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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 39 <br />FPL shall file that mid -course correction by no later than November 17, 2017, <br />with the intent that the revised Fuel and Capacity factors go into effect on March <br />1, 2018. This stipulation is without prejudice as to the ultimate amount to be <br />recovered or refunded by FPL. <br />ISSUE 24B: Has FPL properly reflected in the capacity cost recovery clause the effects of <br />the Indiantown transaction approved by the Commission in Docket No. <br />160154 -EI? <br />STIPULATION: <br />Yes. In its 2017 CCR Actual/Estimated True -up filing (Exhibit RBD -4, Page 9 of <br />15), FPL reflected $89,421,413 in Total Recoverable Costs for the Indiantown <br />transaction for the Actual/Estimated period of January -December, 2017. <br />$50,166,667 of this amount is the Regulatory Asset related to the loss of the <br />Indiantown Purchase Power Agreement, and $39,254,746 is the amount for the <br />Total Return Requirements. <br />In its 2018 CCR Projection filing (Exhibit RBD -8, Appendix V, Page 14 of 29), <br />FPL reflected $84,768,867 in Total Recoverable Expenses for the Indiantown <br />transaction for the Estimated period of January -December, 2018. $50,166,667 of <br />this amount is the Regulatory Asset related to the loss of the Indiantown Purchase <br />Power Agreement, and $34,602,200 is the amount for the Total Return <br />Requirements. <br />ISSUE 24C: What are the appropriate Indiantown non -fuel base revenue requirements to <br />be recovered through the Capacity Clause pursuant to the Commission's <br />approval of the Indiantown transaction in Docket No. 160154 -EI for 2017 <br />and 2018? <br />STIPULATION: <br />In its 2017 CCR Actual/Estimated True -up filing (Exhibit RBD -4, Page 11 of 15), <br />FPL reflected $13,626,163 in Revenue Requirement Allocation for the <br />Indiantown transaction for the period of January -December, 2017. <br />In its 2018 CCR Projection filing (Exhibit RBD -8, Appendix V, Page 18 of 29), <br />FPL reflected $4,022,504 in Revenue Requirement Allocation for the Indiantown <br />transaction for the period of January -December, 2018. <br />
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