Appalachian Power 2023 Rate Review Stipulation
Appalachian Power 2023 Rate Review Stipulation
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eFiling CASE Document Cover Sheet d
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Case Number (if already assigned) PUR-2023-00002 p
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Case Name (if known) Application of Appalachian Power Company for a 2023
triennial review of its rates, terms and conditions
pursuant to § 56-585.1 of the Code of Virginia
Submission ID 28525
By Electronic Filing
Sincerely,
James G. Ritter
APPLICATION OF
Pursuant to Rule 110 of the Rules of Practice and Procedure of the State Corporation
the Staff of the State Corporation Commission (“Staff’), Appalachian Voices, the Kroger
Company (“Kroger”), Old Dominion Committee for Fair Utility Rates (“ODCFUR”), Virginia
request that the Hearing Examiner recommend that the Commission accept the attached
Stipulation as a full and fair resolution of the issues in this proceeding and that the Commission
accept the Stipulation. While not a Stipulating Participant, Steel Dynamics, Inc. (“SDI") has
authorized the Stipulating Participants to represent that it does not object to the Commission
The Stipulation resolves all issues between the Stipulating Participants regarding the
Company’s Application in this proceeding. Among other agreements, the Stipulation provides
for an annual revenue requirement increase of $127.3 million. As shown in Attachment C to the
Stipulation, the increase agreed to in the Stipulation results in a $16.03 increase to the monthly
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bill for a residential customer using 1,000 kWh per month, rather than the $25.03 increase Q
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proposed in the Company's as-filed application. IH
WHEREFORE, the Stipulating Participants hereby request that the Hearing Examiner
recommend that the Commission accept, and that the Commission accept, the Stipulation as a
Respectfully submitted,
Noelle J. Coates
James G. Ritter
American Electric Power Service Corporation
Three James Center
1051 East Cary Street, Suite 1100
Richmond, VA 23219
tel: (804) 698-5541 (NJC)
tel: (804) 698-5544 (JGR)
njcoates@aep.com
jritter@aep.com
James R. Bacha
American Electric Power Service Corporation
1 Riverside Plaza
Columbus, OH 43215
tel: (614) 716-3410
jrbacha@aep.com
Cassandra C. Collins
Timothy E. Biller
C. Dixon Wallace HI
Hunton Andrews Kurth LLP
Riverfront Plaza, East Tower
951 East Byrd Street
Richmond, VA 23219
tel: (804) 788-8200
scol 1 ins@huntonak.com
tbiller@huntonak.com
dwallace@huntonak.com
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April M. Jones <3
Woods Rogers Vandeventer Black, PLC K3
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Riverfront Plaza, West Tower U1
901 East Byrd Street, Suite 1550
Richmond, VA 23219
tel: (804) 956-2057
april.jones@wrvblaw.com
Charles J. Dickenson
Woods Rogers Vandeventer Black, PLC
10 South Jefferson Street, Suite 1400
Roanoke, VA 24011
tel: (540) 983-7621
charlie.dickenson@wrvblaw.com
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CERTIFICATE OF SERVICE <3
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I certify that on August 22, 2023, a copy of this document was served by electronic mail Vi
on:
APPLICATION OF
STIPULATION
(“Staff’), Appalachian Voices, the Kroger Company (“Kroger”), Old Dominion Committee for
Fair Utility Rates (“ODCFUR”), Virginia Poverty Law Center (“VPLC”), VML/VACo APCo
“Stipulating Participants”) as to Appalachian’s application for a triennial review of its base rates,
terms and conditions pursuant to Va. Code § 56-585.1. In addition, Steel Dynamics, Inc.
(“SD1”) has authorized the Company to state that it does not oppose the Stipulation. This
Stipulation resolves all issues raised by the Stipulating Participants in this proceeding, as
specifically enumerated below. The Stipulating Participants hereby stipulate, agree and
recommend that this Stipulation be adopted and the Application be approved as modified below:
$127.3 million. This annual revenue requirement increase is not based on any particular
2. The Stipulating Participants agree that the Company’s authorized ROE will be 9.5
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3. Depreciation rates for Amos Units 1-3 will be based on a retirement date of 2040.
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The agreed-upon depreciation rates are as set forth in Attachment A and will be implemented as in
of January 1,2023.
4. A severe weather event regulatory asset of $49.6 million will be established and
amortized over a three-year period beginning concurrently with the implementation of new base
rates.
5. Amortization of the COVID regulatory asset will begin concurrently with the
implementation of new base rates and will run over a three-year period.
6. The SO2 regulatory asset will be amortized over a ten-year period from January 1,
7. The Staffs proposal for vegetation management shall be adopted, including the
use of a regulatory asset/liability to address cost over- and under-runs. Consistent with Staffs
position, the base rate starting point will be approximately $18.8 million annually.
9. The Stipulating Participants agree that the revenue requirement will include the
stand-alone net operating loss carryforward (“NOLC”) adjustments consistent with the testimony
10. The corporate alternative minimum tax (“CAMT”) will be set at $0 annually, with
the ability to defer CAMT incurred above that, net of any CAMT tax credits utilized. The parties
agree that deferral of these costs has no ratemaking implications until addressed in a future
ratemaking proceeding and that these amounts will be calculated on a stand-alone basis as
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II. The low-income customer charge exemption proposal and $8.00 residential a
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customer charge shall be adopted. tn
12. The Company’s proposed Residential Low Income Provision - Waiver of the
Basic Service Charge shall be approved. Percentage of Income Payment Program (“PIPP”)
customers will be eligible once the PIPP program is implemented. The Low Income Provision
13. The Stipulating Participants agree to revisit the Low Income Provision “applied
vs. participant” issue, addressed in the testimony of VPLC witness Dana Wiggins and rebuttal
testimony of Company witness Katharine I. Walsh, in the Company’s 2024 biennial rate case.
14. The annual revenue requirement increase identified above will be functionalized
between the generation and distribution service functions and apportioned to each customer class
as shown in Attachment B appended to this Stipulation. The revised impacts to typical customer
bills under the Company’s standard rate schedules (Schedule 43) are shown in Attachment C
15. The Company’s Rate Schedule GS rates will be designed as proposed in the direct
testimony of Kroger witness Justin Bieber, with three energy blocks scaled down to meet the
revised revenue targets produced by Attachment B. Rate Schedule GS rate adjustment clause
(“RAC”) rate design will be updated to reflect this change as new RAC rates are filed and
discussed in the direct testimony of Company witness Katharine I. Walsh shall be adopted.
1 As shown in Attachment C, this results in a $ 16.03 increase to the monthly bill for a residential customer
using 1,000 kWh per month, rather than the $25.03 increase proposed in the Company's as-filed application.
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17. The Stipulating Participants recommend that the Commission approve the Q
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following modifications to the Company’s Tariffs, Terms and Conditions of Service:
a. Update the list of cities, towns, and districts included in its tariff to reflect the
b. Amend the Distribution Interconnection Rider to add “combined studies” to the list
c. Make minor clarifying changes to the Outdoor Lighting and Large Power Service
e. Remove all references to expired tariff Schedules 012 and 032 as reflected in
G.S. to clarify the criteria for assigning customers to the appropriate Standard
h. The Company’s proposed changes to Rider EDR will be adopted, however such
changes will additionally include a fixed contract term of no less than five years;
i. The Company will work with Staff to develop appropriate language to revise its
j. The Company agrees to propose a tariff for customers interested in public DCFC
in the Company’s biennial review filing in March 2024 and to meet with interested
Stipulating Participants at least ninety (90) days prior to the Company’s biennial
review filing to discuss rate design options for such tariff proposal;
k. The Company agrees to work with the Department of Social Services to receive
I. The Company agrees to meet with VPLC prior to the next base rate case filing to
discuss matters related to customer service, including but not limited to information
risk.
18. The Stipulating Participants further agree that the following, including all exhibits
and attachments, in both public and confidential versions as applicable, shall be made part of the
a. Company Direct
income and comparative balance sheet contained in FERC Form No. 1 filed
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ii. The Pre-filed Direct Testimony of Aaron D. Walker; William K. Castle; A. Q
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Wayne Allen; Jason A. Cash; Jessica M. Criss; Jaclyn N. Cost; Michael M. Ui
b. Appalachian Voices
i. The Pre-filed Direct Testimony of Gregory Abbott filed on July 13, 2023.
d. ODCFUR
e. Kroger
i. The Pre-filed Direct Testimony of Justin Bieber filed on July 14, 2023.
f. Walmart
i. The Pre-filed Direct Testimony of Lisa V. Perry and Steve W. Chriss filed
g. VPLC
i. The Pre-filed Direct Testimony of Dana Wiggins filed on July 14, 2023.
h. Commission Staff
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i. The Pre-filed Direct Testimony of Sean M. Welsh; Arwen F. Otwell; Farris a
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M. Maddox; Phillip M. Gereaux; Cameron T. Hunt; Justin M. Morgan; VI
i. Company Rebuttal
19. This Stipulation represents a compromise for the purposes of settlement in this
proceeding only and shall not be regarded as precedent with respect to any ratemaking or any
other principle in any future proceeding. The Stipulating Participants agree that the resolution of
the issues herein, taken as a whole, and the disposition of all other matters set forth in the
Stipulation are in the public interest. This Stipulation is conditioned on and subject to
acceptance by the Hearing Examiner and the Commission and is non-severable and of no force
or effect and may not be used for any other purpose unless accepted in its entirety by the Hearing
Examiner and the Commission, except that this paragraph shall remain in effect in any event.
20. In the event that the Hearing Examiner or the Commission does not accept the
Stipulation in its entirety, including the issuance of a recommendation by the Hearing Examiner
that the Commission not approve the Stipulation, the Stipulating Participants retain the right to
withdraw their support for the Stipulation. Tn the event of such action by the Commission or the
Hearing Examiner, any Stipulating Participant will be entitled to give notice exercising its right
to withdraw support for the Stipulation; provided that the Stipulating Participants may, by
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unanimous consent, elect to modify the Stipulation to address any modifications required, or a
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issues raised, by the Commission or Hearing Examiner.
21. Should the Stipulation not be approved by the Commission, it will be considered
void and have no precedential effect, and the Stipulating Participants reserve their rights to
participate in all relevant proceedings in the captioned case notwithstanding their agreement to
the terms of the Stipulation. If the Commission or Hearing Examiner chooses to reject the
Stipulation, the Stipulating Participants may request that additional evidentiary hearings be
convened, at which time additional testimony and evidence may be presented by the case
participants and cross-examination may occur thereon regarding any issues arising in those
proceedings. Further, to the extent that the Hearing Examiner’s Report has been filed, the
Stipulating Participants may seek leave to file additional comments on the Hearing Examiner’s
Report.
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APPALACHIAN POWER COMPANY a
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By:
Cassandra C. Collins
Timothy E. Biller
C. Dixon Wallace III
Hunton Andrews Kurth LLP
Riverfront Plaza, East Tower
951 East Byrd Street
Richmond, VA 23219
tel: (804) 788-8200
scol 1 ins@huntonak.com
tbiller@huntonak.com
dwal I ace@huntonak. com
APPALACHIAN VOICES a
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By:
Counsel
Josephus Allmond, Esq.
Nathaniel H. Benforado, Esq.
William C. Cleveland, Esq.
Southern Environmental Law Center
jallmond@selcva.org
nbenforado@selcva.org
wcleveland@selcva.org
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THE KROGER COMPANY a
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By:
Counsel
Kurt J. Boehm. Esq.
Jody Kyler Cohn. Esq.
Boehm, Kurtz & Lowry
kboeli m @B KLawfi rm .com
jkyleicohn@BKLawfirm.com
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OLD DOMINION COMMITTEE Q
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FOR FAIR UTILITY RATES H>
By:
Counsel
S. Perry Coburn
Timothy G. McCormick
Christian F. Tucker
Christian & Barton, llp
901 E. Cary Street, Suite 1800
Richmond, VA 23219
Tel. (804) 697-4176
pcobum@cblaw.com
tmccormick@cblaw.com
ctucker@cblaw. com
Counsel for the Old Dominion Committee for Fair Utility Rates
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VIRGINIA POVERTY LAW CENTER C3
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By:
Counsel
Matthew L. Gooch, Esq.
William T. Reisinger, Esq.
ReisingerGooch, PLC
matt@reisingergooch.com
wi 11@reis ingergooch.com
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VML/VACO APCO STEERING KJ
COMMITTEE H
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By:
Counsel
John L. Walker, III, Esq.
Anna T. Birkenheier, Esq.
Williams Mullen PC
jwalker@williamsmullen.com
abirkenheier@williamsmullen.com
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WALMART INC. €1
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By: I _
CounseLx
Counse!
Carrie H. Grundmann, Esq.
Barry A. Naum, Esq.
Steven W. Lee, Esq.
Spilman Thomas & Battle PLLC
cgrundmann@spilmanlaw.com
bnaum@spilmanlaw.com
slee@spilmanlaw.com
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Attachment A
Average
Acct Retirement Survivor Net Remaining Annual Depreciation
No Desoriprion Date Curve Salvage Original Cost Theoretical Reserve Book Reserve Future Accruals Life Accrual Rate
Steam Production Plant
Amw 1 & i 2040
311 Structures & Improvements 1.07 $58,034,633 $45,312,728 $36,681,589 $25,415,468 17.25 $1,473,410 2.54%
312 Boiler Plant Equipment 1.09 $1,401,767,797 $972,425,890 $808,509,544 $719,417,355 16.72 $43,015,453 3.07%
314 Turbogenerator Units LI I $128,093,823 $102,233,372 $54,000,400 $88,183,744 16.25 $5,427,139 4,24%
315 Accessory Electrical Equip. 1.08 $58,275,646 $45,628,549 $27J 10,951 $35,626,747 17.13 $2,079,733 3.57%
316 Misc. Power Plant Equip. 1.09 $6,748,478 $5,062,963 $796,085 $6,559,756 16,81 $390,149 5.78%
$1,652,920,377 $1,170,663,502 $927,298,569 $875,203,069 16.71 $52,385,835 3.17%
Amos 3 2040
311 Structures & Improvements 1.07 $I17.O3L573 $87,018,865 $73,909,367 $51,314,416 17.25 $2,974,848 2.5454
312 Boiler Plant Equipment 1.09 $1,597,058,646 $1,037,658,473 $855,173,652 $885,620,272 16.72 $52,953,070 3.32%
314 Turbogenerator Units 1.11 $161,114,550 $111,859,530 $85,892,279 $92,944,872 16.25 $5,720,156 3.55%
315 Accessory Electrical Equip. 1.08 $37,937,575 $30,069,889 $24,156,071 $16,816,510 17.13 $981,674 2.59%
316 Mist Power Plant Equip. 1.09 $31.627,585 $23,402,890 $17,723,741 $16,750327 16,81 $996,246 3.15%
$1,944,769,929 $1,290,009,647 $1,056,855,110 $1,063,446,396 16.71 $63,625^93 3.27%
Mountaineer 2040
311 Structures & Improvements 1.09 $230,659,360 $136,926,289 $97,156,515 $154,262,187 17.25 $8,943,034 3.88%
312 Boiler Plant Equipment LIO $1,178,991,392 $746,814,182 $607,257,819 $689,632,712 16.72 $41334,568 3,50%
314 Turbogenerator Units 1.12 $131,720,331 $79,168,914 $58,542,521 $88,984,250 16.25 $5,476,405 4.16%
315 Accessory Electrical Equip. 1.09 $76,652,311 $56,470,055 $56,711,876 $26,839,143 17.13 $1,566,752 2.04%
316 Miso. Power Plant Equip. 1.10 $24.209,570 $16,244,004 $14,062,673 $12,567.854 16.81 $747,488 3.09%
$1,642,232,964 $1,035,623,444 $833,731,404 $972,286,146 16.77 $57,968,247 3.53%
Other
311 Centralized Maintenance 1.00 $85,770 $55,680 $56,751 $29,019 17.25 $1,682 1.96%
316 Central Machine Shop 1.00 $22,580,761 $11,963,066 $10,704,250 $11,876,511 16.81 $706,370 3.13%
311 Little Broad Run Ash Disposal 1.00 $267,028 $112,197 $102,214 $164,814 17.25 $9,555 3.58%
312 Little Broad Run Ash Disposal LOO $50,333,699 $22,224,833 $19,680;861 $30,652,838 16.72 $1,832,797 3.64%
315 Little Broad Run Ash Disposal 1.00 $64,843 $24,642 $23,283 $41,560 17.13 $2,426 3.74%
$73,332,101 $34,380,418 $30,567,359 $42,764,742 16.75 $2,552,830 3.48%
311 Structures & Improvements 1.08 $433,177,001 $296,765,033 $233,299,874 $235,600,968 $15,172,032 3.50%
312 Boiler Plant Equipment 1.09 $4,443,814,840 $2,986,921,824 $2,483,630,545 $2,369,544,145 $156,832,502 3.53%
314 Turbogenerator Units 1.11 $461,452,848 $335,162,918 $237,354,047 $275,770,576 $18,909,215 4.10%
315 Accessory Electrical Equip. 1.09 $183,975,696 $143,516,174 $118,719,318 $80,956,676 $5,285,570 2.87%
316 Miso. Power Plant Equip. 1.07 $91,618,720 $62,999,748________________
$49,163,271 $48,975,484 $3330.087 3.63%
Total Steam Production Plant $5,614,039,105 $3^25365,697 $3,122,167,055 $3,010,847,848 15.09 $199,529,407 3.55%
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Attachment A
Average
Acct Retirement Survivor Net Remaining Annual Depreciation
No Description Date Curve Salvage Original Cost Theoretical Reserve Book Reserve Future Accruals Life Accrual Rate
BvOcsby 2074
331 Structures & Improvements 1.34 $1,631,207 $612,196 $1,163,795 $1,022,022 49.20 $20,773 1.27%
332 Reservoirs, Dams & Waterways 1.34 $7,469,565 $2,669,678 $7,422,567 $2,586,650 49.18 $52,592 0.70%
333 Waterwheels, Turbines A Gen. 1.34 $3,701,883 $1,729,798 $3,877,975 $1,082,548 45.53 $23,774 0.64%
334 Accessory Electrical Equip. 1.34 $1,110,444 $707,948 $1,225,611 $262,384 40.88 $6,419 0.58%
335 Misc Power Plant Equip. 1.34 $1,046,505 $384,961 $1,074,356 $327,961 46.83 $7,003 0.67%
$14,959,604 $6,104,581 $14,764,304 $5,281,565 47.77 $110,561 0.74%
Clavtar 2041
331 Structures A Improvements 1.34 $4,327,421 $3,107,157 $1,697,755 $4,100,989 18.20 $225,289 5.21%
332 Reservoirs, Dams A Waterways 1.34 $12,713,953 $12,372,619 $10,216,201 $6,820,496 18.20 $374,726 2.95%
333 Waterwheels. Turbines A Gen. 1.34 $4,897,396 $4,091,115 $2,344,380 $4,218,131 17.73 $237,900 4.86%
334 Accessory Electrical Equip, 1.34 $3,295,632 $2,815,457 $2,342,452 $2,073,695 17.13 $121,055 3,67%
335 Mtsc Power Plant Equip. 1.34 $3,121,130 $2,230,204 $1,793,587 $2,388,727 17*90 $133,466 4.28%
336 Roads, Railroads A Bridges 1.34 $31,799 $34,702 $33361 $9,250 18.50 $500 1.57%
$28,387,331 $24,651,254 $18,427,736 $19,611388 17.94 $1,092,937 3.85%
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Attachment A
Average
Acct Retirement Survivor Net Remaining Annual Depreciation
No Description Date Curve Salvage Original Cost Theoretical Reserve Boole Reserve Future Accruals Life Accrual Rate
Lees yifle 2040
331 Structures A Improvements 1.34 $3,859,754 $3,433,965 $2,700,271 $2,471,799 17.23 $143,422 3.72%
332 Reservoirs, Dams A Waterways 1.34 $12,139,863 $11,090,726 $9,244,413 $7,023,003 17.23 $407,539 3.36%
333 Waterwheels, Turbines A Gen. 1.34 $3,763,917 $3,678,713 $3,306,022 $1,737,627 16.81 $103,359 2.75%
334 Accessory Electrical Equip. 1.34 $1,975,143 $1,302,516 $746,958 $1,899,734 16.27 $116,732 5.91%
335 Misc Power Plant Equip 1.34 $3,233338 $2,163,073 $1,328,123 $3,004,550 16.96 $177,144 5.48%
336 Roads, Railroads A Bridges 1.34 $80.790 $83.275 $85,830 $22,429 17,50 $1,282 1.59%
$25,052,805 $21,752,268 $17,411,617 $16,159,142 17.02 $949,477 3.79%
London 2064
331 Structures A Improvements 1.34 $651,516 $416,096 $231,352 $641,679 40.01 $16,040 2.46%
332 Reservoirs, Dams A Waterways 1.34 $1,707,850 $931,210 $793,151 $1,495,368 40.00 $37388 2.19%
333 Waterwheels, Turbines A Gen. 1.34 $10,347,049 $2,685,873 $1,229,485 $12,635,561 37.63 $335,816 3.25%
334 Accessory Electrical Equip. 1.34 $1,972,831 $1,252,592 $1,195,093 $1,448,501 34.60 $41,860 2.12%
335 Miso. Power Plant Equip. 1.34 $682,246 $251,644 $185,542 $728,668 38.47 $18,942 2.78%
336 Roads, Railroads A Bridges 1.34 $48,853 $37,905 $42,762 $22,701 41.50 $547 1.12%
$15,410345 $5,575,320 $3,677,385 $16,972,477 37.67 $450,594 2.92%
Marmet 2064
331 Structures A Improvements 1.34 $1,788,911 $659,333 $415,857 $1,981384 40.01 $49,525 2.77%
332 Reservoirs, Dams A Waterways 1.34 $2,354,076 $1,054,986 $926,066 $2,228,396 40.00 $55,716 2.37%
333 Waterwheels, Turbines A Gen 1.34 $10,033,570 S2.769.003 $859,046 $12,585,938 37.63 $334,498 3J3%
334 Accessory Electrical Equip. 1.34 $2,235,578 $1,432,085 $1,363,095 $1,632,580 34.60 $47,180 2.11%
335 Mtsc. Power Plant Equip. 1.34 $919,251 $378,741 $322,987 $908,809 38.47 $23,626 2,57%
336 Roads, Railroads A Bridges 1.34 $1,275 $993 $1,131 $578 41,50 $14 1.09%
$17^32,661 $6,295,141 $3,888,182 $19337.584 37.88 $510,558 2.95%
Niagara 2064
331 Structures & Improvements 1.34 $720,630 $282,941 $631,793 $333,851 40.01 $8,345 L16%
332 Reservoirs, Dants A Waterways 1.34 $6,734,005 $3,244,998 $6,685,071 $2,338,496 40.00 $58,468 0.87%
333 Waterwheels, Turbines & Gen. 1.34 $639,684 $414,613 $733,678 $123,499 37.63 $3,282 0.51%
334 Accessory Electrical Equip 1.34 $502,995 $230,804 $513,656 $160,357 34.60 $4,634 0.92%
335 Misc. Power Plant Equip. 1.34 $314,266 $153,083 $325,704 $95,412 38.47 $2,480 0,79%
$8,911,580 $4,326,439 $8,889,902 $3,051,615 39.52 $77,210 0.87%
Attachment A
Average
Acct Retirement Survivor Net Remaining Annual Depreciation
No Description______________ Date Curve Salvage Original Cost Theoretical Reserve Book Reserve Future Accruals Life Accrual Rate
Winfield 2064
331 Structures & Improvements 1.34 $2,992,064 $974,082 $768,004 $3,241,362 40.01 $81,023 2,71%
332 Reservoirs. Dams & Waterways 1.34 $2,931,197 $1,409,174 $1,069,666 $2,858,138 40.00 $71,461 2.44%
333 Waterwheels, Turbines & Gen, 1.34 $7,741,007 $2,581,850 $876,920 $9,496,029 37.63 $252,377 3.26%
334 Accessory Electrical Equip. 1.34 $274,281 $137,077 $85,425 $282,112 34.60 $8,153 2^7%
335 Misc. Power Plant Equip. 1.34 $3,437,319 $2,045,413 $1,987,609 $2,618,398 38.47 $68,068 1.98%
336 Roads, Railroads & Bridges 1.34 $23,567 $12,363 $13,073 $18,507 41.50 $446 1.89%
$17,399,435 $7,159,959 $4,800,697 $18,514,546 38.45 $481,528 177%
Tout! Hydro
331 Structures & Improvements 1.34 $33,386,322 $25,043,477 $21,504,588 $23,233,083 21.82 $1,064,923 3.19%
332 Reservoirs, Dams & Waterways 1.34 $87,037,721 $66,755,340 $68,843,148 $47,787,398 21.27 $2,247,136 2.58%
333 WatETwhecis, Turbines & Gen. 1.34 $121,736,179 $83,013,386 $62,517,437 $100,609,043 21.10 $4,768,075 3.92%
334 Accessory Electrical Equip. 1.34 $26,970,334 $18,187,120 $15,842,759 $20,297,489 18.54 $1,095,027 4.06%
335 Misa Power Plant Equip. 1.34 $24,399,805 $15,535,636 $13,518,760 $19,176,979 20.10 $954,072 3.91%
336 Roads, Railroads & Bridges 1.34 $1,241,854 $1,230,636 $1,297,336 $366,748 18.78 $19,533 1.57%
Total Hydro Production Plant $294,772,215 $209,765,595 $183,524,028 $211,470,740 20.84 $10,148,766 344%
Dresden 2047
341 Structures & Improvements 1.02 $50,274,983 $15,123,016 $9,780,017 $41,500,466 22.57 $1,838,451 3.66%
342 Fuel Holders, Producers, & Acc. 1.01 $27,022,746 $8,018,734 $6,348,718 $20,944,255 23.70 $883,834 3.27%
344 Generators 1.01 $335,505,463 $94,570,538 $81,122,864 $257,737,654 23.61 $10,917324 3.25%
345 Accessory Electrical Equip. 1.01 $28,821,805 $8,288,648 $5,919,681 $23,190342 2196 $1,010,220 3.51%
346 Misc. Power Plant Equip. 1.02 $31,764,896 $10,504,846 $3,390.053 $29,010,141 17.80 $1,629,496 5.13%
$473,389,893 $136,505,782 $106,561,333 $372,382,858 22,87 $16.279325 3.44%
Byticsby 2039
348 Energy Storage Equipment 1.00 S5.726.249 $1,002,094 $1,025,237 $4,701,012 16.50 $284,910 4.98%
341 Structures & Improvements 1.02 $51,981338 $15,964,464 $11,088,686 $41,898,052 2151 $1,861,298 3.58%
342 Fuel Holden, Producers, & Ace. 1.01 $27,022,746 $8,018,734 $6,348,718 $20,944,255 23.70 $883,834 3.27%
344 Generators 1.01 $518,125,283 $183,000,835 $221,228,698 $300,251,640 2161 $13,280,310 2.56%
345 Accessory Electrical Equip. 1.01 $48,255,754 $17,612,583 $19,860,917 $28,683,055 21.70 $1,321,955 2.74%
346 Misc. Power Plant Equip. 1.02 $33,430,019 $11,054,642 $3,690,982 $30,390,986 17.63 $1,723,541 5.16%
348 Energy Storage Equipment 1.00 $5,726,249 $1,002,094 $1,025,237 $4.701,012 16.50 $284,910 4.98%
Total Other Production Plant $684441,289 $236,653352 $263,243,238 $426369,000 22.05 $19355449 2.83%
Total Production Rant $6,593352,609 S4J71,784,644 $3368,934321 $3,649,187338 15.93 $229,034,022 3.47%
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Attachment A
Average
Acct Retirement Survivor Net Remaining Annual Depreciation
No Description Date Curve Salvage Original Cost Theoretical Reserve Book Reserve Future Accruals Life Accrual Rate
Transmission Plant
352 Structures & Improvements 60- R3 1.28 $178.591348 $34,317,585 $30,185,484 $198,411,441 50.14 $3,957,149 2.22%
353 Station Equipment 43-R2 1.12 $2,079,782,648 $497,229,911 $395,343,276 $1,934,013,290 33.82 $57,185,491 2.75%
3 54 Towers & Fixtures 75-R4 1.22 $517,390,378 $194,367,265 $175,944,621 $455371.640 53.98 $8,434,080 1.63%
355 Poles & Fixtures 37-L1.5 1.21 $574,384,094 $131,261,447 $87,941,605 $607,063,149 28.39 $21,382,992 3.72%
356 OH Conductor & Devices 68-R4 1.28 $865,848,378 $254,142,520 $192,493,778 $915,792,146 53.18 $17,220,612 1.99%
357 Underground Conduit 42-S6 1.00 $19,190,127 $1,014,057 $852,179 $18,337,948 39.78 $460,984 2.40%
358 Underground Conductor 24-L3.5 1.00 $28,792,659 $6,585,109 $4,082.289 $24.710,370 18.51 $1,334,974 4.64%
Total Transmission Plant $4,263,979,632 $1,118,917,894 $886343032 $4,153,599,984 37.77 $109,976,282 L58%
Distribution Plant
361 Structures & Improvements 5O-R5 1.15 $48,700,758 $12,750,426 $10,417,550 $45,588,322 36.93 $1,234,452 2.53%
362 Station Equipment 50-L0.5 1.25 $444,999,100 $84,395,273 $94,099,318 $462,149,557 41.88 $11,035,090 2.48%
364 Poles, Towers, & Fixtures 44-R0.5 1.81 $450,137,849 $196,266,244 $281,252,623 $533,496,884 33.91 $15,732,730 3.50%
365 Overhead Conductor & Devices 40-Rl 1.24 $643,365,735 $160,698,859 $150,971,124 $646,802,387 31.05 $20,827,764 3.24%
366 Underground Conduit 57-R4 1.00 $84,752,604 $22,816,267 $25,769,871 $58,982,733 44.23 $1,333,546 1.57%
367 Underground Conductor 55-R2.5 1.00 $214,243,419 $58,549,798 $67^79,033 $146,964,386 40.91 $3,592,383 1.68%
368 Line Transformers 35-L0 1.21 $420,777,839 $131,146,525 $166,102,997 $343,038,188 27.43 $12^05.949 2.97%
369 Services 35-LI.5 1.31 $204,137,909 $86,135,129 $97,148,721 $170,271,940 26.15 $6,511,355 3.1938
370 Meters 15- L1 1.06 $119,549,391 $11,516,646 $8,047,514 $118,674,840 11.79 $10,065,720 8.42%
371 Installations on Custs Prem. 16- L0 1.29 $41,247,038 $14,358,466 $24,488,048 $28,720,631 11.38 $2,523,781 6.12%
372 Leased Property on Oust. Prem. 25-L3 1.00 $771 $520 $707 $64 11.40 $6 0.73%
373 Street Lighting & Signal Sys. 23-R0.5 1.37 $21,860,494 $12,241,838 $14,008,021 $15,940,856 14.58 $1,093,337 5.00%
Virginia Distribution Plant $2,693,772,907 $790,875,991 $939385^27 $2^70,630,788 29.73 $86,456,114 3.21%
370 MocfS 1.06 $47,141 $47.141 $47,462 $2,507 11.79 $213 0.45%
$47,141 $47,141 $47,462 $2,507 11.79 $213 0.45%
Total Distribution Plant $4,853306,442 S1,455,416380 $ 1,714,369,840 $4,690389,848 29.75 $157,668336 3.25%
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Attachment A
Average
Acct Retirement Survivor Nel Remaining Annual Depreciation
No Description________________ Date Curve Salvage Original Cost Theoretical Reserve Book Reserve Future Accruals Life Accrual Rate
General Plant
390 Structures & Improvements 46-R2.5 0,97 $247,065,475 $55,164495 $59437,715 $180,415,796 35.41 $5,095,052 2.06%
39) Office Furniture & Equipment 30-SQ 1.00 $14,402,600 $4,823,494 $5,066,298 $9,336,302 19.95 $467,985 3.25%
392 Transportation Equipment 27-SQ 1.00 $8,674 $2,335 $2,769 $5,905 19.73 $299 3.45%
393 Stores Equipment 55-SQ 1.00 $2,236,970 $667,409 5701,940 $1,535,030 38.59 $39,778 1.78%
394 Tools Shop & Garage Equipment 43-SQ 1.10 $46,477,079 $14,447,800 $14,033,782 $37,091,005 30.85 $1402.302 2.59%
395 Laboratory Equipment 37-SQ 1.00 $2,707,424 $1,599,222 $1,272,023 $1,435,401 15.14 $94,809 3.50%
396 Power Operated Equipment 25-SQ 1.00 $114,334 $2,675 (S1.721) $116,055 24.41 $4,754 4.16%
397 Communication Equipment 24-SQ 1.15 $187,394,480 $34,571,454 $25,786,571 $189,717,081 20.15 $9,415,240 5.02%
398 Miscellaneous Equipment 35-SQ 1.00 $10,583,741 $3,824,556 $4,170476 $6,413,465 22.35 $286,956 2.71%
Total General Plant $510390,777 $115,103440 $110,269,653 $426,066,040 25.66 $16407,175 3.25%
Total Depreciable Plant $16421^29,460 $6,961422,75$ $6,280,417,046 S12,919,243,460 25.17 $513,285,714 3.16%
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Attachment B
Settlement Settlement
Total Current _____________ Settlement Increase Settlement Settlement Base G and D Total Bill
Revenue1 Generation RIstriMififi I2tal ROR % Revgnuel % Increase1 %l.n<?rfiaM
Class Revenue
(D (2) (3) (4) (5) (6) = (4)+(5) (7) (8) = (3) + (6) (9) = (6)/(3) (10) = (6)/(2)
SGS 75,264,957 67,173,618 (2,124,617) 8,553,666 6,429,049 7.49% 73,602,667 9.57% 8.54%
MGS 49,953,398 42,862,531 (1,921,579) 6,751,648 4,830,069 6.74% 47,692,600 11.27% 9.67%
LPS 322,843,057 305,596,480 (7,439,805) 8,536,613 1,096,808 9.63% 306,693,288 0.36% 0.34%
SWS 4,029,051 3,244,323 (46,384) 660,758 614,374 0.41% 3,858,697 18.94% 15.25%
Total 1,486,884,495 1,308,093,636 (34,018,547) 161,318,652 127,300,105 7.15% 1,435,393,741 9.73% 8.56%
Attachment B
Company
As-Filed Settlement
Total Company As-Filed Total Bill Total Bill
Class Revenue Increase % Increase % Increase
(1) (2) (3) (4) = (3) / (2) (page 1)
Proposed
Line Current Proposed Billing Demand Metered Current BUI Bill %
No. Tariff Tariff Peak OffPk Exc. Energy Bill With RACs Increase Change
* Proposed Schedule GS includes 3rd energy block and all MGS customers