Walmart: Walmart takes no position. Staff: Staff has no position pending evidence adduced at the hearing. ISSUE adjustments are made to proposed depreciation and dismantling FPL’s expenses, what is the impact on rate base A. For the 2017 projected test year? FPL: Other than the adjustments listed on FPL witness Exhibit KO-20, no Ousdahl’s other adjustments are appropriate. (Ferguson) OPC: To reflect OPC witness adjustment to depreciation and dismantlement Pous’ expenses, rate base should be increased (accumulated depreciation decreased) by $146.314 million ($130.489 million jurisdictional) for depreciation expense, and $115.391 million ($102.910 million jurisdictional) for the depreciation reserve excess. An additional adjustment to increase rate base should also be made to reflect OPC witness adjustment of $.428 million (total and Schultz’s jurisdictional) for the 2017 storm hardening plant. (Smith, Pous, Schultz) AARP: No position. FEA: FEA adopts the position of OPC. Adopt position of OPC. FIPUG: FRF: Agree with OPC. Larsons: The Larsons agree with and adopt preliminary position on this issue. OPC’s SFHHA: Reducing accumulated depreciation to reflect depreciation expense reductions would increase its rate base impact by $97.249 million. Reflecting extended amortization of capital recovery costs would increase rate base by $11.272 million. Reducing accumulated fossil dismantling to reflect dismantling expense reductions would increase rate base by $2.666 million. Sierra Club adopts position. Sierra Club: OPC’s Walmart: Walmart takes no position. Staff: Staff has no position pending evidence adduced at the hearing. B. If applicable, for the 2018 subsequent projected test year? FPL: Other than the adjustments listed on FPL witness Exhibit KO-20, no Ousdahl’s other adjustments are appropriate. (Ferguson)
Walmart: Walmart takes no position. Staff: Staff has no position pending evidence adduced at the hearing. ISSUE adjustments are made to FPL’s proposed depreciation and dismantling expenses, what is the impact on rate base A. For the 2017 projected test year? FPL: Other than the adjustments listed on FPL witness Ousdahl’s Exhibit KO-20, no other adjustments are appropriate. (Ferguson) OPC: To reflect OPC witness Pous’ adjustment to depreciation and dismantlement expenses, rate base should be increased (accumulated depreciation decreased) by $146.314 million ($130.489 million jurisdictional) for depreciation expense, and $115.391 million ($102.910 million jurisdictional) for the depreciation reserve excess. An additional adjustment to increase rate base should also be made to reflect OPC witness Schultz’s adjustment of $.428 million (total and jurisdictional) for the 2017 storm hardening plant. (Smith, Pous, Schultz) AARP: No position. FEA: FEA adopts the position of OPC. FIPUG: Adopt position of OPC. FRF: Agree with OPC. Larsons: The Larsons agree with and adopt OPC’s preliminary position on this issue. SFHHA: Reducing accumulated depreciation to reflect depreciation expense reductions would increase its rate base impact by $97.249 million. Reflecting extended amortization of capital recovery costs would increase rate base by $11.272 million. Reducing accumulated fossil dismantling to reflect dismantling expense reductions would increase rate base by $2.666 million. Sierra Club: Sierra Club adopts OPC’s position. Walmart: Walmart takes no position. Staff: Staff has no position pending evidence adduced at the hearing. B. If applicable, for the 2018 subsequent projected test year? FPL: Other than the adjustments listed on FPL witness Ousdahl’s Exhibit KO-20, no other adjustments are appropriate. (Ferguson)
06885-2016_16-0341.ord.docx