81 FR 18624 - Jim Woodruff Project

DEPARTMENT OF ENERGY
Southeastern Power Administration

Federal Register Volume 81, Issue 62 (March 31, 2016)

Southeastern proposes a new rate schedule JW-1-K to replace Wholesale Power Rate Schedules JW-1-J for a five-year period from October 1, 2016, to September 30, 2021. Rate schedule JW-1-K would be applicable to Southeastern power sold to existing preference customers in the Duke Energy Florida (formerly Florida Power Corporation) service area. In addition, Southeastern proposes to extend Wholesale Power Rate Schedules JW-2-F, applicable to Duke Energy Florida to September 30, 2021.

[Federal Register Volume 81, Number 62 (Thursday, March 31, 2016)]
[Notices]
[Pages 18624-18625]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-07289]


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DEPARTMENT OF ENERGY

Southeastern Power Administration


Jim Woodruff Project

AGENCY: Southeastern Power Administration, DOE.

ACTION: Notice of proposed rate adjustment.

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SUMMARY: Southeastern proposes a new rate schedule JW-1-K to replace 
Wholesale Power Rate Schedules JW-1-J for a five-year period from 
October 1, 2016, to September 30, 2021. Rate schedule JW-1-K would be 
applicable to Southeastern power sold to existing preference customers 
in the Duke Energy Florida (formerly Florida Power Corporation) service 
area. In addition, Southeastern proposes to extend Wholesale Power Rate 
Schedules JW-2-F, applicable to Duke Energy Florida to September 30, 
2021.

DATES: Written comments are due on or before June 29, 2016. A public 
information and public comment forum will be held at 12:00 Noon, 
Thursday, May 5, 2016. Persons desiring to speak at the forum are 
requested to notify Southeastern at least seven (7) days before the 
forum is scheduled so that a list of forum participants can be 
prepared. Others present may speak if time permits. Persons desiring to 
attend the forum should also notify Southeastern at least seven (7) 
days before the forum is scheduled. If Southeastern has not been 
notified by close of business on April 28, 2016, that at least one 
person intends to be present at the forum, the forum may be canceled 
with no further notice.

ADDRESSES: Written comments should be submitted to: Kenneth E. Legg, 
Administrator, Southeastern Power Administration, Department of Energy, 
1166 Athens Tech Road, Elberton, Georgia 30635-6711. The public comment 
forum will meet at the Jim Woodruff Project Site Managers Office 
Conference Room, 2382 Boosterclub Road, Chattahoochee, FL 32324, Phone 
(229) 662-2001.

FOR FURTHER INFORMATION CONTACT: Virgil G. Hobbs III, Southeastern 
Power Administration, Department of Energy, 1166 Athens Tech Road, 
Elberton, Georgia 30635-6711, Phone (706) 213-3800.

SUPPLEMENTARY INFORMATION: Existing rate schedules are supported by a 
June 2011 Repayment Study and other supporting data contained in FERC 
Docket No. EF11-12-000. A repayment study prepared in January 2016 
shows that the existing rates are adequate to meet repayment criteria 
and generate a surplus. Southeastern is proposing a rate reduction to 
eliminate this surplus. A revised study with a revenue reduction of 
$2,316,000 per year demonstrates the rates are adequate to meet 
repayment criteria. The rate adjustment is a reduction of about 24 
percent.
    In the proposed rate schedule JW-1-K, which is available to 
preference customers, the capacity charge would be reduced from $10.29 
per kilowatt per month to $7.74 per kilowatt per month. The energy 
charge would be reduced from 26.51 mills per kilowatt-hour to 20.44 
mills per kilowatt-hour. Rate schedule JW-2-F, available to Duke Energy 
Florida (DEF), would continue the current rate of 100 percent of DEF's 
fuel cost.
    In addition to the capacity and energy charges, each preference 
customer will

[[Page 18625]]

continue to be charged for power purchased by Southeastern on behalf of 
the preference customer. This pass-through will continue to be computed 
as described in the current rate schedules, with the modification that 
the billing cycle conforms to the calendar month. Previously, the 
billing cycle occurred on the 20th of each month.
    The proposed rate schedules are available for examination at 1166 
Athens Tech Road, Elberton, Georgia, 30635-6711, as is the January 2016 
repayment study.

    Dated: March 28, 2016.
Kenneth E. Legg,
Administrator.
[FR Doc. 2016-07289 Filed 3-30-16; 8:45 am]
 BILLING CODE 6450-01-P