KNIGHTSTOWN MUNICIPAL ELECTRIC UTILITY 26 SOUTH …knightstown municipal electric utility 26 south...

KNIGHTSTOWN MUNICIPAL ELECTRIC UTILITY26 SOUTH WASHINGTON STREETKNIGHTSTOWN, INDIANA 46148

Telephone 765-345-5977 Fax 765-345-2212

Date: February 14, 2014

Brenda A. Howe Secretary of the CommissionIndiana Utility Regulatory Commission 101 West Washington St., Suite 1500 E Indianapolis, IN 46204

RE: Knightstown Municipal Electric Utility 30 Day Filing Pursuant to 170 IAC 1-6-1 et seq.Dear Ms. Howe:

Pursuant to 170 IAC 1-6-5, please find enclosed the following 30 Day Filing by Knightstown Municipal Electric Utility for the 2nd quarter tracker filing for 2014. The tariff sheets and work papers are attached. The purpose of this filing is to secure authorization for an approval of the change in the fuel cost adjustment charges. This filing is necessary because of an increase or (decrease) for electricity purchased from our power supplier. The filing is allowed under 170 IAC 1-6-3 for the following reasons: authorizing such increase or (decrease) to be effective on all customer bills rendered by Applicant for electricity subsequent to the date of the Commission’s approval.

The person at Knightstown Municipal Electric Utility to be contacted regarding this filing is: Betsy Wilkerson, Office Manager; telephone 765-345-5977; 26 South Washington Street, Knightstown, Indiana 46148. E-mail address is [email protected].

Affected customers have been notified as required under 170 IAC 1-6-6. Notice was published in The Knightstown Banner which has a general circulation encompassing the highest number of affected customers on February 5, 2014. Notice has been posted in a public place in the Knightstown Municipal Electric Utility Customer Service Office. A copy of the publication and public notice is attached.

I verify that the notice has been provided as stated in this letter and that this letter and the attached documents are true and accurate to the best of my knowledge, information, and belief.

Sincerely,

Betsy Wilkerson, Office ManagerTown of Knightstown, Knightstown Utilities

Received On: February 14, 2014IURC 30-DAY Filing No.: 3221Indiana Ut i l i t y Regulatory Commission

LEGAL NOTICE

The Knightstown Electric Utility has calculated an energy tracking factor to implement a change in the rates for electric service charged by its supplier the Indiana Municipal Power Agency.

This tracker will be effective for all energy consumed during the billing period.

Billing Period: April-2014 May-2014 June-2014Tracker $Kwh $0.041374 $0.041374 $0.041374

For questions or objections, you may contact the Indiana Utility Regulatory commission (IURC) at PNC Center, 101 W. Washington St., Suite 1500 E., Indianapolis, In. 46204-3407 or call toll free 1-800-851-4268; Voice/Too: 317-232-2701 or www.in.gov/iurc. You may also contact the Office of Utility Consumer Counselor (OUCC) at PNC Center, 115 W. Washington St., Suite 1500 South, Indianapolis, In. 46204-3407 or call 1-888-441-2494; Voice/Too: 1-317-232-2494 or www.in.gov/oucc.


February 5, 2014 The Banner Page 5

BITS & PIECESm 6-8 p.m.he public is

High Schoolagain offer-arships tolarships areare avail-

nce Office,w.cabeard.-s are for. The dead-

hich shouldS Guidance

21, at 3:30

Unitedhost theirdinner on-7 p.m. Ae accepted.nightstownh is located

Americanrganizationay of eachnightstown152. DAVrris Cole

Afghanistany can learnts. mmunity isve on Feb.od Centeron site to1 a.m. atMethodist

rocess willnors shouldntification.heduled at

meetWednesday, Feb. 26, at 2:30p.m. in the Henry CountyCourthouse circuit courtroom onthe second floor. The Henry CountyCommissioners may attend thismeeting.

�Residents of Indiana can ringin the New Year with 10 free flow-ering trees by joining the ArborDay Foundation any time duringJanuary 2014. By becoming a partof the nonprofit Arbor DayFoundation, new members willreceive two Sargent crabapple,three American redbuds, twoWashington hawthorns, three whiteflowering dogwoods. The trees willbe shipped postpaid at the righttime for planting, betweenFebruary 1 and May 31, withenclosed planting instructions. The6- to 12-inch tall trees are guaran-teed to grow or they will bereplaced free of charge. Indianaresidents can join online at arbor-day.org/january.

�The Knightstown PublicLibrary now has a drive-up dropbox patrons can use to return bor-rowed materials. Purchased withproceeds from a $2,000 grant fromthe Henry County CommunityFoundation, the box is located inthe alley behind the library.

�Alcoholics Anonymousmeets weekly, on Tuesdays, at 7:30p.m. at the Hoosier Gym (enter onEast side). Meetings will continueeach Tuesday at the same time andlocation. For more information, call765-313-1637.

�Historic Knightstown, Inc.,recently announced new winter

Weather & Traffic Updates, School Delays, etc.Please Like The Banner on Facebook!

Williams & Swedarsky, [email protected] Knightstown Attorneys

Bethany Williams

147 S. Jefferson St., Knightstown, Ind.

Phone - 317-5501-99940

FEATURING� Wednesday Lunch Buffet

11 a.m. 2 p.m.� Fabulous Smorgasbord

Friday and Saturday 4 9 p.m.� Sunday Smorgasbord Brunch

11 a.m. 3 p.m. (menu service available 3 8 p.m.)

For more information, please visitwww.willieandreds.com

765 489 4131 40 East Main Street, Hagerstown

�The Parish Clothes Closet,located in the basement of BethelPresbyterian Church, 112 S.Franklin St., Knightstown, is openby appointment only. Call 345-

5951 or 345-5930 to schedule time.If you have an item that fits into

Bits and Pieces, send it to [email protected].

LEGAL NOTICEThe Knightstown Electric Utility has calculated an energy tracking factor to implement a change in therates for electric service charged by its supplier the Indiana Municipal Power Agency.This tracker will be effective for all energy consumed during the billing period.Billing Period: April-2014 May-2014 June-2014Tracker $Kwh $0.041374 $0.041374 $0.041374

For questions or objections, you may contact the Indiana Utility Regulatory commission (IURC) atPNC Center, 101 W. Washington St., Suite 1500 E., Indianapolis, In. 46204-3407 or call toll free 1-800-851-4268; Voice/Too: 317-232-2701 or www.in.gov/iurc. You may also contact the Office ofUtility Consumer Counselor (OUCC) at PNC Center, 115 W. Washington St., Suite 1500 South,Indianapolis, In. 46204-3407 or call 1-888-441-2494; Voice/Too: 1-317-232-2494 or www.in.gov/oucc.

LEGAL NOTICE


KNIGHTSTOWN MUNICIPAL ELECTRIC UTILITY26 SOUTH WASHINGTON STREETKNIGHTSTOWN, INDIANA 46148

APPENDIX A

RATE ADJUSTMENT (Applicable to all metered rates)

The Rate Adjustment shall be on the basis of a Purchased Power Cost AdjustmentTracking Factor occasioned solely by changes in the cost of purchased power andenergy, in accordance with the order of the Indiana Utility Regulatory Commission, approved December 13, 1989 in Cause No. 36835-S3, as follows:

Rate Adjustments applicable to the below listed Rate Schedules are as follows:

Rate Code ECA Tracking Factor

ALL $0.041374

MONTH’S EFFECTIVE:

April - 2014 May - 2014 June - 2014


KNIGHTSTOWN MUNICIPAL ELECTRIC UTILITY

APPENDIX "A"

RATE ADJUSTMENT

Tracker:0.041374$ per kWh per month

Effective: 2nd Quarter 2014For Billing Periods: Apr-14, May-14,and Jun-14

The Knightstown Electric Utility has calculated an energy tracking factorto implement a change in the rates for electric service charged by itssupplier the Indiana Municipal Power Agency.

This tracker will be effective for all energy consumed during the billingperiod.

G:\ISC\Knightstown\Tracker\2014 Trackers\Knightstown Tracker 2nd Quarter 2014.xlsx1/29/2014

Appendix "A"


EXHIBIT I

KNIGHTSTOWN MUNICIPAL ELECTRIC UTILITYDETERMINATION OF THE RATE ADJUSTMENT

FOR THE PERIOD OF ESTIMATEDLINE 3 MONTHNO. Apr-14 May-14 Jun-14 TOTAL AVERAGE

(A) (B) (C) (D) (E)ESTIMATED PURCHASED POWER FROM IMPA

1 DEMAND (kW) 3,406 4,225 4,974 12,605 4,2022 ENERGY (kWh) 1,777,646 1,793,679 2,104,313 5,675,638 1,891,879

3 ESTIMATED SALES (kWh) (a) 1,611,436 1,625,970 1,907,559 5,144,965 1,714,988

ESTIMATED TOTAL RATE ADJUSTMENT4 DEMAND (b) $30,282.75 $37,564.48 $44,223.83 $112,071.06 $37,357.025 ENERGY (c) $25,994.52 $26,228.97 $30,771.37 $82,994.85 $27,664.956 TOTAL $56,277.26 $63,793.44 $74,995.20 $195,065.91 $65,021.97

VARIANCE7 VARIANCE IN RECONCILIATION PERIOD (d) $4,940.31

8 TOTAL ESTIMATED INCREMENTAL PURCHASED POWER COST (e) $69,962.28

9 TOTAL ESTIMATED INCREMENTAL PURCHASED POWER COST PER kWh (f) $0.040795

10 TOTAL ESTIMATED INCREMENTAL PURCHASED POWER COST PER KWH ADJUSTED FOR I.G.I.T. (g) $0.041374

11 TOTAL TRACKING FACTOR (h) $0.041374

-----------(a) Line 2 times (1 - current line loss factor) (See Exhibit V)

(b) Line 1 times Exhibit II, Line 5, Column A.

(c) Line 2 times Exhibit II, Line 5, Column B.

(d) Exhibit III, Line 7, Column E.

(e) Line 6 plus Line 7

(f) Line 8 divided by Line 3

(g) Line 9 divided by the Indiana Gross Income Tax Factor of 0.9860

(h) Line 10

DESCRIPTION


Exhibit I


EXHIBIT II

KNIGHTSTOWN MUNICIPAL ELECTRIC UTILITYDETERMINATION OF THE RATE ADJUSTMENT

For the 2nd Quarter 2014

LINENO. DESCRIPTION DEMAND ENERGY

(A) (B)INCREMENTAL CHANGE IN BASE RATES

1 CURRENT RATE EFFECTIVE 1-Jan-14 (a) $21.564 $0.0295512 BASE RATE EFFECTIVE 1-Jul-05 (b) $12.210 $0.0171923 INCREMENTAL CHANGE IN BASE RATES (c) $9.354 $0.012359

ENERGY COST ADJUSTMENT4 ECA Effective with Current Rates (0.463)$ 0.002264$ 5 ECA Effective in Base Rates -$ -$ 6 ESTIMATED ENERGY COST ADJUSTMENT ($0.463) $0.002264

7 ESTIMATED TOTAL RATE ADJUSTMENT (d) $8.891 $0.014623

----------(a) IMPA rate, including voltage adjustment, effective for the period covered by this filing.(b) Base purchased power rate effective either at the time of the member's last rate case was filed or

when the member initiated service from IMPA, whichever is more recent.(c) Line 1 minus Line 2(d) Line 3 plus Line 4


Exhibit II


EXHIBIT III

KNIGHTSTOWN MUNICIPAL ELECTRIC UTILITYDETERMINATION OF VARIANCE

FOR THE HISTORICAL PERIOD OFLINE 3 MONTHNO. DESCRIPTION Oct-13 Nov-13 Dec-13 TOTAL AVERAGE

(A) (B) (C) (D) (E)

1 TOTAL SALES SUBJECT TO RATE ADJ. (a) 1,556,765 1,649,029 2,114,535 5,320,329 1,773,443

2 INCREMENTAL COST BILLED BY IMPA (b) $50,118.07 $58,551.58 $69,605.80 $178,275.45 $59,425.15

3 INCREMENTAL COST BILLED BY MEMBER (c) $48,868.84 $51,765.13 $66,377.95 $167,011.92 $55,670.64

4 INC COST BILLED EXCLUDING I.G.I.T. (d) $48,184.68 $51,040.41 $65,448.66 $164,673.75 $54,891.25

5 PREVIOUS VARIANCE (e) ($91,968.91) $50,133.21 $43,054.93 $1,219.23 $406.41

6 NET COST BILLED BY MEMBER (f) $140,153.59 $907.20 $22,393.73 $163,454.52 $54,484.84

7 PURCHASED POWER VARIANCE (g) ($90,035.52) $57,644.37 $47,212.08 $14,820.93 $4,940.31

----------(a) Exhibit IV, Line 3(b) Exhibit IV, Line 14(c) Line 1 times factor used in historical month $0.031391 $0.031391 $0.031391(d) Line 3 times the Indiana Gross Income Tax Factor of: 0.9860(e) Purchased Power Variance (Exhibit III, Line 7) from the analysis for the tracker during the historical period.(f) Line 4 minus Line 5(g) Line 2 minus Line 6


Exhibit III


EXHIBIT IVKNIGHTSTOWN MUNICIPAL ELECTRIC UTILITY

DETERMINATION OF VARIANCE

Based on the Historical Period ofLINE 3 MONTHNO. DESCRIPTION Oct-13 Nov-13 Dec-13 TOTAL AVERAGE

(A) (B) (C) (D) (E)UNITS PURCHASED FROM IMPA

1 DEMAND (kW) 3,157 3,690 4,345 11,192 3,7312 ENERGY (kWh) 1,770,590 2,067,657 2,478,692 6,316,939 2,105,646

TOTAL SALES BILLED BY MEMBER3 TOTAL SALES SUBJECT TO RATE ADJ 1,556,765 1,649,029 2,114,535 5,320,329 1,773,4434 TOTAL SALES NOT SUBJECT TO RATE ADJ 0 0 0 0 05 TOTAL SALES BILLED BY MEMBER 1,556,765 1,649,029 2,114,535 5,320,329 1,773,443

INCREMENTAL CHANGE IN BASE RATES6 DEMAND CHARGE PER kW (a) $7.804 $7.804 $7.804 (a) Exhibit II, Line 3, Column A, for Historical Perio

7 ENERGY CHARGE PER kWh (b) $0.012743 $0.012743 $0.012743 (b) Exhibit II, Line 3, Column B for Historical Period

ACTUAL ENERGY COST ADJUSTMENT BILLED BY IMPA8 DEMAND CHARGE PER kW (c) ($0.351) ($0.351) ($0.351) (c) IMPA bills for the Historical Period

9 ENERGY CHARGE PER kWh (c) $0.002274 $0.002274 $0.002274

TRACKING FACTOR IN EFFECT PRIOR TO IMPA10 TRACKING FACTOR PER kWh IN EFFECT PRIOR

TO SERVICE FROM IMPA (d) $0.000000 $0.000000 $0.000000 (d) Tracking Factor effective prior to IMPA

multiplied by the line loss and tax factors from

footnotes (a) and (g) from Exhibit 1 of the

TOTAL RATE ADJUSTMENT previous tracking filing.

11 DEMAND - PER kW (e) $7.453 $7.453 $7.453 (e) Line 6 plus Line 8

12 ENERGY - PER kWh (f) $0.015017 $0.015017 $0.015017 (f) Line 7 plus Line 9 plus Line 10

(g) Line 11 times Line 1 plus Line 12 times Line 2

(h) (Line 3 divided by Line 5) times Line 13

13 TOTAL INCREMENTAL PURCHASED POWERCOST BILLED BY IMPA (g) $50,118.07 $58,551.58 $69,605.80 $178,275.45 $59,425.15

14 TOTAL INCREMENTAL PURCHASED POWERCOST SUBJECT TO RATE ADJUSTMENT (h) $50,118.07 $58,551.58 $69,605.80 $178,275.45 $59,425.15


Exhibit IV


��

��

�� !��"��# �� !�� $ %��

&'��(��# �)*+�)+,� �)�-�)�,� �).+-)/-/ �)+-,)�*- �)/..),�* �)�/+)**- �).0/)00+ �)$,/)�/$ �)0++)�+. �)0*$)$�� ),�,)�.� �)�0+)*+/ �-)$,/)-0*

&'��# �),0$)0�* �)��*)�,0 �)0..)-�� )+$0)�,� �)+/0)$0� �)-/�),�� )*,.)�+/ �)--�)0-$ �),�$)�$/ �)-,�)0.* �)+�0)0$� �)0�*)$+- ��).*,).+/&'��# ,��&'��#�� ),0$)0�* �)��*)�,0 �)0..)-�� )+$0)�,� �)+/0)$0� �)-/�),�� )*,.)�+/ �)--�)0-$ �),�$)�$/ �)-,�)0.* �)+�0)0$� �)0�*)$+- ��).*,).+/

1��#��&'� $..)..0 �+$),,+ 00)*$. ��)/*$ �/,)+-$ +,-)*$$ *0�)+,0 ��*$)*+, ��-+)/0� �*,)-�. $/�)-*/ --�)�,* �)*+.)0,-

2��2�� -30/4 ��3/$4 *3�-4 ,30.4 �*3+�4 �03-+4 �+3$.4 ��,3-*4 ��*3--4 �$3.,4 �/3*$4 �*3�-4 /30-45��2� /3004 �,3,$4 /3/,4 �,3$$4 /3*,4 ��3�/4 /3�,4 /3*+4 /3�/4 .3/,4 /3�,4 /30-4

�� $ ��$ ��$ � ��$ ��$ ��$ ��$ ��$ �� $ ��$ �� $ !��$��"��# ��$ ��$ � ��$ ��$ ��$ ��$ ��$ �� $ ��$ �� $ !��$ ��* %��

&'��(��# �)-,�)*,� �)�$�)$0. �)�-�).�� )0��)$$0 �)0/$),*. �)//$).0, �)�*/)�0. �)�0,)0+� �).0.)/++ �)00,)-/, �),+0)+-0 �)*0.)+/� �-)�,�)+/,

&'��# �)$$-)$0* �)�,�)-�$ �)�$�)//* �)00�),+. �)+,�),00 �)+-�)//� �)/+�)*-/ �),�,)+$/ �)/-0).0- �)--+)0+- �)+*/),�/ �)��*)-$- ��).*-)$�/&'��# ,��&'��#�� )$$-)$0* �)�,�)-�$ �)�$�)//* �)00�),+. �)+,�),00 �)+-�)//� �)/+�)*-/ �),�,)+$/ �)/-0).0- �)--+)0+- �)+*/),�/ �)��*)-$- ��).*-)$�/

1��#��&'� �++),�0 ��/).-- ��,).�0 �-/)0$� �/�)/0� $*�).0/ �.0)0�/ �+,)��$ �0.)/,/ ��$).�- *�.)+�. $+*)�-0 �)$-+)$+�

2��2�� +3+*4 -3.�4 -3$+4 �$3*/4 �,30�4 �03�-4 ��30/4 ��3*+4 �*3�,4 ��3,.4 �,3�-4 �*3+/4 /3$-45��2� .3.+4 /3-/4 /3+�4 /3$�4 /3,,4 .3,$4 03-,4 /3-*4 �,3��4 �,3,/4 �,3�.4 /3$-4


Exhibit V


! "#$��!%&�'

� (� " �� #" ��) *� �!+�*&#"� "��)!�,��'�-.!

6�� 7��#� ��# � ��* ��* ��*

8�� #�� $ �� $ !��$

�'��(#� +��-. "��&"/�#' +�0"-(�� 9��#: ,�;�*;�*

&' &'�� * ��* ��* � ��* ��* ��*

$)*,+ *)��- *)/0* �)000)+*+ �)0/$)+0/ �)�,*)$�$

6�(��!��#�9��<;&' 6�(��9��9��<;&'�=<,3*+$> =<,3*+$> =<,3*+$> <,3,,��+* <,3,,��+* <,3,,��+*

��#� ��00 /��1 �0-"�� "�-+ 9��#: �,;$�;�*9�� ,�;,�;�*

!��# 9��<;&' <;&'�

"��(��#�� ,3,$/ ,3,�/--�"��%�� ,3,,, ,3,,,,,,!�� ?�� 3-�-

%�� 3-+* ,3,�/--�

��! ",23��4'�"#� � 00 /��1 �0-"�� 5��% "�-+ 9��#: ��;�0;,+ Note: These are the PSI rates included in

9�� 0;�;�,,- Knightstown's last rate case. Cause No.

!��# 9�� 42933-U Order May 4, 2006. October 12,

<;&' <;&'� 2005 filing for actual rates.

"��(��#�� /3�., ,3,�0�/�"��%�� 3/0, ,3,,,,,,!�� ?�� 3,+,9� ,3,,, ,3,,,,,,

%�� 3��, ,3,�0�/�


General Inputs


! "#$��!%&�'

� (� " �� #" ��) *� �!+�*&#"� "��)!�,��'�-.!

6#�#�0"-(��4'�5�$$' 9��#: ,�;�*;�*

�� $ �� $ !��$!��#�=&'> $)�-0 $)+/, *)$*-9��=&'�> �)00,)-/, �),+0)+-0 �)*0.)+/�

6��5��*��@��,�$�=9A��66)�2��$>!��# 03.,*<�� 03.,*<�� 03.,*<��9�� ,3,��0*$<�� ,3,��0*$<�� ,3,��0*$<��

9��#7��=9�>��*��@��,�$�=9A��66)�2��*>��!��#�=<;&'> =<,3$-�> =<,3$-�> =<,3$-�>��9��=<;&'�> <,3,,��0* <,3,,��0* <,3,,��0*

� %#"#��-!�-0�7��&�8 /��-��"#/7 " 9��#: ,�;�*;�*��"��#��9A��?

�� $ �� $ !��$9��7��&�� )--+)0+-�� )+*/),�/�� )��*)-$-�� 9��1��#�9��9��7��&�� /3$-4%�� )--+)0+- �)+*/),�/ �)��*)-$-

��2��2�� 3,.4 �,3�-4 �*3+/4

�"#/7 "��%%$� +��-�� #�$�5�$$'��!��'��'�-"�/#$�� "�-+ 9��#: ,�;�*;�* ��#7��<,3,,,,,, ;&'�

*��@��,�$ ��$ �� $ !��$<;&'� ,3,$�$/� ,3,$�$/� ,3,$�$/�

��@��,�* ��* ��* ��*<;&'� ,3,$$/-0 ,3,$$/-0 ,3,$$/-0

�&"/�#' +��-. "�#"�#!/ 9��#: �;�*;�,�*��9A��666)�2��0�� $ �� $ !��$��&��3 =</�)/+.3/�> <-,)�$$3�� <*$),-*3/$

�!+�#!#� "-''��!/-( ��#��#/�-"

%�A�5�� 3*,4%�A�� ,3/.+,


General Inputs


KNIGHTSTOWN MUNICIPAL ELECTRIC UTILITYMonthly Bill Comparisons

Residential Customers -- 1st Quarter 2014 Tracker Vs. 2nd Quarter 2014 Tracker

Bill with 2nd Quarter 2014 Tracker Over

kWh KnightstownResidential Bills (Under) Bill with 1st Quarter 2014 Tracker

Usage 1st Quarter 2014 2nd Quarter 2014 $ Change % Change

300 $32.91 $35.14 $2.23 6.8%

500 $51.78 $55.49 $3.71 7.2%

750 $75.37 $80.94 $5.56 7.4%

1,000 $98.96 $106.38 $7.42 7.5%

1,500 $141.84 $152.97 $11.13 7.8%

2,000 $184.72 $199.55 $14.83 8.0%

3,000 $270.48 $292.73 $22.25 8.2%

4,000 $356.23 $385.90 $29.67 8.3%

KnightstownResidential Rates

1st Quarter 2014 2nd Quarter 2014

Energy Charge First 30 kWh or less used per month 3.97$ 3.97$

Energy Charge Next 170 kWh, $/kWh/Month 0.074800$ 0.074800$


Energy Charge Over 1,000 kWh, $/kWh/Month 0.051800$ 0.051800$

Energy Tracker 0.033957$ 0.041374$

Commercial & Municipal Customers -- 1st Quarter 2014 Tracker Vs. 2nd Quarter 2014 Tracker


kWh Commercial & Municipal Bills (Under) Bill with 1st Quarter 2014 Tracker

Usage 1st Quarter 2014 2nd Quarter 2014 $ Change % Change

1,000 $115.57 $122.99 $7.42 6.4%

2,500 $263.71 $282.25 $18.54 7.0%

5,000 $499.60 $536.68 $37.08 7.4%

7,500 $713.99 $769.62 $55.63 7.8%

10,000 $928.38 $1,002.55 $74.17 8.0%

20,000 $1,785.95 $1,934.29 $148.34 8.3%

30,000 $2,643.52 $2,866.03 $222.51 8.4%

40,000 $3,501.09 $3,797.77 $296.67 8.5%

Commercial & Municipal Rates


Energy Charge First 30 kWh or less, $/kWh/Month 3.97$ 3.97$


Energy Charge Next 1,000 kWh, $/kWh/Month 0.073600$ 0.073600$

Energy Charge Next 3,500 kWh, $/kWh/Month 0.060400$ 0.060400$

Energy Charge Over 5,000 kWh, $/kWh/Month 0.051800$ 0.051800$

Energy Tracker 0.033957$ 0.041374$


Comparisons


General Service Customers -- 1st Quarter 2014 Tracker Vs. 2nd Quarter 2014 Tracker


kW* kWh General Service Bills (Under) Bill with 1st Quarter 2014 Tracker

Usage Usage 1st Quarter 2014 2nd Quarter 2014 $ Change % Change

27.00 10,000 $971.37 $1,045.54 $74.17 7.6%

41.00 15,000 $1,458.26 $1,569.51 $111.25 7.6%

68.00 25,000 $2,429.63 $2,615.05 $185.42 7.6%

82.00 30,000 $2,916.51 $3,139.02 $222.51 7.6%

137.00 50,000 $4,861.65 $5,232.49 $370.84 7.6%

205.00 75,000 $7,291.28 $7,847.54 $556.26 7.6%

274.00 100,000 $9,723.30 $10,464.98 $741.68 7.6%

753.00 275,000 $26,737.88 $28,777.51 $2,039.63 7.6%

General Service Rates


Demand Charge, $/kW 2.40$ 2.40$

Energy Charge, $/kWh/Month 0.056700$ 0.056700$

Energy Tracker 0.033957$ 0.041374$

* Assumes a 50% Load Factor


Comparisons


APR MAY JUN APR MAY JUN

IMPA's Energy Cost Adjustment (0.463) (0.463) (0.463) 0.002264 0.002264 0.002264

To develop these Energy Cost Adjustment factors, IMPA used the following estimated loads for kW kWhKNIGHTSTOWN 3,406 4,225 4,974 1,777,646 1,793,679 2,104,313

INDIANA MUNICIPAL POWER AGENCYECA ESTIMATES FOR APRIL, MAY and JUNE

2014 - 2ND QUARTER

$/kW-month $/kWh

12/19/2013


Knightstown Electric Utility Due Date: Amount Due:26 S. Washington Street 12/16/13 $119,808.65Knightstown, IN 46148

Invoice No: INV0002716

Billing Period: October 01 to October 31, 2013 Invoice Date: 11/14/13Demand kW kvar Power Factor Date Time (EST) Load Factor

Maximum Demand: 3,412 840 97.10% 10/24/13 1900 69.75%CP Billing Demand: 3,157 1,200 93.48% 10/04/13 1500 75.38%kvar at 97% PF: 791 Reactive Demand: 409

Energy kWh History Oct 2013 Oct 2012 2013 YTDDuke Interconnections: 1,770,590 Max Demand (kW): 3,412 3,402 5,887

CP Demand (kW): 3,157 3,254 5,805 Energy (kWh): 1,770,590 1,743,312 20,655,341 CP Load Factor: 75.38% 72.01%HDD/CDD (Indianapolis): 346/31 377/4

Total Energy: 1,770,590

Purchased Power Charges Rate Units ChargeBase Demand Charge: 18.572$ / kW x 3,157 58,631.80$ ECA Demand Charge: (0.351)$ / kW x 3,157 (1,108.11)$

Delivery Voltage Charge - Less than 34.5 kV: 1.442$ / kW x 3,157 4,552.39$ Reactive Demand Charge: 1.200$ / kvar x 409 490.80$

Total Demand Charges: 62,566.88$

Base Energy Charge: 0.029935$ / kWh x 1,770,590 53,002.61$ ECA Energy Charge: 0.002274$ / kWh x 1,770,590 4,026.32$

Total Energy Charges: 57,028.93$

Average Purchased Power Cost: 6.76 cents per kWh TOTAL PURCHASED POWER CHARGES: 119,595.81$

Other Charges and CreditsEnergy Efficiency Fund - 14,220 kWh Saved: 212.84$

NET AMOUNT DUE: 119,808.65$

To avoid a late payment charge, as provided for in Schedule B, payment in full must be received by: 12/16/13Questions, please call: 317-573-9955

Send payments to: Indiana Municipal Power AgencyP.O. Box 660363, Indianapolis, IN 46266

Received On: February 14, 2014IURC 30IUURC 30-DAY Filing No.:DAY Filing No.: 32213221InInndiana Ut i l i ty Regulatory Commission



Billing Period: November 01 to November 30, 2013 Invoice Date: 12/16/13Demand kW kvar Power Factor Date Time (EST) Load Factor

Maximum Demand: 4,083 951 97.39% 11/25/13 1800 70.33%CP Billing Demand: 3,690 880 97.27% 11/27/13 1100 77.83%kvar at 97% PF: 925 Reactive Demand: -

Energy kWh History Nov 2013 Nov 2012 2013 YTDDuke Interconnections: 2,067,657 Max Demand (kW): 4,083 3,748 5,887




Delivery Voltage Charge - Less than 34.5 kV: 1.442$ / kW x 3,690 5,320.98$









Received On: February 14, 2014IURC 30-DAY Filing No.: 3221Indiana Ut i l i ty Regulatory CommissionIndidiiana anan Ut il i ty Regulatory Commission



Billing Period: December 01 to December 31, 2013 Invoice Date: 01/14/14Demand kW kvar Power Factor Date Time (EST) Load Factor

Maximum Demand: 4,499 1,036 97.45% 12/12/13 1900 74.05%CP Billing Demand: 4,345 958 97.65% 12/12/13 900 76.68%kvar at 97% PF: 1,089 Reactive Demand: -

Energy kWh History Dec 2013 Dec 2012 2013 YTDDuke Interconnections: 2,478,692 Max Demand (kW): 4,499 4,104 5,887




Delivery Voltage Charge - Less than 34.5 kV: 1.442$ / kW x 4,345 6,265.49$









Received On: February 14, 2014IURC 30IUURC 30-DAY Filing No.:DAY Filing No.: 32213221InInndiana Ut i l i ty Regulatory Commission

eived On: February 14Rece , 2014C 30IURC -DAY Filing No.: 3221

na Ut i l i ty Regulatory CommissionIndiI a

eived On: February 14Rece , 2014C 30IURC -DAY Filing No.: 3221

na Ut i l i ty Regulatory CommissionIndia

EXHIBIT II

LINENO. DESCRIPTION DEMAND ENERGY

(A) (B)

INCREMENTAL CHANGE IN BASE RATES1 BASE RATE EFFECTIVE FOR 2013 (a) $20.014 $0.0299352 BASE RATE EFFECTIVE Jul-05 (b) $12.210 $0.0171923 INCREMENTAL CHANGE IN BASE RATES (c) $7.804 $0.012743

ENERGY COST ADJUSTMENT4 ESTIMATED ENERGY COST ADJUSTMENT ($0.351) $0.002274

5 ESTIMATED TOTAL RATE ADJUSTMENT (d) $7.453 $0.015017

----------(a) IMPA rate, including voltage adjustment, effective for the period covered by this filing.

(b) Base purchased power rate effective either at the time of the member's last rate case was filed or

when the member initiated service from IMPA, whichever is more recent.

(c) Line 1 minus Line 2

(d) Line 3 plus Line 4

DETERMINATION OF THE RATE ADJUSTMENTKNIGHTSTOWN MUNICIPAL ELECTRIC UTILITY

IMPA Tracker Form - Knightstown (Qtr 4 2013).xlsm1/24/2014

Exhibit IIPage 1


The Knightstown Electric Utility has calculated an energy trackingfactor to implement a change in the rates for electric servicecharged by its supplier the Indiana Municipal Power Agency.

This tracker will be effective for all energy consumed during the billing period.

Billing Period: Oct-13 Nov-13 Dec-13Tracker $/kWh $0.031391 $0.031391 $0.031391

LEGAL NOTICE


EXHIBIT III

LINE 3 MONTHNO. DESCRIPTION Apr-13 May-13 Jun-13 TOTAL AVERAGE

_ ____________________________ ____________ ____________ ____________ _____________ _____________(A) (B) (C) (D) (E)

1 TOTAL SALES SUBJECT TO RATE ADJ. (a) 1,772,068 1,601,077 1,651,991 5,025,136 1,675,045

2 INCREMENTAL COST BILLED BY IMPA (b) $45,692.45 $55,115.34 $62,541.42 $163,349.21 $54,449.74

3 INCREMENTAL COST BILLED BY MEMBER (c) $62,054.28 $56,066.52 $57,849.42 $175,970.22 $58,656.74

4 INC COST BILLED EXCLUDING IURT (d) $61,185.52 $55,281.59 $57,039.53 $173,506.64 $57,835.55

5 PREVIOUS VARIANCE (e) ($76,475.84) $50,299.45 $37,553.04 $11,376.66 $3,792.22

6 NET COST BILLED BY MEMBER (f) $137,661.36 $4,982.13 $19,486.49 $162,129.98 $54,043.33

7 PURCHASED POWER VARIANCE (g) ($91,968.91) $50,133.21 $43,054.93 $1,219.23 $406.41

----------(a) Exhibit IV, Line 3(b) Exhibit IV, Line 14(c) Line 1 times factor used in historical month $0.035018 $0.035018 $0.035018(d) Line 3 times the Indiana Utility Receipts Tax Factor of 0.9860(e) Purchased Power Variance (Exhibit III, Line 7) from the analysis for the tracker during the historical period.(f) Line 4 minus Line 5(g) Line 2 minus Line 6

KNIGHTSTOWN MUNICIPAL ELECTRIC UTILITY DETERMINATION OF VARIANCE

Historical Period

IMPA Tracker Form - Knightstown (Qtr 4 2013).xlsm1/24/2014

Exhibit IIIPage 1


KNIGHTSTOWN MUNICIPAL ELECTRIC UTILITY 26 SOUTH …knightstown municipal electric utility 26 south...

Documents

Transcript of KNIGHTSTOWN MUNICIPAL ELECTRIC UTILITY 26 SOUTH …knightstown municipal electric utility 26 south...