[Federal Register Volume 61, Number 190 (Monday, September 30, 1996)]
[Notices]
[Pages 51103-51104]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-24985]
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DEPARTMENT OF ENERGY
Southeastern Power Administration
Notice of Proposed Rate Extension
AGENCY: Southeastern Power Administration, DOE.
ACTION: Notice of extension.
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SUMMARY: The Deputy Secretary of the Department of Energy, confirmed
and approved, on an interim basis, Rate Schedules KP-1-D, JHK-2-B, JHK-
3-B, and PH-1-B for Kerr-Philpott System power. The rates were approved
on an interim basis through September 30, 2001, and are subject to
confirmation and approval by the Federal Regulatory Commission on a
final basis.
DATES: Approval of rates on an interim basis is effective October 1,
1996.
FOR FURTHER INFORMATION CONTACT: Leon Jourolmon, Assistant
Administrator, Finance & Marketing, Southeastern Power Administration,
Department of Energy, Samuel Elbert Building, 2 South Public Square,
Elberton, Georgia 30635-2496, (706) 213-3800.
SUPPLEMENTARY INFORMATION: The Federal Energy Regulatory Commission by
Order issued December 5, 1991, in Docket No. EF91-3041-000, confirmed
and approved Wholesale Power Rate Schedules KP-1-D, JHK-2-B, JHK-3-B,
and PH-1-B through September 30, 1996. This order extends these rate
schedules to September 30, 2001.
Issued at Washington, DC, September 23, 1996.
Charles B. Curtis,
Deputy Secretary.
In the Matter of: Southeastern Power Administration--Kerr-
Philpott System Power Rates.
[Rate Order No. SEPA-35]
Order Confirming and Approving Power Rates on an Interim Basis
Pursuant to Sections 302(a) and 301(b) of the Department of Energy
Organization Act, Public Law 95-91, the functions of the Secretary of
the Interior and the Federal Power Commission under Section 5 of the
Flood Control Act of 1944, 16 U.S.C. 825s, relating to the Southeastern
Power Administration (Southeastern) were transferred to and vested in
the Secretary of Energy. By Delegation Order No. 0204-108, effective
May 30, 1986, 51 FR 19744 (May 30, 1986), the Secretary of Energy
delegated to the Administrator the authority to develop power and
transmission rates, and delegated to the Under Secretary the authority
to confirm, approve, and place in effect such rates on an interim
basis, and delegated to the Federal Energy Regulatory Commission (FERC)
the authority to confirm and approve on a final basis or to disapprove
rates developed by the Administrator under the delegation. On November
4, 1993, the Secretary of Energy issued Amendment No. 3 to Delegation
Order No. 0203-108, granting the Deputy Secretary authority to confirm,
approve, and place into effect Southeastern's rates on an interim
basis. This rate is issued by the Deputy Secretary pursuant to said
notice.
Background
Power from the Kerr-Philpott Projects is presently sold under
Wholesale Power Rate Schedules KP-1-D, JHK-2-B, JHK-3-B, and PH-1-B.
These rate schedules were approved by the FERC on December 5, 1991, for
a period ending September 30, 1996 (57 FERC Sec. 62185).
Public Notice and Comment
Southeastern prepared a Power Repayment Study dated February 1996
for the Kerr-Philpott System which
[[Page 51104]]
showed that revenues at current rates were adequate to meet repayment
criteria, with no reserve. On February 6, 1996, by Federal Register
Notice (61 F.R. 4433), Southeastern proposed to extend the current Rate
Schedules five years, to September 30, 2001. The Notice also announced
a Public Information and Comment Forum to be held March 14, 1996, in
Raleigh, North Carolina, with a deadline for written comments on May
16, 1996. The Public Information and Comment forum was canceled after
no interested party expressed an intention to attend. Southeastern
received no written comments.
Discussion
System Repayment
An examination of Southeastern's revised system power repayment
study, prepared in February 1996, for the Kerr-Philpott System shows
that with the proposed rates, all system power costs are paid within
the 50-year repayment period required by existing law and DOE Procedure
RA 6120.2. The Administrator of Southeastern has certified that the
rates are consistent with applicable law and that they are the lowest
possible rates to customers consistent with sound business principles.
Environmental Impact
Southeastern has reviewed the possible environmental impacts of the
rate adjustment under consideration and has concluded that, because the
adjusted rates would not significantly affect the quality of the human
environment within the meaning of the National Environmental Policy Act
of 1969, the proposed action is not a major Federal action for which
preparation of an Environmental Impact Statement is required.
Availability of Information
Information regarding these rates, including studies, and other
supporting materials is available for public review in the offices of
Southeastern Power Administration, Samuel Elbert Building, 2 South
Public Square, Elberton, Georgia 30635, and in the Power Marketing
Liaison Office, James Forrestal Building, 1000 Independence Avenue,
SW., Washington, DC 20585.
Submission to the Federal Energy Regulatory Commission
The rates hereinafter confirmed and approved on an interim basis,
together with supporting documents, will be submitted promptly to the
Federal Energy Regulatory Commission for confirmation and approval on a
final basis for a period beginning on October 1, 1996, and ending no
later than September 30, 2001.
Order
In view of the foregoing and pursuant to the authority delegated to
me by the Secretary of Energy, I hereby confirm and approve on an
interim basis, effective October 1, 1996, attached Wholesale Power Rate
Schedules KP-1-D, JHK-2-B, JHK-3-B, and PH-1-B. The Rate Schedules
shall remain in effect on an interim basis through September 30, 2001,
unless such period is extended or until the FERC confirms and approves
them or substitute rate schedules on a final basis.
Issued in Washington, DC on September 23, 1996.
Charles B. Curtis,
Deputy Secretary.
[FR Doc. 96-24985 Filed 9-27-96; 8:45 am]
BILLING CODE 6450-01-P