Oklahoma Administrative Code › Title 165 - Corporation Commission › Chapter 35 - Electric Utility Rules › Subchapter 39 - Minimum Filing Requirements › Section 165:35-39-2 - Definitions and Acronyms

Current through Vol. 41, No. 20, July 1, 2024
The following terms and acronyms shall have the meanings set
				  forth below for the purpose of this Subchapter 39 to the Commission's Electric
				  Rules (OAC 165:35):
"EIS market"
means the Energy Imbalance Service
				  market implemented pursuant to FERC-approved amendments to SPP's OATT on
				  February 1, 2007.
"FERC"
means the Federal Energy Regulatory
				  Commission.
"Fuel Audit"
means the statutory audit of an
				  electric utility's costs of fuel and purchased power costs as delivered into
				  the utility's system pursuant to 17 O.S. §§251
et
				  seq.
"Fuel Supply Portfolio and Risk Management Plan"
means the documentation required to be submitted to the Commission by each
				  utility by Commission Order.
"Material Change, "
"Material Deviation,
				  "
or
"Material Impact"
means any change deviation from
				  planned operations, or cost impact to the utility's customers equal to or
				  greater than three percent (3%) for any single line item or event reflected in
				  the utility's total cost of fuel burned and purchased power during the Review
				  Period.
"Minimum Filing Requirements"
or
"MFR"
means the minimum filing requirements established by this
				  Subchapter 39 of the Electric Rules to be filed or made available by a utility
				  to the Commission, PUD Staff, the Attorney General, and interested parties,
				  subject to appropriate confidentiality protection, upon the filing by PUD Staff
				  of an application initiating a Fuel Audit or a Prudence Review.
"MFR Package"
means all of the documentation to
				  be provided or made available by the utility as identified in this Subchapter.
"Monthly Fuel Adjustment Clause ("FAC") filings"
means the information electric utilities are required to file pursuant to 17
				  O.S. §253.B prior to implementing fuel and fuel related costs pursuant to
				  a Commission approved fuel and purchased power adjustment tariff.
"OATT"
means an Open Access Transmission Tariff
				  as approved by the FERC.
"Production Tax Credits"
or
"PTCs"
means an income tax credit available to owners or operators of electric
				  generation facilities that produce electricity from "qualified energy
				  resources". These include wind, geothermal, solar and hydropower. (
				  26 USC
				  45 Electricity produced from certain
				  renewable resources, etc.; Title 68 O.S. Section
				  2357.32A
				  Credit for Electricity Generated by Zero-Emission Facilities).
"Prudence Review"
means the biennial review of
				  the fuel, generation, and purchased power related expenses incurred by a
				  utility pursuant to OAC
				  165:35-35-1.
"Renewable Energy Certificates, "
"Green
				  Tags," "Renewable Energy Credits," "Renewable Electricity Certificates,"
				  "Tradable Renewable Certificates,"
or
"RECs"
means
				  tradable, non-tangible energy commodities in the United States that represent
				  proof that 1 megawatt-hour (MWh) of electricity was generated from an eligible
				  renewable energy resource (renewable electricity). Solar Renewable Energy
				  Certificates are RECs that are specifically generated by solar energy.
"Review Period"
means the period of time, in
				  calendar year increments, identified by PUD Staff in an application initiating
				  a Fuel Audit or a Prudence Review.
"SPP"
, means the Southwest Power Pool, the
				  Regional Transmission Organization recognized by the FERC and encompassing the
				  State of Oklahoma and all or parts of surrounding jurisdictions.
Added at 24 Ok Reg 1827,
				  eff 7-1-07; Amended at 28 Ok Reg 2252, eff
				  7-25-11