UTC Case Docket Details
Docket Number 230313
| Docket Number | UE-230313 |
|---|---|
| Advice | |
| Company | Puget Sound Energy |
| DBA | |
| Filing Type | Petition |
| Industry (Code) | Electric (140) |
| Status | Closed |
| Lead Staff | Oliver, Crystal (UTC) |
| Filed Date | 04/28/2023 |
| Effective Date | N/A |
| Summary | Petition for Approval of the 2022 Power Cost Adjustment Mechanism Report, including an annual deferral balance of $76.4 million, for the twelve months ended December 31, 2022. It also includes proposed Tariff Revision to WN U-60 Schedule 95, Power Cost Adjustment Clause, and Schedule 139, Voluntary Long Term Renewable Energy Purchase Rider to collect deferral balance from the Power Cost Adjustment Mechanism. The Company is requesting a revenue increase of $27.4 million or .96 percent, effective December 1, 2023. A typical residential customer using 800 kWh would see a $1.07 increase on their bill each month. (Do Not Change Summary.) |
Event History
- 11/22/2023 -- Approved (Commissioner Rendahl moved to issue an order: • Authorizing Puget Sound Energy (PSE or Company) to record a 2022 ratepayer deferral of $76.4 million for calendar year 2022, as reported in PSE’s Power Cost Adjustment (PCA) Mechanism report for 2022. • Finding the two Powerex Peak Power Purchase Agreements (PPA) to be prudent. • Deferring the prudency determination for the Chelan Power Supply Agreement (PSA) until PSE’s next General Rate Case filing. • Approving PSE’s proposed method to recover the 2022 PCA customer deferral balance via revisions to Tariff WN U-60 Schedule 95, Power Cost Adjustment Clause, and Schedule 139, Voluntary Long Term Renewable Energy Purchase Rider. Including the following condition: • Future PCA Mechanism report filing petition and cover letter must include the following language “Per Attachment A to the Settlement Stipulation approved under Final Order 11 in Docket UE-130617 the “Commission must review and approve the filing by September 30 of that year.” Until a new order modifies the review timeframe, the updated review deadline shall be included in the filing petition and cover letter. Commissioner Doumit seconded the motion. The motion carried (3:0) )
- 11/22/2023 -- Closed
- 11/22/2023 -- Open Meeting
- 11/09/2023 -- Continued (This item was continued to the November 22, 2023 open meeting.)
- 11/09/2023 -- Open Meeting
- 05/01/2023 -- Formal
- 05/01/2023 -- Open