GUNSTER FLORIDA'S LAW FIRM FOR BUSINESS

Transcription

1 GUNSTER FLORIDA'S LAW FIRM FOR BUSINESS Writer's Direct Dial Number: (850) Writer's Address: February 27, 2017 BY ELECTRONIC FILING Ms. Carlotta Stauffer, Clerk Florida Public Service Commission 2540 Shumard Oak Boulevard Tallahassee, FL Re: Docket No EI: Fuel and Purchased Power Cost Recovery Clause with Generating Performance Incentive Factor Dear Ms. Stauffer: Attached for electronic filing on behalf of Florida Public Utilities Company, please find the Petition for Approval of Final True-Up Amount for 2016, along with the Direct Testimony and Exhibit CDY-1 ofmr. Curtis Young. Thank you for your assistance with this filing. As always, please don't hesitate to let me know if you have any questions whatsoever. Sincerely, MEK cc:/(certificate of Service) Gunster, Y oakley & Stewart, P.A. 215 South Monroe St., Suite 601 Tallahassee, FL (850) South Monroe Street, Suite 601 Tallahassee, FL p f GUNSTER.COM Fort Lauderdale I Jacksonville I Miami I Orlando I Palm Beach I Stuart I Tallahassee I Tampa I The Florida Keys I Vero Beach I West Palm Beach

2 BEFORE THE FLORIDA PUBLIC SERVICE COMMISSION In re: Fuel and purchased power cost recovery DOCKET NO EI clause with generating performance incentive factor. DATED: February 27, 2017 FLORIDA PUBLIC UTILITIES COMPANY'S PETITION FOR APPROVAL OF FUEL ADJUSTMENT AND PURCHASED POWER COST RECOVERY FINAL TRUE-UP AMOUNT FOR PERIOD ENDED DECEMBER 2016 Florida Public Utilities Company (FPUC or Company), by and through its undersigned counsel, hereby files this Petition asking the Florida Public Service Commission (FPSC or Commission) for approval of FPUC's fuel adjustment and purchased power cost recovery final net true-up amount for the period ended December In support of this request, the Company hereby states: 1) FPUC is an electric utility subject to the Commission's jurisdiction. Its principal business address is: Florida Public Utilities Company 1750 S 14th Street, Suite 200 Fernandina Beach FL ) The name and mailing address of the persons authorized to receive notices are: Beth Keating, Esq. Gunster, Yoakley & Stewart, P.A. 215 South Monroe Street, Suite 601 Tallahassee, FL bkeating@gunster.com (850) Mike Cassel Director, Regulatory and Governmental Affairs Florida Public Utilities Company 1750 S 14th Street, Suite 200 Fernandina Beach, FL mcassel@fpuc. com 3) Consistent with the requirements for this proceeding, the Company has prefiled the fuel adjustment and purchased power cost recovery true-up forms supplied by the Commission consistent with the requirements for such filings.

3 Docket No EI 4) With this Petition, the Company is also submitting the Direct Testimony and Exhibit CDY-1 of Mr. Curtis Young in support ofthe Company's request for approval of the final true-up amount. 5) The final true-up amount for the period ended December 2016 is an under-recovery of $3,705,790. 6) The Commission-approved total true-up amount to be collected for the period January 2017 through December 2017 by the Company is a $1,289,892, as reflected in Commission Order No. PSC FOF-EI. 7) The Company now therefore seeks approval to include the final remaining true-up amount, which is an under-recovery of $2,415,898 in the calculation of cost recovery factors for the period beginning January WHEREFORE, FPUC respectfully requests that the Commission approve the Company's final net true-up amounts for the period ended December 2016 as set forth above. RESPECTFULLY SUBMITTED this 27th day of February, Beth Keating Gunster, Yoakley & Stewart, P.A. 215 South Monroe St., Suite 601 Tallahassee, FL (850) bkeating@gunster.com Attorneys for Florida Public Utilities Company 2

4 Docket No EI CERTIFICATE OF SERVICE I HEREBY CERTIFY that a true and correct copy of the foregoing Petition for Approval of Final True-Up, as well as the Direct Testimony and Exhibit CDY-1 of Curtis D. Young, has been furnished by Electronic Mail to the following parties ofrecord this 27th day of February, 2017: Danijela Janjic James D. Beasley/J. Jeffry Wahlen Suzanne Brownless Ausley Law Firm Florida Public Service Commission Post Office Box Shumard Oak Boulevard Tallahassee, FL Tallahassee, FL j beasley@ausley. corn djanjic(al,psc.state.tlus j wahlen@ausley. corn s brown] e@12sc. state.fl us Jeffrey Stone/Russell Badders/Steven James W. Brew/Laura Wynn Griffin Stone Matheis Xenopoulos & Brew, PC Beggs & Lane Eighth Floor, West Tower P.O. Box Thomas Jefferson Street, NW Pensacola, FL Washington, DC srg@beggslane.corn jbrew@srnxblaw.corn rab@beggslane.corn jas@beggslane.corn John T. Butler Kenneth Hoffman Maria Moncada Florida Power & Light Company Florida Power & Light Company 215 South Momoe Street, Suite Universe Boulevard Tallahassee, FL Juno Beach, FL Ken.Hotiman@f l.com J ohn.b utler~fgl. com Ms. Paula K. Brown Florida Industrial Users Power Group Tampa Electric Company Jon C. Moyle, Jr. Regulatory Affairs Moyle Law Firm P.O. Box North Gadsden Street Tampa, FL Tallahassee, FL Regde t({ll,tecoenergy.corn jrnoyle@rnoylelaw.com Mike Cassel Florida Retail Federation Florida Public Utilities Company Robert Scheffel Wright/John T. LaVia 1750 SW 14th Street, Suite 200 Gardner Law Firm Fernandina Beach, FL Thornaswood Drive rncassel@fpuc.corn Tallahassee, FL schef@gbwlegal.corn 3

5 DocketNo EI Robert L. McGee, Jr. Gulf Power Company One Energy Place Pensacola, FL Matthew Bernier Duke Energy 106 East College A venue, Suite 800 Tallahassee, FL Matthew.Bernier@duke-energy.com P. Christensen/C. Rehwinkel/E. Sayler Office of Public Counsel c/o The Florida Legislature 111 W. Madison Street, Room 812 Tallahassee, FL Christensen.natty@leg.state.fl.us Rehwinkel. Charles@leg. state. fl. us Sayler.Eric@leg.state.fl. us Dianne M. Triplett Duke Energy 299 First Avenue North St. Petersburg, FL Dianne.Trinlett@duke-energy.com Michael Barrett Division of Accounting and Finance Florida Public Service Commission 2540 Shumard Oak Blvd. Tallahassee, Florida mbarrett@nsc.state.fl.us By:. M_. ;t~--~--~"'''"""''~~~-,,"' - Beth Keating'~ Gunster, Y oakley & Stewart, P.A. 215 South Momoe St., Suite 601 Tallahassee, FL (850)

6 BEFORE THE FLORIDA PUBLIC SERVICE COMMISSION Docket No EI Fuel and Purchased Power Cost Recovery Clause Direct Testimony of Curtis Young (2016 Final True-Up) on behalf of Florida Public Utilities Company Q. Please state your name and business address A. Curtis Young, 1641 Worthington Road, Suite 220, West Palm Beach, Fl Q. By whom are you employed? A. I am employed by Florida Public Utilities Company. Q. Could you give a brief description of your background and business experience? A. I am the Senior Regulatory Analyst for Florida Public Utilities Company. I have performed various accounting and analytical functions including regulatory filings, revenue reporting, account analysis, recovery rate reconciliations and earnings surveillance. I'm also involved in the preparation of special reports and schedules used internally by division managers for decision making projects. Additionally, I coordinate the gathering of data for the FPSC audits. Q. What is the purpose of your testimony? A. The purpose of my testimony is to present the calculation of the final remaining trueup amounts for the period January 2016 through December Q. Have you included any exhibits to support your testimony? A. Yes. Exhibit (CDY-1 ) consists of Schedules A, C1 and E1-B for the Consolidated Electric Division. These schedules were prepared from the records of the company.

7 Docket No EI Q. What has FPUC calculated as the final remaining true-up amounts for the period 2 January 2016 through December 2016? 3 A. For the Consolidated Electric Division the final remaining true-up amount is an under 4 recovery of $2,415, Q. How was this amount calculated? 6 A. It is the difference between the actual end of period true-up amount for the January 7 through December 2016 period and the total true-up amount to be collected or 8 refunded during the January- December 2017 period. 9 Q. What was the actual end of period true-up amount for January- December 2016? 10 A. For the Consolidated Electric Division it was $3,705,790 under recovery. 11 Q. What was the Commission-approved amount to be collected or refunded during the 12 January- December 2017 period? 13 A. A consolidated under-recovery of$1,289,892 to be collected. 14 Q. Does this conclude your direct testimony? 15 A. Yes, it does. 2

8 Schedule A FLORIDA PUBLIC UTILITIES FINAL FUEL AND PURCHASED POWER OVER/{ UNDER) RECOVERY FOR THE PERIOD JANUARY 2016 THROUGH DECEMBER 2016 CONSOLIDATED ELECTRIC DIVISION 1 JURISDICTIONAL FUEL COSTS {INCL. ALL ADJUSTMENTS) $ 64,237,408 2 JURISDICTIONAL FUEL REVENUES APPLICABLE TO THE PERIOD 62,151,620 3 ACTUAL OVER/{UNDER) RECOVERED FUEL COSTS FOR THE PERIOD {2,085,788) 4 ADJUSTMENTS {INCL. REVENUE REFUND TRUE-UP ADJUSTMENT) (1,582,152) 5 INTEREST {9,745) 6 TRUE-UP COLLECTED 1,582,152 7 PRIOR PERIOD TRUE-UP {ACTUAL ENDING 12/15) (1,610,257) 8 ACTUAL OVER/{ UNDER) RECOVERY FOR THE PERIOD {LINE 3 + LINE4 +LINES+ LINE6 + LINE7) {3,705,790) 9 PROJECTED UNDER-RECOVERY PER PROJECTION FILED 9/1/16 {1,289,892) 10 FINAL FUEL OVER/(UNDER) RECOVERY (LINE 8- LINE 9) (2,415,898) Exhibit No. DOCKET NO EI Florida Public Utilities Company {CDY -1) Page 1 of 3

9 CONSOLIDATED ELECTRIC TolaiSysternSa)es-KWH Ro~kTenn Pur~hases- KWH Rayonier Puii'hases- KWH- On Peak Rayonier Purchases- KWH- Off Peak Eight Flags Purchases- KWH- KWH JEA Purchases- KWH Gulf Purchases-KWH Generation Demand- KW- JEA Generation Demand- KW- Gulf Transmission Demand- KW- JEA Transmission Demand- KW- Southern FLORIDA PUBLIC UTILITIES COMPANY CALCULATION OF PURCHASED POWER COSTS AND CALCULATION OF TRUE-UP AND INTEREST PROVISION-EXCLUDING GSLD1 ACTUAUESTIMATED FOR THE PERIOD; JANUARY 2016 THROUGH DECEMBER 2016 BASEO ON SIX MONTHS ACTUAL AND SIX MONTHS ESTIMATED 53,893,217 51,683,075 45,119, , , ,968 13,717 49,214 21,965 24, ,881 16,889 31,019,771 25,816,385 23,052,511 27,628,571 23,343,210 21,801,748 82,342 75,040 49,414 91,000 91,000 91, , ,904 80,927 57,572 56,605 55,545 Apr 2016 May 201G 43,174,769 45,403,697 1,124, ,517 72,269 49, ,834 30,567 22,575,281 28,053,849 21,366,561 25,996,698 54,208 62,227 91,000 91,000 83,024 86,673 55,215 54,940 61,225,524 1,432,667 30,936 54,617 2,959,000 31,490,116 30,120,479 75,174 91, ,737 55,276 Estimated Jul ,382, , , ,000 13,875,000 22,300,000 31,400,000 56,000 91,000 89,000 58,200 Aug 2016 Sep 201fi 64,587,492 64,503,875 51,223, , , , , , , , , ,000 13,876,000 13,876,000 13,876,000 16,900,000 20,600,000 14,200,000 32,800,000 28,100,000 21,800,000 57,000 45,000 38,000 91,000 91,000 91,000 94,000 89,000 89,000 57,600 58,000 58,200 Exhi~~~~:=ET=-N-cOc-. cc17cc00c::c0c-1-=ei Fiorida Public Utilities Company '(CDY-1) Page2of3 46,213,261 50,756, , , , , , ,000 13,876,000 13,876,000 8,000,000 10,800,000 22,200,000 21,300,000 48,000 37,000 91,DOD 91,000 89,000 89,000 58,200 57,500 Schedule E-1b 646,166,694 12,127,990 2,757,115 6,288,218 86,214, ,807, ,857, ,405 1,092,000 1,101, ,853 West Rock Fuel C<>sts-.$/KWH Rayonier Energy Charge- On Peak- $/KWH Rayonier Energy Charge- Off Peak- $/KWH ElghtFlagsCharge-$/KWH Base Fuel Costs- $/KWH JEA Base Fuel Costs- $!KWH GULF Energy Charge- $/KWH- JEA , _ Demand Charge- $/KW- JEA Demand Charge- $/KW- Gulf Distribution Facility Charge Transmission Charge $/KW- JEA Transmission Charge $/KW- Southern , RockTennFueiCosts RayonierStandbyCos\s Eight flags Gulf Base fuel Costs JEA Base Fuel Costs JEAFueiAdjuslmenl 35,895 1,741 1,602,117 1,352, ,450 31,475 6,427 1,353, , ,986 35,108 1,495 1,264, , ,870 41,942 9,080 1,238, , ,325 52,626 3, ,488 1,030, ,986 53,453 3, ,495 1,746,617 1,157, ,915 63,882 1,178,820 1,820, , ,126 92, ,905 1,901, , ,378 92,896 1,178,905 1,629, , ,372 63,882 1,178,905 1,264, ,004 92,896 1,178,905 1,287, ,800 92,960 92,896 1,178,905 1,235, , , , ,443 7,841,840 17,851,929 10,204,267 2,960, , ,840 2,415,886 2,394,315 2,920,140 4,095,033 4,335,862 4,147,956 4,079,728 3,331,983 3, ,144, ,492 DemandandNon-FueiCos!s: DemandCapa~ityCharge 2,192,964 2,088,472 1,721,764 1,790,366 1,905,118 2,090,390 1,761,410 1,775,720 1,604,000 1,503,830 1,646,930 1,489,520 21,570,484 Total System Purchased Power Costs Less Direct BiW~g To GSLD1 Class: Special Costs Tota!Cos!sandCharges Sales Revenues- Fuel Adjustment Revenues; RS< Distr. Fac. Charge FERC&MelerReading 2,658 3,044 2,654 2,530 2,495 2,868 2,505 2,505 2,505 2,505 2,505 2,505 Tr-ansmission Charge , , , , , , ,667 31, , ,089, ,279, , , ,855 2, , , , , , , , , , ,595 74,826 60,043 89, , , , , , , ,304 2,164,626 Commodity , , ,697,513 4,863,898 4,361,572 4,423,265 5,050,169 6,378,421 6,011,061 5,879,577 5,689,500 4,803,328 4,587,664 4,625,537 62,371,505 5,918 5,918 5,918 5,918 5,918 5,918 9,503 10,621 11,740 12,857 13,976 15, , ,379 30, , ,705,539 4,883,050 4,368,247 4,435,099 5,098,929 6,385,971 6,053,061 5,921,577 5,731,500 4,845,328 4,629,664 4,667,537 1,840,357 1,873,576 1,703,545 1,561,152 1,633,719 1,964,189 1,978,332 1,948,955 1,945,980 1,648,064 1,537,348 1, , , , , ,311 1,175,500 1,657,938 1,454,736 1,483, , , , , , , , , , , , , , , ,729 1,157,540 1,028,803 1,039,853 1,096,403 1,142,676 1,410,059 1,506,787 1,466,933 1,536,643 1,322,679 1,155,435 1,126, , , , , , , , , , , , , ,610 45,289 44,658 44,569 44,964 45,324 45, ,324 45,324 45, , ,725,501 21,378,240 11,105,453 6,628,796 14,990,269 8,156, ,256 UnbilledFue\Revenues Total Fuel Revenues (Excl. GSLD1) GSLD1FuelRevenues (252,365) 88,431 (354,626) 488, ,565 (100,000) 5,453,144 4,712,146 4,472,680 3,802,664 4,907,649 6,101,700 6,680,976 6,341,899 6,415,325 4,938,908 4,342,132 4,881, , , , , , , , , , , , , ,242 63,051,059 3,694, , , , ,046 3, , ,965,947 7,185,941 6,599,473 5,824,022 7,033,635 8,765,958 9,694,414 9,358,185 8,978,154 7,653,888 7,035,297 8,471,651 94,567,165 18,078,318 18,403,858 16,733,792 15,334,785 16,051,400 19,295,234 19,432,235 19,143,682 19,114, ,168 15,100,653 17,120, ,997,488 8,246,639 8,036,696 4,423,592 2,948,341 3,957, ,547 14,505,432 12,727,606 12,975, ,166 4,508,244 8,507,314 97,162,523 5,293,378 4,986,082 4,759,531 4,701,392 5,039,862 6,321,298 6,604,247 6,361,592 6,532,991 5,379,177 4,517,615 4,652,070 65,149,234 11,944,137 10,613,334 10,722,279 11,316,383 11,782,352 14,633,463 15,530,657 15,119,877 15,838,395 13,633,033 11,909,227 11,610, ,653,684 7, ,290,000 6,461,176 6,812,036 6,741,513 7,816,901 8,739,059 8,292,408 7,876, ,870 6,698,529 6,616,174 86,772,359 2,570,000 2,720,000 1,390, ,000 1,210,000 2,250,000 2,941,667 2,313,333 1,536,667 2,058,333 2,850,000 1,620,000 24,900, , , , , , , , , , , , ,994 7,531,407 Truo-upC.Icu!otlon(E>toi.GSL01): True-upProvision-collect/(re(und) GrossReceip!sTaxRefund Net Purchased Power and other Fuel Costs True-upProvlslonforthePerlod lnteres\provisionfortheperlod BeginnlngofPerlodTrue-upandlnterestProvision True-upCollectedor(Re(unded) EndofPerlod,NetTrue-upandlnt.Prov. B<oginningTrue-upAmoun\ EndingTrue-upAmoun\Beforelnterest TotaiBeginningandEndingTrue-up Average True-up Amount AverageAnnuallnterestRate 53,893,217 51,683,075 45,119,750 43,174,769 45,403,697 61,225, ~ _~,;?-~Q 64,587,492 64,503,875 51,223,741 46,213,261 50,756, ,166,694 5,453,144 4,712,146 4,472,680 3,802,664 4,907,649 6,101,700 6,680,976 6,341,899 6,415,325 4,938,908 4,342,132 4,881, , , , , , , , , , , , ,842 63,051,059 1,582,148 5,321,298 4,580,300 4,340,834 3,670,818 4,775,803 5,969,854 6,549,130 6,210,053 6,283,479 4,807,062 4,210,286 4,749,993 61,468, ,539 4, , , ,725,501 (384,241) {302,749) (27,414) (764,281) {323,125) (416,117) 496, , ,979 (38,266) (419,378) 82,456 (1,256,590) (491} (561) (553) (636) (819) (893) (319) (258) (193) (148) (159) (163) (5.193) (1,61 0,257) (1,863, 143) (2,034,607) (1,930,728) (2,563,799) (2.755,897) (3,041,061) (2,413,465) (1,993,401) (1,309,769) (1,216,336) (1,504,027) (1,61 0,257) , , , , , , , , (1,863,143) (2,034,607) (1,930,728) (2,563,799) (2,755,897) (3,041,061) (2,413,465) (1,993,401) (1,309,769) (1.216,336) (1,504,027) (1,289,892) (1,289,892) (1,610,257) (1,863,143) {2,034,607) (1,930,728) (2,563,799) (2,755,897) (3,041,061) (2,413,465) (1,993,401) (1.309,769) (1,216,336) (1,504,027) (1,862,652) (2, ) (1,930,175) (2,563,163) (2,755,078) (3,040,168) (2,413,146) (1,993,143) (1,309,576) (1,216,188) (1,503,868) (1,289,729) (3,472,909} (3,897,190) (3,964,782) (4,493,891) (5,318,877) {5,796,066) (5,454,207) (4,406,608) (3,302,976) (2,525,957) (2,720,205) (2,793,756) (1,736,455) (1,948,595) (1,982,39!) (2,246,946) (2,659,439) (2,898,033) (2,727,104) (2,203,304) (1,651,488) (1,262,978) (1,360,102) (1,396,878) % % % % % % % % % % % % (491) (561) (553) (636) (819) (893) {319) (258) (193) (148) (159) (163)

10 CONSOLIDATED ELECTRIC FLORIDA PUBLIC UTILITIES COMPANY CALCULATION OF PURCHASED POWER COSTS AND CALCULATION OF TRUE-UP AND INTEREST PROVISION-EXCLUDING GSLD1 (EXCLUOESUNELOSS,EXCLUOESTAXES) SchaduleC1 ~~h~~:;~~o:-_ ::,7=oo=o:-1-Eo:,- Fiorida Public Utilitias Company (CDY-1) Paga3of3 TotaiSystemSales-KWH ROCKTENN Purchases- KWH Rayon"" Purchases- KWH- On Peak Rayon>erPurchases-KWH-OffPaak EightFiagsPuchases-KWH JEAPurchases-KWH Gu~ Purchases- KWH System Billlng Demand- JEA KW System B11i1ng DemamJ- Gulf KW PeakBIHingD<omand-GulfKW DEMAND--KW-(network load) JEA TRANS 53,893,217 51,683,075 45,119,750 43,174,769 45,403,697 61,225,524 64,403,225 66,564,970 66,810,209 59,218,205 45,382,276 42,818, ,697, , , ,968 '1,124,160 1,410,517 1,432, ,471 1,183,438 1,026,757 1,276, ,699 1,528,666 13,397,656 13,717 49,214 21,965 72,269 49,014 30,936 52,630 18, , ,746 1,311,048 24, ,881!6, ,834 30,567 54, ,092 54,753 41,577 (935) 684, ,819 1,996,931 2,959,000 12,948,440 13,832,224 7,956,756 13,867,511 15,065,879 14,270,445 80,900,255 31,019,771 25,816,385 23,052,511 22,575,281 28,053,849 31,490,116 25,174,505 24,360,597 24,175,590 16,327,848 8,694,785 5,676, ,418,233 27,628,571 23,343,210 21,801,748 21,366,561 25,996,698 30,120,479 32,703,259 32,617,545 28,991,399 24,623,511 22,301,083 24,087, ,581, , , , , , , , , , , , ,339 2,817,010 82,342 75,040 49,414 54,208 62,227 75,174 72,083 74,682 65,005 57,747 52,864 35, ,044 91,000 91,000 91,000 91,000 91,000 91,000 91,000 91,000 91,000 91,000 91,000 91,000 1,092,000 57, ,339 56, ,904 55,545 80,927 55,215 83,024 54,940 86,673 55, ,737 55,375 90,478 55, ,071 54,217 93,272 54,238 86,488 54,122 71,022 54, ,887 76,302 1,082,237 Rayonoer -Energy Charge- On Peak- $/KWH Rayonoer- Enermo Charge- OffPBak- $/KWH JEAEnergyCharge-$/KWH JEAD<omandandNon-Fuel Demand Charge- SIKW DistnbutlonFacolot escharge-$ Transmoss onchargesikw Gu~EnerqvEnwonmer LonelossFctr. Gu~FueiDemandand Non-Fuel CapaoltyCharge-S/KW , Rru:kTennFueiCosts Rayon1erStandbyCosts EightFtagsCosts 35,895 1, ,427 35,108 1,495 41,942 9,080 52,626 3,061 53,452 35,686 44,!54 3,291 8,104 2, ,495 1,037,451 1,076,063 38,309 47,630 31,628 57, ,940 2,687 (29) 49,824 76, , , ,936 1,151,494 1,196,711 7,002,430 Gutt Base Fuel Costs 1,602,117 1,353,619 1,264,233 1,238,997 1,507,488 1,746,617 1,896,386 1, ,681,144 1,427,860 1,293,188 1,396,802 18,299,867 JEA Base Fuel Costs 1,352, , , ,971 1,030,979 1,157, , , , , , ,630 9,994,874 JEA Fuel Adjustment 360, , , , , , , , , , ,033 65,966 3,095, , DemandandNon-FueiCosts. JEAD<omandCh!lrge 1,178,314 1,073,o~"! /UI,t!"! 775, ,468 1,075,740 1,031,508 1,068, , , , ,542 10,818,991 Southam Dost. Facilrt1es Charge 953,667 JEATransmlsskmCharge 153, , , , , , , , , , , ,216 1,662,888 Gul! Capacity Charge 1,014,650 1,014,650 1,014,650 1,014,650 1,014,650 1,014,650 1,014,650 1,014,650 1,014,650 1,014,650 1,014,650 1,014,650 12,175,800 SouthemTransmiSSionllnterc 168, , , , , ,249 42, , , , , ,362 1,827,596 MeterReadonganciProcessing 2,658 3, Subto!aiDemand&Non-FuelCosts , ,496, ,474 2, ,327, , Total System Purchased Power Costs 5,949,770 5,113,875 4,505,015 4,554,119 5,199,364 6,591,184 6,502,792 6,703,383 5,881,543 5,590,925 5,066,097 4,878,735 66,536,801 Less Direct B<lllng To GSLD1 Class Demand 106, ,595 74,826 60,043 89, ,829 64,479 72,704 78, ,002 47,989 1,224,498 (these 2 amounts (Demand and oomodrry) she Commmlrty 145, ,380 68,617 70,811 59, ,935 48, , , ,171 10,027 1,505,848 Net Purchased Power Costs 5,697,514 4,863,899 4,361,572 4,423,265 5,050,168 6,378,420 6,389,985 6,515,377 5,676,423 5,039,188 4,589,923 4,820,720 63,806,455 5,918 5,918 5,918 5,918 (23,673) 0 41,428 5,918 5,918 5,918 5,918 5,918 71,018 Otherfuelrelatedwsts 2,108 13, ,915 42,842 1,631 48,697 35,365 42,255 37,448 34,742 94, ,935 Total Costs and Charges 5,705,540 4,883,051 4,368,248 4,435,099 5,069,338 6,380,051 6,480,110 6,556,660 5,724,596 5,082,554 4,630,584 4,921,578 64,237,408 SalesRevenues-FuelAdJUslmefltRevenues RS«1,000 kwh ,840,357 1,873,576 1,703,545 1,561,152 1,633,719 1,964,189 2, ,064,775 2,047,343 1,827,307 1,538,386 1,618,033 21, RS>1,000kwh SL,CSL TotaiFueiRevenues(Excl GSLD1) 942, , , , , , , , , ,134 1,175, ,616 1,553, ,585 1,487, ,150 1,430, , , , , , , ,094 10,289,704 6,875,460 1,157,540 1,028,803 1,039,853 1,096,403 1,142,676 1,410,059 1,458,183 1,465,675 1,548,734 1,300,598 1,073,886 1,054,603 14,777, , , , , , , , , , , , ,576 7,964,261 32,402 32,794 32,436 31,739 31,650 32,050 31,838 31,519 30,133 32,087 32,055 32, ,824 12,819 12,8!6 12,853 12,919 12,919 12,914 12,915 12,918 12,918 12,921 12,919 12, , ,714 (252,365} 88,431 (354,626) 488, , ,129 64,239 (4.25,282) (340,545) (243,964) 107,508 (39,674) 5,453,144 4,712,146 4,472,680 3,802,663 4,907,649 6,101,700 6,927,512 6,607,371 6,109,505 4,852,728 3,835,977 4,368,544 62,151, , , , , , , , , , , ,173 58,015 2,730,346 2,260,547 2,223,819 1,983,350 1,890,505 1,976,790 2,451,494 2,542,701 2,635,141 2,613,148 2,274,266 1,917,109 2,012,707 26,781,578 7,965,947 7,185,941 6,599,473 5,824,022 7,033,635 8,765,958 9,583,021 9,430,518 8,927,773 7,678,731 6,229,259 6,439,266 91,663,545 RS>1,DDDkwh 18,078,318 18,403,858 16,733,792 15,334,785 16,051,400 19,295,234 20,381,987 20,282,321 20,111,143 17,949,711 15,111,569 15,894, ,137 8,246,639 8,036,696 4,423,592 2,948,341 3,957,302 10,284,547!3,587,863 13,018,427 12,514,516 6,404,486 2,791,119 3,811,929 90,025,457 5,293,378 4,986,082 4,759,531 4,701,392 5,039,862 6,321,298 6,894,381 6,939,302 7,083,366 6,104,203 4,768,656 4,685,184 67,576,635 11,944,137 10,613,334 10,722,279 11,316,383 11,782,352 14,633,463 15,056,100 15,117,637 15,976,845 13,417,767 11,079,116 10,883, ,543,376 7,132,968 6,290,000 6,461,176 6,812,036 6,741,513 7,816,901 6,881,718 8,245,735 7,930,529 7,106,764 6,586,024 6,718,730 84,724,094 2,570,000 2,720,000 1,390,000 1,440,000 1,210,000 2,250, ,000 2,340,000 2,570,000 7,610,000 4,420, ,000 29,700, , , , , , , , , , , , ,094 7,500,137 53,893,217 51,683,075 45,119,750 43,174,769 45,403,697 61,225,524 64,403,225 66,564,970 66,810,209 59,218,205 45,382,276 42,818, ,697,836 Tru...,pC~Ioulotion(Exoi.GSLDlr. True-upProvos on-collectf{refund) GrossRece1ptsTaxRefund Ne!PurchasedPowerandOtherFuelCosts True-upPrO\I!SionforthePenod lnterestpfo'ilstonforthepen<>d 8eglnmngofPenodTrue-up~nd lnterestprtmsion True-upCollectedor(Refunded) EndofPerJod,NetTrue-upandlnt Prov BeginmngTrue-upAmount EndongTrue-upAmountBaforelnterest TotaiBeglnnlngandEndlngTrue-up Average True-up Amount AverageAnnuallflterestRate -5,453,144 4,712,146 4,472,680 3,802,663 4,907,649 6,101,700 6,927,512 6,607,371 6,109, ,728 3,835,977 4,368,544 62,151, , , , , , , , , , , ,846 1,582,152 5, ,580,300 4,340,834 3,670,817 4,775,803 5,969,854 6,795,666 6,475,525 5,977, ,882 3,704,131 4,236,698 60,569, , , ,660 5,724,596 5, , , (384242) (302,751) (27,414) (764,282) (293,534} (410,197) 315,556 (81,135) 253,063 (361,671) (926,452) (684,880) (3,667,940} (491) (561) (553) (636) (815) (883) (823) (823) (792) (766) (1,032) (1,570) (9,745) (1,61 0,257) (1,863,144) (2,034,610) (1,930,730) (2,563,802) (2,726,305) (3,005,539) (2,558,960) (2,509,072) (2, 124,956) (2.355,547) (3,151,186) (1,61 0,257} 131, , , , , (1,863,144) (2,034,610) (1,930,730) (2,563,802) (2,726,305) (3,005,539) (2,558,960) (2,509,072) (2,124,956) (2,355,547) (3,151,186) (3,705,790) (3,705,790} (1,610257) (1,863,144) (2,034,610) (1,930,730) (2,563,802} (2,726,305) (3,005,539) (2,558,960) (2,509,072) (2,124,956) (2,355,547) (3,151,186) (1,862,653) (2,034,049) (1,930,177) (2,563,166) (2,725,490) (3,004,656) (2.558,137} (2,508,249) (2, ) (2,354,781) (3,150,154) (3,704,220)[][]nt~rest (3,472,910) (3,897,193) {3,964,787) (4,493,896) (5,289,292) (5,730,961) (5,563,676) (5,067,209) (4,633,236) (4,479,737) (5,505,701) (6,855,406) Provosoon (1,736,455) (1,948,596) (1,982,393) (2,246,948) (2,644,646) (2,865,481) (2,781,838) (2,533,605) (2,316,618) (2,239,868) (2,752,850) (3,427,703) -5.57% % % % % % % % % % % % % (491} (561} (553) (636) (815) (883) (823) (823) (792) (766) (1.032) (1,570)