ENTERGY NEW ORLEANS, LLC ELECTRIC SERVICE Effective: December 1, 2017 Filed: December 21, 2017

Transcription

1 ENERGY NEW ORLEANS, LLC ELECRIC SERVICE RIDER SCHEDULE FAC-7 FUEL ADJUSMEN CLAUSE Supersedes: FAC-6 effective 11/1/15 Schedule Consists of: wo Pages Plus and Page 26.1 I. GENERAL A. PURPOSE his Fuel Adjustment Clause ( Rider FAC ) defines the procedure by which Entergy New Orleans, LLC ( ENOL or Company ) shall recover its net fuel, purchased energy and capacity costs in accordance with the provisions of Section III of this Rider FAC. Rider FAC shall apply in accordance with the provisions of Section I.B below to electric service furnished throughout the City of New Orleans, including the Fifteenth Ward, and billed under certain rate schedules and/or rider schedules, whether metered or unmetered, subject to the jurisdiction of the Council of the City of New Orleans ( Council ). B. FUEL ADJUSMEN CLAUSE RAES Effective with the first billing cycle for the month of November 2015, the monthly rates associated with the Fuel Adjustment Clause ( Fuel Adjustment Clause Rates ) shall be set forth in, Section 4, Page 1 of 6, to this Rider FAC. he Fuel Adjustment Clause Rates shall be determined in accordance with the provisions of Sections II and III of this Rider FAC. he Fuel Adjustment Clause Rates shall be applied in accordance with the provisions set out in to this Rider FAC. However, if any of the Fuel Adjustment Clause Rates are expected to be more than twenty five (25) percent higher than the rate charged in the previous month, the Company has the obligation to notify the Council within ten (10) days prior to the first billing cycle in which the Fuel Adjustment Clause Rates will be charged. II. MONHLY FUEL ADJUSMEN CLAUSE FILING On or before the first billing cycle of each month, the Company shall file a monthly Fuel Adjustment Clause with the Council. he monthly Fuel Adjustment Clause shall include the monthly Fuel Adjustment Clause Rates as determined by application of the formula set out in to this Rider FAC. Each Fuel Adjustment Clause shall be filed with the Council and shall be accompanied by a set of workpapers sufficient to document fully the calculations of the redetermined Fuel Adjustment Clause Rates. III. MEHODOLOGIES A. FUEL RAE he Fuel Rate shall be determined as set forth in, Section 1, Page 1 of 6, to this Rider FAC. B. GEOGRAPHIC-SPECIFIC RAES he Geographic-Specific rate for Customers not located in the Fifteenth Ward of the City of New Orleans ( Legacy ENOL Customers ) shall be determined as set forth in, Section 1, Page 4 of 6 to this Rider FAC. he Geographic-Specific rate for Customers located in the Fifteenth Ward of the City of New Orleans ( Algiers Customers ) shall be determined as set forth in, Section 1, Page 5 of 6 to this Rider FAC. (Continued on reverse side)

2 Page 26.2 C. OVER / UNDER RECOVERY he Fuel Adjustment Clause should include over / under recovery computations to provide a true-up of Fuel Costs to actual Rider FAC revenues. his computation should be made in accordance with, Page 2 of 6 to this Rider FAC for Legacy ENOL Customers and Page 3 of 6 for Algiers Customers. D. CARRYING CHARGES ON OVER / UNDER RECOVERY he over / under recovery computations should include interest on the average of the balances existing at the beginning and end of the current operating month. he interest rate to be utilized is the prime bank lending rate as published in the Wall Street Journal on the last business day of each month. IV. CORRECION OF ERRORS IN PRIOR PERIODS ENOL is obligated to correct filing errors in prior period Fuel Adjustment Clause s. errors are differentiated from vendor invoice errors or changes that occur on a continuing basis that are simply corrected in the then-current operating month s fuel costs. errors in prior period filings must be described and quantified in a supplemental report in the current operating month filing. Correction of the errors will be through an addition or subtraction to the cumulative over / under recovery balance absent other direction from the Council. he correction of the error should include interest from the effective date of the error through the effective date of the correction pursuant to Section III D above. V. ERM his Rider FAC shall remain in effect until modified or terminated in accordance with the provisions of this Rider FAC or applicable regulations or laws. Nothing herein shall prevent the Council or the Company from proposing elimination of this Rider FAC at any time in the manner provided by law. Nothing contained in this Rider FAC shall limit the right of any party to file an appeal as provided by law. RIDER SCHEDULE FAC-7

3 ENERGY NEW ORLEANS, LLC FUEL ADJUSMEN CLAUSE RAE FORMULA Page 1 of 6 Page 26.3 Page 1 of 6 NO DESCRIPION REFERENCE SECION 1 FUEL RAES 1 Actual Fuel and Purchased Power Energy Costs for Operations Month - Per Books : P2, L9 + P3, L5 1a otal Company kwh Input for Operations Month WP4 kwh 1b Fuel Rate L1/ L1a SECION 2 GEOGRAPHIC-SPECIFIC LEGACY ENOL 2 Capacity Rate for All kwh Sales in Billing Month Excluding Rate Schedule EIS Available and Off-Peak kwh Sales : P4, L12 3 Capacity Rate for Rate Schedule EIS Available and Off- Peak kwh Input in Billing Month : P4, L13 SECION 3 GEOGRAPHIC-SPECIFIC ALGIERS 4 Algiers Allocation Factor : P5, L31 Page 1a of 6 SECION 4 LOSS FACORS / LOSS MULIPLIERS 5 6 Legacy ENOL otal Legacy ENOL Fuel and Geographic-Specific Non- ransmission & ransmission Rate before Loss Factor and Surcharge L1b + L2 otal Legacy ENOL Fuel and Geographic-Specific EIS Available and Off-Peak Rate before Loss Factor and Surcharge L1b + L3 7 Non-ransmission Service Level Voltage Loss Factor : P6, L5 8 Fuel Rate per kwh Delivered for Non-ransmission Service Voltage Level Sales in Billing Month L5 * L7 9 ransmission Service Level Voltage Loss Factor : P6, L6 10 Fuel Rate per kwh Delivered for ransmission Service Voltage Level Sales in Billing Month Excluding Rate Schedule EIS Available and Off-Peak kwh Sales in Billing Month L5 * L9 11 Fuel Rate per kwh Delivered for Rate Schedule EIS Available and Off-Peak kwh Sales in Billing Month (L6 * L9) * 1.3 Algiers otal Algiers Fuel and Geographic-Specific Rate before 12 Loss Factor and Surcharge L1b + L4 Loss Multipliers: 13 Average Loss Multiplier : P6, L7 14 Average Fuel and Purchased Power Rate per kwh L12 * L7 * L13 15 Secondary Loss Multiplier : P6, L8 16 Secondary Fuel and Purchased Power Rate per kwh L12 * L7 * L15 17 Primary Loss Multiplier : P6, L9 18 Primary Fuel and Purchased Power Rate per kwh L12 * L7 * L17 19 ransmission (Below 230 kv) Loss Multiplier : P6, L10 20 ransmission (Below 230 kv) Fuel and Purchased Power Rate per kwh L12 * L7 * L19 21 ransmission (230 kv and Above) Loss Multiplier : P6, L11 22 ransmission (230 kv and Above) Fuel and Purchased Power Rate per kwh L12 * L7 * L21 SECION 5 (OVER) / UNDER SURCHARGE RAE 23 Legacy ENOL (Over) / Under Surcharge Rate for All kwh Sales in Billing Month : P2, L16 24 Algiers (Over) / Under Surcharge Rate for All kwh Sales in : P3, L12 Billing Month SECION 6 FUEL ADJUSMEN CLAUSE RAES Legacy ENOL Fuel Adjustment Clause Rate in Billing Month for: 25 Non-ransmission Service Voltage Level kwh Sales L8 + L23 26 ransmission Service Voltage Level Sales Excluding Rate Schedule EIS Available and Off-Peak kwh Sales L10 + L23 27 Rate Schedule EIS Available and Off-Peak kwh Sales L11 + L23 Algiers Fuel Adjustment Clause Rate in Billing Month for: 28 Average Fuel Adjustment Rate per kwh L14 + L24 29 Secondary Fuel Adjustment Rate per kwh L16 + L24 30 Primary Fuel Adjustment Rate per kwh L18 + L24 31 ransmission (Below 230 kv) Fuel Adjustment Rate per kwh L20 + L24 32 ransmission (230 kv and Above) Fuel Adjustment Rate per kwh L22 + L24

4 Page 26.4 Page 2 of 6 ENERGY NEW ORLEANS, LLC FUEL ADJUSMEN CLAUSE RAE FORMULA LEGACY ENOL SURCHARGE FOR (OVER) / UNDER BILLING RECOVERY Page 2 of 6 NO DESCRIPION REFERENCE SECION 1 FUEL ADJUSMEN REVENUE 1 Non-ransmission Service Voltage Level Sales for Operations Month WP2 kwh 2 ransmission Service Voltage Level Sales for Operations Month Excluding Rate Schedule and EIS Available and Off-Peak kwh Sales WP2 kwh 3 Rate Schedule EIS Available and Off-Peak kwh Sales for Operations Month WP2 kwh 4 Fuel Adjustment Clause Rate for Non-ransmission Service Voltage Level Sales in Operations Month 5 Fuel Adjustment Clause Rate for ransmission Service Voltage Level Sales in Operations Month Excluding Rate Schedule EIS Available and Off- Peak kwh Sales 6 Fuel Adjustment Clause Rate for Rate Schedule EIS Available and Off-Peak kwh Sales in Operations Month 7 Fuel Adjustment Revenue for Operations Month (L1 * L4) + (L2 * L5) + (L3 * L6) SECION 2 CUMULAIVE (OVER) / UNDER COLLECION 8 Legacy ENOL Cumulative (Over) / Under Collection : P2, L14 of Previous Month from Previous Month 9 Actual Fuel and Purchased Power Energy Costs for Operations Month - Per Books (Allocated) WP3 10 Capacity Cost for Operations Month : P4, L10 11 Fuel Adjustment Revenue for Operations Month L7 12 Prior Period Adjustment 13 Interest on Average of Beginning-of-Month and Endof-Month Cumulative (Over) / Under Balances for Operations Month ((L8 + (L8 + L9+ L10 - L11 +L12)) / 2) * ((Prime Rate) / 12) (See Note) 14 Cumulative (Over) / Under for Operations Month L8 + L9 + L10 - L11 + L12 + L13 SECION 3 (OVER) / UNDER SURCHARGE RAE 15 Sales for 12 Months Ending With Operations Month WP2 kwh 16 (Over) / Under Surcharge Rate for All kwh Sales in Billing Month L14/L15 Note : Prime Rate on the last business day of the operations month as stated in the Wall Street Journal was 3.25%

5 Page 26.5 Page 3 of 6 ENERGY NEW ORLEANS, LLC FUEL ADJUSMEN CLAUSE RAE FORMULA ALGIERS SURCHARGE FOR (OVER) / UNDER BILLING RECOVERY Page 3 of 6 NO DESCRIPION REFERENCE SECION 1 FUEL ADJUSMEN REVENUE 1 Algiers (CNO) Jurisdictional Sales for Operations Month: 1a Average WP2 kwh 1b Secondary (Below 13 kv) WP2 kwh 1c Primary (13 kv to 114 kv) WP2 kwh 1d ransmission (Below 230 kv) WP2 kwh 1e ransmission (230 kv and Above) WP2 kwh 1f otal Algiers (CNO) Sales WP2 kwh 2 Fuel Adjustment Rate Applied in Operations Month: 2a Average 2b Secondary (Below 13 kv) 2c Primary (13 kv to 114 kv) 2d ransmission (Below 230 kv) 2e ransmission (230 kv and Above) 3 Fuel Adjustment Revenue for Operations Month: 3a Average L1a * L2a 3b Secondary (Below 13 kv) L1b * L2b 3c Primary (13 kv to 114 kv) L1c * L2c 3d ransmission (Below 230 kv) L1d * L2d 3e ransmission (230 kv and Above) L1e * L2e 3f otal Fuel Adjustment Revenue Sum L3a - L3e SECION 2 CUMULAIVE (OVER) / UNDER COLLECION 4 Algiers Cumulative (Over) / Under Collection from Previous Month : P3, L10 of Previous Month 5 otal Algiers (CNO) Jurisdictional Fuel and Purchased Power Costs - Per Books (Allocated) WP3 6 Geographic-Specific Algiers Adjustments : P5, L22 7 Prior period adjustments 8 Fuel Adjustment Revenue for Operations Month L3f 9 Interest on Average of Beginning-of-Month and Endof-Month Cumulative (Over) / Under Balances for Operations Month ((L4 + (L4 + L5 + L6 + L7 - L8)) / 2 * (Prime Rate / 12) (See Note) 10 Cumulative (Over) / Under for Operations Month L4 + L5 + L6 + L7 - L8 + L9 SECION 3 11 Algiers (CNO) Jurisdictional Sales for 12 Months Ending With Operations Month WP2 kwh 12 (Over) / Under Surcharge Rate for All kwh Sales in Billing Month L10 / L11 Note : Prime Rate on the last business day of the operations month as stated in the Wall Street Journal was 3.25%

6 Page 26.6 Page 4 of 6 ENERGY NEW ORLEANS, LLC FUEL ADJUSMEN CLAUSE RAE FORMULA Page 4 of 6 NO DESCRIPION REFERENCE SECION 1 Geographic-Specific Legacy ENOL 1 Actual Capacity Cost of New Resource Plan WP3 2 Plus Reserve Equalization in Account 555 WP3 3 Less Reserve Equalization in Account 447 WP3 4 Legacy ENOL MSS-1 Allocation Factor 5 otal Legacy ENOL MSS-1 (L2 - L3) * L4 Plus Non-Energy Costs in FERC Accounts 501 and costs 7 Plus Call Options Premium in Account 555 WP3 Plus Actual Grand Gulf Non-Fuel Costs for Operations 8 Month (ENOL's purchase from SERI) 9 Less Grand Gulf Non-Fuel Costs in Base Rates WP3 WP1, Operations Month 10 Capacity Cost for Operations Month L1-L5+L6+L7+L8-L9 11 kwh Input for Operations Month WP4 kwh Capacity Rate for All kwh Sales in Billing Month Excluding Rate Schedule EIS Available and Off-Peak 12 kwh Sales L10 / L11 Capacity Rate for Rate Schedule EIS Available and Off- 13 Peak kwh Input in Billing Month L12

7 Page 26.7 Page 5 of 6 ENERGY NEW ORLEANS, LLC FUEL ADJUSMEN CLAUSE RAE FORMULA Page 5 of 6 NO DESCRIPION REFERENCE SECION 1 Geographic-Specific Algiers Grand Gulf Retained Share Energy Re-Pricing 1 ENOL Fuel Cost WP3 2 Algiers (CNO) Jurisdictional Factor 3 Algiers Fuel Cost L1 * L % Uprate L3 * 12.1% 5 Algiers Fuel Cost w/o Uprate L3 - L4 6 Removal of Disallowed 18% 7 Algiers Fuel Cost less Uprate and Disallowance L5 * 82% 8 ENOL kwh 9 Algiers (CNO) Jurisdictional Factor 10 Algiers kwh L8 * L9 11 Retained Share 12 Algiers kwh Retained Share L10 * L11 13 Removal of Extended Power Uprate 14 Algiers kwh Retained Share less Extended Power Uprate L12 * L13 15 KWH X 46 Mills = L14 * % Uprate added back L4 17 otal Grand Gulf L7 + L15 + L16 18 Less: Algiers Fuel Cost L3 19 otal Grand Gulf Adjustment L17 + L18 MSS-1 20 Reserve Equalization WP3 21 Algiers MSS-1 Allocation Factor 22 otal Algiers MSS-1 Expense / (Revenue) L20 * L21 23 Less: MSS-1 Algiers Base Rate 24 Difference to be included in FAC L22 - L23 Net Balance 25 ENOL Net Balance WP3 26 Algiers Allocation Factor 27 otal Algiers Net Balance L25 * L26 Energy Smart 28 Algiers Energy Smart Adjustment 29 otal Geographic-Specific Algiers L19 + L24 + L27 + L28 30 Algiers kwh Input for Operations Month WP4 kwh 31 Algiers Geographic-Specific Rate L29 / L30

8 ENERGY NEW ORLEANS, LLC FUEL ADJUSMEN CLAUSE RAE FORMULA LOSS FACORS / LOSS MULIPLIERS Page 26.8 Page 6 of 6 NO DESCRIPION REFERENCE SECION 1 SALES AND INPU 1 otal Company Sales Subject to FAC for 12 Months Ending with Operations Month WP2 kwh 2 otal Company Net Area Input for 12 Months Ending with Operations Month WP4 kwh 3 ransmission Service Voltage Level Sales for 12 Months Ending with Operations Month Adjusted to Input Level WP2 kwh 4 Net Area Input for Non-ransmission Service Voltage Level for 12 Months Ending with Operations Month L2 - L3 kwh SECION 2 Loss Factors: LOSS FACORS/LOSS MULIPLIERS 5 otal Company Loss Factor 6 ransmission Service Level Voltage Loss Factor L4 / L1 WP5 Loss Multipliers: 7 Average 8 Secondary (Below 13 kv) 9 Primary (13 kv to 114 kv) 10 ransmission (Below 230 kv) 11 ransmission (230 kv and Above) Per otal Company Bi-Annual