and copying at the Desert Southwest Regional
Office, Western Area Power Administration, 615 South 43rd Avenue,
Phoenix, Arizona. Many of these documents are also available on WAPA's
Web site: https://www.wapa.gov/regions/DSW/Rates/Pages/boulder-canyon-rates.aspx.
RATEMAKING PROCEDURE REQUIREMENTS
Environmental Compliance
In compliance with the National Environmental Policy Act (NEPA) of
1969, 42 U.S.C. 4321-4347; the Council on Environmental Quality
Regulations for implementing NEPA (40 CFR parts 1500-1508); and DOE
NEPA Implementing Procedures and Guidelines (10 CFR part 1021), WAPA
has determined that this action is categorically excluded from
preparing an environmental assessment or an environmental impact
statement.
Determination Under Executive Order 12866
WAPA has an exemption from centralized regulatory review under
Executive Order 12866; accordingly, no clearance of this notice by the
Office of Management and Budget is required.
Submission to FERC
The formula rates herein confirmed, approved, and placed into
effect on an interim basis, together with supporting documents, will be
submitted to FERC for confirmation and final approval.
Order
In view of the foregoing and under the authority delegated to me, I
confirm and approve, on an interim basis, the formula rates under Rate
Schedule BCP-F10. Rate Schedule BCP-F10 is applicable the first full
billing period on or after November 13, 2017, and will remain in effect
through September 30, 2022, pending FERC's confirmation and approval of
the rate schedule or substitute formula rates on a final basis.
Dated: November 3, 2017.
Dan Brouillette,
Deputy Secretary of Energy.
Rate Schedule BCP-F10
(Supersedes Rate Schedule BCP-F9)
UNITED STATES DEPARTMENT OF ENERGY
WESTERN AREA POWER ADMINISTRATION
DESERT SOUTHWEST REGION
Boulder Canyon Project
SCHEDULE OF RATES FOR ELECTRIC SERVICE
Effective
The first day of the first full billing period beginning on or
after December 13, 2017, and extending through September 30, 2022, or
until superseded by another rate schedule, whichever occurs earlier.
Available
In the marketing area serviced by the Boulder Canyon Project.
Applicable
To power supplied by the Boulder Canyon Project through one meter,
at one point of delivery, unless otherwise provided by contract.
Character and Conditions of Service
Alternating current at 60 hertz, three-phase, delivered and metered
at the voltages and points established by contract.
Base Charge
The charge paid by each contractor for their allocated capacity and
firm energy based on the annual revenue requirement. The base charge
shall be composed of a capacity component and an energy component:
Capacity Charge: Each month WAPA shall bill each contractor for a
capacity charge equal to one-twelfth (1/12) of the capacity dollars
multiplied by each contractor's contingent capacity percentage as
provided by contract.
Energy Charge: Each month WAPA shall bill each contractor for an
energy charge equal to that period's monthly energy ratio, multiplied
by the contractor's energy dollars as provided by contract.
Forecast Rates
Energy: Shall be equal to the annual energy dollars divided by the
lesser of the total master schedule energy or 4,501 megawatt hours.
This rate is applied to excess energy, unauthorized overruns, and water
pump energy.
Capacity: Shall be equal to the annual capacity dollars divided by
2,074 megawatt hours. This rate is applied to unauthorized overruns.
Calculated Energy Rate
Within ninety (90) days after the end of the fiscal year, a
calculated energy rate shall be calculated. For any rate year in which
energy deemed delivered is greater than 4,501 megawatt hours, WAPA
shall apply the calculated energy rate to each contractor's energy
deemed delivered to determine the contractor's actual energy charge. A
credit or debit shall be established for each contractor based on the
difference between the contractor's energy dollars and the contractor's
actual energy charge, to be applied in the month following the
[[Page 52297]]
calculation or as soon as possible thereafter.
Lower Colorado River Basin Development Fund (Contribution Charge)
The Contribution Charge is 4.5 mills for each kilowatt hour
measured or scheduled to an Arizona purchaser and 2.5 mills for each
kilowatt hour measured or scheduled to a California or Nevada
purchaser, except for purchased power.
Billing for Unauthorized Overruns
For each billing period in which there is a contract violation
involving an unauthorized overrun of contractual power obligations,
such overrun shall be billed at ten (10) times the forecast energy rate
and forecast capacity rate. The Contribution Charge shall also be
applied to each kilowatt hour of overrun.
Adjustments
None.
[FR Doc. 2017-24496 Filed 11-9-17; 8:45 am]
BILLING CODE 6450-01-P