Notice of Utility Tariff Filing
The REGULATORY COMMISSION OF ALASKA (Commission) gives notice that Golden Valley Electric Association (GVEA) filed TA339-13 and TA340-13. With TA339-13, GVEA requests the Commission acknowledge Amendment Number 4 to GVEA’s Amended Fuel Supply Agreement (Fourth Amendment) with Petro Star Inc. (Petro Star), effective October 15, 2020.
The Fourth Amendment is for a five-year period and sets forth the terms for the storage, supply, and transport of heating oil and diesel fuel for GVEA’s Frame 5 and 7 oil-fired generating units. The Fourth Amendment obligates Petro Star to supply 100 percent of the diesel and heating oil GVEA needs to operate its Frame 5 and Frame 7 units. Petro Star will provide delivery to GVEA’s North Pole units via a pipeline from its North Pole Refinery at no additional cost to GVEA.
GVEA and Petro Star have agreed to changes in pricing discounts for the various fuel oils to account for the reduced transportation fees and Petro Star’s capital costs for the pipeline. If, as a result of unforeseen circumstances, Petro Star is unable to meet all of GVEA’s fuel needs, GVEA may purchase fuel from a third-party supplier and recover from Petro Star the difference between the applicable Petro Star fuel price and the price of the replacement fuel, including all transportation costs. With TA339-13, GVEA filed a petition to classify the pricing provisions in the Fourth Amendment as confidential.
As part of the Fourth Amendment, GVEA and Petro Star have agreed to a fee structure for 30,000 barrels of monthly fuel oil storage. With TA340-13, GVEA proposes to add associated storage fees reflected in the Fourth Amendment as an element of its Cost of Power Adjustment surcharge calculation. The storage costs are fixed, flat rates for the five-year term of the Fourth Amendment.
This notice does not contain all requested revisions and the Commission may approve a rate or classification that varies from those proposed. You may obtain more information about this filing by contacting Daniel Heckman, Regulatory Specialist at GVEA, at P. O. Box 71249, Fairbanks, AK 99707; phone: (907) 452-1151. The complete filing is also available for inspection at the Commission's office, at 701 West 8th Avenue, Suite 300, Anchorage, AK 99501; phone: (907) 276-6222, or may be viewed at the Commission’s website at http://rca.alaska.gov by typing “TA339-13” or “TA340-13” in the Find a Matter search box.
To comment on this filing, please file your comments by 5:00 p.m., December 14, 2020, at either the Commission address given above or at its website:
https://rca.alaska.gov/RCAWeb/WhatsNew/PublicNoticesComments.aspx
Please reference TA339-13 and/or TA340-13 and include a statement that you have filed a copy of the comments with GVEA at its address given above. Individuals or groups of people with disabilities, who require special accommodations, auxiliary aids or service, or alternative communication formats, please contact Valerie Fletcher-Mitchell at (907) 276-6222, toll-free at 1-800-390-2782, or TTY/Alaska Relay: 7-1-1 or 1 (800) 770-3973, or send a request via electronic mail to rca.mail@alaska.gov by December 7, 2020.
DATED at Anchorage, Alaska, this 12th day of November, 2020.
REGULATORY COMMISSION OF ALASKA
Julie C. Vogler
Finance Section Manager