[Federal Register Volume 81, Number 62 (Thursday, March 31, 2016)]
[Notices]
[Pages 18624-18625]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-07289]
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DEPARTMENT OF ENERGY
Southeastern Power Administration
Jim Woodruff Project
AGENCY: Southeastern Power Administration, DOE.
ACTION: Notice of proposed rate adjustment.
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SUMMARY: Southeastern proposes a new rate schedule JW-1-K to replace
Wholesale Power Rate Schedules JW-1-J for a five-year period from
October 1, 2016, to September 30, 2021. Rate schedule JW-1-K would be
applicable to Southeastern power sold to existing preference customers
in the Duke Energy Florida (formerly Florida Power Corporation) service
area. In addition, Southeastern proposes to extend Wholesale Power Rate
Schedules JW-2-F, applicable to Duke Energy Florida to September 30,
2021.
DATES: Written comments are due on or before June 29, 2016. A public
information and public comment forum will be held at 12:00 Noon,
Thursday, May 5, 2016. Persons desiring to speak at the forum are
requested to 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 also notify Southeastern at least seven (7)
days before the forum is scheduled. If Southeastern has not been
notified by close of business on April 28, 2016, that at least one
person intends to be present at the forum, the forum may be canceled
with no further notice.
ADDRESSES: Written comments should be submitted to: Kenneth E. Legg,
Administrator, Southeastern Power Administration, Department of Energy,
1166 Athens Tech Road, Elberton, Georgia 30635-6711. The public comment
forum will meet at the Jim Woodruff Project Site Managers Office
Conference Room, 2382 Boosterclub Road, Chattahoochee, FL 32324, Phone
(229) 662-2001.
FOR FURTHER INFORMATION CONTACT: Virgil G. Hobbs III, Southeastern
Power Administration, Department of Energy, 1166 Athens Tech Road,
Elberton, Georgia 30635-6711, Phone (706) 213-3800.
SUPPLEMENTARY INFORMATION: Existing rate schedules are supported by a
June 2011 Repayment Study and other supporting data contained in FERC
Docket No. EF11-12-000. A repayment study prepared in January 2016
shows that the existing rates are adequate to meet repayment criteria
and generate a surplus. Southeastern is proposing a rate reduction to
eliminate this surplus. A revised study with a revenue reduction of
$2,316,000 per year demonstrates the rates are adequate to meet
repayment criteria. The rate adjustment is a reduction of about 24
percent.
In the proposed rate schedule JW-1-K, which is available to
preference customers, the capacity charge would be reduced from $10.29
per kilowatt per month to $7.74 per kilowatt per month. The energy
charge would be reduced from 26.51 mills per kilowatt-hour to 20.44
mills per kilowatt-hour. Rate schedule JW-2-F, available to Duke Energy
Florida (DEF), would continue the current rate of 100 percent of DEF's
fuel cost.
In addition to the capacity and energy charges, each preference
customer will
[[Page 18625]]
continue to be charged for power purchased by Southeastern on behalf of
the preference customer. This pass-through will continue to be computed
as described in the current rate schedules, with the modification that
the billing cycle conforms to the calendar month. Previously, the
billing cycle occurred on the 20th of each month.
The proposed rate schedules are available for examination at 1166
Athens Tech Road, Elberton, Georgia, 30635-6711, as is the January 2016
repayment study.
Dated: March 28, 2016.
Kenneth E. Legg,
Administrator.
[FR Doc. 2016-07289 Filed 3-30-16; 8:45 am]
BILLING CODE 6450-01-P