Topic:"Cost Recovery" in M12969

Summary of Request - 1. In accordance with the Board's Decision and Order in M11893 approving amendments to the approved Flowthrough Formulas, the Berwick Electric Commission ("BEC") is requesting approval of changes to the rates of all it...

AI summary The Berwick Electric Commission (BEC) is requesting approval to adjust customer rates to reflect increased purchased power costs, including demand-side management programs, amounting to $222,896. The calculation excludes deferred costs and changes related to legislation and power purchase agreements. BEC also requests inclusion of a true-up mechanism in its next General Rate Application.

Methodology - 1. Cost of power rates as included in BEC's 2023 M11577 Application was recomputed to provide starting point for computations. - 2. The application is for a test year from April 1, 2026 to March 31, 2027. As the flowthrough a...

AI summary The methodology section outlines the recomputation of cost of power rates for BEC's 2023 M11577 Application, including load forecasting based on historical sales data, adjustments for system losses, and the calculation of a $222,896 increase in supply costs. A 3.155% rate increment is proposed to recover these costs, applying only to variable charges.

RATES The rates set out below are the rates for electric supply and service when payment is made within 30 days from the date rendered as shown on the bill. Bills which are not paid within 30 days will be subject to fill interest rate of 1...

AI summary The document outlines the rates for electric supply and service, including late payment interest rates. It also describes a formula used by the Berwick Electric Commission to adjust rates based on changes in purchased power costs, including DSM charges, without requiring a public hearing. The Board may also make adjustments if new power sources are introduced or agreements are amended.