Notice of Interim Approval of Rate Schedules for Kerr-Philpott System, 52968-52985 [2020-18821]
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52968
Federal Register / Vol. 85, No. 167 / Thursday, August 27, 2020 / Notices
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[FR Doc. 2020–18869 Filed 8–26–20; 8:45 am]
BILLING CODE 5001–06–P
DEPARTMENT OF ENERGY
Southeastern Power Administration
Notice of Interim Approval of Rate
Schedules for Kerr-Philpott System
Southeastern Power
Administration, Energy (DOE).
ACTION: Notice of interim approval.
The Administrator for the
Southeastern Power Administration
(Southeastern) has confirmed and
approved, on an interim basis, new rate
schedules VA–1–D, VA–2–D, VA–3–D,
VA–4–D, DEP–1–D, DEP–2–D, DEP–3–
D, DEP–4–D, AP–1–D, AP–2–D, AP–3–
D, AP–4–D, NC–1–D, and Replacement–
2–C. 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,
2025, and are subject to confirmation
and approval by the Federal Energy
Regulatory Commission (FERC) on a
final basis.
DATES: The approval of rates on an
interim basis is effective October 1,
2020.
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Cathy Stillson, Power Marketing
Advisor, Finance and Marketing,
Southeastern Power Administration,
U.S. Department of Energy, 1166 Athens
Tech Road, Elberton, Georgia 30635–
6711, (706) 213–3847; Email:
Cathy.Stillson@sepa.doe.gov.
SUPPLEMENTARY INFORMATION: FERC, by
order issued February 24, 2016, 154
FERC ¶ 62,129, confirmed and approved
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, for the period
October 1, 2015, through September 30,
2020. This order replaces these rate
schedules on an interim basis, subject to
final approval by FERC.
Signing Authority
This document of the Department of
Energy was signed on August 18, 2020,
by Virgil G. Hobbs, III, Administrator for
Southeastern Power Administration,
pursuant to delegated authority from the
Secretary of Energy. That document,
with the original signature and date, is
maintained by DOE. For administrative
purposes only, and in compliance with
requirements of the Office of the Federal
Register, the undersigned DOE Federal
Register Liaison Officer has been
authorized to sign and submit the
document in electronic format for
publication, as an official document of
the Department of Energy. This
administrative process in no way alters
the legal effect of this document upon
publication in the Federal Register.
Signed in Washington, DC, on August 21,
2020.
Treena V. Garrett,
Federal Register Liaison Officer, U.S.
Department of Energy.
AGENCY:
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
DEPARTMENT OF ENERGY
ADMINISTRATOR, SOUTHEASTERN
POWER ADMINISTRATION
In the Matter of:
Southeastern Power Administration
Kerr-Philpott System Power Rates
Rate Order No. SEPA–63
Order Confirming and Approving
Power Rates on an Interim Basis
Pursuant to Section 302(a) of the
Department of Energy Organization Act
(Pub. L. 95–91, 42 U.S.C. 7152(a)), 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. 00–037.00B,
PO 00000
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Fmt 4703
Sfmt 4703
effective November 19, 2016, 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 such rates
into effect on an 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. By Delegation Order No.
00–002.00S, effective January 15, 2020,
the Secretary of Energy also delegated
the authority to confirm, approve, and
place such rates into effect on an
interim basis to the Under Secretary of
Energy. By Redelegation Order No. 00–
002.10E, effective February 14, 2020, the
Under Secretary of Energy further
delegated the authority to confirm,
approve, and place such rates into effect
on an interim basis to the Assistant
Secretary for Electricity. By
Redelegation Order No. 00–002.10–03,
effective July 8, 2020, the Assistant
Secretary for Electricity further
delegated the authority to confirm,
approve, and place such rates into effect
on an interim basis to the
Administrator, Southeastern Power
Administration. This rate is issued by
the Administrator, Southeastern Power
Administration pursuant to the
authority delegated in Redelegation
Order No. 00–002.10–03.
Background
Power from the Kerr-Philpott Projects
is presently sold under 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. These rate schedules
were approved by FERC on February 24,
2016, for a period ending September 30,
2020 (154 FERC ¶ 62,129).
Public Notice and Comment
Notice of proposed rates and
opportunities for public review and
comment for the Kerr-Philpott System
was published in the Federal Register
(85 FR 17572) on March 30, 2020.
Southeastern proposed to update and
extend existing schedules of rates and
charges applicable to the sale of power
from the Kerr Philpott System effective
October 1, 2020, through September 30,
2025. The notice advised interested
parties of Southeastern’s determination
that holding a public information and
comment forum for this rate action, in
accordance with 10 CFR 903.23(a),
would not be necessary. Instead,
Southeastern announced a 30-day
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Federal Register / Vol. 85, No. 167 / Thursday, August 27, 2020 / Notices
consultation and comment period to
give the public an opportunity to
comment, with written comments due
on or before April 29, 2020.
The proposed rate schedules extended
the existing initial base rate of $4.40 per
kilowatt per month for capacity and the
initial base rate of 17.80 mills per
kilowatt-hour charge for energy, which
expire September 30, 2020, through
September 30, 2025. The rates are based
on a repayment study estimating the
Kerr-Philpott System will produce the
following net revenue available for
repayment (rounded to the nearest
$10,000):
Estimated annual
net revenue
available for
repayment
Fiscal year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
.............................................................................................................................................................
The proposed rates continue a true-up
of the capacity and energy rates based
on the cumulative net revenue available
for repayment from 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-hour. For every $100,000 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-hour, to be
implemented April 1 of the next fiscal
year. The extension of rates and the
continuation of the true-up based on the
updated amounts of cumulative net
revenue available for repayment ensure
repayment within cost recovery criteria.
khammond on DSKJM1Z7X2PROD with NOTICES
Public Comments
Southeastern received no comments
in response to the ‘‘Notice of proposed
rates and opportunities for public
review and comment’’ published in the
Federal Register at 85 FR 17572 on
March 30, 2020.
Discussion
System Repayment
An examination of Southeastern’s
revised system power repayment study,
prepared in March 2020 for the KerrPhilpott System, shows that with the
proposed rates, all system power costs
are repaid within the appropriate
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repayment period and meet the cost
recovery criteria set forth in DOE Order
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.
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, as amended, the proposed action
is not a major Federal action for which
preparation of an Environmental Impact
Statement is required.
Determination Under Executive Order
12866
Southeastern 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.
Availability of Information
Information regarding these rates,
including studies and other supporting
materials 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 redelegated to me by the
PO 00000
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Fmt 4703
Sfmt 4703
$200,000
2,560,000
2,940,000
2,360,000
2,430,000
2,130,000
2,210,000
2,310,000
2,420,000
2,530,000
Cumulative net
revenue
available for
repayment
$200,000
2,760,000
5,700,000
8,060,000
10,490,000
12,620,000
14,830,000
17,140,000
19,560,000
22,090,000
Assistant Secretary for Electricity, I
hereby confirm and approve on an
interim basis, effective October 1, 2020,
attached Wholesale Power Rate
Schedules VA–1–D, VA–2–D, VA–3–D,
VA–4–D, DEP–1–D, DEP–2–D, DEP–3–
D, DEP–4–D, AP–1–D, AP–2–D, AP–3–
D, AP–4–D, NC–1–D, and Replacement–
2–C. The Rate Schedules shall remain in
effect on an interim basis through
September 30, 2025, unless such period
is extended or until FERC confirms and
approves them or substitutes Rate
Schedules on a final basis.
Dated: August 18, 2020.
Virgil G. Hobbs, III,
Administrator, Southeastern Power
Administration.
Wholesale Power Rate Schedule
VA–1–D
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.
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Federal Register / Vol. 85, No. 167 / Thursday, August 27, 2020 / Notices
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:
Fiscal year
khammond on DSKJM1Z7X2PROD with NOTICES
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Estimated annual
net revenue
available for
repayment
........
........
........
........
........
........
........
........
........
........
$200,000
2,560,000
2,940,000
2,360,000
2,430,000
2,130,000
2,210,000
2,310,000
2,420,000
2,530,000
Cumulative net
revenue
available for
repayment
$200,000
2,760,000
5,700,000
8,060,000
10,490,000
12,620,000
14,830,000
17,140,000
19,560,000
22,090,000
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
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17:09 Aug 26, 2020
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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.
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
$7.32 per kilowatt of total contract
demand per month estimated as of
February 2020, is presented for
illustrative purposes.
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.
Ancillary Services
0.81 mills per kilowatt-hour of energy
estimated as of February 2020, 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 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
$1.34 per kilowatt of total contract
demand per month, as an estimated cost
as of February 2020.
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
PO 00000
Frm 00029
Fmt 4703
Sfmt 4703
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
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.
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Wholesale Power Rate Schedule
VA–2–D
Fiscal year
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.
khammond on DSKJM1Z7X2PROD with NOTICES
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:
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17:09 Aug 26, 2020
Jkt 250001
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Estimated annual
net revenue
available for
repayment
........
........
........
........
........
........
........
........
........
........
Cumulative net
revenue
available for
repayment
$200,000
2,560,000
2,940,000
2,360,000
2,430,000
2,130,000
2,210,000
2,310,000
2,420,000
2,530,000
$200,000
2,760,000
5,700,000
8,060,000
10,490,000
12,620,000
14,830,000
17,140,000
19,560,000
22,090,000
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
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
$7.32 per kilowatt of total contract
demand per month estimated as of
February 2020, is presented for
illustrative purposes.
Ancillary Services
0.81 mills per kilowatt-hour of energy
estimated as of February 2020, is
presented for illustrative purposes.
The initial charge for transmission
and ancillary services will be the
PO 00000
Frm 00030
Fmt 4703
Sfmt 4703
52971
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 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
$1.34 per kilowatt of total contract
demand per month, as an estimated cost
as of February 2020.
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 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
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Federal Register / Vol. 85, No. 167 / Thursday, August 27, 2020 / Notices
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.
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–D
Availability
khammond on DSKJM1Z7X2PROD with NOTICES
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.
17:09 Aug 26, 2020
Jkt 250001
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:
Fiscal year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Billing Month
VerDate Sep<11>2014
Character of Service
The electric capacity and energy
supplied hereunder will be delivered at
the Projects.
Estimated annual
net revenue
available for
repayment
........
........
........
........
........
........
........
........
........
........
Cumulative net
revenue
available for
repayment
$200,000
2,560,000
2,940,000
2,360,000
2,430,000
2,130,000
2,210,000
2,310,000
2,420,000
2,530,000
$200,000
2,760,000
5,700,000
8,060,000
10,490,000
12,620,000
14,830,000
17,140,000
19,560,000
22,090,000
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.
PO 00000
Frm 00031
Fmt 4703
Sfmt 4703
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
0.81 mills per kilowatt-hour of energy
estimated as of February 2020, 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 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
$1.34 per kilowatt of total contract
demand per month, as an estimated cost
as of February 2020.
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\27AUN1.SGM
27AUN1
Federal Register / Vol. 85, No. 167 / Thursday, August 27, 2020 / Notices
Capacity Performance Non-Performance
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.
khammond on DSKJM1Z7X2PROD with NOTICES
Wholesale Power Rate Schedule
VA–4–D
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
VerDate Sep<11>2014
17:09 Aug 26, 2020
Jkt 250001
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:
Fiscal year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Estimated annual
net revenue
available for
repayment
........
........
........
........
........
........
........
........
........
........
Cumulative net
revenue
available for
repayment
$200,000
2,560,000
2,940,000
2,360,000
2,430,000
2,130,000
2,210,000
2,310,000
2,420,000
2,530,000
$200,000
2,760,000
5,700,000
8,060,000
10,490,000
12,620,000
14,830,000
17,140,000
19,560,000
22,090,000
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
PO 00000
Frm 00032
Fmt 4703
Sfmt 4703
52973
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
0.81 mills per kilowatt-hour of energy
estimated as of February 2020, 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 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
$1.34 per kilowatt of total contract
demand per month, as an estimated cost
as of February 2020.
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
E:\FR\FM\27AUN1.SGM
27AUN1
52974
Federal Register / Vol. 85, No. 167 / Thursday, August 27, 2020 / Notices
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 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.
khammond on DSKJM1Z7X2PROD with NOTICES
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.
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
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:
Fiscal year
Estimated annual
net revenue
available for
repayment
Wholesale Power Rate Schedule
DEP–1–D
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Availability
This rate schedule shall be available
to public bodies and cooperatives (any
The rates include a true-up of the
capacity and energy rates based on the
variance of the actual cumulative net
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.
VerDate Sep<11>2014
17:09 Aug 26, 2020
Jkt 250001
PO 00000
........
........
........
........
........
........
........
........
........
........
Cumulative net
revenue
available for
repayment
Frm 00033
$200,000
2,560,000
2,940,000
2,360,000
2,430,000
2,130,000
2,210,000
2,310,000
2,420,000
2,530,000
Fmt 4703
Sfmt 4703
$200,000
2,760,000
5,700,000
8,060,000
10,490,000
12,620,000
14,830,000
17,140,000
19,560,000
22,090,000
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.
Transmission
$1.5297 per kilowatt of total contract
demand per month as of February 2020,
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.
E:\FR\FM\27AUN1.SGM
27AUN1
Federal Register / Vol. 85, No. 167 / Thursday, August 27, 2020 / Notices
Tandem Transmission Charge
$1.34 per kilowatt of total contract
demand per month, as an estimated cost
as of February 2020.
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.
khammond on DSKJM1Z7X2PROD with NOTICES
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
17:09 Aug 26, 2020
Jkt 250001
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:
Fiscal year
Wholesale Power Rate Schedule
DEP–2–D
VerDate Sep<11>2014
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.
2020
2021
2022
2023
2024
2025
2026
2027
2028
PO 00000
Estimated annual
net revenue
available for
repayment
........
........
........
........
........
........
........
........
........
Frm 00034
Cumulative net
revenue
available for
repayment
$200,000
2,560,000
2,940,000
2,360,000
2,430,000
2,130,000
2,210,000
2,310,000
2,420,000
Fmt 4703
Sfmt 4703
$200,000
2,760,000
5,700,000
8,060,000
10,490,000
12,620,000
14,830,000
17,140,000
19,560,000
Fiscal year
Estimated annual
net revenue
available for
repayment
2029 ........
2,530,000
52975
Cumulative net
revenue
available for
repayment
22,090,000
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.
Transmission
$1.5297 per kilowatt of total contract
demand per month as of February 2020,
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
E:\FR\FM\27AUN1.SGM
27AUN1
52976
Federal Register / Vol. 85, No. 167 / Thursday, August 27, 2020 / Notices
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
$1.34 per kilowatt of total contract
demand per month, as an estimated cost
as of February 2020.
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.
khammond on DSKJM1Z7X2PROD with NOTICES
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.
VerDate Sep<11>2014
17:09 Aug 26, 2020
Jkt 250001
Wholesale Power Rate Schedule
DEP–3–D
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:
Fiscal year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
PO 00000
Estimated annual
net revenue
available for
repayment
........
........
........
........
........
........
........
........
........
........
Frm 00035
Cumulative net
revenue available
for repayment
$200,000
2,560,000
2,940,000
2,360,000
2,430,000
2,130,000
2,210,000
2,310,000
2,420,000
2,530,000
Fmt 4703
Sfmt 4703
$200,000
2,760,000
5,700,000
8,060,000
10,490,000
12,620,000
14,830,000
17,140,000
19,560,000
22,090,000
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.
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
$1.34 per kilowatt of total contract
demand per month, as an estimated cost
as of February 2020.
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
E:\FR\FM\27AUN1.SGM
27AUN1
Federal Register / Vol. 85, No. 167 / Thursday, August 27, 2020 / Notices
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) percent. This loss factor will be
governed by the terms of the
Government-Company contract.
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:
Fiscal year
Estimated annual
net revenue
available for
repayment
Wholesale Power Rate Schedule
DEP–4–D
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
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
17:09 Aug 26, 2020
Jkt 250001
PO 00000
........
........
........
........
........
........
........
........
........
........
Cumulative net
revenue available
for repayment
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
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.
khammond on DSKJM1Z7X2PROD with NOTICES
schedule shall preclude modifications
to the aforementioned contracts to allow
an eligible customer to elect service
under another rate schedule.
Frm 00036
$200,000
2,560,000
2,940,000
2,360,000
2,430,000
2,130,000
2,210,000
2,310,000
2,420,000
2,530,000
Fmt 4703
Sfmt 4703
$200,000
2,760,000
5,700,000
8,060,000
10,490,000
12,620,000
14,830,000
17,140,000
19,560,000
22,090,000
52977
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
$1.34 per kilowatt of total contract
demand per month, as an estimated cost
as of February 2020.
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
E:\FR\FM\27AUN1.SGM
27AUN1
52978
Federal Register / Vol. 85, No. 167 / Thursday, August 27, 2020 / Notices
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–D
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.
khammond on DSKJM1Z7X2PROD with NOTICES
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.
VerDate Sep<11>2014
17:09 Aug 26, 2020
Jkt 250001
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:
Fiscal year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Estimated annual
net revenue
available for
repayment
........
........
........
........
........
........
........
........
........
........
Cumulative net
revenue available
for repayment
$200,000
2,560,000
2,940,000
2,360,000
2,430,000
2,130,000
2,210,000
2,310,000
2,420,000
2,530,000
$200,000
2,760,000
5,700,000
8,060,000
10,490,000
12,620,000
14,830,000
17,140,000
19,560,000
22,090,000
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.
Transmission
$7.32 per kilowatt of total contract
demand per month estimated as of
February 2020, is presented for
illustrative purposes.
PO 00000
Frm 00037
Fmt 4703
Sfmt 4703
Ancillary Services
0.81 mills per kilowatt-hour of energy
estimated as of February 2020, 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 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
$1.34 per kilowatt of total contract
demand per month, as an estimated cost
as of February 2020.
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 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.
E:\FR\FM\27AUN1.SGM
27AUN1
Federal Register / Vol. 85, No. 167 / Thursday, August 27, 2020 / Notices
Contract Demand
Applicability
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.
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.
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.
khammond on DSKJM1Z7X2PROD with NOTICES
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.
17:09 Aug 26, 2020
Jkt 250001
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:
Fiscal year
Wholesale Power Rate Schedule
AP–2–D
VerDate Sep<11>2014
Character of Service
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
........
........
........
........
........
........
........
........
........
........
Estimated
annual net
revenue
available for
repayment
Cumulative net
revenue available
for repayment
$200,000
2,560,000
2,940,000
2,360,000
2,430,000
2,130,000
2,210,000
2,310,000
2,420,000
2,530,000
$200,000
2,760,000
5,700,000
8,060,000
10,490,000
12,620,000
14,830,000
17,140,000
19,560,000
22,090,000
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
PO 00000
Frm 00038
Fmt 4703
Sfmt 4703
52979
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
$7.32 per kilowatt of total contract
demand per month estimated as of
February 2020, is presented for
illustrative purposes.
Ancillary Services
0.81 mills per kilowatt-hour of energy
estimated as of February 2020, 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 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
$1.34 per kilowatt of total contract
demand per month, as an estimated cost
as of February 2020.
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
E:\FR\FM\27AUN1.SGM
27AUN1
52980
Federal Register / Vol. 85, No. 167 / Thursday, August 27, 2020 / Notices
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 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.
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.
Contract Demand
khammond on DSKJM1Z7X2PROD with NOTICES
Wholesale Power Rate Schedule
AP–3–D
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.
Character of Service
Energy To Be Furnished by the
Government
Monthly Rate
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.
VerDate Sep<11>2014
17:09 Aug 26, 2020
Jkt 250001
The electric capacity and energy
supplied hereunder will be delivered at
the Projects.
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:
Fiscal
year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
PO 00000
........
........
........
........
........
........
........
........
........
........
Frm 00039
Estimated
annual net
revenue
available for
repayment
Cumulative net
revenue available
for repayment
$200,000
2,560,000
2,940,000
2,360,000
2,430,000
2,130,000
2,210,000
2,310,000
2,420,000
2,530,000
Fmt 4703
Sfmt 4703
$200,000
2,760,000
5,700,000
8,060,000
10,490,000
12,620,000
14,830,000
17,140,000
19,560,000
22,090,000
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.
Ancillary Services
0.81 mills per kilowatt-hour of energy
estimated as of February 2020, 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 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
E:\FR\FM\27AUN1.SGM
27AUN1
Federal Register / Vol. 85, No. 167 / Thursday, August 27, 2020 / Notices
recovered through a capacity charge or
an energy charge, as determined by the
Government.
Tandem Transmission Charge
$1.34 per kilowatt of total contract
demand per month, as an estimated cost
as of February 2020.
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 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.
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.
khammond on DSKJM1Z7X2PROD with NOTICES
Energy To Be Furnished by the
Government
Jkt 250001
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–D
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
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.
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 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
17:09 Aug 26, 2020
Billing Month
Applicability
Contract Demand
VerDate Sep<11>2014
under Section 205 of the Federal Power
Act or Southeastern Power
Administration under Section 206 of the
Federal Power Act or otherwise.
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:
PO 00000
Frm 00040
Fmt 4703
Sfmt 4703
Estimated
annual net
revenue
available for
repayment
Fiscal
year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
........
........
........
........
........
........
........
........
........
........
$200,000
2,560,000
2,940,000
2,360,000
2,430,000
2,130,000
2,210,000
2,310,000
2,420,000
2,530,000
52981
Cumulative net
revenue available
for repayment
$200,000
2,760,000
5,700,000
8,060,000
10,490,000
12,620,000
14,830,000
17,140,000
19,560,000
22,090,000
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.
Ancillary Services
0.81 mills per kilowatt-hour of energy
estimated as of February 2020, 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
E:\FR\FM\27AUN1.SGM
27AUN1
52982
Federal Register / Vol. 85, No. 167 / Thursday, August 27, 2020 / Notices
upon the determination in proceedings
before 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
$1.34 per kilowatt of total contract
demand per month, as an estimated cost
as of February 2020.
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 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.
khammond on DSKJM1Z7X2PROD with NOTICES
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.
The Government will sell to the
Customer and the Customer will
VerDate Sep<11>2014
17:09 Aug 26, 2020
Jkt 250001
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:
Billing Month
Fiscal year
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–D
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
Contract Demand
Energy To Be Furnished by the
Government
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.
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.
PO 00000
Frm 00041
Fmt 4703
Sfmt 4703
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
........
........
........
........
........
........
........
........
........
........
Estimated
annual net
revenue
available for
repayment
$200,000
2,560,000
2,940,000
2,360,000
2,430,000
2,130,000
2,210,000
2,310,000
2,420,000
2,530,000
Cumulative net
revenue available
for repayment
$200,000
2,760,000
5,700,000
8,060,000
10,490,000
12,620,000
14,830,000
17,140,000
19,560,000
22,090,000
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
E:\FR\FM\27AUN1.SGM
27AUN1
52983
Federal Register / Vol. 85, No. 167 / Thursday, August 27, 2020 / Notices
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
$7.32 per kilowatt of total contract
demand per month estimated as of
February 2020, is presented for
illustrative purposes.
Ancillary Services
0.81 mills per kilowatt-hour of energy
estimated as of February 2020, 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 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.
khammond on DSKJM1Z7X2PROD with NOTICES
Tandem Transmission Charge
$1.34 per kilowatt of total contract
demand per month, as an estimated cost
as of February 2020.
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 Virginia 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.
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
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 FERC, pursuant to
application by the Company or PJM
Character of Service
1230 ......................
1221 ......................
853 ........................
854 ........................
869 ........................
855 ........................
1220 ......................
1203 ......................
1204 ......................
895 ........................
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 ....................................................................
Jkt 250001
The billing month for power sold
under this schedule shall end at 12:00
midnight on the last day of each
calendar month.
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.
Customer
17:09 Aug 26, 2020
Billing Month
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.
Contract
Number
89–00–1501–
VerDate Sep<11>2014
under Section 205 of the Federal Power
Act or Southeastern Power
Administration under Section 206 of the
Federal Power Act or otherwise.
PO 00000
Frm 00042
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
Fmt 4703
Sfmt 4703
Average
energy
2,593
3,740
3,515
2,679
56
1,239
7,956
1,200
5,600
2,073
E:\FR\FM\27AUN1.SGM
6,978,071
10,099,971
10,069,899
7,674,895
42,281
3,549,532
21,618,671
906,166
4,228,775
1,565,205
27AUN1
Cost
allocation
factor
(percent)
1.5868510
2.2967870
2.2899490
1.7453120
0.0096150
0.8071830
4.9162010
0.2060670
0.9616460
0.3559360
khammond on DSKJM1Z7X2PROD with NOTICES
52984
Federal Register / Vol. 85, No. 167 / Thursday, August 27, 2020 / Notices
Contract
Number
89–00–1501–
Customer
1215 ......................
878 ........................
880 ........................
881 ........................
1205 ......................
882 ........................
1206 ......................
885 ........................
1208 ......................
892 ........................
889 ........................
1222 ......................
1211 ......................
1231 ......................
875 ........................
856 ........................
891 ........................
857 ........................
1232 ......................
1216 ......................
858 ........................
859 ........................
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 ........................
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 ......................................................................
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 ....................................................................................
VerDate Sep<11>2014
17:09 Aug 26, 2020
Jkt 250001
PO 00000
Frm 00043
Capacity
allocation
Fmt 4703
Sfmt 4703
Average
energy
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
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
E:\FR\FM\27AUN1.SGM
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
11,439,200
4,593,320
11,327,753
4,100,640
12,026,581
5,688,496
1,675,929
5,499,876
2,050,360
14,851,310
10,682,974
30,927,112
10,613,786
8,910,499
8,502,833
3,111,400
4,526,441
6,808,541
10,336,328
60,687,959
14,963,086
27,049,304
17,529,931
39,223,111
1,948,088
6,579,856
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
2,455,632
30,202
88,340
377,569
175,170
229,533
138,173
285,407
1,619,568
112,501
79,723
248,946
8,869,532
6,199,505
27AUN1
Cost
allocation
factor
(percent)
0.1715450
0.2517130
0.0712560
0.1536720
0.2747560
0.2067280
0.2232150
0.4357770
0.3777490
0.4641070
0.5065170
2.6013350
1.0445460
2.5759920
0.9325070
2.7349090
1.2935940
0.3811150
1.2507010
0.4662630
3.3772670
2.4293650
7.0329910
2.4136320
2.0262950
1.9335900
0.7075490
1.0293370
1.5482990
2.3505360
13.8007690
3.4026860
6.1511560
3.9864000
8.9195450
0.4430060
1.4962940
0.0248970
0.0357140
0.0312500
0.0206040
0.0665320
0.0276440
0.0677480
0.1330680
0.0292460
0.0443010
0.0406930
0.0103020
0.0068680
0.0348550
0.0078980
0.0051510
0.0159680
0.5584240
0.0068680
0.0200890
0.0858610
0.0398350
0.0521970
0.0314210
0.0649030
0.3682980
0.0255830
0.0181290
0.0566120
2.0169790
1.4098010
Federal Register / Vol. 85, No. 167 / Thursday, August 27, 2020 / Notices
Contract
Number
89–00–1501–
Total ..............
.......................................................................................................
Energy To Be Furnished by the
Government
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. 2020–18821 Filed 8–26–20; 8:45 am]
BILLING CODE 6450–01–P
DEPARTMENT OF ENERGY
Southeastern Power Administration
Notice of Interim Approval of Rate
Schedules for Cumberland System
Southeastern Power
Administration, DOE.
ACTION: Notice of interim approval.
AGENCY:
The Administrator for the
Southeastern Power Administration
(Southeastern) has confirmed and
approved, on an interim basis, new rate
schedules CBR–1–J, CSI–1–J, CEK–1–J,
CM–1–J, CC–1–K, CK–1–J, CTV–1–J,
CTVI–1–C, and Replacement–3. The rate
schedules are approved on an interim
basis through September 30, 2025, and
are subject to confirmation and approval
by the Federal Energy Regulatory
Commission (FERC) on a final basis.
DATES: The approval of rates on an
interim basis is effective October 1,
2020.
khammond on DSKJM1Z7X2PROD with NOTICES
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
Cathy Stillson, Power Marketing
Advisor, Finance and Marketing,
Southeastern Power Administration,
U.S. Department of Energy, 1166 Athens
Tech Road, Elberton, Georgia 30635–
6711, (706) 213–3847; Email:
Cathy.Stillson@sepa.doe.gov.
17:09 Aug 26, 2020
Jkt 250001
196,500
FERC, by
order issued May 6, 2016, 155 FERC
¶ 62,092, confirmed and approved Rate
Schedules CBR–1–I, CSI–1–I, CEK–1–I,
CM–1–I, CC–1–J, CK–1–I, CTV–1–I,
CTVI–1–B and Replacement–3 for the
period from October 1, 2015, to
September 30, 2020. This order replaces
these rate schedules on an interim basis,
subject to final approval by FERC.
The power marketing policy provides
peaking capacity, along with 1500
kilowatt-hours (kWh) of energy with
each kilowatt of capacity, to customers
outside the Tennessee Valley Authority
(TVA) transmission system.
A current repayment study using
present rates, under the original
marketing policy and the application of
an annual true-up adjustment, shows
that revenues will not be adequate to
meet repayment criteria. A revised
study shows that a revenue requirement
increase of $2,650,000, or about four
percent, would be adequate to meet
repayment criteria. The rate schedules
CBR–1–J, CSI–1–J, and CM–1–J, include
rates for customers who receive 1500
kWh of energy annually for each
kilowatt of capacity. The transmission
and scheduling arrangements under
each of these rate schedules are
different. Rate Schedule CEK–1–J is for
East Kentucky Power Cooperative,
which receives a fixed quantity of
energy annually from projects
connected to the TVA transmission
system plus the output of the Laurel
Project. Rate Schedule CK–1–J is for
customers in Kentucky who receive
1800 kWh of energy annually for each
kilowatt of capacity. Rate Schedule CC–
1–K is for customers on the Duke Energy
Progress, Western Division. Rate
Schedule CTV–1–J is for TVA and
Tennessee Valley Public Power
Association (TVPPA). Rate Schedule
CTVI–1–C is for customers inside the
TVA system who choose a power
supplier other than TVA. The rate
schedules continue adjustments
annually on April 1 of each year, based
on transfers of specific power
investment to plant-in-service for the
preceding Fiscal Year, to the base
demand charge and base additional
energy charge. The annual adjustment
will be, for each increase of $1,000,000
to specific power plant-in-service, an
SUPPLEMENTARY INFORMATION:
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.
VerDate Sep<11>2014
Capacity
allocation
Customer
PO 00000
Frm 00044
Fmt 4703
Sfmt 4703
Average
energy
439,743,400
52985
Cost
allocation
factor
(percent)
100.0000000
increase of $0.003 per kilowatt per
month added to the base capacity rate
and an increase of 0.013 mills per kWh
added to the base additional energy rate.
Southeastern will give written notice to
the customers of the amount of the trueup by February 1 of each year.
Signing Authority
This document of the Department of
Energy was signed on August 18, 2020,
by Virgil G. Hobbs, III, Administrator for
Southeastern Power Administration,
pursuant to delegated authority from the
Secretary of Energy. That document,
with the original signature and date, is
maintained by DOE. For administrative
purposes only, and in compliance with
requirements of the Office of the Federal
Register, the undersigned DOE Federal
Register Liaison Officer has been
authorized to sign and submit the
document in electronic format for
publication, as an official document of
the Department of Energy. This
administrative process in no way alters
the legal effect of this document upon
publication in the Federal Register.
Signed in Washington, DC, on August 21,
2020.
Treena V. Garrett,
Federal Register Liaison Officer, U.S.
Department of Energy.
Department of Energy
Administrator, Southeastern Power
Administration
In the Matter of:
Southeastern Power Administration
Cumberland System Power Rates
Rate Order No. SEPA–64
Order Confirming and Approving
Power Rates on an Interim Basis
Pursuant to Section 302(a) of the
Department of Energy Organization Act
(Pub. L. 95–91, 42 U.S.C. 7152(a)), 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. 00–037.00B,
effective November 19, 2016, the
Secretary of Energy delegated to
Southeastern’s Administrator the
authority to develop power and
E:\FR\FM\27AUN1.SGM
27AUN1
]]>Agencies
[Federal Register Volume 85, Number 167 (Thursday, August 27, 2020)]
[Notices]
[Pages 52968-52985]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-18821]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF ENERGY
Southeastern Power Administration
Notice of Interim Approval of Rate Schedules for Kerr-Philpott
System
AGENCY: Southeastern Power Administration, Energy (DOE).
ACTION: Notice of interim approval.
-----------------------------------------------------------------------
SUMMARY: The Administrator for the Southeastern Power Administration
(Southeastern) has confirmed and approved, on an interim basis, new
rate schedules VA-1-D, VA-2-D, VA-3-D, VA-4-D, DEP-1-D, DEP-2-D, DEP-3-
D, DEP-4-D, AP-1-D, AP-2-D, AP-3-D, AP-4-D, NC-1-D, and Replacement-2-
C. 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, 2025, and are subject to confirmation and
approval by the Federal Energy Regulatory Commission (FERC) on a final
basis.
DATES: The approval of rates on an interim basis is effective October
1, 2020.
FOR FURTHER INFORMATION CONTACT: Cathy Stillson, Power Marketing
Advisor, Finance and Marketing, Southeastern Power Administration, U.S.
Department of Energy, 1166 Athens Tech Road, Elberton, Georgia 30635-
6711, (706) 213-3847; Email: [email protected].
SUPPLEMENTARY INFORMATION: FERC, by order issued February 24, 2016, 154
FERC ] 62,129, confirmed and approved 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, for the period October 1,
2015, through September 30, 2020. This order replaces these rate
schedules on an interim basis, subject to final approval by FERC.
Signing Authority
This document of the Department of Energy was signed on August 18,
2020, by Virgil G. Hobbs, III, Administrator for Southeastern Power
Administration, pursuant to delegated authority from the Secretary of
Energy. That document, with the original signature and date, is
maintained by DOE. For administrative purposes only, and in compliance
with requirements of the Office of the Federal Register, the
undersigned DOE Federal Register Liaison Officer has been authorized to
sign and submit the document in electronic format for publication, as
an official document of the Department of Energy. This administrative
process in no way alters the legal effect of this document upon
publication in the Federal Register.
Signed in Washington, DC, on August 21, 2020.
Treena V. Garrett,
Federal Register Liaison Officer, U.S. Department of Energy.
DEPARTMENT OF ENERGY
ADMINISTRATOR, SOUTHEASTERN POWER ADMINISTRATION
In the Matter of:
Southeastern Power Administration
Kerr-Philpott System Power Rates
Rate Order No. SEPA-63
Order Confirming and Approving Power Rates on an Interim Basis
Pursuant to Section 302(a) of the Department of Energy Organization
Act (Pub. L. 95-91, 42 U.S.C. 7152(a)), 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-
037.00B, effective November 19, 2016, 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 such rates into effect on an 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.
By Delegation Order No. 00-002.00S, effective January 15, 2020, the
Secretary of Energy also delegated the authority to confirm, approve,
and place such rates into effect on an interim basis to the Under
Secretary of Energy. By Redelegation Order No. 00-002.10E, effective
February 14, 2020, the Under Secretary of Energy further delegated the
authority to confirm, approve, and place such rates into effect on an
interim basis to the Assistant Secretary for Electricity. By
Redelegation Order No. 00-002.10-03, effective July 8, 2020, the
Assistant Secretary for Electricity further delegated the authority to
confirm, approve, and place such rates into effect on an interim basis
to the Administrator, Southeastern Power Administration. This rate is
issued by the Administrator, Southeastern Power Administration pursuant
to the authority delegated in Redelegation Order No. 00-002.10-03.
Background
Power from the Kerr-Philpott Projects is presently sold under
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. These rate schedules were approved by FERC on February
24, 2016, for a period ending September 30, 2020 (154 FERC ] 62,129).
Public Notice and Comment
Notice of proposed rates and opportunities for public review and
comment for the Kerr-Philpott System was published in the Federal
Register (85 FR 17572) on March 30, 2020. Southeastern proposed to
update and extend existing schedules of rates and charges applicable to
the sale of power from the Kerr Philpott System effective October 1,
2020, through September 30, 2025. The notice advised interested parties
of Southeastern's determination that holding a public information and
comment forum for this rate action, in accordance with 10 CFR
903.23(a), would not be necessary. Instead, Southeastern announced a
30-day
[[Page 52969]]
consultation and comment period to give the public an opportunity to
comment, with written comments due on or before April 29, 2020.
The proposed rate schedules extended the existing initial base rate
of $4.40 per kilowatt per month for capacity and the initial base rate
of 17.80 mills per kilowatt-hour charge for energy, which expire
September 30, 2020, through September 30, 2025. The rates are based on
a repayment study estimating the Kerr-Philpott System will produce the
following net revenue available for repayment (rounded to the nearest
$10,000):
------------------------------------------------------------------------
Estimated annual
net revenue Cumulative net
Fiscal year available for revenue available
repayment for repayment
------------------------------------------------------------------------
2020.............................. $200,000 $200,000
2021.............................. 2,560,000 2,760,000
2022.............................. 2,940,000 5,700,000
2023.............................. 2,360,000 8,060,000
2024.............................. 2,430,000 10,490,000
2025.............................. 2,130,000 12,620,000
2026.............................. 2,210,000 14,830,000
2027.............................. 2,310,000 17,140,000
2028.............................. 2,420,000 19,560,000
2029.............................. 2,530,000 22,090,000
------------------------------------------------------------------------
The proposed rates continue a true-up of the capacity and energy
rates based on the cumulative net revenue available for repayment from
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-hour. For every $100,000 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-hour, to be implemented April 1 of the next fiscal
year. The extension of rates and the continuation of the true-up based
on the updated amounts of cumulative net revenue available for
repayment ensure repayment within cost recovery criteria.
Public Comments
Southeastern received no comments in response to the ``Notice of
proposed rates and opportunities for public review and comment''
published in the Federal Register at 85 FR 17572 on March 30, 2020.
Discussion
System Repayment
An examination of Southeastern's revised system power repayment
study, prepared in March 2020 for the Kerr-Philpott System, shows that
with the proposed rates, all system power costs are repaid within the
appropriate repayment period and meet the cost recovery criteria set
forth in DOE Order 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.
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, as amended, the proposed action is not a major Federal action
for which preparation of an Environmental Impact Statement is required.
Determination Under Executive Order 12866
Southeastern 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.
Availability of Information
Information regarding these rates, including studies and other
supporting materials 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 redelegated
to me by the Assistant Secretary for Electricity, I hereby confirm and
approve on an interim basis, effective October 1, 2020, attached
Wholesale Power Rate Schedules VA-1-D, VA-2-D, VA-3-D, VA-4-D, DEP-1-D,
DEP-2-D, DEP-3-D, DEP-4-D, AP-1-D, AP-2-D, AP-3-D, AP-4-D, NC-1-D, and
Replacement-2-C. The Rate Schedules shall remain in effect on an
interim basis through September 30, 2025, unless such period is
extended or until FERC confirms and approves them or substitutes Rate
Schedules on a final basis.
Dated: August 18, 2020.
Virgil G. Hobbs, III,
Administrator, Southeastern Power Administration.
Wholesale Power Rate Schedule VA-1-D
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.
[[Page 52970]]
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
------------------------------------------------------------------------
2020.............................. $200,000 $200,000
2021.............................. 2,560,000 2,760,000
2022.............................. 2,940,000 5,700,000
2023.............................. 2,360,000 8,060,000
2024.............................. 2,430,000 10,490,000
2025.............................. 2,130,000 12,620,000
2026.............................. 2,210,000 14,830,000
2027.............................. 2,310,000 17,140,000
2028.............................. 2,420,000 19,560,000
2029.............................. 2,530,000 22,090,000
------------------------------------------------------------------------
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
$7.32 per kilowatt of total contract demand per month estimated as
of February 2020, is presented for illustrative purposes.
Ancillary Services
0.81 mills per kilowatt-hour of energy estimated as of February
2020, 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
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
$1.34 per kilowatt of total contract demand per month, as an
estimated cost as of February 2020.
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.
[[Page 52971]]
Wholesale Power Rate Schedule VA-2-D
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
------------------------------------------------------------------------
2020.............................. $200,000 $200,000
2021.............................. 2,560,000 2,760,000
2022.............................. 2,940,000 5,700,000
2023.............................. 2,360,000 8,060,000
2024.............................. 2,430,000 10,490,000
2025.............................. 2,130,000 12,620,000
2026.............................. 2,210,000 14,830,000
2027.............................. 2,310,000 17,140,000
2028.............................. 2,420,000 19,560,000
2029.............................. 2,530,000 22,090,000
------------------------------------------------------------------------
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
$7.32 per kilowatt of total contract demand per month estimated as
of February 2020, is presented for illustrative purposes.
Ancillary Services
0.81 mills per kilowatt-hour of energy estimated as of February
2020, 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
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
$1.34 per kilowatt of total contract demand per month, as an
estimated cost as of February 2020.
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
[[Page 52972]]
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-D
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
------------------------------------------------------------------------
2020.............................. $200,000 $200,000
2021.............................. 2,560,000 2,760,000
2022.............................. 2,940,000 5,700,000
2023.............................. 2,360,000 8,060,000
2024.............................. 2,430,000 10,490,000
2025.............................. 2,130,000 12,620,000
2026.............................. 2,210,000 14,830,000
2027.............................. 2,310,000 17,140,000
2028.............................. 2,420,000 19,560,000
2029.............................. 2,530,000 22,090,000
------------------------------------------------------------------------
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
0.81 mills per kilowatt-hour of energy estimated as of February
2020, 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
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
$1.34 per kilowatt of total contract demand per month, as an
estimated cost as of February 2020.
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 52973]]
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-D
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
------------------------------------------------------------------------
2020.............................. $200,000 $200,000
2021.............................. 2,560,000 2,760,000
2022.............................. 2,940,000 5,700,000
2023.............................. 2,360,000 8,060,000
2024.............................. 2,430,000 10,490,000
2025.............................. 2,130,000 12,620,000
2026.............................. 2,210,000 14,830,000
2027.............................. 2,310,000 17,140,000
2028.............................. 2,420,000 19,560,000
2029.............................. 2,530,000 22,090,000
------------------------------------------------------------------------
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
0.81 mills per kilowatt-hour of energy estimated as of February
2020, 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
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
$1.34 per kilowatt of total contract demand per month, as an
estimated cost as of February 2020.
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
[[Page 52974]]
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 DEP-1-D
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
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
------------------------------------------------------------------------
2020.............................. $200,000 $200,000
2021.............................. 2,560,000 2,760,000
2022.............................. 2,940,000 5,700,000
2023.............................. 2,360,000 8,060,000
2024.............................. 2,430,000 10,490,000
2025.............................. 2,130,000 12,620,000
2026.............................. 2,210,000 14,830,000
2027.............................. 2,310,000 17,140,000
2028.............................. 2,420,000 19,560,000
2029.............................. 2,530,000 22,090,000
------------------------------------------------------------------------
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
$1.5297 per kilowatt of total contract demand per month as of
February 2020, 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.
[[Page 52975]]
Tandem Transmission Charge
$1.34 per kilowatt of total contract demand per month, as an
estimated cost as of February 2020.
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.
Wholesale Power Rate Schedule DEP-2-D
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
------------------------------------------------------------------------
2020.............................. $200,000 $200,000
2021.............................. 2,560,000 2,760,000
2022.............................. 2,940,000 5,700,000
2023.............................. 2,360,000 8,060,000
2024.............................. 2,430,000 10,490,000
2025.............................. 2,130,000 12,620,000
2026.............................. 2,210,000 14,830,000
2027.............................. 2,310,000 17,140,000
2028.............................. 2,420,000 19,560,000
2029.............................. 2,530,000 22,090,000
------------------------------------------------------------------------
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
$1.5297 per kilowatt of total contract demand per month as of
February 2020, 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
[[Page 52976]]
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
$1.34 per kilowatt of total contract demand per month, as an
estimated cost as of February 2020.
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.
Wholesale Power Rate Schedule DEP-3-D
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
------------------------------------------------------------------------
2020.............................. $200,000 $200,000
2021.............................. 2,560,000 2,760,000
2022.............................. 2,940,000 5,700,000
2023.............................. 2,360,000 8,060,000
2024.............................. 2,430,000 10,490,000
2025.............................. 2,130,000 12,620,000
2026.............................. 2,210,000 14,830,000
2027.............................. 2,310,000 17,140,000
2028.............................. 2,420,000 19,560,000
2029.............................. 2,530,000 22,090,000
------------------------------------------------------------------------
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
$1.34 per kilowatt of total contract demand per month, as an
estimated cost as of February 2020.
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
[[Page 52977]]
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) percent. 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-D
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
------------------------------------------------------------------------
2020.............................. $200,000 $200,000
2021.............................. 2,560,000 2,760,000
2022.............................. 2,940,000 5,700,000
2023.............................. 2,360,000 8,060,000
2024.............................. 2,430,000 10,490,000
2025.............................. 2,130,000 12,620,000
2026.............................. 2,210,000 14,830,000
2027.............................. 2,310,000 17,140,000
2028.............................. 2,420,000 19,560,000
2029.............................. 2,530,000 22,090,000
------------------------------------------------------------------------
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
$1.34 per kilowatt of total contract demand per month, as an
estimated cost as of February 2020.
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
[[Page 52978]]
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-D
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
------------------------------------------------------------------------
2020.............................. $200,000 $200,000
2021.............................. 2,560,000 2,760,000
2022.............................. 2,940,000 5,700,000
2023.............................. 2,360,000 8,060,000
2024.............................. 2,430,000 10,490,000
2025.............................. 2,130,000 12,620,000
2026.............................. 2,210,000 14,830,000
2027.............................. 2,310,000 17,140,000
2028.............................. 2,420,000 19,560,000
2029.............................. 2,530,000 22,090,000
------------------------------------------------------------------------
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
$7.32 per kilowatt of total contract demand per month estimated as
of February 2020, is presented for illustrative purposes.
Ancillary Services
0.81 mills per kilowatt-hour of energy estimated as of February
2020, 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
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
$1.34 per kilowatt of total contract demand per month, as an
estimated cost as of February 2020.
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) in the month incurred.
[[Page 52979]]
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 AP-2-D
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
------------------------------------------------------------------------
2020.............................. $200,000 $200,000
2021.............................. 2,560,000 2,760,000
2022.............................. 2,940,000 5,700,000
2023.............................. 2,360,000 8,060,000
2024.............................. 2,430,000 10,490,000
2025.............................. 2,130,000 12,620,000
2026.............................. 2,210,000 14,830,000
2027.............................. 2,310,000 17,140,000
2028.............................. 2,420,000 19,560,000
2029.............................. 2,530,000 22,090,000
------------------------------------------------------------------------
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
$7.32 per kilowatt of total contract demand per month estimated as
of February 2020, is presented for illustrative purposes.
Ancillary Services
0.81 mills per kilowatt-hour of energy estimated as of February
2020, 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
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
$1.34 per kilowatt of total contract demand per month, as an
estimated cost as of February 2020.
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
[[Page 52980]]
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) 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 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-D
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:
------------------------------------------------------------------------
Estimated annual
net revenue Cumulative net
Fiscal year available for revenue available
repayment for repayment
------------------------------------------------------------------------
2020.............................. $200,000 $200,000
2021.............................. 2,560,000 2,760,000
2022.............................. 2,940,000 5,700,000
2023.............................. 2,360,000 8,060,000
2024.............................. 2,430,000 10,490,000
2025.............................. 2,130,000 12,620,000
2026.............................. 2,210,000 14,830,000
2027.............................. 2,310,000 17,140,000
2028.............................. 2,420,000 19,560,000
2029.............................. 2,530,000 22,090,000
------------------------------------------------------------------------
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
0.81 mills per kilowatt-hour of energy estimated as of February
2020, 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
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
[[Page 52981]]
recovered through a capacity charge or an energy charge, as determined
by the Government.
Tandem Transmission Charge
$1.34 per kilowatt of total contract demand per month, as an
estimated cost as of February 2020.
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) 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 AP-4-D
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
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
------------------------------------------------------------------------
2020.............................. $200,000 $200,000
2021.............................. 2,560,000 2,760,000
2022.............................. 2,940,000 5,700,000
2023.............................. 2,360,000 8,060,000
2024.............................. 2,430,000 10,490,000
2025.............................. 2,130,000 12,620,000
2026.............................. 2,210,000 14,830,000
2027.............................. 2,310,000 17,140,000
2028.............................. 2,420,000 19,560,000
2029.............................. 2,530,000 22,090,000
------------------------------------------------------------------------
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
0.81 mills per kilowatt-hour of energy estimated as of February
2020, 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
[[Page 52982]]
upon the determination in proceedings before 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
$1.34 per kilowatt of total contract demand per month, as an
estimated cost as of February 2020.
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) 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 NC-1-D
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
------------------------------------------------------------------------
2020.............................. $200,000 $200,000
2021.............................. 2,560,000 2,760,000
2022.............................. 2,940,000 5,700,000
2023.............................. 2,360,000 8,060,000
2024.............................. 2,430,000 10,490,000
2025.............................. 2,130,000 12,620,000
2026.............................. 2,210,000 14,830,000
2027.............................. 2,310,000 17,140,000
2028.............................. 2,420,000 19,560,000
2029.............................. 2,530,000 22,090,000
------------------------------------------------------------------------
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
[[Page 52983]]
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
$7.32 per kilowatt of total contract demand per month estimated as
of February 2020, is presented for illustrative purposes.
Ancillary Services
0.81 mills per kilowatt-hour of energy estimated as of February
2020, 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
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
$1.34 per kilowatt of total contract demand per month, as an
estimated cost as of February 2020.
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 Virginia 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 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.
----------------------------------------------------------------------------------------------------------------
Capacity Cost allocation
Contract Number 89-00-1501- Customer allocation Average energy factor (percent)
----------------------------------------------------------------------------------------------------------------
1230............................ Albemarle EMC........... 2,593 6,978,071 1.5868510
1221............................ B-A-R-C EC.............. 3,740 10,099,971 2.2967870
853............................. Brunswick EMC........... 3,515 10,069,899 2.2899490
854............................. Carteret-Craven EMC..... 2,679 7,674,895 1.7453120
869............................. Carteret-Craven EMC..... 56 42,281 0.0096150
855............................. Central EMC............. 1,239 3,549,532 0.8071830
1220............................ Central Virginia EC..... 7,956 21,618,671 4.9162010
1203............................ City of Bedford......... 1,200 906,166 0.2060670
1204............................ City of Danville........ 5,600 4,228,775 0.9616460
895............................. City of Elizabeth City.. 2,073 1,565,205 0.3559360
[[Page 52984]]
1215............................ City of Franklin........ 1,003 754,359 0.1715450
878............................. City of Kinston......... 1,466 1,106,893 0.2517130
880............................. City of Laurinburg...... 415 313,343 0.0712560
881............................. City of Lumberton....... 895 675,764 0.1536720
1205............................ City of Martinsville.... 1,600 1,208,222 0.2747560
882............................. City of New Bern........ 1,204 909,072 0.2067280
1206............................ City of Radford......... 1,300 981,575 0.2232150
885............................. City of Rocky Mount..... 2,538 1,916,300 0.4357770
1208............................ City of Salem........... 2,200 1,661,127 0.3777490
892............................. City of Washington...... 2,703 2,040,882 0.4641070
889............................. City of Wilson.......... 2,950 2,227,377 0.5065170
1222............................ Community EC............ 4,230 11,439,200 2.6013350
1211............................ Craig-Botetourt EC...... 1,692 4,593,320 1.0445460
1231............................ Edgecombe-Martin County 4,155 11,327,753 2.5759920
EMC.
875............................. Fayetteville Public 5,431 4,100,640 0.9325070
Works Commission.
856............................. Four County EMC......... 4,198 12,026,581 2.7349090
891............................. Greenville Utilities 7,534 5,688,496 1.2935940
Commission.
857............................. Halifax EMC............. 585 1,675,929 0.3811150
1232............................ Halifax EMC............. 2,021 5,499,876 1.2507010
1216............................ Harrisonburg Electric 2,691 2,050,360 0.4662630
Commission.
858............................. Jones-Onslow EMC........ 5,184 14,851,310 3.3772670
859............................. Lumbee River EMC........ 3,729 10,682,974 2.4293650
1223............................ Mecklenburg EMC......... 11,344 30,927,112 7.0329910
1224............................ Northern Neck EC........ 3,944 10,613,786 2.4136320
1225............................ Northern Virginia EC.... 3,268 8,910,499 2.0262950
860............................. Pee Dee EMC............. 2,968 8,502,833 1.9335900
861............................. Piedmont EMC............ 1,086 3,111,400 0.7075490
862............................. Pitt & Greene EMC....... 1,580 4,526,441 1.0293370
1226............................ Prince George EC........ 2,530 6,808,541 1.5482990
863............................. Randolph EMC............ 3,608 10,336,328 2.3505360
1227............................ Rappahannock EC......... 22,427 60,687,959 13.8007690
1233............................ Roanoke EMC............. 5,528 14,963,086 3.4026860
1228............................ Shenandoah Valley EMC... 9,938 27,049,304 6.1511560
864............................. South River EMC......... 6,119 17,529,931 3.9864000
1229............................ Southside EC............ 14,575 39,223,111 8.9195450
865............................. Tideland EMC............ 680 1,948,088 0.4430060
1234............................ Tideland EMC............ 2,418 6,579,856 1.4962940
870............................. Town of Apex............ 145 109,482 0.0248970
871............................. Town of Ayden........... 208 157,049 0.0357140
893............................. Town of Belhaven........ 182 137,418 0.0312500
872............................. Town of Benson.......... 120 90,605 0.0206040
1212............................ Town of Blackstone...... 389 292,568 0.0665320
873............................. Town of Clayton......... 161 121,562 0.0276440
1213............................ Town of Culpepper....... 391 297,916 0.0677480
894............................. Town of Edenton......... 775 585,159 0.1330680
1214............................ Town of Elkton.......... 171 128,609 0.0292460
1218............................ Town of Enfield......... 259 194,810 0.0443010
874............................. Town of Farmville....... 237 178,946 0.0406930
876............................. Town of Fremont......... 60 45,303 0.0103020
896............................. Town of Hamilton........ 40 30,202 0.0068680
897............................. Town of Hertford........ 203 153,274 0.0348550
898............................. Town of Hobgood......... 46 34,732 0.0078980
877............................. Town of Hookerton....... 30 22,651 0.0051510
879............................. Town of La Grange....... 93 70,219 0.0159680
868............................. Town of Louisburg....... 857 2,455,632 0.5584240
883............................. Town of Pikeville....... 40 30,202 0.0068680
884............................. Town of Red Springs..... 117 88,340 0.0200890
1207............................ Town of Richlands....... 500 377,569 0.0858610
899............................. Town of Robersonville... 232 175,170 0.0398350
900............................. Town of Scotland Neck... 304 229,533 0.0521970
886............................. Town of Selma........... 183 138,173 0.0314210
887............................. Town of Smithfield...... 378 285,407 0.0649030
901............................. Town of Tarboro......... 2,145 1,619,568 0.3682980
888............................. Town of Wake Forest..... 149 112,501 0.0255830
1217............................ Town of Wakefield....... 106 79,723 0.0181290
1219............................ Town of Windsor......... 331 248,946 0.0566120
866............................. Tri-County EMC.......... 3,096 8,869,532 2.0169790
867............................. Wake EMC................ 2,164 6,199,505 1.4098010
-----------------------------------------------------
[[Page 52985]]
Total....................... ........................ 196,500 439,743,400 100.0000000
----------------------------------------------------------------------------------------------------------------
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. 2020-18821 Filed 8-26-20; 8:45 am]
BILLING CODE 6450-01-P
