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HomeMy WebLinkAbout#5 Electric rate ordinance Ordinance No. 2001-03 Changing electric rates ____________________________________________________________________________ WHEREAS, as a result of increased costs for the purchase of wholesale power, the Board of Directors of the Truckee Donner Public Utility District has realized that it is essential to increase its electric rates; NOW, THEREFORE, BE IT ENACTED by the Board of Directors of the Truckee Donner Public Utility District as follows:  Effective 30 days from the date this ordinance is adopted, this ordinance, the rate provisions of Ordinance No. 8607 and all other portions of prior ordinances and/or resolutions which are inconsistent with the provisions of this ordinance are hereby repealed.  That effective with the first billing cycle in August 2001, the following rates will be placed into effect: Insert rates as shown in Option A or Option B from Stephen Hollabaugh’s staff report of July 6, 2001  All other provisions of Ordinances 8119, 8120 and 8121 shall remain if effect.  The Clerk of the Board is hereby directed to post and publish this ordinance in accordance with state law. PASSED AND ADOPTED by the Board of Directors of the Truckee Donner Public Utility District at a th regular meeting thereof duly called and held within said District on the 11 day of July 2001, by the following roll call vote: AYES: NOES: ABSENT: TRUCKEE DONNER PUBLIC UTILITY DISTRICT By____________________________________ James A. Maass, President of the Board ATTEST: ______________________________________ Peter L. Holzmeister, Clerk of the Board smc Option A, Increase 50% now, 50% January 2002: The District would split the increase of 2.452 cents per KWhr into two equal increases, an increase of 1.226 cents per KWHr in August of 2001 and another 1.226 increase to begin January 2002. The typical residential monthly electric bill for a customer using 650 kWh would increase from about $48.27 to $56.24 in August and $64.21 in January 2002. The proposed rates would be: Current Rate August 2001 January 2002 Domestic Electric Rates: Permanent Residents Rate P10 Customer Charge: per month $4.00 $4.00 $4.00 Energy Charge per kilowatt-hour $0.06811 $0.08037 $0.09263 Domestic Electric Rates: Non-Permanent Residents Rate S10 Customer Charge: per month $4.00 $4.00 $4.00 Energy Charge per kilowatt-hour $0.08196 $0.09422 $0.10648 Small Commercial Rates Rate 15 Customer Charge: per month $8.00 $8.00 $8.00 Energy Charge per kilowatt-hour $0.08821 $0.10047 $0.11273 Medium Commercial Rates Rate 20 Customer Charge: per month $80.00 $80.00 $80.00 Energy Charge per kilowatt-hour $0.03990 $0.05216 $0.06476 Demand Charge per kilowatt of demand $9.77 $9.77 $9.77 Large Commercial Rates Rate 25 Customer Charge: per month $350.00 $350.00 $350.00 Energy Charge per kilowatt-hour $0.04139 $0.05365 $0.06591 Demand Charge per kilowatt of demand $9.27 $9.27 $9.27 Option B, 100% January 2002: The District would increase of 2.452 cents per KWhr to begin January 2002. This could leave the District vulnerable to revenue shortages that might occur during the first two quarters of 2002 when wholesale prices are historically lower than the summer months. The typical residential monthly electric bill for a customer using 650 kWh would increase from about $48.27 to $64.21 in January 2002. The proposed rates would be: Current Rate January 2002 Domestic Electric Rates: Permanent Residents Rate P10 Customer Charge: per month $4.00 $4.00 Energy Charge per kilowatt-hour $0.06811 $0.09263 Domestic Electric Rates: Non-Permanent Residents Rate S10 Customer Charge: per month $4.00 $4.00 Energy Charge per kilowatt-hour $0.08196 $0.10648 Small Commercial Rates Rate 15 Customer Charge: per month $8.00 $8.00 Energy Charge per kilowatt-hour $0.08821 $0.11273 Medium Commercial Rates Rate 20 Customer Charge: per month $80.00 $80.00 Energy Charge per kilowatt-hour $0.03990 $0.06476 Demand Charge per kilowatt of demand $9.77 $9.77 Large Commercial Rates Rate 25 Customer Charge: per month $350.00 $350.00 Energy Charge per kilowatt-hour $0.04139 $0.06591 Demand Charge per kilowatt of demand $9.27 $9.27