Montenegro Accession to EU: Chapter 10 Information Society
Montenegro's journey towards EU accession involves Chapter 10 on Information Society and Media. The country has made significant progress in transitioning from analogue to digital broadcasting, implementing relevant national legislation and strategies. The negotiations highlight the regulatory framework changes and achievements in digital broadcasting so far.
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Muscatine Power and Water Attachment O Annual Meeting Transmission Formula Rate Update August 30, 2022
Background Muscatine Power and Water (MPW) became a Transmission Owning member of MISO in September 2009 As a Transmission Owner (TO), MPW must annually establish rates for open access use of its transmission assets MPW utilizes MISO s standard (pro forma) Attachment O formula rate template to determine these rates MPW utilizes the Non-levelized Attachment O template based on data from EIA 412 EIA (Energy Information Administration) form 412 is a standard annual financial reporting form prepared by electric utilities and filed with EIA MPW is no longer required to file an EIA-412, but it is prepared to support Attachment O preparation Muscatine Power and Water August 30, 2022
Purpose of Annual Meeting Allow for public/stakeholder comment related to MPW s 2022 Attachment O submittal Based on 2021 Calendar Year audited financial statements Muscatine Power and Water August 30, 2022
ROE Changes The base Return On Equity (ROE) has been adjusted several times over the past few years based on FERC orders on the subject Below is a summary of the ROEs used: 2019 initial base rate 9.88% 2019 adjusted base rate 10.32% 2020 initial base rate 9.88% 2020 adjusted base rate 10.02% 2021 base rate 10.02% 2022 base rate 10.02% In each of these years MPW has been allowed a 0.50% adder for being an RTO member. Therefore, the total rate for 2022 is 10.52% Muscatine Power and Water August 30, 2022
Attachment O Timeline Due Date Item Comment MPW data sent to MISO on 5/2/22 but posting delayed until 8/9/22 due to a misunderstanding with MISO staff. Jun 1, 2022 Publish Attachment O and supporting documentation based on 2021 Calendar Year actual data Sep 1, 2022 Hold Annual Meeting on annual formula rate update MPW meeting scheduled for 8/30/2022 Dec 1, 2022 Deadline for Interested Parties to submit information requests Jan 10, 2023 Deadline for TO to respond to information requests Jan 31, 2023 Deadline for Interested Parties to submit Informal Challenges Feb 28, 2023 Deadline for TO to respond to Informal Challenges Mar 15, 2023 Submit Informational Filing to FERC Deadline for Interested Parties to submit Formal Challenge to FERC MISO Attachment O Rate Data Webpage: https://www.misoenergy.org/marks-and-operations/settlements/to-rate-data/ April 15, 2023 August 30, 2022
Historical Comparison Item 2021 2022 Comments Attachment O Attachment O The main driver here is the Mississippi Drive Corridor project which undergrounded roughly 1-mile of 69,000 Volt transmission line. Rate Base $ 6,861,249 $ 11,487,101 Drivers for this 25% increase include: the MISO DPP study for solar integration, tank heaters for SF6 breakers, and increased labor allocations to better reflect actuals. O&M $ 2,502,317 $ 3,156,550 Depreciation $ 325,380 $ 485,978 Other Taxes (FICA tax) $ 127,246 $ 131,617 Return $ 721,803 $ 1,208,443 The revenue requirement increased in relation to the increased capital investment. Gross Revenue Requirement $ 3,676,747 $ 4,982,588 Revenue Credits $ 22,958 $ 27,288 The revenue requirement increased in relation to the increased capital investment. Net Revenue Requirement $ 3,653,835 $ 4,955,300 The large increase in capital drove a 31% increase in our rate. Transmission Rate $ 2.516 ($/kW-mo) $ 3.291 ($/kW-mo)
Contact Information Ryan Streck Director of Utility Service Delivery Office: 563-262-3321 Email: rstreck@mpw.org MPW OATI OASIS Webpage http://www.oasis.oati.com/MPWM/ Muscatine Power and Water August 30, 2022
