Transmission Services Meeting Agenda
Terry Wolf, Manager of Transmission Services, discusses regulatory changes, specific rate information, and true-up details for Missouri River Energy Services (MRES) and MMU. The meeting covers background information, timelines, and incorporation of data from 2015 for rate adjustments effective January 1, 2017. It also highlights projects, members served, and FERC background details related to transmission facilities owned by Western Minnesota Municipal Power Agency.
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Presentation Transcript
October 24, 2017 Terry Wolf, Manager of Transmission Services
Agenda Meeting Purpose MRES Profile MRES and MMU FLTY for 2017 Question/Answer
Meeting Purpose MRES background Regulatory Changes / Timelines MRES and MMU specific rate information MRES true-up info on Attachment O/GG/M from 2015 incorporated into rates MMU true-up info on Attachment O from 2015 incorporated into rates True-ups from 2015 along with forecast for 2017 will be incorporated into rates to be effective on January 1, 2017.
- 60 Members served - Transmission: ~362 miles - Generation: ~744 MW - Renewable: ~86 MW Missouri River Energy Services Rugby Wind Project Fort Peck Dam Garrison Dam ITA Canyon Ferry Dam Big Horn River CapX Fargo Yellowtail Dam CapX Brookings Oahe Dam Watertown Power Plant Irv Simmons Point Beach Nuclear Plant Marshall Wind Project Big Bend Dam Gavin s Point Dam Odin Wind Project Fort Randall Dam Worthington Wind Project Laramie River Station MBPP MRES Member Exira Station MRES Generation Resource Red Rock Hydroelectric Plant Planned MRES Generation Resource Federal Hydroelectric Dam Transmission Projects (MBPP, Irv Simmons, ITA, CapX (Fargo, Brookings)
MRES FERC Background Transmission facilities are owned by Western Minnesota Municipal Power Agency (WMMPA) FERC Declaratory Order (EL08-22, 12/08) combines financial statements for ATRR Attachment O effective 6/1/11 Incentive filing (EL11-45, 6/11) CapX; Fargo P2 & P3, and Brookings CWIP, Abandon Plant, Hypothetical cap structure 205 filing (ER12-351, 11/11) FERC Approved ER12-351, and EL 11-45 on January 20, 2012
Regulatory / FERC Issues Complaint against MISO TOs regarding ROE and certain TOs regarding capital structure (EL14-12) and (EL15-45) EL14-12 Decision issued 9/28 10.32 ROE for MRES 10.82 ROE for MMU includes RTO adder EL15-45 Decision expected ~2/17
Regulatory / FERC Issues, Procedures and Timing cont. By June 1st Post actual calculations and true-ups based on prior year s Rate Information By September 1st Meet with Interested Parties to discuss the actual prior year s Rate information By October 1st Post FLTY info for MRES and MMU December 1st Deadline for information requests By January 10th Must respond to information requests January 31st Deadline for informal challenges March 15th Annual Informational filing March 31st Deadline for formal challenges
Attachment O / GG / MM MRES and MMU MMU doesn t have any GG or MM costs Forward Rate Requirements Rate Base Operating Expenses Revenue Requirement and Rate Network Rate Summary
MRES 2017 FLTY Attachment O $2,730,335 Attachment GG $9,430,700 Attachment MM $4,593,543
2017 MRES Annual Transmission Revenue Requirement Distribution MRES Total ATRR Attachment O, GG, MM $20,368,825 Attachment O MISO MISO $6,344,582 Attachment GG Attachment MM 31% CapX Fargo CapX Brookings $5,911,367 $9,430,700 $ 4,593,543 (After True-up) 46% 23% MISO Non-MISO (SPP) UMZ PRICING ZONE OTP PRICING ZONE $3,181,032 $2,730,335 54% of Att O 46% of Att O 10
MRES member Attachment O Information MRES is MISO TO on behalf of 6 MRES members MRES has an agency agreement with MMU (6th agency agreement in MISO) MRES is contact for any initial questions NSP JPZ MMU FLTY Only member with FLTY
MMU FERC Activities Transmission facilities are owned by Marshall Municipal Utilities Commission (MMU) FERC approved filing effective 1/1/15, ER15-142 MRES filing to request RTO incentive adder ER15-2724, accepted Nov 2015 MMU is subject to refund
MMU 2017 FLTY Attachment O Gross $3,788,123 Historic Year True-up $151,200 Attachment O Net $1,926,406
Questions If you have any questions after the meeting, please submit via e-mail to Terry Wolf: twolf@mrenergy.com All questions and answers will be posted on the MRES OASIS website along with any follow-up questions received within two weeks from the date of inquiry on the OASIS site. (http://oasis.midwestiso.org/OASIS/MRET )
