[Federal Register Volume 59, Number 25 (Monday, February 7, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-2737]


[[Page Unknown]]

[Federal Register: February 7, 1994]


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DEPARTMENT OF ENERGY
Southeastern Power Administration

 

Cumberland System of Projects

AGENCY: Southeastern Power Administration (Southeastern), DOE.

ACTION: Notice.

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SUMMARY: Southeastern proposes to replace Rate Schedules CC-1-C, CK-1-
B, CM-1-B, CBR-1-B, CEK-1-B, CSI-1-B, and CTV-1-B currently applicable 
to Cumberland Basin Projects power and seeks approval of new Rate 
Schedules CC-1-D, CK-1-C, CM-1-C, CBR-1-C, CEK-1-C, CSI-1-C, and CTV-1-
C, for a 5-year period July 1, 1994, through June 30, 1999.
    Opportunities will be available for interested persons to review 
the present rates, to review the proposed rates and supporting studies, 
to participate in a public forum and to submit written comments. 
Southeastern will evaluate all comments received in this process.

DATES: Written comments are due on or before May 10, 1994. A public 
information and comment forum will be held in Nashville, Tennessee, on 
March 10, 1994. Persons desiring to speak at the forum should notify 
Southeastern at least 4 days before the forum is scheduled, so that a 
list of forum participants can be prepared. Others may speak if time 
permits.

ADDRESSES: Five copies of written comments should be submitted to: 
Administrator, Department of Energy, Southeastern Power Administration, 
Samuel Elbert Building, Elberton, Georgia 30635. The public information 
and comment forum for the Cumberland Basin Projects will begin at 10 
a.m. on March 10, 1994, in room A135 U.S. Courthouse Annex, 801 
Broadway, Nashville, Tennessee 37203.

FOR FURTHER INFORMATION CONTACT: Leon Jourolmon, Director, Power 
Marketing Division, Department of Energy, Southeastern Power 
Administration, Samuel Elbert Building, Elberton, Georgia 30635.

SUPPLEMENTARY INFORMATION: The Federal Energy Regulatory Commission 
(FERC) by order issued September 26, 1989, in Docket No. EF89-3021-000 
confirmed and approved Wholesale Power Rate Schedules CBR-1-B, CSI-1-B, 
CM-1-B, CC-1-B, CK-1-B, CTV-1-B, and CC-1-C, applicable to Cumberland 
Basin Projects' power for the period July 1, 1989, through June 30, 
1994.

DISCUSSION: Existing rate schedules for the present Cumberland System 
are predicated upon a May 1989 repayment study and other supporting 
data all of which is contained in FERC Docket No. EF89-3021-000. The 
current repayment study prepared in January of 1994 for the combined 
Cumberland System shows that existing rates are not adequate to recover 
all costs required by present repayment criteria.
    A revised repayment study with a net $2,235,000 revenue increase in 
each future year over the current repayment study demonstrates that all 
costs are paid within their repayment life. The net additional 
requirement amounts to a net 6 percent increase in revenues and is 
primarily due to increased O&M costs at the generating projects. It is 
proposed that revised rate schedules applicable to TVA (for the benefit 
of preference customers served from the TVA System) and Other 
Preference Customers of Southeastern contain the following unit rates: 

                           TVA Rate Schedule                            
Capacity at the generator/kw/month.............................   $1.181
Energy at the generator/kwh (mills)............................    6.532
Other Customers Rate Schedules (Excluding Carolina Power &              
 Light Area):                                                           
  Capacity delivered at interconnections with adjacent                  
   utilities/kw/month..........................................   $1.791
  Energy delivered at interconnections with adjacent utilities/         
   kwh (mills).................................................    6.665
Customers served through the facilities of Carolina Power &             
 Light, Western Division (Rate Schedule CC-1-D)                         
  Capacity delivered kw/month..................................   $2.039
  Energy delivered kwh (mills).................................   7.091 

    The referenced January 1994 current repayment study along with a 
revised repayment study dated January 1994 and previous system 
repayment studies are available for examination at the Samuel Elbert 
Building, Elberton, Georgia 30635. Proposed Rate Schedules CC-1-D, CK-
1-C, CM-1-C, CBR-1-C, CSI-1-C, CEK-1-C, and CTV-1-C are also available.

    Issued in Elberton, Georgia, January 31, 1994.
John A. McAllister, Jr.,
Administrator.
[FR Doc. 94-2737 Filed 2-4-94; 8:45 am]
BILLING CODE 6450-01-P