HomeMy WebLinkAboutReso 93-375 - Amending the Electric Utility Schedule of Rates - as contained in Exhibit A to Reso 92-473; amended by Reso 93-350 by adding a new section entitled "Federal Environmental Surcharge" i
RESOLUTION NO. 93- 375
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
AMENDING THE ELECTRIC UTILITY SCHEDULE OF RATES—AS
CONTAINED IN EXHIBIT A TO RESOLUTION 92-473; AMENDED BY
RESOLUTION 93-350—BY ADDING A NEW SECTION ENTITLED
"FEDERAL ENVIRONMENTAL SURCHARGE."
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WHEREAS, Section 16. 12. 320 of the Redding Municipal Code
provides that the City Council shall establish electric utility
rates by Resolution; and
WHEREAS, on November 19, 1992, by Resolution 92-473 , the
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City Council adopted the current Schedule of Rates for the
Electric Utility; and
1 WHEREAS, on September 21, 1993 , pursuant to Resolution
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93-350, the City Council amended portions of said Schedule of
Rates; and
WHEREAS, for the reasons set forth in the attached Report to
City Council, it has been recommended that effective November 1 ,
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1993 , a new section entitled FEDERAL ENVIRONMENTAL SURCHARGE
(FES) be added to said Schedule of Fees; and
:I WHEREAS, the City Council has carefully considered this
recommendation, and deems it to be in the best interests of the
City of Redding to adopt the FEDERAL ENVIRONMENTAL SURCHARGE
resulting from HR429 of the 1993 Statutes;
NOW, THEREFORE, IT IS HEREBY RESOLVED that the City Council
of the City of Redding, pursuant to the provisions of Section
16. 12 . 320 of the Redding Municipal Code, hereby:
1. Adopts and approves the addition of a new section in
the Electric Utility Schedule of Rates entitled FEDERAL
ENVIRONMENTAL SURCHARGE, effective November 1, 1993 . cC
2. Directs staff to appropriately amend the Electric
Utility Schedule of Rates contained in Exhibit A to
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Resolution 92-473 , amended by Resolution 93-350, by
inserting the attached Table of Contents and the
section entitled FEDERAL ENVIRONMENTAL SURCHARGE.
3 . Directs the City Clerk and the Director of Finance of
the City of Redding to maintain available certified
copies of this Resolution in their respective offices
for inspection and review by any interested person or
persons.
I HEREBY CERTIFY that the foregoing Resolution was
introduced and read at a regular meeting of the City Council of
the City of Redding on the 19th day of October, 1993 , and was
duly adopted at said meeting by the following vote:
AYES: COUNCIL MEMBERS: Anderson, Dahl, Kehoe, Moss and Arness
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
CARL ARNESS, Mayor
City of Redding
' A EST:
CONNIE STROHMAY , City Clerk
j FORM APPROVED:
I I A6 Iry
RA�DALL A. HAYS, City Attorney
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CITY OF REDDING
MUNICIPAL UTILITIES
Schedule of Rates
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Table of Contents
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ELECTRIC SERVICE Page
Residential Service . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
Mobile Home Parks Service . . . . . . . . . . . . . . . . . . . . . . . . . 3
_ Commercial Service . . . . . . . . . . . . . . . 4
Industrial Time-metered Service . . . . . . . . . . . . . . . . . . . 7
Peak Load Reduction Service . . . . . . . . . . . . . . . . . . . . . . . 12
Industrial-interruptible Service . . . . . . . . . . . . . . . . . . 15
Fixed Usage Service . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Streetlight Service . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Commercial Heating And General Power Service . . . . . . 24
Power Cost Adjustment 26
Economic Development Service . . . . . . . . . . . . . . . . . . . . . 29
Federal Environmental Surcharge . . . . . . . . . . . . . . . . . . 32
EXHIBI _
CITY OF REDDING MUNICIPAL UTILITIES - SCHEDULE OF RATES
FEDERAL ENVIRONMENTAL SURCHARGE (FES)
APPLICABILITY
To the entire City of Redding service area for all kilowatt-hours
billed under all rate schedules.
PURPOSE
To appropriately adjust for increases and decreases in the Electric
Utility's wholesale power costs due to the Federal Environmental
Surcharge (FES) imposed by HR429 of the 1993 statutes, which is
associated with purchases by the City of Redding from the
Department of Energy, Western Area Power Administration (Western) .
THE FEDERAL ENVIRONMENTAL SURCHARGE
The monthly FES dollar amount to be added to or subtracted from
each bill shall be obtained by multiplying the number of kilowatt-
hours for which the bill is rendered by the applicable monthly FES
Rate. The FES Rate will become effective the first day of the
month for which Western imposes the FES and will change from time
to time thereafter when changes in the FES are imposed by Western
or semi-annually, at such times as the City's summer or winter
electric rates go into effect.
CALCULATION OF THE FEDERAL ENVIRONMENTAL SURCHARGE RATE
A. The FES Rate will be determined by multiplying the retail
kilowatt-hour purchases of Western energy for the following six
month period as defined in Section A. 1. by the FES rate charged
by Western, then by subtracting from the resultant product the
FES Balancing Account as defined in Paragraph B, the difference
will then be divided by the total projected retail kilowatt-
hour sales as defined in Section A. 1.
1. Projected kilowatt-hour sales and purchases for FES
calculation purposes shall be. those amounts projected most
recently by the Electric Department.
2 . If the calculation of the FES Rate results in a surcharge
of less than 0. 01 cents per kilowatt-hour, then the FES
Rate will be 0. 00 cents per kilowatt-hour.
B. An FES Balancing Account shall be maintained as an operating
account for the purposes of accommodating the cash flow
fluctuations inherent in the FES process.
1. Each month when a power bill is rendered from Western
which includes any adjustment for Western's FES, the
account's balance will be calculated as follows:
-32- Effective Date:
November 1, 1993
a. Subtract Western's monthly FES charge, in dollars,
from the balance which existed at the end of the prior
month.
b. Add the amount, in dollars, recovered from the
application of the FES Rate which was effective during
the prior month. Such amount shall be the product of
kilowatt-hours of energy billed during the month and
the applicable FES Rate.
C. Add the amount, in dollars, of all interest earned on
the average balance of the funds in the FES Balancing
Account.
i. Funds from the monthly collection of the FES will
be invested by the City along with the City's
other cash accounts and, therefore, will accrue
interest at the average monthly rate paid on the
City's variable investment account.
A:\100.93
-33- Effective Date:
November 1, 1993