“True-Up” Update
June 15, 2010 Posting
Formula Rate
Customer Meeting
June 22, 2010
Sheila Gropp
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Protocols
Definitions
 “Rate Year”
 is defined as January 1 through December 31, year Rate is in effect.
 “True-Up”
 1st phase of developing the new Rate Year Annual Transmission Revenue
Requirement (ATRR)
 based on historical (actual) data (primarily Form 1 data from previous
year)
 Posted by June 15 each calendar year.
 “Annual Update”




2nd phase – completes the update process for Rate Year ATRR
uses historical data already collected during “True-Up” Phase
adds in the projected data
is calculated and posted by October 15 each calendar year.
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Protocols
Timeline
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 “Rate Year”: January 1 – December 31, 2011
*********************************************************************************************
 “True Up” Update: June 15, 2010

“True Up” Customer Meeting: June 22, 2010 <<< we are here
 This date is kick off for Review Period

“True Up” Information Requests Period – 75 days: August 30, 2010

Issues - Westar Energy Response Date:
 Good faith effort to respond within 10 business days from date of information request.

Additional periods for data review resolutions, per Protocols posted on WR OASIS
**********************************************************************************************

“Annual Update”: October 15, 2010

“Annual Update” Customer Meeting: October 26, 2010

Potential Repost of Annual Update: November 30, 2010
**********************************************************************************************
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Protocols
OASIS Postings
Data Requests
 OASIS Posting Requirements:




Update Calculation
Protocols
Accounting Manual and changes
Data Request Submission Address
 Submission of Data Requests to:
Sheila Gropp
Westar Energy
818 Kansas Avenue
Topeka, KS 66612
Sheila.A.Gropp@Westarenergy.com
 Please provide all Data Requests in writing via email or letter.
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Key Data Locations
FERC Form 1 Data - 2009:
FERC.gov
(Westar Energy Form 1)
(Kansas Gas & Electric Form 1)
Formula Rate Postings:
Westar Energy Oasis
http://www.oatioasis.com
Select SPP, then Westar Energy
Accounting Manual Login:
Accounting Data User ID: AFSReader
Accounting Data Password: AFSReader#1
Southwest Power Pool Oasis
http://www.oatioasis.com
Select SPP, Member Postings, then Westar Energy
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Westar Energy’s
Oasis Site
Locating Site
http://www.oatioasis.com/
Click on SPP Icon. It’s a hyperlink to SPP Oasis Node
that contains SPP Transmission Owners Oasis Sites.
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Westar Energy’s
Oasis Site
Locating Site - 2
Click on Westar Icon.
It’s a hyperlink to new Westar Energy Oasis Site.
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Westar Energy’s
Oasis Site
Home Page
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Westar Energy’s
Oasis Site
Finding Documents
The Annual Update is under
this Document Directory.
Click on the file folder icon
or name to open.
The sub-folders will appear.
Click on the June 15, 2010
Update – True-Up folder.
Update Results
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Westar Energy’s
Oasis Site
Finding Accounting Manual
Accounting Manual Login
Accounting Data User ID:
AFSReader
Accounting Data Password:
AFSReader#1
Under the Transmission Formula Rate (TFR) 2011
Rates Folder, is the sub-folder –
“Accounting Information as of 12/31/2009”
Select this folder to see available files.
Under the Accounting Information as of 12/31/2009 Folder are several files.
For the Accounting Manual, click on:
“Accounting Manual as of 12/31/2009”
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Southwest Power Pool
OASIS Posting
at Member Postings Link
SPP OASIS Site
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Formula Inputs
Data and the Update
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Formula Inputs
Index of Template Pages
Tab ID
Schedule/Worksheet Designation
Description
Date to be Posted
Actual Net Rev Req
Schedule Actual Net Rev Req
Actual net revenue requirements for most recent calendar year
June 15
Gross Rev Req
Schedule Actual Gross Rev Req
Actual gross revenue requirements for most recent calendar year
June 15
A-1
Revenue Credit
Actual revenue credits
June 15
A-2
Actual transmission load
WE Revenues
June 15
A-3
Actual Retail Adder
WE Divisor
June 15
A-4
Actual O&M Exclusions (WEN)
WE Retail Adder
June 15
A-5
Actual Accum Deferred Income Taxes (WEN)
WEN O&M Exclusions
June 15
A-6
Actual O&M Exclusions (WES)
WEN ADIT
June 15
A-7
Actual Accum Deferred Income Taxes (WEN)
WES O&M Exclusions
June 15
A-8
Actual Depreciation Rate Calculation
WES ADIT
June 15
A-9
Actual Base Plan Funded Projects
Depreciation Adjustment
June 15
A-10
Actual Wages and Salaries
Plant Additions for Upcoming Year
June 15
A-11
Actual Incentive Return on Incentive Plant
Incentive Plant Additions
June 15
A-12
Actual Economic Portfolio Funded Projects
Base Plan Funded Additions
June 15
TU
True-up
True-up Adjustment and Interest Calculation
Oct 15
BPF
BPF Summary
Total Actual and Projected BPF projects
Oct 15
EPP
EPP Summary
Total Actual and Projected EPP projects
Oct 15
Projected Net Rev Req
Projected Net Rev Requirement
Projected net revenue requirements for next calendar year
Oct 15
Projected Gross Rev Req
Projected Gross Rev Req
Projected gross revenue requirements for next calendar year
Oct 15
P-1
Transmission Plant
Projected transmission plant for next calendar year
Oct 15
P-2
Exp. & Rev. Credits
Projected expenses and revenue credits for next calendar year
Oct 15
P-3
Trans. Network Load
Projected transmission load for next calendar year
Oct 15
P-4
BPF Projects
Projected Base Plan Funded Projects
Oct 15
P-5
Econ. Projects
Projected Economic Portfolio Funded Projects
Oct 15
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Formula Components
2009
True-up Update
 Data Included
 Historical 2009 financial data
Westar Energy Form 1
Kansas Gas & Electric Form 1
 FERC Approved Incentive Plant – Actual
 SPP Projects - Actual
 Template References:
 Template Form 1 Reference format:
Page, Line, Column
 Worksheet Reference format:
Worksheet P-1 (with section if applicable)
 Yellow areas are change areas
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Formula Components
2009
True-up Update
“True Up” Update Results – 1st phase – 2011 Rates
2011 Rate is not complete until the October Update
which will apply the Projected data
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Formula Components
2009
True-up Update
Base Plan Funded Projects Actual
Gross Plant is the accumulation of
plant placed in-service through the
end of 2009.
$7,694,924 includes plant in-service
from 2006-2009.
Accm. Deprec. is the total
accumulated depreciation on
these plant additions based on
in-service dates.
A-9 – Actual BPF Plant
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Formula Components
2009
True-up Update
Incentive Projects Actual
A-11 – Incentive Plant
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Formula Components
2009
True-up Update
TU (True-Up)
2009 Projected vs. 2009 Actual
Difference plus interest will become a true-up for the 2011 Rates
In October 2010, the Annual TFR Update will complete the 2011 Rate Calculation.
The Rate established for 2009 was derived from the 2007 actual expenses and plant
plus the projected expenses and plant additions.
The percentage of change in transmission plant projected for 2009 vs. 2007 actual
transmission plant adjusts the 2007 Actual expenses to create the projected 2009
expenses by that same percentage change.
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QUESTIONS?
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Future Filing
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Mark your Calendars
Annual Update
Customer Meeting
October 26, 2010
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