File #: Details 2015-279    Version: 1 Name:
Type: D - Depreciation Status: Agenda Ready
File created: 9/18/2015 In control: PUC Agenda Meeting
On agenda: 10/7/2015 Final action:
Title: * G011/D-15-534 Minnesota Energy Resources Corporation (MERC) In the Matter of the Petition of MERC for its Annual Review of Depreciation Rates for 2015. Should the Commission require MERC to complete a full depreciation study of all accounts by June 1, 2016 to coincide with the timing of its rate case or, should the Commission maintain the current five-year schedule and require a full depreciation study to be completed June 1, 2017? Should the Commission approve the Department's recommendation (as agreed to by MERC) and approve MERC's proposed service lives, salvage rates, and resulting depreciation rates effective January 1, 2015 including MERC's proposal for an average service life of eight years, an Iowa L3 curve, to use the General Plant composite depreciation rate of 4.47 percent for new investments in Trailers, Account 392, and a negative 25 percent salvage rate for Transportation Equipment, Account 392.2? (PUC: Schwieger)
Attachments: 1. MERC Initial Filing 6-1-15, 2. MERC Supplemental Filing 7-2-15, 3. DOC Comments 7-20-15, 4. MERC Reply Comments 7-31-15, 5. DOC Letter 8-13-15, 6. MERC Reply Comments 8-21-15, 7. DOC Supplemental Comments 8-31-15, 8. Briefing Papers

title

*                     G011/D-15-534                     Minnesota Energy Resources Corporation (MERC)

In the Matter of the Petition of MERC for its Annual Review of Depreciation Rates for 2015.

 

Should the Commission require MERC to complete a full depreciation study of all accounts by June 1, 2016 to coincide with the timing of its rate case or, should the Commission maintain the current five-year schedule and require a full depreciation study to be completed June 1, 2017?

Should the Commission approve the Department’s recommendation (as agreed to by MERC) and approve MERC’s proposed service lives, salvage rates, and resulting depreciation rates effective January 1, 2015 including MERC’s proposal for an average service life of eight years, an Iowa L3 curve, to use the General Plant composite depreciation rate of 4.47 percent for new investments in Trailers, Account 392, and a negative 25 percent salvage rate for Transportation Equipment, Account 392.2? (PUC: Schwieger)