June 23, 2009
Actual Update
For June 15, 2009 Posting
Formula Rate
Customer Meeting
ProtocolsProtocolsDefinitionsDefinitions
“Rate Year” is defined as January 1 through December 31
“True-Up” is completed on or before June 15 each calendar year. based on historical (actual) data (primarily Form 1 data from previous
year)
“Annual Update” recalculates the ATRR and Formula Rate for new Rate Year uses historical data collected during “True-Up” Phase adds in the projected data is calculated and posted on or before October 15 each calendar year.
ProtocolsProtocolsTimelineTimeline
********************************************************************************************* “Rate Year”: January 1 – December 31, 2010********************************************************************************************* “True Up” Update: June 15, 2009
“True Up” Customer Meeting: June 23, 2009 This date is kick off for Review Period
“True Up” Information Requests Period – 75 days: August 31, 2009
Issues - Westar Energy Response Date: Good faith effort to respond within 10 business days from date of information request.
Additional periods for data review resolutions, per Protocols posted on WR OASIS********************************************************************************************** “Annual Update”: October 15, 2009
“Annual Update” Customer Meeting: October 22, 2009
Potential Repost of Annual Update: November 30, 2009**********************************************************************************************
ProtocolsProtocolsOASIS Postings / Data RequestsOASIS Postings / Data Requests
OASIS Posting Requirements: Updated Calculation Protocols Accounting Manual and changes Data Request Submission Address
Submission of Data Requests to: Sheila GroppWestar Energy818 Kansas AvenueTopeka, KS [email protected]
Please provide all Data Requests in writing via email or letter.
Key Data LocationsKey Data Locations
FERC Form 1 Data - 2008:FERC.gov
(Westar Energy Form 1)
Formula Rate Postings:Westar Energy Oasis
http://sppoasis.spp.org/OASIS/WR or http://oatioasis.com
Accounting Data User ID: AFSReaderAccounting Data Password: AFSReader#1
Southwest Power Pool Oasishttp://sppoasis.spp.org/OASIS/SWPP
or http://oatioasis.com
Formula InputsFormula Inputs
Sheila Gropp
Formula InputsFormula InputsIndex of Template Pages Index of Template Pages
Tab ID Schedule/Worksheet Designation Description Date to be Posted
Actual Net Rev Req Schedule Actual Net Rev Req Actual net revenue requirements for most recent calendar year June 15
Gross Rev Req Schedule Actual Gross Rev Req Actual gross revenue requirements for most recent calendar year June 15
A-1 Revenue Credit Actual revenue credits June 15
A-2 Actual transmission load WE Revenues June 15
A-3 Actual Retail Adder WE Divisor June 15
A-4 Actual O&M Exclusions (WEN) WE Retail Adder June 15
A-5 Actual Accum Deferred Income Taxes (WEN) WEN O&M Exclusions June 15
A-6 Actual O&M Exclusions (WES) WEN ADIT June 15
A-7 Actual Accum Deferred Income Taxes (WEN) WES O&M Exclusions June 15
A-8 Actual Depreciation Rate Calculation WES ADIT June 15
A-9 Actual Base Plan Funded Projects Depreciation Adjustment June 15
A-10 Actual Wages and Salaries Plant Additions for Upcoming Year June 15
A-11 Actual Incentive Return on Incentive Plant Incentive Plant Additions June 15
A-12 Actual Economic Portfolio Funded Projects Base Plan Funded Additions June 15
TU True-up True-up Adjustment and Interest Calculation Oct 15
BPF BPF Summary Total Actual and Projected BPF projects Oct 15
EPP EPP Summary Total Actual and Projected EPP projects Oct 15
Projected Net Rev Req Projected Net Rev Requirement Projected net revenue requirements for next calendar year Oct 15
Projected Gross Rev Req Projected Gross Rev Req Projected gross revenue requirements for next calendar year Oct 15
P-1 Transmission Plant Projected transmission plant for next calendar year Oct 15
P-2 Exp. & Rev. Credits Projected expenses and revenue credits for next calendar year Oct 15
P-3 Trans. Network Load Projected transmission load for next calendar year Oct 15
P-4 BPF Projects Projected Base Plan Funded Projects Oct 15
P-5 Econ. Projects Projected Economic Portfolio Funded Projects Oct 15
Formula Components Formula Components - 2008- 2008
Annual UpdateAnnual Update
Data Included Historical 2008 financial data
Westar Energy Form 1Kansas Gas & Electric Form 1
FERC Approved Incentive Plant – Actual SPP Projects - Actual
Template References: Template Form 1 Reference format:
Page, Line, Column Worksheet Reference format:
Worksheet P-1 (with section if applicable) Yellow areas are change areas
References and Clarifications 1
Actual Gross Revenue Requirements
Entered as + due to line 20 formula
References and Clarifications: If you see any references that are not correct or if you have any suggestion, please let me know.
References and Clarifications 2
Base Plan Funded Projects Actual
A-9 – Actual BPF Plant
Gross Plant is the accumulation of plant placed in-service through the end of 2008.
$7,483,253 includes plant in-service from 2006-2008.
Accm. Deprec. is the total accumulated depreciation on these plant additions based on in-service dates.
References and Clarifications 3
Incentive Projects Actual Incentive Projects Projected
A-11 – Incentive Plant
P-1 – Projected Trans Plant
Incentive Section
Wrap UpWrap Up
Thank You!Thank You!