⚡Proposed Rate Adjustments for Kerr-Philpott Power Customers
Proposed Rate Adjustment, Proposed Adjustment to True-Up Mechanism, Public Forum, and Opportunities for Public Review and Comment for Kerr-Philpott System
Summary
Southeastern Power Administration (Southeastern or SEPA) proposes to revise existing schedules of rates and charges applicable to the sale of power from the Kerr-Philpott System effective for a 5- year period, from October 1, 2025, through September 30, 2030. Opportunities will be available for interested persons to review the present rates and the proposed rates, supporting studies, to participate in a public forum and to submit written comments. Southeastern will evaluate all comments received in this process.
Agencies
- Energy Department
- Southeastern Power Administration
Business Impact
$$$ - High
The proposed rate adjustments for the Kerr-Philpott System directly impact pricing for public bodies and cooperatives that purchase power, which can alter operational costs for businesses relying on this energy. The adjusted base capacity and energy charges may lead to increased operational expenses, affecting financial planning and profit margins. Additionally, the inclusion of a true-up mechanism introduces variability in costs based on revenue recovery, demanding careful financial management.