ML18230A817: Difference between revisions
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{{#Wiki_filter:g/gg l j'5 $ 00-QQl Qockot+ >j<yo la'i Control | {{#Wiki_filter:g/gg l j'5 $ 00-QQl Qockot+ >j<yo la'i Control | ||
+ TDocumoga tlrto 4'KMgyORV GOGKG < | + TDocumoga tlrto 4'KMgyORV GOGKG < | ||
STATE OF SOUTH CAROLINA | STATE OF SOUTH CAROLINA BEFORE THE SOUTH CAROLINA PUBLIC SERVICE COMMISSION DOCKET NO, /+ ~ & 7 IN THE-MATTER OFl APPLICATION FOR GENERAL INCREASE IN RATES AND NOTICE OP PILING Carolina Power 6 Light Company ) CHANGE OF RATES | ||
BEFORE THE SOUTH CAROLINA PUBLIC SERVICE COMMISSION DOCKET NO, /+ ~ & 7 IN THE-MATTER OFl APPLICATION FOR GENERAL INCREASE IN RATES AND NOTICE OP PILING Carolina Power 6 Light Company ) CHANGE OF RATES | |||
STATE OF SOUTH CAROLINA ) BEFORE THE SOUTH CAROLINA | STATE OF SOUTH CAROLINA ) BEFORE THE SOUTH CAROLINA | ||
Line 206: | Line 204: | ||
-metering equipment; and that the estimated cost shall include labor, materials, trans-portation and supervision of furnishing, installing and removing, less salvage value of such facilities. | -metering equipment; and that the estimated cost shall include labor, materials, trans-portation and supervision of furnishing, installing and removing, less salvage value of such facilities. | ||
Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory commission. | Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory commission. | ||
Supersedes Schedule 0-1L Effective for bi33.s rendered on and after January 15, 1975 SCPSC Docket No. 17,134, Order No. 18,100 | Supersedes Schedule 0-1L Effective for bi33.s rendered on and after January 15, 1975 SCPSC Docket No. 17,134, Order No. 18,100 Carolina Power Cc Light Company SEASONAL OR INTERMITTENT SERVICE RIDER NO. SF AVAILABILITY This Rider is available in con)unction with the Small General Service Schedule for a Customer whose electric service requirements are all taken from Company and which are limited to certain months of each year or vary greatly from month to month. | ||
Carolina Power Cc Light Company SEASONAL OR INTERMITTENT SERVICE RIDER NO. SF AVAILABILITY This Rider is available in con)unction with the Small General Service Schedule for a Customer whose electric service requirements are all taken from Company and which are limited to certain months of each year or vary greatly from month to month. | |||
9d.s Rider is also available to a Customer who is using less than one-half of his Contract Demand during (1) his initial period of operation or (2) a period of reduced or suspended operations for at least three consecutive billing months. | 9d.s Rider is also available to a Customer who is using less than one-half of his Contract Demand during (1) his initial period of operation or (2) a period of reduced or suspended operations for at least three consecutive billing months. | ||
This Rider is not available (1) when the 3'rovision of the Billing Demand portion of the Small General Service Schedule is applicable except durirg periods of initial, reduced, or suspended operations, or (2) for short tenn, temporary, breakdown, standby or supplementary service. | This Rider is not available (1) when the 3'rovision of the Billing Demand portion of the Small General Service Schedule is applicable except durirg periods of initial, reduced, or suspended operations, or (2) for short tenn, temporary, breakdown, standby or supplementary service. | ||
Line 225: | Line 221: | ||
1 h | 1 h | ||
i, | i, | ||
Line 516: | Line 511: | ||
GENERAL P | GENERAL P | ||
Service rendered under this Schedule is sub]ect to the provisions of Company's Streec Lighting Service Regulations filed with the state regulatory coEnaission. | Service rendered under this Schedule is sub]ect to the provisions of Company's Streec Lighting Service Regulations filed with the state regulatory coEnaission. | ||
Supersedes Schedule SL-2D Effective: South Caroline - For bills rendered on and after January 15, 1975 SCPSC Docket No. 17P134, Order No. 18,100 | Supersedes Schedule SL-2D Effective: South Caroline - For bills rendered on and after January 15, 1975 SCPSC Docket No. 17P134, Order No. 18,100 54 Carolina Power 6c Light Company UNIZROROUND STREET LZGHTING SERVICE SCHEKUIZ SL-3E (Customer Participation) | ||
54 Carolina Power 6c Light Company UNIZROROUND STREET LZGHTING SERVICE SCHEKUIZ SL-3E (Customer Participation) | |||
AVAILABILITY This Schedule is available for service supplied in the lighting of dedicated public streets, municipally owned and operated public parking lots, and municipally owned and operated public parks by means of mercury vapor and sodium vapor lighting units. 'The lighting units normally will be bracket mounted on Company-owned standard metal poles; however, wood poles are available. | AVAILABILITY This Schedule is available for service supplied in the lighting of dedicated public streets, municipally owned and operated public parking lots, and municipally owned and operated public parks by means of mercury vapor and sodium vapor lighting units. 'The lighting units normally will be bracket mounted on Company-owned standard metal poles; however, wood poles are available. | ||
'ihis Schedule is not available for the lightirg of highways, outdoor areas, private streets, or private driveways. | 'ihis Schedule is not available for the lightirg of highways, outdoor areas, private streets, or private driveways. | ||
Line 540: | Line 533: | ||
(5) Conversion of Overhead Street Lighting Service supplied under the Monthly Rate or the contributions set forth above do not include the conversion of existing overhead street light1ng circuits to underground. Should the customer desire such a conversion under this Schedule, customer wiU. pay to Company, in addition to the applicable contributions above, the estirated net investment depreciated, plus removal cost, less salvage value of the overhead conductors being removed. | (5) Conversion of Overhead Street Lighting Service supplied under the Monthly Rate or the contributions set forth above do not include the conversion of existing overhead street light1ng circuits to underground. Should the customer desire such a conversion under this Schedule, customer wiU. pay to Company, in addition to the applicable contributions above, the estirated net investment depreciated, plus removal cost, less salvage value of the overhead conductors being removed. | ||
PABGBITS BiU.s are due when rendered and are payable within 15 days from the date of the bi11. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations. | PABGBITS BiU.s are due when rendered and are payable within 15 days from the date of the bi11. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations. | ||
CONTRACT PERIOD The Contract Period shall not be less than 10 years. | CONTRACT PERIOD The Contract Period shall not be less than 10 years. | ||
GENERAL Service rendered under this Schedule is subject to the provisions of Company's Street Lighting Service Regulations filed with the state regulatory commission. | GENERAL Service rendered under this Schedule is subject to the provisions of Company's Street Lighting Service Regulations filed with the state regulatory commission. | ||
Supersedes Schedule SL-3D Effective: South Carolina - For bills rendered on and after January 15, 1975 SCPSC Docket No. 17',134, Order No. 18,100 ~ | Supersedes Schedule SL-3D Effective: South Carolina - For bills rendered on and after January 15, 1975 SCPSC Docket No. 17',134, Order No. 18,100 ~ | ||
I | I | ||
.l 3 | .l 3 | ||
Line 583: | Line 574: | ||
2 ~ Paved Areas - If Company has to install any portion of the street lighting system under exist-ing paved areas, tho developer will either cut and replace the pavement or contribute to Company the additional cost incurred to install its facllitlos under the paved area. | 2 ~ Paved Areas - If Company has to install any portion of the street lighting system under exist-ing paved areas, tho developer will either cut and replace the pavement or contribute to Company the additional cost incurred to install its facllitlos under the paved area. | ||
: 3. Excess Circuitry - When any lighting unit is located so that the span of underground cable necessary to serve such unit exceeds 250 feet, the developer will contribute the sum of the estimated installed costs of all such overages within the subdivision. | : 3. Excess Circuitry - When any lighting unit is located so that the span of underground cable necessary to serve such unit exceeds 250 feet, the developer will contribute the sum of the estimated installed costs of all such overages within the subdivision. | ||
EXISTING SUBDIVISIONS Street llghtlng service under this Schedule will be available in existing residential subdivisions provided the. Company receives a petition requestirg this service signed by all the owners of residential lots within the subdivision. When the electrical distribution system within the subdivision ls installed underground, the persons requesting the installation of the street lighting system wiU. pay to Company, in addition to any contribution required above, a nonrefundable contribution equal to the cost of trenching and backfilling necessary for the installation of the street lighting system. If a contribution is re-quired under Excess Circuitry, that portion of trenching and backfilling included ln such contribution will Relandscaping of the area necessary due to the installation of | EXISTING SUBDIVISIONS Street llghtlng service under this Schedule will be available in existing residential subdivisions provided the. Company receives a petition requestirg this service signed by all the owners of residential lots within the subdivision. When the electrical distribution system within the subdivision ls installed underground, the persons requesting the installation of the street lighting system wiU. pay to Company, in addition to any contribution required above, a nonrefundable contribution equal to the cost of trenching and backfilling necessary for the installation of the street lighting system. If a contribution is re-quired under Excess Circuitry, that portion of trenching and backfilling included ln such contribution will Relandscaping of the area necessary due to the installation of be excluded from the preceding requirement. | ||
be excluded from the preceding requirement. | |||
the street lighting system will be the responsibility of the residents within the subdivision. The appropriate monthly charge as set forth above will be applied to the monthly billings of all residents in the subdivision. | the street lighting system will be the responsibility of the residents within the subdivision. The appropriate monthly charge as set forth above will be applied to the monthly billings of all residents in the subdivision. | ||
PAYHE!t2S The monthly charges set forth under this Schedule will be billed in con)unction with the normal bill for residential service. The total of the bill so rendered shall be sub)ect to the terms and conditions of the Service Regulations approved and on file with the state regulatory commission. Failure to pay the total bill rendered when due and payable shall constitute a failure to pay the bill for residential service. | PAYHE!t2S The monthly charges set forth under this Schedule will be billed in con)unction with the normal bill for residential service. The total of the bill so rendered shall be sub)ect to the terms and conditions of the Service Regulations approved and on file with the state regulatory commission. Failure to pay the total bill rendered when due and payable shall constitute a failure to pay the bill for residential service. | ||
Line 629: | Line 618: | ||
Service rendered under this Schedule is sub)act to the provisions of the Servi.ce Regulations of the Company on file with the state regulatory commission. | Service rendered under this Schedule is sub)act to the provisions of the Servi.ce Regulations of the Company on file with the state regulatory commission. | ||
Supersedes Schedule R-2S Effective for service rendered'n and after September 15, 1975 SCPSC Docket No. Order No. | Supersedes Schedule R-2S Effective for service rendered'n and after September 15, 1975 SCPSC Docket No. Order No. | ||
Carolina Power 6 Lighc Company | Carolina Power 6 Lighc Company | ||
{South Carolina Only) | {South Carolina Only) | ||
Line 651: | Line 639: | ||
Carolina Power & Light Company (South Carolina Only) | Carolina Power & Light Company (South Carolina Only) | ||
RESIDENTIAL SERVICE | RESIDENTIAL SERVICE SCHEDULE R-4R (General) | ||
SCHEDULE R-4R (General) | |||
AVAILABILITY This Schedule is available when electric service is used for domestic purposes in and about a resi-dential dwelling unit, including electric service used on a fazm and in the preparation of the farm's products for market. A residential house served under this Schedule may be used as a boarding house, fraternity house, tourist home, or like establishment, provided such residential house is one which ordinarily would be used as a private residence. | AVAILABILITY This Schedule is available when electric service is used for domestic purposes in and about a resi-dential dwelling unit, including electric service used on a fazm and in the preparation of the farm's products for market. A residential house served under this Schedule may be used as a boarding house, fraternity house, tourist home, or like establishment, provided such residential house is one which ordinarily would be used as a private residence. | ||
Service under this Schedule is not available for processing (or handling) for market of farm products produced by others, for separately metered farm operations. for individual motors in excess of 10 HP (except as pzovided below), for highly seasonal heating load in excess of 10 KW connected, for an "All Electric" residential dwelling unit, for commercial or industrial purposes, or foz other uses not specifically pro-vided for by the provisions herein, or for breakdown, standby, supplementary, or resale service. | Service under this Schedule is not available for processing (or handling) for market of farm products produced by others, for separately metered farm operations. for individual motors in excess of 10 HP (except as pzovided below), for highly seasonal heating load in excess of 10 KW connected, for an "All Electric" residential dwelling unit, for commercial or industrial purposes, or foz other uses not specifically pro-vided for by the provisions herein, or for breakdown, standby, supplementary, or resale service. | ||
Line 713: | Line 699: | ||
Carolina Power 4 Light Company (South Carolina Only) | Carolina Power 4 Light Company (South Carolina Only) | ||
GENERAL SERVICE SCHEDULE G-2P | GENERAL SERVICE SCHEDULE G-2P AVAILABILITY This Schedule is available for electric service (1) used by a commercial or industrial business and (2) for any other use not specifically excluded by the provisions hereof when Company does not own equip-ment, other than meters and metering equipmenc, on Customer's side of the point of delivery and when Customer contracts for not less than 50 kw. | ||
AVAILABILITY This Schedule is available for electric service (1) used by a commercial or industrial business and (2) for any other use not specifically excluded by the provisions hereof when Company does not own equip-ment, other than meters and metering equipmenc, on Customer's side of the point of delivery and when Customer contracts for not less than 50 kw. | |||
This Schedule is not available (1) for breakdown, standby, or supplementary service unless used in con)unction with the applicable Standby and Supplementary Service Rider for a continuous period of not lese than one year, (2) for resale service, or (3) for short term or temporary service. | This Schedule is not available (1) for breakdown, standby, or supplementary service unless used in con)unction with the applicable Standby and Supplementary Service Rider for a continuous period of not lese than one year, (2) for resale service, or (3) for short term or temporary service. | ||
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter. | APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter. | ||
Line 746: | Line 730: | ||
Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory commission. | Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory commission. | ||
Supersedes Schedule G-3B Effective for service rendered on and after September 15, 1975 SCPSC Docket No. Order No. | Supersedes Schedule G-3B Effective for service rendered on and after September 15, 1975 SCPSC Docket No. Order No. | ||
Line 823: | Line 806: | ||
- J 1 | - J 1 | ||
.J II | .J II | ||
Line 861: | Line 843: | ||
Supersedes Schedule SC-1H Effective for service rendered on and after September 15, 1975 SCPSC Docket No. Order No. | Supersedes Schedule SC-1H Effective for service rendered on and after September 15, 1975 SCPSC Docket No. Order No. | ||
II J | II J | ||
'J l | 'J l | ||
Line 917: | Line 898: | ||
GENERAL Service rendered under this Schedule is sub)ect to the provisions of the Service Regulations of the Conpany on file with the state regulatory comnission. | GENERAL Service rendered under this Schedule is sub)ect to the provisions of the Service Regulations of the Conpany on file with the state regulatory comnission. | ||
Supersedes Schedule MP-2G Effective for service rendered on and after Septenber 15, 1975 SCPSC Docket No. Order No. | Supersedes Schedule MP-2G Effective for service rendered on and after Septenber 15, 1975 SCPSC Docket No. Order No. | ||
Carolina Power 6 Light Company (South Carolina Only) | Carolina Power 6 Light Company (South Carolina Only) | ||
TRAFFIC SIGNAL SERVICE SCHEDULE TS-lE AVAILABILITY This Schedule is available for electric service supplied for the operation and illumination of traffic signals installed along public and private highways where Company has an existing secondary distribution line. | TRAFFIC SIGNAL SERVICE SCHEDULE TS-lE AVAILABILITY This Schedule is available for electric service supplied for the operation and illumination of traffic signals installed along public and private highways where Company has an existing secondary distribution line. | ||
Line 924: | Line 904: | ||
DEFINITIONS A One-Way Signal is a signal with only one face which can be seen from only one approach. | DEFINITIONS A One-Way Signal is a signal with only one face which can be seen from only one approach. | ||
A Multi-Direction Signal is a signal with more than one face each of which can be seen from only one approach. | A Multi-Direction Signal is a signal with more than one face each of which can be seen from only one approach. | ||
MONTHLY RATE MONTHLY RATE PER SIGNAL With Lamps of 70 Watts or less (1) With Lamps of 150 Watts or less TYPE OF SIGi%LL 0 cretin for a Maximum Da of cretin for a Maximum Da of 16 Hours 24 Hours 16 Hours 24 Hours Blinker Signal with One Lamp . . . . . . . . . . $ 0.75 $ 1.05 $ 1.55 $ 2.00 One-way Signal with One Lamp . . . . . . , . . . $ 0.85 $ 1. 10 $ 1.95 $ 2.70 Two Lamps Three Lamps Four Lamps | MONTHLY RATE MONTHLY RATE PER SIGNAL With Lamps of 70 Watts or less (1) With Lamps of 150 Watts or less TYPE OF SIGi%LL 0 cretin for a Maximum Da of cretin for a Maximum Da of 16 Hours 24 Hours 16 Hours 24 Hours Blinker Signal with One Lamp . . . . . . . . . . $ 0.75 $ 1.05 $ 1.55 $ 2.00 One-way Signal with One Lamp . . . . . . , . . . $ 0.85 $ 1. 10 $ 1.95 $ 2.70 Two Lamps Three Lamps Four Lamps I | ||
1.20 1.30 1.60 1.55 | |||
: 1. 70 2.05 2.70 2.80 | : 1. 70 2.05 2.70 2.80 | ||
: 3. 75 3.55 | : 3. 75 3.55 | ||
Line 941: | Line 918: | ||
If J | If J | ||
1 | 1 I | ||
I | |||
Carolina Power 6 Light Company (South Carolina Only) | Carolina Power 6 Light Company (South Carolina Only) | ||
Line 987: | Line 962: | ||
Less Then Ten Li htin Units When the total number of lighting units billed to a customer under a contract containing this and any other applicable street lighting schedule is less than ten units, a sum of money equal to twenty-five cents (S0.25) times the difference between ten and the number of lighting units billed under the contract will be added to customer's monthly billing. | Less Then Ten Li htin Units When the total number of lighting units billed to a customer under a contract containing this and any other applicable street lighting schedule is less than ten units, a sum of money equal to twenty-five cents (S0.25) times the difference between ten and the number of lighting units billed under the contract will be added to customer's monthly billing. | ||
PASNNNP S Bills are 'due .when rendered and are payable within 15 days from the date of the bill. If any bill is the right to suspend service in accordance with its Service Regulations. | PASNNNP S Bills are 'due .when rendered and are payable within 15 days from the date of the bill. If any bill is the right to suspend service in accordance with its Service Regulations. | ||
not so paid, Company has CONTRACT PERIOD The Contract Period shall not be'ess than 10 years. | not so paid, Company has CONTRACT PERIOD The Contract Period shall not be'ess than 10 years. | ||
GENERAL Service rendered under this Schedule is sub]ect to the provisions of Company's Street Lighting Service Regulations filed with the state regulatory commission. | GENERAL Service rendered under this Schedule is sub]ect to the provisions of Company's Street Lighting Service Regulations filed with the state regulatory commission. | ||
Supersedes Schedule SL-1J Effective for service rendered on and after September 15, 1975 SCPSC Docket No. , Order No. | Supersedes Schedule SL-1J Effective for service rendered on and after September 15, 1975 SCPSC Docket No. , Order No. | ||
Carolina Power 6 Light Company (South Carolina Only) | Carolina Power 6 Light Company (South Carolina Only) | ||
* UNDERGROUND STREET LIGHTING SERVICE SCHEDULE SL-2H AVAILABILITY This Schedule is available for sezvice supplied in the lighting of dedicated public stx'eats, highways, municipally owned and operated public parking lots, and municipally owned and operated public parks by means of mezcury vapor and sodium vapor lighting units. This Schedule is also available for continuous service to other installations which were being sezved on Apxil,l, 1973, under the superseded Schedule SL-2C. The lighting units normally will be bracket mounted on Company-owned standard metal poles; however, wood poles are available. | * UNDERGROUND STREET LIGHTING SERVICE SCHEDULE SL-2H AVAILABILITY This Schedule is available for sezvice supplied in the lighting of dedicated public stx'eats, highways, municipally owned and operated public parking lots, and municipally owned and operated public parks by means of mezcury vapor and sodium vapor lighting units. This Schedule is also available for continuous service to other installations which were being sezved on Apxil,l, 1973, under the superseded Schedule SL-2C. The lighting units normally will be bracket mounted on Company-owned standard metal poles; however, wood poles are available. | ||
Line 1,015: | Line 988: | ||
Service rendered under this Schedule is sub5ect to the provisions of Company's Street Lighting Service Regulations filed with the state regulatory commission. | Service rendered under this Schedule is sub5ect to the provisions of Company's Street Lighting Service Regulations filed with the state regulatory commission. | ||
Supersedes Schedule SL-2E Effective. for service rendered on and after September 15, 1975 SCPSC Docket No. Order No. | Supersedes Schedule SL-2E Effective. for service rendered on and after September 15, 1975 SCPSC Docket No. Order No. | ||
Carolina Power & Light Company (South Carolina Only) | Carolina Power & Light Company (South Carolina Only) | ||
UNDERGROUND STREET LIGHTING SERVICE SCHEDULE SL-3H (Customer Participation) | UNDERGROUND STREET LIGHTING SERVICE SCHEDULE SL-3H (Customer Participation) | ||
Line 1,150: | Line 1,122: | ||
: 7. Total Cash Working Capital 46,382,435 7,044,052 | : 7. Total Cash Working Capital 46,382,435 7,044,052 | ||
Exhibit G Carolina Power & Light Company Operating Experience Test Year Ended December 31, 1974 S stem Total A ortioncd to S. C Retail Linc Total Total Mith Total Total With No. Pcr Books Ad ustments ~nd ustnents Per Books ~nd ustuents ~dd ustneots (2) (3) (4) (5) (6) (7) | Exhibit G Carolina Power & Light Company Operating Experience Test Year Ended December 31, 1974 S stem Total A ortioncd to S. C Retail Linc Total Total Mith Total Total With No. Pcr Books Ad ustments ~nd ustnents Per Books ~nd ustuents ~dd ustneots (2) (3) (4) (5) (6) (7) eratin Revenues 2~ Gross Operating Revenue 460,977,024 3n Contract Sales Credit (13>499, 572) 4 Net Operating Revenue 447>477>452 39>096>956 486 ~ 574>408 72,288,925 (2 > 437 ~ 205) 69 851 > 720 | ||
eratin Revenues 2~ Gross Operating Revenue 460,977,024 3n Contract Sales Credit (13>499, 572) 4 Net Operating Revenue 447>477>452 39>096>956 486 ~ 574>408 72,288,925 (2 > 437 ~ 205) 69 851 > 720 | |||
: 5. eratin Ex enses | : 5. eratin Ex enses | ||
: 6. Operation & Maintenance Expenses 325,476,516 7~ Contract Sales Credit (13,499,572) | : 6. Operation & Maintenance Expenses 325,476,516 7~ Contract Sales Credit (13,499,572) | ||
Line 1,174: | Line 1,144: | ||
Page 2 of 8 Exhibit G (Continued) | Page 2 of 8 Exhibit G (Continued) | ||
Summary of Adjustments December 31, 1974, Test Year Apportioned to FPC System South Carolina Acct. Total Retail 0 erations (2) (3) (4) | Summary of Adjustments December 31, 1974, Test Year Apportioned to FPC System South Carolina Acct. Total Retail 0 erations (2) (3) (4) | ||
Revenue Ad'ustments Adjust for annual effect of retail base rate increases '00 24,736,243 3,270,257 Adjust for annual effect of retail fuel clause 400 347,965 51,038 Adjust fuel clause revenue to reflect addition of Bruns-wick fJ2 400 (27, 034,598) (5 758,500) | Revenue Ad'ustments Adjust for annual effect of retail base rate increases '00 24,736,243 3,270,257 Adjust for annual effect of retail fuel clause 400 347,965 51,038 Adjust fuel clause revenue to reflect addition of Bruns-wick fJ2 400 (27, 034,598) (5 758,500) a Adjust for annual effect of requested resale rate increases 400 41,047,346 Total Revenue Ad'ustments 39,096,956 (2,437,205) | ||
a Adjust for annual effect of requested resale rate increases 400 41,047,346 Total Revenue Ad'ustments 39,096,956 (2,437,205) | |||
Page 3 of 8 Exhibit G (Continued) | Page 3 of 8 Exhibit G (Continued) | ||
Line 1,203: | Line 1,171: | ||
Page 6 of 8 Exhibit G (Continued) | Page 6 of 8 Exhibit G (Continued) | ||
Summary of Adjustments December 31, 1974, Test Year Apportioned to FPC System South Carolina Acct. Total Retail 0 erations (2) (3) (4) | Summary of Adjustments December 31, 1974, Test Year Apportioned to FPC System South Carolina Acct. Total Retail 0 erations (2) (3) (4) | ||
Provision for Deferred Income Taxes Ad ustments Adjust for taxes on change in fuel deferral account (12 578 463) (~1934 441 Total Provision for Deferred Income (12,578,463) (1,934,441) | Provision for Deferred Income Taxes Ad ustments Adjust for taxes on change in fuel deferral account (12 578 463) (~1934 441 Total Provision for Deferred Income (12,578,463) (1,934,441) | ||
Investment Tax Credit Ad ustments Adjust for 1974 net operating loss carryback 411 4 333 108 644 754 Total Investment Tax Credit Ad ustments 4,333,108 644,754 Total 0 eratin E ense Ad ustments 16,768,873 (1,254,823) | Investment Tax Credit Ad ustments Adjust for 1974 net operating loss carryback 411 4 333 108 644 754 Total Investment Tax Credit Ad ustments 4,333,108 644,754 Total 0 eratin E ense Ad ustments 16,768,873 (1,254,823) | ||
Line 1,215: | Line 1,182: | ||
Page 7 of 8 Exhibit G (Continued) | Page 7 of 8 Exhibit G (Continued) | ||
Summary of Adjustments December 31, 1974, Test Year Apportioned to FPC System South Carolina Acct. Total Retail 0 erations (2) (3) (4) | Summary of Adjustments December 31, 1974, Test Year Apportioned to FPC System South Carolina Acct. Total Retail 0 erations (2) (3) (4) | ||
Plant in Service Ad ustments Adjust for spare parts capital-ized twice 101 (372,509) (53, 481) | Plant in Service Ad ustments Adjust for spare parts capital-ized twice 101 (372,509) (53, 481) | ||
Adjust to include Brunswick | Adjust to include Brunswick | ||
Line 1,228: | Line 1,194: | ||
Page 8 of 8 Exhibit G (Continued) | Page 8 of 8 Exhibit G (Continued) | ||
Summary of Adjustments December 31, 1974, Test Year Apportioned to FPC System South Carolina Acct. To tal Retail 0 erations (2) (3) (4) | Summary of Adjustments December 31, 1974, Test Year Apportioned to FPC System South Carolina Acct. To tal Retail 0 erations (2) (3) (4) | ||
Construction Work in Pro ess Ad'ustments Adjust to include Brunswick 82 in plant in service 107 (383,750,000) (55,076,439) | Construction Work in Pro ess Ad'ustments Adjust to include Brunswick 82 in plant in service 107 (383,750,000) (55,076,439) | ||
Total Construction, Work in Pro ress Ad ustments (383,750,000) (55,076,439) . | Total Construction, Work in Pro ress Ad ustments (383,750,000) (55,076,439) . | ||
Total Rate Base Ad'ustments (51,137,043) (7,574,833) | Total Rate Base Ad'ustments (51,137,043) (7,574,833) | ||
Exl) fbi t II Carolina PoMcr & Light Company Effect of Proposed Increase - South .Carolina Retail Operations Year 1974 S. C. Retail Residential Increase Aftcr Line Present Increase Requested Total No. Rates Docket 18 361 Herein Increase (2) (3) (4) (5) | Exl) fbi t II Carolina PoMcr & Light Company Effect of Proposed Increase - South .Carolina Retail Operations Year 1974 S. C. Retail Residential Increase Aftcr Line Present Increase Requested Total No. Rates Docket 18 361 Herein Increase (2) (3) (4) (5) l. | ||
l. | |||
: 2. Net Operating Revenues 69,851,720 2,012,202 19,117,335 90,981,257 0 cratin Rcvcnue Deductions 4~ Net Operation & Haintenance 40,097,656 40,097,656 | : 2. Net Operating Revenues 69,851,720 2,012,202 19,117,335 90,981,257 0 cratin Rcvcnue Deductions 4~ Net Operation & Haintenance 40,097,656 40,097,656 | ||
: 5. Depreciation 8,777,687 8,777>687 | : 5. Depreciation 8,777,687 8,777>687 | ||
Line 1,268: | Line 1,231: | ||
Exhibit II (Continued) | Exhibit II (Continued) | ||
Carolina PoMer & Light Company S stem Total A ortioned to S, C. Retail Line Total With Total With No. Ori inal Cost Rate Base Total Ad ustments Ad ustments Total d~dustnents ~ed ustuente (2) (3) (4) (5) (6) (7) | Carolina PoMer & Light Company S stem Total A ortioned to S, C. Retail Line Total With Total With No. Ori inal Cost Rate Base Total Ad ustments Ad ustments Total d~dustnents ~ed ustuente (2) (3) (4) (5) (6) (7) | ||
Electric Plant in Service 1,364,183>273 383,377,491 1, 747,560> 764 205,010,660 55,022,958 260,033,618 2~ Accumulated Provision for Depreciation (256,635,464) (23,579,135) (280> 2 14 > 599) (38 832 52 7) | Electric Plant in Service 1,364,183>273 383,377,491 1, 747,560> 764 205,010,660 55,022,958 260,033,618 2~ Accumulated Provision for Depreciation (256,635,464) (23,579,135) (280> 2 14 > 599) (38 832 52 7) | ||
> > (3,406,610) (42,239,137) | > > (3,406,610) (42,239,137) | ||
Line 1,339: | Line 1,301: | ||
Investment Tax Credits. Investment Tax Credits generated and utilized after 1971 have been deferred and are being amortized over the service lives of the property; substantially all credits prior to 1972 were deferred for amortization over five>>year periods. At December 31, 1974, the Company had generated but not utilized investment tax credits totaling $ 9,800,000. | Investment Tax Credits. Investment Tax Credits generated and utilized after 1971 have been deferred and are being amortized over the service lives of the property; substantially all credits prior to 1972 were deferred for amortization over five>>year periods. At December 31, 1974, the Company had generated but not utilized investment tax credits totaling $ 9,800,000. | ||
Rate Increases. Operating revenues include $ 113,316,000 attributable to rate increases placed in effect during 1974, including $ 30,444,000 subject to further regulatory review and refund with interest, review so requires. | Rate Increases. Operating revenues include $ 113,316,000 attributable to rate increases placed in effect during 1974, including $ 30,444,000 subject to further regulatory review and refund with interest, review so requires. | ||
if such Ad ustments to Retained Earnin s. During 1974, the Company received a $ 4,159,988 refund of federal income taxes paid with respect to the years 1961 through 1968. The balance of retained earnings at December 31, 1973, has been adjusted by such amount. Received also in connection with | if such Ad ustments to Retained Earnin s. During 1974, the Company received a $ 4,159,988 refund of federal income taxes paid with respect to the years 1961 through 1968. The balance of retained earnings at December 31, 1973, has been adjusted by such amount. Received also in connection with the tax refund was $ 2,089,461 of refunded interest'and interest carrie applicable to years prior to 1974. Accordingly, such interest (net of income tax"of $ 1,002,941) has also been added to the December 31, 1973, balance. | ||
the tax refund was $ 2,089,461 of refunded interest'and interest carrie applicable to years prior to 1974. Accordingly, such interest (net of income tax"of $ 1,002,941) has also been added to the December 31, 1973, balance. | |||
Page 8 of- 12 Contributions in Aid of Construction. In accordance with orders from regulatory authorities, contributions in aid of construction have been transferred to the electric utility plant section of the balance sheet as of January 1, 1974. | Page 8 of- 12 Contributions in Aid of Construction. In accordance with orders from regulatory authorities, contributions in aid of construction have been transferred to the electric utility plant section of the balance sheet as of January 1, 1974. | ||
Line 1,360: | Line 1,320: | ||
$ 8.48 Series (outstanding, 650,000 shares) 64,317,500 Preferred Stock A, without par value, cumulative (authorized 5,000,000 shares): | $ 8.48 Series (outstanding, 650,000 shares) 64,317,500 Preferred Stock A, without par value, cumulative (authorized 5,000,000 shares): | ||
$ 7.45 Series (outstanding, 500,000 shares) 50 000 000 Total S288 118 400 Preference Stocks (authorized,',000,000 shares; 'none issued) | $ 7.45 Series (outstanding, 500,000 shares) 50 000 000 Total S288 118 400 Preference Stocks (authorized,',000,000 shares; 'none issued) | ||
Common Stock, without par value (authorized 60,000,000 shares; outstanding, 23,438,844 shares) 419 458 687 | Common Stock, without par value (authorized 60,000,000 shares; outstanding, 23,438,844 shares) 419 458 687 Page 9 of 12 The common stock account increased during the twelve months ended December 31, 1974, from the sale of 205,081 shares under the Company's Stock Purchase-Savings Program for Employees. At December 31, 1974, 965,460 shares of unissued common stock were reserved for issuance under the Program. | ||
Page 9 of 12 The common stock account increased during the twelve months ended December 31, 1974, from the sale of 205,081 shares under the Company's Stock Purchase-Savings Program for Employees. At December 31, 1974, 965,460 shares of unissued common stock were reserved for issuance under the Program. | |||
In January, 1975, the Company sold 4,000,000 shares of common stock in a public offering for proceeds of $ 56,000,000, before expenses of issuance. | In January, 1975, the Company sold 4,000,000 shares of common stock in a public offering for proceeds of $ 56,000,000, before expenses of issuance. | ||
The preferred stock account increased $ 64,317,500 from the public sale of 650,000 shares'. | The preferred stock account increased $ 64,317,500 from the public sale of 650,000 shares'. | ||
Line 1,369: | Line 1,327: | ||
: 3. LONG-TERM DEBT First Mortgage Bonds: | : 3. LONG-TERM DEBT First Mortgage Bonds: | ||
3 1/8% Series, due 1979 20,100,000 3 1/4% Series, due 1979 43,930,000 2 7/8% Series, due 1981 15,000,000, 3 1/2% Series, due 1982 20,000,000 4 1/8% Series, due 1988 20,000,000 4 7/8% Series, due 1990 25,000,000 4 1/2% Series, due 1991 25,000,000 4 1/2% Series, due 1994 30,000,000 5 1/8% Series, due 1996 30,000,000 6 3/8% Series, due 1997 40,000,000 6 7/8% Series, due 1998 40;000,000 8 3/4% Series, due 2000 40,000,000 8 3/4% Series, due 2000 50,000,000 7 3/8% Series,, due 2001 65,000,000 7 3/4% Series, due 2001 70,000,000 7 3/4% Series, due 2002 100,000,000 7 3/4% Series, due 2003 100,000,000 8 1/8% Series, due 2003 100,000,000 9 3/4% Series, due 2004 125,000,000 ll 1/8% Series, Total First due 2004 Mortgage Bonds 27 650 000 986,680,000 Six-year note payable to a bank, due July 31, 1978, at a fluctuating rate (11.700% at January 1, 1975) related to the bank's prime rate 50,000,000 Unamortized premium and discount - Net (2,819,036) | 3 1/8% Series, due 1979 20,100,000 3 1/4% Series, due 1979 43,930,000 2 7/8% Series, due 1981 15,000,000, 3 1/2% Series, due 1982 20,000,000 4 1/8% Series, due 1988 20,000,000 4 7/8% Series, due 1990 25,000,000 4 1/2% Series, due 1991 25,000,000 4 1/2% Series, due 1994 30,000,000 5 1/8% Series, due 1996 30,000,000 6 3/8% Series, due 1997 40,000,000 6 7/8% Series, due 1998 40;000,000 8 3/4% Series, due 2000 40,000,000 8 3/4% Series, due 2000 50,000,000 7 3/8% Series,, due 2001 65,000,000 7 3/4% Series, due 2001 70,000,000 7 3/4% Series, due 2002 100,000,000 7 3/4% Series, due 2003 100,000,000 8 1/8% Series, due 2003 100,000,000 9 3/4% Series, due 2004 125,000,000 ll 1/8% Series, Total First due 2004 Mortgage Bonds 27 650 000 986,680,000 Six-year note payable to a bank, due July 31, 1978, at a fluctuating rate (11.700% at January 1, 1975) related to the bank's prime rate 50,000,000 Unamortized premium and discount - Net (2,819,036) | ||
Miscellaneous promissory notes 234 309 Total Long-Term Debt $1 034 095 273 | Miscellaneous promissory notes 234 309 Total Long-Term Debt $1 034 095 273 Page 10 of 12 The bond indenture, as amended, contains requirements that additional property be certified or that specified amounts in cash and/or principal amount of bonds be delivered annually to the Trustee as an improvement fund. Current liabilities. do not include the current improvement fund requirements ($ 6,100,000 at December 31, 1974) since the Company meets such requirements by the certification of additional property. | ||
Page 10 of 12 The bond indenture, as amended, contains requirements that additional property be certified or that specified amounts in cash and/or principal amount of bonds be delivered annually to the Trustee as an improvement fund. Current liabilities. do not include the current improvement fund requirements ($ 6,100,000 at December 31, 1974) since the Company meets such requirements by the certification of additional property. | |||
COMMITMENTS AND CONTINGENCIES It is estimated the Company's construction program for 1975 through 1977, excluding nuclear fuel, will cost approximately $ 1,143 million. At December 31, 1974, firm commitments for construction aggregated approximately $ 400 million plus approximately $ 264 million for initial and replacement nuclear fuel. In addition, the Company has a contract with the Energy Research and Development Administration for nuclear fuel enrichment requirements through June 30, 2002, which is cancelable without penalty upon five years written notice. Payments for enrichment services are anticipated to approximate $ 79 million during the next five years. Many contracts include escalation provisions. | COMMITMENTS AND CONTINGENCIES It is estimated the Company's construction program for 1975 through 1977, excluding nuclear fuel, will cost approximately $ 1,143 million. At December 31, 1974, firm commitments for construction aggregated approximately $ 400 million plus approximately $ 264 million for initial and replacement nuclear fuel. In addition, the Company has a contract with the Energy Research and Development Administration for nuclear fuel enrichment requirements through June 30, 2002, which is cancelable without penalty upon five years written notice. Payments for enrichment services are anticipated to approximate $ 79 million during the next five years. Many contracts include escalation provisions. | ||
Electric utility plant at December 31, 1974, includes approximately | Electric utility plant at December 31, 1974, includes approximately | ||
Line 1,379: | Line 1,335: | ||
The Company has entered into an agreement with Pickands Mather & | The Company has entered into an agreement with Pickands Mather & | ||
Co. (PM), a firm engaged in owning, operating and managing mineral properties, to develop through a subsidiary a deep coal mine in Pike County, Kentucky. As of December 31, 1974, the Company had advanced | Co. (PM), a firm engaged in owning, operating and managing mineral properties, to develop through a subsidiary a deep coal mine in Pike County, Kentucky. As of December 31, 1974, the Company had advanced | ||
$ 1.7 million to the subsidiary. The subsidiary is owned 80%%u by the C mpany and 20/ by PM. The currently estimated maximum capital cost of the mine of $ 50 million will be financed by the subsidiary througu equipment lease arrangements and long-term borrowing. The Company and | $ 1.7 million to the subsidiary. The subsidiary is owned 80%%u by the C mpany and 20/ by PM. The currently estimated maximum capital cost of the mine of $ 50 million will be financed by the subsidiary througu equipment lease arrangements and long-term borrowing. The Company and Page 11 of 12 PM have entered into coal purchase contracts for 80% and 20%, | ||
Page 11 of 12 PM have entered into coal purchase contracts for 80% and 20%, | |||
respectively, of the subsidiary's production at prices sufficient to meet all of its costs. The Company has a contingent liability to lend funds to the subsidiary for development cost overruns and for operating cash requirements during any full calendar quarter during which no coal is delivered. | respectively, of the subsidiary's production at prices sufficient to meet all of its costs. The Company has a contingent liability to lend funds to the subsidiary for development cost overruns and for operating cash requirements during any full calendar quarter during which no coal is delivered. | ||
During 1974, the Company assigned its rights to eleven internal combustion turbine generator units and related equipment .for approxi-mately $ 44.4 million and sold certain nuclear material 'for approximately | During 1974, the Company assigned its rights to eleven internal combustion turbine generator units and related equipment .for approxi-mately $ 44.4 million and sold certain nuclear material 'for approximately | ||
Line 1,389: | Line 1,343: | ||
$ 30,444,000 which was billed during October, November and December of 1974 to retail customers in North Carolina under the provisions of a fossil fuel adjustment clause. Those billed amounts are subject to further regulatory review and refund with interest, if such review so requires. Deferred fossil fuel inventory costs at December 31, 1974, of $ 35,028,046 represent approximate amounts to be billed customers during the following two months. On February 3, 1975, the North Carolina Utilities Commission issued an interim order (to remain in effect until a final order is issued but in any event for not more than 60 days) requiring the Company to reduce by 25% the amount of fossil fuel clause charges on bills rendered on and after February 1, 1975, to the Company's North Carolina residential customers. Such order could result in approximately $ 1,119,000 of the December 31, 1974, deferred fossil fuel cost not being billed during the interim period. It is uncertain if the Company will be authorized to bill such reduced amounts in the future or if such reductions will become permanent. Approximately | $ 30,444,000 which was billed during October, November and December of 1974 to retail customers in North Carolina under the provisions of a fossil fuel adjustment clause. Those billed amounts are subject to further regulatory review and refund with interest, if such review so requires. Deferred fossil fuel inventory costs at December 31, 1974, of $ 35,028,046 represent approximate amounts to be billed customers during the following two months. On February 3, 1975, the North Carolina Utilities Commission issued an interim order (to remain in effect until a final order is issued but in any event for not more than 60 days) requiring the Company to reduce by 25% the amount of fossil fuel clause charges on bills rendered on and after February 1, 1975, to the Company's North Carolina residential customers. Such order could result in approximately $ 1,119,000 of the December 31, 1974, deferred fossil fuel cost not being billed during the interim period. It is uncertain if the Company will be authorized to bill such reduced amounts in the future or if such reductions will become permanent. Approximately | ||
$ 29,500,000 (including the 25% reduction of $ 1,119,000) of deferred costs are subject to further regulatory review and approval which may necessitate adjustments if such reviews so require. | $ 29,500,000 (including the 25% reduction of $ 1,119,000) of deferred costs are subject to further regulatory review and approval which may necessitate adjustments if such reviews so require. | ||
Page 12 of 12 | Page 12 of 12 | ||
: 5. PROPOSED ACCOUNTING RULES The Federal Power Commission has under consideration certain proposed revisions in its Uniform System of Accounts relating to the deferring or normalizing of interperiod income taxes. The revisions would bring the accounting for interperiod income tax allocations into conformity with generally accepted accounting principles for non-regulated businesses and would provide an accounting basis in the Uniform System of Accounts for the inclusion of such deferred taxes for rate-making purposes, except where a regulatory body having rate jurisdiction requires something less than full deferral, in which case, only the lesser amount would be recorded for accounting and rate-making purposes. The ultimate effect, if any, on the Company's earnings is not presently determinable pending definitive action on the proposals by the Federal Power Commission and any actions which may subsequently be taken by rate regulatory bodies. | : 5. PROPOSED ACCOUNTING RULES The Federal Power Commission has under consideration certain proposed revisions in its Uniform System of Accounts relating to the deferring or normalizing of interperiod income taxes. The revisions would bring the accounting for interperiod income tax allocations into conformity with generally accepted accounting principles for non-regulated businesses and would provide an accounting basis in the Uniform System of Accounts for the inclusion of such deferred taxes for rate-making purposes, except where a regulatory body having rate jurisdiction requires something less than full deferral, in which case, only the lesser amount would be recorded for accounting and rate-making purposes. The ultimate effect, if any, on the Company's earnings is not presently determinable pending definitive action on the proposals by the Federal Power Commission and any actions which may subsequently be taken by rate regulatory bodies. | ||
}} | }} |
Latest revision as of 19:01, 2 February 2020
ML18230A817 | |
Person / Time | |
---|---|
Site: | Harris ![]() |
Issue date: | 08/11/1975 |
From: | Shawn Smith Carolina Power & Light Co |
To: | Office of Nuclear Reactor Regulation, State of SC, Public Service Commission |
References | |
18387 | |
Download: ML18230A817 (145) | |
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STATE OF SOUTH CAROLINA BEFORE THE SOUTH CAROLINA PUBLIC SERVICE COMMISSION DOCKET NO, /+ ~ & 7 IN THE-MATTER OFl APPLICATION FOR GENERAL INCREASE IN RATES AND NOTICE OP PILING Carolina Power 6 Light Company ) CHANGE OF RATES
STATE OF SOUTH CAROLINA ) BEFORE THE SOUTH CAROLINA
)
COUNTY OF RICHLAND ) PUBLIC SERVICE COMMISSION In the Matter of APPLICATION FOR GENERAL INCREASE IN RATES AND NOTICE OF FILING CHANGE CAROLINA POWER 6 LIGHT COMPANY OF RATES DOCKET NO.
Carolina Power & Light Company ("CPGL" or "Company" ) respectfully applies to the Commission and represents as follows:
- 1. The Company is a public utility operating in the States of North Carolina and South Carolina, where it is engaged in the generation, transmission, distribution and sale of electricity to the public for compen-sation. Its general offices are at 336 Fayetteville Street, Raleigh, North Carolina.
- 2. On July 31, 1975 the Company filed application requesting that three residential rate schedules (R-2S, R-3S, and R-4P) be allowed to become effective on and after September 1, 1975. These new residential schedules would effect an increase of about 7 1/2/ on total charges for residential service in South Carolina and would remove the disparity now existing between the Company's rates for residential service within the states of North Carolina and South Carolina.
- 3. In the application filed July 31, 1975, the Company advised the Commission that the proposed rate increases sought therein would not F
provide the Company with a fair rate of return and that it would be necessary for the Company to file this additional application for a general increase in all of its rates and charges, including its rates and charges for residential service.
/
- 4. The Company's present rates, including those reflected in Schedules R-2S, R-3S and R-4P which were filed with the application of July 31, 1975, are un)ust and unreasonable in that they are too low and inadequate and do not provide a reasonable and fair rate of return. In accordance with the provisions of the Code of Laws of South Carolina (1962), CP&L files herewith revised rate schedules, copies of which are attached hereto as Exhibit B. Such schedules are designed to effect an overall increase of about 23% in total charges for retail service in South Carolina, including current charges for fuel. Including the increases proposed in the application filed July 31, 1975 this would be a total increase of approximately 26%. In addition, the schedu1es and other filings in Exhibit B provide further improvement in the Company's rate structure, including steps for the elimination of several schedules.
- 5. The Company was last granted general retail rate relief for its South Carolina operations by an order of this Commission dated January 15,'975, in Docket No. 17,134, in a proceeding that was based upon a test period consisting of the calendar year 1973. In that Order the Commission found that the fair rates of return which the Company should have the opportunity to earn were 8.86% on its rate base and 12.5% on its common equity investment.
- 6. The present rates of the Company do not provide it an oppor-tunity to earn the rates of return which the Commission found to be fair and reasonable. From the end of the test period on December 31, 1973, and from issuance of the Order on January 15, 1975, general inflation, escalating rates for senior capital, rising construction costs and increasing operating expenses have prevented the Company from earning the authorized rates of return.
On an actual basis, ad)usted only for annualizing the rates allowed in the Order of January 15, 1975, and for the revenues received under .the
Company's Fossil Fuel Adjustment Clause,,and without any ad)ustments for increased expenses or increased rate base since Decmber 31, 1973, the Company earned in 1974 from its retail operations in South Carolina a rate of return of only 7.729%, substantially less than the authorized 8.86%.
On its common equity investment it earned less than 10%, well below the approved 12.5%. Because of the continually increasing costs beyond its control the Company continues to earn well below the authorized rates of return.
- 7. In the order of January 15, 1975, the Commission gave effect to the then embedded cost of long-term debt of the Company of 7% and noted that in May, 1974, the Company had sold an additional $ 125 million of first mortgage bonds at a cost rate of approximately 9-3/4%.
Since that time,'he Company has had to sell additional long-term debt in the amount of $ 150 million. The $ 50 million issue sold in Decembex, 1974, and January, 1975, was at a cost rate to the Company of over 11-1/8%.
The $ 100 million issue sold in April, 1975, was at a cost rate in excess of ll-l/4%. Thus, at the time of the filing of this application, the average embedded cost of long-term mortgage bonds of the Company has risen to 7.725%.
The Commission also based the allowed rates of return on the fact that at the end of 1973 the embedded cost rate of the outstanding preferred stock of the Company was 7.18%.
The embedded cost rate of preferred and prefexence stock of the Company has similarly increased . A $ 65 million issue sold in 1974 at a cost rate of 8.58%, and a $ 50 million issue sold in 1975 at a cost rate of 11.21%, have resulted in the embedded cost rate of the preferred and preference stock of the Company rising to 8.06%.
Even without considering the rising cost of common equity, it is clear that the rate of return of 8.86% allowed by the Commission in the Order of January 15, 1975, in Docket No. 17,134 is no longer an adequate rate of return. Obviously, the inability of the Company to earn even the 8.86% rate of return means that its earnings are grossly inadequate.
- 8. The Company's system earnings per share of common stock for the 12 months ending May 31, 1975 was $ 2.35 as compared to $ 2.58 for the end of the test, period utilized in the last rate case, and the actual rate of return on common equity was 10.11%, as compared to 11.45% for the 1973 test period.
- 9. The Company's earnings coverage of fixed charges declined to below two times coverage for the 12 months ended October 31, 1974, has continued below two times, and cannot return to an adequate level unless the Company is granted rate relief.
- 10. As a result of the Company's low earnings coverage of preferred dividends and interest charges, it is prohibited. by its Charter from issuing additional preferred stock, and in March of this year the Company was forced to issue "Preference Stock" in lieu of preferred stock.
This was the first time in the Company's history that it had been forced to resort to the issuance of a fixed dividend stock of lesser quality than preferred stock and the annual cost of servicing the preference stock issue is 11.2%.
ll. During the test year of 1974, the pxice of the Company's common stock declined -to $ 10.50 per share, which is less than half of its book value. A1though there has been an improvement in the price of the Company's common stock, in accordance with the general stock market advance,
the Company's common stock continues to sell at substantially less than its book value.
- 12. The Company's last two sales of common stock (a total of 7,000,000 shares, comprising about 25% of the common stock now outstanding),
were at prices averaging about 23% below the stock's actual book value, thereby resulting in a dilution of the value of stock owned by investors at the time of the sales.
- 13. In February of this year, as a result of the Company's low earnings coverage of fixed charges and its generally unfavorable financial condition, Moody's Investors Service, Inc., one of the two major agencies which rate securities, lowered the rating of CP&L bonds from A to Baa.
At no other time in the Company's history have its securities carried a rating of less than investment grade or been viewed by a rating agency as "speculative." The adverse consequences of this action are well known and can be expected to continue, or even worsen, unless CP&L's earnings can be improved to the point where it can regain its A Bond rating. The impact of the downrating is reflected in the Company's recent inability to market bonds to mature in 30 years on any reasonable basis, in the unprecedentedly high cost which it is having to pay for its recent issue of $ 100 million of nine-year bonds, the cost of the issue of preference stock and the continuing higher costs which the Company is forced to pay for short-term financing.
- 14. In an effort to protect the earnings of the Company, and thereby maintain the Company's financial integrity, the Company's management has taken drastic steps including the curtailment of employment of new .personnel, the reduction in employees'alaries for a period of several months, the elimination of certain planned maintenance of facilities and the postponement of other planned maintenance, and the curtailment of other operating expenses.
- 15. Notwithstanding management's efforts to improve the Company's earnings, the ravages of inflation, the increasing costs oflong-term capital, continued expenditures for environmental requirements, attrition, the inadequacy of the rate relief sought in the previous proceeding, and the lag between the Company's application and the granting of relief have combined to suppress the Company's earnings below an adequate level.
- 16. As a result of the Company's unfavorable earnings experience, the Company is unable to attract capital on anything approaching reasonable terms in sufficient quantities to permit the construction of facilities sufficient to provide a reserve capacity of 18%, which capacity has previously been considered adequate by the Company. The Company's inability to attract adequate capital has required it to reduce the level of planned reserves from 18% to 12%. Its presently planned construction program will not provide 12% reserves in .the late 1970's and early 1980's unless the compounded growth rate of electrical energy demand in CP&L's service area increases at no more than 5.7% annually during the next 10,years. During the past 10 years the demand increased at a compound"rate of 10.4% and according to the Company's present load growth forecast demand is expected to increase by 7.7% during the next 10 years.
17 . It is obvious that unless the future growth in demand for electric energy is substantially below the Company's present projections, the capacity now planned for construction by the Company will be inadequate to meet the future demands of CPGL's customers without curtailment in energy usage during peak demand periods. Even this "bare bones" construction program cannot be continued without further reductions unless the Company receives timely and adequate rate relief sufficient to enable the Company to raise its capital requirements.
- 18. As a result of its financial condition, the Company has been forced to delay and postpone certain essential maintenance work on distribution and power plant facilities. This work cannot continue to be delayed without an appreciable effect upon the Company's ability to provide xeasonably reliable service.
- 19. Under its present electric xates the Company cannot earn a fair and reasonable rate of return, nor can it adequately maintain its facilities or carry on its construction program. If the Company is to continue to meet its obligations to its customers, it must continue to raise substantial amounts of capital through external financing in the competitive money markets in competition with other utQ.ities, other industries and governmental borrowings. CPGL ant'icipates selling in the fall of this year an additional $ 60 ad.llion in common stock, to be 1
followed by $ 75 million in bonds during the first half of 1976. These securities cannot be marketed on any satisfactory terms, unless the Company achieves earnings sufficient to improve its fixed chaxges coverage and the Company cannot meet its capital requirements over the next several years on reasonable terms unless it is able to reach and sustain a coverage level of at least 2 1/2 times.
- 20. The rates proposed herewith are designed to permit the Company to obtain sufficient revenues to resume its essential maintenance pxogram and to earn a rate of return which is just and reasonable. It is anticipated that the proposed rates would produce revenues sufficient to permit the Company's earnings coverage of fixed charges to return to a level of 2 1/2 times. Unless the Company's fixed charge coverage can be increased to the range of 2 1/2 times, or more, it will be difficult, if not impossible, for the Company to regain its A secuxities xatings from Moody's Investors Service,
- 21. CP6L hereby notifies the Commission that the revised rate schedules filed herewith as Exhibit B are intended to go into effect on service rendered on and after September 15, 1975. Identical rate schedules have been filed with the North Carolina Utilities Commission.
- 22. Attached hereto and incorporated by reference are the Exhibits A through I, inclusive, based upon a test period ended December 31, 1974, as listed below:
A. Present Charges'.
Proposed Charges.
C. Original Cost.
D. Depreciation.
E. Materials and Supplies.
F. Cash Working Capital.
G. Operating Experience.
H. Effect of Proposed Increase.
I. Balance Sheet and Income Statement.
- 23. The Company will file in the near future an application for a new Fuel Adjustment Clause which will include as base fuel costs, the fuel costs reflected in the exhibits attached hereto.
REQUEST FOR INTERIM RATE RELIEF Pursuant to the Code of Laws of South Carolina, the Company respectfully requests that the Commission not suspend and permit the placing in effect, subject to refund, of interim rate increases to increase charges for retail service in this jurisdiction by about 12%. The proposed interim surcharge rate rider is shown on Attachment No. 1, Interim Retail Service Rider No. 35. While the language of Rider No. 35 provides for a 16.29%
increase on base rate charges, such figure translates into about a 12% increase in total charges to customers, since the rider is not applicable to the fuel clause schedule.
The Company fully recognizes that this Commission is confronted by a very heavy workload and thus that a significant time lapse between
the filing of a major rate case and its ultimate determination on the merits is inevitable. However, this regulatory lag necessarily results in an increasing attrition in the Company's rate of return on its equity caused by the combination of operating expenses increasing more rapidly than operating revenues, higher capi.tal costs, and. higher construction costs per unit of production than presently installed costs. This attrition is increasingly damaging to the Company's ability to attract capital on reasonable terms. Interim rate xelief is a method available, and necessary to the Company, in order to reduce the adverse effects of regulatory lag.
The Company believes that a larger interim increase would be justified because a larger interim increase would be necessary in order for the Company to quickly attain an adequate rate of return or even that authorized in the prior proceeding. CP&L respectfully submits that the requested interim rates are absolutely essential to seek to maintain the Company's financial integrity and to assure the Company's continued ability to finance and to provide adequate and reliable service to its customers.
Therefore, it is respectfully requested that if the rate schedules filed herein to provide the permanent increase are suspended and not allowed to take effect as of September 15, that the Commission not suspend the lesser interim rates provided by Interim Retail Service Rider No . 35, to become effective September 15, 1975. A similar request has been made and the equivalent rider filed with the North Carolina Utilities Commission.
An undertaking for refund, Attachment No. 2, will protect the Company's customers but without interim relief CP&L cannot be protected and a "gross unfairness" will result.
In any event, notwithstanding action by the Commission, the Company reserves its rights to place into effect all or any part of the rate schedules filed herein, pursuant to an undertaking for refund, in accordance with Section 24-38 of the South Carolina Code of Laws.
WHEREFORE, Carolina Power & Light Company prays as fo'llows:
(1) That the rate schedules filed herewith be allowed to become effective without suspension on service rendered on and after September 15, 1975. In the event, however, that th'e Commission suspends the effectiveness of the schedules and orders a heaxing thereon, CP&L prays that an early hearing date be established at which it may present evidence in support of the lawfulness, reasonableness and justness of its proposed rates.
(2) That, in the event the schedules descxibed above axe not allowed to become effective on service on and after September 15, 1975, the Commission allow Interim Retail Service Rider No. 35 to become effective on September'5, 1975, by not suspending the same, upon the condition that CP&L undertake to refund to its customers affected thereby the amount (with interest), if any, collected under such rider in excess of the amount which would have been collected under rates and charges finally determined to be fair and reasonable. Such undertaking for refund is attached hereto as Attachment No. 2. In the event that the Commi'ssion does not exercise its discretion to follow such procedure and allow the requested interim increase to become effective, then CP&L reserves its rights to place into effect all or any part of the rate schedules filed herewith, including Rider No. 35, pursuant to an undertaking 10
for refund, in accordance with Section 24-38 of the South Carolina Code of Laws.
Respectfully submitted this 11th day of August, 1975.
CAROLINA POWER & LIGHT COMPANY By
/'herwood H. S th, Jr.
Executive Vice President Carolina Power & Light Company Post Office Box 1551 ,
Raleigh, North Carolina 27602 William E. Graham, Jr.
Vice President & General Counsel Carolina Power & Light Company Post Office Box 1551 Raleigh, North Carolina 27602 Attorney for Applicant
STATE OF NORTH CAROLINA )
) VERIFICATION COUNTY OF WAKE )
Personally appeared before me, Sherwood H. Smith, Jr., who being duly sworn states: that he is Executive Vice President of applicant,
'Carolina Power & Light Company; that he has read the application herein and that the matters set forth are true and correct to his own knowledge or are based upon information which he believes to be true and correct; that as Executive Vice President of the applicant he is authorised to verify pleadings in its behalf.
Sherwood E.'mit , Jr.
Sworn to and subscribed before me this 11th day of August, 1975.
V~~ p'. g ~.Ca+
Notary P lic for North Carolina
>1y commission expires July 4, 1980 (Notarial Seal)
Attachment No. 1 Carolina Power 6 Light Company INTERIM RETAIL SERVICE RIDER NO. 35 APPLICABILITY This Rider is applicable to and becomes a part of all of Company's rate schedules and riders, including those schedules filed July 31, 1975, which provide for the supply of electricity to retail customers.
This Rider is not applicable to Riders No. 19A, No. 7C, No. 15B or No. 32B.
MONTHLY BILLING The monthly billing shall be the amount computed under the applicable rate schedules and riders plus 16.29%; however, the increased charges for customers served under area lighting, street lighting or traffic signal schedules shall be no greater than the amount computed under the proposed applicable schedules filed on August 11, 1975.
TERMINATION This Rider shall terminate upon the earlier of (1) the final termination of the proceedings for the permanent retail rate increase requested by Company or (2) when the rate schedules and riders filed on August ll, 1975, become effective.
BILLING EFFECT It is expected that this Rider will produce an increase of approximately 12% on the total customer charges (base rates and fuel ad)ustment).
Effective for service rendered on and after September 15, 1975; ~rovided, however, that upon final termination of the proceedings for permanent retail rate increase, all or any amount of revenues under this Rider which may have been finally determined to exceed just and reasonable charges shall be refunded with interest in the manner prescribed by the Commission.
SCPSC Docket No. Order No.
Attachment No. 2 STATE OF SOUTH CAROLINA ) BEFORE THE SOUTH CAROLINA
)
COUNTY OF RICHLAND ) PUBLIC SERVICE COMMISSION In the Matter of , UNDERTAKING OF CAROLINA POWER & LIGHT COMPANY CAROLIN'A POWER & LIGHT COMPANY DOCKET NO.
Carolina Power & Light Company hereby undertakes, promises and agrees that it will refund to the persons entitled thereto the amounts (with interest thereon at the rate of 9% per annum), if any, by which payments made to it for electric service pursuant to Interim Retail Service Rider No. 35, exceed the amounts which would have .been paid under such rates as are finally determined to be )ust and reasonable.
Carolina Power & Light Company far itself, its successors and assigns, hereby declares itself financially able to do so, and to be held and firmly bound unto the South Carolina Public Service Commission and to its customers for the performance of the aforesaid undertaking and agreement and for the payment of refunds as described herein to the customers who may be entitled thereto.
IN WITNESS WHEREOF, Carolina Power & Light Company has caused this instrument to be executed by its Executive Vice President, attested by its Secretary and its corporate seal to be affixed hereto, the 11th day of August, 1975.
CAROLINA POWER & LIGHT COMPANY Executive Vic President ATTEST:
Secretary
Exhibit A Carolina Power & Light Company Present Charges The rates, fares, tolls or other charges presently in effect which the applicant seeks to increase by this filing are the rates contained in the schedules and documents immediately following, a list of which is as follows:
Schedule or Document Name Desi ation Residential Service Schedule R-2S*
Residential Service Schedule R-3S*
Residential Service Schedule R-4P*
Small General Service Schedule G-1N Seasonal or Intermittent Service Rider No. 5F General Service Schedule G-2K Educational Institution Service Rider No. 27 Large General Service Schedule G-3B Military Service Rider No. 28 Guaranteed Load Factor Service Schedule GLF-3F Rural Farm Service Schedule RF-1H Church and School Service Schedule CS-1A School Cafeteria Rider No. 14H Church and School Service Schedule CS-2A Apartment House Service Schedule AH-1G House Construction Service Schedule HC-1E Shopping Center Service Schedule SC-1H Sports Field Lighting Schedule SFL-1J Small Municipal Pumping Service Schedule MP-1G Large Municipal Pumping Service Schedule MP-2G Traffic Signal Service Schedule TS-1B Area Lighting Service Schedule AL-1C Pole Type Street Lighting Service Schedule SL-1J Underground Street Lighting Service Schedule SL-2E Underground Street Lighting Service Schedule SL-3E Street Lighting Service Schedule SL-4A Service Regulations, Page 3 Rev. 1/15/75
- These schedules were filed on July 31, 1975, to become effective on September
- 1) 1975,
Carolina Power & Light Company (South Carolina Only)
RESIDENTIAL SERVICE SCHEDULE R 2S (All Electric}
AVAILABILITY This Schedule is available when electric service is used for domestic purposes in and about a resi-dential dwelling unit, including incidental electric service used on a farm, when permanently installed electric space hosting equipment is the only type of space beating equipment installed for beating the entire dwelling unit'nd when electric service is used for all other domestic purposes, including nn approved water heater. A residential house served under this Schedule may be used as a boarding house, fraternity house, tourist home, or like establishment, provided such residential, house is one which ordinarily would be used as a private residence.
This Schedule is also available to separately metered individual. apartments when the electric space heating is provided through the individual apartment meter. Electric service must be used for water heating and any cooling but may be provided through the individual apartment meter or through another meter.
Service under this Schedule is not available for separately metered farm operations, for frrm service other than incidental, for commercial or industrial purposes, or for other uses not specifically provided for by the provisions herein, or for breakdown, standby, supplementary, or resale service.
INCIDENTAL FARM SERVICE Incidental farm service is that service used for the lighting of smell farm buildings and the operation of miscellaneous motors of one horsepower or less not used in the production of farm products.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter.
TYPE OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, either single phase 3 wires, or three phase 4 wires, at Company's standard voltages of 240 volts or less.
MONTHLY RATE Single Phase Service 4.99c per kwh for the first 50 kwh 3.71C per kwh for the next 100 kwh 2.43c per kwh for the next 50 kwh 1.79c per kwh for the next 50 kwb 1.28C pcr kwh for the next 50 kwh 2.10c por kwh for the next 500 l.75c per kwh for the next kwh'l700 kwh I,ABC per kwh for the add(t tnnnl kwh
<<Minimum Bill: $ 2.00 in all areas Throe Phase Service The bill computed for single phase service plus $ 1.90 Multiple Dwelling Units When more than one residential housekeeping unit is served through the same meter, the $ 2.00 minimum and the kilowatt-hours in each of the energy blocks will be multiplied by the number of individual dwelling units served.
APPROVED WATER HEATER An approved water heater is an insulated standard storage type water heater of not less than 15 gallons rated capacity equipped with either one self-contained heating element or two self-contained n<n-simultaneous operating heating elements. The wattage rating of each element shall not exceed 5500 watts.
FOSSIL FUEL ADJUSTMENT Tho Fossil Fuel Ad)ustment Clause applicable to retail service will apply to all service supplied
. under this Schedule.
PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bf ll. IE any bill is not so paid, Company has tho right to suspend service in accordance with its Service Regulations.
CONTRACT PERlOD The Contract Period shall not be lese than one year.
GENERAL Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule R-2H Effective for service rendered on and after September 1, 1975 SCPSC Docket No, Order N .
Carolina Power & Light Company (South Carolina Only)
RESIDENTIAL SERVICE SCHEDULE R-3S (Water Heating)
AVAILABILITY This Schedule is available when electric service is used for domestic purposes in and abouc a resi-dential dwelling unit in which a Company approved electric water heater is installed and used for water heating purposes, including electric service used on a farm and in the preparation of the farm's products for market. A residential house served under this Schedule may be used as a boarding house, fraternity house, tourist home, or like establishment, provided such residential house is one which ordinarily would be used as a private residence.
Service under this Schedule is not available for processing (or handling) for market of farm products produced by others, for separately metered farm operations, for individual motors in excess of 10 HP (except ns provided below), for highly seasonal heating load in excess of 10 KW connected, for an "All Electric" residential dwelling unit, for commercial or induscrial purposes, or for other uses not specifically pro-vided for by the provisions herein, or for breakdown, standby, supplementary, or resale service.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowact-hour meter.
TYPES OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, either single phase 3 vires> or three phase 4 wires, at Company's standard voltages of 240 volts or lees.
MONTHLY RATE Single Phase Service 4.99c per kwh for the first 50 kwh 3,71c per kwh for the next 100 kwh 2.43c per kwh for the next 50 kwh 1.79c per kwh for the next 50 kwh 1.28c per kwh for the next 50 kwh 2.10c per kwh for the next 500 kwh 2.40c per kwh for the additional kwh Minimum Bill: $ 2.00 in all areas Three Phase Service The bill computed for single phase service plus $ 1.90 Multiple Dwelling Units When more than one residential housekeeping unit is served through the same meter, the $ 2.00 minimum and the kilowatt-hours in each of the energy blocks will be multiplied by the number of individual dwelling units served.
APPROVED MATER HEATER An approved water heater is an insulated standard storage type water heater of not less than 15 gallons raced capacity equipped with either one self-contained heacing element or two self-contained non-simultaneous operating heating elements. The wattage rating of each element shall not exceed 5500 watts.
INDIVIDUALMOTORS Service to individual motors raced for more than 10 HP will not normally be permitted under this Schedule. However, in exceptional cases, motors as'arge as 15 HP may be served upon approval by the Engineering Departmenc.
FOSS'IL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to retail service vill apply to all service supplied under this Schedule.
PAYMENTS Dills nro duc when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD P
The Contract Period shall not be less than one year.
GENEEEL Service rendered under this Schedule is sub)act to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule R-3M Effective for service rendered on and after September 1, 1975 SCPSC Docket No. Order No.
Carolina Power 6 Light Company (South Carolina Only)
RESIDENTIAL SERVICE SCHEDULE R-4P (General)
AVAILABILITY
.his Schedule is available when electric service is used for domescic purposes in and about a resi-dential dwelling unit, including electric service used on a farm and in the preparation of the farm's products for market. A residential house served under this Schedule may be used as a boarding house, fraternity house, tourist home, or like establishment, provided such residential house is one which ordinarily would be used as a private residence.
Service under this Schedule is not available for processing (or handling) for market of farm products produced by others, for separately metered farm operations, for individual motors in excess of 10 HP (except as provided below), for highly seasonal heating load in excess of 10 KW connected, for an "All Electric" residential dwelling unit, for commercial or industrial purposes, or for other uses not specifically pro-vided for by the provisions herein, or for breakdown, standby, supplementary, or resale service.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter.
TYPES OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, either single phase 2 or 3 ~iree, or three phase 4 wires, at Company's standard voltages of 240 volts or less.
MONTHLY RATE Single Phase Service 4.99c per kwh foz the first 50 kwh 3.71C per kwh for the next 100 kwh 2.43c per kwh for the next 100 kwh 1.92c per kwh for the next 50 kwh 2.65c per kwh for the next 400 kwh 2.40c per kwh for the additional kwh Minimum Bill: $ 2.00 in all areas Three Phase Service The bill computed for single phase service plus $ 1.90 Multiple Dwelling Units
.When more than one residential housekeeping unit is served through the same meter, the $ 2.00 minimum and the kilowatt-hours in each of the energy blocks will be multiplied by the number of individual dwelling units served.
INDIVIDUALMOTORS Service to individual motors raced for'more than 10 HP will not normally be permitted under this Schedule. However, in exceptional cases, motors as large as 15 HP may be served upon approval by the Engineering Department.
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to zetail service will apply to all service supplied under~ this Schedule.
PAYHEIITS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less than one year.
e GENERAli Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule R-4K Effective for service rendered on and after September 1, 1975 SCPSC Docket No. Order No.
Carolina Power & Light Company 10 SMALL GENERAL SERVICE SCHEDULE G-18 AVAIIABILITY This Schedule is available for electric service (1) used by a commercial or industrial business and (2) for any other use not specifically excluded by the provisions hereof when Company does not own equip-ment, other than meters and metering equipment, on Customer's side of the point of delivery.
This Schedule is not available (1) for breakdown, standby, or supplementary service unless used in conjunction with the applicable Standby and Supplementary Service Rider for a continuous period of not less than one year, (2) for resale service, or (3) for service used only for domestic purposes in and about an individual dwelling unit.
4 APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter.
TYPE OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, single phase 2 or 3 wires, or three phase 3 or 4 wires, at Compare's standard voltages. When Customer desires two or more types of service, which types can be supplied from a single phase 3 wire type or a three phase 4 wire type, without voltage transformation, only the one of these two types necessary for Customer's re-quirements will be supplied.
COÃ1'RACT DEMAND The Contract Demand shall be the maximum kw of demand from time to time determined hereunder, sub)ect to Company's Service Regulations, but shaU. not be less than the kw of demand specified in the Service Agreement.
MONTHLY RATE
$ 3.00 for first 50 kwh or less 5.0g per kwh for the next 100 kwh 4.04 per kwh for the next 350 kwh+
2.1< per kwh for the next 500 kwh 1.4$ per kwh for the next 3000 kwh 1.1< per kwh for the additional kwh Alhen the kw of Billing Demand exceeds 5 kw, add 100 kwh for each of the first 5 kw of such excess and 80 kwh for each additional kw of such excess.
Minimum: In all areas $ 3.00 plus $ 2.15 for each kw of Billing Demand in excess of 5 kw, but, for three phase service, not less than the smaller of (1) the bill computed in accordance with the preceding provisions plus $ 1,30 or (2) $ 9.60.
BILLING DEMAND
'ihe Billing Demand shall be the maximum kw registered during the current month by a demand meter suit-able for measuring the demands used during a 15-minute interval, but shall not be less than 5(75 of the Contract Demand. When electric space heatirg equipment is permanently installed in a building(s) and is used to supply customer's entire space heating requirements and when electric service is used for all water heating, cooking, cooling and any other requirement that can feasibly be done electrically, the figure "30@
shall be substituted for the figure "50$ " in the foregoing sentence. During periods of initial, reduced, or suspended operations or when the 5(g provision is applicable, the Seasonal or Intermittent Service Rider is available to become a pert of the Service Agreement.
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to retail service wiLl apply to all service supplied under this Schedule.
PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be lees than one year; except for short term or temporary service, the Contract Period may be for the period requested by Customer and in such event Customer agrees'1)
That the service supplied shall be for a continuous period until discontinued, and (2) That where it is necessary for Company to extend lines, erect transformers, or do any work necessary to supply service, except the installation of a self-contained meter, Customer shall pay in advance the estimated cost of such work, including the instaHation of the
-metering equipment; and that the estimated cost shall include labor, materials, trans-portation and supervision of furnishing, installing and removing, less salvage value of such facilities.
Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule 0-1L Effective for bi33.s rendered on and after January 15, 1975 SCPSC Docket No. 17,134, Order No. 18,100 Carolina Power Cc Light Company SEASONAL OR INTERMITTENT SERVICE RIDER NO. SF AVAILABILITY This Rider is available in con)unction with the Small General Service Schedule for a Customer whose electric service requirements are all taken from Company and which are limited to certain months of each year or vary greatly from month to month.
9d.s Rider is also available to a Customer who is using less than one-half of his Contract Demand during (1) his initial period of operation or (2) a period of reduced or suspended operations for at least three consecutive billing months.
This Rider is not available (1) when the 3'rovision of the Billing Demand portion of the Small General Service Schedule is applicable except durirg periods of initial, reduced, or suspended operations, or (2) for short tenn, temporary, breakdown, standby or supplementary service.
The provisions of the Small General Service Schedule are modified only as shown herein.
BILIZNG
- 1. The monthly bill shall be an amount computed under the Scull General Service Schedule for the Billing Demand established and the kilowatt-hours used durirg the current month. In months when service is not used the minimum monthly bill wiU. not be applicable.
- 2. To the monthly bill for each of three consecutive months in each contract year will be added a facility charge of GI.EO for each kw of Contract Demand which is effective for the first month of the three consecutive months. For each contract year, this facility charge will begin with the first bi11ing month in which service is used, and when no service has been used during the contract year to date, it will begin with the tenth biDing month of the contract year.
- 3. From the monthly bill wi11 be deducted a credit of 40$ for each kw of Billing Demand for the current month, but not more than one-fourth of the month3y facility charge billed for each of the three consecutive months in the current contract year.
- 4. During initial, reduced, or suspended operations the charge set forth in (2) will be applied, on a monthly basis, to the kw difference between the Contract Demand and the Billing Demand and the credit set forth in (3) will rot be applicable.
BILLING DEMAND The Billing Demand shall be the maximum kw registe.ed during the current month by a demnd meter suitable for measurirg the demand used during a 15-minute interval, sub5ect to the following provisions.
When the monthly consumption falls below 50 kwh per kw of metered demand, the Billing Demand will be estimated to be-one kw for each 50 kwh used provided the demand requirements during the non-operating season drop below 5(g of the Contract Demand.
- 2. Whenever Customer is using service, the Billing Demand shaU. not be less than 5g of the kw of Contract Demand.
BR(OVAL OF FACIIZTIES If Customer is not using service or is only partiaUy using service, Company may, after notice to Customer, remove any of its transformers and other equipment (other than structures and conductors), or may substitute other equipment for that which is being only partially used by Customer. In either event, Company will furnish and install, at its own expense, the same or equivalent equipment, or any needed substitute equipment, at the tine Customer notifies Company of his desire to resume taking service.
CONTRACT PERIOD The Contract Period shall not be less than one year, except for initial, reduced, or suspended operations.
Supersedes Rider No. 5E Effective: North Carolina - For bills rendered on and after March 3, 1975 South Carolina - For bills rendered on and after January 15, 1975 NCUC Docket No. E-2, Sub 229 SCPSC Docket No. 17,134, Order No. 18,100
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Carolina Power 6 Light Company 12 GENERAL SERVICE SCHEDULE G-2K AVAILABILITY This Schedule is available for electric service (1) used by a commercial or industrial business and (2) for any other use not specifically excluded by the provisions hereof when Company does not own equip-ment, other than meters and metering equipment, on Customer's side of the point of delivery and when Customer contracts for not less than 50 kw.
This Schedule is not available (1) for breakdown standby, or supplementary service unless used in con)unction with the applicable Standby and Supplementary Service Rider for a continuous period of not less than one year, '(2) for resale service, or (3) for short term or temporary service.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowattt-hour meter.
TYPE OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, single phase 3 wires, or three phase 3 or 4 wires, at Company's standard voltages. When Customer desires two or more types of service, which types can be supplied from a single phase 3 wire type or a three phase 4 wire type, without voltage transformation, only the one of these two types necessary for Customer's requirements will be supplied.
CONTRACT DEMAND The Contract Demand shall be the maximum kw of demand from time to time determined hereunder, subject to Company's Service Regulations, but shall not be less than the kw of demand specified in the Service Agreement.
MONTHLY RATE
$ 120.00 for the first 50 kw of Billing Demand
$ 2.15 per kw for all additional kw of Billing Demand 1.10c per kwh for the first 50,000 kwh 1.02c per kwh for the next 400,000 kwh 0.90c per kwh for all additional kwh BILLING DEMAND The Billing Demand shall be the maximum kw registered during the current month by a demand meter suitable for measuring the demands used during a 15-minute interval, but shall not be less than 50X of the first 10,000 kw of Contract Demand, plus 85X of any additional Contract Demand and in no event less than 50 kw. When electric space heating equipment is permanently installed in a building(s) and is used to supply Customer's entire space heating requirement and when electric service is used for all water heating, cooking, cooling, and any other requirement that can feasibly be done electrically, the figure "30X" shall be substituted for the figure "50X" in the foregoing sentence.
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad/ustment Clause applicable to retail service will apply to all service supplied under this Schedule.
PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations, CONTRACT PERIOD The Contract Period shell not be less than one year.
GENERAL Service rendered under this Schedule is subject to the provisions of the Service Regulations oi the Company on file vith the state, regulatory commission.
Supersedes Schedule G-,28 Effective for bills rendered on, and after January 15, 1975 SCPSC Docket No. 17,134, Order No. 18,100
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Carolina Power & Light Company 14 EDUCATIONAL INSTITUTION SERVICE RIDER NO. 27 AVAILABILITY This, Rider is available in conjunction with the General Service Schedule for electric service used by either (1) an educational institution above the high school level, or (2) an educational institution containing boarding facilities, or (3) a technical educational institution, when electric space heating equipment is permanently installed and is used to supply Customer' entire space heating requirements in one or more major buildings, each con-taining not less than 50 kw of space heating equipment and when electric service is used within such building(s) for any other requirement that can be done electrically.
BILLING DEMAND The Billing Demand shall be the maximum kw registered during the current month by a demand meter suitable for measuring the demands used during a 15-minute interval, but shall not be less than 30% of the first 10,000 kw of Contract Demand, plus 85% of any additional Contract Demand and in no event less than 50 kw.
Effective: North Carolina For bills rendered on and after March 3, 1975 South Carolina For bills rendered on and after January 15, 1975 NCUC Docket No. E-2, Sub 229 SCPSC Docket No. 17,134, Order No. 18,100
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Carolina Power 6 Light Company 15 LARGE GENERAL SERVICE SCHEDULE G-3B AVAILABILITY This Schedule is available for electric service (1) used by a commercial or industrial business and (2) for any other use not specifically excluded by the provisions hereof when Company does not own equip-ment, oth'er than meters and metering equipment, on Customer's side of the point of delivery and when Customer contracts for not less than 1000 kw.
This Schedule is not available (1) for breakdown, standby, or supplementary service unless used in conjunction with the applicable Standby and Supplementary Service Rider for a continuous period of not less than one year, (2) for resale service, or (3) for short term or temporary service.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt<<hour meter.
TYPE OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, three phase 3 or 4 wires, at Company's standard voltages of 480 volts or higher, When Customer desires two or more types of service, which types can be supplied from a three phase 4 wire type, without voltage trans-formation, only the one of these two types necessary for Customer's requirements will be supplied.
COaiACT DEMAND The Contract Demand shall be the maximum kw of demand from time to time determined hereunder, subject to Company's Service Regulations, but shall not be less than the kw of demand specified in the Service Agreement.
MONTHLY RATE
$ 2,750.00 for the first 1000 kw of Billing Demand
$ 2,70 per kw for all additional kw of Billing Demand 0.90C per lath for rhe first 300,000 kwh 0.72c per kwh for all additional kwh BILLING DEMAND The Billing Demand shall be the maximum kw registered during the current month by a demand meter suitable for measuring the demands used during a 15-minute interval, but shall not be less than 60X of the first 10,000 kw of Contract Demand, plus 85Z of any additional Contract Demand and in no event less than, 1000 kw.
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Adjustment Clause applicable to retail service will apply to all service supplied under this Schedule.
POWER FACTOR ADJUSTMENT When the power factor in the current billing month is less then 85Z, the monthly bill will be increased by a sum equal to $ 0.25 multiplied by the difference between the maximum reactive kilovolt-amperes (kvar) registered by a demand meter suitable for measuring the demands used during a 15-minute interval and 62X of the maximum kw demand registered in the current billing month.
PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bill.. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less'han one year.
Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Coapany on file with the state regulatory cocuaission.
Supersedes Schedule C-3 Effective for bills rendered on and. after January 15, 1975 SCPSC Docket No. 17,134, Order No. 18;100
Carolina Power 6 Light Company 16 MILITARY SERVICE RIDER NO. 28 AVAILABILITY This Rider is available in conjunction with the Large General Service Schedule for electricity used on property operated as a training or testing base by a branch of the Armed Forces. Electric service hereunder may be redistributed by Customer to various points of use on contiguous property owned or controlled by Customer; however, Company may continue, in those areas presently contracted for, to provide distribution facilities where the Customer is required by Federal Government regulations to supply electric service.
Service hereunder is not available (1) for breakdown, standby, or supple-mentary service unless used in conjunction with the Standby and Supplementary Service Rider for a continuous period of not less than five years, (2) for resale service to the general public, or (3) when it is necessary for Company to make uneconomical and impractical installations.
TYPE OF SERVICE The types of metered service to which this'ider is applicable are alternating current 60 cycles, three phase, four wires at Company's standard voltages of 12,470 volts or higher, which voltage is obtained with only one voltage transformation from Company's transmission system.
BILLING DEMAND The Billing Demand shall be the maximum kw registered during the current month by a demand meter suitable for measuring the demands used during a 15-minute interval, but shall not be less than 60% of the first 25,000 kw of Contract Demand plus 85% of the additional Contract Demand, and in no event less than 1,500 kw.
Effective: North Carolina - For bills rendered on and after March 3, 1975 South Carolina For bills rendered on and after January 15, 1975 NCUC Docket No. E-2, Sub 229 SCPSC Docket No. 17,134, Order No. 18,100
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Carolina Power & Light Company 17 GUARANTEED LOAD FACTOR SERVICE SCHEDULE GLF-3F AVAILABILITY This Schedule is available for electric service used by a commercial or industrial business when Company does not own equipment, other than meters and metering equipment, on Customer's side of the point of delivery and when Customer contzacts for not less than 10,000 kw.
This Schedule is not available (1) for breakdown, standby, or supplementary service unless used in conjunction with the applicable Standby and Supplementary Service Rider for a continuous period of not less than five years, (2) for resale service, oz (3) for service to a Customer when any part of the service is metered by Customer and charged for in whole or in part or when its use is limited in any way even though noc separately charged for.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter.
TYPE OF SERVICE The types of service to which this Schedule is applicable aze alternating current, 60 cycles, three phase 3 or 4 wires, at Company's standard voltages of 12,470 volts or higher.
CONTRACT DEMAND The Contract Demand shall be the maximum kw of demand from time to time determined hereunder, subject to Company's Service Regulations, buc shall not be less than the kw of demand specified in the Service Agzeemenc.
MONTHLY RATE Demand Charge
$ 70,790.00 for the firsc 10,000 kw of Billing Demand
$ 6.84 per kw for all additional kw of Billing Demand Energy Charge First 600 kwh per kw included in Demand Charge 0.69C per kwh for all additional kwh BILLING DEMAND The Billing Demand shall be the maximum kw registered during the current month by a demand meter suitable for measuring the demands used during a 15-minute interval, but shall not be less than 60X of the firsc 25,000 kw of Contract Demand, plus 85X of any additional Contract Demand, and in no event less chan 10,000 kw.
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Adjustment Clause applicable to retail service will apply to all service supplied under this Schedule.
POWER FACTOR ADJUSTMENT When the power factor in the current billing month is less than 95X, the monthly bill will be increased by a sum equal to $ 0.25 multiplied by the difference between the maximum reactive kilovolt-amperes (kvar) registered by a demand meter suitable for measuring the demands used during a 15-minute interval and 33X of the maximum kw demand registered in the current billing month.
PAYHBlfS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less than five years.
GENERAL Service rendered under this Schedule is sub)ect to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule GLP-3D Effective for bills rendered on and after January 15, 1975 SCPSC Docket No. 17,134, Order No. 18,100 2-
Carolina Power & Light Company 18
'(Applicable in South Carolina only)
RURAL FARM SERVICE SCHEDUlE RF-1H AVAILABILITY the farm's This Schedule is available when electric service is used on a farm and in the preparation of products for market, provided such service is not metered in con)unction with a residence.
Service under this Schedule is not available for processing (or handling) for market of farm products produced by others, for separately metered seasonal farm operations of less then six months continuous and substantial use, for individual motors in excess of 10 HP (except as provided below), for highly seasonal heating load in excess of 10 KW connected, for ccarnercial or industrial purposes, or for other uses not specifically provided for by the provisions herein, or for breakdown, standby, supplementary, or resale service.
APPLICABILITY This Schedule is applicable to a11 electric service of the same available type supplied to Customer' preaSses at one point of delivery through one kilowatt-hour meter.
TYPES OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, either single phase 2 or-3 wires, or three phase 4 wires, at Company's standard voltages of 240 volts or less.
MONTHLY RATE Single Phase Service
$ 3.00 for the first 50 kwh or less 4.85'er kwh for the next 50 kwh 3.8+ per kwh for, the next 100 kwh 2.20) per kwh for the next 600 kwh 2.15$ per kwh for the additional kwh Three Phase Service
'lhe bill computed for single phase service plus $ 1.90 INDIVIDUALM)TORS Service to individual motors rated for more than 10 HP will not normally be permitted under this Schedule. However, in exceptional cases, motors as large as 15 HP may be served upon approval by the Engineering Department.
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to retail service will apply to all service supplied under this Schedule.
PA YHSNTS Bills are due'when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less then one year.
GEIEIIAL Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule RF-IF Effective for bills rendered on and after January 15, 1975 SCPSC Docket No. 17,134, Order No. 18,100
Carolina Power & Light Company 19 CHURCH AND SCHOOL SERVICE SCHEXULE CS-1A AVAILABIIZTY This Schedule is available for electric service used in a church plant contracting to pay for service for twelve months in each calendar year when Company does not own equipment, other than meters or metering equipment,, on Customer'a side of the point of delivery.
This Schedule is also available for electric service used in educational and recreational buildings operated as an educational institution of elementary or high school level provided that no part of the school is used for boarding facilities to accommodate students or faculty members.
This Schedule is not available for service to other types of schools, such as an industrial, vocational or training school, or for service to a building which is wholly or partially used for other purposes not specifically provided for by the provisions herein or for breakdown, standby or supplementary servi ce.
APPLICABIIZTY This Schedule is applicable to all electric service of the same available type supplied to Customer's premises at one point of delivery through one kilowatt-hour meter.
The types of service to which this Schedule is applicable are alternating current, 60 cycles, single phase 2 or 3 wires, or three phase 3 or 4 wires, at Company's standard voltages. When Customer desires two or more types of service, which types can be supplied from a single phase 3 wire type or a three phase 4 wire type, without voltage transformation, only the one of these two types necessary for Customer's requirements will be supplied.
$ 3.00 for the first 50 kwh or less 3.60I'per kwh for the next 450 kwh 3.00$ per kwh for the next 1000 kwh 2.60) per kwh for the additional kwh FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to retail service will apply to all service supplied under this Schedule.
PAGKMTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shaD. not be less than one year.
QENERAL Service rendered under this Schedule is sub)ect to the provisions of the Service Regulations of the Company on file with the state regulatory commission ~
Supersedes Schedule CS-1 Effective: South Carolina - For bills rendered on and after January 15, 1975 SCPSC Dockec No. 17,134, Order No. 18,100
Carolina Power 6 Light Company 20 SCHOOL CAFETERIA RIDER NO. 14H AVAILABILITY This Rider is available in conjunction with Service Schedule CS-1 when the school has a cafeteria and uses electiicity for all cooking and heating purposes, exclusive of space heating or partial heating of water by space heating plants.
This Rider is also available to a separately metered gymnasium provided the school has a cafeteria as described above.
This Rider is not available in conjunction with electric service used in a church plant or in conjunction with electric service supplied under Service Schedule CS-2.
SPECIFICATIONS Water heaters served under this Rider shall be insulated standard storage type tanks of not less than 30 gallon rated capacity and the maximum connected wattage shall not exceed one hundred watts per gallon of rated tank capacity.
DISCOUNT A discount of 0.90'er kwh from the billing of a school under Service Schedule CS-1 will be allowed for each kilowatt-hour used in excess of 1000 kwh but, according to the tank capacity, for not more than the following number of kilowatt-hours:
Rated Tank Capacity Kilowatt-hours in Gallons Sub ect to Discount 30 to 99 500 100 to 199 1000 200 to 399 2000 400 to 599 3500 600 to 799 5000 800 & over 6500 When a school has more than one electric water heater serving the cafeteria or gymnasium, each water heater shall conform to the Specifications of this Rider and the number of kilowatt-hours subject to Discount will be in accordance with the total tank capacity of such water heaters.
When any of the hot water used is preheated by other than electricity, the total number of kilowatt-hours, subject to discount sh'a11 not exceed 1000 kilowatt-hours.
Supersedes Rider No. 14G Effective: North Carolina For service rendered on and after January 6, 1975 South Carolina For bills rendered on and after January 15, 1975 NCUC Docket No. E-2, Sub 229 SCPSC Docket No. 17,134, Order No. 18,100
Carolina Power 6r. Light Company 2l CHURCH AND SCHOOL SERVICE SCHEDUIE CS-2A AVAILABILITY Schedule is available when permanently installed electric space heating equipment is the
'nly This type of space heating equipment installed in either (1) all parts of the church plant, (2) in the church sanctuary and pertinent rooms thereto, (3) in all parte of the church plant, except the parts contained in item (2), (4) in a newly constructed church educational building with not less than fifty percent of the floor area of the existing church plant, excluding the parts contained in item (2), or (5) any separately metered church building comprising a part of the church plant.
This Schedule is also available for electric service used in educational and recreational buildings operated as an educational institution of elementary or high school level, when perma-nently installed electric space heating equipment is the only type of equipment installed for space heating purposes and all installed cooking and water heating equipment is electrical provided that no part of the school is used for boarding facilities to accommodate students or faculty members.
This Schedule is not available for service to other types of schools, such as an industrial, vocational or training school, or for service to a building which is wholly or partially used for other purposes not specifically provided for by the provisions herein or for breakdown, standby of supplementary service.
APPIZCABIIZTY This Schedule is applicable to all electric service of the same available type supplied to Customer's premises at one point of delivery through one kilowatt-hour meter.
TYPE OF SERViCE The types of service to which this Schedule is applicable are alternating current, 60 cycles, single phase 3 wires, or three phase 3 or 4 wires, at Company's standard voltages. When Customer desires two types of service, which types can be supplied from a three phase 4 wire type, without voltage transformation, only the three phase 4 wire type will. be supp1ied.
83.00 for the first 50 kwh or less 3.60$ per kwh for the next 150 kwh 2.50( per kwh for the next 600 kwh 2.00$ per kwh for the next 1200 kwh 1.70) per kwh for the additional kwh FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to retail service will apply to all service supplied under this Schedule.
PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less than one year.
QENERAL Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule CS-2 Effective: South Carolina - For bills rendered on and after January 15, 1975 SCPSC Docket No. 17,134, Order No. 18,100
Carolina Power k. Light Company 22<
APARTMENT HOUSE SERVICE SCHEDUIE AH-1G AVAILABILITY This Schedule is available for electric service when (1) used for heating an entire building construct-ed primarily for apartment units, (2) each individual apartment is separately metered, and (3) each can-mercial establishment within the apartment building is either separately metered or metered in groups.
Electric service used for water heating, cooling, domestic cooking, and general house usage (i.e., haH and exit lights, elevators, lobby lights) may be provided under this Schedule when metered in con)unction with the heating requirements, Only space heating, water heating and cooling service may be provided to com-mercial establishments through the meter serving the apartment building and then only when such services are provided for the entire building.
Service under this Schedule is available for separately metered 3aundry facilities installed solely for the use of the apartment occupants when total electric space heating service is provided under this or any other applicable schedule. Zn addition to the laundry equipment, only water heaters used exclusively for the laundry, space heating for the laundry area and incidental lighting may be served through the laundry meter.
Service under this Schedule is not available (1) when another source of commercial energy is used with-in any portion of the building, (2) for other than laundry facilities, when the heating requirenents for one or more apartments are supplied through the individual apartment meter, (3) for other use not specifi-cally provided for by the provisions herein, or (4) for breakdown, standby, supplementary or resale service, APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter.
TYPES OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, either single phase 3 wires, or three phase 4 wires, at Company's standard voltages of 240 volts or less.
MONTHLY RATE Single Phase Service
$ 3.00 for the first 50 kwh or less 1.74$ per kwh for aH. additional kwh, plu~
~en the kwh used for cooking are billed under this Schedule, add $ 0.25 per dwelling unit.
Three Phase Service The bill computed for single ph'ase service plus $ 1.90.
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to retail service will apply to a31 service supplied under this Schedule. II INDIVIDiAL ~S Separately metered individual apartments, commercial establishments or other uses wi31 be billed under the applicable rate schedule.
PAYMENTS Bi11s are due when rendered and are payable within 15 days from the date of the bi31. Zf any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shaH. not be less than one year.
Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory conanission.
Supersedes Schedule AH-1F Effective: South Carolina - For bills rendered on and after January 15, 1975 SCPSC Docket No. 17,134, Order No. 18,100
Carolina I
Power 6 Light Company 23 HOUSE CONSTRUCTION SERVICE SCHEDULE HC-1E AVAILABILITY This Schedule is available when electric service is used for constructing an individual resi-dential or a duplex residential house.
Service under this Schedule is not available for breakdown, standby, supplementary or resale service, or for other use not specifically provided for by the provisions herein.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer's premises at one point of delivery through one kilowatt-hour meter.
TYPE OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, single phase, 2 or 3 wires, at Company's standard voltages of 240 volte or less.
MONTHLY RATE
$ 3.00 for the first 50 kwh or lese 1.64c per kwh for the additional kwh FOSSIL FUEL ADJUSTMENT The Fossil Fuel Adjustment Clause applicable to retail service will apply to all service supplied under this Schedule.
PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Servic'e Regulations.
CONTRACT PERIOD The Contract Period shall be for the period requested by Customer, but not less than one month, and Customer agrees:
(1) That the service supplied shall be for a continuous period until discontinued, and (2) That where it is necessary for Company to extend lines, erect transformers, or do any work necessary to supply service, except the installation of a self-contained meter, Customer shall pay in advance the estimated cost of such work, including the installation of the metering equipment; and that the estimated cost shall include labor, materials, transportation and supervision of furnishing, installing and removing, less salvage value, of such facilities.
GENERAL Service rendered under this Schedule is sub)ect to the provipions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule HC-1D Effective: South Carolina - For bills rendered on and after January 15, 1975 SCPSC Docket No. 17,134, Order No. 18,100
24 Carolina Power Ec Light Company SHOPPING CENTER SERVICE S"HEDUIE SC-1H AVAILABIIZTY This Schedule is available for electric service used only by electric space heating and cooling equipment when both are installed in a large shopping center where the operator furnishes both the heating and cooling requirements as a part of tenant's rent; provided such electric service is supplied for the shopping center at a central location(s) rather than at each tenant's premises, Electricity supplied under this Schedule may be used for the operation of air-handling equipnent within the mall area whenforsuch air-handling equipment is an integral part of the heating and cooling equipment used specificaDy the mall area. The shopping center shall consist of five or more stores with individual tenants, each metered separately.
When the shopping center meets the conditions stated above, Company will supply multiple points of delivery which, in its opinion, are necessary, and this Schedule will be available to each such point where (1) both space heating and space cooling are served or (2) either space heating or space cooling is served and at least 25$ of the capacity of the transformer installation is required to serve loads other than those to which this Schedule is available.
This Schedule is not available to any portion of a shopping center where the space heating or cooling equipment uses an energy source other than electricity, for other uses not specificaDy provided for by the provisions herein or for breakdown, standby, supplementary, or resale service.
APPLICABIIZTY 3d.s Schedule is applicable to all electric service of the same available type supplied to customer' premises through one kilowatt-hour meter for each point of delivery.
TYPE OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, three phase 3 or 4 wires, at Company's standard voltages of 480 volts or less.
NONTHLY RATE
$ 3.00 for the first 50 kwh or less 1.63$ per kwh for all additional kwh FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to retail service will apply to aD. service supplied under this Schedule.
INDIVIDUAL)STERS Separately metered individual commercial establishments or other uses will be biDed under the ap-plicable rate schedule.
GENERAL PAY!8HTS BiDs are due when rendered and are payable within 15 days from the date of the If bill. any bi11 is not so paid, Company has the right to suspend service in accordance with its Service Regulations, CONTRACT PERIOD The Contract Period shall not be less than one year.
Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory comnd.ssion.
Supersedes Schedule SC-1C Effective: South Carolina - For bills rendered on and after January 15, 1975 SCPSC Docket No. 17,134> Order No. 18,100
Carolina Power 6 Light Company 25 SPORTS FIELD LIGHTING SCHEDULE SFL-1J AVAILABILITY This Schedule is available for electric service used for lighting specially designed outdoor fields which are normally used for football, baseball, softball, tennis, races and other organised competitive sported'his Schedule is not available for breakdown, standby, supplementary or resale service.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter.
TYPE OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, either single phase 2 wires, or three phase 3 or 4 wires, at Company's standard distribution voltage available for the area or the voltage at which an installation was served on December 1, 1973.
EXTENSION OF FACILITIES Company will make the type of service agreed upon available to Customer, provided Customer will pay to Company the total estimated cost of extending, or increasing, the capacity of Company's facilities located on Company's side of the point of delivery, exclusive of the material cost of transformers and the entire cost of the meter installation.,
MONTHLY RATE
$ 0.82 for the first 15 kwh or less per kw of demand 3.5C per kwh for all additional kwh BILLING DEMAND The Billing Demand shall be the maximum kw registered during the current month by a demand meter suitable for measuring the demands used during a 15-minute interval but not lese than the maximum kw previously registered during the current season (period of continuous connection).
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to retail service will apply to all service supplied under this Schedule.
BILLING The billing to Customer will be continuous from the beginning to the end of each complete season, or period of special use, and service will not be disconnected until the end of each complete season or period of special use. If the season or period of use is for less than 30 consecutive days, Customer wil) be billed the estimated cost of connecting and disconnecting service, which estimated cost shall not be less than $ 10.00.
PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less than one month, unless Customer agrees to pay the estimated cost of connection and disconnection, which estimated cost shall not be lese than $ 10.00.
GENERAL Service rendered under this Schedule is sub)act to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule SFL-1H Effective: South Carolina For bills rendered on and after January 15, 1975 SCPSC Docket No. 17,134, Order No. 18,100
Carolina Power 6 Light Company 30 SMALL MUNICIPAL PUMPING SERVICE SCHEDULE MP-1G AVAILABILITY This Schedule is available for electric service used in pumping plants owned and operated only by a municipality, incorporated sanitary district, or other governmental unit, for the purpose of. supplying a retail water service or sewage disposal service, when Company does not own equipment, other than meters and metering equipment, on Customer's side of the point of delivery.
This Schedule is not available for breakdown, standby, supplementary or resale service.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter.
TYPE OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, single phase 2 or 3 wires, or three phase 3 or 4 wires, at Company's standard voltages. When Customer desires two or more types of service, which types can be supplied from a single phase 3 wire type or a three phase 4 wire type, without voltage transformation, only the one of these two types necessary for Customer's re-quirements will be supplied.
CONTRACT DEMAND The Contract Demand shall be the maximum kw of demand from time to time determined hereunder, subject to Company's Service Regulations, but shall not be less than the kw of demand specified in the Service Agreement.
MONTHLY RATE 2.53c per kwh for the first 500 kwh*
1.51C per kwh for all additional kwh, except 1.00C per kwh for the kwh used in excess of 10,000 kwh and 200 kwh per kw
~When the Billing Demand exceeds 5 kw, add 100 kwh for each kw of such excess.
Minimum: $ 3.00 plus $ 1.54 for each kw of Billing Demand in excess of 3.0 kw.
BILLING DEMAND The Billing Demand shall be the maximum kw registered during the current month by a demand meter suitable for measuring the demands used during a 15-minute interval but shall not be less than 60X of the Contract Demand.
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Adjustment Clause applicable to retail service will apply to all service supplied under this Schedule.
FIRE PUMPS Demand charges for equipment used exclusively for fire pumps or similar emergency service shall be waived for billing purposes provided Customer advises Company within 48 hours5.555556e-4 days <br />0.0133 hours <br />7.936508e-5 weeks <br />1.8264e-5 months <br /> after the operation of such equipment for fire or other emergency service. Customer may operate such equipment for test purposes during prearranged periods satisfactory to Company, and the demands created by such prearranged test operations will be ignored for billing purposes.
Customer shall pay to Company cost of local facilities, including transformers, or the pro rata portion of total cost of facilities provided to supply service for emergency equipment.
PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the righc to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less than five years.
GENERAL Service rendered under this Schedule is sub)ect to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule K'-1E Effective for bills rendered on and after January 15, 1975 SCPSC Docket No. 17,134, Order No. 18,100
Carolina Power 6 Light Company 31 LARGE MUNICIPAL PUMPING SERVICE SCHEDULE MP-20 AVAILABILITY This Schedule is available for electric service used in pumping plants owned and operated only by a municipality, incorporated sanitary distzict, or other governmental unit, for the purpose of supplying a retail water service or sewage disposal service, when Company does not own equipmerit, other than meters and metering equipment, on Customer's side of the point of delivery.
This Schedule is not available for breakdown, standby, supplementary or resale service, APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery thzough one kilowatt-hour meter, TYPE OF SERVICE The types of service to which this Schedule is applicable aze alternating current, 60 cycles, single phase 2 or 3 wires, oz three phase 3 or 4 wires, at Company's standard voltages. When Customer desires two or more types of service, which types can be supplied from a single phase 3 wire type or a three phase 4 wire type, without voltage transformation, only the one of these two types'ecessary for Customer's re-quirements will be supplied.
CONTRACT DEMAND The Contract Demand shall be the maximum kw of demand fzom time to time detezmined hereunder, sub5ect to Company's Service Regulations, but shall not be less than the kw of demand specified in the Service Agreement.
MONTHLY RATE
$ 121.50 for the first 50 kw of Billing Demand
$ 1.79 per kw for all additional kw of Billing Demand 0.87c per kwh for all kwh BILLING DBfAND The Billing Demand shall be the maximum kw registered during the current month by a demand meter suitable for measuring the demands used during a 15-minute interval but shall not be less than 60X of the Contract Demand and in no event less chan 50 kw.
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to retail service will apply to all service supplied under this Schedule.
FIRE PUMPS Demand charges for equipment used exclusively for fire pumps or similar emergency service shall be waived for billing puzposes provided Customer advises Company within 48 hours5.555556e-4 days <br />0.0133 hours <br />7.936508e-5 weeks <br />1.8264e-5 months <br /> after the operation of such equipment for fire or ocher emergency service. Customer may operate such equipment for test purposes during prearranged periods satisfactory to Company, and the demands created by such prearranged test operations will be ignored for billing purposes.
Customer shall pay to Company cost of local facilities, including transformers, or the pro rata portion of total cost of facilities pzovided to supply service for emergency equipment.
P AYHENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be lese than five years.
Service rendered under this Schedule is sub)act to the provisions of the Service Regulations of the Conpany on file arith the state regulatory comaission.
Supersedes Schedule MP-2E Effective for bills rendered on and after January 15, 1975 SCPSC Docket No. 17,134, Order No. 18,100 2-
Carolina Power Ec Light Company 50 TRAFFIC SIGNAL SERVICE SCHEDUIZ TS-1B AVAILABILITY This Schedule is available for electric service supplied for the operation and iUumination of traffic signals installed along public and private highways where Company has an existing secondary distribution line.
INSTALLATION The Company, for each signal or group of signals operating from one coritroller, wil1 make its connection to Customer's service wire at-a point one foot below the lowest support, carrying existing 120/240 volt conductors, or the equivalent, on the nearest pole. Customer will furnish, install, and maintain all servi,ce wires, fixtures, and other necessary equipment, including lamps and lamp renewals, for the installation and operation of all traffic signals.
TYPE OF SERVICE Alternatirg current, 60 cycles, single phase, 2 wires, 120 volts nomi.al..
IK'INITIONS A One-way Signal is a signal with only one face which can be seen from only one approach.
A Multi-Direction Signal is a signal with more than one face each of which can be seen from only one approach.
MONTHLY RATE MONTHLY RATE PER SIGNAL TYPE OF SIGNAL With erati Lamps of for a 0 atts or less Maximum Da of 1 ierati mps of for 1 0 Watts or less a Maximum Da of 16 Hours 24 Hours 16 Hours 24 Hours one ~......
Blinker Signal with One-way Signal with
$ o.65 $ 0+90 $ 1.35 $ 1.75 One Lamp......
Two Lamps ..... $ 0.75 1.05
$ 0 95 1.35
$ 1 70 2 35
$ 2.35 3.10 Three Lamps . . . . 1.10 1.45 2.40 3 25
~
Four Lamps..... 1.40 1.80 3 25 4.30 (1) When a customer elects to install a lamp of 120 watts or less, in lieu of 70 watts or less, in the red cycle of a One-way Signal with two or more lamps, then the rates for all One-way Signals with two, three or four lamps will be increased by $ 0.30 and $ 0.40, respectively, for 16 hours1.851852e-4 days <br />0.00444 hours <br />2.645503e-5 weeks <br />6.088e-6 months <br /> and 24 hours2.777778e-4 days <br />0.00667 hours <br />3.968254e-5 weeks <br />9.132e-6 months <br /> of operation.
Multi-Direction Signal The rate for a iihlti-Direction Signal is the sum of the applicable One-way Signal rate for each face of the Multi-Direction Signal.
Minimumr The amount computed under the above rates but not less then $ 3.00.
PAYHENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Serrice Regulations.
CONTRACT PERIOD The Contract Period shall not be less than one year.
Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory conmd.ssion.
Supersedes Schedule TS-1A Effective South Carolina - For bi11s rendered on and after January 15, 1975 SCPSC Docket No. 17,134, Order No. 18,100
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Carolina Power 4 Light Company (Applicable in South Carolina only) 53.
AREA LIGHTING SERVICE SCHEDU1cE AL-1C AVAILABILITY This Schedule is available for service supplied in the 1ighting of outdoor areas, private streets and private driveways by means of mercury vapor or sodium vapor lighting units. Lighting units will be bracket mounted on Company-owned poles and the mercury vapor lamps will be color corrected.
This Schedule is not available for the lighting of dedicated streets or highways.
SERVICE Prior to installing area lighting facilities, customer and Company must execute Company's form entitled Application for Area Lighting Service. The service supplied by Company will include the installation and operation, according to Company standards and requirements, of the area lighting units and will include the furnishing of electricity required for the illumination of the lamps from dusk to dawn. Company wi11 perform as soon as practicable, during regular working hours, the necessary maintenance to restore illumination after customer has notified Company that a lamp is not burning. 'Ihe nominal lumen rating of the 1ighting units listed under the Monthly Rate indicates the class of lamp.
MONTHLY RATE PER LIGHTING lMT Basic Rate The basic rate does not include the monthly charges for additional facilities as set forth beiow or the contributions rcuuired under this schedule.
Li hti Uni.ts Overhead Service Under round Service Wood Polo Wood Pole Metal Pole One Unit Two Units One Unit Two Units One Unit Two Units Per Pole Per Pole Per Pole Per Pole Per Pole Per Pole Mercu Va or Units 7000 lumen semi-enclosed $ 4.25 $ 3.50 $ 8.00 $ 5 25 $ 10.25 6.50 7000 lumen enclosed 5.25 4.00 9.CO 6.00 11.25 7.25 7000 lumen post type N/A N/A 11.25 N/A 11.25 N/A 21000 lumen enclosed 7.00 Se 75 11.25 8.00 1h. CO 9.25 21000 lumen flood 8e75 7.50* 13.00 9.7& 15.75 11.~
60000 lumen enclosed I2.00 10.50 16.75 13.00 19.50 lh.25 6COOO lumen flood 14.00 12.50* 18.75 15.~ 21.50 16.25+
Sodium Vanor Units 35000 lumen enclosed 8.85 7.45 13 05 9.55 15.75 11.05 50000 lumen enclosed 11. 30 9.60 16.05 12 .00 18.80 13.55
+ Up to four (4) 21000 lbmen or 60000 lumen flood lighting units may be installed on one pole The Monthly Rate per lighting Unit will. be as shown for the two units per pole.
Additional R uired Faci1ities If the providing of lighting service requires the installation of poles other than those on which lighting units are installed, an extension of Companyds primary conductors, the installation of a distribution transform~er used orQg for the lighting service, or the installation of secondary underground conductors in excess of the footage stated below, the following monthly charges will be added to the basic charges.
(1) For each such wood pole $ 1.30 (2) For distribution transformer and/or primary conductors:
Agreements prior to March 1, 1973, 1.25 percent of the estimated installed cost.
Agreements on and after March 1, 1973, 2 .0 percent of the estimated installed cost.
(3) For each span of underground secondary conductor in excess of tho followings 7000 Lumen Unit 150 feet 21000 Lumen Unit 175 feet 60000 Lumen Unit 225 feet 35000 Lumen Unit 175 feet 50000 Lumen Unit ~ 225 feet Agreements on and after March 1, 1973, 2.0 percent of the estimated installed cost.
NONREFUNDABLE CONTRIBUTION A customer receiving serv1ce from underground conductors will make a nonrefundable contribution for the following:
(l) Estimated additional cost of installing cable under paved areas.
(2) Estimated additional cost incurred due to encountering rock or other obstruction.
,CONVERSION OF OVERHEAD CONDUCTORS Service supplied under the Honthly Rate for Underground Service in this Schedule does not 1nclude the conversion of exist1ng overhead secondary conductors to underground. Should the customer desire such a conversion under this Schedule, customer will contribute to Company, in addition to the applicable contri-butions above, the estimated net loss in salvage value of the overhead facilit1es being removed. The.
customer will thereafter pay the applicable rate for underground service.
PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If not so paid, Company has the right to suspend service in accordance with its Service Regulations.
any bill is CONTRACT PERIOD The Contract Period shall be not less than three years for overhead service and not less then five years for underground service and shall extend from year to year thereafter until terminated by the customer or Company. The customer may terminate the Agreement before the expiration of the initial Con-tract Period by paying to Company a sum of money equal to 40 percent of the bills which otherwise would have been rendered for the unexpired months of the initial Contract Period.
GENERAL Service rendered under this Schedule is sub]ect to the provisions of Company's Service Regulations filed with the state regulatory commission.
Supersedes Schedule AL-1B Effective for bills rendered on and after January 15, 1975 SCPSC Dockec No. 17,134,'Order No. 18,100
Carolina Power &. Light Company 52 POLE TYPE STREET LIGHTINQ SERVICE SCHEDUIZ SL-1J (Overhead Conductors)
AVAILABILITY This Schedule is available for service supplied in the lighting of dedicated public streets, highways, municipally owned and operated public parking lots, and municipally owned and operated public parks by means of incandescent, mercury vapor and sodium vapor lighting units mounted on Company owned'oles. This Schedule is also available for continuous service to other installations which were being served on April 1, 1973 under the superseded Schedule SL-1Q.
This Schedule is not available in areas where the primary and secondary distribution system is installed underground or in residential areas where the primary and secondary distribution system is insta11ed overhead along reer property lines. This Schedule also is not available for the lighting of outdoor areas, private streets or private driveways, unless service was being furnished on April 1, 1973 under Company's superseded Schedule SL-lG.
SERVICE The service supplied by Company will include the installation of a street lighting system, according to Company's standards and requirements, which will be owned, maintained and cperated by Company, including the furnishing of the electricity required for the illumination of the lamps from dusk to dawn. When a metal pole is installed, the customer will make a nonrefundable contribution equal to the total installed cost of the metal pole in excess of $ 75.00 for each pole. The nominal lumen ratings of lighting units listed under the Monthly Rate indicate the class of lamp.
MONTHLY RATE PER LIGHTING UNIT Basic Rate The basic rate does not include the monthly charges for additional facilities or for less then ten units or the contribution, Lighting Service Regulations.
if any, required under this Schedule and under the Street Month3y Incandescent Li hti Units ~Char e 2500 lumen open unit - bracket mounted $ 2.00
- on mast arm or center suspension 2.40 6000 lumen enclosed unit 3.70 10000 lumen enclosed unit 5.05 Mercu Va or Li htl Units 7000 lumen semi-enclosed unit 3 55 7000 lumen enclosed unit 3.90 21000 lumen enclosed unit 5.40 60000 lumen enclosed unit 10.40 Sodium Va or Li hti Units 35000 lumen enclosed unit 7.05 50000 lumen enclosed unit 8.80 Additional Facilities If providing the lighting service requires an extension of Company's primary con uctors, requires the use of other than Company's standard brackets or mast arms, requires the installation of one or more poles, or if a metal pole is installed at Customer' request, the foD,owing monthly charges will be added to the basic charges.
(1) For each special street lighting wood pole $ 0 ~ 75 (2) For each special street lighting metal pole (see KRVICE provision) 1.15 (3) For each system street lighting metal pole (see SERVICE provision) 0.40 (4) For an extension of primary conductors - 2.CC of estimated instaU.ed cost of the required facilities.
(5) For a bracket or mast arm in excess of six feet on a metal pole or 16 feet on a wood pole - 2.0$ of the estimated additional installed cost of all required facilities.
Less Than Ten Li hti Units When the total number of lighting units billed to a customer under a contract containing is and any other applicable street lighting schedule is less than ten units, a sum of money equal to twenty cents ($ 0.20) times the difference between ten and the number of lighting units billed under the contract will be added to customer's monthly billing.
PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is
'not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less than 10 years.
OEiAL Service rendered under this Schedule is subject to the provisions of Company's Street Lighting Service Regulations filed with the state regulatory commission.
Supersedes Schedule SL-1H Effective: South Carolina For bills rendered on and after January 15, 1975 SCPSC Docket No. 17,134, Order No. 18,100
>>2-
53 Carolina Power 6 Light Company UNDERGROUND STREET LIGHTING SERVICE SCHEDULE SL-2E AVAILABILITY This Schedule is available for service supplied in the lighting of dedicated public streets, highways, municipally owned and operated public parking lots, and municipally owned and operated public parks by means of mercury vapor and sodium vapor lighting units. This Schedule 'is also available for continuous service to other installacions which were being served on April 1, 1973, under the superseded Schedule SL-2C. The lighting units normally will be bracket mounted on Company-owned standard metal poles; however, wood poles are available.
This Schedule is not available for the lighting of outdoor areas, private streets, or private driveways, unless service was being furnished on April 1, 1973, under Company's superseded Schedule SL-2C.
SERVICE The service supplied by Company will include the installation of an underground street lighting system, according to Company's standards and requirements, which will be owned, maintained and operated by Company, including the furnishing of the electricity required for the illumination of the lamps from dusk to dawn. The nominal lumen ratings of lighting units listed under the Monthly Rate indicate the class of lamp.
MONTHLY RATE PER LIGHTING UlNIT Basic Rate The basic rate does not include the monthly credit for ]oint i.nstallation or the monthly charge for additional facilities or the monthly charge for less than ten units or the contribution, if any, required under this Schedule and the Street Lighting Service Regulations.
Monthly Charge One Li htin Unit Per Pole Wood Pole Metal Pole M~*v v 7000 lumen semi-enclosed unit $ 5.65 $ 6.35 7000 lumen enclosed unit 6.00 6.70 7000 lumen post type unit 6.70 6.70 21000 lumen enclosed unit 7,90 9.25 60000 lumen enclosed unit N/A 13.10
~ddd V ov 35000 lumen enclosed unit 14.85 17. 05 50000 lumen enclosed unic N/A 18.45 Two Li htin Units Per Pole Mercu Va or 7000 lumen semi-enclosed - per lighting unit 4. 25 4,60 7000 lumen enclosed - per lighting unit 4.60 4.95 21000 lumen enclosed - per lighting unit 6.40 7.05 60000 lumen enclosed - per lighting unit N/A 10.90
~odd V o 35000 lumen enclosed - per lighting unit 10. 60 11.70 50000 lumen enclosed - per lighting unit N/A 13.25 Credit for Joint Installation The following credit will apply for each screet lighting pole where seventy-five percent (757) or more of the span of street lighting cable is installed at the same time and in the same trench as the underground distribution system:
7000 lumen mercury unit $ 1.25 per pole 21000 lumen mercury unit 0.75 per pole 60000 lumert mercury unit 0.95 per pole 35000 lumen sodium unit 2.10 per pole 50000 lumen sodium unit 1.65 per pole
Additional Facilities If providing the lighting service requires an extension of Company's primary conductors, requires the use of ocher than Company's standard brackets or requires the installation of a span of street lighting cable in excess of the footage shown below, the following monthly charges will be added to the basic charge:
(1) For an extension of primary conductors - 2.0X of the estimated installed cost oi the required facilities.
(2) For any mast arm - 2.0X of the estimated installed cost of all required facilities in excess of those required Eor a bracket mounted unit. A bracket is 6 feet or less and a mast arm is over 6 feet in length.
(3) For a span of street lighting cable in excess of <<he footage shown below - 2.0'4 oE the estimated installed cost of such overages (1.57. Eor customers served prior to December 1, 1973.) The cost of each overage will be computed individually by multiplying the number of feet of excess length of cable in the span by the average installed cost per foot of chat span.
7000 lumen units 250 feet 21000 lumen units 225 Eeet 60000 lumen units 200 feec 35000 lumen units 225 Eeoc 50000 lumen units 200 feet Less Than Ten Li htin 'Units When the total number of lighting units billed to a customer under a contract containing this and any other applicable street lighting schedule is lese than ten units, a sum of money equal to twenty cents ($ 0.20) times the difference between ten and the number of lighting units billed under the contract will be added to customer's monthly billing.
NONREFUNDABLE CONTRIBUTION A customer receiving service under this Schedule will make a contribution for the following:
(1) In the evenc that rock, unstable soil, or other conditions require the use of materials and methods of installation other than Company's normal materials and methods, customer will contribute the additional cost incurred thereby.
(2) The estimated cost of installing cables under paved areas; however, the customer may cut and replace the pavement in lieu of making the contribution.
CONVERSION OF OVERHEAD CONDUCTORS Service suppli.ed under the Monthly Rate in this Schedule does not include the conversion of existing overhead street lighcing circuits to underground. Should the customer desire such a conversion under this Schedule, customer will pay to Company, in addition to the applicable contribution above, the estimated nec investment depreciated, plus removal cost, less salvage value of the overhead conductor being removed.
PAYMENTS Bills are due when rendered and are payable within 15 days Erom the date of the bill. If any bill is noc so paid, Company has the right to suspend service in accordance with i.ts Service Regulacions, CONTRACT PERIOD The Contract Period shall noc be less chan 10 years.
GENERAL P
Service rendered under this Schedule is sub]ect to the provisions of Company's Streec Lighting Service Regulations filed with the state regulatory coEnaission.
Supersedes Schedule SL-2D Effective: South Caroline - For bills rendered on and after January 15, 1975 SCPSC Docket No. 17P134, Order No. 18,100 54 Carolina Power 6c Light Company UNIZROROUND STREET LZGHTING SERVICE SCHEKUIZ SL-3E (Customer Participation)
AVAILABILITY This Schedule is available for service supplied in the lighting of dedicated public streets, municipally owned and operated public parking lots, and municipally owned and operated public parks by means of mercury vapor and sodium vapor lighting units. 'The lighting units normally will be bracket mounted on Company-owned standard metal poles; however, wood poles are available.
'ihis Schedule is not available for the lightirg of highways, outdoor areas, private streets, or private driveways.
EEEVECE The service supplied by Company wiLl include the installation of an underground street lighting system, according to Company's standards and requirements, which will be owned, maintained and operated by Company, including the furnishing of the electricity required for the illuminad,on of the lamps from dusk to dawn.
The nominal lumen ratings of lighting units listed under the Monthly Rate indicate the class of lamp.
MONTHLY RATE PER LZGHTLNG UNIT Basic Rate The basic rate does not include the monthly charges for additional facilities or for less than ten units or the contribution required under this Schedule and under the Street Lighting Service Regulations.
Monthly Charge One Li hti Unit Per Pole Wood Pole Weeel Pole Mercu Va or 7000 lumen semi-enclosed unit 4.30 S 4 ~ 70 7000 lumen enclosed unit 4.65 5.05 7000 lumen post type unit 5.05 5.05 21COO lumen enclosed uMt 6,15 6.55 60000 lumen enclosed unit N/A ll 55 Sodium Vauor 35000 lumen enclosed unit 7.80 8.20 50000 lumen enclosed unit N/A 9.95 Two Li hti Units Per Pole
~Yare Veoor 7000 lumen seni-enclosed - Per Lighting Unit 3.95 4.15 7COO lumen enclosed - Per Lighting Unit 4.30 4.50 21000 lumen enclosed - Per Lighting Unit 5.80 6.00 60000 lumen enclosed - Per Lighting Unit N/A 11.00
~dodioe Ve r 35COO lumen enclosed - Per Lighting Unit 7.45 7.65 50000 lumen enclosed - Per Lighting Unit N/A 9.40 Additional Facilities If providirg the street lightirg service requires an extension of primary conductors or requires the use of other than Company's standard brackets, the following monthly charge will be added to the basic charges:
(1) For an extension of primary conductors - 2 .(74 of the estimated installed cost of the required facilities.
(2) For any mast arm - 2.(g of the estimated installed cost of all required facilities and in excess of those required for a bracket mounted unit. A bracket is 6 feet or less a mast arm i,s over 6 feet in length.
Less Than Ten Li htin Units When the total number of lighting units billed to a customer under a contract containing s and any other applicable street lighting schedule is less than ten urd.tsP a sum of money equal to twenty cents ($ 0.20). times the difference between ten and the number of lighting units billed under the contract will be added to customer's monthly bi1ling.
NONREFUNDABLE CONTRIBUTICN Installations under this Schedule are based on the customer making the followirg contributions:
(1) Base Contribution The contributions stated under 'Wood Pole" or "Metal Pole" provide for the installation of standard fixtures on the type wood or metal poles approved by the Company for use at the time of the installation.
(a) Separate InstaUations The following appLi.es for each street lighting pole where less than seventy-five percent (75$ ) of a span of street lighting cable is installed at the same time and in the same trench as the underground distribution system:
J Wood Pole Metal Pole 7000 lumen bracket mounted unit $ 108.50 $ 155.00 7000 lumen post type unit 155.00 155.00 21000 lumen mercury vapor unit 140.00 230.CO 60000 lumen mercury vapor unit N/A 175.CO 35000 lumen sodium vapor unit 300.00 390+00 50000 lumen sodium vapor unit N/A 375 .00 (b) Joint Installation The fol1owing applies for each street light1ng pole where seventy-five percent (7Q) or more of a span of street lighting cable is installed at the same tine and in the same trench as the underground distribution system:
Wood Pole Metal Pole 7000 lumen bracket mounted unit 18.50 65.00 7COO lumen post type unit 65.00 65.CO 21000 lumen mercury vapor unit 85.00 175.00 6COOO lumen mercury vapor unit N/A 120.CO 35000 lumen sodium vapor unit 205.00 295.00 50000 lumen sodium vapor unit N/A 300.00 (2) Excess Footage When any street lighting pole is located so that a span of underground cable necessary to pro-vide service exceeds the footage listed below, customer wiU. contribute the sum of the estimated costs of all such overages within the proJect currently being instaU.ed. We cost of each overage will be computed individuaUy by multiplying the number of feet of excess length of cable in the span by the average installed cost per foot of that span.
7000 lumen units 250 feet 21000 lumen units 225 feet 60000 lumen units 200 feet 350GO lumen units 225 feet 50000 lumen units 200 feet (3) Natural Condit1ons In the event that rock, unstable soil, or other conditions require the use of materials and methods of installation other than Company's normal materials and methods, customer will contribute the additional cost incurred thereby.
(4) Bcistirg Pavement If the underground cable is to be installed under an existing paved area, customer will con-tribute the estimated additional cost of insta11ing cables under paved areas, however, the customer may cut and replace the pavement in lieu of making the contribut1on.
(5) Conversion of Overhead Street Lighting Service supplied under the Monthly Rate or the contributions set forth above do not include the conversion of existing overhead street light1ng circuits to underground. Should the customer desire such a conversion under this Schedule, customer wiU. pay to Company, in addition to the applicable contributions above, the estirated net investment depreciated, plus removal cost, less salvage value of the overhead conductors being removed.
PABGBITS BiU.s are due when rendered and are payable within 15 days from the date of the bi11. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less than 10 years.
GENERAL Service rendered under this Schedule is subject to the provisions of Company's Street Lighting Service Regulations filed with the state regulatory commission.
Supersedes Schedule SL-3D Effective: South Carolina - For bills rendered on and after January 15, 1975 SCPSC Docket No. 17',134, Order No. 18,100 ~
I
.l 3
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55 Carolina Power 0 Light Company STREET LIGHTING SERVICE SCHEDULE Sr 4a (Residential Subdivisions)
AVAILABILITY k
This Schedule is available for service supplied in the lighting of residential dedicated public streets by means of mercury vapor lighting units installed within residential subdivisions, consisting of single or duplex dwelling units, located outside the corporate limits of a municipality at the time of the instal-lation.
This Schedule is not available to supply service for the lighting of parking lots, shopping centers, other public or commercial areas within the residential subdivision, or areas not specifically provided for by the provisions herein.
SERVICE The service supplied by Company will include the installation of a street lighting system, according to Company's standards and requirements, which wi11 be owned, maintained and operated by Company including the furnishing of the electricity required for the illumination of the lamps from dusk to dawn. Lighting units will be located by Company to provide the most uniform lighting possible in the residential area.
The nominal lumen ratings of the lighting units furnished under the Monthly Rate indicate the class of lamp.
KINTHLY RATE The following amount will be added to each monthly bill rendered for residential electric service with-in the subdivision:
'VERHEAD DISTRIBUTION AREA:
7000 lumen, bracket mounted, enclosed luminaire on approved type wood pole - 1 street light per 10 customers or major fraction thereof - - - - - $ 0.50 per customer.
7000 lumen, bracket mounted, enclosed luminaire on approved type wocd pole - 1 street light per 5 customers or major fraction thereof - - - - - $ 1.00 per customer.
UNDERGROUND DISTRIBUTION AREA:
7000 lumen, bracket mounted, enclosed lumi.naire on an approved type wood pole - 1 street light per 10 customers or major fraction thereof - - - - - $ 0.60 per customer.
7000 lumen, bracket mounted, enclosed luminaire on a standard metal pole - 1 street light per 10 customers or major fraction thereof - - - - - $ 0.70 per customer.
7000 lumen, bracket mounted, enclosed luminaire on an approved type wood pole - 1 street Light per 5 customers or major fraction thereof - - - - - $ 1.20 per customer.
7000 lumen, bracket mounted, enclosed luminaire on standard metal pole - 1 street light per 6 customers or major fraction thereof - - - - - $ 1.15 per customer.
7000 lumen approved post mounted type luminaire - 1 street light per 6 customers or major fraction thereof - - - - - $ 1.15 per customer.
ANNEKATION CONSIDERATIONS
- l. If any of the following conditions exist, the developer of the subdivision will be required to obtain from the municipal governing agency its written approval of the street lighting service being pro-vided under this Schedule and the number and location of the lights to be installeds
- a. The subdivision abuts a boundary of the murd.cipality.
- b. It is known that the subdivision wi11 be annexed into the municipality.
- c. The municipal governing agency has enacted a subdivision control ordinance which appLies to the subdivision or any portion thereof.
- 2. If the subdivision is subsequently annexed, and the municipality accepts the street lighting under a street lighting service contract on the rate for the equivalent lighting unit, the following will apply:
OVEUKAD DISTRIBUTION - If the municipality accepts the street lighting service under Pole Type Street Lighting Service Schedule SL-1,. no monthly customer charge wiU. be applied to the subdivision residents.
I UNDERGROUND DISTRIBUTION - If the municipality accepts the street lighting service under Under-ground Street Lighting Service Schedule SL-2, no monthly customer charge will be applied to the sub-division residents. If the municipality accepts the street lighting service under Underground Street Lighting Service Schedule SL-3 (Customer Participation), the monthly customer charges will be reduced according to the following schedule:
$ 0.EQ charge reduced to - - - $ 0.20
$ 0.70 charge reduced to - - - $ 0.25
$ 1.15 charge reduced to - - - $ 0.40
$ 1.20 charge reduced to - - - $ 0.40
- 3. If the subdivision is subsequently annexed, and tho municipality does not accept the installed street lighting under a street lighting service contract, the service will continue to be provided under this Schedule with the applicable monthly charges.
NONREFUNDABLE CONTRIBUTION Normally a contribution will not be required for service under this Schedule. The Company will require a nonrofundable contribution from the developer under the following conditions:
- l. Unusual Circumstances - In the event rock, unstabl'e soil, or other conditions require the use of materials and methods of i'nstallation other than Company's nominal materials and methods, the developer will contribute the additional cost incurred thereby.
2 ~ Paved Areas - If Company has to install any portion of the street lighting system under exist-ing paved areas, tho developer will either cut and replace the pavement or contribute to Company the additional cost incurred to install its facllitlos under the paved area.
- 3. Excess Circuitry - When any lighting unit is located so that the span of underground cable necessary to serve such unit exceeds 250 feet, the developer will contribute the sum of the estimated installed costs of all such overages within the subdivision.
EXISTING SUBDIVISIONS Street llghtlng service under this Schedule will be available in existing residential subdivisions provided the. Company receives a petition requestirg this service signed by all the owners of residential lots within the subdivision. When the electrical distribution system within the subdivision ls installed underground, the persons requesting the installation of the street lighting system wiU. pay to Company, in addition to any contribution required above, a nonrefundable contribution equal to the cost of trenching and backfilling necessary for the installation of the street lighting system. If a contribution is re-quired under Excess Circuitry, that portion of trenching and backfilling included ln such contribution will Relandscaping of the area necessary due to the installation of be excluded from the preceding requirement.
the street lighting system will be the responsibility of the residents within the subdivision. The appropriate monthly charge as set forth above will be applied to the monthly billings of all residents in the subdivision.
PAYHE!t2S The monthly charges set forth under this Schedule will be billed in con)unction with the normal bill for residential service. The total of the bill so rendered shall be sub)ect to the terms and conditions of the Service Regulations approved and on file with the state regulatory commission. Failure to pay the total bill rendered when due and payable shall constitute a failure to pay the bill for residential service.
CON'?RACT PERIOD The applicable monthly charge set forth ln this Schedule shall be applied to the monthly billings of all residents in the subdivision as long as street lighting service is provided under any of the conditions as set out herein.
Supersedes Schedule SL-4 Effective: South Carolina - For bills rendered on and after January 15, 1975 SCPSC Docket No. 17,134, Order No. 18,100
-2<<
A Customer who desires electricity for more than one classification of use on the same premises execute a separate Agreement for each separate classification, Customer's wiring being so arranged 'that s~
electricity for each separate classification can be metered separately. When a Customer conducf$ a business in his residence, for which business electricity is used, Company wiU. supply all electricity through one meter under the Schedule appU.cable to the classification for his business use, unless Customer's wiring is so arranged that his residential use and his business use can be separately metered, in which event the appropriate Schedule will be applied to each such use.
Customer shall not without the written assent of Company connect his installation to lines which cross over or under any public or semi-public space in order to supply electricity purchased through one meter to his ad]scent properties. Such written assent may be given only in instances where such adjacent properties are operated as one integral unit under the same name and proprietorship and for carrying on parts of the same business, and where a separate type of business is not involved.
- 6. CONTRACT DEMAND (a) The Contract Demand shall be the maximum kw of demand as from time to time determined in accordance with the provisions of the applicable Schedule which composes a part of the Agreement between Company and Customer, but shaU. not be less than the kw of demand specified in Customer's Application. When the actual demand exceeds the currently effective Contract Demand, such actual demand will become the Contract Demand unless within 60 days Company requests Customer to reduce such actual demand. If Company is unable, due to inadequacy of facilities then employed for the benefit of Customer, to continue the supply of such increase>
then Customer wiU., when requested within said 60 days'eriod, reduce his demand to conform to the existing Contract Demand or to such amount in excess thereof as Company may specify in writing, which amount wi11 then be the Contract Demand. If Customer desires to take service in excess of the amount so specified by Company, Company will advise Customer under what conditions such excess may be supplied.
(b) If Customer desires to reduce the currently effective Contract Demand, and it has not been reduced at his instance during the immediately preceding twelve months, (a) the Contract Demand may be reduced to the number of kilowatts specified in writing by Customer if service has been taken and paid for during the full initial term of Agreement in accordance with the terms thereof, but if not, (b) the Contract Demand may be reduced if Customer pays to Company a sum of money equal to the estimated net coat (after deducting the then value of usable materials and facilities and the salvage value of unusable materials and facilities) of exchangirg the facilities in place for serving the Customer with faciU.ties of a lesser capacity to sup-ply the reduced Contract Demand requested, plus any money spent by Company which would not have been spent if Customer had originally requested the reduced Contract Demand. Reductions so made wi1l be effective with the beginning of the next ensuing billing period.
In the event the Contract Demand is reduced, Company may at any time thereafter change its faci1ities installed for supplying the Customer to other facilities adequate to supply Customer's then existing Con-tract Demand.
(c) If Customer increases his load without adequate notice to Company, and without receiving Company's consent, and such unauthorized increase causes loss of or damage to Company's facilities, the cost of making good such loss or repairing such damage shall be paid by Customer.
7 ~ DN POWER FACTOR ADJUSTMENT Customer shall at all times maintain a power factor at the point of delivery as nearly 100 per cent as practicable; however, if Customer's power factor determined at the time of maximum demand (determined in ac-cordance with the applicable Schedule) is found to be less than 80 per cent lagging, Company will increase the demand used for bil1ing purposes by the number of kilowatts equal to 20 per cent of the difference be>>
tween (1) the maximum number of reactive kilovolt-amperes (kilovars) determined for the period of maximum demand and (2) 75 per cent of the demand as determined for the month in accordance with the provisions of the applicable Schedule.
- 8. BILLING (a) Company's meters will be read as nearly as practicable at regular intervals of not less then 27 days and not more than 33 days. (By special order of the regulatory agencies bi-monthly reading is per-mitted under certain conditions.)
(b) If Company is unable to read Customer's meter for any reason, his use may be estimated by Company on the basis of his use during, the next preceding billing,period for which readings were obtained, unless some unusual condition is known to exist. A bill rendered on the basis of such estimate shall be as valid as if made from actual meter readings.
(c) The term "Month" or "Monthly" as used in Company's Schedules and Riders refers to the interval transpiring between the previous meter reading date and the current reading date and bills shall be rendered Form 1303-A Page 3 (South Carolina Only)
I II
Exhibit B Carolina Power 6 Light Company Proposed Charges The rates, fares, tolls or other charges which the Applicant seeks to place in effect are contained in the schedules and other documents immediately following, a list of which is as follows:
Schedule or Document Name Desi nation Residential Service Schedule R-2T Residential Service Schedule R-3T Residential Service Schedule R-4R Small General Service Schedule G-1T Seasonal or Intermittent Service Rider No. 5H General Service Schedule G-2P Large General Service Schedule G-3F Milit'ary Service Rider No. 28B Guaranteed Load Factor Service Schedule GLF-3K Rural Farm Service Schedule RF-1M Church and School Service Schedule CS-1E Church and School Service Schedule CS-2E Apartment House Service Schedule AH-1L Shopping Center Service Schedule SC-1M Sports Field Lighting Schedule SFL-1N Municipal Pumping Service Schedule
'mall MP-1L Large Municipal Pumping Service Schedule MP-2L Traffic Signal Service Schedule TS-1E Area Lighting Service Schedule AL-1G Pole Type Street Lighting Service Schedule SL-1M Underground Street Lighting Service Schedule SL-2H Underground Street Lighting Service Schedule SL-3H Street Lighting Service Schedule SL-4B Service Regulations Page 3 Rev. 9/15/75
1 Carolina Power 4 Light Company (South Carolina Only)
RESIDENTIAL SERVICE SCHEDULE R-2T (All Electric)
AVAILABILITY This Schedule is available when electric service is used for domestic purposes in and about a resi-dential dwelling unit, including incidental electric service used on a farm, when permanently installed electric space heating equipment is the only type of space heating equipment installed for heating the entire dwelling unit and when electric service is used for all ocher domestic purposes, boarding including an house, approved water heater. A residential house served under this Schedule may be used as a fraternity house, tourist home, or like establishment, provided such residential house is one which ordinarily would be used as a private residence.
This Schedule is also available to separately metered individual apartments when the electric space heating is provided through the individual apartment meter. Electric service must be used for water heating and any cooling but may be provided through the individual apartment meter or through another meter.
Service under this Schedule is not available for separately metered farm operations, for farm service other than incidental, for commercial or industrial purposes, or for other uses not specifically provided for by the provisions herein, or for breakdown, standby, supplementary, or resale service.
INCIDENTAL FARM SERVICE Incidental farm service is that service used for the lighting of small farm buildings and the operation of miscellaneous motors of one horsepower or less not used in the production of farm products.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter.
TYPE OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, either single phase 3 wires, or three phase 4 wires, at Company's standard voltages of 240 volts or less.
MONTHLY RATE Single Phase Service 7.02c per kwh for the first 50 kwh 5.37c per kwh for the next 100 kwh 3.72c per kwh for the next 50 kwh 2.90C per kwh for the next 50 kwh 2.24c per kwh for the next 50 kwh 3.29C per kwh for the next 500 kwh 2.S4c per kwh for the next 1700 kwh 2.69c per kwh for the additional kwh Minimum Bill: $ 2.80 in all areas Three Phase Service The bill computed for single phase service plus $ 1.90 Multiple Dwelling Units When more than one residential housekeeping unit is served through the same meter, the $
2.80 minimum and the kilowatt hours in each of the energy blocks will be multiplied by the number of individual dwelling units served.
APPROVED WATER HEATER An approved water heater is an insulated standard storage type water heater of not less than 15 gallons rated capacity equipped with either one self-contained heating element or two self-contained non-simultaneous operating heating elements. The wattage rating of each element shall not exceed 5500 watts.
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to retail service will apply to all service supplied under this Schedule.
PAVHENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less than one year.
Service rendered under this Schedule is sub)act to the provisions of the Servi.ce Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule R-2S Effective for service rendered'n and after September 15, 1975 SCPSC Docket No. Order No.
Carolina Power 6 Lighc Company
{South Carolina Only)
RESIDENTIAL SERVICE SCHEDULE R-3T
{Water Heating)
AVAILABILITY This- Schedule is available vhen electric service is used for domestic purposes in and about a resi-dential dvelling unit ia which a Company approved electric vater heater is installed and used for vater heatiag purposes, including electric service used oa a farm and in the preparation of the farm's products Eor maxket. A residential house served under this Schedule may be used as a boarding house, fraternity house, tourist home, or like establishment, provided such residential house is one which ordinarily vould be used as a private residence.
Service under this Schedule is not available for processing {or handling) Eox'arket of fazm products produced by others, for separately metered farm operations, for individual motors ia excess oE 10 HP {except as provided belov), for highly seasoaal heating load ia excess of 10 KW connected, for an "All Electric" residential dwelling unit, Eor commercial or industrial purposes, or for other uses not specifically pro-vided for by the provisions herein, or for breakdown, standby, supplementary, ox resale service.
APPLICABILITY This Schedule is applicable to all electzic service of the same available type supplied to Customer' pzemises at one point of delivery through one kilowatt-hour meter.
TYPES OF SERVICE The types oE service to which this Schedule is applicable are alternating current, 60 cycles, either single phase 3 wires, or three phase 4 wires, at Company's standard voltages of 240 volts or less.
0 MONTHLY RATE Single Phase Service 7.02c per kwh for the first 50 kwh 5.37C per kvh fox the next 100 kwh 3 '2C per kwh for the next 50 kwh 2.90c per kwh for the next 50 kwh 2.24c per kwh for the next 50 kvh 3.29c per kwh Eor the next 500 kwh
) 3.68c per kwh fox'he additional kwh Minimum Bill: $ 2.80 in all areas Thxee Phase Service The bill computed for single phase service pIus $ 1.90 Multiple Dwelling Units
'When more than one residential housekeeping unit is served through the same meter> the $ 2.80 minimum and the kilovatt-hours in each of the energy blocks individual dvelliag units served.
vill be multiplied by the number of APPROVED WATER HEATER An approved water heater is an insulated standard storage type water heater of aot less than 15 gallons rated capacity equipped vith either one self-contained heating element or tvo self-contained non-simultaneous operating heating elements. The vattage rating of each element shall not exceed 5500 vates.
INDIVIDUALMOTORS Service to iadividual motors rated for more than 10 Hp vill not normally be permitted under this Schedule. However, ia exceptional cases, motors as large as 15 HF may be served upon approval by the Engineering Department.
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Adjustment Clause applicable to retail service vill apply to all service supplied under this Schedule.
PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less than one year.
Service rendered under this Schedule is sub)act to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule R-3S Effective for service rendered on and after September 15, 1975 SCPSC Docket No. Order No.
Carolina Power & Light Company (South Carolina Only)
RESIDENTIAL SERVICE SCHEDULE R-4R (General)
AVAILABILITY This Schedule is available when electric service is used for domestic purposes in and about a resi-dential dwelling unit, including electric service used on a fazm and in the preparation of the farm's products for market. A residential house served under this Schedule may be used as a boarding house, fraternity house, tourist home, or like establishment, provided such residential house is one which ordinarily would be used as a private residence.
Service under this Schedule is not available for processing (or handling) for market of farm products produced by others, for separately metered farm operations. for individual motors in excess of 10 HP (except as pzovided below), for highly seasonal heating load in excess of 10 KW connected, for an "All Electric" residential dwelling unit, for commercial or industrial purposes, or foz other uses not specifically pro-vided for by the provisions herein, or for breakdown, standby, supplementary, or resale service.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter.
TYPES OF SERVICE The types of service to which this Schedule is applicable aze alternating current, 60 cycles, either single phase 2 or 3 wires, or three phase 4 wires, at Company's standard voltages of 240 volts or lass.
MONTHLY RATE Single Phase Sezvice 7.02c per kwh for the first 50 kwh 5.37c per kwh for the next 100 kwh 3.72c per kwh for the next 100 kwh 3.07c per kwh for the next 50 kwh 4.01c per kwh for the next 400 kwh 3.68C per kwh for the additional kwh Minimum Bill: $ 2.80 in all areas Three Phase Service The bill computed for single phase service plus $ 1.90 Multiple Dwelling Units When more than one residential housekeeping unit is served through the same meter, the $ 2.80 minimum and the kilowatt-hours in each of the energy blocks will be multiplied by the number of individual dwelling units served.
INDIVIDUALMOTORS Service to individual motors rated for more than 10 HP will not normally be permitted under this Schedule. However, in exceptional cases, motors as large as 15 HP may be served upon approval by the Engineering Department.
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to retail service will apply to all service supplied under this Schedule.
PAYMENTS Bills are due when zendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Sezvice Regulations.
CONTRACT PERIOD The Contract Period shall not be less than one year.
Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule R-4P Effective for service rendered on and after September'5, 1975 POPNO Detket Ne. Order Ne'.
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Carolina Power & Light Company (South Carolina Only)
SMALL GENERAL SERVICE SCHEDULE G-1T AVAILABILITY Schedule is available for electric service (1) used by a commercial or industrial business and
'his (2) for any ocher use noc specfffcally excluded by the provisions hereof when Company does not own equip-ment, other than meters and metering equipment, on Customer's side of the point of delivery.
This Schedule is not available (1) for breakdown, standby, or supplementary service unless used in con5unction with the applicable Standby and Supplementary Service Rider for a contfnuous period of not less than one year, (2) for resale service, or (3) for service used only for domestic purposes in and about an individual dwelling unit.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter.
TYPE OF SERVICE I
The types of service to which this Schedule is applicable are alternating current, 60 cycles, single phase 2 or 3 wires, or three phase 3 or 4 wfres, at Company's standard voltages. When Customer desires two or more types of service, which types can be supplied from a sfngle phase 3 wire type or a three phase 4 wire type, without voltage transformation, only the one of these two types necessary for Customer's re-quirements will be supplied.
CONTRACT DEMAND The Contract Demand shall be the KW of demand specified in the Service Agreement.
MONTHLY RATE
$ 4.00 for the first 40 kwh or less 5.50c per kwh for the next 460 kwh*
2.60c per kwh for the next 2000 kwh 1.S3c per kwh for the additional kwh
- When the kw of Billing Demand exceeds 5 kw, add in this block 100 kwh for each of the first 5 kw of such excess and 80 kwh for each additional kw of such excess.
Minimum: In all areas $ 4.00 plus $ 2.75 for each kw of Billing Demand in excess of 5 kw, but, for three phase servfce, not less than the smeller of (1) the bill computed fn accordance wfth the preceding provisions plus $ 1.50 or (2) $ 12.00.
BILLING DEMAND The Billing Demand shall be the maximum KW registered during the current month by a demand meter suitable for measuring the demands used during a 15-minute interval. However, the Billing Demand shall not be less than the greater of (1) 90X of the maximum monthly 15-minute demand during the billing months of July through October of the preceding eleven billing months or (2) 50X of the maximum monthly 15-minute demand during the billing months of November through June of the preceding eleven billing months or (3) 75X of the Contract Demand until such time as the Billing Demand first equals or exceeds the effective Contract Demand.
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to retail service will apply to all service supplied under this Schedule.
PAYMENTS Bills are due when rendered and ere payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less than one year; except for short term or temporary service, the Contract Period may be for the period requested by Customer and in such event Customer agrees:
(1) That the service supplied shall be for a continuous period until discontinued, and (2) That where it is necessary for Company to extend lines, erect transformers, or do any work necessary to supply service, except the installation of a self-contained meter, Customer shall pay in advance the estimated cost of such work, including the installation of the metering equipment; and that the estimated cost shall include labor, materials, trans-,
portation and supervision of furnishing, installing and removing, less salvage value of such facilities.
Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule G-1N Effective for service rendered on and after September 15, 1975 SCPSC Docket No, I Order No.
2
Carolina Power & Light Company SEASONAL OR'INTERMITTENT SERVICE RIDER NO. 58 AVAILABILITY This Rider is available in con)unction with the Small General Service Schedule for a Customer whose electric service requirements are all taken from Company, whose operation is nozmally seasonal or varies greatly Erom month-to-month and whose actual kw demand for at least two consecutive months is less than 30 percent of the greater oE the Contract Demand or the maximum demand registered in the preceding ll months.
This Rider is also available to a Customer who is using less than one-halE of his Contract Demand during (1) his initial period of operation or (2) a period of reduced or suspended operations for at least three consecutive billing months.
This Rider is not available Eor short term, temporary, breakdown, standby oz supplementary service.
The pzovisions of the Small General Service Schedule aze modified only as shown herein.
BILLING
- 1. The monthly bill shall be an amount computed under the Small General Service Schedule for the Billing Demand established and the kilowatthours used during the curzent month. In months when service is not used the minimum monthly bill will not be applicable.
- 2. To the monthly bill for each of thzee consecutive months in each cont~act yeaz will be added a facilities charge of $ 1.60 for each kw times the gzeatez of (a) the Contzact Demand,.(b) the registered demand for the first facilities charge month or (c) the maximum 15-minute demand during the immediately preceding 11 months. For each contract year, the facilities charge wQ.1 begin the month specified in the Agreement but no later than the tenth billing month of the contract year. If in the initial contract year service is requested prior to the specified first facilities chazge month, bills will be rendered under the provision of paragraph (4) below.
- 3. From the monthly bill will be deducted a czedit of 40c for each kw of Billing Demand foz'he current month, but not more than one-Eourth of the monthly facilities charge billed for each of the three consecutive months in the current contract year.
- 4. During initial, reduced, or suspended operations the facilities charge. will be applied monthly and will be 40C for each kw difference between the maximum demand as determined in (2) above and the Billing Demand and the credit set forth in (3) will not be applicable.
BILLING DEMAND The Billing Demand shall be the maximum kw registered during the current month by a demand meter suitable Eor measuring the demand used during a 15-minute interval, sub)act to the following provisions.
- 1. When the monthly consumption falls below 50 kwh per kw oE metered demand, the Billing Demand will be estimated to be one kw for each 50 kwh used provided the demand requirements during the non-operating season drop below 30X of the Contract Demand.
- 2. Whenever Customer is usingservice, the Billing Demand shall not be less than 5X of the kw of the greater of the Contract Demand or the maximum 15-minute demand during the preceding 11 months.
REM)VAL OF FACILITIES If Customer is not using sezvice or is only parcially using service, Company may, after notice to Customer, remove any of its tzansformezs and other equipment (other than structures and conductors), or may substitute other equipment Eor that, which is being only partially used by Customer. In either event, Company will furnish and install, at its own expense, the same oz equivalent equipment, or any needed substitute equipment, at the time Customer notifies Company of his desire to resume taking service.
CONTRACT PERIOD The Contract Period shall not be less than one year, except for initial, reduced, or suspended operations.
Supersedes Rider No. 5F Effective: North Carolina - For service rendered on and after August 15, 1975 South Carolina - For service rendered on and after September 15, 1975 NCUC Docket No. E-2, Sub SCPSC Docket No. Order No.
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Carolina Power 4 Light Company (South Carolina Only)
GENERAL SERVICE SCHEDULE G-2P AVAILABILITY This Schedule is available for electric service (1) used by a commercial or industrial business and (2) for any other use not specifically excluded by the provisions hereof when Company does not own equip-ment, other than meters and metering equipmenc, on Customer's side of the point of delivery and when Customer contracts for not less than 50 kw.
This Schedule is not available (1) for breakdown, standby, or supplementary service unless used in con)unction with the applicable Standby and Supplementary Service Rider for a continuous period of not lese than one year, (2) for resale service, or (3) for short term or temporary service.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter.
TYPE OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, single
~ ~
phase 3 wires, or thzee phase 3 or 4 wires, at Company's standard voltages. When Customer desires two or more types of service, which types can be supplied from a single phase 3 wire type or a three phase 4 wire type, without voltage transformation, only the one of these two types necessary for Customer's requirements will be supplied.
CONTRACT DEMAND The Contract Demand shell be the KW of demand specified in the Service Agreement.
MONTHLY RATE h
$ 170.00 for the first 50 kw of Billing Demand
$ 2.93 per kw for all additional kw of Billing Demand 1.83C per kwh for all kwh BILLING DEMAND The Billing Demand shall be the maximum KW registered during the current month by a demand meter suitable for measuring the demands used during a 15-minute interval. However, the BQ.ling Demand shall not be less than=the greater of (1) 90Z of the maximum monthly 15-minute demand during the billing months 15-minute of July through October of the preceding eleven billing months or (2) 50Z of the maximum monthly demand during the billing months of November through June of the preceding eleven billing months or (3) 75Z of the Contract Demand until such time as the Billing Demand fizst equals or exceeds the effective Contract Demand, or (4) 50 KW.
FOSSIL FUEL ADJUST T The Fossil Fuel Ad)ustment Clause applicable to retail service will apply to all service supplied under this Schedule.
PAYHEHTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less than one year.
Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file Mith the state regulatory commission.
Supersedes Schedule G-2K Effective 'for service rendered on and after September 15, 1975 SCPSC Dockee No. , Order No.
Carolina Power & Light Company (South Carolina Only)
LARGE GENERAL SERVICE SCHEDULE G-3F AVAILABILITY This Schedule is available for electric service (1) used by a commercial or industrial business and (2) for any other use noc specifically excluded by the provisions hereof when Company does not own equip-ment, other than meters and metering equipment, on Customer's side of the point of delivery and when Customer contracts for not less than 1000 kw.
This Schedule is not available (1) for breakdown, standby, or supplementary service unless used in con)unction with the applicable Standby and Supplementary Service Rider for a continuous period of not less than one year, (2) for resale service, or (3) for short term or temporary service.
APPLICABILITY This Schedule is applicable to all electric service of the same avaQ.able type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter.
TYPE OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, three phase 3 or 4 wires, at Company's standard voltages of 480 volts or higher. When Customer desires two or more types of service, which types can be supplied from a three phase 4 wire type, without voltage trans-formation, only the one of these two types necessary for Customer's requirements will be supplied.
CONTRACT DEMAND The Contract Demand shall be the KW of demand specified in the Service Agreement.
$ 3,900.00 for the first 1000 kw of Billing Demand
$ 3.75 per kw for all additional kw of Billing Demand 1.53C per kwh for all kwh BILLING DEMAND The Billing Demand shall be the maximum KW registered during the current month by a demand meter suitable for measuring the demands used during a 15-minute interval. However, the Billing Demand. shall not be less than the greater of (1) 90X of the maximum monthly 15-minute demand during the billing months of July through October of the preceding eleven billing months or (2) 50K of the maximum monthly 15-"minute demand during the billing months of November through June of the preceding eleven billing months or (3) 75X of the Contract Demand until such time as the Billing Demand first equals or exceeds the effective Contract Demand, or (4) 1000 KW.
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to retail service will apply to all service supplied under this Schedule.
POWER FACTOR ADJUSTMENT When the power factor in the current billing month is less than 852, the monthly bill will be increased by a sum equal to $ 0,25 multiplied by the difference between the maximum reactive kilovolt-15-minute amperes (kvar) registered by a demand meter suitable for measuring the demands used during a interval and 62K of the maximum kw demand registered in the current billing month.
PAVHEHTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less than one year.
Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule G-3B Effective for service rendered on and after September 15, 1975 SCPSC Docket No. Order No.
Carolina Power & Light Company MILITARY SERVICE RIDER NO. 28B AVAILABILITY This Rider is available in conjunction with the Large General Service Schedule for electricity used on property operated as a training or testing base by a branch of the Armed Forces. Electric service hereunder may be redistributed by Customer to various points of use on contiguous property owned or controlled by Customer; however, Company may continue, in those areas presently contracted fox, to provide distribution facilities where the Customer is required by Federal Government regulations to supply electric service.
Service hereunder is not available (1) for breakdown, standby, or supplementary service unless used in conjunction with the Standby and Supplementary Service Rider for a continuous period of not less than five years, (2) for resale necessary for Company service to the general public, or (3) when it is to make uneconomical and impractical installations.
Supersedes Rider No. 28 Effective: North Caro1ina For service rendered on and after August 15, 1975 South Carolina For service rendered on and after September 15, 1975 NCUC Docket No. E-2, Sub SCPSC Docket No. Order No.
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Carolina Power 4 Light Company (South Carolina Only)
GUARANTEED LOAD FACTOR SERVICE SCHEDULE GLF-3K AVAILABILITY This Schedule is available for electric service used by a commercial or industrial business when Company does not own equipment, other than meters and metering equipment, on Customer's side of the point of delivery and when Customer contracts for not less than 10,000 kw.
4 This Schedule is not available (1) for breakdown, standby, or supplementary service unless used in con]unction with the applicable Standby and Supplementary Service Rider for a continuous period of not less than five years, (2) for resale service, or (3) for service to a Customer when any part of the service is metered by Customer and charged for in whole or in'art or when its use is limited in any way even though not separately charged for.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter, TYPE OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, three phase 3 or 4 wires, at Company's standard voltages ot 12,470 volts or higher.
CONTRACT DEMAND The Contract Demand shall be the KW of demand specified in the Service Agreement.
MONTHLY RATE Demand Charge
$ 129,450.00 for the first 10,000 kw of Billing Demand
$ 12.93 per kw for all additional kw of Billing Demand Energy Charge First 600 kwh per kw included in Demand Charge 1.3c per kwh for all additional kwh BILLING DEMAND The Billing Demand shall be the maximum KW registered during the current month by a demand meter suitable for measuring the demands used during a 15-minute interval." However, the Billing Demand shall not be less than the greater of (1) 90X of the maximum monthly 15-minute demand during the billing months of July through October of the preceding eleven billing months or (2) 50X of the maximum monthly 15~inute demand during che billing months of November through June of the preceding eleven billing months or (3) 75X of the Contract Demand until such time as the Billing Demand first equals or exceeds the effective Contract Demand, or (4) 10,000 KW.
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to retail service will apply to all service supplied under this Schedule.
POWER FACTOR ADJUSTMENT When the power factor in the current billing month is less than 95X, the monthly bill will be increased by a sum equal to $ 0.25 multiplied by the difference between'he maximum reactive kilovolt-amperes (kvar) registered by a demand meter suitable for measuring the demands used during a 15-minute incerval and 33Z of the maximum kw demand registered in the current billing month.
PAYMENTS Bills are due when rendered and are payable within 15 days from the dace of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations,
CONTRACT PERIOD The Contract Period shall not be less than five years.
Service rendered under this Schedule is sub)cot to the provisions of the Service Regulations of the Conpany on file with the state regulatory cotaission.
Supersedes Schedule GLP-3P Effective for service rendered on and after Septenber 15, 1975 SCPSC Docket No. Order No.
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Carolina Power & Light Company (South Carolina Only)
RURAL FARM SERVICE SCHEDULE RF IM AVAILABILITY This Schedule is available when electric service is used on a farm and in the preparation of the farm's products for market, provided such service is not metered in conjunction with a residence.
Service under this Schedule is not avai1able for pzocessing (or handling) for market of farm products produced by others, for separately metered seasonal farm operations of less than six months continuous and substantial use, for individual motors in excess of 10 HP (except as provided below), for highly seasonal heating load in excess of 10 161 connected, for commercial or industrial purposes, or for other uses not specifically provided for by the pzovisions herein, or for breakdown, standby, supplementary, or resale service.
This schedule is not available for new applications after August 14, 1975.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter.
TYPES OF SERVICE The types of service to which this Schedule is applicable are alternating curzent, 60 cycles, either single phase 2 or 3 wires, or three phase 4 wires, at Company's standard voltages of 240 volts or less.
MONTHLY RATE Single Phase Sezvice
$ 3.20 for the first 40 kwh or less 4.60c per kwh for the. next 310 kwh 3.81C per kwh for all additional kwh Three Phase Service The bill computed for single phase service plus $ 1.90.
INDIVIDUALMOZORS Service to individual motors rated foz more than 10 HP will not normally be permitted under this Schedule. However, in exceptional cases, motors as large as 15 HP may be served upon approval by the Engineering Department.
FOSSIL FUEL ADJUSTiibZ The Fossil Fuel Adjustment Clause applicable to retail service will apply to all service supplied under this Schedule, PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Servi.ce Regulations.
CONTRACT PERIOD The Contract Period shall not be less than one year.
Sezvice rendered under this Schedule is subject, to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule RF-1H Effective for service rendered on and after September 15, 1975 SCPSC Docket No. Order No.
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Carolina Power 6 Light Company.
(South Carolina Only)
CHURCH AND SCHOOL SERVICE SCHEDULE CS-1E AVAILABILITY This Schedule is available for electric service used in a church plant contracting to pay for service for twelve months in each calendar year when Company does not own equipment, other than meters or metering equipment, on Customer's side of the point of delivery.
This Schedule is also available for electric service used in educational and recreational buildings operated as an educational institution of elementary or high school level provided that no part of the school is used for boarding facilities to accommodate students or faculty members.
This Schedule is not available for service to other types of schools, such as an industrial, vocational or training school, or for service to a building which is wholly or partially used for other purposes not specifically provided for by the provisions of this Schedule or for breakdown, standby or supplementary service.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer's premises at one point of delivery through one kilowatt-hour meter.
TYPE OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, single phase 2 or 3 wires, or three phase 3 or 4 wires, at Company's standard voltages. When Customer desires two or more types of service, which types can be supplied from a single phase 3 wire type or a three phase 4 wire type, without voltage transformation, only the one of these two types necessary for Customer's requirements will be supplied.
MONTHLY RATE
$ 4.00 for the first 40 kwh or less 5.50C per kwh for the next 460 kwh 3.75C per kwh for the additional kwh FOSSIL FUEL ADJUSTMENT The Fossil Fuel Adjustment Clause applicable to retail service will apply to all service supplied under this Schedule.
PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTEACT PERIOD The Contract Period shall not be less than one year.
Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule CS-1A Effective for service rendered on and after September 15, 1975 SCPSC Docket No. Order No.
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Carolina Power & Light Company (South Carolina Only)
CHURCH AND SCHOOL SERVICE SCHEDULE CS-2E AVAILABILITY This Schedule is available when permanently installed electric space heating equipment is the only type of space heating equipment installed in either (1) all parts of the church plant, (2) in the church sanctuary and pertinent rooms thereto, (3) in all parts of the church plant, except the parts contained in item (2), (4) in a newly constructed church educational building with not less than fifty percent of the floor area of the existing church plant, excluding the parts contained in item (2), or (5) any separately metered church building comprising a part of the church plant.
This Schedule is also available for electric service used in educational and recreational buildings operated as an educational institution of elementary or high school level, when perma-nently installed electric space heating equipment is the only type of equipment installed for space heating purposes and all installed cooking and water heating equipment is electrical provided that no part of the school is used for boarding facilities to accommodate students or faculty members.
This Schedule is not available for service to other types of schools, such as an industrial, vocational or training school, or for service to a building which is wholly or partially used for other purposes not specifically provided for by the provisions of this Schedule or for breakdown, standby or supplementary service.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer's premises at one point of delivery through one kilowatt-hour meter.
TYPE OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, single phase 3 wires, or three phase 3 or 4 wires, at Company's standard voltages. When Customer desires two types of service, which types can be supplied from a three phase 4 wire type, without voltage transformation, only the three phase 4 wire type will be supplied.
MONTHLY RATE
$ 4.00 for the first 40 kwh or less 5.00C per kwh for the next 460 kwh 2.75C per kwh for the additional kwh FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to retail service will apply to all service supplied under this Schedule.
PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regu-lations.
CONTRACT PERIOD The Contract Period shall not be less than one year.
Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
I Supersedes Schedule CS-2A Effective for service rendered on and after September 15, 1975 SCPSC Docket No. Order No.
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.J II
Carolina Power & Light Company (South Carolina Only)
APARTMENT HOUSE SERVICE SCHEDULE AH 1L AVAIIABILITY This Schedule is available for electric service when (1) used for heating an entire building construct-ed primarily for apartment units, (2) each individual apartment is separately metered, and (3) each com-mercial establishment vithin the apartmeat building is either separately metered or metered in groups.
Electric service used for vater heating, cooling, domestic cooking, and general house usage (i.e., hall and exit lights, elevators, lobby lights) may be provided under this Schedule vhen metered in conjunction with the heating requirements. Only space heating, water heating and cooling service may be provided to can-mercial establishments through the meter serving the apartment building and then only when such services are provided for the entire building.
Service under this Schedule is available for separately metered laundry facilities installed solely for the use oE the apartment occupants vhen total electric space heating service is provided under this or any other applicable schedule. In addition to the laundry equipment, only water heaters used exclusively for the lauadry, space heating for the laundry area and incidental lighting may be served through the laundry meter.
Service under this Schedule is not available (1) when another source oE commercial energy is used with-in any portion of the building, (2) for other than laundry facilities, when the heating requirements Eor one or more apartments are supplied through the iadividual apartment meter, (3) for other use not specifi-cally provided for by the provisions herein, or (4) for breakdown, standby, supplementary or resale service.
This Schedule is not available Eor nev applications after August 14, 1975 .
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one poiat of delivery throught one kilowatt-hour meter.
TYPES OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, either single phase 3 vires, or three phase 4 wires, at Company's standard voltages oE 240 volts or less.
MONTHLY RATE Single Phase Service
$ 4.00 for the first 40 kwh or less 3'.05c per kwh for all additional kwh, plus*
~en the kwh used for cooking are billed under this Schedule, add $ 0.25 per dwelling uait.
Three Phase Service The bill computed for single phase service plus $ 1.90.
FOSSIL FUEL AMUSTiiENT The Fossil Fuel Adjustment Clause applicable to retail service will apply to all service supplied under this Schedule.
INDIVIDUALMETERS Separately metered individual apartments, commercial establishmeats or other uses vill be billed under the applicable rate schedule.
PAYIIEIITS Bills are due vhen rendered and are payable vithin 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance vith its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less thea one year.
GENERAL Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule AH-1G Effective for service rendered on and after September 15, 1975 SCPSC Docket No. Order No.
Carolina Power & Light Company (South Carolina Only)
SHOPPING CENTER SERVICE SCHEDULE SC-1M AVAILABILITY This Schedule is available for electric service used only by electric space heating and cooling equipment when both are installed in a large shopping center where the operator furnishes both the heating and cooling requirements as a part of tenant's rent; provided such electric service is supplied for the shopping center at a central location(s) rather than at each tenant's premises. Electzicity supplied under this Schedule may be used for the operation of air-handling equipment within the mall area when such air-handling equipment is an integral part of the heating and cooling equipment used specifically for the mall area. The shopping center shall consist of five or more stores with individual tenants, each metered separately.
When the shopping center meets the conditions stated above, Ccmpany will supply multiple points of delivery which, in its opinion, are necessary, and this Schedule will be available to each such point where (1) both space heating and space cooling are served or (2) either space heating or space cooling is served and at least 257, of the capacity of the transformer installation is required to serve loads other than those to which this Schedule is available.
This Schedule is not available to any portion of a shopping center where the space heating or cooling equipment uses an enezgy source other than electricity, for other uses not specifically provided for by the provisions herein oz for breakdown, standby, supplementary, or resale service.
This Schedule is not available for new applications after August 14, 1975.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to customer' premises through one kilowatt-hour meter for each point of delivery.
TYPE OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, three phase 3 or 4 wires, at Company's standard voltages of 480 volts or less.
MONTHLY RATE
$ 4.00 for the first 40 kwh or less 2.9C per kwh for all additional kwh FOSSIL FUEL AMUSTMENZ The Fossil Fuel Adjustment Clause applicable to retail service will apply to all service supplied under this Schedule.
INDIVIDUALPETERS Separately metered individual commercial establishments or other uses will be billed under the applicable rate schedule.
PAYMENTS Bills aze due when rendered and aze payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less than one year.
GENERAL Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule SC-1H Effective for service rendered on and after September 15, 1975 SCPSC Docket No. Order No.
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Carolina Power 6 Light Company (South Carolina Only)
SPORTS FIELD LIGHTING SCHEDULE SFL-1N AVAILABILITY This Schedule is available for electric service used for lighting specially designed outdoor fields which are normally used for football, baseball, softball, tennis, races and other organized competitive sports.
This Schedule is not available for breakdown, standby> supplementary or resale service.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter.
TYPE OF SERVICE The types of service to which this Schedule is applicable are alternating current, 60 cycles, either single phase 2 *ires, or three phase 3 or 4 wires, at Company's standard distribution voltage available for the area or the voltage at which an installation was served on December 1, 1973, EXTENSION OP FACILITIES Company wi11 make the type of service agreed upon available to Customer, provided Customer will pay to Company the total estimated cost of extending, or increasing, the capacity of Company's facilities located on Company's side of the point of delivery, exclusive of the material cost of transformers and the entire cost of the meter installation.
MONTHLY RATE
$ 1.15 for the first 15 kwh or less per kw of demand 4.0C per kwh for all the additional kwh BILLING DEMAND The Billing Demand shall be the maximum kw registered during the current month by a demand meter suitable for measuring the demands used during a 15-minute interval but not less than the maximum kw previously registered during the current season (period of continuous connection) .
FOSSIL FUEL AMUSTMENT The Possil Fuel Ad)ustment Clause applicable to retail service will apply to all service supplied under this Schedule.
BILLING The billing to Customer will be continuous from the beginning to the end of each complete season, or period of special use, and service will not be disconnected until the end of each complete season or period of special use. If the season or period of use is for less than 30 consecutive days, Customer will be billed the estimated cost of connecting and disconnecting service, which estimated cost shall not be less than $ 10.00.
PAYMENTS Rills ara dua rhea tendered cud are payabla uithia IS days fro tha date of the bill. If any bill is not so paid> Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD estimated cost The Contract Period shell not'e lese than one month, unless Customer agrees to pay the of connection and disconnection, which estimated cost shall not be less than $ 10.00.
GSNNNAI under this Schedule is subject to che provisioas of the Service Reiulations of cbs Service reader d Company on file with the state regulatory commission.
Supersedes Schedule SFL-1J Effective for service rendered on and after September 15, 1975 SCPSC Docket No. urdar
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Carolina Power & Light Company (South Carolina Only)
SMALL MUNICIPAL PUMPING SERVICE SCHEDULE MP"1L AVAILABILITY This Schedule is available for electric service used in pumping plants owned and operated only by a municipality, incorporated sanitary district, or other governmental unit, for the purpose of supplying a retail water service or sewage disposal service, when Company does not own equipment, other than meters and metering equipment, on Customer's side of the point of delivery.
This Schedule is not available for breakdown, standby, supplementary or resale service.
APPLICABILITY This Schedule is applicable to all electric service of the same available type supplied to Customer' premises at one point of delivery through one kilowatt-hour meter.
TYPE OF SERVICE The types of service to which this Schedule is applicable aze alternating current, 60 cycles, single phase 2 or 3 wizes, or tHree phase 3 or 4 wires't Company's standard voltages. When Customer desires two oz more types of service, which types can be supplied from a single phase 3 wire type or a three phase 4 wire type, without voltage transformation, only the one of these two types necessary for Customer's re-quirements will be supplied.
COiVAACT DEMAND h
The Contract Demand, shall be the KW of demand specified in the Service Agreement.
MONTHLY RATE 3.80c per kwh for the first 500 kwh" 2.40C per kwh for all additional kwh, except 1.83C per kwh for the kwh used in excess of 10,000 kwh and 200 kwh per kw
- When the Billing Demand exceeds 5 kw, add 100 kwh for each kw of such excess.
$ 4.00 plus $ 2.35 for each kw of Billing Demand in excess of 3.0 kw.
BILLING DEMAND The Billing Demand shall be the maximum KW registered during the current month by a demand meter suitable for measuring the demands used duzing a 15-minute interval. However, the Billing Demand shall not be less than the greater of (1) 90X of the maximum monthly 15-minute demand during the billing months of July through October of the preceding eleven billing months or (2) 50X of the maximum monthly 15-minute demand during the billing months of November through June of the preceding eleven billing months or (3) 75X of the Contract Demand until such time as the Billing Demand first equals or exceeds the effective Contract Demand.
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to retail service will apply to all service supplied under this Schedule .
FIRE PUMPS Demand charges for equipment used exclusively for fire pumps or similar emergency service shall be waived for billing purposes provided Customer advises Company within 48 hours5.555556e-4 days <br />0.0133 hours <br />7.936508e-5 weeks <br />1.8264e-5 months <br /> after the operation of such equipment for fire or other emergency service. Customer may operate such equipment for test purposes during prearranged periods satisfactory to Company, and the demands created by such prearranged test operations will be ignored for billing purposes.
Customer shall pay to Company cost of local facilities, including transformers, or the pro rata portion of total cost of facili.ties provided to supply service for emergency equipment.
PAYMENTS Bills are due when zendered and are payable within 15 days fzom the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less than five years.
Service rendered under this Schedule is sub5ect to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule MP-10 Effective for service rendered on and after September 15, 1975 SCPSC Docket No. O~der No.
Carolfna Pover 4 Lfght Company (South Carolina Only)
LARGE MUNICIPAL PUMPING SERVICE SCHEDULE MP-2L AVAILABILITY This Schedule is available for electric service used in pumping plants owned and operated only by a municipality, incorporated sanitary district, or other governmental unit, for the purpose of supplying a zetail water service or sewage disposal service, when Company does not own equipment, other than meters and metering equipment, on Customer's side of the point of delivery, This Schedule is not available for breakdown, standby, supplementary or zesale service.
APPLICABILITY This Schedule is applicable to all electric service oE the same available type supplied to Customer' premises at one point of delivery through one kilovatt-hour meter.
TYPE OF SERVICE The types of service 'to which this Schedule is applicable are alternating current, 60 cycles, single phase 2 or 3 wires, or three phase 3 or 4 wires, at Company's standard voltages. When Customer desires two or more types of service, vhich types can be supplied from a single phase 3 wire type ot a thtee phase 4 wire type, without voltage transformation, only the one of these two types necessary for Customer's require-ments vill be supplied.
CONTRACT DEMAND The Contract Demand shall be the KW of demand specified fn the Service Agxeement.
MONTHLY RATE
$ 160.00 for the first 50 kv of Billing Demand
$ 2.60 per kv for all additional kv of Billing Demand 1.83c per kvh for all kwh BILLING DEMAND The Bfllfng Demand shall be the maximum KW registered during the current month by a demand meter suf table for measur fng the demands used during a 15-minute interval. Hovever, the Billing Demand shall not be less than the greater of (1) 90Z of the maximum monthly 15-minute demand during the billing months of July through October of the ptecedfng eleven billing months or (2) 50Z of the maximum monthly 15-minute demand duzing the billing months of November through June of the preceding eleven billing months or (3) 75Z of the Contzact Demand until such time as the Billing Demand first equals or exceeds the efEective Contract Demand, or (4) 50 KW.
FOSSIL FUEL ADJUSTMENT The Fossil Fuel Ad)ustment Clause applicable to retail service vill apply to all service supplied under this Schedule, FIRE PUMPS Demand chazges for equipment used exclusively for ffre pumps or similar emergency service shall be vaived fox billing puzposes provided Customer advises Company within 48 hours5.555556e-4 days <br />0.0133 hours <br />7.936508e-5 weeks <br />1.8264e-5 months <br /> after the opezation of such equipment for fire or other emergency service. Customer may operate such equipment Eor test purposes during prearranged periods satisfactory to Company, and 'the demands created by such prearranged test operations vill be ignored for billing purposes.
Customer shall pay to Company cost of local facilities, includfng transformers, or the pro rata portion oE total cost of facilities provided to supply service for emergency equipment.
PAYMENTS Bills aze due when rendered and are payable vfthin 15 days from the date of the bill. If any bill is not so paid, Company has the rfght to suspend service in accordance with'ts Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less than five years.
GENERAL Service rendered under this Schedule is sub)ect to the provisions of the Service Regulations of the Conpany on file with the state regulatory comnission.
Supersedes Schedule MP-2G Effective for service rendered on and after Septenber 15, 1975 SCPSC Docket No. Order No.
Carolina Power 6 Light Company (South Carolina Only)
TRAFFIC SIGNAL SERVICE SCHEDULE TS-lE AVAILABILITY This Schedule is available for electric service supplied for the operation and illumination of traffic signals installed along public and private highways where Company has an existing secondary distribution line.
INSTALLATION The Company, for each signal or group of signals operating from one controller, will make its connection to Customer's service wire at a point one foot below the lowest support, carrying existing 120/240 volt conductors, or the equivalent, on the nearest pole. Customer will furnish, install, and maintain all service wires, fixtures, and other necessary equipment, including lamps and lamp renewals, for the installation and operation of all traffic signals.
TYPE OF SERVICE Alternating current, 60 cycles, single phase, 2 wires, 120 volts nominal.
DEFINITIONS A One-Way Signal is a signal with only one face which can be seen from only one approach.
A Multi-Direction Signal is a signal with more than one face each of which can be seen from only one approach.
MONTHLY RATE MONTHLY RATE PER SIGNAL With Lamps of 70 Watts or less (1) With Lamps of 150 Watts or less TYPE OF SIGi%LL 0 cretin for a Maximum Da of cretin for a Maximum Da of 16 Hours 24 Hours 16 Hours 24 Hours Blinker Signal with One Lamp . . . . . . . . . . $ 0.75 $ 1.05 $ 1.55 $ 2.00 One-way Signal with One Lamp . . . . . . , . . . $ 0.85 $ 1. 10 $ 1.95 $ 2.70 Two Lamps Three Lamps Four Lamps I
1.20 1.30 1.60 1.55
- 1. 70 2.05 2.70 2.80
- 3. 75 3.55
- 3. 75 4.95 (1) When a customer elects to install a lamp of 120 watts or less, in lieu of 70 watts or less, in the red cycle of a One-way Signal with two or more lamps, then the rates for all One-way Signals with two >
three or four lamps will be increased by $ 0.35 and $ 0.45, respectively, for 16 hours1.851852e-4 days <br />0.00444 hours <br />2.645503e-5 weeks <br />6.088e-6 months <br /> and 24 hours2.777778e-4 days <br />0.00667 hours <br />3.968254e-5 weeks <br />9.132e-6 months <br /> of operation.
Multi-Direction Signal The rate for a Multi-Direction Signal is the sum of the applicable One-way Signal rate for each face of the Multi-Direciion Signal.
Minimum: The amount computed under the above rates but not lese than $ 4.00.
PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less than one year.
Service rendered under this Schedule is subject to the provisions of the Service Regulations of the Company on file with the state regulatory commission.
Supersedes Schedule TS-1B Effective for service rendered on and after September 15, 1975 SCPSC Docket No. Order No.
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Carolina Power 6 Light Company (South Carolina Only)
AREA LIGHTING SERVICE SCHEDULE AL-1G AVAILABILITY This 'Schedule is available for service supplied in the lighting of outdoor areas, private streets and private driveways by 'means of-mercury vapor or sodium vapor lighting units. Lighting units will be bracket mounted on Company-owned poles and the mercury vapor lamps will be color corrected.
This Schedule is not available for the lighting of dedicated streets or highways.
SERVICE Prior to installing area lighting facilities, customer, and Company must execute Company's form entitled Application for Area Lighting Service. The service supplied by Company will include the installation and operation, according to Company standards and requirements, of the area lighting units and will include the furnishing of electricity required for the illumination of the lamps from dusk to dawn. Company will perform as soon as practicable, during regular working hours, the necessary maintenance to restore illumination after customer has notified Company that a lamp is not burning. The nominal lumen rating of the lighting units listed under the Monthly Rate indicates the class of lamp.
MONTHLY RATE PER LIGHTING UNIT Basic Rate The basic rate does not include the monthly charges for additional facilities as set forth below or the contributions required under this Schedule.
Li htin Units Overhead Service Under round Service Wood Pole Wood Pole Metal Pole One Unit Two Units One Unit Two Units One Unit Two Units Per Pole Per Pole Per Pole Per Pole Per Pole Per Pole Mercu Va or Units 7000 lumen semi-enclosed $ 4.95 $ 4.10 $ 9.20 $ 6,0S $ 11.80 $ 7.SO 7000 lumen enclosed 6.05 4.60 10.35 6.90 12.95 8.35 7000 lumen post type N/A N/A 12.95 N/A 12.95 N/A 21000 lumen enclosed 8.05 6.65 12.95 9.20 16.10 10.65 21000 lumen flood 10.05 8.65" 14.95 11.25* 18.10 12.65*
60000 lumen enclosed 13.80 12.10 19.25 14.95 22.40 16.40 60000 lumen flood 16,10 14.40~ 21.55 17.25* 24.70 18.70*
Sodium Va or Units
'35000 lumen enclosed 10.20 8.60 15.00 11.00 18.10 12.70 50000 lumen enclosed 13. 00 11.05 18.50 13.85 21.60 15.60
- Up to four (4) 21000 lumen or 60000 lumen flood lighting units may be installed on one pole. The Monthly Rate per lighting Unit will be as shown for the two units per pole.
Additional Re uired Facilities If the providing of lighting service requires the installation of poles ocher than those on which lighting units are installed, an extension of Company's primary conductors, the installation of a distribution transformer used only for the lighting service, or the installation of secondary underground conductors in excess of the footage stated below, the following monthly charges will be added to the basic charges.
(1) For each such wood pole $ 1.50 (2) Por distribution transformer and/or primary conductors:
Agreements prior to March 1, 1973, 1.25 percent of the estimated installed cost.
Agreements on and after March 1, 1973, 2.0 percent of the estimated installed cost ~
(3) For each span of underground secondary conductor in excess of the following:
7000 Lumen Unit 150 feet 21000 Lumen Unit 175 feet 60000 Lumen Unit 225 feet 35000 Lumen Unit 175 feet 50000 Lumen Unit 225 feet Agreements on and after March 1, 1973, 2.0 percent of the estimated installed cost ~
NONREPUNDABLE CONTRIBUTION A customer receiving service from underground conductors will make a nonrefundable contribution for the following:
(1) Estimated additional cost of installing cable under paved areas.
.(2) Estimated additional cost incurred due to encountering rock or other obstruction.
CONVERSION OP OVERHEAD CONDUCTORS Service supplied under the Monthly Rate for Underground Service in this Schedule does not include the conversion of existing overhead secondary conductors to underground. Should the customer desire such a conversion under this Schedule, customer will contribute to Company, in addition to the applicable contri-butions above, the estimated net loss in salvage value of the overhead facilities being removed. The customer will thereafter pay the applicable rate for underground service.
PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall be not less than three years for overhead service and not less than five years for underground service and shall extend from year to year thereafter until terminated by the customer or Company. The customer may terminate the Agreement before the expiration of th'e initial Con>>
tract Period by paying to Company a sum of money equal to 40 percent of the bills which otherwise would have been rendered for the unexpired months of the initial Contract Period.
Company may requite the customer to initially make a termination deposit which will not exceed the termination amount computed in accordance with the above paragraph. Such termination deposit will be refunded in equal amounts at the end of each full year service is rendered. This annual refund will be the termination deposit divided by the number of years in the Contract Period.
Service rendered under this Schedule is subject to the provisions of Company's Service Regulations filed with the state regulatory commission.
Supersedes Schedule AL>>lC
. Effective for service rendered on and after September 15, 1975 SCPSC Docket No. , Order No.
Carolina Power & Light Company (South Carolina Only)
POLE TYPE STREET LIGHTING SERVICE SCHEDULE SL-IM (Overhead Conductors)
AVAILABILITY This Schedule is available for service supplied in the lighting of dedicated public streets, highways, municipally owned and operated public parking lots, and municipally owned and operated public parks by means of incandescent, mercury vapor and sodium vapor lighting units mounted on Company owned poles. This Schedule is also available for continuous service to other installations which were being served on April 1, 1973 under the superseded Scheduld SL-1G.
This Schedule is not available in areas where the primary and secondary distribution system is installed underground or in residential areas where the primary and secondary distribution system is installed overhead along rear property lines. This Schedule also is not available Eor the lighting of outdoor areas, private streets or private driveways, unless service was being furnished on April 1, 1973 under Company's superseded Schedule SL-lG.
SERVICE The service supplied by Company wi,ll include the installation oE a street lighting system, according to Company's standards and requirements, which will be owned, maintained and operared by Company, including the furnishing of the electricity required for the illumination of the lamps from dusk to dawn. When a metal pole is installed, the customer will make a nonrefundable contribution equal to the total installed cost of the metal pole in excess of $ 75.00 for each pole. The nominal lumen ratings oE lighting units listed under the Monthly Rate indicate the class of lamp.
MONTHLY RATE PER LIGHTING UNIT Basic Rate The basic rate does not include the monthly charges for additional facilities or for lese than ten units or the contribution, if any, required under this Schedule and under the Street Lighting Service Regulations.
Monthly Incandescent Li htin Units ~Char a 2500 lumen open unit - bracket Mounted $ 2.30
- on mast arm or center suspension 2 '5 6000 lumen enclosed unit 4,25 10000 lumen enclosed unit 5.80 Mercu Va or Li htin Units 7000 lumen semi-enclosed unit 4.10 7000 lumen enclosed unit 4a50 21000 lumen enclosed unit 6.20 60000 lumen enclosed unit 11.95 Sodium Va or Li htin Units 35000 lumen enclosed unit 8<<10 50000 lumen enclosed unit 10.15 Additional Facilities If providing the lighting service requires an extension of Company's primary conductors, requires the use of other than Company's standard brackets or mast arms, requires the installation of one or more poles, or if a metal pole is installed at Customer' request, the following monthly charges will be added to the basic charges.
(1) For each special street lighting wood pole $ 0.85 (2) For each special street lighting metal pole (see SERVICE provision) 1.35 (3) For each system street lighting metal pole (see SERVICE provision) 0.50 (4) For an extension of primary conductors - 2.0X of estimated installed cost of the required facilities.
(5) For a bracket or mast arm in excess of six feet on a metal pole or 16 Eeet on a wood pole - 2,0X of the estimated additional installed cost of all required facilities.
Less Then Ten Li htin Units When the total number of lighting units billed to a customer under a contract containing this and any other applicable street lighting schedule is less than ten units, a sum of money equal to twenty-five cents (S0.25) times the difference between ten and the number of lighting units billed under the contract will be added to customer's monthly billing.
PASNNNP S Bills are 'due .when rendered and are payable within 15 days from the date of the bill. If any bill is the right to suspend service in accordance with its Service Regulations.
not so paid, Company has CONTRACT PERIOD The Contract Period shall not be'ess than 10 years.
GENERAL Service rendered under this Schedule is sub]ect to the provisions of Company's Street Lighting Service Regulations filed with the state regulatory commission.
Supersedes Schedule SL-1J Effective for service rendered on and after September 15, 1975 SCPSC Docket No. , Order No.
Carolina Power 6 Light Company (South Carolina Only)
- UNDERGROUND STREET LIGHTING SERVICE SCHEDULE SL-2H AVAILABILITY This Schedule is available for sezvice supplied in the lighting of dedicated public stx'eats, highways, municipally owned and operated public parking lots, and municipally owned and operated public parks by means of mezcury vapor and sodium vapor lighting units. This Schedule is also available for continuous service to other installations which were being sezved on Apxil,l, 1973, under the superseded Schedule SL-2C. The lighting units normally will be bracket mounted on Company-owned standard metal poles; however, wood poles are available.
This Schedule is not available for the lighting of outdoor areas, private streets, or private driveways, unless sezvice was being furnished on April 1, 1973, under Comps'ny's superseded Schedule SL-2C.
SERVICE The service supplied by Company will include the installation of an underground street lighting system, according to Company's standards and requirements, which will be owned, maintained and operated by Company, including the fuznishing of, the electzicity required for the illumination of the lamps from dusk to dawn. The nominal lumen ratings of lighting units listed under the Monthly Rate indicate the class of lamp o MONTHLY RATE PER LIGHTING UNIT Basic Rate The basic rate does not include the monthly credit for )oint installation or the monthly charge for additional facilities or the monthly charge for less than ten units or the contribution, if any, required under this Schedule and the Stzeet Lighting Sezvice Regulations, Monthly Charge One Li htin Unit Per Pole Wood Pole Metal Pole Mercu Va or 7000 lumen semi-enclosed unit $ 6.50 $ 7.30 7000 lumen enclosed unit 6 '0 7.70 7000 lumen post type unit 7.70 7.70 21000 lumen enclosed unit 9.10 10.65 60000 lumen enclosed unit N/A 15. 10
~Sodd m Vo or 35000 lumen enclosed unit 17.10 19.60 50000 lumen enclosed unit N/A 21.20 Two Li htin Units Per Pole Mercu Va or 7000 lumen semi-enclosed - per lighting unit 4.90 5.30 7000 lumen enclosed - per lighting unit 5.30 5.70 21000 lumen enclosed - per lighting unit 7.40 8.15 60000 lumen enclosed - per lighting unit N/A 12.55
~So dium V or 35000 lumen enclosed - per lighting unit 12.20 13.45 50000 lumen enclosed - per lighting unit N/A 15.25 Credit for Joint Installation The following cxedit will apply for each street lighting pole where seventy-five percent (75Z) ox more of the. span of stzeet lighting cable is installed at the same time and in the same tzench as the underground distribution system:
7000 lumen mercury unit $ 1.25 per pole 21000 lumen mercury unit 0.75 per pole 60000 lumen mercury unit 0.95 per pole
~ 35000 lumen sodium unit 2.10 per pole 50000 lumen sodium unit 1.65 per pole
Additional Facilities If providing the lighting service zequires an extension of Company's primary conductors, requires the use of other than Company's standazd brackets or requires the installation of a span of street lighting cable in excess of the footage shown below, the following monthly charges will be added to the basic charge:
(1) For an extension of primary conductors - Z.OX of the estimated installed cost of the requized facilities.
(2) For any mast azm - 2.0X of the estimated installed cost of all required facilities in excess of those required for a bracket mounted unit. A bracket is 6 feet or less and a mast azm is over 6 feet in length.
(3) For a span of street lighting cable in excess of the footage shown below - 2.0X of the estimated installed cost of such overages (1.5X for customers served prior to December 1, 1973.) The cost of each overage will be computed individually by multiplying the number of feet of excess length of cable in the span by the average installed cost per foot of that span.
7000 lumen units 250 feet 21000 lumen units 225 feet 60000 lumen units 200 feet 35000 lumen units 225 feet 50000 lumen units 200 feet Less Than Ten Li htin Units When the total number of lighting units billed to a customer under a contract containing this and any other applicable street lighting schedule is less than ten units, a sum of money equal to twenty-five cents ($ 0.25) times the difference between ten and the number of lighting units billed under the contract will be added to customer's monthly billing.
NONREFUNDABLE CONTRIBUTION A customer receiving service under this Schedule will make a contribution foz the following:
(1) In the event that rock, unstable soil, or other conditions require the use of materials and methods of installation other than Company's normal materials and methods, customer will contribute the additional cost incurred thereby.
(2) The estimated cost of installing cables under paved areas; however, the customer may cut and
-replace t'e pavement in lieu of making the contribution.
CONVERSION OF OVERHEAD CONDUCTORS Service supplied under the Monthly Rate in this Schedule does not include the conversion of existing overhead street lighting circuits to underground. Should the customer desire such a conversion under this Schedule, customer will pay to Company, in addition to the applicable contribution above, the estimated net investment depreciated, plus zemoval cost> less salvage value of the overhead conductor being removed.
PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shall not be less than 10 years.
Service rendered under this Schedule is sub5ect to the provisions of Company's Street Lighting Service Regulations filed with the state regulatory commission.
Supersedes Schedule SL-2E Effective. for service rendered on and after September 15, 1975 SCPSC Docket No. Order No.
Carolina Power & Light Company (South Carolina Only)
UNDERGROUND STREET LIGHTING SERVICE SCHEDULE SL-3H (Customer Participation)
AVAILABILITY This Schedule is available for sezvice supplied in the lighting of dedicated public streets, municipally owned and operated public parking lots, and municipally owned and operated public parks by means of mercury vapor and sodium vapor lighting units. The lighting units normally will be bracket mounted on Company-owned standard metal poles; however, wood poles are available.
This Schedule is not available for the lighting of highways, outdoor azeas, private streets, or private driveways.
SERVICE The service supplied by Company will include the installation of an underground street lighting system, according to Company's standards and requirements, which will be owned, maintained and operated by Company, including the fuznishing of the electricity required for the illumination of the lamps from dusk to dawn.
The nominal lumen ratings 'of lighting units listed under the Monthly Rate indicate the class of lamp.
MONTHLY RATE PER LIGHTING UNIT Basic Rate The basic rate does not include the monthly charges for additional facilities or for less than ten units or the contribution zequired under this Schedule and under the Street Lighting Service Regulations.
Monthly Chazge One Li htin Unit Per Pole Wood Pole Metal Pole Mercu Va or 7000 lumen semi-enclosed unit 8 4.95 8 5.45 7000 lumen enclosed unit 5.35 5.85 7000 lumen post type unit . 5.85 5.85 21000 lumen enclosed unit 7.05 7.55 60000 lumen enclosed unit N/A 13.30
~Sdiu Va or 35000 lumen enclosed unit 8.95 9.45 50000 lumen enclosed unit N/A 11.50 Two Li htin Units Per Pole Mercu Va or 7000 lumen semi-enclosed - Per Lighting Unit 4.55 4.80 7000 lumen enclosed - Per Lighting Unit 4.95 5.20 21000 lumen enclosed - Per Lighting Unit 6.65 6.90 60000 lumen enclosed - Per Lighting Unit N/A 12.65
~Sodl. Va 01 35000 lumen enclosed - Per Lighting Unit 8.55 8.80 50000 lumen enclosed - Per Lighting Unit N/A 10.85 Additional Facilities If providing the street lighting service requires an extension of primary conductors or requires the use of other than Company's standard brackets, the following monthly charge will be added to the basic charges:
(1) For an extension of primary conductors - 2.02 of the estimated installed cost of the required facilities.
(2) For any mast azm - 2.02 of the estimated installed cost of all required facilities in excess of those required for a bracket mounted unit. A bracket is 6 feet or less and a mast azm is over 6 feet in length.
Less Than Ten Li htin Units When the total number of lighting units billed to a customer under a contract containing this and any other applicable stzeet lighting schedule is less than ten units, a sum of money equal to twenty-five cents ($ 0.25) times the difference between ten and the numbez of lighting units billed under the contract will be added to customer's monthly billing.
NONRBPUNDABLE CONTRIBUTION Installations under this Schedule are based on the customer making the following contributions:
(1) Base Contribution The contributions stated under "Mood Pole" or "Metal Pole" provide for the installation of standard Eixtures on the type wood or metal poles approved by the Company for use at the time of the -installation.
(a) Separate Installations The following applies for each street lighting pole wheze less than seventy-five percent (752) oE a span of stzeet lighting cable is installed at the same time and in the same trench as the underground distribution system:
Mood Pole Metal Pole 7000 lumen bracket mounted unit $ 108 ~ 50 $ 155.00 7000 lumen post type unit 155.00 155.00 21000 lumen mercury vapor unit 140.00 230.00 60000 lumen mercury vapoz unit N/A 175.00 35000 lumen sodium vapor unit 300.00 390.00 50000 lumen sodium vapor unit N/A 375.00 (b) Joint Installation The following applies for each street lighting pole where seventy-five percent (752) or more of a span of street lighting cable is installed at the same time and in the same trench as the underground distribution system:
Vood Pole Metal Pole 7000 lumen bracket mounted unit $ 18.50 $ 65.00 7000 lumen post type unit 65.00 65.00 21000 lumen mercury vapor unit 85.00 175.00 60000 lumen mercury vapor unit N/A 120.00 35000 lumen sodium vapor unit 205.00 295.00 50000 lumen sodium vapor unit N/A 300.00 (2) Excess Pootage When any street lighting pole is located so that a span of underground cable necessary to pro-vide service exceeds the footage listed below, customer will contribute the sum of the estimated costs of all such overages within the pro]act currently being installed. The cost oE each overage will be computed individually by multiplying the number of feet of excess length of cable in the span by the average inscalled cost per foot of that span.
7000 lumen units 250 Eeet 21000 lumen units 225 Eeet 60000 lumen units 200 feet 35000 lumen units 225 feet 50000 lumen units 200 feet (3) Natural Conditions In the event that rock, unstable soil, or other conditions require the use of materials and methods of installation other than Company's normal materials and methods, customer will contribute the additional cost incurzed thereby.
(4) Existing Pavement If the underground cable is to be installed under an existing paved area, customer will con-tribute the estimated additional cost of installing cables under paved areas, however, the customer may cut and replace the pavement in lieu of making the contribution.
'(5) Convezsion of Overhead Street Lighting Service supplied under the Monthly Rate or the contributions set fozth above do not include the conversion of existing overhead street lighting circuits to undergzound. Should the customer desire such a conversion under this Schedule, customer will pay to Company, in addition to the applicable contributions above, the estimated net investment depreciated, plus removal cost, less salvage value oE the ovezhead conductors being removed.
PAYMENTS Bills are due when rendered and are payable within 15 days from the date of the bill. If any bill is not so paid, Company has the right to suspend service in accordance with its Service Regulations.
CONTRACT PERIOD The Contract Period shell not be less than 10 years.
Service rendered under this Schedule is subject to the provisions of Company's Street Lighting Service Regulations filed with the state rhgulatory comnission.
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Supersedes Schedule SL-3E Effective for service rendered on and after September 15, 1975 SCPSC Docket No. Order No.
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Carolina Power 6 Light Company (South Carolina Only)
STREET LIGHTING SERVICE SCHEDULE SL-4B (Residential Subdivisions)
AVAILABILITY This Schedule is available for service supplied in the lighting of residential dedicated public streets by means of mercury vapor lighting units installed within residential subdivisions, consisting of single or duplex dwelling units, located outside the corporate limits of a municipality at the time of the instal-lation.
This Schedule is noc available to supply service for the lighting of parking lots, shopping centers, other public or commercial areas within the residential subdivision, or areas not specifically provided for by the provisions herein.
SERVICE The service supplied by Company will include the installation of a street lighting system, according to Company's standards and requirements, which will be owned, maintained and operated by Company including the furnishing of the electricity required for the illumination of the lamps from dusk to dawn. Lighting units will be located by Company to provide the most uniform lighting possible in the residential area.
The nominal lumen ratings of the lighting units furnished under the Monthly Rate indicate the class of lamp.
MONTHLY RATE The following amount will be added to each monthly bill rendered for residential electric service with-in the subdivision:
OVERHEAD DISTRIBUTION AREA:
7000 lumen, bracket mounted, enclosed luminaire on approved type wood pole - 1 street light per 10 customers or ma]or fraction thereof - - - - - $ 0.60 per customer.
7000 lumen, bracket mounted, enclosed luminaire on approved type wood pole - 1 street light per 5 customers or ma)or fraction ther'eof - - - - - $ 1.20 per customer.
UNDERGROUND DISTRIBUTION AREA:
7000 lumen, bracket mounted, enclosed luminaire on an approved type wood pole - 1 street light per 10 customers or major fraction thereof - - - - << $ 0.70 per customer.
7000 lumen, bracket mounted, enclosed luminaire on a standard metal pole - 1 street light per 10 customers or ma)or fraction thereof - - - - - $ 0.80 per customer.
7000 lumen, bracket mounted, enclosed luminaire on an approved type wood pole - 1 street light per 5 customers or ma)or fraction thereof - - - - - $ 1.40 per customer.
7000 lumen, bracket mounted, enclosed luminaire on standard metal pole - 1 street light per 6 customers or ma]or fraction thereof - - - - $ 1.35 per customer.
7000 lumen approved pose mounted type luminalre - 1 street light per 6 customers or ma)or fraction thereof - ---- $ 1.35 per customer.
AKKXATION CONSIDERATIONS
- 1. If any of the following conditions exist, the developer of the subdivision will be required to obtain from the municipal governing agency its written approval of the street lighting service being provided under this Schedule and the number and location of the lights to be installed:
- a. The subdivision abuts a boundary of the municipality.
- b. It is known that the subdivision will be annexed into the municipality.
- c. The municipal governing agency has enacted a subdivision control ordinance which applies.
to the subdivision or any portion thereof.
- 2. Zf the subdivision is subsequently annexed, and the municipality accepts the street lighting under a street lighting service contract on the rate for the equivalent lighting unit, the following will apply:
OVERHEAD DISTRIBUTION - If the municipality accepts the street lighting service under Pole Type Street Lighcing Service Schedule SL-l, no monthly customer charge will be applied to the subdivision residents.
UNDERGROUND DISTRIBUTION - If the municipality accepts the street lighting service under Under-ground Street Lighting Service Schedule SL-2, no monthly customer charge will be applied to the sub>>
division residents. If the municipality accepts the street lighting service under Underground Street Lighting Service 'Schedule SL-3 (Customer Participation), the monthly customer charges will be reduced according to the following schedule:
$ 0.70 charge reduced to --- $ 0.25
$ 0.80 charge reduced to --- $ 0.30
$ 1.35 charge reduced to --- $ 0.45
$ 1.40 charge reduced to --- $ 0.45
- 3. If the subdivision is subsequently annexed, and the municipality does not accept the installed street lighting under a street lighting service contract, the service will continue to be provided under this Schedule with the applicable monthly charges.
NONREFUNDABLE CONTRIBUTION Normally a contribution will not be required for service under this Schedule. The Company will require a nonrefundable contribution from the developer under the following conditions:
- l. Unusual Circumstances - In the event rock, unstable soil, or other conditions require the use of materials and methods of installation ocher than Company's normal materials and methods, the developer will contribut'e the additional cost incurred thereby.
- 2. Paved Areas - If Company has to install any portion of the street lighting system under exist-ing paved areas, the developer will either cut and replace the pavement or contribute to Company the additional cost incurred to install its facitities under the paved area.
3, Excess Circuitry - When any lighting unit is located so that the span of underground cable necessary to serve such unit exceeds 250 feet, the developer will contribute the sum of the estimated installed costs of all such overages within the subdivision.
EXISTING SUBDIVISIONS Street lighting service under this Schedule will be available in existing residential subdivisions provided the Company receives a petition requesting this service signed by all the owners of residential lots within the subdivision. When the electrical distribution system within the subdivision is installed underground, the persons requesting the installation of the street lighting system will pay to Company>
in addition to any contribution required above, a nonrefundable contribution equal to the cost of trenching and backfilling necessary for the installation of the street lighting system. If a contribution is re-quired under Excess Circuitry, that portion of trenching and backfilling included in such contribution vill be excluded from the preceding requirement. Relandscaping of the area necessary due to the installation of the street lighting system will be the responsibility of the residents within the subdivision. The appropriate monthly charge as set forth above will be applied to the monthly billings of all residents in the subdivision.
PAYMENTS The monthly charges set forth under this Schedule will be billed in con)unction with the normal bill for residential service. The total of the bill so rendered shall be subject to the terms and conditions of the Service Regulations approved and on file with the state regulatory commission. Failure to pay the total bill rendered when due and payable shall constitute a failure to pay the bill for residential service.
CONTRACT PERIOD The applicable monthly charge set forth in this Schedule shall be applied to the monthly billings of all residents in the subdivision as long as street lighting service is provided under any of the conditions as set out herein.
Supersedes Schedule SL-4A Effective for service rendered on and'fter September 15, 1975 SCPSC Docket No. , Order No.
A Customer who desfres electricity for more than oae classification of use on the same premises shall execute a separate Agreement for each separate classification, Customer's viring being so arranged that electricity Eor each separate classificecion can be metered separately. When a Customer conducts a business in his residence, for which business electricity is used, Company will supply ellunless electricity through one Customer's ~iring fs meter under the Schedule applicable to the classification for his business use, so arranged that his residential use and his business use can be sepazacely metered, in which event the appropriate Schedule will be applied to each such use.
Customer shall not without the written assent of Company connect his installation to lines which cross over oz under any public or semi-public space in order to supply electricity purchased through onepropertfes meter to his ad)scent properties. Such written assent may be given only in instances where such ed)scent ere operated as one integral unic under the same name and proprietorship and for carrying on parts oE the same busimess, and where a separace type oE business fs not involved.
6o CONTRACT DEHAND (a) The Contract Demand shall be the kw of demand specified in the Service Agreement. In cases where any change is required in Company's facilities due to the actual demand exceeding the Contract Demand or due to the Customer requesting an increase in available capacity, Company may require Customer to execute a new Agreement or amend an existing Agreement, thereby establishing a new Concract Demand. If Company is unable to supply such actual or requested increase, then upon written request, Customer will not exceed the existiag Contract Demand or such amount in excess thereof as Company determines it is able to provide.
(b) If Customer desires to reduce the efEective Contract Demand at any time prior to che time che Billing Demand of the applicable schedule first equals or exceeds the Contract Demand, Company may agree to reduce the Contzact Demand co the number of kilowatts specified fn vriting by Customer provided Customer pays co Company a sum oE money equal co the estimaced cost (after deducting the chen value of usable materials and facilities and the salvage value of nonusable materials and Eacflitfes) of installing and removing the exfstiag facilities in place Eor serving the customer, plus any money spent by Company which would not have been spent ff Customer had originally requested the zeduced Contract Demand. The agreed upon reduction shall be effective with the beginning of che next ensuing billing perf,od.
The Company reserves the right to reduce fts facilities to the capacity adequate to serve the Customer' maximum 15-minute demand of the preceding twelve billing months and to amend the Service Agrecmeat to such maximum demand. If customer desires that Company not change its facilities, Company may agree to do so provided customer execuces e Service Agreement for the amount such facilities vere installed to serve.
(c) If Customer increases his load without adequate notfce to Company, and without receiving Company's consent, and such unauthorized increase causes loss of or damage to Company's facilities, the cost of mekfag good such loss or repairing such damage shall be paid by Customer.
- 7. LOW POWER FACTOR ADJUSTMENT Customer shall at all times maiatain a power factor at the point of delivery as nearly 100 per cent as practicable; however, if Customer's power factor determined et the time oE maximum demand (determiaed in ac>>
cordaace with the applicable Schedule) is found to be less than 80 per cant lagging, Company will increase the demand used for billing purposes by the number of kilowatts equal to 20 per cent oE che difference be-tween (1) the maximum number of reactive kilovolt-ampezes (ki.lovers) determined for the period of maximum demand and (2) 75 per cent of the demand as determined for the monch fa accordance with the provisions of the applicable Schedule.
- 8. BILLING (a) Company's meters vill be read as nearly as practicable at regular intervals of not lese than 27 days and not more thea 33 days. (By special order of the zegulatory agencies bi-monthly reading is per-mitted undec certain conditions.)
(b) If Company is unable to read Customer's meter for any reason, his use may be estfmeced by Company on the basis of his use during the next precediag billing period for whfch readings vere obtained, unless some unusual condition fs knovn to exist. A bill rendered on the basis of such estimate shall be as valid as ff made from accual meter readings.
(c) The term "Hoach" or "Nonthly" as used in Company's Schedules end Riders refers to che incerval transpiring betveen the previous meter reading date and che current reading date end bills shall be rendered Form 1303-A Page 3 (South Carolina Only) Rev. 9/15/75
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Exhibit C Carolina Power & Light Company Original Cost of Total Electric Plant Used or Useful in the Public Service December 31, 1974 System Apportioned to Line Total South Carolina No. As Ad usted Retail 0 erations (2) (3)
Plant in Service:
- 2. Production 1,044,221,970 149,918,947
- 3. Transmission 236,112,'533 33,699,304
- 4. Distribution (N. C.) 371,458,079
- 5. Distribution (S. C.) 73,420,686 72,814,619
- 6. General 22,170,167 3,574,099
- 7. Intangible 177 329 26 649
- 8. Total Plant in Service 1,747,560,764 260,033,618
- 9. Nuclear Fuel:
- 10. Nuclear Fuel 55,117,915 Less Accumulated Provision for Amortization 11 466 630
- 12. Net Nuclear Fuel 43 651 285 6,363 761
- 13. Total Electric Plant 1,791,212,049 266,397,379
Exhibit D Carolina Power & Light Company Depreciation The accrued depreciation on said property as shown on applicant's books ad)usted to December 31, 1974, is as follows:
System Apportioned to Line Total South Carolina No. As Ad usted Retail 0 erations (2) (3)
Accumulated Provision for Depreciation:
2~ Production 151,043,806 21,685,360
- 3. Transmission 27,513,190 3,926,968
- 4. Distribution 96,866,048 15,854,352
- 5. General 4 791 555 772 457
- 6. Total Accumulated Provision for Depreciation 280,214,599 42,239,137 The method used on computing the amount charged to depreciation is the straight-line method. The rates used are the following:
- 7. Steam Production Plant 3.417%
- 8. Nuclear Production Plant 4.308%
- 9. Hydro Production Plant 1.136%
- 10. Other Production Plant 4.067%
- 11. Transmission Plant 2.340%
- 12. Distribution Plant 3.209%
- 13. General Plant 3.494%*
(*) Composite rate for General Plant after excluding book cost of Transportion Equipment Vehicles Account 392. The provision for depreciation of Transportation Equipment (Automobiles and Trucks) is based on the estimated lives thereof. The amount is charged to a clearing account and allocated to operating expenses, construction and other accounts on the basis of the use of such equipment.
Exhibi.t E Carolina Power 6 Light Company Cost of Materials and Supplies on Hand December 31, 1974 System Apportioned to Total South Carolina As Ad usted Retail 0 erations (2) (3)
Materials and Supplies:
Fuel inventory 84,244,486 12,281,695 Fuel Stock Deferred 8,822,361 1,362,846 Other Materials and Supplies 13 434 110 2 107 462 Total Materials and Supplies 106,500,957 15,752,003
Exhibit F Carolina Power & Light Company Cash Working Capital The cash working capital which the applicant finds necessary to keep on hand for the efficient, economical operation of the business is deter-mined by adding to 'the minimum bank balance requirements the prepayments and one-eighth of the annual operation and maintenance expenses, exclusive of purchased power, less average Federal tax accruals and customer deposits, all for the period ended December 31, 1974.
System Total Apportioned to Line After South Carolina No. Descri tion Ad'ustments Retail 0 erations (2) (3)
Minimum Bank Balances 18,250,318 2,742,674
- 2. Prepayments 1,776,998 530,589 3~ 45 Days'xpense Cash 31,833,996 4,832,762
- 4. Customer Growth 222,520 4,784 5 ~ Less: Average Federal Tax Accruals 2,882,747 433,222
- 6. Customer Deposits 2 818 650 633 535
- 7. Total Cash Working Capital 46,382,435 7,044,052
Exhibit G Carolina Power & Light Company Operating Experience Test Year Ended December 31, 1974 S stem Total A ortioncd to S. C Retail Linc Total Total Mith Total Total With No. Pcr Books Ad ustments ~nd ustnents Per Books ~nd ustuents ~dd ustneots (2) (3) (4) (5) (6) (7) eratin Revenues 2~ Gross Operating Revenue 460,977,024 3n Contract Sales Credit (13>499, 572) 4 Net Operating Revenue 447>477>452 39>096>956 486 ~ 574>408 72,288,925 (2 > 437 ~ 205) 69 851 > 720
- 5. eratin Ex enses
- 6. Operation & Maintenance Expenses 325,476,516 7~ Contract Sales Credit (13,499,572)
- 8. Net 0 & M Expenses 311,976,944 (38,616,318) 273,360,626 46,839,855 (5,379,353) 41,460,502
- 9. Fuel Deferral (35,028,046) 26,205,685 (8,822,361) (5,393,016) 4,030;DO (1 > 362> 846)
- 10. Adjusted Operation & Maintenance Expenses 276>948,898 (12,410,633) 264>538i265 41,446,839 (1,349,183) 40,097,656
'epreciation 35,544,206 23,579,135 59,123,341 5,371,077 3,406,610 8,777,687
- 12. Taxes Other Than Income 40,683,529 3,251,486 43,935,015 3,789,472 704,151 4,493,623 13, Income Taxes - State 1,612,309 (793,102) 819,207 291, 143 (255,254) 35,889
- 14. Income Taxes - Federal (9,750,656) 11,387,342 1,636,686 2,083,820 (2,471,460) (387,640)
- 15. Tax Credit 'nvestment (6,241,299) 4,333>108 (1,908,191) (928,687) 644,754 (283,933)
- 16. Income Taxes Deferred in Prior Years (662,966) (662,966) (95,182) (95,182)
- 17. Provision for Deferred Income Taxes 31,989,404 (12,578,463) 19,410,941 4,841,152 (1,934,441) 2,906,711
- 18. Total Operating Expenses 370,123,425 16,768,873 386,892,298 56> 799>634 (1> 254 ~ 823) 55 ~ 544 811,
- 19. Income for Return
- 20. Operating Income 77,354,027 22,328,083 99,682,110 15,489,291 (1 ~ 182 i 382) 14 '06 '09
- 21. Customer Growth 540,705 156>073 696,778 15,335 (1,171) 14,164
- 22. Allow. for Funds During Construction 43,060,076 (24,401,837) 18,658,239 6>204>583 (3,504,372) 2,700,211
- 23. Income Tax - Credit 16,067,820 (4,911,710) 11,156,110 2,414,686 (738,136) 1,676,550
- 24. Interest on Customer Deposits (123,918) (123,918) (27,122) (27i122) o 25 Total Income for Return 136,898,710 (6>829>391) 130>069>319 24,096,773 (5,426,061) 18,670,712
Page 2 of 8 Exhibit G (Continued)
Summary of Adjustments December 31, 1974, Test Year Apportioned to FPC System South Carolina Acct. Total Retail 0 erations (2) (3) (4)
Revenue Ad'ustments Adjust for annual effect of retail base rate increases '00 24,736,243 3,270,257 Adjust for annual effect of retail fuel clause 400 347,965 51,038 Adjust fuel clause revenue to reflect addition of Bruns-wick fJ2 400 (27, 034,598) (5 758,500) a Adjust for annual effect of requested resale rate increases 400 41,047,346 Total Revenue Ad'ustments 39,096,956 (2,437,205)
Page 3 of 8 Exhibit G (Continued)
Summary of Adjustments December 31, 1974, Test Year Apportioned to FPC System South Carolina Acct. Total Retail 0 erations (2) (3) (4) 0&M E ense Ad'ustments Adjust for, capital items charged to maintenance 532 248,491 35,676 Adjust for amortization of Craven County Plant Site 500 1565814 22,514 Adjust for normalization of hydro generation 501 1,063,680 155,070 Adjust for wages and fringe benefits at end of test period VAR 7,803,663 1,267,020 Adjust for rental of Darling-ton Co. IC turbines 500 1,924,455 276,294 Adjust fuel expense to annual-ize addition of Brunswick f/2 (56,199,096) (8,193,060)
Adjust other 0&M expenses to reflect addition of Bruns-wick ll2 3,700,000 534,485 Adjust purchased power expense to reflect addition of Bruns-wick 82 555 (4, 627, 325) (673% 282)
Adjust fuel deferral to reflect 12 mill base 557 26,205,685 4,030,170 Adjust to normalize production maintenance expense 150,000 21,868 Adjust to normalize transmission maintenance expense VAR 767,000 109,475 Adjust to normalize distribution maintenance expense 6 396 000 l 064 587 Total 0&M E ense Ad'ustments (12,410,633) (1,349,183)
Page 4 of 8 Exhibit G (Continued)
Summary of Adjustments December 31, 1974, Test Year Apportioned to FPC System South Carolina Acct. Total Retail erations (2) (3) (4)
S De reciation Ex ense Ad'ustments Adjust for plant in service at, December 31, 1974 403 1,324,470 194>028 Adjust for change in deprecia-tion rates 403 6,124,665 897,232 Adjust to include Brunswick 82 in plant in service 403 16 130 000 2 315 350 Total De reciation E ense Ad ustments 23,5793135 3,406,610 General Tax Ad'ustments Adjust for gross receipts tax on revenue adjustments 408 2, 401,804 (7,312)
Adjust for change in account-ing procedure for N.C. gross receipts tax in 1974 408 (3,996,707)
Adjust for increases in FICA taxes 408 55,475 9,007 Adjust for payroll taxes on wage increase adjustment 408 396,103 64,312 Adjust property tax to plant in service at Decmeber 31, 1974 408 11093, 811 164,379 Adjust property tax to reflect addition of Brunswick i/2 408 3 301 000 . .473 765 .
Total General Tax Ad ustments 3,251,486,. 704,151-
Page 5 of 8 Exhibit G (Continued)
Summary of Adjustments, December 31, 1974, Test Year Apportioned to FPC Sytem South Carolina Acct. Total Retail 0 'erations (2) (3) (4)
State Income Tax Ad'ustments Adjust for tax effect of revenue and expense adjustments 409 2,322,170 261,756 Adjust for interest expense on year end plant including Brunswick II2 409 (1,502, 963) (225, 867)
Adjust for ratemaking normal-ization of book S.I.T.
allocation 409 (1 612 309) (291 143)
Total State Income Tax Ad ustments (793,102) (255, 254)
Federal Income Tax Ad'ustments Adjust for tax effect of revenue and expense adjustments 409 26,248,871 (255,907)
Adjust for interest expense on year end plant including Brunswick f/2 409 (11,302,283) (1,698,517)
Adjust for ratemaking normal-ization of book S.I.T. alloca-tion 409 905,230 153, 890 Adjust to eliminate prior year tax entry for 1969 and 1970 409 227, 612 34,206 Adjust ITC 1974 net operating loss carryback 409 ~705 132)
Total Federal Income Tax Ad ustments 11,387,342 (2,471,460)
Page 6 of 8 Exhibit G (Continued)
Summary of Adjustments December 31, 1974, Test Year Apportioned to FPC System South Carolina Acct. Total Retail 0 erations (2) (3) (4)
Provision for Deferred Income Taxes Ad ustments Adjust for taxes on change in fuel deferral account (12 578 463) (~1934 441 Total Provision for Deferred Income (12,578,463) (1,934,441)
Investment Tax Credit Ad ustments Adjust for 1974 net operating loss carryback 411 4 333 108 644 754 Total Investment Tax Credit Ad ustments 4,333,108 644,754 Total 0 eratin E ense Ad ustments 16,768,873 (1,254,823)
Income for Return Ad ustments Effect of Revenue and Expense Adjustments 22,328,083 (1, 182, 382)
Adjust customer growth for revenue and expense adjustments 156,073 (1, 171)
Adjust AFDC for Brunswick 82 (20,575,413) (2, 953, 018)
Adjust to book AFDC on current basis (3,826,424) (551, 354)
Adjust income tax credit for year-end interest including Brunswick 82 ~4911 710) ~738 136)
Total Income for Return Ad ustments (6,829,391), (5,426,061)
Page 7 of 8 Exhibit G (Continued)
Summary of Adjustments December 31, 1974, Test Year Apportioned to FPC System South Carolina Acct. Total Retail 0 erations (2) (3) (4)
Plant in Service Ad ustments Adjust for spare parts capital-ized twice 101 (372,509) (53, 481)
Adjust to include Brunswick
/!2 in plant in service 101 383 750 000 55 076 439 Total Plant in Service Ad ustments 383,377,491 55,022,958 Accumulated De reciation Ad ustments Adjust for plant in service at December 31, 1974 (1, 324, 470) (194,028)
Adjust for change in deprecia-tion rates (6,124,665) (897,232)
Adjust to reflect addition of Brunswick 82 c (2 315 350)
Total Accumulated De reciation Ad'ustments (23,579,135) (3,406,610)
Workin Ca ital Ad ustments Adjust cash allowance related to 0&M expense adjustments (972,914) (84,488)
Adjust materials and supplies for fuel stock deferral (26,205,685) (4,030,170)
Customer growth adjustment to cash ~84 Total Workin Ca ital Ad ustments (27,185,399) (4,114,742)
Page 8 of 8 Exhibit G (Continued)
Summary of Adjustments December 31, 1974, Test Year Apportioned to FPC System South Carolina Acct. To tal Retail 0 erations (2) (3) (4)
Construction Work in Pro ess Ad'ustments Adjust to include Brunswick 82 in plant in service 107 (383,750,000) (55,076,439)
Total Construction, Work in Pro ress Ad ustments (383,750,000) (55,076,439) .
Total Rate Base Ad'ustments (51,137,043) (7,574,833)
Exl) fbi t II Carolina PoMcr & Light Company Effect of Proposed Increase - South .Carolina Retail Operations Year 1974 S. C. Retail Residential Increase Aftcr Line Present Increase Requested Total No. Rates Docket 18 361 Herein Increase (2) (3) (4) (5) l.
- 2. Net Operating Revenues 69,851,720 2,012,202 19,117,335 90,981,257 0 cratin Rcvcnue Deductions 4~ Net Operation & Haintenance 40,097,656 40,097,656
- 5. Depreciation 8,777,687 8,777>687
- 6. Taxes Other Than Income 4,493,623 6,037 57,352 4,557>012
- 7. Income Taxes - State 35,889 120,370 1,143,599 1,299,858
- 8. 'ncome Taxes - Federal (387,640) 905,182 8,599,864 9,117,406
- 9. Investment Tax Credit (283,933) (283,933)
- 10. Deferred Income Tax - Net 2 811 529 2 811 529
- 11. Total Operating Revenue Deductions 55,544,811 1,031,589 9,800,815 66,377,215
- 12. Income For Return
- 13. Nct Operating Income 14,306,909 980,613 9,316,520 24,604,042
- 14. Customer Cro>7th 14>164 971 9,223 24,358
- 15. Allo>7. For Funds During Construction 2,700,211 2,700,211
- 16. Income Tax - Credit 1,676,550 1;676,550 17.
18.
Interest on Customer Deposits
-Total Income for Return
~27 18,670,712 122) 981,584 9,325,743 27 122) 28,978,039 r
- 19. Ori inal Cost Rate Base
- 20. Electric Plant in Service 260,033,618 260,033,618
- 21. Nct Nuclear Fuel 6,363,761 6,363,761
- 22. Less Accumulated Depreciation 42,239, 137 42,239,137
- 23. Net Electric Plant in Service 224, 158,2462 224,158,242
- 24. Ailo5>ance for Working Capital
- 25. Haterials and Supplies 15,752,003 15>752,003
- 26. Cash Aller~ance 7,044,052 7,044,052 27 Total Working Capita) Allovance 22,796,055 22,796,055
'8.
Construction Work in Progress 63,944,725 63,944,725 29 Deferred Income Taxes - Lib. Deprec, ~6691 976) ~6691 976)
- 30. Total Original Cost Rate Base 304,207,046 304,207,046
- 31. Return .on Original Cost Rate Base 6. 138'l. 9.526L
Exhibit II (Continued)
Carolina PoMer & Light Company S stem Total A ortioned to S, C. Retail Line Total With Total With No. Ori inal Cost Rate Base Total Ad ustments Ad ustments Total d~dustnents ~ed ustuente (2) (3) (4) (5) (6) (7)
Electric Plant in Service 1,364,183>273 383,377,491 1, 747,560> 764 205,010,660 55,022,958 260,033,618 2~ Accumulated Provision for Depreciation (256,635,464) (23,579,135) (280> 2 14 > 599) (38 832 52 7)
> > (3,406,610) (42,239,137)
- 3. Net Electric Plant in Service 1>107>547>809 359,798,356 1 >467 > 346 165 166> 178> 133 51,616,348 217,794,481
- 4. Net Nuclear Fuel 43,651,285 43,651,285 6,363,761 6,363,761
- 5. Working Capital:
- 6. Materials and Supplies 132 > 706 > 642 (26>205>685) 106 ~ 500 957 19,782, 173 (4,030,170) 15,752,003
- 7. Cash Working Capital 47,362,149 (979,714) 46,382,435 7,128,624 (84,572) 7,044,052
- 8. Construction Work in Progress 826,012,064 (383 > 750 > 000) 442 > 262 > 064 1 19>021 > 164 (55,076,439) 63,944,725 9 Deferred Income Taxes-Liberalized Depreciation (45,682,252) (45,682,252) (6,691,976) (6,691,976)
- 10. Total Rate Base 2>111>597 '97 (51 '37>043) 2>060 460 654 311,781,879 (7>574>833) 304,207,046 o
Exhibit 8 (Continued)
Carolina Fodder & Light Costpsny Return on Coenson Equity Test Year Ended Deeenber 31, 1974 Present Rates Pr scd Rates S. C, Retail Overall. 8 ~ C, Retail Overall Lioc Total Original Cost Rate Incoedec For Rate Original Cost Rate Ineoese Por Rate
~Ho ~el tl ~Clt Coctdpsny el tl* Ratio Rate Base Earned Return Earned Rate Base ~de lted de t ~et d (2) (3) (4) (5) (6) (7) (8) (9) 00) (11)
$ x $ E $ 2 $ 2 1 Long Tern Debt 1,034,095,274 54.389 165,455,170 7 503 12,414,101 4.081 165d455d170 7 503 12,414iIOI 4.081 2d Preferred Stock 288 ~ llgd400 15 154 46d099 ~ 536 7 489 3d452 ~ 394 I 135 46d099 ~ 536 7 489 3d452d394 ld LSS Cdxsson Equity:
Codnson Stock 419,701,904 Sd Retained Earnings I3 6 ~ 1 8 7 d 09 7 6 Deferred Invcstsdent Tax Credit (1971 Rev. hct) 3,956,126 7d Dividends Declared le lee lel Total Cdxddson Equity 579,085,270 30.457 92,652,340 3,027 2,804,217 0,922 92,652,340 14,151 13,111d 544 4.310 ld901d298d944 100 000 304,207,046 18,670,712 6 '38 304,207,046 28,978,039 9,S26 0
~ \
Page 1 of 12 Exhibit I CAROLINA POWER 6 LIGHT COMPANY BALANCE SHEET December 31, 1974 STATEMENT OF INCOME AND STATEMENT OF RETAINED EARNINGS FOR THE TWELVE MONTHS ENDED DECEMBER 31, 1974
Page 2 of 12 CAROLINA POWER & LIGHT COMPANY BALANCE SHEET December 31, 1974 ASSETS Electric Utility Plant:
Electric utility plant other than nuclear fuel:
In service $ 1,364,183,273 Held for future use 7,542,8I40 Construction work in progress 826 012 064 Total 2,197,738,177 Less accumulated depreciation 256 659 461 Net 1 941 078 716 Nuclear fuel".
In service 30,354,237 In process and other 24 763 677 Total 55,117,914 Less accumulated amortization 11 466 630 Net 43 651 284 Electric utility plant - net 1 984 730 000 Other Property and Investments 3 828 783 Current Assets:
Cash in banks 9,379,477 Special deposits for dividends, interest, etc. 19,864 Working funds 117,833 Accounts receivable, net 45,619,704 Materials and supplies:
Fuel 119,272,532 Other 13,434,110 Prepayments, etc. 1 787 436 Total current assets 189 630 956 Deferred Debits:
Unamortized debt expense 1,253,151 Other 12 185 316 Total deferred debits 13 438 467 Total 82 191 628 206 See notes to financial statements.
Page 3 of 12 CAROLINA POWER 6 LIGHT COMPANY BALANCE SHEET DECEMBER 31, 1974 LIABILITIES Capital Stock and Retained Earnings:
Preferred stock, without par value, cumulative (entitled upon liquidation to $ 100 a share) (Note 2) 288,118,400 Common stock subscribed 243,217 Common stock, without par value (Note 2) 419,458,687 Retained earnings (Note 1) 136 187 098 Total capital stock and retained earnings 844 007 402 Long-Term Debt (Note 3) 1 034 095 273 Current Liabilities:
Notes Payable Banks 50,315,000 Other 81,3427046 t
Accounts Payable:
Construction contract retentions 57184,910 Other 52,846,986 Customers 'eposits 2,818,650 Taxes accrued 11,276,899 Interest accrued 19,321,270 Dividends declared 19,240,143 Other 3 203 586 Total current liabilities 245 549 490 Deferred Credits:
Customers'dvances for construction 125,873 Investment tax credits 4,514,126 Other 115 407 Total deferred credits 4 755 406 Reserve for Injuries and Damages 724 920 Accumulated Deferred Income Taxes 62,495,715 Commitments and Contingencies (Note 4')
t Total $ 2,191,628,206 See notes to financial statements.
Page 4 of 12 CAROLINA POWER & LIGHT COMPANY STATEMENT OF INCOME For the Twelve Months Ended December 31, 1974 OPERATING REVENUES - ELECTRIC $ 460,977$ 024 OPERATING EXPENSES:
Fuel 235$ 842,050 Purchased Power 14,493,620 Other operation 11,521,369 Maintenance 28,591,432 Depreciation 35,544,206 Taxes:
Taxes other than income 40,683,529 Federal income (9,750,659)
State income 1,612,309 Provision for deferred income taxes 31,989,404 Income taxes deferred in prior years (credit) 662,966 Investment tax credit adjustments:
Amount deferred (5,705,683)
Amortization of amounts deferred (credit) 535 616 Total operating expenses 383 622 995 OPERATING INCOME 77 354 029 OTHER INCOME:
Allowance for funds used during construction 54,608,879 Income taxes - credit 16,067,820 Other income (deductions) - net 775 762 Total other income 71 452 461'48 GROSS INCOME 806 490 INTEREST CHARGES:
Long-term debt 69$ 877$ 700 Amortization of debt premium, discount and expense - net 122,114 Other 6 536 120 Total interest charges 76 535 934 NET INCOME 72,270,556 PREFERRED STOCK DIVIDEND REQUIREMENTS 20 672 480 EARNINGS FOR COMMON STOCK 51 598 076 AVERAGE COMMON SHARES OUTSTANDING 23 324 ill EARNINGS PER SHARE OF COMMON STOCK 0 2.21 See notes to financial statements.
Page 5 of 12 CAROLINA POWER & LIGHT COMPANY STATEMENT OF RETAINED EARNINGS For the Twelve Months Ended December 31, 1974 Balance, January. 1, 1974 $ 118,903,870 Add - Net income for the period- 72.270,556 Federal Income Tax Refund (1961-1968) 4,159,988 Refunded Interest and Interest Earned on Tax Refund 2 089 461 Total 197,423,875 Deduct-Cash dividends declared:
$ 5 preferred stock 1,186,295 Serial preferred stock - $ 4.20 Series 420,000
- $ 5.44 Series 1,360,000
- $ 9.10 Series 2,730,008
- $ 7.95 Series 2,782,523
- $ 7.72 Series 3,860,000
- $ 8.48 Series 5,9860655 Preferred Stock A - $ 7.45 Series 3,725,000 Common stock (at annual rate of $ 1.60 Total 59>425,475 Capital stock expense 145,395 Federal income tax deferred in prior years 662,966 Federal income tax on refunded interest 1 002 941 61 236 777 Balance, December 31, 1974 (including $ 7,424,372 restricted for future Federal taxes on income-Note 1)
See notes to financial statements.
Page 6 of 12 CAROLINA POWER & LIGHT COMPANY NOTES TO FINANCIAL STATEMENTS December 31, 1974
- 1.
SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES S stem of Accounts The accounting records of the Company are
~
maintained in accordance with uniform systems of accounts prescribed by the Federal Power Commission and the regulatory commissions of North Carolina and South Carolina.
Electric Utilit Plant. Electric utility plant is stated at original cost. The cost of additions, including replacements of units of property and betterments, is charged to utility plant. The Company includes in the cost of such additions an allowance for funds used during construction (8%). Maintenance and repairs of property and replacements and renewals of items determined to be less than units of property are charged to maintenance expense. The cost of units of property replaced or renewed plus removal costs, less salvage, is charged to accumulated depreciation. Utility plant is subject to the lien of the Company's mortgage.
De reciation and Amortization. Depreciation of utility plant, other than nuclear fuel, for financial reporting purposes is computed on the straight-line method based on estimated useful lives and charged principally to depreciation expense. Depreciation provisions as a percent of average depreciable property other than nuclear fuel approxi-mated 2.8%. Amortization of nuclear fuel ($ 8,756,840) is computed on the unit-of-production method and charged to fuel expense.
Deferred Fossil Fuel Invento Costs. On February 6, 1974, pursuant to state regulatory commissions'rders, the Company put into effect retail service fossil fuel adjustment clauses to recover increased fuel costs. The provisions of the clauses result in a time lag between the date increased fuel cost is incurred and the date such cost is billed to customers. Accordingly, to properly match increased fuel costs with the related revenues, the Company is deferring the increased fuel cost when incurred and expensing it in the month the related revenues are billed. Therefore, operating expenses in the. statement of income have been decreased and Deferred Fossil Fuel Inventory Costs in the balance sheet has been increased by $ 35,028,046, representing the normalization of such cost. Related deferred income taxes have been recorded by increasing income tax expense in the statement of income and deferred income taxes on the balance sheet.
Page 7 of 12 Income Taxes. At December 31, 1974, the Company had recorded income tax refunds receivable totaling $ 14,942,360 and correspondingly reduced provisions for, federal income tax expense payable currently for the year then ended. The amount represents estimated tax recoveries to result from the carry-back of 1974 net operating loss.
Deferred income tax provisions are recorded only to the extent such amounts are currently allowed for rate-making purposes. In compliance with regulatory accounting, income taxes are allocated between Operating .Income and Other Income, principally with respect to charges related to construction work in progress.
Depreciation, for property other than nuclear fuel, for income tax purposes amounted to $ 67,133,516.
Necessity Certificates permitted amortization over 60months period, for Federal income tax purposes, the cost of certain plant facilities completed during the tax period 1952 through 1958. Amounts equivalent to the net reduction in Federal taxes on income attributable to the excess of such amortization over depreciation ordinarily deducted were charged against income and the corresponding credit recorded in Account 216 - Retained Earning's Restricted for Future Taxes on Income pursuant to orders of State Regulatory Authorities. In the accompanying balance sheet, the accumulated credit of $ 7,424,372 attributable to such a'ccumulated deferred taxes is included in Retained Earnings. In Financial Statements filed with the Federal Power Commission and with the Securities and Exchange Commission, the accumulated credit for deferred Federal taxes on income is excluded from Retained Earnings and shown as "Accumulated Deferred Taxes on Income" consistent with the regulations of each of these commissions.
Investment Tax Credits. Investment Tax Credits generated and utilized after 1971 have been deferred and are being amortized over the service lives of the property; substantially all credits prior to 1972 were deferred for amortization over five>>year periods. At December 31, 1974, the Company had generated but not utilized investment tax credits totaling $ 9,800,000.
Rate Increases. Operating revenues include $ 113,316,000 attributable to rate increases placed in effect during 1974, including $ 30,444,000 subject to further regulatory review and refund with interest, review so requires.
if such Ad ustments to Retained Earnin s. During 1974, the Company received a $ 4,159,988 refund of federal income taxes paid with respect to the years 1961 through 1968. The balance of retained earnings at December 31, 1973, has been adjusted by such amount. Received also in connection with the tax refund was $ 2,089,461 of refunded interest'and interest carrie applicable to years prior to 1974. Accordingly, such interest (net of income tax"of $ 1,002,941) has also been added to the December 31, 1973, balance.
Page 8 of- 12 Contributions in Aid of Construction. In accordance with orders from regulatory authorities, contributions in aid of construction have been transferred to the electric utility plant section of the balance sheet as of January 1, 1974.
Preferred Dividends. Preferred Stock dividends declared and charged to retained earnings include amounts applicable to the first quarter of the following year, except for the Preferred Stock A,
$ 7.45 Series, issued in 1973, which dividends, are wholly applicable to the year in which declared.
Retirement Plan. The Company has a non-contributory retirement plan for all regular full-time employees and is funding the costs accrued under the plan. Retirement plan cost for 1974 was approximately
$ 2,421,000. In 1974, the Company amended the plan by changing, among other things, the accrued benefit determination method, the interest assumption from 4% to 4$ %, and the amortization of the unfunded prior service cost over a period of 20 years from January 1, 1974, instead of from January 1, 1971. The effect of these changes on periodic net income is not material. The unfunded prior service cost at January 1, 1974,,the date of the latest actuarial valuation, was approxi-mately $ 9.6 million and as of December 31, 1974, is estimated at $ 17 million. As of December 31, 1974, the actuarially computed value of vested benefits exceeded assets of the plan by an estimated $ 5 million.
Other Policies. Other property and investments are stated principally at cost, less accumulated depreciation where applicable.
Materials and supplies inventories are stated at average cost. The Company maintains an allowance for doubtful accounts receivable
($ 427,826). Bond premium, discount and expenses are amortized over the life of the related debt.
- 2. CAPITAL STOCK Preferred Stock, without par value, cumulative:
$ 5 (authorized, 300,000 shares; outstanding 237,259 shares) 24,375,900 Serial (authorized, 10,000,000 shares): "
$ 4. 20 Series (outstanding, 100, 000 shares) 10,000,000
$ 5.44 Series (outstanding, 250,000 shares) 25,000,000
$ 9.10 Series (outstanding, 300,000 shares) 30,000,000
$ 7.95 Series (outstanding, 350,000 shares) 35,000,000
$ 7.72 Series (outstanding, 500,000 shares) 49,425,000
$ 8.48 Series (outstanding, 650,000 shares) 64,317,500 Preferred Stock A, without par value, cumulative (authorized 5,000,000 shares):
$ 7.45 Series (outstanding, 500,000 shares) 50 000 000 Total S288 118 400 Preference Stocks (authorized,',000,000 shares; 'none issued)
Common Stock, without par value (authorized 60,000,000 shares; outstanding, 23,438,844 shares) 419 458 687 Page 9 of 12 The common stock account increased during the twelve months ended December 31, 1974, from the sale of 205,081 shares under the Company's Stock Purchase-Savings Program for Employees. At December 31, 1974, 965,460 shares of unissued common stock were reserved for issuance under the Program.
In January, 1975, the Company sold 4,000,000 shares of common stock in a public offering for proceeds of $ 56,000,000, before expenses of issuance.
The preferred stock account increased $ 64,317,500 from the public sale of 650,000 shares'.
The preferred stock is callable, in whole or in part, at redemption prices ranging from $ 102 to $ 115 a share plus accumulated dividends.
In the event of liquidation, this stock is entitled to $ 100 a share plus accumulated dividends.
- 3. LONG-TERM DEBT First Mortgage Bonds:
3 1/8% Series, due 1979 20,100,000 3 1/4% Series, due 1979 43,930,000 2 7/8% Series, due 1981 15,000,000, 3 1/2% Series, due 1982 20,000,000 4 1/8% Series, due 1988 20,000,000 4 7/8% Series, due 1990 25,000,000 4 1/2% Series, due 1991 25,000,000 4 1/2% Series, due 1994 30,000,000 5 1/8% Series, due 1996 30,000,000 6 3/8% Series, due 1997 40,000,000 6 7/8% Series, due 1998 40;000,000 8 3/4% Series, due 2000 40,000,000 8 3/4% Series, due 2000 50,000,000 7 3/8% Series,, due 2001 65,000,000 7 3/4% Series, due 2001 70,000,000 7 3/4% Series, due 2002 100,000,000 7 3/4% Series, due 2003 100,000,000 8 1/8% Series, due 2003 100,000,000 9 3/4% Series, due 2004 125,000,000 ll 1/8% Series, Total First due 2004 Mortgage Bonds 27 650 000 986,680,000 Six-year note payable to a bank, due July 31, 1978, at a fluctuating rate (11.700% at January 1, 1975) related to the bank's prime rate 50,000,000 Unamortized premium and discount - Net (2,819,036)
Miscellaneous promissory notes 234 309 Total Long-Term Debt $1 034 095 273 Page 10 of 12 The bond indenture, as amended, contains requirements that additional property be certified or that specified amounts in cash and/or principal amount of bonds be delivered annually to the Trustee as an improvement fund. Current liabilities. do not include the current improvement fund requirements ($ 6,100,000 at December 31, 1974) since the Company meets such requirements by the certification of additional property.
COMMITMENTS AND CONTINGENCIES It is estimated the Company's construction program for 1975 through 1977, excluding nuclear fuel, will cost approximately $ 1,143 million. At December 31, 1974, firm commitments for construction aggregated approximately $ 400 million plus approximately $ 264 million for initial and replacement nuclear fuel. In addition, the Company has a contract with the Energy Research and Development Administration for nuclear fuel enrichment requirements through June 30, 2002, which is cancelable without penalty upon five years written notice. Payments for enrichment services are anticipated to approximate $ 79 million during the next five years. Many contracts include escalation provisions.
Electric utility plant at December 31, 1974, includes approximately
$ 15 million representing cost less accumulated depreciation of four hydroelectric projects licensed by the Federal Power Commission (FPC),
which licenses expire in 1976, 1993, and 2008. Upon or after expiration of each license, the United States may take over the project, or the FPC may issue a new license either to the Company or a new licensee. In the event of a takeover or licensing to another licensee, the Company would be paid its "net investment" in the project, not to exceed fair value, plus severance damages, if any. No provision for amortization reserves as required for the determination of "net investment" has been recorded as such amounts, if any, are considered immaterial. In 1973, the Company applied for a new 50-year license for the Halters Hydroelectric Project, which original license expires in 1976. A competing application has been filed by a group of rural electric cooperatives.
The Company has committed a total of $ 3,450,000 for research concerning development of the Liquid Metal Fast Breeder Reactor payable in ten equal annual installments which commenced in 1972.
The Company has entered into an agreement with Pickands Mather &
Co. (PM), a firm engaged in owning, operating and managing mineral properties, to develop through a subsidiary a deep coal mine in Pike County, Kentucky. As of December 31, 1974, the Company had advanced
$ 1.7 million to the subsidiary. The subsidiary is owned 80%%u by the C mpany and 20/ by PM. The currently estimated maximum capital cost of the mine of $ 50 million will be financed by the subsidiary througu equipment lease arrangements and long-term borrowing. The Company and Page 11 of 12 PM have entered into coal purchase contracts for 80% and 20%,
respectively, of the subsidiary's production at prices sufficient to meet all of its costs. The Company has a contingent liability to lend funds to the subsidiary for development cost overruns and for operating cash requirements during any full calendar quarter during which no coal is delivered.
During 1974, the Company assigned its rights to eleven internal combustion turbine generator units and related equipment .for approxi-mately $ 44.4 million and sold certain nuclear material 'for approximately
$ 47.6 million and subsequently leased these properties from their new owners. Under certain circumstances, the Company is contingently liable to repurchase the properties.
During 1974, the Company's construction program was reduced, including the elimination from its authorized construction budget of five proposed new generating units. The Company expects to retain for future use as much value as possible from the approximately $ 13 million (including $ 6 million land costs) it had paid or accrued in connection with such units. (Of the total amount, approximately $ 7 million is included in plant held for future use and approximately $ 6 million is included in construction in progress.) Additionally, the Company will incur costs of an undetermined amount arising out of related contracts for generating equipment. The Company will seek regulatory approval to allocate any charge-offs related to the units over a period of years and to recover them through rates. No provision has been recorded in the statement of income for any losses which may result because the significance and amounts are not presently known, although they could be substantial, and the final accounting disposition is not presently determinable.
Operating revenues for the year ended December 31', 1974, include
$ 30,444,000 which was billed during October, November and December of 1974 to retail customers in North Carolina under the provisions of a fossil fuel adjustment clause. Those billed amounts are subject to further regulatory review and refund with interest, if such review so requires. Deferred fossil fuel inventory costs at December 31, 1974, of $ 35,028,046 represent approximate amounts to be billed customers during the following two months. On February 3, 1975, the North Carolina Utilities Commission issued an interim order (to remain in effect until a final order is issued but in any event for not more than 60 days) requiring the Company to reduce by 25% the amount of fossil fuel clause charges on bills rendered on and after February 1, 1975, to the Company's North Carolina residential customers. Such order could result in approximately $ 1,119,000 of the December 31, 1974, deferred fossil fuel cost not being billed during the interim period. It is uncertain if the Company will be authorized to bill such reduced amounts in the future or if such reductions will become permanent. Approximately
$ 29,500,000 (including the 25% reduction of $ 1,119,000) of deferred costs are subject to further regulatory review and approval which may necessitate adjustments if such reviews so require.
Page 12 of 12
- 5. PROPOSED ACCOUNTING RULES The Federal Power Commission has under consideration certain proposed revisions in its Uniform System of Accounts relating to the deferring or normalizing of interperiod income taxes. The revisions would bring the accounting for interperiod income tax allocations into conformity with generally accepted accounting principles for non-regulated businesses and would provide an accounting basis in the Uniform System of Accounts for the inclusion of such deferred taxes for rate-making purposes, except where a regulatory body having rate jurisdiction requires something less than full deferral, in which case, only the lesser amount would be recorded for accounting and rate-making purposes. The ultimate effect, if any, on the Company's earnings is not presently determinable pending definitive action on the proposals by the Federal Power Commission and any actions which may subsequently be taken by rate regulatory bodies.