[Federal Register Volume 59, Number 25 (Monday, February 7, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-2737]
[[Page Unknown]]
[Federal Register: February 7, 1994]
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DEPARTMENT OF ENERGY
Southeastern Power Administration
Cumberland System of Projects
AGENCY: Southeastern Power Administration (Southeastern), DOE.
ACTION: Notice.
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SUMMARY: Southeastern proposes to replace Rate Schedules CC-1-C, CK-1-
B, CM-1-B, CBR-1-B, CEK-1-B, CSI-1-B, and CTV-1-B currently applicable
to Cumberland Basin Projects power and seeks approval of new Rate
Schedules CC-1-D, CK-1-C, CM-1-C, CBR-1-C, CEK-1-C, CSI-1-C, and CTV-1-
C, for a 5-year period July 1, 1994, through June 30, 1999.
Opportunities will be available for interested persons to review
the present rates, to review the proposed rates and supporting studies,
to participate in a public forum and to submit written comments.
Southeastern will evaluate all comments received in this process.
DATES: Written comments are due on or before May 10, 1994. A public
information and comment forum will be held in Nashville, Tennessee, on
March 10, 1994. Persons desiring to speak at the forum should notify
Southeastern at least 4 days before the forum is scheduled, so that a
list of forum participants can be prepared. Others may speak if time
permits.
ADDRESSES: Five copies of written comments should be submitted to:
Administrator, Department of Energy, Southeastern Power Administration,
Samuel Elbert Building, Elberton, Georgia 30635. The public information
and comment forum for the Cumberland Basin Projects will begin at 10
a.m. on March 10, 1994, in room A135 U.S. Courthouse Annex, 801
Broadway, Nashville, Tennessee 37203.
FOR FURTHER INFORMATION CONTACT: Leon Jourolmon, Director, Power
Marketing Division, Department of Energy, Southeastern Power
Administration, Samuel Elbert Building, Elberton, Georgia 30635.
SUPPLEMENTARY INFORMATION: The Federal Energy Regulatory Commission
(FERC) by order issued September 26, 1989, in Docket No. EF89-3021-000
confirmed and approved Wholesale Power Rate Schedules CBR-1-B, CSI-1-B,
CM-1-B, CC-1-B, CK-1-B, CTV-1-B, and CC-1-C, applicable to Cumberland
Basin Projects' power for the period July 1, 1989, through June 30,
1994.
DISCUSSION: Existing rate schedules for the present Cumberland System
are predicated upon a May 1989 repayment study and other supporting
data all of which is contained in FERC Docket No. EF89-3021-000. The
current repayment study prepared in January of 1994 for the combined
Cumberland System shows that existing rates are not adequate to recover
all costs required by present repayment criteria.
A revised repayment study with a net $2,235,000 revenue increase in
each future year over the current repayment study demonstrates that all
costs are paid within their repayment life. The net additional
requirement amounts to a net 6 percent increase in revenues and is
primarily due to increased O&M costs at the generating projects. It is
proposed that revised rate schedules applicable to TVA (for the benefit
of preference customers served from the TVA System) and Other
Preference Customers of Southeastern contain the following unit rates:
TVA Rate Schedule
Capacity at the generator/kw/month............................. $1.181
Energy at the generator/kwh (mills)............................ 6.532
Other Customers Rate Schedules (Excluding Carolina Power &
Light Area):
Capacity delivered at interconnections with adjacent
utilities/kw/month.......................................... $1.791
Energy delivered at interconnections with adjacent utilities/
kwh (mills)................................................. 6.665
Customers served through the facilities of Carolina Power &
Light, Western Division (Rate Schedule CC-1-D)
Capacity delivered kw/month.................................. $2.039
Energy delivered kwh (mills)................................. 7.091
The referenced January 1994 current repayment study along with a
revised repayment study dated January 1994 and previous system
repayment studies are available for examination at the Samuel Elbert
Building, Elberton, Georgia 30635. Proposed Rate Schedules CC-1-D, CK-
1-C, CM-1-C, CBR-1-C, CSI-1-C, CEK-1-C, and CTV-1-C are also available.
Issued in Elberton, Georgia, January 31, 1994.
John A. McAllister, Jr.,
Administrator.
[FR Doc. 94-2737 Filed 2-4-94; 8:45 am]
BILLING CODE 6450-01-P