MISO
FERC Electric Tariff
SCHEDULES
SCHEDULE 16-B
ATSI and Eligible Customer Alternative Schedule 16 Administr
32.0.0
SCHEDULE 16-B
American Transmission System, Incorporated (“ATSI”) and Eligible Customer
Alternative Schedule 16 Administrative Cost Adder
I.
GENERAL
This American Transmission System, Incorporated (“ATSI”) and Eligible Customer
Alternative Schedule 16 Administrative Cost Adder (“Alternative ATSI Schedule 16 Cost
Adder”) recognizes prepayment by ATSI of financial obligations incurred by the Transmission
Provider as of the effective date of withdrawal by ATSI (the “Withdrawal Date”). Use of this
Schedule is restricted to ATSI and the other Eligible Customers as defined in Schedule 10-D.
Subject to the limitations set forth herein, (i) ATSI and the other Eligible Customers shall pay the
Alternative ATSI Schedule 16 Cost Adder, which is designed to recover the Transmission
Provider’s Schedule 16-related costs net of the pre-paid financial obligations, and (ii) Schedule
16-B shall be used in lieu of Schedule 16 for all Financial Transmission Rights (“FTRs”) held by
ATSI and the other Eligible Customers.
Revenue collected under the Alternative ATSI Schedule 16 Cost Adder, combined with
revenue collected under Schedule 16 and Schedule 16-C, provides for the recovery of all costs
incurred by the Transmission Provider in providing the FTR Administrative Service (“Service”),
inclusive of all costs resulting from assignment or allocation of costs to the Service. The
Transmission Provider’s costs incurred in providing the Service include, but are not limited to,
costs associated with: 1) coordination of FTR bilateral trading; 2) administration of FTRs
through allocation, assignment, auction or any other process accepted by the Commission; 3)
Effective On: January 31, 2015
MISO
FERC Electric Tariff
SCHEDULES
SCHEDULE 16-B
ATSI and Eligible Customer Alternative Schedule 16 Administr
32.0.0
support of the Transmission Provider’s on-line, Internet-based FTR tool; 4) “simultaneous
feasibility” analyses to determine the total combination of FTRs and Option B Grandfathered
Agreements (“GFA”) entitlements that can be outstanding and accommodated by the
Transmission System at a given point in time; and 5) the administration of FTRs and revenue
distribution.
II.
RATES AND BILLING DETERMINATES
A.
Rates
The rates described in this Section will be applied only to ATSI and, to the extent
such entity is an assignee or transferee of Eligibility Rights (as defined in Section 3.3 of the Exit
Fee Agreement between MISO and ATSI as approved by FERC) originally issued to ATSI, other
Eligible Customers. The respective eligibility of ATSI and the other Eligible Customers for this
alternative administrative cost schedule shall begin on the Withdrawal Date and cease on the
earlier of (i) May 31, 2026, or (ii) the point in time when the cumulative difference between the
fees that ATSI and the other Eligible Customers would have paid under Schedule 16 and the
actual fees paid under this Schedule 16-B equals $1,147,724; provided that an Eligible Customer
may utilize this Schedule 16-B only to the extent of the Eligibility Amount (as defined in Section
3.3 of the Exit Fee Agreement between MISO and ATSI as approved by FERC) relating to this
Schedule and held by such Person from time to time.
B.
Billing Determinants
The billing determinants for the Alternative ATSI Schedule 16 Cost Adder shall be the
total amount of FTR volume for all FTR Holders and Option B GFA entitlements held by
Eligible Customers, expressed in MWs.
Effective On: January 31, 2015
MISO
FERC Electric Tariff
SCHEDULES
C.
SCHEDULE 16-B
ATSI and Eligible Customer Alternative Schedule 16 Administr
32.0.0
Costs to Be Recovered
The costs to be recovered under this Schedule 16-B in the monthly charge shall be the
Eligible Customer’s share of the Transmission Provider’s either budgeted Schedule 16 Costs or
forecasted Scheduled 16 Costs to be recovered under Schedule 16 for that month, including trueup amounts from the prior month, less a prepayment amount due to ATSI’s payment of its Exit
Fee. The Exit Fee is defined in the Exit Fee Agreement between MISO and ATSI, as approved
by FERC. Budgeted Schedule 16 Costs or forecasted Schedule 16 Costs are those defined in
Section III of Schedule 16 of the Tariff. Total budgeted Schedule 16 Costs or forecasted
Schedule 16 Costs per FTR MW per hour less the applicable Schedule 16 prepayment amount
divided by ATSI Zone Customers’1 FTR volume during the twelve (12) months immediately
preceding ATSI’s withdrawal shall be used to derive the Schedule 16-B rate for that month.
III.
RATE FORMULA
Each month, the Transmission Provider shall determine the Alternative ATSI Schedule
16 Cost Adder for the next month by using the following rate formula:
=
[(Xt + Tt-1)/ Zt,] – [FTR_PREPAYMENTbt / (ZATSI / 12)]
t
=
Effective month.
ATSI_F
=
Alternative ATSI Schedule 16 Cost Adder, in dollars per MW.
X
=
Budgeted Schedule 16 Costs or forecasted Schedule 16 Costs, as
ATSI _Ft
where:
defined in Section III of Schedule 16.
T
=
True-up amount from prior month, as defined in Section III of
Schedule 16.
Effective On: January 31, 2015
MISO
FERC Electric Tariff
SCHEDULES
SCHEDULE 16-B
ATSI and Eligible Customer Alternative Schedule 16 Administr
32.0.0
FTR_PREPAYMENT
=
Exit Fee16 / 180 months, where:
Exit Fee16 is the amount of ATSI’s Exit Fee associated with
Schedule 16 Costs equal to $ 1,147,724.
ZATSI
=
Total FTR volume and Option B GFA entitlements held by ATSI
Zone Customers, expressed in MW, during the twelve months
immediately preceding ATSI ’s withdrawal from the Transmission
Provider.
Z
=
Estimated total FTR volume of all FTR Holders and Option B
GFA entitlements expressed in MW, as defined in Section III of
Schedule 16.
In the event the rate calculation results in a value less than zero, the rate shall be set to
zero.
IV.
MONTHLY CHARGES FOR ELIGIBLE CUSTOMERS
To the extent an Eligible Customer holds a Schedule 16 Eligibility Amount for each
month, the charges for an Eligible Customer’s FTRs shall be calculated by multiplying the
Alternative ATSI Schedule 16 Cost Adder rate effective in that month, as determined under the
above rate formula, by the Eligible Customer’s total FTR volume for that month, expressed in
MW, as discussed in Section II.A above.
1
The term “ATSI Zone Customers” means all customers taking service under MISO
Schedule 16 in the ATSI Zone (represented by the combined service territories of The
Cleveland Electric Illuminating Company, The Toledo Edison Company, Ohio Edison
Company, and Pennsylvania Power Company).
Effective On: January 31, 2015