N-1Report
3 passages
Figure 4: Trends in Annual Energy Requirement, Unit Revenues and Marginal Costs 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 % Change in 2025 Total System Requirement (GWh) Net of LRT/ELIADC 9,837 9,970 10,252 10,342 9,884 9,940 10,17...
AI summary Figure 4 shows trends in annual energy requirement, unit revenues, and marginal costs from 2016 to 2025. It highlights fluctuations in average marginal costs, unit revenues, and variances between them, with notable changes in fuel adjustment mechanisms and system fuel costs over time.
11 As shown in [Figure 6](#page-17-1) , the unit average marginal costs, aside from following a different annual 12 trend pattern with a higher overall volatility, are also significantly lower than unit revenues in each 13 calendar year. T...
AI summary The text discusses the relationship between unit average marginal costs and unit revenues, noting that unit revenues are significantly higher than unit average marginal costs due to reflecting total service costs across four entities.
Figure 1.2 2025 Base Cost Rate Revenues with DSM, SCRR and 2025 FAM Amounts (Based on 2025 average annual marginal cost of 9.048 cents/kWh) Short Run Marginal Cost Test Inefficient Usage Estimate Sales Price Elasticity-of- Inefficient Usag...
AI summary Figure 1.2 presents 2025 base cost rate revenues with DSM, SCRR, and 2025 FAM amounts, including details on sales, price elasticity, line losses, and revenue distribution across different residential and commercial classes.
N-2Report - Refiled
5 passages
5 Figure 6: Long-Term Trend in Differential Between Marginal Costs and Unit Revenues
AI summary The text references Figure 6, which illustrates the long-term trend in the differential between marginal costs and unit revenues. This figure is likely used to analyze cost and revenue dynamics over time.
As shown in Figure 6 , the unit average marginal costs, aside from following a different annual trend pattern with a higher overall volatility, are also significantly lower than unit revenues in each DATE FILED: June 5, 2026
AI summary The text references Figure 6, which compares unit average marginal costs to unit revenues, noting that costs are significantly lower and follow a different annual trend pattern with higher volatility. The document was filed on June 5, 2026.
al gas pricing which made it more economical to burn Heavy Fuel Oil (HFO) over natural gas. 3.3 Base Cost Rates The 2025 base cost rates remained the same as in 2024.
AI summary The text discusses the 2025 base cost rates remaining unchanged from 2024 and mentions the impact of gas pricing on the choice between burning Heavy Fuel Oil (HFO) and natural gas.
20 Figure 7: Actual and Test year Unit Variable Generation Costs 2025 Actual 2024 Test Year FAM Classes Unit Variable Generation fuel cost Smoothed Base cost of fuel Unsmoothed Base cost of fuel Net Fuel and Purchased Power (Millions) $997...
AI summary Figure 7 compares actual and test year unit variable generation costs for 2025 and 2024. It shows the net fuel and purchased power costs, sales in GWh, and unit variable costs in cents per kWh, highlighting changes in costs between the actual and test years.
Q. How can one check if rates are set below short-run marginal cost? A. In checking that rates are set above short-run marginal costs, a useful rule of thumb is that the average revenue per kWh, exclusive of revenue from customer charges,...
AI summary To check if rates are set below short-run marginal cost, the average revenue per kWh (excluding customer charges) should not be less than the average marginal energy cost. This is known as the Short-Run Marginal Cost (SRMC) Test, and further considerations depend on the specific rate being evaluated.