Falcon and Amistad Projects-Rate Order No. WAPA-216, 36813-36814 [2024-09665]
Download as PDF
Federal Register / Vol. 89, No. 87 / Friday, May 3, 2024 / Notices
Dated: April 26, 2024.
Debbie-Anne A. Reese,
Acting Secretary.
[FR Doc. 2024–09594 Filed 5–2–24; 8:45 am]
BILLING CODE 6717–01–P
DEPARTMENT OF ENERGY
Western Area Power Administration
Falcon and Amistad Projects—Rate
Order No. WAPA–216
Western Area Power
Administration, DOE.
ACTION: Notice of rate order extending
firm power formula rate.
AGENCY:
The extension of the Colorado
River Storage Project Management
Center’s (CRSP MC) existing Falcon and
Amistad projects’ firm power formula
rate has been confirmed, approved, and
placed into effect on an interim basis.
The existing formula rate under Rate
Schedule Falcon and Amistad Projects’
Firm Power Formula Rate is set to
expire on June 7, 2024. This rate
extension makes no change to the
existing formula rate and extends it
through June 7, 2029.
DATES: The extended formula rate under
Rate Schedule Falcon and Amistad
Projects’ Firm Power Formula Rate will
be placed into effect on an interim basis
on June 8, 2024.
FOR FURTHER INFORMATION CONTACT:
Rodney G. Bailey, CRSP Manager,
Colorado River Storage Project
Management Center, Western Area
Power Administration, P.O. Box 1800
South Rio Grande Drive, Montrose, CO
81401, or email: CRSPMC-rate-adj@
wapa.gov, or Tamala D. Gheller, Rates
Manager, Colorado River Storage Project
Management Center, Western Area
Power Administration, (970) 240–6545,
or email: gheller@wapa.gov.
SUPPLEMENTARY INFORMATION: Western
Area Power Administration (WAPA)
published a Federal Register notice
(Proposed FRN) on January 26, 2024 (89
FR 5226), proposing to extend the
existing formula rate under Rate
Schedule Falcon and Amistad Projects’
Firm Power Formula Rate. The
Proposed FRN also initiated a 30-day
public consultation and comment
period. The consultation and comment
period ended on February 26, 2024, and
the CRSP MC received no comments on
the proposed formula rate extension.
lotter on DSK11XQN23PROD with NOTICES1
SUMMARY:
Legal Authority
By Delegation Order No. S1–DEL–
RATES–2016, effective November 19,
2016, the Secretary of Energy delegated:
(1) the authority to develop power and
VerDate Sep<11>2014
18:11 May 02, 2024
Jkt 262001
transmission rates to the WAPA
Administrator; (2) the authority to
confirm, approve, and place such rates
into effect on an interim basis to the
Deputy Secretary of Energy; and (3) the
authority to confirm, approve, and place
into effect on a final basis, or to remand
or disapprove such rates, to the Federal
Energy Regulatory Commission (FERC).
By Delegation Order No. S1–DEL–S3–
2023, effective April 10, 2023, 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 for
Infrastructure. By Redelegation Order
No. S3–DEL–WAPA1–2023, effective
April 10, 2023, the Under Secretary for
Infrastructure further redelegated the
authority to confirm, approve, and place
such rates into effect on an interim basis
to WAPA’s Administrator. This
extension is issued under Redelegation
Order No. S3–DEL–WAPA1–2023 and
Department of Energy rate extension
procedures set forth in 10 CFR part
903.1
Following review of the CRSP MC’s
proposal, Rate Order No. WAPA–216 is
hereby confirmed, approved, and placed
into effect on an interim basis. This
extends, without adjustment, the
existing Rate Schedule Falcon and
Amistad Projects’ Firm Power Formula
Rate through June 7, 2029. WAPA will
submit Rate Order No. WAPA–216 and
the extended rate schedule to FERC for
confirmation and approval on a final
basis.
DEPARTMENT OF ENERGY
ADMINISTRATOR, WESTERN AREA
POWER ADMINISTRATION
In the Matter of: Western Area Power
Administration, Extension for the
Falcon and Amistad Projects’ Firm
Power Formula Rate, Rate Order No.
WAPA–216
Order Confirming, Approving, and
Placing the Falcon and Amistad
Projects’ Firm Power Formula Rate Into
Effect on an Interim Basis
The formula rate in Rate Order No.
WAPA–216 is established following
section 302 of the Department of Energy
(DOE) Organization Act (42 U.S.C.
7152).1
1 50 FR 37835 (Sept. 18, 1985) and 84 FR 5347
(Feb. 21, 2019).
1 This Act transferred to, and vested in, the
Secretary of Energy the power marketing functions
of the Secretary of the Department of the Interior
and the Bureau of Reclamation (Reclamation) under
the Reclamation Act of 1902 (ch. 1093, 32 Stat.
388), as amended and supplemented by subsequent
laws, particularly section 9(c) of the Reclamation
Project Act of 1939 (43 U.S.C. 485h(c)), and other
acts that specifically apply to the projects involved.
PO 00000
Frm 00065
Fmt 4703
Sfmt 4703
36813
By Delegation Order No. S1–DEL–
RATES–2016, effective November 19,
2016, the Secretary of Energy delegated:
(1) the authority to develop power and
transmission rates to the Western Area
Power Administration (WAPA)
Administrator; (2) the authority to
confirm, approve, and place such rates
into effect on an interim basis to the
Deputy Secretary of Energy; and (3) the
authority to confirm, approve, and place
into effect on a final basis, or to remand
or disapprove such rates, to the Federal
Energy Regulatory Commission (FERC).
By Delegation Order No. S1–DEL–S3–
2023, effective April 10, 2023, 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 for
Infrastructure. By Redelegation Order
No. S3–DEL–WAPA1–2023, effective
April 10, 2023, the Under Secretary for
Infrastructure further redelegated the
authority to confirm, approve, and place
such rates into effect on an interim basis
to WAPA’s Administrator. This
extension is issued under Redelegation
Order No. S3–DEL–WAPA1–2023 and
DOE rate extension procedures set forth
in 10 CFR part 903.2
Background
On June 20, 2019, FERC approved and
confirmed Rate Schedule Falcon and
Amistad Projects’ Firm Power Formula
Rate under Rate Order No. WAPA–186
on a final basis for a 5-year period
through June 7, 2024.3 This rate
schedule applies to firm energy sales.
Details about the rate schedule and the
formula rate are viewable on Colorado
River Storage Project Management
Center’s (CRSP MC) website at:
www.wapa.gov/about-wapa/regions/
crsp/rates/rate-order-216. The rate
continues the formula-based
methodology that includes an annual
update to the data in the rate formula,
which provides adequate revenue to
recover annual expenses, including
interest expense, and repay capital
investments within allowable time
periods. This formula rate ensures
repayment within the cost recovery
criteria set forth in DOE Order RA
6120.2.
Discussion
In accordance with 10 CFR 903.23(a),
the CRSP MC filed a notice in the
Federal Register on January 26, 2024,
proposing to extend, without
adjustment, Rate Schedule Falcon and
2 50 FR 37835 (Sept. 18, 1985) and 84 FR 5347
(Feb. 21, 2019).
3 Order Confirming and Approving Rate Schedule
on a Final Basis, FERC Docket No. EF19–3–000, 167
FERC ¶ 62,187 (2019).
E:\FR\FM\03MYN1.SGM
03MYN1
36814
Federal Register / Vol. 89, No. 87 / Friday, May 3, 2024 / Notices
Amistad Projects’ Firm Power Formula
Rate under Rate Order No. WAPA–216.4
The CRSP MC determined it was not
necessary to hold public information or
public comment forums on the
proposed formula rate extension but
provided a 30-day consultation and
comment period to give the public an
opportunity to comment on the
proposed extension. The consultation
and comment period ended on February
26, 2024, and the CRSP MC received no
comments on the proposed formula rate
extension.
Ratemaking Procedure Requirements
Environmental Compliance
WAPA has determined that this
action fits within the following
categorical exclusion listed in appendix
B to subpart D of 10 CFR 1021.410: B4.3
(Electric power marketing rate changes).
Categorically excluded projects and
activities do not require preparation of
either an environmental impact
statement or an environmental
assessment. A copy of the categorical
exclusion determination is available on
CRSP MC’s website at: www.wapa.gov/
about-wapa/regions/crsp/about-crsp/
environment/. Look for file titled,
‘‘Falcon-Amistad Projects Rate
Extension—(CX Determination 2024–
2029).’’
Determination Under Executive Order
12866
WAPA has an exemption from
centralized regulatory review under
Executive Order 12866; accordingly, no
clearance of this notice by the Office of
Management and Budget is required.
lotter on DSK11XQN23PROD with NOTICES1
Submission to the Federal Energy
Regulatory Commission
The provisional formula rate herein
confirmed, approved, and placed into
effect on an interim basis, together with
supporting documents, will be
submitted to FERC for confirmation and
final approval.
Order
In view of the above and under the
authority delegated to me, I hereby
confirm, approve, and place into effect,
on an interim basis, Rate Order No.
WAPA–216, which extends the existing
firm power formula rate under Rate
Schedule Falcon and Amistad Projects’
Firm Power Formula Rate through June
7, 2029. The rate will remain in effect
on an interim basis until: (1) FERC
confirms and approves of this extension
on a final basis; (2) a subsequent rate is
confirmed and approved; or (3) such
rate is superseded.
4 89
FR 5226 (2024).
VerDate Sep<11>2014
18:11 May 02, 2024
Jkt 262001
Signing Authority
This document of the Department of
Energy was signed on April 29, 2024, by
Tracey A. LeBeau, Administrator,
Western Area 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 April 30,
2024.
Treena V. Garrett,
Federal Register Liaison Officer, U.S.
Department of Energy.
capital replacements within the cost
recovery criteria set forth in DOE Order
RA 6120.2. Annual expenses generally
include operational expenses, such as
salaries and benefits as well as
incidental equipment costs. Equipment
replacements and maintenance beyond
recurring activities are considered
capital replacements; these costs, along
with the initial federal investment in the
Projects, are amortized with interest and
repaid to the U.S. Department of the
Treasury. A reconciliation of estimates
to actual expenses is accomplished at
the end of the rate period, and any
differences are included in the
following year’s revenue requirement.
Billing: WAPA bills the South Texas
Electric Cooperative, the sole customer
that takes service from the Projects, on
a monthly basis. Each monthly charge is
equal to one twelfth of the Projects’
annual rate installment, rounded to the
penny.
[FR Doc. 2024–09665 Filed 5–2–24; 8:45 am]
BILLING CODE 6450–01–P
Rate Schedule Falcon and Amistad
Projects’ Firm Power Formula Rate
United States Department of Energy
Western Area Power Administration
ENVIRONMENTAL PROTECTION
AGENCY
Colorado River Storage Project
Management Center
[EPA–HQ–OPP–2024–0058; FRL–11681–03–
OCSPP]
Falcon and Amistad Projects
Firm Power Formula Rate Calculation
(Approved Under Rate Order No.
WAPA–186)
Effective: The first day of the first full
billing period beginning on or after June
8, 1983, through June 7, 1988, or until
superseded by another formula,
whichever occurs earlier. Note:
Extension of this firm power formula
rate, for 5-year increments, was first
approved by the Federal Power
Commission, predecessor of the Federal
Energy Regulatory Commission (FERC),
on August 12, 1977. FERC has
subsequently approved the firm power
formula rate on July 20, 1988,
September 29, 1993, June 7, 1998,
January 31, 2005, December 17, 2009,
April 9, 2015, and June 20, 2019, for
service through June 7, 2024. [Note:
This rate schedule was extended by Rate
Order No. WAPA–216 through June 7,
2029.]
Available: In the area served by the
Falcon and Amistad Projects (Projects).
Applicable: To preference customers
who are under contract with Western
Area Power Administration (WAPA) to
receive electric service from the
Projects.
Formula Rate: The existing formula
rate provides sufficient revenue to
recover annual expenses, interest, and
PO 00000
Frm 00066
Fmt 4703
Sfmt 4703
Pesticide Product Registration;
Receipt of Applications for New Active
Ingredients March 2024
Environmental Protection
Agency (EPA).
ACTION: Notice.
AGENCY:
EPA has received applications
to register pesticide products containing
active ingredients not included in any
currently registered pesticide products.
Pursuant to the Federal Insecticide,
Fungicide, and Rodenticide Act
(FIFRA), EPA is hereby providing notice
of receipt and opportunity to comment
on these applications.
DATES: Comments must be received on
or before June 3, 2024.
ADDRESSES: Submit your comments,
identified by docket identification (ID)
number EPA–HQ–OPP–2024–0058,
through the Federal eRulemaking Portal
at https://www.regulations.gov. Follow
the online instructions for submitting
comments. Do not submit electronically
any information you consider to be
Confidential Business Information (CBI)
or other information whose disclosure is
restricted by statute. Additional
instructions on commenting and visiting
the docket, along with more information
about dockets generally, is available at
https://www.epa.gov/dockets.
SUMMARY:
E:\FR\FM\03MYN1.SGM
03MYN1
Agencies
[Federal Register Volume 89, Number 87 (Friday, May 3, 2024)]
[Notices]
[Pages 36813-36814]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-09665]
-----------------------------------------------------------------------
DEPARTMENT OF ENERGY
Western Area Power Administration
Falcon and Amistad Projects--Rate Order No. WAPA-216
AGENCY: Western Area Power Administration, DOE.
ACTION: Notice of rate order extending firm power formula rate.
-----------------------------------------------------------------------
SUMMARY: The extension of the Colorado River Storage Project Management
Center's (CRSP MC) existing Falcon and Amistad projects' firm power
formula rate has been confirmed, approved, and placed into effect on an
interim basis. The existing formula rate under Rate Schedule Falcon and
Amistad Projects' Firm Power Formula Rate is set to expire on June 7,
2024. This rate extension makes no change to the existing formula rate
and extends it through June 7, 2029.
DATES: The extended formula rate under Rate Schedule Falcon and Amistad
Projects' Firm Power Formula Rate will be placed into effect on an
interim basis on June 8, 2024.
FOR FURTHER INFORMATION CONTACT: Rodney G. Bailey, CRSP Manager,
Colorado River Storage Project Management Center, Western Area Power
Administration, P.O. Box 1800 South Rio Grande Drive, Montrose, CO
81401, or email: [email protected], or Tamala D. Gheller, Rates
Manager, Colorado River Storage Project Management Center, Western Area
Power Administration, (970) 240-6545, or email: [email protected].
SUPPLEMENTARY INFORMATION: Western Area Power Administration (WAPA)
published a Federal Register notice (Proposed FRN) on January 26, 2024
(89 FR 5226), proposing to extend the existing formula rate under Rate
Schedule Falcon and Amistad Projects' Firm Power Formula Rate. The
Proposed FRN also initiated a 30-day public consultation and comment
period. The consultation and comment period ended on February 26, 2024,
and the CRSP MC received no comments on the proposed formula rate
extension.
Legal Authority
By Delegation Order No. S1-DEL-RATES-2016, effective November 19,
2016, the Secretary of Energy delegated: (1) the authority to develop
power and transmission rates to the WAPA Administrator; (2) the
authority to confirm, approve, and place such rates into effect on an
interim basis to the Deputy Secretary of Energy; and (3) the authority
to confirm, approve, and place into effect on a final basis, or to
remand or disapprove such rates, to the Federal Energy Regulatory
Commission (FERC). By Delegation Order No. S1-DEL-S3-2023, effective
April 10, 2023, 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 for Infrastructure. By Redelegation Order No.
S3-DEL-WAPA1-2023, effective April 10, 2023, the Under Secretary for
Infrastructure further redelegated the authority to confirm, approve,
and place such rates into effect on an interim basis to WAPA's
Administrator. This extension is issued under Redelegation Order No.
S3-DEL-WAPA1-2023 and Department of Energy rate extension procedures
set forth in 10 CFR part 903.\1\
---------------------------------------------------------------------------
\1\ 50 FR 37835 (Sept. 18, 1985) and 84 FR 5347 (Feb. 21, 2019).
---------------------------------------------------------------------------
Following review of the CRSP MC's proposal, Rate Order No. WAPA-216
is hereby confirmed, approved, and placed into effect on an interim
basis. This extends, without adjustment, the existing Rate Schedule
Falcon and Amistad Projects' Firm Power Formula Rate through June 7,
2029. WAPA will submit Rate Order No. WAPA-216 and the extended rate
schedule to FERC for confirmation and approval on a final basis.
DEPARTMENT OF ENERGY
ADMINISTRATOR, WESTERN AREA POWER ADMINISTRATION
In the Matter of: Western Area Power Administration, Extension for the
Falcon and Amistad Projects' Firm Power Formula Rate, Rate Order No.
WAPA-216
Order Confirming, Approving, and Placing the Falcon and Amistad
Projects' Firm Power Formula Rate Into Effect on an Interim Basis
The formula rate in Rate Order No. WAPA-216 is established
following section 302 of the Department of Energy (DOE) Organization
Act (42 U.S.C. 7152).\1\
---------------------------------------------------------------------------
\1\ This Act transferred to, and vested in, the Secretary of
Energy the power marketing functions of the Secretary of the
Department of the Interior and the Bureau of Reclamation
(Reclamation) under the Reclamation Act of 1902 (ch. 1093, 32 Stat.
388), as amended and supplemented by subsequent laws, particularly
section 9(c) of the Reclamation Project Act of 1939 (43 U.S.C.
485h(c)), and other acts that specifically apply to the projects
involved.
---------------------------------------------------------------------------
By Delegation Order No. S1-DEL-RATES-2016, effective November 19,
2016, the Secretary of Energy delegated: (1) the authority to develop
power and transmission rates to the Western Area Power Administration
(WAPA) Administrator; (2) the authority to confirm, approve, and place
such rates into effect on an interim basis to the Deputy Secretary of
Energy; and (3) the authority to confirm, approve, and place into
effect on a final basis, or to remand or disapprove such rates, to the
Federal Energy Regulatory Commission (FERC). By Delegation Order No.
S1-DEL-S3-2023, effective April 10, 2023, 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 for Infrastructure.
By Redelegation Order No. S3-DEL-WAPA1-2023, effective April 10, 2023,
the Under Secretary for Infrastructure further redelegated the
authority to confirm, approve, and place such rates into effect on an
interim basis to WAPA's Administrator. This extension is issued under
Redelegation Order No. S3-DEL-WAPA1-2023 and DOE rate extension
procedures set forth in 10 CFR part 903.\2\
---------------------------------------------------------------------------
\2\ 50 FR 37835 (Sept. 18, 1985) and 84 FR 5347 (Feb. 21, 2019).
---------------------------------------------------------------------------
Background
On June 20, 2019, FERC approved and confirmed Rate Schedule Falcon
and Amistad Projects' Firm Power Formula Rate under Rate Order No.
WAPA-186 on a final basis for a 5-year period through June 7, 2024.\3\
This rate schedule applies to firm energy sales. Details about the rate
schedule and the formula rate are viewable on Colorado River Storage
Project Management Center's (CRSP MC) website at: www.wapa.gov/about-wapa/regions/crsp/rates/rate-order-216. The rate continues the formula-
based methodology that includes an annual update to the data in the
rate formula, which provides adequate revenue to recover annual
expenses, including interest expense, and repay capital investments
within allowable time periods. This formula rate ensures repayment
within the cost recovery criteria set forth in DOE Order RA 6120.2.
---------------------------------------------------------------------------
\3\ Order Confirming and Approving Rate Schedule on a Final
Basis, FERC Docket No. EF19-3-000, 167 FERC ] 62,187 (2019).
---------------------------------------------------------------------------
Discussion
In accordance with 10 CFR 903.23(a), the CRSP MC filed a notice in
the Federal Register on January 26, 2024, proposing to extend, without
adjustment, Rate Schedule Falcon and
[[Page 36814]]
Amistad Projects' Firm Power Formula Rate under Rate Order No. WAPA-
216.\4\ The CRSP MC determined it was not necessary to hold public
information or public comment forums on the proposed formula rate
extension but provided a 30-day consultation and comment period to give
the public an opportunity to comment on the proposed extension. The
consultation and comment period ended on February 26, 2024, and the
CRSP MC received no comments on the proposed formula rate extension.
---------------------------------------------------------------------------
\4\ 89 FR 5226 (2024).
---------------------------------------------------------------------------
Ratemaking Procedure Requirements
Environmental Compliance
WAPA has determined that this action fits within the following
categorical exclusion listed in appendix B to subpart D of 10 CFR
1021.410: B4.3 (Electric power marketing rate changes). Categorically
excluded projects and activities do not require preparation of either
an environmental impact statement or an environmental assessment. A
copy of the categorical exclusion determination is available on CRSP
MC's website at: www.wapa.gov/about-wapa/regions/crsp/about-crsp/environment/. Look for file titled, ``Falcon-Amistad Projects Rate
Extension--(CX Determination 2024-2029).''
Determination Under Executive Order 12866
WAPA has an exemption from centralized regulatory review under
Executive Order 12866; accordingly, no clearance of this notice by the
Office of Management and Budget is required.
Submission to the Federal Energy Regulatory Commission
The provisional formula rate herein confirmed, approved, and placed
into effect on an interim basis, together with supporting documents,
will be submitted to FERC for confirmation and final approval.
Order
In view of the above and under the authority delegated to me, I
hereby confirm, approve, and place into effect, on an interim basis,
Rate Order No. WAPA-216, which extends the existing firm power formula
rate under Rate Schedule Falcon and Amistad Projects' Firm Power
Formula Rate through June 7, 2029. The rate will remain in effect on an
interim basis until: (1) FERC confirms and approves of this extension
on a final basis; (2) a subsequent rate is confirmed and approved; or
(3) such rate is superseded.
Signing Authority
This document of the Department of Energy was signed on April 29,
2024, by Tracey A. LeBeau, Administrator, Western Area 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 April 30, 2024.
Treena V. Garrett,
Federal Register Liaison Officer, U.S. Department of Energy.
Rate Schedule Falcon and Amistad Projects' Firm Power Formula Rate
United States Department of Energy Western Area Power Administration
Colorado River Storage Project Management Center
Falcon and Amistad Projects
Firm Power Formula Rate Calculation (Approved Under Rate Order No.
WAPA-186)
Effective: The first day of the first full billing period beginning
on or after June 8, 1983, through June 7, 1988, or until superseded by
another formula, whichever occurs earlier. Note: Extension of this firm
power formula rate, for 5-year increments, was first approved by the
Federal Power Commission, predecessor of the Federal Energy Regulatory
Commission (FERC), on August 12, 1977. FERC has subsequently approved
the firm power formula rate on July 20, 1988, September 29, 1993, June
7, 1998, January 31, 2005, December 17, 2009, April 9, 2015, and June
20, 2019, for service through June 7, 2024. [Note: This rate schedule
was extended by Rate Order No. WAPA-216 through June 7, 2029.]
Available: In the area served by the Falcon and Amistad Projects
(Projects).
Applicable: To preference customers who are under contract with
Western Area Power Administration (WAPA) to receive electric service
from the Projects.
Formula Rate: The existing formula rate provides sufficient revenue
to recover annual expenses, interest, and capital replacements within
the cost recovery criteria set forth in DOE Order RA 6120.2. Annual
expenses generally include operational expenses, such as salaries and
benefits as well as incidental equipment costs. Equipment replacements
and maintenance beyond recurring activities are considered capital
replacements; these costs, along with the initial federal investment in
the Projects, are amortized with interest and repaid to the U.S.
Department of the Treasury. A reconciliation of estimates to actual
expenses is accomplished at the end of the rate period, and any
differences are included in the following year's revenue requirement.
Billing: WAPA bills the South Texas Electric Cooperative, the sole
customer that takes service from the Projects, on a monthly basis. Each
monthly charge is equal to one twelfth of the Projects' annual rate
installment, rounded to the penny.
[FR Doc. 2024-09665 Filed 5-2-24; 8:45 am]
BILLING CODE 6450-01-P