Text

Supplemental Testimony of Tl Carroll on Behalf of PA Electric Co Re Revised Cost of Svc.Tl Carroll 790620 Affidavit & Exhibits Encl
	ML19322C358
Person / Time
Site:	Crane
Issue date:	01/16/1980
From:	Carroll T; PENNSYLVANIA ELECTRIC CO.
To:	;
Shared Package
ML19322C344	List: ML19322C343; ML19322C348; ML19322C352; ML19322C355; ML19322C358; ML19322C363; ML19322C370;
References
	TASK-TF, TASK-TMR NUDOCS 8001160895
	Download: ML19322C358 (22)
	v • d • e

,

Docket No.ER78-494 O

SUPPLEMENTAL TESTIMONY OF THOMAS L.

CARROLL ON BEHALF OF PENNSYLVANIA ELECTRIC COMPANY 1

Q.

Please state your name and business address.

2 3

A.

My name is Thomas L. Carroll.

My business address 4

is 1001 Broad Street, Johnstown, Pennsylvania.

5 6

Q.

Please state your position.

7 8

A.

I am manager of taxes and specialized accounting 9

for Pennsylvania Electric Company.

10 11 Q.

Will you please describe your educational and em-12 ployment background.

13 14 A.

In 1950 I graduated from the University of 15 Pittsburgh with a B.S. degree in Business Admin-16 istration.

I also attended Columbia University's 17 utility management course in 1961.

I'am a member 18 of the Johnstown chapter of the National Associa-19 tion of Accountants and was also a past president 20 of that organization.

21 22 During my career with Pennsylvania Electric Company, 23 I have held various management positions in statis-24 tics, budgeting, long-range planning and special 25 assignments.

I have testified before the Pennsyl-26 vania PUC in steam heat rate cases and the Federal 27 Energy Regulatory Commission in a fuel clau'se 28 surcharge case.

I am responsible for the prepara-29 tion of testimony and exhibits relating to rate 30 change filings.

31 32 Q.

What is the suject of your testimony?

33 34 A.

Mr. Jeffrey Stevens, who filed direct testimony in 35 this proceeding, has been transferred to a new 36 position and I am adopting the testimony and ex-37 hibits filed by him at the initiation of this 38 proceeding.

I am also supplementing that testi-39 many.

I D D

8001160[ [

2'-

' 1 Q.

What is the subject of your supplemental testimony?

2 3

A.

I sponsor Statements G, J, K and L, and their support-4 ing schedules of a revised cost of service exhibit, 5-Exhibit No.

(PN-103).

6 7

,,0~.

What changes are incorporated in the revised cost of service exhibit?

38 9

10 A.

There are three areas of change:

11 12

1) a revised capital structure as of June 30, 1979 13 which recognizes a $50,000,000 11 3/4% first mort-14 gage bond issue in June 1979; 15 16

2) the elimination of the return on the common 17 equity component of Penelec's investment in Three 18 Mile Island No. 2; and 19 20

3) other changes that evolved from discussions at 21 the earlier settlement conference in March 1979.

22 23 Q.

What does the revised capital structure indicate?

24

~

25 A.

The revised capital structure indicates that Penelec 26 is entitled to an overall rate of return of 10.05%

27 as shown on page 1. of the revised Statement G.

28 29 Q.

Where do you show the method used in arriving at a 30 rate of return which eliminates return on the common 31 equity investment in Three Mile Island No. 2?

32 33 A.

Statement G-5 shows the derivation of an overall 34 rate of return of 9.44% which reflects a zero return 35 on the common equity investment in TMI-2.

This 36 number is derived by simply including, as a separate J7 item in the capital structure, the common equity 38 investment in TMI-2 ($54,277,000) at a zero cost rate.

39 40 Q.

What are the changes that evolved from discussions 41 at the earlier settlement conference which pertain 42 to your portion of the revised cost of service ex-43 hibit?

44 45 A.

The federal income tax calculation is revised to 46 recognize the 46% effective tax rate versus the 48%

47 tax rate contained in the original filing.

In 48 addition, an item of accumulated deferred income 1

tax relating to accumulated deferred energy costs

- 2 has been eliminated due to omission of the related 3'

deferred. energy costs.

4 5

Q.

Are there any other changes?

i 3~

' 7 A.

Yes.

Mr. Gordon is responsible for and lists the 8

'other changes.

9 10 Q.

Does this complete your supplemental testimony?

11 12 A.

Yes, it does.

\\

'I,

b l

3 4

I

' AFFIDAVIT STATE OF PENNSYLVANIA )

)

ss.

COUNTY OF CAMBRIA-

)

~ '

Af fiant, being first duly sworn, deposes and says that he has read the foregoing testimony, that if asked the questions therein his answers would be as shown, and that the facts contained in those answers are true and correct to the best of his knowledge, information, and belief.

$thbfs

/

T'. L. Carroll

.i.

Sworn to and subscribed before me this 20th day of June

, 19 3

/

l/n MP NotGry Public My-Commission Expires:

GEORGIANN KOVACH. Notary Public Johnstown. Cambria County, Pa.

Aly Commission Empires June 29,1981

EXHIBIT NO._ (PN-103)

ER 78-494 4

l PENNSYLVANIA ELECTRIC COMPANY REVISED COST OF SERVICE l

JUNE 1979 l

t

W

-STATEMENT G PERIOD II.

REVISED i

PENNSYLVANIA ELECTRIC COMPANY Rate of Return Twelve Months Ended June 1979

,e.

Capital-Composite 3

ization Effective Cost of Class of Capital Amount Ratios %

Rate Capital-(1)

(2)

(3)

(4)

(5)

Debt (Schedule G-1)

. Bonds S 629 971 896 D:bentures 72 680 000

-Untmortized Debt Expense, Prsmium on Discount on Long-Term Debt (648 315)

Totc1 Long-Term Debt S 702 003 581 54.39%

7.70%

4.23%

Preferred Stock (Schedule G-2)

Stock

$ 173 500 000 13.44 8.64%

1.16%

Common Equity g.ssmon Stock

$ 105 811 920 Othar Paid-in Capital 266 530 114 Ratsined Earnings 44 765 158 Premium on Capital Stock 422 407 Capital Stock Expense (2 405 516)

$ 415 124 083 32.17 14.50%

4.66%

Total Capitalization

$1 290 677 664 100.00%

10.05%

Ststament G.5 Period II t

PENNSYLVANIA ELECTRIC COMPANY June 30, 1979 Revised Capital Structure Re flecting Zero Percent Rate of Return on Three Mile Island No. 2 Cornon Ecuitv Composite Amount Capitalization Effective Cos t o f Item

($000 's )

Ratio Rate Capital (1)

(2)

(3)

(4)

(5)

Long-Term Debt S

702 004 54.39%

7.78%

4.23%

Praferred Stock 173 500 13.44 8.64 1.16 Common Equity TMI-2 (See Below) 54 277 4.21 0.00 0.00 Bnitnce 360 847 27.96 14.50 4.05 Totcl Common Equity 415 124 32.17 12.59%

4.05 Total Capitalization

$'1 290 628 100.00%

9.44%

j Derivation of Common Ecuity Portion of TMI-2 Net Plant - Period II Invastment

$163 030 000 Schedule D-1.2 Add:

Nuclear Fuel in Reactor 10 579 350 Schedule D-1.1 L2rs: Depreciation Reserve 2 465 279 Schedule E-1.2 Less: Accumulated Provision for Amortizrtiva of Nuclear Fuel 2 425 445 Schedule E-1.1 Nat Plant - TMI-2, Perion 2

$168 718 626 Comon Equity Capitalization Rate 32.17%

Column 3, Line 5, Above

. Comon Equity Amount

$ 54 276 782 Line 11 x Line 12 1

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Net Effretiv; Amount Amount Jet Procseds

. Cost Ihts Net Procceds Cost of Line Irsin Issued 04tstmding Proceeds Per thit 5

Outslin.hng Deet Capitst i

(1)

(2)

(3)

(4)

(s )

(6)

(7)

(U) j FirstMortgageannds(Continued) 21 IG-y 4% Saries, lasued 2/21/73 Due8/1/B4

$ 45 000 000

$ 43 000 000 8 44 167 014 8 901.4) 11.0002

$ 44'167 014 3 4 89) T))

22.

9-3/4s Series, Issued 6/9/76 Due 6/1/2006 60 000 000 60 000 000 5,8 %$ 912 975 93 10.0044

$8 $$$ 912 3 898 167 23 7-3/4% Series, Issued 7/l/76 Due 7/1/2006 12 000 000 12 000 000 11 $43 $40 4 809.81 8.0&)1 11 $43 $4B 933 769 24 6-1/8% Series, Issued 12/1/77' Due 12/1/2007 16 420 000 16 420 000 l$ 977 690*

4 86.32 6.3266 15 902 323 1 010 kW 5

2$.

Erie County Electric Co. 6% Funding Mortga = Bonds (Assumed on 9/1/43) issu=* 1/1/20, Due 1/1/00 74 000 74 000 74 000 1 000.00 6.0000 74 000 4 440 26.

Northern Pennsylvania Power Company (Assumedon4/30/s6)2-7/8% Series, 3

Issued 11/1/$0, Due 11/1/00

$00 000

$00 000 f)4 6fl 9fr).20 2.92tr)

)4 630 14 407 27, 9-1/24 Series, Issued 6/1/78 Due 6/1/2000 45 000 000 4s 000 000 4s 000 000 1 000.00 9.6679 44 264 47) 4 279 442 28.

113/4% Series 50 000 000 50 an 000 50 000 000 11.75,00

$0 000 000

$ 875 Oro

$6 0 331 500 S/29 923 000 Sfea 340 299 3/,27 261 693 S*) 397 172 Total First Mortgage Bonds 3

b Debentures s.1/44 Series, Issued 6/1/61 29 r

Due 6/1/86

$ 12 000 000

$ 7 600 000 $.12 OS2 042 1 004.40

$.2183

$ 7 713 792

$ 402 $29 30.

$5 Series, Issued 9/1/65 Due 9/1/90 20 000 000 14 800 000 20 244 926 1 012.25 4 9143 14 901 300 736 226 31.

75 Series, Issued 11/1/67 p

10 000 000 7 000 000 10 126 496 1 012.6$

6.0932 7 890 670

$44 471 W@

Due 11/1/92 6

32.

81/8% Series, resued 1/26/71 Due 1/1/96 C

30 000 000 2$ 200 000 30 T9129 1 000.97

8. llsf) 23 224 444 2 047 191 33 8-1/2% Series, Issued 8/30/71 g3 Due8/1/96 20 000 000 17 200 000 19 9'l2 tas, 9')6.63 8.s,pa 17 142 040 g 462 696 8 72 9 0 246 3 5 193 113 6

34 Total Debentures S 92 000 000

$ 72 (a0 000 $ 92 '05 9tfl 35 Total Long-Tere Debt

$722 331500

$702 603 000 $720 726 257 SJ00 22191)

$54r/M 285

[)

._m8c 36.

Amortization of Gain and Loss on Reacquired Debt (im (.%

M' o

f Weighted Average Cost of Long Term Debt 394 au [y n

(Column 0 4 Column 7) 7.ph

' Reflects $143,810 discount to purchasers, and estim.ited expenses of sale of $296,$00

r, p.7 Psried II Ravissd PCJ.SYLVANIA ELECTR10 COVPANY Cale.lation of Income Taxes ane 30,1979 -

$(000)

Statereat Line Ns.

D es e ein ti e-.

Arcuat Refereece (1)

(2)

(3)

Rat 7Ba'se 1

Net Electric Plant

$1 196 437 L-2 2

Working Capital Reasirerent 87 255 F

3 Accumsisted Deferred Incore Taxes (45 404)

L-5 4

Other Dec ctions

(? 2c7) 3 Total Rate Base

$1 211 001 Return on Rate Base

'6 Retu-n

9 444

$ 116 206 G

Adjustments:

7 Taxaole Income Not Recorted on Books 11 al 0

Deductions Recorded on Books Not Deauctible 46 214 al 9

Income Recorded on Books Not Taxa (1 951) al 10 Cedactions on Return Not Charged A3..nst Bock Income (136 130) al 11 Provisien for Deferred Incore Tax lo ISO a2 12 Total Adjustments

$ (72 6?f) 13 4 turn, Less Adjustmeats s 43 53')

14 Surtax Allowance (Iq) 13 Total Adjusted Return en Rate Base

$ 4? c11 Tax Calculatiers Pe-esvivam a Iacece Tan:

16 Taxacle Base (L:re 15 + 48 33X)*

$ 90 02c 17 Calculated Peensylvania Incore Tax o ac2 Federal Incece Tax:

M Taxacle Base (L:ne 16 - Line 17)

$ 80 c76 19 Calculated Tax (Line IS x 469t)

$ 37 Oe5 20 Investrent Tax Credit (4 182) 21 Surtax Allowance (lo) 22 Total Federal Income Tax

$ M ee4 23 Total Fedeml and Pennsylvania Income Taxes S 42 ?l7

L-ivation of Pearsylvania Taxa:1e Base Taxanle Income Fennsylvania Base 100.00g Less: Pennsylvania Rate 10.c0 Balance for Federal Base 89 50 E%

Federal Rate

=

Federal Tax 41.17%

Pennsylvania Rate 10.ro Comoosite Rate 51.67%

Then 100.00 - 51.67. E t l

La

SchGO ' e e*

P:rico II R3vis*d PE. 4SYLVANIA ELE 3!C COWANY V

Adjustments Twelve Menths Ended J.re 30,1979

$(000)

. r.

Lin3 Amount tk.

8'

1... Incere Not Racerted On Bocks:

S 11 1 ~

Un:111ec Aevenwes Cedactions Reeeeded On Books Not Dodsetible:

$29 2

Tax Salvage Pre 13p 44 026 3

Book Cepreciation 4

AFC on Nwelear Fuel (Units #1 and #2) 1 073 Net hertization of Ecological Survey 131 6

Amortization of Gains anc Lesses on Reacauired Cect 64 146 7

State Tu es and Inte est on Taxes 8

Expense of Issuing Prefeneo Stock (Fa. Excise Tax) 15 9

Johnstown Flood 135 V

10 1974 Rate Case Expenses 11 Total 8 45 214 Income Reeerded on Boeks Not Taxable:

f Amortization of Intere FIT Refund (133) 13 Amortization of Pre-lum c Excense on Deot (4) 14 Amortization of Investment Tax Credit and Job De.elopment Tax Credit (1 "N2)

$ (1 C"1) 13 Total Desactiers Cr eturn Net Cha m ed Against Bock Income:

$(77973) 16 Tax Cecrecastam 17 Other Taxes and Pensions Capitalized (1$25) 18 Preferred Divicend Paid Deduction (751) 19 Cest of Renosal - Tax Basis (2246) 20 Interest Charges - $1231001 x.0423 (32071) 21 Deferred Energy (1 329) 22 Supplemental Pension (224)

~ 23 Sales Prometional Excenses (7)

$(1?6130) 24 Total l

i Ohh J

Schedule K-1 Period II Revised PENNSYLVANIA ELECTRIC COMPANY Gross Receipts Tax - Normalized for Twelve Months Ended June 30, 1979 S(000)

Statenent Description Amount Reference (1)

(2)

(3)

N2t Cost of Service

$505 331 L

Loss:

Sales for Resale - Investor Owned 4 327 New York State Revenues 2 023 Add:

Forfeited Discounts Subject to PA Gross Rec. Tax 1 995 PA Nat Cost of Service (prior to adjust =ent)

- including Gross Receipts Tax 500 976

- excluding Gross Receipts Tax (Line 5 + 104.5%)

479 403 i Gross Receipts. Tax included in Line 5

$ 21 573 Ntw York Net Cost of Service (Line 3) - including Gross Receipts Tax

$ 2 023

- excluding Gross Receipts Tax (Line 8 + 103.75%)

1 950 Niw York Gross Receipts Tax included in Line 8 73 Total Gross Receipts Tax (Line 7 + Line 10)

$ 21 646 Gross Receipts per Budget

$ 17 663 Normalization Adjustment 3 983 0

~

PENNSYINANIA ELECTRIC COMPANY Cost of Service - Electric

[

$(000)

-Adjusted' Statement Line Description Amount Adjustment Amount Reference-1 Net Rate Base

$1 231 001

$1 231 001 C

2 Return on Rate Base - 9.44%

116 206 116 206 3

Operating Expenses 259 875 259 875 11 4

Depreciation 44 026 44 026 I

5 Provision for Decommissioning 638 638 L-7 6

Taxes Other Than Income 32 094

$3 983 36 077 K

7-Federal and State Income Tax 42 317 42 317.

J 8

Provision for Deferred Income Taxes 19 180 19 180 J-2 9

Investment Tax Credit (Net) 2 390 2 390 B

10 Total Cost of Service 516 726 3 983 520 709 11 Other Operating Revenue credits (11 395)

(11 395)

L-4 12 Net Cost of Service

$ 505 331

$3 983

$ 509 314 55?

<ne b" -

H P

r-

+

J 1

f 4

PENNIYLVANIA ELECTRIC COMPANY RATE OF RETURN STUDY FOR 12 MONTHS ENDING: 6/30/79 e

4 F. ATE t<AIE ADDITIONAL DTilER DPER TOTAL OPERATING INCOME &, NET RATE RATE OF C,R0llP REVENUE f<EVENilE REVENUE REVENUE EXPENTE REV TAXEI INCOME ItASE RETilRN (1)

(2)

(3)

(4)

(5)=(2*3+4)

(6)

(7)

(0)=(5-6-7)

(9)

(10)=(0/9)

RATE RP 5900565.

0.

95400.

6003965.

4922200.

70696.

1003061.

16010695.

6.262 At. LEG-IU 19373467.

O.

324205.

19697672. 16500135 344371.

2053166. 53763012.

5.307 NitEELINO 2721982.

O.

263207.

2905109.

1532441.

303770.

1060970.

11406396.

9.372 TOTAL REIALE ' 20004014.

O.

602012. 20606026. 22954704.

006045.

4925197. 01100103.

6.066 RETAIL 371675423.

O.

7909753. 379665176. 317505710.

2700211. 59291247.1149013233.

5.157 TOT COMP 399679437.

O.

0672565. 400352002. 340540502.

3595056. 64216444.1231001336.

5.217 N

C@

@D aEED w e. a

< t1 08 P. P. rt 4:10 PM in O (D

$h HU He 4:10 PN' b

h

' June 26, 1979

hW V.GJ

~

.. s

."1 i

4 1

PENNSYLVANIA ELECTRIC CONPANY COST OF IERVICE ITUDY FOR 12 NONTiff ENDINO:

6/30/79 APPROXINATE INCREASEI REQtilRED FOR VARI 0tlI RETURNS RATE BAIE PERCENT DOLLAR OTHER TOT GROUP NISC TOTAL NWH Or COI IN 4 INC AI X GR0tfP

. REVENUE INCREASE INCREASE REUFNUE REVEHilE REVENilE REV REQ SALES PER hWH OF TOT REV (1)

(2)

(3)

(4)=(2X3)

(5)

(6)=(2*4+5)

(7)

(0)=(6+7)

(9)

(10)=(0/9)/10 (11)=(4/6)

RATE RP 5900565.

10.066 1067462.

O.

6976027.

95400.

7071427.

209352.

3.370 15.302 ALLEG-IU -19373467.

24.016 4007632.

O.

24101099.

324205.

24505304.

709526.

3.454 19.082 WifFELINO 2721982.

5.002 160095.

O.

2002077.

263207.

3145204.

O.

0.6 5.555 TOTAL REIALE 20004014.

21.551 6035109.

O.

34039203.

602012. 34722015.

910870.

3.779 17.730 RETAIL 371675423.

20.606 106322225.

O. 477997640.

7909753. 405907401.

10544534.

4.609 22.243 TOT CONP 399679437.

20.112 112357414.

O. 512036051.

0672565. 520709416. 11463412.

4.542 21.943

@23) c_=@

w o tn (D (D (t 4 N Ds P-P. rt tn O ED

\\

ang o.

o DS t

4:21 PN Z

p

,w

.i

'ENNSYLVANI A ELEC s RIC COMT %Y COST OF SERVICE STUDY FOR 92 MONTHS ENDINO:

6/30/79 APPRDXIMATE INLPEASES REQtilhED FOR VARI 0tlJ RETilRNS f

t TE

' OPERATING REV OR OPERATING INC OPERATINO RATE RATE OF

$00P EXPENSES STATE TX REVENUE TAX INCOHE feASE RETURN l

(11)

(12)

(13)=(0-11-12)

(14)

(15)=(13-14)

(16)

(17)=(15/16)

CTE RP 4922209.-

00290.

2060928.

549684.

1511244.

16018693.

9.434 yl.EO-SU 16500135.

1000149.

6917020.

1844082.

5072130. 53763012.

9.434 hlFELING 1532441.

O.

1412H43.

466500.

1146342.

11406394.

10.050 i

OTAL RLSALE 22954705.

1174439.

10590791.

2061066.

7729724. 01100101.

9.521 ETAIL 317505718..20449467. 147V32216. 39455938. 100474270.1149H13233.

9.434 07 COMP 340540503. 21645906. 150523007. 42317004. 116206002.1231001334.

9.440 l

$)

GR l

ccav

.-3 p:22 PM N M in m e et

<: 't &

P-P tt tn O CD np 26, 1979 o IL E3 Os CD e

HU H rt U

PENNSYLVANIA ELECTRIC F*"PANY UNITIZED COSTS li OTE Pt.SE UNIT COSTS IN 1/KW, $/NWH AND $/ WEIGHTED CUSTONER GMAND RELATED

$10-46 PROD 34.5-23 UNDER 23 SPECIFIC DEN REL 1E6.6734 313.2221 0.0 161.91111 0.0 NERGY RELATED INCL WH FUEL. REL 9 SEC SPECIFIC ENEROY REL 0.0 '

9.9434

-0.0740 0.0 OSTONEM RELATED CUST ACCT PRI CtlST SEC CtlST' SERVICES HETERS SPECIFIC SPECIFIC CtlST REL 14.6721 0.0 0.0000 0.0 0.7350 0.0 0.0 XPENSE UNIT COSTS IN $/KW, $/NWH AND $/WEIGHIED CUSTONER EHAND RELAIED 500-46 PROD 34.5-23 llNDER 23 SPECIFIC DEM REL 13.2740 40.2144 0.0 27.5079 0.0 NEROY RELATED INCL Wil FUEL REL e SEC SPECIFIC ENER0Y REL 0.0 13.9599

-0.0531 0.0 USTONER RELATED CUST ACCT PRI CUST SEC CUST SERVICES NETERS SPECIFIC SPECIFIC CtlST REL 24.5350 0.0 0.0000 0.0 0.1323 0.0 0.0 RETURN ON RATE BASE AT LEVELIZED RETilRN OF:

9.440X II AS FULLOWS GHAND RELATED 500-46 PROD 34.5-23 UNDER 23 SPECIFIC DEM REL 10.0700 29.5602 0.0 15.2910 0.0 f4EROY REL ATED IitCL WH FUEL REL 9 SEC IPECIFIC ENEROY REL 0.0 0.9307

-0.0071 0.0 OSTOMER RElATED CUST ACCT PRI CllST SEC CUST SERVICES HETERS SPECIFIC SPECIFIC CilST REL

--'g 1.3050 0.0 0.0000 0.0 0.0695 0.0 0.0 GD AND STATE INCOME TAX PER UNIT =

c GNAND RELATED 500-46 PROD 34.5-23 UNDER 23 SPECIFIC DEN REL 3.6671 10.7675 0.0 5.5604 0.0 NEROY RELATED

(

INCL WH FUEL REL 0 SEC SPECIFIC ENER0Y REL

$hQ2) 0.0 0.3410

-0.0026 0.0 NMM (g g k k N' OSTOHER RELATED CllIT ACCT PRI CllSI SEC CUST SERVICES HETERS SPECIFIC SPECIFIC CUST REL ".

&Pd 0.5044 0.0 0.0000 0.0 0.0253 0.0 0.0 7;

gO L

}((g)

Hh 3 tat LEVELIZED UNIT COSTS (RETilRN, EXPENSES, INC TAXES (EXCL REV TAXES))=

GHAND RELATED 500-46 PROD 34.5-23 IINDER 23 SPECIFIC DEM REL b

H&

l 27.0119 00.5503 0.0 40.3673 0.0 NEROY RELATED INCL WH FUEL REL 0 SEC SPECIFIC ENER0Y REL 0.0 15.2404

-0.0427 0.0 OSTOMER RELATED l

CtlST ACCT PRI CllST SEC C115I SERVICES NETERS SPECIFIC SPECIFIC CllST REL 26.4252 0.0 0.0006 6.0 a

""a

^^

e PENNSYLVANIA ELECTRIC COMPANY 10TAL CLASSIFIED DOLLARS DY HA1E fiROUP FOR 12 NONIHS ENDING: 6/30/79 USING LEVELIZED RETURN OF 9.440%

TOTAL DOLLARI (RETURN, EXPENSES & TAXES) CLASSIFIED AS FOLLOWI:

DEMAND RELATED DOLLARS:

TOTAL $

TOTAL DEN RATE DENAND TRANS PROD PRI UNDER SPECIFIC DOLLARS PER

. GROUP RELATED 500-46 REL 34.5-23 23 hV DEN REL COIN KW (1) COIN KW (1)

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(0)

(9)=(2/0) iRATC RP 3503503.

079820.

2623676.

O.

32150.

100.947

.ALLED-SU '12310953.

3091625.

9219329.

O.

109372.

112.560

'WHEELINO 2000348.

2000340.

O.

103671.

27.012 TOTAL RESALE 10614004.

4771000.

11043004.

O.

245201.

75.917 RETAIL 286302204. 50741013. 150557430.

O.

85083041.

O.

1799351.

159.159

, TOT COMP 304997008. 57512013. 162400434.

O.

85003041.

O.

2044552.

149.176 cQ5]

/U._ I5U s

EUN)

N M to

: =-

to e er p'

<*. M W P P. rt m O (D Os c=};b F A *.3 G

H st f

4:25 PM Z

1/KW (CD & NCD) =

27.0119 80.5503 0.0 40.3673 0.0 NOTE (1)" LIGHTINO RATE DEMANDS ARE NCD 1

es

.r i-PENNSYLVANIA ELECTRIC COMPANY TOTAL CLASSIFIED DOLLARS BY RALE GROUP j-FOR 12 HON 1HS ENDING: 6/30/7Y USING LEVELI7ED RETURN OF 9.440X

.10TAL DOLLARS (RETURN EXPENSES & TAXES) CLASSIFIED AS TOLLOWS:

ENERGY RELATED DOLLARS:

TOTAL $

TOTAL ENERGY RATE ENERGY SPECIFIC MWH OF DOLLARS PER OR0tJP RELATED INCL WH FUEL REL RETAIL ENER f<EL SALES ttWH SOLD (1)

(2)

(3)

(4)

(5)

(6)

(7)

(H)=(2/7)

RATE RP 3469622.

O.

.3469622.

O.

209352.

16.573 ALLEG-SU 12000039.

O.

12000039.

O.

709526.

16.924

' WitEELING 0.

O.

G.

O.

0.0 h

TOTAL RESALE 15477661.

0.

15477661.

O.

910070.

16.044 g

RETAIL 194407646.

O.

185169854.

-762209.

O.

10544534.

17.400 C

TOT COMP 199005307.

O. 200647515.

-762209.

O.

11463412.

17.437 ts

w@

n.

m o rt

< 't Dr P P rt MOO.

O D. U gh m

HU H tt M

'4:26 PM S/HWH (GEN LEV)

=

0.0 15.2404

-0.0627 0.0 c

MtWMs943t g

(

x:(

M@81WO4 HH

%)c<FnH4 RT)

TES0 SPU1 2

9 0

4 7

1 U

C/

7 0

7 7

6 3

CS 2 7

1 5

5 5

5 R. (

1 5

6 9

0 1

L A P. )=

AL 1

4 9

3 3

3 T L O.1 2

2 5

1 OO 1

9 1

1 1

TDE(

t 5

5 1

1 2

R i

5 5

2 6

0 3

0 1

E) 1 1

t 1

2 FDi0 OO01 0

0 I 1 (

5 5

DRS NEU EPC CL O O O

O O

O I E FR)

I 9

CT(

0 ES PU 0

SC

)

O O O

O O

O CB I(

F 0

I C

E 0

PS PU O

0 7

5 7

0 5

4 2

1 3

0 R

4 S

2

/

1 R

3 0

0 2

4 6

7 YG9 4

E) 5 7

/

0 0

0 2

N 7

2 AE/

9 T7 0

9 0

7 3

0 PT0 E(

2 4

7 A3 N

0 it uR/

C 6Y

+

CB:

I G

F O O O

O O O

RSN O

S I f I S

E t

CAD N

W C

~ W=hc_U 3 b==

W_

0 ELN R

O I) l 5w

. 8:

LLE U

L V6 D

EO T

L R(

0

=

DS E

O E

a 3C A

l R

F S

IDi S

NEN D

S R AIO E

A A

O O

O. O 1

1 VFN Z

L T

0 LI I

D L

S 0

YS2 L

E O

U 0

SS1 E

I D

C) 0 NA V

F 5

NLR E

I D

C(

0 ECO L

S E E

P F

S T

S

- L G

A A

A N

L L

T I

C E

O O

O S

R T

T U

)

S S R U

E E

C 0

X M

)

A O

I 4 0

T T

R(

S f

& U C S

2 9

3 4

0 2

1 0

2 E

T 0

2 5

0 S

C 9

9 1

9 0

0

"/5 N

C 4

5 3

3 1

5 4'

2 E

A 1

9 1

2 0

2 4

P

)

1 2

9 1

X T 1.

4 5

6 E.

S4 1

1 2

U N

C R

U 9

4 0

3 4

7 T

R 2

0 7

0 3

3 E

$ED 2

0 9

2 2

4

=

h t E 0

3 0

4 0

4 1

(

LDT) 0 9

0 9

4 3

R AI A2 8

1 2

4 3

0 E

S TSL(

5 5

N R

OUE 1

1 1

A TCR-L L

U G E

P O

P S

N L

M C

D R

I A

L O

H G

L S

I C

PO L

EP)

E E

A T

A TU1 T

L E

R T

T 7W T

AO(

A L

i

't O

2/

t O

! R R

A W

T

1 I

i T

G 4

1 e

n..

o l:

PENNSYLVANTA ELECTRIC COMPANY TOTAL CLASSIFIED DOLLARS BY RATE GROUP FOR 12 NONIHS ENDING: 6/30/79 5

4 USING LEVELIZED RETilRN OF :

9.440%

e NTAL DOLLARS (RETURN. EXPENSES & TAXES) CLASSIFIED AS FOLLOWS:

CUSTONER RELATED DOLLARS:

TOTAL $

END OF TOTAL CUST 3 ATE CUSTONER SPECIFIC ' PERIOD DOILARS PER 100P

'<EL AT L D CUST ACCT PRI CUST SEC CUST SERVICES NETERS SPECIFIC CUST REL CUSTONER E.U.P. CUST (1)

(2)

(3)

(4)

(5)

(6)

(7)

(0)

(9)

(10)

(11)=(2/10) 2A1E RP

-100229 14902.

O.

85327.

O.

11.

9111.772 21 LEG-SU 193004.

95929.

O.

6.

.O.

97015.

O.

155.

1245.199 1 HEELING 200970.

113153.

O.

07017.

O.

(..

155.

1296.570

]DT At.

RESALE.

-494203.

223904.

O.

270220.

O.

321.

1539.574 DYTAIL 15340234.

14901010.

O.

1.

O.

430415.

O.

501061.

30.567 TOT CONP 15034437.

15125002.

O.

1.

O.

700634.

O.

502102.

31.531

@D Cc D

.o.o m CJ (D (D rt

<'t>

P= P rt

$ D. h Hh H tt

):27 PM 3

$/WTG CUSTOMER =

'26.4252 0.0 0.0000 0.0 0.2270 0.0 0.0

%B

7' f"* 2^*

.s I CNNIYLVANI A ELEC!RIC COM5'(.NY TOTot CLASSIFIED DOLtARI DY RATE GROUP F0ff 12 NOHTHS FNDING: 6/30/79 f

8 USING LEVELIZED RETilNN OF -

9.440X TAL DOLLARI (RETURN,EXPENIES & TAXEI) CLAIIIFIED AT FOLLOWI:

--DEMAND RELATED-----

--ENERGY RELATED----

--CtfSTOMER RELATED--

TUTAL-------

HWH OF INTAL 4 PER TOTAL 4 PER TOTAL 4 PER ALLGEAIED 4 PE R

{ ATE UARIFF IALES DOLLARI KWit SOLD DOLLARS kWii SOLD DutLARS hWH SOLD DOLLARS KWit 50L D x

(1)

(2)

(3)=(2/1)/10 (4)

(5)=(4/1)/10 (6)

(7)=(6/1)/10 (0)=(2+4+6)

(9)=(0/11/10

< ATE RP 209352.

3503503.

1.6735 3469622.

1.6573 100229. 0.0479 7073355.

3.3707 LEG-IU 709526.

12310953.

1.7351 12000039.

1.6924 193004. 0.0272 24511996.

3.4547 EELING 0.

2000349.

0.0 0.

0.0 200970.

0.0 3001317.

0.0 RESALE 910978.

18614004.

2.0258 15477661.

1.6044 494203.

0.0530 34506660.

3.7640 (DTAL

ETAIL

10544534.

206302204. 2.7159 184407646.

1.7488 15340234.

0.1455 4BA130164.

4.6103 10T COMP 11463412.

304997000. 2.6606 199005307.

1.7437 15034437. 0.1301 520116032.

4.5424

)(m)

FO EEME0

!?2ll?

4Hm (n)

O Rl g

HM r--,

4:20 PM hb2 d) kn a 26. 1979 L

ML19322C358

Text

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