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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 -El <br />PAGE 25 <br />TECO: $610,721,792, which is adjusted by the jurisdictional separation factor, excluding <br />the GPIF reward and the revenue tax factor, but including the prior period true up <br />amounts. <br />ISSUE 13A: What are the appropriate adjustments to FPL's 2017 GPIF targets/ranges to <br />reflect the effects of the Indiantown transaction approved by the Commission <br />in Docket No. 160154 -EI? <br />STIPULATION: <br />At the time that FPL set its GPIF targets and ranges for the January 2017 through <br />December 2017 period, this Commission had not yet approved the Indiantown <br />transaction identified in Docket No. 20160154 -EI. By Order No. PSC-2016- <br />0506-FOF-EI,16 this Commission approved the Indiantown transaction. <br />Thereafter, FPL recalculated the 2017 GPIF targets and ranges to reflect the <br />effects of the Indiantown transaction approved by this Commission. <br />The appropriate adjustment to FPL's GPIF targets/ranges for the period January <br />through December 2017, is that the weighted system ANOHR target should be <br />7,263 Btu/kWh, slightly lower than the prior weighted system ANOHR target of <br />7,275. The weighted system EAF target of 86.2% remains unchanged. <br />FPL's revised GPIF targets/ranges that reflect the effects of the Indiantown <br />transaction approved by the Commission are shown in Table 13A-1 below: <br />Table 13A-1 <br />FPL's Revised GPIF Targets/Ranges for the period January -December, 2017 <br />Company <br />Plant/Unit <br />EAF <br />ANOHR <br />Target <br />Maximum <br />Target <br />Maximum <br />EAF <br />( % ) <br />EAF Savings <br />( % ) ($0001s) <br />ANOHR <br />BTU/KWH <br />ANOHR Savings <br />BTU/KWH ($000's) <br />Canaveral <br />79.4 <br />82.4 1,132 <br />6,661 <br />6,742 2,566 <br />Manatee 3 <br />70.9 <br />72.9 480 <br />6,962 <br />7,142 4,011 <br />Ft. Myers 2 <br />92.4 <br />94.9 921 <br />7,301 <br />7,512 8,452 <br />FPL <br />Martin 8 <br />72.9 <br />75.4 537 <br />6,977 <br />7,090 2,529 <br />St. Lucie 1 <br />93.6 <br />96.6 5,184 <br />10,401 <br />10,509 576 <br />St. Lucie 2 <br />83.7 <br />86.7 3,765 <br />10,278 <br />10,372 427 <br />Turkey <br />Point 3 <br />85.1 <br />88.1 3,830 <br />11,106 <br />11,286 730 <br />16 Order No. PSC-16-0506-FOF, issued November 2, 2016, in Docket No. 160154 -EI, In re: Petition for approval of <br />a purchase and sale agreement between Florida Power & Light Company and Calypso Energy Holdings, LLC, for <br />the ownership of the Indiantown Cogeneration LP and related power purchase aereement. <br />
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