Transmission Engineer Meeting Agenda for MRES, MMU, and WMU - October 27, 2023
John Weber, Senior Transmission Engineer, leads a meeting discussing regulatory changes, specific rate information for MRES, MMU, and WMU in 2024, true-up details on attachments, and incorporation of 2024 FLTYs into rates effective January 1, 2024. The meeting also covers the background of MRES, FERC issues, procedures, and timelines, including deadlines for information requests and challenges.
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Presentation Transcript
October 27, 2023 John Weber Senior Transmission Engineer
Agenda Meeting Purpose MRES Profile MRES, MMU, and WMU FLTY for 2024 Question/Answer
Meeting Purpose MRES background Regulatory Changes / Timelines MRES, MMU and WMU specific rate information MRES 2024 FLTY with true-up info on Attachment O/GG/MM from 2022 MMU 2024 FLTY with true-up info on Attachment O from 2022 WMU 2024 FLTY with true-up info on Attachment O from 2022 The 2024 FLTYs will be incorporated into rates effective on January 1, 2024.
- 61 Members served - Transmission: ~362 miles - Generation: ~788 MW - Renewable: ~130.2 MW MRES MISO & SPP Members, Generation and Transmission Rugby Wind Project Fort Peck Dam d ITA Garrison Dam Canyon Ferry Dam Big HornRiver YellowtailDam Marshall WindProject Pierre Solar Project Watertown PowerPlant Irv Simmons Oahe Dam Big BendDam PointBeach NuclearPlant Odin WindProject Gavin s Point Dam Fort RandallDam Worthington WindProject Hancock Co. Wind Laramie River Station MBPP Exira Station Red Rock Hydroelectric Plant MRES Member in MISOMarket MRES Member in SPPMarket MRES GenerationResource Federal Hydroelectric Dam CapX 2020 Transmission Routes
MRES FERC Background Transmission facilities are owned by Western Minnesota Municipal Power Agency (WMMPA) FERC Declaratory Order (EL08-22, 12/08) combines financial statements for ATRR Attachment O effective 6/1/11 Incentive filing (EL11-45, 6/11) CapX; Fargo P2 & P3, and Brookings CWIP, Abandon Plant, Hypothetical cap structure 205 filing (ER12-351, 11/11) FERC Approved ER12-351, and EL 11-45 on January 20, 2012 FERC Approved ER17-1515 on July 25, 2017 DA of Property Taxes, RTO ROE incentive adder, effective 7/1/17 FERC Approved ER23-2284 on 8/31/23 for LRTP Incentives
Regulatory / FERC Issues, Procedures and Timing cont. By June 1st Post actual calculations and true-ups based on prior year s Rate Information By September 1st Meet with Interested Parties to discuss the actual prior year s Rate information By October 1st Post FLTY info for MRES, MMU, and WMU By October 31st Meet with Interested Parties to discuss the next year s (FLTY) Rate information December 1st Deadline for information requests By January 10th Must respond to information requests January 31st Deadline for informal challenges March 15th Annual Informational filing April 15th Deadline for formal challenges
2024 Projects MRES has completed constructing the Lorain Substation near Worthington, MN which is included in 2024 rates ($5M total cost) On July 25 2022, the MISO board approved the LRTP Tranche 1 projects, including a new 345 kV line between Big Stone and Alexandria MRES will own a portion of the line and the Alexandria Substation as well as part of the line to Big Oaks Attachment MM Project with an estimated cost of $573.5M CWIP from the project will be included going forward 7
MRES 2024 FLTY Attachment O Gross $4,845,056 Estimated Revenue Credits $(160,273) Historic Year True-up $115,511 Attachment O Net $4,800,295 Attachment GG Gross $8,924,136 Historic Year True-up $(222,356) Attachment O Net $8,701,780 Attachment MM Gross $5,824,547 Historic Year True-up $361,602 Attachment O Net $6,186,149
MRES member Attachment O Information MRES is MISO TO on behalf of 10 MRES members; only 2 use a forward looking template MRES has an agency agreement with MMU and WMU MRES is contact for any initial questions NSP JPZ MMU FLTY GRE JPZ WMU FLTY
MMU FERC Activities Transmission facilities are owned by Marshall Municipal Utilities Commission (MMU) FERC approved filing effective 1/1/15, ER15-142 MRES filing to request RTO incentive adder ER15-2724, accepted Nov 2015
MMU 2024 FLTY Attachment O Gross $1,741,864 Estimated Revenue Credits ($36,000) Historic Year True-up $17,566 Attachment O Net $1,723,430
WMU FERC Activities Transmission facilities are owned by Willmar Municipal Utilities Commission (WMU) FERC approved 30.9 credits effective 12/1/2010, ER10-3180 FERC approved FLTY filing effective 1/1/16, ER16-18 MRES filing to become TO on behalf of WMU effective 6/1/2019, ER19-1211
WMU 2024 FLTY Attachment O Gross $2,799,509 Estimated Revenue Credits ($44,183) Historic Year True-up ($517,797) Attachment O Net $2,237,529
Questions If you have any questions after the meeting, please submit via e-mail to John Weber: john.weber@mrenergy.com All questions and answers will be posted on the MRES OASIS website along with any follow-up questions received within 15 business days from the date of inquiry on the OASIS site. (http://oasis.midwestiso.org/OASIS/MRET)
