Loading...
HomeMy WebLinkAbout13 Electric Utility Cost of Service Study July 2018 ACTION ITEM #13and Rate StudyElectric Utility Cost of Service and Rate StudyElectric Utility Cost of Service July 18, 2018 Electric Utility Cost of Service and Rate Study 2016 Electric Utility limited rate structure design review •update2015 Water Utility rate study •Water Utility rate study 2013 •structure design review comprehensive rate 2010 Electric Utility •design for Electric and Water Utility rates and feesreview the District’s cost of service and to provide rate in the past to The District has contracted with Shawn Koorn, of HDR Engineering, •BACKGROUND / HISTORY Electric Utility Cost of Service and Rate Study BACKGROUND / HISTORY Increased operational efficiencies•agreementsWell structured long term power purchase •FY09since not changed had Utility rates 01 Electric -Prior to Ordinance 2016•replacement SCADA •AMI Project•in FY19annually and 3% maximum FY18, in 2% in FY17, 3% Utility rates by Electric increasing 01 -2016the Board adopted Ordinance July of 2016 In •and Rate StudyElectric Utility Cost of Service and Rate StudyElectric Utility Cost of Service NEW INFORMATION Optimal efficiency•Equitable apportionment across rate categories•Revenue stability•Routine cost of service and rate studies support•of Service and Rate StudyDistrict staff is recommending a comprehensive Electric Utility Cost •and Rate StudyElectric Utility Cost of Service and Rate StudyElectric Utility Cost of Service NEW INFORMATION utilitiesProviding a comparison of proposed rates to other similar electric •based rate design alternatives for the rate categories-Developing cost•Reviewing rate classes and identifying potential changes •year revenue requirement-Developing a projected five•based rate designs-Establishing cost•HDR provided a cost of service study proposal that includes the •The District benefits from working with HDR Engineering•and Rate StudyElectric Utility Cost of Service and Rate StudyElectric Utility Cost of Service NEW INFORMATION and Rate StudyElectric Utility Cost of Service and Rate StudyElectric Utility Cost of Service NEW INFORMATION and Rate StudyElectric Utility Cost of Service and Rate StudyElectric Utility Cost of Service Proposed Timeline•Public Hearing December with HDRBoard Workshop October CompleteInitial Study September Proposal to Board July FISCAL IMPACT FY19 operating budgets for this studySufficient funds exist in the Electric Utility’s Board approved FY18 & •Cost of Service StudyElectric Utility Cost of Service StudyElectric Utility RECOMMENDATION Electric Utility Cost of Service StudyElectric Utility Cost of Service Study not to exceed contract amount of $52,600amount of $47,785 plus a 10% change order authorization for a total Engineering for an Electric Cost of Service and Rate Study, in an Authorize the General Manager to execute a contract with HDR •