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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 75 <br />Attachment D <br />Agreement to implement both the base rate reduction as well as the company's SPPCRC cost <br />recovery factors. As explained inthe direct testimony of William R- Ashburn fled on July 24; 2020 <br />in this docket; the company used the, allocation 'factors from the 2013.Cost of Service. Study <br />prepared in Docket No. 20130040-E1 to develop the company's SPPCRC factors. W. Ashburn also <br />explains.that this methodology applied to the base rate reduction. <br />6. Second, Paragraph 11(b) states that the base rate reduction tnust "become effective <br />contetnparalteouswith the beginning of cost recovery via the SPPCRC." As explained in the direct <br />testimony of A- .Sloan L.eNvis and Mark R. Roche filed on July 24, 2020 in this docket, the base rate <br />reduction will begin concurrently with the inclusion of the SPPCRC factors on customer bills. <br />Finally, Par-agraph 11(b) requires Tantpa Electric to file the revised tariffs necessary <br />to implement'the one-time base rate reduction in this docket "on a schedule such that the necessary <br />customer notices can be given and the proposed base rate reduction can become effective <br />contemporaneous with the effective date -of cost recovery by the company under the SPPCRC." <br />The redline version of the proposed revised tariff sheets that will implement the one=time base rate <br />reduction are attached to this motion as Exhibit Onet: The clean version of the proposed revised <br />tariffsheets are attached as Exhibit Two. A schedule showing how :the base rate reduction was <br />allocated io rate class.is attached as Exhibit Three. A schedule showing.how base rate charges were <br />reduced based on those allocations are .included as Exhibit Four. Tampa Electric respectfully <br />re,'quests that the Commission :approve these revised tariff sheets at the same torte. it approves the <br />company's SPPCRC cost recovery factors, or earlier, if possible, which will enable the company to <br />complete the necessary customer notices in a timely maimer. <br />1 Although the one-time base rate reduction specified in the 2020 Agreement was $15,010,800, this amount was a total <br />company number and after applying, jurisdictional separation factors, the retail amount is $14,$76;225.7$, so the <br />tariffs attached as Exhibit One were prepared to reduce the company's retail revenues by $14,876.228.78 and the <br />remainder of thedecrease will be niade in conjunction with the company's 2021 wholesale rate filing. <br />2 <br />d 9s <br />
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