Proposed Rate Design by Utility Financial Solutions, LLC
Explore the proposed rate design by Utility Financial Solutions, LLC with a focus on customer impacts, electric vehicle rates, low-income assistance, and projected revenues. Gain insights into the residential rate design and impacts, including energy charges, power cost adjustments, and cost of service variances.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
Proposed Rate Design UTILITY FINANCIAL SOLUTIONS, LLC
2 Objectives Review Rate Design Proposal & Customer Impacts Customer Charge Components Electric Vehicle Rates Low Income Assistance Rates
3 Rate Design Summary Excludes potential changes in power supply costs passed on through PCA Projected Revenues Under Proposed Rates Year 1 53,403,902 $ 19,490,650 1,312,402 38,859,509 3,614,143 15,666,548 19,898,388 153,472,038 $ Projected Revenues Under Proposed Rates Year 2 54,686,377 $ 19,989,875 1,363,585 39,268,660 3,691,917 15,770,295 20,376,187 156,384,233 $ Projected Percentage Change Year 2 Projected Revenues Under Current Rates 52,498,509 $ 210,467 18,977,912 236,180 148,994 411,312 1,268,021 38,547,898 171,562 3,550,001 15,605,532 19,527,368 151,191,930 $ Projected Percentage Change Year 1 2018 Cost of Service Variance Rate Class Residential Residential - Dual Fuel Residential - HVAC General Service General Service - HVAC General Service - Time of Use Govt. Traffic Signals Security Lights Street Lights Medium General Service Medium General Service - HVAC Medium General Service - Time of Use Large General Service Large Industrial Service Total 1.72% 3.50% 2.41% 2.70% -0.50% 1.40% 1.00% -0.50% 3.50% 0.81% 0.95% 1.81% 0.39% 1.90% 1.51% 2.40% 4.42% 1.08% 2.56% -0.10% 1.80% 1.26% -0.10% 3.90% 1.05% 1.20% 2.15% 0.66% 2.40% 1.90% 3.7% 23.8% 2.8% 5.4% 10.3% 1.3% 8.3% -45.1% 28.8% -1.8% -0.2% -0.9% -0.4% 2.2% 1.9% 14,075 14,567 215,533 15,212 217,869 24,100 23,979 239,486 150,484 409,255 23,955 243,797 152,386 408,846 173,192 175,272
4 Residential Rate Design and Impacts Rate Design Customer Impacts Rates Customer Charge: All Customers Energy Charge: Non Summer Energy Summer Energy Power Cost Adjustment: All Energy Revenue from Rate Change from Previous Current Year 1 Year 2 COS Change by Usage (Monthly $) Year 1 1.06 $ $ 1.26 $ $ 1.45 $ $ 1.65 $ $ 1.84 $ $ 2.03 $ $ 2.23 $ $ 2.42 $ $ 2.62 $ $ 2.81 $ $ Non Summer Energy Summer Energy Year 2 $ 18.76 $ 19.50 $ 20.50 $ 21.60 250 400 550 700 850 1,000 1,150 1,300 1,450 1,600 250 400 550 700 850 1,000 1,150 1,300 1,450 1,600 1.48 1.76 2.05 2.34 2.62 2.91 3.20 3.48 3.77 4.06 $ $ 0.10064 0.12083 $ $ 0.10193 0.12212 $ $ 0.10384 0.12403 $ $ 0.10363 0.13173 $ $ 0.00562 52,498,509 $ 0.00562 53,403,902 $ 0.00562 54,686,377 $ $ 54,384,603 $ 1.7% 2.4%
5 Residential High Efficiency Rates Monthly Facilities Charge: All Customers Energy Charge: Winter Block 1 (0 - 600 kWh) Winter Block 2 (Excess) Summer Energy Power Cost Adjustment: All Energy Revenue from Rate Change from Previous Current Year 1 Year 2 COS $ 18.76 $ 19.50 $ 20.50 $ 21.60 $ $ $ 0.11420 0.07892 0.13562 $ $ $ 0.10193 0.09300 0.12212 $ $ $ 0.10384 0.09300 0.12403 $ $ $ 0.08584 0.08584 0.12317 $ $ 0.00562 210,467 $ $ 0.00562 215,533 2.4% $ $ 0.00562 217,869 1.1% $ 216,389 -
6 General Service Rate Design and Impacts Rate Design Customer Impacts Rates Customer Charge: All Customers Energy Charge: Non Summer Energy Summer Energy Power Cost Adjustment: All Energy Revenue from Rate Change from Previous Current Year 1 Year 2 COS Change by Usage (%) 10.0% $ 38.75 $ 40.00 $ 41.00 $ 49.82 9.0% 8.0% $ $ 0.10299 0.12328 $ $ 0.10329 0.13100 $ $ 0.10343 0.13900 $ $ 0.10373 0.14564 7.0% 6.0% 5.0% $ $ 0.00562 18,977,912 $ 0.00562 19,490,650 $ $ 0.00562 19,989,875 $ 4.0% 20,030,058 $ 3.0% 2.7% 2.6% 2.0% 1.0% 0.0% 500 1000 1500 2000 2500 3000 3500 4000 4500 5000 Year 1 Year 2
7 Medium General Service Rate Design and Impacts Rate Design Customer Impacts Rates Monthly Facilities Charge: All Customers Energy Charge: Winter Energy Summer Energy Demand Charge: Winter Demand Summer Demand Power Cost Adjustment: All Energy Revenue from Rate Change from Previous Current Year 1 Year 2 COS Change based on Average Demand by Load Factor (%) $ - $ - $ - $ 142.85 10.0% 8.0% $ $ 0.06098 0.06098 $ $ 0.05840 0.05840 $ $ 0.05610 0.05610 $ $ 0.05149 0.05149 6.0% $ $ 15.830 20.060 $ $ 16.830 22.060 $ $ 17.830 24.060 $ $ 22.641 22.641 4.0% 2.0% 0.00562 38,547,898 $ $ 0.00562 38,859,509 $ $ $ 0.00562 39,268,660 $ 0.0% 37,869,805 $ 40% 45% 50% 55% 60% 65% 70% 75% 80% 85% 0.8% 1.1% -2.0% Year 1 Year 2
8 Large General Service Rate Design and Impacts Rates Monthly Facilities Charge: Monthly Charge Energy Charge: All Energy Demand Charge All Demand Power Cost Adjustment: All Energy Revenue from Rate Change from Previous Current Year 1 Year 2 COS Change based on Average Demand by Load Factor (%) 10.0% $ - $ - $ - $ 217.74 8.0% $ 0.06057 $ 0.05900 $ 0.05750 $ 0.05150 6.0% $ 18.100 $ 19.000 $ 20.000 $ 24.447 4.0% $ 0.00562 15,605,532 $ 0.00562 15,666,548 $ $ 0.00562 15,770,295 $ $ 2.0% 15,546,537 $ - 0.4% 0.7% 0.0% 50% 55% 60% 65% 70% 75% 80% 85% 90% 95% -2.0% Year 1 Year 2
9 Large Industrial Service Rate Design and Impacts Rate Design Customer Impacts Rates Monthly Facilities Charge: Monthly Charge Energy Charge: All Energy Demand Charge All Demand Power Cost Adjustment: All Energy Revenue from Rate Change from Previous Current Year 1 Year 2 COS Change based on Average Demand by Load Factor (%) 10.0% $ - $ - $ - $ 303.46 9.0% 8.0% $ 0.05168 $ 0.05216 $ 0.05240 $ 0.05076 7.0% 6.0% $ 18.860 $ 19.500 $ 20.500 $ 22.877 5.0% 4.0% 0.00562 19,527,368 $ $ $ 0.00562 19,898,388 $ 0.00562 20,376,187 $ $ 3.0% 19,957,263 $ 2.0% 1.0% - 1.9% 2.4% 0.0% 50% 55% 60% 65% 70% 75% 80% 85% 90% 95% Year 1 Year 2
10 Electric Vehicle Rate Forms Utility Metering Rate Form Southern California Edison NV Energy San Diego Gas and Electric Indianapolis Power and Light APS Gulf Power Separately Metered Not separately metered Separately Metered Separately Metered Time of Use Rates Time of Use Time of Use Rates Time of Use Rates Time of Use Rates Time of Use Rates
11 Residential Customer Charge Breakdown Residential $ $ $ $ $ $ $ $ $ Costs Customer Charge Components Distribution Customer Costs Transformer Customer Costs Substation Customer Costs Meter O&M Meter Reading Billing Services Customer Service Customer Charge 7.68 2.29 0.34 2.02 0.46 4.43 0.84 3.53 21.60 Minimum Sizing on wires Transformer costs minimum Substation minimum Meter Costs Cost to read meter Cost to bill customer Cost of service drop to customer Customer service department costs
