NYISO Tariffs --> Open Access Transmission Tariff (OATT) --> 6 OATT Rate Schedules --> 6.19.6.2.2 OATT Schedule 19 - New York State Electric and Ga
Formula Rate - Non-Levelized
Transmission Formula Rate Template
Utilizing FERC Form 1 Data
Actual for the 12 Months Ended 12/31/2021
New York State Electric and Gas Corporation
Appendix A: Annual Transmission Revenue Requirement for Schedule 19 Projects
Composite Depreciation Rates
(1)
Schedule 19
Projects (Col. 3 *
Col. 4)
Form No. 1 or Transmission
Formula Rate Reference
Company Total (where
applicable)
Workpaper 1, Line 6, Col. (c)
Workpaper 1, Line 6, Col. (d) or Col.
(m)
Transmission
Distribution
Electric General
Electric Intangible
Common
Workpaper 1, Line 6, Col. (e)
Workpaper 1, Line 6, Col. (f)
Workpaper 1, Line 6, Col. (b)
Workpaper 1, Line 6, Col. (g)
S19 W/S
S19 W/S
CP*S19 W/S
GP=
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
TOTAL GROSS PLANT
Without Common - For Gross Plant Allocator Calculation Only
(Sum of Lines 1 through 6)
Workpaper 1, Line 12, Col. (c)
Workpaper 1, Line 12, Col. (d) or Col.
(m)
Transmission
Distribution
Electric General
Electric Intangible
Common
Workpaper 1, Line 12, Col. (e)
Workpaper 1, Line 12, Col. (f)
Workpaper 1, Line 12, Col. (b)
Workpaper 1, Line 12, Col. (g)
(Sum of Lines 9 through 14)
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
15 TOTAL ACCUM. DEPRECIATION
Production
Transmission
Distribution
General
Intangible
Common
(Line 1 - Line 9)
(Line 2 - Line 10)
(Line 3 - Line 11)
(Line 4 - Line 12)
(Line 5 - Line 13)
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
(Sum of Lines 16 through 21)
Workpaper 1, Line 18, Col. (g)
Workpaper 1, Line 18, Col. (j)
ACCUMULATED DEFERRED INCOME
TAXES (Note B)
Accumulated Deferred Income Taxes
Excess Accumulated Deferred Income
Workpaper 2a, Line 11, Col. (g)
Workpaper 3
26 Taxes
TOTAL ACCUMULATED DEFERRED
28 LAND HELD FOR FUTURE USE
OTHER RATE BASE ITEMS
Workpaper 1, Line 18, Col. (h) or (i)
Cash Working Capital (Note C)
Materials & Supplies - Transmission
Materials and Supplies - Electric and Gas -
(Line 49 times 45/360)
Workpaper 1, Line 18, Col. (k)
31 Assigned to Construction
Workpaper 1, Line 18, Col. (l)
Workpaper 1, Line 18, Col. (m)
Workpaper 1, Line 18, Col. (p)
(Sum of Lines 29 through 33)
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
Prepayments
Unfunded Liabilities
34 TOTAL OTHER RATE BASE ITEMS
(Line 22+ Line 27 + Line 28 + Line 34)
Formula Rate - Non-Levelized
Actual for the 12 Months Ended 12/31/2021
Utilizing FERC Form 1 Data
New York State Electric and Gas Corporation
Appendix A: Annual Transmission Revenue Requirement for Schedule 19 Projects
Projects (Col. 3 *
Col. 4)
ANNUAL TRANSMISSION REVENUE
No. REQUIREMENT
Form No. 1 or Transmission
Formula Rate Reference
Company Total (where
applicable)
OPERATIONS AND MAINTENANCE
EXPENSES (Note M)
Transmission - Direct Assign
Transmission - Allocate
Less: EPRI Dues in Account 566
320-323.112.b fn
320-323.112.b fn
352-353
Line 37 - Line 38
320-323.197.b
352-353
320-323.189.b
320-323.185.b
Note L
39 Subtotal - Transmission to Allocate
40 Electric A&G
41
42
43
44
Less: EPRI Dues in A&G
Less: Regulatory Commission Expenses
Less: Property Insurance
Less: Account 930.2 Items
Line 40 - Line 41 - Line 42 - Line 43 -
Adjusted Electric A&G
Plus: Transmission Related Regulatory
46 Expenses
Plus: Direct Assigned Regulatory
47 Commission Expenses (Note E)
48 Plus: Property Insurance
Sum of Lines 36, 39 and 45 through
48
49 TOTAL O&M
DEPRECIATION AND AMORTIZATION EXPENSE
Transmission
Electric General
Electric Intangible
Common Electric
Amortization of Abandoned Plant
336.7.f, fn
336.10 f
336.1.d
336.11.f
230a fn
Sum of Lines 50 through 54
TAXES OTHER THAN INCOME TAXES
LABOR RELATED
Payroll (Note D)
PLANT RELATED
Real Estate
Franchise Tax
Gross Receipts Tax
Other
262-263
Sum of Lines 56 and 58 through 61
T=1 - {[(1 - SIT) * (1 - FIT)] / (1 -
SIT * FIT * p)}=
1 / (1 - T)
63 Composite Tax Rate = T
64 Gross-up Factor
65 Income Tax Factor
Amortization of Investment Tax Credit (enter
66 negative)
Amortization of Excess Deferred Income
67 Taxes (enter negative)
68 Tax Effect of Permanent Differences
69 Income Tax Calculation
70 ITC adjustment
Workpaper 3
Workpaper 4, Line 2, Col. (e)
(Line 75 * Line 65)
Amortization of Excess Deferred Income Tax
71 Adjustment
72 Permanent Differences Tax Adjustment
73 TOTAL INCOME TAXES
(Line 67 * Line 64)
(Line 68 * Line 64)
Sum of Lines 69 through 72
Workpaper 5, Line 12, Col. (i)
Workpaper 5, Line 12, Col. (f)
Sum of Lines 74 through 75
75 Common Equity and Preferred Stock
76 TOTAL RETURN
ANNUAL TRANSMISSION REVENUE
REQUIREMENT BEFORE REVENUE
77 CREDITS
(Line 49 + Line 55 + Line 62 + Line 73 +
Line 76)
ANNUAL TRANSMISSION REVENUE
79 REQUIREMENT (ATRR)
Workpaper 9, Line 11, Col. (b)
ANNUAL TRUE-UP ADJUSTMENT (ATU)
81 (Note G)
82 ATRR PLUS ATU AND CORRECTIONS
Sum of Lines 79 through 81
Formula Rate - Non-Levelized
Actual for the 12 Months Ended 12/31/2021
Utilizing FERC Form 1 Data
New York State Electric and Gas Corporation
Appendix A: Annual Transmission Revenue Requirement for Schedule 19 Projects
SUPPORTING CALCULATIONS AND NOTES
No. TRANSMISSION PLANT ALLOCATOR
83 Electric Plant
84 Total Transmission Plant
85 Schedule 19 Projects
(Line 97)
(Line 2)
(Line 2)
86 Schedule 19 Projects Plant Allocator
87 Transmission Plant Allocator
(Line 85 / Line 84)
(Line 84 / Line 83)
ELECTRIC WAGE AND SALARY
ALLOCATOR
Production
Transmission
Distribution
Other
354-355.20.b
354-355.21.b
354-355.23.b
354-355.24,25,26.b
Sum of Lines 88 through 91
(Line 89 / Line 92)
93 Transmission Wage and Salary Allocator
Schedule 19 Projects Wages and Salaries
94 (transmission wages and salary times S19P)
Schedule 19 Projects Wage and Salary
95 Allocator
Schedule 19 Projects Transmission Wage
96 and Salary Allocator
(Line 89 * Line 86)
(Line 94 / Line 92)
(Line 94 / Line 89)
ELECTRIC COMMON PLANT ALLOCATOR
(CE)
Electric
200-201.3.c+6.c
200-201.3.d+6.d
(Line 97 + Line 98)
REVENUE CREDITS
Account 454, Rent from Electric Property
Account 456, Other Electric Revenue (Note J)
102 Total Revenue Credits
Formula Rate - Non-Levelized
Actual for the 12 Months Ended 12/31/2021
Utilizing FERC Form 1 Data
New York State Electric and Gas Corporation
Appendix A: Annual Transmission Revenue Requirement for Schedule 19 Projects
General Note: References to pages in this transmission formula rate rate are indicated as: (page#, line#, col.#)
References to data from FERC Form 1 are indicated as: #.y.x (page, line, column)
A All amounts shown are based on five quarter averages which are contained in footnotes to the FF1 (with the following exceptions: CWC in line 28 which is based upon one-eighth of O&M, Accumulated Deferred
Income Taxes in line 24 which are a combination of beginning and end of year averages and proration amounts, and Excess Accumulated Deferred Income Taxes in line 25 which are beginning/ending year
averages).
The maximum accumulated deferred tax offset to rate base is calculated in accordance with the proration formula prescribed by IRS regulation section 1.167(l)-1(h)(6).
C Cash Working Capital for Schedule 19 Projects equals one-eighth (45 days) of O&M allocated to Schedule 19 Projects.
D Includes only FICA and unemployment taxes.
Any transmission regulatory expenses allocated to Rate Schedule 19 Projects are determined after deducting any directly assigned regulatory expenses.
Below are the currently effective income tax rate, where FIT is the Federal income tax rate; SIT is the State income tax rate, and p = "the percentage of federal income tax deductible for state income taxes". If the
utility is taxed in more than one state it must attach a work paper showing the name of each state and how the blended or composite SIT was developed. Furthermore, a utility that elected to utilize amortization of
tax credits against taxable income, rather than book tax credits to Account No. 255 and reduce rate base, must reduce its income tax expense by the amount of the Amortized Investment Tax Credit (Form 1,
266.8.f) multiplied by (1/1-T). Any Excess or Deficient Deferred Income Taxes reduce or increase income tax expense by the amount of the expense multiplied by (1/1-T).
0.00% (State Income Tax Rate or Composite SIT)
0.00% (percent of federal income tax deductible for state purposes)
G Include ATU for Year N with Projected ATRR for Year N+2
H Debt cost rate = long-term interest / long term debt. Preferred cost rate = preferred dividends / preferred outstanding. The ROE is determined by the New York Public Utilities Commission and capped by the ROE
determined by FERC. The ROE Cap will be supported in the original filing and no change in ROE Cap may be made absent a filing with FERC.
Includes revenue related to Schedule 19 Projects only, such as pole attachments, rentals and special use.
Includes revenue related to Schedule 19 Projects only.
K The following acronyms are used for allocators:
CP= common plant allocator (allocate common plant and common expenses to total electric)
DA= DA=direct assignment (the item is direct assigned to Schedule 19 Projects)
GP= gross plant allocator (allocated Schedule 19 Projects gross plant as % of electric and common plant)
GPE= gross electric plant allocator (allocated Schedule 19 Projects gross plant as % of total electric gross plant)
S19P= Schedule 19 Projects plant allocator (Schedule 19 Projects gross plant as % of total transmission gross plant)
S19 W/S= Schedule 19 Projects wage and salary allocator (Schedule 19 Projects wages and salaries as % of total electric wages and salaries)
S19 W/ST Schedule 19 Projects wages and salary allocator for transmission (Schedule 19 Projects wages and salaries as a % of transmission wages and salaries)
NA= not applicable (the item is not applicable to Schedule 19 Projects)
TPE= transmission plant allocator (transmission plant as % of electric)
T W/S= transmission wages and salaries as % of electric wages and salaries
NYSEG will exclude items in Account 930.2 shown on FF1 page 335 that are greater than $1 M and not directly or indirectly related to its transmission assets.
M NYSEG either will direct assign O&M expense that have been tracked for the Schedule 19 Projects or allocate transmission O&M to the Schedule 19 Projects, but not both.
N In accordance with the NYISO OATT, Section 14.1.5, the gross receipts tax included in Schedule 19 Projects ATRR is as follows:
Gross receipt tax rate
Revenue requirement
Gross Receipts Tax
Effective Date: 7/8/2024 - Docket #: ER24-1968-000 - Page 1
NYISO Tariffs --> Open Access Transmission Tariff (OATT) --> 6 OATT Rate Schedules --> 6.19.6.2.2 OATT Schedule 19 - New York State Electric and Ga
New York State Electric and Gas Corporation
Workpaper 2a: Accumulated Deferred Income Taxes (ADIT) Workpaper - Current Year
Actual for the 12 Months Ended 12/31/2021
Current Year
ADIT-190
ADIT-282
ADIT-283
Subtotal
Schedule 19 Projects W/S Allocator
GP Allocator
End of Year ADIT
(Line 24)
(Line 30)
(Line 38)
(Line 1 + Line 2 + Line 3)
Appendix A
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
(Line 4 * Line 5 or Line 6)
Workpaper 2b, Line 7
(Average of Line 7 + Line 8)
End of Previous Year ADIT
Average Beginning and End of Year
From Workpaper 2c, Line 14, Col. (r) or Workpaper 2d, Line 13, Col. (n)
Line 9 + Line 10
In filling out this attachment, a full and complete description of each item and justification for the allocation to Columns B-G and each separate ADIT item will be listed,
dissimilar items with amounts exceeding $100,000 will be listed separately;
(a)
ADIT-190 - Includes Only Items Applicable to Schedule
19 Projects
Schedule 19
Projects
Related
Instructions for Account 190:
1. ADIT items related only to Schedule 19 Projects are directly assigned to Column D
2. ADIT items related to Plant are included in Column E
3. ADIT items related to Labor are included in Column F
4. Deferred income taxes arise when items are included in taxable income in different periods than they are included in book income.
If the item giving rise to the ADIT is not included in the annual transmission revenue requirement ("ATRR"), the associated ADIT amount shall be excluded.
New York State Electric and Gas Corporation
Workpaper 2a: Accumulated Deferred Income Taxes (ADIT) Workpaper - Current Year
(a)
ADIT- 282 - Includes Only Items Applicable to Schedule
19 Projects
Schedule 19
Projects
Related
25 Depreciation - Liberalized Depreciation - Prorated
Worksheet 2c, Line 14, Col. (r)
Instructions for Account 282:
1. ADIT items related only to Schedule 19 Projects are directly assigned to Column D
2. ADIT items related to Plant are included in Column E
3. ADIT items related to Labor are included in Column F
4. Deferred income taxes arise when items are included in taxable income in different periods than they are included in book income.
If the item giving rise to the ADIT is not included in the annual transmission revenue requirement ("ATRR"), the associated ADIT amount shall be excluded.
New York State Electric and Gas Corporation
Workpaper 2a: Accumulated Deferred Income Taxes (ADIT) Workpaper - Current Year
(a)
ADIT-283 - Includes Only Items Applicable to Schedule
19 Projects
Schedule 19
Projects
Related
31 Cost of Removal
32
33
34
35
36
37
38 Total
Instructions for Account 283:
1. ADIT items related only to Schedule 19 Projects are directly assigned to Column D
2. ADIT items related to Plant are included in Column E
3. ADIT items related to Labor are included in Column F
4. Deferred income taxes arise when items are included in taxable income in different periods than they are included in book income.
If the item giving rise to the ADIT is not included in the annual transmission revenue requirement ("ATRR"), the associated ADIT amount shall be excluded.
Effective Date: 7/8/2024 - Docket #: ER24-1968-000 - Page 1
NYISO Tariffs --> Open Access Transmission Tariff (OATT) --> 6 OATT Rate Schedules --> 6.19.6.2.2 OATT Schedule 19 - New York State Electric and Ga
New York State Electric and Gas Corporation
Workpaper 2b: Accumulated Deferred Income Taxes (ADIT) Workpaper - Prior Year
Actual for the 12 Months Ended 12/31/2021
Prior Year
ADIT-190
ADIT-282
ADIT-283
Subtotal
Schedule 19 Projects W/S Allocator
GP Allocator
Prior Year ADIT
(Line 20)
(Line 26)
(Line 34)
(Line 1 + Line 2 + Line 3)
Appendix A
Appendix A
(Line 4 * Line 5 or Line 6)
In filling out this attachment, a full and complete description of each item and justification for the allocation to Columns B-G and each separate ADIT item will be listed,
dissimilar items with amounts exceeding $100,000 will be listed separately;
(a)
ADIT-190 - Includes Only Items Applicable to
Schedule 19 Projects
Schedule 19
Projects
Related
20 Total
Instructions for Account 190:
1. ADIT items related only to Schedule 19 Projects are directly assigned to Column D
2. ADIT items related to Plant are included in Column E
3. ADIT items related to Labor are included in Column F
4. Deferred income taxes arise when items are included in taxable income in different periods than they are included in book income.
If the item giving rise to the ADIT is not included in the annual transmission revenue requirement ("ATRR"), the associated ADIT amount shall be excluded.
New York State Electric and Gas Corporation
Workpaper 2b: Accumulated Deferred Income Taxes (ADIT) Workpaper - Prior Year
ADIT- 282 - Includes Only Items Applicable to
Schedule 19 Projects
Schedule 19
Projects
Related
21 Depreciation - Liberalized Depreciation - Prorated
Workpaper 2d, Line 13, Col. (n)
Instructions for Account 282:
1. ADIT items related only to Schedule 19 Projects are directly assigned to Column D
2. ADIT items related to Plant are included in Column E
3. ADIT items related to Labor are included in Column F
4. Deferred income taxes arise when items are included in taxable income in different periods than they are included in book income.
If the item giving rise to the ADIT is not included in the annual transmission revenue requirement ("ATRR"), the associated ADIT amount shall be excluded.
New York State Electric and Gas Corporation
Workpaper 2b: Accumulated Deferred Income Taxes (ADIT) Workpaper - Prior Year
(a)
ADIT-283 - Includes Only Items Applicable to
Schedule 19 Projects
Schedule 19
Projects
Related
27 Cost of Removal
28
29
30
31
32
33
34 Total
Instructions for Account 283:
1. ADIT items related only to Schedule 19 Projects are directly assigned to Column D
2. ADIT items related to Plant are included in Column E
3. ADIT items related to Labor are included in Column F
4. Deferred income taxes arise when items are included in taxable income in different periods than they are included in book income.
If the item giving rise to the ADIT is not included in the annual transmission revenue requirement ("ATRR"), the associated ADIT amount shall be excluded.
Effective Date: 7/8/2024 - Docket #: ER24-1968-000 - Page 1
NYISO Tariffs --> Open Access Transmission Tariff (OATT) --> 6 OATT Rate Schedules --> 6.19.6.2.2 OATT Schedule 19 - New York State Electric and Ga
New York State Electric and Gas Corporation
Workpaper 7: True-up Adjustment for Schedule 19 Projects
Actual for the 12 Months Ended 12/31/2021
Debit amounts are shown as positive and credit amounts are shown as negative.
The Annual True-Up Adjustment ("ATU") component of the Formula Rate for each Year shall be determined as follows:
In accordance with its formula rate protocols, NYSEG shall recalculate its Annual Transmission
Revenue Requirement ("ATRR") for the previous calendar year based on its actual costs as reflected in its Form No. 1 and its
books and records for that calendar year, consistent with FERC accounting policies.
Determine the difference between the Actual ATRR as determined in paragraph (i) above,
and actual revenues based upon the Projected ATRR for the previous calendar year
Multiply the ATRR Before Interest by (1+i)^24 months
Average of the monthly rates from the middle of the Rate Year for which the ATU
is being calculated through the middle of the year in which the ATU is included in rates (24 months)
The interest rates are initially estimated and then trued-up to actual
To the extent possible each input to the Formula Rate used to calculate the Actual ATRR
will be taken directly from the FERC Form No. 1 or will be reconcilable to the FERC Form 1
by the application of clearly identified and supported information. If the reconciliation
is provided through a workpaper included in the filed Formula Rate Template, the inputs to the workpaper must meet this
transparency standard, and doing so will satisfy this transparency requirement for the amounts that are output from the
workpaper and input to the main body of the Formula Rate.
Estimated Actual Interest Rate True-
ATRR based on actual costs included for the previous calendar year
Revenues based upon the Projected ATRR for the previous calendar year and excluding any true-up adjustment
Difference (A-B)
Future Value Factor (1+i)^24
True-up Adjustment (C*D)
Interest Rate True-up (Note 1)
i = average interest rate as calculated below
Interest on Amount of Refunds or Surcharges
Monthly
Interest Rate
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
Year 1
Year 1
Year 1
Year 1
Year 1
Year 1
Year 2
Year 2
Year 2
Year 2
Year 2
Year 2
Year 2
Year 2
Year 2
Year 2
Year 2
Year 2
Year 3
Year 3
Year 3
Year 3
Year 3
Year 3
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
11 November
12 December
13 January
14 February
15 March
16 April
17 May
18 June
19 July
20 August
21 September
22 October
23 November
24 December
25 January
26 February
27 March
28 April
Note 1: Use Workpaper 7-True-up Adjustment to determine the ATU with actual interest rates and include the interest rate true-up with a subsequent ATU adjustment.
Effective Date: 7/8/2024 - Docket #: ER24-1968-000 - Page 1
