ML19331C211

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Forwards PA Electric Co to PA Public Util Commission Forwarding Info & Testimony Re Proposed Increase in Base Rates Affecting All Classes of Svc.Info Submitted in Support of TMI-1 Restart Hearing & Per NRC
ML19331C211
Person / Time
Site: Crane Constellation icon.png
Issue date: 08/07/1980
From: Springer E
PENNSYLVANIA ELECTRIC CO.
To: Vollmer R
Office of Nuclear Reactor Regulation
Shared Package
ML19331C212 List:
References
NUDOCS 8008140348
Download: ML19331C211 (7)


Text

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,3 Pennsylvania Electric Company

!CCI Broca St ee' xtegewn PerrSt.cnio ?f^.C7

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814 533-3111 ee 3 0.nect Oc Purt*e 533-8267 3IHIS DOCUMENT CONTAINS

^"8"8* 7' 198 I

4 P00R QUAUTY PAGES Mr. Richard H. Volher Director, Three Mile Island-2 Support Office of Ihelear Reactor Regulation U. S. Nuclear Regulatory Cc=missien 7920 Norfolk Avenue f

Bethesda, Maryland 20011+

RE:

NRC Docket No. 50-280 - BfI-l Restart oroceedine

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Dear Mr. Vollmer:

By your letter dated September 21, 1979 to R. C. Arnold, and Mr. J. C. Petersen's data requests sent to C. W. S=yth on November 9, 1979,'fou req'uested us to keep the NRC infermed of significant regulatory developments affecting the GPJ Cc=panies.

Accordingly the enclosed material (3 copies) has been sent for that purpose.

I Sincerely, Y

E. R. Springer, Manager Rate Administration ec:

L. P. Gentieu (W/0Att.)

M. Kar1cvicz (W/Att.)

J. C. Petersen 9

8 0 o s 14 0 Plbswan,a eem Ccmmnos Lmmr ee mneraec uses saem

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Stetcment Witness Exhibit

'A.

F. D. Hafer Executive Summary of Reasons (filed as Part 1 of Exhibit B-1).

Proposed Tariff (sponsored and supported by Witness E. F. Carter).

Exhibit A-2 Responses to filing requinements under 52 PA. Code 53.52.

B.

T. L. Carroll Exhibit B-1 Part 1 - Statement of Reasons Part 2 - Original Cost Measure of Value - Future Test Year Part 3 - Original Cost Measure of Value - Historic Test Year Part 4 - Working Capital - Future Test Year Part 5 - Working Capital - Historic Test Year Part 6 - Original Cost and Trended Original Cost - Future Test Year Part 7 - Original Cost and Trended Original Cost - Historic Test Year Part 8 - Income Statement - Future Test Year Part Income Statement - Historic Test Year Part 10 - Balance Sheet Part 11 - Comparative Income Statement Part 12 - Comparative Operation and Maintenance Expenses Exhibits B-2 through B-110, - Responses to filing requirements.

C.

E. F. Carter Exhibit C Summary of Revenue Effects of Proposed Tariff PaPUC 75 based on Normalized Test Year Ending March 31, 1981.

Exhibit C Summary of Normalized Sales of Electricity -

Base Revenues for the 12 Months Ended March 31,19S0.

Exhibit C Cost of Service Study based en Budgeted and Pro-Forma Statements for Test Year - Twelve. months ended March 31, 1981 at Proposed Tariff 75 rates.

Exhibit C Base Rate Revenue Ef fects of-Proposed Tariff 75 a

Exhibit C Bill Comparisons - Present vs. Proposed Rates Exhibit C-6 through C Responses to filing requirements D.

C. Soligson Exhibit D-1 -Update of Table 8 of Appendix B l

Attached to Met-Ed Petition E.

J. G. Graham Exhibit E-1 -- Capitalization and Capitalization ratios for 1975 through 1981 and year-end interest and preferred stock divi-dend coverages for 1977, 1978, 1979 and 12 months ended l

tbrch 31, 1980 for CPU, Penelec, and Met-Ed.

Exhibits E-2, E-3 and E 1979 Annual Reports of CPU, Met-Ed I

l-and Penelec.

Exhibit E CPU Quarterly Financial Statement - 3/31/80 Exhibit E GPU First Quarter and Annual Meeting Report - 1980 Exhibit E CPU Prospectus, Divident Reinvestment and Stock l

Purchase Plan Exhibit E-8 -- Met-Ed Prospectus First Mortgage Bonds - 9%

Exhibit E Penelec Of ficial Statement - Pollution Control Revenue Bonds Exhibits E-10 through E-l'6 - Responses to filing requirements Exhibit E Graphs of interest coverage with and without rate relief.

Exhibits E-18 through E Data relevant to Revolving Credit

[

Agreement

s Sta tement

. Witnera Exhibit Exhibit E Extracts form Penelec Debenture Indenture; Penelec First Mortgage Bond Indenture and Penelec Amended and Restated Articles of Incorporation.

F.-

E. Newton, Jr.

Exhibit F-~ 1 - Composite Power Pooling Agreement (GPU Power Pooling Agreement)

Exhibit F Composite PJM Agreement Exhibit F Composite EHV Agreement Exhibit F Susquehanna - Eastern 500 KV Transmission System Agreement Exhibit F Summary of Normalized Installed Capacity Expenses - 12 months ending 3/31/80.

Exhibit F Summary of Normalized Installed Capacity Expenses - 12 months ending 3/31/81.

Exhibit F-7 through F Responses to filing requirements Exhibit F Transmission and Distribution Operations and Maintenance Expenses - Reduction in Expenses to 1979 and i

1980 Original Budgets Because of TMI-1 Accident.

. Exhibit F-17 through F Responses to filing requirements.

G.

W. D. Garland Exhibit G Rate Base - Original Cost and Trended Original cost at 3/31/81.

Exhibit G Rate Base -Original Cost and Trended Original cost at 3/31/80.

Exhibit G Original Cost Functional Plant and Deprecia-tion Reserves at 3/31/81 Exhibit G Original Cost and Trended Original Cost Func-tional Plant and Depreciation Reserves at 3/31/80.

Exhibic G Original Cost and Trended original Cost Plant and Depreciation Reserve Eliminations at 3/31/81.

Exhibit G-6 -- Original Cost Functional Plant and Depreciation Reserves Activity for Year Ending 3/31/81.

Exhibit G Original Cost Plant and 7epreciation Reserves Eliminations for Year Ending 3/31/81.

Exhibit G Trended Original Cost Plant and Depreciation Reserves Example of Activity Updating Procedure Exhibit G Calculation of Depreciation Accrual on Data at -

3/31/81.

Exhibit G Calculation of Depreciation Accrual Eliminations on Data at 3/31/81.

Exhibit G Nuclear Decommissioning Accruals Derivation Exhibit G Original Cost Functional Plant and Depreciation Reserves at 3/31/80 Exhibit G Original Cost and Trended Original Cost Plant and Depreciation Reserves at 3/31/80.

Exhibit G Original Cost and Trended Original Cost Plant and Depreciation Reserve Elimination at 3/31/80.

Exhibit G Original Cost Functional Plant and Depreciation Reserves Updated with Activity from 9/30/79 to 3/31/80 Exhibit G Original Cost Plant and Depreciation Reservet Elimination Updated with Activity fron 9/30/79 to 3/31/80 Exhibit G Calculatio.n of Depreciatim Accrual on Data at 3/31/80 Exhibit G Calculation of Depreciation Accrual Eliminations on Data at 3/31/80.

Exhibit G Two separately bound. volumes titled " Capital Recovery Study' Report on Plant Investments at 9/30/79"

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Stat-rent Witn**e Exhibit Exhibit C Book Rate Base vs. Calculated Race Base DiscussionL and Demonstration Examples Exhibit G TMI-1 Revision to Accrual Recoveries, Annual

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Capital Recovery Accruals, and Decommissioning Accruals Reflecting Disallowed Revenue 6/1/80 - 3/31/81 H.

E. F. Brigham Appendix A - This Risk Premium Approach to Estimating the Cost of Common Equity capital (Exhibit EFB-1) Schedule 1 - Relative Importance of New Construction:

Construction Expenditures / Total Assets, 1959-1978 Schedule 2 - Relationships between inflation, risk and required rates of return Schedule 3 - Estimated Risk Premiums, Constant Growth, 1964-1979, for the S & P 399 Industrial Index Schedule 4 - Adjustment to go from End of Period RDE to RDE on Average Common Equity Schedule 5 - Cost of Equity of Utilities Serving Pennsylvania and Contiguous States.

I.

B. H. Cherry Exhibit I PJM Installed Capacity Requirements Exhibit I The End-Use Approach to Load Forecasting Exhibit I KWH Sales Forecast - For Each Operating Company Exhibit I General Structure of the Economic / Demographic Nbdel Exhibit I Structure of the Residential Demand bbdel Exhibit I Structure of the Commercial Sector Demand Model Exhibit I Structure of the Industrial Sector Demand Model Exhibit I Structure of Peak Load Model Exhibit I Historical and Forecast MWH Sales, NSR's and Peak Load Data j

Exhibit I Penelec Total Sales by Rate Contribution Exhibit I 1980 Budget - Sales in GWH's, Number of Customers f

Exhibit I Seasonal Peaks - Winter vs. Summer Exhibit I Existing Capacity Exhibit I GPU 1980-1999 Load and Capacity Forecast - Summer Exhibit I GPU 1980-1999 Load and Capacity Forecast - Winter Exhibit I GPU System Installed Capacity and Obligation L

l i

Exhibit I Penelec Installed Capacity and Obligation Exhibit I GPU System Winter Installed Capacity Reserve i

Exhibit I Penelec Winter Installed Capacity Reserve j

Exhibit 1 Capacity Additions and Ownership Allocation 4

Exhibit I Policy Statements by PaPUC with Respect to Installation of Electric 0"terating Capacity Exhibit I-22, Peak Load Projections Exhibit 1 NSR - April 1980 Forecast Exhibit 1 GPU 1981-2000 Load and Capacity Forecast j

Exhibit I GPU Installed Capacity & Obligation (5/23/80 Plan) j Exhibit I Penelec Installed Capacity & Obligation d.

(5/23/80 Plan)

Exhibit I Customer Growth Patterns '

j ij 3

il 3

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