- 173 - systems to satisfy increased demand and to improve reliability. The initial transmission line equipment was a completed unit that performed its intended purpose when petitioner placed it in service. The equipment for which petitioner claims an ITC constitutes an expansion or improvement to the original transmission lines. Petitioner makes no argument that the components in issue qualify as self-constructed property independently from the Jensen-Midway-Turnpike and the Andytown-Lauderdale transmission lines. We find that petitioner failed to incur or commit the lesser of $1 million or 5 percent of the construction costs by December 31, 1985. The costs to construct the Jensen-Midway-Turnpike transmission line components were authorized in late 1988/early 1989. Similarly, the Andytown-Lauderdale transmission line components were authorized in late 1986/early 1987. In addition, petitioner argues that it had committed to the construction costs in its Application for Corridor Certification Under the State of Florida Transmission Line Siting Act.123 We find nothing in the approved application that obligates petitioner to begin construction in the future or to make any future payments for the construction costs of the transmission 123 We note that the application offered into evidence refers only to the Jensen-Midway-Turnpike transmission line.Page: Previous 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 Next
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