HomeMy Public PortalAboutPresentation - Overhead to Underground Conversions.pdfFPL
Overhead to Underground
Conversions: Sequence of
Events & CIAC Specifics
CIAC - (Removal Cost + NBV - Salvage) of Existing
Fac►lities + (UG Cost - OH Cost) of New Facilities
• CIAC = Contribution in Aid of Construction
• Removal Cost =Cost to Remove Existing Overhead Facilities
• NBV = Net Book Value of Overhead Facilities = Original Installed Cost of
the Existing Overhead Facilities Less Accumulated Depreciation.
• Salvage = Salvage Value of Existing Overhead Facilities.
• (UG Cost - OH Cost) New Facilities = Differential Cost Between New
Underground & Equivalent Overhead Facilities.
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Responsibilities
• FPL provides non -binding "ballpark" estimate, no charge
(to help you decide whether to proceed or not)
• FPL provides binding estimate for non-refundable deposit
- Deposit amount = $1.20/ft
- Applied toward CIAC if contract signed within 180 days
- Estimate is valid for 180 days
- Estimate requires 10 to 15 weeks to produce
(pending agreement on easement locations)
• Applicant makes arrangements with other utilities
• Applicant arranges conversion of service entrances
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• If undergrounding is feasible, FPL provides:
- non -binding "ballpark" estimate, at no charge
- nonrefundable engineering deposit amount
• FPL performs detailed engineering and determines
CIAC amount (estimate valid for 180 days)
Sequence of Events (cont')
• Within 180 days of receiving FPL's estimate, Applicant:
- Enters into Facilities Conversion Agreement
- Pays CIAC amount (Engineering deposit applied towards CIAC)
or, estimate expires (in which case FPL retains deposit)
• Applicant executes agreements with other utilities (e.g.
Telephone, CATV, etc.) for simultaneous conversion of
their facilities
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Sequence of Events (cont')
• Applicant secures and records all easements (with opinion of title that
easements are valid) and permission from property owners to place
above grade equipment within their property (due within 180 days of
receipt of binding estimate)
• Utilities secure permits
• FPL installs main underground facilities, coordinating with other
utilities as appropriate
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Sequence of Events (cont')
• Appointments are scheduled with home/business owners to convert
overhead service drops to underground
Residential (typical):
- Applicant/Customer/Electrician secures required electrical permit, arranges
appointment with FPL
- Applicant/Customer/Electrician excavates trench, installs FPL conduit from
main line to meter can
- FPL disconnects and removes service drop & meter
Electrician converts meter can (I.e. weatherhead to downpipe)
- Electrical Inspector inspects installation
- FPL installs/connects buried conductors, and reinstalls meter
Applicant/Customer completes restoration
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Sequence of Events (cont)
• Appointments are scheduled with home/business owners to convert
overhead service drops to underground
Non -Residential (typical):
- Applicant/Customer/Electrician secures electrical permit, arranges
appointment with FPL
- Applicant/Customer/Electrician excavates trench and installs Customer
owned conduit from main FPL line to meter can
- FPL disconnects and removes service drop & meter
- Electrician converts meter can (Le. weatherhead to downpipe) and installs
Customer owned cable to FPL designated point
- Electrical Inspector inspects installation
FPL connects Customer owned conductors, and reinstalls meter
- Applicant/Customer completes restoration
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