Laserfiche WebLink
ORDER NO. PSC-2021-0442-FOF-EI <br />DOCKET NO. 20210001 -EI <br />PAGE 9 <br />Fuel Clause precedent, as well as the consideration of recovering some, or all, of <br />these costs in the Company's base rates. Given the complexity of this analysis <br />and the current docket schedule, the parties agree to further discuss whether this <br />issue is appropriate for consideration in the 2022 Fuel Proceeding, or in the <br />Company's next base rate case. As such, the parties agree that a decision on this <br />issue is not necessary or appropriate at this time. The parties further agree that the <br />legal and/or consultant fees submitted for recovery in this docket will remain <br />subject to refund or true -up in the subsequent proceeding wherein they are <br />addressed pursuant to this stipulation. <br />Gulf Power Company <br />ISSUE 4A: Should the Commission approve. FPL's 2022 Risk Management Plan? <br />Stipulation: Yes. FPL and Gulf filed a single 2022 Risk Management Plan (RMP) applicable <br />to both utilities. The RMP, which was filed as Exhibit GJY-2(S), contains no <br />natural gas hedging transactions pursuant to the Settlement Agreement approved <br />in Docket No. 20210015 -EI. The RMP complies with the Hedging Guidelines <br />established by this Commission and should be approved. <br />Tampa Electric Company <br />ISSUE 5A: What was the total gain under TECO's Optimization Mechanism approved <br />by Order No. PSC -2017 -0456 -S -EI that TECO may recover for the period <br />January 2020 through December 2020, and how should that gain to be <br />shared between TECO and customers? <br />Stipulation: Total gains were $6,642,047. TECO customers receive $5,356,819 and TECO <br />receives $1,285,228. <br />ISSUE 5B: Should the Commission take any action related to the optimization <br />mechanism regarding pipeline capacity release gains or coal car leases for <br />the period of October 21, 2021, through December 31, 2021? <br />Stipulation: No. The Parties agree that TECO does not intend to engage in transactions <br />described in Paragraph 12(i) -(ii) of the proposed 2021 Settlement Agreement <br />during that time, and that no adjustment to Asset Optimization Mechanism <br />sharing is required (notwithstanding the 2017 Settlement Agreement). <br />Nevertheless, the Parties agree that to the extent circumstances change, sharing <br />can be trued-up/adjusted in a future proceeding. <br />GENERIC FUEL ADJUSTMENT ISSUES <br />91R <br />