Resolution No. 8913
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
I .
1
2
3
4
5
6
RESOLUTION NO. 8913
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
VERNON ESTABLISHING THE TRANSMISSION REVENUE
BALANCING ACCOUNT ADJUSTMENT IN ACCORDANCE WITH
VERNON'S TRANSMISSION OWNER TARIFF AND PROVIDING
FOR TARIFF SHEET CHANGES TO IMPLEMENT THE
ADJUSTMENT
7
WHEREAS, the City of Vernon lS a Participating Transmission
8 Owner ("PTO") with the California Independent System Operator ("ISO")
and the Federal Energy Regulatory Cormnission ("FERC") has approved its
Transmission Owner Tariff ("TO Tariff"); and
WHEREAS, the City of Vernon TO Tariff provides for periodic
recalculation of the Transmission Revenue Balancing Account Adjustment
("TRBAA"), which is a ratemaking mechanism designed to ensure that all
Transmission Revenue Credits are flowed through to ISO transmission
customers; and
WHEREAS, on December 1, 2004, the City Council of the City of
Vernon adopted Resolution No. 8604 establishing the TRBAA and the City
made its TRBAA filing on December 7, 2004 in FERC Docket No. EL05-40;
and
WHEREAS, on January 19, 2005, the FERC accepted the City's
December 7, 2004 filing, effective January 1, 2005; and
WHEREAS, the City Council, in response to the February 17,
2004 FERC order in Docket No. ELOO-105 on remand from the D.C. Circuit
of Appeals, through Resolution 8430, dated April 26, 2004, amended its
Resolution No. 7659, dated November 7, 2000, to establish a base TRR of
$12,253,797 to replace the $10,216,178 for all purposes, effective
January 1, 2001; and
WHEREAS, the replacement base TRR is currently subject to a
1.
1 hearing process in Docket No. ELOO-I05 for FERC determination that when
2 Vernon's TRR is included in the ISO's rate, the ISO's rate is just and
3 reasonable; and
4 WHEREAS, a Notice of Public Hearing was posted on
5 November 23, 2005, notifying all interested parties that a hearing to
6 consider evidence to establish Vernon's new TRBAA was scheduled for
7 December 7, 2005, at approximately 5 p.m.; and
8 WHEREAS, the ISO has provided the Light & Power Department
9 comments to Vernon's Net FTR Revenue that was incorporated into the
10 TRBAA calculation; and
11 WHEREAS, consistent with the comments received by the ISO,
12 the Light & Power Department has prepared a Staff Report dated on or
13 about November 23, 2005, with exhibits, which determine the new TRBAA
14 consistent with the TO Tariff and support the TRBAA, along with TO
15 Tariff sheet changes to implement the new TRBAA effective January 1,
16 2006; and
17 WHEREAS, the Light & Power Department has recommended that
18 the TRBAAand Appendix I to the TO Tariff implementing the TRBAA be
19 approved; and
20 WHEREAS, the City Council has heard and considered all
21 evidence, both written and oral, presented in consideration of the
22 establishment of Vernon's new TRBAA and amended Appendix I to the TO
23 Tariff implementing the new TRBAA.
24 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
25 CITY OF VERNON AS FOLLOWS:
26 SECTION 1: The City Council of the City of Vernon hereby
27 finds and determines that the recitals contained hereinabove are true
28 and correct.
- 2 -
j .
1 SECTION 2: The City Council of the City of Vernon further
2 finds that all persons have had the opportunity to be heard or to file
3 written comments to the proposed establishment of Vernon's new TRBAA
4 and amended Appendix I to the Vernon TO Tariff implementing the new
5 TRBAA, and after due consideration of any and all evidence submitted at
6 the public hearing determines that there are compelling reasons. to
7 justify the establishment of Vernon's new TRBAA and an amended Appendix
8 I to the TO Tariff implementing the new TRBAA, a copy of which is
9 attached hereto as Exhibit "B" and made a part hereof.
10 SECTION 3: The City Council of the City of Vernon hereby
11 approves the establishment of Vernon's new TRBAA and amended Appendix I
12 to the TO Tariff implementing the new TRBAA, to be effective January 1,
13 2006, described in the Light & Power Department Staff Report dated on
14 or about November 23, 2005, a copy of which is attached hereto as
15 Exhibit "A" and made a part hereof, pursuant to the TO Tariff.
16 SECTION 4: The City Council of the City of Vernon hereby
17 authorizes the. submittal of Vernon's TRBAA, the amended Appendix I to
18 the Vernon TO Tariff and supporting documentation, such as the Staff
19 Report and this City Council Resolution approving the new TRBAA, to the
20 FERC on behalf of the City of Vernon.
21 / / /
,22 / / /
23 / / /
24 / / /
25 / / /
26 / / /
27 / / /
28 / / /
- 3 -
18
19
20
21
22
23
24
25
26
27
28
1
SECTION 5:
The City Clerk of the City of Vernon shall
2 certify to the passage of this resolution, and thereupon and thereafter
3 the same shall be in full force and effect.
4 APPROVED AND ADOPTED this 7th day of December, 2005.
5
.~
6
7
~~~~t:-u~ ·
-- LE;ONIS C. MA URG, ayor
8
9
10
11
12
13
ATTEST:
11
BRUCE V. MALKENHORST,
Acting City Clerk
-
JR.
14
15
16
17
- 4 -
15
16
17
18
19
20
21
22
23
24
25
26
27
28
,.
1 STATE OF CALIFORNIA
2 COUNTY OF LOS ANGELES
3
ss
4
5
6
I, BRUCE V. MALKENHORST, JR., Acting City Clerk of the City
of Vernon, do hereby certify that the foregoing Resolution, being
7
Resolution No. 8913, was duly adopted by the City Council of the City
of Vernon at a regular meeting of the City Council duly held on
Wednesday, December 7, 2005, and thereafter was duly signed by the
8
9
10
11
12
13 (SEAL)
Mayor of the City of Vernon.
z
-->
BRUCE V. MALKENHORST, JR.
Acting City Clerk
14
- 5 -
EXHIBIT
A
CITY OF VERNON LIGHT & POWER DEPARTMENT
STAFF REPORT REGARDING THE ESTABLSHMENT OF A NEW
TRANSMISSION REVENUE BALANCING ACCOUNT ADJUSTMENT
FOR CALENDAR YEAR 2006
Pursuant to Section 5.2 of the Vernon Transmission Owner (''TO") Tariff, the
City of Vernon updates its Transmission Revenue Balancing Account Adjustment
("TRBAA") annually. The TRBAA is a tariff mechanism designed to ensure that aU
Transmission Revenue Credits ("TRCs") are flowed through to California
Independent System Operator Corporation ("ISO") transmission tariff customers via
annual update filings at FERC by Participating Transmission Owners ("PTO"). In
Appendix F, Schedule 3, Section 6.1 (b), the California ISO Tariff describes the
annual TRBAA calculation as "... a dollar amount based on projected Transmission
Revenue Credits as adjusted for the true up of the prior year's difference between
projected and actual credits." This staff report supports the establishment of a new
TRBAA based on the requirements of the Vernon TO Tariff and the ISO Tariff. This
report also contains recommendations relating to the approval of amendments to
Appendix I of Vernon's TO Tariff. Further, the ISO has reviewed Vernon's .
workpapers associated with calculating Net FTR Revenues.1 This Staff Report
reflects comments received from the ISO
SUMMARY
Section 5.2 ofthe Vernon TO Tariff identifies the items to be reflected in the
TRBAAand sets forth the procedure for revising the TRBA on an annual basis, as
follows:
I An "FTR" is a Firm Transmission Right.
J
Staff Report
TRBAA 2006
Page 2 of 8
5.2 Transmission Revenue Balancing Account Adjustment
("TRBAA")
The Participating TO shall maintain a Transmission Revenue
Balancing Account ("TRBA") that will ensure that all Transmission
Revenue Credits and the refunds, specified in Sections 6 and 8 of
Appendix F, Schedule 3 of the ISO Tariff, flow through to transmission
customers.
The TRBAA shall be equal to: TRBAA = TRCF + TRCT + I.
TRCF = The forecast of Transmission Revenue Credits for the
following calendar year.
TRCT = The balance representing the prior period difference between
the projected Transmission Revenue Credits and the actual credits.
I = The interest balance for the TRBA, which shall be calculated using
the interest rate pursuant to Section 35.19(a) of FERC's regulations
under the Federal Power Act (18 CFR Section 35.19(a)). Interest shall
be calculated based on the average TRBA principal balance each
month, compounded quarterly.
Transmission Revenue Credits ("TRCs") are defined in Section 3.25 of the
Vernon TO Tariff as follows:
3.25 Transmission Revenue Credit. Collectively, 1) the sum of: a) all
revenues received by the Participating TO from the ISO for Wheeling
service, plus b) Usage Charge revenues received by the Participating
TO pursuant to Section 7.3.1.6(ii) of the ISO Tariff, plus c) Net FTR
Revenue received by the Participating TO; minus 2) any charges
Staff Report
TRBAA 2006
Page 3 of8
attributable to the Participating TO (but not those attributable to the
FTR Holder) pursuant to ISO Tariff 7.3.1.7.
The TRBAA is based on the balance in the TRBA as of September 30 of the
current year, and a forecast of the TRCs expected to be received in the following
year. A summary of the elements of the Vernon TRBAA proposed to be effective
January 1, 2006 is shown in Exhibit 1. It shows that the balance in the Vernon
TRBA as of September 30,2005, which reflects services rendered through June 30,
2005, is a debit of $46,781, including. interest. TRCs are projected to be a credit of
$225, 172. Taken together, these items sum up to a TRBAA to be effective for the
twelve months starting January 1, 2006 of a credit, or negative, balance of $178,392.
All of the Vernon transmission facilities that are reflected in Vernon's
transmission rates and the TRBM are high voltage facilities. Therefore, there is no
need to allocate TRCs, or other TRBM components, between high voltage and low
voltage rates.
CALCULATION OF THE NEW TRBAA
The TRBM is equal the sum of: TRCF + TRCT + I.
The balance in TRBA of a positive, debit of $46,781 as of September 30,2005
represents the sum of the TRCT and the .1 components.
The TRCT Component of Vernon's TRBAA
TRCT represents a balance that reflects the difference for the prior period
between the projected TRCs and the actual credits. The prior period in this case is
the 12 month period starting October 1, 2004 and ending September 30, 2005.
A summary of the determination of the September 30, 2005 balance in the
Vernon TRBA is shown in Exhibit 2. The TRCTcomponent reflects 1) the previously.
projected 2004 TRCs for Vernon of $225,814, or $18,818 per month, for the months
Staff Report
TRBAA 2006
Page 4 of 8
October through December 2004, and 2) projected 2005 TRCs of $412,564, or
$34,380 per month, for the months January through September 2005-both
elements as reflected on Line No. 10 of Exhibit 2. Adjustments for actual payable
TRCs reflecting 1) congestion refunds payable to the TO, i.e., Vernon, 2),high
voltage wheeling revenue payable to the TO, and 3) Net FTR Revenue associated
with Firm Transmission Rights ("FTRs") that Vernon receives pursuant to Section
9.4.3 of the ISO Tariff are reflected in Lines 11-15 of Exhibit 2 and produce the
Under (Over) Collection figures for the monthly payable TRC balances reflected in
Line 18 of Exhibit 2. These monthly balances are carried forward from month to
month in Line 18 of Exhibit 2. Interest is calculated monthly (the I component) on
the under (over) payment and is compounded quarterly into the monthly payable
TRC balances, pursuant to Section 5.2 of the Vernon TO Tariff. The interest
calculation for payable TRC balances is shown in Lines 20-24 of Exhibit 2.
The calculation of the Net FTR Revenue associated with FTRs that Vernon
receives pursuant to Section 9.4.3 of the ISO Tariff is discussed in more detail in the
concluding section of this report.
These payable TRC balances are then adjusted to reflect payment of TRC
revenues owed to Vernon from the period prior to 2005. These payments would be
reflected in Lines 33-45 of Exhibit 2, under "Prior Period TRC Payment Received"
and subtracted from the payable TRC balances at the end of the year. However,
. there are no Prior Period TRC Payments Received as reflected in Exhibit 7.
The I (Interest) Component of Vernon's TRBAA
As discussed above, the I component reflects interest on payable balances
and on payments for prior year TRCs. As provided in Section 5.2 of Vernon's TO
Tariff, monthly interest carrying costs are calculated using the 18 CFR 9 35.19(a)
..
Staff Report
TRBAA 2006
Page 5 of8
interest rates and calculation method. These interest rates, are published by the
FERC, and reflect the prime rate values published in the Federal Reserve Bank's
"Selected Interest Rates."
The calculation of interest is reflected in Exhibit 2 and is included as an
integral part ol the calculation of the TRBA balance on September 30, 2005. ~ It is not
reflected as a separate line item in Exhibit 1.
The TRCF Component of Vernon's TRBAA
The TRCF component of Vernon's TRBAA stands for the forecast of TRGs for
the following calendar year, in this case 2006. These forecast TRGs reflect
projected wheeling revenues, projected usage/congestion revenues Vernon receives
pursuant to Section 7.3.1.6(ii) of the ISO Tariff, and projected Net FTR Revenues for
2006.
Wheeling revenues, which correspond to ISO Charge Type 384, are projected
to be a credit of $109,083. Usage/congestion revenues Vernon receives pursuant to
Section 7.3.1.6(ii) of the ISO Tariff are projected to be zero. Net FTR Revenues,
which correspond to the hourly net of FTR revenues received under ISO Charge
Types 204 and 254 and charges paid under ISO Charge Types 203, 253, 255, 256,
are projected to be a credit of $116,089. These projections are shown in Exhibit 3.
These projections are based on the accruals for services provided during the
twelve-month period ending June 30, 2005, which are reflected in the ISO's invoices
to Vernon through September 30, 2005. A summary of the monthly accruals to
these Charge Types for the twelve months ending September 30, 2005 is shown in
Exhibit 4.
The determination of Net FTR Revenues is pursuant to the December 23,
2003 settlement agreement among the City of Vernon, California ('Vernon"), the
Staff Report
TRBAA 2006
Page 6 of8
ISO, and others in FERC Docket No. EL02-103. The settlement requires Vernon to
credit hourly. Net FTR Revenues from Section 9.4.3 FTRs that Vernon receives
during the Transition Period against Vernon's TRBA, for the period beginning July 1,
2002. For the prior period, all revenues associated with Vernon's Section 9.4.3
FTRs were properly excluded from Vernon's TRBAA, as expressly then provided in
Vernon's TO Tariff, and as provided in Section 1.1 of the Docket No. EL02-103
settlement.
Accordingly, Vernon's Net FTR Revenue is calculated as follows:
Revenue received by a PTO from the sale, auction, transfer of the FTRs provided to
it pursuant to Section 9.4.3; plus
For each hour, the greater of zero or the hourly net quantity determined as follows:
a) The usage charge revenue received by the PTO associated with its Section
9.4.3 FTRs (that portion of Charge Types 204 and 254 which is associated
with Vernon's Section 9.4.3 FTRs); Minus,
b) Usage charges that are: i) incurred by the Scheduling Coordinator ("SC") for
the PTO under ISO Tariff 7.3.1.4, ii) associated with the PTO's Section 9.4.3
FTRs, and iii) incurred by the PTO for its (Le., Vernon's) energy transactions,
but not incurred as a result of the use of the transmission by a third-party.
Charges that are deducted under this sub-section are: hour ahead inter-zonal
congestion debit due PTO, that part of Charge Type 255 which is applicable
to FTR Holders (ISO Tariff Section 7.3.1.7(1)), day ahead inter-zonal
Congestion Charge due SC (Charge Type 203) (ISOTariff Section 7.3.1.4),
and hour ahead inter-zonal congestion charge due.SC (Charge Type
253)(IS0 Tariff Section 7.3.1.4), up to Vernon's Section 9.4.3 FTR entitlement
on the path; Minus,
c) The charges paid by the PTO pursuant to ISO Tariff Section 7.3.1.7, to the
extent such charges are paid by the SC of the PTO on congested inter-zonal
Staff Report
TRBAA 2006
Page 7 of8
interfaces that are associated with the Section 9.4.3 FTRs provided to the
PTO. The Charge Type that is deducted under this paragraph is hour ahead
inter-zonal congestion debit to SC (Charge Type 256) (ISO Tariff Section
7.3.1.7 (2)), up to Vernon's Section 9.4.3 FTR entitlement on the path.
Exhibit '5 summarizes this Net FTR Revenue calculation for invoices received
by Vernon during the twelve-month period ending September 30, 2005 by revenue
type and Charge Type classifications. Exhibit 5 shows $169,114 of revenues
attributable to ISO Charge Types 204 and 2,54 and $53,025 of hourly net charges
attributable to ISO Charge Types 203, 253, 255, and 256. (The underlying hourly
qross charges attributable to ISO Charge Types 203, 253, 255, and 256 are shown
as $103,829.)
Exhibit 6 breaks the total FTR revenues and total charges shown in Exhibit 5
down into monthly amounts by ISO Charge Type.
VERNON BASE TRR
The City Council, in response to the February 17, 2004 FERC order in Docket
No. ELOO-105 on remand from the D.C. Circuit Court of Appeals, through Resolution
8430, dated April 26, 2004, amended its Resolution 7659, dated November 7,2000,
to establish a base TRR of $12,253,797 to replace the $10,216,178 for all purposes,
effective January 1, 2001. This replacement base TRR is currently subject to a
hearing process in Docket No. ELOO-105 for FERC determination that when
Vernon's TRR is included in the ISO's rate the ISO's rate is just and reasonable.
The TRBAA filing for 2005 should be independent of the City Council's April 26,
2004 actions on the base TRR and independent ofthe matters subject to ongoing
litigation in Docket No. ELOO-105. Nevertheless, because the revised TRBAA
appears on the same tariff sheet, staff recommends keeping the footnote to explain
that the City Council's Apri126, 2004 actions govern the base TRR.
Staff Report
TRBAA 2006
Page 8 of8
RECOMMENDATIONS
1. Approve the newly calculated TRBAA of a negative $178,392.
2. Approve replacing the existing TRBAA of negative $412,564 with the new
TRBAA for 2006 of a negative $178,392.
3. Approve the attached revised Appendix I of Vernon's TO Tariff reflecting the
TRBAA of negative $178,392.
. 4. Approve the submission of Vernon's TRBAA, and supporting documentation,
such as this Staff Report and the City Council Resolution approving the new
TRBAA, to the FERC.
Staff Report
TRBAA 2006
Exhibit 1
A B C D E F G H I
1
2
3 CITY OF VERNON
4 TRANSMISSION REVENUE BALANCING ACCOUNT ADJUSTMENT (TRBM)
5 CALENDAR YEAR 2006
6 . -
7 DESCRIPTION TOTAL
8
9 Balance in TRBA on September 30, 2005 $46,781
10 including interest . I
11
12 Forecast Transmission Revenue Credits ($225,172)
13
14 TRBM ($178,392)
15
16
17
18 Source:
19 Line 9 Exhibit 2, Column N, Line No.53.
20 Line 12 Exhibit 3, Column E, Line No.23.
21
22
23
24
25
26
27
TRBAA-063
11/2312005
I ~ .. .. .. . l:: .."'-
-0 CO -0... ....
m H! m jll:l; ~~ 8~ '" 1 g H~ ~ '"
i!, !l. m
iii~ i 0 2
.. Hi! !~ 3- ... li ~"'~ !
:e ,'" :e ~s m~ gj !l ~ ...Slil i
~ .. ...-gj :e 8- ~~
II ~~ 2_ 0
~~ .. ~
. il. . ~ i';
'" <11 ~I ~~ ... ~ >
l-
i! ~o ~i ~
. is i~
i
<1 <1 <
&
z ~"
0 '" : ~ ~ ;II
~ ... ~ '"
: '" '" ...
; ~ ~
i
0
;r ~f
" ;;; ~ ti ..
It . .. 8 0
.. .. ~t;_ ... ..
0 0 g ~ :.'l
i:> g g co :~:c :.. ~
0 ....
;;; ;;; ~ ",f
.. ~. .,
. co ..
~ .. .:1: IS t
~ ~ t:t:J: co
i:> g : s
0 -#0
1:: ",li'
. ~I m
..
~ l!
g io
0
!!'
, ili ;;; i "
....
" '" i~s :
.. ..
. 0 ..
& i:> g i:l iil~ill ..
0 0 ...
"
0
0
0 ~
c g ~ .. i;i
:2- !.; .. ~ "
" .
.. . ~ .. ~ 1} .. .. ;;;
0 ~~. 0 ~~~ 0 '" .... z
g i:> .. il g 0 :.. ...
0000 g:"'- =
0,#0 0 0 #'" '" s:
il'iii
~!!!
:l. ~ C)O
tl~ ooZ
~ 0 i";:9x
... ~~
'"
~ ~~~ ~ ~ '" :<~
..
s 8000 8 i:> .. ==!:~
#0 0 ... .c
oom<
~=!:
g: '" I~i!i
0 ....zz-
0
.. ..- ;DC)
!"~ 3 . ..-
.... ,.z
8 gh g i:> N
0 .. ,.Q
,.
()
n
0
.. tls: c:
~ :!l z
o. -I
I;: tl '"
3 3"''' l!l l!l
g~~ 0 ..
8 8 .. ~ ill
0
t: .. "'<-
00: "
. 0 0'"
g: ",.
l!l '" l!l l!l .. ..
sh 0 ~ ....
g g g g .. i:l !!:
0
r g II
J is i "'<-
~~ "... g.::
gg .. 0 ...
l!l ~H: ;; ~ l!l l!l III ....
0 co '"
i~ i~ 0
8 8;;!8 8 g g g .. i;: .. :."
0 .. ..
... ...
f .. ..
IS: 81 ;:
!"l!l l!l l!l ..
~
8 8~8 8 .. t
0
..
& ; i .
t: IS: tl z
.. . ~t
~ l!l l!l !"~ l!l ~ =& ~ i!"!:l t:; l!l .. tl ;II
I 0 .. 0 ~ ..
~ 88 g8 8 g~8 8 8 g 8 .. ~:: ::t z~tl iil 8 8 '" i!=-
0 2 .. ..
.. gf
...."
A I B I C I D E
1 CITY OF VERNON
2 FORECAST TRANSMISSION CREDITS
3 for Calendar Year 2006 TRBM
4
5
6 MONTH Wheeling NET FTR Total
7
8 January-05 ($9.090.27) ($9.674.11 ) ($18,764.37)
9 February-05 ($9.090.27) ($9.674.11) ($18,764.37)
10 March-05 ($9,090.27) ($9.674.11) ($18.764.37)
11 April-05 ($9,090.27) ($9,674.11) ($18,764.37)
12 May-05 ($9,090.27) ($9.674.11) ($18,764.37)
13 June-05 ($9,()90.27) ($9,674.11) ($18,764.37)
14 July-05 ($9,090.27) ($9,674.11) ($18,764.37)
15 August-05 ($9,090.27) ($9,674.11) ($18,764.37)
16 September-05 ($9,090.27) ($9.674.11 ) ($18,764.37)
17 October-05 ($9,090.27) ($9,674.11) ($18,764.37)
18 November-05 ($9,090.27) ($9,674.11) ($18.764.37)
19 December-05 ($9.090.27) ($9.674.11) ($18.764.37)
20
21
22
23 Total ($109,083.18) ($116,089.29) ($225,172.47)
24
25
'"
TRBM-063
Staff Report
TRBAA2006
Exhibit 3
11/23/2005
A
BCD
Vernon Historical Transmission Credits
for Calendar Year 2006 TRBAA
1
2
3
4
5
6 Month
7 (Cash Basis)
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24 (Cash Basis)
25 October-04
26 November-04
27 December-04
28 January-05
29 February-05
30 March-05
31 April-05
32 May-05
33 June-05
34 July-05
35 August-05
36 September-05
37
38
39
40 Net FTR: SUM(CT 204,CT 254,CT 203, CT 253,CT255, CT 256)
41 ( Sum of Hourly Net FTR Revenue that is greater than zero)
42 (Cash Basis) ISO Numbers
43 October-04 ($38,889.58)
44 November-04 ($12,561.60)
45 December-04 ($24,462.27)
46 January-05 ($7,697.29)
47 February-05 ($10,529.80)
48 March-05 ($7,943.93)
49 April-05 ($521.63)
50 May-05 ($248.15)
51 June-05 ($1,217.96)
52 July-05 ($551.93)
53 August-05 ($7,759.82)
54 September-05 ($3.705.33)
55
56
57
October -04
November-04
December-04
January-05
. February-05
March-05
April-05
May-05
June-05
July-05
August-05
September-05
Wheeling Revenues
ISO INVOICE ISO INVOICE
CT 384 CT 3384
Final
($14,204.00)
($16.193.10)
($8,864.23)
($3,055.51)
($3,406.46)
($5,209.35)
($4,219.72)
($8,761.70)
($10,804.53)
($4,654.06)
($10.499.60)
($20,477.51)
PTO Charges! (Credits)
CT 255
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
TRBAA-063
($11608929)
m.QQ
$1,266.59
CT 204
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
iQ.J1Q
E
Total
($12,937.41)
($16,193.10)
($8,864.23)
($3,055.51)
($3,406.46)
($5,209.35)
($4,219.72)
($8,761.70)
($10,804.53) .
($4,654.06)
($10,499.60)
($20.477.51 )
($10908318)
CT 254
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
1Q.QQ
staff Report
TRBM 2006
Exhibit 4
F
11/2312005
1
2
3
4
5
TRBAA-063
A
.
Charges
CT 203
CT 253
CT 255
CT 256
B
C
D
FTR Break-out
for Calendar Year 2006 TRBAA
~
I
Total Amount
-
($169,113.94)
$67,583.11
$647.00
$1,089.36
$34.509.23
$103,828.70
($65,285.24)
, --.
-t----
Net figures were adopted from ISO calculation.
Vernon's own worksheet reflects ($116,000.61).
NetFTR
Amount
(atter nourly
Netting)1
($169,113.94)
$53,024.65
($116,089.29)
...
Staff Report
TRBAA 2006
Exhibit 5
E
F
6 Charge Type
7
8 Revenues
9 CT 204 and CT 254
10
11
12
13
14
15
16
17
18
19
20
21 1.
22
23
24
25
--
------
---
-~
---~
--
--
--
11/23/2005
TRBAA-063
, .
A B C D E F G
FTR Monthly Detail (Before Hourly Netting)
for Calendar Year 2006 TRBM
Month CT 203 CT 204 CT 254 CT 253 CT 255 CT 256
Jul-04 . $0 ($32,353) ($5,666) $0 $75 $2,637
Aug-04 $9 ($7,818) ($4,837) $0 $84 $0
Sep-04 $712 ($12,073) ($13,394) $4 $293 $82
Oct-04 $7,821 ($12,201 ) ($667) $43 $0 $7
Nov-04 $795 ($11,086) ($240) $0 $0 $750
Dec-04 $1,168 ($7,418) ($1,703) $0 $9 $185
Jan-05 $4,330 ($2,249) ($438) $0 $0 $0
Feb-05 $24 ($161) ($119) $600 $1 $203
Mar-05 $405 ($247) ($1,174) $0 $0 $0
Apr-05 $1,885 ($899) ($552) $0 $0 $7,208
May-05 $31,014 ($38,188) ($606) $0 $627 $22,751
Jun-05 $19,421 ($14,045) ($982) $0 $0 $685
Total $67.583 ($138.737) ($30 377) ~ $1 089 $34 509
Staff Report
TRBM 2006
Exhibit 6
11/23/2005
Iii I
l:lll
li....
;~ 11 8888 888 888 ggg 888 8888 8888 8 8 OQ~~
! liiliiliilii Ulii ggg ggg liiU liiliiliilii liiliiliilii g g ~g~~
:>
J 8888 888 8S8 888 888 8888 8888 0 0 ~~~~.
0 0
gaga aga ggg gag gaa ggalii liialiilii a lii 2~2~
I 8888 888 888 888 888 88888 88888 8 8 8888
liiaU liigg gglii aga gcid g$sas aUalii a 0 gg~g
MM M
j 8888 8gg 888 888 888 8888 8888 8 8 8:;;~~
gggg liiglii goo gliig gliig gaga good g lii aaa
M" MM"
0::
i 888 888 888 888 888 888 888 8 0 88~~.
0
gag gaa ocio ggg ggg ggg goo g g ~~a
."". M"
"
i 888 888 888 888 888 888 888 8 8 8:;;88.
gag ggg do6 ggg ggg aU ggg g lii ~aa:T
..M"
0.
'l! ~ 888 888 888 888 888 888 888 8 0 8:;;~~
- 0
[. $cid goo gcid ggg liigg gaa ggg a a aalil
::0 M" M" .. ..
0 t;fi
f~ ~ :;;8~~
u~ 888 888 888 888 888 888 888 8 8
!~ :. aaa ggg ggg ggg aaa ggg liigg lii lii aa~
z c:
-)0-
lio
c:~
01 ~ 8Sg 888 888 888 888 888 888 8 8 8888
:~ goo ggg ggg :;:gg goo ggg lii:;:lii :;: :;: :;::;::;:ll
!s .!l .. .. .. ..
'"
c:
~
i 888 888 888 888 888 gag 888 8 8 8:;;~~
gcio ggg ggg g~g goo :;::;::;: lii:;::;: :;: :;: lilalil
c .. .. ....
I 88888 goo 888 888 888 888 8888 8 8 :;;:;;~~.
00
ggggg ggg :;::;::;: god :;::;::;: goo gggg :it :;: SOO
"M "M ....
'"
S 888 8888 8888 8888 8888 8888 888 8 8 888~
Ulii :;::;::;::;: :;::;:ga :it:itaa :;::;::;:a gggg god a lii aliiliii
"M
r
"
c
<>
..
<(
~
I
i
J
f
u
!
J
j
::
J
11
~'tt
0.0::0
II
-I "'1+1 "'I~
!l
sl
H
t.
l~
g
~
0.
LM~
i~l!l:ll~
...~:o~~
fi.....,...t-:
'E......;.
t ..
cl: &&.i
~H!
J
.l!
j
!
I
fi
i i
N N
188€i€i
!ag~:e
Ii ii
I --
~uf
~
~
l!?
! N.B
~M__ ~_M_
i~~~l:! i"'~:::&l
...ti!jU ...Ui:i!
r-~~ ~;~g~
i&~{ I&~f
~!3~ ~!H
i g
~ i;l
~ ~
.
~
~
~
l
I
!
~
;1
...
lii
i
I
~
I
}
1
1
1
i
1
i
.l!
h:;;L1~
~iaii
i gg
~ ~
l&&'i
~Hi
'"
.
I
il
~
i
}
~
.;:
.,. ,
~ :II
f ___:
=:Bo~g
!~li~:!!
5;-::~
Ii lH~
inf
~H~
~
~
~
~
:II
..
...
.
~
I
.l!
~----
i:~~!
...ctg~=
g~-55
l.ti-
!!;b~
~
~
g
;5;Z;&
.... ...
j
I I
0:: ~
~ 1
II
;!
~
I
}
i
I!'
, -
. .
Transmission Owner Tariff (coot.)
APPENDIX I
Transmission Revenue Requirement and TRBAA
The Vernon Base Transmission Revenue Requirement is $10,216,178.1
The TRBAA. is a negative $178,392 for the 12-month period effective January 1,.2005._
All of Vernon's transmission facilities and Entitlements placed under the ISO's Operational
Control are High Voltage Facilities as defined by the ISO Tariff.
The TRBAA will be recalculated annually consistent with the ISO Tariff, approved by the
Vernon City Council, and provided to the ISO.
IHowever, the City of Vernon, in response to the February 17,2004 Federal Energy Regulatory
Commission ("FERC") order in Docket No. ELOO-105 on remand from the D.C. Circuit Court of Appeals,
through Resolution 8430, dated Apri126, 2004, amended its Resolution 7659, dated November 7, 2000, to
establish a base TRR of$12,253,797 to replace the $10,216,178 for all purposes, effective January 1,2001.
This replacement base TRR is currently subject to a hearing process in Docket No. ELOO-105 for FERC
determination that when Vernon's TRR is included in the CAISO's rate, the CAlSO's rate is just and
reasonable.
Authorized by City ofVemon
Ordinance No. 940
Resolution No. -Effective: January I, 2006
Fifth Revised Sheet No. 22
Superseding Fourth Revised Sheet No. 22
I.
Issued on: December_,2oo5
.~ ~ ) ...
.... .
Transmission Owner Tariff (cont.)
APPENDIX I
Transmission Revenue Requirement and TRBAA
The Vernon Base Transmission Revenue Requirement is $10,216,178"
The TRBAA"is a negative $178,392 for the 12-month period effective January 1,2005._
All of Vernon's transmission facilities and Entitlements placed under the ISO's Operational
Control are High Voltage Facilities as defined by the ISO Tariff.
The TRBAA will be recalculated annually consistent with the ISO Tariff, approved by the
Vernon City Council, and provided to the ISO.
IHowever, the City of Vernon, in response to the February 17, 2004 Federal Energy Regulatory
COnmllssion ("FERC") order in Docket No. ELOO-I05 on remand from the D.C. Circuit Court of Appeals,
through Resolution 8430, dated April 26, 2004, amended its Resolution 7659, dated November 7, 2000, to
. establish a base TRR of$12,253,797 to replace the $10,216,178 for all purposes, effective January 1,2001.
This replacement base TRR is currently subject to a hearing process in Docket No. ELOO-I05 for FERC
determination that when Vernon's TRR is included in the CAISO's rate, the CAISO's rate is just and
reasonable.
Authorized by City of V emon
Ordinance No. ~
Resolution No. -Effective: January 1,2006
Fifth Revised Sheet No. 22
Superseding Fourth Revised Sheet No. 22
I.
Issued on: December_.2oo5
SUPPORTING
DOCUMENTS
NOTICE OF PUBLIC HEARXNG
The City of Vernon will conduct a Public Hearing to which
you may attend.
PLACE:
Vernon City Hall
City Council Chambers
4305 Santa Fe Avenue
Vernon, CA 90058
DATE AND TIME:
Wednesday, December 7, 2005, at 5:00
p~m., or as soon thereafter as the
matter may be heard
PURPOSE:
To consider evidence to establish
Vernon's new Transmission Revenue
Balancing Account Adjustment for its
high voltage (over 200 kV) transmission
facilities and entitlements (all
located outside the City) pursuant to
Vernon's Transmission Owner Tariff
Any interested person may attend and address the City
Council at the time of the hearing, or may present written
comments prior to the hearing.
If you challenge the approval of the establishment. of
Vernon's new Transmission Revenue Balancing Account
Adjustment or any provision thereof in court, you may be
limited to raising only those issues you or someone else
raised at the hearing described in this notice or in
written correspondence delivered to the City of Vernon at,
or prior to, the meeting.
Information may be obtained by contacting the office of the
City Clerk at the above address.
The hearing may be continued or adjourned to a stated time
and place without further notice of a public hearing.
Dated: November 23, 2005
k~
Bruce\V. Malkenhorst, Jr.
Acting City Clerk
AFFIDAVIT OF POSTING
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES) ss
CITY OF VERNON )
I, Manuela Giron, Deputy City Clerk, of the City of Vernon do hereby
certify that on the 23rd day of November 2005, I did post three (3)
copies of:
Notice of Pub1ic Bearinq - to consider evidence to establish the
Vernon's new Transmission Revenue Balancing Account Adjustment
for its high voltage (over 200 kV transmission facilities and
entitlements (all located outside the City) pursuant to the
Vernon's Transmission Owner Tariff.
On each of the following places, to wit: on the bulletin board outside
the main entrance to the City Hall of the City of Vernon located at
4305 Santa Fe Avenue; at the northwest corner of 38th Street and Santa
Fe Avenue; the northeast corner of Leonis Blvd., and Pacific Blvd.,
all in said City, there being no newspaper of general circulation
printed and publish in the City of Vernon.
/l1~1J /()S-
Date:
Manuela Giron
Deputy City Clerk
State of California )
)ss
County of Los Angels)
On \':2h\~s before me, b'n~O"- \....~"'~e."'.~~'-\~\"c..
personally appeared Manuela Giron
personally known to me (or known to me on the basis of satisfactory
evidence) to be the person(s) whose name(s) is/are subscribed to the
instrument and acknowledged to me that he/she/they executed the
same in his/her/their authorized capacity, and that by his/her/their
signature(s) on the instrument the person(s), or the entity upon
behalf of which the person(s) acted, executed the instrument.
WITNESS my hand and official seal
~e~
CERTIFICATE
STATE OF CALIFORNIA
ss
COUNTY OF LOS ANGELES)
I, Bruce V. Malkenhorst, .Jr., Acting City Clerk of the City
of Vernon, Co~nty of Los Angeles, State of California, hereby
certify that the attached is a full and complete copy of:
Resolution No. 8913 - A Resolution of the City Council of
the City of Vernon Establishing the Transmission Revenue
Balancing Account Adjustment in Accordance with Vernon's
Transmission Owner Tariff and Providing for Tariff Sheet
Changes to Implement the Adjustment
IN WITNESS WHEREOF, I have hereunto set my hand and affixed
the official Seal of the City of Vernon, County of Los Angeles,
State of California, on this 8th day of December, 2005.
SEAL:
/7
I~
Bruce V. Malkenhorst, Jr.
Acting City Clerk