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07/14/2020 (2)
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07/14/2020 (2)
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Last modified
10/20/2020 11:25:10 AM
Creation date
10/20/2020 11:18:59 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
07/14/2020
Meeting Body
Board of County Commissioners
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ORDER NO. PSC -2020 -0293 -AS -EI <br />DOCKET NOS. 20200067 -EI, 20200069 -EI, <br />20200070 -EI, 20200071 -EI, 20200092 -EI <br />PAGE 59 <br />Attachment C <br />B. OP.0 filed the direct testimony -rand exhibits of 'Lane Kollen (Ex. Nos. 'LK -°1 thru <br />. <br />LK -3) and Scott Norwood (Ex. Nos, SN -1 `thru SN -3) and related exhibits add..ressin'Tampa. <br />Electric's ;SPP on May X26, 2020_ Walmart filed the direct testimony and exhibits of Steve W; <br />CHriss (Ex. No. SWC -1) and Lisa V. Perry (Ex. No. LVP4) on the same day. Tampa Electric <br />filed rebuttal testimony from witnesses `Haines, Lewis (and Ex. No. ASL -2) and DeStigter on June <br />26, 2020. <br />C. Tampa Electric filed a 2020 Settlement Agreement ("2020 !Agreement") for <br />approval in Docket Nos. 20200064 -EI, 20200065 -EI, °20200067 -EI; and 20200092�EI on May 4, <br />2020. 7`he Commission opened Docket No. 20200145-E1 to serve as a centralized docket for <br />consideration of all of the issues in the 2020 Agreement, <br />D. The centerpiece of the 2020.Agreemetit is A provision tinder which Tarnpa Electric <br />will reduce its base rates by an agreed-upon amount.(approxiinately $15 million) and will recover, <br />all of the costs (with limited exceptions) determined prudent by the Commission associated with <br />activities in its SPP (©&M expenses and capital projects) through the Storm Protection Plan Cost. <br />Recovery Clause("S' PPCRC'). Among other things, the 2020 Agreement was intended to <br />promotetransparency and ensure that the costs the company will recover through the SPPCRC do <br />not include costs being recovered through the utility's existing base rates or any other cost recovery <br />mechanism as required by Rule 25-6.031(6)(b), Florida Administrative Code; fit accord with <br />Section 366.96(8), Florida Statutes. The Commission approved the 2020 Agreement ,and <br />memorialized its idecision in Order No. PSC=2020=0224-AS-EI, dated June 30, 2020, in Docket <br />Nos. moo t45 -EI, et seq. <br />E. Paragraph 11(b) of the 2020 Agreement specifies the cost of service and rate design, <br />principals to be used for the approximately -$15 million base rate reduction and development of <br />2 <br />d:59 <br />
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