⚡Southeastern Power Administration Interim Power Rate Approval
Notice of Interim Approval of Rate Schedules for Kerr-Philpott System of Projects
Summary
The Administrator for the Southeastern Power Administration (Southeastern) has confirmed and approved, on an interim basis, rate schedules VA-1-E, VA-2-E, VA-3-E, VA-4-E, DEP-1-E, DEP-2-E, DEP-3-E, DEP-4-E, AP-1-E, AP-2-E, AP-3-E, AP-4-E, NC-1-E, and Replacement-2-D. These rate schedules are applicable to Southeastern power sold to existing preference customers in North Carolina and Virginia. The rate schedules are approved on an interim basis through September 30, 2030, and are subject to confirmation and approval by the Federal Energy Regulatory Commission (FERC) on a final basis.
Agencies
- Energy Department
- Southeastern Power Administration
Business Impact
$$$ - High
The document outlines interim approval of new power rate schedules by the Southeastern Power Administration, impacting businesses in NC and VA through electric charges. The adjustments to rate schedules directly affect operational costs and price predictability, especially as changes depend on net revenue recovery mechanisms.