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Portland General Electric Co-Short-term Transistion Adjustment

Portland General Electric Co-Short-term Transistion Adjustment

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02/05/2013

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Portland General Electric Company Eighth Revision of Sheet No. 128-1P.U.C. Oregon No. E-18 Canceling Seventh Revision of Sheet No. 128-1
  
SCHEDULE 128SHORT-TERM TRANSITION ADJUSTMENT
 
PURPOSE
  The purpose of this Schedule is to calculate the Short-Term Transition Adjustment to reflect theresults of the ongoing valuation under OAR 860-038-0140. 
AVAILABLE
  In all territory served by the Company. 
APPLICABLE
  To all Nonresidential Customers served who receive service at Daily or Monthly pricing (otherthan Cost of Service) on Schedules 32, 38, 75, 83, 85, 89 or 91; or Direct Access service onSchedules 515, 532, 538, 549, 575, 583, 585, 589, 591, 592, 594.  This Schedule is notapplicable to Customers served on Schedules 485 and 489.
 
(C) (C)
 
SHORT-TERM TRANSITION ADJUSTMENT
 The Short-Term Transition Adjustment will reflect the difference between the Energy Charge(s)under the Cost of Service Option including Schedule 125 and the market price of power for theperiod of the adjustment applied to the load shape of the applicable schedule. 
ANNUAL SHORT-TERM TRANSITION ADJUSTMENT RATE
  
(C) (C) (I)       (C)(I)(N)  (N)
For Customers who have made a service election other than Cost of Service for 2011, theAnnual Short-Term Transition Adjustment Rate will be applied to their bills for service effectiveon and after January 1, 2011:AnnualSchedule   ¢ per kWh
(1)
 32  2.73138  2.43975 Secondary On-Peak 2.131
(2)
 Secondary Off-Peak 2.181
(2)
 Primary On-Peak 2.068
(2)
 Primary Off-Peak 2.092
(2)
 Subtransmission On-Peak 2.047
(2)
 Subtransmission Off-Peak 2.052
(2)
 83  2.62585 Secondary On-Peak 2.299Secondary Off-Peak 2.338Primary On-Peak 2.221Primary Off-Peak 2.243 
(1) Not applicable to Customers served on Cost of Service.
 
(2) Applicable only to the Baseline and Scheduled Maintenance Energy.
 
 Advice No. 10-23Issued November 15, 2010 Effective for serviceMaria M. Pope, Senior Vice President on and after January 1, 2011
 
Portland General Electric Company Eighth Revision of Sheet No. 128-2P.U.C. Oregon No. E-18 Canceling Seventh Revision of Sheet No. 128-2
  
SCHEDULE 128 (Continued)
 ANNUAL SHORT-TERM TRANSITION ADJUSTMENT RATE (Continued) AnnualSchedule   ¢ per kWh
(1)
 89  Secondary On-Peak 2.131Secondary Off-Peak 2.181Primary On-Peak 2.068Primary Off-Peak 2.092Subtransmission On-Peak 2.047Subtransmission Off-Peak 2.05291  2.031515  2.031532  2.731538  2.439549  3.593575 Secondary On-Peak 2.131
(2)
 Secondary Off-Peak 2.181
(2)
 Primary On-Peak 2.068
(2)
 Primary Off-Peak 2.092
(2)
 Subtransmission On-Peak 2.047
(2)
 Subtransmission Off-Peak 2.052
(2)
 583  2.625585 Secondary On-Peak 2.299Secondary Off-Peak 2.338Primary On-Peak 2.221Primary Off-Peak 2.243589  Secondary On-Peak 2.131Secondary Off-Peak 2.181Primary On-Peak 2.068Primary Off-Peak 2.092Subtransmission On-Peak 2.047Subtransmission Off-Peak 2.052591  2.031592  1.989594  1.989
 
 
(I)
           
    (C)(N)
  
(N)
       
(I)
 
(1) Not applicable to Customers served on Cost of Service.(2) Applicable only to the Baseline and Scheduled Maintenance Energy.
 
 
ANNUAL SHORT-TERM TRANSITION ADJUSTMENT REVISIONS
 
 
The Annual Short-Term Transition Adjustment rate will be filed on November 15
th
(or the nextbusiness day if the 15
th
is a weekend or holiday) to be effective for service on and after January1
st
of the next year.  Indicative, non-binding estimates for the Annual Short-Term TransitionAdjustment will be posted by the Company two months and then again one week prior to thefiling date.  These prices will be for informational purposes only and are not to be consideredthe adjustment rates.
 
Advice No. 10-23Issued November 15, 2010 Effective for serviceMaria M. Pope, Senior Vice President on and after January 1, 2011
 
Portland General Electric Company Fourth Revision of Sheet No. 128-3P.U.C. Oregon No. E-18 Canceling Third Revision of Sheet No. 128-3
  
SCHEDULE 128 (Continued)
 
LARGE NONRESIDENTIAL LOAD SHIFT TRUE-UP
 For the November window, the Company will compute the Load Shift True-Up as the differencebetween the market prices used to establish the Schedule 128 Transition Adjustment and theaverage of the corresponding projected market prices during the first full week in Decembertimes the load leaving Cost of Service pricing.  For the Balance of Year Transition Adjustmentwindows, the Company will compute the True-Up as the difference between the market pricesused to establish the Schedule 128 Transition Adjustments and the corresponding projectedmarket prices during the first full week after the close of the window times the amount of loadleaving Cost of Service pricing. For the November election window, the Company will file for adeferral after the close of the window if the True-Up is greater than $240,000.  The filingthreshold for each of the quarterly windows will be $60,000. 
BALANCING ACCOUNT
 The Company will maintain a Balancing Account to accrue any deferred load shift true-upamounts.  This Balancing Account will accrue interest at the Commission-authorized rate fordeferred accounts.  These monies will be recovered from or refunded to all direct-accesseligible Large Nonresidential Customers in a manner approved by the Commission. 
CHANGES TO TRANSITION ADJUSTMENT RATES
 The Short-Term Transition Adjustment is subject to modification to reflect any changes to theEnergy Charge(s) of the Cost of Service Option that serve as the basis for the calculation of theTransition Adjustment.  No change will be made, however, to the market price of power used todetermine the applicable adjustment rate. 
BALANCE-OF-YEAR TRANSITION ADJUSTMENT RATE
  Eligible customers who have elected to receive service on a rate other than Cost of Serviceduring a Quarterly Enrollment Window, will have the applicable Short-Term Balance-of-YearTransition Adjustment Rate applied to their bills. The Balance-of-Year Transition Adjustment Rate will be filed, posted on the Company’s websiteand incorporated into this Schedule effective as follows: 
February 15
th
for an April 1
st
effective date
May 15
th
for a July 1
st
effective date
August 15
th
for an October 1
st
effective date Where the date above is a weekend or state-recognized holiday, the filing date will be the nextbusiness day.  The Short-Term Balance-of-Year Transition Adjustment will be posted by theCompany on its website PortlandGeneral.com/businesson the day the rate is filed with theCommission.
 
(T)
  
 Advice No. 09-20Issued October 13, 2009 Effective for serviceMaria M. Pope, Senior Vice President on and after November 25, 2009

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