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Lesser G. McBride, Jr. Associate General Regulatory Counselled Department 80 Park Plaza, T5G, Newark, NJ 071024194 tel: 973.430.5333 fax: 973.430.5983 Lesser. McBride@PEG.com October 16, 2017, VIA
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01
To fill out annual transmission revenue requirements, follow these steps:
02
Gather all the relevant financial and operational data related to your transmission system.
03
Identify and calculate all the revenue elements that contribute to the annual transmission revenue requirements.
04
Determine the applicable cost-of-service requirements, including expenses for operation, maintenance, and depreciation.
05
Analyze and assess any current or anticipated changes in the transmission system infrastructure.
06
Consider any regulatory requirements or guidelines that govern the calculation and reporting of annual transmission revenue requirements.
07
Perform a comprehensive financial analysis to ensure accuracy and compliance.
08
Prepare the necessary financial reports and documentation, including detailed explanations of the calculations and assumptions made.
09
Submit the completed annual transmission revenue requirements to the appropriate regulatory authority or governing body.
10
Monitor and update the annual transmission revenue requirements as necessary to reflect any changes in the transmission system or regulatory environment.
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Review and respond to any feedback or inquiries from the regulatory authority or governing body regarding the submitted annual transmission revenue requirements.

Who needs annual transmission revenue requirements?

01
The following entities or stakeholders may need annual transmission revenue requirements:
02
- Transmission system operators
03
- Electric utilities
04
- Regulatory authorities
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- Government agencies
06
- Independent system operators (ISOs)
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- Regional transmission organizations (RTOs)
08
- Public utility commissions
09
- Investors and lenders in transmission projects
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- Other market participants involved in the transmission and distribution of electricity.
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Annual transmission revenue requirements are the projected costs associated with operating and maintaining the transmission system for a given year.
Transmission owners and operators are required to file annual transmission revenue requirements with the regulatory authorities.
Annual transmission revenue requirements can be filled out by submitting detailed financial and operational data for the transmission system.
The purpose of annual transmission revenue requirements is to ensure that transmission costs are recovered in a fair and transparent manner.
Information such as operating expenses, capital expenditures, depreciation, and revenue requirements must be reported on annual transmission revenue requirements.
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