SCEG OATT Formula Transmission Rate Filing.pdf - SCANA ...
SCEG OATT Formula Transmission Rate Filing.pdf - SCANA ...
SCEG OATT Formula Transmission Rate Filing.pdf - SCANA ...
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20091231-0037 FERC PDF (Unofficia1) 12/29/2009<br />
Exhibit No. SCE-1 0<br />
Attachment H-2<br />
Page 12 of20<br />
South Carolina Electric & Gas Company (<strong>SCEG</strong>)<br />
Attachment 4 • 100 Basis Point Increase in ROE<br />
Net Plant New Investment Incenitive@<br />
100 Basis Points<br />
A<br />
Return and Taxes with New Investment ROE Incentive<br />
New Investment ROE Incentive and Income Taxes<br />
o<br />
B Net Plant New Investment Incenitive@10DBasisPoints 1.00%<br />
Return<br />
Calculation<br />
145 <strong>Rate</strong> Base (line 62 * 142) 0<br />
long Term Interest<br />
99 Long Term Interest p117.62e through 66c 0<br />
101 Long Term Interest (Line 99 -100) 0<br />
102 Preferred Dividends enter positive p118.29c 0<br />
Common Stock<br />
103 Proprietary Capital p112.16e 0<br />
10. Less Preferred Stock (Acct. 204) enter negative (Line 113) 0<br />
106 Less Account 216.1 enter negative E!112.12c 0<br />
107 Common Stock (Sum Lines 103 to 106) 0<br />
Capitalization<br />
108 Long Term Debt p112, 18c through 23c 0<br />
109 less Reacquired Debt enter negative p112.19c 0<br />
110 less Non-interest bearing debt enter negative Attachment 8 0<br />
112 Total long Term Debt (Sum Lines 108 to 111) 0<br />
113 Preferred Stock p112.3c 0<br />
114 Common Stock Line 107 0<br />
115 Total Capitalization (Sum Lines 112 to 114) 0<br />
116 Debt % Total long Term Debt (Line112/11S) 0%<br />
117 Preferred % Preferred Stock {Line 113/115) 0%<br />
118 Common % Common Stock (Line 114/115) 0%<br />
119 Debt Cost Total long Term Debt (Line 101/112) 0.0000<br />
120 Preferred Cost Preferred Stock (Line 102/113) 0,0000<br />
121 Common Cost (Note I) Common Stock Fixed plus 100 Basis pts 0.1230<br />
122 Weighted Cost of Debt Total long Term Debt (WCl TO) 0.0000<br />
123 Cost of Preferred Preferred Stock<br />
124<br />
125 <strong>Rate</strong><br />
126 Investment Return = <strong>Rate</strong> Base' <strong>Rate</strong> of Return Line 62 * 125 0<br />
Composite Income Taxes (Note H)<br />
127<br />
128<br />
129<br />
130<br />
131<br />
Income<br />
Tax <strong>Rate</strong>s<br />
FIT=Federallncome Tax <strong>Rate</strong><br />
SIT=State Income Tax <strong>Rate</strong> or Composite<br />
p = percent offederal income tax deductible for state purposes<br />
T<br />
T"'1 - {[(1 - SIT) • (1 - FIT)) I (1 - SIT * FIT * p»)=<br />
T/(1-T)<br />
0.00%<br />
0,00%<br />
0.00%<br />
0.00%<br />
0.00%<br />
132<br />
133<br />
134<br />
135<br />
ITC Adjustment<br />
Amortized Investment Tax Credit<br />
enter negative<br />
p266.8f<br />
o<br />
1/(1-T)<br />
1/(1 - Line 128)<br />
100.00%<br />
Net Plant Allocation Factor<br />
(Line 18)<br />
00000%<br />
ITC Adjustment Allocated to <strong>Transmission</strong> (Notel) (Line 132 * 133 *134) o<br />
136 Income Tax Component = CIT=(T/1-T) * Investment Return * (1-(WCl TD/R» = o<br />
137 Total Income Taxes o
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