[Federal Register Volume 78, Number 36 (Friday, February 22, 2013)]
[Notices]
[Page 12308]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-04115]
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DEPARTMENT OF ENERGY
Western Area Power Administration
Washoe Project-Rate Order No. WAPA-160
AGENCY: Western Area Power Administration, DOE.
ACTION: Notice of Proposed Extension of Non-Firm Power Formula Rate.
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SUMMARY: This action is a proposal to extend the existing Washoe
Project, Stampede Powerplant (Stampede) non-firm power formula rate,
Schedule SNF-7, through September 30, 2017. The existing formula rate
will expire July 31, 2013.
DATES: By July 31, 2013, Western Area Power Administration (Western)
will publish in the Federal Register the final Notice of Extension and
Rate Order.
ADDRESSES: All documents that Western used to develop the proposed
Stampede non-firm power formula rate extension are available for
inspection and copying at the Sierra Nevada Customer Service Region,
located at 114 Parkshore Drive, Folsom, CA 95630-4710.
FOR FURTHER INFORMATION CONTACT: Ms. Regina Rieger, Rates Manager,
Sierra Nevada Customer Service Region, Western Area Power
Administration, 114 Parkshore Drive, Folsom, CA 95630-4710, (916) 353-
4629, email: [email protected].
SUPPLEMENTARY INFORMATION: By Delegation Order No. 00-037.00, effective
December 6, 2001, the Secretary of Energy delegated: (1) The authority
to develop power and transmission rates to Western's Administrator; (2)
the authority to confirm, approve, and place such rates into effect on
an interim basis to the Deputy Secretary of Energy; and (3) the
authority to confirm, approve, and place into effect on a final basis,
to remand or to disapprove such rates to the Federal Energy Regulatory
Commission (FERC).
FERC confirmed and approved the existing formula rate, contained in
Rate Order No. WAPA-136,\1\ on a final basis for 5 years through July
31, 2013.\2\ In accordance with 10 CFR 903.23(a), Western proposes to
extend the existing Stampede non-firm power formula rate without an
adjustment. The formula rate is applied annually after determining
Stampede's reimbursable expenses and revenue collected in accordance
with the Stampede Energy Exchange Services contract. Since the project
has no Federally-owned transmission, the contractor accepts delivery of
Stampede generation to serve project use obligations and pays Western
for energy received in excess of project use loads. Pursuant to Rate
Order No. WAPA-136, any remaining reimbursable expenses are transferred
to the Central Valley Project (CVP) for incorporation into the CVP
power revenue requirement. The existing formula rate methodology
collects annual revenue sufficient to recover annual expenses,
including interest, capital requirements, and timely deficit recovery,
thus ensuring repayment of the project within the cost recovery
criteria set forth in DOE Order RA 6120.2.
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\1\ 73 FR 42,565 (July 22, 2008).
\2\ See U.S. Dept. of Energy, Western Area Power Admin., Docket
No. EF08-5161-000, 127 FERC ] 62,043 (2009).
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The formula rate provides sufficient revenue to recover all
appropriate costs and the affiliated contract remains in effect through
December 31, 2024. Western proposes to extend the current rate schedule
through September 30, 2017, and will consider further extension as
determined necessary. Consistent with 10 CFR 903.23(a) for proposals to
extend but not otherwise change existing rates, Western will not hold a
consultation and comment period.
Thirty days after this notice is published, Western will take
further action on the proposed formula rate extension consistent with
10 CFR part 903.
Dated: February 12, 2013.
Anita J. Decker,
Acting Administrator.
[FR Doc. 2013-04115 Filed 2-21-13; 8:45 am]
BILLING CODE 6450-01-P