Loading...
HomeMy WebLinkAbout09252018 City Council Work Session - Presentation on Alaska Railbelt Transcof `t3 oq 2 5 W oft. k45�,'o 18 f- Nj,&� nt,,- L, Alaska RailbeltTransco A Progress Report by the Railbelt Utilities CHWVA=9 GVEA HanerEkcnu rr Regulatory Commission of Alaska Public Meeting /�,�,�j:. �1�aP �- :.�.rw� September z6, zoi8 1 Progress Since Last Update Category Item Status Govemance Utility Representation on board, voting procedures, number and qualifications of independent tentative board members dispute resolution agreement Service Agreements Utilities responsible for maintaining transmission assets in certificated service areas, under tentative contract with the Transco. Transco to determine O&M responsibilities/ delineation for assets agreement crossing multiple jurisdictions. Reliability Standards Adopted Railbelt Reliability Standards and Planning Protocols as approved bythe RCA and tentative and Planning administered by the Railbelt Reliability Council agreement Protocols Transco Service All assets 6gkVa in the certificated areas of and/or interconnecting the participating utilities or tentative Territory and as determined by the Transco as providing transmission service+ agreement franchise Ratesrrariff Structure Tariff structure and return on equity, to be proposed as part of the CPCN application. Initial tentative cost allocation. agreement Open Access Transmission Tariff for Network Transmission Service. tentative agreement Technical and Substantial agreement onthe approach of accomplishing shared servicesthrough service tentative Professional Services agreements among the utilities and ATC. Company specific responsibilities/agreements under agreement discussion. Equity Participation Determined annually by each utility's percentage of cost allocation adjusted for ATC's equity tentative participation a Rotation. Specific percentages for ATC and each utility under discussion agreement Executive Leadership Initial CEO, COO,CFO (positions may be combined in start-up phase) needs decision GVEA ffo^x, Wn'h AMEA �.4.xeurk+n, Inc. 2 M® LV ,. ..._ .. 1 9/25/2018 • Final analysis of additional benefits vs costs of aTransco formation based on recent pooling progress, including size and incremental cost of the new organization; The economic impact from changes in transmission rates and the overall impact on the cost of energy; Assurance that Transco formation continues to meet its obligations to serve consumers through clear reliability and planning standards and reasonable rates; Critical Regulatory certainty, including the recovery of prudently incurred costs, based Decision upon the adopted standards, and the ability to meet long-term financial obligations; Factors A governance structure that ensures the Railbelt's transmission network will be operated and maintained economically and effectively to meet the needs of present and future consumers; Ownership and capital structure to maintain majority Railbelt ownership to ensure local control and governance; • Integration with potential establishment of a Railbelt Reliability Council and other Railbelt optimization measures. Timeline ,r ;GVEA WH„°x ram«. AMEA Inc. 3 • May -September, 20i8: Monthly Railbelt Utility Manager (RUM) discussions to negotiate and finalize key Transco Elements resulting in tentative agreements • September -October, 2oi8: Proposed terms presented to Railbelt Utility boards/governing bodies • ML&P- no board decision required at this time • HEA-Septemberll • GVEA -September 24 • Chugach -September z7 • SES —work session on September 25, potential decision on October 8 • MEA—October8 • 04 2o3.8: Report to RCA on utility decisions • Q4 201.8: Finalize CPCN and/or final report to RCA V�,�... GVEA �Hnmx,Ekc7 � A r••ri � A x Wkm, Inc. 4 2 9/25/2018 Alaska RailbeltTransco A Progress Report by the Railbelt Utilities CHUG._.': GVE—A Regulatory Commission of Alaska Public Meeting "MFA September 26, 203.8 5 ..