Title
Resolution - Approval of 2025 Interim TCOS Filing - J Greene/C Powell/A Stover
Other Info
Submitted By: Andrea Stover
Department: Legal Services
Financial Impact and Cost/Benefit Considerations: As previously discussed in Executive Session.
Discussion
Pedernales Electric Cooperative, Inc. ("PEC") is a transmission service provider and may file an interim transmission cost of service rate filing pursuant 16 Texas Administrative Code ("TAC") ? 25.192(h) as established by the Public Utility Commission of Texas ("PUCT"). 16 TAC ? 25.192(h) provides that a transmission service provider can apply to update its transmission rate on an interim basis not more than twice per calendar year to reflect changes in its invested capital and other designated items.
PEC's transmission cost of service rates were established through a final order issued by the PUCT in Docket No. 22533 on March 7, 2001, and updated through interim rate updates in Docket No. 49584 approved on July 30, 2019, Docket No. 51375 approved on November 10, 2020, Docket 52884 approved on January 19, 2022, Docket 54305 approved on January 3, 2023, Docket 55927 approved on January 19, 2024, and Docket 57500 approved on February 26, 2025. PEC's transmission cost of service rates established in Docket No. 57500 reflect invested capital through the end of September 2024.
PEC plans to file for an interim update of its transmission cost of service rates to reflect the addition and retirement of transmission facilities from October 1, 2024 through August 31, 2025, with appropriate depreciation, associated taxes, and the PUCT-authorized rate of return on such facilities, as well as changes in loads, included pursuant to 16 TAC ? 25.192(h).
Body
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THECOOPERATIVE, that the Cooperative is authorized to file an interim transmission cost of service rate application pursuant to 16 TAC ? 25.192(h) at the PUCT as discussed by the Board this day; and
BE IT F...
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