Federal Register #2026-09784

Southeastern Power Administration Rate Adjustment for Jim Woodruff Project Power Sales

This opportunity concerns a proposed rate adjustment for the sale of electric power from the Jim Woodruff Project by the Southeastern Power Administration (SEPA), part of the Department of Energy: - Government Buyer: - Southeastern Power Administration (SEPA), Department of Energy - Office located at 1166 Athens Tech Road, Elberton, Georgia - Products/Services Requested: - Sale and marketing of electric power generated by the Jim Woodruff Project - Revised rate schedule (JW1M) with: - Capacity charge increase from $8.46 to $9.02 per kilowatt per month (6.6% increase) - Energy charge increase from 22.32 mills to 24.72 mills per kilowatt-hour (10.8% increase) - SEPA may procure additional power on behalf of preference customers, who would pay the cost of purchased power in addition to the revised rates - Unique/Notable Requirements: - Rate adjustment is based on an updated repayment study to ensure cost recovery and compliance with repayment criteria - Public forums and comment opportunities are available for stakeholders - No specific OEMs or commercial vendors are involved in the power sale; SEPA is the sole provider - Locations: - SEPA headquarters in Elberton, Georgia (contracting office and government facility) - Florida Electric Cooperatives Association in Tallahassee, Florida (public forum location and place of performance)

Description

The Southeastern Power Administration proposes to revise the existing schedules of rates and charges for the sale of power from the Jim Woodruff Project. The proposed rate adjustment is effective from October 1, 2026, through September 30, 2031, and includes an increase in capacity and energy charges. Opportunities are provided for public review, participation in forums, and submission of written comments. The adjustment aims to meet repayment criteria based on an updated repayment study indicating current rates are inadequate.

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