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08/14/2018 (3)
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08/14/2018 (3)
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Last modified
1/19/2021 3:10:53 PM
Creation date
10/19/2018 2:38:23 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
08/14/2018
Meeting Body
Board of County Commissioners
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ORDER NO. PSC -2018 -0367 -TRF -EI <br />DOCKET NO. 20180084 -El <br />PAGE 4 <br />As discussed in above, we approve a revenue requirement totaling $200,488,588 for both <br />phases of the Citrus Combined Cycle Project. Consistent with Paragraph 14(b) of DEF's 2017 <br />Settlement, and as shown in Exhibit C of the petition, the requested total amount shall be applied <br />as a uniform percentage to all rate classes at 6.88 percent for Phase 1 and at 4.04 percent for <br />Phase 2. At these uniform percentage rates, a residential customer using 1,000 kWh per month <br />will see a bill increase of $3.59 for Phase 1 and $2.25 for Phase 2. The combined base rate <br />increase of $5.84 on a 1,000 kWh bill is $0.71 lower than the estimated increase stated in Docket <br />No. 20140110 -EI. <br />Customer Notification <br />DEF stated that it will notify its customers of the rate changes via bill inserts in their <br />August 2018 bill for Phase 1, and via bill inserts in their October 2018 bill for Phase 2.5 <br />Electronic bill customers will receive a link to the bill insert via email. The bill insert will also be <br />posted on DEF's website. <br />Conclusion <br />We grant Commission staff the administrative authority to approve tariffs and associated <br />charges that implement our approval regarding base rate inclusion of DEF's Citrus Combined <br />Cycle Project, which will be placed in service in two phases. The tariffs and associated charges <br />for Phase 1 shall go into effect with the first billing cycle in October 2018, and the tariffs and <br />associated charges for Phase 2 of the Citrus Combined Cycle Project shall go into effect with the <br />first billing cycle in December 2018. If the commercial in-service date of Phase 1 of the project <br />is delayed, the tariff shall become effective with the first billing cycle after Phase 1 is completed <br />and placed in commercial service. If Phase 2 is delayed, the tariff shall become effective with the <br />first billing cycle after Phase 2 is completed and placed in commercial service. If this Order is <br />protested, DEF shall implement the rates subject to refund pending the results of any subsequent <br />hearing. <br />Based on the foregoing, it is <br />ORDERED by the Florida Public Service Commission that Duke Energy Florida, LLC's <br />(DEF) 2018 GBRA for the Citrus Combined Cycle Project reflects, consistent with the 2017 <br />Settlement, the costs pursuant to which the need determination was granted. We therefore <br />approve inclusion in base rates the revenue requirement for the Citrus Combined Cycle Project. <br />It is further <br />ORDERED that Commission staff is granted the administrative authority to approve <br />tariffs and associated charges that implement our vote regarding the Citrus Combined Cycle <br />Project, which will be placed in service in two phases. The tariffs and associated charges for <br />Phase 1 shall go into effect with the first billing cycle in October 2018, and the tariffs and <br />associated charges for Phase 2 of the Citrus Combined Cycle Project shall go into effect with the <br />first billing cycle in December 2018. If the commercial in-service date of Phase 1 of the project <br />5 If the implementation of the tariff is delayed, the notice shall be delayed accordingly. <br />
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