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Electric utilities

Federal Energy Regulatory Commission Approves Amendments to Public Service Company of Colorado's Electric Coordination Service Tariff

Strategic Insights

— 1 min read

The Federal Energy Regulatory Commission has approved amendments to Public Service Company of Colorado's Electric Coordination Service Tariff (ECST) to correct the unintended consequence of the rate floor exceeding certain rate caps during periods of high natural gas prices. The amendments, filed by Xcel Energy Services Inc. on behalf of Public Service Company of Colorado, aim to permit the company to continue making cost-based sales without violating the respective rate caps and to account for fuel charges in the variable cost calculation. The filing was noticed on December 19, 2014, with comments, protests, or motions to intervene due on or before January 9, 2015. No protests or adverse comments were filed, and Public Service Company of Colorado's submittal was accepted for filing, effective February 17, 2015.

Key Takeaways:

  • The Federal Energy Regulatory Commission (FERC) approved amendments to Public Service Company of Colorado's Electric Coordination Service Tariff (ECST) on February 17, 2015.
  • The amendments, filed by Xcel Energy Services Inc., aim to correct the unintended consequence of the rate floor exceeding certain rate caps during periods of high natural gas prices.
  • The proposed changes include amending Appendices A-1 and A-2 under the ECST to permit Public Service Company of Colorado to continue making cost-based sales without violating the respective rate caps and to account for fuel charges in the variable cost calculation.
  • The filing was noticed on December 19, 2014, with comments, protests, or motions to intervene due on or before January 9, 2015. No protests or adverse comments were filed.
  • The approval of the amendments does not constitute approval of any service, rate, charge, classification, or any rule, regulation, contract, or practice affecting such rate or service.

Statistics:

  • The filing was noticed on December 19, 2014.
  • Comments, protests, or motions to intervene were due on or before January 9, 2015.
  • The proposed amendments were accepted for filing on February 17, 2015.
  • Public Service Company of Colorado operates the Comanche 3 generating unit.

Sources:

  • Federal Energy Regulatory Commission
  • Public Service Company of Colorado
  • Xcel Energy Services Inc.
  • U.S. Department of Energy (cited in the context of providing electric coordination services)

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