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ORDER NO. PSC-2021-0442-FOF-EI <br />DOCKET NO. 20210001 -EI <br />PAGE 15 <br />Source: GPIF Target and Range Summary (Exhibit PAB-2, Document 1, Page 4 of 32). <br />FUEL FACTOR CALCULATION ISSUES <br />ISSUE 18: What are the appropriate projected net fuel and purchased power cost <br />recovery and Generating Performance Incentive amounts to be included in <br />the recovery factor for the period January 2022 through December 2022? <br />Stipulation: <br />DEF: $1,568,750,867 if the Rate Mitigation Plan is approved. $1,692,131,754 if the <br />Rate Mitigation Plan is denied. Both amounts include CEC Bill Credits and the <br />prior period true -up. <br />FPL/GULF: $3,824,311,080 including separate prior period true -ups for FPL and Gulf, FPL's <br />portion of Asset Optimization gains, FPL's 2022 SolarTogether Credit amount <br />and the unified GPIF reward. <br />FPUC: The appropriate projected net fuel and purchased power cost recovery and <br />Generating Performance Incentive amounts to be included in the recovery factor <br />for the period January 2022 through December 2022 is $46,449;725, which <br />includes prior period true -ups. <br />TECO: The projected net fuel and purchased power cost recovery amount to be included <br />in the recovery factor for the period January 2022 through December 2022, <br />adjusted by the jurisdictional -separation factor, is $598,798,451. The total <br />recoverable fuel and purchased power cost recovery amount to be collected, <br />including the true -up, optimization mechanism, and GPIF, adjusted for the <br />revenue tax factor, is $604,515,118. <br />ISSUE 19: What is the appropriate revenue tax factor to be applied in calculating each <br />investor-owned electric utility's levelized fuel factor for the projection period <br />January 2022 through December 2022? <br />Stipulation: <br />DEF: Pursuant to the 2021 Settlement approved in Order No. PSC -2021 -0202 -AS -EI, <br />DEF has removed the Regulatory Assessment Fee from the 2022 Projection Filing <br />and included it with the Gross Receipts Tax on customer bills. <br />FPL/GULF: The. revenue tax factor is comprised of the Regulatory Assessment Fee ("RAF"). <br />FPL's 2021 Settlement Agreement proposes to remove the RAF from base and <br />clause rates and collect it in the Gross Receipts Tax line item. As such, FPL's <br />unified 2022 FCR Factors do not include a revenue tax factor. <br />FPUC: The appropriate tax revenue factor is 1.00072. <br />iS4 <br />