Agenda Information Sheet
DEPARTMENT: Electric
CM/ ACM: Howard Martin, 349-8232
Date: September 16, 2014
SUBJECT
Title
Consider adoption of an ordinance amending the schedule of electric rates contained in Ordinance No. 2013-231 for electric service; amending the provisions of the Residential Service Rate Schedule (Schedule RES); amending the provisions of the Residential Renewable Energy Service Rider (Schedule RG); amending the provisions of the Residential Prepaid Service Schedule (Schedule RPP); amending the provisions of the General Service Small Schedule (Schedule GSS); amending the provisions of the General Service Medium Schedule (Schedule GSM); amending the provisions of the General Service Large Schedule (Schedule GSL); amending the provisions of the General Time of Use Schedule (Schedule TGS); amending the provisions of the Local Government Small Schedule (Schedule G2); amending the provisions of the Local Government Schedule (Schedule G1); amending the provisions of the Weekend Service Schedule (Schedule WK); amending the provisions of the Athletic Field Schedule (Schedule AF); amending the provisions of the Street Lighting Schedule (Schedule LS); amending the provisions of the Traffic Lighting Schedule (Schedule LT); amending the provisions of the Unmetered School Zone/Crossing Flashers Schedule (Schedule UFL); amending the provisions of the Unmetered Traffic Lights Schedule (Schedule ULT); amending the provisions of the Unmetered Security Camera Schedule (Schedule USC); amending the provisions of the Other Lighting Schedule (Schedule LO); amending the provisions of the Security Lighting Schedule (Schedule DD); amending the provisions of the Decorative Downtown Lighting Schedule (Schedule DDL); amending the provisions of the Non Standard Street Lighting Schedule (Schedule DSL); amending the provisions of the Temporary Service Schedule (Schedule T1); adding the provisions of the Transmission Cost Recovery Factor Schedule (Schedule TCRF); providing for a repealer; providing for a severability clause; and providing for an effective date. The Public Utilities Board recommends approval (6-0).
Body
BACKGROUND
The proposed FY 2014-2015 Electric utility rates were presented and approved by the PUB on July 28, 2014. The proposed electric rate ordinance included in this agenda item is designed to recover the cost of service for the Electric utility and provide a positive or break-even net income.
The average residential customer using 1,242 kilowatt hours would incur the following monthly charge.
Current Proposed Increase
$126.90 $134.62 $7.72
The attached Electric Rate Ordinance includes adding the provisions of:
· The Transmission Cost Recovery Factor Schedule (TCRF).
The attached Electric Rate Ordinance includes amending the provisions of:
· The Residential Service Rate (Schedule RES);
· The Residential Renewable Energy Service Rider (Schedule RG);
· The Residential Prepaid Service Schedule (Schedule RPP);
· The General Service Small Schedule (Schedule GSS);
· The General Service Medium Schedule (Schedule GSM);
· The General Service Large Schedule (Schedule GSL);
· The General Time Of Use Schedule (Schedule TGS);
· The Local Government Small Schedule (Schedule G2);
· The Local Government Schedule (Schedule G1);
· The Weekend Service Schedule (Schedule WK);
· The Athletic Field Schedule (Schedule AF);
· The Street Lighting Schedule (Schedule LS);
· The Traffic Lighting Schedule (Schedule LT);
· The Unmetered School Zone/Crossing Flashers Schedule (Schedule UFL);
· The Unmetered Traffic Lights Schedule (Schedule ULT);
· The Unmetered Security Camera Schedule (Schedule USC);
· The Other Lighting Schedule (Schedule LO);
· The Security Lighting Schedule (Schedule DD);
· The Decorative Downtown Lighting Schedule (Schedule DDL);
· The Non Standard Street Lighting Schedule (Schedule DSL);
· The Temporary Service Schedule (Schedule T1).
FISCAL INFORMATION
The rates and charges included in the Electric rate ordinance provide the revenues necessary to cover the cost of service to customers. The proposed Electric rates represent a 4% increase to the base rate, which is approximately a 5.5% increase to each overall rate.
RECOMMENDATION
Staff recommends approval of the proposed ordinance.
PRIOR ACTION/REVIEW (Council, Boards, Commissions)
Public Utilities Board recommended approval on July 28, 2014. (6-0)
EXHIBITS
1. Fiscal Year Rate Comparison
2. Proposed FY2014-2015 Electric Rate Ordinance
Respectfully submitted:
Phil Williams General Manager
Denton Municipal Electric
Prepared by:
William A. Bunselmeyer
Manager, Energy Services & Business Development
Denton Municipal Electric