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Public Notice -Notice of rate change request - 1/31/2019

NOTICE OF RATE CHANGE REQUEST

Southwestern Electric Power Company (SWEPCO or Company) publishes this notice that on December 19, 2018, it filed its Statement of Intent and Application for Authority to Amend Transmission Cost Recovery Factor (TCRF) with the Public Utility Commission of Texas (PUCT or Commission) in Docket No. 49042. The filing was made in accordance with the Public Utility Regulatory Act (PURA) § 36.209 and 16 Tex. Admin. Code (TAC) § 25.239. The TCRF will recover SWEPCO’s reasonable and necessary costs for transmission infrastructure improvements as well as changes in wholesale transmission charges under a tariff approved by the Federal Energy Regulatory Commission (FERC) to the extent that the costs or charges have not otherwise been recovered. In this application, SWEPCO seeks to recover its transmission capital investments from July 1, 2016 through September 30, 2018. SWEPCO also seeks to recover through the TCRF approved transmission charges that are not otherwise being recovered through current rates.
This notice is being published in accordance with PURA § 36.103 and 16 TAC § 22.51(a)(1).

STATEMENT OF INTENT TO CHANGE RATES

SWEPCO requests that the Commission approve an increase of $12,579,246 above the revenue requirement approved by the Commission in SWEPCO’s last base rate case, Docket No. 46449 (as reduced to reflect the reduction in federal corporate income taxes resulting from the Tax Cuts and Jobs Act of 2017). This amounts to a 3.58 percent increase in SWEPCO’s overall annualized Texas retail revenue requirement. SWEPCO proposes that its requested rate change become effective 35 days after the filing of the Statement of Intent and Application. The proposed effective date is subject to suspension and extension by actions that may be taken by the Commission.
All customers in SWEPCO’s Texas retail rate classes will be affected by this change. The impact of the rate change on various customer classes will vary from the overall impact described in this notice.

CONTACT INFORMATION

Persons with questions or who want more information on SWEPCO’s Statement of Intent and Application may contact SWEPCO at 428 Travis Street, Shreveport, Louisiana 71101, or call toll-free at (888) 216-3523 during normal business hours. A complete copy of the Statement of Intent and Application and related filings is available for inspection at the address listed in the previous sentence.
Persons who wish to intervene in or comment upon these proceedings should notify the Commission as soon as possible, as an intervention deadline will be imposed. A request to intervene or for further information should be mailed to the Public Utility Commission of Texas, P.O. Box 13326, Austin, Texas 78711-3326. Further information may also be obtained by calling the Public Utility Commission at (512) 936-7120 or (888) 782-8477. Hearing- and speech-impaired individuals with text telephones (TTY) may contact the Commission at (512) 936-7136. A request for intervention or for further information should refer to Docket No. 49042. Unless otherwise ordered by the presiding officer, motions to intervene will be due 45 days from the date SWEPCO filed its Statement of Intent and Application with the Commission.