FLORIDfl PUBLIC~ UTILITIES P.O. Box 3395 West Palm Beach, Florida 3342-3395 May 22, 218 Ms. Carlotta Stauffer, Director Commission Clerk and Administrative Services Florida Public Service Commission 254 Shumard Oak Blvd. Tallahassee, Florida 32399-95 Re: Docket No. 2181-EI CONTINUING SURVEILLANCE AND REVIEW OF FUEL COST RECOVERY CLAUSES OF ELECTRIC UTILITIES Dear Ms. Stauffer: We are enclosing the April 218 Fuel Schedules for our Consolidated Electric Florida divisions. The under-recovery for the month is higher than estimated primarily due to 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, ~/}~ Curtis D. Younf/_L f Regulatory Analyst Enclosure Cc: FPSC Beth Keating Buddy Shelley (no enclosure) SJ 8-441 1641 Worthington Road, Suite#22, West Palm Beach, Florida 33491 8.427.7712 I www.fpuc.com
Com pany: FLORIDA PUBLIC UTILITIES COMPANY CONSOLIDATED ELECTRIC DIVISIONS Fuel Cost of System Net Generation (A3) Nuclear Fuel Disposal Cost( A 13) 3 FPL Interconnect 4 Adjustments to Fuel Cost (A2, Page 1) 5 TOTAL COST OF GENERATED POWER 6 Fuel Cost of Purchased Power (Exclusive of Economy) (AS) 7 Energy Cost of Sched C & X Econ Purch (Broker)(A9) 8 Energy Cost of Other Econ Purch (Non-Broker)(A9) 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) 17 Fuel Cost of Other Power Sales (A7) 18 TOTAL FUEL COST AND GAINS OF POWER SALES (LINE 14 + 15 + 16 + 17) 19 NET INADVERTENT INTERCHANGE (A 1 ) 2 LESS GSLD APPORTIONMENT OF FUEL COST 2a TOTAL FUEL AND NET POWER TRANSACTIONS (LINES 5 + 12 + 18 + 19) 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 TOTAL JURISDICTIONAL FUEL COST 31 Revenue Tax Factor 32 Fuel Factor Adjusted for Taxes 33 FUEL FAC ROUNDED TO NEAREST.1 (CENTS/KWH) tnduded for Informational Purposes Only calculation Based on Jurisdictional KWH Sales! 2,33,72 18,157,31 2,173,41 12.% 196,777 186.533 1,13,472 113472.% 196,777 186,533 19,199,6 17,26,559 2,173,41 12.8% 196,777 186,533 19,199,6 17,26,55g 2,173,41 12.8% 196,777 186,533 1. 1...% 1. 1. 19,199,6 17,26,55g 2,173,41 12.8% 196,777 186.533 1,496,634 (229,997) 1,726,631-75.7% 17.86 (2,645) 11,472 13,675 (2,23) -16.1% 136 157 1,1 51,937 1,21,627 13,31 12.8% 13,75 11,748 28,87 1,365,119 ( 1,84,312) -79.4% 19,199,6 17,26,559 2,173,41 12.8% 228.424 195,793.% 228,424 195,793 19,48.47 18,391,678 1.88.729 5.9% 228,424 195,793 7,387,393 7,165,454 221,939 3.1% 16,78 132.362 5,12,135 5,1,847 19,288.4% 67,71 6 63,431 6,972,879 6.125,377 847.52 13.8% 16,78 132,362.%.%.% ACTUAL AMOUNT % ACTUAL DOLLARS COMPARISON OF AND ACTUAL FUEL AND PURCHASED POWER COST RECOVERY FACTOR MONTH: APRIL 218 1.169 1.49776 1.498 1,244 5.5% 1.33153 1,244 5.5%.57449 1,244 5.5% 9.7573 1,244 5.5% g,7573..% 1. 1,244 5.5% 9.7573 2,451-773.2%.7657 (21) -13.2%.583 1,957 16.7%.5854.% 32,631 16.7% 8.4523.%. 32,631 16.7% 32,631 16.7% 8.52816 28,346 21.4% 4.59678 4,285 6.8% 7.56114 28,346 21.4% 4.33885.%..%. AMOUNT % ACTUAL MWH 1.169 9.8957 9.891 9.73395.664 9.1279 9.1279 1. 9.1279 (.1233).733.54769 8.69618. 9.39341 5.41351 8.4157 4.62773.. CENTS/KWH..%.6719 6.1%.67 6.1 %.59758 6.1% (.3155) -5.2%.62913 6.9%.62913 6.9%..%.62913 6.9%.88387-716.9% (.15) -2.5%.3771 6.9% (.2995) -3.4%..% (.86525) -9.2% (.81673) -15.1% (.4843) -6.% (.28888) ~.2%..%..% AMOUNT % SCHEDULE A 1 PAGE 2 OF 2
7. Adjusted Total Fuel & Net Power Transactions 4,274,62 4,333,955 (59,335) 8. Less Apportionment To GSLD Customers 44,884 365,645 (32,761) 9. Net Total Fuel & Power Transactions To Other Classe~ -- $ 4L229,736 $ 3,968,31 $ 261,426 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 5. Total Fuel & Net Power Transactions 6. Adjustments to Fuel Cost (Describe Items) 6a. Special Meetings - Fuel Market Issue 16,771 17,85 1 a. Fuel Related Transactions (Nuclear Fuel Disposal) 1,332,44 1,683,48 1,241,965 4,257,849 1,455,71 1,662,116 1,198,918 4,316,15 (1,79) (58,256) (122,667) 21,364 43,47 $ ACTUAL AMOUNT CURRENT MONTH Month of: APRIL 218 Division: CONSOLIDATED ELECTRIC DIVISIONS CALCULATION OF TRUE-UP AND INTEREST PROVISION -1.4% 19,754,5-87.7% 28,87 6.6% $ 19,473,243 $ -6.% 273,643-1.4% 19,48,47-8.4% 6,972,879 1.3% 7,387,393 3.6% 5,12,135.% $ $ % ACTUAL 18,464,528 1,365,119 17,99,49 $ 72,85 18,391,678 6,125,377 7,165.454 5,1,847 $ 1,289,522 7.% (1,84,312) -79.4% 2,373,834 13.9% 2,793 275.6% 1,88,729 5.9% 847,52 13.8% 221,939 3.1% 19,288.4%.% AMOUNT % SCHEDULE A2 Page 1 of 4
C. KWH Sales (Excluding GSLD) 1. Jurisdictional Sales KWH 41,896,962 42,684,292 (787,33) 2. Non Jurisdictional Sales 3. Total Sales 41,896,962 42,684,292 (787,33) 4. Jurisdictional Sales% of Total KWH Sales 1.% 1.Yo.% B. Sales Revenues (Exclude Revenue Taxes & Franchise Taxes) 1. Jurisidictional Sales Revenue (Excluding GSLD) $ s $ a. Base Fuel Revenue b. Fuel Recovery Revenue 3,734,729 4,39,343 (34,614) c. Jurisidictional Fuel Revenue 3,734,729 4,39,343 (34,614) d. Non Fuel Revenue 1,946,592 1,934,57 12,84 e. T otal Jurisdictional Sales Revenue 5,681,321 5,973,85 (292,53) 2. Non Jurisdictional Sales Revenue 3. Total Sales Revenue (Excluding GSLD) $ 5,681,321 $ 5,973,85 $ (292,53) ACTUAL AMOUNT CURRENT MONTH Month of: APRIL 218 Division: CONSOLIDATED ELECTRIC DIVISIONS CALCULATION OF TRUE-UP AND INTEREST PROVISION -1.8% 189,946,844.% -1.8% 189,946,844.% 1.% -7.5% 17,417,41 5-7.5% 17,417,415.6% 8,775,658-4.9% 26,193,73.% -4.9%$ 26,193,73 $ $ s % ACTUAL 18,479,73 18.479,73 1.% 17,13,365 17,13,365 1,544,52 27,647,4 17 27,647,417 $ $ 9,467,141 5.3%.% 9,467,141 5.3%.%.% 314,5 1.8% 314,5 1.8% (1,768,394) -16.8% (1,454,344) -5.3%.% (1,454,344) -5.3% AMOUNT % SCHEDULE A2 Page 2 of 4
Jurisdictional Loss Multiplier D. T rue-up Calculation (Excluding GSLD) 1. Jurisdictional Fuel Rev. {line B-1c) $ 3,734,729 $ 4,39,343 $ (34,614) 2. Fuel Adjustment Not Applicable a. True-up Provision 282,618 282,618 b. Incentive Provision c. Transition Adjustment (Regulatory Tax Refund) 3. Jurisdictional Fuel Revenue A pplicable to Period 3,452,111 3,756,725 (34,614) 4. Adjusted Total Fuel & Net Power Transaction (Line A-7) 4,229,736 3,968,31 261,426 5. Jurisdictional Sales % of Total KW H Sales (Line C-4) 1% 1%.% 6. Jurisdictional Total Fuel & Net Power T ransactions 4,229,736 3,968,31 261,426 (Line D-4 x Line D-5 x *) 7. True-up Provision for the Month Over/Under Collection (777,625) (211,585) (566,4) (Line D-3- Line D-6) 8. Interest Provision for the Month ( 11,77) (1,84) (1,623) 9. T rue-up & lnst. Provision Beg. of Month (7,223,74) (3,461,531) (3,762,29) 9a. Deferred True-up Beginning of Period 1. True-up Collected (Refunded) 282,618 282,618 11. End of Period - Total Net True-up $ (7,73,454) $ (3,391,582) $ (4,338,872) (Lines D7 through D1 ) ACTUAL AMOUNT CURRENT MONTH Month of : APRIL 218 Division: CONSOLIDATED ELECTRIC DIVISIONS CALCULATION OF TRUE-UP AND INTEREST PROVISION.% 1,13,472 127.9% $ (7,73,454) $ 98.% (37,231) 18.7% (5,637,395) 267.5% (3, 186,3) -8.1% 16,286,943 6.6% 19,473,243.% N/A 6.6% 19,473,243.% 1,13,472-7.5% $ 17,417,415 $ % ACTUAL 1,13,472 (3,391,582) $ (4,122) (3,391,416) (1,126,516) 15,972,893 17,99,49 N/A 17,99,49 1,13,472 17,13,365 $.% (4,338,872) 127.9% (33,19) 83.2% (2,245,97g) 66.2% (2,59,784) 182.9% 2,373,834 13.9%.% 314,5 2.% 2,373,834 13.9%.% 314,5 1.8% AMOUNT % SCHEDULE A2 Page 3 of 4
E. Interest Provision (Excluding GSLD) 1. Beginning True-up Amount (lines D-9 + 9a) $ (7,223,74) $ (3,461,531) $ (3,762,29) 2. Ending True-up Amount Before Interest (7,718,747 ) (3,39,498) (4,328,249) (line D-7 +Lines D-9 + 9a + D-1 ) 3. Total of Beginning & Ending True-up Amount (14,942,487) (6,852,29) (8,9,458) 4. Average True-up Amount (5% of Line E-3) $ (7,471,244) $ (3,426,15) $ (4,45,229) 5. Interest Rate - First Day Reporting Business Month 1.86% N/A - 6. Interest Rate - First Day Subsequent Business Month 1.9% N/A -- 7. Total (Line E-5 +Line E-6) 3.76% N/A -- 8. Average Interest Rate (5% of Line E-7) 1.88% N/A -- 9. Monthly Average Interest Rate (Line E-8/ 12).1567% N/A -- 1. Interest Provision (Line E-4 x Line E-9) (11,77) N/A -- ACTUAL AMOUNT CURRENT MONTH Month of: APRIL 218 Division : CONSOLIDATED ELECTRIC DIVISIONS CALCULATION OF TRUE-UP AND INTEREST PROVISION 18.7% N/A N/A 127.7% N/A N/A N/A N/A 118.1 % N/A N/A 118.1% N/A N/A - N/A N/A -- N/A N/A -- N/A N/A -- N/A N/A -- N/A N/A -- N/A N/A % ACTUAL AMOUNT % - -- SCHEDULE A2 Page 4 of 4
1 2 3 4 4a 5 6 7 8 Sa 6b 9 1 11 12 13 14 15 16 16a 16b 17 16 18a 16b 19 2 21 21a 22 23 23a 23b 24 25 CONSOLIDATED ELECTRIC DIVISIONS (MWH) System Net Generation Power Sold Inadvertent Interchange Delivered - NET Purchased Power Energy Purchased For Qualifying Facilities Economy Purchases Inadvertent Interchange Received - NET Net Energy for Load Sales (Billed) Unbilled Sales Prior Month (Period) Unbilled Sales Current Month (Period) Company Use T&D Losses Estimated @ Unaccounted for Energy (estimated) % Company Use to NEL 'lo T&D Losses to NEL 'lo Unaccounted for Energy to NEL ($) Fuel Cost of Sys Net Gen Fuel Related Transactions Adjustments to Fuel Cost Fuel Cost of Power Sold Fuel Cost of Purchased Power Demand & Non Fuel Cost of Pur Power Energy Payments To Qualifying Facilities Energy Cost of 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 Qualifying Facilities Energy Cost of Economy Purch. Total Fuel & Net Power Transactions 6.566 4.76 5.153 7.345 4 257 649 1,332,44 1,663,46 1,241,965.6% 6.% 7.23% 32.6 2,975 3,587 49,581 42,987 32,671 16,91 ACTUAL 9.221 (.633) -6.86% 4.61 5.255 7.696 (.523) (.12) (.553) -11.37% -1.94% -7.% 4 316 15 (56 256) -1.35% 1,455,71 1,662,116 1,196.918 (122,667) 21,364 43,47-6.43% 1.29% 3.59%.8% 6.% -1.37% -.2%.% 6.6% -25.%.% -627.74% 38 2,88 (643) (6) 167 4,229-16.4% 5.95% -658.19% 46,88 44,64 2,773 (1,617) 5.92% -3.63% 31,628 15,18 1,43 1,73 3.3% 11.39%.% CURRENT MONTH AMOUNT % ELECTRIC ENERGY ACCOUNT Month of: APRIL 6.528 9.393 (.665) -9.21% 4.339 4.628 (.269) -6.24% 4.597 5.414 (.817) -15.9% 7.561 8.42 (.481) -5.96% 19 48 47 16 391 676 1 86 729 5.92% 6.972,679 6,125,377 647,52 13.84% 7,367,393 7,165,454 221,939 3.1% 5,12,135 5,1,647 19,266.36%.6%.6% -.2% -25.% 6.% 6.%.%.% 7.8% -1.35% 9.15% -677.76% 136 157 (21) -13.2% 13,75 11,748 1,957 16.66% 17,66 (2,645) 2,451-773.24% 228,424 195,793 32,631 16.67% 196,777 186,533 1,244 5.49% 16,78 132,362 28,346 21.42% 67,716 63,431 4,285 6.76%.% ACTUAL AMOUNT % 218 Sch edule A4
I : ACTUAL MS MS l%l CURRENT MONTH: (%) TOTAL FPL MS GULF/SOUTHERN Other Other Other Other ACTUAL: TOTAL FPL AND GULF/SOUTHERN MS : PURCHASED FROM TYPE & SCHEDULE (1) (2) CONSOLIDATED ELECTRIC DIVISIONS 16,78 16,78 132,362 132,362 28,346 28,346 21.4% ~% - ---- -.% 21.4% 54 54 1.6%.%.% 1.6% 32 132 32,132 11,734 11,734 2,398 2,398 31 628 -~8 31,628 31,628 TOTAL KWH KWH FOR KWH KWH FOR OTHER INTERRUP- FOR PURCHASED UTILITIES TIBLE FIRM () () () () (3) (4) (5) (6) (Exclusive of Economy Energy Purchases) For the Period/Month of: APRIL 218 PURCHASED POWER 4.33885 4.43885 6,972,879 4.62773 4.72773 6,125,377 (.28888)...28888 847,52-6.2% -6.1% 13.8% 2.538866 (5.76878) (122,667) 55.2% -58.5% -8.4% 7.13951 4.87123 1,332,44 1.43186 4.87123 167.818 I 5.79315 12.43467 1,164,586........ 4.6635 9.8559~L..--- 1,455,Ql1 4.6635 9.85594 1,455,71 I CENTS/KWH TOTALS FOR FUEL ADJ. (a) (b) FUEL TOTAL (6 )X(7)(a) COST COST $ (7) (8) SCHEDULE AS
-- : ACTUAL MS MS I%) CURRENT MONTH: (%) TOTAL WEST-ROCK, EIGHT FLAGS AND RAYONIER ACTUAL: TOTAL WEST-ROCK, EIGHT FLAGS AND RAYONIER : PURCHASED FROM TYPE & SCHEDULE (1) (2) CONSOLIDATED ELECTRIC DIVISIONS 67,716 67,716 63,431 63,431 4,285 4,285 6.8%.%.% 6.8% 1,73 1,73 11.4%.%.% 11.4% 16 9 1 16 91 16,91 16.91 1518 1518 15,18 15,18 KWH TOTAL KWH FOR KWH KWH FOR OTHER INTERRUP- FOR PURCHASED UTILITIES TIBLE FIRM () () () () (3) (4) (5) (6) For the Per iod/month of : APRIL 218 ENERGY PAYMENT TO QUALIFYING FACILITIES 7.561137 7.561137 5,12,135 8.41568 8.41568 5,1,847 -.48431 -.48431 19,288-6.% -6.%.4% -.55331 -.55331 43.47 1-7.% -7.% 3.6% 7.34471 7.34471 1 241 965 7.34471 7.34471 1,241,965 7.8981 1 7.89811 1 198 918 7.89811 7.89811 1,198,918 1 CENTS/KWH TOTAL$FOR I (a) (b) FUEL ADJ. FUEL TOTAL (6)X(7)(a) I COST COST $ (7) (8) SCHEDULE ASa
: ACTUAL (%) CURRENT MONTH: (%) FOOTNOTE: PURCHASED POWER COSTS INCLUDE CUSTOMER, DEMAND & ENERGY CHARGES TOTALING TOTAL I '"'" I I I I I I I 1 ACTUAL: : PURCHASED FROM TYPE & SCHEDULE TOTAL$FOR TOTAL FUEL ADJ. KWH TRANS. COST IF GENERATED (a) (b) PURCHASED COST (3) X (4) TOTAL () CENTS/KWH $ COST CENTS/KWH $ FUEL SAVINGS (6)(b)-(5) $ (1) (2) (3) (4) (5) (6) (7) INCLUDING LONG TERM PURCHASES For the Period/Month of: APRIL 218 ECONOMY ENERGY PURCHASES CONSOLIDATED ELECTRIC DIVISIONS SCH EDULE A9