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ORDER NO. PSC -2018 -0050 -TRF -EI DOCKET NO. 20170148 -EI PAGE 6 FLORIDA POWER & LIGHT COMPANY ATTACHMENT A Fil't#gh Revised Sheet No. 6.300 Cancels FFeuf&L fth Revised Sheet No. 6.300 INSTALLATION OF UNDERGROUND ELECTRIC DISTRIBUTION FACILITIES FOR THE CONVERSION OF OVERHEAD ELECTRIC DISTRIBUTION FACILITIES SECTION 12.1 DEFINITIONS APPLICANT - Any person, corporation, or entity capable of complying with the requirements of this tariff that has made a written request for underground electric distribution facilities in accordance with this tariff. CONVERSION - Any installation of underground electric distribution facilities where the underground facilities will be substituted for existing overhead electric distribution facilities, including relocations. CONTRIBUTION-IN-AID-OF-CONSTRUCTION(CIAC) — The CIAC to be paid by an Applicant under this tariff section shall be the result of the following formula: CIAC= 1) The estimated cost to install the requested underground facilities; + 2) The estimated cost to remove the existing overhead facilities; + 3) The net book value of the existing overhead facilities; - 4) The estimated cost that would be incurred to install new overhead facilities, in lieu of underground, to replace the existing overhead facilities (the "Hypothetical Overhead Facilities"); - - 5) The estimated salvage value of the existing overhead facilities to be removed; a + 6) The 30 -year net present value of the estimated non -storm, underground v. overhead operational costs differential, - 7) The 30 -year net present value of the estimated average Avoided Storm Restoration Costs ("ASRC") calculated as a percentage of the sum of lines 1) through 6). Simplified eligibility criteria for each ASRC Tier are summarized below. Applicants must enter into an Underground Facilities Conversion Agreement with the Company which provides full details on terms, conditions and compliance requirements. Tier Percentage Pole-LineMiles CustomerConversions Completion 1 * 25% 3 or more 100% 3 phases 2 10% 1 to <3 100% 3 phases 3 5% < 1 n/a n/a * The GAF Waiver will apply in lieu of Tier 1 ASRC for eligible conversions by Local Government Applicants. In calculating the Applicant's CIAC, elements 2, 3, and 5 of the CIAC formula above are to be excluded from CIAC due from an applicant who submits an application providing a binding notification that said applicant intends to convert existingnon-hardenedoverheadfeederfaci l itiestoundergroundfeederfaci lities. GAFWaiver For Applicants entering into an Underground Facilities Conversion Agreement — Governmental Adjustment Factor Waiver with the Company, the otherwise applicable CIAC amount, as calculated above, shall be reduced by the GAF Waiver. The amount of the GAF Waiver shall be calculated as follows: GAF Waiver = 25% x the otherwise applicable CIAC; + 75% x the ASRC (avoids double -counting the ASRC embedded in the otherwise applicable CIAC.) If the Applicant elects to construct and install all or part of the underground facilities, then for purposes of calculating the ASRC or the GAF Waiver amount only, the otherwise applicable CIAC shall be adjusted to add FPL's estimated cost for the Applicant - performed work. In addition, the Direct Engineering, Supervision, and Support (DESS) costs associated with this Applicant - performed work will be reduced by 20% from the amount that would have applied if FPL performed this work. DISTRIBUTION SYSTEM - Electric service facilities consisting of primary and secondary conductors, service drops, service laterals, conduits, transformers and necessary accessories and appurtenances for the furnishing of electric power at utilization voltage. SERVICE FACILITIES - The entire length of conductors between the distribution source, including any conduit and or risers at a pole or other structure or from transformers, from which only one point of service will result, and the first point of connection to the service entrance conductors at a weatherhead, in a terminal, or meter box outside the building wall; the terminal or meter box; and the meter. (Continued on Sheet No. 6.301) Issued by: S. E. Romig, Director, Rates and Tariffs Effective: n,r. h24 2nr c