BGE Files Updated SOS Rates Due To New Bypassable Transmission Rates, Also Reflects Impact On Bypassable Admin. Charge

Baltimore Gas and Electric has filed with the Maryland PSC updates to its bypassable transmission rates, and, due to the updated transmission rate, a revised bypassable SOS Administrative Charge, due to the impact of the new transmission rate on the cash working capital (CWC) component of the Admin. Charge

The new transmission and SOS Admin. Charge rates are proposed to be effective August 1, 2019

The new transmission rates reflect the updated FERC transmission rates for BGE, effective June 1, as well as the treatment of re-allocated legacy PJM regional transmission expansion plan (RTEP) costs, based on discussions with PSC Staff

BGE said that the treatment of the RTEP costs align with the PSC's recent decisions on similar filings made by Potomac Electric Power Company and Delmarva Power & Light Company. As exclusively reported by EnergyChoiceMatters.com, the PSC directed that the re-allocated legacy RTEP costs be included in transmission rates, not the utilities' SOS reconciliation rate (see details here, the PSC adopted the Staff recommendations described in the linked story)

The CWC Revenue Requirement component of the SOS Admin. Charge is impacted as it is based in part upon PJM costs, including transmission costs and costs associated with the FERC settlement, proposed to be included in Rider 1.

See BGE's updated rates, including a redline, here