GUNSTER FLORIDA'S LAW FIRM FOR BUSINESS

GUNSTER FLORIDA'S LAW FIRM FOR BUSINESS Writer's Direct Dial Number: (850) 521-1706 Writer's E-Mail Address: bkeating@gunster.com February 27, 2017 BY ELECTRONIC FILING Ms. Carlotta Stauffer, Clerk Florida Public Service Commission 2540 Shumard Oak Boulevard Tallahassee, FL 32399-0850 Re: Docket No. 170001-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 32301 (850) 521-1706 215 South Monroe Street, Suite 601 Tallahassee, FL 32301-1804 p 850-521-1980 f 850-576-0902 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

BEFORE THE FLORIDA PUBLIC SERVICE COMMISSION In re: Fuel and purchased power cost recovery DOCKET NO. 170001-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 2016. 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 32034 2) 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 32301-1839 bkeating@gunster.com (850) 521-1706 Mike Cassel Director, Regulatory and Governmental Affairs Florida Public Utilities Company 1750 S 14th Street, Suite 200 Fernandina Beach, FL 32034 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.

Docket No. 170001-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-16-0547-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 2017. 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, 2017. Beth Keating Gunster, Yoakley & Stewart, P.A. 215 South Monroe St., Suite 601 Tallahassee, FL 32301 (850) 521-1706 bkeating@gunster.com Attorneys for Florida Public Utilities Company 2

Docket No. 170001-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 391 2540 Shumard Oak Boulevard Tallahassee, FL 32302 Tallahassee, FL 32399-0850 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 12950 1025 Thomas Jefferson Street, NW Pensacola, FL 32591-2950 Washington, DC 20007 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 810 700 Universe Boulevard Tallahassee, FL 32301 Juno Beach, FL 33408-0420 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 111 118 North Gadsden Street Tampa, FL 33601-0111 Tallahassee, FL 32301 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 32034 1300 Thornaswood Drive rncassel@fpuc.corn Tallahassee, FL 32308 schef@gbwlegal.corn 3

DocketNo. 170001-EI Robert L. McGee, Jr. Gulf Power Company One Energy Place Pensacola, FL 32520 rlmcgee@southernco.com Matthew Bernier Duke Energy 106 East College A venue, Suite 800 Tallahassee, FL 32301 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 32399-1400 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 33701 Dianne.Trinlett@duke-energy.com Michael Barrett Division of Accounting and Finance Florida Public Service Commission 2540 Shumard Oak Blvd. Tallahassee, Florida 32399-0850 mbarrett@nsc.state.fl.us By:. M_. ;t~--~--~"'''"""''~~~-,,"' - Beth Keating'~ Gunster, Y oakley & Stewart, P.A. 215 South Momoe St., Suite 601 Tallahassee, FL 32301 (850) 521-1706 4

BEFORE THE FLORIDA PUBLIC SERVICE COMMISSION Docket No. 170001-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. 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 A. Curtis Young, 1641 Worthington Road, Suite 220, West Palm Beach, Fl33409. 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 2016. 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.

Docket No. 170001-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 $2,415,898. 5 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

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. 170001-EI Florida Public Utilities Company {CDY -1) Page 1 of 3

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 45,119,750 811,013 858,665 940,968 13,717 49,214 21,965 24,430 117,881 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 91,000 101,339 103,904 80,927 57,572 56,605 55,545 Apr 2016 May 201G 43,174,769 45,403,697 1,124,160 1.410,517 72,269 49,014 163,834 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 91,000 106,737 55,276 Estimated Jul2016 68,382,290 925,000 420,000 980,000 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 51,223,741 925,000 925,000 925,000 420,000 420,000 420,000 980,000 980,000 980,000 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 50,756,002 925,000 925,000 420,000 420,000 980,000 980,000 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 86,214,000 254,807,913 307,857,267 679,405 1,092,000 1,101,604 682,853 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 0 04426 004350 0 05648 0 03675 003846 005648 0.04360 0.09378 0.05460 0.04360 0.09378 0.05460 0.04360 0 05648 0,04360 2_83 009378 005460 0.04360 0.09378 0.05460 0 04360 0 05648 Demand Charge- $/KW- JEA Demand Charge- $/KW- Gulf Distribution Facility Charge Transmission Charge $/KW- JEA Transmission Charge $/KW- Southern 11.15 11.15 1431 11.15 11.15 79.472 1115 151 1431 11.15 2.83 151 2.83 2.83 14,31 2.83 1431 2.83 RockTennFueiCosts RayonierStandbyCos\s Eight flags Gulf Base fuel Costs JEA Base Fuel Costs JEAFueiAdjuslmenl 35,895 1,741 1,602,117 1,352,462 360,450 31,475 6,427 1,353,619 928,333 299,986 35,108 1,495 1,264,233 847,180 267,870 41,942 9,080 1,238,997 841,971 262,325 52,626 3,061 1.507,488 1,030,979 325,986 53,453 3,291 768,495 1,746,617 1,157,262 365,915 63,882 1,178,820 1,820,813 972,280 259,126 92,896 1.178,905 1,901,996 736,840 196,378 92,896 1,178,905 1,629,454 898,160 239,372 63,882 1,178,905 1,264,131 619.120 165,004 92,896 1,178,905 1,287,326 348,800 92,960 92,896 1,178,905 1,235,138 470,880 125,496 496,145 524,443 7,841,840 17,851,929 10,204,267 2,960,868 3.352,665 2.619,840 2,415,886 2,394,315 2,920,140 4,095,033 4,335,862 4,147,956 4,079,728 3,331,983 3,041.828 3,144,256 39.879,492 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< 0.10181 0.11430 0.10162 0.09702 0.09400 0.07206 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 322.010 323,045 285,238 287,436 292.139 323.422 299,048 304,900 298,482 299.048 299.048 297.067 953,667 31,279 3.630.883 2.597104 2,494033 2,089,128 2.159 804 2,279,224 2496152 2.142,435 2162,597 1 984459 1 884,855 2,027 955 1 868,564 26186313 5949,769 5113,873 4505014 4,554119 5,199364 6591185 6,478297 6310553 6,064187 5216838 5069783 5012820 66065,805 106,899 115,595 74,826 60,043 89,610 101,829 269,304 269,304 269,304 269,304 269,304 269,304 2,164,626 Commodity 145357 134380 68617 70811 59586 110935 197932 161673 105,383 144206 212815 117,979 1529674 5,697,513 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 15,093 2.108 13233 758 5915 42,842 1631 32497 31,379 30,260 29143 28,024 26.907 5,705,539 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 1,743.023 942,572 918,576 505,606 336,989 452,311 1,175,500 1,657,938 1,454,736 1,483,086 690,491 515,282 972,366 548,223 506,672 482,590 477,741 512,134 641,616 671,103 646,445 663,862 546,615 459,066 472,729 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 1,126,457 670,516 591,275 607,366 640,347 633,718 734,807 821,492 779,506 740,430 685,735 629,677 621,936 45.221 45,610 45,289 44,658 44,569 44,964 45,324 45,324 45.324 45,324 45,324 45,324 109,298 244698 62,725,501 21,378,240 11,105,453 6,628,796 14,990,269 8,156,804 542,256 UnbilledFue\Revenues Total Fuel Revenues (Excl. GSLD1) GSLD1FuelRevenues.17197 248.714 (252,365) 88,431 (354,626) 488,522 130,565 (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 4,881,835 252,256 249,975 143,443 130,854 149,196 212,764 467,236 430,977 374,687 413,510 482,119 387,283 249,242 63,051,059 3,694,300 2 288,475 2321.991 2,160 694 1.928 308 1 973 491 2 332 567 2 546,202 2585 909 2188 142 2.301 469 2 211,046 3,202 533 28,040 827 7,965,947 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 19,114,460 16.188,168 15,100,653 17,120,904 209,997,488 8,246,639 8,036,696 4,423,592 2,948,341 3,957,302 10.284,547 14,505,432 12,727,606 12,975,644 6.041,166 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 11,610,547 154,653,684 7,132.968 6,290,000 6,461,176 6,812,036 6,741,513 7,816,901 8,739,059 8,292,408 7,876,725 7.294,870 6,698,529 6,616,174 86,772,359 2,570,000 2,720,000 1,390,000 1.440,000 1,210,000 2,250,000 2,941,667 2,313,333 1,536,667 2,058,333 2,850,000 1,620,000 24,900,000 627,777 633,105 629,380 621,832 621,268 624,081 628,994 628,994 628,994 628,994 628,994 628,994 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 61,225,524 68.~ _~,;?-~Q 64,587,492 64,503,875 51,223,741 46,213,261 50,756,002 646,166,694 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 4,881,835 131,846 131,846 131,846 131,846 131,846 131,846 131,846 131,846 131,846 131,846 131,846 131,842 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 61,468,911 5 705,539 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 62,725,501 (384,241) {302,749) (27,414) (764,281) {323,125) (416,117) 496,069 288,476 551,979 (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) 131.846 131,846 131,846 131,846 131,846 131,846 131,846 131.846 131,846 131,846 131.846 131.842 1.582.148 (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) (2,034.046) (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) 0.3400% 0.3450% 0.3350% 0.3400% 0.3700% 0.3700% 0.1400% 0.1400% 0.1400% 0.1400% 0.1400% 0.1400% (491) (561) (553) (636) (819) (893) {319) (258) (193) (148) (159) (163)

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 42,818,919 645,697,836 811,013 858,665 940,968 '1,124,160 1,410,517 1,432,667 956,471 1,183,438 1,026,757 1,276,635 847,699 1,528,666 13,397,656 13,717 49,214 21,965 72,269 49,014 30,936 52,630 18,644 28294 172 451,447 522,746 1,311,048 24,430 117,881!6,889 163,834 30,567 54,617 158,092 54,753 41,577 (935) 684,407 650,819 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 5,676,995 266,418,233 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 24,087,902 315,581,966 251,119 248,666 245,165 244,072 243,230 244,589 124,694 244,920 242,037 245,159 241,020 242,339 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 35,258 756,044 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 57,572 101,339 56,605 103,904 55,545 80,927 55,215 83,024 54,940 86,673 55,276 106,737 55,375 90,478 55,149 102,071 54,217 93,272 54,238 86,488 54,122 71,022 54,633 662,887 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 0.04360 2.73760 79.472 0,03675 79.472 001162 79.472 0.04743 0.08661 0.04743 Rru:kTennFueiCosts Rayon1erStandbyCosts EightFtagsCosts 35,895 1,741 31.475 6,427 35,108 1,495 41,942 9,080 52,626 3,061 53,452 35,686 44,!54 3,291 8,104 2,823 768,495 1,037,451 1,076,063 38,309 47,630 31,628 57,035 504,940 2,687 (29) 49,824 76,844 165,348 662,280 1.109,936 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 1,891.416 1,681,144 1,427,860 1,293,188 1,396,802 18,299,867 JEA Base Fuel Costs 1,352,462 928,333 847,180 841,971 1,030,979 1,157,262 925,163 895,252 888,453 599,656 319,533 208,630 9,994,874 JEA Fuel Adjustment 360,450 299,986 267,870 262,325 325,986 365,915 292,528 283,070 280,920 189,606 101,033 65,966 3,095,655 3.352.665 2.619 840 2415886 2394315 2920140 4.095.032 4195318 4.192778 3,553793 3374.659 2946700 3001988 39063114 DemandandNon-FueiCosts. JEAD<omandCh!lrge 1,178,314 1,073,o~"! /UI,t!"! 775,716 890,468 1,075,740 1,031,508 1,068,699 930,222 826,360 756,484 504,542 10,818,991 Southam Dost. Facilrt1es Charge 953,667 JEATransmlsskmCharge 153,022 156,895 122,200 125,366 130,876 161,173 136,622 182,837 140,841 130,597 107,243 115,216 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 168,988 166,150 163,038 162,070 161,263 162,249 42,022 161,375 159,140 162,077 158,862 160,362 1,827,596 MeterReadonganciProcessing 2,658 3,044 2654 2530 2495 2868 3200 3571 3424 3.109 2686 2506 34744 Subto!aiDemand&Non-FuelCosts 2597105 2494,034 2089129 2159804 2279224 2,496,152 2307,474 2,510605 2,327,750 2216,265 2119397 1876747 27473686 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 106,899 115,595 74,826 60,043 89,610 101,829 64,479 72,704 78,305 150218 262,002 47,989 1,224,498 (these 2 amounts (Demand and oomodrry) she Commmlrty 145,357 134,380 68,617 70,811 59,586 110,935 48,328 115.302 126,815 401,519 214,171 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 13,233 758 5,915 42,842 1,631 48,697 35,365 42,255 37,448 34,742 94,940 359,935 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 0.10181 1,840,357 1,873,576 1,703,545 1,561,152 1,633,719 1,964,189 2,074.905 2,064,775 2,047,343 1,827,307 1,538,386 1,618,033 21,747287 RS>1,000kwh 0.11430 0.10162 0.09702 0.09400 0.07206 SL,CSL 0.07206 TotaiFueiRevenues(Excl GSLD1) 942,572 548,223 918,576 506,672 505,606 482,590 336,989 477,741 452,311 512,134 1,175,500 641,616 1,553,061 700,585 1,487,977 705,150 1,430,381 719,789 732,018 620,290 319,018 484,576 435,695 476,094 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 14,777,013 670,516 591,275 607,366 640,347 633,718 734,807 646,897 775,118 745,488 668,052 619,102 631,576 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 32,120 382,824 12,819 12,8!6 12,853 12,919 12,919 12,914 12,915 12,918 12,918 12,921 12,919 12,915 154,745 248,714 (252,365} 88,431 (354,626) 488,522 130,565 449,129 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 62,151,620 252,256 249,975 143,443 130,854 149,196 212,764 112,807 188,006 205,120 551,737 476,173 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 15,894,019 213.628,137 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 10,883,963 152,543,376 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 2,250,000 980,000 2,340,000 2,570,000 7,610,000 4,420,000 200,000 29,700,000 627,777 633,105 629,380 621,832 621,268 624,081 621,176 621,548 623,810 625,274 625,792 625,094 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 42,818,919 645,697,836 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 6,109,505 4.852,728 3,835,977 4,368,544 62,151,620 131.846 131,846 131,846 131,846 131,846 131,846 131,846 131,846 131,846 131,846 131,846 131,846 1,582,152 5,321.298 4,580,300 4,340,834 3,670,817 4,775,803 5,969,854 6,795,666 6,475,525 5,977,659 4.720,882 3,704,131 4,236,698 60,569,468 5705,540 4883,051 4368248 4.435099 5069338 6380051 6480110 6556,660 5,724,596 5,082554 4,630584 4,921578 64237.408 (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} 131,846 131,846 131 846 131 846 131 846 131 846 131 846 131,846 131 846 131,846 131,846 131 846 1582152 (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) (2,124.164) (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% 0.3400% 0.3450% 0.3350% 0.3400% 0.3700% 0.3700% 0.3550% 0.3900% 0.4100% 0.4100% 0.4500% 0.5500% (491} (561} (553) (636) (815) (883) (823) (823) (792) (766) (1.032) (1,570)