Nat Grid rates increased to cover pilot shortfall!

Posted: May 3, 2016 in Uncategorized
Tags: , ,
Guess who is paying for the cost overrun…. yup.. us!
The Company’s filing is designed to recover $14,791,900 in smart grid pilot program costs both incurred in 2015 and under-recovered from prior years. To recover these costs, the Company seeks approval of the following for effect May 1, 2016: (1) revised Smart Grid Customer Cost Adjustment Factors (“SGCCAF”) pursuant to its basic service tariff, M.D.P.U. No. 1250; and (2) revised Smart Grid Distribution Adjustment Factors (“SGDAF”) pursuant to its smart grid adjustment provision tariff, M.D.P.U. No. 1238. The Department docketed this matter as D.P.U. 16-28.
In this proceeding, the Company proposes to recover $8,954,786 in customer-facing pilot program costs from its basic service customers, which includes $6,781,437 in customer-facing pilot program costs incurred in 2015 plus an under-recovery of $2,173,348 in customer-facing costs from prior years (Exh. MHK-3, at 1). 2 To collect these customer-facing costs, the Company proposes following revised SGCCAFs for effect May 1, 2016: Table 1: Proposed SGCCAFs 3 Customer Group SGCCAFs ($/kWh) Residential/Streetlight $0.00120 Commercial $0.00118 Industrial $0.00155 In addition, the Company proposes to recover $5,837,114 in grid-facing pilot program costs from its distribution customers, which includes $5,744,486 in grid-facing pilot program 
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