Priority Project’s V Plan Projected Transmission · djones@spp.org 501 688 1717 ... Additional...

2/17/2011

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Priority Project’s V‐Plan Novation’s Projected Impact on Transmission Customers 

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Feb 16, 2011

Pending Novations for V‐Plan Upgrades

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V‐PLAN MAP

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Summary of the Pending Novations

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Present Value of Sum of Total ATRRs for the Life of Six V‐Plan SegmentsSegment #1: 1/2 of Spearville to Comanche, SUNC to ITC

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*Construction by Sunflower and MKEC under these circumstances is apparently unfeasible. This hypothetical case is provided for comparison purposes only.

Segment #2: Second ½ of Spearville to Comanche, MKEC to ITC

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*Construction by Sunflower and MKEC under these circumstances is apparently unfeasible. This hypothetical case is provided for comparison purposes only.

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Segment #3: Comanche to Medicine Lodge, MKEC to ITC 

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*Construction by Sunflower and MKEC under these circumstances is apparently unfeasible. This hypothetical case is provided for comparison purposes only.

Segment #4: ½ of Medicine Lodge to Wichita: MKEC to Prairie Wind

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*Construction by Sunflower and MKEC under these circumstances is apparently unfeasible. This hypothetical case is provided for comparison purposes only.

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Segment #5: Second ½ of Medicine Lodge to Wichita, WERE to Prairie Wind

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Segment #6: Medicine Lodge to KS/OK Boarder Towards Woodward, MKEC to Prairie Wind 

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*Construction by Sunflower and MKEC under these circumstances is apparently unfeasible. This hypothetical case is provided for comparison purposes only.

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Summary of the ATRR Information

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CWIP v. AFUDC Break Even

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Additional Documentation Provided

• Addendum/Background Information has beenAddendum/Background Information has been compiled and made  available.

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Paul Suskie, JD

Senior Vice President, Regulatory Policy and General Counsel

psuskie@spp.org

501‐688‐2535

Dan Jones, PE

Lead Regulatory Policy Engineer

djones@spp.org

501 688 1717

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501‐688‐1717

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REMOVE AND ATTACH with Documents

Additional Documentation

• “Staff Report Recommendation to the Board of Directors, Jan. 25, 2011, 4 Proposed Novation Agreements”

• Novation Information Templates: ITC Great Plains, Prairie Wind, and Westar, Mid‐Kansas Electric Co‐Operative and Sunflower Electric Co‐Operative

• ITC Overview with Proposed Novations, Pertinent Regulatory Matters, and Assignments to be Executed

• SUNC Letter of Acceptance NTC 20101

• MKEC Letter of Acceptance NTC 20102

• FERC Letter Dated Feb. 3 , 2010 re. Docket No. ER09‐548‐000 on ITC Great Plains, LLC, ,

• Prairie Wind letter in support of Novations of NTCs‐20102, 20103, and 20120

• Westar Letter Dated Feb. 4, 2011 “Rationale for Westar’s Designation of Prairie Wind to Construct”

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REMOVE AND ATTACH with Documents

Additional Documentation, cont.

• MKEC and SUNC Letter Dated Feb. 10, 2011 re. Rationale for MKEC and SUNC Designation of ITC Great Plains to Construct

• Quanta Technology’s Letter Dated Jan. 3, 2011 re. “Prairie Wind Transmission, LLC DueQuanta Technology s Letter Dated Jan. 3, 2011 re.  Prairie Wind Transmission, LLC Due Diligence Review” of their technical capability

• Quanta Technology’s Letter Dated 2009 re. “ITC Great Plains Due Diligence Review” of their technical capability 

• Parental Performance Guaranty of Prairie Wind by Westar, AEP, and MidAmerican Energy Holdings with credit ratings of the guarantors

• Parental Performance Guaranty of ITC Great Plains with credit ratings of the guarantor 

• Quanta Letter dated Dec. 1, 2010 re. “Evidence of Ability to Obtain Investment Grade Rating” of Prairie Wind

• Three Kansas Corporation Commission Letters re. ITC and Prairie Wind, dated Feb. 3, 2011, July 29, 2010 and Oct. 5, 2010 respectively

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