16 Tex. Admin. Code § 25.62 - Transmission and Distribution System Resiliency Plans
(a) Purpose and applicability. This section
allows an electric utility that owns and operates a transmission or
distribution system to file a resiliency plan to enhance the resiliency of the
electric utility's transmission and distribution system. The requirements of
this section will be construed, to the extent practicable, to reflect the
following:
(1) Each transmission and
distribution system has different system characteristics and faces different
resiliency events and resiliency-related risks. The ability to precisely
define, measure, and address these events and risks varies. Terms such as
"event," "risk," "criteria," and "metric" will be construed pragmatically to
provide each utility with the flexibility to develop a well-tailored and
systematic approach to improving the resiliency of its system.
(2) A utility seeking approval of a
resiliency plan bears the burden of proof on each aspect of its resiliency
plan. Nothing in this section categorically limits the type of evidence that a
utility may use to meet this burden. The weight given to each piece of evidence
will be determined by the commission on a case-by-case basis based on the
relevant facts and circumstances. Provisions contained in this section
addressing the weight of certain types of evidence are advisory
only.
(b) Definitions.
The following terms, when used in this section, have the following meanings
unless the context indicates otherwise.
(1)
Distribution invested capital -- The parts of the electric utility's invested
capital that are categorized or properly functionalized as distribution plant
and, once they are placed into service, are properly recorded in Federal Energy
Regulatory Commission (FERC) Uniform System of Accounts 303, 352, 353, 360
through 374, 391, and 397. Distribution invested capital includes only costs:
for plant that has been placed into service or will be placed into service
prior to rates going into effect; that comply with PURA, including §36.053
and §36.058; and that are prudent, reasonable, and necessary. Distribution
invested capital does not include: generation-related costs;
transmission-related costs, including costs recovered through rates set
pursuant to §
25.192 of this title (relating to
Transmission Service Rates), §
25.193 of this title (relating to
Distribution Service Provider Transmission Cost Recovery Factors (TCRF)), or
§
25.239 of this title (relating to
Transmission Cost Recovery Factor for Certain Electric Utilities); indirect
corporate costs; capitalized operations and maintenance expenses; and
distribution invested capital recovered through a separate rate, including a
surcharge, tracker, rider, or other mechanism.
(2) Resiliency cost recovery rider (RCRR)
billing determinant -- Each rate class's annual billing determinant
(kilowatt-hour, kilowatt, or kilovolt-ampere) for the most recent 12 months
ending no earlier than 90 days prior to an application for a Resiliency Cost
Recovery Rider, weather-normalized and adjusted to reflect the number of
customers at the end of the period.
(3) Resiliency event -- an event involving
extreme weather conditions, wildfires, cybersecurity threats, or physical
security threats that poses a material risk to the safe and reliable operation
of an electric utility's transmission and distribution systems. A resiliency
event is not primarily associated with resource adequacy or an electric
utility's ability to deliver power to load under normal operating
conditions.
(4) Resiliency-related
distribution invested capital -- Distribution invested capital associated with
a resiliency plan approved under this section that will be placed into service
before or at the time the associated rates become effective under this section,
and that are not otherwise included in a utility's rates.
(5) Resiliency-related net distribution
invested capital -- Resiliency-related distribution invested capital that is:
(A) adjusted for accumulated depreciation and
any changes in accumulated deferred federal income taxes, including changes to
excess accumulated deferred federal income taxes, associated with all
resiliency-related distribution invested capital included in the electric
utility's RCRR;
(B) reduced by the
amount of net plant investment associated with any distribution invested
capital included in a utility's rates that is retired or replaced, at the time
the associated rates become effective under this section, by resiliency-related
distribution invested capital; and
(C) further adjusted to remove accumulated
depreciation and accumulated deferred federal income taxes associated with
distribution invested capital included in a utility's rates that is retired or
replaced, at the time the associated rates become effective under this section,
by resiliency-related distribution invested capital.
(6) Weather-normalized -- Adjusted for normal
weather using weather data for the most recent ten-year period prior to the
year from which the RCRR billing determinants are derived.
(c) Resiliency Plan. An electric utility may
file a plan to prevent, withstand, mitigate, or more promptly recover from the
risks posed by resiliency events to its transmission and distributions systems.
A resiliency plan may be updated, but the updated plan must not take effect
earlier than three years from the date of approval of the electric utility's
most recently approved resiliency plan.
(1)
Resiliency measures. A resiliency plan is comprised of one or more measures
designed to prevent, withstand, mitigate, or more promptly recover from the
risks posed to the electric utility's transmission and distribution systems by
resiliency events, as described in subsection (d) of this section. Each measure
must utilize one or more of the following methods:
(A) hardening electric transmission and
distribution facilities;
(B)
modernizing electric transmission and distribution facilities;
(C) undergrounding certain electric
distribution lines;
(D) lightning
mitigation measures;
(E) flood
mitigation measures;
(F)
information technology;
(G)
cybersecurity measures;
(H)
physical security measures;
(I)
vegetation management; or
(J)
wildfire mitigation and response.
(2) Contents of the resiliency plan. The
resiliency plan must be organized by measure, including a description of any
activities, actions, standards, services, procedures, practices, structures, or
equipment associated with each measure.
(A)
The resiliency plan must identify, for each measure, one or more risks posed by
resiliency events that the measure is intended to prevent, withstand, mitigate,
or more promptly recover from.
(i) The
resiliency plan must explain the electric utility's prioritization of the
identified resiliency event and, if applicable, the prioritization of the
particular geographic area, system, or facilities where the measure will be
implemented.
(ii) The resiliency
plan must include evidence of the effectiveness of the measure in preventing,
withstanding, mitigating, or more promptly recovering from the risks posed by
the identified resiliency event. The commission will give greater weight to
evidence that is quantitative, performance-based, or provided by an independent
entity with relevant expertise.
(iii) A resiliency plan must explain the
expected benefits of the resiliency measures including, as applicable, reduced
system restoration costs, reduction in the frequency or duration of outages for
customers. and any improvement in the overall service reliability for
customers, including the classes of customers served and any critical load
designations.
(iv) The electric
utility must identify if a resiliency measure is a coordinated effort with
federal, state, or local government programs or may benefit from any federal,
state, or local government funding opportunities.
(v) The resiliency plan must explain the
selection of each measure over any reasonable and readily-identifiable
alternatives. The resiliency plan must contain sufficient analysis and
evidence, such as cost or performance comparisons, to support the selection of
each measure. In selecting between measures, whether a measure would support
the plan's systematic approach may be considered.
(vi) The resiliency plan must identify any
measures that may require a transmission system outage to implement. The
electric utility must coordinate with its independent system operator before
implementing these measures. Upon request, the electric utility must provide
its independent system operator, using mutually-agreed to transfer and data
security procedures, a complete copy of its resiliency plan.
(B) Resiliency events.
(i) A resiliency plan must define identify
and describe each type of resiliency event and any associated
resiliency-related risks the plan is designed to prevent, withstand, mitigate,
or more promptly recover from. A resiliency event may be defined using an
established definition (e.g., a hurricane) or a plan- or measure-specific
definition based on the risks posed by that type of event to the electric
utility's systems (e.g. flooding of a specified depth). Each type of resiliency
event must be defined with sufficient detail to allow the electric utility or
commission to determine whether an actual set of circumstances qualifies as a
resiliency event of that type.
(ii)
If appropriate, one or more magnitude thresholds must be included in the
definition of a resiliency event type based on the risks posed to the electric
utility's systems by that type of event. A resiliency plan may establish
multiple magnitude thresholds for a single type of resiliency event (e.g.,
categories of hurricanes) when necessary to conduct a more granular analysis of
the risks posed by the event and the options available to prevent, withstand,
mitigate, or more promptly recover from them.
(iii) The resiliency plan must include a
description of the system characteristics that make the electric utility's
transmission and distribution systems susceptible to each identified resiliency
event type.
(iv) A resiliency plan
must provide sufficient evidence to support the presence of and risk posed by
each identified resiliency event. The resiliency plan must provide historical
evidence of the electric utility's experience with, if applicable, and
forecasted risk of the identified event type, including whether the forecasted
risk is specific to a particular system or geographic area. In assessing the
presence and risk posed by each resiliency event, the commission will give
great weight to any studies conducted by an independent system operator or
independent entity with relevant expertise.
(C) Evaluation metric or criteria. Each
measure in the resiliency plan must include a proposed metric or criteria for
evaluating the effectiveness of that measure in preventing, withstanding,
mitigating, or more promptly recovering from the risks associated with the
resiliency event it is designed to address.
(i) The resiliency plan must explain the
appropriateness of the selected evaluation metric or criteria.
(ii) For an evaluation metric or criteria
that is not quantitative, the resiliency plan must explain why quantitative
evaluation of the effectiveness of that measure is not possible.
(iii) The resiliency plan must also include
an estimate or analysis of the expected effectiveness of each measure using the
selected evaluation metric or criteria.
(D) If a resiliency plan includes measures
that are similar to other existing programs or measures, such as a storm
hardening plan under §
25.95 of this title (relating to
Electric Utility Infrastructure Storm Hardening) or a vegetation management
plan under §
25.96 of this title (relating to
Vegetation Management), or programs or measures otherwise required by law, the
electric utility must distinguish the measures in the resiliency plan from
these programs and measures and, if appropriate, explain how the related items
work in conjunction with one another.
(E) A resiliency plan must be implemented
using a systematic approach over a period of at least three years. The
resiliency plan must explain this systematic approach and provide
implementation details for each of the plan's measures, including estimated
capital costs, estimated operations and maintenance expenses, an estimated
timeline for completion, and, when practicable and appropriate, estimated net
salvage value (value of the retired asset less depreciation and cost of
removal) and remaining service lives of any assets expected to be retired or
replaced by resiliency-related investments. The resiliency plan should identify
relevant cost drivers (e.g., line miles, frequency of inspections, frequency of
trim cycles, etc.) that would affect the estimates.
(F) A utility may deviate from the
implementation schedule specified in an approved plan if its independent system
operator has not approved an outage that would be required to timely implement
the plan.
(G) The resiliency plan
must include an executive summary or comprehensive chart that explains the plan
objectives, the resiliency events or related risks the plan is designed to
address, the plan's proposed resiliency measures, the proposed metrics or
criteria for evaluating the plans' effectiveness, the plan's cost and benefits,
and how the overall plan is in the public interest.
(3) An electric utility may designate
portions of the resiliency plan as critical energy infrastructure information,
as defined by applicable law, and file such portions confidentially.
(d) Commission processing of
resiliency plan.
(1) Notice and intervention
deadline. By the day after it files its application, the electric utility must
provide notice of its filed resiliency plan, including the docket number
assigned to the resiliency plan and the deadline for intervention, in
accordance with this paragraph. The intervention deadline is 30 days from the
date service of notice is complete. The notice must be provided using a
reasonable method of notice, to:
(A) all
municipalities in the electric utility's service area that have retained
original jurisdiction;
(B) all
parties in the electric utility's base-rate proceeding;
(C) if the resiliency plan is filed by an
electric utility operating in an area in Texas that is open to competition and
includes a request for a resiliency cost recovery rider, each retail electric
provider that is authorized by the registration agent to provide service in the
electric utility's service area;
(D) the Office of Public Utility Counsel.
Notice delivered to the Office of Public Utility Counsel must include a copy of
the resiliency plan, excluding critical energy infrastructure information;
and
(E) the independent system
operator. Notice delivered to the utility's independent system operator must
include a copy of the resiliency plan, excluding critical energy infrastructure
information.
(2)
Sufficiency of resiliency plan. An application is sufficient if it includes the
information required by subsection (c) of this section and the electric utility
has filed proof that notice has been provided in accordance with this
subsection.
(A) Commission staff must review
each resiliency plan for sufficiency and file a recommendation on sufficiency
within 28 calendar days after the resiliency plan is filed. If commission staff
recommends the resiliency plan be found deficient, commission staff must
identify the deficiencies in its recommendation. The electric utility will have
seven calendar days to file a response.
(B) If the presiding officer concludes the
resiliency plan is deficient, the presiding officer will file a notice of
deficiency and cite the particular requirements with which the resiliency plan
does not comply. The presiding officer must provide the electric utility an
opportunity to amend its resiliency plan. Commission staff must file a
recommendation on sufficiency within 10 calendar days after the filing of an
amended resiliency plan, when the amendment is filed in response to an order
concluding that material deficiencies exist in the resiliency plan.
(C) If the presiding officer has not filed a
written order concluding that material deficiencies exist in the resiliency
plan within 14 working days after a deadline for a recommendation on
sufficiency, the resiliency plan is deemed sufficient.
(3) The commission will approve, modify, or
deny a resiliency plan not later than 180 days after a complete resiliency plan
is filed. A resiliency plan is complete once it is deemed sufficient in
accordance with this subsection. The presiding officer must establish a
procedural schedule that will enable the commission to approve, modify, or deny
the plan not later than 180 days after a complete plan is filed. If the
resiliency plan is determined to be materially deficient, the presiding officer
must toll the 180-day deadline until a complete application is filed.
(4) Commission review of resiliency plan. In
determining whether to approve, deny, or modify a plan, the commission will
consider:
(A) the extent to which the plan is
expected to enhance system resiliency, including whether the plan prioritizes
areas of lower performance;
(B) the
estimated costs of implementing the measures proposed in the plan;
and
(C) whether the plan is in the
public interest. The commission will not approve a plan that is not in the
public interest. In evaluating the public interest, the commission may
consider:
(i) the extent to which the plan is
expected to enhance system resiliency, including:
(I) the verifiability and severity of the
resiliency risks posed by the resiliency events the resiliency plan is designed
to address;
(II) the extent to
which the plan will enhance resiliency of the electric utility's system,
mitigate system restoration costs, reduce the frequency or duration of outages,
or improve overall service reliability for customers during and following a
resiliency event;
(III) the extent
to which the resiliency plan prioritizes areas of lower performance;
(IV) the extent to which the resiliency plan
prioritizes critical load as defined in §
25.52 of this title (relating to
Reliability and Continuity of Service);
(ii) the estimated time and costs of
implementing the measures proposed in the resiliency plan;
(iii) whether there are more efficient,
cost-effective, or otherwise superior means of preventing, withstanding,
mitigating, or more promptly recovering from the risks posed by the resiliency
events addressed by the resiliency plan; or
(iv) other factors deemed relevant by the
commission.
(5)
The commission's denial of a resiliency plan is not a finding on the prudence
or imprudence of a measure or estimated cost in the resiliency plan. Upon
denial of a resiliency plan, an electric utility may file a revised resiliency
plan for review and approval by the commission.
(e) Good cause exception. An electric utility
must implement each measure in its most recently approved resiliency plan
unless the commission grants a good cause exception to implementing one or more
measures in the plan. The commission may grant a good cause exception if the
electric utility demonstrates that operational needs, business needs, financial
conditions, or supply chain or labor conditions dictate the exception, or if
the electric utility has a pending application for a revised resiliency plan
that addresses the same resiliency events.
(f) Resiliency Plan Cost Recovery. A utility
may request cost recovery for costs associated with a resiliency plan approved
under this section that are not otherwise included in the utility's rates. If a
utility that files a resiliency plan with the commission does not apply for a
rider or rates to recover resiliency plan costs under paragraph (1) of this
subsection, after commission review and approval of the resiliency plan, the
utility may defer all or a portion of the distribution-related costs relating
to the implementation of the resiliency plan for recovery as a regulatory asset
under paragraph (2) of this subsection, or in a base-rate proceeding. The
regulatory asset may include associated depreciation expense and carrying costs
at the utility's weighted average cost of capital established in the
commission's final order in the utility's most recent base-rate proceeding in a
manner consistent with PURA Chapter 36.
(1)
Resiliency Cost Recovery Rider. This paragraph provides a mechanism for an
electric utility to request to recover certain resiliency-related costs through
a resiliency cost recovery rider (RCRR) outside of a base-rate proceeding or a
distribution cost recovery proceeding as part of a resiliency plan approved
under this section, consistent with Public Utility Regulatory Act (PURA)
§38.078(i).
(A) RCRR Requirements. The
RCRR rate for each rate class, and any other terms or conditions related to
those rates, will be specified in a rider to the utility's tariff.
(i) An electric utility must not have more
than one RCRR.
(ii) An electric
utility with an existing RCRR may apply to amend the RCRR to include additional
costs associated with an updated resiliency plan under PURA
§38.078(g).
(iii) An electric
utility may request an RCRR established under this section take effect at any
time, except that before an RCRR established under this section may take
effect:
(I) all distribution investment
included in the RCRR must be providing service to the electric utility's
customers, and
(II) the commission
must approve RCRR rates in accordance with clause (iv) of this
subparagraph.
(iv) An
electric utility must submit a separate application requesting RCRR rates.
(I) The utility must provide notice of its
application, using a reasonable method of notice, to the parties listed in
subsection (d)(1) of this section.
(II) The RCRR rate request must include: the
final amount of resiliency-related distribution invested capital closed to
plant and in service to be included in the RCRR rates, values necessary to
calculate RCRR rates, attachments demonstrating the calculation of RCRR rates
consistent with this section, and workpapers supporting the
application.
(III) The commission
will enter a final order on the application for RCRR rates under this section
not later than the 60th day after the date the complete updated request is
filed. The commission may extend the deadline for not more than 30 days for
good cause.
(v) An
electric utility must provide notice, using a reasonable method of notice, of
the approved rates and effective date of the approved rates to retail electric
providers that are authorized by the registration agent to provide service in
the electric utility's distribution service area not later than the 45th day
before the date the rates take effect.
(vi) As part of its next base-rate proceeding
or distribution cost recovery factor proceeding for the electric utility, the
electric utility may request to include its remaining unrecovered costs
included in its RCRR in that proceeding and must request that RCRR rates be set
to zero as of the effective date of rates resulting from that
proceeding.
(B)
Calculation of RCRR Rates. The RCRR rate for each rate class must be calculated
according to the provisions of this subparagraph and subparagraphs (C) and (D)
of this paragraph.
(i) The RCRR rate for each
rate class will be calculated using the following formula:
RCRRCLASS = RRCLASS /
BDC-CLASS
(ii) The values of the terms used in this
paragraph will be calculated as follows:
(I)
RRCLASS = RRTOT *
ALLOCC-CLASS
(II) RRTOT = ((RND-C-
* RORRC) + RDDEPR + RNDCFIT + RDOT) - IDCCR
(III) ALLOCC-CLASS =
ALLOCRC-CLASS * (BDC-CLASS /
BDRC-CLASS) / Σ
(ALLOCRC-CLASS * (BDC-CLASS /
BDRC-CLASS))
(IV) IDCCR = Σ
(DISTREV RC-CLASS * %GROWTHCLASS)
- DCRFLGA
(V)
DISTREVRC-CLASS = (DICRC-CLASS *
RORAT) + DEPRRC-CLASS +
FITRC-CLASS + OTRC-CLASS with
the variables in this formula as defined in §
25.243 of this title.
(VI) %GROWTHCLASS =
The greater of ((BDC-CLASS -
BDRC-CLASS) / BDRC-CLASS) or
zero.
(iii) The terms
used in this paragraph represent or are defined as follows:
(I) Descriptions of calculated values.
(-a-) RCRRCLASS --
RCRRrate for a rate class.
(-b-)
RRCLASS -- RCRR class revenue requirement.
(-c-) RRTOT -- Total
RCRR Texas retail revenue requirement.
(-d-) ALLOCC-CLASS --
RCRR class allocation factor for a rate class.
(-e-) IDCCR -- Incremental distribution
capital cost recovery.
(-f-)
DISTREVRC-CLASS -- Distribution Revenues by rate class
based on Net Distribution Invested Capital from the most recently completed
comprehensive base-rate proceeding.
(-g-) %GROWTHCLASS -
Growth in billing determinants by class.
(II) RCRR billing determinants and
distribution investment values.
(-a-)
BDC-CLASS -- RCRR billing determinants.
(-b-) RNDC -- Resiliency-related net
distribution invested capital.
(-c-)
RDDEPR -- Resiliency-related distribution invested capital depreciation
expense.
(-d-) RNDCFIT -- Federal
income tax expense associated with the return on the resiliency-related net
distribution invested capital.
(-e-)
RDOT -- Other revenue-related tax expense associated with the
resiliency-related net distribution invested capital as well as appropriate
associated ad valorem tax expense.
(III) Baseline values. The following values
are based on those values used to establish rates in the electric utility's
most recent base-rate proceeding or distribution cost recovery factor
proceeding, or if an input to the RCRR calculation from the electric utility's
most recently completed base-rate proceeding is not separately identified in
that proceeding, it will be derived from information from that proceeding:
(-a-) BDRC-CLASS --
Rate class billing determinants used to establish distribution base rates in
the most recently completed base-rate proceeding. Energy-based billing
determinants will be used for those rate classes that do not include any demand
charges, and demand-based billing determinants will be used for those rate
classes that include demand charges.
(-b-) RORRC --
After-tax rate of return approved by the commission in the electric utility's
most recently completed base-rate proceeding.
(-c-) ALLOCRC-CLASS --
Rate class allocation factor value determined under the provisions of
subparagraph (C) of this paragraph.
(-d-) DCRFLGA -- The value of
Σ(DISTREVRC-CLASS *
%GROWTHCLASS) in the most recent distribution cost
recovery factor proceeding for the utility since its most recently completed
base-rate proceeding, or zero if there are no distribution cost recovery factor
proceedings since the utility's most recently completed base-rate
proceeding.
(C) Class allocation factors. For calculating
RCRR rates, the baseline rate-class allocation factors used to allocate
distribution invested capital in the most recently completed base-rate
proceeding will be used.
(D)
Customer classification. For the purposes of establishing RCRR rates, customers
will be classified according to the rate classes established in the electric
utility's most recently completed base-rate proceeding.
(2) Distribution Cost Recovery Factor. This
paragraph provides a mechanism for an electric utility to request to recover
certain resiliency-related costs deferred as a regulatory asset as part of a
distribution cost recovery factor proceeding under §
25.243 of this title (relating to
Distribution Cost Recovery Factor (DCRF)), consistent with PURA
§38.078(k).
(A) Notwithstanding the
existing requirements of §
25.243 of this title, a utility
eligible to request a distribution cost recovery factor under §
25.243 of this title must, as part
of an application under §
25.243 of this title, request to
include any resiliency-related costs deferred as a regulatory asset under this
subsection in its DCRF rates.
(B)
DCRF rates established consistent with this paragraph must be calculated in a
manner identical to the DCRF rates described in §
25.234 of this title, with the
exception that the DCRF rate for each rate class must be calculated using the
following formula: ((DICC -
DICRC) * RORAT) +
(DEPRC - DEPRRC) +
(FITC - FITRC) +
(OTC - OTRC) + RAMORT -
Σ (DISTREVRC-CLASS *
%GROWTHCLASS) ] * ALLOCCLASS /
BDC-CLASS Where the value of RAMORT must be equal to a
reasonable annual amortization amount of the resiliency-related regulatory
asset.
(C) Upon the establishment
of an DCRF rate under this paragraph, the resiliency-related regulatory asset
balance will be reduced at an annual rate by the value of RAMORT.
(3) Reconciliation.
(A) Resiliency-related amounts recovered
through rates approved under this subsection are subject to reconciliation in
the first base-rate proceeding for the electric utility that is filed after the
effective date of the rates. As part of the reconciliation, the commission will
determine if the resiliency-related costs are reasonable, necessary, and
prudent.
(B) Any amounts recovered
through rates approved under this subsection that are found to have been
unreasonable, unnecessary, or imprudent, plus the corresponding return and
taxes, must be refunded with carrying costs. In any proceeding in which the
commission determines that a utility has included in rates any amounts deemed
unreasonable, unnecessary, or imprudent, the commission may order a compliance
proceeding to determine the amounts and manner of any necessary refunds to
ratepayers, including carrying costs. Carrying costs will be determined as
follows:
(i) For the time period beginning
with the date on which over-recovery is determined to have begun to the
effective date of the electric utility's base rates set in the base-rate
proceeding in which the costs are reconciled, carrying costs will accrue
monthly and will be calculated using an effective monthly interest rate based
on the same rate of return that was applied to the resiliency costs included in
rates.
(ii) For the time period
beginning with the effective date of the electric utility's rates set in the
base-rate proceeding in which the costs are reconciled, carrying costs will
accrue monthly and will be calculated using an effective monthly interest rate
based on the electric utility's rate of return authorized in that base-rate
proceeding.
(D) In any
base-rate proceeding in which resiliency-related costs are being reconciled,
the electric utility must separately include as part of its base-rate
application testimony, schedules and workpapers sufficient to enable a
comprehensive review of all resiliency-related costs included in each and every
rider under this subsection that have not yet been reconciled. Such information
must include, but is not limited to, the dates when the individual
resiliency-related projects began providing service to the public, as well as
the costs associated with the individual resiliency-related projects.
(g) Reporting
requirements. An electric utility with a commission-approved resiliency plan
must file an annual resiliency plan report by May 1 of each year, beginning the
year after the plan is approved. The annual resiliency plan report must include
the following information:
(1) until the
resiliency plan is fully implemented, an implementation status update
consisting of:
(A) a list of each resiliency
plan measure completed in the prior calendar year, and the actual capital costs
and operations and maintenance expenses incurred in the prior year attributable
to each measure;
(B) a list of each
resiliency plan measure scheduled for completion in the upcoming year, and an
estimate of capital costs and operations and maintenance expenses for each
resiliency plan measure scheduled for completion in the upcoming calendar year;
and
(C) an explanation for any
material changes in the implementation timeline or costs associated with
implementing the resiliency plan; and
(2) until the third anniversary of the plan
being fully implemented, a resiliency benefit update consisting of:
(A) a report on the occurrence of any
resiliency events the resiliency plan or a previously-implemented resiliency
plan was intended to address, including a comparison of the frequency and
magnitude of these events with any projections contained in the resiliency plan
or a resiliency plan previously-implemented by the electric utility;
(B) an evaluation of the effectiveness of
each implemented resiliency plan measure in preventing, withstanding,
mitigating, or more promptly recovering from the risks posed by any resiliency
events that measure was implemented to address. This evaluation must include an
analysis using the metric or criteria contained in the resiliency plan for that
measure, and a comparison of the measure's actual effectiveness with its
projected effectiveness.
(C) an
update on the expected impact of implemented resiliency plan measures, as
appropriate for each measure, on system restoration costs, reduction in the
frequency or duration of outages for customers at the location for which a
resiliency plan was implemented, and any improvement in the overall service
reliability for customers.
(3) When submitting an updated resiliency
plan, the utility must include in the evidence supporting the plan, any
information from prior resiliency benefit updates related to
previously-approved measures designed to address the same or similar resiliency
risks.
(4) An electric utility is
required to maintain records associated with the information referred to in
this subsection for five years, beginning the year after the plan is approved.
Upon request by commission staff an electric utility must provide any
additional information and updates on the status of the resiliency plan
submitted.
Notes
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No prior version found.