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01/16/2018 (2)
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01/16/2018 (2)
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Last modified
1/11/2021 12:17:48 PM
Creation date
2/14/2018 2:36:13 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
01/16/2018
Meeting Body
Board of County Commissioners
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ORDER NO. PSC-2018-0028-FOF-EI ATTACHMENT A <br />DOCKET NO. 20180001 -EI <br />PAGE 21 <br />OPC's stipulation and settlement resolving all issues concerning the SJRPP <br />Transaction. The net impact of the SJRPP Transaction will be a reduction in <br />customer bills for 2018. At this point, FPL cannot prepare and file an updated <br />filing reflecting the SJRPP Transaction in time for parties to have a reasonable <br />opportunity to review it before the hearing scheduled in this docket on October <br />25-27, 2017. Therefore, FPL proposes to file a mid -course correction for the <br />impacts of the SJRPP Transaction by no later than November 17, 2017, to allow <br />ample time for Commission staff and parties to review and conduct discovery, if <br />any, before the mid -course correction is brought to this Commission for decision <br />at the February 6, 2018 Agenda Conference, with the intent that the revised Fuel <br />and Capacity factors go into effect on March 1, 2018. <br />ISSUE 3A: What amount should be refunded through the Fuel Clause to customers as a <br />result of the Florida Supreme Court's March 16, 2017 decision on the FPL <br />Interconnection Line project? <br />STIPULATION: <br />$221,415 shall be refunded through the Fuel Clause to customers as a result of the <br />Florida Supreme Court's March 16, 2017 decision on the FPL Interconnection <br />Line project. This amount includes all actual/estimated costs associated with the <br />FPL Interconnection Line project. Schedule E1 -b (Page 2 of 3 of Exhibit MC -1) <br />properly reflects the credit of $221,415 in purchased power costs for the FPL <br />Interconnection Line project for the period of January -December, 2017. <br />ISSUE 6: What are the appropriate actual benchmark levels for calendar year 2017 for <br />gains on non -separated wholesale energy sales eligible for a shareholder incentive? <br />STIPULATION: <br />The appropriate actual benchmark levels for calendar year 2017 for gains on non - <br />separated wholesale energy sales eligible for a shareholder incentive are as <br />follows: <br />DEF: $3,019,369. <br />FPL: Pursuant to the Stipulation and Settlement that was approved in Order No. PSC - <br />2016 -0560 -AS -EI, FPL revised its Incentive Mechanism program, which does not <br />rely upon the three-year average Shareholder Incentive Benchmark specified in <br />Order No. PSC -00 -1744 -PAA -EI. Setting the appropriate actual benchmark levels <br />for calendar year 2017 for gains on non -separated wholesale energy sales eligible <br />for a shareholder incentive is not applicable to FPL as part of its revised Incentive <br />Mechanism. <br />GULF: $872,163. <br />
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