Georgia Public Service Commission Regulatory Update

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Georgia Public Service Commission Regulatory Update Presentation For: Southeastern Energy Society Luncheon September 18, 2006 Alston & Bird LLP Law Offices By David L. Burgess, Commissioner Georgia Public Service Commission 244 Washington Street, S.W. Atlanta, Georgia 30334 Telephone: 404-656-2040 / Email: [email protected] Web site: www.psc.state.ga.us

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Georgia Public Service Commission Regulatory Update. Presentation For: Southeastern Energy Society Luncheon September 18, 2006 Alston & Bird LLP Law Offices By David L. Burgess, Commissioner Georgia Public Service Commission 244 Washington Street, S.W. Atlanta, Georgia 30334 - PowerPoint PPT Presentation

Transcript of Georgia Public Service Commission Regulatory Update

Page 1: Georgia Public Service Commission Regulatory Update

Georgia Public Service Commission

Regulatory Update

Presentation For:

Southeastern Energy Society LuncheonSeptember 18, 2006

Alston & Bird LLP Law OfficesBy

David L. Burgess, CommissionerGeorgia Public Service Commission

244 Washington Street, S.W.Atlanta, Georgia 30334

Telephone: 404-656-2040 / Email: [email protected] site: www.psc.state.ga.us

Page 2: Georgia Public Service Commission Regulatory Update

Georgia Public Service Commission

Mission Statement

The Commission’s mission is to exercise its authority and influence to ensure consumers receive reasonably priced, high quality, reliable and innovative telecommunications, electric, natural gas and transportation services from financially viable and technically competent companies.

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Key Energy Issues

Georgia Power Company/Savannah Merger

Integrated Resource Planning Process

State Energy Strategy

Renewables/Green Energy

Natural Gas Winter Preparedness Initiatives

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Georgia Power/Savannah Merger

Georgia Power Company (“GPC”) and Savannah Electric Power Company merger effective July 1, 2006.

Increasing Fuel Cost led to merger.

Operating efficiencies to be gained by merger.

Combined forward-looking fuel rate established.

GPC’s next base rate case to be filed July 2007.

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Integrated Resource Planning Process

2007 Integrated Resource Plan to be filed January 2007.

GPC to include “nuclear option” as supply side option.

Commission approved accounting procedure for GPC to account for cost related to filing for Early Site Permit and Combined Operating License with NRC.

Commission will consider GPC’s Clean Air Act Compliance Strategy.

Additional Demand Side Programs and initiatives will be considered. Smart metering, Time-based Rates, Demand Response Programs to

be considered.

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State Energy Strategy

The Governor’s Energy Policy Council will work with Georgia Environmental Facilities Authority (“GEFA”) to oversee the development of the State Energy Strategy.

The Governor has appointed eighteen individuals as members of the council, and four state officials will serve as ex officio.

The Commission has submitted comments and is participating in meetings and workshops.

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Renewables/Green Energy

Biomass Gas and Electric 20MW plant in Forsyth County will be the first in Georgia.

Commission adopted more favorable terms for Proxy Unit Price contract for Qualified Facilities (QFs) based on their operation.

Commission approved GPC’s Green Energy Tariff which lowered premiums to encourage greater customer participation.

Dekalb County Landfill will be GPC’s first resource. Scheduled to come on line in the fall of 2006.

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Natural Gas Winter Preparedness Initiatives

Consumer Education

Consumer Protections

Conservation

Financial Assistance

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Closing Remarks/Questions

Mission Statement

The Commission’s mission is to exercise its authority and influence to ensure consumers receive reasonably priced, high quality, reliable and innovative telecommunications, electric, natural gas and transportation services from financially viable and technically competent companies.