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Electric utilities

Federal Energy Regulatory Commission Approves Public Service Company of Colorado Rate Election

Strategic Insights

— 1 min read

The Federal Energy Regulatory Commission (FERC) has approved the Public Service Company of Colorado's (PSCo) rate election, effective January 1, 2015. The approved rate reflects a reservation charge of $7.3015 per Dth per month and a commodity charge of $0.4898 per Dth per month for Firm Transportation Service. Additionally, PSCo has committed to filing a new rate application within 30 days after its state-approved rates change and to certify its state-approved rates by January 1, 2020.

Key Takeaways:

  • The FERC approved the PSCo's rate election, which includes a reservation charge of $7.3015 per Dth per month and a commodity charge of $0.4898 per Dth per month for Firm Transportation Service.
  • PSCo has committed to filing a new rate application within 30 days after its state-approved rates change and to certify its state-approved rates by January 1, 2020.
  • The FERC has accepted the tariff record, but notes that this acceptance does not constitute approval of the rate or service.
  • Public notice of the filing was issued on February 4, 2015, with interventions and protests due on or before February 19, 2015.
  • No protests or adverse comments were filed, and all timely filed motions to intervene and unopposed motions to intervene out-of-time were granted.

Statistics:

  • The approved rate reflects a reservation charge of $7.3015 per Dth per month.
  • The commodity charge for Firm Transportation Service is $0.4898 per Dth per month.
  • PSCo has committed to filing a new rate application within 30 days after its state-approved rates change.
  • The deadline for PSCo to certify its state-approved rates is January 1, 2020.
  • No protests or adverse comments were filed against the rate election.

Sources:

  • Federal Energy Regulatory Commission, Order No. PR15-16-000, Issued: March 27, 2015
  • 18 C.F.R. SS 284.123 (2014)
  • 18 C.F.R. SS 284.224 (2014)
  • Hinshaw pipelines in Revisions to Procedural Regulations Governing Transportation by Intrastate Pipelines, Order No. 781, 144 FERC P 61,034, at PP 56-64 (2013)
  • 78 Fed. Reg. 45850 (July 30, 2013)

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