Haw. Code R. § 6-74-17 - Availability of electric utility system cost data; general rule
(a) To make available data from which avoided
costs may be derived, not later than June 30, 1982, and not less often than
every two years thereafter, each regulated electric utility described in §
6-74-16 shall provide to the commission, and shall maintain for public
inspection at its administrative office the following data:
(1) The estimated avoided cost of the
electric utility's system, solely with respect to the energy component, for
various levels of purchases from qualifying facilities. Such levels of
purchases shall be stated in blocks of not more than one hundred megawatts, for
systems with peak demand of one thousand megawatts or more, and in blocks,
equivalent to not more than ten per cent of the system peak demand, for systems
with peak demand of less than one thousand megawatts. The avoided costs shall
be stated on a cents per kilowatt-hour basis, during daily peak and off-peak
periods, by year, for the current calendar year and each of the next five
years. The utility shall specify whether the costs are current costs or
projected costs;
(2) The electric
utility's plan for the addition of capacity or load management facilities, or
both by amount and type, for purchases of firm, and for capacity retirements
for each year during the succeeding ten years; and
(3) The estimated capacity or load management
facilities or both costs at completion of the planned capacity additions and
planned capacity firm purchases, on the basis of dollars per kilowatt, and the
associated energy costs of each unit operating at its most efficient point,
expressed in cents per kilowatt hour. These costs shall be expressed in terms
of individual generating units and of individual planned firm purchases. The
utility shall specify whether costs are current costs or projected
costs.
(b) Each electric
utility shall submit avoided energy costs consisting of cost of fuel, which
shall be computed based on the latest composite fuel price stated in cents per
million BTU multiplied by the heat rate per million BTU per net kilowatt hour.
The subtotal is then adjusted for the power factor adjustment in cents per net
kilowatt hours plus the generation operating and maintenance costs in cents per
net kilowatt hour multiplied by the hour-weighting factor for on-peak and
off-peak periods. The heat rate, power factor adjustment and generation
operating and maintenance costs shall be derived from the electric utility's
last rate increase approval by the commission.
Notes
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