FPL: No adjustments should be made to rate base for costs associated with Rule F.A.C., and the 10 point initiatives requirements. Commission’s (Miranda) OPC: No position. AARP: No position. FEA: No position. FIPUG: Adopt position of OPC. FRF: No position. Larsons: The Larsons agree with and adopt preliminary position on this issue. OPC’s SFHHA: No position. Sierra Club: No position. Walmart takes no position. Walmart: Staff: Staff has no position pending evidence adduced at the hearing. TEST PERIOD AND FORECASTING ISSUE projected test period of the 12 months ending December 31, 2017, FPL’s appropriate? FPL: Yes. The Company is currently operating under the 2012 Stipulation and Settlement approved in Docket No. 120015-EI (2012 Rate Settlement) that expires December 31, 2016. The petition requests an increase in base Company’s rates at the expiration of the 2012 Rate Settlement, effective January 1, 2017. Accordingly, 2017 is the most appropriate year to evaluate the Company’s projected revenue requirements to afford the appropriate match between revenues and revenue requirements for 2017. (Barrett) OPC: Yes, with appropriate adjustments. (Smith) AARP: No position. Adopt position of OPC. FEA: FIPUG: Adopt position of OPC. FRF: Yes, with appropriate adjustments. Larsons: Yes; with appropriate adjustments recommended by OPC.
FPL: No adjustments should be made to rate base for costs associated with Rule F.A.C., and the Commission’s 10 point initiatives requirements. (Miranda) OPC: No position. AARP: No position. FEA: No position. FIPUG: Adopt position of OPC. FRF: No position. Larsons: The Larsons agree with and adopt OPC’s preliminary position on this issue. SFHHA: No position. Sierra Club: No position. Walmart: Walmart takes no position. Staff: Staff has no position pending evidence adduced at the hearing. TEST PERIOD AND FORECASTING ISSUE FPL’s projected test period of the 12 months ending December 31, 2017, appropriate? FPL: Yes. The Company is currently operating under the 2012 Stipulation and Settlement approved in Docket No. 120015-EI (2012 Rate Settlement) that expires December 31, 2016. The Company’s petition requests an increase in base rates at the expiration of the 2012 Rate Settlement, effective January 1, 2017. Accordingly, 2017 is the most appropriate year to evaluate the Company’s projected revenue requirements to afford the appropriate match between revenues and revenue requirements for 2017. (Barrett) OPC: Yes, with appropriate adjustments. (Smith) AARP: No position. FEA: Adopt position of OPC. FIPUG: Adopt position of OPC. FRF: Yes, with appropriate adjustments. Larsons: Yes; with appropriate adjustments recommended by OPC.
06885-2016_16-0341.ord.docx