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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 165. Corporation Commission |
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Chapter 35. Electric Utility Rules |
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Subchapter 39. Minimum Filing Requirements |
SECTION 165:35-39-2. Definitions and Acronyms
Latest version.
- 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.