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****PRELIMINARY AND TENTATIVE FINDINGS**** <br />Table 4 <br />2013 Average Wholesale Rate Comparison <br />$120.01) <br />$100.00 <br />$80.00 <br />$60.00 <br />$40.00 <br />$20.00 <br />$0.00 <br />IOU <br />Weighted <br />Average: <br />$57.38/MWh <br />—--- <br />FMPA ARP <br />Weighted Average: <br />$75.80/MWh <br />yp� 4' 10 ` " 6,69o�a� 4s' A') <br />a'►r, �'s�•d�°ate e,° o %a '� <br />o0. <br />e as %. ° 4o Goa <br />a Gt 0/45 ,tae <br />o0. �y�,4 • <br />mor a' <br />Note: (1) Duke Energy completed a merger with Progress Energy on duly 2, 2012. Upon completion of the transaction, the new entity <br />operates in Honda as Duke 1nergy Florida, Inc. <br />Source: Federal F.nergv Regulatory t;ommission's Form -1 and 11\11)..1 .\RP Invoices <br />One contributing factor to the higher FMPA wholesale costs is the increase in fixed costs. For the primary monthly <br />billing components invoiced to ARP members, Table 5 shows the weighted average cost per MWb over the last ten <br />years. Charges to individual ARP members may be above or below the average amounts based upon FMPA cost <br />allocations, member -owned capacity credits, and other factors. For example, for the month of September 2014, billed <br />amounts before credits ranged from a low of $75.28 per MAXI for one member to a high of $96.99 per M\V1h for <br />another member. <br />6 <br />8 <br />