Resolution No. 2010-144RESOLUTION NO. 2010-144
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
VERNON ESTABLISHING A TRANSMISSION REVENUE
BALANCING ACCOUNT ADJUSTMENT FOR 2011 IN
ACCORDANCE WITH VERNON'S TRANSMISSION OWNER
TARIFF AND. PROVIDING FOR TARIFF SHEET CHANGES TO
IMPLEMENT THE ADJUSTMENT
WHEREAS, the City of Vernon ("City") is a chartered municipal
corporation of the State of California that owns and operates a system
for the generation, purchase, transmission, distribution and sale of
electric capacity and energy; and
WHEREAS, the City is a Participating Transmission Owner
("PTO") with the California Independent System Operator Corporation
("ISO"), and the Federal Energy Regulatory Commission ("FERC") has
approved its existing Transmission Owner Tariff ("TO Tariff"); and
WHEREAS, the ISO, through charges assessed ISO customers
under the ISO Open Access Transmission Tariff, reimburses the City
according to the City's current Transmission Revenue Requirement
("TRR") in return for the City turning over to the ISO the operation
and control of the City's transmission entitlements; and
WHEREAS, the 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 flow through to ISO customers; and
WHEREAS, a Notice of Public Hearing was posted on or before
October 6, 2010, notifying all interested parties that a hearing to
consider evidence to establish the City's new TRBAA for 2011 was
scheduled for October 18, 2010, at approximately 8:00 a.m., subject to
the hearing being continued or adjourned to a stated time and place
without further notice of public hearing; and
WHEREAS, a Public Hearing was held on November 1, 2010, in
.which the City Council took evidence from staff and those other per
in.attendance who wished to be heard on the establishment of the City's
new TRBAA; and
WHEREAS, the Light & Power Department has prepared a Staff
Report, with exhibits, dated on or,about October 13, 2010 ("Staff
Report"), which determines the new TRBAA for 2011 to be consistent with
the TO Tariff, and which supports the TRBAA and the TO Tariff sheet
changes to implement the new TRBAA effective January 1, 2011; and
WHEREAS, the Light & Power Department has recommended that
both the TRBAA and Appendix I to the TO Tariff implementing the new
TRBAA be approved; and
WHEREAS, the City Council has heard and considered all
evidence, both written and oral, presented in consideration of the
establishment of the City's new TRBAA and revised Appendix I to the TO
Tariff implementing the new TRBAA.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF VERNON AS FOLLOWS:
SECTION 1: The City Council of the City of Vernon hereby.
finds and determines that the recitals contained hereinabove are'true
and correct.
SECTION 2: The City Council of the City of Vernon hereby
further finds and determines that all persons have had the opportunity to
be heard or to file written comments to the proposed establishment of the
City's new TRBAA and amended Appendix I to the TO Tariff implementing the
new TRBAA, and, after due consideration of any and all evidence submitted
at the public hearing, determines that there are compelling reasons to
2
justify the establishment of the City's new TRBAA for 2011 and amended
Appendix I to the TO Tariff implementing the new TRBAA for 2011, a copy
of which is attached hereto as Exhibit A and made a part hereof..
SECTION 3: The City Council of the City of Vernon hereby
approves, pursuant to the TO Tariff and to be effective on January 1,
2011, the establishment of the City's new TRBAA for 2011 and revised
Appendix I to the TO Tariff implementing the new TRBAA for 2011, as
described in the Staff Report, a copy of which is attached hereto as
Exhibit B and made a part hereof.
SECTION 4:, The City Council of the City of Vernon hereby
authorizes outside counsel to submit the City's new TRBAA for 2011, the
revised Appendix I to the TO Tariff and supporting documentation, such
as the Staff Report and this City Council Resolution approving the new
TRBAA for 2011, to FERC on behalf of the City of Vernon.
SECTION 5: The City Clerk of the City of Vernon shall
certify to the passage, approval and adoption of this Resolution, and
the City Clerk of the City of Vernon shall cause this Resolution and
the City Clerk's certification to be entered in the File of Resolutions
of the Council of this City.
APPROVED AND ADOPTED this 1st day of November, 2010.
� 4
Name: Hilario Gonzales
AT T STD
11 rdAfV'uco, City Clerk
Title: Mayor /�#!
3
STATE OF CALIFORNIA )
) ss
COUNTY OF LOS ANGELES )
I, Willard G. Yamaguchi, City Clerk of the City of Vernon, do
hereby certify that the foregoing Resolution,,being Resolution
No. 2010-144, was duly passed, approved and adopted by the City Council
of the City of Vernon at a special meeting of the City Council duly
held on Monday, November 1, 2010, and thereafter was duly signed by the
Mayor or Mayor Pro-Tem of the City of Vernon.
Executed this day of November, 2010, at Vernon, California.
Wf llard a ag c i, City Clerk
(SEAL)
51
TRBAA 2011
EXHIBIT A
Appendix I to .Vernon's Transmission Owner Tariff
(Redlined)
APPENDIX I
Transmission Revenue Requirement and TRBAA
The Vernon Base Transmission Revenue Requirement is $',"_ 18,9642. 75.480 and is comprised
of the following components:
Base TRR costs not subject to ETC Adjustment Clause: $498,480
ETC Adjustment Clause:
Forecast SCE ETC Costs: $720,4 WIZ
Balance of Difference between prior year
Forecast and Actual SCE ETC Costs: $0
Interest on Difference between prior year
Forecast and Actual SCE ETC Costs: $0
The ETC Adjustment Clause is: The projected SCE ETC Cost for the next calendar year,
plus the true -up (positive or negative) of the prior October through September SCE ETC
Cost with interest calculated pursuant to 18 C.F.R. § 35.19a. The ETC Adjustment
Clause will be recalculated annually and filed with the Commission with a proposed
effective date of January 1 of each year.
The TRBAA is a positive $411,7 4L861_0 for calendar year 2440-2 111.
Vernon's Gross Load, consistent with its TRR, used by the ISO to develop the Transmission
Access Charge is 1,288,684 MWh.
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.
Appendix I to Vernon's Transmission Owner Tariff
(Clean)
APPENDIX I
Transmission Revenue Requirement and TRBAA
The Vernon Base Transmission Revenue Requirement is $1,275,480 and is comprised of the
following components:
Base TRR costs not subject to ETC Adjustment Clause: $498,480
ETC Adjustment Clause:
Forecast SCE ETC Costs: $777,000
Balance of Difference between prior year
Forecast and Actual SCE ETC Costs: $0
Interest on Difference between prior year
Forecast and Actual SCE ETC Costs: $0
The ETC Adjustment Clause is: The projected SCE ETC Cost for the next calendar year,
plus the true -up (positive or negative) of the prior October through September SCE ETC
Cost with interest calculated pursuant to 18 C.F.R. § 35.19a. The ETC Adjustment
Clause will be recalculated annually and filed with the Commission with a proposed
effective date of January 1 of each year.
The TRBAA is a positive $18,109 for calendar year 20.11
Vernon's Gross Load, consistent with its TRR, used by the ISO to develop the Transmission
Access Charge is 1,288,684 MWh.
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.
EXHIBIT B
CITY OF VERNON LIGHT & POWER DEPARTMENT
STAFF REPORT REGARDING THE ESTABLSHMENT OF A NEW
TRANSMISSION REVENUE BALANCING ACCOUNT ADJUSTMENT
FOR CALENDAR YEAR 2011
Pursuant to Section 5.2 of the City of Vernon ("Vernon") Transmission Owner
Tariff ("TO Tariff'), Vernon updates its Transmission Revenue Balancing Account
Adjustment (" TRBAX) annually. The TRBAA is a tariff mechanism designed to
ensure that all Transmission Revenue Credits ("TRCs") are flowed through to
California Independent System Operator Corporation ("ISO") transmission tariff
customers via annual update filings at the Federal Energy Regulatory Commission
("FERC") by Participating Transmission Owners ("PTOs"). In Appendix F, Schedule
3, Section 6.1(b), the California ISO Tariff ("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 TO Tariff and the ISO Tariff.
SUMMARY
Section 5.2 of the Vernon TO Tariff identifies the items to be reflected in the
TRBAA and sets forth the procedure for revising the Transmission Revenue
Balancing Account ("TRBA") on an annual basis, as follows:
5.2 Transmission -Revenue Balancing Account Adjustment
The Participating TO shall maintain a 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
Staff Report
TRBAA 2011
Page 2 of 5
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
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, 2011 is shown in Exhibit 1. It shows that the balance in the Vernon
TRBA as of September 30, 2010, which reflects services rendered through June 30,
2010, is a debit of $30,119, including interest. TRCs are projected to be a credit of
$12,010. Taken together, these items sum up to a TRBAA to be effective for the
twelve months starting January 1, 2011 of a debit, or positive, balance of $18,109.
All of the Vernon transmission entitlements that are reflected in Vernon's
Staff Report
TRBAA 2011
Page 3 of 5
transmission rates and the TRBAA are high voltage facilities. Therefore, there is no
need to allocate TRCs or other TRBAA components between high voltage and low
voltage rates.
CALCULATION OF THE NEW TRBAA
The TRBAA is equal to the sum of: TRCT + TRCT+ I.
The balance in TRBA of a debit of $30,119 as of September 30, 2010 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, 2009 and ending September 30, 2010.
A summary of the determination. of the September 30, 2010 balance in the
Vernon TRBA is shown in Exhibit 2. The TRCT component reflects 1) the previously
projected 2009 TRCs for Vernon of $286,851 or $23,904.25 per month, for the
months October through December 2009, and 2) projected 2010 TRCs of $411,764
or $34,313.67_per month, for the months January through September 2010—both
elements as reflected on Line No. 10 of Exhibit 2. Adjustments for actual payable
TRCs reflecting high voltage wheeling revenues payable to the TO (i.e., Vernon) are
reflected in Line 13 of Exhibit 2 and produce the under (over) collection figures for
the monthly payable TRC balances reflected in Line 18 of Exhibit 2. Congestion
refunds payable to the TO and Net FTR revenue associated with Firm Transmission
Rights.("FTRs") are no longer included in the adjustment to TRC balances under the
current ISO Tariff, which has been revised to implement the ISO's Market Redesign
and Technology Upgrade Tariff ("MRTU"). The 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
9
Staff Report
TRBAA 2011
Page 4 of 5
Payable TRC balances would then be adjusted to reflect payment of TRC
revenues owed to Vernon from the period prior to 2010, and 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 § 35.19(a)
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 InterestRates."
The calculation of interest is reflected in Exhibit 2 and is included as an
integral part of the calculation of the TRBA balance on September 30, 2010. 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 TRCs for
the following calendar year, in this case 2011. These forecast TRCs reflect
projected wheeling revenues. These forecasts no longer include _projected
usage/congestion revenues and projected Net FTR Revenues under the current ISO
Tariff.
Wheeling revenues, which correspond to ISO Charge Type 384, are projected
to be a credit of $12,010, as shown on Exhibit 3.
These projections are based on the accruals for services provided during the
Staff Report
TRBAA 2011
Page .5 of 5
twelve-month period ending June 30, 2010, which are reflected in the ISO's invoices
to Vernon through September 30, 2010. A summary of the monthly accruals (which
are zero) for the twelve. months ending September 30, 2010 is shown in Exhibit 4.
Exhibit 5 summarizes the Net FTR Revenue calculation for invoices received
by Vernon during the twelve-month period ending September 30, 2010 by revenue
type and Charge Type classifications. On April 1, 2009 the ISO implemented
MRTU. Under the MRTU, Vernon's FTRs were converted to Converted Rights
(CVRs). CVRs serve as a hedge against congestion charges but do not create net -
congestion revenues. Thus, Vernon does not collect Net FTR revenues under the
current version of the ISO Tariff. Accordingly, Exhibit 5 shows $0 of revenues
attributable to Net FTR revenues.
Exhibit 6 breaks down the total FTR revenues and total charges shown in
Exhibit 5 into monthly amounts by ISO Charge Type. For the reasons described
above, these revenues are also $0.
RECOMMENDATIONS
1. Approve the newly calculated TRBAA of a positive $18,109.
2. Approve replacing the existing TRBAA of positive $411,764 with the new
TRBAA for 2011.of a positive $18,109.
3. Approve the attached revised Appendix I of Vernon's TO Tariff reflecting the
TRBAA of -positive $18,109.
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 2011
Exhibit 1
A B C D E F G H
1
2
3 CITY OF VERNON
4 TRANSMISSION REVENUE BALANCING ACCOUNT ADJUSTMENT (TRBAA)
5 CALENDAR YEAR 2011
6
7 DESCRIPTION
8
9 Balance in TRBA on September 30, 2010
10 including interest,
11
12 Forecast Transmission Revenue Credits
13
14 TRBAA
15
16
17
18 Source:
IT 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
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
TOTAL
$30,119
($12,010)
$18,109
Vernon TRBAA Data eff Jan 1 2011(1349382_1_DC).XLS
Y � N
dor
da N a
K � w
m w
W
0 O S O OO�D-
Nm
(pNN
O
Nm
p
O
O
O S
Sp
'R
O
SpOp 00
V
Z
y
L
�O1yy
Ih
pSo
M K p S
m
YI M N
W
Yf
YI O_
au
W
K
H
p
19
o
W Vl W
N
H a9 K
H W
N
to
b
H
N
W
.Wp
Y!
N
N
I9
m
O 00 O O
1p O O O O m
W
N S4 m
M m �
A
W
O
O
- O
O
O R
O
O
S N S
O
QQ�
Q
m�
o
1Yy-
oo
ee
QWW
N
p�
a9
tmo
K
W
WW
a9
N
m
I�d O S mm O S N
v N N
f9
"l a
Z
O
S
S O
O
O aNd S
O
"l Q Z
U
T O
m
C l M O G m
Pv• w wm
Pp N
m
O
o N u i
SM�
o
V
O O
LL LL
g
Q
C
H
G
H
G oO
N N
G
H
g
Gp N
a9 4l W
I j
tl!
LL' K
O O ¢g
2 C
�Np
Z
K
r
z
K Z
Z C
la�,
_
b O O M SOo S S
Imd
�l�l N
A
w
O
O O
O N O
W
W
d O_
Nl
Cl a9 m H g'
f0
mN
^ O! O
H
pOp
a9
K S
oO
S
H Ol H
pSp
l9
be
w
ffi
�
w
w
m S S g a
a N
vWi
�p
11m��
1�
poo
!1 N
yny
l9
Hl'iN
N
z
0
O
n
QQ
poop S oo S
ygN
r'
'm,
0
c
-
S
S S
CR
g va�i S
S
S N
�
ON^D
ppo
W
a9 OlH
pp
IX
�Way9
11MM99
tm+l
o g �
WmN
LL
o
' .n
o in a
o
pg G6
o
vMl
C W
m
N
enI
aGo9 1pg9
a9S
j
O (%
1
�o
Id
W- O O O Oi�
Nmh
O
O
O S
O
y-r
C
M OW m p Ndmi
t
�-1pq
19
bth.aWD
N
K
H
a9
OM.
ONO
pp
NtOg
O
W
R
1
C7
N
M
m
M
r
n
m n
W
m
W
1
•`
Ia2L
I9
I9
(V
Yl
(
1Oryy
oo p
O O 0 SOo S <
N
y
m 1�11
a
S
S
O S
S ��II
4
!(
`
2. 0
n
K Y! H N N
immp
O M W
IN9
N
l9
S
OOO
N
oOo
q l7 N
pS
19
ppO�
a9
l9
1(�
m
N O 19 S S NNpy
N N OWi
N
O
S
O S
O
O N
So
O
p
y
L
YNI
oOp
O a9 W N m
N
O M O�
100_
a9
S
W H
S
o
q N IH
g
w
yE
'n
E
C
a
E
ryry
01
_
pp
'"O amp O
q
M N h
Im9
O
O
O
S
ONO
O
a
d
N O
O
yNp pSO oSo
W N N ar9 H g 0
w
N
b pl N
O
N
q
W
pS
l9 g
w
N l7 w
S
Y
0
= N
N 1�Ny
v
W
�f90
Vi
W
C�
G
R
2
N
N S O S So N
O N N
W
S
O
S SOp
O
O.N O
O
l'
a
no
pSo p
O H W W Nm
9p�
m
N
W o Vl O�
O
W
W
O a9
H Ol S
N
E
R
'C
O
C
i
N
N am'1
m
V
N m m
N N
a.
0 1
N M
C
O
z
o � F
Z
0 0 F gy
Uw O
K
Jj
O
Zj i
NZ W
U
Z
i
F' -
Z
K> W
WW
`�
KW
O
rc LU
v
°
Z
OZ on
SF
Ltl
"
Z
7.
oo ugh ug� rc�
o iz 4w io c p
4-�r�
az
z
Apr
Swrc
a
z
m
a -
c
ugo
2W
al9
ao
w jz
Kt7 w
M.
mom.
X2
a
Staff Report
TRBAA 2011
Exhibit 3
A
B
C I
D
E F
1
MONTH
January-10
February-10
March-10
April-10
May-10
June-10
July-10
August-10
September-10
October-10
November-10
December-10
Total
CITY OF VERNON
FORECAST TRANSMISSION CREDITS
for Calendar Year 2011 TRBAA
Wheelinq NET FTR Total
($1,000.87) $0.00 ($1,000.87)
($1,000.87) $0.00 ($1,000.87)
($1,000.87) $0.00 ($1,000.87)
($1,000.87) $0.00 ($1,000.87)
($1,000.87) $0.00 ($1,000.87)
($1,000.87) $0.00 ($1,000.87)
($1,000.87) $0.00 ($1,000.87)
($11000.87) $0.00 ($1,000.87)
($1,000.87) $0.00 ($1,000.87)
($1,000.87) $0.00 ($1,000.87)
($1,000.87) $0.00 ($1,000.87)
($1,000.87) $0.00 1000.87
($12,010.44) $0.00 ($12,010.44)
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
Vernon TRBAA Data eff Jan 1 2011(1349382_1_DC).XLS
Staff Report
TRBAA 2011
Exhibit 4
A B C D E F I G H I J
1 Vernon Historical Transmission Credits
2 for Calendar Year 2011 TRBAA
Wheeling Revenues
ISO INVOICE ISO INVOICE
CT 384 CT 3384
Final Total Service Month
9
October-09
November-09
December-09
January-10
February-10
March-10
April-10
May-10
June-10
July-10
August-10
September-10
(Cash Basis)
($334.04)
($376.85)
($978.31)
($972.80)
($1,385.12)
($1,815.84)
($1,891.46)
($1,151.78)
($829.39)
($2,274.85)
$0.00
$0.00
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
CT 204
($334.04)
($376.85)
($978.31)
($972.80)
($1,385.12)
($1,815.84)
($1,891.46)
($1,151.78)
($829.39)
($2,274.85)
$0.00
$0.00
f$12.010.441
CT 254
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
October-09
November-09
December-09
January-10
February-10
March-10
April-10
May-10
June-10
July-10
August-10
September-10
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
0.00 1
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
0.00
�0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00.
$0.00
$0.00
0.00
$0.00
27
28
29
.30
31
32
33
34
35
36
37
38
39
40
( Sum of Hourly Net FTR Revenue that is greater than zero )
November-09 $ -
December-09 $ -
January-10 $ -
February-10 $ -
March-10 $ -
April-10 $ -
May-10 $ -
June-10 $ -
July-10 $ -
August-10 $ -
September-10 $ -
$0.00
On April 1, 2009 the ISO implemented MRTU. Under the MRTU, Vernon's FTRs were converted to Converted Rights (CVRs).
CVRs do not create net congestion revenues.
Vernon TRBAA Data eff Jan 1 2011(1349382_1_DC).XLS
Staff Report
TRBAA 2011
Exhibit 5
A B C D E F G H
1
2 FTR Break-out
3 for Calendar Year 2011 TRBAA
4
5 Amount
(after hourly
6
Charge Type Total Amount
Netting)'
7
8
Revenues
9
CT 204 and CT 254 $0.00
$0.00
10
11
Charges
12
CT 203 $0.00
13
CT 253 $0.00
14
CT 255 $0.00
15
CT 256 $0.00
16
$0.00
$0.00
17
18
Net FTR $0.00
$0.00
19
20
21
1. Net figures were adopted from ISO calculation.
22
Vernon's own worksheet reflects ($0).
23
24
25
On April 1, 2009 the ISO implemented MRTU. Under the MRTU; Vernon's FTRs were converted to Converted Rights (CVRs).
26
CVRs do not create net congestion revenues.
�7
Vernon TRBAA Data eff Jan 1 2011(1349382_1_DC).XLS
A
B I
C I
D I
E
F
G
FTR Monthly Detail
(Before Hourly Netting)
for Calendar Year 2011 TRBAA
Month
CT 203
CT 204
CT 254
CT 253
CT 255
CT 256
Jul-09
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Aug-09
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Sep-09
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Oct-09
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Nov-09
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Dec-09
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Jan-10
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Feb-10
$0.00
$0.00
$0.00
$0.00
$0.0.0
$0.00
Mar-10
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Apr-10
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
May-10
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Jun-10 1
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Staff Report
TRBAA 2011
Exhibit 6
H
On April 1, 2009 the ISO implemented MRTU. Under the MRTU, Vernon's FTRs were converted to Converted Rights (CVRs).
CVRs do not create net congestion revenues.
Vernon TRBAA Data eff Jan 1 2011(1349382_1_DC).XLS
osoeo sego sOso Gso seoeo
H g w w w N H N H w w w H H w w N N N N N w w w w H N H g w w N w w w w w
88888 8888 C8S 88S
Q g N w w w H N w w w w w w w w w ., w w w H g q w w N H N H H N N w w H H
_ 88888 8888 888 88S8 88 88G888 SSSB
H H N H q w w.w H w w w H H w w q H H g N w H H N p N w w w q q o H g N H w
88888 8888 8858 8888 88888 88888
-� H W N H p H. p H H W w H N a9 W ci H N q q H H N W H K H W N g q a9 H N W
G8888 88 1.8 8SS1. ol 88 SOSB
w w H H w H H q w w w w w N H H w w H H w w w w w w H q
8.188 8188 88818 8888, SSSB 888
w w w w H w w w .w 'w w N w w w w w w. w w g N w w H N
o o'o 088 080
Ew w w w w$ q H g w q w w w q . ci a w 'q .... ....
IL m
BNb SSoo o0O8S S88o SSOo 8888
YI y, H w N H w w H N H H w N H w w w w w w w
H N H
C }
L
C C
ym�oo 1. 8888 0800 SSBo
m U ' w w N N N g w N w
E� N HHgN NHgw .HHN .HHN
H
c
C
h
880 8888
p H q 6 w w w w w» H 0 N N H w w N H w w N H N g q
p8 '08
N w w w w ci
H
88888 088 8888 000 pS 8 8888 I
Z w wci
N H H w w w N H H N. N g q N w w w N N g w w H N w w q H w y p p
a Qi o 0 8 o 6 666Soo a o 8 0 0
O N q N w n w N N Hww H N H H g H N H w . p H w N H N H N H H w H H N
Q x
N N tp0 N
— O w
r
$i O
z�m
1(�G
NO
F�o�
N N
�o ��Nf
sww
�w Qy»a�
lV
Obi
�gN sx�
G
c
c N
c
c N „ U
>
N > >
> >
> > 3
y > >
T.
No > >
u E
m
m
Y <
n
Z _
v z°
�.
c
c S
CERTIFICATE
STATE OF CALIFORNIA )
) ss
COUNTY OF LOS ANGELES)
I, Willard Yamaguchi, City Clerk of the City of Vernon,
County of Los Angeles, State of California, hereby certify that
the attached is a full and complete copy of:
RESOLUTION NO. 2010-144 A Resolution of the City Council of
the City of Vernon Establishing a Transmission Revenue
Balancing Account Adjustment for 2011 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 /� day of November 2010.
SEAL:
Willard G.1
City Clerk
AFFIDAVIT OF
CARLOS R. FANDINO,JR.
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES
Carlos R. Fandino, Jr., being duly sworn, deposes and states that he is
the Director of the Vernon Light and Power Department; that the "City of Vernon
Light and Power Department Staff Report Regarding the Establishment of a New
Transmission Revenue Balancing Account Adjustment for Calendar Year 2011,"
including Exhibit 1 through 7 that are part of that Report, were prepared under his
supervision; that the report and exhibits are correct to the best of his knowledge,
information, and belief; and that he presented this report to the Vernon City
Council as the basis for the Transmission Revenue Balancing Account
Adjustment and Transmission Owner Tariff Appendix I Amendment that is being
filed by Vernon at the Federal Energy Regulatory Commission.
I Z�f; 11/1/2010
Carlos R. F�Idino, Jr. Date
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
State of California J�
County of L__lhP
On� I I,LlO before me, AI)a Kano- a /&eda / Mo:41y- Abl
Date ere Insert Name and Title of the Officer '
personally appeared ���u 70rtd/nD
Name(s) of Signer(s)
who proved to me on the basis of satisfactory
evidence to be the personof whose nameX is/aW
subscribed to the within instrument and acknowledged
to me that . he/qh6/t,* executed the same in
his/twit/t e� authorized capacity, and that by
ANA scionKARI# 19002RUEDA his r/t fr si natureX on the instrument the
Commission � 1900284 � � g
-r' Notary Public - California perso", or the entity upon behalf of which the
z Los Angeles. County D personfs'j acted, executed the instrument.
M Comm. Expires Aug19, 2014
I certify under PENALTY OF PERJURY under the
laws of the State of California that the foregoing
paragraph is true and correct.
WITNESS my hand and official seal.
Signature -
Place Notary Seal Above Sign re of Notary Public
OPTIONAL
Though the information below is not required by law, it may prove valuable to persons relying on the document
and could prevent fraudulent removal and reattachment of this form to another document.
Description of Attached Docum /t J / � /`
Title or Type of Documert:f I C/gf//7 UT (%�l7
Document Date: //0
Signer(s) Other Than Named Above:
Capacity(ies) Claimed by Signer(s)
Signer's Name: ��/�Ut�G1//'Jd /. Signer's Name:
❑ Corporate Officer— Title(s):
❑ Individual
❑ Partner— ❑ Limited ❑ General Top of thumb here
❑ Attorney in Fact
❑ Trustee
❑ Guardian or Conservator
❑ Other:
Signer Is epresenting:
Number of Pages: r
❑ Corporate Officer— Title(s):
❑ Individual
❑ Partner — ❑ Limited ❑ General Top of thumb here
❑ Attorney in Fact
❑ Trustee
❑ Guardian or Conservator
❑ Other:
Signer Is Representing
w zuua Nanonai Notary Association - NationalNotary.org • 1-800-US NOTARY (1-800-876.6827) Item #5907
NOTICE OF PUBLIC HEARING
The City of Vernon will conduct a Public Hearing which you
may attend.
PLACE: Vernon City Hall
City Council Chambers
4305 Santa Fe Avenue
Vernon, CA 90058
DATE AND TIME: Monday, November 1, 2010, at 8:00 a.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 entitlements (all located
outside the City) pursuant to Vernon's
Transmission Owner Tariff and to consider
evidence to establish Vernon's new Existing
Transmission Contract Adjustment for its
high voltage (over 200 kV) transmission
entitlements (all located outside the City)
pursuant to Vernon's Transmission Owner
Tariff.
Any interested person may attend and may make an oral
presentation to 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: October 27, 2010
4itard G. Y a chi, ity Clerk
NOTICE OF PUBLIC HEARING
The City of Vernon will conduct a Public Hearing which you
may attend.
PLACE: Vernon City Hall
City Council Chambers
4305 Santa Fe Avenue
Vernon, CA 90058
DATE AND TIME: Monday, October 18, 2008, at 8:00 a.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 entitlements (all located
outside the City) pursuant to Vernon's
Transmission Owner Tariff and to consider
evidence to establish Vernon's new Existing
Transmission Contract Adjustment for its
high voltage (over 200 kV) transmission
entitlements (all located outside the City)
pursuant to Vernon's Transmission Owner
Tariff.
Any interested person may attend and may make an oral
presentation to 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: October 6, 2010
Page 1 of 1
Juarez, Debbie
From: Juarez, Debbie
Sent: Monday, November 01, 2010 9:17 AM
To: Fandino, Carlos; Alemu, Abraham; Hunter, Audra; Tolmasoff, Tania; Mermis, Michelle;
Yamaguchi, Willard
Subject: Res. No. 2010-144 Transmission Revenue Balancing Account adjustment for 2011
Attachments: Res. No. 2010-144 Transmission Revenue Balancing Account Adjustment for 2011.PDF
11/1/2010
RECEIVED
0 C T 2 1 2010
CITY CLERK'S OFFICE
STAFF REPORT
LIGHT & POWER DEPARTMENT
DATE: October 21, 2010'
TO: Honorable Mayor and City Council
FROM: Carlos Fandino; Director of Light & Power (?,����t
RE: Transmission Revenue Balancing Account Adjustment for 2011
Purvose
Detailed Staff Report is enclosed.
Recommendation:
1. Approve the newly calculated TRBAA of a positive $18,109
2. Approve replacing the existing TRBAA of positive $411,764 with the new TRBAA
for 2011 of a positive $18,109.
3. Approve the attached revised Appendix I of Vernon's TO Tariff reflecting the
TRBAA of positive $18,109.
4. Authorize outside counsel to submit Vernon's TRBAA, and supporting
documentation, such as this Staff Report and the City Council Resolution
approving the new TRBAA, to the FERC.
Staff would like this matter to be addressed on the November 1, 2010 City Council
meeting.
Fiscal Impact:
There is no known fiscal impact.
CF:AA:rmt
Attachments
S
INTEROFFICE MEMORANDUM
Light & Power Department
RECEIVED
OCT 142010
Date: October 13, 2010
CITYCLERWS OFFICE
To: Carlos Fandino Q yj „6 IOI ILA
Director of Light and Power
From: Abraham Alemu
Resource Planning & Development Manager
SUBJECT: Transmission Revenue Balancing Account Adjustment and
Transmission Revenue Requirement to be placed on the
October 18, 2010 City Council Agenda
Attached for your review and approval is documentation for the establishment of the
Transmission Revenue Balancing Account Adjustment (TRBAA) and the establishment
of a new Transmission Revenue Requirement associated with Vernon's existing high
voltage transmission contract entitlements to be effective_ January 1, 2011. Staff
requests this item to be placed on the October 18, 2010 City council agenda.
CF:AA
Attachments
C: Abraham Alemu
Document Control
AFFIDAVIT OF POSTING
I, Willard G. Yamaguchi, City Clerk, of the City of Vernon do hereby
certify that on the 6th day of October 2010, I did have posted three
(3) copies of the following:
To consider evidence to establish Vernon's new Transmission
Revenue Balancing. Account Adjustment for its high voltage
(over 200 kV) transmission entitlements (all located outside
the City) pursuant to Vernon's Transmission Owner Tariff and
to consider evidence to establish Vernon's new Existing
Transmission Contract Adjustment for its high voltage (over
200 kV) transmission entitlements (all located outside the
City) pursuant to Vernon's Transmission Owner Tariff.
One 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; th northeast corner of Leonis Blvd., and Pacific
Blvd., all in said Cit
Date l) (o
Wirlard G.
City Clerk
State of California )
)ss
County of Los Angeles)
On /fqZ% /U before me, Am IC67tIf7C j'CL cch
Notary Public, personally appeared Willard Yamaguchi
who proved to me on the basis of satisfactory evidence to be the
person(s) whose name(s) is/are subscribed to the within instrument and
acknowledged to me that he/she/they executed the same in his/her/their
authorized capacity (ies), and that by his/her/their signatures) on
the instrument the person(s), or the entity upon behalf of which the
person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of
California that the foregoing paragraph is true and correct.
WITNESS my hand and official seal
------------------
ANA KARINA RUEDA
Commission # 1900284
Notary Public - California
Los Angeles County
My Comm. Ex ires Aug19, 2014