Re: Docket No EI CONTINUING SURVEILLANCE AND REVIEW OF FUEL COST RECOVERY CLAUSES OF ELECTRIC UTILITIES

Transcription

1 FLORIDfl. PUBLIC~ UTILITIES FILED 11/2/218 DOCUMENT NO FPSC - COMMISSION CLERK P.O. Box 3395 West Palm Beach, Florida November 2, 218 Ms. Carlotta Stauffer, Director Commission Clerk and Administrative Services Florida Public Service Commission 254 Shumard Oak Blvd. Tallahassee, Florida Re: Docket No EI CONTINUING SURVEILLANCE AND REVIEW OF FUEL COST RECOVERY CLAUSES OF ELECTRIC UTILITIES Dear Ms. Stauffer: We are enclosing the October 218 Fuel Schedules for our Consolidated Electric Florida divisions. The under-recovery for the month is primarily due to fuel revenues being lower than projected. If you have any questions, please contact me at cyounq@fpuc.com or Michael Cassel at mcassel@fpuc.com. Sincerely, ~OJ!;, Curtis D. Young Regulatory Anal t Enclosure Cc: FPSC Beth Keating Buddy Shelley (no enclosure) SJ Worthington Road, Suite#22, West Palm Beach, Florida www. fpuc.com

2 1 Fuel Cost of System Net Generation (A3) 2 Nuclear Fuel Disposal Cost (A 13) 3 FPLinterconnect 4 Adjustments to Fuel Cost (A2, Page 1) 5 TOTAL COST OF GENERATED POWER 6 Fuel Cost of Purchased Power (Exclusive of Economy) (A8) 7 Energy Cost of Sched C & X Econ Purch (BrokerXA9) 8 Energy Cost of Other Econ Purch (Non-BrokerXA9) 9 Energy Cost of Sched E Economy Purch (A9) 1 Demand and Non Fuel Cost of Purchased Power (A9) 11 Energy Payments to Qualifying Facilities (A8a) 12 TOTAL COST OF PURCHASED POWER 13 TOTAL AVAILABLE MWH (LINE 5 + LINE 12) 14 Fuel Cost of Economy Sales (A7) 15 Gain on Economy Sales (A7a) 16 Fuel Cost of Unit Power Sales (SL2 Partpts)(A7) 1 7 Fuel Cost of Other Power Sales (A 7) 18 TOTAL FUEL COST AND GAINS OF POWER SALES (LINE ) 19 NET INADVERTENT INTERCHANGE (A 1 ) 2 LESS GSLD APPORTIONMENT OF FUEL COST 2a TOTAL FUEL AND NET POWER TRANSACTIONS (LINES ) 21 Net Unbilled Sales (A4) 22 Company Use (A4) 23 T & D losses (A4) 24 SYSTEM KWH SALES 25 Wholesale KWH Sales 26 Jurisdictional KWH Sales 26a Jurisdictional loss Multiplier 27 Jurisdictional KWH Sales Adjusted for Line Losses 28 GPIF.. 29 TRUE-UP'' 3 TO TALJURISDICTIONAL FUEL COST (Excluding GSLD Apportionment) 31 Revenue Tax Factor 32 Fuel Factor Adjusted for Taxes 33 FUEL FAC ROUNDED TO NEAREST.1 (CENTS/KWH) '"Included for Informational Purposes Only calculation Based on Jurisdictional KWH Sales I i 4,697,52 282,618 4, ,414, ,414,434 (1,347,984) 3, ,898 54,1 4,414,434 4,468,444 1,873,956 1,225,931 1,368,555 ACTUAL 4,822,91 (125,858) -2.6% 55,895 55, ,618.% 55,895 55,539 4,54,292 (125,858) -2.8% ,539 4,54,292 ( ) -2.8% , % , ( ) -2.8% 55,895 55,539 (65,642). (1,282,342) % (13.714) (842) 4,244 (786) -18.5% ,435 (7.537) -2.8% 2,695 3, ,873 (371,863) -36.5% 4,54,292 ( ) -2.8% 44, ,246.% 44, ,246 4, (497,721! -1.% 44, ,246 1,778,992 94, % 29,418 42,56 1,263,25 (37,94! -2.9% 15,493 16,19 1,924,148 (555,593) -28.9% ,56.%.%.% ESTIMATED ACTUAL ESTIMATED DCLLARS MWH COMPARISON OF ESTIMATED AND ACTUAL FUEL AND PURCHASED POWER COST RECOVERY FACTOR MONTH: OCTOBER % % % % D.OOO.% % (12,872) % ( ) (19) -35.4%.619 (8) -22.9% % (13,335) -22.9% %. (13,335) -22.9% (13,335) -22.9% (12,638) -3. 1% (697) -4.3% (12,638) -3.1% %..%. ACTUAL (.11819) ESTIMATED CENTS/KWH..% (.28499) -3.2% (.285) -3.2% (.2848) -3.2% (.324) -.6% (.27724) -3.4% (.27724) -3.4%..% (.27724) -3.4% ( ) 194.5% 1 (.145) -19.% (.1661) -3.4% ""'..% : % % % %..%..% SCHEDULE A1 PAGE 1 OF 2

3 COMPARISON OF ESTIMATED AND ACTU AL FUEL AND PURCHASED POWER COST RECOVERY FACTOR MONTH: OCTOBER 218 SCHEDULE At PAGE 2 OF 2 DOLLARS MWH CENTS/KWH ACTUAL ESTIMATED ACTUAL ESTIMATED ACTUAL ESTIMATED 1 Fuel Cost of System Net Generation (A3) 2 Nuclear Fuel Disposal Cost (A13) 3 FPL Interconnect 4 Adjustments to Fuel Cost (A2, Page 1) 5 TO TAL COST OF GENERATED POWER 6 Fuel Cost of Purchased Power (Exclusive of Economy) (AS) Energy Cost of Sched C & X Econ Purch (BrokerXA9) Energy Cost of Other Econ Purch (Non-BrokerXA9) Energy Cost of Sched E Economy Purch (A9) 1 Demand and Non Fuel Cost of Purchased Power (A9 ) 11 Energy Payments to Qualifying Facilities (A8a).%.%.% 19,866, , ,539.9% 48, ,528 18,97,958 17,958, , % 48, , ,1, ,62 1.6% 158,847 15,971.%..%. (19,775) -4.6% (19,775) -4.6% , % %..% % % (.27351) -3.4% 12 TOTAL COST OF PURCHASED POWER 5,967,291 49,656,287 1,311,4 2.6% 567, (1 1,899) -2.1% % 13 TOTAL AVAILABLE MWH (LINE 5 + LINE 12) 14 Fuel Cost of Economy Sales (A?) 15 Gain on Economy Sales (A?a) 16 Fuel Cost of Unit Power Sales (SL2 Partpts)(A?) 17 Fuel Cost of Other Power Sales (A 7) 18 TOTAL FUEL COST AND GAINS OF POWER SALES (LINE ) 19 NET INADVERTENT INTERCHANGE (A1) 567,6 579,499.% (11,899) 2.1%.%....% 2 LESS GSLD APPORTIONMENT OF FUEL COST 2a TOTAL FUEL AND NET POWER TRANSACTIONS (LINES ) 2 1 Net Unbilled Sales (A4 ) 22 Company Use (A4) 23 T & D Losses (A4) 765,488 3,48,29 (2, 714,82) -78.% 5,21,83 46,1 75,997 4,25,86 8.7% 567,6 579,499 (1,449,32) (844,13) (84,92) 125.% ( 16,383) (8,84) 32,272 39,185 (6,913) 17.6% ,12,11 2,77, % 34,56 34,77.% (11,899) -2.1% (8,3) 12.7% (.26367) (127) -25.8%.587 (714) -2.1% (.11662) % (.1475) 126.1% (.122) -17.2% % 24 SYSTEM KWH SALES 25 Wholesale KWH Sales 26 Jurisdictional KWH Sales 26a Jurisdictional Loss Multiplier 27 Jurisdictional KWH Sales Adjusted for Line Losses 28 GPIF" 29 TRUE-UP 5,21,83 46,175,997 4,25,86 8.7% 549, ,321 5,21,83 46,175,997 4,25,86 8.7% 549, , % ,21,83 46,175,997 4,25,86 8.7% 549, , ,826,18.% 549, ,321 (2,759) -.5% (2,759).5% % 1. (2,759).5% (2,759) -.5% % %..% %.257.5% 3 TOTAL JURISDICTIONAL FUEL COST 53,27,983 49,2,177 4,25,86 8.2% 549, ,321 (2,759).5% % 31 Revenue Tax Factor 32 Fuel Factor Adjusted for Taxes 33 FUEL FAC ROUNDED TO NEAREST.1 (CENTS/KWH) % % % Included for Informational Purposes Only... Calculation Based on Jurisdictional KWH Sales

4 7. Adjusted Total Fuel & Net Power Transactions 4,493,679 4,984,15 (49,336) 8. less Apportionment To GSLD Customers 54,1 425,873 (371,863) 9. Net Total Fuel & Power Transactions To Other Classes $ 4, $ 4,558,142 $ (118,473) A Fuel Cost & Net Power Transactions 1. Fuel Cost of System Net Generation $ $ $ 2. Fuel Cost of Power Sold 3. Fuel Cost of Purchased Power 3a. Demand & Non Fuel Cost of Purchased Power 3b. Energy Payments to Qualifying Facilities 4. Energy Cost of Economy Purchases 1a. Fuel Related Transactions (Nuclear Fuel Disposal) 1,368,555 1,873,958 1,225,931 1,924,148 1,778,992 1,263,25 (37,94) 94,966 (555,593) 5. Total Fuel & Net Power Transactions 4,468,444 4,966,165 (497,721) 6. Adjustments to Fuel Cost (Describe Items) Sa. Special Meetings- Fuel Market Issue 25, ,385 ACTUAL ESTIMATED AMOUNT CURRENT MONTH Month of: OCTOBER 218 Division: CALCULATION OF TRUE-UP AND INTEREST PROVISION -9.8% 51,385,73 49,839, % 765,488 3,48,29-2.6% $ 5,619,585 $ 46,358,847 $ 41.4% 417, ,85-1.% 5,967,291 49,656, % 19,866,188 19,698, % 18,97,958 17,956, % 12,193,145 12,1,525.% $ $ $ % ACTUAL ESTIMATED 1,545, % (2,714,82) -78.% 4,26, % 234, % 1,311,4 2.6% 167,539.9% 951, % 191,62 1.6%.% SCHEDULE A2 Page 1 of 4

5 C. KWH Sales (Excluding GSLD) 1. Jurisdictional Sales KWH 54,975,41 52,473,679 2,51, Non Jurisdictional Sales 3. Total Sales 54,975,41 52,473,679 2,51, Jurisdictional Sales% of Total KWH Sales 1.% 1.%.% 1. Jurisidictional Sales Revenue (Excluding GSLD) $ $ a. Base Fuel Revenue b. Fuel Recovery Revenue 5,26,772 c. Jurisidictional Fuel Revenue 5,26,772 d. Non Fuel Revenue 1,867,71 1,769,678 e. Total Jurisdictional Sales Revenue 6,796,45 2. Non Jurisdictional Sales Revenue B. Sales Revenues (Exclude Revenue Taxes & Franchise Taxes) s (2.98,765) 98,36 (2, 196,81) (2,196,81) 4,697, ,829,971 2, Total Sales Revenue (Excluding GSLD) $ 4,697,685 $ 6,796,45 $ (2,98,765) ACTUAL ESTIMATED AMOUNT CURRENT MONTH Month of : OCTOBER 218 Division: CALCULATION OF TRUE-UP AND INTEREST PROVISION 4.8% 535,641, ,888,98.% 4.8% 535,641, ,888,98.% 1.% 1.% -43.7% 47,988,393 5,86, % 47,988,393 5,86, % 23,45,387 24,771, % 71,33,78 75,577,989.% 3.9% $ 71,33,78 s 75,577,989 $ $ $ s % ACTUAL ESTIMATED 752,87.1%.% 752,87.1 %.%.% (2,818,381) -5.6% (2,818,381) -5.6% ( 1 '725,828) -7.% (4,544,29) -6.%.% (4,544,29) -6.% SCHEDULE A2 Page 2 of 4

6 Jurisdictional Loss Multiplier D. True-up Calculation (Excluding GSLD) 1. Jurisdictional Fuel Rev. (line B-1c) $ 2,829,971 $ 5, $ (2, 196,81) -43.7% $ 2. Fuel Adjustment Not Applicable a. True-up Provision 282, ,618.% b. Incentive Provision c. Transition Adjustment (Regulatory Tax Refund) 3. Jurisdictional Fuel Revenue Applicable to Period 2,547,353 4, (2, 196,81) -46.3% 4. Adjusted Total Fuel & Net Power Transaction (Line A-7) 4.439,669 4,558,142 (118,473) -2.6% 5. Jurisdictional Sales % of Total KWH Sales (Line C-4) 1% 1%.%.% 6. Jurisdictional Total Fuel & Net Power Transactions 4,439,669 4, (118,473) -2.6% (Line D-4 x Line D-5 x.) 7. True-up Provision for the Month Over/Under Collection (1, ) 186,12 (2,78,328) % (Line D-3- Line D-6) 8. Interest Provision for the Month (1 3,775) (23) (13,752) % 9. True-up & lnst. Provision Beg. of Month (6,759,59) 58,31 (7,339,891) % 9a. Deferred True-up Beginning of Period 1. True-up Collected (Refunded) 282, ,61!l.% 11. End of Period- Total Net True-up $ (8,383,63) $ 1,48,9!! $ (9,431,971) % $ (Lines D7 through D1 ) ACTUAL ESTIMATED CURRENT tv1nth Month of: OCTOBER 218 Division: CALCULATION OF TRUE-UP AND INTEREST PROVISION 2,826,18 2,826,18 (8,383,65) $ 1,48,98 $ (114,478) (7.63) (5,637,395) (3.391,416) (5,457,372) 1,621,747 45,162,213 47,98,594 5,619,585 46, ,619,585 46,358,847 2,826, ,18 47,988,393 $ 5.86,774 $ ACTUAL ESTIMATED.% (9,431,973) % (16,875) 145.7% ( ) 66.2% (7,79,119) % 4, %.% (2,818,381) -5.9% 4.26, % I.% (2,818,381) -5.6% SCHEDULE A2 Page 3 of 4

7 E. Interest Provision (Excluding GSLD) 1. Beginning True-up Amount (lines D-9 + 9a) $ (6,759,59) $ 58,31 $ (7,339,891) % 2. Ending True-up Amount Before Interest (8,369,288) 1,48,931 (9.418,219) % (line D-7 +Lines D-9 + 9a + D-1) 3. Total of Beginning & Ending True-up Amount (15, ) 1,629,232 (16,758,111) % 4. Average True-up Amount (5% of Line E-3) $ (7, ) $ 814,616 $ (8,379,55) % 5. Interest Rate - First Day Reporting Business Month 2.13% N/A 6. Interest Rate - First Day Subsequent Business Month 2.24% N/A 7. Total (Line E-5 +Line E-6) 4.37% N/A 8. Average Interest Rate (5% of Line E-7) 2.185% N/A 9. Monthly Average Interest Rate (Line E-8 I 12).1821% N/A 1. Interest Provision (Line E-4 x Line E-9) (13,775) N/A ACTUAL ESTIMATED CURRENT MONTH Month of: OCTOBER 218 Division: CALCULATION OF TRUE-UP AND INTEREST PROVISION ACTUAL ESTIMATED SCHEDULE A2 Page 4 of 4

8 a Sa 8b a 16b a 18b a a 23b (MWH) System Net Generation PowerSoid inadvertent interchange Delivered -NET Purchased Power Energy Purchased For Qualifying Facilities Economy Purchases Inadvertent Interchange Received - NET Net Energy for Load Sales (Billed) U nbilled Sales Prior Month (Period) Unbilled Sales Current Month (Period) Company Use T&D Losses Unaccounted for Energy (estimated) % Company Use to NEL % T&D Losses to NEL % Unaccounted for E nerav to NEL ($) Fuel Cost of Sys Net Gen Fuel Related Transactions Adjustments to Fuel Cost Fuel Cost of Power Sold Fuel Cost of P urchased Power Demand & Non Fuel Cost of Pur Power Energy Payments To Qualifying Faciltties Energy Cost o f Economy Purch. Total Fuel & Net Power Transactions (Cents/KWH) Fuel Cost of Sys Net Gen Fuel Related Transactions Fuel Cost of Power Sold Fuel Cost of Purchased Power Demand & Non Fuel Cost of Pur Power Energy Payments To Q ualifying Facilities Energy Cost of Economy Purch. Total Fuel & Net Power Transactions ,368,555 1,873,958 1,225,931.8% 6.% -3.54% ,695 (13,714) 44,911 55,895 29,418 15,493 ACTUAL % % 5.59% 1.44% \ -1.2% 1,924,148 1,778,992 1,263,25 (555,593) 94,966 (37,94) % 5.34% -2.94%.9% 6. % -1.45% -.1 %.% -29.9% %.% % 54 3,495 (842) (19) (8) (12,872) % % % 58,246 55,539 (13,335) %.64% 42,56 16,19 (12,638) (697) -3.5% -4.3%.% CURRENT MONTH ESTIMATED AMOUNT % ELECTRIC ENERGY ACCOUNT Month of: OCTOBER % % % (.274) -3.45% % 19,866,188 19,698, ,539.85% 18,97,958 17,956, , % 12,193,145 12, 1, ,62 1.6%.6%.8% -.2% -25.% 6.% 6. %.%.% -2.89% -1.39% -1.5% % (127) -25.8% 34,56 34,77 (714) -2.5% (16,383) (8,84) (8,3) 12.67% 567,6 579,499 (1 1,899) -2.5% 549, ,321 (2.759) -.5% 48, ,528 (19,775) % 158,847 15,971 7, %.% ACTUAL ESTIMATED 218 Sch edule A4

9 : ACTUAL MS ESTIMATED MS (%) CURRENT MONTH: (%) TOTAL FPL MS GULF/SOUTHERN Other Other Other Other ACTUAL: ICTAL FPL AND GULF/SOUTHERN MS ESTIMATED: PURCHASED FROM TYPE & SCHEDULE (1) (2) 48,753 46, , ,526 (19,775) (19,775) -4.6%.%.% -4.6% (12,636) (12,636) -3.1%.%.% -3.1% 29,416 29,416 14,672 14,672 14,746 14,746 42,56 42,56 42,56 42,56 KWH TOTAL KWH FOR KWH KWH FOR OTHER INTERRUP- FOR PURCHASED UTILITIES TIBLE FIRM () () () () (3) (4) (5) (6) (Exclusive of Economy Energy Purchases) Fo r the Pe riod/month of: OCTOBER 218 PURC HASED POWER ,866, ,698, , % 5.6%.9% (1.7974) (555,593) 13.2% -2.4% -26.9% ,366, , , ,924, ,924,148 CENTS/KWH TOTAL$ FOR FUELADJ (a) (b) FUEL TOTAL (6)X(7Xa) COST COST $ (7) (6) SCHEDUL E AS

10 : ACTUAL MS ESTIMATED MS (%) CURRENT MONTH: {%) TOTAL - -~- - WEST-ROCK, EIGHT FLAGS AND RAYONIER ACTUAL: TOTAL WEST-ROCK, EIGHT FLAGS AND RAYONIER ESTIMATED: PURCHASED FROM TYPE & SCHEDULE (1) (2) 158, ,847 15,971 15,971 7,876 7, %.%.% 5.2% (697) (697) -4.3%.%.% -4.3% 15,493 15,493 15,493 15,493 16, ,19 16,19 KWH TOTAL KWH FOR KWH KWH FOR OTHER INTERRUP- FOR PURCHASED UTILITIES TIBLE FIRM () () () () (3) (4) (5) (6) For the Period/ Month of: OCTOBER 218 ENERGY PAYMENT TO QUALIFYING FACILITIES ,193, ,1, ,62-3.4% -3.4% 1.6% (37,94) 1.4% 1.4% -2.9% ,225, ,225, ,263,25 CENTS/KWH TOTALS FOR ' FUEL ADJ. (a) (b) FUEL TOTAL (6)X(7)(a) COST COST $ (7) (8) SCHEDULE A8a

11 : ACTUAL ESTIMATED % CURRENT MONTH: (%) FOOTNOTE: PURCHASED POWER COSTS INCLUDE CUSTOMER, DEMAND & ENERGY CHARGES TOTALING TOTAL ACTUAL: TOTAL ESTIMATED: PURCHASED FROM TYPE & SCHEDULE TOTAL FUEL ADJ. TOTAL $FOR COST IF GENERATED KWH TRANS. (a) (b) PURCHASED COST (3)X(4) TOTAL () CENTS/KWH 5 COST CENTS/KWH $ (1) (2) (3) (4) (5) (6) INCL UDING LONG TERM PURCHASES For the Period/Month of: OCTOBER 218 ECONOMY ENERGY PURCHASES (6)(b)-(5) $ FUEL SAVINGS (7) SCHEDULE A9