Rates & Regulatory Updates

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Presentation transcript:

Rates & Regulatory Updates

Topics Covered Rate Updates Transmission Rates: 2015 Annual Update Regulatory Updates

2015 Annual Update Annual Update - May 15, 2015 Schedule 1 rate (0.77 $/kW-year) effective June 1, 2015 – May 31, 2016 2015 Projected rate (28.51 $/kW-year) effective June 1, 2015 – May 31, 2016 for Schedules 7, 8, and NITS rates 2014 True-up rate (25.52 $/kW-year) for Schedules 7, 8, and NITS rates charged in CY 2014 January – May (2013 Projection): 25.86 $/kW-year June – December (2014 Projection): 27.54 $/kW-year Schedule 1 rate (0.61 $/kW-year) effective June 1, 2014 – May 31, 2015 2014 Projected rate (27.54 $/kW-year) effective June 1, 2014 – May 31, 2015 for Schedules 7, 8, and NITS rates 2013 True-up rate (24.52 $/kW-year) for Schedules 7, 8, and NITS rates charged in CY 2013 January – May (2012 Projection): 24.62 $/kW-year June – December (2013 Projection): 25.86 $/kW-year

OASIS Postings: Currently Effective Rates

Annual Update Information Informational Filing at FERC [Docket No. ER11-3643] Open Access Same-Time Information System www.oasis.oati.com/ppw/ [Documents > PacifiCorp OASIS Tariff/Company Information > OATT Pricing > 2015 Transmission Formula Annual Update] July 10, 2015 – Annual Update Customer Meeting Schedules 5/6 November 11, 2013 – FERC approves BAL-002-WECC-2 Prior BAA contingency reserve obligation: 5% variable / 7% thermal New BAA contingency reserve obligation: 3% load / 3% generation October 1, 2014 – Effective date Target file date May 1, 2016 with July 1, 2016 requested effective date Schedules 3/3A August 15, 2013 – FERC rejected PacifiCorp’s April 1, 2013 filing (Docket No. ER13-1206) Filing Target Date – April 1, 2016 (for rates effective June 1, 2016) Target test period October 1, 2014 – September 30, 2015 (subject to change based on data availability)

Regulatory Updates Peak Reliability alternative funding agreement approved June 10, 2015. FERC Notice of Proposed Rulemaking to approve 7 CIP Standards on cybersecurity. NERC submitted compliance filing on Risk-Based Registration with proposal to eliminate Load-Serving Entity (LSE) function. AWEA petition to reform Large Generator Interconnection Procedures and Agreements.