[Federal Register Volume 62, Number 85 (Friday, May 2, 1997)]
[Notices]
[Pages 24104-24105]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-11447]
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DEPARTMENT OF ENERGY
Southeastern Power Administration
Proposed Rate Adjustment
AGENCY: Southeastern Power Administration (Southeastern), DOE.
ACTION: Notice of rate order.
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SUMMARY: The Deputy Secretary of the Department of Energy confirmed and
approved, on an interim basis, Rate
[[Page 24105]]
Schedule SJ-1. The rate was approved on an interim basis through June
30, 1999, and is subject to confirmation and approval by the Federal
Regulatory Commission on a final basis.
DATES: Approval of rate on an interim basis is effective through June
30, 1999.
FOR FURTHER INFORMATION CONTACT: Leon Jourolmon, Assistant
Administrator, Finance & Marketing, Southeastern Power Administration,
Department of Energy, Samuel Elbert Building, 2 South Public Square,
Elberton, Georgia 30635-2496, (706) 213-3800.
SUPPLEMENTARY INFORMATION: The Federal Energy Regulatory Commission by
Order issued December 14, 1994, in Docket No. EF94-3021-000, confirmed
and approved Wholesale Power Rate Schedules CC-1-D, CM-1-C, CEK-1-C,
CSI-1-C, CTV-1-C, CK-1-C, and CBR-1-C through June 30, 1999. This order
includes the Wholesale Power Rate Schedule SJ-1 for the sale of power
from the Stonewall Jackson Project.
Issued in Washington, D.C., April 24, 1997.
Charles B. Curtis,
Deputy Secretary.
Department of Energy
Deputy Secretary
[Rate Order No. SEPA-36]
Southeastern Power Administration--Cumberland System Power Rates, Order
Confirming and Approving Power Rates on an Interim Basis
Pursuant to Sections 302(a) and 301(b) of the Department of
Energy Organization Act, Pub. L. 95-91, the functions of the
Secretary of the Interior and the Federal Power Commission under
Section 5 of the Flood Control Act of 1944, 16 USC 825s, relating to
the Southeastern Power Administration (Southeastern) were
transferred to and vested in the Secretary of Energy. By Delegation
Order No. 0204-108, effective May 30, 1986, 51 FR 19744 (May 30,
1986), the Secretary of Energy delegated to the Administrator the
authority to develop power and transmission rates, and delegated to
the Under Secretary the authority to confirm, approve, and place in
effect such rates on an interim basis, and delegated to the Federal
Energy Regulatory Commission (FERC) the authority to confirm and
approve on a final basis or to disapprove rates developed by the
Administrator under the delegation. On November 4, 1993, the
Secretary of Energy issued Amendment No. 3 to Delegation Order No.
0204-108, granting the Deputy Secretary authority to confirm,
approve, and place into effect Southeastern's rates on an interim
basis. This rate is issued by the Deputy Secretary pursuant to said
notice.
Background
Power from the Cumberland System is presently sold under
Wholesale Power Rate Schedules CC-1-D, CM-1-C, CEK-1-C, CSI-1-C,
CTV-1-C, CK-1-C, and CBR-1-C. These rate schedules were approved by
the FERC on December 14, 1994, for a period ending June 30, 1999.
Public Notice and Comment
Southeastern prepared a Power Repayment Study dated October 1996
for the Cumberland System which showed that revenues at current
rates and including the proposed Stonewall Jackson Projects rate
were adequate to meet repayment criteria. On August 26, 1996, by
Federal Register Notice 61 FR 43760, Southeastern proposed to
include the Stonewall Jackson Project in the Cumberland System. The
Notice also gave the opportunity for review and comment, with a
deadline for the written comments on September 27, 1996.
Southeastern received no written comments.
Discussion
System Repayment
An examination of Southeastern's revised system power repayment
study, prepared in October 1996, for the Cumberland System shows
that with the proposed rates, all system power costs are paid within
the 50-year repayment period required by existing law and DOE
Procedure RA 6120.2. The Administrator of Southeastern 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 rate would not significantly affect the quality
of the human environment within the meaning of the National
Environmental Policy Act of 1969, the proposed action is not a major
Federal action for which preparation of an Environmental Impact
Statement is required.
Availability of Information
Information regarding these rates, including studies, and other
supporting materials is available for public review in the offices
of Southeastern Power Administration, Samuel Elbert Building, 2
South Public Square, Elberton, Georgia 30635, and in the Power
Marketing Liaison Office, James Forrestal Building, 1000
Independence Avenue, SW., Washington, DC 20585.
Submission to the Federal Energy Regulatory Commission
The rate hereinafter confirmed and approved on an interim basis,
together with supporting documents, will be submitted promptly to
the Federal Energy Regulatory Commission for confirmation and
approval on a final basis ending no later than June 30, 1999.
Order
In view of the foregoing and pursuant to the authority delegated
to me by the Secretary of Energy, I hereby confirm and approve on an
interim basis, attached Wholesale Power Rate Schedule SJ-1. The Rate
Schedule shall remain in effect on an interim basis through June 30,
1999, or until the FERC confirms and approves it or a substitute
rate schedules on a final basis. By my action, I also approve, on an
interim basis, the inclusion of the Stonewall Jackson Project into
the Cumberland System of Projects for rate and repayment purposes.
Issued in Washington, D.C., April 24, 1997.
Charles B. Curtis,
Deputy Secretary.
[FR Doc. 97-11447 Filed 5-1-97; 8:45 am]
BILLING CODE 6450-01-P