[Federal Register Volume 67, Number 70 (Thursday, April 11, 2002)]
[Notices]
[Page 17686]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-8822]


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DEPARTMENT OF ENERGY

Southeastern Power Administration


Proposed Rate Adjustment for the Jim Woodruff Project

AGENCY: Southeastern Power Administration, DOE.

ACTION: Notice of public hearing and opportunities for review and 
comment.

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SUMMARY: Southeastern Power Administration (Southeastern) proposes new 
rate schedules JW-1-G and JW-2-D to replace Wholesale Power Rate 
Schedules JW-1-F and JW-2-C for a three-year period from September 20, 
2002 to September 19, 2005. Rate schedule JW-1-G is applicable to 
Southeastern power sold to existing preference customers in the Florida 
Power Corporation Service area. Rate schedule JW-2-D is applicable to 
Florida Power Corporation.
    Opportunities will be available for interested persons to review 
the present rates, the supporting studies and to participate in a 
hearing and to submit written comments. Southeastern will evaluate all 
comments received in this process.

DATES: Written comments are due on or before July 10, 2002. A public 
information and public comment forum will be held at the Doubletree 
Hotel Tallahassee, in Tallahassee, Florida, at 10:00 a.m. on May 16, 
2002. Persons desiring to speak at the forum must notify Southeastern 
at least seven (7) days before the forum is scheduled so that a list of 
forum participants can be prepared. Others present may speak if time 
permits. Persons desiring to attend the forum should notify 
Southeastern at least seven (7) days before the forum is scheduled. If 
Southeastern has not been notified by close of business on May 9, 2002, 
that at least one person intends to be present at the forum, the forum 
will be canceled with no further notice.

ADDRESSES: Written comments should be submitted to: Charles Borchardt, 
Administrator, Southeastern Power Administration, Department of Energy, 
1166 Athens Tech Road, Elberton, Georgia 30635-6711. The public comment 
Forum will meet at the Doubletree Hotel Tallahassee, 101 South Adams 
Street, Tallahassee, Florida, Phone (850) 224-5000.

FOR FURTHER INFORMATION CONTACT: Leon Jourolmon, Assistant 
Administrator, Finance and Marketing Division, Southeastern Power 
Administration, Department of Energy, 1166 Athens Tech Road, Elberton, 
Georgia 30635-6711, (706)213-3800.

SUPPLEMENTARY INFORMATION: Existing rate schedules are supported by a 
May 2000 Repayment Study and other supporting data contained in FERC 
Docket No. EF00-3031-000. A repayment study prepared in March 2002 
shows that the existing rates are not adequate to meet repayment 
criteria. A revised repayment study with a revenue increase of 
$331,000, or 5.7 percent, demonstrates that all costs are paid within 
their repayment life. The increase is primarily due to purchased power 
expenses associated with the rehabilitation of the project. 
Southeastern is proposing to raise rates to recover this additional 
$331,000.
    In the proposed rate schedule JW-1-G, which is available to 
preference customers, the capacity charge has been raised from $5.51 
per kilowatt per month to $5.79 per kilowatt per month. The energy 
charge has been increased from 15.46 mills per kilowatt-hour to 16.25 
mills per kilowatt-hour. Rate schedule JW-2-D, available to Florida 
Power Corporation, raises the rate from 63 percent of the Company's 
fuel cost to 70 percent of the Company's fuel cost.
    The studies are available for examination at 1166 Athens Tech Road, 
Elberton, Georgia, 30635-6711, as is the 2000 repayment study and the 
proposed Rate Schedules.

    Dated: March 27, 2002.
Charles A. Borchardt,
Administrator.
[FR Doc. 02-8822 Filed 4-10-02; 8:45 am]
BILLING CODE 6450-01-P