N-1Report
4 passages
ons are the annually adjusted rates which are set outside of the GRA framework. Currently two AARs, Generation Replacement and Load Following (GRLF) and Shore Power Rates are subject to the SRMC test. variable, a positive correlation betwe...
AI summary The text discusses the relationship between average-cost-based rates and short-run marginal costs (SRMC), explaining that while there is a general correlation between marginal and average costs, short-term fluctuations in fuel costs and load can cause significant deviations. This volatility affects unit revenues and SRMC, making the relationship complex and requiring careful analysis before rate design changes based on SRMC tests.
Figure 3: SRMC Test Results Year Classes Above-the-Line Rate Below-the-Line Rate Classes No. of classes No. that failed No. of classes No. that failed 2016 10 0 2 0 2017 10 0 2 1 2018 10 0 2 0 2019 10 0 2 0 2020 10 0 1 0 DATE FILED: May 29...
AI summary Figure 3 presents SRMC test results from 2016 to 2025, showing the number of rate classes and failures for both above-the-line and below-the-line rates. The Shore Power rate class could not be tested in 2020 and 2021 due to no service uptake.
95.7% 0.7 -0.15 -0.15 - - 2.78% 5.78% 15.83 8.09 Off-Peak (Summer) 86.9% 0.0 -0.15 -0.15 - - 2.78% 5.78% 13.69 7.33 76.0% 1.7 -0.15 -0.15 - - Annual Average 2.78% 5.78% 16.37 9.30 General Demand CPP CPP Hours 2.78% 5.78% 154.47 11.74 1215....
AI summary The document presents a detailed breakdown of 2025 base cost rate revenues, including various demand-side management (DSM), Storm Cost Recovery Rider (SCRR), and Fuel Adjustment Mechanism (FAM) amounts, with percentages and values for different time-of-use periods and customer categories.
Estimates of the Price Elasticity in the Regulated Electricity Market Existing estimates of demand and supply elasticities are derived from consumer and producer behavior in a regulated electricity market. The prospect of unbundled electri...
AI summary The document discusses the limitations of existing price elasticity estimates in a regulated electricity market as deregulation progresses. It emphasizes the importance of accurate statistical methods in estimating demand and supply elasticities, highlighting issues like omitted variables, data quality, and sample size. It also references Bohi's (1981) review of studies on electricity demand elasticity.
N-2Report - Refiled
5 passages
DATE FILED: June 5, 2026 Page 9 of 26 The SRMC test is designed to compare unit revenues and marginal costs measured in cents per kWh. The marginal cost, normally expressed in $ per MWh, has been converted to cents per kWh. 1 Δ q = q x pri...
AI summary The document discusses the SRMC test, which compares unit revenues and marginal costs in cents per kWh. It details the use of price elasticity, particularly the long-term elasticity factor of -0.15 for certain rate classes, and highlights the application of this factor in load forecasting and SRMC analysis.
ons are the annually adjusted rates which are set outside of the GRA framework. Currently two AARs, Generation Replacement and Load Following (GRLF) and Shore Power Rates are subject to the SRMC test. variable, a positive correlation betwe...
AI summary The text explains the relationship between average-cost-based rates and short-run marginal cost (SRMC), noting that while there is a general correlation between marginal and average costs, short-term fluctuations in fuel costs and load can cause significant variations. These dynamics complicate the use of SRMC in rate design and require careful analysis before implementing changes based on SRMC test results.
Figure 3: SRMC Test Results Year Classes Above-the-Line Rate Below-the-Line Rate Classes No. of classes No. that failed No. of classes No. that failed 2016 10 0 2 0 2017 10 0 2 1 2018 10 0 2 0 2019 10 0 2 0 2020 10 0 1 0 DATE FILED: June 5...
AI summary Figure 3 presents SRMC test results from 2016 to 2025, showing the number of rate classes and failures for above-the-line and below-the-line rates. The Shore Power rate class did not undergo testing in 2020 and 2021 due to no service uptake.
Figure 1.2 2025 Base Cost Rate Revenues with DSM, SCRR and 2025 FAM Amounts Short Run Marginal Cost Test Inefficient Usage Estimate Unmetered 6.30% 9.30% 18.90 9.62 96.5% 76.8 -0.51 -0.51 - - Total ATL 9,954.6 Testimony on The Effect of Re...
AI summary Figure 1.2 presents 2025 base cost rate revenues considering DSM, SCRR, and FAM amounts. It includes data on short run marginal cost tests and inefficient usage estimates. The figure references testimony from August 14, 1996, on the effect of restructuring on price elasticities of demand and supply.
Estimates of the Price Elasticity in the Regulated Electricity Market Existing estimates of demand and supply elasticities are derived from consumer and producer behavior in a regulated electricity market. The prospect of unbundled electri...
AI summary The document discusses the estimation of price elasticity in the regulated electricity market, emphasizing the limitations of existing estimates as deregulation progresses. It highlights the importance of statistical methods, data quality, and the inclusion of relevant variables in modeling demand and supply functions. References to studies and tables illustrate the range of elasticity estimates.